Base Metal Stock Articles

CHINA HRC: Tightening supply, improving sentiment push up prices

January 22, 2019 / Staff reporter

China's hot-rolled coil prices maintained their strength on Monday January 21, particularly those in the export market, amid a drop in supply coupled with an improvement in sentiment.DomesticEastern China (Shanghai): 3,660-3,680 yuan ($540-543) per tonne, up 10 yuan per tonneNorthern China (Tianjin): 3,630-3,650 yuan per tonne, widening downward by 10 yuan per tonnePrices were largely stable natio...Read More

Flat Steel Products Trade Log, January 21, 2019

January 22, 2019 / Staff reporter

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: hot-rolled coilHot-rolled coilEast China, domestic, commercial-grade...Read More

Steelmaking Raw Materials Trade Log, January 21, 2019

January 22, 2019 / Staff reporter

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreVale, Global Ore, 96,000 tonnes of 65%...Read More

IRON ORE DAILY: Prices rise amid futures, rebar gains

January 22, 2019 / Staff reporter

Physical iron ore prices continued to advance on Monday January 21 after exceeding $75 per tonne cfr last Friday, following gains in the futures and rebar markets.MB 62% Fe Iron Ore Index: $75.90 per tonne cfr Qingdao, up $0.20 per tonne. MB 62% Fe Pilbara Blend Fines Index: $76.74 per tonne cfr Qingdao, up $0.20 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $77.14 per tonne cfr Qingdao, up $0....Read More

COKING COAL DAILY: Thin trading keeps seaborne market largely stable

January 22, 2019 / Staff reporter

The seaborne coking coal market had a quiet start to the week, with many participants holding out for more transactions to emerge to set the tone for prices.Some 25,000 tonnes of a premium mid-vol product were traded at $193 per tonne fob Australia, market sources told Fastmarkets on Monday January 21. Chinese market participants are taking a break from procuring seaborne materials because "we are...Read More

Seaborne iron ore concentrate, pellet prices rangebound on limited demand

January 22, 2019 / Staff reporter

The seaborne iron ore concentrate and pellet markets were little changed in the week ending Friday January 18, mainly due to limited buying activity in China.ConcentratesThe weekly MB 66% Fe Iron Ore Concentrate Index stood at $92.89 per tonne cfr China last Friday, up by $0.25 per tonne from January 11.The daily MB 65% Fe Iron Ore Index averaged $88.34 per tonne cfr China last week, compared with...Read More

China AM: Ferrous futures soften after release of industrial data

January 22, 2019 / Staff reporter

China's ferrous futures largely declined during morning trading on Monday January 21 amid the release of industrial data by the National Bureau of Statistics (NBS). Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,644 yuan ($538) per tonne, down 9 yuan per tonneJanuary hot-rolled coil: 3,520 yuan per tonne, down 5 yuan per tonneDalian Commodity Exchange January iron...Read More

CHINA REBAR: Prices up on lower sales pressure

January 22, 2019 / Staff reporter

The upward momentum in China's rebar market strengthened on Monday January 21 with sellers being under less pressure to cut their inventories.Domestic Eastern China (Shanghai): 3,700-3,740 yuan ($546-552) per tonne, up 20-30 yuan per tonneNorthern China (Beijing): 3,670-3,700 yuan per tonne, up 40 yuan per tonneRebar futures posted gradual increases over the last few days on positive macroeconomic...Read More

SILICON SNAPSHOT: European, Chinese prices steady ahead of Chinese New Year holiday

January 22, 2019 / Staff reporter

Key data from the pricing sessions in London and Shanghai on Friday January 18. Europe  Grade 441and grade 553 silicon prices in Europe remained unchanged on thin inquiries and sufficient material availability. The market was quiet overall, reinforced by the week-long public holiday in China (February 4-10).  Trading was slow during much of the week, with very little spot business conclu...Read More

GLOBAL ANTIMONY WRAP: Antimony prices edge down; Lunar New Year thins trade

January 22, 2019 / Staff reporter

The global antimony market traded lower in the week ended Friday January 18 with weak demand continuing to weigh on prices.In Europe, Fastmarkets' price assessment for trioxide-grade antimony, in-warehouse Rotterdam, moved down to $7,800-8,000 per tonne on Wednesday January 16 from the previous week's assessment of $7,900-8,100 per tonne and remained unchanged on Friday January 18. Meanwhile, the...Read More

CHINA MAGNESIUM SNAPSHOT: Prices moves up on supply tightness, expected coal shortage

January 22, 2019 / Staff reporter

Key data from the January 18 pricing session in Shanghai. Key drivers - Tight supply of magnesium in China's domestic market.- Growing expectations of coal shortage following an accident at a mine on January 12 in Shaanxi province, one of China's coal production hubs. The mine remains closed after the incident.- Tight...Read More

Market Summary: Encouraging signs continue

22 January 2019 / Staff reporter

Encouraging...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 publishe...Read More

Aluminium: Half-hearted price recovery

22 January 2019 / Staff reporter

Prices limping higher rather than rallying 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

Technical analysis: Consolidation required after recent gains

22 January 2019 / Staff reporter

Aluminium On Friday January 18, the LME aluminium...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...Read More

Copper: Price strength will continue

22 January 2019 / Staff reporter

Copper enjoys some short-covering Copper prices...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...Read More

Lead: Range bound, but not for much longer

22 January 2019 / Staff reporter

Environmental inspections expected to continue...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...Read More

Nickel: Taking a breather

22 January 2019 / Staff reporter

Almost back at $12,000 per tonne Nickel prices...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...Read More

Tin: Higher price warranted

22 January 2019 / Staff reporter

Fundamentals increasingly tight LME tin has...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 iss...Read More

Zinc: Positive developments

22 January 2019 / Staff reporter

Room to rally in the short...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

Base metals investment analysis: Speculators raised shorts early this month, but likely to have covered since

22 January 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

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