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
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
Hot-rolled flat steel and wire rod production volumes in China were up in June despite production cuts. ...Read More
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's hot-rolled coil prices were largely steady on Thursday July 26 amid thin trading....Read More
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
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
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
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
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
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
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's domestic rebar prices held steady on Thursday July 26 amid weak demand and a subdued futures market....Read More
China's ferrous futures largely moved within a narrow range in negative territory during the morning trading session on Thursday July 26....Read More
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
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
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
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 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
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