London Metal Exchange futures prices for copper, nickel, zinc and tin started the week with gains on Tuesday April 6, following positive economic data released in the United States and China on Monday. Tin's three-month price jumped by 3.4% to $25,985 per tonne at 9am on Tuesday, the biggest increase in the complex, closely followed by zinc, which was up 2.7% to $2,858.50 per tonne from last Thurs...Read More
Key data from the pricing sessions in Asia and the United States for the week ended Friday April 2.China Seaborne low- and high-grade manganese ore prices fell again amid ongoing bearish sentiment fueled by weak portside prices and high stocks in Chinese ports.Portside markets reported...Read More
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
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
Tantalum prices have hit year-to-date highs while strong demand from the electronics sector will continue to support the market in the second quarter of 2021, market sources told Fastmarkets.Fastmarkets' assessed the price of tantalite, basis 25% min Ta2O5, cif China at $69-71 per lb on April 2, its highest since Fastmarkets started assessments in May 2020 - when it stood at $65-66 per lb - a...Read More
Key data from the Friday April 2 pricing session in Shanghai.Key drivers China's domestic magnesium producers raised their ex-works prices for the material due to increased prices of coal, which is one of the inputs for producing magnesium.Coal output from...Read More
Liberty Steel has resumed production at its UK special steel plant in Rotherham, the steelmaker said on Tuesday April 6.Operations at the plant were halted on March 12, the company said."We are grateful for the support from our customers and suppliers in enabling the restart and in supporting our self-help measures such as matching our current stock to customer orders and working with customers to...Read More
Forest product stocks and related ETFs are moving higher. Global Timber iShares (WOOD) moved above $88.48 to an all-time high extending an intermediate uptrend. Interfor (IFP.TO) moved above Cdn$30.81 to an all-time high extending an intermediate uptrend.Canfor (CFP.TO) moved above $29.00 extending an intermediate uptrend.Pre-opening Comments for Wednesday April 7thU.S. equity index futures were l...Read More
Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More
Chilean mined copper output reached 425,500 tonnes in February, down by 5.02% from 448,000 tonnes in the same month last year, amid significant drops reported by Escondida and Los Pelambres, data from national copper commission Cochilco showed.This was the eighth consecutive month in which Chile recorded a year-on-year drop in production. In January-February, the country produced 882,700 tonn...Read More
An overview of the new energy materials markets and their price moves from the past week.Sybil Pan and...Read More
An overview of the new energy materials markets and their price moves from the past week.Sybil Pan and...Read More
Chilean mined copper output reached 425,500 tonnes in February, down by 5.02% from 448,000 tonnes in the same month last year, amid significant drops reported by Escondida and Los Pelambres, data from national copper commission Cochilco showed.This was the eighth consecutive month in which Chile recorded a year-on-year drop in production. In January-February, the country produced 882,700 tonn...Read More
An overview of the new energy materials markets and their price moves from the past week.Sybil Pan and...Read More
Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More
An overview of the new energy materials markets and their price moves from the past week.Sybil Pan and...Read More
Global lithium markets were generally firm in the week ended Thursday April 1, with domestic Chinese prices rising on fresh restocking by consumers after having been stable for a couple of weeks.Lithium prices in China rise on active restocking while supply remains tight Seaborne Asian lithium prices tick up on persisting tight availabilityEuropean and US prices post further gains on firm prices f...Read More
Here are five Fastmarkets stories you might have missed on Monday April 5 that are worth another look.Prices for seaborne iron ore pellets and concentrate rose in the week ended Thursday April 1 amid ongoing steelmaking restrictions to cut emissions in China's Tangshan region,...Read More
Import prices for hot-rolled coil in Asia could exceed $1,000 per tonne in the coming months, key market sources in the region told Fastmarkets."Given the rate at which prices are increasing, I won't be surprised if prices exceed or rise close to $1,000 per tonne in the remaining months of the second quarter," a flat steel trader in Southeast Asia told Fastmarkets.East Asian cargoes could be the f...Read More
Prices for rebar imports into Singapore have risen following an increase in ferrous scrap prices in the week to Monday April 5.Rebounding ferrous scrap prices in key import market Turkey have caused sentiment to improve among Turkish mills, which have been actively seeking materials to feed downstream long steel demand from Asia.Prices have reached as high as $430 per tonne cfr Turkey for United S...Read More