An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Declan...Read More

Tin's three-month price reached a new all-time peak on the London Metal Exchange on Friday July 16, with supply concerns from Southeast Asia - due to the spread of the delta variant of Covid-19 - also supporting most prices.Tin's benchmark futures price has jumped by 63% since the start of the year, when the metal was priced $20,735 per tonne. It closed at $33,600 per tonne on Friday, a 1.4% gain...Read More

Iron ore prices mostly edged downward on Friday July 16 under the influence of increasing inventory at China's ports despite reduced shipments.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $221.43 per tonne, down by $0.66 per tonne62% Fe low-alumina fines, cfr Qingdao: $223.39 per tonne, down by $0.36 per tonne58% Fe fines high-grade premium, cfr Qingdao: $181.57 per tonne, down by $0.49...Read More

Seaborne coking coal prices were firm in the cfr market on Friday July 16 despite quiet trading. Offers for September loaded cargoes rose but the fob coking coal market also remained stable, sources said.Prices for seaborne pulverized coal injection (PCI) inched up in the cfr market in the week to July 16 due to tight supply for high quality resources from Russia. The fob market continued to incre...Read More

Key data from Fastmarkets' pricing session in London on Friday, July 16.Key drivers Vanadium product prices increased in the week to Friday July 16, with producers and traders increasing offers rapidly due to widespread violence in South Africa, sparked by the jailing of former South African president Jacob Zuma. Following the riots, major ports of Durban and Richards Bay have been disrupted by da...Read More

The Turkish steel mills continued to limit their deep-sea scrap bookings due to weak finished steel sales, while the downturn in the country had a knock-on effect on prices in the global markets.Turkish mills restrict deep-sea purchases to put downward pressure on pricesSummer slowdown hits US export marketCovid-19 pandemic shuts down local long steel and scrap markets in VietnamDomestic supply ti...Read More

The benchmark A380.1 secondary aluminium alloy price crept higher on Thursday July 15, while strong demand and limited supply for A413.1 pushed that price up to parity with 356.1.Fastmarkets assessed the price for aluminium alloy A380.1, delivered Midwest at $1.18-1.20 per lb on July 15, up by 0.85% from $1.17-1.19 per lb on July 8 and at its highest in nearly 10 years.Some producers have not quot...Read More

Continued demand for aluminium scrap in the United States boosted prices of some grades of material week on week, but difficulties in finding labor and shipping containers - as well as rising ingot manufacturing costs - put pressure on the wider market.Fastmarkets' assessment of the buying prices for mixed low copper clips, delivered Midwest secondary smelters, mixed high copper clips, delive...Read More

The US aluminium billet premium soared on Friday July 16, supplanting the all-time high set in the previous assessment despite limited spot activity while market participants await the impact of the looming Russian export tax set to take effect next month.Fastmarkets assessed the aluminium 6063 extrusion billet premium, delivered Midwest US at 21-25 cents per lb on July 16, up by 6.98% from 20-23...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More

Tin's three-month price reached a new all-time peak on the London Metal Exchange on Friday July 16, with supply concerns from Southeast Asia - due to the spread of the delta variant of Covid-19 - also supporting most prices.Tin's benchmark futures price has jumped by 63% since the start of the year, when the metal was priced $20,735 per tonne. It closed at $33,600 per tonne on Friday, a 1.4% gain...Read More

Treatment and refining charges (TC/RCs) paid for copper concentrates became noticeably firmer over the past week, with smelters pressing home their negotiating advantage for the few cargoes that traded.Fastmarkets' copper concentrates TC index, cif Asia Pacific, was calculated at $47.40 per tonne/4.74 cents per lb for the week to Friday July 16, up from $42.40...Read More

European copper maker Aurubis announced on Friday July 16 that it has declared force majeure on its Stolberg operations, being unable to deliver or accept incoming deliveries following floods in the valley where the site is located. Aurubis Stolberg manufactures semi-finished products made of copper and copper alloys, including high-precision strip and wire made for industrial applications, such a...Read More

Prices for cold-rolled and galvanized steel sheet climbed to new records, with cold roll catapulting above the $100-per-hundredweight ($2,000-per-short-ton) milestone for the first time ever.Fastmarkets' weekly price assessment for steel cold-rolled coil, fob mill US jumped to $101 per cwt ($2,020 per ton) on Thursday July 15 from $98.50 per cwt ($1,970 per ton) on July 8. The assessment has now g...Read More

Hot-rolled coil prices in the United States topped $90 per hundredweight ($1,800 per short ton) for a third consecutive day, with mills providing only a limited amount spot material, market participants said.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $90.75 per cwt ($1,815 per ton) on Friday July 16, down by 0.20% from $90.93 per cwt on Thursday July 15 but up by...Read More

A new Brazilian regulation means that steel slab producer Companhia Sider??rgica do Pec?(C)m (CSP) can increase sales of steel to the Brazilian domestic market, according to a ruling published on Thursday July 15.CSP, a joint venture between Vale (50%), Dongkuk (30%) and Posco (20%), is located in an export processing zone in Brazil's northeastern state of Cear??. As a result, it benefits from cer...Read More

The Toronto-listed company said Q2 copper production was unchanged year-on-year but down 19% versus Q1 at 36,735 tonnes, with the drop driven by COVID-related personnel restrictions.Read More

Prices in the Turkish flat steel market reduced over the week to Friday July 16 due to lower demand prior to the long holiday period, sources told Fastmarkets.Domestic pricesFastmarkets' weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $1,050-1,070 per tonne on July 16, down from $1,060-1,100 per tonne the previous week.HRC offers were mostly heard at $1,050 per tonne ex...Read More

Hot-rolled coil in the India's domestic market continues to sell at discount of 3,000-3,500 ($40-47) rupees per tonne compared with mill pricing.Domestic HRC producers' prices, however, were stable this past week despite the price undercutting.Fastmarkets assessed steel HRC, domestic ex-warehouse India at 67,000-68,500 rupees per tonne on Friday July 16, unchanged from the previous week....Read More

Uranium Outlook: Ready for lift off at lastSPONSOREDGalan Lithium rides electric vehicle revolutionSPONSOREDgalan lithiumGlobal Atomic is shipshape and in weather for plain sailingSPONSOREDglobal atomicDenison aims for 2022 live ISR field test at PhoenixSPONSOREDdenison minesPilbara iron ore shipments were 76.3 million tonnes, down 2% over the previous quarter and down 12% year-on-year.Read More