The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More
The price for manganese flake has been rising since May this year because of the controls on the use of electricity during summer in several provinces in China, as well as production cuts at major manganese flake producers and strong demand from the steel industry, sources told Fastmarkets on Monday August 2.Fastmarkets' latest price assessment for manganese 99.7%, electrolytic manganese flake, fo...Read More
China's cobalt sulfate market softened on Friday July 30 with competitive offers from scrap-fed materials; some traders began to give aggressive offers to generate sales, sources told Fastmarkets.Lower offers for cobalt sulfate produced from scrap emerged and brought downward pressure on the market, which halted buying for sulfate produced from cobalt hydroxide (regular-fed material) while buyers...Read More
Key data from Fastmarkets' pricing session in China on Friday July 30.Key drivers Germanium prices in China moved up on Friday July 30 with downstream buyers accepting higher offers from producers. Producers were reluctant to sell the material and issued higher offers due to the high...Read More
While competition in the global steel markets remains fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in July 2021.The case list below includes only updates. For other continuing cases this year, see...Read More
Spot prices for rebar imports in Singapore fell further in the week to Monday August 2 on ample supply.At least two Indian rebar cargoes were offered by traders to Singapore, including one at $735-740 per tonne cfr Singapore and another one at $740-745 per tonne cfr Singapore, both on a theoretical weight basis.The first cargo had originally been bound for Hong Kong, but was later offered to Singa...Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally weaker this morning, Tuesday August 3, with LME copper and SHFE aluminium bucking the trend, but the drop in US ten-year treasury yield hints of a pick-up in haven buying.* Asian equities mainly lower this morning* Some disappointing manufacturing purchasing managers’ index (PMI) have raised conc...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade.Micron added $0.95 to $78.59 after announcing a $0.10 per share dividend paid quarterly.Take Two dropped $7.34 to $165.87 after the company offered guidance below consensus. Mosaic added $1.31 to US$31.23 after reporting higher than consensus second quarter earnings. Clorox dropped $17.20...Read More
(Recasts with updated prices) By Eric Onstad LONDON, Aug 2 (Reuters) - Copper prices slipped on Monday,weighed down by worries about demand after weak factory datafrom the United States and top metals consumer China. A weaker dollar, hopes for more stimulus in China andprospects for a strike in top producer Chile cushioned thelosses. Three-month copper on the London Metal Exchange wasdown 0.5% at...Read More
Here are five Fastmarkets stories you might have missed on Friday July 30 that are worth another look.A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.Nickel producer Talon Metals will collaborate with the United...Read More
Here are five Fastmarkets stories you might have missed on Friday July 30 that are worth another look.A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.Nickel producer Talon Metals will collaborate with the United...Read More
Here are five Fastmarkets stories you might have missed on Friday July 30 that are worth another look.A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.Nickel producer Talon Metals will collaborate with the United...Read More
Here are five Fastmarkets stories you might have missed on Friday July 30 that are worth another look.A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.Nickel producer Talon Metals will collaborate with the United...Read More
Here are five Fastmarkets stories you might have missed on Friday July 30 that are worth another look.A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.Nickel producer Talon Metals will collaborate with the United...Read More
Sudbury, a Vale SA mine in Canada where workers have been striking since June 1, has had "a very large impact" on the Brazilian miner's operations, the company's chief executive officer told analysts on July 29."Even if we quickly resolve the strike, we will still have many weeks until we normalize," CEO Eduardo De Salles Bartolomeo said, without directly answering a question on how long the strik...Read More
Precious metals mining company Sibanye-Stillwater is going to buy the Sandouville nickel hydrometallurgical processing facility from French mining group Eramet SA in a move to build on its strategy to diversify into the battery metals supply chain, the company said.The current Sandouville facilities, located in Normandy, France, include a hydrometallurgical nickel refinery with a capacity of 12,00...Read More
A summary of Glencore's production results for the first half year of 2021, released on Friday July 30.In brief The company's own sourced zinc production rose year on year, mainly due to recovery from Covid-related suspensions in the second quarter of 2020, particularly in Peru. Its own sourced nickel production was lower compared to the corresponding period in 2020 due to major planned maintenanc...Read More
Here are five Fastmarkets stories you might have missed on Friday July 30 that are worth another look.A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.Nickel producer Talon Metals will collaborate with the United...Read More
Here are five Fastmarkets stories you might have missed on Friday July 30 that are worth another look.A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.Nickel producer Talon Metals will collaborate with the United...Read More