China's domestic hot-rolled coil prices dipped on Friday July 2 on retreating futures, with sentiment being subdued by a lifting of production and logistical curbs in northern China that were imposed in the past week. DomesticEastern China (Shanghai): 5,430-5,480 yuan ($838-846) per tonne, down by 20-30 yuan from 5,460-5,500 yuan per tonne. Northern China (Tangshan) weekly assessment: 5,320-5,380...Read More

East China's rebar prices dropped on Friday July 2 due to weak demand on poor weather during the day, ending the week 10 yuan per tonne lower than June 25.DomesticEastern China (Shanghai): 4,830-4,860 yuan ($746-750) per tonne, down by 40-50 yuan per tonneNorthern China (Beijing) weekly assessment: 4,780-4,820 yuan per tonne, up by 20-30 yuan per tonneHeavy rain in large parts of eastern and south...Read More

Most base metal inventories in Shanghai Futures Exchange-registered warehouses dropped in the week to Friday July 2, with zinc registering the largest fall in percentage terms at 8% week on week.Zinc inventories fell by 2,824 tonnes on Friday to 32,490 tonnes, with the largest outflow from the Quansheng Logistics warehouse in Shanghai, where stocks were down by 2,852 tonnes to 12,604 tonnes, accor...Read More

Aluminium and copper prices on the London Metal Exchange remained firm during morning trading on Friday July 2 amid low-volume trading. The three-month aluminium price was most recently at $2,527 per tonne, up by $15 per tonne from $2,512 per tonne at the close of trading on Thursday. The contract has trading in a tight range of $2,506-2,527 per tonne on Friday morning. LME aluminium stock levels...Read More

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday July 2, and were looking quite divergent. Base metalsLME three-month copper ($9,314 per tonne) and aluminium ($2,516 per tonne) were up by 0.5% and 0.3% respectively, while the rest were down by an average of 0.3%, led by a 0.7% fall in nickel ($17,970 per tonne). In recent days,...Read More

An overview of the aerospace materials markets and the latest price moves.Cristina Belda and Dalila Ouerghi...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies and...Read More

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam, $/lb...Read More

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt hydroxide p...Read More

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More

Monthly European alloy steel surcharges for grade-316 stainless steel have surged for July because of a sharp increases in the price of molybdenum, Fastmarkets heard on Friday July 2.Fastmarkets' calculation of stainless steel cold-rolled sheet 316 2mm alloy surcharge domestic, Europe was ?,?2,902-2,946 ($3,439-3,492) per tonne for July, up by ?,?242-271 per tonne from June.The substantial increas...Read More

China's leading stainless steel producer, Tsingshan Group, has raised its tender prices for July-delivery ferro-chrome by 950 yuan ($147) per tonne from that for the preceding month, the company said on Friday July 2.The eastern China-based mill set its tender price for July-delivery high-carbon ferro-chrome at 8,395 yuan per tonne. The latest tender price is 12.76% higher than the 7,445 yuan per...Read More

Explorer Banyan Gold (TSXV: BYN) is on track to deliver a second resource estimate early in 2022 for its flagship AurMac property in the Yukon, president and CEO Tara Christie tells The Northern Miner.She expects a busy six months of news flow ahead as the team wraps up the field season at the early-stage exploration property, which Christie says forms part of an emerging district-scale gold-silve...Read More

Battery metals prices have seen a strong recovery in the first half of 2021, and in its H1 Battery Metals Outlook report, which forecasts demand to 2030, BloombergNEF projects markets for key battery metals to remain robust.Starting with projected total battery demand, the research company noted that its forecast for 2030 demand has risen 35% over the last year. Now, BloombergNEF expects demand to...Read More

Spot activity in the Vietnamese ferrous scrap import market remained extremely thin amid poor demand from steel mills, sources told Fastmarkets.There was a transaction confirmed for an August-shipment cargo at $484 per tonne cfr southern Vietnam, against offers at $490-500 per tonne cfr Vietnam.Bids were at $480 per tonne cfr Vietnam."It is very, very quiet this week because of the large bid-...Read More

Interest in China for imported blister copper remained lackluster in June, with copper buyers showing a preference for domestic blister and copper scrap, Fastmarkets heard on Friday July 2.Refining charges (RC) for the intermediate product ticked upward last month, with more availability, and suppliers noting a lack of appetite for extra units.Fastmarkets assessed the copper blister 98-99% RC, spo...Read More

A flurry of low-priced transactions for Russian hot-rolled coil into Vietnam during the week to Friday July 2 has shocked market participants in Asia, causing prices to fall and depress sentiment, sources told Fastmarkets.The deals follow Russia's announcement on June 24 that it would impose temporary export duties on ferrous and non-ferrous metals sold outside the Eurasian Economic Union from Aug...Read More

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