Copper boosted by a positive turn...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
First annual decline in 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 s...Read More
Unpredictable NPI growth... We are forecasting Chinese NPI...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...Read More
Rally intensifies The rally in LME...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
Downbeat data overhangs price sentiment LME zinc prices probed up towards the $2,500 per tonne level last week, before stalling as they encountered significant technical resistance and as global economic indicators continued to weaken. Economic data showed a sharp drop in factory activity in Europe in November. Industrial production in Germany, France and Italy dropped 1.9%, 1.3% and 1.6% respecti...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
Three-month base metals prices on the London Metal Exchange were firmer across the board this morning, Tuesday January 15, with prices up by an average of 0.3%. Bargain hunting stepped in to take advantage of Monday’s price weakness and markets received a confidence boost after China cut some taxes. The three-month copper price on the LME was up by 0.4% at $5,934 per tonne, nickel and le...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 1 point in pre-opening trade. Index futures were supported by a 34.58 point gain by the Shanghai Composite Index to 2,570.34 following a pledge by the Chinese government to lower tax rates. Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for December Producer Price In...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 11 that are worth another look.Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.The pig iron market in the United States was confused by a heavy drop in the...Read More
Buying activity in the major global steel billet markets was sluggish last week due to the post-holiday period. Customers and sellers were assessing the conditions in the market and prices softened further, because some of them placed lower bids and offers amid the lack of support for finished long steel.AsiaThe Southeast Asian billet market was largely stable in the week ended Friday January 11 o...Read More
Buying activity in the major global steel billet markets was sluggish last week due to the post-holiday period. Customers and sellers were assessing the conditions in the market and prices softened further, because some of them placed lower bids and offers amid the lack of support for finished long steel.AsiaThe Southeast Asian billet market was largely stable in the week ended Friday January 11 o...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 11 that are worth another look.Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.The pig iron market in the United States was confused by a heavy drop in the...Read More
Iron ore prices fell sharply in the second half of November after climbing through October, with prices for higher-grade material pioneering the decline.Fastmarkets MB daily benchmark for 65% Fe fines dropped by 22% by Monday November 26 after peaking on October 29. The 62% Fe iron ore index declined by 16% over the period, as some Chinese steelmakers started to seek larger volumes of cheaper ores...Read More
The steel scrap sector in the United States still depends on exports to Turkey, a member of the Fastmarkets research team said during the ferrous session at the Bureau of International Recycling (BIR) conference in London.This dependence persists despite the changes in the international markets created by the US' imposition of its Section 232 tariffs on imports of steel products, metals analyst Le...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 11 that are worth another look.Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.The pig iron market in the United States was confused by a heavy drop in the...Read More
Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, Monday January 14, following the release of weak Chinese trade data.Three-month tin was the only LME base metal in positive territory with a 0.4% gain, while aluminium was little changed and the rest were down between 0.7% for nickel and 1% for zinc – with copper off by 0.8% at $5,911 per t...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points in pre-opening trade. Index futures are responding to a lower than expected trade surplus reported by China.Brrrrrr, it's cold outside. Biggest snow storm during the past two years has hit the U.S. Mid-west and Eastern U.S. Natural gas jumped $0.27 to$3.37 per MBtu.Goldcorp added $1.01 to $10.70 U.S. and New...Read More
Aluminium foundry alloy premiums in Europe and the United States were unchanged this month due to continued sluggish demand, while annual premiums in Asia climbed on uncertainty surrounding sanctions against UC Rusal. European premiums flat on sluggish January demandFoundry premiums in Europe were unchanged month on month with weak demand in the area causing liquidity to dry up.Fastmarkets assesse...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More