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Recent Articles
Search ArticlesDomestic Bauxite Imports Increase 12.6% YoY in June
Published: Jul 19, 2026 22:44 Data from the General Administration of Customs shows that domestic imports of bauxite and its concentrates reached 20.32 million tonnes in June 2026, representing a year-on-year increase of 12.6%. The cumulative import volume for the January-June period stood at 120.93 million tonnes, rising by 17.4% year on year.
Domestic Alumina Exports Increase 55.1% YoY in June 2026
Published: Jul 19, 2026 22:47 According to domestic customs authorities, domestic exports of alumina hit 270,000 tonnes in June 2026, a year-on-year surge of 55.1%. For the January-June period of 2026, cumulative domestic alumina exports reached 1.61 million tonnes, up 19.8% year on year. Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model.
Domestic Port Inventories of Imported Bauxite Drop by 250,000 MT Week-on-Week
Published: Jul 19, 2026 22:37 【SMM Port Inventory of Imported Bauxite】According to SMM's statistics on July 17, the total bauxite inventory at ten domestic ports decreased by 250,000 mt from the previous week. Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model.
Copper Scrap Market Navigates Compliance Supply Tightness Amid Price Fluctuations
Published: Jul 19, 2026 13:56 This week (July 13-16), the copper scrap market operated under a triple framework of copper prices retreating after rapid rises, ongoing reverse-invoicing compliance constraints, and deepening high-temperature off-season. The most-traded SHFE copper contract surged to 105,020 yuan/mt mid-week, up nearly 2,000 yuan/mt from the start of the week.
US Dollar Weekly Decline, Crude Oil Weekly Surge, Base Metals: Domestic Market Outperformed Overseas Market, Alumina, SHFE Tin, and SHFE Silver Rose Over 1% [Overnight Moves]
Published: Jul 18, 2026 20:54 SMM, July 18: Metals market: Overnight, base metals in the domestic market nearly all rose. SHFE copper increased 0.15%, SHFE aluminum rose 0.22%, SHFE lead gained 0.69%, SHFE zinc fell 0.85%, and SHFE tin jumped 1.57%. SHFE nickel edged down 0.28%. In addition, the most-traded alumina futures rose 1.64%, and the most-traded foundry aluminum contract climbed 0.67%. Overnight, ferrous metals mostly fell.
[SMM Flash] A furnace leak and fire occurred at an aluminum smelter in Xinjiang
Published: Jul 18, 2026 16:29 On July 17, an aluminum producer in Xinjiang experienced a pot leakage accident, where high-temperature molten aluminum ignited a fire in the plant, causing some capacity to be suspended. It is reported that the enterprise has an operating capacity of 800,000 mt/year.
US Dollar Weekly Decline, Crude Oil Weekly Surge, Base Metals: Domestic Market Outperforms Overseas Market, Alumina and SHFE Tin Up over 1% [Overnight Market]
Published: Jul 18, 2026 09:28 SMM, July 18: Metals market: Overnight, base metals in the domestic market nearly all rose. SHFE copper increased 0.15%, SHFE aluminum rose 0.22%, SHFE lead gained 0.69%, SHFE zinc fell 0.85%, and SHFE tin jumped 1.57%. SHFE nickel edged down 0.28%. In addition, the most-traded alumina futures rose 1.64%, and the most-traded foundry aluminum contract climbed 0.67%. Overnight, ferrous metals mostly fell.
Downstream Enterprises Buy the Dip, Primary Lead Enterprises’ In-Factory Inventory Declines [SMM Primary Lead Inventory Weekly Review]
Published: Jul 17, 2026 18:08 It is understood that as of July 16, the in-factory inventory of major primary lead delivery brands was 17,100 mt, down 2,400 mt WoW. This week, production at primary lead smelters was stable with slight growth, while lead prices plunged early in the week, prompting downstream enterprises to buy the dip. Except for a few smelters holding back from selling at low prices, most other enterprises sold at market prices, leading to a decline in in-factory inventories.
HSCM Bermuda Acquires Controlling Stake in First Bauxite, Aiming to Advance Guyana Projects
[SMM Aluminum Express News] First Bauxite has announced a change of ownership, with private investment group HSCM Bermuda acquiring a controlling interest in the company. The new ownership is expected to support the advancement of First Bauxite's Bonasika bauxite mine and refractory-grade bauxite projects in Guyana, while the company continues to focus on supplying high-value non-metallurgical bauxite markets.
Outside China Inventory Buildup Bearishness Exhausted, Future Lead Price Trend Needs More Attention on Domestic Developments [SMM Weekly Lead Price Forecast]
Published: Jul 17, 2026 18:20 Next week, key macroeconomic data will include US June housing starts, building permits, industrial production, and the University of Michigan consumer sentiment index, which will influence market expectations for the Fed's rate path. Meanwhile, the ongoing Middle East geopolitical conflict continues to escalate, with shipping volume through the Strait of Hormuz falling to about one-tenth of pre-war levels.