An "independent body" will decide in six weeks' time whether to close Sterlite's Tuticorin copper smelter in the southern Indian state of Tamil Nadu, according to local media reports on Monday August 20....Read More
The effect of the recent crackdown on antimony smuggling at the China-Vietnam border was still being felt in Chinese and European markets last week, Metal Bulletin discovered. ...Read More
Turkish steel producers did not participate in the market on Monday August 20 and many expected there to be no trading this week because of the Islamic Eid al-Adha holiday....Read More
The global steel and ferrous scrap markets have been turned upside down on a flurry of unexpected trade flows caused by a combination of economic jitters in Turkey, trade defences by the United States and production cuts in China....Read More
High growth in demand for lithium batteries is spurring a three-fold growth in mine production of the material over the next four years, according to analytics firm GlobalData. According to the company, 86,000 tonnes of new lithium metal capacity is slated to come on stream, tapping into the push toward the electrification of mobility, and in particular, growth in the development of batteries for...Read More
The export markets for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States softened during the week ended Monday August 20 on low demand in the Middle East-North Africa (Mena) region....Read More
China's hot-rolled coil prices surged on Monday August 20, after production cuts led to a pick-up in domestic trading and fewer deals were heard in the export market, sources said....Read More
Major Chinese steel mills raised their crude steel output rates in early August, while their finished steel inventories increased at the same time....Read More
Turkey has requested dispute consultations with the United States at the World Trade Organization (WTO) regarding the doubling of US duties on certain imported steel and aluminium products, the trade group said on Monday August 20."Turkey claims that the measures are inconsistent with a number of provisions of the WTO's Agreement on Safeguards and the General Agreement on Tariffs & Trade [Gatt] 19...Read More
CIS export wire rod and rebar prices fell in the week ended Monday August 20 following the crash in the Turkish market that was triggered when the United States doubled to 50% its import duty on Turkey-origin steel imports....Read More
The latest metal markets news and price moves to start the North American day on Monday August 20....Read More
Turkish steel producers did not participate in the market on Monday August 20 and many expected there to be no trading this week because of the Islamic Eid al-Adha holiday....Read More
More concerns over steelmaking restrictions in China boosted steel prices on Monday August 20 while demand for iron ore cooled....Read More
The global steel and ferrous scrap markets have been turned upside down on a flurry of unexpected trade flows caused by a combination of economic jitters in Turkey, trade defences by the United States and production cuts in China....Read More
CIS export slab prices continued to fall in the week ending Monday August 20, amid unfavorable market conditions in Turkey and across Europe. ...Read More
Ukrainian steelmaker Metinvest boosted slab sales in the second quarter of 2018, mainly as a result of reduced competition in its major export destinations, the company told Metal Bulletin.Ukraine's Metinvest sold 456,000 tonnes of slab in the April-June quarter, up 50.5% year on year against 303,000 tonnes in the same quarter of 2017.The company's main target markets are Italy, Tur...Read More
China's domestic rebar market rose sharply on Monday August 20 on higher rebar futures and gains in billet prices over the weekend. ...Read More
Fob China ammonium paratungstate (APT) and ferro-tungsten prices continued their downward trend last week amid falling prices in China's domestic market and lackluster demand from the overseas market, while concentrate prices stabilized after six weeks of consecutive price drops. ...Read More
CIS export slab prices continued to fall in the week ending Monday August 20, amid unfavorable market conditions in Turkey and across Europe. ...Read More
Ukrainian steelmaker Metinvest boosted slab sales in the second quarter of 2018, mainly as a result of reduced competition in its major export destinations, the company told Metal Bulletin.Ukraine's Metinvest sold 456,000 tonnes of slab in the April-June quarter, up 50.5% year on year against 303,000 tonnes in the same quarter of 2017.The company's main target markets are Italy, Tur...Read More