The Chinese ferro-silicon market has been steady over the past week, consolidating a jump of 5% from the previous week both in domestic and export prices.Chinese market dealers expect further price increases when consumer tenders are settled because heavy industries face strict environmental controls in the near term that may affect production.European trading has been quiet although there are sig...Read More
China's stainless crude steel production increased over the first six months of 2019 amid steady growth in demand.Stainless steel mills produced 14.35 million tonnes of stainless crude steel in January-June period, up 1.13 million tonnes - or 8.51% - from an adjusted 13.22 million tonnes in the first half of last year, according to the China Stainless Steel Council (CSSC) late last Friday Jul...Read More
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LME weekly average cash price down...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 remains confined...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...Read More
Short-covering rebound takes a breather... 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...Read More
Further weak economic data weighs...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
Bullish: Supply uncertainties amid falling stocks and resilient...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 dow...Read More
LME tin prices hit a fresh...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
Producer results so far We take...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 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
In the absence of fresh economic news on Monday July 29, the early weakness in metals prices ran into dip-buying. While the base metals have not followed equities to fresh highs, far from it, the underlying supply fundamentals do seem to be providing support. While wider markets may be waiting for Wednesday’s US interest rate decision, the metals are likely to wait for news on US-China trade...Read More
U.S. equity index futures moved lower this morning. S&P 500 futures were down 12 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for June Personal Spending was an increase of 0.3% versus a gain of 0.4% in May. Actual was an increase of 0.3%. Consensus for June Personal Income was an increase of 0.4% versus a revise...Read More
Global billet prices softened in most markets around the world during the week to Friday July 26 amid sluggish demand for finished steel products.Asian markets were an exception, however, with billet prices going up slightly in Southeast Asia and China as well as in Iran, which mainly supplies material to the Asian region.Southeast Asia, Iran, ChinaAlthough billet prices in Southeast Asia were pre...Read More
Global billet prices softened in most markets around the world during the week to Friday July 26 amid sluggish demand for finished steel products.Asian markets were an exception, however, with billet prices going up slightly in Southeast Asia and China as well as in Iran, which mainly supplies material to the Asian region.Southeast Asia, Iran, ChinaAlthough billet prices in Southeast Asia were pre...Read More
Here are five Fastmarkets MB stories you might have missed on Friday July 26 that are worth another look.A former employee is suing Gerald Metals, Gerald Holdings and the chief executive officer of both companies for alleged fraud, negligent supervision and infliction of emotional distress related to their cobalt activities in the Democratic Republic of Congo, according to court documents filed in...Read More
Here are five Fastmarkets MB stories you might have missed on Friday July 26 that are worth another look.A former employee is suing Gerald Metals, Gerald Holdings and the chief executive officer of both companies for alleged fraud, negligent supervision and infliction of emotional distress related to their cobalt activities in the Democratic Republic of Congo, according to court documents filed in...Read More
With economic growth still deteriorating - the United States’ second quarter gross domestic product (GDP) came in at 2.1%, compared with 3.1% in the first quarter - the markets have little to cheer about this morning, Monday July 29.Economic headwinds, geopolitical tension in the Middle East and in Hong Kong, combined with some record equity levels make for an unstable market platform. A like...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point in pre-opening trade. Mylan jumped $3.37to $21.80 after the company announced a deal to merge with Pfizer's Upjohn division.Cooper Tire (CTB $30.47) is expected to open lower after lower than consensus second quarter revenues and earnings. The company also lowered guidance. Goldman Sachs is expected to open high...Read More