Base Metal Stock Articles

EGYPT STEEL BILLET, REBAR: Billet import prices down in slow summer market

July 19, 2018 / Serife Durmus

Steel billet import prices fell this week in Egypt with new deals heard in the market, but domestic rebar prices have remained unchanged, sources told Metal Bulletin on Thursday July 19....Read More

TURKEY LONG STEEL: Prices up amid stronger lira, weaker demand

July 19, 2018 / Cem Turken

Turkish domestic rebar and wire rod prices have increased on a US-dollar basis due to a strengthening of the lira, although demand was still weak, sources said on Thursday July 19....Read More

DAILY SCRAP REPORT: Market quiet after buying spree on Wednesday

July 19, 2018 / Cem Turken

Turkish steel mills skipped Thursday July 19, with no deep-sea scrap bookings reported after the buying spree on Wednesday, when three cargoes totaling around 115,000 tonnes were booked....Read More

IRON ORE DAILY: Prices rise amid Chinese steel gains

July 19, 2018 / July Zhang

Physical iron ore prices strengthened on Thursday July 19 amid gains in China's steel market....Read More

China AM: Coking coal, coke contract lead upward trend

July 19, 2018 / Fiona Lam

China's ferrous futures trended upward during morning trading on Thursday July 19, with the coking coal and coke contracts ending the session particularly higher, though prices in the Chinese physical market showed a mixed trend....Read More

FOCUS: Steelmaking boom in Algeria likely to end billet imports

July 19, 2018 / Vlada Novokreshchenova

Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More

TURKEY STEEL BILLET: Prices fall on weak demand, lower scrap import costs

July 19, 2018 / Cem Turken

Steel billet prices in Turkey have continued to soften this week because of falling imported scrap prices and slow demand, sources said on Thursday July 19....Read More

CHINA REBAR: Domestic prices rise on billet, futures gains

July 19, 2018 / Jessica Zong

China's domestic rebar prices posted strong gains on Thursday July 19 amid strengthening billet and futures markets. ...Read More

East Asian stainless steel prices stable amid slow market

July 19, 2018 / Fiona Lam

Import prices for stainless steel in East Asia were largely unchanged over the past week with buyers continuing to hold back, although a few participants have a bearish outlook amid a softening nickel market and possible supply increases....Read More

China AM: Coking coal, coke contract lead upward trend

July 19, 2018 / Fiona Lam

China's ferrous futures trended upward during morning trading on Thursday July 19, with the coking coal and coke contracts ending the session particularly higher, though prices in the Chinese physical market showed a mixed trend....Read More

China's stainless steel prices up on improved demand

July 19, 2018 / Jessica Zong

Domestic stainless steel prices in China picked up some upward momentum over the past week on a slight improvement in demand. ...Read More

FOCUS: Steelmaking boom in Algeria likely to end billet imports

July 19, 2018 / Vlada Novokreshchenova

Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More

Japan steel demand to remain stable in July-September, ministry says

July 19, 2018 / Paul Lim

Japan's ministry of economy, trade and industry expects total steel demand in the July-September quarter of this year to reach 23.75 million tonnes, up by a mere 0.7% year-on-year, it said in a press release last week....Read More

FOCUS: Steelmaking boom in Algeria likely to end billet imports

July 19, 2018 / Vlada Novokreshchenova

Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More

FOCUS: Steelmaking boom in Algeria likely to end billet imports

July 19, 2018 / Vlada Novokreshchenova

Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More

LIVE FUTURES REPORT 19/07: Base metals crash amid dollar uptick

July 19, 2018 / Dalton Barker

Base metals prices finished in negative territory amid a stronger dollar on Thursday July 19, with no updates on the trade war front....Read More

DAILY SCRAP REPORT: Market quiet after buying spree on Wednesday

July 19, 2018 / Cem Turken

Turkish steel mills skipped Thursday July 19, with no deep-sea scrap bookings reported after the buying spree on Wednesday, when three cargoes totaling around 115,000 tonnes were booked....Read More

TURKEY STEEL BILLET: Prices fall on weak demand, lower scrap import costs

July 19, 2018 / Cem Turken

Steel billet prices in Turkey have continued to soften this week because of falling imported scrap prices and slow demand, sources said on Thursday July 19....Read More

EUROPEAN MORNING BRIEF 19/07: SHFE base metals recover; South32's Mn ore output up 10%; Alcoa reins in full-year outlook

July 19, 2018 / Anna Xu

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday July 19.Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Thursday, with a retreat in the dollar index reviving investors' appetite for the metals. The most-traded September copper contract on the SHFE rose to 48,860 yuan ($7,...Read More

FOCUS: Steelmaking boom in Algeria likely to end billet imports

July 19, 2018 / Vlada Novokreshchenova

Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More

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