Matthew Campbell is to join Triland Metals Ltd as co-head of London Metal Exchange sales, marking the third member of the former Scotiabank team to be hired by the company in recent weeks. ...Read More
The latest news and price moves to start the North American day on Thursday August 30....Read More
European alloy surcharges for stainless steel products have fallen for the second consecutive month on the back of falling nickel prices. ...Read More
Aluminium prices on the London Metal Exchange edged marginally lower during morning trading on Thursday August 30, tempered by US president Trump's decision to exempt some aluminium products from import tariffs, while another sizeable fresh cancellation added upward pressure to prices. ...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday August 30*...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
International metals group Liberty House will almost double production of hot rolled coil (HRC) at its Newport rolling mill in South Wales, UK, in 2018, the company said on Thursday August 30....Read More
China's hot-rolled coil prices fell on Thursday August 30 on expectations of an increase in supply amid rising production and the absence of signs pointing to restrictions tied to the winter heating season being rolled out in September....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
China's domestic rebar prices moved down on Thursday August 30, in line with weak demand and lower futures. ...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday August 30.Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Thursday, with only copper and nickel bucking the trend.Copper prices underperformed on the SHFE during the early session on Thursday, with the metal's most-traded copper cont...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 4 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 214,000 from 210,000 last week. Actual was 213,000. Consensus for July Personal Income was an increase of 0.4% versus a gain of 0.4% in June. A...Read More
Trading activity in the seaborne iron ore market was limited on Thursday August 30 with buyers and sellers refusing to compromise amid price drops in China's steel markets....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 was largely unchanged on Thursday August 30 amid a gradual convergence of offers and bids....Read More
China's metallurgical coke market has sustained robust momentum, with domestic and export prices raised to historical highs....Read More
China's coke future tumbled during morning trading on Thursday August 30, while the other ferrous contracts ended the session little changed from their opening prices....Read More
Key data from the Wednesday August 29 pricing session in Shanghai. Cobalt metal - China domestic cobalt metal price dipped during the midweek pricing session to 470,000-500,000 yuan per tonne ($26.94-28.66 per lb China VAT-free), following local producers' destocking activities. - Spot trades have been thin with Jinchuan branded cobalt changing hands at 470,000-475,000 yuan per tonne. Offers for i...Read More
Import prices for stainless steel in East Asia remained largely stable over the past week amid limited trading, low demand and a softening nickel market....Read More
China's domestic stainless steel prices moved up slightly over the past week although demand remained soft....Read More