Steel billet import prices in Egypt continued to fall in the week to Thursday August 9 as buying activity remained limited by the holiday season and the expectation that finished long steel prices will soon drop as a result of lower scrap prices. ...Read More
CIS export billet prices softened somewhat on Thursday August 9 with a lack of supporting factors in the market, Metal Bulletin has heard....Read More
Imported billet prices in Turkey have gone down this week on subdued demand, while domestic prices went up slightly due to the weakness of the lira, sources said on Thursday August 9....Read More
Molybdic oxide and ferro-molybdenum prices in Europe have dropped by about 3% so far in the week that began on Monday August 6, after strengthening to three-month peaks the week before, in line with domestic consumer demand....Read More
Import prices for stainless steel in East Asia kept largely steady over the past week, amid stable domestic demand in China and tepid regional demand....Read More
Molybdic oxide and ferro-molybdenum prices in Europe have dropped by about 3% so far in the week that began on Monday August 6, after strengthening to three-month peaks the week before, in line with domestic consumer demand....Read More
The import market for hot-briquetted iron (HBI) in Italy has fallen in the wake of the price decline in the steel scrap market, sources told Metal Bulletin on Thursday August 9....Read More
The price movements of base metals on the London Metal Exchange were mixed at the close of trading on Thursday August 9, typified by sharp drops in the prices of aluminium and nickel, while copper found support despite two consecutive days of stock inflows....Read More
Buyers and sellers in the pig iron export market in the Commonwealth of Independent States were in wait-and-see mode in the week to Thursday August 9, because of the current fall in scrap prices....Read More
The latest metal markets news and price moves to start the North American day on Thursday August 9. ...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday August 9.Check Metal Bulletin's live futures report here.LME snapshot at 0137 London timeLatest 3M LME Prices Price ($/t) Change since yesterday's close ($)Copper6,171.50-1.5Aluminium2,130.5024.5Lead2,1402.5Zinc2,597-15Tin19515115Nickel13,950-100SHFE snapshot at 0937 S...Read More
The price movements of base metals on the London Metal Exchange were mixed at the close of trading on Thursday August 9, typified by sharp drops in the prices of aluminium and nickel, while copper found support despite two consecutive days of stock inflows....Read More
Comex copper prices hit a one-week high Thursday August 9 morning in the US amid a general technical increase across the base metals complex....Read More
China's hot-rolled coil prices fell on Thursday August 9, dragged down by low demand....Read More
Steel billet import prices in Egypt continued to fall in the week to Thursday August 9 as buying activity remained limited by the holiday season and the expectation that finished long steel prices will soon drop as a result of lower scrap prices. ...Read More
CIS export billet prices softened somewhat on Thursday August 9 with a lack of supporting factors in the market, Metal Bulletin has heard....Read More
Copper and brass scrap markets in the United States are in a state of flux, with market participants rapidly working to digest how China's 25% blanket tariff on imports of recycled copper from the US will affect domestic pricing....Read More
China's threat to impose import taxes on US copper concentrates looms over the market for mined copper, leaving consumers and traders scrambling to swap cargoes scheduled for Chinese ports, sources directly involved in the trade told Metal Bulletin....Read More
Teck Resources has received environmental approval for the expansion of its Quebrada Blanca copper mine in the Tarapac?? region of northern Chile. ...Read More
Comex copper prices hit a one-week high Thursday August 9 morning in the US amid a general technical increase across the base metals complex....Read More