Largest sell-off since October...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
Hard hit by broad-based risk aversion ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points in pre-opening trade.Index futures were virtually unchanged following release of December Durable Goods Orders at 8:30 AM EST. Consensus was an increase of 0.3% versus a revised drop of 3.1% in November. Actual was an increase of 2.4%. Excluding Transportation Orders, consensus for December Durable Goods Orde...Read More
* Nickel slides to 6-1/2 month low * Copper drops for nine consecutive sessions (Updates with closing prices) By Eric Onstad LONDON, Jan 27 (Reuters) - Copper fell for a ninthconsecutive session on Monday, the longest losing streak in sixyears, as investors worried that a spreading coronavirusoutbreak in China would hit demand in the world's biggest metalsconsumer. Copper tumbled to its weakest in...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 24 that are worth another look.Chinese steelmaker Hebei Jingye Group has moved a step closer to acquiring British Steel following an agreement made with the trade unions that could result in 500 job losses.Copper scrap buyers in the United States are concerned that an increase in US exports to China could pressure di...Read More
Chinese steelmaker Hebei Jingye Group has moved a step closer to acquiring British Steel following an agreement made with the trade unions that could result in 500 job losses.The proposals from Jingye on terms of employment now need to be agreed by British Steel staff following the negotiations by the various trade unions.Other outstanding hurdles to the deal include Jingye reaching an agreement.....Read More
A summary of Anglo American's production results for iron ore in the fourth quarter and full-year 2019, as well as production guidance for 2020, following the company's report released on Thursday January 23. The South African Kumba unit increased production on both comparisons due to the Sishen mine improving operational performance and the Kolomela mine - both mines are part of the Kumba un...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 24 that are worth another look.Chinese steelmaker Hebei Jingye Group has moved a step closer to acquiring British Steel following an agreement made with the trade unions that could result in 500 job losses.Copper scrap buyers in the United States are concerned that an increase in US exports to China could pressure di...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 24 that are worth another look.Chinese steelmaker Hebei Jingye Group has moved a step closer to acquiring British Steel following an agreement made with the trade unions that could result in 500 job losses.Copper scrap buyers in the United States are concerned that an increase in US exports to China could pressure di...Read More
U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 48 points in pre-opening trade. Index futures responded to intensified worries that the coronavirus will spread.Gold responded to coronavirus fears by gaining $9.80 to $1,581.70 per ounceCrude oil responded to coronavirus fears by dropping $1.48 to $52.71 per barrel.DR Horton slipped $0.48 to $58.02 despite re...Read More
Chinese steelmaker Hebei Jingye Group has moved a step closer to acquiring British Steel following an agreement made with the trade unions that could result in 500 job losses.The proposals from Jingye on terms of employment now need to be agreed by British Steel staff following the negotiations by the various trade unions.Other outstanding hurdles to the deal include Jingye reaching an agreement.....Read More
A summary of Anglo American's production results for iron ore in the fourth quarter and full-year 2019, as well as production guidance for 2020, following the company's report released on Thursday January 23. The South African Kumba unit increased production on both comparisons due to the Sishen mine improving operational performance and the Kolomela mine - both mines are part of the Kumba un...Read More
Hebei Iron and Steel Group (HBIS), also known as Hesteel Group, has secured a yuan-denominated contract to buy iron ore from Vale, China's second-biggest steelmaker said this week.The contract was signed on Monday January 20 according to an announcement on the HBIS website on Thursday, and is worth around 200 million yuan ($29 million).The...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products.Latest transaction: rebarRebarEast China, domestic, grade III 16-25mm...Read More
The three-month price of nickel on the London Metal Exchange was lower at the close of trading on Friday January 24, losing more than 3% and sinking below nearby support to close at its lowest level in six months, while tin futures also struggled over the afternoon.Nickel's outright price on the LME settled at $12,950 per tonne on Friday afternoon, losing more than 9% since starting the week when...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
A summary of Buenaventura's lead, zinc and copper production and sales volumes for the fourth quarter and full-year 2019, following the company's report released on Friday January 24. The Peruvian mining company missed its own full-year targets for zinc and copper production at most of its units, besides the Tambomayo mine in the southern Caylloma province of Peru. Lead output at the El Brocal min...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More