Benchmark cobalt prices continued to fall last week, albeit at a slower pace than before, with sellers facing less urgent pressure to destock and spot trade returning to its slower summer pace....Read More
Key data from the Friday August 3 pricing session in Shanghai.Cobalt metal - China's domestic cobalt metal price dropped to 490,000-530,000 yuan ($71,718-77,572) per tonne ($28.10-30.40 per lb China VAT-free), with the seasonal lull continuing to the downside. - Spot sales and quotations for Jinchuan cobalt stood around 490,000-505,000 yuan per tonne, while those for imported cobalt were around 52...Read More
Electric vehicles are exerting a significantly disruptive effect on the automotive industry and will transform the sector over the next five years, according to analytics firm GlobalData....Read More
Steel producers in Russia's central region around Moscow have increased their prices for hot-rolled (HR) and cold-rolled (CR) steel sheet on improved demand....Read More
Exporters of hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States intend to increase their prices for September-rolling products, but demand remains seasonally low, sources said....Read More
Turkey's finished steel output increased 9% year on year in January-June 2018, while consumption increased 11.5%, according to the latest data published by the Turkish Steel Producers Assn (T???oeD). Finished steel output reached 20.5 million tonnes in the first six months of 2018, up from 18.8 million tonnes in the corresponding period of 2017, while consumption was 18 million tonnes up from 16.2...Read More
Turkey's finished steel output increased 9% year on year in January-June 2018, while consumption increased 11.5%, according to the latest data published by the Turkish Steel Producers Assn (T???oeD). Finished steel output reached 20.5 million tonnes in the first six months of 2018, up from 18.8 million tonnes in the corresponding period of 2017, while consumption was 18 million tonnes up from 16.2...Read More
The latest metal markets news and price moves to start the North American day on Monday August 6. Base metals on the London Metal Exchange were lower across the board during morning trading on Monday August 6, limited by a firm uptick in the dollar index while the market continues to adjust to intensifying United States-China trade relations.Edging lower over the morning, zinc's three-month price...Read More
Singapore rebar import prices weakened over the past week following the issuance of low offers from a Turkish mill. Metal Bulletin's assessment of import prices for rebar in Southeast Asia - which mainly looks at cargoes sold into Singapore on a theoretical weight basis - was $550 per tonne cfr for the week to Monday August 6, down $3-5 per tonne from the preceding week's $553-555 per tonne cfr."T...Read More
The Turkish steel mills have returned to the deep-sea scrap markets following a downturn in prices, sources said on Monday August 6....Read More
Turkish domestic ship scrap prices have gone down over the past week due to the weakening lira and poor demand for finished steel, while auto bundle scrap prices have remained largely stable, sources said on Monday August 6....Read More
Physical iron ore was traded at markedly higher prices on Monday August 6 following a surge in futures price attributed to concerns about reductions in shipments by one miner supplying the seaborne market....Read More
Turkey's finished steel output increased 9% year on year in January-June 2018, while consumption increased 11.5%, according to the latest data published by the Turkish Steel Producers Assn (T???oeD). Finished steel output reached 20.5 million tonnes in the first six months of 2018, up from 18.8 million tonnes in the corresponding period of 2017, while consumption was 18 million tonnes up from 16.2...Read More
China's domestic rebar prices were unchanged on Monday August 6 amid thin trading activity. ...Read More
Low tenders from major Chinese mills for August production weighed on domestic and imported ferro-chrome prices over the week that ended on Friday August 3, while chrome ore inventories hit record highs....Read More
Chinese ferro-silicon prices are holding ahead of an expected upturn in prices later this month on higher-priced tenders from steel mills, a jump in futures and reduced supplies from pollution controls, while the US and European markets keep steady....Read More
Ample supply continued to push ammonium paratungstate prices down in the week ended Friday August 3 following the end of environmental-related suspensions in Jiangxi province. ...Read More
Turkey's finished steel output increased 9% year on year in January-June 2018, while consumption increased 11.5%, according to the latest data published by the Turkish Steel Producers Assn (T???oeD). Finished steel output reached 20.5 million tonnes in the first six months of 2018, up from 18.8 million tonnes in the corresponding period of 2017, while consumption was 18 million tonnes up from 16.2...Read More
The Turkish steel mills have returned to the deep-sea scrap markets following a downturn in prices, sources said on Monday August 6....Read More
Benchmark cobalt prices continued to fall last week, albeit at a slower pace than before, with sellers facing less urgent pressure to destock and spot trade returning to its slower summer pace....Read More