Recent News

Brazilian slab export prices flat amid continued focus on US

November 03, 2018 / www.metalbulletin.com

Slab export prices in Brazil remained unchanged this week, with steelmakers still working out their offers for January shipments.Fastmarkets MB's weekly export price assessment for slab in Brazil was $505-515 per tonne fob on Friday November 2, the same as a week earlier.The past week has...Read More

South America flat steel import prices fall on lower offers from China, CIS

November 03, 2018 / www.metalbulletin.com

Import prices for hot-rolled coil, cold-rolled coil and plate in South America fell this week on lower offers and worsening sentiment among buyers.Fastmarkets MB's weekly import price assessment for HRC in South America was $560-570 per tonne cfr on Friday October 2, down $30 per tonne from $590-600 per tonne cfr a week earlier.The Fastmarkets import price assessment for CRC was $610-635 per tonne...Read More

Flat Steel Products Trade Log, November 1, 2018

November 03, 2018 / www.metalbulletin.com

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.Latest transactions: HRC, CRC, HDG, PPGIHot-rolled coilTurkey, domestic, hot-rolled coil, offered at $540-545 per tonne ex-works, December production.Russia, export, hot-rolled coil, offered at...Read More

FASTMARKETS NON-FERROUS PRICE CHANGES 02/11: Noble alloys, bulk alloys & ores

November 03, 2018 / www.metalbulletin.com

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday November 2:Noble alloysFerro-vanadium basis 78% min, free delivered duty paid, $/kg: $117.00-120.00 per kg from $115.00-119.00Ferro-vanadium US 70-80% V, $/Ib: $54.00-55.50 per Ib from $53.50-55.50Vanadium pentoxide min 98%, in-warehouse Rotterdam, $/lb: $26.50-27.50 per Ib from $26.00-26.50Bulk alloysFerro-ch...Read More

GLOBAL LITHIUM WRAP: China's battery-grade lithium carbonate prices stabilize

November 03, 2018 / www.metalbulletin.com

China's domestic spot battery-grade lithium carbonate prices stabilized this week, after last week's producer hikes brought an end to a year-long downturn. Some small orders were concluded at higher levels, but major buyers completed their purchasing earlier in October at cheaper prices, sources said. Lithium hydroxide prices remained stable on slow buying. ?EUR? Battery-grade lithium ca...Read More

Trade log November 2018: Lithium

November 03, 2018 / www.metalbulletin.com

Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per tonne on an ex-works China basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets price assessment for lithium carbonate min 99.5% Li2CO3 battery grade, spot price range, ex-works China, yuan per tonne. Fa...Read More

EUROPEAN MORNING BRIEF 02/11: Global silico-manganese supply; South Africa manganese ore production grows; US ferrous scrap export price rises on Turkish sale

November 03, 2018 / www.metalbulletin.com

Good morning from Fastmarkets MB's offices in Asia, bringing the latest news and pricing stories on Friday November 2. Base metals prices on the Shanghai Futures Exchange were largely supported by positive sentiment during Asian morning trading, after the Chinese authorities pledged preemptive and prompt actions on...Read More

WEEKLY SCRAP WRAP: Turkey leads global price increases; Asia bucks trend

November 03, 2018 / www.metalbulletin.com

Ferrous scrap prices in most parts of the world were firm in the week ending on Friday November 2, with healthy demand in the key import market of Turkey supporting global prices.But prices in Asia weakened because steel mills in Vietnam and Taiwan held back from purchasing ferrous scrap due to fierce price competition in the downstream billet and long steel markets.Turkey importsTurkish steel mil...Read More

UK SCRAP: UK prices follow Turkey's upward trend

November 03, 2018 / www.metalbulletin.com

Prices for light iron scrap in the United Kingdom moved up by ?5 per tonne this week, due to material tightness and an increase in Turkish scrap prices, sources told Fastmarkets MB on Friday November 2.Fastmarkets' weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant basis moved up by ?5 per tonne to ?90-120 ($116-155) per tonne on Friday November 2, from ?85-115 per tonn...Read More

INDIA IMPORT SCRAP: Trading on hold until after Diwali

November 03, 2018 / www.metalbulletin.com

The price of shredded ferrous scrap imported into India was stable this week, with traders waiting until after the Diwali religious festival to resume transactions, sources told Fastmarkets on Friday November 2.Fastmarkets' weekly index for containerized imports of shredded scrap into India was $355.52 per tonne cfr Nhava Sheva on November 2, down only slightly from $355.67 per tonne cfr Nhava She...Read More

DAILY SCRAP REPORT: Prices steady after Turkish mills return to market

November 03, 2018 / www.metalbulletin.com

Turkish steel mills resumed their deep-sea scrap purchases on Friday November 2 after a short break, with prices remaining firm.A Baltic Sea supplier was offering 30,000-35,000 tonnes of HMS 1&2 (95:5) at $345 per tonne on November 1; a steel mill in the Iskenderun region booked the cargo at $342 per tonne...Read More

IRON ORE DAILY: Further futures retreat weighs on market prices

November 03, 2018 / www.metalbulletin.com

China's iron ore futures fell further on Friday November 2, dragging down prices and the amount of physical trading activity.MB 62% Fe Iron Ore Index: $73.97 per tonne cfr Qingdao, down by $1.28 per tonne.MB 62% Fe Pilbara Blend Fines Index: $73 per tonne cfr Qingdao, down by $1.28 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $76.96 per tonne cfr Qingdao, down by $1.20 per tonne.MB 58% Fe Premi...Read More

Trade log November 2018: Cobalt

November 03, 2018 / www.metalbulletin.com

Cobalt trade log including business, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Metal Bulletin prices Click here for Fastmarkets MB's price assessment for low-grade cobalt, in-warehouse, $ per lb Click here for...Read More

FASTMARKETS NON-FERROUS PRICE CHANGES 02/11: Minor metals

November 03, 2018 / www.metalbulletin.com

The following Fastmarkets minor metals prices changed on Friday November 2:Minor metalsBismuth MB China domestic, yuan/tonne: 48,000-51,000 yuan per tonne from 49,000-51,500 yuanChromium MB free market alumino-thermic, $/tonne: $10,800-11,500 per tonne from $10,700-11,500Cobalt Sulfate,...Read More

MINOR METALS MARKET REPORT 02/11: Manganese prices fall on thin spot activity; oversupply puts pressures on bismuth

November 03, 2018 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

CHINA MINOR METALS REPORT 02/11: Gallium price drops on persistent weak demand; tellurium up on active buying

November 03, 2018 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

EUROPE STAINLESS STEEL: Transaction prices fall further as competition for share continues

November 03, 2018 / www.metalbulletin.com

European transaction prices for grade-304 cold-rolled (CR) stainless steel sheets decreased further this week with competition between European and Asian material continuing.Fastmarkets' weekly price assessment for the material fell to ?,?2,180-2,240 ($2,480-2,549) per tonne delivered on Friday November 2, down by $20-60 per tonne.https://www.metalbulletin.com/My-price-book.html?price=43619Meanwhi...Read More

CHINA NICKEL BRIQUETTE SNAPSHOT: Premium slides on weakening demand in batteries, stainless sectors

November 03, 2018 / www.metalbulletin.com

Key data from the Tuesday October 30 pricing session in Shanghai. Key drivers - Battery demand weakened slightly in the Chinese market over October, and it sent ripples into battery raw materials, including nickel briquette. - Both duty-free and duty-paid nickel briquette is abundant in the Chinese domestic market. - Nickel briquette has also been affected by weak demand from the stainless steel s...Read More

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 02/11

November 03, 2018 / www.metalbulletin.com

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday November 2:Aluminium scrapFloated Frag: ?,?990-1,050 per tonne from ?,?1,000-1,050Aluminium ingotDuty paid...Read More

Asian scrap prices fall further amid weak demand for downstream products

November 03, 2018 / www.metalbulletin.com

Ferrous scrap prices in Asia continued to trend downward this week amid intense competition in the downstream billet and long steel markets."The low prices in those markets are resulting in weaker price ideas for ferrous scrap in Asia," a Japanese trader told Fastmarkets MB on Friday November 2.The bearish sentiment is expected to persist for the short term and drive down ferrous scrap import pric...Read More

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