Key data from the pricing sessions in Asia and Europe for the week ended Friday July 12.ChinaKey drivers The price action of antimony MMTA standard-grade II, ddp China, stalled last week after many domestic suppliers refused to lower offer prices due to limited available stocks at plants. Some domestic antimony suppliers in Hunan province in central China were heard to have suspended their product...Read More
Prices for alloy-grade cobalt fell closer in line with those for standard-grade metal last week after sellers revised their expectations for premiums for certain brands and shapes to shift units. Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam, fell to $12.65-13.10 per lb, on Friday July 12, down by 3.6% from $13.05-13.65 per lb a week earlier. Over the same period, Fastm...Read More
Macro...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.Subs...Read More
Strong Chinese industrial production data 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 i...Read More
Aluminium LME aluminium started trading this week 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.Plus download...Read More
Tentative rebound Copper prices have attempted...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...Read More
Right to be favouring the...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&#...Read More
Jakarta talking about reinstating ore export ban There...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...Read More
Rebound likely to steepen The rebound...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
Prices attempting to form a base... 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
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 3 points in pre-opening trade. Index futures were virtually unchanged following release of June Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.5% in May. Actual was an increase of 0.4%. Excluding auto sales, consensus for June Retail Sales was an increase of 0.2% versus a gain of 0.5%...Read More
Here are five Fastmarkets MB stories you might have missed on Friday July 12 that are worth another look.The antimony standard-grade II price softened on Friday July 12, and while the price for indium rose slightly the metal remains under pressure due to slow demand. Aluminium foundry premiums in the United States and Europe have fallen over the past month, pressured lower by a lack of demand...Read More
The decline in the bellwether Turkish ferrous scrap market, along with sluggish long steel demand that led buyers to adopt a wait-and-see approach, applied downward pressure on billet prices in most regions in the week ended Friday July 12.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was $282.08 per tonne on July 12, down by $14.10 per tonne from...Read More
The decline in the bellwether Turkish ferrous scrap market, along with sluggish long steel demand that led buyers to adopt a wait-and-see approach, applied downward pressure on billet prices in most regions in the week ended Friday July 12.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was $282.08 per tonne on July 12, down by $14.10 per tonne from...Read More
Here are five Fastmarkets MB stories you might have missed on Friday July 12 that are worth another look.The antimony standard-grade II price softened on Friday July 12, and while the price for indium rose slightly the metal remains under pressure due to slow demand. Aluminium foundry premiums in the United States and Europe have fallen over the past month, pressured lower by a lack of demand...Read More
Here are five Fastmarkets MB stories you might have missed on Friday July 12 that are worth another look.The antimony standard-grade II price softened on Friday July 12, and while the price for indium rose slightly the metal remains under pressure due to slow demand. Aluminium foundry premiums in the United States and Europe have fallen over the past month, pressured lower by a lack of demand...Read More
China’s economic growth slowed to 6.2% in the second quarter of this year - in line with expectations and well within Beijing’s target of 6-6.5% growth for 2019 - but market participants continued to focus on the fact that this was the country’s lowest gross domestic product (GDP) growth in nearly three decades.The record low GDP growth comes as the world’s second-largest econo...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. China announced second quarter GDP. Rate of growth on a year-over-year basis dropped to 6.2%, lowest rate of growth in 22 years.Boeing dropped $4.25 to $361.08 after major U.S. airlines announced postponements for relaunch of their Boeing 737 Max aircraft. General Electric slipped $0.09 t...Read More