Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Indian authorities have decided to slash export rebates, in a move which market participants expect will raise prices for steel shipped out of the South Asian nation, Fastmarkets understands.An Indian steel trader told Fastmarkets that a final decision on the matter was still under discussion, but he expected that the rebate he received on steel exports would be cut from a current 2.5-3% per trans...Read More
Member mills of the China Iron & Steel Association (Cisa) largely kept their crude steel production rates unchanged in late August from the preceding 10 days, but their finished steel inventories continued to drop, according to data released on Thursday September 3.August 21-31 outputCrude steel: 2.16 million tonnes per day, down by 0.04%Finished steel: 2.19 million tpd, up...Read More
Most Turkish flat steel prices increased in August 2020 and market sources expect further price increases to come amid global price rises, Fastmarkets heard on Thursday September 3.Turkish flat steel producers are fully booked until late-October, with trading sources reporting that the market was moderate for most of August because of the seasonal summer slowdown in Turkey and its neighboring coun...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
Here are five Fastmarkets stories you might have missed on Friday September 4 that are worth another look.Steel slab export prices for material from Brazil increased in the week ended September 4, with tight supply but renewed demand in North America and other regions.High demand in...Read More
The latest forecasts from Fastmarkets' team of base metals analysts are ready to view, including an upgrade to our aluminium price forecasts.Aluminium: Price forecasts raisedWe correctly expected the macro reflationary theme to raise the prices for all base metals but, with it being the base metal with by far the weakest fundamentals, we had expected the price of aluminium to underperform relative...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view. A look at stainless steel price movements through August reveals the ongoing battle being faced by stainless steelmakers in Europe and the United States while they try to pass on rising costs to consumers. In these regions, prices on most grades of stainless steel are little changed from July, rising by around 2% at most -...Read More
London Metal Exchange base metals prices were mixed this morning, Monday September 7, as were pre-market major western equity index futures, while metals on the Shanghai Futures Exchange were mainly firmer and Asian-Pacific equities were mixed too.* A better-than-expected US employment report on Friday led to a strong close for the base metals at the end of last week, but a weaker tone in equity m...Read More
Indian authorities have decided to slash export rebates, in a move which market participants expect will raise prices for steel shipped out of the South Asian nation, Fastmarkets understands.An Indian steel trader told Fastmarkets that a final decision on the matter was still under discussion, but he expected that the rebate he received on steel exports would be cut from a current 2.5-3% per trans...Read More
Member mills of the China Iron & Steel Association (Cisa) largely kept their crude steel production rates unchanged in late August from the preceding 10 days, but their finished steel inventories continued to drop, according to data released on Thursday September 3.August 21-31 outputCrude steel: 2.16 million tonnes per day, down by 0.04%Finished steel: 2.19 million tpd, up...Read More
Most Turkish flat steel prices increased in August 2020 and market sources expect further price increases to come amid global price rises, Fastmarkets heard on Thursday September 3.Turkish flat steel producers are fully booked until late-October, with trading sources reporting that the market was moderate for most of August because of the seasonal summer slowdown in Turkey and its neighboring coun...Read More
The latest forecasts from Fastmarkets' team of base metals analysts are ready to view, including an upgrade to our aluminium price forecasts.Aluminium: Price forecasts raisedWe correctly expected the macro reflationary theme to raise the prices for all base metals but, with it being the base metal with by far the weakest fundamentals, we had expected the price of aluminium to underperform relative...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Prices across most ferro-alloy markets trended stable to lower in August as demand remained subdued in major markets, apart from China where steel output continues to rise at a rapid pace, supporting demand for ferro-alloys. As alloy makers seek to remedy supply/demand imbalan...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view. A look at stainless steel price movements through August reveals the ongoing battle being faced by stainless steelmakers in Europe and the United States while they try to pass on rising costs to consumers. In these regions, prices on most grades of stainless steel are little changed from July, rising by around 2% at most -...Read More
The three-month prices of all base metals listed on the London Metal Exchange rose on Friday September 4, with nickel and aluminium gaining the most.The LME three-month nickel price closed at $15,290 per tonne on Friday, after briefly reaching an intraday high of $15,325 per tonne, with 7,233 nickel lots traded over the day.Nickel was the best performer of the LME base metals in August, registerin...Read More