Secondary steel billet prices in the Indian domestic market have fallen this week by at least 300 rupees ($4) per tonne, even though demand has improved for semi-finished steel among finished product makers....Read More
The latest metal markets news and price moves to start the North American day on Thursday July 26....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Friday July 27.Base metals prices on the Shanghai Futures Exchange were little changed to stronger during morning trading on Friday, with easing global trade tensions providing support to the complex. Gains were limited, however, with a firmer dollar ahead of the release of gross domestic prod...Read More
Cobalt traders are taking advantage of pronounced arbitrage opportunities arising out of regional variations in price moves and buying preferences between China and Europe. In seasonally-slow summer trading, such activity has contributed to steep falls in physical prices in the international market in recent weeks. Metal Bulletin assessed low-grade and high-grade cobalt prices at $3...Read More
Base metals on the London Metal Exchange ended the week mostly higher by the close of trading on Friday July 27, propped up by a marginal dip in the US dollar index while broad LME inventory drawdowns push prices higher. ...Read More
Comex copper prices ticked higher in the final session of the week on Friday July 27 morning in the US, amid a softer dollar and easing trade concerns....Read More
Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More
Export prices for Brazil-origin steel slab narrowed upward this week with local producers focusing their offers on markets with higher prices....Read More
Base metals on the London Metal Exchange ended the week mostly higher by the close of trading on Friday July 27, propped up by a marginal dip in the US dollar index while broad LME inventory drawdowns push prices higher. ...Read More
The US Midwest aluminium premium has clawed its way back to higher ground, although market participants are concerned that another US government move on trade tariffs could potentially derail the correction. ...Read More
Comex copper prices ticked higher in the final session of the week on Friday July 27 morning in the US, amid a softer dollar and easing trade concerns....Read More
The latest metal markets news and price moves to start the North American day on Thursday July 26....Read More
Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More
Aluminium Corporation of China's (Chinalco) massive Ningde copper smelter will commence output as early as mid-August, Metal Bulletin has learned....Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Friday July 27*...Read More
Base metal stocks at Shanghai Futures Exchange-approved warehouses were broadly lower week on week on Friday July 27, with zinc stocks falling to their lowest in 10 years....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week....Read More
Prices for imported steel beams into the United States have risen and domestic prices have remained flat month on month, but the market could be due for a correction in the coming weeks, sources said....Read More
Hot-rolled coil prices in the United States have rebounded modestly despite continued concerns among buyers that prices are at or near a peak....Read More
Earnings at Brazilian flat steel and iron ore producer Usiminas dropped by 30.80% year-on-year in the second quarter of 2018, on lower steel production volumes and higher expenses....Read More