Aluminium Aluminium prices are under pressure after breaking...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 d...Read More
Iron ore prices fell in both the physical and paper markets on Tuesday June 19 amid threats of a new round of tariffs by the United States on Chinese imports.Metal Bulletin 62% Fe Iron Ore Index: $66.45 per tonne cfr Qingdao, down by $2.04 per tonneMetal Bulletin 58% Fe Premium Index: $53.62 per tonne cfr Qingdao, down by $0.57 per tonneMetal Bulletin 65% Fe Iron Ore Index: $86.80 per tonne cfr Qi...Read More
Copper hit by broad-based sell-off across...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...Read More
There was little movement in the seaborne coking coal market on Tuesday June 19 with both buyers and sellers remaining on the sidelines.China's coke sector - which has been under strict production restrictions since early this year due to the Chinese government making an aggressive push toward cutting emissions - remains a major determining factor for price movements in the coking coal market."End...Read More
Weaker macro backdrop, but lead’s...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...Read More
Another ‘higher-low’ coming Although nickel prices have...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 d...Read More
Australian iron ore producer Hancock Prospecting has made an all-cash bid to acquire Atlas Iron, the latter said on Monday June 18. "The Redstone offer represents a 41% premium to the implied value of [Mineral Resources Limited's] proposal as at close of trading on 15 June 2018," Atlas Iron said. Redstone Corp is a wholly owned subsidiary of Hancock Prospecting. In April this year, Mineral Resourc...Read More
Tin gives back its recent gains... 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...Read More
Dollar rally erodes previous gains Zinc...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 a...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
Chinese ferrous futures all declined during morning trading on Tuesday June 19 amid threats of a fresh round of tariffs by the United States on Chinese imports.Futures closing prices - morning sessionShanghai Futures Exchange October rebar: 3,781 yuan ($587) per tonne, down 84 yuan per tonneOctober hot-rolled coil: 3,859 yuan per tonne, down 74 yuan per tonne Dalian Commodity Exchange September ir...Read 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
Further threats of US tariffs against China has spooked the markets and three-month base metals prices on the London Metal Exchange were down across the board on the morning of Tuesday June 19, with the complex down by an average of 0.5%. This adds to the weakness seen in the second half of last week. Copper led the decline with a 1.2% fall to $6,891 per tonne, followed by a 0.7% drop in aluminium...Read More
U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 28 points in pre-opening trade. Futures are responding to a proposal to impose tariffs on an additional $200 billion of U.S. imports. The Shanghai Composite Index plunged 3.82% in overnight trade. Index futures were virtually unchanged following release of U.S.M ay Housing Starts released at 8:30 AM EDT. Conse...Read More
Base metals on the London Metal Exchange were broadly lower during morning trading on Tuesday June 19, after escalated trade tensions between the United States and China, as well as a surging dollar index, pile pressure on the complex. Nickel prices recorded the sharpest drop of the complex, falling more than 2% to a low of $14,580 per tonne during morning trading. Initially shrugged off by the ba...Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday June 19*Copper -$129.17 (-837.31 yuan) Aluminium -$544.04 (-3,526.46 yuan) Zinc -$37.11 (-240.55 yuan) Nickel -$168.28 (-1,090.80 yuan) *Metal Bulletin calculates the physical arbitrage for import into...Read More
Further threats of US tariffs against China has spooked the markets and three-month base metals prices on the London Metal Exchange were down across the board on the morning of Tuesday June 19, with the complex down by an average of 0.5%.This adds to the weakness seen in the second half of last week.Copper led the decline with a 1.2% fall to $6,891 per tonne, followed by a 0.7% drop in aluminium (...Read More
The latest metal markets news and price moves to start the North American day on Tuesday June 19. Base metals on the London Metal Exchange were broadly lower during morning trading after escalated trade tensions between the United States and China, as well as a surging dollar index, pile pressure on the complex.Nickel prices recorded the sharpest drop of the complex, falling more than 2% to a...Read More
Antimony prices continued their downward trend last week in Europe, while prices in China remained unchanged.Prices for antimony with bismuth content below 100ppm or trioxide-grade in-warehouse Rotterdam moved down to $8,050-8,300 per tonne on Friday June 15 from the mid-week assessment of $8,150-8,400 per tonne, when prices fell from $8,200-8,450 per tonne in line with the current downtrend.The M...Read More
The Chinese domestic ferro-silicon market has lost earlier gains as a result of slow demand outweighing environmentally driven production cuts and anticipated tighter supply. Meanwhile, the European market has been stable ahead of the third-quarter delivery settlements between alloy suppliers and consumers in the steel sector. China drops in line with demand, set to fall further in near termEurope...Read More