Prices for grade-316 stainless steel scrap in Europe and the UK have increased because of reduced availability, market sources told Metal Bulletin on Friday August 24....Read More
A week-long religious holiday in Turkey has kept that country out of the global scrap market for most of the past week, aside from a single deal heard on Friday August 24....Read More
A Turkish steel mill was rumored to have booked a scrap steel cargo in the deep-sea market on Friday August 24 but the reported details of the transaction were unclear, and this kept prices unchanged on the day....Read More
European stainless steel base prices have been assessed stable on Friday August 24, while alloy surcharges are set to decrease for September following announcements by some producers this week. ...Read More
Import prices for stainless steel in East Asia were little changed over the past week amid lackluster regional demand....Read More
Indian mills are likely to increase their prices for hot-rolled coil (HRC) for September sales following a weakening of the rupee against the US dollar, Metal Bulletin heard on Friday August 24....Read More
Prices for grade-316 stainless steel scrap in Europe and the UK have increased because of reduced availability, market sources told Metal Bulletin on Friday August 24....Read More
A week-long religious holiday in Turkey has kept that country out of the global scrap market for most of the past week, aside from a single deal heard on Friday August 24....Read More
Zinc prices on the London Metal Exchange appreciated more than 2.5% by the close of trading on Friday August 24, leading broad complex gains, while a weaker dollar and broad risk aversion in the market continue to unsettle commodity investment....Read More
The latest metal markets news and price moves to start the North American day on Friday August 24. ...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Friday August 24.Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Friday, with the complex largely ignoring a resurgence of US-Sino trade tensions.Check Metal Bulletin's live futures report here.Korea Resources Corp (Kores) has initia...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 24....Read More
Zinc prices on the London Metal Exchange appreciated more than 2.5% by the close of trading on Friday August 24, leading broad complex gains, while a weaker dollar and broad risk aversion in the market continue to unsettle commodity investment....Read More
Metal Bulletin has amended its formula for calculating the daily copper, aluminium, zinc and nickel arbitrage between the Chinese and global metals markets.As part of a separate consultation, Metal Bulletin proposed to discontinue the publication of single numbers for its base metals premiums and instead continue to publish low-high premium assessments. Following the consultation and feedback...Read More
Seaborne iron ore prices rose on Friday August 24 with the high grade Carajas fines traded higher and higher....Read More
Key data from the pricing session ending August 24....Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
The US Midwest aluminium premium has held steady this week, as many buyers are not in the market for either prime or scrap aluminium, and are waiting for contract negotiations to begin in earnest in the coming months. ...Read More
Metal Bulletin has amended its formula for calculating the daily copper, aluminium, zinc and nickel arbitrage between the Chinese and global metals markets.As part of a separate consultation, Metal Bulletin proposed to discontinue the publication of single numbers for its base metals premiums and instead continue to publish low-high premium assessments. Following the consultation and feedback...Read More
Metal Bulletin has today discontinued the publication of single numbers for base metals as of August 28, 2018.After a two month consultation period, Metal Bulletin has decided to stop assessing single-number base metals premiums after feedback from market participants and exchanges said that these numbers are not widely used by the industry, who prefer to use the low-high premium assessm...Read More