Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week....Read More
China's monthly zinc output dropped to its lowest in five years in July, echoing lower output of galvanised steel and capacity cut of major Chinese zinc smelters. ...Read More
Premiums for aluminium billet in Europe were mostly firm this week with participants trying to secure metal for the fourth quarter and beyond. ...Read More
The London Metal Exchange zinc price has moved into contango for the first time in more than two months, with analysts highlighting improved supply as a key factor....Read More
Comex copper prices edged up on Friday morning in the US, with the base metals complex benefiting from a weaker dollar....Read More
The latest metal markets news and price moves to start the North American day on Friday August 17. ...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week....Read More
Erdemir Group, Turkey's biggest steel producer, will build two new blast furnaces in the Middle Eastern country, it announced on Thursday August 16....Read More
Sentiment in Turkey's flat steel market improved after the Turkish lira regained some value towards the end of the week, sources told Metal Bulletin on Friday August 17....Read More
The CIS export billet market was quiet on Friday August 17 amid tumbling billet export prices from Turkey....Read More
Metal Bulletin will not publish certain price assessments for steel and ferrous scrap products in the Middle East and Turkey during the period August 20-24, 2018, because of the religious Eid al-Adha public holidays.The following prices will not be published during that period. Normal publishing schedules will be resumed in the week beginning Monday August 27.Egypt semi-finished and long steel- Eg...Read More
Prices for coated steel coil products in Turkey were stable in the week ended Friday August 17, while sentiment was improving after the Turkish lira started to regain value toward the end the week after dipping earlier in August. ...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. ...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.The Canadian Dollar added 0.28 to U.S. 76.40 cents following release of Canada's July Consumer Price Index. Consensus was a year-over-year increase of 2.5%. Actual was an increase of 3.0%.NVIDIA fell $6.64 to $251.00 after reporting lower than consensus quarterly sales. The company also l...Read More
Vietnam's Masan Resources has moved a step closer to realizing its aim of becoming the world's largest producer and supplier of tungsten chemicals by acquiring the stake in its local tungsten chemical processor joint venture it did not already own....Read More
Key data from the pricing session ending August 17....Read More
The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday August 17:...Read More
Chinese domestic spot battery-grade lithium carbonate prices have fallen on thin buying activity and lower prices, while lithium hydroxide prices have temporarily stabilized this week, while seaborne, European and US lithium carbonate prices moved down.Battery-grade lithium carbonate prices continue their downtrend while downstream consumers are waiting for the market to hit the bottom due to the...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, which holds a 30.1% stake in Ganfeng,...Read More
The latest ferrous scrap cargo sold out of the United States to Turkey saw prices for an 80:20 mix of No 1 and No 2 heavy melting scrap drop by $28 per tonne, continuing a trend of falling prices seen throughout this summer - and exacerbated by increasing trade tensions this month....Read More