Iron ore prices softened on Monday August 27, with Metal Bulletin's 62% Fe Iron Ore Index-Low Alumina debuting at $71.15 per tonne cfr China....Read More
The seaborne coking coal spot market quietened down on Monday August 27 after several cargoes were traded last week at prices that did not depict a clear trend. ...Read More
North China's hot-rolled coil prices fell amid futures market losses on Monday August 27 though those in the country's eastern region bucked the trend amid expectations of demand becoming more robust in the months to come....Read More
Mining operations have been suspended at the Tshipi Borwa Manganese Mine on the orders of South Africa's Department for Mineral Resources (DMR), the mine's owner has announced."Jupiter has been informed that the South African Department of Mineral Resources has served a Section 54 notice on the Tshipi Borwa Manganese Mine. It cites breaches relating mainly to recent pit wall failure and to drillin...Read More
Iron ore prices softened on Monday August 27, with Metal Bulletin's 62% Fe Iron Ore Index-Low Alumina debuting at $71.15 per tonne cfr China....Read More
Comex copper prices began the week on a positive note, supported by a weaker dollar and improved fundamental backdrop....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Monday August 27.Base metals prices on the Shanghai Futures Exchange gave a mixed performance during Asian morning trading on Monday, with copper, zinc and tin moving up while the others were little changed to weaker.Continued weakness in the dollar provided broad-based support to the SHFE bas...Read More
Base metals prices on the Shanghai Futures Exchange gave a mixed performance during Asian morning trading on Monday August 27, with copper, zinc and tin moving up while the others were little changed to weaker. Continued weakness in the dollar provided broad-based support to the SHFE base metals, while copper prices were further buoyed by an improved fundamental backdrop.The most-traded October co...Read More
Turkey produced 22.2 million tonnes of crude steel in January-July 2018, a 2.77% increase over 21.6 million tonnes produced in the corresponding period in 2017, according to the Turkish Steel Producers Association (T???oeD)....Read More
North China's hot-rolled coil prices fell amid futures market losses on Monday August 27 though those in the country's eastern region bucked the trend amid expectations of demand becoming more robust in the months to come....Read More
Import prices for rebar in Singapore held steady over the past week amid limited negotiations in the spot market....Read More
Re-rolling-grade hot-rolled coil from Turkey failed to have much of an effect on the Vietnamese import market over the past week....Read More
China's domestic rebar prices fell on Monday August 27 amid weakness in the futures market and soft demand....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
U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points in pre-opening trade.Tesla dropped $8.25 to $314.50 after Elon Musk decided to not to take the company private.Mexico iShares (EWW $51.19) are expected to open higher in anticipation of a bi-lateral agreement with the U.S. that could be reached today as part of NAFTA negotiations.Pfizer (PFE$42.40) is expecte...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 quietened down on Monday August 27 after several cargoes were traded last week at prices that did not depict a clear trend. ...Read More
Various restrictions on the production of pellets in China have continued to fuel prices for this iron ore product while weighing on demand for concentrate....Read More
China's ferrous futures tumbled across the board during morning trading on Monday August 27, with the rebar contract leading the downtrend....Read More
In his first speech as Fed Chairman at the economic conference in Jackson Hole, Jerome Powell's speech resulted in the U.S. dollar trading lower and a strong upside move in gold pricing. In his speech, Powell said that the central bank's gradual path of interest rate hikes remains "'appropriate' as there does not seem to be "an elevated risk of overheating."Acutely aware that the Federal Reserve i...Read More