Top News on China Non-Ferrous markets

Aluminum Corporation of China Limited (Chalco), China's leading state-owned aluminum producer, reported a 1.7% on-year increase in its operating revenue for the full year of 2025 at Yuan 241.1 billion ($35.1 billion), according to its latest annual results.

China's zinc prices trended up on April 1, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price expanding by Yuan 70/tonne day on day to Yuan 23,550/tonne. Geopolitical tensions in the Middle East have eased, as the Trump administration signaled a scaling back of military opera

China's 1# refined copper spot price stood at Yuan 95,649/tonne on March 31, rising by Yuan 571/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 95,380-95,840/tonne, averaging at Yuan 95,580/tonne. The 1# refin

Despite warnings that a global economic slowdown may weigh on world aluminum demand, the impact of further disruptions to primary aluminum production in the Middle East is likely to offset any demand-side weakness, supporting global aluminum prices, according to a recent analytical report by Mysteel

Zinc prices fluctuated last week, with Mysteel's China #0 zinc ingot weekly spot average price falling by 1.82% week on week to an average of Yuan 22,931/tonne ($3,317/tonne). The price of the most popular zinc derivatives contract on the Shanghai Futures Exchange (SHFE) for June delivery decreased

According to Mysteel's weekly survey on 27 refined copper rod, 31 secondary copper rod, 12 copper plate/strip, 31 copper tube, and 30 copper bar producers nationwide, with coverage of 48%, 38%, 32%, 72%, and 80% of total capacity, respectively, China's copper semis output generally increased last we

China's Purchasing Managers' Index (PMI) for the manufacturing sector returned to the expansion zone in March to stand at 50.4, rising by 1.4 points on month after the decline over the prior two months, according to the latest data released by the National Bureau of Statistics (NBS) on Tuesday

Last week, the spot price of cobalt intermediates was quoted at USD $25.826.0 per pound, remaining unchanged. Market liquidity was extremely limited, with no transactions concluded. Only an earlier transaction at USD $25.8 per pound was recorded, while current offers remain at USD $26.0/lb. Shipment

Nickel prices experienced an upward trend last week, with the most actively traded SHFE nickel contract closing at Yuan 137,100 per tonne on Friday, March 27. In terms of market developments, attention was drawn by Indonesia's proposed windfall tax and export duties on the nickel sector. However, as

Sizable Chinese industrial enterprises recorded a total gross profit of Yuan 1.02 trillion ($148.2 billion) for the first two months of 2026, posting a marked 15.2% increase from the same period last year, according to the latest data released by China's National Bureau of Statistics (NBS) on March