The London Metal Exchange's nearby aluminium spread swung to a contango on the afternoon on Monday July 23 from a backwardation of $55 per tonne earlier. ...Read More
Canada-headquartered lithium producer Desert Lion Energy has confirmed that it made its first shipment of lepidolite concentrate from its nameplate operation in Namibia on May 1 this year....Read More
Chinese domestic ferro-chrome prices softened for the third consecutive week after supply outstripped spot demand, while globally liquidity was light due to holidays and an ongoing standoff in the imported charge chrome and UG2 markets. ...Read More
The commodities most affected so far by the trade spat between China and the United states are soybeans, steel and aluminium - but what if the list were extended in China to cover copper, namely concentrates and scrap?...Read More
Spot cobalt prices fell again last week amid continued pressure from summer destocking....Read More
Turkish steel mills have continued to book deep-sea scrap for August deliveries but with little change in prices, sources said on Monday July 23....Read More
The commodities most affected so far by the trade spat between China and the United states are soybeans, steel and aluminium - but what if the list were extended in China to cover copper, namely concentrates and scrap?...Read More
The price of Turkish domestic auto bundle scrap has been steady over the past week while the price of ship scrap has risen slightly because of improved demand from a steel mill in the Izmir region, sources said on Monday July 23....Read More
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Monday July 23. Gains were ranged between 0.1% for aluminium and 1.2% for zinc, with copper up by 0.3% at $6,172 per tonne.Volume has been above average with 10,555 lots traded across the complex as at 7.49am London time. This follows a strong performance by the LME base met...Read More
Canada-headquartered lithium producer Desert Lion Energy has confirmed that it made its first shipment of lepidolite concentrate from its nameplate operation in Namibia on May 1 this year....Read More
Spot cobalt prices fell again last week amid continued pressure from summer destocking....Read More
The export markets for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States have gone down over the past seven days because buyers have not accepted higher offers for August-rolled products from Russian suppliers....Read More
Turkish producers of hot-dipped galvanized coil (HDG) have signed deals for exports to Europe and the United States recently, and demand is expected to increase, they told Metal Bulletin on Monday July 23....Read More
China's hot-rolled coil prices rebounded on Monday July 23 with buyers returning to the market for materials after the weekend, sources said....Read More
Ferrous scrap exports from Russia's Far East region will be subject to restrictions for a six-month period that began on Saturday July 21. This will squeeze suppliers between a reduced number of available ports to sell into but does not guarantee a rise in domestic demand, according to Metal Bulletin Research (MBR)....Read More
CIS export prices for rebar and wire rod slipped this week amid lower offers, following reduced buying activity and falling long steel prices in the Turkish export market....Read More
Singapore rebar import prices narrowed upward in the past week on stronger demand, with at least two deals done in the island's spot market....Read More
Turkish steel mills have continued to book deep-sea scrap for August deliveries but with little change in prices, sources said on Monday July 23....Read More
The price of Turkish domestic auto bundle scrap has been steady over the past week while the price of ship scrap has risen slightly because of improved demand from a steel mill in the Izmir region, sources said on Monday July 23....Read More
Iron ore prices strengthened on Monday July 23 amid gains in China's futures and steel markets....Read More