Base Metal Stock Articles

Market Summary: Optimism to start the new year

08 January 2019 / Staff reporter

Optimism...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: China the key

08 January 2019 / Staff reporter

Trade war the biggest external risk...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 so...Read More

Technical analysis: Trying to rebound

08 January 2019 / Staff reporter

Aluminium The three-month LME aluminium price has staged...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: Most downside risks already discounted

08 January 2019 / Staff reporter

Copper supported by PBOC and 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

Lead: Slow start, but plenty of promise

08 January 2019 / Staff reporter

Lead market remained in a...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

Nickel: Bulls starting to come back

08 January 2019 / Staff reporter

Stainless review and 2019 outlook The final months...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 lat...Read More

Tin: Supply tightness set to drive prices higher

08 January 2019 / Staff reporter

Stable start to 2019 In contrast...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

Zinc: Negative themes overdone

08 January 2019 / Staff reporter

Modest price rebound underway Zinc 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 issue...Read More

Base metals investment analysis: Risks moving to the upside, but when to dive back in?

08 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

Demand Indicators: January 8 2019

08 January 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

Rebounds pause while market participants await further developments

08 January 2019 / Staff reporter

Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, Tuesday January 8. Tin was unchanged, while the rest were down between 0.1% for copper and lead and 0.7% for aluminium, with zinc and nickel off by 0.6% and 0.5% respectively. The three-month copper price was recently quoted at $5,909 per tonne.Volume across the complex has been average with 5,0...Read More

Tech Talk for Tuesday January 8th 2019

08/01/2019 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points in pre-opening trade. The Canadian Dollar was virtually unchanged at 75.21 U.S. following to release of the Canadian November Trade Balance Report. Consensus was an increase in the deficit to $1.96 billion from $1.17 billion in October. Actual was a deficit of $2.06 billion.Jefferies downgraded several money...Read More

GLOBAL BILLET WRAP: Price slump persists in most markets, demand sluggish

January 07, 2019 / Staff reporter

Steel billet prices in major global markets were either unchanged or softened further during the week ended Friday January 4, amid the continued slowdown in the rebar and scrap markets and with billet demand yet to recover from the 2018 year-end lull.AsiaImport prices in Southeast Asia moved downward, under pressure from lower offers and bids, although trading activity appeared to be picking up.Mo...Read More

GLOBAL BILLET WRAP: Price slump persists in most markets, demand sluggish

January 07, 2019 / Staff reporter

Steel billet prices in major global markets were either unchanged or softened further during the week ended Friday January 4, amid the continued slowdown in the rebar and scrap markets and with billet demand yet to recover from the 2018 year-end lull.AsiaImport prices in Southeast Asia moved downward, under pressure from lower offers and bids, although trading activity appeared to be picking up.Mo...Read More

IN CASE YOU MISSED IT: 5 key stories from January 4

January 07, 2019 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday January 4 that are worth another look.The benchmark for the supply of aluminium to main Japanese ports in the first quarter of 2019 has settled in a premium range of $83-85 per tonne cif over the London Metal Exchange price, the lowest level in more than two years, sources directly involved in the negotiations disclosed to F...Read More

IN CASE YOU MISSED IT: 5 key stories from January 4

January 07, 2019 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Friday January 4 that are worth another look.The benchmark for the supply of aluminium to main Japanese ports in the first quarter of 2019 has settled in a premium range of $83-85 per tonne cif over the London Metal Exchange price, the lowest level in more than two years, sources directly involved in the negotiations disclosed to F...Read More

Metals start the week in buoyant mood, but can it last?

07 January 2019 / Staff reporter

Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.2% this morning, Monday January 7, with copper recently quoted at $5,937 per tonne – this after average gains of 1.5% last Friday. Volume across the complex has been average with 5,995 lots traded as at 7.15am London time. In the precious metals this morning, gold prices are off their highs...Read More

Tech Talk for Monday January 7th 2019

07/01/2019 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in early trade.General Electric (GE $) is expected to open higher on reports that the company is in talks to sell its jet leasing unit to Apollo.Eli Lilly dropped $3.27 to $111.39 and Loxo Oncology gained $90.88 to $230.75 after Eli Lilly offered to purchase Loxo for $235 per share cash. Value of the deal is esti...Read More

TURKEY FLAT STEEL WRAP: Price rises not likely with weak local demand

January 06, 2019 / Staff reporter

Demand for flat steel in Turkey is expected to remain slow throughout January, and prices are not expected to increase because global flat steel prices are falling, market participants told Fastmarkets on Thursday January 3.Local producers have filled their order books until late February, they added.The price falls in December resulted in part from weak demand in the local market as well as the h...Read More

Strong demand pushes Turkish flat steel exports up 139% in Nov 2018

January 06, 2019 / Staff reporter

Turkey's flat steel export volumes rose by 139.17% year on year in November, according to the latest data from the Turkish Statistical Institute (TUIK).The reason for the increase in export volumes was strong overseas demand, especially in Europe, as well as weak domestic demand in Turkey, market participants told Fastmarkets.Additionally, export prices for Turkish flat steel products were highly...Read More

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