Metal12h
Zhongwu Gaoxin: Due to changes in the company's consolidation scope, net profit in 2024 is expected to be up 75%-87.8% YoY.
Net Profit in 2024 Expected to Grow 75%-87.8% YoY Due to Changes in Consolidation Scope] On the evening of January 16, ...
Metal13h
Jinduicheng Molybdenum Co., Ltd.: Due to the decline in molybdenum product prices YoY, net profit in 2024 fell by 3.18% YoY.
Net Profit Decreased by 3.18% YoY Due to the Decline in Molybdenum Product Prices Compared to the Same Period Last Year] The ...
Metal11h
High-Grade NPI Prices Rebound After Bottoming Out, Intensifying the Tug-of-War Between Sellers and Buyers
Additionally, the discount of high-grade NPI to refined nickel widened to 339.65 yuan/mtu this week, an increase of 30.55 ...
Metal4h
COMEX Prices Rose All the Way, Secondary Copper Raw Material Traders Switched to LME Contract Quotations [SMM Secondary Copper Daily Review]
The price of secondary copper raw material remained unchanged MoM today. The price of Guangdong bare bright copper was 68,900-69,100 yuan/mt, also unchanged MoM from the previous trading day. The ...
Metal6h
Shanghai plans to fully switch buses, taxis to NEVs by 2027
Shanghai (Gasgoo)- Shanghai aims to fully transition its buses and taxis to new energy vehicles (NEVs) by the end of 2027, according to the Special Work Plan for Large-Scale Facility and Equipment ...
Metal7h
Aluminum Wire and Cable Enterprises to Take Collective Leave Next Week; Post-Holiday Order Expectations Vary [SMM Analysis]
According to SMM, aluminum wire and cable enterprises are expected to transition into the holiday phase next week. Some top-tier enterprises indicated that their production schedules are expected to ...
Metal7h
Dongfeng Nissan's N7 model reportedly to hit market in May 2025
Shanghai (Gasgoo)- Dongfeng Nissan's N7 model has been included in the latest catalogue released by China's Ministry of Industry and Information Technology (MIIT). Positioned as a pure electric sedan ...
Metal7h
China's new energy heavy-duty truck company SuperPanther closes Series B funding
Shanghai (Gasgoo)- SuperPanther, a Chinese new energy heavy-duty truck developer, recently completed a Series B funding, which raised for the company hundreds of millions of yuan. This fresh round was ...
Metal7h
GAC Group, Huawei's Intelligent Automotive Solution BU conduct joint operation
In addition to working with Huawei, GAC Group continues to advance internal corporate transformations. The group has launched the IPD (integrated product development) and digital transformation ...
Metal7h
Chinese SoC designer Visinex Technology bags nearly 100 million yuan in latest funding
Shanghai (Gasgoo)- Chinese intelligent SoC (System on Chip) design company Visinex Technology recently closed its new financing round, which raised for the company nearly 100 million yuan, according ...
Metal9h
How Will the Die-Casting Zinc Alloy Chinese New Year Break Change This Year? [SMM Analysis]
News: With the 2025 Chinese New Year approaching, SMM recently communicated with die-casting zinc alloy enterprises regarding their holiday plans. This survey covered a total of 26 enterprises, with a ...
Metal11h
Stainless Steel and High-Grade NPI Markets Rebound, Stainless Steel Scrap Prices Are Expected to Strengthen [SMM Analysis]
This week, the price of 304 stainless steel scrap off-cuts in east China remained stable at 9,250-9,350 yuan/mt, while in Foshan, the price also held steady at 9,300-9,600 yuan/mt. Currently, based on ...