Base Metal Stock Articles

China's NPI market remains bullish; FeNi discount narrows

June 29, 2021 / Staff reporter

The domestic nickel pig iron (NPI) price rose in the week to Friday June 25 in an active spot market while the ferro-nickel price also went up due to a bullish stainless steel outlook, sources told Fastmarkets.Fastmarkets assessed the price of nickel pig iron, high-grade NPI content 10-15%, spot, ddp China at 1,200-1,210 yuan ($185.50-187.10) per nickel unit on Friday, up by 15-25 yuan (1.7%)...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

Base metals start week mainly on a back foot

28 June 2021 / Staff reporter

Base metals prices on the London Metal Exchange were weaker on the morning of Monday June 28, while those on the Shanghai Futures Exchange were more mixed.The spread of the Delta variant of Covid-19 across parts of Southeast Asia, Australia and South Africa is causing concern about a 4th wave.Base metalsLME three-month base metals prices, with the exception of tin that was untraded, were down acro...Read More

Tech Talk for Monday June 28th 2021

28/06/2021 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were up 2 points in pre-opening trade. General Motors added $0.05 to $60.35 after Honda announced plans to manufacture its first two fully electric vehicles in North America on General Motor's platform.Boeing (BA $248.38) is expected to open lower after the FAA raised safety concerns over the new Boeing 777x aircraft. Certifica...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 28, 2021 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 25/06: Tight chromium supply drives up prices

June 26, 2021 / Staff reporter

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Fleur Ritzema, Cristina Belda...Read More

GLOBAL MANGANESE SNAPSHOT: Overseas price strength, low stocks stoke US alloy trading activity

June 26, 2021 / Staff reporter

Key data from Fastmarkets' pricing sessions in China, the United States and Europe on Friday June 25. United States Trading activity increased for the manganese alloy markets. Strength in the overseas markets and low stock levels in the US continue to support price strength. Market participants expect prices to continue to trend upward given the current supply situation and the cost...Read More

NEW ENERGY MATERIALS MARKET REPORT 25/06: Cobalt sulfate, metal prices up; payable unchanged

June 26, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and...Read More

NEW ENERGY MATERIALS MARKET REPORT 25/06: Cobalt sulfate, metal prices up; payable unchanged

June 26, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and...Read More

Russia sets export duties on 340 metal products

June 26, 2021 / Staff reporter

The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to control inflation of metal prices domestically, are expected to raise approximately 160 million rubles ($2.2...Read More

On-warrant LME stocks at 15-month low send bullish signals for aluminium market

June 26, 2021 / Staff reporter

Aluminium stock levels on the London Metal Exchange have been steadily declining in 2021 to date and on-warrant stock levels now sit at their lowest since March 2020. After a number of cancellations and deliveries out this week, only 941,875 tonnes of aluminium are listed as on warrant - with the rest canceled and booked for delivery out. By comparison, on-warrant stocks were at well over 1.3 mill...Read More

NEW ENERGY MATERIALS MARKET REPORT 25/06: Cobalt sulfate, metal prices up; payable unchanged

June 26, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 25/06: Tight chromium supply drives up prices

June 26, 2021 / Staff reporter

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Fleur Ritzema, Cristina Belda...Read More

COPPER CONCS SNAPSHOT: TC/RCs at four-month high; CSPT sets $55/t floor

June 26, 2021 / Staff reporter

Spot copper concentrate processing charges have surged to a four month-high for the week ending Friday June 25. Fastmarkets' copper concentrate treatment charge and refining charge (TC/RC) index is now at its highest since February 12. The spot index continued to rise this week after smelters...Read More

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