Prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia's Central Federal District around Moscow have increased this week with mills trying to keep their domestic market profitability high compared with export sales....Read More
Domestic prices for cold-rolled coil in the EU will remain stable until late August-beginning of September, when market will start to recover from seasonal market slowdown....Read More
EU domestic prices for hot-rolled coil (HRC) have been stable over the past week with market activity not yet recovered from the summer slowdown, sources told Metal Bulletin on Wednesday August 22....Read More
Italian long steel producer Acciaierie e Ferriere di Piombino (Aferpi) will restart the rail products rolling mill at its plant in Piombino in northern Italy on Friday August 24, according to local media reports....Read More
Prices for rebar produced and delivered in Southern Europe remained unchanged over the past week, amid continued low activity, sources told Metal Bulletin on Wednesday August 22....Read More
Domestic prices for steel beams in Europe were stable this week with many market participants still on holiday, sources told Metal Bulletin on Wednesday August 22....Read More
Turkish steel producers concluded a third day without trading due to the religious holiday of Eid al-Adha on Wednesday August 22, with some fearing that traders may not come back to the market until September....Read More
China's ferrous futures largely trended upward during morning trading on Wednesday August 22, with the coking coal and coke contracts gaining the most on percentage basis....Read More
China's domestic rebar prices were mixed on Wednesday August 22, with east China's prices staying flat while north China's prices remained on an upward path amid soft futures and billet prices. ...Read More
Prices for domestic hollow steel sections made in Europe remained unchanged this week while market participants' summer holidays continued, sources told Metal Bulletin on Wednesday August 22....Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Wednesday August 22, marked by significant gains in three-month zinc and tin prices while positive market sentiment about the US-China trade talks boosted the complex....Read More
Zinc premiums became firmer across Asia over the week ending Wednesday August 22, with an open import arbitrage to China sending Shanghai premiums to nine-month highs....Read More
Prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia's Central Federal District around Moscow have increased this week with mills trying to keep their domestic market profitability high compared with export sales....Read More
Prices for rebar produced and delivered in Southern Europe remained unchanged over the past week, amid continued low activity, sources told Metal Bulletin on Wednesday August 22....Read More
The latest metal markets news and price moves to start the North American day on Wednesday August 22....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Wednesday August 22.Base metals prices on the Shanghai Futures Exchange were mostly down during Asian morning trading on Wednesday August 22, after President Donald Trump's negative commentary on upcoming trade negotiations with China. Check Metal Bulletin's live futures report here. LME snaps...Read More
The depreciation of the South African rand since early August has sparked a debate in the chrome ore market over whether South African suppliers should be expected to cut offers prices into China. ...Read More
In the battle between macro and fundamental copper price drivers, copper bears hold the strongest of all trump cards - trade war. Copper's physical market is showing some of its most bullish signals in years, with premiums, scrap discounts and trade flows all indicating heightened demand over supply. Despite this, the London Metal Exchange three-month copper dropped sharply from a five-year high o...Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Wednesday August 22, marked by significant gains in three-month zinc and tin prices while positive market sentiment about the US-China trade talks boosted the complex....Read More
Base metals on the London Metal Exchange were predominantly higher during morning trading on Wednesday August 22, lifted by a continued downtrend in the US dollar while market optimism over resumed US-Sino trade talks has curbed selling. ...Read More