CIS export billet prices inched down on Friday August 31 due to little activity in the market, according to market sources....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
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
Turkish import and export prices for steel billet have hit rock bottom but were expected to recover with the latest uptick in imported scrap values, sources said on Friday August 31....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
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...Read More
Key data from the pricing session in the week ending Friday August 31. ...Read More
The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday August 31:...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
.. will be released on Tuesday September 4th. Monday is Labour Day holiday in Canada and the U.S.BNN Appearance Tonight:Jon Vialoux will be on BNN's Market Call Tonight at 6:00pm ET this Friday, August 31st taking your calls on Technical Analysis and Seasonal Investing. CALL TOLL-FREE 1-855-326-6266, EMAIL marketcall@bnnbloomberg.ca, or TWEET @MarketCall.Pre-opening Comment...Read More
China's domestic battery-grade lithium carbonate prices fell again on Thursday August 30 amid continued slow demand and cheap offers from sellers needing to lock in cash, while the lithium hydroxide market resisted further declines, though cheaper prices were reported for lower quality units. Lithium carbonate prices fall again in China with sellers facing greater competition to sell units Lithium...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Friday August 31.Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Friday August 31 with aluminium and copper weakening while the rest of the complex registered slight gains. The slightly bullish performance follows the release of better-than-e...Read More
Prices for light iron scrap in the UK have stabilized over the past week and little change is expected ahead of consumer settlements that are likely to drop for deliveries in September, sources told Metal Bulletin on Friday August 31....Read More
No new bookings were heard in the United States pig iron market during the week ended Friday August 31 because buyers were cautious about a likely decline in scrap prices in September....Read More
Turkish steel mills re-entered the spot market for steel scrap on Thursday despite holding back early in the week of Monday August 27 to Friday August 31, and despite a national holiday on Thursday....Read More
Prices for containerized shredded scrap imported into India have risen this week, supported by good demand and an increase in international scrap prices, sources told Metal Bulletin....Read More
Turkish steel producers continued to book deep-sea scrap on Friday August 31 with prices moving downward, albeit slowly....Read More
Seaborne iron ore lump premiums traded notably higher on Friday August 31, while fines prices also edged up....Read More
Buying activity in the seaborne coking coal spot market largely gave prices a boost on Friday August 31....Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Friday August 31*...Read More