Base Metal Stocks Articles

PRICING NOTICE: Conclusions from Metal Bulletin's consultation on amendments to its international cobalt price specifications

February 06, 2018 / Charlotte Radford

Metal Bulletin has reviewed the feedback received as part of its consultation on amendments to its international cobalt price specifications, launched on November 27, 2017. Feedback on stage one of the consultation was invited by Friday January 12. Broadly, Metal Bulletin's aims for stage one of the consultation were as follows:To gather feedback on the proposed removal of brands that are no longe...Read More

PRICING NOTICE: Metal Bulletin widens cobalt price specifications review

February 06, 2018 / Charlotte Radford

In light of feedback received as part of the consultation on its international cobalt price specifications, Metal Bulletin is seeking additional input from those active in the cobalt market. Initial feedback was sought between Monday November 27, 2017, and Friday January 12, 2018. Full details of the November 2017 cobalt pricing consultation are here.Click here to review the findings of the origin...Read More

INTERVIEW: Cobalt market needs representative pricing for intermediates - Southgate

February 06, 2018 / Janie Davies

The cobalt market needs to find a way to price intermediate products while their share of the overall market grows, Eurasian Resources Group's head of strategic cobalt marketing Tony Southgate told Metal Bulletin. Intermediates production will continue to outpace metal production, driven by battery sector growth in particular, Southgate predicts. "The preferred feed into the battery sector is inte...Read More

INTERVIEW: Cobalt boom 'guaranteed' for 7-10 years - ERG's Southgate

February 06, 2018 / Janie Davies

Cobalt's boom days will continue for the next seven to 10 years amid strong demand from the electric vehicles sector as well as traditional cobalt consumers, according to Eurasian Resources Group (ERG) executive Tony Southgate. "Our view is that the cobalt boom is guaranteed for the next seven to 10 years," Southgate, head of strategic cobalt marketing at the Kazakh mining group, told Metal Bullet...Read More

PEOPLE MOVES: Frank Arm joins Jadis Additiva as head of sales

February 06, 2018 / Ewa Manthey

Frank Arm, Retorte's former head of sales, has joined Jadis Additiva, Metal Bulletin has learned. Arm, who left Retorte in January after eight years at the German selenium producer, joined Jadis Additiva on February 1 as its heads of sales premixes and specialties. Jadis...Read More

EU stainless steel market hopes for higher margins in 2018, Damstahl says

February 06, 2018 / Viral Shah

The European stainless steel market will hope to improve profit margins across the supply chain in 2018, amid strong order books and robust market activity, Danish distributor Damstahl said last week.Buyers will have to accept higher prices but the "outlook is promising" with European economies gaining momentum, Damstahl said.Metal Bulletin's weekly base price assessment on Friday February 2 for 2...Read More

French special steel JV Ascoval to continue production during buyer search [UPDATED]

February 06, 2018 / Viral Shah

Ascoval, a joint venture between the recently sold Ascometal and French tube and pipe producer Vallourec, will continue production while the company finds a buyer, a spokesman for Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) told Metal Bulletin late on Monday February 5.The future of Ascoval, located in Saint-Saulve, Northern France, was put in doubt when majority shareown...Read More