Sales volumes of semi-finished steel products by Russian steelmaker Evraz dropped by 14.6% year-on-year in the first half of 2018 because of lower crude steel output at the Nizhny Tagil Metallurgical Plant (NTMK) as well as the disposal of DMZ Petrovskogo, Metal Bulletin understands....Read More
The CIS export billet price inched up on Thursday July 26, supported by reduced availability of billet in the region....Read More
Steel billet import prices increased this week in Egypt with higher offers in the market, but domestic rebar prices have remained unchanged, sources told Metal Bulletin on Thursday July 26. ...Read More
The latest bids, offers and deals in the global markets for steel billet, slab and bloom. ...Read More
Three-month base metals prices on the London Metal Exchange were mixed on the morning of Thursday July 26, with lead leading on the upside with a 0.7% gain to $2,168 per tonne, while tin was the worst performer with a decline of 0.4% to $19,765 per tonne. Copper was up by 0.2% at $6,316 per tonne the high earlier this morning being $6,378 per tonne. Volume has, however, been above average -...Read More
The latest metal markets news and price moves to start the North American day on Thursday July 26. ...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for June Durable Goods Orders was an increase of 2.8% versus a drop of 0.4% in May. Actual was up 1.0%. Excluding transportation, consensus for June Durable Goods Orders was an increase of...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
Trading activity in the physical iron ore market cooled further on Thursday July 26 amid China's lackluster steel and futures markets, as well as production restrictions in the country's steelmaking hub....Read More
The second-tier segment in the seaborne coking coal spot market saw a flurry of trades involving its top brand after more than two months of inactivity. ...Read More
Vale's second-quarter earnings increased 42.98% year-on-year amid higher iron ore output volumes and increased premiums for quality material....Read More
Fortescue Metals Group (FMG) shipped 170 million tonnes of iron ore in its financial year ended June 30, in line with its guidance....Read More
Base metals prices drifted on the London Metal Exchange during the morning session on Thursday July 26 despite yet another fresh cancelation of almost 50,000 tonnes of aluminium....Read More
Cobalt market veteran and industry expert Tony Southgate will join London-based Stratton Metals as a senior trader on August 28, Metal Bulletin has learnt....Read More
Chinese cobalt salts prices fell in the first half of this week after a wave of destocking hit the market amid bearish sentiment due to declining international cobalt metal prices and weak seasonal demand....Read More
Three-month base metals prices on the London Metal Exchange were mixed on the morning of Thursday July 26, with lead leading on the upside with a 0.7% gain to $2,168 per tonne, while tin was the worst performer with a decline of 0.4% to $19,765 per tonne. Copper was up by 0.2% at $6,316 per tonne - the high earlier this morning being $6,378 per tonne.Volume has, however, been above average - some...Read More
Cobalt Blockchain Inc (COBC) has received final approval for its application for a cobalt and copper export trading license in the Democratic Republic of the Congo (DRC). ...Read More
China's ferrous futures largely moved within a narrow range in negative territory during the morning trading session on Thursday July 26....Read More
Import prices for stainless steel in East Asia fell over the past week, with Chinese suppliers becoming more eager to export due to the depreciating yuan while buying interest remained scant....Read More
Domestic stainless steel prices in China widened upward over the past week following news of an anti-dumping investigation into imports of such products. ...Read More