Recent News

LIVE FUTURES REPORT 09/12: Strong US jobs report pulls SHFE base metals prices higher; Cu climbs 1.8%

December 10, 2019 / www.metalbulletin.com

Base metals prices on the Shanghai Futures Exchange were up across the board during the morning trading session on Monday December 9, supported by better-than-expected US jobs data and positive trade developments.The upward momentum seen across the SHFE base metals complex was mainly the result of strong US employment figures released at the end of last week (see other highlights below), which spu...Read More

Brazilian car output falls by 7% in November

December 10, 2019 / www.metalbulletin.com

Brazilian vehicle production decreased by 7.1% year on year in November, according to figures released by national automotive association Anfavea.Vehicle output totaled 227,455 units, compared with 244,771 units in November 2018 and 288,519 units in October. Exports totaled 31,734 units last month, a 7.9% decrease from 34,441 units in November 2018. ...Read More

PRICING NOTICE: Delayed publication of CIS export billet index

December 10, 2019 / www.metalbulletin.com

Fastmarkets published its CIS export billet index later than scheduled on Monday December 9 but it is now appearing as normal. Fastmarkets calculated the steel billet index export, fob Black Sea, CIS at $400 per tonne on Monday December 9. The index was published in Fastmarkets' pricing database, MInD, later than scheduled due to an administrative error. MInD has now been updated with the lat...Read More

Brazilian flat-steel use to rise by 4.7% in 2020 and support higher prices, CSN says

December 10, 2019 / www.metalbulletin.com

Brazilian steel demand is set to grow in 2020 and support higher domestic prices, Companhia Sider??rgica Nacional (CSN) said in a presentation filed with securities commission CVM.The company expected flat-rolled steel apparent consumption to total 12.92 million tonnes next year, rising by 4.7% in comparison with an estimated 12.34 million tonnes for 2019.Most of that growth would come from a 10%...Read More

CHINA HRC: Tight supply, new iron ore options push up prices

December 10, 2019 / www.metalbulletin.com

China's hot-rolled coil prices regained some strength on Monday December 9 amid some supply tightness and an overall pick-up in trading activity in the ferrous market after the Dalian Commodity Exchange launched its iron ore options.DomesticEastern China (Shanghai): 3,810-3,820 yuan ($541-543) per tonne, up 50 yuan per tonneNorthern China (Tangshan): 3,670 yuan per tonne, up 40 yuan per tonneTradi...Read More

Asian slab import prices climb despite concerns of supply glut from Brazil

December 10, 2019 / www.metalbulletin.com

Import prices for steel slab in Southeast Asia and East Asia rose during the week to Monday December 9 despite concerns that a potential supply glut could emerge after United States President Donald Trump threatened to restore tariffs on steel imports from Argentina and Brazil.Sources told Fastmarkets that the uptrend in prices has already been disrupted by concerns that Brazilian steelmakers may...Read More

Rising demand provides slight boost to rebar import prices in Singapore

December 10, 2019 / www.metalbulletin.com

Import prices for rebar in Singapore climbed over the past week because of slight pick-up in buying interest, reflecting continued increases in the costs of steelmaking raw materials.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore, which mainly looks at cargoes sold into Singapore on a theoretical-weight basis, was at $435-440 per tonne in the week to M...Read More

ASIA HRC: Suppliers raise offers but demand remains thin

December 10, 2019 / www.metalbulletin.com

Suppliers raised their offers for hot-rolled coil into Vietnam over the past week but ran into thin demand from buyers.Fastmarkets' assessment for steel HRC import, cfr Vietnam, which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam, was $465-470 per tonne cfr Vietnam for the week ending Monday December 9, up $3-8 per tonne from $457-467 per tonn...Read More

Chile's CAP expects iron ore sales to fall by 29-36% in 2019 to 9-10mln tonnes

December 10, 2019 / www.metalbulletin.com

Iron ore sales volumes from Chilean producer Compa???-a de Acero de Pac?-fico (CAP) are poised to fall by roughly 30% year on year in 2019, as shipments from Guacolda port took longer than expected to resume following an accident in November 2018.Full-year shipments are expected to total 9-10 million tonnes, down by 29-36% from 14 million tonnes in 2018, CAP said on Friday December 6. Early in 201...Read More

DAILY SCRAP REPORT: Mills end the week in silence [CORRECTED]

December 10, 2019 / www.metalbulletin.com

Turkish steel producers stayed out of the deep-sea scrap market on Friday December 6 after booking several cargoes earlier in the week to push prices up by more than $10 per tonne since Monday, sources told Fastmarkets.No new cargoes have been booked or come to light during the last two days of the working week. On Monday, it emerged that a steel mill in the Marmara region had booked a U...Read More

IRON ORE DAILY: Mid-grade seaborne price cross $90/tonne, Chinese futures see huge gains

December 10, 2019 / www.metalbulletin.com

The mid-grade seaborne price rose above the $90-per-tonne mark on Monday December 9, for the first time since November 25, while Chinese futures saw strong gains on the Dalian Commodity Exchange.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.93 per tonne, up $4.87 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $93.02 per tonne, up $4.87 per tonne.62% Fe low-alumina fines, cfr Qingd...Read More

COKING COAL DAILY: Market inches up amid lack of new drivers

December 10, 2019 / www.metalbulletin.com

Seaborne coking coal prices were largely steady on Monday December 9, with buying activity from China setting the direction and pushing cfr China prices marginally higher.Fastmarkets indicesPremium hard coking coal, fob DBCT: $136.21 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $149 per tonne, up $1.78 per tonneHard coking coal, fob DBCT: $121.33 per tonne, unchangedH...Read More

Brazilian pig iron export prices rise after further sales to China

December 10, 2019 / www.metalbulletin.com

Pig iron export prices from Brazil increased again on continued sales to China in the week to Friday December 6, sources told Fastmarkets.Fastmarkets' weekly price assessment for pig iron export, fob port of Vitoria/Rio was $305-310 per tonne on Friday, up from $302-303 per tonne a week earlier.One cargo of around 40,000 tonnes of pig iron was sold to...Read More

Strong premiums for seaborne iron ore concentrate, pellets

December 10, 2019 / www.metalbulletin.com

Prices for seaborne iron ore concentrate and pellets were largely steady last week, though premiums gained some strength.ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao was at $103.99 per tonne last Friday December 6, little changed from $104.11 per tonne a week earlier.The daily Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao averaged $100....Read More

CHINA REBAR: Rising raw materials futures prop up domestic prices

December 10, 2019 / www.metalbulletin.com

China's domestic rebar prices picked up on Monday December 9 amid rising iron ore and coke futures.Eastern China (Shanghai): 3,900-3,930 yuan ($554-558) per tonne, up 30 yuan per tonneNorthern China (Beijing): 3,640-3,680 yuan per tonne, up 10 yuan per tonneThe Dalian Commodity Exchange launched iron ore options during the day, which stimulated trading activity for the steelmaking raw materials' f...Read More

GLOBAL ANTIMONY SNAPSHOT: Chinese, European prices under pressure on persistent muted demand

December 10, 2019 / www.metalbulletin.com

Key data from the pricing sessions in Asia and Europe for the week ended Friday December 6.ChinaKey drivers The price of antimony, MMTA standard grade II, ddp China, dipped for the fifth consecutive week in the week ended December 6 after some suppliers adjusted their offer prices down further in an attempt to destock and generate cash amid persistently weak buying interest.Many domestic antimony...Read More

Cobalt sellers hold offers firm against price uptick in China

December 10, 2019 / www.metalbulletin.com

Prices for cobalt stabilized during the first week of December, with sellers less open to accepting cheaper bids than they had been in November, although spot trade remained slow. Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam settled at $15.75-16.20 per lb on Friday December 6, narrowing downward by 10 cents from $15.75-16.30 per lb on Wednesday December 4.Prices f...Read More

Golf Clash tips, Playthrough, Hole 1-9 - PRO *Tournament Wind* - Holiday Hills Tournament!

December 10, 2019 / www.youtube.com

Hey guys and gals,0:11 - Intro1:48 - Hole 1, Par 32:59 - Hole 2, Par 54:46 - Hole 3, Par 46:51 - Hole 4, Par 37:54 - Hole 5, Par 49:59 - Hole 6, Par 511:55 - Hole 7, Par 314:07 - Hole 8, Par 415:38 - Hole 9, Par 5-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comThis video is sponsored by Golf Clash and Playdemic.This is the playthrough for Rookie division in the Holiday Hills Tournament.Le...Read More

Golf Clash tips, Playthrough, Hole 1-9 - EXPERT *Tournament Wind* - Holiday Hills Tournament!

December 10, 2019 / www.youtube.com

Hey guys and gals,0:10 - Intro1:20 - Hole 1, Par 32:26 - Hole 2, Par 54:15 - Hole 3, Par 45:39 - Hole 4, Par 36:45 - Hole 5, Par 48:45 - Hole 6, Par 510:45 - Hole 7, Par 312:04 - Hole 8, Par 414:08 - Hole 9, Par 5-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comThis video is sponsored by Golf Clash and Playdemic.This is the playthrough for Rookie division in the Holiday Hills Tournament.Le...Read More

Is Cultural Appropriating Really An Issue & Why Do Only BLK-WMN Complain About It?

December 10, 2019 / www.youtube.com

CLICK HERE TO SEE THE ENTIRE VIDEO THAT YOUTUBE WONT LET U SEE https://tjskoc.com/culturalappropriat...BUY THE MOVIE NOW AT https://www.afatherlessamerica.comCLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU & PURCHASE TICKETS FOR THE ANTI PC TOUR! https://www.tjskoc.com/preordertickets/donate at http://www.paypal.me/tommysotomayorOther Ways To donate belowdonate via venmo @tommysoto...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok