Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mainly firmer this morning, Monday October 19, supported by economic data out of China, especially the 6.9% rise in industrial production, but gross domestic production (GDP) data came in lower than expected.* China’s GDP climbed by 4.9% in the third quarter, this after a 3.2% rise in the second quarter, it had...Read More
Autodesk (ADSK), a NASDAQ 100 stock moved above $261.94 to an all-time high extending an intermediate uptrend.Gilead (GILD), a NASDAQ 100 stock moved below $61.65 extending an intermediate downtrend. Pre-opening Comments for Monday October 19thU.S. equity index futures were higher this morning. S&P 500 futures were up 25 points in pre-opening trade. Index futures responded to anticipation...Read More
The London Metal Exchange three month copper price continued to decline on Friday October 16, while the three-month prices for nickel and aluminium made small gains over the day.The LME three-month copper price lost 0.7% to close at $6,738 per tonne, after seeing a low turnover of just above 11,300 lots on Friday.LME copper stocks totaled 184,850 tonnes on October 16, up from 73,625 tonnes on Sept...Read More
An overview of the new energy raw materials markets and their latest price moves.Read More
Mining company Rio Tinto has teamed up with construction materials company Lafarge Canada to reuse waste from the aluminium smelting process to make cement. The circular economy initiative - designed to reduce the need to extract other raw materials and create value from waste - comes as mining companies seek ways to operate in a more sustainable manner. Lafarge unit Geocycle Canada has worked wit...Read More
An overview of the new energy raw materials markets and their latest price moves.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 16.Europe Ferro-silicon prices widened over the week as traders cut their offers after fourth-quarter delivery settlements to steelmakers were concluded. The price range widened by ?,?10 per tonne at the lower end, with one...Read More
Mining company Rio Tinto has teamed up with construction materials company Lafarge Canada to reuse waste from the aluminium smelting process to make cement. The circular economy initiative - designed to reduce the need to extract other raw materials and create value from waste - comes as mining companies seek ways to operate in a more sustainable manner. Lafarge unit Geocycle Canada has worked wit...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 16.China The seaborne index for low-grade manganese ore fell after deals were concluded at lower prices due to weak buying interest amid deteriorating market sentiment.The seaborne index for high-grade manganese ore was also undermined by weakening sentiment stemming from...Read More
An overview of the new energy raw materials markets and their latest price moves.Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Read More
Turkish steel mills continued to book deep-sea scrap for November shipments at slightly higher prices in the working week to Friday October 16, easing the oversupply in the United States. Improving buying interest for finished steel supported scrap imports into Southeast Asia.Turkish steel mills replenish scrap stocks on strong export salesTurkish bookings welcomed in US due to oversupplyRecoverin...Read More
The price of shredded scrap imported into India inched upward on Friday October 16 after the downward price trend in the market reversed, sources have told Fastmarkets.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $308.62 per tonne on Friday, up from $305.74 per tonne one week earlier. This was the first upward movement after four consecutive weeks of...Read More
Indonesian authorities have extended the deadline for scrap sellers to comply with new, strict import regulations until the end of the year, leading to a burst of activity in the market, market participants told Fastmarkets on Friday October 16.Rules concerning the registration of scrap exporters to Indonesia came into force on September 30, causing many deals to be canceled because some exporters...Read More
Base metals prices on the LME and the SHFE were mixed this morning, Friday October 16, but overall were holding up well despite growing concern over the spread of Covid-19 across Europe and the United States. Despite the spread of the pandemic the markets seem to be assured that more stimulus will be forthcoming. EU passenger car registrations climbed 3.1% in September, compared with last year, bu...Read More
An overview of the new energy raw materials markets and their latest price moves.Read More
The Chinese battery-grade lithium carbonate price rose for the first time since May 2019 after increased buying last month diminished the availability of cheaper material when market participants returned from the National Day holiday.China's battery-grade lithium carbonate price broke 13 weeks of stability by narrowing up by 1,000 yuan per tonne. China's lithium hydroxide market fell slightly aft...Read More