The price of mesh-quality wire rod in Southern Europe narrowed slightly upwards week on week - mills in Italy looked to raise their offers ahead of the summer slowdown, sources said on Wednesday July 17.Fastmarkets' assessment of the price of steel wire rod (mesh-quality), domestic, delivered Southern Europe, was ?,?475-500 ($533-562) per tonne on Wednesday, narrowing upwards week on week from ?,?...Read More

The price of domestic rebar produced and delivered in Northern Europe remained unchanged over the past week due to limitedbuying activity, sources told Fastmarkets on Wednesday July 17.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was ?,?500-520 ($562-584) per tonne on Wednesday, unchanged from one week earlier on July 10."Most market...Read More

The United States' ferrous scrap export market is enjoying momentum on the West Coast, with a pair of bulk cargoes and decent container sales concluded, while the East Coast remains quiet.From the West Coast, one cargo for an 80:20 mix of No1 and No2 heavy melting scrap was sold to Vietnam at $308 per tonne cfr on Thursday July 11 and another for the same material to Taiwan at $303...Read More

Turkish steel mills continued to stay away from the deep-sea scrap market on Wednesday July 17, because of the sluggish finished steel demand, sources told Fastmarkets.After booking a UK cargo at $288 per tonne cfr for HMS 1&2 (80:20), the mills have stayed out of the market despite still needing to buy more cargoes for August deliveries."The steel producers in Turkey need to buy scrap for August...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Latest transactions: iron oreIron oreVale, Global Ore, 85,000 tonnes of 65% Fe Iron Ore Carajas, traded at $128.70 per tonne cfr China, bill of lading dated July 8.BHP, bilateral...Read More

Trading activity in the seaborne coking coal market was muted on Wednesday July 17 with Chinese buyers and global sellers digesting the implications of restrictions on imported coal at ports in China. Earlier this week, the Port of Caofeidian in Hebei province restricted customs declarations to only local end users, market sources said on Tuesday. This effectively bars traders from using the port...Read More

BHP expects to produce 73-79 million tonnes of metallurgical coal over the next year even as it plans major wash plant shutdowns for the current quarter.The mining major said on Wednesday July 17 that it produced 20.98 million tonnes of metallurgical coal in the April-June period, down 1.2% year on year amid lower wash plant yields.Its output for the 12 months ended June 30 totaled 74.5 million to...Read More

BHP expects its Western Australia Iron Ore operations to produce 273-286 million tonnes of the steelmaking raw material on a 100% basis over the next 12 months amid a significant maintenance program at the Port of Port Hedland, from which it ships its cargoes abroad."As part of this, a major car dumper maintenance campaign is planned for the September 2019 quarter, with a corresponding impact expe...Read More

Global alumina prices have plummeted over the past two months in June and July due to poor demand and a surplus of excess cargoes in the market.Alumina prices in Western Australia, Brazil and China are all down over 15% since May and close to their lowest level in over two years. This is a stark contrast to this time last year, when alumina prices were trading close to record highs following strik...Read More

Eastern China's domestic prices for hot-rolled coil continued to pick up strength on Wednesday July 17, while those in the northern region held steady.DomesticEastern China (Shanghai): 3,890-3,910 yuan ($566-569) per tonne, up 10 yuan per tonneNorthern China (Tianjin): 3,850-3,860 yuan per tonne, unchangedRising futures stimulated trading in the spot market in eastern China, resulting in more buyi...Read More

China's domestic rebar prices maintained their upward momentum on Wednesday July 17 amid rising futures. Domestic Eastern China (Shanghai): 3,980-4,010 yuan ($579-583) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,900-3,930 yuan per tonne, up 10 yuan per tonneSome buyers raised their procurement rates to replenish their inventories on seeing the gains in the futures market.End users m...Read More

Key data from Fastmarkets' Wednesday July 17 pricing session in Europe:Key drivers The ferro-titanium market moved down amid a decline in spot demand for ferro-titanium for the past couple of months in response to a weakening European steel market, which is likely to remain quiet over the summer. The ferro-titanium market is close to its floor, according...Read More

The following Fastmarkets minor metals prices changed on Wednesday July 17:Minor metalsAntimony max 100ppm Bi, in-whs Rotterdam $/tonne: $5,950-6,200 per tonne from $6,000-6,200Antimony MMTA standard grade II, in-whs Rotterdam, $/tonne: $5,800-6,000 per tonne from $5,900-6,150Cadmium 99.95% min, cif global ports, cents/lb: 105-115 per lb...Read More

A multi-year low in the cobalt metal price in China triggered the speculative buying witnessed over the week to July 12, which is likely to be followed by restocking activity in the spot market, Fastmarkets learned.Fastmarkets' assessment of the price for cobalt 99.8% Co min, ex-works China was at 210,000-230,000 yuan ($12.27-13.43 per lb, minus China VAT) per tonne on Friday July 12, down nearly...Read More

Trade negotiations between the United States and China following a meeting between the countries' leaders on the sidelines of the Group of 20 (G20) summit in Japan at the end of last month have not progressed as well as investors had hoped. Instead, relations between the world's two largest economies remain frosty following a report that China will sanction US firms that sell weapons to Taiwan. In...Read More

Import prices for stainless steel in East Asia rose over the week ended Wednesday July 17 after producers adjusted their asking prices upward in response to a rally in the price of nickel on the London Metal Exchange.Following seven consecutive days of gains after July 5, the price of nickel, 3 months, LME Daily Official, ended the official trading session on July 16 at a 2019 high of $13,960-13,9...Read More

Germany's Wieland Group has completed its previously announced acquisition of Global Brass & Copper (GBC), the company said in a statement on Tuesday July 16.Wieland, a supplier of semi-finished copper and copper alloy products, had announced in April this year it would acquire Schaumburg, Illinois-based GBC's outstanding shares for $44 apiece.GBC shares ceased trading on the New York Stock Exchan...Read More

Money Kartell pr??sentiert "Sirenen" von Tommy (prod. von SOTT)Vato EP hier vorbestellen: http://wmg.click/Tommy_VatoAYFolgt Tommy:Facebook: https://www.facebook.com/tommymoneyka...Instagram: https://www.instagram.com/tommy_money...Producer: SOTThttps://www.instagram.com/sottmusicMix von Tim Schoon & Matteo SchwanenengelMaster: Volker "IDR" GebhardtVideo von Dilnashttps://instagram.com/dilnasANFRA...Read More

Gold and gold stocks especially continue to shrug off bits and pieces of bad news.No escalation in the trade war? The selloff lasted one day and the sector rebounded strongly the following day.Strong headline jobs number? Again, the weakness was a buying opportunity.This past week there was more.The June CPI report came in hotter than expected, which could mitigate the degree the Fed eases in the...Read More

Gold and gold stocks especially continue to shrug off bits and pieces of bad news.No escalation in the trade war? The selloff lasted one day and the sector rebounded strongly the following day.Strong headline jobs number? Again, the weakness was a buying opportunity.This past week there was more.The June CPI report came in hotter than expected, which could mitigate the degree the Fed eases in the...Read More