The Chinese ferro-silicon market was steady in the week to Friday August 31, with sufficient spot buying interest to support prices ahead of expected tenders issued by steel mills; while a lack of buying interest in Europe so far this quarter has seen suppliers cut their offers to encourage buying interest. ...Read More
Zijin Mining will take a 63% stake in Serbia's RTB Bor copper mining and smelting complex and will commit $1.46 billion over the next six years to expand its capacity, the company said on Sunday September 2. ...Read More
Copper concentrate treatment and refining charges (TC/RCs) firmed marginally at the end of August, with the market more assured of near-term supply following wage agreements made at the Escondida mine. ...Read More
Terms for blister copper refining charges (RCs) in China dropped further in August amid rising demand from new smelters and a drop in shipments of copper scrap from the United States. ...Read More
Spot prices for high-grade cobalt rose for the first time in 19 weeks on Friday August 31, with sellers successfully hiking their offers in response to an uptick in consumer demand, alongside a more positive backdrop from China. ...Read More
The Chinese ferro-silicon market was steady in the week to Friday August 31, with sufficient spot buying interest to support prices ahead of expected tenders issued by steel mills; while a lack of buying interest in Europe so far this quarter has seen suppliers cut their offers to encourage buying interest. ...Read More
Turkish steel mills booked more deep-sea scrap over the past weekend, with prices going up slightly, sources told Metal Bulletin on Monday September 3....Read More
Turkish domestic scrap prices continued to rise over the past week, sources said on Monday September 3, mostly due to the weakening lira and falling demand for imported scrap....Read More
The fledgling rebounds in the base metals seen in the second half of August have stalled and in the case of nickel have been reversed with prices setting fresh lows this morning, Monday September 3.China's Caixin manufacturing purchasing managers' index (PMI) disappointed with a drop to 50.6 for August, after a 50.8 reading in July, although Japan's final manufacturing PMI came in at 52.5, after 5...Read More
Spot prices for high-grade cobalt rose for the first time in 19 weeks on Friday August 31, with sellers successfully hiking their offers in response to an uptick in consumer demand, alongside a more positive backdrop from China. ...Read More
The export market for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States has weakened further on low levels of demand that have not improved after a wave of trade protection measures in August....Read More
As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in August 2018....Read More
China's steelmaking raw materials futures, particularly those for coking coal and coke, retreated on Monday September 3 though physical prices remain supported. ...Read More
A consortium including Indian steelmaker JSW Steel has completed the acquisition of debt-ridden compatriot steelmaker Monnet Ispat Steel, JSW chief executive officer Sajjan Jindal said late last week....Read More
As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in August 2018....Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. ...Read More
Turkish steel mills booked more deep-sea scrap over the past weekend, with prices going up slightly, sources told Metal Bulletin on Monday September 3....Read More
Turkish domestic scrap prices continued to rise over the past week, sources said on Monday September 3, mostly due to the weakening lira and falling demand for imported scrap....Read More
Seaborne iron ore trading stayed muted on Monday September 3 with participants waiting for more clarity on production restrictions in China's steelmaking hub of Tangshan....Read More
Exporters of slab from the Commonwealth of Independent States (CIS) have cut their prices to conclude sales of material to Europe and Southeast Asia, Metal Bulletin has heard....Read More