Metal Bulletin has today discontinued the publication of single numbers for base metals as of August 28, 2018.After a two month consultation period, Metal Bulletin has decided to stop assessing single-number base metals premiums after feedback from market participants and exchanges said that these numbers are not widely used by the industry, who prefer to use the low-high premium assessm...Read More
Over the course of the week ending on Friday August 24, total on-warrant stock levels on the London Metal Exchange have been subject to significant fresh cancelations, with more than 80,000 tonnes of copper booked for removal....Read More
China Nonferrous Mining Corp's (CNMC) copper project in Zambia has started trial production and targets an annual output of 252,000 tonnes of copper concentrates once commercially operational, the state-owned miner said on Thursday August 23. The Chambishi Southeast project is expected to produce approximately 63,000 tonnes of copper contained in concentrates and about 1,000 tonnes of cobalt&...Read More
Daily PDFs will be downloadable until Monday August 27. After that, because of a UK national holiday, the next daily PDF will be downloadable on Wednesday August 29.Read More
US import beam prices rose to $900-920 per ton, which attracted few US buyers, while domestic beam prices were flat month over month at $43.5 per cwt ($870 per ton). ...Read More
Brazilian slab export prices edged down for a second consecutive week due to reduced demand in the United States and a summer lull in Europe....Read More
Prices in the United States for imported flat-rolled steel were mixed amid uncertainty over how changes to US Section 232 tariffs - both announced and anticipated - might impact supplies....Read More
Hot-rolled coil prices have declined in the United States after new domestic production and import competition eroded bookings, according to market participants. ...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 24....Read More
Polish steelmakers increased their domestic rebar offer prices late this week, sources told Metal Bulletin....Read More
The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday August 24:...Read More
The latest metal markets news and price moves to start the North American day on Friday August 24. ...Read More
China's domestic spot battery-grade lithium carbonate prices fell again this week on lower concluded business after buyers secured lower prices, while lithium hydroxide prices held steady on quiet buying activity though lower prices were heard in the spot market.Lithium carbonate prices keep moving down on low trading activity and buyers pushing for lower prices. Lithium hydroxide prices held...Read More
A Turkish steel mill was rumored to have booked a scrap steel cargo in the deep-sea market on Friday August 24 but the reported details of the transaction were unclear, and this kept prices unchanged on the day....Read More
Prices for light iron scrap in the UK widened downward on Friday August 24 due to weakness in other scrap markets around the world....Read More
Prices for containerized shredded scrap imported into India moved lower again this week although not as sharply as last week, with some market participants reporting better demand on Friday August 24....Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More
Seaborne iron ore prices rose on Friday August 24 with the high grade Carajas fines traded higher and higher....Read More
The seaborne coking coal market strengthened this week, particularly in the wake of the conclusion of a transaction on an fob Australia basis at unusually high prices....Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday August 24*...Read More