The depreciation of the South African rand since early August has sparked a debate in the chrome ore market over whether South African suppliers should be expected to cut offers prices into China. Chrome ore buyers in China have been anticipating lower offer prices for chrome ore, arguing that the rand depreciation means South African producers are earning more in their own currency when they sell...Read More
The recent uptick in traded option volatilities in the London Metal Exchange copper market has faded as the month-end draws near, while what is likely to be an unexciting August expiry this Wednesday looks like setting a marker for the rest of the summer. Front-month at-the-money (ATM) copper volatility has dipped back to just under 20%, having climbed above 26% on August 19 - the best since early...Read More
China's month-on-month new electric vehicles (NEV) sales rebounded in August after month-on-month declines in June and July. The drop in sales between May and June was the first drop since September 2016, but Fastmarkets MB had expected Chinese NEV sales to dip temporarily after the June subsidy changes came into effect because consumers and NEV manufacturers would have to adjust to the new subsid...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Base metals on the London Metal Exchange were mostly higher at the close of trading on Friday October 5 - the three-month aluminium price ended the week up by 2.2%, reflecting the full closure at Norsk Hydro's Alunorte alumina refinery in Brazil....Read More
Centar Ltd, the mining company founded by former JP Morgan mining dealmaker Ian Hannam, will sign deals with the government of Afghanistan to develop copper and gold deposits there, it said on Friday October 5. Centar will develop "potentially significant" copper and gold...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Key data from Metal Bulletin's Friday October 5 pricing sessions in China, Asia, Europe and the United States....Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Key data from Metal Bulletin's Friday October 5 pricing sessions in China, Asia, Europe and the United States....Read More
Centar Ltd, the mining company founded by former JP Morgan mining dealmaker Ian Hannam, will sign deals with the government of Afghanistan to develop copper and gold deposits there, it said on Friday October 5. Centar will develop "potentially significant" copper and gold...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Global scrap prices mostly strengthened in th United States, Southeast Asia and Turkey during the working week from Monday October 1 to Friday October 5, while prices in India were still falling due to the weakening rupee....Read More
European import prices for alloy steel scrap have decreased because of low demand this week....Read More
Prices for light iron scrap in the United Kingdom have been steady over the past week, extending a period of stability for the fourth consecutive week, sources told Metal Bulletin on Friday October 5....Read More
Comex copper prices inched down on Friday morning in the United States despite a weaker dollar and positive jobs data. ...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Chinese domestic lithium compound prices were unchanged week on week on Thursday October 4 due to a national holiday, while spot prices in the other regions Fastmarkets assesses were softer on slow consumption and lower prices offered. Chinese domestic prices were rolled over due to the Golden Week holiday. Seaborne cif China, Japan and South Korea prices fell due to market expectations for l...Read More
Domestic prices for coated steel coil products in Turkey decreased slightly in the week ended Friday October 5, with demand remaining poor in the local market.But demand in the export market, mainly Europe, was quite good for coated coil.Some Turkish producers decreased their prices, however, because of the weak domestic demand in the country.Domestic pricesOne northern producer in Turkey was offe...Read More