Base Metal Stocks Articles

China's Jiangsu to force steel upgrades through capacity cuts, consolidation

August 16, 2018 / Jessica Zong

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

US import rebar prices up on Turkey 232 news

August 16, 2018 / Patrick Fitzgerald

The pricing spread for imported rebar has slightly widened following President Donald Trump's decision to double the Section 232 tariffs against Turkey, effectively halting Turkish steel shipments into the United States....Read More

TURKEY LONG STEEL: Rebar, wire rod prices fall further on lira troubles

August 16, 2018 / Cem Turken

Turkish domestic rebar and wire rod prices have gone down sharply when priced in US dollars despite increasing on a lira basis, sources said on Thursday August 16....Read More

TURKEY LONG STEEL EXPORTS: Mills look for new markets as rebar prices tumble on doubled tariffs

August 16, 2018 / Cem Turken

Turkish rebar export prices have sharply declined this week while the trade tensions between Turkey and the US deepen, sources said on Thursday August 16....Read More

CIS PIG IRON: Buyers cautious because of US-Turkey tensions

August 16, 2018 / Marina Shulga

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

ITALY HBI: Market quiet on holiday absences, good stocks

August 16, 2018 / Marina Shulga

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

DAILY SCRAP REPORT: Turkish mills may go through next week with no bookings

August 16, 2018 / Cem Turken

The Turkish steel producers have extended their silence in the deep-sea scrap markets amid the uncertainty caused by the tensions between the United States and Turkey, sources said on Thursday August 16....Read More

TURKEY STEEL BILLET: Demand for exports recovers with falling prices

August 16, 2018 / Cem Turken

Turkish billet prices have gone down sharply over the past week amid the economic and political problems in the country, sources said on Thursday August 16....Read More

EGYPT STEEL BILLET, REBAR: Billet import prices fall, rebar stable

August 16, 2018 / Serife Durmus

Steel billet import prices in Egypt continued to fall in the week to Thursday August 16, with lower offers coming in from the CIS and Turkey, while domestic rebar prices remained unchanged....Read More

Southeast Asia's billet import prices dip on ample Turkish supply

August 16, 2018 / Paul Lim

Import prices for steel billet in Southeast Asia fell on Thursday August 16 due to ample supply of Turkish products. ...Read More

East Asian stainless steel market dips on mills' lower offers

August 16, 2018 / Paul Lim

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 stainless steel prices drop on soft demand

August 16, 2018 / Jessica Zong

China's domestic stainless steel prices moved down over the past week on soft demand and losses in the nickel market. ...Read More

China's Jiangsu to force steel upgrades through capacity cuts, consolidation

August 16, 2018 / Jessica Zong

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

Increased cobalt demand, low-grade premium hint at imminent price turnaround

August 16, 2018 / Charlotte Radford

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

CIS PIG IRON: Buyers cautious because of US-Turkey tensions

August 16, 2018 / Marina Shulga

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

LIVE FUTURES REPORT 16/08: LME base metals continue recovery; lead price climbs 5.5%

August 16, 2018 / Benedict Konst

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

PRICING NOTICE: Metal Bulletin increases frequency of aluminium billet pricing, amends publication calendar

August 16, 2018 / Alice Mason

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

NORTH AMERICAN MORNING BRIEF 16/08: LME base metals prices rebound; stainless steel in East Asia dips

August 16, 2018 / Justin Yang

The latest metal markets news and price moves to start the North American day on Thursday August 16....Read More

EUROPEAN MORNING BRIEF 16/08: SHFE base metals prices tumble; BHP submits new Escondida contract proposal; global nickel wrap

August 16, 2018 / Karen Ng

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

FOCUS: Smuggling crackdown takes antimony market by surprise

August 16, 2018 / Anna Xu

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

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