Comex copper prices fell to a multi-week low during morning trading on September 4 in the US, due to a stronger dollar and persistent fears that tariffs will spread globally.Copper for December settlement on the Comex division of the New York Mercantile Exchange tumbled 7.55 cents or 2.8% to $2.5955 per lb. Earlier this morning, the contract fell to $2.58 per lb, the lowest since August 15."After...Read More
The latest news and price moves to start the North American day on Tuesday September 4.Base metals' prices on the London Metal Exchange were lower across the board during morning trading on Tuesday September 4, pressured by broad risk-aversion and volatile emerging markets amid Argentina's fresh austerity measures to stem the country's peso crisis.Falling 1.6% over the morning, the three-month nic...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday September 4*Copper $25.51 (174.58 yuan) Aluminium -$423.80 (-2,900.47 yuan) Zinc $140.16 (959.22 yuan) Nickel $290.82 (1,990.34 yuan) *Metal Bulletin calculates the physical arbitrage for import into China daily by using SHFE front-month and LME...Read More
Prices for domestically produced steel plate in the United States were unchanged, with market participants mostly reporting indicators of market strength and extended wait times at the mills.Sales volumes were reported to be brisk in August, and end-user segments have been active enough that customers are still willing to pay the highest prices for plate since 2011. When mills open up their order...Read More
ArcelorMittal's Veri??a long products mill in the Asturias region in north-west Spain is to supply India's Delhi Metro Rail Corp with 6,350 tonnes rail steel.The head-hardened rail is destined for the Mumbai Metro rail project, the steelmaker told Metal Bulletin on Tuesday September 4, and deliveries for project are expected to start in 2019, ArcelorMittal said.The Veri??a rail mill has...Read More
Still...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.Subs...Read More
Aluminium price hit highest level since...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 a...Read More
Prices for imported rebar in the United Arab Emirates increased during the week ending Tuesday September 4, even though demand continued to be limited, sources told Metal Bulletin.Market activity has failed to improve since the Islamic Eid al-Adha holiday at the end of August.Domestic rebarThe biggest steel producer in the UAE, Emirates Steel, was still offering rebar at 2,178 dirhams ($593) per t...Read More
Aluminium LME aluminium needs to close above 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...Read More
In this week’s analysis, we identify...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
Lead prices go it alone...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
Flat steel import prices in the United Arab Emirates and Saudi Arabia have been mostly stable over the past week, with demand remaining poor, sources told Metal Bulletin on Tuesday September 4.Late August was the Islamic Hajj and Eid al-Adha religious celebrations and holidays in the Gulf region. Demand has remained low since then, with buyers waiting for prices to fall.UAEHot-rolled coil (HRC) wa...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebarOman, export, rebar, offered at $580-585 per tonne cfr, theoretical weight,...Read More
Stainless market – falling prices and oversupply Our...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...Read More
In this week’s analysis, we review...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 a...Read More
In this week’s analysis, we aim...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
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 mixed this morning, Tuesday September 4, with price changes ranged between up by 0.7% for aluminium and down by 0.3% for nickel. Copper and zinc prices were up by 0.2%, with the former at $5,959 per tonne, while lead and tin prices were off by 0.2%. Volume has been low with 4,568 lots traded as at 06.28am London time. Precious metals...Read More
Following extensive market engagement, Metal Bulletin proposes changes to the specification of 0.10% C low-carbon ferro-chrome Europe price specification to narrow the range of chromium content to 65-70%.At present, Metal Bulletin considers all price points for low-carbon ferro-chrome with a carbon and chromium content of 0.10% and 60-70% chrome respectively into the existing low-carbon ferro-chro...Read More