Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB. Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis is on a $ per lb basis. Fastmarkets MB prices Click here for Fastmarket MB's price assessment for cob...Read More

Demand for flat steel in Turkey is expected to remain slow throughout January, and prices are not expected to increase because global flat steel prices are falling, market participants told Fastmarkets on Thursday January 3.Local producers have filled their order books until late February, they added.The price falls in December resulted in part from weak demand in the local market as well as the h...Read More

Turkey's flat steel export volumes rose by 139.17% year on year in November, according to the latest data from the Turkish Statistical Institute (TUIK).The reason for the increase in export volumes was strong overseas demand, especially in Europe, as well as weak domestic demand in Turkey, market participants told Fastmarkets.Additionally, export prices for Turkish flat steel products were highly...Read More

Fastmarkets worked to empower its customers in 2018 - a year when they had to navigate metal markets in which fundamentals were often tightening even as greater political restraints were placed on trade than for many years.Here's a quick review of the key developments, which also indicate our direction for 2019:We consulted in detail with the industry to meet its requirements for greater transpare...Read More

Turkish domestic long steel markets have remained weak because of limited demand, especially in the construction sector, in addition to increased material imports from Iran, sources said on Thursday January 3.Fastmarkets' weekly price assessment for Turkey domestic rebar was TRY2,800-2,850 ($522-531) per tonne ex-works on January 3, narrowing from TRY2,750-2,900 per tonne last week.The local rebar...Read More

Steel billet import prices into Egypt fell this week, while local rebar prices remained unchanged, sources said on Thursday January 3.Fastmarkets MB's weekly price assessment for steel billet imported into Egypt was $435-440 per tonne cfr on Thursday, falling from $440-445...Read More

Turkish rebar and wire rod export markets have remained silent due to weak demand and the holiday periods, while the prices were falling further, sources said on Thursday January 3.Fastmarkets' weekly price assessment for rebar exports out of Turkey was $445-455 per tonne fob on actual weight basis on January 3, down from $450-460 per tonne on December 27 last week.Domestic mills...Read More

The pig iron export market in the Commonwealth of Independent States (CIS) remained silent this week because of the new year holiday period, while buyers' mood remained bearish because of the weak scrap and final products markets.Fastmarkets' CIS export price assessment for high-manganese pig iron was $340-345 per tonne fob Black Sea on Thursday January 3, narrowing downward from $340-350 per tonn...Read More

The Turkish scrap import market was silent on Thursday January 3, with the mills staying away from scrap purchases due to sluggish finished steel demand in Turkey. Most suppliers were still on leave due to the New Year holiday, sources said.The most recent cargo booked into the country took place last weekend from the Baltic Sea, at $283 per tonne cfr for HMS 1&2...Read More

Anglo American's base metals division will get its own executive to run operations as part of a change to its top management team, the company said on Thursday January 3. Base metals operations, which currently function under the strategy and business division, will be separated on March 1 and run by Ruben Fernandes, the current chief executive officer of Anglo American Brasil. The miner has also...Read More

Turkish billet prices have continued to fall over the past week in line with the weak rebar and scrap markets, sources said on Thursday January 3.Fastmarkets' weekly price assessment for billet imports into Turkey was $405-425 per tonne cfr on Thursday, down from last week's $425-430 per tonne.The fall in the assessment came after a deal...Read More

Steel billet import prices into Egypt fell this week, while local rebar prices remained unchanged, sources said on Thursday January 3.Fastmarkets MB's weekly price assessment for steel billet imported into Egypt was $435-440 per tonne cfr on Thursday, falling from $440-445...Read More

Fastmarkets worked to empower its customers in 2018 - a year when they had to navigate metal markets in which fundamentals were often tightening even as greater political restraints were placed on trade than for many years.Here's a quick review of the key developments, which also indicate our direction for 2019:We consulted in detail with the industry to meet its requirements for greater transpare...Read More

Fastmarkets worked to empower its customers in 2018 - a year when they had to navigate metal markets in which fundamentals were often tightening even as greater political restraints were placed on trade than for many years.Here's a quick review of the key developments, which also indicate our direction for 2019:We consulted in detail with the industry to meet its requirements for greater transpare...Read More

China's domestic stainless steel prices held steady over the past week amid growing pessimism about the market in January.Fastmarkets MB's price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,200-14,800 yuan ($2,068-2,156) per tonne including value-added tax for the week ended Wednesday January 2, unchanged from a week earlier.Transactions were sparse ov...Read More

Import prices for stainless steel in East Asia were little changed over the past week, with trading activity yet to pick up following the year-end holiday season.Fastmarkets MB's import price assessment for 304 stainless 2mm trimmed cold-rolled coil in East Asia was $1,890-1,950 per tonne cif for the week ended Wednesday January 2, down $10 per tonne from a week earlier.Fastmarkets MB's import pri...Read More

Fastmarkets worked to empower its customers in 2018 - a year when they had to navigate metal markets in which fundamentals were often tightening even as greater political restraints were placed on trade than for many years.Here's a quick review of the key developments, which also indicate our direction for 2019:We consulted in detail with the industry to meet its requirements for greater transpare...Read More

Japanese steel plate supply is expected to remain tight in 2019 on firm demand from downstream segments, especially the key shipbuilding industry, a source at a leading Japan-based steel mill told Fastmarkets MB."Both domestic and global demand for steel plate is healthy, and we expect that there will continue to be limited supply for both local and export customers," the source said.Plate export...Read More

Demand for flat steel in Turkey is expected to remain slow throughout January, and prices are not expected to increase because global flat steel prices are falling, market participants told Fastmarkets on Thursday January 3.Local producers have filled their order books until late February, they added.The price falls in December resulted in part from weak demand in the local market as well as the h...Read More

Turkey's flat steel export volumes rose by 139.17% year on year in November, according to the latest data from the Turkish Statistical Institute (TUIK).The reason for the increase in export volumes was strong overseas demand, especially in Europe, as well as weak domestic demand in Turkey, market participants told Fastmarkets.Additionally, export prices for Turkish flat steel products were highly...Read More