Base Metal Stocks Articles

METALS MORNING VIEW 26/07: Metals consolidate recent gains; markets likely to get nervous ahead of key events

July 26, 2018 / William Adams

Three-month base metals prices on the London Metal Exchange were mixed on the morning of Thursday July 26, with lead leading on the upside with a 0.7% gain to $2,168 per tonne, while tin was the worst performer with a decline of 0.4% to $19,765 per tonne. Copper was up by 0.2% at $6,316 per tonne - the high earlier this morning being $6,378 per tonne.Volume has, however, been above average - some...Read More

PEOPLE MOVES: Southgate joins Stratton Metals as senior trader

July 26, 2018 / Charlotte Radford

Cobalt market veteran and industry expert Tony Southgate will join London-based Stratton Metals as a senior trader on August 28, Metal Bulletin has learnt....Read More

CHINA STEEL SPOTLIGHT: HRC, wire rod production up in June despite production cuts

July 26, 2018 / Alistair Ramsay

Hot-rolled flat steel and wire rod production volumes in China were up in June despite production cuts. ...Read More

Kl??ckner forecasts stable stronger demand, higher prices in US, EU in 2018

July 26, 2018 / Maria Tanatar

German metals distributor Kl??ckner expects its 2018 earnings to be supported by higher demand and steel prices in both Europe and the United States, the company's two main markets, it said on July 24....Read More

CHINA HRC: Prices largely flat amid sparse trading

July 26, 2018 / Miranda Song

China's hot-rolled coil prices were largely steady on Thursday July 26 amid thin trading....Read More

TURKEY LONG STEEL: Prices slightly up to counter weakening lira

July 26, 2018 / Cem Turken

Turkish domestic rebar prices have inched up over the past week with a slight recovery being most evident in the Iskenderun region, sources said on Thursday July 26....Read More

EGYPT STEEL BILLET, REBAR: Billet import prices up, but demand weak

July 26, 2018 / Serife Durmus

Steel billet import prices increased this week in Egypt with higher offers in the market, but domestic rebar prices have remained unchanged, sources told Metal Bulletin on Thursday July 26. ...Read More

TURKEY LONG STEEL EXPORTS: Weak demand prevents prices from recovering

July 26, 2018 / Cem Turken

Turkish rebar and wire rod export prices have remained stable over the past week, in keeping with the subdued demand in the country's major export markets, with only a few rebar sales into Europe, sources said on Thursday July 26....Read More

CIS PIG IRON: Standoff between suppliers, buyers continues

July 26, 2018 / Marina Shulga

No deals were reported in the export pig iron market from the Commonwealth of Independent States (CIS) during the week ended Thursday July 26, with suppliers unable to agree on prices with buyers....Read More

DAILY SCRAP REPORT: Indices tick down less than $1 on fresh US cargo

July 26, 2018 / Cem Turken

Turkish deep-sea scrap import prices have remained largely stable in recent sales and no recovery was expected any time soon, sources said on Thursday July 26....Read More

IRON ORE DAILY: Trading thins amid China's steel production restrictions

July 26, 2018 / July Zhang

Trading activity in the physical iron ore market cooled further on Thursday July 26 amid China's lackluster steel and futures markets, as well as production restrictions in the country's steelmaking hub....Read More

TURKEY STEEL BILLET: Turkish buyers focus on scrap, prices stable

July 26, 2018 / Cem Turken

Turkish prices for steel billet have remained stable over the past week because of sluggish demand and mills' current interest in scrap feedstocks, sources told Metal Bulletin on Thursday July 26....Read More

CHINA REBAR: Domestic prices flat amid weak futures, soft demand

July 26, 2018 / Jessica Zong

China's domestic rebar prices held steady on Thursday July 26 amid weak demand and a subdued futures market....Read More

China AM: Futures rangebound in negative territory

July 26, 2018 / July Zhang

China's ferrous futures largely moved within a narrow range in negative territory during the morning trading session on Thursday July 26....Read More

East Asian stainless steel prices down on weaker yuan, muted demand

July 26, 2018 / Fiona Lam

Import prices for stainless steel in East Asia fell over the past week, with Chinese suppliers becoming more eager to export due to the depreciating yuan while buying interest remained scant....Read More

China's stainless steel prices up amid AD probe

July 26, 2018 / Jessica Zong

Domestic stainless steel prices in China widened upward over the past week following news of an anti-dumping investigation into imports of such products. ...Read More

Kl??ckner forecasts stable stronger demand, higher prices in US, EU in 2018

July 26, 2018 / Maria Tanatar

German metals distributor Kl??ckner expects its 2018 earnings to be supported by higher demand and steel prices in both Europe and the United States, the company's two main markets, it said on July 24....Read More

Metals M&A down in Q2 on trade wars: PwC

July 26, 2018 / Andrea Hotter

Deal activity in the metals sector was lower in the second quarter due to heightened trade conflicts in North America, Asia, and Europe, according to a report by consultancy PwC. ...Read More

Brazilian crude steel output up 10.2% in June

July 26, 2018 / Felipe Peroni

Brazilian crude steel production increased by 10.2% year on year in June, according to figures released by national steel association A??o Brasil on Wednesday July 25. ...Read More

CIS PIG IRON: Standoff between suppliers, buyers continues

July 26, 2018 / Marina Shulga

No deals were reported in the export pig iron market from the Commonwealth of Independent States (CIS) during the week ended Thursday July 26, with suppliers unable to agree on prices with buyers....Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok