Base Metal Stock Articles

COBALT SNAPSHOT: Prices drift lower on oversupply fears; consumers top up

February 05, 2019 / Staff reporter

Key data from the February 1 pricing session in London. Key drivers- Cobalt prices continue to soften, with material from certain metal brands understood to be in adequate supply over the coming months, because they were not committed to long-term supply deals. Benchmark standard-cobalt prices were down by 21.5% in January; alloy-grade prices were down by 23%.- The pace of price declines slowed wh...Read More

GLOBAL ANTIMONY WRAP: Market slows down ahead of Lunar New Year

February 05, 2019 / Staff reporter

The global antimony market was quiet in the week ended Friday February 1 with trading slowing down ahead of the Lunar New Year. Chinese market participants will be largely absent from the market for a week dated February 4-10 for the annual celebration. In Europe, Fastmarkets' price assessment for trioxide-grade antimony, in-warehouse Rotterdam, was stable week on week at $7,800-8,000 per tonne on...Read More

METALS MORNING VIEW 04/02: Metals well placed to extend higher

February 05, 2019 / Staff reporter

Three-month base metals prices on the London Metal Exchange were mixed this morning, Monday February 4, with copper down by 0.4% at $6,116 per tonne and zinc leading on the upside with a 0.6% gain. Aluminium, nickel and lead were all up by 0.2% and tin was little changed.With the Lunar New Year holidays (February 4-10) underway in China and across most of Asia, volume across the LME base metals co...Read More

GLOBAL FERRO-SILICON WRAP: European price at two-year low; Chinese domestic price falls amid low pre-new year trading

February 05, 2019 / Staff reporter

In Europe, the ferro-silicon price fell to lows last seen in February 2017 last week on suppliers competing for business from steelmakers keen to push down their feedstock prices amid weakening underlying consumption; while the domestic Chinese market dropped by 2.4% week on week amid quiet business conditions ahead of Lunar New Year. Chinese domestic and export prices drop European market...Read More

GLOBAL VANADIUM WRAP: Prices largely steady with slight increases on underlying tightness

February 05, 2019 / Staff reporter

Global vanadium prices were stable to slightly firmer in the week ended Friday February 1, underpinned by fundamental tightness albeit with many Chinese players already out for the new year holidays. European vanadium prices firm as sellers see no pressure to destock Chinese markets hold steady while market winds down for Lunar New Year US ferro-vanadium price rises on deal done at high...Read More

Trade log February 2019: Ferro-vanadium and V2O5

February 05, 2019 / Staff reporter

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China. To view the latest price assessments, follow the links below: Europe - Ferro-vanadium, delivered duty-paid in Europe, $ per kg V - Vanadium pentoxide, in-warehouse Rotterdam, $ per lb V2O5 China - Ferro-vanadium, 78% min, fob China, $ per kg V - Vanadium pentoxide, 98% min, fob C...Read More

Asian slab import prices rebound on higher offers

February 05, 2019 / Staff reporter

Import prices for steel slab in Southeast Asia and East Asia increased over the past week amid higher offers after a month-long price decline, although trading activity was sparse due to the wide bid-offer spread.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $430-445 per tonne cfr on Monday February 4, up $15-20 per tonne from a week earlier.One deal...Read More