Gongyi News Today

Of the 44 large cities experiencing land subsidence, 30 of them are in Asia. One of the worst is Jakarta.

Synopsis:Henan Yirui's strategic expansion takes flight as its new aluminum hot rolling mill, supplied by SMS group, kicks off production two months ahead of sc

SMM reported on Nov 2, 2023, that domestic aluminum ingot stocks were 657,000 mt, up 4,000 mt from Oct 30, 34,000 mt from Oct 26, and 77,000 mt YoY.

SHANGHAI, Aug 18 (SMM) – As of August 17, 2023, SMM recorded China's aluminium ingot stockpile at 490,000 mt, marking a week-on-week drop of 21,000 mt, and a substantial YoY decline of 190,000 mt.

SHANGHAI, Aug 4 (SMM) – SMM data showed aluminium ingot social stocks in China’s eight major markets totalled 525,000 mt as of August 3, down 11,000 mt from a week ago, and was 153,000 mt less than a year ago, still a five-year low compared to the same period of previous years. 

Over the last few months, the worlds two biggest economies have been racing to showcase their generative AI capabilities. ChatGPT, Midjourney, the new Bing and

SHANGHAI, May 12 (SMM) - The aluminium ingot social inventories across China’s eight major markets stood at 787,000 mt as of May 11, down 48,000 mt from a week ago and 216,000 mt from the same period last year.

This is a roundup of China's metals weekly inventory as of May 12.

SHANGHAI, May 8 (SMM) – The aluminium ingot social inventories across China’s eight major markets stood at 816,000 mt as of May 8, down 19,000 mt from last Thursday and 214,000 mt from the same period last year.

SHANGHAI, May 4 (SMM) – East China: Transactions were modest last week. The premiums of SMM A00 aluminium ingots turned from 20 yuan/mt last Monday into discounts of 10 yuan/mt on Friday.