Key data from the Wednesday August 29 pricing session in Shanghai. Cobalt metal - China domestic cobalt metal price dipped during the midweek pricing session to 470,000-500,000 yuan per tonne ($26.94-28.66 per lb China VAT-free), following local producers' destocking activities. - Spot trades have been thin with Jinchuan branded cobalt changing hands at 470,000-475,000 yuan per tonne. Offers for i...Read More
Domestic prices for hot-rolled coil (HRC) in the EU were expected to move upward despite competitive import offers from Turkey, sources told Metal Bulletin on Thursday August 30....Read More
International metals group Liberty House will almost double production of hot rolled coil (HRC) at its Newport rolling mill in South Wales, UK, in 2018, the company said on Thursday August 30....Read More
China's hot-rolled coil prices fell on Thursday August 30 on expectations of an increase in supply amid rising production and the absence of signs pointing to restrictions tied to the winter heating season being rolled out in September....Read More
Steel billet import prices in Egypt continued to fall in the week ended Thursday August 30, with lower offers coming from the CIS region, while domestic rebar prices also decreased....Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. ...Read More
China's domestic rebar prices moved down on Thursday August 30, in line with weak demand and lower futures. ...Read More
The export market for pig iron from the Commonwealth of Independent States was quiet on Thursday August 30 because of expectations of possible scrap price reductions in September in the key outlets of the United States and Italy....Read More
Turkish steel producers returned to the deep-sea scrap markets for two new deals on Thursday August 30, at prices up by around 3%, despite it being a national holiday in the country....Read More
Trading activity in the seaborne iron ore market was limited on Thursday August 30 with buyers and sellers refusing to compromise amid price drops in China's steel markets....Read More
Steel billet import prices in Egypt continued to fall in the week ended Thursday August 30, with lower offers coming from the CIS region, while domestic rebar prices also decreased....Read More
China's domestic rebar prices moved down on Thursday August 30, in line with weak demand and lower futures. ...Read More
China's coke future tumbled during morning trading on Thursday August 30, while the other ferrous contracts ended the session little changed from their opening prices....Read More
Import prices for stainless steel in East Asia remained largely stable over the past week amid limited trading, low demand and a softening nickel market....Read More
China's domestic stainless steel prices moved up slightly over the past week although demand remained soft....Read More
International metals group Liberty House will almost double production of hot rolled coil (HRC) at its Newport rolling mill in South Wales, UK, in 2018, the company said on Thursday August 30....Read More
The export market for pig iron from the Commonwealth of Independent States was quiet on Thursday August 30 because of expectations of possible scrap price reductions in September in the key outlets of the United States and Italy....Read More
The prices of base metals on the London Metal Exchange had mostly fallen by the close of trading on Thursday August 30, hampered by continued uncertainty about the trade relations of the United States, while a resurgence of volatility across emerging markets' currencies weakened investment....Read More
Turkish steel producers returned to the deep-sea scrap markets for two new deals on Thursday August 30, at prices up by around 3%, despite it being a national holiday in the country....Read More
Domestic prices for hot-rolled coil (HRC) in the EU were expected to move upward despite competitive import offers from Turkey, sources told Metal Bulletin on Thursday August 30....Read More