Base Metal Stocks Articles

Evraz H1 billet, slab sales down 15% on lower steel output, DMZ disposal

July 26, 2018 / Vlada Novokreshchenova

Sales volumes of semi-finished steel products by Russian steelmaker Evraz dropped by 14.6% year-on-year in the first half of 2018 because of lower crude steel output at the Nizhny Tagil Metallurgical Plant (NTMK) as well as the disposal of DMZ Petrovskogo, Metal Bulletin understands....Read More

CIS STEEL BILLET: Reduced availability pushes CIS export billet price up

July 26, 2018 / Vlada Novokreshchenova

The CIS export billet price inched up on Thursday July 26, supported by reduced availability of billet in the region....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

Semi-finished Steel Products Trade Log, July 26, 2018

July 26, 2018 / Staff reporter

The latest bids, offers and deals in the global markets for steel billet, slab and bloom. ...Read More

Metals consolidate recent gains; markets likely to get nervous ahead of key events

26 July 2018 / Staff reporter

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 -...Read More

NORTH AMERICAN MORNING BRIEF 26/07: Novelis to buy Aleris; Vale Q2 iron ore output up; FMG iron ore shipments

July 26, 2018 / Alice Mason

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

Tech Talk for Thursday July 26th 2018

26/07/2018 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for June Durable Goods Orders was an increase of 2.8% versus a drop of 0.4% in May. Actual was up 1.0%. Excluding transportation, consensus for June Durable Goods Orders was an increase of...Read More

Steelmaking Raw Materials Trade Log, July 26, 2018

July 26, 2018 / Staff reporter

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...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

COKING COAL DAILY: Trading picks up in second-tier market

July 26, 2018 / Sophie Zhao

The second-tier segment in the seaborne coking coal spot market saw a flurry of trades involving its top brand after more than two months of inactivity. ...Read More

Vale hits record Q2 iron ore output, premiums on ore quality

July 26, 2018 / Felipe Peroni

Vale's second-quarter earnings increased 42.98% year-on-year amid higher iron ore output volumes and increased premiums for quality material....Read More

FMG ships 170mln tonnes of iron ore in FY2018

July 26, 2018 / July Zhang

Fortescue Metals Group (FMG) shipped 170 million tonnes of iron ore in its financial year ended June 30, in line with its guidance....Read More

LIVE FUTURES REPORT 26/07: LME base metals price drift even after huge aluminium cancelation

July 26, 2018 / Hassan Butt

Base metals prices drifted on the London Metal Exchange during the morning session on Thursday July 26 despite yet another fresh cancelation of almost 50,000 tonnes of aluminium....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

Destocking, falling international prices pressure Chinese cobalt salts market

July 26, 2018 / Susan Zou

Chinese cobalt salts prices fell in the first half of this week after a wave of destocking hit the market amid bearish sentiment due to declining international cobalt metal prices and weak seasonal demand....Read More

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

Cobalt Blockchain gets DRC cobalt, copper export trading license

July 26, 2018 / Andrea Hotter

Cobalt Blockchain Inc (COBC) has received final approval for its application for a cobalt and copper export trading license in the Democratic Republic of the Congo (DRC). ...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

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