The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt...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 been e...Read More
Key data from the Friday October 16 pricing session in Shanghai. Key drivers Export price jumps after deals were concluded within the new range. Offers above the latest range were also heard. Domestic market continues to strengthen, which is lending support to the export market. Chinese producers are holding back...Read More
Citic Metal, the exclusive sales agent in China for ferro-niobium from Companhia Brasileira de Metalurgia e Minera????o, has maintained its quarterly price for October-December at 205,000-225,000 yuan ($30,562-33,544) per tonne, flat quarter on quarter, market sources told Fastmarkets. The latest price is equivalent to around $47-51.59 per kg, according to Fastmarkets' calculations. Fastmarkets do...Read More
Hebei Steel, China's second-largest steel mill, has finalized its purchase price for October-delivery silico-manganese at 6,130 yuan ($914) per tonne, market participants told Fastmarkets on Monday October 19. The latest price is 200 yuan per tonne lower than the mill's purchase price of 6,330 yuan per tonne for September-delivery cargoes. The price from Hebei Steel, which is for cargoes delivered...Read More
Magna International (MG), a TSX 60 stock moved above $71.00 extending an intermediate uptrend. Pre-opening Comments for Tuesday October 20thU.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade. Index futures responded to renewed hopes for a fiscal stimulus package.Index futures were virtually unchanged following release of September U...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
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
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