Base Metal Stocks Articles

SHFE vs LME physical arbitrage 27/07: Copper, aluminium, zinc, nickel

July 27, 2018 / Karen Ng

The arbitrage for copper, aluminium, zinc and nickel imported into China on Friday July 27*...Read More

SHFE STOCKS REPORT 27/07: Base metals inventory slip; zinc stocks sink to 10-yr low

July 27, 2018 / Hui Li

Base metal stocks at Shanghai Futures Exchange-approved warehouses were broadly lower week on week on Friday July 27, with zinc stocks falling to their lowest in 10 years....Read More

STEEL WEEK IN BRIEF: Global scrap prices fall; US, EU working to resolve tariff tiff; Italian authorities may cancel Ilva sale...

July 27, 2018 / Elizabeth Ramanand

Metal Bulletin reviews the major stories that have affected the steel market over the past week....Read More

US import beam prices rise, domestic prices hold

July 27, 2018 / Nat Rudarakanchana

Prices for imported steel beams into the United States have risen and domestic prices have remained flat month on month, but the market could be due for a correction in the coming weeks, sources said....Read More

US hot-rolled index inches up; fears of price peak remain

July 27, 2018 / Michael Cowden

Hot-rolled coil prices in the United States have rebounded modestly despite continued concerns among buyers that prices are at or near a peak....Read More

Usiminas Q2 earnings drop 31% on lower volumes, higher costs

July 27, 2018 / Felipe Peroni

Earnings at Brazilian flat steel and iron ore producer Usiminas dropped by 30.80% year-on-year in the second quarter of 2018, on lower steel production volumes and higher expenses....Read More

POLAND REBAR: Domestic offers expected to move up

July 27, 2018 / Maria Tanatar

Domestic prices for rebar in Poland have been stable over the past week, but mills are expected to increase their offers, sources told Metal Bulletin on Friday July 27....Read More

GLOBAL CHROME SNAPSHOT: Little sign of bulls prior to new tenders, during summer lull

July 27, 2018 / Chris Kavanagh

Key data from the pricing session ending July 27....Read More

BATTERY RAW MATERIALS MARKET REPORT 27/07: Lithium continues downtrend

July 27, 2018 / Charlotte Radford

An overview of the battery raw materials markets and their price moves from the past week.Read More

MB NON-FERROUS PRICE CHANGES 27/07: Noble alloys, bulk alloys & ores

July 27, 2018 / editorial@metalbulletin.com

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday July 27:...Read More

GLOBAL LITHIUM WRAP: China's battery-grade lithium prices dip to draw in demand

July 27, 2018 / Martim Facada

Domestic spot prices for battery-grade lithium carbonate in China have gone down week-on-week, with most producers lowering their prices to secure sales amid persistently low demand....Read More

PEOPLE MOVES: SQM CEO Solminihac resigns, to be replaced by CFO

July 27, 2018 / Martim Facada

SQM chief executive Patricio de Solminihac Tampier tendered his resignation on Wednesday July 25, citing personal reasons. His resignation will become effective on December 31; he will be succeeded by chief financial officer Ricardo Ramos Rodriguez, who has worked at SQM for 29 years, on January 1. Solminihac has spent more than 30 years at SQM in a variety of positions, including vice presid...Read More

Tech Talk for Friday July 27th 2018

27/07/2018 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of the first estimate of second quarter real GDP. Consensus was growth at a 4.0% rate versus an upwardly revised 2.2% in the first quarter. Actual was 4.1%.Second quarter reports continue to pour in. Another 19 S&P 500 companies re...Read More

Low bids curb Brazilian producers' pig iron exports

July 27, 2018 / Marina Shulga

Brazilian producers in the south of the country were ready to export pig iron, but bids were too low, from the United States in particular, traders told Metal Bulletin on Friday July 27....Read More

US PIG IRON: Bid-offer standoff may break soon, sources say

July 27, 2018 / Marina Shulga

There has been another week of silence in the United States pig iron market in the period ending Friday July 27, with buyers and suppliers failing again to agree on prices....Read More

WEEKLY SCRAP WRAP: Global prices dip on weak downstream demand

July 27, 2018 / Paul Lim

Global scrap prices softened in several markets in the working week from Monday July 23 to Friday July 27, often because of weak demand in the downstream long steel segments in Taiwan and Turkey.Exporters in the United States saw prices dip when their customers in Taiwan and Turkey continued to bid lower prices for their material.And the discovery of a volume of cocaine by Vietnamese authorities a...Read More

INDIA IMPORT SCRAP: Prices down almost $10 due to lower offers, slack demand

July 27, 2018 / Carrie Bone

Prices for containerized shredded scrap imported into India have fallen by almost $10 per tonne this week due to reduced offer prices, sources told Metal Bulletin on Friday July 27....Read More

DAILY SCRAP REPORT: Prices down again on latest US cargo deal

July 27, 2018 / Cem Turken

Turkish steel mills have now started to book deep-sea scrap for delivery in September, while prices continue to fall, sources told Metal Bulletin on Friday July 27....Read More

IRON ORE DAILY: Seaborne trades boom on China's surging steel, futures markets

July 27, 2018 / July Zhang

Trading activity picked up in the seaborne iron ore market on Friday July 27 amid surging steel and futures prices in China....Read More

China HRC: Domestic prices surge on production cuts

July 27, 2018 / Miranda Song

China's domestic hot-rolled coil prices surged on Friday July 27 amid a drop in supply while the export market was largely unchanged with buyers taking a wait-and-see approach ahead of the weekend....Read More

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