Seaborne premium hard coking coal prices were unchanged on Thursday June 25 amid an absence of Chinese market participants due to a public holiday in China to mark the Dragon Boat Festival.Fastmarkets indicesPremium hard coking coal, fob DBCT: $113.79 per tonne, unchanged. Premium hard coking coal, cfr Jingtang: $122.83 per tonne, unchanged.Hard coking coal, fob DBCT: $89.57 per tonne,...Read More
The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt standard grade, in-whs Rotterdam at $14.15-14.65...Read More
The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Read More
CORRECTION AND APOLOGY TO JINWANG BISMUTH When Fastmarkets first published the below article, on Monday 22 June 2020, it erroneously stated that Jinwang Bismuth was in bankruptcy. Jinwang subsequently made clear to us that the claim was not correct, that Hunan Jinwang Bismuth has applied to the People's Court of Chenzhou for restructuring, and that it remains a going concern. Fastmarkets acted dil...Read More
CCMA has hired James Heywood as a trader, the US metal and alloy raw materials trading house told Fastmarkets.Heywood, who will be based in Europe, joined the company this month with the task of expanding CCMA's European business, it told Fastmarkets on Wednesday June 24. His focus will be in minor metals and noble alloys as well as assisting...Read More
Credit ratings agency Fitch Ratings has downgraded Ferroglobe for the third time in a year, citing the company's limited ability to sell additional assets while enduring continued declines in silicon prices. In the latest downgrade, to a rating of 'CCC-' from 'CCC+', Fitch said it does not expect an improvement in silicon metal prices until 2021, "with recovery likely to be slow and fragile"."Alth...Read More
Turkey has returned to the ferrous scrap market and purchased a cargo from the United States at lower prices compared with previous deals.The 27,500-tonne deal includes an 80:20 mix of No1 and No2 heavy melting scrap at $261 per tonne,...Read More