Base Metal Stock Articles

Brazilian slab export prices narrow down on new negotiations

September 11, 2021 / Staff reporter

Brazilian slab export prices narrowed downward in the week ended on Friday September 10, with producers launching their first offers for November-shipment batches.Fastmarkets' weekly assessment for steel slab, export, fob main port Brazil was $870-880 per tonne on Friday, down from $870-900 per tonne the previous week.Brazilian...Read More

ZINC CONCS: TCs rise slightly amid more availability, domestic concs preference

September 11, 2021 / Staff reporter

The zinc concentrate market remained broadly stable in the fortnight to Friday September 10, with smelters and traders reporting a quiet period but also a continued uptrend on treatment charges since August.Zinc spot concentrate TC, cif China was assessed at $75-92 per tonne on Friday, with the top end of the range rising by $2 since August 27.Smelters had reserved enough concentrate for the...Read More

SPECIALTY STEEL RAW MATERIALS 10/09: Supply issues still driving chromium metal market

September 11, 2021 / Staff reporter

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Cristina Belda, Dalila Ouerghi...Read More

Brazil's pig iron export prices rise on active sales to US, China

September 11, 2021 / Staff reporter

Brazil's pig iron export market rebounded during the week ended Friday September 10 on active sales to the United States and China, sources told Fastmarkets.Fastmarkets' assessment of pig iron, export, fob port of Vitoria/Rio, Brazil was $475-500 per tonne on Friday, widening upward from $475-485 per tonne a week earlier.A sale of pig iron was done to the US at $480 per tonne early during the week...Read More

STEEL SCRAP WRAP:Demand ramps up in Turkey, Asia

September 11, 2021 / Staff reporter

Turkey returned to the deep-sea steel scrap market with renewed vigor in the week to Friday September 10 although regional mills kept their prices stable at lower levels while those in Asia went up on healthy demand over the period.Turkey scrap prices stable after raft of deep-sea bookingsUnited States scrap export prices still in decline Vietnamese import interest renewed amid higher Chinese...Read More

UK STEEL SCRAP WEEKLY: Market stable on tight availability

September 11, 2021 / Staff reporter

The light-iron scrap market in the United Kingdom was steady during the week to Friday September 10, stabilizing losses from the week prior on persistent tight availability, despite slower export markets to deep-sea destinations, trade sources said.Fastmarkets' weekly price assessment for steel scrap 5C loose old light domestic, delivered inter-merchant, UK was ?170-185 ($235-255) per tonne...Read More

Chinese buyers purchase deluge of billet cargoes from around the globe

September 11, 2021 / Staff reporter

Chinese buyers purchased several hundred thousand tonnes of import steel billet cargoes at rising prices during the week to Friday September 10, amid support from tighter production restrictions in the country, sources told Fastmarkets.Deal prices for 3sp billet imported to China reached $705 per tonne cfr by Tuesday and continued rising through the latter part of the week.Fastmarkets' price asses...Read More

EUROPE STAINLESS STEEL: Base prices up on continued supply shortage

September 11, 2021 / Staff reporter

Base prices for cold-rolled stainless steel in Europe increased in the week ended Friday September 10 due to the ongoing supply shortage, sources told Fastmarkets.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, base price domestic, delivered Northern Europe rose to ?,?1,800-1,850 ($2,128-2,187) per tonne on September 10, up by ?,?50 per tonne week on wee...Read More

Operations at Brazil's S??o Francisco port resume after protest-imposed halt

September 11, 2021 / Staff reporter

Activities at the S??o Francisco do Sul port, in Brazil's southern Santa Catarina state, resumed after a truckers' road blockade prevented normal operations during this past week, a spokesperson for the port's operator told Fastmarkets on Friday September 10.According to a report from the country's infrastructure ministry, blockades ended entirely on Friday. Demonstrations that broke out across Br...Read More

Operations at Brazil's S??o Francisco port resume after protest-imposed halt

September 11, 2021 / Staff reporter

Activities at the S??o Francisco do Sul port, in Brazil's southern Santa Catarina state, resumed after a truckers' road blockade prevented normal operations during this past week, a spokesperson for the port's operator told Fastmarkets on Friday September 10.According to a report from the country's infrastructure ministry, blockades ended entirely on Friday. Demonstrations that broke out across Br...Read More

US PIG IRON: Prices stop falling on suppliers' full order books

September 11, 2021 / Staff reporter

Following a downtrend that began in mid-June due to soft demand, the market for pig iron imports in the United States stopped falling during the week to Friday September 10 because suppliers have sold large tonnages, mainly to China.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was $530-540 per tonne on Friday, widening upward from $530-535 per tonne cfr a week before....Read More

CONSUMER ELECTRONICS RAW MATERIALS 10/09: Lithium carbonate prices surge on supply tighness

September 11, 2021 / Staff reporter

An overview of the consumer electronics markets and their latest price moves.Read More

SOUTH ASIA STEEL SCRAP: Prices up on healthy demand in Pakistan

September 11, 2021 / Staff reporter

Prices for shredded steel scrap imports into Pakistan inched upward in the week to Friday September 10, supported by healthy demand, sources told Fastmarkets.Prices in India showed small week-on-week rises but have fluctuated in narrow ranges through the week, with trading activity limited.PakistanFastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan, at...Read More

US PIG IRON: Prices stop falling on suppliers' full order books

September 11, 2021 / Staff reporter

Following a downtrend that began in mid-June due to soft demand, the market for pig iron imports in the United States stopped falling during the week to Friday September 10 because suppliers have sold large tonnages, mainly to China.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was $530-540 per tonne on Friday, widening upward from $530-535 per tonne cfr a week before....Read More

ENERGY TRANSITION RAW MATERIALS 10/09: Cobalt, lithiumprices continue to rise

September 11, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves in the week to Friday September 10.Susan Zou, Yingchi Yang and...Read More

ZINC CONCS: TCs rise slightly amid more availability, domestic concs preference

September 11, 2021 / Staff reporter

The zinc concentrate market remained broadly stable in the fortnight to Friday September 10, with smelters and traders reporting a quiet period but also a continued uptrend on treatment charges since August.Zinc spot concentrate TC, cif China was assessed at $75-92 per tonne on Friday, with the top end of the range rising by $2 since August 27.Smelters had reserved enough concentrate for the...Read More

ENERGY TRANSITION RAW MATERIALS 10/09: Cobalt, lithiumprices continue to rise

September 11, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves in the week to Friday September 10.Susan Zou, Yingchi Yang and...Read More

OUTLOOK: Prospects for global long-steel market remain positive, Irepas says

September 11, 2021 / Staff reporter

The International Rebar Producers & Exporters Association (Irepas) continues to believe that prospects for the global long steel-products market remain satisfactory for the rest of 2021.The association's September 9 report listed several positive factors, most notably the improving supply-demand balance in the major markets, planned infrastructure investments worldwide, and the growing number...Read More

ENERGY TRANSITION RAW MATERIALS 10/09: Cobalt, lithiumprices continue to rise

September 11, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves in the week to Friday September 10.Susan Zou, Yingchi Yang and...Read More

Brazilian slab export prices narrow down on new negotiations

September 11, 2021 / Staff reporter

Brazilian slab export prices narrowed downward in the week ended on Friday September 10, with producers launching their first offers for November-shipment batches.Fastmarkets' weekly assessment for steel slab, export, fob main port Brazil was $870-880 per tonne on Friday, down from $870-900 per tonne the previous week.Brazilian...Read More

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