US plate prices have rebounded by $0.50 per hundredweight ($10 per ton) after falling two weeks earlier, with mill price quotations edging higher due to tighter domestic supply, market participants told American Metal Market....Read More
CIS export slab prices continued to fall in the week ending Monday August 20, amid unfavorable market conditions in Turkey and across Europe. ...Read More
China's hot-rolled coil prices surged on Monday August 20, after production cuts led to a pick-up in domestic trading and fewer deals were heard in the export market, sources said....Read More
– SATURDAY, AUGUST 18, 2018, WITH YOUR HOST, MARK LEIBOVITWITH GUESTS: DON VIALOUX, HENRY WEINGARTEN, HARRY BOXER, JIM ROHRBACH AND SINCLAIR NOEhttps://tinyurl.com/yd7zmd3v The Bottom LineThe summer swoon in North American equity markets continued last week. Seasonal influences normally turn Negative from the third week in July to mid-October. More signs of a seasonal peak appeared last...Read More
Chinese vanadium export prices declined last week amid sluggish demand and lower prices outside the country, while European prices were marginally softer with the summer lull continuing to weigh on prices. ...Read More
Fob China ammonium paratungstate (APT) and ferro-tungsten prices continued their downward trend last week amid falling prices in China's domestic market and lackluster demand from the overseas market, while concentrate prices stabilized after six weeks of consecutive price drops. ...Read More
South Korean battery maker LG Chem has agreed an offtake deal with a major Chinese lithium producer. Chinese lithium producer Ganfeng will provide 47,600 tonnes of lithium hydroxide to the South Korean battery maker over three years to the end of 2022, it said.The material will be supplied at an adjustable market price, Ganfeng said on Wednesday August 15.LG Chem, which is 30.1% owned by LG Corp,...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Monday August 20.Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Monday, with the complex finding support from an apparent easing in trade tensions between China and the United States.Check Metal Bulletin's live futures report here.The US...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More
More concerns over steelmaking restrictions in China boosted steel prices on Monday August 20 while demand for iron ore cooled....Read More
The seaborne premium hard coking coal market was quiet on Monday August 20, with Chinese buyers blaming adverse currency movements and port restrictions for their reluctance to procure imported materials. ...Read More
Trading activity in the seaborne iron ore concentrate market was robust last week, resulting in concentrates prices averaging above those for high-grade fines following previous weeks of discounts. ...Read More
The global steel and ferrous scrap markets have been turned upside down on a flurry of unexpected trade flows caused by a combination of economic jitters in Turkey, trade defences by the United States and production cuts in China....Read More
Fortescue Metals Group (FMG) has named the 60% Fe new product it plans to launch in the first half of 2019 West Pilbara fines....Read More
China's domestic rebar market rose sharply on Monday August 20 on higher rebar futures and gains in billet prices over the weekend. ...Read More
The effect of the recent crackdown on antimony smuggling at the China-Vietnam border was still being felt in Chinese and European markets last week, Metal Bulletin discovered. ...Read More
CIS export slab prices continued to fall in the week ending Monday August 20, amid unfavorable market conditions in Turkey and across Europe. ...Read More
CIS export slab prices continued to fall in the week ending Monday August 20, amid unfavorable market conditions in Turkey and across Europe. ...Read More
Make no mistake about it; this was a terrible week for those wishing to see gold prices move higher. In fact, gold prices lost almost 3% on the week - one of the most significant weekly drops in over a year. However, the last two trading days have provided an indication that gold pricing might, in fact, be finding some price support. Our technical studies have indicated that $1,178 is a critical p...Read More
(Kitco News) - I feel like I emerged from the trenches, bruised, battered but still resilient - gold and silver both took a hard fall this week. We were waiting for energy to enter the space again, but this was definitely more than anyone foresaw. Gold prices fell 2.5% this week, marking the biggest weekly fall in more than a year as prices hit 1.5-year lows. Silver also felt the pain, down 4% th...Read More