Efforts by the global aluminium industry to meet emissions targets are becoming the rule rather than the exception, and there is no going back, according to the chief executive officer of aluminium producer Norsk Hydro.This includes China, which has significantly increased its efforts to tackle pollution from industries including aluminium smelting in recent months."A market without strict environ...Read More
Chilean lithium and iodine producer Sociedad Quimica y Minera's (SQM) earnings in the first half of 2018 rose by 21.2% year on year to $247.7 million from $204.4 million the year before. Total revenue from SQM's five businesses increased by 13% to $1.15 billion in the first six months of 2018, from $1.02 billion in the corresponding period last year. SQM's first-half results were led primarily by...Read More
The aluminium market has been thrust into a period of uncertainty that has become a feature of the trade in recent months because of tariffs and sanctions, a situation that seems unlikely to change, the head of Norwegian producer Norsk Hydro said.A key effect was to push aluminium premiums in the United States to near-record highs at one point, Svein Richard Brandtz??g told Metal Bulletin on...Read More
China's cobalt tetroxide prices have been under pressure in the past few months from high inventories, weak spot demand and substitution by battery makers, market participants told Metal Bulletin. Metal Bulletin assessed Chinese cobalt tetroxide prices (72.6% Co) at 340,000-360,000 yuan ($49,700-52,623) per tonne on Wednesday August 23, down more than 20% from two months ago. The cobalt tetro...Read More
Turkish steel producers continued their absence from the deep-sea scrap markets on Thursday August 23 while the Eid al-Adha religious holiday continued....Read More
Three-month base metals prices on the London Metal Exchange were mainly down on the morning of Thursday August 23, with lead prices bucking the trend with a 0.2% rise, while the rest were off by between 0.5% for aluminium and 1.5% for nickel. The three-month copper contract was down by 1.2% at $5,941 per tonne.Volume has been high with 11,053 lots traded as at 07.37am London time.This morning's ge...Read More
China's cobalt tetroxide prices have been under pressure in the past few months from high inventories, weak spot demand and substitution by battery makers, market participants told Metal Bulletin. Metal Bulletin assessed Chinese cobalt tetroxide prices (72.6% Co) at 340,000-360,000 yuan ($49,700-52,623) per tonne on Wednesday August 23, down more than 20% from two months ago. The cobalt tetro...Read More
Chilean lithium and iodine producer Sociedad Quimica y Minera's (SQM) earnings in the first half of 2018 rose by 21.2% year on year to $247.7 million from $204.4 million the year before. Total revenue from SQM's five businesses increased by 13% to $1.15 billion in the first six months of 2018, from $1.02 billion in the corresponding period last year. SQM's first-half results were led primarily by...Read More
China's domestic hot-rolled coil prices dipped on Thursday August 23 amid weak demand, while export offers remained relatively high despite an absence of bids....Read More
China steel production is supposedly yet to peak in the next decade due to expectations that the country will double its domestic steel usage over time, miner BHP said in a commodity outlook this week....Read More
Prices across the wire rod spectrum are steady this week, but market participants said supply chain and scrap-related dynamics are potential areas of volatility....Read More
Removing the blocks to progress on existing infrastructure works in Brazil could create demand for around 8.40 million tonnes of steel products over the next few years, according to a study by consultancy E8 Intelig??ncia....Read More
The export market for pig iron from the Commonwealth of Independent States has softened this week because buyers in the United States, the largest outlet region, have insisted on lower prices....Read More
Turkish steel producers continued their absence from the deep-sea scrap markets on Thursday August 23 while the Eid al-Adha religious holiday continued....Read More
Transactions in the physical iron ore market remained thin on Thursday August 23 with participants waiting for more clarity on upcoming steel production cuts in China....Read More
The CIS export billet market was largely quiet on Thursday August 23 with buying activity being generally soft this week due to religious holidays in Islamic nations....Read More
China's domestic rebar prices were unchanged on Thursday August 23 amid soft demand. ...Read More
China's domestic stainless steel prices were unchanged over the past week with demand remaining soft while the nickel market rebounded....Read More
Removing the blocks to progress on existing infrastructure works in Brazil could create demand for around 8.40 million tonnes of steel products over the next few years, according to a study by consultancy E8 Intelig??ncia....Read More
Import prices for steel billet in Southeast Asia were unchanged on Thursday August 23 with major supplier Turkey on holiday....Read More