Sentiment in Turkey's flat steel market remained negative over the week ending Friday October 12, but some prices managed to increase, sources told Fastmarkets.Turkish producers were offering flat steel for late November and early December production, with several bookings heard.Domestic pricesProducers have been offering hot-rolled coil (HRC) to the domestic market at $570-580 per tonne ex-works,...Read More

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 $570-580 per tonne ex-works, late November-early December production.Turkey, domestic, hot-r...Read More

Key data for the pricing session in the week ending Friday October 12. China  China's domestic spot markets for ferro-chrome and UG2 chrome ore were relatively quiet in the first week after the national holiday, which ran October 1-7. Offers for imported charge chrome rose but liquidity...Read More

The following Fastmarkets noble alloys, bulk alloys and ores prices changed on Friday October 12:Noble alloysMolybdenum Europe drummed molybdic oxide, $/lb: $12.00-12.15 per lb from $11.90-12.10Ferro-molybdenum basis 65% min, in-warehouse Rotterdam, $/kg Mo: $29.00-29.40 per kg from $28.75-29.00Ferro-vanadium US 70-80% V, $/Ib: $51.00-53.00 per Ib from $48.00-51.50Vanadium pentoxide min 98%, in-wa...Read More

Chilean lithium producer SQM has asked the country's antitrust regulator to reconsider a decision that would see a 24% stake in SQM being sold to a rival producer, because it could give it access to commercially sensitive information. SQM filed a motion on Wednesday October 10 asking the Tribunal de Defensa de la Libre Competencia (TDLC) to rethink its earlier decision, which approved a deal agree...Read More

Domestic Chinese battery-grade lithium carbonate and hydroxide prices softened on Thursday October 11 due to lower concluded prices after the Golden Week national holiday on October 1-7. Cheaper lithium compounds produced from brine in China keep dragging spot prices down while suppliers of lithium compounds produced from hard rock are resisting lower bids. The Chinese lithium carbonate price...Read More

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. Fastmar...Read More

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Friday October 12.Base metals prices on the Shanghai Futures Exchange were mostly up during Asian morning trading on Friday October 12, with the weakening dollar supporting investor confidence.  Check Fastmarket MB's live futures report here.Codelco's Chuquicamata division will be&nb...Read More

The level of activity in the United States' pig iron market was lower than market sources expected after the recent scrap price increase because buyers replenished their stocks several weeks ago, Fastmarkets heard on Friday October 12.Last week, the only deal heard was for Southern Brazilian pig iron with high phosphorous content, at $373-375 per tonne cfr.Fastmarkets' price assessment for US impo...Read More

Pig iron suppliers in the south of Brazil have resumed their export sales after a month of silence, Fastmarkets heard on Friday October 12.Two cargoes were sold at $350 per tonne fob. One was intended for the United States market and the other for Peru, sources believed.Fastmarkets' weekly price assessment for pig iron exports from the south-eastern Minas...Read More

The price for shredded ferrous scrap imported into India inched up this week but trading remained subdued because of the week rupee, sources told Fastmarkets MB on Friday October 12.Fastmarkets MB's weekly index for containerized imports of shredded scrap into India increased to $358.92 per tonne cfr Nhava Sheva on Friday October 12, from $355 per tonne cfr Nhava Sheva one week ago.The import mark...Read More

The Turkish deep-sea scrap market remained quiet on Friday October 12, with market participants in the country focusing their attention on the court decision in the pastor Andrew Brunson case.Turkey's steel and scrap markets are strongly connected to the lira-dollar exchange rate, because mills buy their raw materials in dollar-denominated deals and sell finished goods for lira in local market.And...Read More

Japan-origin H2-grade ferrous scrap re-entered the Vietnamese import market this week because a seller was trying to offload export cargoes in the face of supply pressure. This was despite higher prices in the domestic Japanese market.Taiwanese import scrap prices dipped slightly on thin demand from steel mills, which expect the downstream rebar and sections markets to remain bearish.The overnight...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday October 12*Copper -$130.49 (-904.79 yuan)Aluminium -$450.01 (-3,120.29 yuan) Zinc $34.09 (236.38 yuan) Nickel $214.17 (1,485.02 yuan) *Fastmarkets MB calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month prices...Read More

Seaborne coking coal spot prices moved in opposite directions on Friday October 12 following the emergence of a lower offer in the fob Australia segment, even as a cargo of premium hard coking coal fetched a higher cfr China price.A top Australian brand was traded at $216.50 per tonne cfr China, sources said. This is $0.50 per tonne higher than the last transaction involving the same brand two wee...Read More

The latest metal markets news and price moves to start the North American day on Friday October 12. The prices of base metals on the London Metal Exchange were for the most part higher during morning trading, with prices stabilizing after a mid-week sell-off resulted in Asian equity markets falling to a 19-month low, prompting risk-averse investors to curb buying. While price action across th...Read More

The prices of base metals on the London Metal Exchange were for the most part higher during morning trading on Friday October 12, with prices stabilizing after a midweek sell-off resulted in Asian equity markets falling to a 19-month low and prompting risk-averse investors to curb buying. "Aside from the bearish macro fears, the overriding theme from LME Week has been bullish on the back of the re...Read More

Base metal stocks at Shanghai Futures Exchange-approved warehouses had mixed outlooks, with zinc recording the biggest rise at 48.5% prior to the Golden Week holiday in China on September 28.Deliverable zinc stocks rose 14,169 tonnes or 48.5% in the past two week to 43,373 tonnes as of Friday October 12. ?EUR? This week, warehousing company Qisheng in Shanghai had the most zinc stock moving to its...Read More

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

The following Fastmarkets minor metals prices changed on Friday October 12:Minor metalsBismuth MB free market, $/lb: $3.90-4.40 per lb from $4.00-4.40Bismuth MB China domestic, yuan/tonne: 52,000-53,000 yuan...Read More