The low end of the domestic Chinese selenium price was pulled down over the past week by lower raw material costs as a result of ample supply of upstream crude selenium. Fastmarkets assessed the selenium 99.9% Se min, in-whs China price at 85-135 yuan ($12-19) per kg on Friday October 11, down by 5 yuan on the low end from 90-135 yuan per tonne the week before. The price has fallen by 47.6% f...Read More
As the United States' Section 232 tariffs on steel imports enter the second half of their second year, ferrous markets across the globe are still reeling from their effects.The tariffs - imposed after a year-long Section 232 investigation into whether imports of steel, as well as aluminium, posed a national security risk to the US - were vaunted as policies to safeguard the country's domestic indu...Read More
The Bureau of International Recycling (BIR) will advocate for a Chinese proposal to discard the term "scrap" by officially renaming certain copper scrap products as "recyclable copper raw materials", whilst seeking further clarity with Chinese officials on the definition and specifications of importable scrap, the association said on Sunday October 13.In Chinese, "scrap" and "waste" are essentiall...Read More
Tom Bird, the head of Bureau of International Recycling (BIR), will leave his position as the chief operating officer of Chiho Environmental Group in November, Fastmarkets learned on Sunday October 13.Chiho Environmental is China's largest scrap metal recycling company. It runs 700 yards globally with extensive operations in the recycling of ferrous...Read More
Trading...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.Su...Read More
Positivity surrounding the progress of 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...Read More
Aluminium The LME three-month aluminium price remains under...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 do...Read More
Bulls are back The LME copper...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
Rally looking robust despite weak...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
Outflows keep LME stocks near 11-year lows High...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
Indonesian refined output trends...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
Zinc outperforms its peers LME zinc...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
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
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade.Johnson & Johnson gained $2.56 to $133.28 after reporting higher than consensus third quarter earnings. The company also raised guidance.JP Morgan added $2.14 to $118.59 after reporting higher than consensus third quarter earnings. The company also raised guidance. Goldman Sachs droppe...Read More
Here are five Fastmarkets MB you might have missed on Friday October 11 that are worth another look.Most of the import prices for flat-rolled steel products were stable during the week ended October 11 in South America, because Chinese mills did not significantly change offers made before their Golden Week holiday, which ended on October 7.Miners MMG and Citic Metal have declared force majeure on...Read More
Global billet prices were given a boost during the week to Friday October 11 by an improvement in steel scrap import prices in the bellwether Turkish market and the return of Chinese buyers to the import markets.Turkish scrap prices rose after news emerged that a steelmaker in the country had booked a scrap cargo containing an 80:20 mix of No1 and No2 heavy melting scrap from the United States at...Read More
Global billet prices were given a boost during the week to Friday October 11 by an improvement in steel scrap import prices in the bellwether Turkish market and the return of Chinese buyers to the import markets.Turkish scrap prices rose after news emerged that a steelmaker in the country had booked a scrap cargo containing an 80:20 mix of No1 and No2 heavy melting scrap from the United States at...Read More
Here are five Fastmarkets MB you might have missed on Friday October 11 that are worth another look.Most of the import prices for flat-rolled steel products were stable during the week ended October 11 in South America, because Chinese mills did not significantly change offers made before their Golden Week holiday, which ended on October 7.Miners MMG and Citic Metal have declared force majeure on...Read More
Here are five Fastmarkets MB you might have missed on Friday October 11 that are worth another look.Most of the import prices for flat-rolled steel products were stable during the week ended October 11 in South America, because Chinese mills did not significantly change offers made before their Golden Week holiday, which ended on October 7.Miners MMG and Citic Metal have declared force majeure on...Read More