Base Metal Stock Articles

CONSUMER ELECTRONICS MARKET REPORT 21/04: China cobalt tetroxide dips on slow buying

April 22, 2021 / Staff reporter

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila Ouerghi...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 21/04: Weak end-user demand, good availability pressure ferro-tungsten price

April 22, 2021 / Staff reporter

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

April 22, 2021 / Staff reporter

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

April 22, 2021 / Staff reporter

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More

Trade log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

April 22, 2021 / Staff reporter

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

April 22, 2021 / Staff reporter

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt hydroxide p...Read More

China's FeCr price downtrend continues despite new production cuts

April 22, 2021 / Staff reporter

The spot ferro-chrome market in China continued its downward trend in the week to Tuesday April 20, despite some newly implemented production cuts in southern parts of the country.Following Inner Mongolia's energy cuts, a couple of other regions issued notices about dual control of energy consumption and intensity in the past week.Some smelters in Guangxi province were heard to have idled their fu...Read More

TITANIUM SNAPSHOT: Alloy market drops to three-month low on slow European trading

April 22, 2021 / Staff reporter

Key data from Fastmarkets' pricing session in Europe on Wednesday April 21. Key driversThe ferro-titanium market drops to its lowest price level since early-January due to a slow demand, with some suppliers accepting weaker offer prices. Busier trading into the United States and Asia and firm scrap prices stemmed steeper losses, sources said.The market is seen finely...Read More

Aluminium leads on the upside, other base metals shy away from the highs

22 April 2021 / Staff reporter

Aluminium prices on the London Metal Exchange set fresh multi-year highs on Wednesday April 21, while copper and tin shied away from previous highs, and the rest remain rangebound this morning.* India reported 315,000 new Covid-19 infections on Wednesday* Haven assets on the riseBase metalsLME three-month base metals prices were down across the board by an average of 0.4% this morning, but volume...Read More

Tech Talk for Thursday April 22nd 2021

22/04/2021 / Staff reporter

Danaher (DHR), an S&P 100 stock moved above $248.62 to an all-time high extending an intermediate uptrend.Visa (V), a Dow Jones Industrial Average stock moved above $248.62 to an all-time high extending an intermediate uptrend. AT&T (T), an S&P 100 stock moved above $31.81 and $30.99 resuming an intermediate uptrend.Pre-opening Comments for Thursday April 22ndU.S. equity index futures...Read More

IN CASE YOU MISSED IT: 5 key stories from April 20

April 21, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.Brazilian steelmaker Gerdau will invest around 1 billion Reais ($179 million) to modernize and expand production capacity at its special steel division in Brazil amid an expected recovery in demand from both the automotive and capital goods industries,...Read More

WEEKLY BASE METAL PREMIUMS REPORT: 20/04

April 21, 2021 / Staff reporter

A summary of base metals premiums from across the globe for the week to Tuesday April 20.Please click...Read More

LIVE FUTURES REPORT 20/04: LME Lead down 1.3%, nickel at lowest in 3 weeks

April 21, 2021 / Staff reporter

The price of nickel was $16,038 per tonne at the close of trading at 5pm on Tuesday, its lowest closing price for three weeks, while most other futures prices on the London Metal Exchange also fell off their recent gains on Tuesday April 20.Nickel's three-month price was down by 0.5% from Monday's closing price of $16,121 per tonne, and at its lowest since March 31, when it closed at $16,068 per t...Read More

IN CASE YOU MISSED IT: 5 key stories from April 20

April 21, 2021 / Staff reporter

Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.Brazilian steelmaker Gerdau will invest around 1 billion Reais ($179 million) to modernize and expand production capacity at its special steel division in Brazil amid an expected recovery in demand from both the automotive and capital goods industries,...Read More

WEEKLY BASE METAL PREMIUMS REPORT: 20/04

April 21, 2021 / Staff reporter

A summary of base metals premiums from across the globe for the week to Tuesday April 20.Please click...Read More

GLOBAL CHROME SNAPSHOT: Stainless steel weakness weighs on China alloy prices

April 21, 2021 / Staff reporter

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Tuesday April 20.China Many domestic spot ferro-chrome sellers cut their prices in order to secure business at current profitable levels. The outlook for the ferro-chrome market remained bearish despite the recent supply tightness. Spot procurement for imported charge chrome was limited, with prices follow...Read More

South32, Korea Zinc lock in annual lead TCs at 25.5% lower than 2020 [CORRECTED]

April 21, 2021 / Staff reporter

Korea Zinc has agreed annual supply contracts for lead concentrate from South32's Cannington mine in Australia with a 25.5% reduction in treatment charge (TC) terms from a year ago.The two companies agreed to a TC of $136 per tonne and refining charge (RC) of $1.50 per oz, down from $182.50 per tonne / $1.50 per oz, sources claiming direct knowledge said. The deal was locked as per contract with n...Read More

DAILY STEEL SCRAP: Mills push for lower deep-sea prices

April 21, 2021 / Staff reporter

Turkish steel producers continued to push for lower deep-sea scrap prices, while suppliers in the Baltic Sea and United States continued to maintain higher offers, market participants told Fastmarkets on Tuesday April 20.At least three deep-sea cargoes were booked on Friday April 16.The most recent was heard after the indices closed on Monday April 19.A steel mill in the Izmir region booked a Euro...Read More

PRICING NOTICE: Proposal to amend frequency of India shredded steel scrap index

April 21, 2021 / Staff reporter

Fastmarkets proposes to increase the frequency of its India ferrous shredded scrap index to twice each week because of continued price volatility in the market.The steel scrap shredded, index, import, cfr Nhava Sheva, India, is subject to continuous fluctuations in the market as a result of factors such as the Covid-19 pandemic and the global shipping crisis. This means that the index, currently c...Read More

CHINA STEEL SCRAP: Fresh import bookings arrive, offer prices remain firm

April 21, 2021 / Staff reporter

Spot prices for imported ferrous scrap to China remained largely stable on Tuesday April 20, while cargoes of scrap booked in recent weeks have been gradually clearing customs, sources have told Fastmarkets.A steelmaker in north China had its first shipment of imported scrap successfully clear customs at Tianjin port on April 14, while a Chinese metals and minerals trading company had a cargo clea...Read More

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