Seaborne iron ore concentrate prices strengthened in the week to January 4, while pellet prices weakened.ConcentratesFastmarkets' MB 66% Fe Iron Ore Concentrate Index stood at $92.76 per tonne cfr China last Friday, up by $1.43 per tonne from December 28.The daily MB 65% Fe Iron Ore Index averaged $87.13 per tonne cfr China last week, higher than an average of $86.88 per tonne cfr China the previo...Read More
Base metals prices on the London Metal Exchange were mostly higher during morning trading on Monday January 7, with continued weakness in the dollar index spurring buying momentum amid market optimism around US-China trade talks scheduled later today.Zinc's three-month price gained 1.3%, making further strides towards $2,500 per tonne. A fresh cancelation of 7,800 tonnes kept price action elevated...Read More
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.2% this morning, Monday January 7, with copper recently quoted at $5,937 per tonne - this after average gains of 1.5% last Friday.Volume across the complex has been average with 5,995 lots traded as at 7.15am London time.In the precious metals this morning, gold prices are off their highs of $1,...Read More
The world's supply of manganese ore decreased by 6% month-on-month in November 2018 due to production cuts in most global regions, according to the latest research published by the International Manganese Institute (IMnI) on Friday January 4.Supply totaled 1.71 million tonnes of manganese units in October, which was an increase of 16.3% year-on-year, with global suppliers ramping up to feed mangan...Read More
Cobalt metal prices continued to slide when trading got under way after the Christmas and new year holidays, with spot inquiries attracting competitive sellers in a well-supplied market.Standard and alloy-grade cobalt prices fell by 2.8% in the week ended Friday January 4. The standard-grade price was assessed at $25.75-27.25 per lb and the alloy-grade price at $25.50-27.25 per lb, both in-warehou...Read More
Key data from the pricing sessions in Asia and Europe for the week ending Friday January 4. China The price for exported grade 553 silicon in China remained unchanged for the fifth consecutive week amid thin inquiries and a slow market.The market is quiet because the majority of stockpiling activities for first-quarter delivery from the Japanese secondary aluminum sector took place in early Decem...Read More
Optimism...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
Trade war the biggest external risk...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
Aluminium The three-month LME aluminium price has staged...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 supported by PBOC and 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 as soon...Read More
Lead market remained in a...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
Stainless review and 2019 outlook The final months...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 lat...Read More
Stable start to 2019 In contrast...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
Modest price rebound underway Zinc 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 issue...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
Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, Tuesday January 8. Tin was unchanged, while the rest were down between 0.1% for copper and lead and 0.7% for aluminium, with zinc and nickel off by 0.6% and 0.5% respectively. The three-month copper price was recently quoted at $5,909 per tonne.Volume across the complex has been average with 5,0...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points in pre-opening trade. The Canadian Dollar was virtually unchanged at 75.21 U.S. following to release of the Canadian November Trade Balance Report. Consensus was an increase in the deficit to $1.96 billion from $1.17 billion in October. Actual was a deficit of $2.06 billion.Jefferies downgraded several money...Read More
Steel billet prices in major global markets were either unchanged or softened further during the week ended Friday January 4, amid the continued slowdown in the rebar and scrap markets and with billet demand yet to recover from the 2018 year-end lull.AsiaImport prices in Southeast Asia moved downward, under pressure from lower offers and bids, although trading activity appeared to be picking up.Mo...Read More
Steel billet prices in major global markets were either unchanged or softened further during the week ended Friday January 4, amid the continued slowdown in the rebar and scrap markets and with billet demand yet to recover from the 2018 year-end lull.AsiaImport prices in Southeast Asia moved downward, under pressure from lower offers and bids, although trading activity appeared to be picking up.Mo...Read More