A summary of Spain-based Ferroglobe's financial results for the fourth-quarter and full-year 2020, published by the company on Tuesday March 2.In brief Ferrosilicon revenue declined by 29% to $1.14 billion for the year ended December 31, 2020, from $1.62 billion in 2019. The drop was attributed to the impact of Covid-19 on volumes and pricing across all products.The full-year adjusted earning...Read More
An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila Ouerghi in...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...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.Fastmarkets assessed...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...Read More
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
Fastmarkets rounds up the latest logistical issues affecting supplies of metal, ores and alloys from African countries, in the period ended Friday February 26.February 26South African manganese miners have started to raise prices in line with rising costs, including those incurred amid severe weather.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin, rose by $0.12 week on week to $4.77 per dry...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday March 3.Key driversOffers weakened to as low as $7.50 per kg amid persistently quiet European consumer demand so far this year.More tenders are expected to be done in March that should provide further clarity on near-term price direction.Trader sources report firm scrap turnings...Read More
Fastenal ((FAST), a NASDAQ 100 stock moved below $45.26 completing a double top pattern.Medical Devices iShares (IHI) moved below intermediate support at $325.11 Technical Notes for Wednesday March 3rdSalesforce.com (CRM), a Dow Jones Industrial Average stock moved below $212.99 extending an intermediate downtrend. AutoDesk (ADSK), a NASDAQ 100 stock moved below $272.70 completing a double to...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 2 that are worth another look.The London Metal Exchange has received a significant rise in objections to its closing prices since trading on the LME Ring was halted in March 2020, new data released by the exchange...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 2.Please click on the thumbnail...Read More
Aluminium and tin showed the biggest increases at the close of trading on the London Metal Exchange on Tuesday March 2, with price support coming from a lower US Dollar Index.The dollar index went down, prompted by the advancement of a proposed $1.9 trillion Covid-19 relief package through the US Congress.Following the passing of the stimulus bill through the House of Representatives late last wee...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 2 that are worth another look.The London Metal Exchange has received a significant rise in objections to its closing prices since trading on the LME Ring was halted in March 2020, new data released by the exchange...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 2.Please click on the thumbnail...Read More
An overview of the chrome ore and alloy markets on Tuesday March 2 and their latest price moves.China UG2 chrome ore prices increased with buyers willing to accept higher prices after China's leading stainless steel producers - Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - raised their high-carbon ferro-chrome tender prices for March delivery by 700 yuan ($108) per tonne. The domest...Read More
Chile produced 457,100 tonnes of copper in January, down by 0.7% from 460,100 tonnes in the same month in 2020, the Chilean copper commission, Cochilco, said on Tuesday March 2.A decline in output at the BHP-majority-owned Escondida copper mine - the world's largest - is likely to be the main reason for the small decline, with production there falling 11.6% to 84,700 tonnes in the first month of 2...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 2 that are worth another look.The London Metal Exchange has received a significant rise in objections to its closing prices since trading on the LME Ring was halted in March 2020, new data released by the exchange...Read More
Prices for steel scrap in the principal Mexican markets decreased sharply in the week ended Friday February 26, amid increases in inventories and a wider gap between prices in the various regions.Fastmarkets' weekly steel scrap assessments for Mexico fell sharply in nine grades, with a number of steel producers reducing prices in all regions, and also reflecting price cuts announced recently but t...Read More
ArcelorMittal has raised its European long steel product prices by a minimum of ?,?30-40 ($35-48) per tonne, market sources told Fastmarkets on Tuesday March 2.The price increases relate to mesh-quality wire rod, beams and rebar and came into effect on Friday February 26...Read More
Turkish steel mills stayed out of the deep-sea scrap markets again on Tuesday March 2, focusing instead on raising steel prices following the latest surge in scrap values, market sources told Fastmarkets.The latest transaction was recorded late on Friday February 26, when a steel mill in the Marmara region paid $456 per tonne cfr for Baltic Sea-origin HMS 1&2 (80:20).The transaction raised the dai...Read More