Base Metal Stock Articles

Seaborne iron ore concentrate, pellet prices move up with wider market

December 17, 2019 / Staff reporter

Seaborne iron ore concentrate and pellet prices rose along with the wider market for the steelmaking raw material last week, with premiums largely maintaining their stability.ConcentrateThe weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $109.57 per tonne last Friday December 13, up $5.58 per tonne from a week earlier.The daily Fastmarkets index for iron ore 65% Fe B...Read More

GLOBAL ANTIMONY SNAPSHOT: Chinese producers cut offers to generate cash; demand stagnates in Europe

December 17, 2019 / Staff reporter

Key data from the pricing sessions in Asia and Europe in the week to Friday December 13. China Key drivers  The price of antimony, MMTA standard grade II, ddp China recorded of a drop of 2.6% in the week ended December 13 after an increasing number of suppliers slashed offer prices further to promote sales and generate cash.  Widespread pressure to generate cash by the end of the ye...Read More

GLOBAL SILICON SNAPSHOT: US price falls 5% on oversupply; European prices supported by firm offers

December 17, 2019 / Staff reporter

Key data from the pricing sessions in New York, London and Shanghai for the week ended Friday December 13. United States Key drivers  Monthly spot silicon price dropped again, following a brief plateau in November after 19 straight months of decline.  Domestic producers' cuts are being felt, but cheaper imports of silicon metal to the US mean oversupply endures.  Some sources see ri...Read More

Trade log December 2019: Cobalt sulfate

December 17, 2019 / Staff reporter

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5%...Read More

Market Summary: Starting to sow the seeds of recovery

17 December 2019 / Staff reporter

Starting...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.S...Read More

Aluminium: Resilient, rangebound

17 December 2019 / Staff reporter

Trump signed off 'phase one' trade...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soo...Read More

Technical analysis: Trying to rebound

17 December 2019 / Staff reporter

Aluminium The LME three-month aluminium price is testing...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downl...Read More

Copper: Rally fundamentally driven

17 December 2019 / Staff reporter

Copper at its highest since May ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More

Lead: Consolidation, but still vulnerable

17 December 2019 / Staff reporter

Market remained in deficit in...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More

Nickel: Rebound underway

17 December 2019 / Staff reporter

Chinese EV sales rebounded in November... Chinese sales...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download th...Read More

Tin: Dips are a buying opportunity

17 December 2019 / Staff reporter

Unphased by the US-China...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it...Read More

Zinc: Limited price rebound

17 December 2019 / Staff reporter

Zinc bolstered by broader risk-on sentiment ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More

Base metals investment analysis: Partial US-China trade deal may lift fund sentiment

17 December 2019 / Staff reporter

ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More

Demand Indicators:17 December 2019

17 December 2019 / Staff reporter

Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More

Metals prices look well placed to advance, but lack energy

17 December 2019 / Staff reporter

Broader markets are generally still upbeat this morning, Tuesday December 17, with equities in Asia following the lead from western markets on Monday, although the metals are for the most part consolidating.The fact the metals are holding on to recent gains is impressive considering Monday’s flash purchasing managers’ index (PMI) data out across Europe and the United States was generally...Read More

Tech Talk for Tuesday December 17th 2019

17/12/2019 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade.Index futures were virtually unchanged following release of November New Housing Starts. Consensus was an increase to 1.344 million units from an upwardly revised 1.323 million units in October. Actual was 1.365 million units.Johnson & Johnson added $1.71 to $143.50 after Morgan Stanley u...Read More

IN CASE YOU MISSED IT: 5 key stories from December 13

December 16, 2019 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday December 13 that are worth another look.The digitization of the iron ore market took another step forward this week with trader Cargill completing its first e-contract transaction for iron ore with a Chinese steelmaker, Ningbo Iron & Steel.Chinese copper smelter Jiangxi Copper and Zambian blister copper producer Chambishi (CCS) h...Read More

MEIS 2019: Be fair to us, Turkish steelmakers plead [AMENDED]

December 16, 2019 / Staff reporter

Turkey is calling for a level playing field when it comes to trading with the European Union and the United States, Turkish steelmakers said during a panel discussion at Fastmarkets' Middle East Iron and Steel conference in Dubai.Speaking on Tuesday December 10 in a panel discussion about the protectionism Turkish steel faces in its major steel export markets, panelists said they were on...Read More

China's daily crude steel output dips in late November

December 16, 2019 / Staff reporter

Major Chinese steelmakers' daily crude steel output dropped in late November, according to data released by the China Iron & Steel Association (Cisa) on Tuesday December 10.Daily crude steel output November 21-30:...Read More

China's finished steel exports fall in November

December 16, 2019 / Staff reporter

China's finished steel exports decreased on a year-on-year basis in November, according preliminary Chinese customs data released on Sunday December 8.November exports: 4.56 million tonnes...Read More

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