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SMM: Analysis of Japan's Secondary Copper Market — Future Market Outlook and Countermeasures

SMM: Analysis of Japan's Secondary Copper Market — Future Market Outlook and Countermeasures

Japan's copper scrap market is a competitive seller's ecosystem. Ex-China buyers need long-term partnerships. Japan leads in quality ($8,112/mt average export price). Domestic smelter consumption rises, while exports and processing usage (down 8% by 2025) decline, tightening global supply.
Mumbai Introduces AI System For Building Clearances

Mumbai Introduces AI System For Building Clearances

Mumbai introduced CivitTwin, an AI system, to automate building clearance scrutiny. This aims to reduce delays, improve transparency, and streamline permissions in the city's complex construction market, supporting sustainable urban growth.
Mumbai Flyover Push Ahead Of Monsoon

Mumbai Flyover Push Ahead Of Monsoon

Mumbai's administration intensifies oversight of several delayed civic and transport projects, including the Mrinaltai Gore Flyover, in western suburbs. This push aims to accelerate execution and reduce monsoon disruptions, improving public services.
Coal Surges After Deadly Mine Blast in China

Coal Surges After Deadly Mine Blast in China

Thermal coal futures surged above $137 per ton, a seven-week high, after a deadly gas explosion at a Chinese mine prompted production suspensions and intensified safety inspections in the largest coal-producing region.
Middle East conflict disrupts major metals and mining markets, threatening global supply and prices

Middle East conflict disrupts major metals and mining markets, threatening global supply and prices

The Middle East conflict, escalating early 2026, is disrupting global metals and mining supply chains. Strait of Hormuz closure and regional processing damage cause widespread market and cost impacts, threatening global supply and prices.
Natural gas storage report shows lower-than-expected build

Natural gas storage report shows lower-than-expected build

Natural gas storage increased by 92 Bcf, below the 96 Bcf forecast. This build is less than the prior week's 101 Bcf, showing a lower-than-expected inventory accumulation rate.
Strong Industrial Data Support Stable Iron Ore Prices [SMM Daily Review on Imported Ore] – Shanghai Metals Market (SMM)

Strong Industrial Data Support Stable Iron Ore Prices [SMM Daily Review on Imported Ore] – Shanghai Metals Market (SMM)

DCE iron ore futures closed at 780.5 yuan/mt, down 0.06%. Port spot prices fell 1-5 yuan, with lukewarm trading and cautious steel mill inquiries. Transactions were mainly at low prices.
Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Oil prices edged lower on Friday, set for weekly declines, as investors weighed progress in diplomatic efforts for a US-Iran peace deal.
Here’s why Brent crude oil price may drop below $60 soon

Here’s why Brent crude oil price may drop below $60 soon

Brent crude oil price dropped for three days, hitting its lowest since April 7. Plunging from $114 (May 4) to $91, it may fall below $60 soon, amid a US-Iran deal.
Kolkata Storm Alerts Raise Urban Flood Concerns 

Kolkata Storm Alerts Raise Urban Flood Concerns 

Kolkata faces urban flood concerns as pre-monsoon storms with 40-50 kmph winds and rain follow 39°C heat. Ageing drainage and transport systems are tested, highlighting climate adaptation challenges and infrastructure vulnerabilities.

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