The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara...Read More
China's ferrous futures decreased during morning trading on Monday April 2, losing the gains made during last Friday night's trading session.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,366 ($536) per tonne, down 61 yuan per tonne May hot-rolled coil: 3,707 yuan per tonne, down 37 yuan per tonne Dalian Commodity Exchange May iron ore: 445 yuan per tonne, down...Read More
Comex copper prices traded at a one-week high Monday morning in the United States following a wave of positive Chinese manufacturing data. Copper for May settlement on the Comex division of the New York Mercantile Exchange gained 2.15 cents - or 0.7% - to $3.0470 per lb. China's Caixin manufacturing purchasing managers' index (PMI) for March came in at 51 on Monday, which was below an expecte...Read More
European antimony prices weakened further last week after material continued to flow into warehouses in Rotterdam while demand remained muted. The Chinese market followed suit with domestic prices there also coming under pressure from feeble demand.Metal Bulletin assessed the MMTA standard grade II antimony in-warehouse Rotterdam price at $8,500-8,660 per tonne on Wednesday March 28, down by 0.1%...Read More
30 Mar 2018China Moly today's Margin Long Amount is 30,664 (x10000) yuan, Short Selling Volume is 27 (x10000) shares. Detail information is as followsMargin long Margin Long Margin Long Short Selling Short Selling Short close Balance Amount Close Balance Volume Volume Amount Amount Volume ----------- ----------- ----------- ------------- ------------- ------------- 29...Read More
30 Mar 2018Jinduicheng today's Margin Long Amount is 648 (x10000) yuan, Short Selling Volume is 0.00 (x10000) shares. Detail information is as followsMargin long Margin Long Margin Long Short Selling Short Selling Short close Balance Amount Close Balance Volume Volume Amount Amount Volume ----------- ----------- ----------- ------------- ------------- ------------- 49...Read More
MUMBAI, March 31 (Reuters) - Vedanta Ltd , theIndian unit of diversified mining group Vedanta Resources plc , said on Saturday it had won in an auction to acquirebankrupt Electrosteel Steels Ltd . The transaction, financial details of which were notdisclosed, is part of India's new bankruptcy law, which is aimedat cutting close to $150 billion of accumulated soured loans bypushing loan defaulter f...Read More
Mar 31(Reuters) - Saturday's Prices in rupees per tonne at the Bombay Metal Exchange: Saturday's Previous Copper Wire Bars (HCL*) 416,000 418,000 Aluminium Ingot 140,000 138,000 Zinc Slab 206,000 206,000 Lead Ingot 154,000 154,000 Tin Slab 1,370,000 1,370,000 Nickel Cathode 640,000 625,000 SCRAPCopper Cable 388,00...Read More
(Corrects paragraphs 12-13 to remove incorrect name ofdefendant's wife, who was not identified in court papers) By Jonathan Stempel and Brendan Pierson NEW YORK, March 30 (Reuters) - A research scientist atMassachusetts Institute of Technology was sentenced on Friday to15 months in prison after admitting to insider trading on amining company merger that his wife, a corporate lawyer, hadbeen workin...Read More
(Corrects paragraphs 11-12 to remove incorrect name ofdefendant's wife, who was not identified in court papers) By Jonathan Stempel and Brendan Pierson NEW YORK, March 30 (Reuters) - A research scientist atMassachusetts Institute of Technology was sentenced on Friday to15 months in prison after admitting to insider trading on amining company merger that his wife, a corporate lawyer, hadbeen workin...Read More
The latest news and price moves to start the Asian day on Friday March 30.Base metals prices on the London Metal Exchange were split into two camps at the close on Thursday March 29, with the market shutting down for a long Easter weekend. Read more here in our live futures report.Here are how LME prices looked at Thursday's close:The European secondary aluminium market is said to be in a sta...Read More
Metal-concentrates exchange Open Mineral has hired a new head of China to set up its office in Shanghai, tapping into one of the world's most significant metals concentrates markets, Metal Bulletin has learned. Wen Wang, former head of China for Cliveden and MRI, has joined the trading platform to oversee the region's business, the company's chief executive officer Boris Eykher told Metal Bulletin...Read More
The latest news and price moves to start the Asian day on Friday March 30.Base metals prices on the London Metal Exchange were split into two camps at the close on Thursday March 29, with the market shutting down for a long Easter weekend. Read more here in our live futures report.Here are how LME prices looked at Thursday's close:The European secondary aluminium market is said to be in a sta...Read More
Deliverable lead stocks at Shanghai Futures Exchange-bonded warehouses decreased by 3,302 tonnes or 12.5% in the week ended Friday March 30. Inventories of the other base metals, with the exception of aluminium, were similarly lower. The fall in lead stocks follows a 7,517-tonne or 22.2% decline to 26,343 tonnes last week. This week, Zhongchu Wuxi in Jiangsu saw the most lead leaving its sheds wit...Read More
Aluminium prices on the Shanghai Futures Exchange were weaker during Asian morning trading on Friday March 30, tracking the decline seen on the London Metal Exchange on Thursday.The most-traded May aluminium contract declined to 13,705 yuan ($2,178) per tonne as of 10.16am Shanghai time, down by 0.8% or 115 yuan per tonne from Thursday's close.Overnight weakness in the LME's three-month aluminium...Read More
Zinc and lead concentrate treatment charges (TCs) rose in March, reflecting expectations of better supply and fewer smelter shorts in the market.Concluded deals were few and far between, with much of the market waiting for annual contract reference prices to settle before delving into the spot market.Both zinc and lead concentrate markets are in the process of turning away from super-tight conditi...Read More
Zinc and lead concentrate treatment charges (TCs) rose in March, reflecting expectations of better supply and fewer smelter shorts in the market.Concluded deals were few and far between, with much of the market waiting for annual contract reference prices to settle before delving into the spot market.Both zinc and lead concentrate markets are in the process of turning away from super-tight conditi...Read More
Copper concentrate treatment and refining charges (TC/RCs), ticked lower at the end of March, with traders continuing to bid lower for spot material and smelters re-adjusting bids to the downside.The Metal Bulletin copper concentrates TC/RC index stood at $66 per tonne/6.6 cents per lb on Thursday March 29, down from $68.6/6.86 cents a fortnight ago.Copper concentrate TC/RCs, discounts on exchange...Read More
Metal-concentrates exchange Open Mineral has hired a new head of China to set up its office in Shanghai, tapping into one of the world's most significant metals concentrates markets, Metal Bulletin has learned. Wen Wang, former head of China for Cliveden and MRI, has joined the trading platform to oversee the region's business, the company's chief executive officer Boris Eykher told Metal Bulletin...Read More
An overview of China's minor metals markets in the week of March 26-30 and the reasons for any price moves.Read More