China's finished steel output grew by 10.4% year-on-year in November as mills raised production in response to steel price gains, according to the National Bureau of Statistics.Finished steel production reached 104 million tonnes during the month, which was also up 1.34% from October.Market participants said that mills had been accelerating their production amid price surges.Hot-rolled coil prices...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, plate, sheet and other flat steel products. Latest transaction: hot-rolled coilHot-rolled coilEast China, domestic, commercial-grade...Read More
China's hot-rolled coil prices were stable on Monday December 16, though some market participants in the eastern region are expecting prices to fall in the next few days with more cargoes being delivered there from the north.DomesticEastern China (Shanghai): 3,880-3,890 yuan ($556-558) per tonne, unchangedNorthern China (Tangshan): 3,640-3,650 yuan per tonne, unchangedA Shanghai-based trader descr...Read More
China's domestic rebar prices moved down slightly on Monday December 16 amid falling futures.Eastern China (Shanghai): 3,860-3,890 yuan ($553-558) per tonne, down 10 yuan per tonneNorthern China (Beijing): 3,550-3,570 yuan per tonne, down 20 yuan per tonneThe losses in the futures market led to a deterioration of sentiment in the spot market. In the northern region, end-user demand dropped sharply...Read More
Turkish steel producers continued to raise their domestic scrap purchase prices over the past week amid higher imported scrap values, sources said on Monday December 16.The price of scrap imported into Turkey has risen over the past week due to tightening supply and firm demand.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $296.06 per tonne...Read More
The pig iron import market in the United States weakened slightly in the week ended Friday December 13, as sources suggested its strength had been restrained because earlier prices had been overestimated compared with scrap.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was at $328-335 per tonne on Friday, compared with $330-340 per tonne a week earlier.One bookin...Read More
Seaborne iron ore prices were largely muted on Monday December 16, while uncertainty on air-quality related production cuts in Tangshan, China, caused a dip in Chinese futures during the day's trading session. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $94.04 per tonne, down $0.59 per tonne. 62% Fe Pilbara Blend fines, cfr Qingdao: $93.13 per tonne, down $0.59 per tonne. 62% Fe low-al...Read More
No deals were heard in the seaborne coking coal market on Monday December 16, though buying interest from China was reported to be steady.Fastmarkets indicesPremium hard coking coal, fob DBCT: $136.58 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $147.70 per tonne, unchangedHard coking coal, fob DBCT: $122.33 per tonne, unchangedHard coking coal, cfr Jingtang: $130.25 per tonne, unch...Read More
Seaborne iron ore concentrate and pellet prices rose along with the wider market for the steelmaking raw material last week, with premiums largely maintaining their stability.ConcentrateThe weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $109.57 per tonne last Friday December 13, up $5.58 per tonne from a week earlier.The daily Fastmarkets index for iron ore 65% Fe B...Read More
Key data from the pricing sessions in Asia and Europe in the week to Friday December 13. China Key drivers The price of antimony, MMTA standard grade II, ddp China recorded of a drop of 2.6% in the week ended December 13 after an increasing number of suppliers slashed offer prices further to promote sales and generate cash. Widespread pressure to generate cash by the end of the ye...Read More
Key data from the pricing sessions in New York, London and Shanghai for the week ended Friday December 13. United States Key drivers Monthly spot silicon price dropped again, following a brief plateau in November after 19 straight months of decline. Domestic producers' cuts are being felt, but cheaper imports of silicon metal to the US mean oversupply endures. Some sources see ri...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5%...Read More
Starting...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.S...Read More
Trump signed off 'phase one' trade...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 soo...Read More
Aluminium The LME three-month aluminium price is testing...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 downl...Read More
Copper at its highest since May 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...Read More
Market remained in deficit in...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...Read More
Chinese EV sales rebounded in November... Chinese sales...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 th...Read More
Unphased by the US-China...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...Read More
Zinc bolstered by broader risk-on sentiment 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...Read More