The latest metal markets news and price moves to start the North American day on Wednesday August 15....Read More
Base metals' prices on the London Metal Exchange were broadly lower during morning trading on Wednesday August 15, pressured by a new surge in the US dollar index while the fallout of Turkey's weak currency continues to distress commodity investment....Read More
The crisis between the United States and Turkey has had its most marked effects on the long steel market in the Middle Eastern country, where deals are made in Turkish lira....Read More
Pakistan, Turkey and India have been identified as the UK's fastest-growing export partner nations for iron and steel products, according to new research....Read More
Morocco's ministry of industry, investment and commerce has started an investigation into whether to extend the application of an import duty on rebar and wire rod shipments....Read More
Domestic prices for steel beams in Europe were flat this week due to the summer break keeping the market quiet, but there could be an increase in prices soon, sources told Metal Bulletin on Wednesday August 15....Read More
Prices for domestic hollow steel sections made in Europe remained stable this week due to a lack of trading in the summer holiday lull, sources told Metal Bulletin on Wednesday August 15....Read More
Prices for rebar produced and delivered in Northern Europe have remained stable over the past week, due to low market activity amid religious holidays in several countries in the region, sources told Metal Bulletin this week....Read More
Molybdic oxide prices in Europe dropped in the midweek pricing session following a 3% drop in both oxide and alloy markets the week before, with slow trading encouraging lower offer prices, sources told Metal Bulletin. ...Read More
Key data from the Wednesday August 15 pricing session in Europe. ...Read More
The following Metal Bulletin noble alloys and ores prices changed on Wednesday August 15:...Read More
Spot port manganese ore prices in China recovered last week due to positive market sentiment, further supported by spikes in ferro-alloys futures prices.Metal Bulletin's 37% manganese ore index cif Tianjin, rose by 0.6% week on week to $6.39 per dry metric tonne unit on Friday August 10. The index had been steadily falling over the previous three weeks from a July peak of $6.86 per dmtu on July 13...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Wednesday August 15.Base metals prices on the Shanghai Futures Exchange continued to slide during morning trading on Wednesday, following disappointing Chinese economic data that heightened concerns over slowing growth in the world's second largest economy.Check Metal Bulletin's live futures r...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points in pre-opening trade. Trade war fears have resurfaced.Index futures were virtually unchanged following release of economic news released at 8:30 AM EDT. Consensus for July Retail Sales was an increase of 0.1% versus a revised gain of 0.2% in June. Actual was an increase of 0.5%. Excluding auto sales, consens...Read More
Exports of pig iron from Brazil fell 52.53% year-on-year in July, pressured by reduced demand from the United States....Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More
Physical iron ore prices continued to soften on Wednesday August 15, with wider discounts being reported for prompt seaborne cargoes....Read More
The seaborne coking coal spot market quietened down on Wednesday August 15 in the absence of new offers and bids, with participants staying on the sidelines for a clearer trend to emerge. ...Read More
Coal exports from Australia's metallurgical coal hub of Queensland were largely unchanged in July compared a year earlier. ...Read More
Mining stock prices fell sharply on Wednesday August 15 alongside a record decline on the London Metal Exchange....Read More