Import prices for rebar in Singapore are likely to increase significantly in the near term following surges in steelmaking raw material prices, market sources told Fastmarkets MB. Market participants expect major rebar producers to increase their offers to Singapore buyers on rising ferrous scrap and iron ore prices.New offers for containerized heavy melting scrap 1&2 (80:20) into Taiwan are expec...Read More
Iron ore futures in China surged on Monday February 11, with the most-traded contract opening 8% above the last settlement price with the return of Chinese market participants from a week-long break.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,870 yuan ($574) per tonne, up 40 yuan per tonneMay hot-rolled coil: 3,757 yuan per tonne, up 38 yuan per tonneDalian Comm...Read More
China's rebar prices increased on Monday February 11 in both the domestic and export markets amid higher billet and futures prices. Domestic Eastern China (Shanghai): 3,830-3,880 yuan ($568-575) per tonne, up 120-130 yuan per tonneNorthern China (Beijing): 3,800-3,830 yuan per tonne, up 90-100 yuan per tonneBillet prices rose after futures opened higher, leading to bullish sentiment...Read More
Key data from the pricing sessions in London and New York on Monday February 11.United States US prices drifted downward by $0.02 per lb on the low end for domestic silicon, grade 553, free carrier, to $1.14-1.18 per lb, on plentiful supply, with offers reported at $1.14 per lb and sales at $1.16 per lb. Spot buying was even more limited than is typical in January because so many market participan...Read More
High manganese ore prices since 2017 have enabled South African manganese miner Tshipi to generate significantly higher cashflow than expected, allowing for dividends in excess of the initial capital cost to develop the mine.For the second half of 2019, Tshipi has declared a dividend of 1.1 billion rand, its owner - Jupiter Mines - has announced. The mine will continue to produce 3 million tonnes...Read More
The European antimony market was quiet in the week ended Friday February 8, with Chinese market participants still away for the Lunar New Year holiday.Fastmarkets' price assessment for trioxide-grade antimony, in-warehouse Rotterdam, was stable week on week on Friday at $7,800-8,000 per tonne.The price for MMTA standard-grade II antimony, in-warehouse Rotterdam, was also unchanged on February 8 at...Read More
China's return to the market after a week-long break for Lunar New Year has not brought with it a rush to restock and that has led to some disappointed selling across the base metals traded on the London Metal Exchange, with the complex down by an average of 0.9% this morning, Monday February 11.The three-month zinc price led the decline with a 2% drop, while the three-month tin price was down by...Read More
Cobalt buyers held back as much as they could last week as prices continued to fall, with good availability of cut cathode creating the expectation that cheaper prices will still be available in the coming weeks."There's still a lot being offered - it's just relentless. It's a massive buyers' market," a trader source said. Fastmarkets' benchmark standard-grade cobalt price assessment stood at $17....Read More
Ammonium paratungstate (APT) and ferro-tungsten prices were unchanged in Europe last week with China away from the market for a one-week holiday. The benchmark ammonium paratungstate price was unchanged at $260-270 per mtu on Friday February 8 - a price level it has maintained for the past five weeks with little spot business being transacted. "It's been quiet on the consumer...Read More
Major steel mills in China have concluded their ferro-silicon tenders for February, which have fallen again month on month on weak demand and oversupply, sources in China said. Both Hebei Steel, the country's largest mill, and Jiangsu Shagang last week released tender purchase prices for ferro-silicon delivered in February. Hebei Steel's latest tender price is 6,290 yuan ($932.32) per tonne for Fe...Read More
China’s...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 publish...Read More
New Year rebound momentum may have...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
Aluminium The LME three-month aluminium price continued to...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 dow...Read More
Copper on the rise but still...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 i...Read More
Stock falls continue despite low...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...Read More
Nickel prices caught the electric vehicles (EV) bug...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 la...Read More
Tin’s rally decelerates The...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...Read More
Technical support found Zinc prices remain...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 issu...Read More
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
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