Aluminium Corporation of China's (Chinalco) massive Ningde copper smelter will commence output as early as mid-August, Metal Bulletin has learned....Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Friday July 27*...Read More
Base metal stocks at Shanghai Futures Exchange-approved warehouses were broadly lower week on week on Friday July 27, with zinc stocks falling to their lowest in 10 years....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week....Read More
Prices for imported steel beams into the United States have risen and domestic prices have remained flat month on month, but the market could be due for a correction in the coming weeks, sources said....Read More
Hot-rolled coil prices in the United States have rebounded modestly despite continued concerns among buyers that prices are at or near a peak....Read More
Earnings at Brazilian flat steel and iron ore producer Usiminas dropped by 30.80% year-on-year in the second quarter of 2018, on lower steel production volumes and higher expenses....Read More
Domestic prices for rebar in Poland have been stable over the past week, but mills are expected to increase their offers, sources told Metal Bulletin on Friday July 27....Read More
Key data from the pricing session ending July 27....Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday July 27:...Read More
Domestic spot prices for battery-grade lithium carbonate in China have gone down week-on-week, with most producers lowering their prices to secure sales amid persistently low demand....Read More
SQM chief executive Patricio de Solminihac Tampier tendered his resignation on Wednesday July 25, citing personal reasons. His resignation will become effective on December 31; he will be succeeded by chief financial officer Ricardo Ramos Rodriguez, who has worked at SQM for 29 years, on January 1. Solminihac has spent more than 30 years at SQM in a variety of positions, including vice presid...Read More
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 first estimate of second quarter real GDP. Consensus was growth at a 4.0% rate versus an upwardly revised 2.2% in the first quarter. Actual was 4.1%.Second quarter reports continue to pour in. Another 19 S&P 500 companies re...Read More
Brazilian producers in the south of the country were ready to export pig iron, but bids were too low, from the United States in particular, traders told Metal Bulletin on Friday July 27....Read More
There has been another week of silence in the United States pig iron market in the period ending Friday July 27, with buyers and suppliers failing again to agree on prices....Read More
Global scrap prices softened in several markets in the working week from Monday July 23 to Friday July 27, often because of weak demand in the downstream long steel segments in Taiwan and Turkey.Exporters in the United States saw prices dip when their customers in Taiwan and Turkey continued to bid lower prices for their material.And the discovery of a volume of cocaine by Vietnamese authorities a...Read More
Prices for containerized shredded scrap imported into India have fallen by almost $10 per tonne this week due to reduced offer prices, sources told Metal Bulletin on Friday July 27....Read More
Turkish steel mills have now started to book deep-sea scrap for delivery in September, while prices continue to fall, sources told Metal Bulletin on Friday July 27....Read More
Trading activity picked up in the seaborne iron ore market on Friday July 27 amid surging steel and futures prices in China....Read More