CIS export billet prices continued to weaken on Tuesday August 14, with some producers dropping their offers to compete with low-priced imports from Turkey. ...Read More
China's domestic rebar prices continued to rise on Tuesday August 14 amid tight supply resulting from measures meant to lower pollution that are impeding steelmaking activity in various parts of the country. ...Read More
Brazilian steelmaker Usiminas has restarted two of three blast furnaces at its Ipatinga works and also partially resumed flat rolling operations, which were halted due to a gas tank explosion late last week....Read More
Chinese ferro-silicon prices started to climb last week on early signs of consumer buying interest, although increased production may temper stronger rallies, while the US market was supported ahead of expected renewed consumer demand. ...Read More
Tata Steel expects "underlying steel demand to be strong, particularly in India" in the second half of 2018, the company's chief executive officer and managing director, TV Narendran, said on Monday August 13....Read More
China's ferrous futures were subdued during morning trading on Tuesday August 14 after strong gains a day earlier, following the release of the latest data from the National Bureau of Statistics (NBS)....Read More
Brazilian steelmaker Usiminas has restarted two of three blast furnaces at its Ipatinga works and also partially resumed flat rolling operations, which were halted due to a gas tank explosion late last week....Read More
A summary of base metals premiums from across the globe for the week to Tuesday August 14....Read More
Base metals prices on the London Metal Exchange were broadly lower at the close of trading on Tuesday August 14, under pressure from a continued surge in the US dollar index while a tendency toward risk-aversion continues to work its way through the commodities landscape....Read More
Australian zinc miner New Century Resources has started zinc concentrate production at its newly refurbished Century zinc mine. ...Read More
CIS export billet prices continued to weaken on Tuesday August 14, with some producers dropping their offers to compete with low-priced imports from Turkey. ...Read More
The latest metal markets news and price moves to start the North American day on Tuesday August 14....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday August 14.Base metals prices on the Shanghai Futures Exchange succumbed to pressure from a volatile currency market during morning trading on Tuesday, with the fall of the Turkish lira against the US dollar negatively affecting market sentiment.Check Metal Bulletin's live futures repor...Read More
Base metals prices on the London Metal Exchange were broadly lower at the close of trading on Tuesday August 14, under pressure from a continued surge in the US dollar index while a tendency toward risk-aversion continues to work its way through the commodities landscape....Read More
Comex copper prices once again traded in negative territory on August 14 morning in the US, with fears over the trade war and ongoing issues in Turkey weighing on the red metal....Read More
Physical iron ore prices slipped on Tuesday August 14 after retreats in the paper markets....Read More
Turkish steel producers extended their absence from the deep-sea scrap markets while the political crisis between their country and the United States continued on Tuesday August 14....Read More
Steel mills in Russia's central region around Moscow intend to impose another increase in prices for hot-rolled (HR) and cold-rolled (CR) steel sheet due to the weakness of the national currency, Metal Bulletin heard on Tuesday August 14....Read More
Secondary aluminium alloy prices in the United States are holding steady on the back of tight ingot capacity, despite continued declines in raw material costs. ...Read More
The US physical copper market is marking time until an expected revival following the national Labor Day holiday on September 3....Read More