Severstal has increased rebar prices in Russia's central region, but the increase has been restricted by a weak export market....Read More
Outokumpu has blamed its weaker year-on-year financial results for the second quarter of 2018 on lower European base prices, higher input costs and increased freight rates in the US market. ...Read More
Chinese ferro-silicon prices continued to decline in the week to Friday July 20 amid weak demand and production ramp-ups, while European prices staged a slight recovery following a steep fall in the prior week. ...Read More
China has launched an anti-dumping investigation into imports of stainless steel billet and slab, as well as stainless hot-rolled plate and coil produced in the European Union, Japan, South Korea and Indonesia, according to a notice by the country's Ministry of Commerce on Monday July 23. The period being investigated is the whole of 2017 while timeframe being probed to determine industrial damage...Read More
China has launched an anti-dumping investigation into imports of stainless steel billet and slab, as well as stainless hot-rolled plate and coil produced in the European Union, Japan, South Korea and Indonesia, according to a notice by the country's Ministry of Commerce on Monday July 23. The period being investigated is the whole of 2017 while timeframe being probed to determine industrial damage...Read More
A summary of base metals premiums from across the globe for the week to Tuesday July 24.Read More
Prices for domestically produced rebar in the United Arab Emirates decreased on Tuesday July 24, with demand limited for seasonal reasons, sources told Metal Bulletin....Read More
Base metals on the London Metal Exchange finished higher on Tuesday July 24, finding support from a weaker dollar index and easing tensions related to the trade spat between the United States and China....Read More
Norilsk Nickel plans to continue its legal action against the government of Botswana after a ruling that it cannot take the case to the London Court of International Arbitration...Read More
The latest metal markets news and price moves to start the North American day on Tuesday July 24....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday July 24.Base metals prices on the Shanghai Futures Exchange were split into two camps during morning trading on Tuesday, with nickel, zinc and tin weakening, while the rest ticked higher - led by a 0.7% increase in copper.Check Metal Bulletin's live futures report here. UC Rusal's shar...Read More
China has launched an anti-dumping investigation into imports of stainless steel billet and slab, as well as stainless hot-rolled plate and coil produced in the European Union, Japan, South Korea and Indonesia, according to a notice by the country's Ministry of Commerce on Monday July 23. The period being investigated is the whole of 2017 while timeframe being probed to determine industrial damage...Read More
Base metals on the London Metal Exchange finished higher on Tuesday July 24, finding support from a weaker dollar index and easing tensions related to the trade spat between the United States and China....Read More
Trading activity in the seaborne coking coal spot market appears to have thinned, while Chinese participants wonder whether a price floor has been reached. ...Read More
China's hot-rolled coil prices retreated on Tuesday July 24 after trading activity fell in the wake of increases a day earlier, sources said....Read More
The export price for CIS-origin steel billet softened on Tuesday July 24 amid a lack of buying activity in the major outlets, Metal Bulletin has heard....Read More
Outokumpu has blamed its weaker year-on-year financial results for the second quarter of 2018 on lower European base prices, higher input costs and increased freight rates in the US market. ...Read More
The secondary aluminium scrap market in the United States has continued to deteriorate due to swelling scrap supplies outpacing demand....Read More
INTL FCStone's Edward Meir has topped the base metals leader board in the Apex second-quarter 2018 contest, with an accuracy rating of 99.56%, while Commerzbank was top of the precious metals table with 99.19% accuracy....Read More
Noranda Income Fund said its main challenge currently is for its zinc processing facility to continue to operate profitably amid current low treatment charges. The Toronto, Canada-headquartered company said spot TCs averaged roughly $38 per tonne in 2017 and around $20-$25 per tonne in the first half of 2018, noting market tightness due to the closure of several large mines in recent years and str...Read More