Import prices for steel billet in Southeast Asia fell on Thursday August 16 due to ample supply of Turkish products. ...Read More
Import prices for stainless steel in East Asia dipped slightly over the past week on mills' lower offers and weak regional demand....Read More
China's domestic stainless steel prices moved down over the past week on soft demand and losses in the nickel market. ...Read More
Eastern China's Jiangsu province is urging steel mills to upgrade in a move to build up advanced steel industry clusters along the Yangtze River and East China Sea, it said in a report released this month....Read More
Large volume inquiries for spot cobalt units returned in the first half of the week, leaving market participants to suggest prices are close to bottoming out after 15 consecutive weeks of declines. In addition to increased demand, buyers reported particular difficulty securing low-grade briquettes and broken cathodes in Rotterdam, pushing the market to a premium over high-grade material. Metal Bul...Read More
Buyers in the market for pig iron exports from the Commonwealth of Independent States have become cautious because of the trade tensions between the United States and Turkey, two of the commodity's major outlets....Read More
The prices of base metals on the London Metal Exchange were higher across the board at the close of trading on Thursday August 16, with lead prices topping broad complex gains amid sharp upticks in copper, zinc and nickel prices. ...Read More
Metal Bulletin has amended the frequency of its assessments of aluminium billet premiums in Europe, the United States and Brazil, while adjusting the publication calendar. The decision follows a one-month consultation period, which closed on August 16. Market feedback concluded that the spot market has become more liquid and volatile, with higher demand for billet products on a spot basis in Europ...Read More
The latest metal markets news and price moves to start the North American day on Thursday August 16....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday August 16....Read More
China's growing focus on antimony smuggling along the China-Vietnam border has left many in the antimony market worried they will not get their contracts fulfilled. ...Read More
The prices of base metals on the London Metal Exchange were higher across the board at the close of trading on Thursday August 16, with lead prices topping broad complex gains amid sharp upticks in copper, zinc and nickel prices. ...Read More
Physical iron ore was traded at lower prices on Thursday August 16 following further losses in the paper market....Read More
Lower offers on a trading platform in contrast with actual transactions for seaborne coking coal on Thursday August 16 have left market participants in a state of confusion....Read More
Copper concentrates TC/RCs were largely unchanged in early August, with threats of Chinese tariffs on US imports the focus of the market....Read More
The import market for hot-briquetted iron (HBI) in Italy has been largely quiet this week because of summer holiday absences, Metal Bulletin heard on Thursday August 16....Read More
Comex copper prices saw some short-covering on the morning of Thursday August 16 in the United States amid hopes of a trade agreement between China and the US....Read More
Workers at Chile's Caserones copper mine will not strike this week, the union at the mine said in a statement on Wednesday August 15....Read More
Young Poong's Sukpo zinc smelter is operating normally and has not been shutdown for environmental reasons, the company told Metal Bulletin in a statement today on August 16....Read More
Chilean copper mining group Antofagasta has seen the value of its shares slip by more than 4% since publication of its latest financial report on Tuesday August 14, which detailed short-term copper demand and lower earnings....Read More