The price of UG2 chrome ore dropped in the week to Friday February 21 due to lower bids from alloy smelters after China's major stainless steel mills kept their February tender prices flat month on month. China's Tsingshan Group and Taiyuan Iron and Steel (Tisco) held their ferro-chrome tender prices for February delivery unchanged from January. The latest tender prices came as a shock to the mark...Read More
Chinese rebar remained the most competitively priced of imports of the long steel product in Singapore over the past week, edging out Turkish products.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore - which mainly looks at cargoes sold into Singapore on a theoretical-weight basis - was $430-435 per tonne for the week to Monday February 24, unchanged fro...Read More
Q1...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subscri...Read More
LME aluminium struggling to attract dip-buying...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
Aluminium Follow-through selling pushed the LME aluminium three-month...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecas...Read More
Diverging trends between LME and SHFE ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Price drift continues Lead prices...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
Nickel suffered the biggest sell-off last week Nickel...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the...Read More
Pause in the rebound...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s...Read More
ILZSG data showed an 189,000-tonne deficit...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issu...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Consolidation across a broad section of markets is underway this morning, Tuesday February 25, while Monday’s sell-offs pause as markets adjust to lower prices, but little has changed for the better.Given the novel coronavirus (2019-nCoV) is starting to spread across more countries and indeed major manufacturing countries at that, including Japan, South Korea and Italy, and the full impact of...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Bank of Montreal (BMO $99.47) is expected to open higher after releasing higher than consensus fiscal first quarter earnings.Bank of Nova Scotia (BNS $73.15) is expected to open higher after releasing higher than consensus fiscal first quarter earnings. Home Depot (HD $239.70) is expecte...Read More
* Zinc falls to lowest since June 2016 * Nickel sinks to seven-month low * Copper, aluminium at weakest in about two weeks * Aluminium has biggest short position on LME -broker (Updates with closing prices) By Eric Onstad LONDON, Feb 24 (Reuters) - Zinc hit its lowest level sinceJune 2016 on Monday and other industrial metals prices alsoslumped on fears the spread of the coronavirus outside Chinaw...Read More
Here are five Fastmarkets stories you might have missed on Friday February 21 that are worth another look.The impact on Vale from the outbreak of the novel coronavirus (2019-nCoV) has been limited thus far, but the company is watching the situation closely in China.Logistics disruptions across China have paralyzed many of the country's supply chains since the outbreak of a novel coronavirus infect...Read More
Here are five Fastmarkets stories you might have missed on Friday February 21 that are worth another look.The impact on Vale from the outbreak of the novel coronavirus (2019-nCoV) has been limited thus far, but the company is watching the situation closely in China.Logistics disruptions across China have paralyzed many of the country's supply chains since the outbreak of a novel coronavirus infect...Read More
Here are five Fastmarkets stories you might have missed on Friday February 21 that are worth another look.The impact on Vale from the outbreak of the novel coronavirus (2019-nCoV) has been limited thus far, but the company is watching the situation closely in China.Logistics disruptions across China have paralyzed many of the country's supply chains since the outbreak of a novel coronavirus infect...Read More
Here are five Fastmarkets stories you might have missed on Friday February 21 that are worth another look.The impact on Vale from the outbreak of the novel coronavirus (2019-nCoV) has been limited thus far, but the company is watching the situation closely in China.Logistics disruptions across China have paralyzed many of the country's supply chains since the outbreak of a novel coronavirus infect...Read More
Here are five Fastmarkets stories you might have missed on Friday February 21 that are worth another look.The impact on Vale from the outbreak of the novel coronavirus (2019-nCoV) has been limited thus far, but the company is watching the situation closely in China.Logistics disruptions across China have paralyzed many of the country's supply chains since the outbreak of a novel coronavirus infect...Read More