Ferroglobe Plc plans to reduce silicon metal and alloy production by extending or bringing forward several planned outages during the fourth quarter, the company announced on Friday October 4. The leading global silicon metal producer, which faces falling silicon prices, did not specify the tonnages involved in the latest cuts, which include: In France, three silicon furnaces will be idled on...Read More
Key data from the pricing session in London on Friday October 4. Key drivers European grade 5-5-3 silicon price fell after one truckload of material was purchased at around ?,?1,480 ($1,626) per tonne, bringing the low end of the range down to that level. Grade 4-4-1 silicon...Read More
Key data from the October 4 pricing session in London. Key drivers: Cobalt prices make small gains; activity slows but sellers hold out for, or slightly increase, previous offer levels. Market consolidating gains made over August and September in the aftermath of Glencore announcing it will close its Mutanda mine at the end of the year....Read More
Chinese cobalt producer GEM Co Ltd has signed a cobalt supply contract with Switzerland-based miner-trader Glencore, locking in cobalt hydroxide supply for the next five years, the companies announced on October 7. Glencore will supply GEM, including four of its wholly-owned subsidiaries, with at least 61,200 tonnes of cobalt hydroxide between 2020 and 2024. According to the agreement, GEM will pu...Read More
All...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.Subscr...Read More
Still under pressure Risk appetite has...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...Read More
Aluminium LME aluminium found follow-through buying pressure on...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.Plu...Read More
Copper prices undermined by a large...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
Resistance above $2,100 per tonne...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...Read More
Following the publication of our monthly Stainless Steels...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...Read More
Fragile rebound since September 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
Key mine developments Following the recent...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 issu...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 lower this morning. S&P 500 futures were down 18 points in pre-opening trade. U.S./China trade negotiation concerns continue to escalate.Index futures were virtually unchanged following release of the September Producer Price Index at 8:30 AM EDT. Consensus was an increase of 0.1% versus a gain of 0.1% in August. Actual was a drop of 0.3%. Excluding food and ener...Read More
Here are five Fastmarkets MB stories you might have missed on Friday October 4 that are worth another look.Flat steel import prices were caught once again in the continuous global downtrend during the past week, as market participants await for Chinese offers to resume after the Golden Week and material from other origins was sold at lower levels.It has been a hectic couple of years for LME c...Read More
Here are five Fastmarkets MB stories you might have missed on Friday October 4 that are worth another look.Flat steel import prices were caught once again in the continuous global downtrend during the past week, as market participants await for Chinese offers to resume after the Golden Week and material from other origins was sold at lower levels.It has been a hectic couple of years for LME c...Read More
Billet price declines have slowed while several new deals were heard in global markets, but sources wondered where the Chinese market would move following the National Day holiday, celebrated October 1-7, Fastmarkets was told in the week ended Friday October 4. Southeast Asia China's markets were closed for the week-long National Day holiday and will resume trading on Tuesday October 8. An increas...Read More
Billet price declines have slowed while several new deals were heard in global markets, but sources wondered where the Chinese market would move following the National Day holiday, celebrated October 1-7, Fastmarkets was told in the week ended Friday October 4. Southeast Asia China's markets were closed for the week-long National Day holiday and will resume trading on Tuesday October 8. An increas...Read More
Here are five Fastmarkets MB stories you might have missed on Friday October 4 that are worth another look.Flat steel import prices were caught once again in the continuous global downtrend during the past week, as market participants await for Chinese offers to resume after the Golden Week and material from other origins was sold at lower levels.It has been a hectic couple of years for LME c...Read More