Base Metal Stocks Articles

IRON ORE DAILY: Benchmark ends day up after mixed start to week

July 16, 2018 / July Zhang

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 HRC: Buyers await new offers before committing

July 16, 2018 / Miranda Song

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

Raptor fund profits from price volatility while sanctions swing metals complex in 2018

July 16, 2018 / Archie Hunter

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

GLOBAL CHROME WRAP: Ore, alloy prices soften further amid subdued Chinese demand

July 16, 2018 / Janie Davies

Ferro-chrome prices continued to fall in China on Friday July 13 after smelters restarts boosted the domestic supply outlook. ...Read More

Talks to resolve Mount Polley copper mine strike resume this week

July 16, 2018 / Andrea Hotter

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

SHFE vs LME physical arbitrage 16/07: Copper, aluminium, zinc, nickel

July 16, 2018 / Karen Ng

The arbitrage for copper, aluminium, zinc and nickel imported into China on Monday July 16*...Read More

NORTH AMERICAN MORNING BRIEF 16/07: LME zinc price falls 3%; China's HRC prices mixed; China's ferrous futures moving up

July 16, 2018 / Hassan Butt

The latest metal markets news and price moves to start the North American day on Monday July 16....Read More

Chinese copper imports up 15% y-o-y in June; copper ore, concentrates soar by 25%

July 16, 2018 / Violet Li

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

LIVE FUTURES REPORT 16/07: LME base metals pressured by trade woes, China economic slowdown; zinc price falls 3.2%

July 16, 2018 / Hassan Butt

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 aluminium exports up 34% y-o-y in June; global demand growth steady

July 16, 2018 / Hui Li

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

Salzgitter submits offer to buy two ArcelorMittal EU flat steel sites

July 16, 2018 / Viral Shah

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

Italy anti-corruption probe into Ilva sale 'could be complete by end-July'

July 16, 2018 / Viral Shah

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 LONG STEEL: Prices under pressure from low demand

July 16, 2018 / Vlada Novokreshchenova

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 stable as buyers resist higher offers

July 16, 2018 / Paul Lim

Singapore rebar import prices were stable this week, with buyers resisting higher offers in the spot market. ...Read More

CIS STEEL BILLET: Price downtrend persists amid lack of activity

July 16, 2018 / Vlada Novokreshchenova

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

Flat Steel Products Trade Log, July 16, 2018

July 16, 2018 / Staff reporter

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. ...Read More

Vale's metallurgical coal output falls 24% in Q2

July 16, 2018 / Felipe Peroni

Vale's production of metallurgical coal decreased by 23.90% year-on-year in the second quarter of 2018 because of adverse conditions at the mine, the company said on Monday July 16....Read More

IRON ORE DAILY: Benchmark ends day up after mixed start to week

July 16, 2018 / July Zhang

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

DAILY SCRAP REPORT: Turkish mills remain quiet on lack of rebar demand

July 16, 2018 / Cem Turken

Turkish steel producers are continuing to hold back from the deep-sea scrap markets, as they have done since late last week, because of the sluggish demand for rebar, sources said on Monday July 16....Read More

TURKEY FERROUS SCRAP: Market may weaken in line with import costs

July 16, 2018 / Cem Turken

Turkish domestic scrap prices have shown signs of weakening after the downturn in imported scrap costs, sources said on Monday July 16....Read More

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