Metals...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.Sub...Read More
Price revisits January 2017 low 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 the latest issue as so...Read More
Aluminium The LME three-month aluminium price closed on...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
Zinc premiums in Europe dropped while the backwardation remained wide this week, while lower lead prices increased spot interest in India and Southeast Asian countries, driving lead premiums higher. The zinc premium for Rotterdam is at its lowest level since August 2009, while the Antwerp level is at its lowest since the price assessment launched in 2017. The backwardation in the London Metal Exch...Read More
Tight supply, but disappointing demand Although...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
Major talking points among copper market participants attending the annual LME Asia Week in Hong Kong this week are whether Chinese copper demand for April and May is weaker compared with previous years and when high domestic copper stocks in China will decrease. Sustained high copper stocks in the Shanghai-bonded zone have fueled market worries that copper demand in China is foundering and that t...Read More
Deterioration in US-China trade talks...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
Top-ranked price forecaster in Q1... Fastmarkets was 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 t...Read More
Off to a poor start to...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’...Read More
Q1 reporting season in full swing 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 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
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
Import volumes of flat and long steel products into Brazil moved in opposite directions in April, according to figures released recently by the country's economy ministry.Imports of flat steel products fell by 25.70% year-on-year in April, to 97,534 tonnes, compared with 131,265 tonnes in April 2018.The decrease was mainly due to reduced imports of heavy plate, partially offset by higher volumes o...Read More
With US-China trade talks appearing to have soured, it is somewhat surprising that the metals markets are not weaker. But, confirmation that Chinese vice premier Liu He’s trip to Washington on Thursday May 9 is to go ahead, suggests there may still be a chance of a trade deal and that seems to be encouraging some dip-buying in the metals.Base metals Three-month base metals prices on the Londo...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points in pre-opening trade. Index futures responded partially to another 1.12% drop by the Shanghai Composite Index to 2,893.76 McKesson added $1.57 to $127.25 after reporting higher than consensus fiscal fourth quarter earnings. Wendy's added $0.28 to $18.75 after reporting higher than consensus first quarter sal...Read More
The price for rebar produced and delivered in Southern Europe remained unchanged this week amid quiet market activity, participants told Fastmarkets on Wednesday May 8.Fastmarkets' weekly price assessment for domestic rebar in Southern Europe was ?,?500-510 ($560-571) per tonne delivered on Wednesday, unchanged from May 1.There was an expectation among participants that the market would be flooded...Read More
Fastmarkets published its CIS export billet index later than scheduled on Wednesday May 8 but it is now appearing as normal.Fastmarkets' CIS export billet index, fob Black Sea, was published in the price book later...Read More
Iranian export prices for steel slab and billet have decreased over the past week with deals agreed at lower values, sources told Fastmarkets on Wednesday May 8.Recent bookings for Iran-origin steel billet were heard done in Asia at $380-385 per tonne fob. The total volume of these exports was more than 40,000 tonnes.Fastmarkets' weekly price assessment for Iranian...Read More
Brazilian steelmaker Gerdau saw its sales volumes go down by 22.90% year on year during the first quarter of 2019 after divesting operations in Chile, India and the United States throughout 2018, the company said in an earnings report published on Wednesday May 8.The reported showed sales volumes of 2.99 million tonnes for January-March, compared with 3.87 million tonnes in the first quarter of 20...Read More
One of the downsides to saving large sums of cash is it starts to burn a hole in your pocket. When I was a kid, my grandparents would occasionally give me a $10 bill after I'd go visit for a week. I had zero tolerance for saving back then, so I would spend it on candy and comic books almost immediately. Since then, I've built up a pretty good tolerance against spending cash. I've seen too many fin...Read More