Base Metal Stock Articles

Demand Indicators: August 29 2018

29 August 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

Tech Talk for Wednesday August 29th 2018

29/08/2018 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of the second estimate of U.S. real GDP. Consensus was a slip in growth to an annual rate of 4.0% versus the first estimate of 4.1%. Actual was growth at a 4.2% rate.Hewlett Packard Enterprises (HPE $16.74) is expected to open higher a...Read More

US scrap sale to Turkey hints at price recovery

August 29, 2018 / Nat Rudarakanchana

One US scrap sale to Turkey concluded late last week indicated a partial recovery in global scrap markets....Read More

DAILY SCRAP REPORT: Turkish market quiet between holidays

August 29, 2018 / Cem Turken

Turkish steel producers went through Wednesday August 29 without making any bookings in the deep-sea market for scrap steel, due to holidays in the country....Read More

Global DRI production up by 21% in July, Worldsteel says

August 29, 2018 / Ross Yeo

Global output of direct-reduced iron (DRI) increased by 21.2% year-on-year in July 2018, according to statistics published by the World Steel Association (Worldsteel) this week....Read More

IRON ORE DAILY: Prices rise for high grades, lumps

August 29, 2018 / July Zhang

Seaborne iron ore transactions slowed down on Wednesday August 29 with higher prices reported for 65% Fe fines as well as lumps....Read More

Steelmaking Raw Materials Trade Log, August 29, 2018

August 29, 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. ...Read More

COKING COAL DAILY: Seaborne prices inch up on rise in end-user inquiries

August 29, 2018 / Sophie Zhao

The Chinese seaborne coking coal spot market edged up following a rush of trades and an increase in inquiries from end-users....Read More

BHP expects high-grade iron ore demand to sustain

August 29, 2018 / Alex Theo

BHP expects grade differentials to persist in the iron ore market, with iron units in ore and penalties for impurities expected to remain the key drivers of the trend....Read More

Corsa Coal sees support for coking coal prices through 2018

August 29, 2018 / Deepali Sharma

US metallurgical coal producer Corsa Coal expects prices of the steelmaking raw material to be supported for the rest of the year, especially amid strong domestic demand and supply bottlenecks. ...Read More

CHINA HRC: Domestic prices slide on futures losses

August 29, 2018 / Miranda Song

China's domestic hot-rolled coil prices slid in the afternoon of Wednesday August 29 on futures losses, with sentiment dampened by news that inventory levels for the flat steel product grew in the country's central and western regions....Read More

CHINA REBAR: Domestic prices rise on strengthening billet, early futures gains

August 29, 2018 / Jessica Zong

China's domestic rebar prices increased on early-hour gains in the futures market as well as that in that for billet, though trading activity remained mixed in different regions. ...Read More

MINOR METALS MARKET REPORT 29/08: Germanium, indium follow Chinese prices down; tellurium corrects lower

August 29, 2018 / Ewa Manthey

An overview of the minor metals markets and the reasons for any price moves.Read More

GERMANIUM SNAPSHOT: European price sinks while spot market revives at lower levels

August 29, 2018 / Jethro Wookey

Key data from the Wednesday August 29 pricing session in London....Read More

INDIUM SNAPSHOT: European price range widens on low China deals

August 29, 2018 / Jethro Wookey

Key data from the Wednesday August 29 pricing session in London....Read More

MB NON-FERROUS PRICE CHANGES 29/08: Minor metals

August 29, 2018 / editorial@metalbulletin.com

The following Metal Bulletin minor metals prices changed on Wednesday August 29:...Read More

GLOBAL ANTIMONY WRAP: Prices move up again amid China's continued smuggling crackdown

August 29, 2018 / Anna Xu

Antimony prices in Europe and China rose in the week ended Friday August 24 amid concerns of tightened supply due to the latter's continued crackdown on antimony smuggling at the China-Vietnam border....Read More

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES 29/08

August 29, 2018 / editorial@metalbulletin.com

The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday August 29:...Read More

Southeast Asia's billet market quiet amid Turkish rebound

August 29, 2018 / Fiona Lam

Import prices for steel billet in Southeast Asia were flat on Wednesday August 29, with most participants holding off on offers and bids following the recovery in prices from major supplier Turkey....Read More

Back To The Basics: Risk-On Sentiment And High Consumer Confidence

Aug 28 2018 5:59PM / Kitco Commentary

Gold futures are trading under pressure today with the most active December Comex contract currently down $8.80 (-0.72%) and fixed at $1,207 20. After gaining over $20 in value on Friday, gold tracked fractionally higher in trading yesterday. However, closing occurred below a key technical resistance level at $1,217 per ounce. Today gold opened right at resistance at $1,217.70 and traded to an int...Read More

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