Some secondary aluminium alloys and smelter-grade scrap prices in the United States have continued to step lower....Read More
The US Midwest aluminium premium has stayed flat to start this week - while sellers attempt to push the premium over 21 cents per lb, buyers are not in need of spot P1020. ...Read More
The latest metal markets news and price moves to start the North American day on Tuesday August 7....Read More
China's imposition of a 10% tariff on US lead concentrate imports is likely to pose difficulties for its already beleaguered smelting industry, as well as its intended target, American miners. ...Read More
Car production in Argentina increased by 8.6% year on year in July, on the back of a growth in exports, according to national automotive association Adefa....Read More
Metal Bulletin is proposing to change the publication day of its Argentina domestic steel price assessments to better reflect trading fundamentals and to align monthly price movements....Read More
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. ...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. ...Read More
The latest bids, offers and deals in the global markets for steel billet, slab and bloom. ...Read More
Low-grade manganese ore prices continued to slide in the week ended Friday August 3, with currency moves and high stocks knocking demand....Read More
European vanadium prices softened in the week to Friday August 3 amid profit-taking in a slowed summer market, while the US and Chinese markets continued to be supported by tight supplies....Read More
Following a lackluster start to the trading week, the three-month base metals prices on the London Metal Exchange were mostly stronger on the morning of Tuesday August 7 amid bouts of bargain hunting, with the complex up by an average of 0.3%. Aluminium and nickel bucked the general strength, with prices off by 0.4% and 0.3% respectively, but the rest were firmer; copper, nickel and tin were up by...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday August 7.Base metals prices on the Shanghai Futures Exchange were mostly up during morning trading on Tuesday, with nickel outperforming the rest of the complex with a gain of 1.7%.Check Metal Bulletin's live futures report here.Global aluminium producer Alcoa has filed a number of pro...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade.Marriott International dropped $3.53 to $125.75 after reporting lower than consensus second quarter revenues.Mosaic (MOS $30.10) is expected to open higher after reporting higher than consensus second quarter earnings. The company also raised its guidance. Bausch Healthcare, formerly Valia...Read More
Physical iron ore traded at steady or higher prices on Tuesday August 7, with seaborne activity limited amid buyer caution over the 62% Fe price approaching $70 per tonne....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
The seaborne coking coal spot market appears to be gaining further support on Tuesday August 7, with a cargo of premium hard coking coal fetching a higher price than previously on Global Coal. ...Read More
China's ferrous futures were subdued during morning trading on Tuesday August 7, with both steel and steelmaking raw materials contracts ending the session lower on cooling sentiment. ...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday August 7*...Read More
China's domestic hot-rolled coil prices remained relatively high despite moving in opposite directions on Tuesday August 7 amid expectations of a drop in supply in the near future, while export prices continued to decline amid sparse trading....Read More