Base Metal Stocks Articles

CHINA REBAR: Domestic prices rise amid futures, billet gains

July 27, 2018 / Jessica Zong

China's domestic rebar prices moved up on Friday July 27 amid gains in the billet and futures markets....Read More

EUROPE STAINLESS STEEL: Prices stable, mills expected to increase offers

July 27, 2018 / Maria Tanatar

Domestic prices for stainless steel products in Europe have gone unchanged over the past week but mills are expected to increase their offers, sources told Metal Bulletin on Friday July 27....Read More

EUROPE ALLOY STEEL SURCHARGE: August surcharges drop on lower nickel cost

July 27, 2018 / Maria Tanatar

European alloy steel surcharges have dropped for August deliveries of grade-304 cold-rolled (CR) stainless steel sheet, after six consecutive months of growth, because of the recent fall in the cost of nickel....Read More

South America flat steel import prices virtually stable on steady offers

July 27, 2018 / Felipe Peroni

Import prices of flat steel material in South American countries remained mostly unchanged in the week ended Friday July 27, with traders reporting low material availability and firm offers....Read More

EUROPE ALLOY STEEL SCRAP: Prices stable in quiet market

July 27, 2018 / Maria Tanatar

UK and European alloy steel scrap prices have been largely unchanged over the past week because of the seasonally slow market, sources told Metal Bulletin on Friday July 27....Read More

EUROPE STAINLESS STEEL: Prices stable, mills expected to increase offers

July 27, 2018 / Maria Tanatar

Domestic prices for stainless steel products in Europe have gone unchanged over the past week but mills are expected to increase their offers, sources told Metal Bulletin on Friday July 27....Read More

Indian local billet prices down by $4 per tonne despite rise in demand

July 27, 2018 / Suresh Nair

Secondary steel billet prices in the Indian domestic market have fallen this week by at least 300 rupees ($4) per tonne, even though demand has improved for semi-finished steel among finished product makers....Read More

NORTH AMERICAN MORNING BRIEF 27/07: Teck sells Red Dog zinc concentrates; cobalt arb opportunities;SQM CEO resigns

July 27, 2018 / Alice Mason

The latest metal markets news and price moves to start the North American day on Thursday July 26....Read More

EUROPEAN MORNING BRIEF 27/07: SHFE base metals prices drift upward; US, EU to resolve tariff discord; US copper scrap prices mixed

July 27, 2018 / Susan Zou

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Friday July 27.Base metals prices on the Shanghai Futures Exchange were little changed to stronger during morning trading on Friday, with easing global trade tensions providing support to the complex. Gains were limited, however, with a firmer dollar ahead of the release of gross domestic prod...Read More

FOCUS: Cobalt traders jump on arbitrage opportunities in weakening summer markets

July 27, 2018 / Charlotte Radford

Cobalt traders are taking advantage of pronounced arbitrage opportunities arising out of regional variations in price moves and buying preferences between China and Europe. In seasonally-slow summer trading, such activity has contributed to steep falls in physical prices in the international market in recent weeks. Metal Bulletin assessed low-grade and high-grade cobalt prices at $3...Read More

LIVE FUTURES REPORT 27/07: LME base metals tick higher on weaker dollar, stock drawdowns; lead price under pressure

July 27, 2018 / Hassan Butt

Base metals on the London Metal Exchange ended the week mostly higher by the close of trading on Friday July 27, propped up by a marginal dip in the US dollar index while broad LME inventory drawdowns push prices higher. ...Read More

LIVE FUTURES REPORT 27/07: Comex copper prices ascend as dollar declines

July 27, 2018 / Dalton Barker

Comex copper prices ticked higher in the final session of the week on Friday July 27 morning in the US, amid a softer dollar and easing trade concerns....Read More

Teck sells Red Dog zinc concentrates into China for first time, opening market

July 27, 2018 / Archie Hunter

Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More

Brazil slab export prices narrow upward in offers to North America, Europe

July 27, 2018 / Felipe Peroni

Export prices for Brazil-origin steel slab narrowed upward this week with local producers focusing their offers on markets with higher prices....Read More

LIVE FUTURES REPORT 27/07: LME base metals tick higher on weaker dollar, stock drawdowns; lead price under pressure

July 27, 2018 / Hassan Butt

Base metals on the London Metal Exchange ended the week mostly higher by the close of trading on Friday July 27, propped up by a marginal dip in the US dollar index while broad LME inventory drawdowns push prices higher. ...Read More

US Midwest P1020 premium climbs, but aluminium market wary

July 27, 2018 / Kirk Maltais

The US Midwest aluminium premium has clawed its way back to higher ground, although market participants are concerned that another US government move on trade tariffs could potentially derail the correction. ...Read More

LIVE FUTURES REPORT 27/07: Comex copper prices ascend as dollar declines

July 27, 2018 / Dalton Barker

Comex copper prices ticked higher in the final session of the week on Friday July 27 morning in the US, amid a softer dollar and easing trade concerns....Read More

NORTH AMERICAN MORNING BRIEF 27/07: Teck sells Red Dog zinc concentrates; cobalt arb opportunities;SQM CEO resigns

July 27, 2018 / Alice Mason

The latest metal markets news and price moves to start the North American day on Thursday July 26....Read More

Teck sells Red Dog zinc concentrates into China for first time, opening market

July 27, 2018 / Archie Hunter

Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More

Chinalco's 400ktpy copper smelter to come online as early as mid-Aug - sources

July 27, 2018 / Julian Luk

Aluminium Corporation of China's (Chinalco) massive Ningde copper smelter will commence output as early as mid-August, Metal Bulletin has learned....Read More

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