Base Metal Stocks Articles

UK authorities approve construction of Cumbrian Metallurgical Coal Project

October 06, 2020 / Staff reporter

The Cumbria County Council (CCC) Development Control and Regulation Committee resolved again to grant planning approval to West Cumbria Mining (WCM) to develop the Cumbrian Metallurgical Coal Project in the UK, the company said on October 2.The project will be named Woodhouse Colliery and is a new underground mine located on a brownfield site, to...Read More

Singapore rebar import market weakens on thin demand, falling scrap

October 06, 2020 / Staff reporter

Rebar buyers in Singapore continued to exhibit limited appetite for imported materials in the week to Monday October 5, with market sources saying prices had slipped due to the recent decline in global scrap prices.Offers for Turkish rebar were at $470-475 per tonne cfr Singapore on a theoretical weight basis, according to a major Singaporean buyer, which is down by $10-15 per tonne week on week....Read More

Seaborne iron ore pellet prices up further amid fewer offers to China

October 06, 2020 / Staff reporter

Prices for seaborne iron ore concentrate and pellets rebounded in the week ended Friday October 2 amid rising futures, with tight supply of the latter providing additional support to the segment, according to sources.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $129.05 per tonne, up $2.17 per tonne.65% Fe blast furnace pellet, cfr Qingdao: $143.52 per tonne, up $4.68 per tonne.Key...Read More

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

October 06, 2020 / 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...Read More

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

October 06, 2020 / Staff reporter

The cobalt alloy 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...Read More

Weak electronics sector pushes tantalum prices to new year-low

October 06, 2020 / Staff reporter

Weak demand from the electronics sector continued to put pressure on tantalum prices in the week ended Friday October 2, with the concentrates market dropping to a fresh 2020 low.Fastmarkets assessed the price of tantalite, basis 25% min Ta2O5, cif China, at $52.00-55.50 per lb Ta2O5 on Friday, down from the previous week's assessment of $56.00-57.75 per lb."Demand in the electronics sector has go...Read More

RESEARCH: Asian stainless mills coming under pressure

October 06, 2020 / Staff reporter

The latest forecasts from Fastmarkets' team of analysts is ready to view.Having found it easier to increase prices than their counterparts in Europe and the United States during the past few months, Asian stainless steelmakers now face a number of concerns.In the short term, Asian prices have moved down in recent weeks while those in Europe and the US are on the up. This is mostly a reflection of...Read More

LME base metals prices, broader markets firmer

06 October 2020 / Staff reporter

Base metals prices on the London Metal Exchange were for the most part firmer this morning, Tuesday October 6, as were Asian-Pacific and pre-market major western equity index futures.* US President Donald Trump’s return to the White House boosts confidence.* Markets have become more risk-on, although gold prices are holding up well too.Base metalsThree-month base metals prices on the LME were...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

IN CASE YOU MISSED IT: 5 key stories from October 2

October 05, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More

Tech Talk for Monday October 5th 2020

05/10/2020 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade.AT&T slipped $0.23 to $28.45 after KeyBanc Capital downgraded the stock from Sector Weight to Underweight.MyoKardia jumped $83.38 to $221.98 and Bristol Myers eased $0.46 to $58.26 after Bristol Myers offered to acquire MyoKardia in a deal valued at $13.1 billion. Bristol Myers will p...Read More

UK safeguard measures to mimic EU case

October 04, 2020 / Staff reporter

The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.A report from the office of the UK Secretary of State for International Trade said this week that a tariff rate quota will apply to 19 steel product categories, including hot-rolled, cold-rolled and galvanized coil; carbon and stainless...Read More

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