The latest metal markets news and price moves to start the North American day on Friday August 24. ...Read More
China's domestic spot battery-grade lithium carbonate prices fell again this week on lower concluded business after buyers secured lower prices, while lithium hydroxide prices held steady on quiet buying activity though lower prices were heard in the spot market.Lithium carbonate prices keep moving down on low trading activity and buyers pushing for lower prices. Lithium hydroxide prices held...Read More
A Turkish steel mill was rumored to have booked a scrap steel cargo in the deep-sea market on Friday August 24 but the reported details of the transaction were unclear, and this kept prices unchanged on the day....Read More
Prices for light iron scrap in the UK widened downward on Friday August 24 due to weakness in other scrap markets around the world....Read More
Prices for containerized shredded scrap imported into India moved lower again this week although not as sharply as last week, with some market participants reporting better demand on Friday August 24....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
Seaborne iron ore prices rose on Friday August 24 with the high grade Carajas fines traded higher and higher....Read More
The seaborne coking coal market strengthened this week, particularly in the wake of the conclusion of a transaction on an fob Australia basis at unusually high prices....Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday August 24*...Read More
The following Metal Bulletin minor metals prices changed on Friday August 24:...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from the pricing sessions in London and Shanghai on Friday August 24....Read More
Three-month base metals prices on the London Metal Exchange were for the most part in positive territory on the morning of Friday August 24, with tin prices bucking the trend with a 0.3% decline, while the rest were up by between 0.2% for aluminium and 1.1% for lead. The three-month copper contract was up by 0.8% at $6,014 per tonne.Volume has been high with 9,953 lots traded as at 07.31am London...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Friday August 24.Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Friday, with the complex largely ignoring a resurgence of US-Sino trade tensions.Check Metal Bulletin's live futures report here.Korea Resources Corp (Kores) has initia...Read More
European stainless steel base prices have been assessed stable on Friday August 24, while alloy surcharges are set to decrease for September following announcements by some producers this week. ...Read More
Import prices for stainless steel in East Asia were little changed over the past week amid lackluster regional demand....Read More
Most US secondary aluminium alloy prices have been resisting downward pressure amid the decline in aluminium scrap prices, but discounted offers for benchmark A380.1 alloy may indicate further adjustments lower down the road....Read More
The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday August 24:...Read More
As of 3:20 PM Eastern standard time, gold futures are trading under substantial pressure. The most active December Comex contract is currently down $11.50 and fixed at $1,191.80. As in previous instances where gold has traded to lower pricing, it is the U.S. dollar that is a significant contributor to that falling price.The dollar index is currently trading up 0.56%, which is a net gain of .534 po...Read More
(Kitco News) - While the gold market could see a bounce from its recent 1.5 year low, one market strategist said that more work needs to be done before the precious metal resumes its long-term uptrend.Avi Gilburt, creator of ElliottWaveTrader.net said that he is expecting to see a small reprieve in gold’s selling pressure in the near-term and expects SPDR Gold Shares (NYSE: GLD) to push to r...Read More