Base Metal Stock Articles

LIVE FUTURES REPORT 27/07: LME base metals tick higher on weaker dollar, stock drawdowns; lead price under pressure

July 27, 2018 / Hassan Butt

Base metals on the London Metal Exchange ended the week mostly higher by the close of trading on Friday July 27, propped up by a marginal dip in the US dollar index while broad LME inventory drawdowns push prices higher. ...Read More

US Midwest P1020 premium climbs, but aluminium market wary

July 27, 2018 / Kirk Maltais

The US Midwest aluminium premium has clawed its way back to higher ground, although market participants are concerned that another US government move on trade tariffs could potentially derail the correction. ...Read More

LIVE FUTURES REPORT 27/07: Comex copper prices ascend as dollar declines

July 27, 2018 / Dalton Barker

Comex copper prices ticked higher in the final session of the week on Friday July 27 morning in the US, amid a softer dollar and easing trade concerns....Read More

NORTH AMERICAN MORNING BRIEF 27/07: Teck sells Red Dog zinc concentrates; cobalt arb opportunities;SQM CEO resigns

July 27, 2018 / Alice Mason

The latest metal markets news and price moves to start the North American day on Thursday July 26....Read More

Teck sells Red Dog zinc concentrates into China for first time, opening market

July 27, 2018 / Archie Hunter

Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More

Chinalco's 400ktpy copper smelter to come online as early as mid-Aug - sources

July 27, 2018 / Julian Luk

Aluminium Corporation of China's (Chinalco) massive Ningde copper smelter will commence output as early as mid-August, Metal Bulletin has learned....Read More

SHFE vs LME physical arbitrage 27/07: Copper, aluminium, zinc, nickel

July 27, 2018 / Karen Ng

The arbitrage for copper, aluminium, zinc and nickel imported into China on Friday July 27*...Read More

SHFE STOCKS REPORT 27/07: Base metals inventory slip; zinc stocks sink to 10-yr low

July 27, 2018 / Hui Li

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

STEEL WEEK IN BRIEF: Global scrap prices fall; US, EU working to resolve tariff tiff; Italian authorities may cancel Ilva sale...

July 27, 2018 / Elizabeth Ramanand

Metal Bulletin reviews the major stories that have affected the steel market over the past week....Read More

US import beam prices rise, domestic prices hold

July 27, 2018 / Nat Rudarakanchana

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

US hot-rolled index inches up; fears of price peak remain

July 27, 2018 / Michael Cowden

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

Usiminas Q2 earnings drop 31% on lower volumes, higher costs

July 27, 2018 / Felipe Peroni

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

POLAND REBAR: Domestic offers expected to move up

July 27, 2018 / Maria Tanatar

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

GLOBAL CHROME SNAPSHOT: Little sign of bulls prior to new tenders, during summer lull

July 27, 2018 / Chris Kavanagh

Key data from the pricing session ending July 27....Read More

BATTERY RAW MATERIALS MARKET REPORT 27/07: Lithium continues downtrend

July 27, 2018 / Charlotte Radford

An overview of the battery raw materials markets and their price moves from the past week.Read More

MB NON-FERROUS PRICE CHANGES 27/07: Noble alloys, bulk alloys & ores

July 27, 2018 / editorial@metalbulletin.com

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday July 27:...Read More

GLOBAL LITHIUM WRAP: China's battery-grade lithium prices dip to draw in demand

July 27, 2018 / Martim Facada

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

PEOPLE MOVES: SQM CEO Solminihac resigns, to be replaced by CFO

July 27, 2018 / Martim Facada

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

Tech Talk for Friday July 27th 2018

27/07/2018 / Staff reporter

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

Low bids curb Brazilian producers' pig iron exports

July 27, 2018 / Marina Shulga

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

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