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 its 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
Colorado School of Mines is launching a new, broad-based Bachelor of Science in Engineering degree this fall that integrates the strength of a Mines technical degree with the flexibility to pursue individual interests and passions.This will be the first time Mines has offered a general engineering degree since 2012, when the previous iteration was transformed into four separate degree programs for...Read More
Base metals prices on the London Metal Exchange are for the most part little changed this morning, Tuesday March 13. The exceptions are copper, where the three-month price is down by 0.4% at $6,888 per tonne, and zinc which is up by 0.6% at $3,262 per tonne.Volume has been average with 6,532 lots traded as of 07.02am London time. This follows a day of weakness on Monday when the base metals comple...Read More
Hiroki Oda has been appointed vice president, marketing and sales, for Freeport Cobalt, based in Tokyo, Japan, US-based parent company Freeport-McMoRan has announced.Oda will be responsible for strategy development, marketing and global sales for the entire Freeport Cobalt product line, and will report to Stephen Higgins, president of Freeport Cobalt.He was previously Freeport Cobalt's global busi...Read More
Despite the better-than-expected 2018 Chinese government's subsidy policy on electric vehicles (EVs), cobalt demand in local market is likely to be subdued after transitional period specified in the new policy expires in June, market participants told Metal Bulletin.As the market had expected, China's 2018 EV subsidy policy prioritizes pure EVs with a higher driving range and energy density. Yet,...Read More
Lead was the strongest performer on the London Metal Exchange on Tuesday March 13 - closing 2.2% higher.8,000 tonnes of lead was freshly cancelled in Antwerp this morning giving fresh support to prices while stocks tighten once again. LME warrants are also tightly held with one entity holding 30-39% of warrant positions."Lead is carrying out some much needed base-building after breaking below $2,4...Read More
Due to a change in publication time by the London Bullion Market Association (LBMA) to midnight on the day of publication, the daily LBMA gold and silver prices will be published by Metal Bulletin on the following day. The change will apply to the prices below from April 1, 2018: Gold London Morning Daily Price $ per troy oz Gold London Morning Daily price ? per troy oz Gold London Afternoon...Read More
Iron ore prices stayed above $69 per tonne cfr China on Tuesday March 13 on a lack of trading activity. Metal Bulletin's 62% Fe Iron Ore Index Today: $69.78 per tonne cfr Qingdao Daily change: down by $0.15 per tonne Month-to-date average: $74.41 per tonne Metal Bulletin's 58% Fe...Read More
The manganese ore price-trend outlook was firmly above $8 per dry metric tonne unit (dmtu) on Friday March 9, while producers reckon consumer interest will act as support, though there was a downbeat assessment among consumers. Ore producers say they are sold out through April But Chinese consumers signal otherwise Europe holds, awaits quarterly deals US markets held in rangesMajor manganese ore p...Read More
The prices for imported rebar in the United Arab Emirates and Saudi Arabia increased this week with higher offers, but demand for imports was still very low, sources told Metal Bulletin on Tuesday March 13.Demand for locally produced rebar in the UAE, however, remained strong.Domestic rebarThe major rebar producers in the UAE rolled over their prices for March and April production late in February...Read More
Cross-border trading, which makes up a significant portion of the volume of the futures industry, is becoming increasingly more challenged, according to Futures Industry Association (FIA) president and chief executive officer Walt Lukken.This is one of several unintended consequences of solving the global financial crisis of 2008-09 that is having a negative impact on futures markets, Lukken said,...Read More
China is set to dominate global financial trading in the next decade, with that country finally opening up direct access to its futures markets while deepening its footprint further in the West, according to Futures Industry Association (FIA) president and chief executive officer Walt Lukken. While China's potential to play a major role in the financial markets has been long-documented, the countr...Read More
A summary of base metals premiums across the globe for the week to Tuesday March 13.Click on...Read More
Early starts to the slew of labor negotiations due at Chilean copper mines this year could mitigate the risks to supply, Antofagasta chief executive officer Iv??n Arriagada said today.Arriagada added that he was positive of the company's own negotiations with miners at its Los Pelambres project."What we've seen, which is positive, is that many companies have advanced negotiations, which has given...Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday March 13* Copper -$111.71 (-708.72 yuan) Aluminium -$446.11 (-2,830.28 yuan) Zinc -$94.05 (-596.69 yuan) Nickel -$517.84 (-3,285.41 yuan) *Metal Bulletin calculates the physical...Read More
Import volumes of steel products from China into Latin American countries dropped by 50% year-on-year in January, according to figures released by regional steel association Alacero on Tuesday March 13.Latin America imported 412,000 tonnes of steel from China during the month, compared with 822,000 tonnes a year before.Meanwhile, China's total steel exports decreased by 39% to 4.40 million tonnes...Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) forecasts a rise in special steel long product demand and prices in 2018, the company said after reporting successful results for 2017.Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) forecasts demand and price growth for special steel long products in 2018, the company said after reporting successful result...Read More
The latest bids, offers and deals in the global markets for steel billet, slab and bloom. ...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transactions: HRC, CRC, HDGHot-rolled coilIndia, export, hot-rolled coil (2mm), offered at $640-650 per tonne cfr, to the UAE. China, export, hot-rolled coil (2mm), offered at $620-630...Read More