Base metals prices on the London Metal Exchange were mixed during morning trading on Thursday September 27, with continued stock outflows having little effect on the copper and aluminium markets, while a fresh cancellation of 20,000 tonnes of zinc has kept prices firm. ...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday September 27*...Read More
Three-month base metals prices on the London Metal Exchange were for the most part weaker during early trading on Thursday September 28, but some strength emerged after trading got underway in Europe.Tin was bucking the trend with 0.3% gain, while the rest of the metals were down by between 0.4% for aluminium and lead and 0.9% for zinc prices, with copper off by 0.8% at $6,236 per tonne.Total volu...Read More
Non-Ferrous Exchange Markets (NFEx Markets) will be liquidated following a petition to wind up the company, according to official public records. ...Read More
Domestic and import steel billet and rebar prices in Egypt remained unchanged in the week to Thursday September 27, on continuing limited demand. ...Read More
Turkish import and domestic billet prices have gone down over the past week on poor demand, but export prices remained unchanged with some interest from buyers in Southeast Asia, sources said on Thursday September 27....Read More
Turkish rebar and wire rod export prices have continued to fall over the past week due to sluggish demand, sources said on Thursday September 27....Read More
The latest bids, offers and deals in the global markets for steel billet, slab and bloom. ...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. ...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. ...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was an increase to 210,000 from 202,000 last week. Actual was 214,000. Consensus for August Durable Goods Orders was an increase of 1.8% versus a revised decline of...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday September 27. Base metals prices on the Shanghai Futures Exchange were mostly down during Asian morning trading on Thursday, with investors heard to be closing out their long positions ahead of China's Golden Week holiday and the start of this year's fourth quarter.Check Metal Bulleti...Read More
Turkish steel producers have continued to book deep-sea scrap cargoes for November deliveries with prices generally stable, sources said on Thursday September 27....Read More
Seaborne iron ore trading activity remained good on Thursday September 27 while transaction activity slowed at Chinese ports....Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More
The seaborne coking coal spot market is quiet on Thursday September 27, with participants on the sidelines after bearishness set in after a lower-priced transaction a day earlier....Read More
European alloy surcharges for stainless steel products have decreased for the third consecutive month, pulled down once more by weakening nickel prices. ...Read More
Import prices for stainless steel in East Asia maintained their downtrend over the past week despite nickel's recovery, with Chinese and Taiwanese mills reducing their offers while weak currencies continued to stifle import appetite in the region....Read More
China's domestic stainless steel prices remained unchanged over the past week amid continued weakness in demand. ...Read More
[Updated with additional information on Kyen Resources' international offices and to clarify that Kuo was the company's chief executive officer, rather than the firm's founder.]Kyen Resources Chief Executive Victor Kuo has left the Singapore-based trading house, sources with knowledge of the matter told Metal Bulletin.Kuo, who spearheaded Kyen's startup in 2014 and built it into a major trade...Read More