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Brazil's export pig iron market quiet on long lead times

June 19, 2021 / www.metalbulletin.com

The market for pig iron exports from Brazil was quiet during the week to Friday June 18 on long lead times, sources said.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $620 per tonne on Friday, stable week on week.Suppliers from the south of Brazil were inactive in the market, but their price idea was indicated at $620-625 per...Read More

DAILY STEEL SCRAP: Mills end week in silence

June 19, 2021 / www.metalbulletin.com

Turkish steel mills ended the working week in silence on Friday June 18, having not booked any deep-sea scrap cargoes since Tuesday.Just two cargoes were heard booked during this week, leading to a decline in the indices. The two United States cargoes were heard on Tuesday. A mill in the Marmara region bought the two US cargoes...Read More

VIETNAM STEEL SCRAP: Prices increase despite weak demand [CORRECTED]

June 19, 2021 / www.metalbulletin.com

Import prices in Vietnam rose during the week to Friday June 18 despite weak demand from end users, sources told Fastmarkets. Higher offers forJapanese bulk cargoes after the recent Kanto Tetsugen auction supported higherimport prices, sources said. A transaction for a bulk Japanese H2 was concludedat $500 per tonne cfr Vietnam in the week to June 18, against offersat $500-510 per t...Read More

IRON ORE DAILY: Prices down on news of monitoring, new restrictions

June 19, 2021 / www.metalbulletin.com

Iron ore prices went down slightly on Friday June 18 on news of state monitoring of the commodities markets, new operational restrictions in Tangshan and market rumors about capacity reductions.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $218.90 per tonne, down by $1.92 per tonne62% Fe low-alumina fines, cfr Qingdao: $220.24 per tonne, down by $1.77 per tonne58% Fe fines high-grade prem...Read More

CHINA REBAR: Futures contract loses early-hour gains on mixed market sentiment [CORRECTED]

June 19, 2021 / www.metalbulletin.com

The October rebar futures contract at the Shanghai Futures Exchange rose in the morning and dropped in the afternoon of Friday June 18 due to conflicting trends in the rebar market.Domestic Eastern China (Shanghai): 4,970-5,000 yuan ($771-776) per tonne, up by 50-60 yuan per tonne.  Northern China (Beijing): 4,930-4,970 yuan per tonne, down by 140-150 yuan per tonne The National Developmen...Read More

COKING COAL DAILY: Firm demand and tight supply continue to support fob market

June 19, 2021 / www.metalbulletin.com

Seaborne coking coal prices inched up in the cfr market on Friday June 18 amid supply tightness for both domestic and imported cargoes, while the fob market surged on tight supply. Prices for seaborne pulverized coal injection (PCI) remained largely stable in the cfr market in the week to June 18 amid firm offer levels and limited buying activities from end-users for Russian PCI. The fob market in...Read More

CHINA HRC: Export prices fall amid poor trading

June 19, 2021 / www.metalbulletin.com

A correction has been issued for this article. The...Read More

US set to apply 12.27% duty on Malaysian Si, as price pushes to 10-year high

June 19, 2021 / www.metalbulletin.com

The United States Commerce Department has made a final determination to apply anti-dumping duty at 12.27% on silicon metal imports from Malaysia, a much-anticipated decision in a case that has helped to push the price of silicon in the US toward a 10-year high.The rate, announced on Thursday June 17, falls far short of the 50%-plus duty that domestic US producers recently told Fastmarkets they wer...Read More

AEROSPACE MATERIALS MARKET REPORT 18/06: Magnesium prices rise on China coal shortage, logistics disruptions

June 19, 2021 / www.metalbulletin.com

An overview of the aerospace materials markets and the latest price moves.Cristina Belda in London; Jessica...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 18/06: Molybdenum rally pauses; more offers appear on profit-taking

June 19, 2021 / www.metalbulletin.com

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Fleur Ritzema, Davide Ghilloti...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

June 19, 2021 / www.metalbulletin.com

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt alloy...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

June 19, 2021 / www.metalbulletin.com

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam,...Read More

COBALT FUTURES SNAPSHOT: First trade concluded for 2023, open interest grows

June 19, 2021 / www.metalbulletin.com

The latest analysis from recent activity on the CME Group's cobalt metal futures contract, cash-settled against Fastmarkets' price assessment for cobalt, standard grade, in-whs Rotterdam.Key tradesJune 2, 2021: 120 tonnes (10 tonnes each month from January to December 2022, all at $21.45 per lb)June 17, 2021: 240 tonnes (10 tonnes each month from January to December 2022, all at $22.95 per lb; 10...Read More

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

June 19, 2021 / www.metalbulletin.com

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt hydroxide p...Read More

GoldSpot AI to look for lithium, tantalum targets in Quebec

June 18, 2021 / www.northernminer.com

GoldSpot Discoveries Corp. (TSXV: SPOT; OTCQX: SPOFF) will use its proprietary machine learning and artificial intelligence technology to look for lithium and tantalum exploration targets at Critical Elements Lithium's (TSXV: CRE; US OTCQX: CRECF) landholdings in Quebec, Canada.The technology was pioneered in the gold exploration industry, evolving to work across all commodities and deposit types....Read More

Taseko shakes management up as top bosses to retire

June 18, 2021 / www.northernminer.com

Canada's Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) is reshuffling responsibilities among some of its most senior executives, as the miner's top boss, Russell Hallbauer, and the chief operating officer, John McManus, will retire at the end of the month.The company says Hallbauer will remain a director of the company, while current president Stuart McDonald will also assume the role of chief e...Read More

Wood Mackenzie boosts battery metals expertise with Roskill buy

June 18, 2021 / www.northernminer.com

Wood Mackenzie announced on Friday it had acquired Roskill, a privately-owned company and leader in metals and materials supply chain intelligence, boosting the consultancy's expertise in energy transition.Neal Anderson, President of Wood Mackenzie, said the business combination added market-leading analysis, data and insight on battery raw materials metals, to its current offer."Combining Roskill...Read More

LatAm risk continues to rise

June 18, 2021 / www.mining-journal.com

E3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpLake making waves with cleaner lithiumSPONSOREDlake resourcesMRC's Skaland is a jewel cut for a European graphite crownSPONSOREDmineral commoditiesMarimaca explains its plans to develop and expand its namesake projectSPONSOREDmarimaca copperOptimists point to the experience under former left-wing president Oll...Read More

TAIWAN STEEL SCRAP: Prices rebound on improving sentiment, costlier bulk cargoes

June 19, 2021 / www.metalbulletin.com

Prices in the Taiwanese containerized ferrous scrap import market rebounded this week amid improving sentiment and competition for material in the bulk market, sources told Fastmarkets.Fastmarkets' daily price assessment for containerized steel scrap, heavy melting scrap 1&2 (80:20), United States material import, cfr main port Taiwan was $450 per tonne on Friday June 18, narrowing upward by $1 pe...Read More

CHINA STEEL SCRAP: First European cargo of heavy scrap clears customs at Jingtang

June 19, 2021 / www.metalbulletin.com

The first shipment of Europe-origin HRS101-grade steel scrap has cleared customs at the Port of Jingtang on Friday June 18, sources told Fastmarkets.The containerized cargo, comprising 1,000 tonnes of plate and structural scrap (P&S), was sold by United Kingdom commodity brokerage Atlas Commodities to China's Zhejiang Metals & Materials Co in March.It is believed to be the first Europe-origin scra...Read More

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