Base Metal Stock Articles

NEW ENERGY MATERIALS MARKET REPORT 01/04: Lithium prices broadly up on tight supply

April 06, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves from the past week.Sybil Pan and...Read More

Chilean copper production down 5% in February, Cochilco says

April 06, 2021 / Staff reporter

Chilean mined copper output reached 425,500 tonnes in February, down by 5.02% from 448,000 tonnes in the same month last year, amid significant drops reported by Escondida and Los Pelambres, data from national copper commission Cochilco showed.This was the eighth consecutive month in which Chile recorded a year-on-year drop in production. In January-February, the country produced 882,700 tonn...Read More

NEW ENERGY MATERIALS MARKET REPORT 01/04: Lithium prices broadly up on tight supply

April 06, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves from the past week.Sybil Pan and...Read More

IN CASE YOU MISSED IT: 5 key stories from April 5

April 06, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More

NEW ENERGY MATERIALS MARKET REPORT 01/04: Lithium prices broadly up on tight supply

April 06, 2021 / Staff reporter

An overview of the new energy materials markets and their price moves from the past week.Sybil Pan and...Read More

GLOBAL LITHIUM WRAP: Global markets generally firmer

April 06, 2021 / Staff reporter

Global lithium markets were generally firm in the week ended Thursday April 1, with domestic Chinese prices rising on fresh restocking by consumers after having been stable for a couple of weeks.Lithium prices in China rise on active restocking while supply remains tight Seaborne Asian lithium prices tick up on persisting tight availabilityEuropean and US prices post further gains on firm prices f...Read More

IN CASE YOU MISSED IT: 5 key stories from April 5

April 06, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More

FOCUS: HRC prices in Asia could rise beyond $1,000/t, stay at historic highs

April 06, 2021 / Staff reporter

Import prices for hot-rolled coil in Asia could exceed $1,000 per tonne in the coming months, key market sources in the region told Fastmarkets."Given the rate at which prices are increasing, I won't be surprised if prices exceed or rise close to $1,000 per tonne in the remaining months of the second quarter," a flat steel trader in Southeast Asia told Fastmarkets.East Asian cargoes could be the f...Read More

Singapore rebar import prices rebound on costlier raw materials

April 06, 2021 / Staff reporter

Prices for rebar imports into Singapore have risen following an increase in ferrous scrap prices in the week to Monday April 5.Rebounding ferrous scrap prices in key import market Turkey have caused sentiment to improve among Turkish mills, which have been actively seeking materials to feed downstream long steel demand from Asia.Prices have reached as high as $430 per tonne cfr Turkey for United S...Read More

IN CASE YOU MISSED IT: 5 key stories from April 5

April 06, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More

Brazilian iron ore exports up 34% in March

April 06, 2021 / Staff reporter

Brazilian iron ore exports grew 33.97% in March, compared with the corresponding month of 2020, according to data that the economy ministry published on Thursday April 1.The country exported 28.42 million tonnes of iron ore in March, up from 21.21 million tonnes the year before. Daily average exports also rose 28.14% to 1.24 million tonnes from 964,215 tonnes in the same comparisonExport revenues...Read More

IRON ORE DAILY: Market trading limited due to Chinese holiday

April 06, 2021 / Staff reporter

There was little liquidity in the iron ore market on Monday April 5, with markets in China closed for a public holiday.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $168.48 per tonne, up $0.88 per tonne62% Fe low-alumina fines, cfr Qingdao: $169.00 per tonne, up $0.48 per tonne58% Fe fines high-grade premium, cfr Qingdao: $152.34 per tonne, up...Read More

PRICING NOTICE: Proposal to amend cfr China steel billet price specifications

April 06, 2021 / Staff reporter

Fastmarkets is proposing amendments to the specifications of its weekly price assessment for steel billet, import, cfr China.Since the launch of the price on February 26, the market has been highly liquid, with Fastmarkets reporting 17 deals involving blast furnace (BF) 3sp billet sold into China.Of these, over 80% have been from the Association of Southeast Asian Nations (Asean) region produced b...Read More

PRICING NOTICE: Change in specifications for cfr Southeast Asia steel billet price assessment

April 06, 2021 / Staff reporter

Following extensive market engagement, Fastmarkets will change specifications of its daily price assessment for steel billet, import, cfr Southeast Asia from Monday April 12.Fastmarkets asked market participants if specifications of the MB-STE-0141-steel billet import, cfr Southeast Asia, $/tonne price assessment should be changed in its grade or location to better capture trade in the market.Feed...Read More

Brazilian iron ore exports up 34% in March

April 06, 2021 / Staff reporter

Brazilian iron ore exports grew 33.97% in March, compared with the corresponding month of 2020, according to data that the economy ministry published on Thursday April 1.The country exported 28.42 million tonnes of iron ore in March, up from 21.21 million tonnes the year before. Daily average exports also rose 28.14% to 1.24 million tonnes from 964,215 tonnes in the same comparisonExport revenues...Read More

IN CASE YOU MISSED IT: 5 key stories from April 5

April 06, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More

Chilean copper production down 5% in February, Cochilco says

April 06, 2021 / Staff reporter

Chilean mined copper output reached 425,500 tonnes in February, down by 5.02% from 448,000 tonnes in the same month last year, amid significant drops reported by Escondida and Los Pelambres, data from national copper commission Cochilco showed.This was the eighth consecutive month in which Chile recorded a year-on-year drop in production. In January-February, the country produced 882,700 tonn...Read More

Brazilian iron ore exports up 34% in March

April 06, 2021 / Staff reporter

Brazilian iron ore exports grew 33.97% in March, compared with the corresponding month of 2020, according to data that the economy ministry published on Thursday April 1.The country exported 28.42 million tonnes of iron ore in March, up from 21.21 million tonnes the year before. Daily average exports also rose 28.14% to 1.24 million tonnes from 964,215 tonnes in the same comparisonExport revenues...Read More

PRICING NOTICE: Proposal to amend cfr China steel billet price specifications

April 06, 2021 / Staff reporter

Fastmarkets is proposing amendments to the specifications of its weekly price assessment for steel billet, import, cfr China.Since the launch of the price on February 26, the market has been highly liquid, with Fastmarkets reporting 17 deals involving blast furnace (BF) 3sp billet sold into China.Of these, over 80% have been from the Association of Southeast Asian Nations (Asean) region produced b...Read More

IN CASE YOU MISSED IT: 5 key stories from April 5

April 06, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More

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