ILZSG data suggests ytd contractions...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 s...Read More
When the battery bulls return? With tight supply-demand...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 th...Read More
Resilient performance in H1 2018 Tin...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 s...Read More
Brazilian flat steel producers have announced another price increase to be imposed on distributors and industrial clients in October, and are also negotiating price rises for annual contracts with carmakers, according to national flat steel association Inda.A rise of around 5% in the prices of flat steel products sold to distributors and industrial clients has been announced by most producers, Ind...Read More
Macroeconomic events dominate prices LME three-month...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 l...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
Prices for rebar and billet in the United Arab Emirates remained stable in the week ending Tuesday September 18, while demand continued to be limited, sources told Metal Bulletin. Demand is unlikely to improve before October, market participants said. Domestic rebar The market for domestic rebar was stable in the country during the week, and Metal Bulletin's weekly price assessment for domest...Read More
Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Tuesday September 18. This despite US President Donald Trump imposing 10% tariffs on a further $200 billion of Chinese exports – the market no doubt relieved it was not 25%. The exception to the stronger showing by the LME base metals was lead, which was down by 0.7%. The rest of the comple...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points in pre-opening trade. FedEx dropped $6.22 to $249.51 after reporting lower than consensus fiscal first quarter earnings. Oracle dropped $1.87 to $47.31 after reporting lower than consensus fiscal first quarter revenues. Red Hat fell $2.37 to $142.00 after JP Morgan lowered its target price to $150 from $160.Fa...Read More
Ferro-chrome prices rise in China, tracking UG2 prices higher, while alloy prices decline in Europe and the United States. UG2 prices rise for second week running Charge chrome import prices follow ore higher Japan and South Korea markets hold ahead of further strength in China European alloy prices drop on lower benchmark anticipation US alloy prices weaken amid poor deman...Read More
European ferro-vanadium and vanadium pentoxide (V2O5) prices climbed higher in the week ended Friday September 14 to reach more than 13-year highs amid supply concerns, while Chinese exporters held back offers to compensate for limited stocks.Chinese export prices underpinned by strong domestic marketEuropean FeV prices rise 5.5% week on week on supply concernsEuropean V2O5 prices edge up despite...Read More
Fresh concerns about the impact of the escalating US-China trade war have unsettled minor metals and ferro-alloys markets after the United States announced it is imposing new tariffs on $200 billion worth of Chinese goods. The higher import taxes will apply to almost 6,000 items - the biggest round of US tariffs so far. Minor metals and ferro-alloys that appear on the new list of tariffs include:...Read More
The Chinese government is poised to directly target the US non-ferrous metals and ore sector in the tit-for-tat trade war launched by US President Donald Trump. Beijing has highlighted metals and ores in a list of products that may be subject to retaliatory tariffs to the United State's third list of duties on Chinese tech, drafted over alleged thefts of US intellectual property. The US Trade Repr...Read More
Stuart Cutler has announced his retirement from his role as head of Glencore's ferro-alloys marketing department, after almost 25 years at the company, Metal Bulletin has learned. Traders Ruan Van Schalkwyk and Jason Kluk will take over as joint heads of the marketing department following Cutler's departure on December 31, 2018, a spokesman for Glencore confirmed on Tuesday 18 September.Cutler has...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday September 18.Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Tuesday, with the complex reacting to news that the United States had imposed new tariffs on $200 billion's worth of Chinese goods overnight.Check Metal Bulletin's live futures r...Read More
The first deep-sea scrap booking of the week, made by a Turkish steel mill on Monday night, boosted prices after coming to light on Tuesday September 18.A steel mill in the Iskenderun region booked a European cargo, consisting of 26,000 tonnes of HMS 1 & 2 (80:20) at $317 per tonne and 4,000 tonnes of...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.Latest transaction: iron oreIron oreVale, Global...Read More
Physical iron ore was trading at higher prices on Tuesday September 18, following on from a much stronger performance in the paper market. Metal Bulletin 62% Fe Iron Ore Index: $69.82 per tonne cfr Qingdao, up by $1.68 per tonne.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $68.85 per tonne cfr Qingdao, up by $1.68 per tonne.Metal Bulletin 62% Fe Iron Ore Index Low Alumina: $75.40 per tonne cfr...Read More
Ex-China prices weakened in the seaborne coking coal spot market on Tuesday September 18, though participants remained largely bullish.An October-laycan cargo of a top Australian brand of coking coal was sold at $210 per tonne fob Australia to a North Asian end-user. A cargo of the same brand had changed hands at $222 per tonne cfr China just a day earlier.A mill source in Hebei's Tangshan told Me...Read More