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PEOPLE MOVES: Stefan Boel joins Industrial Minerals group

October 09, 2018 / www.metalbulletin.com

Stefan Boel, who left German copper smelter Aurubis in July, has joined the Geneva-based commercial group Industrial Minerals, Fastmarkets learned on Monday October 8. ...Read More

LME WEEK 2018: Responsible sourcing proposals ineffective in current form, says Global Witness

October 09, 2018 / www.metalbulletin.com

The London Metal Exchange's position paper on responsible sourcing does not go far enough and its proposals will be ineffective in their current form, according to a campaign leader at Global Witness. ...Read More

LME WEEK 2018: China production slowdown biggest factor for Al despite Rusal headlines - JP Morgan

October 09, 2018 / www.metalbulletin.com

The most constructive supply development for aluminium prices so this year has been the large downgrade in Chinese primary aluminium production, explains Natasha Kaneva, executive director of global commodities research and strategy at JP Morgan. Speaking on the metals debate panel at the London Metal Exchange's seminar, Kaneva said that there were expectations that production growth would increas...Read More

LIVE FUTURES REPORT 08/10: Dollar strength stifles LME base metals prices; aluminium falls 2.7%

October 09, 2018 / www.metalbulletin.com

Base metal prices on the London Metal Exchange were lower across the board during morning trading on Monday October 8, with a strong dollar adding downward pressure to prices and capping recent gains....Read More

ASIAN MORNING BRIEF 09/10: Base metals prices split at start of LME Week in London; Stefan Boel joins Geneva's Industrial Minerals Group; Bob Flynn to retire from Gerald effective January 1

October 09, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Tuesday October 9.Base metal prices on the London Metal Exchange were split at the close of trading on Monday October 8, with some metals caving in to pressure from a stronger US dollar while trade tensions continue to deter commodity investment. Read more in our live futures report.Here are how prices looked at the close of tradi...Read More

Brazilian domestic HRC, CRC prices edge up

October 09, 2018 / www.metalbulletin.com

Brazilian domestic prices of flat steel products went mostly up late last week, while producers attempted to apply new price increases amid currency volatility and an uncertain political scenario....Read More

Turkish steel coil offers to Europe to remain a threat to domestic prices

October 09, 2018 / www.metalbulletin.com

Offers of hot-rolled coil (HRC) to the EU from Turkey will continue to pose a threat to domestic prices, market sources told Fastmarkets on Monday October 8....Read More

Brazilian automotive association rethinks forecasts for 2018 output, exports

October 09, 2018 / www.metalbulletin.com

The Brazilian automotive association, Anfavea, has adjusted its forecasts for production, sales and exports this year, to better reflect rising domestic sales and lower shipments to Argentina....Read More

Major Japanese producer to hike HRC offers for November

October 09, 2018 / www.metalbulletin.com

A leading Japanese steel major will increase its offers for November-shipment hot-rolled coil sold to major buyers in Southeast Asia by $5-10 per tonne cfr from October's offers....Read More

Rebar import prices in Singapore steady amid Chinese holiday

October 09, 2018 / www.metalbulletin.com

Import prices for rebar in Singapore were unchanged over the past week due to limited activity in the market, with China away for its Golden Week marking its national day....Read More

HRC import prices in Vietnam stable on limited activity

October 09, 2018 / www.metalbulletin.com

Import prices for re-rolling-grade hot-rolled coil in Vietnam were stable over the past week amid an inactive market....Read More

APT market quiet with China on holiday; ferro-tungsten maintains decline

October 09, 2018 / www.metalbulletin.com

The European ammonium paratungstate market (APT) was quiet last week, with China away from the market for the national holiday while the ferro-tungsten price continued its downward trend....Read More

Chinese steel mills' ferro-silicon tender prices inch down m-o-m in October

October 09, 2018 / www.metalbulletin.com

Major steel mills in China have concluded their ferro-silicon tenders for October at slightly lower levels than in September, sources in China said. ...Read More

Steelmaking Raw Materials Trade Log, October 8, 2018

October 09, 2018 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More

IRON ORE DAILY: Seaborne prices edge up after Chinese holiday

October 09, 2018 / www.metalbulletin.com

Seaborne iron ore prices picked up some strength on Monday October 8 following the return of Chinese market participants after a week-long holiday to mark China's national day. ...Read More

COKING COAL DAILY: Buyers balk at higher seaborne offers

October 09, 2018 / www.metalbulletin.com

Chinese buyers are taking their time before committing to any seaborne cargoes of coking coal following the emergence of higher offers in the market during China's weeklong holiday marking its national day....Read More

China AM: Steel, coking coal futures rise after Golden Week

October 09, 2018 / www.metalbulletin.com

China's steel and coking coal futures moved up during morning trading on Monday October 8, the first day of trading after a weeklong holiday in the country to mark its national day....Read More

LME WEEK 2018: China seminar recap

October 09, 2018 / www.metalbulletin.com

Over the course of the year, the continuing trade rift between the United States and China has propelled both economies to the forefront of the news cycle....Read More

Cobalt rally slows but prices converge on low-grade tightness [CORRECTED]

October 09, 2018 / www.metalbulletin.com

High and low-grade cobalt prices came back to parity last week in thin trading conditions, with buyers paying up for tightly-available briquettes and broken cathodes. ...Read More

Antimony prices in Europe stable; Chinese holiday causes trade to thin

October 09, 2018 / www.metalbulletin.com

Antimony prices were stable last week in Europe, reflecting a dearth of spot activity and a lack of direction while China was absent from the market for a national holiday....Read More

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