Comex copper prices sank for the third consecutive session on Friday August 31 morning in the US, with ongoing fears of an escalating trade war and a stronger dollar applying pressure to the complex once again....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More
Base prices for flat and long stainless steel products in Europe were unchanged in the week ended Friday August 31 despite the fact that alloy surcharges were likely to go down in September....Read More
The US secondary aluminium alloy market's benchmark A380.1 price has fallen to its lowest point since September 2017, but alloy producers have continued to resist pressure to discount offers, capitalizing on record-wide spreads between aluminium scrap and alloy prices....Read More
The London Metal Exchange three-month nickel price closed trading nearly 4% lower on Friday August 31, with the complex under pressure from the stronger dollar....Read More
The Shanghai Futures Exchange has received the greenlight to start trading the long-awaited copper options on September 21, the China Securities Regulatory Commission (CSRC) said on Friday August 31....Read More
Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week....Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Comex copper prices sank for the third consecutive session on Friday August 31 morning in the US, with ongoing fears of an escalating trade war and a stronger dollar applying pressure to the complex once again....Read More
Srinivasan Venkatakrishnan was to take up his duties as the new chief executive officer of Vedanta Resources on Friday August 31, replacing interim CEO Kuldip Kaura, according to a company statement issued on the same date....Read More
The latest news and price moves to start the North American day on Friday August 31. ...Read More
CIS export billet prices inched down on Friday August 31 due to little activity in the market, according to market sources....Read More
Domestic prices for rebar in Poland have been stable over the week, while the mills are aiming at higher prices, sources told Metal Bulletin....Read More
Italian steel trade unions have announced company-wide strike action at troubled Italian steelmaker Ilva, to take place on Tuesday September 11, four unions said in a joint statement on Friday August 31.The statement was co-signed by Fim-Cisl, Fiom-Cgil, Uilm and Usb.The decision to strike comes amid continued uncertainty over the future of the flat steel producer, after Luigi Di Maio, Italy's min...Read More
Turkish import and export prices for steel billet have hit rock bottom but were expected to recover with the latest uptick in imported scrap values, sources said on Friday August 31....Read More
Metal Bulletin's Turkey domestic rebar and Turkey domestic wire rod price assessments, which have been changed from $ per tonne to Turkish lira per tonne, will include 18% VAT. Following from the previous pricing notice, the Turkish domestic market trades rebar and wire rod in Turkish lira and with 18% VAT included, therefore; Metal Bulletin's price assessments for these products will also include...Read More
The rebounds in the base metals have paused in recent days; we wait to see if the better-than-expected Chinese official manufacturing purchasing managers’ index (PMI) acts as a boost as we approach September and the end of the summer slowdown. The PMI edged up to 51.3 in August from 51.2 in July, but it also came in better than the 51.0 that was expected. Three-month base metals prices on the...Read More
Key data from the pricing session in the week ending Friday August 31. ...Read More
The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday August 31:...Read More
Metal Bulletin's lithium market reporter, Martim Facada, and price development manager, Jon Mulcahy, explain the indicators that allowed for the transition from an assessment-based pricing mechanism to an index, for the Chinese domestic lithium carbonate market.Metal Bulletin Group has developed a clear and rigorous price discovery process throughout its history of more than 100 years. This price...Read More