Base Metal Stocks Articles

METALS MORNING VIEW 25/07: Metals generally firmer following Tuesday's gains

July 25, 2018 / William Adams

Three-month base metals prices on the London Metal Exchange were for the most part firmer on the morning of Wednesday July 25, with the complex up by an average of 0.4%. Tin (-0.2%) was the only metal showing a loss. Lead prices (+1%) led the advance, while copper prices rose by 0.4% to $6,290 per tonne.Volume has, however, been average - some 5,259 lots had traded across the complex as at 6.41am...Read More

EUROPE HRC: Safeguard case decision helps raise local prices

July 25, 2018 / Maria Tanatar

Domestic prices for hot-rolled coil (HRC) in Europe have gone up slightly over the past week, supported by the effects of the preliminary decision in an EU safeguard case, sources told Metal Bulletin on Wednesday July 25....Read More

EUROPE PLATE: Domestic prices inch up on safeguard case decision

July 25, 2018 / Maria Tanatar

Domestic prices for heavy steel plate in Europe have increased over the past week, supported by the announcement of preliminary measures in a regional safeguard case, sources told Metal Bulletin on Wednesday July 25....Read More

CHINA HRC: Prices edge up in eastern region amid declining inventory

July 25, 2018 / Miranda Song

East China's hot-rolled coil prices rose slightly on Wednesday July 25 following gains in the futures market that was attributed to a drop in inventory levels....Read More

EUROPE WIRE ROD: Prices rise amid tight supply as market focuses on safeguard action

July 25, 2018 / Ross Yeo

Metal Bulletin's weekly domestic price assessment for mesh-quality wire rod in Northern Europe rose on Wednesday July 25 to ?,?550-560 ($643-655) per tonne delivered, from ?,?540-550 per tonne last week....Read More

NORTHERN EUROPE REBAR: Prices narrow up amid safeguards

July 25, 2018 / Ross Yeo

Prices for rebar produced and delivered in Northern Europe narrowed upward this week with market participants digesting the recently introduced safeguards affecting steel imports into the EU. ...Read More

SOUTHERN EUROPE REBAR: Prices up but bullish momentum slows for holidays

July 25, 2018 / Ross Yeo

Prices for rebar produced and delivered in Southern Europe widened upward this week with availability remaining limited, even though trading activity was quiet because many market participants were away on holiday....Read More

DAILY SCRAP REPORT: Lack of rebar demand keeps Turkish mills quiet in deep-sea markets

July 25, 2018 / Cem Turken

The Turkish steel producers remained inactive in the deep-sea scrap markets on Wednesday July 25 because of the poor demand in the country's rebar markets....Read More

IRON ORE DAILY: Yuan depreciation discouraging buying in seaborne market

July 25, 2018 / July Zhang

Trading remained muted in the seaborne iron ore market on Wednesday July 25 though there was more activity at China's ports, mostly due to the weaker yuan in comparison with the dollar....Read More

China AM: Steel futures rise, raw materials contracts fall

July 25, 2018 / Miranda Song

China's ferrous futures fluctuated during morning trading on Wednesday July 25, with the steel contracts reversing their fortunes from a day earlier by ending the session higher than their opening prices while those for raw materials ended lower....Read More

CHINA REBAR: Weak demand, higher futures keep domestic prices flat

July 25, 2018 / Jessica Zong

China's domestic rebar prices were largely steady on Wednesday July 25 amid soft demand but strong futures. ...Read More

PEOPLE MOVES: Chrome veteran Lillja to join Yildirim Group from Afarak

July 25, 2018 / Janie Davies

Michael Lillja will join Yildirim Group's Polymetcore trading arm from fellow chrome producer Afarak on September 1. ...Read More

EUROPE SECTIONS: Prices flat but preliminary EU safeguarding decision could push up prices

July 25, 2018 / Carrie Bone

Prices of domestic hollow steel sections made in Europe remained flat this week but the preliminary decision made in the EU safeguarding case could push up prices soon, sources told Metal Bulletin on Wednesday July 25....Read More

EUROPE PLATE: Domestic prices inch up on safeguard case decision

July 25, 2018 / Maria Tanatar

Domestic prices for heavy steel plate in Europe have increased over the past week, supported by the announcement of preliminary measures in a regional safeguard case, sources told Metal Bulletin on Wednesday July 25....Read More

EUROPE WIRE ROD: Prices rise amid tight supply as market focuses on safeguard action

July 25, 2018 / Ross Yeo

Metal Bulletin's weekly domestic price assessment for mesh-quality wire rod in Northern Europe rose on Wednesday July 25 to ?,?550-560 ($643-655) per tonne delivered, from ?,?540-550 per tonne last week....Read More

NORTHERN EUROPE REBAR: Prices narrow up amid safeguards

July 25, 2018 / Ross Yeo

Prices for rebar produced and delivered in Northern Europe narrowed upward this week with market participants digesting the recently introduced safeguards affecting steel imports into the EU. ...Read More

SOUTHERN EUROPE REBAR: Prices up but bullish momentum slows for holidays

July 25, 2018 / Ross Yeo

Prices for rebar produced and delivered in Southern Europe widened upward this week with availability remaining limited, even though trading activity was quiet because many market participants were away on holiday....Read More

EUROPE SECTIONS: Prices flat but preliminary EU safeguarding decision could push up prices

July 25, 2018 / Carrie Bone

Prices of domestic hollow steel sections made in Europe remained flat this week but the preliminary decision made in the EU safeguarding case could push up prices soon, sources told Metal Bulletin on Wednesday July 25....Read More

NORTH AMERICAN MORNING BRIEF: LME consolidating; China plate exports fall; US ali premiums higher on contango

July 25, 2018 / Alice Mason

The latest metal markets news and price moves to start the North American day on Wednesday July 25....Read More

EUROPEAN MORNING BRIEF 25/07: SHFE base metals prices all up; Global ali, copper premiums; US ali scrap market weakens

July 25, 2018 / Susan Zou

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Wednesday July 25.Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Wednesday, supported by China's unveiling of a package of policies aimed at boosting domestic demand.Check Metal Bulletin's live futures report here.Premiums for copper cath...Read More

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