The upward momentum in China's rebar market strengthened on Monday January 21 with sellers being under less pressure to cut their inventories.Domestic Eastern China (Shanghai): 3,700-3,740 yuan ($546-552) per tonne, up 20-30 yuan per tonneNorthern China (Beijing): 3,670-3,700 yuan per tonne, up 40 yuan per tonneRebar futures posted gradual increases over the last few days on positive macroeconomic...Read More
Key data from the pricing sessions in London and Shanghai on Friday January 18. Europe Grade 441and grade 553 silicon prices in Europe remained unchanged on thin inquiries and sufficient material availability. The market was quiet overall, reinforced by the week-long public holiday in China (February 4-10). Trading was slow during much of the week, with very little spot business conclu...Read More
The global antimony market traded lower in the week ended Friday January 18 with weak demand continuing to weigh on prices.In Europe, Fastmarkets' price assessment for trioxide-grade antimony, in-warehouse Rotterdam, moved down to $7,800-8,000 per tonne on Wednesday January 16 from the previous week's assessment of $7,900-8,100 per tonne and remained unchanged on Friday January 18. Meanwhile, the...Read More
Key data from the January 18 pricing session in Shanghai. Key drivers - Tight supply of magnesium in China's domestic market.- Growing expectations of coal shortage following an accident at a mine on January 12 in Shaanxi province, one of China's coal production hubs. The mine remains closed after the incident.- Tight...Read More
Encouraging...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 publishe...Read More
Prices limping higher rather than rallying 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
Aluminium On Friday January 18, the LME aluminium...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
Copper enjoys some short-covering Copper 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...Read More
Environmental inspections expected to continue...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
Almost back at $12,000 per tonne Nickel 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...Read More
Fundamentals increasingly tight LME tin has...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 iss...Read More
Room to rally in the short...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
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 lower this morning. S&P 500 futures were down 16 points in pre-opening trade.Johnson & Johnson eased $1.98 to $128.71 despite reporting higher than consensus fourth quarter sales and earnings. The company also raised guidance. Travelers eased $0.41 to $123.60 despite reporting higher than consensus fourth quarter sales and earnings.Schlumberger (SLB $44.73) i...Read More
Once again the upside initiatives in three-month base metals prices on the London Metal Exchange have run into overhead resistance, with the complex down by an average of 0.4% this morning, Tuesday January 22. Other commodity prices have also shown weakness, which we put down to the focus on slower global growth after the International Monetary Fund (IMF) lowered its global growth outlook to...Read More
Prices for steel billet in most global regions softened in the week ended Friday January 18, because of low demand and the weak performance of the long steel markets.But reduced availability from the Commonwealth of Independent States (CIS) improved price expectations in some buying regions, such as Turkey.CISBillet prices from the CIS region remained unchanged last week, with mills trying to incr...Read More
Prices for steel billet in most global regions softened in the week ended Friday January 18, because of low demand and the weak performance of the long steel markets.But reduced availability from the Commonwealth of Independent States (CIS) improved price expectations in some buying regions, such as Turkey.CISBillet prices from the CIS region remained unchanged last week, with mills trying to incr...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 18 that are worth another look.Growing optimism over the outlook for a trade agreement between the United States and China has led to a stronger tone across risk markets, including those for metals. Legislation that would delay the imposition of additional Section 232 tariffs on automobiles and automotive parts...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 18 that are worth another look.Growing optimism over the outlook for a trade agreement between the United States and China has led to a stronger tone across risk markets, including those for metals. Legislation that would delay the imposition of additional Section 232 tariffs on automobiles and automotive parts...Read More