Ferro-chrome prices are rising in China amid domestic smelters shutdowns and South African supply concerns. Domestic ferro-chrome production shutdowns push up alloy prices in China South African charge chrome prices jump Ore prices continue to edge higher No impact from China tightness on Japan, South Korea European prices hold at 2018 high Imported ferro-chrome prices kept rising in China on Frid...Read More
Turkish steel producers extended their silence in the deep-sea scrap markets on Tuesday June 6 amid ongoing uncertainty, given the general elections that took place in the country this past weekend.Most market participants believed that the mills in Turkey would remain out of the deep-sea markets until next week, at which point they are expected to start bookings for August deliveries."The mills a...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. Latest transaction: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara Blend fines, sold at $62.92 per tonne cfr China,...Read More
Iron ore prices remained rangebound on Tuesday June 26, with the sudden depreciation in the yuan's value against the US dollar causing some jitters in the market.Metal Bulletin 62% Fe Iron Ore Index: $66.62 per tonne cfr Qingdao, up $1.13 per tonneMetal Bulletin 58% Fe Premium Index: $52.77 per tonne cfr Qingdao, down $0.29 per tonneMetal Bulletin 65% Fe Iron Ore Index: $90.40 per tonne cfr Qingda...Read More
The seaborne coking coal market softened on Tuesday June 26, with some sellers heard to have lowered their offers.A cargo of premium mid-vol materials with a mid-July laycan was heard offered "below $200 per tonne cfr China," a mill source in northeast China said. "Sentiment is not too good now. We want to wait a...Read More
Trade...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subs...Read More
Brazilian iron ore pellet producer Samarco has reached a final agreement with Brazilian authorities and its shareholders - Vale and BHP - to settle legal action that resulted from a tailings dam disaster in 2015. The agreement was signed by Samarco, Vale, BHP, and the Brazilian prosecution offices of the federal government and the states of Minas Gerais and Esp?-rito Santo, as well as other govern...Read More
China's ferrous futures tumbled in the first hour of trading on Tuesday June 26 but went on to recover most of those losses before the end of the morning session. Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,681 yuan ($563) per tonne, down 9 yuan per tonne October hot-rolled coil: 3,812 yuan per tonne, down 9 yuan per tonne Dalian Commodity Exchange September...Read More
Backwardation continues to weigh on European...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest is...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. Latest transaction: iron oreIron oreRio Tinto, tender, 190,000 tonnes of 61% Fe Pilbara...Read More
Aluminium Aluminium started this week still on the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download th...Read More
Sell-off continues Copper was the second-worst...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
Lead outperforming zinc Lead prices...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Macro sentiment has weakened, but nickel’s fundamentals...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downlo...Read More
Bulls jump ship... LME tin remained...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Bears pressure zinc to a ten-month...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soo...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday June 26*Copper -$111.30 (-731.23 yuan) Aluminium -$514.51 (-3,380.28 yuan) Zinc -$3.19 (-20.93 yuan) Nickel -$228.59 (-1,501.84 yuan) *Metal Bulletin calculates the physical arbitrage for import into...Read More
Global markets stabilized on the morning of Tuesday June 26 amid easing trade tensions, while three-month base metals prices on the London Metal Exchange have begun to consolidate after their weakness on Monday. Copper, nickel and zinc were all up by 0.2%, lead was unchanged, while aluminium and lead were the stragglers – down by 0.1% and 0.3% respectively. On an average basis, the base metal...Read More