Key data from the pricing sessions in London and Shanghai in the week ending Friday September 21.ChinaKey drivers The price paid for silicon in China decreased in the week to September 21 after suppliers cut offer prices, with one deal reported done at $1,370 per tonne.The weak domestic market in China provided another headwind to the export market. Some domestic refiners sold grade-553 silicon at...Read More
Key data from the pricing sessions in Asia and Europe in the week to Friday September 20.ChinaKey drivers The price for antimony, MMTA standard grade II, ddp China, continued to rise in response to some domestic suppliers' raising offer prices a step further on resumed buying interest.Some domestic antimony consumers returned to the market for replenishment for fear of more rounds of price rises i...Read More
Stainless steel prices in Europe were stable this week amid expectations of dramatically increased alloy surcharges for October, sources told Fastmarkets on Friday September 20.October alloy surcharges will be based on nickel prices between August 21 and September 20. During this time, the average price for nickel, 3-months, London Metal Exchange Daily Official, was $17,178 per tonne, up by $2,183...Read More
Still...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.Subs...Read More
Poor German PMI, Middle East tensions...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...Read More
Aluminium The LME three-month aluminium price briefly traded...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 d...Read More
In this week’s analysis, we review...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 a...Read More
Resistance above $2,100 per tonne...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
There has been a plethora of nickel-specific data...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 late...Read More
Tin prices have become...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
Structural tightness begins to ease The...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 a...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 indices moved higher this morning. S&P 500 futures were up 9 points in pre-opening trade. Index futures responded to news that U.S./China trade negotiations will resume on October 7thBlackberry dropped $0.81 to $6.70 U.S. after reporting lower than consensus fiscal second quarter revenues.Autozone added $0.30 to $1,147.56 after reporting higher than consensus fiscal fourth quarter...Read More
A downturn in global ferrous scrap prices and negative sentiment in most global steel markets continued to drag down billet prices during the working week from Monday September 16 to Friday September 20.Export prices for steel billet from the Commonwealth of Independent States region have been under pressure from weak demand and falling scrap prices internationally, which lead mills in the region...Read More
A downturn in global ferrous scrap prices and negative sentiment in most global steel markets continued to drag down billet prices during the working week from Monday September 16 to Friday September 20.Export prices for steel billet from the Commonwealth of Independent States region have been under pressure from weak demand and falling scrap prices internationally, which lead mills in the region...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 20 that are worth another look.Uptrends in the spot aluminium premiums in Rotterdam have faltered with backwardations in the London Metal Exchange December/three-month and January/three-month spreads starting to put material pressure on the physical market.Some large Chinese metal scrap buyers that have been granted imp...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 20 that are worth another look.Uptrends in the spot aluminium premiums in Rotterdam have faltered with backwardations in the London Metal Exchange December/three-month and January/three-month spreads starting to put material pressure on the physical market.Some large Chinese metal scrap buyers that have been granted imp...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points in pre-opening trade.U.S. steel stocks and its related ETF are expected to open lower after JP Morgan downgraded AK Steel , Nucor, Steel Dynamics, Commercial Metals and U.S. Steel and lowered their target prices.Nvidia was unchanged at $172.63 despite an increase in target price by SunTrust to $216 from $210....Read More
Domestic price sentiment for hot-dipped galvanized coil (HDG) in Europe has continued to be negative in the week ended Thursday September 19 due to slow market activity, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel HDG, domestic, exw Northern Europe, was unchanged over the week at ?,?550-570 ($608-630) per tonne ex-works on September 19, reflecting the latest deals...Read More