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
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
Base metals on the London Metal Exchange consolidated for much of trading on Monday August 6, with closing prices mixed despite broad strength in the US dollar and an ongoing trade spat between the United States and China. ...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
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
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Monday August 6.Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Monday, with a retreat in the dollar index and stronger yuan providing support to the complex.Check Metal Bulletin's live futures report here.Canadian resource firm Cobalt Blo...Read More
The London Metal Exchange has fleshed out some of the key components put forward in its strategic pathway last September, notably the decision to trial nickel closing prices electronically for three months in the first quarter of 2019, the exchange said in a note to members on August 1....Read More
The nickel full plate premium cif Shanghai registered only a minor uptick last month during an open arbitrage window, failing to replicate last year's record-breaking reaction - Metal Bulletin looks at the reasons why. Market participants last reported an open import window in August to December last year, when the profit of importing foreign nickel full plates into China caused nickel full plate...Read More
Base metals on the London Metal Exchange consolidated for much of trading on Monday August 6, with closing prices mixed despite broad strength in the US dollar and an ongoing trade spat between the United States and China. ...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
The London Metal Exchange has fleshed out some of the key components put forward in its strategic pathway last September, notably the decision to trial nickel closing prices electronically for three months in the first quarter of 2019, the exchange said in a note to members on August 1....Read More
Following extensive market engagement, Metal Bulletin has decided to extend the consultation period for the proposal to split Metal Bulletin's 0.10% C low-carbon ferro-chrome Europe price specification to provide additional time for feedback. At present, Metal Bulletin includes all price points for low-carbon ferro-chrome with a carbon and chromium content of 0.10% and 60-70% chrome respectively i...Read More