The rebounds in the base metals have paused in recent days; we wait to see if the better-than-expected Chinese official manufacturing purchasing managers' index (PMI) acts as a boost as we approach September and the end of the summer slowdown. The PMI edged up to 51.3 in August from 51.2 in July, but it also came in better than the 51.0 that was expected. Three-month base metals prices on the Lond...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Metal Bulletin's lithium market reporter, Martim Facada, and price development manager, Jon Mulcahy, explain the indicators that allowed for the transition from an assessment-based pricing mechanism to an index, for the Chinese domestic lithium carbonate market.Metal Bulletin Group has developed a clear and rigorous price discovery process throughout its history of more than 100 years. This price...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More
Italian steel trade unions have announced company-wide strike action at troubled Italian steelmaker Ilva, to take place on Tuesday September 11, four unions said in a joint statement on Friday August 31.The statement was co-signed by Fim-Cisl, Fiom-Cgil, Uilm and Usb.The decision to strike comes amid continued uncertainty over the future of the flat steel producer, after Luigi Di Maio, Italy's min...Read More
Prices for coated steel coil products in Turkey decreased in the week ended Friday August 31, with sentiment turning negative after the Turkish lira started to lose further value after the week-long Eid al-Adha religious holiday of last week....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More
Domestic prices for rebar in Poland have been stable over the week, while the mills are aiming at higher prices, sources told Metal Bulletin....Read More
Metal Bulletin's Turkey domestic rebar and Turkey domestic wire rod price assessments, which have been changed from $ per tonne to Turkish lira per tonne, will include 18% VAT. Following from the previous pricing notice, the Turkish domestic market trades rebar and wire rod in Turkish lira and with 18% VAT included, therefore; Metal Bulletin's price assessments for these products will also include...Read More
Alloy steel scrap prices in Europe were unchanged this week for all grades, although there was growing pressure on prices for chrome steel scrap grades, sources told Metal Bulletin on Friday August 31....Read More
Pig iron exporters in Brazil were insisting on high offer prices on Friday August 31, despite low bids, the weakness of the country's currency and the increased availability of material....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More
Steel slab export prices from Brazil narrowed downward in the week ended Friday August 31, with demand in the United States muted due to uncertainty about quota limits and high inventories....Read More
Indian local secondary billet prices in the last week of August fell by at least 200 rupees ($3) per tonne when demand slowed down and the number of inquiries dwindled....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More
Base prices for flat and long stainless steel products in Europe were unchanged in the week ended Friday August 31 despite the fact that alloy surcharges were likely to go down in September....Read More
Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More
Italian steel trade unions have announced company-wide strike action at troubled Italian steelmaker Ilva, to take place on Tuesday September 11, four unions said in a joint statement on Friday August 31.The statement was co-signed by Fim-Cisl, Fiom-Cgil, Uilm and Usb.The decision to strike comes amid continued uncertainty over the future of the flat steel producer, after Luigi Di Maio, Italy's min...Read More
Alloy steel scrap prices in Europe were unchanged this week for all grades, although there was growing pressure on prices for chrome steel scrap grades, sources told Metal Bulletin on Friday August 31....Read More