Here are five Fastmarkets stories you might have missed on Monday November 2 that are worth another look.Turkey produced 25.93 million tonnes of crude steel in January-September 2020, a 2.59% year-on-year increase from 25.28 million tonnes in the same period of 2019, the Turkish Steel Producers' Association (T???oeD) said on November...Read More
The three-month aluminium price on the London Metal Exchange was subject to strong afternoon buying before the close of trading on Monday November 2.The upward momentum was broadly incongruous with a strong US dollar index ahead of the country's presidential election this week, while zinc followed higher in a mixed close for LME base metals.Aluminium's outright price closed at $1,866 per tonne on...Read More
China's copper industry is bracing itself for another ban on raw materials imports after escalating trade tensions with Australia led to reports of the potential cessation of trade in the red metal between the two nations.A report in the daily South China Morning Post newspaper cited multiple unnamed sources who claimed that a ban on imports of Australian copper ores and concentrate...Read More
Here are five Fastmarkets stories you might have missed on Monday November 2 that are worth another look.Turkey produced 25.93 million tonnes of crude steel in January-September 2020, a 2.59% year-on-year increase from 25.28 million tonnes in the same period of 2019, the Turkish Steel Producers' Association (T???oeD) said on November...Read More
China's copper industry is bracing itself for another ban on raw materials imports after escalating trade tensions with Australia led to reports of the potential cessation of trade in the red metal between the two nations.A report in the daily South China Morning Post newspaper cited multiple unnamed sources who claimed that a ban on imports of Australian copper ores and concentrate...Read More
Seaborne prices for both low-and high-grade manganese ore in China ticked down further in the week to Friday October 30, with falling portside ore prices and rising portside inventories continuing to weaken domestic market sentiment and buying appetite, sources said.Fastmarkets manganese ore index 37% Mn, cif Tianjin fell by 4 cents - or 1% - to $3.88 per dmtu on Friday November 2.Fastmarkets mang...Read More
The latest data for the global manganese ore market for the week ended November 02, 2020.Read More
Here are five Fastmarkets stories you might have missed on Monday November 2 that are worth another look.Turkey produced 25.93 million tonnes of crude steel in January-September 2020, a 2.59% year-on-year increase from 25.28 million tonnes in the same period of 2019, the Turkish Steel Producers' Association (T???oeD) said on November...Read More
China's government has launched a new energy vehicle (NEV) industry development plan to run from 2021 to 2035 in order to promote and stimulate high-quality, sustainable development of China's new energy automotive industry, according to an official announcement on Monday November 2.China's government has continued its efforts to support and stimulate the development of the NEV industry, and the l...Read More
Turkish steel producers remained largely quiet in the deep-sea scrap market on Monday November 2, awaiting clarity over the price direction after a national holiday halted trade in the middle of last week.After the public holiday on Wednesday and Thursday October 28-29, a powerful earthquake struck the Izmir region on Friday October 30, resulting in at least 91 deaths and injur...Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Monday November 2, with the short-term outlook uncertain with much of Europe moving into tighter lockdowns, while China's new five-year plans look supportive, as does the economic data out of China and Japan this morning. Japan and China report stronger manufacturing purchasing managers inde...Read More
China's government has launched a new energy vehicle (NEV) industry development plan to run from 2021 to 2035 in order to promote and stimulate high-quality, sustainable development of China's new energy automotive industry, according to an official announcement on Monday November 2.China's government has continued its efforts to support and stimulate the development of the NEV industry, and the l...Read More
Belgian battery-materials manufacturer Umicore expects a solid performance in 2020 despite unprecedented and challenging market conditions amid the global Covid-19 pandemic, the company said on Monday November 2. Umicore anticipates its full-year adjusted earnings before interest and taxes (Ebit) to be in the range of ?,?465-490 million ($542-571 million) on the condition that the ongoing spread o...Read More
Here are five Fastmarkets stories you might have missed on Monday November 2 that are worth another look.Turkey produced 25.93 million tonnes of crude steel in January-September 2020, a 2.59% year-on-year increase from 25.28 million tonnes in the same period of 2019, the Turkish Steel Producers' Association (T???oeD) said on November...Read More
Turkey produced 25.93 million tonnes of crude steel in January-September 2020, a 2.59% year-on-year increase from 25.28 million tonnes in the same period of 2019, the Turkish Steel Producers' Association (T???oeD) said on Monday November 2.This production figure placed Turkey as the seventh biggest steel producer in the world this year, exceeding Germany, which held the position in 2019.Turkey pro...Read More
Domestic hot-rolled sheet steel prices in Russia's Central Federal District around Moscow have remained largely stable over the past seven days despite bullish moves by some producers, while the cold-rolled sheet price inched upward on tight availability, sources told Fastmarkets on Monday November 2.Hot-rolled sheetBuyers were cautious about further price rises in the hot-rolled sheet sector beca...Read More
Prices for domestic and imported merchant bar quality (MBQ) steel in the United States remained flat in the face of steadily rising demand from the construction industry in the West and the South as well as service centers rebuilding their inventories.Fastmarkets' monthly assessment for steel bar 2 x 2 x 1/4 -inch angle merchant products, fob mill US held steady at $35.30 per hundredweight ($706...Read More
CIS exporters of steel rebar and wire rod have turned bullish following the recent uptick in long steel prices globally, and have increased their offer prices to foreign customers, Fastmarkets heard on Monday November 2.Russia-origin rebar was available at $460-463 per tonne fob late last week, sources told Fastmarkets.Ukraine-origin material was offered to customers in various destinations, such...Read More
Domestic steel rebar prices in Russia's Central Federal District around Moscow were mostly stable over the past seven days to Monday November 2 despite producers pushing for higher prices for November deliveries, sources told Fastmarkets. Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia remained at 40,000-41,000 roubles ($503-516) per tonne...Read More
Turkish steel producers remained largely quiet in the deep-sea scrap market on Monday November 2, awaiting clarity over the price direction after a national holiday halted trade in the middle of last week.After the public holiday on Wednesday and Thursday October 28-29, a powerful earthquake struck the Izmir region on Friday October 30, resulting in at least 91 deaths and injur...Read More