Base Metal Stock Articles

Technical analysis: Generally consolidating

04 September 2018 / Staff reporter

Aluminium LME aluminium needs to close above the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the...Read More

Copper: Ripe for a powerful rebound

04 September 2018 / Staff reporter

In this week’s analysis, we identify...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More

Lead: : Bucking the trend

04 September 2018 / Staff reporter

Lead prices go it alone...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it...Read More

GULF FLAT STEEL IMPORTS: Prices yet to rebound from holiday lows

September 04, 2018 / Serife Durmus

Flat steel import prices in the United Arab Emirates and Saudi Arabia have been mostly stable over the past week, with demand remaining poor, sources told Metal Bulletin on Tuesday September 4.Late August was the Islamic Hajj and Eid al-Adha religious celebrations and holidays in the Gulf region. Demand has remained low since then, with buyers waiting for prices to fall.UAEHot-rolled coil (HRC) wa...Read More

Long Steel Products Trade Log, September 4, 2018

September 04, 2018 / Staff reporter

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebarOman, export, rebar, offered at $580-585 per tonne cfr, theoretical weight,...Read More

Nickel: Down, but not out

04 September 2018 / Staff reporter

Stainless market – falling prices and oversupply Our...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download...Read More

Tin: Expect tighter supply/demand balance

04 September 2018 / Staff reporter

In this week’s analysis, we review...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue a...Read More

Zinc: Price forecast cut

04 September 2018 / Staff reporter

In this week’s analysis, we aim...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as s...Read More

Base metals investment analysis: Speculators to form more positive Chinese growth narrative

04 September 2018 / Staff reporter

ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More

Demand Indicators: September 4 2018

04 September 2018 / Staff reporter

Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More

Metals remain in consolidation mode

04 September 2018 / Staff reporter

Three-month base metals prices on the London Metal Exchange were mixed this morning, Tuesday September 4, with price changes ranged between up by 0.7% for aluminium and down by 0.3% for nickel. Copper and zinc prices were up by 0.2%, with the former at $5,959 per tonne, while lead and tin prices were off by 0.2%. Volume has been low with 4,568 lots traded as at 06.28am London time. Precious metals...Read More

PRICING NOTICE: Proposal to amend low-carbon ferro-chrome Europe specification

September 04, 2018 / Jon Stibbs

Following extensive market engagement, Metal Bulletin proposes changes to the specification of 0.10% C low-carbon ferro-chrome Europe price specification to narrow the range of chromium content to 65-70%.At present, Metal Bulletin considers all price points for low-carbon ferro-chrome with a carbon and chromium content of 0.10% and 60-70% chrome respectively into the existing low-carbon ferro-chro...Read More

Tech Talk for Tuesday September 4th 2018

04/09/2018 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade. Crude Oil gained $1.38 to $71.18 per barrel in pre-opening trade. Strength partially is related to Tropical Storm Gordon entering oil and gas producing areas in the Gulf of Mexico.TransOcean (RIG $12.11) plans to purchase Ocean Rig (ORIG $28.08) in a cash and stock deal valued at $2.7 bi...Read More

Hebei Steel hikes silico-manganese purchase price for September

September 04, 2018 / Karen Ng

China's largest steel mill, Hebei Steel, has increased its monthly purchase price for silico-manganese again, following a rise in its tender price for August.The mill has offered to buy silico-manganese at 9,200 yuan ($1,347.36) per tonne for September delivery. The price includes delivery costs and payment through an acceptance draft, according to market sources in China.The latest tender is a ma...Read More

GLOBAL MANGANESE WRAP: Ore prices surrender gains on weakening buying interest

September 04, 2018 / Janie Davies

Manganese ore prices gave up recent gains on Friday August 31 amid buyer resistance to recent offer prices, while alloy prices were steady or higher week on week. Ore prices drop as much as 10 cents in ChinaChinese physical manganese alloys markets tick up, futures weakenSilico-manganese prices rise in IndiaEuropean manganese alloys prices flatline Manganese ore prices dripped on Friday on poorer...Read More

EUROPEAN MORNING BRIEF 04/09: SHFE lead up 1%; copper conc TC/RCs gain in August; Shanghai-bonded copper stocks rise on arb opportunities

September 04, 2018 / Anna Xu

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday September 4.With the exception of lead, base metals prices on the Shanghai Futures Exchange were down during Asian morning trading on Tuesday, with rising trade tensions and disappointing economic data from China dampening market sentiment. Lead managed to buck the general weakness, wi...Read More

DAILY SCRAP REPORT: Turkish mills continue September bookings

September 04, 2018 / Cem Turken

Turkish steel producers have continued to book scrap from the deep-sea market for September deliveries, with prices slightly firmer, sources said on Tuesday September 4.A steel mill in the Iskenderun region booked a cargo from the United States late on September 3, comprising 18,000 tonnes of HMS 1&2 (80:20) at $320 per tonne, 12,000 tonnes of shredded at $325 per tonne and 2,000 tonnes of plate a...Read More

Steelmaking Raw Materials Trade Log, September 4, 2018

September 04, 2018 / Staff reporter

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transactions: iron oreIron oreVale, Global Ore, 170,000 tonnes of 62%...Read More

IRON ORE DAILY: Seaborne trading activity lags behind port market

September 04, 2018 / July Zhang

Seaborne iron ore trading stayed thin on Tuesday September 4, while transaction activity at Chinese ports increased.Metal Bulletin 62% Fe Iron Ore Index: $66.62 per tonne cfr Qingdao, up by $0.57 per tonne.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $65.65 per tonne cfr Qingdao, up by $0.57 per tonne.Metal Bulletin 62% Fe Iron Ore Index Low Alumina: $71.95 per tonne cfr Qingdao, up by $0.20 p...Read More

COKING COAL DAILY: Ex-China prices up in seaborne market

September 04, 2018 / Sophie Zhao

Prices for seaborne coking coal sold outside China picked up on Tuesday September 4 after higher bids emerged.On Global Coal, a cargo of branded materials was traded at $187 per tonne fob Australia during the day, according to various market sources.Meanwhile, a trading source based in Australia said that the Queensland Competition Authority (QCA) has postponed its final decision - original slated...Read More

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