China's domestic rebar prices moved up on Monday August 17 on steady buying and expectations among buyers that demand would gradually increase in the next few months. Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($524-528) per tonne, up by 30 yuan per tonneA strengthening of rebar futures stimulated buying interest in the spot market, which in turn pushed up prices for physical products.Inv...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 transparency into the markets it covers and the pricing process it...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 transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt...Read More
Key data from the pricing session in Shanghai on Friday August 14. Key drivers The domestic price rose for the fifth consecutive week due to deals concluded in the range. Some sources remain optimistic the uptrend will continue due to tight spot supply. Demand from the downstream bismuth trioxide market...Read More
Key data from the Friday August 14's pricing session in Shanghai.Key drivers Gap between offers and bids widened. Sources raised export offers due to stronger domestic prices in China, but many overseas buyers were still only willing to...Read More
The UK market for deliveries of steel scrap to domestic consumers has increased in August, more than paring losses made in July as tighter supplies and firmer demand at home and abroad combined to push up prices, industry sources told Fastmarkets.The United Kingdom's domestic market for steel scrap gained strength in August, with tighter supply and firmer demand at home and abroad combining to pus...Read More
There are numerous crosscurrents running through the markets this morning, Tuesday August 18, with the base metals mainly firmer and gold rebounding strongly, while equity markets were mixed and the dollar continued to weaken.* Broader US equity markets were weaker this morning following Monday's poor US manufacturing data and rising mortgage delinquencies, but the Nasdaq established a fresh recor...Read More
S&P 500 Index moved above 3393.52 to an all-time high extending an intermediate uptrend.Frontier iShares (FM) moved above $24.69 extending an intermediate uptrend. JD Inc. (JD), a NASDAQ 100 stock moved above $69.18 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Tuesday August 18thU.S. equity index futures were higher this morning. S&P 500 futures were up 6...Read More
* Zinc touches highest in almost seven months * Lead hits strongest level since Jan. 23 * Yangshan copper premium extends losses (Updates prices) By Eric Onstad LONDON, Aug 17 (Reuters) - Nickel prices surged to theirhighest in nearly nine months on Monday on concern over supplyfrom the Philippines, the leading exporter of the stainlesssteel raw material. Copper and most other industrial metals al...Read More
Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
Metal prices were mostly firmer on both the London Metals Exchange and the Shanghai Futures Exchange on Monday August 17, the exception was the SHFE September aluminium contract that was down by 0.3% while the rest of the metals on both exchanges were up by an average of 1.1%.* United States/China trade talks over the weekend were postponed.* Japan’s preliminary gross domestic product fell by...Read More
Healthcare SPDRS (XLV) moved above $107.53 to an all-time high extending an intermediate uptrend.Walmart (WMT), a Dow Jones Industrial Average stock moved above 4133.58 to an all-time high extending an intermediate uptrend.Dollar Tree (DLTR), a NASDAQ 100 stock moved above $107.53 extending an intermediate uptrend. Pre-opening Comments for Monday August 17thU.S. equity index futures were hig...Read More
Aluminium primary foundry alloy premiums in Germany and Eastern Europe ticked up on Friday August 14, breaking a downtrend that started in 2018.Europe Premiums for aluminium primary foundry alloy in Europe moved up Friday for the first time in two years ahead of 2021 negotiations for annual supply in the region.Fastmarkets assessed the aluminium primary foundry alloy silicon 7 ingot premium,...Read More
An overview of the battery raw materials markets and the latest price moves.Read More
London Metal Exchange aluminium futures closed at their lowest level in two weeks, but copper, lead, nickel and tin finished the day strongly, rebounding after losses in previous days.The LME's three-month aluminium 5pm closing price was $1,746 per tonne on Friday August 14, down by $7.50 per tonne from Thursday's close and marking its lowest closing level since July 31.Prices were under downward...Read More
An overview of the battery raw materials markets and the latest price moves.Read More