Domestic rebar prices in Poland have moved down slightly over the past week due to decline of scrap costs in September, sources told Fastmarkets on Friday September 27.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland, was 2,060-2,080 zloty ($514-519) per tonne on September 27, down by 10 zloty per tonne from 2,070-2,090 zloty per tonne.The assessmen...Read More

Malaysia has imposed provisional anti-dumping duties on imports of steel rebar produced in Turkey and Singapore, the country's Ministry of International Trade & Industry (MITI) said earlier this week.The provisional tariffs will be effective for 120 days, covering the period from September 24 until January 21, 2020.The products subject to the provisional duties fall under the following HS codes:72...Read More

On the second anniversary of becoming a HeForShe Thematic Champion and partnering with UN Women, De Beers Group on Thursday announced that more than 700 women micro-entrepreneurs in Namibia and South Africa have successfully completed their training.The Accelerating Women Owned Micro-Enterprises (Awome) programme was also recently launched in Botswana, creating more opportunities for women micro-e...Read More

Angola is considering the creation of a diamond exchange. This was stated by the country’s Mineral Resources and Petroleum Minister, Diamantino Azevedo, during the recent inauguration of a diamond polishing facility (Angola’s third) in Luanda. (Diamantino means ‘diamantine‘.)Currently, all the country’s diamonds that are produced by semi-industrial and artisanal opera...Read More

Sales of ferrous scrap imported into India resumed this week at lower prices after a pause in trading last week that was triggered by a sudden price drop in the Turkish scrap market, sources told Fastmarkets on Friday September 27.Fastmarkets' weekly price assessment for steel scrap, shredded, index, import, cfr Nhava Sheva, India, was $251.81 per tonne on Friday, down from $256.82 per tonne one w...Read More

Turkish steel producers have skipped the last day of the week and refrained from any deep-sea purchases, digesting the week's previous transactions, sources said on Friday September 27.Domestic mills in the country have booked nine deep-sea cargoes so far this week, totaling almost 300,000 tonnes, with the most recent deals booked from the Baltic Sea region.A steel mill in the Izmir region booked...Read More

No major sales were completed in the Commonwealth of Independent States' pig iron export market during the week to Thursday September 26, although market levels went down on free falling scrap prices and a general pessimistic mood.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS declined to $290-295 per tonne on Thursday September 26 from $295-...Read More

Fastmarkets published its iron ore daily indices 79 minutes later than scheduled and its iron ore weekly indices 130 minutes later than scheduled on Friday September 27 due to technical problems.The following indices were published in Fastmarkets' price book later than scheduled:Iron ore 58% Fe fines, cfr Qingdao, $/tonneIron ore 62% Fe fines, cfr Qingdao, $/tonneIron ore 65% Fe fines, cfr Qi...Read More

Physical iron ore fines prices were rangebound on Friday September 27 while the lump premium traded higher.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.85 per tonne, down by $0.06 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $91.24 per tonne, down by $0.06 per tonne.62% Fe low-alumina fines, cfr Qingdao: $90.46 per tonne, up by $1.01 per tonne.58% Fe fines high-premium, cfr Qin...Read More

Trading activity in the second-tier hard coking coal segment of the seaborne market emerged this week after several weeks of inactivity.Premium hard coking coal, fob DBCT: $132.73 per tonne, down $0.87 per tonnePremium hard coking coal, cfr Jingtang: $153.59 per tonne, unchangedHard coking coal, fob DBCT: $121.25 per tonne, down $1.25 per tonneHard coking coal, cfr Jingtang: $132.76 per tonne, unc...Read More

China's domestic hot-rolled coil prices continued to weaken on Friday September 27 but exporters of the product maintained their offers, though weakening demand is expected to put pressure on them to make concessions.DomesticEastern China (Shanghai): 3,600-3,610 yuan ($505-506) per tonne, narrowing downward by 20 yuan per tonneNorthern China (Tangshan): 3,520 yuan per tonne, down 30 yuan per tonne...Read More

An overview of the minor metals markets and their latest price moves.Read More

The following Fastmarkets minor metals prices changed on Friday September 27:Minor metalsCobalt 99.8% Co min, ex-works China, yuan/tonne: 300,000-320,000 yuan per tonne from 300,000-31,500 yuanCobalt tetroxide 72.6% Co min, delivered China, yuan/tonne: 225,000-230,000 yuan...Read More

Fastmarkets has corrected its indium 99.99%, in-whs Rotterdam published on Friday September 27, which was published incorrectly initially due to an error.Fastmarkets' weekly price assessment for indium 99.99%, in-whs Rotterdam was originally published at $150-175 per kg on September 27. This has now been corrected to $150-170 per kg. Fastmarkets' price book and database have been updated to reflec...Read More

An overview of the Chinese minor metals markets in the week ended Friday September 27, and the reasons for their latest price moves.Read More

Equity index futures moved higher this morning. S&P 500 futures were up 8 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for August Durable Goods Orders was a drop of 1.2% versus a gain of 2.0% in July. Actual was an increase of 0.2. Excluding Transportation Orders, consensus for August Durable Goods Orders was an...Read More

Key data from the pricing sessions in China, Europe and the United States for the week ending Friday September 27. Europe The high carbon ferro-chrome price dropped at the top end of the current range after reports of deals done below that range, although most sources reported quiet business conditions.The market is expected to be relatively quiet ahead of the fourth-quarter European charge and h...Read More

Stainless steel prices in Europe have remained stable for a second week but increases will be inevitable next week because of higher October alloy surcharges, sources told Fastmarkets on Friday September 27.Because of high nickel prices in recent weeks, it was expected that some European stainless steel mills this week would announce monthly alloy surcharges for October at substantially higher lev...Read More

Fall is a beautiful and easily enjoyable time of year. With rising heating costs, the holidays on the horizon, and then tax season looming shortly thereafter, it can bring serious financial stress to some people, though.The good news is there are plenty of ways to save money in the fall. With these frugal tips, not only can you survive fall, you can enjoy yourself and revel in the season, too!Save...Read More

I'm all for treating myself to some of life's luxuries, but I won't splurge to the point where it starts to hurt my finances.Sadly, for a lot of Americans the latter is true.In fact, the average US adult spends $1,497 a month on nonessential items, according to a recent survey conducted by OnePoll. That's roughly $18,000 a year on things we can all do without.The survey revealed that the average p...Read More