Higher producer sales prices for 37% manganese ore have moved the low-grade market ahead of high grade in Metal Bulletin's pricing session in the week ended Friday July 13. ...Read More
The latest metal markets news and price moves to start the North American day on Monday July 16....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Monday July 16. With the exception of nickel and aluminum, base metals prices on the Shanghai Futures Exchange staged a modest recovery during Asian morning trading on Monday, with the market continuing to adjust to trade tensions between China and the United States. Check Metal Bulletin's liv...Read More
Base metal market volatility is here for the long haul, according to a fund that has banked profits from the violent sanction-led price swings that have characterized market movements in the first half of 2018. The Raptor Commodities fund, launched by Arion Investment Management in October 2017, has locked in returns of 6.98% since its inception, the company told Metal Bulletin in a recent intervi...Read More
Pressured by ongoing trade tensions, base metals on the London Metal Exchange ended mostly lower at the close of trading on Monday July 16, with aluminium the only metal to trade in positive territory. ...Read More
The physical iron ore markets were mixed on Monday July 16, with a few brands fetching higher prices at Chinese ports while seaborne cargoes performed worse in comparison....Read More
China's hot-rolled coil prices were mixed on Monday July 16 amid thin trading, with buyers taking a wait-and-see approach before most mills release their offers on Tuesday....Read More
Base metal market volatility is here for the long haul, according to a fund that has banked profits from the violent sanction-led price swings that have characterized market movements in the first half of 2018. The Raptor Commodities fund, launched by Arion Investment Management in October 2017, has locked in returns of 6.98% since its inception, the company told Metal Bulletin in a recent intervi...Read More
Ferro-chrome prices continued to fall in China on Friday July 13 after smelters restarts boosted the domestic supply outlook. ...Read More
Discussions with representatives of unionized workers at the Mount Polley copper mine are scheduled to resume this week in a bid to resolve a near two-month strike, according to mine owner Imperial Metals Corp. ...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Monday July 16*...Read More
The latest metal markets news and price moves to start the North American day on Monday July 16....Read More
China imported 448,000 tonnes of unwrought copper and copper products in June, from 390,000 tonnes last June, according to preliminary data released by China Customs on Monday July 16. ...Read More
Zinc prices on the London Metal Exchange edged over 3% lower during morning trading on Monday July 16, weighed down by poor economic data from China amid growing unease surrounding the trade conflict between the US and China. ...Read More
Chinese exports of unwrought aluminium and aluminium products in June increased by 33.5% year on year and 5.2% in a month, according to preliminary Chinese customs data released on Friday July 13. ...Read More
The executive board of steelmaker Salzgitter has submitted a purchase offer for a number of ArcelorMittal steelmaking sites in Europe, the German company said on Monday July 16....Read More
An investigation was begun last week by Italian anti-corruption authority ANAC into the intended sale of steelmaker Ilva, a tender for which was won by a consortium led by steelmaker ArcelorMittal in June 2017....Read More
CIS export rebar and wire rod prices declined in the week ended Monday July 16 amid low demand in the major sales outlets as well as generally unfavorable market conditions for long steel products....Read More
Singapore rebar import prices were stable this week, with buyers resisting higher offers in the spot market. ...Read More
CIS export billet prices continued to decline in the week ended Monday July 16 amid reduced buying activity in the major sales outlets....Read More