Base Metal Stock Articles

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

January 12, 2021 / Staff reporter

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.Fastmarkets assessed...Read More

European manganese flake price jumps to 3-year high on tight supply, freight costs

January 12, 2021 / Staff reporter

Soaring freight rates and tightening availability for prompt material pushed European manganese flake prices to a three-year high in the week ended Friday January 8, with more increases expected this week, market sources have told Fastmarkets.Fastmarkets' price assessment for manganese, 99.7% electrolytic manganese flake, in-whs Rotterdam, jumped by 6.8% to $2,450-2,550 per tonne on Friday from th...Read More

ANTIMONY SNAPSHOT: Nearby tightness sends Europe prices to 21-month high

January 12, 2021 / Staff reporter

Key data from Fastmarkets' Friday January 8 pricing session in London.Key drivers- Antimony was trading at its highest price since April 2019, with tight raw material supply, limited container space and high freight costs continuing to bite, and rises also aided by a...Read More

CHINA SILICON SNAPSHOT: Export price down amid weak domestic market

January 12, 2021 / Staff reporter

Key data from Fastmarkets' pricing session in China on Friday January 8.Key drivers China's silicon exporters lowered their offers amid weakened domestic prices and after receiving limited overseas inquiries. Domestic prices for silicon grade 5-5-3 in China dropped...Read More

CHINA MANGANESE FLAKE SNAPSHOT: Export price jumps amid domestic market strength

January 12, 2021 / Staff reporter

Key data from the Friday January 8 pricing session in Shanghai. Key drivers Chinese manganese flake exporters raised their offers following gains in the domestic market, where prices rose to around 15,000 yuan ($2,316) per tonne from around 14,000 yuan per tonne before the New Year holiday (January 1-3). Market...Read More

MORNING VIEW: Base metals prices slip as rally runs into resistance, dollar firms

January 12, 2021 / Staff reporter

Base metals prices were for the most part weaker during morning trading on Monday January 11, while the dollar was firmer in line with strong US treasury yields. Asian-Pacific equities were mixed, while pre-market major western equity index futures were weakerBase metals Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, the exceptions were lead...Read More

Returning molybdenum buyers find tight nearby availability

January 12, 2021 / Staff reporter

Molybdic oxide and ferro-molybdenum prices gained ground in the week to Friday January 8 on a mixture of renewed trader buying interest and limited inventories. Fastmarkets' price assessment for ferro-molybdenum 65% Mo min, in-whs Rotterdam settled at $24.80-25.10 per kg on Friday, up from $24.50-25.10 per kg midweek. The price is up 7.5% since the end of 2020 when it stood at $22.90-23.50 pe...Read More

Seaborne manganese ore prices surge following alloy market

January 12, 2021 / Staff reporter

The seaborne prices of both low- and high-grade manganese ore rose sharply in the week ended Friday January 8 after miners successfully raised their offer prices for February shipments with strong buying appetite from the alloy sector. Fastmarkets' manganese ore index 37% Mn, cif Tianjin soared by 41 cents (10%) week on week to $4.53 per dry metric tonne unit (dmtu) on Friday from $4.12 per d...Read More

Pullback in LME base metals runs into dip-buying

12 January 2021 / Staff reporter

After further weakness in the base metals on Monday January 11, that saw the complex close down by an average of 1.5%, prices were up across the board on the London Metal Exchange this morning. But those on the Shanghai Futures Exchange were down while they followed yesterday’s performance on the LME.* Asian-Pacific equities were mixed this morning* Gold prices were rebounding this morning, a...Read More

Tech Talk for Tuesday January 12th 2021

12/01/2021 / Staff reporter

AbbVie (ABBV), an S&P 100 stock moved above $67.00 to an all-time high extending a long term uptrend.Xcel Energy (XEL), a NASDAQ 100 stock moved below $63.91 extending an intermediate downtrend. General Motors (GM), an S&P 100 stock moved above $46.71 extending an intermediate uptrend. O'Reilly Automotive (ORLY), a NASDAQ 100 stock moved above $487.95 to an all-time high extending an inter...Read More

IN CASE YOU MISSED IT: 5 key stories from January 8

January 11, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More

IN CASE YOU MISSED IT: 5 key stories from January 8

January 11, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More

IN CASE YOU MISSED IT: 5 key stories from January 8

January 11, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More

IN CASE YOU MISSED IT: 5 key stories from January 8

January 11, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More

IN CASE YOU MISSED IT: 5 key stories from January 8

January 11, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More

IN CASE YOU MISSED IT: 5 key stories from January 8

January 11, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More

Base metals prices slip as rally runs into resistance, dollar firms

11 January 2021 / Staff reporter

Base metals prices were for the most part weaker during morning trading on Monday January 11, while the dollar was firmer in line with strong US treasury yields.Asian-Pacific equities were mixed, while pre-market major western equity index futures were weakerBase metalsThree-month base metals prices on the London Metal Exchange were for the most part weaker this morning, the exceptions were lead (...Read More

Tech Talk for Monday January 11th 2021

11/01/2021 / Staff reporter

Biogen (BIIB), a NASDAQ 100 stock moved above $254.00 and $254.41 completing a base building pattern.Lockheed Martin (LMT), an S&P 100 stock moved below $334.78 setting an intermediate downtrend.  Pre-opening Comments for Monday January 11thU.S. equity index futures were lower this morning. S&P 500 futures were down 27 points in pre-opening trade. The U.S. Dollar moved higher in overn...Read More

ALUMINIUM FOUNDRY WRAP: Premiums climb in US, Germany

January 09, 2021 / Staff reporter

Aluminium primary foundry alloy (PFA) premiums in the United States and Germany climbed on Friday January 8 as demand outpaced limited supply in those countries. United StatesFastmarkets assessed the aluminium primary foundry alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US at 8.5-10 cents per lb on Friday, up by 19.4% from 7-8.5 cents per lb last month.The premium is at its hi...Read More

NEW ENERGY MATERIALS MARKET REPORT 08/01: Strong rally in cobalt metal on Chinese, inter-trade buying

January 09, 2021 / Staff reporter

An overview of the new energy raw materials markets and their latest price moves in the past week.Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok