Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2021 MB60Top StoriesLIVE FUTURES 28/10: Base metals rally on LME, aluminium up 2.3% on large volumesBase metals prices on the London Metal Exchange were up across the board at the 5pm close of trading on Thursday October 28, continuing to rebound following a recent period of widespread selling. http://www.metalbulletin.com/Article/4014064/LIVE-FUTURES-2810-Base-metals-rally-on-LME-aluminium-up-23-on-large-volumes.htmlThu, 28 Oct 2021 16:55:00 GMTArcelorMitttal slows downstream steel production in France on weak automotive demandArcelorMittal has moved forward scheduled maintenance of its galvanizing lines at its Florange site in northeastern France due to reduced demand from the automotive industry, a company representative told Fastmarkets.http://www.metalbulletin.com/Article/4014025/ArcelorMitttal-slows-downstream-steel-production-in-France-on-weak-automotive-demand.htmlThu, 28 Oct 2021 16:33:00 GMTCIS STEEL BILLET: Prices soften as Chinese demand falls awayPrices for steel billet exports from the Commonwealth of Independent States region continued to soften in the week to Thursday October 28 amid an unfavorable environment in the global market. http://www.metalbulletin.com/Article/4014031/CIS-STEEL-BILLET-Prices-soften-as-Chinese-demand-falls-away.htmlThu, 28 Oct 2021 15:52:00 GMTEUROPE HRC: Market flat, but price rises likely soonEuropean prices for steel hot-rolled coil were broadly stable on Thursday October 28, with buyers and mills continuing to hold back from the market although sentiment was upbeat, sources told Fastmarkets. http://www.metalbulletin.com/Article/4014020/EUROPE-HRC-Market-flat-but-price-rises-likely-soon.htmlThu, 28 Oct 2021 15:38:00 GMTCIS PIG IRON: Prices keep rising amid limited availabilityPrices for pig iron originating from the Black Sea basin continued to grow in late October, supported by limited availability of the material.http://www.metalbulletin.com/Article/4014026/CIS-PIG-IRON-Prices-keep-rising-amid-limited-availability.htmlThu, 28 Oct 2021 15:27:00 GMTChina’s domestic alumina prices flat after aluminium price tumblesDemand and prices for alumina in China were in limbo this week because market participants have become cautious after a steep decline in downstream aluminium prices, Fastmarkets heard on Thursday October 28. http://www.metalbulletin.com/Article/4013976/Chinas-domestic-alumina-prices-flat-after-aluminium-price-tumbles.htmlThu, 28 Oct 2021 14:03:00 GMTEGYPT STEEL BILLET, REBAR: Billet import prices fall on weak demand; rebar prices inch upThe price assessment for imported billet into Egypt decreased in the week to Thursday October 27, but local rebar prices widened upward on higher offers, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013968/EGYPT-STEEL-BILLET-REBAR-Billet-import-prices-fall-on-weak-demand-rebar-prices-inch-up.htmlThu, 28 Oct 2021 13:43:00 GMTPRICING NOTICE: Extension of the consultation period for the amendment to Fastmarkets’ UG2 chrome ore specificationsFastmarkets is extending the consultation period for its proposal to amend the name and specifications of its UG2 chrome ore price index.http://www.metalbulletin.com/Article/4013970/PRICING-NOTICE-Extension-of-the-consultation-period-for-the-amendment-to-Fastmarkets-UG2-chrome-ore.htmlThu, 28 Oct 2021 12:59:00 GMTCHINA PIG IRON: Prices edge up on tight supply from BrazilPrices for imports of basic pig iron into China have inched upward over the past fortnight, after transactions for Brazilian cargoes completed on October 15, sources told Fastmarkets on Thursday October 28. http://www.metalbulletin.com/Article/4013974/CHINA-PIG-IRON-Prices-edge-up-on-tight-supply-from-Brazil.htmlThu, 28 Oct 2021 12:37:00 GMTASIA STEEL SCRAP DIGEST: Sentiment down amid billet re-exports, lower Turkish pricesBuy-side sentiment in key Asian steel scrap markets has been hurt by news that Chinese trading firms were offering Southeast Asian buyers steel billet which was already imported into China, together with recent falls in the scrap price in Turkey, sources said on Thursday October 28. http://www.metalbulletin.com/Article/4013966/ASIA-STEEL-SCRAP-DIGEST-Sentiment-down-amid-billet-re-exports-lower-Turkish-prices.htmlThu, 28 Oct 2021 12:18:00 GMTAT A GLANCE: LKAB's Q3 performance remains strong amid solid iron ore demand, high pricesA summary of Swedish state-owned iron-ore producer LKAB’s financial results for the third quarter of 2021, ending September 30http://www.metalbulletin.com/Article/4013971/AT-A-GLANCE-LKABs-Q3-performance-remains-strong-amid-solid-iron-ore-demand-high-prices.htmlThu, 28 Oct 2021 12:11:00 GMT‘Interesting’ margins to be made from melting ‘difficult scrap’ - Norsk Hydro CEONorwegian aluminium and renewable energy company Norsk Hydro is looking at ways to use less-clean scrap in low-carbon ingot production, according to chief executive officer Hilde Merete Aasheim.http://www.metalbulletin.com/Article/4013979/Interesting-margins-to-be-made-from-melting-difficult-scrap-Norsk-Hydro-CEO.htmlThu, 28 Oct 2021 12:10:00 GMTCOKING COAL DAILY: Premium cfr price softens after China customs clears stranded Australian coalThe cfr-basis price for premium hard coking coal softened on news that China allowed stranded Australia-origin coal to clear customs on Thursday October 28, but prices in the seaborne fob market were strong on new trade. http://www.metalbulletin.com/Article/4013980/COKING-COAL-DAILY-Premium-cfr-price-softens-after-China-customs-clears-stranded-Australian-coal.htmlThu, 28 Oct 2021 11:48:00 GMTIRON ORE DAILY: Prices down after Tangshan launches tougher emissions restrictionsIron ore prices were largely down on Thursday October 28, after a dip in demand following the introduction of stricter emissions restrictions in China's steelmaking hub of Tangshan, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013977/IRON-ORE-DAILY-Prices-down-after-Tangshan-launches-tougher-emissions-restrictions.htmlThu, 28 Oct 2021 11:21:00 GMTCHINA HRC: Tangshan’s latest curbs on production likely to slow down decline in pricesChina’s domestic hot-rolled coil prices fell further on Thursday October 28, but market participants expect the decline to slow down after the Tangshan steelmaking hub introduced stricter production restrictions.http://www.metalbulletin.com/Article/4013973/CHINA-HRC-Tangshans-latest-curbs-on-production-likely-to-slow-down-decline-in-prices.htmlThu, 28 Oct 2021 10:50:00 GMTSOUTHERN EUROPE WIRE ROD: Producers push for higher prices, buyers hold backSteel wire rod producers in Southern Europe have tried to increase offer prices this week, despite buyer resistance, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013965/SOUTHERN-EUROPE-WIRE-ROD-Producers-push-for-higher-prices-buyers-hold-back.htmlThu, 28 Oct 2021 10:10:00 GMTNEWSBREAK: ArcelorMittal eyeing substantially higher flat steel contract prices ArcelorMittal has raised its offer prices for long-term contracts to the automotive industry and other large steel-consuming sectors, sources told Fastmarkets on Thursday October 28.http://www.metalbulletin.com/Article/4013960/NEWSBREAK-ArcelorMittal-eyeing-substantially-higher-flat-steel-contract-prices.htmlThu, 28 Oct 2021 09:59:00 GMTStranded Australian coal allowed to clear customs in ChinaAustralian coal cargoes that have completed their customs declarations in China before October 2020 but ended up being stranded as a result of a ban imposed by the Chinese government that month are being allowed into the country.http://www.metalbulletin.com/Article/4013964/Stranded-Australian-coal-allowed-to-clear-customs-in-China.htmlThu, 28 Oct 2021 09:35:00 GMTLIVE FUTURES 28/10: LME base metals prices rebound; copper, nickel up more than 1%Base metals prices on the London Metal Exchange rebounded during morning trading on Thursday October 28, with nickel and copper leading the pack higher.http://www.metalbulletin.com/Article/4013963/LIVE-FUTURES-2810-LME-base-metals-prices-rebound-copper-nickel-up-more-than-1.htmlThu, 28 Oct 2021 09:32:00 GMTChina’s cobalt metal price falls, bucking global trendChina’s cobalt metal prices declined this week in response to weak demand and cautious downstream buyers - diverging from the international trend for higher benchmark prices.http://www.metalbulletin.com/Article/4013957/Chinas-cobalt-metal-price-falls-bucking-global-trend.htmlThu, 28 Oct 2021 09:23:00 GMTChina's Tangshan region implements open-ended steelmaking restrictionsNorth China steel production hub Tangshan introduced stricter production cuts at steel mills, coking plants and rerollers from Thursday October 28, to improve air quality, the municipal government said in a notice to manufacturers. http://www.metalbulletin.com/Article/4013952/Chinas-Tangshan-region-implements-open-ended-steelmaking-restrictions.htmlThu, 28 Oct 2021 08:01:00 GMTFOCUS: Sources caution against potential supply misjudgment amid rising ‘invisible manganese ore stocks’For anyone purely judging manganese ore supply in China by looking at port stocks, he or she could misread the market supply picture due to rising “invisible stocks” in the past one to two months, sources told Fastmarkets. http://www.metalbulletin.com/Article/4013948/FOCUS-Sources-caution-against-potential-supply-misjudgment-amid-rising-invisible-manganese-ore-stocks.htmlThu, 28 Oct 2021 04:17:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 27Here are five Fastmarkets stories you might have missed on Wednesday October 27 that are worth another look.http://www.metalbulletin.com/Article/4013945/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-27.htmlWed, 27 Oct 2021 23:05:00 GMTTight supply sends Europe’s low-carbon ferro-chrome prices soaringThe low-carbon ferro-chrome market in Europe leapt over the two weeks to Tuesday October 26 to a multi-year high due to extremely tight availability, with some sellers not offering on the spot market and consumers scrambling to find material.http://www.metalbulletin.com/Article/4013919/Tight-supply-sends-Europes-low-carbon-ferro-chrome-prices-soaring.htmlWed, 27 Oct 2021 18:38:00 GMTCONSUMER ELECTRONICS RAW MATERIALS 27/10: Battery-grade lithium prices in Europe, US keep climbingAn overview of the consumer electronics markets and their latest price moves.http://www.metalbulletin.com/Article/4013914/CONSUMER-ELECTRONICS-RAW-MATERIALS-2710-Battery-grade-lithium-prices-in-Europe-US-keep-climbing.htmlWed, 27 Oct 2021 18:33:00 GMTSPECIALTY STEEL RAW MATERIALS 27/10: FeMo price up on tight spot supply; long-term negotiations continueAn overview of the specialty steel raw materials markets in Europe and their latest price moves. http://www.metalbulletin.com/Article/4013916/SPECIALTY-STEEL-RAW-MATERIALS-2710-FeMo-price-up-on-tight-spot-supply-long-term-negotiations-continue.htmlWed, 27 Oct 2021 18:33:00 GMTINTERVIEW: Finance no longer a bottleneck to expansion plans, Greatpower Nickel & Cobalt president saysConsolidating its position in the battery materials supply chain amid fierce competition is the biggest challenge facing Greatpower Nickel & Cobalt Materials Co, company president Dongqiang Cao told Fastmarkets in an interview. http://www.metalbulletin.com/Article/4013705/INTERVIEW-Finance-no-longer-a-bottleneck-to-expansion-plans-Greatpower-Nickel-and-Cobalt-president.htmlWed, 27 Oct 2021 18:30:00 GMTBIR 2021: Labor shortage in scrap industry is 'the single biggest issue' - SA Recycling Labor shortages across the global scrap industry pose the biggest threat to growth, according to a panel discussion at the Bureau of International Recycling (BIR) conference in Brussels on Tuesday October 26.http://www.metalbulletin.com/Article/4013911/BIR-2021-Labor-shortage-in-scrap-industry-is-the-single-biggest-issue-SA-Recycling.htmlWed, 27 Oct 2021 18:21:00 GMTEUROPE HRC: Trading activity slow; mills to increase offersTrading activity in the European hot-rolled coil market was slow on Wednesday October 27, but mills are likely to seek price rise due to increasing production costs, sources told Fastmarkets. http://www.metalbulletin.com/Article/4013915/EUROPE-HRC-Trading-activity-slow-mills-to-increase-offers.htmlWed, 27 Oct 2021 17:52:00 GMTIranian steel billet, slab exporters quiet on Asian market weaknessIranian exporters of billet and slab were quiet in the week ended Wednesday October 27 amid asoftening of the Asian long and flat steel markets, particularly in China, which has been one of the main export outlets for their material this year. http://www.metalbulletin.com/Article/4013912/Iranian-steel-billet-slab-exporters-quiet-on-Asian-market-weakness.htmlWed, 27 Oct 2021 17:40:00 GMTBASE METAL WARRANTS 27/10A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 27.http://www.metalbulletin.com/Article/4013872/BASE-METAL-WARRANTS-2710.htmlWed, 27 Oct 2021 17:20:00 GMTLIVE FUTURES 27/10: All base metals prices down on LME; aluminium, tin fall 5%Base metals prices on the London Metal Exchange were down across the board at the 5pm close of trading on Wednesday October 27, following a further drop in coal prices and widespread selling. http://www.metalbulletin.com/Article/4013917/LIVE-FUTURES-2710-All-base-metals-prices-down-on-LME-aluminium-tin-fall-5.htmlWed, 27 Oct 2021 17:17:00 GMTRUSSIA FLAT STEEL: Prices rise again on active buying, imminent end of export dutyActive buying interest, limited offers from mills and export sales activity - because of the imminent expiry of a temporary export duty - pushed flat steel prices in the Russia’s Central Federal District around Moscow up again in the week to Monday October 25, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4013873/RUSSIA-FLAT-STEEL-Prices-rise-again-on-active-buying-imminent-end-of-export-duty.htmlWed, 27 Oct 2021 17:10:00 GMTEUROPE SECTIONS: Market looks for recovery after hitting bottomThe price of steel hollow sections in Europe was unchanged on Wednesday October 27, with the market looking to recoup recent losses, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4013910/EUROPE-SECTIONS-Market-looks-for-recovery-after-hitting-bottom.htmlWed, 27 Oct 2021 16:55:00 GMTCIS STEEL BILLET: Mills seek support in Mediterranean basin due to weak Asian marketA weakening import billet market in Asia, particularly China - which has been one of the main destinations for CIS-origin material this year - has forced CIS mills to seek support in nearer markets.http://www.metalbulletin.com/Article/4013908/CIS-STEEL-BILLET-Mills-seek-support-in-Mediterranean-basin-due-to-weak-Asian-market.htmlWed, 27 Oct 2021 16:49:00 GMTEUROPE BEAMS: Market steady as sentiment improvesThe price of steel H-beams in Europe remained stable on Wednesday October 27 amid improving demand linked to better sentiment, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013875/EUROPE-BEAMS-Market-steady-as-sentiment-improves.htmlWed, 27 Oct 2021 16:15:00 GMTDAILY STEEL SCRAP: Mills quiet ahead of national holidayTurkish steel mills were quiet in the deep-sea scrap markets ahead of an upcoming Republic Day holiday on Thursday and Friday, sources told Fastmarkets on Wednesday October 27. http://www.metalbulletin.com/Article/4013876/DAILY-STEEL-SCRAP-Mills-quiet-ahead-of-national-holiday.htmlWed, 27 Oct 2021 15:43:00 GMTNORTHERN EUROPE WIRE ROD: Prices largely unchanged, sentiment upbeatSteel wire rod prices in Northern Europe were broadly unchanged in the week to October 27, but sentiment was nonetheless optimistic and sources told Fastmarkets they expect prices to move up in November on restocking activity. http://www.metalbulletin.com/Article/4013748/NORTHERN-EUROPE-WIRE-ROD-Prices-largely-unchanged-sentiment-upbeat.htmlWed, 27 Oct 2021 14:08:00 GMTNORTHERN EUROPE REBAR: Prices inch up on improving activityThe steel rebar market across Northern Europe has started to pick up over the past seven days, with market sources expecting prices to rise further in November because of restocking activity, Fastmarkets heard on Wednesday October 27. http://www.metalbulletin.com/Article/4013747/NORTHERN-EUROPE-REBAR-Prices-inch-up-on-improving-activity.htmlWed, 27 Oct 2021 13:58:00 GMTLowered UG2 offers continue to spark liquidity, but bearish sentiment persistsThe UG2 chrome-ore market has seen fresh liquidity with previous offers from miners encouraging buying interest. And ample supply plus sluggish demand has continued to weigh on the market.http://www.metalbulletin.com/Article/4013722/Lowered-UG2-offers-continue-to-spark-liquidity-but-bearish-sentiment-persists.htmlWed, 27 Oct 2021 13:49:00 GMTSOUTHERN EUROPE REBAR: Producers raise prices again, citing high costsSteel rebar producers in Southern Europe were looking to achieve higher prices once again because of surging costs, Fastmarkets heard on Wednesday October 27. http://www.metalbulletin.com/Article/4013745/SOUTHERN-EUROPE-REBAR-Producers-raise-prices-again-citing-high-costs.htmlWed, 27 Oct 2021 13:45:00 GMTASIA STEEL SCRAP DIGEST: South Korea continues to buy Japanese cargoesSteel scrap buyers in South Korea have continued to chase bulk bookings from Japan in recent days at increasingly high prices, market sources told Fastmarkets on Wednesday October 27. http://www.metalbulletin.com/Article/4013704/ASIA-STEEL-SCRAP-DIGEST-South-Korea-continues-to-buy-Japanese-cargoes.htmlWed, 27 Oct 2021 12:50:00 GMTChinese aluminium premiums down off 6-year high on subdued demand, closed arbPrices for aluminium P1020A cargoes offered into China have come down from multi-year highs because of a marked decline in demand, an uncertain near-term outlook and the closure of the London-Shanghai arbitrage window, Fastmarkets heard on Wednesday October 27. http://www.metalbulletin.com/Article/4013718/Chinese-aluminium-premiums-down-off-6-year-high-on-subdued-demand-closed-arb.htmlWed, 27 Oct 2021 12:20:00 GMTCOKING COAL DAILY: Seaborne prices relatively flat despite futures price dropSeaborne coking coal prices in both the fob and cfr markets were relatively flat on Wednesday October 27. And China’s National Development and Reform Commission (NDRC) intervened in the coal market to curb thermal coal prices, which led to a sharp drop in the coal and coke futures market.http://www.metalbulletin.com/Article/4013723/COKING-COAL-DAILY-Seaborne-prices-relatively-flat-despite-futures-price-drop.htmlWed, 27 Oct 2021 12:11:00 GMTPRICING NOTICE: Conclusion of Fastmarkets’ consultation on daily seaborne Asia lithium pricingFrom Wednesday December 1, Fastmarkets will publish its seaborne Asia battery-grade lithium carbonate and hydroxide assessments on a daily basis. http://www.metalbulletin.com/Article/4013545/PRICING-NOTICE-Conclusion-of-Fastmarkets-consultation-on-daily-seaborne-Asia-lithium-pricing.htmlWed, 27 Oct 2021 11:55:00 GMTIRON ORE DAILY: Prices down amid weak buying, poor outlookSeaborne iron ore prices inched downward on Wednesday October 27 because most market participants were cautious about procurement amid the generally weak demand outlooks for the rest of 2021, market sources said. http://www.metalbulletin.com/Article/4013721/IRON-ORE-DAILY-Prices-down-amid-weak-buying-poor-outlook.htmlWed, 27 Oct 2021 11:50:00 GMTCHINA HRC: Prices drop as coal-led tumble resumesSpot prices for hot-rolled coil in China fell further on Wednesday October 27, with the coal-led broad-based decline in the futures markets resuming following the state planner’s latest attempt at cooling coal prices.http://www.metalbulletin.com/Article/4013714/CHINA-HRC-Prices-drop-as-coal-led-tumble-resumes.htmlWed, 27 Oct 2021 11:18:00 GMTCHINA REBAR: Increased supply pushes down pricesChina’s domestic rebar prices dropped sharply on Wednesday October 27 due to high supplies and weak demand. http://www.metalbulletin.com/Article/4013709/CHINA-REBAR-Increased-supply-pushes-down-prices.htmlWed, 27 Oct 2021 11:03:00 GMTGLOBAL ZINC & LEAD WRAP: Tight zinc supply takes Rotterdam premium to 2008 highIn a mixed week for premiums, those for zinc in Asia fell on muted demand in the week to Tuesday October 26, European ones rose while those in the United States held on to historical highs on a supply shortage.http://www.metalbulletin.com/Article/4013668/GLOBAL-ZINC-and-LEAD-WRAP-Tight-zinc-supply-takes-Rotterdam-premium-to-2008-high.htmlWed, 27 Oct 2021 10:20:00 GMTLIVE FUTURES 27/10: LME aluminium price down 3.3% in high volumeThe three-month aluminium price on the London Metal Exchange was the underperformer during morning trading on Wednesday October 27, but all the base metals were weaker amid growing macroeconomic headwinds.http://www.metalbulletin.com/Article/4013711/LIVE-FUTURES-2710-LME-aluminium-price-down-33-in-high-volume.htmlWed, 27 Oct 2021 09:12:00 GMTGLOBAL COPPER WRAP: Chinese premiums fall further China’s appetite for imported copper cathode was low amid unfavorable market conditions over the week to Tuesday October 26, resulting in premiums falling. In the United States, a quiet market kept the premium unchanged. http://www.metalbulletin.com/Article/4013703/GLOBAL-COPPER-WRAP-Chinese-premiums-fall-further.htmlWed, 27 Oct 2021 07:33:00 GMTMore than 10% of global container fleet waiting for berths, vessel delays to continue – MaerskMore than 10% of the global container fleet is waiting for berths to become available around the world, with effective capacity being "severely limited by port congestion," shipping giant Maersk said this week.http://www.metalbulletin.com/Article/4013700/More-than-10-of-global-container-fleet-waiting-for-berths-vessel-delays-to-continueMaersk.htmlWed, 27 Oct 2021 05:53:00 GMTGLOBAL NICKEL WRAP: US briquette premium hits new high; Chinese premiums up tooThe nickel briquette premium in the United States surged by 10% this week amid supply tightness while those in China also rallied amid a favorable arbitrage. http://www.metalbulletin.com/Article/4013699/GLOBAL-NICKEL-WRAP-US-briquette-premium-hits-new-high-Chinese-premiums-up-too.htmlWed, 27 Oct 2021 05:29:00 GMTUS Ni premiums at new highs on short supply, strong demand, rising costsNickel premiums in the United States reached new all-time highs, gaining 10% apiece, in the week to Tuesday October 26 on multiple upward influences.http://www.metalbulletin.com/Article/4013696/US-Ni-premiums-at-new-highs-on-short-supply-strong-demand-rising-costs.htmlWed, 27 Oct 2021 05:00:00 GMTGLOBAL ALUMINIUM WRAP: Sell-off continues in Europe; premiums in US, Japan flatAluminium premiums in Europe continued to decline in the week ended Tuesday October 26, while premiums in the US Midwest and in Japan were stable. But demand has begun to waver across the globe. http://www.metalbulletin.com/Article/4013665/GLOBAL-ALUMINIUM-WRAP-Sell-off-continues-in-Europe-premiums-in-US-Japan-flat.htmlWed, 27 Oct 2021 01:50:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 26Here are five Fastmarkets stories you might have missed on Tuesday October 26 that are worth another look.http://www.metalbulletin.com/Article/4013695/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-26.htmlTue, 26 Oct 2021 23:05:00 GMTMexican steel scrap prices dip, but market said near bottomMexican ferrous scrap prices declined again over the past week, with lower prices becoming more widespread among buyers in the country’s two main markets, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013685/Mexican-steel-scrap-prices-dip-but-market-said-near-bottom.htmlTue, 26 Oct 2021 21:01:00 GMTBIR 2021: EU could ban scrap metal exports by December despite industry protestsA decision by the European Union on the future of the bloc’s scrap metal export trade, which is worth billions of euros per year, could come as early as December this year, the Bureau of International Recycling (BIR) conference in Brussels heard on Tuesday October 26. http://www.metalbulletin.com/Article/4013559/BIR-2021-EU-could-ban-scrap-metal-exports-by-December-despite-industry-protests.htmlTue, 26 Oct 2021 18:10:00 GMTAluminium could cut carbon intensity to under 1 tonne by 2050, IAI saysThe aluminium industry could reduce the carbon intensity of its metal production to under one tonne by 2050 if it works towards limiting the rise in the mean global temperature to 1.5°C above pre-industrial levels, the International Aluminium Institute (IAI) said.http://www.metalbulletin.com/Article/4013670/Aluminium-could-cut-carbon-intensity-to-under-1-tonne-by-2050-IAI-says.htmlTue, 26 Oct 2021 17:15:00 GMTLIVE FUTURES 26/10: LME base metals prices dip; aluminium volumes remain highBase metals prices on the London Metal Exchange were down across the board at the 5pm close of trading on Tuesday October 26. http://www.metalbulletin.com/Article/4013671/LIVE-FUTURES-2610-LME-base-metals-prices-dip-aluminium-volumes-remain-high.htmlTue, 26 Oct 2021 17:15:00 GMTGlencore eyes furlough of Portovesme workers amid high electricity pricesGlencore's Portovesme zinc and lead producing site in Italy is considering government-backed social protection programs among many recourses to deal with the high price of electricity, Fastmarkets has heard. http://www.metalbulletin.com/Article/4013663/Glencore-eyes-furlough-of-Portovesme-workers-amid-high-electricity-prices.htmlTue, 26 Oct 2021 16:55:00 GMTGULF FLAT STEEL IMPORTS: Offer prices down after China futures crashFlat steel import prices into the United Arab Emirates and Saudi Arabia decreased or were unchanged during the week ended Tuesday October 26, with only one deal heard, sources told Fastmarkets. http://www.metalbulletin.com/Article/4013666/GULF-FLAT-STEEL-IMPORTS-Offer-prices-down-after-China-futures-crash.htmlTue, 26 Oct 2021 16:50:00 GMTGULF STEEL BILLET, REBAR: Market uncertainty continues despite new rebar pricesUncertainty about steel product prices in the United Arab Emirates continued even after the country’s biggest producer, Emirates Steel, announced a new rebar price on October 24, sources told Fastmarkets on Tuesday October 26. http://www.metalbulletin.com/Article/4013661/GULF-STEEL-BILLET-REBAR-Market-uncertainty-continues-despite-new-rebar-prices.htmlTue, 26 Oct 2021 16:18:00 GMTAT A GLANCE: NLMK Q3 sales down by 4% due to steel output reductionA summary of the operational results for Russia’s largest steelmaker, Novolipetsk Steel (NLMK), which also has assets in Europe and the United States, for the third quarter (July-September) of 2021http://www.metalbulletin.com/Article/4013602/AT-A-GLANCE-NLMK-Q3-sales-down-by-4-due-to-steel-output-reduction.htmlTue, 26 Oct 2021 16:16:00 GMTStabilizing futures, power supply raise sentiment in China import billet marketSentiment in China’s import market for steel billet warmed on Tuesday October 26 following a more solid performance by ferrous futures markets and reports of better power supply in the east of the country. http://www.metalbulletin.com/Article/4013560/Stabilizing-futures-power-supply-raise-sentiment-in-China-import-billet-market.htmlTue, 26 Oct 2021 15:55:00 GMTInternational cobalt metal prices up on aggressive offers; long-term contract negotiations continue on improved demand outlookInternational cobalt spot metal prices have trended upward since the beginning of September, with sellers keeping the material in tight hands and offering aggressively, sources said. http://www.metalbulletin.com/Article/4013598/International-cobalt-metal-prices-up-on-aggressive-offers-long-term-contract-negotiations-continue-on.htmlTue, 26 Oct 2021 15:49:00 GMTDAILY STEEL SCRAP: Turkish mills continue deep-sea purchases ahead of holidayTurkish steel producers have continued their deep-sea scrap purchases ahead of an upcoming national holiday, market participants told Fastmarkets on Tuesday October 26. http://www.metalbulletin.com/Article/4013599/DAILY-STEEL-SCRAP-Turkish-mills-continue-deep-sea-purchases-ahead-of-holiday.htmlTue, 26 Oct 2021 15:15:00 GMTEUROPE HRC: Market still, buyers wait for higher offersActivity in the European hot-rolled coil market remained limited on Tuesday October 26, with sellers and buyers holding back from trading, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013601/EUROPE-HRC-Market-still-buyers-wait-for-higher-offers.htmlTue, 26 Oct 2021 15:15:00 GMTCHINA CRC, HDG: Export offers drop after domestic price cutsExport prices for Chinese steel cold-rolled coil and hot-dipped galvanized coil dropped during the week to October 26.http://www.metalbulletin.com/Article/4013546/CHINA-CRC-HDG-Export-offers-drop-after-domestic-price-cuts.htmlTue, 26 Oct 2021 13:55:00 GMTASIA STEEL SCRAP DIGEST: Bids for import containers to Taiwan keep risingBuyers in Taiwan continued to bid at higher prices for containerized steel scrap cargoes on Tuesday October 26, but there were expectations on the sell-side that the market would stabilize this week, sources told Fastmarkets. http://www.metalbulletin.com/Article/4013536/ASIA-STEEL-SCRAP-DIGEST-Bids-for-import-containers-to-Taiwan-keep-rising.htmlTue, 26 Oct 2021 12:15:00 GMTCOKING COAL DAILY: Seaborne premium prices dip on thin tradingSeaborne premium coking coal prices inched downward on Tuesday October 26 with no trading in the market. Meanwhile, Chinese mills were still to accept the domestic coke price increase proposed on Monday. http://www.metalbulletin.com/Article/4013543/COKING-COAL-DAILY-Seaborne-premium-prices-dip-on-thin-trading.htmlTue, 26 Oct 2021 11:53:00 GMTIRON ORE DAILY: Support from mills prompts short-term increase in seaborne iron ore pricesSeaborne iron ore prices rose on Tuesday October 26 amid some short-term positivity in demand for iron ore, sources told Fastmarkets. http://www.metalbulletin.com/Article/4013539/IRON-ORE-DAILY-Support-from-mills-prompts-short-term-increase-in-seaborne-iron-ore-prices.htmlTue, 26 Oct 2021 11:21:00 GMTMJP aluminium stocks down 8.1% in SeptemberStocks of aluminium held at main Japanese ports (MJP) slipped by 25,000 tonnes, or 8.1%, month on month in September to 284,000 tonnes, according to data compiled by the trading house Marubeni.http://www.metalbulletin.com/Article/4013535/MJP-aluminium-stocks-down-81-in-September.htmlTue, 26 Oct 2021 10:57:00 GMTLIVE FUTURES 26/11: LME prices mostly lower; spreads continue in backwardationLondon Metal Exchange prices were mostly lower on the morning of Tuesday October 26, with copper leading the decline with a 1.2% fall and nickel being the exception. Most nearby spreads remained in backwardation, indicating tightness in various markets.http://www.metalbulletin.com/Article/4013531/LIVE-FUTURES-2611-LME-prices-mostly-lower-spreads-continue-in-backwardation.htmlTue, 26 Oct 2021 10:14:00 GMTENERGY TRANSITION: China outlines path to carbon neutralityGuidance for China to achieve its carbon emissions peak by 2030 and carbon neutrality by 2060 was jointly released by the Central Committee of the Communist Party of China and the State Council on Sunday October 24.http://www.metalbulletin.com/Article/4013534/ENERGY-TRANSITION-China-outlines-path-to-carbon-neutrality.htmlTue, 26 Oct 2021 10:08:00 GMTIN FIGURES: China’s semi-finished steel imports rise in Sept vs prior monthChina’s imports of billet and slab increased in September from a month earlier but volumes were down year on year, according to the latest customs data.http://www.metalbulletin.com/Article/4013525/IN-FIGURES-Chinas-semi-finished-steel-imports-rise-in-Sept-vs-prior-month.htmlTue, 26 Oct 2021 09:00:00 GMTBids hit $2,350/dmt in Pilbara Minerals’ third spodumene auction Bids for spodumene concentrate reached $2,350 per dry metric tonne (dmt) on Tuesday October 26, at Pilbara Minerals’ third auction via its Battery Material Exchange (BMX) platform, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013529/Bids-hit-2350dmt-in-Pilbara-Minerals-third-spodumene-auction.htmlTue, 26 Oct 2021 08:45:00 GMTBIR 2021: India to have its own scrap definitions, key to energy transitionIndia is looking to set its own standards for copper and aluminium scrap to ensure better environmental compliance of secondary industries and improve the quality of finished products, Dhawal Shah, Bureau of International Recycling's (BIR) board chairman, said.http://www.metalbulletin.com/Article/4013506/BIR-2021-India-to-have-its-own-scrap-definitions-key-to-energy-transition.htmlTue, 26 Oct 2021 08:05:00 GMTPilbara Minerals, Posco finalize agreement for South Korean lithium facilityAustralian lithium producer Pilbara Minerals and South Korean steelmaking giant Posco have finalized a joint venture agreement to develop and operate a lithium hydroxide conversion facility in Gwangyang, South Korea, the former said on Tuesday October 26.http://www.metalbulletin.com/Article/4013521/Pilbara-Minerals-Posco-finalize-agreement-for-South-Korean-lithium-facility.htmlTue, 26 Oct 2021 05:18:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 25Here are five Fastmarkets stories you might have missed on Monday October 25 that are worth another look.http://www.metalbulletin.com/Article/4013509/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-25.htmlMon, 25 Oct 2021 23:05:00 GMTSibanye-Stillwater in talks with Appian to buy nickel, copper assets Sibanye-Stillwater is in talks to buy the Santa Rita nickel and Serrote copper mines in Brazil from affiliates of funds advised by Appian Capital Advisory LLP, the company said.http://www.metalbulletin.com/Article/4013519/Sibanye-Stillwater-in-talks-with-Appian-to-buy-nickel-copper-assets.htmlMon, 25 Oct 2021 21:55:00 GMTCIS LONG STEEL: Prices rise amid positive market sentimentExport prices for reinforcing bar and wire rod originating from the Commonwealth of Independent States surged in the week to Monday October 25, supported by positive market conditions. http://www.metalbulletin.com/Article/4013490/CIS-LONG-STEEL-Prices-rise-amid-positive-market-sentiment.htmlMon, 25 Oct 2021 19:02:00 GMTLIVE FUTURES 25/10: Focus on fundamentals help LME copper prices shrug-off bearish China developmentsBase metals on the London Metal Exchange closed the session higher on Monday October 25, but market participants expect further weakness in coming sessions.http://www.metalbulletin.com/Article/4013495/LIVE-FUTURES-2510-Focus-on-fundamentals-help-LME-copper-prices-shrug-off-bearish-China-developments.htmlMon, 25 Oct 2021 18:48:00 GMTRUSSIA REBAR: Prices surge on low distributor stocks and limited offers from millsDomestic steel rebar prices in Russia’s Central Federal District around Moscow have jumped by up to $185 during the week to Monday October 25 on depleted stocks and limited supply from the mills.http://www.metalbulletin.com/Article/4013489/RUSSIA-REBAR-Prices-surge-on-low-distributor-stocks-and-limited-offers-from-mills.htmlMon, 25 Oct 2021 18:36:00 GMTDAILY STEEL SCRAP: Fresh US cargo raises prices by $5/tonneTurkish steel mills continued to pay higher prices for deep-sea scrap, with news of a deal for US scrap from Friday pushing up prices on Monday October 25, market participants told Fastmarkets. http://www.metalbulletin.com/Article/4013400/DAILY-STEEL-SCRAP-Fresh-US-cargo-raises-prices-by-5tonne.htmlMon, 25 Oct 2021 15:24:00 GMTCOKING COAL DAILY: Seaborne prices stable; Shanxi unveils winter production restrictions planSeaborne coking coal prices were relatively stable across the board on Monday October 25, with no transactions heard, sources told Fastmarkets - although some Chinese coke producers proposed price hikes and Shanxi province unveiled its winter restrictions plan.http://www.metalbulletin.com/Article/4013357/COKING-COAL-DAILY-Seaborne-prices-stable-Shanxi-unveils-winter-production-restrictions-plan.htmlMon, 25 Oct 2021 11:47:00 GMTCHINA HRC: Prices stable amid thin trading Spot prices for hot-rolled coil in China were stable on Monday October 25, with thin liquidity and volatile prices keeping buyers in wait-and-see mode, sources told Fastmarkets. http://www.metalbulletin.com/Article/4013350/CHINA-HRC-Prices-stable-amid-thin-trading.htmlMon, 25 Oct 2021 11:23:00 GMTLIVE FUTURES 25/10: LME aluminium up 2%, supported by China's power restrictionsLondon Metal Exchange futures prices were broadly up on the morning of Monday October 25, following a substantial sell-off on the previous Friday, with concerns about power restrictions in China supporting higher aluminium prices. http://www.metalbulletin.com/Article/4013348/LIVE-FUTURES-2510-LME-aluminium-up-2-supported-by-Chinas-power-restrictions.htmlMon, 25 Oct 2021 09:45:00 GMTPRICING NOTICE: Amendment to publication time of weekly India HMS scrap assessmentFastmarkets has amended the publication time of its India HMS steel scrap price assessment after a one-month consultation period. http://www.metalbulletin.com/Article/4013346/PRICING-NOTICE-Amendment-to-publication-time-of-weekly-India-HMS-scrap-assessment.htmlMon, 25 Oct 2021 09:41:00 GMTMARBL Lithium to restart Wodgina lithium mine in Western Australia in Q3 2022 The MARBL Lithium joint venture will restart operations at its Wodgina lithium mine in the Pilbara region of Western Australia in the third quarter of 2022, JV partner Mineral Resources said on Monday October 25.http://www.metalbulletin.com/Article/4013337/MARBL-Lithium-to-restart-Wodgina-lithium-mine-in-Western-Australia-in-Q3-2022.htmlMon, 25 Oct 2021 07:44:00 GMTMANGANESE ORE ANALYTICS: October 25, 2021The latest data for the global manganese ore market for the week ended Monday October 25.http://www.metalbulletin.com/Article/4013336/MANGANESE-ORE-ANALYTICS-October-25-2021.htmlMon, 25 Oct 2021 06:20:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 22Here are five Fastmarkets stories you might have missed on Friday October 22 that are worth another look.http://www.metalbulletin.com/Article/4013321/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-22.htmlSun, 24 Oct 2021 23:05:00 GMTPRICING NOTICE: Correction to antimony prices, RotterdamFastmarkets has corrected its trioxide grade and standard grade antimony prices, in warehouse Rotterdam, which were incorrectly published on Friday October 22 due to a reporter error. http://www.metalbulletin.com/Article/4013279/PRICING-NOTICE-Correction-to-antimony-prices-Rotterdam.htmlFri, 22 Oct 2021 18:45:00 GMTEuropean trade groups warn about 'catastrophic impact’ of Chinese magnesium shortageEuropean trade groups warned about the potentially "catastrophic impact" of a Chinese magnesium supply shortage on metals producers in the region, calling on the European Commission and national governments to take immediate action to mitigate the risks to industry. http://www.metalbulletin.com/Article/4013270/European-trade-groups-warn-about-catastrophic-impact-of-Chinese-magnesium-shortage.htmlFri, 22 Oct 2021 18:31:00 GMTMANGANESE SNAPSHOT: Portside ore price rises support seaborne market Key data from Fastmarkets’ pricing sessions in India, Europe, China and the United States on Friday October 22. http://www.metalbulletin.com/Article/4013192/MANGANESE-SNAPSHOT-Portside-ore-price-rises-support-seaborne-market.htmlFri, 22 Oct 2021 17:56:00 GMTENERGY TRANSITION RAW MATERIALS 22/10: Battery-grade lithium spot prices continue to rally amid strength in domestic China and aggressive offersAn overview of the new energy materials markets and their price moves in the week to Friday October 22.http://www.metalbulletin.com/Article/4013189/ENERGY-TRANSITION-RAW-MATERIALS-2210-Battery-grade-lithium-spot-prices-continue-to-rally-amid.htmlFri, 22 Oct 2021 17:41:00 GMTLIVE FUTURES 22/11: LME aluminium back at $2,800/t; copper, nickel continue to slideLondon Metal Exchange base metals prices were mostly lower at the 5pm close on October 22, with investors looking to book profits from peaks reached earlier in the week. http://www.metalbulletin.com/Article/4013265/LIVE-FUTURES-2211-LME-aluminium-back-at-2800t-copper-nickel-continue-to-slide.htmlFri, 22 Oct 2021 17:39:00 GMTCleveland-Cliffs aims to up share of domestic prime scrap marketUnites States steelmaker Cleveland-Cliffs plans to increase its share of the US domestic prime scrap market amid increasing demand and the failure of the country’s own manufacturing supply to keep up, the company’s chairman, president and chief executive officer said.http://www.metalbulletin.com/Article/4013264/Cleveland-Cliffs-aims-to-up-share-of-domestic-prime-scrap-market.htmlFri, 22 Oct 2021 17:32:00 GMTSTEEL SCRAP WRAP: Prices in major markets continue to rise on bullish sentimentFerrous scrap prices in the global markets continued to strengthen in the week ended Friday October 22 amid firm demand and tight supply. Turkish steel mills continued to pay higher prices for deep-sea scrap cargoes, while buyers in Southeast Asia had to raise their bids because of limited supply. http://www.metalbulletin.com/Article/4013195/STEEL-SCRAP-WRAP-Prices-in-major-markets-continue-to-rise-on-bullish-sentiment.htmlFri, 22 Oct 2021 17:23:00 GMTEUROPE ALLOY STEEL SCRAP: Grade 18/8 prices rise on higher nickel costs; fundamentals stable The price for grade 18/8 alloy steel scrap increased due to higher nickel costs, while underlying market fundamentals remained stable, sources told Fastmarkets on Friday October 22. http://www.metalbulletin.com/Article/4013263/EUROPE-ALLOY-STEEL-SCRAP-Grade-188-prices-rise-on-higher-nickel-costs-fundamentals-stable.htmlFri, 22 Oct 2021 17:09:00 GMTCOPPER CONCS SNAPSHOT: TC/RC falls for fourth week in a rowThe spot copper concentrate processing charge continued to drop for the fourth consecutive week. http://www.metalbulletin.com/Article/4013261/COPPER-CONCS-SNAPSHOT-TCRC-falls-for-fourth-week-in-a-row.htmlFri, 22 Oct 2021 17:07:00 GMTIndian mills raise domestic HRC prices for second time in OctoberIndian domestic prices for steel hot-rolled coil have risen by about 1,500 rupees ($20) per tonne in the week to Friday October 22, with most mills announcing price rises. http://www.metalbulletin.com/Article/4013271/Indian-mills-raise-domestic-HRC-prices-for-second-time-in-October.htmlFri, 22 Oct 2021 17:03:00 GMTMexico's Ahmsa considers US Chapter 11 bankruptcy for thermal coal divisionMexico's Altos Hornos de México (Ahmsa) is considering seeking Chapter 11 bankruptcy protection for its Minera del Norte thermal coal subsidiary, after a Mexican commission canceled state supply contracts, the company said on Thursday October 21.http://www.metalbulletin.com/Article/4013095/Mexicos-Ahmsa-considers-US-Chapter-11-bankruptcy-for-thermal-coal-division.htmlFri, 22 Oct 2021 16:59:00 GMTUK STEEL SCRAP WEEKLY: Light iron market returns to annual peak on firm fundamentalsThe inter-merchant market for light-iron steel scrap in the United Kingdom moved higher over the week to Friday October 22 amid tight domestic supplies and strong export markets into both deep-sea and short-sea destinations, trade sources told Fastmarkets.http://www.metalbulletin.com/Article/4013197/UK-STEEL-SCRAP-WEEKLY-Light-iron-market-returns-to-annual-peak-on-firm-fundamentals.htmlFri, 22 Oct 2021 16:25:00 GMTAerospace materials market report 22/10: Logistics issues, raw materials shortages push up chromium prices in EuropeAn overview of the aerospace materials markets and the latest price moves in the week to Friday October 22. http://www.metalbulletin.com/Article/4013194/Aerospace-materials-market-report-2210-Logistics-issues-raw-materials-shortages-push-up-chromium.htmlFri, 22 Oct 2021 16:13:00 GMTSPECIALTY STEEL RAW MATERIALS 22/10: Chromium price rises on high transport costs, raw material shortageAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/4013255/SPECIALTY-STEEL-RAW-MATERIALS-2210-Chromium-price-rises-on-high-transport-costs-raw-material-shortage.htmlFri, 22 Oct 2021 16:13:00 GMTSOUTH ASIA STEEL SCRAP: Prices continue to climb Prices for shredded steel scrap imported into Pakistan and India moved up on Friday October 22, as lively trading continued, sources told Fastmarkets. http://www.metalbulletin.com/Article/4013188/SOUTH-ASIA-STEEL-SCRAP-Prices-continue-to-climb.htmlFri, 22 Oct 2021 15:34:00 GMTDeluge of steel billet cargoes offered to Southeast Asia amid China crashLarge volumes of steel billet position cargoes held by traders have been offered at lower prices to buyers in Southeast Asia in recent days amid China’s continued price decline, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013193/Deluge-of-steel-billet-cargoes-offered-to-Southeast-Asia-amid-China-crash.htmlFri, 22 Oct 2021 15:22:00 GMTCIS STEEL BILLET: Sharp drop in Chinese long steel market sends prices downA sharp drop in domestic billet and rebar prices over the past few days in China resulted in a change of mood in the Commonwealth of Independent States' export billet market, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013187/CIS-STEEL-BILLET-Sharp-drop-in-Chinese-long-steel-market-sends-prices-down.htmlFri, 22 Oct 2021 15:21:00 GMTDAILY STEEL SCRAP: Turkish mills end week with five cargoes; prices firmTurkish steel producers made another deep-sea scrap booking late on Thursday October 21, taking the total for the week to five cargoes from various locations and at increasing prices, market participants told Fastmarkets on Friday October 22.http://www.metalbulletin.com/Article/4013186/DAILY-STEEL-SCRAP-Turkish-mills-end-week-with-five-cargoes-prices-firm.htmlFri, 22 Oct 2021 15:09:00 GMTEUROPE HRC: Buyer sentiment down, but mills to attempt price riseDomestic hot-rolled coil prices across Europe were stable on Friday October 22, after declining earlier in the week, sources told Fastmarkets.http://www.metalbulletin.com/Article/4013185/EUROPE-HRC-Buyer-sentiment-down-but-mills-to-attempt-price-rise.htmlFri, 22 Oct 2021 15:04:00 GMTIN FIGURES: China’s minor metals exports and imports in September 2021A summary of China’s minor metals exports and imports for September 2021http://www.metalbulletin.com/Article/4013093/IN-FIGURES-Chinas-minor-metals-exports-and-imports-in-September-2021.htmlFri, 22 Oct 2021 13:59:00 GMTPOLAND WIRE ROD: Market braced for November price risesSteel wire rod prices in Poland have remained broadly unchanged over the past seven days, but the market was expected to move up in November amid high costs for producers, source told Fastmarkets on Friday October 22. http://www.metalbulletin.com/Article/4013057/POLAND-WIRE-ROD-Market-braced-for-November-price-rises.htmlFri, 22 Oct 2021 13:32:00 GMTPOLAND REBAR: Producers target higher prices for NovemberDomestic prices for steel rebar in Poland were largely unchanged over the past week, but local mills would be looking for higher prices starting next week because of increased costs, Fastmarkets heard on Friday October 22. http://www.metalbulletin.com/Article/4013058/POLAND-REBAR-Producers-target-higher-prices-for-November.htmlFri, 22 Oct 2021 13:23:00 GMTAT A GLANCE: High prices aid Boliden Q3 revenue, but profits, mine and smelter production fallA summary of Swedish metals producer Boliden's financial and production results for the third quarter of 2021, as released on Friday October 22.http://www.metalbulletin.com/Article/4013066/AT-A-GLANCE-High-prices-aid-Boliden-Q3-revenue-but-profits-mine-and-smelter-production-fall.htmlFri, 22 Oct 2021 12:53:00 GMTCIS PIG IRON: Deal prices keep rising on bullish outlookPrices achieved in export deals for pig iron from the Commonwealth of Independent States region continued to rise in the week to Thursday October 21, supported by limited allocations of material and bullish expectations for the future price trend. http://www.metalbulletin.com/Article/4013083/CIS-PIG-IRON-Deal-prices-keep-rising-on-bullish-outlook.htmlFri, 22 Oct 2021 12:32:00 GMTGuizhou orders power cuts amid China’s potential ‘coal interventions’Southern Power Grid in Guizhou province ordered electricity curbs on local aluminium producers, effective from Tuesday October 19, market sources said.http://www.metalbulletin.com/Article/4013047/Guizhou-orders-power-cuts-amid-Chinas-potential-coal-interventions.htmlFri, 22 Oct 2021 12:11:00 GMTCOKING COAL DAILY: PCI prices up on tight supply; NDRC meeting depresses futures againSeaborne prices for low-volatility pulverized coal injection material (PCI) in both the fob and cfr markets in China have increased because of persistently tight supply, Fastmarkets heard on Friday October 22. http://www.metalbulletin.com/Article/4013081/COKING-COAL-DAILY-PCI-prices-up-on-tight-supply-NDRC-meeting-depresses-futures-again.htmlFri, 22 Oct 2021 12:00:00 GMTIRON ORE DAILY: Prices up despite weak demand outlookSeaborne iron ore prices corrected upward on Friday October 22 after a sharp decrease on Thursday amid continuous bearish outlook for iron ore demand.http://www.metalbulletin.com/Article/4013067/IRON-ORE-DAILY-Prices-up-despite-weak-demand-outlook.htmlFri, 22 Oct 2021 11:54:00 GMTCHINA HRC: Prices drop following previous day’s sharp futures lossesSpot prices for hot-rolled coil in China fell sharply on Friday October 22 following the tumble in futures prices on Thursday triggered by Beijing’s moves to rein in soaring coal prices.http://www.metalbulletin.com/Article/4013059/CHINA-HRC-Prices-drop-following-previous-days-sharp-futures-losses.htmlFri, 22 Oct 2021 10:52:00 GMTASIA HRC: Vietnam buyers purchase fewer domestic cargoes amid poor downstream salesSpot prices for hot-rolled coil imports into Vietnam remained stable in the week to Friday October 22 after transactions for Indian material were concluded at the same level as the past few weeks.http://www.metalbulletin.com/Article/4013044/ASIA-HRC-Vietnam-buyers-purchase-fewer-domestic-cargoes-amid-poor-downstream-sales.htmlFri, 22 Oct 2021 09:37:00 GMTChinese vanadium prices rise further on improved sentiment Chinese vanadium prices have continued to rise in the past week after rebounding off three months of decreases on a tightening of supply, with traders keeping their offers steady amid improved demand among steelmakers.http://www.metalbulletin.com/Article/4013040/Chinese-vanadium-prices-rise-further-on-improved-sentiment.htmlFri, 22 Oct 2021 09:35:00 GMTLIVE FUTURES 22/10: LME Al price continues to fall; others try to recoup Thursday's lossesBase metals prices on the London Metal Exchange mostly rebounded during morning trading on Friday October 22, with aluminium the lone metal in negative territory.http://www.metalbulletin.com/Article/4013051/LIVE-FUTURES-2210-LME-Al-price-continues-to-fall-others-try-to-recoup-Thursdays-losses.htmlFri, 22 Oct 2021 09:00:00 GMTMetalloinvest to build world's largest HBI facility Russia’s Metalloinvest plans to construct the world's biggest hot-briquetted iron (HBI) facility, to help speed up the transition to green steel production, the company said this week.http://www.metalbulletin.com/Article/4013016/Metalloinvest-to-build-worlds-largest-HBI-facility.htmlFri, 22 Oct 2021 08:47:00 GMTMORNING VIEW: Base metals prices mixed following Thursday’s sharp pullbacksBase metals prices on the London Metal Exchange were mainly stronger during morning trading on Friday October 22, but those on the Shanghai Futures Exchange were largely down – this follows significant losses on the LME on Thursday.http://www.metalbulletin.com/Article/4013048/MORNING-VIEW-Base-metals-prices-mixed-following-Thursdays-sharp-pullbacks.htmlFri, 22 Oct 2021 08:33:00 GMTBackwardated forward spreads on LME spur P1020 sell-off in EuropeLooming backwardations on London Metal Exchange spreads sparked a sell-off of P1020 aluminium in Europe on Thursday October 21, with participants concerned about carrying metal into 2022.http://www.metalbulletin.com/Article/4013030/Backwardated-forward-spreads-on-LME-spur-P1020-sell-off-in-Europe.htmlFri, 22 Oct 2021 08:00:00 GMTFOCUS: Power woes raise uncertainties in China's battery materials supply chainThe battery raw materials supply chain in China took a breather after a week-long holiday to mark the country’s national day in early October, with the lifting – partially or otherwise – of extensive power cuts announced in late September in several production hubs. http://www.metalbulletin.com/Article/4012833/FOCUS-Power-woes-raise-uncertainties-in-Chinas-battery-materials-supply-chain.htmlFri, 22 Oct 2021 05:14:00 GMTGLOBAL LITHIUM WRAP: Seaborne Asian market plays catch-up with ChinaLithium prices in the seaborne Asian market posted strong gains in the week ended Thursday October 21 while they continued to play catch-up with elevated price levels in the Chinese market.http://www.metalbulletin.com/Article/4013042/GLOBAL-LITHIUM-WRAP-Seaborne-Asian-market-plays-catch-up-with-China.htmlFri, 22 Oct 2021 04:45:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 21Here are five Fastmarkets stories you might have missed on Thursday October 21 that are worth another look.http://www.metalbulletin.com/Article/4013035/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-21.htmlThu, 21 Oct 2021 23:05:00 GMTEGYPT STEEL BILLET, REBAR: Prices increase, demand slightly betterEgypt's prices for imported billet and domestic reinforcing bar increased in the week to Thursday October 21, with demand also picking up from previous weeks, sources told Fastmarkets. http://www.metalbulletin.com/Article/4012950/EGYPT-STEEL-BILLET-REBAR-Prices-increase-demand-slightly-better.htmlThu, 21 Oct 2021 18:05:00 GMTENERGY TRANSITION: UK to set up critical minerals committee, update listThe government of the United Kingdom plans to set up an expert committee on critical minerals to provide independent advice on the scope and content of a critical minerals strategy to meet the country’s net-zero carbon emissions targets, it said.http://www.metalbulletin.com/Article/4013023/ENERGY-TRANSITION-UK-to-set-up-critical-minerals-committee-update-list.htmlThu, 21 Oct 2021 17:36:00 GMTCIS STEEL BILLET: Prices rise as mills eye uptrend in Turkish marketPrices in the Commonwealth of Independent States’ export market for steel billet moved up on Thursday October 21 amid rising scrap and domestic billet prices in Turkey, which added to the positive expectations among sellers. http://www.metalbulletin.com/Article/4013022/CIS-STEEL-BILLET-Prices-rise-as-mills-eye-uptrend-in-Turkish-market.htmlThu, 21 Oct 2021 17:15:00 GMTLIVE FUTURES 21/10: Aluminium prices down 5% on LME, nickel C/3M in $88 backwardationBase metal prices on the London Metal Exchange were down across the board at the 5pm close of trading on Thursday October 21, with market participants beginning to sell off material following the recent price rally. http://www.metalbulletin.com/Article/4013020/LIVE-FUTURES-2110-Aluminium-prices-down-5-on-LME-nickel-C3M-in-88-backwardation.htmlThu, 21 Oct 2021 16:48:00 GMTMajor pension fund sells stake in Glencore over ‘sustainability risks’A top European pension fund has sold its interest in Swiss commodity trader and miner Glencore, citing sustainability risks, including cobalt production in Africa. http://www.metalbulletin.com/Article/4012849/Major-pension-fund-sells-stake-in-Glencore-over-sustainability-risks.htmlThu, 21 Oct 2021 15:58:00 GMTRio Tinto to invest $7.5 billion to meet its revised emission targetsRio Tinto will invest $7.5 billion to reduce emissions and meet its carbon targets earlier than planned, the company announced on Wednesday September 20.http://www.metalbulletin.com/Article/4012946/Rio-Tinto-to-invest-75-billion-to-meet-its-revised-emission-targets.htmlThu, 21 Oct 2021 15:43:00 GMTDAILY STEEL SCRAP: Mills continue booking deep-sea cargoesTurkish steel mills have continued their deep-sea scrap bookings with two Venezuelan cargoes, market participants told Fastmarkets on Thursday October 21. http://www.metalbulletin.com/Article/4012944/DAILY-STEEL-SCRAP-Mills-continue-booking-deep-sea-cargoes.htmlThu, 21 Oct 2021 15:37:00 GMTEUROPE HRC: Reduced end-user demand weighs on pricesDomestic hot-rolled coil prices across Europe edged down on Thursday October 21 on reduced end-user demand, and trading activity remained limited, sources told Fastmarkets. http://www.metalbulletin.com/Article/4012945/EUROPE-HRC-Reduced-end-user-demand-weighs-on-prices.htmlThu, 21 Oct 2021 15:30:00 GMTCerro Verde labor talks continue with majority of workers having signedNegotiations for a new collective labor agreement (CLA) at the Cerro Verde copper mine in Peru are ongoing, with around 65% of hourly workers having signed new contracts as of the end of September, according to US copper producer Freeport-McMoRan.http://www.metalbulletin.com/Article/4012864/Cerro-Verde-labor-talks-continue-with-majority-of-workers-having-signed.htmlThu, 21 Oct 2021 15:16:00 GMTChinese alumina prices reach 13-year high despite slower operations, buyingDomestic alumina prices in China continued to climb in the week to Thursday October 21, with new transactions being made on an as-needed basis, Fastmarkets has heard. http://www.metalbulletin.com/Article/4012832/Chinese-alumina-prices-reach-13-year-high-despite-slower-operations-buying.htmlThu, 21 Oct 2021 15:10:00 GMTFreeport’s planned new Indonesian copper smelter not subject to export dutiesFreeport-McMoRan’s new Indonesian copper smelter will not be subject to export duties, the US copper producer said.http://www.metalbulletin.com/Article/4012859/Freeports-planned-new-Indonesian-copper-smelter-not-subject-to-export-duties.htmlThu, 21 Oct 2021 14:56:00 GMTTURKEY LONG STEEL: Domestic prices continue to rise amid higher scrap costs and weaker liraTurkish domestic rebar and wire-rod prices have continued to rise over the past week due to higher scrap costs and a weaker lira, market sources said on Thursday October 21.http://www.metalbulletin.com/Article/4012943/TURKEY-LONG-STEEL-Domestic-prices-continue-to-rise-amid-higher-scrap-costs-and-weaker-lira.htmlThu, 21 Oct 2021 14:56:00 GMTTURKEY LONG STEEL EXPORTS: Prices up on costlier scrapTurkish reinforcing bar and wire rod export prices continued to increase over the past week due to strengthening scrap costs, market participants told Fastmarkets on Thursday October 21. http://www.metalbulletin.com/Article/4012940/TURKEY-LONG-STEEL-EXPORTS-Prices-up-on-costlier-scrap.htmlThu, 21 Oct 2021 14:39:00 GMTExtended rolling mill closures smash China steel billet pricesReduced operations at steel rerolling mills in several key cities across China have hurt prices for steel billet in China’s local and import markets, sources said on Thursday October 21.http://www.metalbulletin.com/Article/4012799/Extended-rolling-mill-closures-smash-China-steel-billet-prices.htmlThu, 21 Oct 2021 14:18:00 GMTFOCUS: Higher production cost pushes up cobalt sulfate price in ChinaCobalt sulfate prices have trended upward since early September this year due to continuously higher raw materials costs and the rising cost of chemical auxiliary materials despite thin downstream demand, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012826/FOCUS-Higher-production-cost-pushes-up-cobalt-sulfate-price-in-China.htmlThu, 21 Oct 2021 13:35:00 GMTRefined copper market balanced in 2021, 2022 - IWCCThe refined copper market is expected to be broadly in balance this year and next, according to the latest forecast by the International Wrought Copper Council (IWCC).http://www.metalbulletin.com/Article/4012853/Refined-copper-market-balanced-in-2021-2022-IWCC.htmlThu, 21 Oct 2021 13:26:00 GMTIRON ORE DAILY: Prices down amid drop in steel pricesIron ore prices were largely down on Thursday October 21, following the bearish mood in terms of steel prices and demand, sources said. http://www.metalbulletin.com/Article/4012828/IRON-ORE-DAILY-Prices-down-amid-drop-in-steel-prices.htmlThu, 21 Oct 2021 12:02:00 GMTLME copper backwardation begins to narrow; participants mull implications of new measuresMarket participants were aloof following the London Metal Exchange's recent measures imposed to rein in the spike in copper spreads, but backwardations have eased, as the Exchange intended.http://www.metalbulletin.com/Article/4012773/LME-copper-backwardation-begins-to-narrow-participants-mull-implications-of-new-measures.htmlThu, 21 Oct 2021 11:45:00 GMTCOKING COAL DAILY: Physical prices still strong despite futures price dropSeaborne coking coal cfr prices increased following a trade on Thursday, while despite a fall in the futures market, coking coal prices in the physical market stayed reasonably strong, sources said.http://www.metalbulletin.com/Article/4012831/COKING-COAL-DAILY-Physical-prices-still-strong-despite-futures-price-drop.htmlThu, 21 Oct 2021 11:33:00 GMTASIA STEEL SCRAP DIGEST: Taiwanese buyers continue to purchase at higher pricesBuyers in Taiwan continued to purchase containerized scrap cargoes at higher prices on Thursday October 21 amid bullishness in the spot market, sources said. http://www.metalbulletin.com/Article/4012821/ASIA-STEEL-SCRAP-DIGEST-Taiwanese-buyers-continue-to-purchase-at-higher-prices.htmlThu, 21 Oct 2021 11:10:00 GMTAlbemarle to invest in new battery materials project in Meishan, Sichuan [UPDATED]United States-listed lithium producer Albemarle has signed an investment agreement with the local government of Pengshan Economic Development Zone in Meishan city, Sichuan Province to invest in a new lithium-ion battery materials project, the local government said.http://www.metalbulletin.com/Article/4012820/Albemarle-to-invest-in-new-battery-materials-project-in-Meishan-Sichuan-[UPDATED].htmlThu, 21 Oct 2021 10:38:00 GMTCHINA HRC: Spot trading stagnates after futures tumble againSpot trading for hot-rolled coil in China stagnated in the afternoon of Thursday October 21 after the continued tumble in futures prices kept market participants cautious.http://www.metalbulletin.com/Article/4012815/CHINA-HRC-Spot-trading-stagnates-after-futures-tumble-again.htmlThu, 21 Oct 2021 10:15:00 GMTLIVE FUTURES 21/10: Copper price retreats, cash/3-month spread near to $300/t backwardationThe London Metal Exchange three-month copper price was trading below $10,000 per tonne during morning trading on Thursday October 21, while the backwardation in the metal’s cash/three-month spread had narrowed to below $300 per tonne.http://www.metalbulletin.com/Article/4012816/LIVE-FUTURES-2110-Copper-price-retreats-cash3-month-spread-near-to-300t-backwardation.htmlThu, 21 Oct 2021 10:13:00 GMTMid-grade iron ore fines quality issues likely to limit availability in Q4 - sourcesSupplies of a key mid-grade iron ore fines could be limited through the October-December quarter amid quality issues and the possible diversion of material to be blended with lower-grade iron ore products, market sources said. http://www.metalbulletin.com/Article/4012806/Mid-grade-iron-ore-fines-quality-issues-likely-to-limit-availability-in-Q4-sources.htmlThu, 21 Oct 2021 08:58:00 GMTEUROPE CRC: Slump in automotive demand drives down pricesDomestic prices for cold-rolled coil in Europe moved down in the week to Wednesday October 20, due to reduced demand from the car industry, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012807/EUROPE-CRC-Slump-in-automotive-demand-drives-down-prices.htmlThu, 21 Oct 2021 08:51:00 GMTAT A GLANCE: Anglo American’s Q3 metallurgical coal output down 11% y-o-yA summary of the third-quarter 2021 production results from multinational mining company Anglo American, as released on Thursday October 21.http://www.metalbulletin.com/Article/4012808/AT-A-GLANCE-Anglo-Americans-Q3-metallurgical-coal-output-down-11-y-o-y.htmlThu, 21 Oct 2021 08:25:00 GMTDiscounts for mid-grade iron ore fines could change amid consistent supply, improved specsMarket participants are anticipating changes in discount levels for mid-grade iron ore fines Mining Area C fines (MACF) and Jimblebar fines (JMBF) amid more consistency in supply and improved specifications.http://www.metalbulletin.com/Article/4012805/Discounts-for-mid-grade-iron-ore-fines-could-change-amid-consistent-supply-improved-specs.htmlThu, 21 Oct 2021 07:14:00 GMTSHFE nickel price surges by over 7% amid talk of Indonesian export banNickel prices on the Shanghai Futures Exchange shot up to an all-time high during morning trading on Thursday October 21 amid a possible export ban on raw materials by Indonesia, among other bullish market dynamics. http://www.metalbulletin.com/Article/4012804/SHFE-nickel-price-surges-by-over-7-amid-talk-of-Indonesian-export-ban.htmlThu, 21 Oct 2021 06:57:00 GMTTesla to use LFP batteries in all standard-range EVsUnited States-based carmaker Tesla will use lithium iron phosphate (LFP) batteries for its standard-range electric vehicles (EVs) globally, the company said in a quarterly update on Wednesday October 20. http://www.metalbulletin.com/Article/4012800/Tesla-to-use-LFP-batteries-in-all-standard-range-EVs.htmlThu, 21 Oct 2021 04:00:00 GMTFOCUS: Chinese mills unlikely to use up Q4 'quota' for crude steel outputSteelmakers in China will likely keep their production rates low in the fourth quarter of 2021 amid pollution controls and tight electricity supply even though they still seem to have a lot of “quota” left for the year, market participants say. http://www.metalbulletin.com/Article/4012797/FOCUS-Chinese-mills-unlikely-to-use-up-Q4-quota-for-crude-steel-output.htmlThu, 21 Oct 2021 03:44:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 20Here are five Fastmarkets stories you might have missed on Wednesday October 20 that are worth another look.http://www.metalbulletin.com/Article/4012790/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-20.htmlWed, 20 Oct 2021 23:05:00 GMTEUROPE HRC: Domestic prices down; mills said eyeing rise in offersDomestic prices for hot-rolled coil in northern Europe and Italy continued to slide on Wednesday October 20 due to reduced automotive demand and higher availability of material, sources told Fastmarkets. http://www.metalbulletin.com/Article/4012769/EUROPE-HRC-Domestic-prices-down-mills-said-eyeing-rise-in-offers.htmlWed, 20 Oct 2021 17:36:00 GMTSPECIALTY STEEL RAW MATERIALS 20/10: Manganese flake market rises but range widensAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/4012764/SPECIALTY-STEEL-RAW-MATERIALS-2010-Manganese-flake-market-rises-but-range-widens.htmlWed, 20 Oct 2021 17:34:00 GMTJAPAN STEEL SCRAP: Battle for cargo intensifies between export, local marketJapanese local and export buyers have been locked in a fight for steel scrap in the week to Wednesday October 20, pushing up prices across the board, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012762/JAPAN-STEEL-SCRAP-Battle-for-cargo-intensifies-between-export-local-market.htmlWed, 20 Oct 2021 17:30:00 GMTLIVE FUTURES 20/11: New 2021 high for lead, nickel above $21,000 on LMELead’s three-month price set a new year-to-date peak of $2,427 per tonne on the afternoon of Wednesday October 20, together with nickel, which rose by almost 6% to more than $21,000 per tonne, with sentiment on the London Metal Exchange still bullish. http://www.metalbulletin.com/Article/4012770/LIVE-FUTURES-2011-New-2021-high-for-lead-nickel-above-21000-on-LME.htmlWed, 20 Oct 2021 17:00:00 GMTCONSUMER ELECTRONICS MARKET REPORT 20/10: Seaborne lithium carbonate price risesAn overview of the consumer electronics markets and their latest price moves.http://www.metalbulletin.com/Article/4012692/CONSUMER-ELECTRONICS-MARKET-REPORT-2010-Seaborne-lithium-carbonate-price-rises.htmlWed, 20 Oct 2021 16:58:00 GMTRESEARCH: Chinese graphite producers face rising power costs, higher prices in Q4 2021Fastmarkets sees upside risk to Chinese graphite prices in the fourth quarter of 2021, largely reflecting rising electricity costs and reduced power supply, as well as insufficient inventories and inadequate availability of feedstock for spherical graphite processing. http://www.metalbulletin.com/Article/4012728/RESEARCH-Chinese-graphite-producers-face-rising-power-costs-higher-prices-in-Q4-2021.htmlWed, 20 Oct 2021 16:08:00 GMTDAILY STEEL SCRAP: Fresh deep-sea transaction brings prices over $500/tonneTurkish steelmakers continued to pay higher prices for deep-sea ferrous scrap cargoes scheduled for shipment in December, market sources told Fastmarkets on Wednesday October 20. http://www.metalbulletin.com/Article/4012691/DAILY-STEEL-SCRAP-Fresh-deep-sea-transaction-brings-prices-over-500tonne.htmlWed, 20 Oct 2021 15:52:00 GMTEUROPE SECTIONS: Prices fall but 'rock bottom' in sight, sources sayThe price of steel hollow sections in Europe moved downward in the week to Wednesday October 20, due to recent imports and falling feedstock costs, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4012725/EUROPE-SECTIONS-Prices-fall-but-rock-bottom-in-sight-sources-say.htmlWed, 20 Oct 2021 15:52:00 GMTNORTHERN EUROPE WIRE ROD: Producers target higher prices on sharp increase in costsNorthern European steel wire rod prices started to pick up with producers pushing for an increase, citing high rolling expenses, Fastmarkets heard on Wednesday. http://www.metalbulletin.com/Article/4012721/NORTHERN-EUROPE-WIRE-ROD-Producers-target-higher-prices-on-sharp-increase-in-costs.htmlWed, 20 Oct 2021 15:36:00 GMTSOUTHERN EUROPE WIRE ROD: Prices set to rise on soaring production expensesThe price of steel wire rod in Southern Europe has started to rise because of the rocketing cost of production, sources told Fastmarkets on Wednesday October 20. http://www.metalbulletin.com/Article/4012690/SOUTHERN-EUROPE-WIRE-ROD-Prices-set-to-rise-on-soaring-production-expenses.htmlWed, 20 Oct 2021 15:28:00 GMTEUROPE BEAMS: Prices move up on higher energy costs, improving demandThe price of steel H-beams in Europe reversed course on Wednesday October 20, with prices rising on higher energy costs and demand, sources told Fastmarkets. http://www.metalbulletin.com/Article/4012685/EUROPE-BEAMS-Prices-move-up-on-higher-energy-costs-improving-demand.htmlWed, 20 Oct 2021 15:21:00 GMTNORTHERN EUROPE REBAR: Producers move to increase prices on high costsSteel rebar prices in Northern Europe increased in the week to Wednesday amid surging production costs and buyers started accepting deals due to a lack of imports and production cuts at local mills, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012689/NORTHERN-EUROPE-REBAR-Producers-move-to-increase-prices-on-high-costs.htmlWed, 20 Oct 2021 14:48:00 GMTGLOBAL NICKEL WRAP: Tight supply underpins premiumsNickel premiums were stable globally on Tuesday October 19, supported by tight inventories.http://www.metalbulletin.com/Article/4012654/GLOBAL-NICKEL-WRAP-Tight-supply-underpins-premiums.htmlWed, 20 Oct 2021 14:17:00 GMTSOUTHERN EUROPE REBAR: Prices up in latest deals but may go higherSteel rebar prices in Southern Europe moved up in the week to Wednesday October 20, while some producers withdrew from the market to consider raising their offers further, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4012680/SOUTHERN-EUROPE-REBAR-Prices-up-in-latest-deals-but-may-go-higher.htmlWed, 20 Oct 2021 14:12:00 GMTASIA STEEL SCRAP DIGEST: Taiwan container import prices may stay on uptrend, sources sayTaiwan’s import prices for containers of steel scrap were expected to continue to rise because of a huge premium for bulk import prices over material arriving in containers, market sources told Fastmarkets on Wednesday October 20. http://www.metalbulletin.com/Article/4010729/ASIA-STEEL-SCRAP-DIGEST-Taiwan-container-import-prices-may-stay-on-uptrend-sources-say.htmlWed, 20 Oct 2021 12:40:00 GMTRUSSIA FLAT STEEL: Mills raise HR, CR sheet prices despite slower demandRussian steel mills increased their prices for November deliveries of hot-rolled (HR) and cold-rolled (CR) steel sheet in the country’s Central District around Moscow on Monday October 18, despite buying interest being cooler with the end of the construction season, Fastmarkets has heard. http://www.metalbulletin.com/Article/4012647/RUSSIA-FLAT-STEEL-Mills-raise-HR-CR-sheet-prices-despite-slower-demand.htmlWed, 20 Oct 2021 12:20:00 GMTIRON ORE DAILY: Easing coke prices prompts demand for iron ore fines, seaborne prices rangebound movementsSeaborne iron ore prices movements were rangebound on Wednesday October 20 amid easing coking coal prices in China, which might have prompted some demand for low-mid grade iron ore fines, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012650/IRON-ORE-DAILY-Easing-coke-prices-prompts-demand-for-iron-ore-fines-seaborne-prices-rangebound.htmlWed, 20 Oct 2021 12:09:00 GMTCOKING COAL DAILY: Seaborne prices relatively stable; NDRC to tackle coal price surgeSeaborne coking coal prices remained relatively stable on Wednesday October 20 with no trading activity. In China, market participants were cautious after the National Development and Reform Commission (NDRC) held meetings on thermal coal price controls on Tuesday.http://www.metalbulletin.com/Article/4012664/COKING-COAL-DAILY-Seaborne-prices-relatively-stable-NDRC-to-tackle-coal-price-surge.htmlWed, 20 Oct 2021 12:08:00 GMTTrafigura says its canceled copper destined for customers in Asia, EuropeTrafigura has been drawing down stocks of copper from London Metal Exchange warehouses to deliver to customers, mainly in Asia and Europe, amid extremely tight market conditions, the company said.http://www.metalbulletin.com/Article/4012651/Trafigura-says-its-canceled-copper-destined-for-customers-in-Asia-Europe.htmlWed, 20 Oct 2021 11:32:00 GMTGLOBAL COPPER WRAP: 'Astonishing' and 'insane' LME prices, backwardations hinder spot tradeHigh prices on the London Metal Exchange and record-high backwardations for copper's contracts put off spot buyers in both European and Asian markets in the week ended October 19, while in the United States markets were steady with 2022 contract negotiations ongoing.http://www.metalbulletin.com/Article/4012648/GLOBAL-COPPER-WRAP-Astonishing-and-insane-LME-prices-backwardations-hinder-spot-trade.htmlWed, 20 Oct 2021 11:10:00 GMTGLOBAL ZINC & LEAD WRAP: European, SE Asian premiums rise European and Southeast Asian zinc premiums have risen on tight supply, though other regions, as well as the lead market, were quiet in the week to Tuesday October 19 amid high prices on the London Metal Exchange.http://www.metalbulletin.com/Article/4012636/GLOBAL-ZINC-and-LEAD-WRAP-European-SE-Asian-premiums-rise.htmlWed, 20 Oct 2021 10:51:00 GMTCHINA HRC: Prices fall amid broad-based declineSpot prices for hot-rolled coil in China fell on Wednesday October 20, after futures tumbled to a one-week low amid a broad-based decline led by coal-related products.http://www.metalbulletin.com/Article/4012646/CHINA-HRC-Prices-fall-amid-broad-based-decline.htmlWed, 20 Oct 2021 10:47:00 GMTCHINA REBAR: Prices down after coal futures diveChina’s domestic rebar prices decreased on Wednesday October 20 amid weak demand following a sharp decrease in coal futures. http://www.metalbulletin.com/Article/4012640/CHINA-REBAR-Prices-down-after-coal-futures-dive.htmlWed, 20 Oct 2021 09:56:00 GMTLIVE FUTURES 20/10: Copper edges down following LME-imposed amendmentsThe London Metal Exchange three-month copper price traded slightly lower during morning trading on Wednesday October 20 following the exchange’s amendments designed to maintain order in the copper market the previous day.http://www.metalbulletin.com/Article/4012642/LIVE-FUTURES-2010-Copper-edges-down-following-LME-imposed-amendments.htmlWed, 20 Oct 2021 09:43:00 GMTMORNING VIEW: Base metals pull back from near vertical run; LME prices down 1.3% so far on WednesdayBase metals prices were down across the board on both the London Metal Exchange and Shanghai Futures Exchange this morning, Wednesday October 20, with relatively high volume being seen on the LME.http://www.metalbulletin.com/Article/4012637/MORNING-VIEW-Base-metals-pull-back-from-near-vertical-run-LME-prices-down-13-so-far-on-Wednesday.htmlWed, 20 Oct 2021 07:30:00 GMTAT A GLANCE: BHP to increase iron ore capacity to 330mln tpy at Port HedlandA summary of BHP’s operational review for iron ore and metallurgical coal for the quarter ended September 30, 2021, as released on Tuesday October 19.http://www.metalbulletin.com/Article/4012635/AT-A-GLANCE-BHP-to-increase-iron-ore-capacity-to-330mln-tpy-at-Port-Hedland.htmlWed, 20 Oct 2021 06:45:00 GMTAT A GLANCE: Vale's Q3 iron ore output up 0.8%, shipments rise 2.2%A summary of Brazilian miner Vale’s iron ore results for the third quarter of 2021, as stated in its latest production and sales report published on Tuesday October 19.http://www.metalbulletin.com/Article/4012634/AT-A-GLANCE-Vales-Q3-iron-ore-output-up-08-shipments-rise-22.htmlWed, 20 Oct 2021 05:23:00 GMTGLOBAL TIN WRAP: Premiums diverge as LME prices peakWaning demand registers in Europe, but not yet on US premiums in the two weeks to Tuesday October 19, a day of record high London Metal Exchange tin prices.http://www.metalbulletin.com/Article/4012629/GLOBAL-TIN-WRAP-Premiums-diverge-as-LME-prices-peak.htmlWed, 20 Oct 2021 03:54:00 GMTGLOBAL ALUMINIUM WRAP: Premiums fall in Europe, Brazil; sentiment soursAluminium premiums in Asia were stable this week following the conclusion of quarterly negotiations, while low availability of metal kept premiums in the United States steady, but a growing backwardation in London Metal Exchange spreads ignited a downswing in Europe and Brazil.http://www.metalbulletin.com/Article/4012620/GLOBAL-ALUMINIUM-WRAP-Premiums-fall-in-Europe-Brazil-sentiment-sours.htmlWed, 20 Oct 2021 02:34:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 19Here are five Fastmarkets stories you might have missed on Tuesday October 19 that are worth another look.http://www.metalbulletin.com/Article/4012628/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-19.htmlTue, 19 Oct 2021 23:05:00 GMTHOTTER ON METALS: Cooling copper and the credibility challengeThe three-month copper contract is trading near record highs on the London Metal Exchange, cash prices are rising even faster, and inventories are descending toward zero. Try running a hedge book in those conditions.http://www.metalbulletin.com/Article/4012624/HOTTER-ON-METALS-Cooling-copper-and-the-credibility-challenge.htmlTue, 19 Oct 2021 22:36:00 GMTMexican ferrous scrap prices fall on wide gap between buyersSteel scrap prices in the main Mexican markets of Monterrey and Bajio continued their downward trend in the week ended Friday October 15, but prices diverged widely between buyers.http://www.metalbulletin.com/Article/4012622/Mexican-ferrous-scrap-prices-fall-on-wide-gap-between-buyers.htmlTue, 19 Oct 2021 21:54:00 GMTLME imposes measures to cool copper marketThe London Metal Exchange has imposed a series of temporary measures to maintain an orderly copper market after wild outright and spread price moves and dwindling inventories in recent days, the exchange said.http://www.metalbulletin.com/Article/4012621/LME-imposes-measures-to-cool-copper-market.htmlTue, 19 Oct 2021 20:12:00 GMTGULF STEEL BILLET, REBAR: Market awaits new local prices, expects rise of $30 per tonneSteel rebar and billet buyers in the United Arab Emirates were waiting for new local rebar prices to be announced in the week ended Tuesday October 19; they expect a price increase of around $30 per tonne, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012534/GULF-STEEL-BILLET-REBAR-Market-awaits-new-local-prices-expects-rise-of-30-per-tonne.htmlTue, 19 Oct 2021 19:22:00 GMTNovelis to add 124kt of Al in US with $130mln investmentNovelis will invest approximately $130 million to upgrade its operations in Oswego, New York, the global aluminum rolling and recycling firm said in a press release on October 18.http://www.metalbulletin.com/Article/4012613/Novelis-to-add-124kt-of-Al-in-US-with-130mln-investment.htmlTue, 19 Oct 2021 17:43:00 GMTLIVE FUTURES 19/10: Base metals prices dip after strong startBase metals on the London Metal Exchange closed lower day on day on Tuesday October 19 after a strong open.http://www.metalbulletin.com/Article/4012607/LIVE-FUTURES-1910-Base-metals-prices-dip-after-strong-start.htmlTue, 19 Oct 2021 16:53:00 GMTRussia removes or reduces duties on ferro-alloy exportsThe Russian government has removed or reduced existing export duties on ferro-alloys, effective October 15, after responding to domestic industry concerns, trade sources said.http://www.metalbulletin.com/Article/4012565/Russia-removes-or-reduces-duties-on-ferro-alloy-exports.htmlTue, 19 Oct 2021 16:43:00 GMTGULF FLAT STEEL IMPORTS: Prices keep rising despite poor demandPrices for flat steel imports into the United Arab Emirates and Saudi Arabia continued to increase during the week ended Tuesday October 19, but demand was not strong in either country, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4012600/GULF-FLAT-STEEL-IMPORTS-Prices-keep-rising-despite-poor-demand.htmlTue, 19 Oct 2021 15:50:00 GMTCIS STEEL BILLET: Suppliers aggressive but no higher dealsExporters of billet from the Commonwealth of Independent States aggressively increased offers on October 19, although no sales were heard at the higher levels.http://www.metalbulletin.com/Article/4012567/CIS-STEEL-BILLET-Suppliers-aggressive-but-no-higher-deals.htmlTue, 19 Oct 2021 15:42:00 GMTDAILY STEEL SCRAP: Turkish steelmakers to book more scrap for DecemberThere were no deep-sea bookings by Turkish steel mills on Tuesday October 19, but sources expect mills to book more cargoes for December amid strong demand for billet and rebar, market participants told Fastmarkets.http://www.metalbulletin.com/Article/4012597/DAILY-STEEL-SCRAP-Turkish-steelmakers-to-book-more-scrap-for-December.htmlTue, 19 Oct 2021 15:41:00 GMTEUROPE HRC: Poor demand from auto sector drives domestic prices down furtherDomestic prices for hot-rolled coil in Northern Europe and Italy moved downward on Tuesday October 19 on increased supply to the spot market resulting from lower consumption by the automotive sector, sources told Fastmarkets. http://www.metalbulletin.com/Article/4012598/EUROPE-HRC-Poor-demand-from-auto-sector-drives-domestic-prices-down-further.htmlTue, 19 Oct 2021 15:32:00 GMTCHINA CRC, HDG: Buying interest weakens ahead of year-end Trading liquidity for Chinese steel cold-rolled coil and hot-dipped galvanized coil remained quiet in the week ended October 19 after growing fears of export policy changes ahead of the end of the year dented buying interest for Chinese material.http://www.metalbulletin.com/Article/4012438/CHINA-CRC-HDG-Buying-interest-weakens-ahead-of-year-end.htmlTue, 19 Oct 2021 12:49:00 GMTCOKING COAL DAILY: Seaborne prices relatively stable amid quiet marketsSeaborne coking coal prices were relatively stable on Tuesday October 19, with no trading activity heard. And the seaborne premium fob price will likely remain steady for the rest of the year, several sources said.http://www.metalbulletin.com/Article/4012439/COKING-COAL-DAILY-Seaborne-prices-relatively-stable-amid-quiet-markets.htmlTue, 19 Oct 2021 12:18:00 GMTGERMANY STEEL SCRAP: Domestic prices stabilize in mid-October; suppliers look for higher pricesGerman steelmakers have settled their monthly steel scrap contracts for October at fairly stable prices, sources told Fastmarkets on Tuesday October 19. http://www.metalbulletin.com/Article/4012430/GERMANY-STEEL-SCRAP-Domestic-prices-stabilize-in-mid-October-suppliers-look-for-higher-prices.htmlTue, 19 Oct 2021 12:00:00 GMTIRON ORE DAILY: Prices down; demand outlook still weakSeaborne iron ore prices inched lower on Tuesday October 19 because market participants adopted a weak outlook for iron ore demand after more news of steel production cuts in south China’s Jiangsu province and iron ore logistics disruptions in north China’s Tangshan, market sources said.http://www.metalbulletin.com/Article/4012431/IRON-ORE-DAILY-Prices-down-demand-outlook-still-weak.htmlTue, 19 Oct 2021 11:53:00 GMTCIS FLAT STEEL: Prices improve on stronger local market in TurkeyExport prices for flat steel product from the Commonwealth of Independent States rose during the week ended Monday October 18 on a stronger local market in Turkey - the key destination for flat steel exports from Russia and Ukraine.http://www.metalbulletin.com/Article/4012428/CIS-FLAT-STEEL-Prices-improve-on-stronger-local-market-in-Turkey.htmlTue, 19 Oct 2021 11:24:00 GMTASIA STEEL SCRAP DIGEST: Export offers from Japan remain high amid rising local pricesTokyo Steel has increased its domestic scrap purchase prices for the fourth time in October, keeping Japan's export offers for steel scrap well supported, sources told Fastmarkets on Tuesday October 19.http://www.metalbulletin.com/Article/4012418/ASIA-STEEL-SCRAP-DIGEST-Export-offers-from-Japan-remain-high-amid-rising-local-prices.htmlTue, 19 Oct 2021 11:20:00 GMTFOCUS: China’s cobalt metal price rises but unlikely to catch up with international pricesChina’s cobalt metal price strengthened after China’s National Day holiday (October 1-7) amid the rally in international benchmark metal price and a shortage of spot units. While the price gap between China domestic market and the international market narrowed, it is unlikely that the former will match the latter in the near future, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012419/FOCUS-Chinas-cobalt-metal-price-rises-but-unlikely-to-catch-up-with-international-prices.htmlTue, 19 Oct 2021 10:59:00 GMTFOCUS: The link between Toyota's shutdowns and steel scrap pricesWhat do Toyota's automotive plant shutdowns have to do with steel scrap prices?http://www.metalbulletin.com/Article/4012413/FOCUS-The-link-between-Toyotas-shutdowns-and-steel-scrap-prices.htmlTue, 19 Oct 2021 10:20:00 GMTLME WEEK 2021: Digitalization could provide efficiency and a new route to marketDigitalization can provide the metals trading industry with several benefits, including access to buyers’ and suppliers’ networks, panellists said at an LME Week seminar in London on October 11.http://www.metalbulletin.com/Article/4012421/LME-WEEK-2021-Digitalization-could-provide-efficiency-and-a-new-route-to-market.htmlTue, 19 Oct 2021 10:16:00 GMTLIVE FUTURES 19/10: LME base metals prices all up; copper’s C/3M spread at $740/t backwardationBase metals prices on the London Metal Exchange all performed well during morning trading on Tuesday October 19, while high energy prices and lower production levels continued to squeeze the markets.http://www.metalbulletin.com/Article/4012424/LIVE-FUTURES-1910-LME-base-metals-prices-all-up-coppers-C3M-spread-at-740t-backwardation.htmlTue, 19 Oct 2021 10:08:00 GMTMORNING VIEW: Base metals squeezed higher with copper’s C/3m spread rising above $1,100/tBase metals prices continued to soar higher this morning, Tuesday October 19, with cash prices rising at an even faster pace while shorts are squeezed. Cash copper prices on the London Metal Exchange were evaluated on Monday evening at $1,103.50 per tonne.http://www.metalbulletin.com/Article/4012417/MORNING-VIEW-Base-metals-squeezed-higher-with-coppers-C3m-spread-rising-above-1100t.htmlTue, 19 Oct 2021 08:32:00 GMTHoa Phat Steel close to securing UK Cares certification, sources sayVietnam's Hoa Phat Steel is close to obtaining certification from the United Kingdom Certification Authority for Reinforcing Steels (Cares), which would allow it to sell its rebar to the key markets of Singapore and Hong Kong, sources told Fastmarkets this week.http://www.metalbulletin.com/Article/4012416/Hoa-Phat-Steel-close-to-securing-UK-Cares-certification-sources-say.htmlTue, 19 Oct 2021 06:44:00 GMTChina's coal output rises after NDRC urges miners to ramp upChina's National Development & Reform Commission has urged coal miners to raise their operating rates and increase supply amid a power shortage in the country and high prices for natural gas in other parts of the world.http://www.metalbulletin.com/Article/4012414/Chinas-coal-output-rises-after-NDRC-urges-miners-to-ramp-up.htmlTue, 19 Oct 2021 05:47:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 18Here are five Fastmarkets stories you might have missed on Monday October 18 that are worth another look.http://www.metalbulletin.com/Article/4012409/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-18.htmlMon, 18 Oct 2021 23:05:00 GMTToyota to invest $3.4bln in US auto, EV batteriesToyota will invest approximately $3.4 billion in automotive batteries in the United States through 2030, the Japanese automaker said on Monday October 18 . http://www.metalbulletin.com/Article/4012403/Toyota-to-invest-34bln-in-US-auto-EV-batteries.htmlMon, 18 Oct 2021 21:41:00 GMTArgentina's Aluar to resume remaining 25% restricted aluminium capacityArgentinian aluminium producer Aluar will resume a quarter of its production capacity that has been restricted since the beginning of the Covid-19 pandemic after the federal government guaranteed power supply at lower costs, the company and the government said jointly on Wednesday October 13. http://www.metalbulletin.com/Article/4012393/Argentinas-Aluar-to-resume-remaining-25-restricted-aluminium-capacity.htmlMon, 18 Oct 2021 20:38:00 GMTLIVE FUTURES 18/10: LME prices fall from highs but stay elevated; copper C/3M at $600/t backwardationLondon Metal Exchange prices ended broadly lower on the afternoon of Monday October 18 after rising to new highs during the trading day, while copper spread backwardations reached previously unseen figures.http://www.metalbulletin.com/Article/4012394/LIVE-FUTURES-1810-LME-prices-fall-from-highs-but-stay-elevated-copper-C3M-at-600t-backwardation.htmlMon, 18 Oct 2021 20:34:00 GMTVale's Onça Puma nickel ops suspended again; company plans appealVale's operational license at its Onça Puma nickel mine in northern Brazil has again been suspended by the state court of Pará, the Brazilian mining company said on Monday October 18. http://www.metalbulletin.com/Article/4012387/Vales-Ona-Puma-nickel-ops-suspended-again-company-plans-appeal.htmlMon, 18 Oct 2021 19:24:00 GMTMexico, Canada, help send US Si price to new high; $5 per lb in sightSilicon sales upward of $5 per lb reported in Mexico and Canada indicate continued upward pressure on prices of the aluminium alloying metal in the United States, which reached another all-time high on Thursday October 14.http://www.metalbulletin.com/Article/4012382/Mexico-Canada-help-send-US-Si-price-to-new-high-5-per-lb-in-sight.htmlMon, 18 Oct 2021 17:57:00 GMTEUROPE HRC: Trading slow; sentiment negative on poor automotive demandTrading activity in the European hot-rolled coil market remained subdued on Monday October 18, with mills and buyers both holding back from trading, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012379/EUROPE-HRC-Trading-slow-sentiment-negative-on-poor-automotive-demand.htmlMon, 18 Oct 2021 17:32:00 GMTEUROPE HRC WRAP: Domestic prices continue to slide; sentiment bearishDomestic prices for hot-rolled coil declined in the European Union in the week to Friday October 15, reflecting bearish sentiment in the market and poor demand from the automotive segment.http://www.metalbulletin.com/Article/4012380/EUROPE-HRC-WRAP-Domestic-prices-continue-to-slide-sentiment-bearish.htmlMon, 18 Oct 2021 17:20:00 GMTCIS STEEL BILLET: Price jumps following sales to TurkeyThe Commonwealth of Independent States' (CIS) billet export prices increased following a couple of Black Sea cargoes reportedly sold to Turkey, sources told Fastmarkets on Monday October 18.http://www.metalbulletin.com/Article/4012309/CIS-STEEL-BILLET-Price-jumps-following-sales-to-Turkey.htmlMon, 18 Oct 2021 17:09:00 GMTFord to invest $316mln to build electric car components in UKFord Motor will invest $316 million to build electric car components at its Halewood factory in northern England, it said.http://www.metalbulletin.com/Article/4012319/Ford-to-invest-316mln-to-build-electric-car-components-in-UK.htmlMon, 18 Oct 2021 17:03:00 GMTTURKEY DOMESTIC STEEL SCRAP: Rising import costs drag up domestic pricesTurkish domestic scrap prices have increased during the week to Monday October 18 in line with rising imported scrap values, market participants said.http://www.metalbulletin.com/Article/4012317/TURKEY-DOMESTIC-STEEL-SCRAP-Rising-import-costs-drag-up-domestic-prices.htmlMon, 18 Oct 2021 15:38:00 GMTANTIMONY MONTHLY REVIEW – OCTOBER: Tightening metal, trioxide supplyThe antimony metal and trioxide markets remained tight, with China’s environmental checks the main factor pushing the prices up; some market players hope that smelters in Hunan, China, could reopen at the end of October, easing supply.http://www.metalbulletin.com/Article/4012310/ANTIMONY-MONTHLY-REVIEWOCTOBER-Tightening-metal-trioxide-supply.htmlMon, 18 Oct 2021 15:18:00 GMTMANGANESE ORE ANALYTICS: October 18, 2021The latest data for the global manganese ore market for the week to October 18, 2021. http://www.metalbulletin.com/Article/4012288/MANGANESE-ORE-ANALYTICS-October-18-2021.htmlMon, 18 Oct 2021 14:34:00 GMTSeaborne manganese ore markets hit six-month high Seaborne low- and high-grade manganese ore markets hit half-year highs in the week to Friday October 18 due to strong sentiment stemming from good Chinese demand amid rising portside markets.http://www.metalbulletin.com/Article/4012294/Seaborne-manganese-ore-markets-hit-six-month-high.htmlMon, 18 Oct 2021 13:01:00 GMTAT A GLANCE: Severstal’s sales increase despite Russian export duty and softer domestic demandA summary of the operational results for Russian steelmaker Severstal for the third quarter (July-September) of 2021http://www.metalbulletin.com/Article/4012292/AT-A-GLANCE-Severstals-sales-increase-despite-Russian-export-duty-and-softer-domestic-demand.htmlMon, 18 Oct 2021 12:40:00 GMTCOKING COAL DAILY: Prices slightly up; Mongolian coal truck numbers to increaseSeaborne coking coal prices increased slightly on Monday October 18. And the number of trucks for transporting Mongolian coal is expected to increase, sources said.http://www.metalbulletin.com/Article/4012291/COKING-COAL-DAILY-Prices-slightly-up-Mongolian-coal-truck-numbers-to-increase.htmlMon, 18 Oct 2021 11:51:00 GMTINTERVIEW: Feralpi commits to decarbonization in face of challenging market environmentGiuseppe Pasini, chairman of Italy’s Feralpi Group, one of the leading long steel manufacturers in the European Union, spoke with Fastmarkets' Julia Bolotova about the challenges facing the European steel sector and Feralpi’s strategy in light of the EU’s ambitious greenhouse emissions reduction goals and global trade restrictions.http://www.metalbulletin.com/Article/4012002/INTERVIEW-Feralpi-commits-to-decarbonization-in-face-of-challenging-market-environment.htmlMon, 18 Oct 2021 11:45:00 GMTPortside manganese ore markets jump; low- and high-grade price gap widensManganese ore prices at Chinese ports rose markedly in the week to Friday October 15 amid an improved demand outlook and easing production headwinds in some major alloy-producing regions.http://www.metalbulletin.com/Article/4012287/Portside-manganese-ore-markets-jump-low-and-high-grade-price-gap-widens.htmlMon, 18 Oct 2021 11:36:00 GMTIRON ORE DAILY: Prices down slightly amid weak steel demandIron ore prices were mostly down a bit on Monday October 18 with limited liquidity amid weak steel demand, sources said.http://www.metalbulletin.com/Article/4012289/IRON-ORE-DAILY-Prices-down-slightly-amid-weak-steel-demand.htmlMon, 18 Oct 2021 11:27:00 GMTUmicore expects slightly lower 2021 earnings amid semiconductor shortageBelgian battery materials manufacturer Umicore has lowered their full-year outlook for 2021 because the global semiconductor shortage has impacted its catalysis, cathode materials and recycling segments business, the company said on Monday October 18.http://www.metalbulletin.com/Article/4012280/Umicore-expects-slightly-lower-2021-earnings-amid-semiconductor-shortage.htmlMon, 18 Oct 2021 11:00:00 GMTCHINA HRC: Demand concerns weigh on prices Spot prices for hot-rolled coil (HRC) in China retreated on Monday October 18 with the latest economic data sparking concerns over demand.http://www.metalbulletin.com/Article/4012285/CHINA-HRC-Demand-concerns-weigh-on-prices.htmlMon, 18 Oct 2021 10:40:00 GMTIN FIGURES: Chinese crude steel output drops 21% y-o-y in SepChina’s production of crude steel, hot metal and finished steel all fell by more than 10% in September from a year earlier, according to data released by the country’s National Bureau of Statistics (NBS) on Monday October 18.http://www.metalbulletin.com/Article/4012279/IN-FIGURES-Chinese-crude-steel-output-drops-21-y-o-y-in-Sep.htmlMon, 18 Oct 2021 10:12:00 GMTLIVE FUTURES 18/10: LME metals prices stay high; eyes on backwardated spreadsBase metals prices on the London Metal Exchange mostly rose during morning trading on Monday October 18, due to continued fears of supply tightness.http://www.metalbulletin.com/Article/4012281/LIVE-FUTURES-1810-LME-metals-prices-stay-high-eyes-on-backwardated-spreads.htmlMon, 18 Oct 2021 09:21:00 GMTCHINA REBAR: Prices down following unfavorable housing market dataChina’s domestic rebar prices dropped on Monday October 18 following the release of data by National Bureau of Statistics (NBS) showing a decrease in new housing starts.http://www.metalbulletin.com/Article/4012278/CHINA-REBAR-Prices-down-following-unfavorable-housing-market-data.htmlMon, 18 Oct 2021 09:15:00 GMTMORNING VIEW: Base metal prices strong as energy shortages threaten supplyBase metals prices on the London Metal Exchange and Shanghai Futures Exchange were generally up strongly this morning, Monday October 18, with energy shortages and high energy prices continuing to affect supply. The market seems to be ignoring, for now, the weaker economic data out of China.http://www.metalbulletin.com/Article/4012277/MORNING-VIEW-Base-metal-prices-strong-as-energy-shortages-threaten-supply.htmlMon, 18 Oct 2021 09:02:00 GMTAT A GLANCE: Rio Tinto posts 4% fall in Q3 Pilbara iron ore output, shipments up 2%A summary of Rio Tinto’s third-quarter production and shipment results, released by the company on Friday October 15. http://www.metalbulletin.com/Article/4012275/AT-A-GLANCE-Rio-Tinto-posts-4-fall-in-Q3-Pilbara-iron-ore-output-shipments-up-2.htmlMon, 18 Oct 2021 07:28:00 GMTSeaborne concentrate, pellet prices boosted by futures strength, increased demandSeaborne iron ore concentrate and pellet prices rose in the week ended Friday October 15, benefitting from an uptrend in futures and increased buying interest ahead of upcoming sintering restrictions, market sources told Fastmarkets.http://www.metalbulletin.com/Article/4012011/Seaborne-concentrate-pellet-prices-boosted-by-futures-strength-increased-demand.htmlMon, 18 Oct 2021 03:14:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 15Here are five Fastmarkets stories you might have missed on Friday October 15 that are worth another look.http://www.metalbulletin.com/Article/4012265/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-15.htmlSun, 17 Oct 2021 23:05:00 GMTBrazilian slab export prices down, but market said at bottomSlab export prices from Brazil declined in the week to Friday October 15, with offers and bids consolidating at lower levels, but market participants expected prices to have reached a bottom with no further room to drop.http://www.metalbulletin.com/Article/4012205/Brazilian-slab-export-prices-down-but-market-said-at-bottom.htmlFri, 15 Oct 2021 20:49:00 GMTPig iron export market from southern Brazil up on new salesThe market for pig iron exports from the south of Brazil went up during the week to Friday October 15 because of new sales, Fastmarkets has heard. http://www.metalbulletin.com/Article/4012202/Pig-iron-export-market-from-southern-Brazil-up-on-new-sales.htmlFri, 15 Oct 2021 19:38:00 GMTSouth American flat steel import prices mostly down after Brazil, Russia reduce offersMost prices for flat-rolled steel products imported into South America were down during the week ended Friday October 15, with Brazilian mills lowering their offers, Russian sellers pressuring the market downward and Chinese material still scarce in the region. http://www.metalbulletin.com/Article/4012201/South-American-flat-steel-import-prices-mostly-down-after-Brazil-Russia-reduce-offers.htmlFri, 15 Oct 2021 19:00:00 GMTUS PIG IRON: Prices up on positive global market moodPrices in the United States’ pig iron import market went up during the week to Friday October 15 amid an improved global market mood, sources told Fastmarkets. http://www.metalbulletin.com/Article/4012195/US-PIG-IRON-Prices-up-on-positive-global-market-mood.htmlFri, 15 Oct 2021 18:12:00 GMTSTEEL SCRAP WRAP: Sharp price increases across globe amid stronger demandHigher demand in key consumer markets led to a jump in steel scrap prices across all major markets in the week to Friday October 15, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4012084/STEEL-SCRAP-WRAP-Sharp-price-increases-across-globe-amid-stronger-demand.htmlFri, 15 Oct 2021 17:10:00 GMTEUROPE STAINLESS STEEL: Higher prices expected on energy costs despite slow demandThe price of stainless steel in Europe was stable this week but mills were expected to try to push through increases because of higher energy costs, despite the fact that demand has slowed in recent weeks, Fastmarkets heard on Friday October 15. http://www.metalbulletin.com/Article/4012183/EUROPE-STAINLESS-STEEL-Higher-prices-expected-on-energy-costs-despite-slow-demand.htmlFri, 15 Oct 2021 16:45:00 GMTLIVE FUTURES 15/10: LME copper spreads backwardated until 2024, zinc up 22% from MondayThe entirety of copper's London Metal Exchange forward curve ended the day in a backwardated state on October 15, with fears of supply tightness taking over metals across the board. http://www.metalbulletin.com/Article/4012184/LIVE-FUTURES-1510-LME-copper-spreads-backwardated-until-2024-zinc-up-22-from-Monday.htmlFri, 15 Oct 2021 16:33:00 GMTSPECIALTY STEEL RAW MATERIALS 15/10: Buyers accept higher ferro-molybdenum offer pricesAn overview of the specialty steel raw materials markets in Europe and their latest price moves. http://www.metalbulletin.com/Article/4012085/SPECIALTY-STEEL-RAW-MATERIALS-1510-Buyers-accept-higher-ferro-molybdenum-offer-prices.htmlFri, 15 Oct 2021 16:33:00 GMTFOCUS: High price of coking coal pressures CIS steelmakers, particularly in UkraineRecord-high coking coal prices have been pressuring steelmakers in the Commonwealth of Independent States (CIS), mainly in Ukraine, because of a dependence on imports, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012048/FOCUS-High-price-of-coking-coal-pressures-CIS-steelmakers-particularly-in-Ukraine.htmlFri, 15 Oct 2021 16:30:00 GMTCIS PIG IRON: Prices rise on new sales amid bullish supplier outlookThe export pig iron market from the Commonwealth of Independent States improved in the week to Thursday October 14, with new sales to Italy and a bullish mood among suppliers.http://www.metalbulletin.com/Article/4012173/CIS-PIG-IRON-Prices-rise-on-new-sales-amid-bullish-supplier-outlook.htmlFri, 15 Oct 2021 16:29:00 GMTDAILY STEEL SCRAP: Turkish steelmakers book 10 deep-sea cargoes in past week at rising pricesTurkish steel mills booked at another five cargoes on Friday to bring the total for the week to 10, market participants told Fastmarkets on October 15. http://www.metalbulletin.com/Article/4012082/DAILY-STEEL-SCRAP-Turkish-steelmakers-book-10-deep-sea-cargoes-in-past-week-at-rising-prices.htmlFri, 15 Oct 2021 16:05:00 GMTENERGY TRANSITION RAW MATERIALS 15/10: International metal cobalt prices move up on firmer tone after LME weekAn overview of the new energy materials markets and their price moves in the week to Friday October 15.http://www.metalbulletin.com/Article/4012040/ENERGY-TRANSITION-RAW-MATERIALS-1510-International-metal-cobalt-prices-move-up-on-firmer-tone-after.htmlFri, 15 Oct 2021 15:42:00 GMTTURKEY COATED FLAT STEEL: Prices increase, some producers stop taking new ordersCoated steel coil prices increased sharply in Turkey during the week ended Friday October 15 and some producers stopped accepting new orders, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012083/TURKEY-COATED-FLAT-STEEL-Prices-increase-some-producers-stop-taking-new-orders.htmlFri, 15 Oct 2021 15:37:00 GMTEUROPE HRC: Trading activity slow, sentiment bearishA lack of trading across Europe kept domestic prices for hot-rolled coil fairly stable on Friday October 15, sources told Fastmarkets. http://www.metalbulletin.com/Article/4012079/EUROPE-HRC-Trading-activity-slow-sentiment-bearish.htmlFri, 15 Oct 2021 15:25:00 GMTCOPPER CONCS SNAPSHOT: Price rally raises concerns; annual talks beginFastmarkets copper concentrate treatment charge/refining charge (TC/RC) edged down this week, with few inquiries for spot tonnages, sources said on Friday October 15. http://www.metalbulletin.com/Article/4012016/COPPER-CONCS-SNAPSHOT-Price-rally-raises-concerns-annual-talks-begin.htmlFri, 15 Oct 2021 14:51:00 GMTPOLAND WIRE ROD: Producers eye November price rise despite slow buyingSteel wire rod prices in Poland were broadly flat in the week to Friday October 15, while market sources expect producers to increase prices in November due to higher energy costs, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012006/POLAND-WIRE-ROD-Producers-eye-November-price-rise-despite-slow-buying.htmlFri, 15 Oct 2021 14:34:00 GMTPOLAND REBAR: Prices largely flat, market waits for increasePoland’s steel rebar market remained flat in the week to October 15, but sources expect producers to seek higher prices due to high energy costs, sources told Fastmarkets on Friday.http://www.metalbulletin.com/Article/4012009/POLAND-REBAR-Prices-largely-flat-market-waits-for-increase.htmlFri, 15 Oct 2021 14:07:00 GMTSpot spodumene price steady; market eyes next auction The spot price for spodumene concentrates has been steady in the past two weeks, while the market is eyeing the next auction for lithium feedstock in late October.http://www.metalbulletin.com/Article/4012012/Spot-spodumene-price-steady-market-eyes-next-auction.htmlFri, 15 Oct 2021 14:00:00 GMTCOKING COAL DAILY: PCI prices up in cfr, fob market amid supply tightnessSeaborne coking coal prices stayed largely stable in the cfr China market but decreased in the fob market on Friday October 15, amid weak offers and bids.http://www.metalbulletin.com/Article/4012010/COKING-COAL-DAILY-PCI-prices-up-in-cfr-fob-market-amid-supply-tightness.htmlFri, 15 Oct 2021 13:05:00 GMTASIA STEEL SCRAP DIGEST: China demand rises amid relaxation in power rationingLess stringent restrictions on power supply in some areas of China have led to a boost in steel production levels and ferrous scrap demand at some mills in recent days, sources told Fastmarkets on Friday October 15. http://www.metalbulletin.com/Article/4012001/ASIA-STEEL-SCRAP-DIGEST-China-demand-rises-amid-relaxation-in-power-rationing.htmlFri, 15 Oct 2021 13:02:00 GMTShanxi bauxite supply chain survives heavy rains but concern remains over winter cutsMarket participants in the bauxite industry in China, both metallurgical and non-metallurgical grades, have downplayed the effect of heavy rainfall in Shanxi earlier this month despite a temporary closure of alumina operation lines. But sources expressed concerns over operations in the coming winter because of the traditional environmental regulations and energy shortages.http://www.metalbulletin.com/Article/4012031/Shanxi-bauxite-supply-chain-survives-heavy-rains-but-concern-remains-over-winter-cuts.htmlFri, 15 Oct 2021 12:28:00 GMTZinc tops $3,700 with high energy prices to curtail European production furtherThe three-month zinc price on the London Metal Exchange reached a 14-year high of $3,750 per tonne on Friday October 15, with prices and premiums spiking amid concerns over supply in Europe and the United States.http://www.metalbulletin.com/Article/4012005/Zinc-tops-3700-with-high-energy-prices-to-curtail-European-production-further.htmlFri, 15 Oct 2021 12:02:00 GMTIRON ORE DAILY: Seaborne prices ease amid fizzling demand at Chinese portsSeaborne iron ore prices fell on Friday October 15 amid lower traded volumes at Chinese ports, sources told Fastmarkets.http://www.metalbulletin.com/Article/4012008/IRON-ORE-DAILY-Seaborne-prices-ease-amid-fizzling-demand-at-Chinese-ports.htmlFri, 15 Oct 2021 11:12:00 GMTINTERVIEW: Carbon oversupply in China could cap price surchargesAn oversupply of emissions trading credits in China by more than 1.5 billion tonnes of carbon dioxide will likely cap carbon prices in the country, TransitionZero carbon analyst Matt Gray told Fastmarkets in an interview.http://www.metalbulletin.com/Article/4011789/INTERVIEW-Carbon-oversupply-in-China-could-cap-price-surcharges.htmlFri, 15 Oct 2021 10:10:00 GMTCHINA REBAR: Eastern prices stop rising on destocking needEastern China rebar prices lost upward momentum on Friday October 15 due to sellers’ need to reduce inventories.http://www.metalbulletin.com/Article/4011997/CHINA-REBAR-Eastern-prices-stop-rising-on-destocking-need.htmlFri, 15 Oct 2021 10:04:00 GMTMORNING VIEW: Metals prices have made a strong statement during LME WeekLME base metals prices were little changed early on Friday October 15, but the strong gains seen during this LME Week support our long-held view that we are in a supercycle, with other factors, such as power cuts in China, high energy costs and logistics issues, also having an impact.http://www.metalbulletin.com/Article/4011978/MORNING-VIEW-Metals-prices-have-made-a-strong-statement-during-LME-Week.htmlFri, 15 Oct 2021 09:03:00 GMTLIVE FUTURES 15/10: LME still bullish, with 92% of copper booked for removal, new 2021 high for aluminium Copper's benchmark London Metal Exchange spreads moved into steep backwardations on the back of further stock removals on Friday October 15, with bullish sentiment extending across the base metals complex. http://www.metalbulletin.com/Article/4011989/LIVE-FUTURES-1510-LME-still-bullish-with-92-of-copper-booked-for-removal-new-2021-high-for-aluminium.htmlFri, 15 Oct 2021 09:00:00 GMTGLOBAL LITHIUM WRAP: Prices in China resume ascent after holidayLithium prices in China resumed their ascent in the week to Thursday October 14 on active trading after the end of a week-long holiday over October 1-7 to mark the country’s National Day, with the seaborne Asian market following suit.http://www.metalbulletin.com/Article/4011970/GLOBAL-LITHIUM-WRAP-Prices-in-China-resume-ascent-after-holiday.htmlFri, 15 Oct 2021 04:55:00 GMTNippon Steel sues Baosteel, Toyota for electric steel patent infringementJapanese steelmaker Nippon Steel is suing compatriot automaker Toyota and Chinese mill Baosteel on claims that the two had infringed on its patent for non-oriented electrical steel sheet. http://www.metalbulletin.com/Article/4011968/Nippon-Steel-sues-Baosteel-Toyota-for-electric-steel-patent-infringement.htmlFri, 15 Oct 2021 02:35:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 14Here are five Fastmarkets stories you might have missed on Thursday October 14 that are worth another look.http://www.metalbulletin.com/Article/4011959/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-14.htmlThu, 14 Oct 2021 23:05:00 GMTPort of Los Angeles to operate 24/7 to unclog shipping The Port of Los Angeles plans to operate around the clock seven days a week to address a growing backlog of shipments waiting in cargo containers anchored offshore to be unloaded at the port.http://www.metalbulletin.com/Article/4011962/Port-of-Los-Angeles-to-operate-247-to-unclog-shipping.htmlThu, 14 Oct 2021 21:45:00 GMTENERGY TRANSITION INTERVIEW: Industry accelerating push for clean energy tech - Nth Cycle CEORegulation has been an important driver for the push toward clean energy technologies but industry has accelerated this mindset, the chief executive officer of Nth Cycle said.http://www.metalbulletin.com/Article/4011926/ENERGY-TRANSITION-INTERVIEW-Industry-accelerating-push-for-clean-energy-tech-Nth-Cycle-CEO.htmlThu, 14 Oct 2021 17:04:00 GMTLIVE FUTURES 14/10: Prices up across board, copper reaches $10,000/tBase metals prices on the London Metal Exchange were up at the 5pm close of trading on Thursday October 14 on a weaker US Dollar Index, and continuing power supply issues that were squeezing metal supply. http://www.metalbulletin.com/Article/4011930/LIVE-FUTURES-1410-Prices-up-across-board-copper-reaches-10000t.htmlThu, 14 Oct 2021 17:02:00 GMTIndian mills raise HRC export prices on strong domestic demandIndian hot-rolled coil export prices have increased by about $15-25 per tonne in the week to Thursday October 14 because of strong domestic demand, Fastmarkets has heard. http://www.metalbulletin.com/Article/4011927/Indian-mills-raise-HRC-export-prices-on-strong-domestic-demand.htmlThu, 14 Oct 2021 16:42:00 GMTEU extends anti-dumping duties on imports of wire rod from ChinaThe European Commission (EC) has extended anti-dumping duties on imports of wire rod from China until 2026, the Official Journal of the European Union said on October 13.http://www.metalbulletin.com/Article/4011865/EU-extends-anti-dumping-duties-on-imports-of-wire-rod-from-China.htmlThu, 14 Oct 2021 16:37:00 GMTTURKEY STEEL BILLET: Rising scrap costs drag up billet valuesTurkish billet prices increased during the week ended October 14 because of the upturn in imported scrap costs, market participants told Fastmarkets.http://www.metalbulletin.com/Article/4011838/TURKEY-STEEL-BILLET-Rising-scrap-costs-drag-up-billet-values.htmlThu, 14 Oct 2021 16:30:00 GMTEUROPE HRC: Prices stable on lack of trading activity; sentiment gloomyDomestic prices for hot-rolled coil in Northern Europe and Italy remained fairly stable on Thursday October 14 due to limited trading activity, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4011873/EUROPE-HRC-Prices-stable-on-lack-of-trading-activity-sentiment-gloomy.htmlThu, 14 Oct 2021 16:22:00 GMTUK STEEL SCRAP MONTHLY: Prices steady or higher for October deliveriesThere was a mixed outcome in settlement negotiations for domestic steel scrap deliveries to UK steelmakers in October, with suppliers resisting downward pressure from consumers because of firm export markets, trade sources said on Thursday October 14. http://www.metalbulletin.com/Article/4011866/UK-STEEL-SCRAP-MONTHLY-Prices-steady-or-higher-for-October-deliveries.htmlThu, 14 Oct 2021 16:02:00 GMTEGYPT STEEL BILLET, REBAR: Imported billet prices increase; demand still weak due to new ACI systemImported billet prices into Egypt increased in the week to Thursday October 14, but appetite for imports was still weak because of the “Advance Cargo Information" system (ACI), sources told Fastmarkets.http://www.metalbulletin.com/Article/4011834/EGYPT-STEEL-BILLET-REBAR-Imported-billet-prices-increase-demand-still-weak-due-to-new-ACI-system.htmlThu, 14 Oct 2021 15:51:00 GMTDAILY STEEL SCRAP: Mills book more deep-sea cargoes, prices rise againTurkish steel mills are continuing to book deep-sea scrap at higher prices, market participants told Fastmarkets on Thursday October 14. http://www.metalbulletin.com/Article/4011863/DAILY-STEEL-SCRAP-Mills-book-more-deep-sea-cargoes-prices-rise-again.htmlThu, 14 Oct 2021 15:23:00 GMTTURKEY LONG STEEL: Domestic prices up again on weaker lira, more expensive scrapDomestic rebar and wire rod prices increased sharply in the week ended October 14 due to rising scrap costs and a weaker lira, sources said.http://www.metalbulletin.com/Article/4011833/TURKEY-LONG-STEEL-Domestic-prices-up-again-on-weaker-lira-more-expensive-scrap.htmlThu, 14 Oct 2021 14:47:00 GMTSPECIALTY STEEL RAW MATERIALS 14/10: Molybdenum prices jump on increasing consumer demandAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/4011810/SPECIALTY-STEEL-RAW-MATERIALS-1410-Molybdenum-prices-jump-on-increasing-consumer-demand.htmlThu, 14 Oct 2021 14:12:00 GMTTURKEY LONG STEEL EXPORTS: Increasing scrap costs raise pricesTurkish long steel export prices increased sharply on rising imported scrap costs, sources told Fastmarkets on Thursday October 14.http://www.metalbulletin.com/Article/4011832/TURKEY-LONG-STEEL-EXPORTS-Increasing-scrap-costs-raise-prices.htmlThu, 14 Oct 2021 14:11:00 GMTIranian billet, slab export prices rise after ‘significant’ sales; further increases expectedIranian exporters sold significant quantities of steel billet and slab via tender in the week to Wednesday October 13, achieving small, but firm price increases on the deals, sources told Fastmarkets. http://www.metalbulletin.com/Article/4011812/Iranian-billet-slab-export-prices-rise-after-significant-sales-further-increases-expected.htmlThu, 14 Oct 2021 13:39:00 GMTEU flat steel distributor shipments report marginal rise in AugustEuropean distributors of flat steel products reported a minor year-on-year increase in shipment volumes for August 2021, regional steel industry association Eurometal said on October 13.http://www.metalbulletin.com/Article/4011814/EU-flat-steel-distributor-shipments-report-marginal-rise-in-August.htmlThu, 14 Oct 2021 12:50:00 GMTCONSUMER ELECTRONICS MARKET REPORT 14/10: Indium prices move upAn overview of the consumer electronics markets and their latest price moves.http://www.metalbulletin.com/Article/4011808/CONSUMER-ELECTRONICS-MARKET-REPORT-1410-Indium-prices-move-up.htmlThu, 14 Oct 2021 12:17:00 GMTCHINA PIG IRON: Market continues uptrend amid tighter supplyPrices for imported basic pig iron into China increased over the past fortnight amid a shortage of material available from sellers, market sources told Fastmarkets on Thursday October 14. http://www.metalbulletin.com/Article/4011805/CHINA-PIG-IRON-Market-continues-uptrend-amid-tighter-supply.htmlThu, 14 Oct 2021 12:11:00 GMTIRON ORE DAILY: Seaborne prices up on active spot trading, increased demandSeaborne iron ore prices rose on Thursday October 14 amid active trading activity in the spot market and at Chinese ports because of a slight increase in buying interest, sources told Fastmarkets. http://www.metalbulletin.com/Article/4011813/IRON-ORE-DAILY-Seaborne-prices-up-on-active-spot-trading-increased-demand.htmlThu, 14 Oct 2021 12:00:00 GMTCOKING COAL DAILY: Prices up in cfr market amid necessary restockingSeaborne coking coal prices in the cfr China market increased on Thursday October 14 due to necessary restocking activities from Chinese steel mills; fob prices remained largely flat, market sources said.http://www.metalbulletin.com/Article/4011809/COKING-COAL-DAILY-Prices-up-in-cfr-market-amid-necessary-restocking.htmlThu, 14 Oct 2021 11:41:00 GMTCHINA HRC: Price decline stemmed by winter production cuts planSpot prices for hot-rolled coil in China narrowed on Thursday October 14, while futures prices edged higher on expectations that production curbs in north China could extend into early 2022. http://www.metalbulletin.com/Article/4011804/CHINA-HRC-Price-decline-stemmed-by-winter-production-cuts-plan.htmlThu, 14 Oct 2021 11:08:00 GMTASIA STEEL SCRAP DIGEST: Bangladesh deep-sea import offers soarOffer prices for deep-sea cargoes in Bangladesh jumped in the week ended October 14 amid bullish sentiment from United States sellers and good scrap demand in competing Asian import nations, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011790/ASIA-STEEL-SCRAP-DIGEST-Bangladesh-deep-sea-import-offers-soar.htmlThu, 14 Oct 2021 11:04:00 GMTEUROPE PLATE: Domestic prices inch down, but mood turns positiveDomestic prices for heavy plate in Europe declined further in the week to Wednesday October 14, but sentiment has turned bullish, supported by higher slab costs and improved demand, sources told Fastmarkets this week.http://www.metalbulletin.com/Article/4011802/EUROPE-PLATE-Domestic-prices-inch-down-but-mood-turns-positive.htmlThu, 14 Oct 2021 10:01:00 GMTSHFE zinc price surges to upper limit; copper up by 3.40%Bullish sentiment on Thursday October 14, driven by Nyrstar’s announcement of production cuts, has pushed the zinc price on the Shanghai Futures Exchange to its highest level since 2019.http://www.metalbulletin.com/Article/4011792/SHFE-zinc-price-surges-to-upper-limit-copper-up-by-340.htmlThu, 14 Oct 2021 09:35:00 GMTCHINA REBAR: Prices pick up on steady demandChina domestic rebar prices increased on Thursday October 14 on good and steady demand over the previous two days.http://www.metalbulletin.com/Article/4011794/CHINA-REBAR-Prices-pick-up-on-steady-demand.htmlThu, 14 Oct 2021 09:10:00 GMTLIVE FUTURES 14/10: LME zinc price at highest since 2007; copper cash/3-month spread in backwardationSupply concerns continue to support zinc's three-month price on the London Metal Exchange, which reached a peak of $3,837.50 per tonne on the morning on Thursday October 14, with most other base metal prices also starting the day higher. http://www.metalbulletin.com/Article/4011795/LIVE-FUTURES-1410-LME-zinc-price-at-highest-since-2007-copper-cash3-month-spread-in-backwardation.htmlThu, 14 Oct 2021 08:49:00 GMTCHINA COBALT SNAPSHOT: Chinese market boosted by rallying international benchmark metal priceKey data from the Wednesday October 13 pricing session in China.http://www.metalbulletin.com/Article/4011784/CHINA-COBALT-SNAPSHOT-Chinese-market-boosted-by-rallying-international-benchmark-metal-price.htmlThu, 14 Oct 2021 02:56:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 13Here are five Fastmarkets stories you might have missed on Wednesday October 13 that are worth another look.http://www.metalbulletin.com/Article/4011779/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-13.htmlWed, 13 Oct 2021 23:05:00 GMTENERGY TRANSITION: IEA warns that metals price volatility may slow net-zero progress or add to costsHigher or more volatile prices for critical minerals such as lithium, cobalt, nickel, copper and rare earth elements could slow global progress toward a clean-energy future or make it more costly, according to the International Energy Agency (IEA).http://www.metalbulletin.com/Article/4011773/ENERGY-TRANSITION-IEA-warns-that-metals-price-volatility-may-slow-net-zero-progress-or-add-to-costs.htmlWed, 13 Oct 2021 21:13:00 GMTBrazilian tube suppliers Vallourec, Grupo Açotubo create joint venture Pipe producer Vallourec and Brazilian tube, bar and stainless steel distributor Grupo Açotubo announced a joint venture to supply steel tubes and pipes to industrial clients.http://www.metalbulletin.com/Article/4011772/Brazilian-tube-suppliers-Vallourec-Grupo-Aotubo-create-joint-venture.htmlWed, 13 Oct 2021 20:10:00 GMTLIVE FUTURES 13/10: Prices mixed on the LME, zinc up 4.4%Base metals prices on the London Metal Exchange were mixed at the 5pm close on Wednesday October 13, with zinc performing particularly well during the day's trading.http://www.metalbulletin.com/Article/4011762/LIVE-FUTURES-1310-Prices-mixed-on-the-LME-zinc-up-44.htmlWed, 13 Oct 2021 17:30:00 GMTElectricity price rise adds strength to tight European ferro-chrome market [CORRECTED]Higher electricity prices have added to the production costs of chrome alloy, especially low-carbon ferro-chrome, during the week to Tuesday October 12, at a time when the market was already short of material with prices at multi-year highs.http://www.metalbulletin.com/Article/4011760/Electricity-price-rise-adds-strength-to-tight-European-ferro-chrome-market-[CORRECTED].htmlWed, 13 Oct 2021 17:14:00 GMTSilicon see-saws to previously unseen highs in the West while China's price fallsEurope now has the world’s most expensive silicon, with prices there and in the United States reaching new all-time highs just as prices have begun to trend down in China - where a silicon shortage started the global uptrend. http://www.metalbulletin.com/Article/4011636/Silicon-see-saws-to-previously-unseen-highs-in-the-West-while-Chinas-price-falls.htmlWed, 13 Oct 2021 17:01:00 GMTLME WEEK 2021: Decarbonization to bring high cost curve for metalsDecarbonization is expected to increase base-metal costs in the coming years, panelists said at the LME Week seminar in London.http://www.metalbulletin.com/Article/4011747/LME-WEEK-2021-Decarbonization-to-bring-high-cost-curve-for-metals.htmlWed, 13 Oct 2021 16:31:00 GMTLME WEEK 2021: European zinc producers' annual offers to double in 2022Major European zinc producers intend to significantly raise the annual contractual premiums in 2022, citing higher production costs and strong demand, Fastmarkets has learned during LME Week 2021. http://www.metalbulletin.com/Article/4011745/LME-WEEK-2021-European-zinc-producers-annual-offers-to-double-in-2022.htmlWed, 13 Oct 2021 16:13:00 GMTEUROPE HDG: Domestic prices down on weak demandDomestic prices for hot-dipped galvanized coil decreased across Europe in the week ended Wednesday October 13 due to weaker demand from distributors and the automotive sector, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011746/EUROPE-HDG-Domestic-prices-down-on-weak-demand.htmlWed, 13 Oct 2021 16:04:00 GMTALUMINIUM FOUNDRY WRAP: PFA premiums jump on silicon supply panicA lack of silicon in the market has vaulted aluminium primary foundry alloy (PFA) ingot to fresh-all time highs across Europe.http://www.metalbulletin.com/Article/4011635/ALUMINIUM-FOUNDRY-WRAP-PFA-premiums-jump-on-silicon-supply-panic.htmlWed, 13 Oct 2021 15:56:00 GMTPRICING NOTICE: Delayed publication of CIS export billet indexFastmarkets published its Commonwealth of Independent States export billet index later than scheduled on Wednesday October 13 due to a technical error, but it is now appearing as normal. http://www.metalbulletin.com/Article/4011743/PRICING-NOTICE-Delayed-publication-of-CIS-export-billet-index.htmlWed, 13 Oct 2021 15:38:00 GMTTITANIUM SNAPSHOT: Alloy price range widens upward but trading slowKey data from Fastmarkets’ pricing session in Europe on Wednesday October 13.http://www.metalbulletin.com/Article/4011646/TITANIUM-SNAPSHOT-Alloy-price-range-widens-upward-but-trading-slow.htmlWed, 13 Oct 2021 15:30:00 GMTEUROPE HRC: Domestic prices slide; buyers hold back from making new dealsDomestic prices for hot-rolled coil fell in Northern Europe and Italy on Wednesday October 13 with both buyers and sellers preferring to adopt a wait-and-see strategy, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011648/EUROPE-HRC-Domestic-prices-slide-buyers-hold-back-from-making-new-deals.htmlWed, 13 Oct 2021 15:22:00 GMTEUROPE SECTIONS: Prices under pressure from falling feedstock costs The price of steel hollow sections in Europe remained flat in the week to Wednesday October 12, despite pressure from falling feedstock costs, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011649/EUROPE-SECTIONS-Prices-under-pressure-from-falling-feedstock-costs.htmlWed, 13 Oct 2021 15:12:00 GMTDAILY STEEL SCRAP: Prices jump further with fresh deep-sea cargoes Turkish steel producers continued to pay higher prices for deep-sea scrap cargoes on Wednesday October 13, market participants told Fastmarkets.http://www.metalbulletin.com/Article/4011647/DAILY-STEEL-SCRAP-Prices-jump-further-with-fresh-deep-sea-cargoes.htmlWed, 13 Oct 2021 15:03:00 GMTEUROPE BEAMS: Mills look to maintain steel prices after recent softeningThe price of European steel H-beams remained steady on Wednesday October 13, with mills looking to support current prices while energy costs rise, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011637/EUROPE-BEAMS-Mills-look-to-maintain-steel-prices-after-recent-softening.htmlWed, 13 Oct 2021 14:31:00 GMTNORTHERN EUROPE REBAR: Prices stabilize after weeks of volatility; but more increases likelySteel rebar prices in Northern Europe have been broadly flat over the past week, but market sources were expecting mills to push for increases soon to reflect the surge in production costs, Fastmarkets heard on Wednesday October 13. http://www.metalbulletin.com/Article/4011621/NORTHERN-EUROPE-REBAR-Prices-stabilize-after-weeks-of-volatility-but-more-increases-likely.htmlWed, 13 Oct 2021 14:22:00 GMTEuropean long steel producers cut output to manage skyrocketing energy costsThe spikes in electricity and natural gas prices have forced some European long steel producers to make output adjustments to be able to manage surging costs, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011619/European-long-steel-producers-cut-output-to-manage-skyrocketing-energy-costs.htmlWed, 13 Oct 2021 13:52:00 GMTSOUTHERN EUROPE REBAR: Producers raise prices on high rolling costsSteel rebar producers in Southern Europe have pushed their prices upward, citing rising energy costs and higher scrap values, Fastmarkets heard on Wednesday October 13. http://www.metalbulletin.com/Article/4011620/SOUTHERN-EUROPE-REBAR-Producers-raise-prices-on-high-rolling-costs.htmlWed, 13 Oct 2021 13:52:00 GMTElectricity price rise adds strength to tight European ferro-chrome markethttp://www.metalbulletin.com/Article/4011622/Electricity-price-rise-adds-strength-to-tight-European-ferro-chrome-market.htmlWed, 13 Oct 2021 13:04:00 GMTMJP spot premium struggles to find direction after quarterly negotiationsSpot premiums for P1020 aluminium ingot into main Japanese Ports (MJP) have struggled to find clear direction since the settlement of fourth-quarter MJP premiums on Tuesday October 5, despite quarterly negotiations ending on a strong note. http://www.metalbulletin.com/Article/4011606/MJP-spot-premium-struggles-to-find-direction-after-quarterly-negotiations.htmlWed, 13 Oct 2021 12:28:00 GMTSpot, tender price gap develops in Chinese FeCr marketA price gap between spot and tender prices developed in China’s ferro-chrome market in early October after sellers in the spot market raised their prices because of supply tightness, while major stainless steel mills decided to keep their tender prices flat from the previous month. http://www.metalbulletin.com/Article/4011605/Spot-tender-price-gap-develops-in-Chinese-FeCr-market.htmlWed, 13 Oct 2021 12:00:00 GMTASIA STEEL SCRAP DIGEST: Japan auction results boost spot marketsThe rise in October's Kanto Tetsugen auction boosted sentiment in the Japanese scrap market and supported export offers from Japan, sources told Fastmarkets on Wednesday October 13. http://www.metalbulletin.com/Article/4011581/ASIA-STEEL-SCRAP-DIGEST-Japan-auction-results-boost-spot-markets.htmlWed, 13 Oct 2021 11:38:00 GMTRUSSIA REBAR: Prices keep rebounding on low stocks and good demandDomestic steel rebar prices in Russia’s Central Federal District around Moscow continued increasing rapidly in the week to Monday October 11 on the back of low stocks and good demand, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011602/RUSSIA-REBAR-Prices-keep-rebounding-on-low-stocks-and-good-demand.htmlWed, 13 Oct 2021 11:29:00 GMTIRON ORE DAILY: Seaborne prices fall after official confirmation of winter restrictions in ChinaSeaborne iron ore prices continued to fall on Wednesday October 13, after a formal announcement on upcoming winter restrictions by China's Ministry of Industry & Information Technology (MIIT). http://www.metalbulletin.com/Article/4011603/IRON-ORE-DAILY-Seaborne-prices-fall-after-official-confirmation-of-winter-restrictions-in-China.htmlWed, 13 Oct 2021 11:22:00 GMTRUSSIA FLAT STEEL: Mill plans to raise HR sheet, plate prices likely to face buyer resistanceSteel mills announced price increases for November-delivery hot-rolled sheet and heavy plate in Russia's Central District around Moscow on Monday October 11, but are likely to face stiff opposition from buyers, sources told Fastmarkets this week.http://www.metalbulletin.com/Article/4011599/RUSSIA-FLAT-STEEL-Mill-plans-to-raise-HR-sheet-plate-prices-likely-to-face-buyer-resistance.htmlWed, 13 Oct 2021 10:37:00 GMTPRICING NOTICE: Proposal to amend specifications of CIS export flat steel pricesFastmarkets proposes a realignment of the specifications for its export flat steel price assessments from the Commonwealth of Independent States following market changes.http://www.metalbulletin.com/Article/4011598/PRICING-NOTICE-Proposal-to-amend-specifications-of-CIS-export-flat-steel-prices.htmlWed, 13 Oct 2021 10:22:00 GMTCHINA HRC: Prices on rollercoaster ride amid supply uncertaintyDomestic hot-rolled coil prices in China moved within a wide range on Wednesday October 13, after futures took a rollercoaster ride amid an uncertain outlook for supply and demand. http://www.metalbulletin.com/Article/4011597/CHINA-HRC-Prices-on-rollercoaster-ride-amid-supply-uncertainty.htmlWed, 13 Oct 2021 10:18:00 GMTLME WEEK 2021: Risk aversion prevails in silicon, magnesium, manganese flake amid shortages and talk of reneges in ChinaMarket participants are gathering in London this week while some minor metals with energy-intensive manufacturing processes and a reliance on China for supply have surged to multi-year highs.http://www.metalbulletin.com/Article/4011371/LME-WEEK-2021-Risk-aversion-prevails-in-silicon-magnesium-manganese-flake-amid-shortages-and-talk-of.htmlWed, 13 Oct 2021 09:30:00 GMTNEWSBREAK: Nyrstar will cut production by up to 50% on surging energy pricesMajor zinc producer Nyrstar will cut production by up to 50% from Wednesday October 13 at its three European smelters in response to the surge in energy prices, it said.http://www.metalbulletin.com/Article/4011594/NEWSBREAK-Nyrstar-will-cut-production-by-up-to-50-on-surging-energy-prices.htmlWed, 13 Oct 2021 09:17:00 GMTIN FIGURES: China's steel imports surge in SeptemberChina’s imports of finished steel products increased by 18.2% month on month in September, preliminary Chinese customs data showed on Wednesday October 13.http://www.metalbulletin.com/Article/4011588/IN-FIGURES-Chinas-steel-imports-surge-in-September.htmlWed, 13 Oct 2021 08:16:00 GMTCHINA AUTO: Output, sales fall in Sep amid chip shortage, energy controlsChina’s output and sales of automobiles declined in September on an annual basis amid a shortage of semiconductor chips and the country’s “dual control” energy-consumption policy, the China Association of Automobile Manufacturers (CAAM) said in its monthly report published on Tuesday October 12.http://www.metalbulletin.com/Article/4011582/CHINA-AUTO-Output-sales-fall-in-Sep-amid-chip-shortage-energy-controls.htmlWed, 13 Oct 2021 07:25:00 GMTPilbara Minerals produces first spodumene concentrate at Ngungaju plantAustralia’s Pilbara Minerals has produced its first spodumene concentrate from the coarse production circuit at its Ngungaju plant in the country, the company said on Wednesday October 13. http://www.metalbulletin.com/Article/4011580/Pilbara-Minerals-produces-first-spodumene-concentrate-at-Ngungaju-plant.htmlWed, 13 Oct 2021 05:37:00 GMTPort Hedland iron ore shipments climb 3% in SepIron ore shipments from Australia’s Port of Port Hedland rose by 3.1% in September from a year earlier, according to data released by the Pilbara Ports Authority on Tuesday October 12.http://www.metalbulletin.com/Article/4011579/Port-Hedland-iron-ore-shipments-climb-3-in-Sep.htmlWed, 13 Oct 2021 04:52:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 12Here are five Fastmarkets stories you might have missed on Tuesday October 12 that are worth another look.http://www.metalbulletin.com/Article/4011576/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-12.htmlTue, 12 Oct 2021 23:05:00 GMTExtended China power cuts hit Q3 base metals, ferro-alloys supplies, pushing up pricesPower cuts remained a prominent factor in China through the third quarter of 2021 as the world’s second-largest economy grappled with soaring coal prices and its own strict limits on energy consumption - put in place to help the country achieve carbon neutrality by 2060. http://www.metalbulletin.com/Article/4011355/Extended-China-power-cuts-hit-Q3-base-metals-ferro-alloys-supplies-pushing-up-prices.htmlTue, 12 Oct 2021 20:28:00 GMTLIVE FUTURES 12/10: LME price movements mixed on inflation, energy concernsBase metals prices on the London Metal Exchange were mixed at the 5pm close on Tuesday October 12 amid concerns over inflation, and rising energy costs and power outages in China. http://www.metalbulletin.com/Article/4011558/LIVE-FUTURES-1210-LME-price-movements-mixed-on-inflation-energy-concerns.htmlTue, 12 Oct 2021 16:48:00 GMTChina local billet price drop puts brakes on fresh import dealsInterest in importing steel billet fell in China on Tuesday October 12 amid a fall in the country’s domestic billet market on the same day, sources have told Fastmarkets.http://www.metalbulletin.com/Article/4011546/China-local-billet-price-drop-puts-brakes-on-fresh-import-deals.htmlTue, 12 Oct 2021 16:18:00 GMTCIS STEEL BILLET: Prices rise on bullish supplier sentimentThe export market for steel billet from the Commonwealth of Independent States improved on Tuesday October 12 on bullish sentiment among suppliers. http://www.metalbulletin.com/Article/4011555/CIS-STEEL-BILLET-Prices-rise-on-bullish-supplier-sentiment.htmlTue, 12 Oct 2021 16:18:00 GMTEcobat's Stolberg lead smelter to remain shut until spring 2022, spurring revived spot market interest Ecobat's Stolberg lead smelter will remain shut until spring 2022; regional tightness is pushing more consumers to look for spot units.http://www.metalbulletin.com/Article/4011505/Ecobats-Stolberg-lead-smelter-to-remain-shut-until-spring-2022-spurring-revived-spot-market-interest.htmlTue, 12 Oct 2021 15:44:00 GMTCIS FLAT STEEL: Market hits floor, suppliers mull price increaseThe export market for flat steel product from the Commonwealth of Independent States touched the bottom during the week to Monday October 11, sources said, while suppliers’ mood has turned bullish.http://www.metalbulletin.com/Article/4011514/CIS-FLAT-STEEL-Market-hits-floor-suppliers-mull-price-increase.htmlTue, 12 Oct 2021 15:33:00 GMTEUROPE HRC: Activity remains low, sentiment largely negativeActivity in the European hot-rolled coil market remained subdued on Tuesday October 12, with sentiment still bearish, sources have told Fastmarkets. http://www.metalbulletin.com/Article/4011513/EUROPE-HRC-Activity-remains-low-sentiment-largely-negative.htmlTue, 12 Oct 2021 15:15:00 GMTDAILY STEEL SCRAP: Turkish mills continue to pay higher rates for deep-sea scrapDeep-sea scrap import prices in Turkey have continued to increase due to strong demand from Turkish steelmakers, market participants told Fastmarkets on Tuesday October 12.http://www.metalbulletin.com/Article/4011510/DAILY-STEEL-SCRAP-Turkish-mills-continue-to-pay-higher-rates-for-deep-sea-scrap.htmlTue, 12 Oct 2021 15:12:00 GMTGULF STEEL BILLET, REBAR: Imported rebar prices up, others likely to followThe prices of imported steel rebar to the United Arab Emirates increased slightly in the week to Tuesday October 12, while sources expect other prices to increase because of rising energy costs globally, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011507/GULF-STEEL-BILLET-REBAR-Imported-rebar-prices-up-others-likely-to-follow.htmlTue, 12 Oct 2021 14:27:00 GMTCHINA CRC, HDG: Export prices inch higher but trading liquidity still mutedExport prices for Chinese steel cold-rolled coil and hot-dipped galvanized coil have moved slightly higher from those seen in late September, while trading liquidity remained quiet. http://www.metalbulletin.com/Article/4011488/CHINA-CRC-HDG-Export-prices-inch-higher-but-trading-liquidity-still-muted.htmlTue, 12 Oct 2021 12:20:00 GMTASIA STEEL SCRAP DIGEST: Japan's Kanto Tetsugen auction closes $61 per tonne higher than SeptemberMarket participants were bullish on the Japanese scrap markets amid the surge in Japan's October Kanto Tetsugen auction price, sources told Fastmarkets on Tuesday October 12. http://www.metalbulletin.com/Article/4011466/ASIA-STEEL-SCRAP-DIGEST-Japans-Kanto-Tetsugen-auction-closes-61-per-tonne-higher-than-September.htmlTue, 12 Oct 2021 11:56:00 GMTIRON ORE DAILY: Lower trading at Chinese ports causes easing seaborne pricesSeaborne iron ore prices were down on Tuesday October 12 amid limited trading at Chinese ports, sources told Fastmarkets. http://www.metalbulletin.com/Article/4011482/IRON-ORE-DAILY-Lower-trading-at-Chinese-ports-causes-easing-seaborne-prices.htmlTue, 12 Oct 2021 11:21:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 11Here are five Fastmarkets stories you might have missed on Monday October 11 that are worth another look.http://www.metalbulletin.com/Article/4011445/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-11.htmlTue, 12 Oct 2021 11:05:00 GMTINTERVIEW: ‘I wake up every day to keep our company competitive’ - Vareha-WalshAs the director of sales, global supply chain, and trade compliance at Indium Corp, as well as chair of the Minor Metals Trade Association (MMTA), Donna Vareha-Walsh has a global view of markets for minor metals. She outlined big plans for the MMTA and described her path to success with Fastmarkets' Cristina Belda.http://www.metalbulletin.com/Article/4011092/INTERVIEW-I-wake-up-every-day-to-keep-our-company-competitive-Vareha-Walsh.htmlTue, 12 Oct 2021 11:00:00 GMTCHINA HRC: Prices tumble on possible supply increasesSpot prices for hot-rolled coil in China fell sharply on Tuesday October 12 after futures prices tumbled on potential increases in supply.http://www.metalbulletin.com/Article/4011478/CHINA-HRC-Prices-tumble-on-possible-supply-increases.htmlTue, 12 Oct 2021 10:05:00 GMTLIVE FUTURES 12/10: LME aluminium, zinc prices hold near recent highsBase metal prices on the London Metal Exchange remained robust during morning trading on Tuesday October 12, while power supply concerns in China and the rest of the world persist.http://www.metalbulletin.com/Article/4011472/LIVE-FUTURES-1210-LME-aluminium-zinc-prices-hold-near-recent-highs.htmlTue, 12 Oct 2021 09:34:00 GMTPRICING NOTICE: Delayed publication of Southeast Asia copper premiumThe publication of Fastmarkets’ Southeast Asia copper premium was delayed on October 5 because of a reporter error. http://www.metalbulletin.com/Article/4011469/PRICING-NOTICE-Delayed-publication-of-Southeast-Asia-copper-premium.htmlTue, 12 Oct 2021 09:30:00 GMTChina raises cap for floating power rates to stabilize supplyChina will allow its floating electricity prices to rise further from October 15 to stabilize supply amid a shortage in the country, according to a notice released by the country’s National Development & Reform Commission (NDRC), its top economic planner, on Tuesday October 12.http://www.metalbulletin.com/Article/4011468/China-raises-cap-for-floating-power-rates-to-stabilize-supply.htmlTue, 12 Oct 2021 06:45:00 GMTSentiment strong that US ferrous scrap market has bottomedThe United States’ October ferrous scrap trade’s stressful late start and private deals added confusion to a scenario that was already perplexing after one steel producer made an unexpected debut splash, leap-frogging into the market in late September at flat pricing for prime grades.http://www.metalbulletin.com/Article/4011461/Sentiment-strong-that-US-ferrous-scrap-market-has-bottomed.htmlMon, 11 Oct 2021 20:43:00 GMTLME WEEK 2021: Industrially mined cobalt can’t respond to demand growth, ERG CEO saysGlobal cobalt supply can’t keep pace with surging cobalt consumption because its production is tied to copper and nickel mining rather than underlying demand, the chief executive officer of diversified mining company Eurasian Resources Group (ERG) said. http://www.metalbulletin.com/Article/4011438/LME-WEEK-2021-Industrially-mined-cobalt-cant-respond-to-demand-growth-ERG-CEO-says.htmlMon, 11 Oct 2021 18:43:00 GMTEUROPE HRC WRAP: Domestic prices down on lack of tradingDomestic prices for hot-rolled coil moved down in the EU in the week to Friday October 8, reflecting the small number of new deals heard in the market and the achievable prices estimated by market sources. http://www.metalbulletin.com/Article/4011447/EUROPE-HRC-WRAP-Domestic-prices-down-on-lack-of-trading.htmlMon, 11 Oct 2021 17:50:00 GMTLIVE FUTURES 11/10: Aluminium, copper prices rallyBase metals prices on the London Metal Exchange were mostly trading higher at the close of business on Monday October 11, with LME Week beginning in London. http://www.metalbulletin.com/Article/4011446/LIVE-FUTURES-1110-Aluminium-copper-prices-rally.htmlMon, 11 Oct 2021 17:17:00 GMTLME WEEK 2021: INTERVIEW: Copper demand strong despite more caution, Codelco chair saysA more cautious approach towards copper - due to factors including fears over energy, logistics and inflation - has failed to deter demand for the metal, according to the chairman of Chilean state-owned miner Codelco.http://www.metalbulletin.com/Article/4011383/LME-WEEK-2021-INTERVIEW-Copper-demand-strong-despite-more-caution-Codelco-chair-says.htmlMon, 11 Oct 2021 16:09:00 GMTCIS STEEL SLAB: Producers mull higher prices after series of export salesSteel slab exporters from the Commonwealth of Independent States were looking to impose higher prices after a series of deals were agreed to major export outlets, Fastmarkets has heard. http://www.metalbulletin.com/Article/4011388/CIS-STEEL-SLAB-Producers-mull-higher-prices-after-series-of-export-sales.htmlMon, 11 Oct 2021 15:43:00 GMTMajor Ukraine ferro-alloys producers slash output in OctoberThe two biggest ferro-alloys producers in Ukraine - Nikopol and Zaporozhye - are almost halving production of manganese alloys in October due to surging electricity prices, a source told Fastmarkets on Monday October 11.http://www.metalbulletin.com/Article/4011379/Major-Ukraine-ferro-alloys-producers-slash-output-in-October.htmlMon, 11 Oct 2021 15:37:00 GMTEUROPE HRC: Prices stable in slow market, buyers to resume trading in late October-early NovemberDomestic European prices for hot-rolled coil were stable on Monday October 11, mainly due to slow trading, but buyers expect to resume purchasing in late October-early November, sources told Fastmarkets. http://www.metalbulletin.com/Article/4011412/EUROPE-HRC-Prices-stable-in-slow-market-buyers-to-resume-trading-in-late-October-early-November.htmlMon, 11 Oct 2021 15:17:00 GMTTsingshan ignores spot market price jump to keep October FeCr tender flatTsingshan Group has set its tender price for October-delivery high-carbon ferro-chrome at 9,995 yuan ($1,550) per tonne, the Chinese stainless steelmaker said on Monday October 11. http://www.metalbulletin.com/Article/4011377/Tsingshan-ignores-spot-market-price-jump-to-keep-October-FeCr-tender-flat.htmlMon, 11 Oct 2021 13:58:00 GMTLME WEEK 2021: Freeport’s carbon price regime balances reality with aspiration, CEO saysFreeport-McMoRan has established an internal carbon shadow price range in order to help guide its decision-making for current operations and future projects, the company’s chairman and chief executive officer said.http://www.metalbulletin.com/Article/4011012/LME-WEEK-2021-Freeports-carbon-price-regime-balances-reality-with-aspiration-CEO-says.htmlMon, 11 Oct 2021 12:59:00 GMTMANGANESE ORE ANALYTICS: October 11, 2021The latest data for the global manganese ore market for the week ended October 11, 2021.http://www.metalbulletin.com/Article/4011358/MANGANESE-ORE-ANALYTICS-October-11-2021.htmlMon, 11 Oct 2021 12:41:00 GMTLME WEEK 2021: Global economic recovery continues, but headwinds expected - Capital EconomicsChina helped to spearhead the global economic recovery from Covid-19 lockdowns in 2020, but that recovery is expected to slow in 2022, according to the chief economist at Capital Economics Neil Shearing. http://www.metalbulletin.com/Article/4011368/LME-WEEK-2021-Global-economic-recovery-continues-but-headwinds-expected-Capital-Economics.htmlMon, 11 Oct 2021 12:37:00 GMTCOKING COAL DAILY: Supply increase policies in China cool down market sentimentSeaborne premium hard coking coal price in the cfr China market slipped slightly on Monday October 11, while prices in the fob Australia market were largely stable due to limited buying interest, market sources told Fastmarkets. http://www.metalbulletin.com/Article/4011370/COKING-COAL-DAILY-Supply-increase-policies-in-China-cool-down-market-sentiment.htmlMon, 11 Oct 2021 12:30:00 GMTIRON ORE DAILY: Prices continue to rise on active port tradingIron ore prices increased on Monday October 11, with active trading continuing at ports in China following on from the end of the week-long National Day holiday on Friday, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011367/IRON-ORE-DAILY-Prices-continue-to-rise-on-active-port-trading.htmlMon, 11 Oct 2021 11:47:00 GMTLME WEEK 2021: ‘We will not be profitable unless we are sustainable’ - Norsk Hydro CEOLow-carbon metal production will be the key to profitability, Hilde Merete Aasheim, president and chief executive at Norwegian aluminium and renewable energy company Norsk Hydro said in a keynote presentation at the LME Week on Monday October 11. http://www.metalbulletin.com/Article/4011365/LME-WEEK-2021-We-will-not-be-profitable-unless-we-are-sustainable-Norsk-Hydro-CEO.htmlMon, 11 Oct 2021 10:57:00 GMTLIVE FUTURES 11/10: Aluminium price rises above $3,000/t as LME Week beginsBase metals prices on the London Metal Exchange rose across the board during early trading on Monday October 11 amid increased activity following the return of Chinese market participants from a week-long holiday.http://www.metalbulletin.com/Article/4011363/LIVE-FUTURES-1110-Aluminium-price-rises-above-3000t-as-LME-Week-begins.htmlMon, 11 Oct 2021 10:40:00 GMTFOCUS: China mulls over wire rod, rebar imports amid power woesChina has started sourcing for wire rod and rebar imports amid electricity crimps caused by a shortage of thermal coal and ensuing high power costs, market sources told Fastmarkets.http://www.metalbulletin.com/Article/4011091/FOCUS-China-mulls-over-wire-rod-rebar-imports-amid-power-woes.htmlMon, 11 Oct 2021 09:49:00 GMTLME WEEK 2021: Metals industry has ‘dug deep and met Covid-19 challenges’ - HKEX’s AguzinThe metals industry has faced a number of huge headwinds over the past few months, but has risen to the challenges, Hong Kong Exchanges & Clearing (HKEX) chief executive officer Nicolas Aguzin said on Monday October 11.http://www.metalbulletin.com/Article/4011356/LME-WEEK-2021-Metals-industry-has-dug-deep-and-met-Covid-19-challenges-HKEXs-Aguzin.htmlMon, 11 Oct 2021 09:26:00 GMTCHINA REBAR: Sentiment bearish despite higher mill offers pushing up pricesChinese domestic rebar prices continued to rise on Monday October 11 after steel mills increased their list prices, but market participants remain pessimistic about demand and prices for the rest of October.http://www.metalbulletin.com/Article/4011353/CHINA-REBAR-Sentiment-bearish-despite-higher-mill-offers-pushing-up-prices.htmlMon, 11 Oct 2021 08:58:00 GMTMORNING VIEW: Metals start week generally higher, oil strong tooBase metals prices on both the Shanghai Futures Exchange and London Metal Exchange were, for the most part, up across the board on the morning of Monday October 11, along with Asia-Pacific equities. http://www.metalbulletin.com/Article/4011350/MORNING-VIEW-Metals-start-week-generally-higher-oil-strong-too.htmlMon, 11 Oct 2021 08:42:00 GMTChina’s Zijin Mining to buy Canada's Neo Lithium for $769mln China’s Zijin Mining Group is to buy Canada’s Neo Lithium Corp for about C$960 million ($769 million), according to a company filing to the Shanghai Stock Exchange (SSE) on Monday October 11. http://www.metalbulletin.com/Article/4011349/Chinas-Zijin-Mining-to-buy-Canadas-Neo-Lithium-for-769mln.htmlMon, 11 Oct 2021 08:04:00 GMTINTERVIEW: LME spot trading platform to start with low-carbon aluminium, CEO saysThe London Metal Exchange’s new spot trading platform is expected to start with low-carbon aluminium before rolling out other metals – and could eventually become a springboard for some new futures contracts, its chief executive officer said. http://www.metalbulletin.com/Article/4011054/INTERVIEW-LME-spot-trading-platform-to-start-with-low-carbon-aluminium-CEO-says.htmlMon, 11 Oct 2021 06:20:00 GMTLME partners with Metalshub for new digital spot tradingThe London Metal Exchange is partnering with the digital metals trading platform Metalshub to establish a spot trading platform and marketplace, the exchange said.http://www.metalbulletin.com/Article/4011051/LME-partners-with-Metalshub-for-new-digital-spot-trading.htmlMon, 11 Oct 2021 06:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 8Here are five Fastmarkets stories you might have missed on Friday October 8 that are worth another look.http://www.metalbulletin.com/Article/4011334/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-8.htmlSun, 10 Oct 2021 23:05:00 GMTChina import billet prices largely flat but sellers bullishImport prices for cargoes of steel billet to China were unchanged on Friday October 8, but a growing sense of bullishness from the sell-side was reflected in offer prices, sources have told Fastmarkets.http://www.metalbulletin.com/Article/4011292/China-import-billet-prices-largely-flat-but-sellers-bullish.htmlFri, 08 Oct 2021 20:50:00 GMTBrazilian rebar price falls on further discounts; downtrend seen limitedBrazil's domestic price for steel reinforcing bar fell in October due to more balanced supply-demand fundamentals and a broader global downtrend. http://www.metalbulletin.com/Article/4011296/Brazilian-rebar-price-falls-on-further-discounts-downtrend-seen-limited.htmlFri, 08 Oct 2021 19:39:00 GMTBrazil's domestic flat steel prices down due to discountsBrazil's domestic hot-rolled coil prices have declined in October, with some producers heard giving discounts amid pressure from distributors and clients, although the movement was not yet widespread in the market. http://www.metalbulletin.com/Article/4011294/Brazils-domestic-flat-steel-prices-down-due-to-discounts.htmlFri, 08 Oct 2021 19:09:00 GMTLittle to no change to South American steel import prices amid Chinese holidaySouth American flat steel import prices were mostly stable or moved slightly in the week to Friday October 8 amid China’s National Day holiday and few offers from other origins.http://www.metalbulletin.com/Article/4011293/Little-to-no-change-to-South-American-steel-import-prices-amid-Chinese-holiday.htmlFri, 08 Oct 2021 19:00:00 GMTBrazilian slab export prices down on weak buying activityBrazilian slab export prices decreased in the week ended Friday October 8 amid continuing weak buying activity and strong competition from other regions. http://www.metalbulletin.com/Article/4011295/Brazilian-slab-export-prices-down-on-weak-buying-activity.htmlFri, 08 Oct 2021 18:42:00 GMTAEROSPACE RAW MATERIALS 08/10: Magnesium prices plunge on factory restarts in ChinaAn overview of the aerospace materials markets and the latest price moves in the week to Friday October 8.http://www.metalbulletin.com/Article/4011276/AEROSPACE-RAW-MATERIALS-0810-Magnesium-prices-plunge-on-factory-restarts-in-China.htmlFri, 08 Oct 2021 18:16:00 GMTUS PIG IRON: Trading activity low on uncertaintyTrading activity in the United States' pig iron import market was low in the week to Friday October 8 due to uncertainty about the direction of prices. http://www.metalbulletin.com/Article/4011286/US-PIG-IRON-Trading-activity-low-on-uncertainty.htmlFri, 08 Oct 2021 17:46:00 GMTLIVE FUTURES 08/10: Base metals prices end week upbeatMost base metals prices on the London Metal Exchange closed higher day on day in Friday’s session.http://www.metalbulletin.com/Article/4011277/LIVE-FUTURES-0810-Base-metals-prices-end-week-upbeat.htmlFri, 08 Oct 2021 17:29:00 GMTSTEEL SCRAP WRAP: Global prices surge on improving billet, rebar demandGlobal ferrous scrap prices increased in the week ended October 8 in response to improving downstream demand for billet and rebar.http://www.metalbulletin.com/Article/4011075/STEEL-SCRAP-WRAP-Global-prices-surge-on-improving-billet-rebar-demand.htmlFri, 08 Oct 2021 16:59:00 GMTPRICING NOTICE: Correction to 44% Manganese ore index Fastmarkets has corrected its manganese ore 44% Mn, cif Tianjin, $/dmtu index, which was published incorrectly on October 1 due to an error.http://www.metalbulletin.com/Article/4011269/PRICING-NOTICE-Correction-to-44-Manganese-ore-index.htmlFri, 08 Oct 2021 16:45:00 GMTSPECIALTY STEEL RAW MATERIALS 08/10: Shipping delays feed manganese flake rallyAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/4011260/SPECIALTY-STEEL-RAW-MATERIALS-0810-Shipping-delays-feed-manganese-flake-rally.htmlFri, 08 Oct 2021 16:30:00 GMTENERGY TRANSITION RAW MATERIALS 08/10: Chinese cobalt prices move up despite thin buyingAn overview of the new energy materials markets and their price moves in the week to Friday October 8.http://www.metalbulletin.com/Article/4011196/ENERGY-TRANSITION-RAW-MATERIALS-0810-Chinese-cobalt-prices-move-up-despite-thin-buying.htmlFri, 08 Oct 2021 16:22:00 GMTCOPPER CONCS SNAPSHOT: Smelters' buying levels remain stable; market eyes annual talks next week Fastmarkets’ spot copper concentrates treatment/refining charge remained largely stable in the week to October 8.http://www.metalbulletin.com/Article/4011195/COPPER-CONCS-SNAPSHOT-Smelters-buying-levels-remain-stable-market-eyes-annual-talks-next-week.htmlFri, 08 Oct 2021 15:54:00 GMTLithium Americas doubles estimate of reserves at Thacker PassCanadian junior miner Lithium Americas has increased its resource estimate and capacity of its lithium mine project at Thacker Pass, in the US state of Nevada.http://www.metalbulletin.com/Article/4011265/Lithium-Americas-doubles-estimate-of-reserves-at-Thacker-Pass.htmlFri, 08 Oct 2021 15:50:00 GMTSOUTH ASIA STEEL SCRAP: Prices surge as trading picks upPrices for shredded steel scrap imported into Pakistan and India took a sharp upturn in the week to Friday October 8, on a pick-up in demand, sources told Fastmarkets. http://www.metalbulletin.com/Article/4011200/SOUTH-ASIA-STEEL-SCRAP-Prices-surge-as-trading-picks-up.htmlFri, 08 Oct 2021 15:39:00 GMTLME WEEK 2021: Ferro-chrome sector signs up to decarbonization agendaThe ferro-chrome market is facing growing pressure to decarbonize from downstream, with the need to cut carbon emissions becoming increasingly accepted among producers, traders and consumers.http://www.metalbulletin.com/Article/4011118/LME-WEEK-2021-Ferro-chrome-sector-signs-up-to-decarbonization-agenda.htmlFri, 08 Oct 2021 15:34:00 GMTTURKEY FLAT STEEL: HRC prices fall, price direction uncertainHot-rolled coil prices decreased in Turkey during the week ended Friday October 8, while buyers were uncertain about the direction of prices, sources told Fastmarkets. http://www.metalbulletin.com/Article/4011199/TURKEY-FLAT-STEEL-HRC-prices-fall-price-direction-uncertain.htmlFri, 08 Oct 2021 15:31:00 GMTItalian ports filled with Indian flat steel, blocking other importsItalian importers of flat steel have had trouble bringing in new material because ports are so filled with Indian coil that no space is left for other products, sources have said.http://www.metalbulletin.com/Article/4011079/Italian-ports-filled-with-Indian-flat-steel-blocking-other-imports.htmlFri, 08 Oct 2021 15:29:00 GMTDAILY STEEL SCRAP: Mills end the week with five deals on better steel demandTurkish steel mills ended the working week with five deep-sea cargoes due to improving steel demand, market participants said on Friday October 8.http://www.metalbulletin.com/Article/4011197/DAILY-STEEL-SCRAP-Mills-end-the-week-with-five-deals-on-better-steel-demand.htmlFri, 08 Oct 2021 15:07:00 GMTRenault Group signs agreement with Terrafame for sustainable nickel sulfate supplyRenault Group, a leading automotive maker in both the electric vehicle (EV) and non-EV sectors has signed a Memorandum of Understanding (MoU) with Finland’s Terrafame for the future supply of nickel sulfate, according to a statement on October 8. http://www.metalbulletin.com/Article/4011115/Renault-Group-signs-agreement-with-Terrafame-for-sustainable-nickel-sulfate-supply.htmlFri, 08 Oct 2021 13:25:00 GMTASIA STEEL SCRAP DIGEST: South Korea buys Japanese scrap at higher pricesPrices for imports of steel scrap to South Korea have risen sharply over the past week amid a rise in export prices from Japan and the United States, market participants told Fastmarkets on Friday October 8.http://www.metalbulletin.com/Article/4011096/ASIA-STEEL-SCRAP-DIGEST-South-Korea-buys-Japanese-scrap-at-higher-prices.htmlFri, 08 Oct 2021 12:40:00 GMTLME WEEK 2021: Royalty, tax changes in South America could roil metals industrySome of the most important countries in global mining production are moving forward with talks to secure a larger share of the commodity price escalation seen during the Covid-19 pandemic, mostly to fund their own social programs - but companies and industry groups fear this could compromise future investments.http://www.metalbulletin.com/Article/4010344/LME-WEEK-2021-Royalty-tax-changes-in-South-America-could-roil-metals-industry.htmlFri, 08 Oct 2021 12:35:00 GMTIRON ORE DAILY: Prices up with recovering demand after Chinese holidayIron ore prices went up on Friday October 8 with improved trading liquidity after the Chinese holiday, sources said.http://www.metalbulletin.com/Article/4011103/IRON-ORE-DAILY-Prices-up-with-recovering-demand-after-Chinese-holiday.htmlFri, 08 Oct 2021 11:36:00 GMTCOKING COAL DAILY: Seaborne prices largely up; heavy rains hit Shanxi provinceSeaborne coking coal prices mostly increased after the National Day holiday in China, while China’s coking coal-producing hub Shanxi province was hit by heavy rains, causing production halts at mines.http://www.metalbulletin.com/Article/4011105/COKING-COAL-DAILY-Seaborne-prices-largely-up-heavy-rains-hit-Shanxi-province.htmlFri, 08 Oct 2021 11:26:00 GMTCHINA HRC: Prices jump over National Day holidaySpot prices for hot-rolled coil in China rose sharply on Friday October 8 compared with the last trading day before the week-long public holiday, propelled by continued production curbs and a jump in iron ore prices.http://www.metalbulletin.com/Article/4011097/CHINA-HRC-Prices-jump-over-National-Day-holiday.htmlFri, 08 Oct 2021 11:25:00 GMTChina’s battery materials supply chain partially recovers from power-cut policiesSome companies in China’s battery materials supply chain have partially recovered operations after the power-cut policies before the National Day Holiday in China (October 1-7), while others await further instruction from local authorities on when production can be fully recovered, sources told Fastmarkets.http://www.metalbulletin.com/Article/4011095/Chinas-battery-materials-supply-chain-partially-recovers-from-power-cut-policies.htmlFri, 08 Oct 2021 10:35:00 GMTTurkey, Russia once again exhaust certain steel import quotasTurkey and Russia have exhausted their permitted import quota allowances for certain long steel products within just days of renewal, Fastmarkets has observed from European Commission data.http://www.metalbulletin.com/Article/4011088/Turkey-Russia-once-again-exhaust-certain-steel-import-quotas.htmlFri, 08 Oct 2021 10:28:00 GMTLME WEEK 2021: Silicon shortage forces change in 2022 supply contract structureAluminium producers are now considering different contract structures for value-added products with alloying elements such as silicon to mitigate upside production cost risks.http://www.metalbulletin.com/Article/4010933/LME-WEEK-2021-Silicon-shortage-forces-change-in-2022-supply-contract-structure.htmlFri, 08 Oct 2021 10:25:00 GMTLIVE FUTURES 08/10: Nickel climbs 3%; aluminium stocks continue to fall Base metals prices on the London Metal Exchange were mostly higher during morning trading on Friday October 8, with market participants in China returning after the Golden Week holiday. http://www.metalbulletin.com/Article/4011094/LIVE-FUTURES-0810-Nickel-climbs-3-aluminium-stocks-continue-to-fall.htmlFri, 08 Oct 2021 09:54:00 GMTCHINA REBAR: Prices increase amid stronger demandChina’s domestic rebar prices moved up on Friday October 8 on increased demand after the week-long holiday.http://www.metalbulletin.com/Article/4011090/CHINA-REBAR-Prices-increase-amid-stronger-demand.htmlFri, 08 Oct 2021 09:03:00 GMTLME WEEK 2021: Strong growth for cobalt, but some headwinds tooFastmarkets analyst William Adams and reporter Alexander Cook size up the cobalt market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010093/LME-WEEK-2021-Strong-growth-for-cobalt-but-some-headwinds-too.htmlFri, 08 Oct 2021 08:00:00 GMTMORNING VIEW: Metals buoyant as China returns from holiday in upbeat moodBase metals prices on the Shanghai Futures Exchange were up across the board on the morning of Friday October 8, while those on the London Metal Exchange were for the most part stronger, as were Asia-Pacific equities.http://www.metalbulletin.com/Article/4011082/MORNING-VIEW-Metals-buoyant-as-China-returns-from-holiday-in-upbeat-mood.htmlFri, 08 Oct 2021 07:09:00 GMTTraders continue to bear brunt of Chinese manganese ore glutThe manganese ore market is balanced “on a knife edge” awaiting the end of China’s week-long holiday marking its National Day, with traders waiting to see if strong silico-manganese production will yield higher prices for ore.http://www.metalbulletin.com/Article/4011069/Traders-continue-to-bear-brunt-of-Chinese-manganese-ore-glut.htmlFri, 08 Oct 2021 03:06:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 7Here are five Fastmarkets stories you might have missed on Thursday October 7 that are worth another look.http://www.metalbulletin.com/Article/4011074/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-7.htmlThu, 07 Oct 2021 23:05:00 GMTBrazilian automotive association reduces forecast for output, sales in 2021The Brazilian automotive association, Anfavea, has cut its forecast for production and sales in 2021, due to a shortage of semiconductors and logistics issues.http://www.metalbulletin.com/Article/4011070/Brazilian-automotive-association-reduces-forecast-for-output-sales-in-2021.htmlThu, 07 Oct 2021 21:35:00 GMTFeralpi Group to invest $115mln in renewable powerSteel producer Feralpi Group is to invest €100 million ($115 million) in renewable power at its Italian sites, it announced on Thursday October 7.http://www.metalbulletin.com/Article/4011043/Feralpi-Group-to-invest-115mln-in-renewable-power.htmlThu, 07 Oct 2021 17:19:00 GMTBrazilian steel importers face delays and risk amid port congestionShipping companies importing steel to Brazil are facing long lines at São Francisco do Sul port in the southern state of Santa Catarina due to congestion, mainly at warehouses.http://www.metalbulletin.com/Article/4010979/Brazilian-steel-importers-face-delays-and-risk-amid-port-congestion.htmlThu, 07 Oct 2021 17:03:00 GMTBrazilian alumina exports fall by 3.32% in September on lower Alumar shipmentsAlumina exports from Brazil totaled 586,458 tonnes in September, a 3.32% year-on-year fall from 606,626 tonnes, according to data published by the economy ministry on Wednesday October 5.http://www.metalbulletin.com/Article/4011042/Brazilian-alumina-exports-fall-by-332-in-September-on-lower-Alumar-shipments.htmlThu, 07 Oct 2021 17:00:00 GMTBETTING ON BLOCKCHAIN: Trafigura in blockchain JV for nickel, cobalt supply chainsTrafigura Pte is developing a program that will provide its customers with data on the carbon dioxide (CO2) emissions in its nickel and cobalt supply chains, the physical trading company said.http://www.metalbulletin.com/Article/4011011/BETTING-ON-BLOCKCHAIN-Trafigura-in-blockchain-JV-for-nickel-cobalt-supply-chains.htmlThu, 07 Oct 2021 16:34:00 GMTDAILY STEEL SCRAP: Turkish mills book more cargoes on improving steel demandTurkish steel producers have continued booking deep-sea scrap cargoes for November shipment on Thursday October 7, aided by improving demand for billet and finished long steel products, market participants told Fastmarkets.http://www.metalbulletin.com/Article/4010978/DAILY-STEEL-SCRAP-Turkish-mills-book-more-cargoes-on-improving-steel-demand.htmlThu, 07 Oct 2021 15:43:00 GMTSOUTHERN EUROPE WIRE ROD: Slow buying sends prices lower, but mills mull increases amid cost inflationSouthern Europe's domestic prices for steel wire rod slid further, pressured by weak demand, although the downward trend is expected to stop due to increased production costs, Fastmarkets heard on Wednesday October 6. http://www.metalbulletin.com/Article/4010982/SOUTHERN-EUROPE-WIRE-ROD-Slow-buying-sends-prices-lower-but-mills-mull-increases-amid-cost-inflation.htmlThu, 07 Oct 2021 15:27:00 GMTEUROPE HRC: Market activity to recover by month end as buyers need to restock for Q1Trading activity in the European hot-rolled coil market remained limited on Thursday October 7, but buyers are expected to resume purchasing activity later this month, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010973/EUROPE-HRC-Market-activity-to-recover-by-month-end-as-buyers-need-to-restock-for-Q1.htmlThu, 07 Oct 2021 15:11:00 GMTTURKEY STEEL BILLET: Prices up with rising input costsSteel billet prices in Turkey increased in tthe week to Thursday October 7, in response to rising scrap and energy costs, market sources told Fastmarkets. http://www.metalbulletin.com/Article/4010972/TURKEY-STEEL-BILLET-Prices-up-with-rising-input-costs.htmlThu, 07 Oct 2021 14:51:00 GMTEGYPT STEEL BILLET, REBAR: Prices stable, demand from private sector still weakLocal reinforcing bar and imported billet prices in Egypt were stable in the week to Thursday October 7, while demand from the private sector was still weak, sources told Fastmarkets. http://www.metalbulletin.com/Article/4010966/EGYPT-STEEL-BILLET-REBAR-Prices-stable-demand-from-private-sector-still-weak.htmlThu, 07 Oct 2021 14:27:00 GMTTURKEY LONG STEEL: Higher input costs push prices up in local marketTurkey's domestic long steel prices have increased over the past week, in line with rising scrap and energy costs, market participants told Fastmarkets on Thursday October 7. http://www.metalbulletin.com/Article/4010965/TURKEY-LONG-STEEL-Higher-input-costs-push-prices-up-in-local-market.htmlThu, 07 Oct 2021 14:14:00 GMTBritish Steel announces Low-Carbon Roadmap for net-zero emissions targetBritish Steel has announced a low-carbon steel making roadmap which outlines how it will achieve its net-zero emissions target, the company announced on Thursday September 7. http://www.metalbulletin.com/Article/4010937/British-Steel-announces-Low-Carbon-Roadmap-for-net-zero-emissions-target.htmlThu, 07 Oct 2021 14:09:00 GMTArcelorMittal imposes energy surcharges on European long steel productsArcelorMittal is imposing an energy surcharge on its long steel products in Europe to compensate soaring gas and electricity costs, Fastmarkets has learnt.http://www.metalbulletin.com/Article/4010929/ArcelorMittal-imposes-energy-surcharges-on-European-long-steel-products.htmlThu, 07 Oct 2021 13:03:00 GMTASIA STEEL SCRAP DIGEST: Bangladesh import prices jump amid rising freight costsRising freight costs and increased buying interest from neighboring Asian markets led to an increase in Bangladesh import steel scrap prices in recent days, sources said on Thursday October 7.http://www.metalbulletin.com/Article/4010920/ASIA-STEEL-SCRAP-DIGEST-Bangladesh-import-prices-jump-amid-rising-freight-costs.htmlThu, 07 Oct 2021 12:46:00 GMTLME WEEK 2021: Tale of two lead markets likely to be less so in '22Fastmarkets analyst James Moore and reporter Yasemin Esmen size up the lead market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010075/LME-WEEK-2021-Tale-of-two-lead-markets-likely-to-be-less-so-in-22.htmlThu, 07 Oct 2021 12:25:00 GMTCOKING COAL DAILY: Rangebound movement for fob prices amid limited trading activity Seaborne coking coal prices in the fob market on Thursday October 7 were largely flat amid limited trading activity in the market, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010916/COKING-COAL-DAILY-Rangebound-movement-for-fob-prices-amid-limited-trading-activity.htmlThu, 07 Oct 2021 12:05:00 GMTIRON ORE DAILY: Prices stable amid improving supplies from BrazilIron ore trading liquidity was still limited on Thursday October 7, mainly due to China's Golden Week holiday, but improving supplies from Brazil were helping to stabilize prices, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010918/IRON-ORE-DAILY-Prices-stable-amid-improving-supplies-from-Brazil.htmlThu, 07 Oct 2021 11:21:00 GMTQ4 MJP aluminium premium soars despite languishing automotive sectorThe premium for fourth-quarter supply of aluminium ingot to main Japanese ports (MJP) rose to its highest level in six years, continuing its upward climb despite a marked slowdown in domestic consumption in Japan. http://www.metalbulletin.com/Article/4010908/Q4-MJP-aluminium-premium-soars-despite-languishing-automotive-sector.htmlThu, 07 Oct 2021 11:03:00 GMTLME WEEK 2021: A fast and furious year for lithiumFastmarkets analyst William Adams and reporter Sofia Okun size up the lithium market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010091/LME-WEEK-2021-A-fast-and-furious-year-for-lithium.htmlThu, 07 Oct 2021 10:03:00 GMTLIVE FUTURES 07/10: Base metals largely up on low volumes; copper gains 0.9%Most base metals on the London Metal Exchange opened higher on Thursday October 7 amid thin trading on the last day of a week-long holiday in China. http://www.metalbulletin.com/Article/4010909/LIVE-FUTURES-0710-Base-metals-largely-up-on-low-volumes-copper-gains-09.htmlThu, 07 Oct 2021 09:40:00 GMTLME WEEK 2021: $20,000/t a step too far for nickel this year; better chance of breakout in '22Fastmarkets analysts Andrew Cole and Andy Farida and reporter Thorsten Schier size up the nickel market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010088/LME-WEEK-2021-20000t-a-step-too-far-for-nickel-this-year-better-chance-of-breakout-in-22.htmlThu, 07 Oct 2021 09:00:00 GMTLME WEEK 2021: Zinc fundamentals tighter than anticipatedFastmarkets analyst James Moore and reporter Ana de Liz size up the zinc market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010076/LME-WEEK-2021-Zinc-fundamentals-tighter-than-anticipated.htmlThu, 07 Oct 2021 08:00:00 GMTMORNING VIEW: Base metals prices firmer; dip-buying evident against slightly brighter backgroundBase metals prices on the London Metal Exchange were up across the board on the morning of Thursday October 7, which was in line with the stronger tone in Asia-Pacific equities and the pullback in oil prices.http://www.metalbulletin.com/Article/4010906/MORNING-VIEW-Base-metals-prices-firmer-dip-buying-evident-against-slightly-brighter-background.htmlThu, 07 Oct 2021 07:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 6Here are five Fastmarkets stories you might have missed on Wednesday October 6 that are worth another look.http://www.metalbulletin.com/Article/4010905/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-6.htmlWed, 06 Oct 2021 23:05:00 GMTBrazil's mining output grows 9.6% in January-August, Ibram saysBrazilian mineral production rose by 9.61% year on year in January-August 2021 amid the inauguration or reopening of some iron ore operations in the country, national mining institute Ibram said on Wednesday October 6.http://www.metalbulletin.com/Article/4010900/Brazils-mining-output-grows-96-in-January-August-Ibram-says.htmlWed, 06 Oct 2021 21:20:00 GMTBASE METAL WARRANTS 06/10A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 6. http://www.metalbulletin.com/Article/4010884/BASE-METAL-WARRANTS-0610.htmlWed, 06 Oct 2021 19:45:00 GMTRESEARCH: Synthetic and natural graphite both critical to meet EV sector growthNumerous challenges are ahead for the graphite industry while it develops to meet the needs of the rapidly growing electric vehicle (EV) sector. http://www.metalbulletin.com/Article/4010874/RESEARCH-Synthetic-and-natural-graphite-both-critical-to-meet-EV-sector-growth.htmlWed, 06 Oct 2021 17:57:00 GMTEUROPE HRC: Trading limited on wait-and-see attitude of buyers, millsA correction has been issued for this article.http://www.metalbulletin.com/Article/4010880/EUROPE-HRC-Trading-limited-on-wait-and-see-attitude-of-buyers-mills.htmlWed, 06 Oct 2021 17:49:00 GMTGLOBAL ZINC & LEAD WRAP: US, Europe premiums well supported ahead of long-term contract season [CORRECTED]Premiums in Europe rose and premiums in the United States remained steady while global market participants prepare to negotiate long-term supply contracts.http://www.metalbulletin.com/Article/4010735/GLOBAL-ZINC-and-LEAD-WRAP-US-Europe-premiums-well-supported-ahead-of-long-term-contract-season.htmlWed, 06 Oct 2021 17:38:00 GMTTITANIUM SNAPSHOT: Markets extend steady trend; suppliers await tendersKey data from Fastmarkets’ pricing session in Europe on Wednesday October 6.http://www.metalbulletin.com/Article/4010867/TITANIUM-SNAPSHOT-Markets-extend-steady-trend-suppliers-await-tenders.htmlWed, 06 Oct 2021 17:23:00 GMTSPECIALTY STEEL RAW MATERIALS 06/10: Manganese flake continues to rise on supply tightnessAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/4010803/SPECIALTY-STEEL-RAW-MATERIALS-0610-Manganese-flake-continues-to-rise-on-supply-tightness.htmlWed, 06 Oct 2021 17:22:00 GMTTurkey’s Habas to start hybrid car production at former Honda plantTurkey’s steel and industrial gas producer Habas is planning to start hybrid vehicle production at a former Honda plant, according to a report seen by Fastmarkets.http://www.metalbulletin.com/Article/4010879/Turkeys-Habas-to-start-hybrid-car-production-at-former-Honda-plant.htmlWed, 06 Oct 2021 17:20:00 GMTCONSUMER ELECTRONICS MARKET REPORT 06/10: Prices mostly stable on China's National Day holidayAn overview of the consumer electronics markets and their latest price moves.http://www.metalbulletin.com/Article/4010866/CONSUMER-ELECTRONICS-MARKET-REPORT-0610-Prices-mostly-stable-on-Chinas-National-Day-holiday.htmlWed, 06 Oct 2021 17:14:00 GMTLME WEEK 2021: Metal firms increasingly rely on informal deals to navigate freight crisisMetal market participants have been forced to take creative approaches to ensure they can continue trading amid an intensely challenging freight environment, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010690/LME-WEEK-2021-Metal-firms-increasingly-rely-on-informal-deals-to-navigate-freight-crisis.htmlWed, 06 Oct 2021 16:45:00 GMTLIVE FUTURES 06/10: Macro bearishness drives base metals retreatLondon Metal Exchange base metals closed mostly down on Wednesday October 6, with most of the market closely watching macroeconomic developments in China and the United States.http://www.metalbulletin.com/Article/4010872/LIVE-FUTURES-0610-Macro-bearishness-drives-base-metals-retreat.htmlWed, 06 Oct 2021 16:42:00 GMTPhilippine buyers return for Russian steel billet during Chinese holidayPhilippine steelmakers have come back to the import market for steel billet while key buyers in China are celebrating National Day holidays, sources said on Wednesday October 6.http://www.metalbulletin.com/Article/4010875/Philippine-buyers-return-for-Russian-steel-billet-during-Chinese-holiday.htmlWed, 06 Oct 2021 16:41:00 GMTRUSSIA REBAR: Mills bullish on low distributor stocksSteel rebar prices increased in the domestic market in Russia’s Central Federal District around Moscow in the week ending Monday October 4, with local producers taking advantage of the low stocks of both traders and end-users to raise offers, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010683/RUSSIA-REBAR-Mills-bullish-on-low-distributor-stocks.htmlWed, 06 Oct 2021 16:37:00 GMTFOCUS: Steel mills seek higher prices on energy cost rise; some to review pricing mechanismsSignificantly rising energy prices have forced European steelmakers to look for ways to compensate for surging production costs, but mills lack a unified approach to the problem; some are introducing energy surcharges while others prefer to focus on raising the price of steel, sources told Fastmarkets on the sidelines of the Made in Steel 2021 trade fair in Milan, Italy.http://www.metalbulletin.com/Article/4010716/FOCUS-Steel-mills-seek-higher-prices-on-energy-cost-rise-some-to-review-pricing-mechanisms.htmlWed, 06 Oct 2021 16:23:00 GMTCIS STEEL BILLET: Market sentiment improves as scrap prices riseSentiment in the Commonwealth of Independent States' export billet market improved somewhat by Wednesday October 6 due to the ongoing increase in global scrap prices.http://www.metalbulletin.com/Article/4010835/CIS-STEEL-BILLET-Market-sentiment-improves-as-scrap-prices-rise.htmlWed, 06 Oct 2021 16:06:00 GMTRecord-high tin prices yet to translate into more production; reliance on artisanal mining to continueThe tin market has yet to solve the supply-demand imbalance evident throughout this year, but artisanal mining has become an even more crucial part of the market, panelists at the AMT Virtual Tin Market Forum noted on October 6.http://www.metalbulletin.com/Article/4010800/Record-high-tin-prices-yet-to-translate-into-more-production-reliance-on-artisanal-mining-to-continue.htmlWed, 06 Oct 2021 16:05:00 GMTEUROPE PLATE: Domestic prices continue to move down in ItalyDomestic prices for heavy plate in Southern Europe declined further in the week to Wednesday October 6 due slower trading activity, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010798/EUROPE-PLATE-Domestic-prices-continue-to-move-down-in-Italy.htmlWed, 06 Oct 2021 15:43:00 GMTDAILY STEEL SCRAP: Turkish steelmakers book more scrap for NovemberTurkish steel producers resumed their deep-sea scrap purchases for November shipments after a short break, market participants told Fastmarkets on Wednesday October 6.http://www.metalbulletin.com/Article/4010768/DAILY-STEEL-SCRAP-Turkish-steelmakers-book-more-scrap-for-November.htmlWed, 06 Oct 2021 15:37:00 GMTNORTHERN EUROPE WIRE ROD: Prices slide again, but downfall likely to endSteel wire rod prices in the north of Europe declined in the week to Wednesday October 6 in a slow day for demand although sources told Fastmarkets that they expect the downtrend to reverse soon because of rising production costs.http://www.metalbulletin.com/Article/4010797/NORTHERN-EUROPE-WIRE-ROD-Prices-slide-again-but-downfall-likely-to-end.htmlWed, 06 Oct 2021 15:37:00 GMTRUSSIA FLAT STEEL: HRS market mood improves on rebound trading activitySentiment in the hot-rolled sheet (HRS) market in Russia's Central District around Moscow improved during the week to Monday October 4 amid increased trading activity on the back of low buyers’ stocks.http://www.metalbulletin.com/Article/4010769/RUSSIA-FLAT-STEEL-HRS-market-mood-improves-on-rebound-trading-activity.htmlWed, 06 Oct 2021 15:23:00 GMTLME WEEK 2021: No respite in sight for acutely tight tin marketFastmarkets analyst Boris Mikanikrezai and reporter Orla O'Sullivan size up the tin market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010086/LME-WEEK-2021-No-respite-in-sight-for-acutely-tight-tin-market.htmlWed, 06 Oct 2021 15:05:00 GMTEUROPE BEAMS: Prices continue to soften despite rising energy costsThe price of European steel H-beams softened on Wednesday October 6 despite rising energy costs, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010760/EUROPE-BEAMS-Prices-continue-to-soften-despite-rising-energy-costs.htmlWed, 06 Oct 2021 14:29:00 GMTSOUTHERN EUROPE REBAR: Prices inch down again but trend likely to reverseSteel rebar prices in Southern Europe inched down in the week to Wednesday amid quiet trading, sources told Fastmarkets on October 6.http://www.metalbulletin.com/Article/4010749/SOUTHERN-EUROPE-REBAR-Prices-inch-down-again-but-trend-likely-to-reverse.htmlWed, 06 Oct 2021 14:04:00 GMTLME WEEK 2021: Another year of supply deficit to support copper prices in '22Fastmarkets analyst Boris Mikanikrezai and reporter Yasemin Esmen size up the copper market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010071/LME-WEEK-2021-Another-year-of-supply-deficit-to-support-copper-prices-in-22.htmlWed, 06 Oct 2021 13:30:00 GMTLME WEEK 2021: Constraints on Chinese smelters to remain bullish for aluminium pricesFastmarkets analyst Yang Cao and reporter Justin Yang size up the aluminium market ahead of LME Week, which begins Monday October 11.http://www.metalbulletin.com/Article/4010074/LME-WEEK-2021-Constraints-on-Chinese-smelters-to-remain-bullish-for-aluminium-prices.htmlWed, 06 Oct 2021 13:30:00 GMTStruggle for Aluminium Dunkerque intensifies amid strong period for aluminium prices, premiumsThe struggle over the ownership of French smelter Aluminium Dunkerque has intensified with GFG Alliance announcing it will take legal action to prevent US private equity fund AIP seizing control.http://www.metalbulletin.com/Article/4010727/Struggle-for-Aluminium-Dunkerque-intensifies-amid-strong-period-for-aluminium-prices-premiums.htmlWed, 06 Oct 2021 13:21:00 GMTGLOBAL COPPER WRAP: Growing gap in European spot and annual terms amid Aurubis' offerThis week marks the official start of 2022 contractual negotiations following Aurubis' 28% increase in its annual offer to European clients.http://www.metalbulletin.com/Article/4010745/GLOBAL-COPPER-WRAP-Growing-gap-in-European-spot-and-annual-terms-amid-Aurubis-offer.htmlWed, 06 Oct 2021 12:27:00 GMTASIA STEEL SCRAP DIGEST: Vietnam turns to deep-sea market after sharp rise in Japanese offer pricesVietnamese steelmakers have dipped back into the deep-sea import market for steel scrap following a sudden surge in Japanese offer prices, sources told Fastmarkets on Wednesday October 6. http://www.metalbulletin.com/Article/4010726/ASIA-STEEL-SCRAP-DIGEST-Vietnam-turns-to-deep-sea-market-after-sharp-rise-in-Japanese-offer-prices.htmlWed, 06 Oct 2021 11:03:00 GMTIRON ORE DAILY: Prices stable amid Chinese holidayIron ore prices were largely stable on Wednesday October 6 amid low liquidity in both the physical and futures markets during the Chinese Golden Week holidays, sources said.http://www.metalbulletin.com/Article/4010734/IRON-ORE-DAILY-Prices-stable-amid-Chinese-holiday.htmlWed, 06 Oct 2021 10:44:00 GMTGLOBAL TIN WRAP: European, US premiums ease but offers remain high; LME price hinders buyersSpikes in tin's London Metal Exchange price made buyers from buyers in Europe and Taiwan hesitate, while offer numbers in both the EU and the United States have emerged now that markets have begun to rebalance.http://www.metalbulletin.com/Article/4010722/GLOBAL-TIN-WRAP-European-US-premiums-ease-but-offers-remain-high-LME-price-hinders-buyers.htmlWed, 06 Oct 2021 10:41:00 GMTGLOBAL ALUMINIUM WRAP: Premiums diverge, with MJP range wider, Europe down, Brazil upAluminium premiums had a mixed week in the seven days to Tuesday October 5, with the main Japanese ports range widening, while European premiums dipped, Brazilian premiums increased and the United States remained steady.http://www.metalbulletin.com/Article/4010719/GLOBAL-ALUMINIUM-WRAP-Premiums-diverge-with-MJP-range-wider-Europe-down-Brazil-up.htmlWed, 06 Oct 2021 08:38:00 GMTPremium for scarce Ni 'brix' in US matches 4x4 amid EV boom The premium for nickel briquette in the United States has risen to an all-time high, matching that for cut cathode for the first time since they were introduced in March 2018.http://www.metalbulletin.com/Article/4010714/Premium-for-scarce-Ni-brix-in-US-matches-4x4-amid-EV-boom.htmlWed, 06 Oct 2021 07:20:00 GMTMORNING VIEW: Metals still seem buoyant despite bouts of weakness, but headwinds persistBase metals prices on the London Metal Exchange were mainly down on the morning of Wednesday October 6, which was in line with the weakness in Asia-Pacific equities.http://www.metalbulletin.com/Article/4010718/MORNING-VIEW-Metals-still-seem-buoyant-despite-bouts-of-weakness-but-headwinds-persist.htmlWed, 06 Oct 2021 06:50:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 5Here are five Fastmarkets stories you might have missed on Tuesday October 5 that are worth another look.http://www.metalbulletin.com/Article/4010713/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-5.htmlTue, 05 Oct 2021 23:05:00 GMTShipping container chaos to continue for some time, Oldendorff exec saysThe challenges with container shipping, including port congestion and supply chain disruptions, are likely to continue for some time, according to an executive at shipping company Oldendorff Carriers GmbH & Co.http://www.metalbulletin.com/Article/4010711/Shipping-container-chaos-to-continue-for-some-time-Oldendorff-exec-says.htmlTue, 05 Oct 2021 22:12:00 GMTENERGY TRANSITION: Decarbonizing shipping tougher than tackling sulfur, exec saysDecarbonizing the shipping industry is likely to be tougher than efforts to remove its sulfur emissions, according to an executive at Oldendorff Carriers GmbH & Co.http://www.metalbulletin.com/Article/4010708/ENERGY-TRANSITION-Decarbonizing-shipping-tougher-than-tackling-sulfur-exec-says.htmlTue, 05 Oct 2021 22:00:00 GMTBrazilian iron ore exports down 10% in SeptemberBrazilian iron ore export volumes decreased by 10.12% year on year in September, according to figures from the country’s economy ministry.http://www.metalbulletin.com/Article/4010710/Brazilian-iron-ore-exports-down-10-in-September.htmlTue, 05 Oct 2021 21:55:00 GMTENERGY TRANSITION: Mining sector needs collaboration, not competition, execs sayThe mining industry needs collaboration, not competition, if it wants to advance net-zero carbon emissions targets for the sector, a panel of executives said. http://www.metalbulletin.com/Article/4010701/ENERGY-TRANSITION-Mining-sector-needs-collaboration-not-competition-execs-say.htmlTue, 05 Oct 2021 21:04:00 GMTMANGANESE ORE ANALYTICS: October 5, 2021The latest data for the global manganese ore market for the week to October 3 2021. http://www.metalbulletin.com/Article/4010681/MANGANESE-ORE-ANALYTICS-October-5-2021.htmlTue, 05 Oct 2021 18:30:00 GMTSteelmakers bid aggressively for manganese alloy feedstockChina's downstream steelmakers have been forced to sharply increase their manganese alloy purchase prices to ensure they have sufficient feedstock, Fastmarkets understands. http://www.metalbulletin.com/Article/4010689/Steelmakers-bid-aggressively-for-manganese-alloy-feedstock.htmlTue, 05 Oct 2021 18:16:00 GMTLIVE FUTURES 05/10: Zinc up 1% and tin up 1.8%, best LME performersZinc and tin had the strongest growth on the afternoon of September 5 while nickel closed above $18,000 per tonne for the first time since last Thursday; copper was the only metal to end lower on the day. http://www.metalbulletin.com/Article/4010684/LIVE-FUTURES-0510-Zinc-up-1-and-tin-up-18-best-LME-performers.htmlTue, 05 Oct 2021 17:49:00 GMTUkrainian authorities aim to ban scrap exportsUkrainian authorities are preparing to ban scrap exports from the country to help local steelmakers.http://www.metalbulletin.com/Article/4010609/Ukrainian-authorities-aim-to-ban-scrap-exports.htmlTue, 05 Oct 2021 17:29:00 GMTGULF FLAT STEEL IMPORTS: Decreasing offer prices lead buyers to refrain from bookingFlat-rolled steel import prices to the United Arab Emirates and Saudi Arabia decreased further during the week ended Tuesday October 5 and buyers preferred to refrain from booking until prices stop falling. http://www.metalbulletin.com/Article/4010679/GULF-FLAT-STEEL-IMPORTS-Decreasing-offer-prices-lead-buyers-to-refrain-from-booking.htmlTue, 05 Oct 2021 17:23:00 GMTGULF STEEL BILLET, REBAR: Prices drop further, demand still limitedThe prices of steel rebar and billet in the United Arab Emirates have decreased further, with demand still low, sources told Fastmarkets on Tuesday October 5.http://www.metalbulletin.com/Article/4010675/GULF-STEEL-BILLET-REBAR-Prices-drop-further-demand-still-limited.htmlTue, 05 Oct 2021 16:32:00 GMTEUROPE HRC: Buyers and sellers hold back from trading, waiting for clearer market trendActivity remained slow in the European hot-rolled coil market on Tuesday October 5, with buyers and producers holding back from making deals, sources told Fastmarkets. http://www.metalbulletin.com/Article/4010637/EUROPE-HRC-Buyers-and-sellers-hold-back-from-trading-waiting-for-clearer-market-trend.htmlTue, 05 Oct 2021 16:27:00 GMTDAILY STEEL SCRAP: Market remains quietTurkish deep-sea scrap import markets remained subdued on the second working day of the week, with both mills and suppliers quiet, market participants said on Tuesday October 5.http://www.metalbulletin.com/Article/4010638/DAILY-STEEL-SCRAP-Market-remains-quiet.htmlTue, 05 Oct 2021 15:58:00 GMTENERGY TRANSITION: One-third of world’s mining & metals sector commits to net-zero targetsThe heads of companies representing one-third of the world’s mining and metals industry have signed a letter committing to a goal of net-zero Scope 1 and 2 greenhouse gas (GHG) emissions by 2050 or sooner, in line with the ambitions of the Paris Agreement.http://www.metalbulletin.com/Article/4010674/ENERGY-TRANSITION-One-third-of-worlds-mining-and-metals-sector-commits-to-net-zero-targets.htmlTue, 05 Oct 2021 15:49:00 GMTTURKEY FLAT STEEL WRAP: All prices down in September, market sentiment fails to improveTurkish flat steel prices continued to fall through September and the market participants are not expecting any improvements in the short term, sources told Fastmarkets on Tuesday, October 5. http://www.metalbulletin.com/Article/4010606/TURKEY-FLAT-STEEL-WRAP-All-prices-down-in-September-market-sentiment-fails-to-improve.htmlTue, 05 Oct 2021 15:17:00 GMTENERGY TRANSITION: BHP to supply nickel sulfate to Toyota-Panasonic battery JVBHP will supply nickel sulfate to a battery making joint venture between Toyota Motor Corp and Panasonic Corp in a move designed to lower carbon emissions in the Japanese battery supply chain. http://www.metalbulletin.com/Article/4010604/ENERGY-TRANSITION-BHP-to-supply-nickel-sulfate-to-Toyota-Panasonic-battery-JV.htmlTue, 05 Oct 2021 14:22:00 GMTEU GREEN STEELMAKING: Saarstahl Ascoval ships first low-carbon steelSaarstahl Ascoval, the French subsidiary of Saarstahl, has shipped its first low-carbon steel billet to its Burbach Works, in Saarland, Germany, the company said on Tuesday October 5. http://www.metalbulletin.com/Article/4010597/EU-GREEN-STEELMAKING-Saarstahl-Ascoval-ships-first-low-carbon-steel.htmlTue, 05 Oct 2021 13:52:00 GMTNEWSBREAK: Fastmarkets settles Q4 MJP aluminium premium at $215-220/tFastmarkets has settled its premium for the supply of aluminium to main Japanese ports (MJP) in the fourth quarter of 2021 at $215-220 per tonne over the London Metal Exchange cash price.http://www.metalbulletin.com/Article/4010436/NEWSBREAK-Fastmarkets-settles-Q4-MJP-aluminium-premium-at-215-220t.htmlTue, 05 Oct 2021 12:52:00 GMTIndonesian giant Krakatau Steel aims to operate BF complex from Q3 2022Indonesian state-owned steelmaker Krakatau Steel is hoping to begin operations at its heavily delayed blast furnace (BF) complex in the third quarter of 2022, the firm has said.http://www.metalbulletin.com/Article/4010594/Indonesian-giant-Krakatau-Steel-aims-to-operate-BF-complex-from-Q3-2022.htmlTue, 05 Oct 2021 12:46:00 GMTCIS FLAT STEEL: Market down again in new dealsThe flat steel product export market from the Commonwealth of Independent States fell again in new sales to Turkey during the week to Monday October 4. http://www.metalbulletin.com/Article/4010596/CIS-FLAT-STEEL-Market-down-again-in-new-deals.htmlTue, 05 Oct 2021 12:36:00 GMTASIA STEEL SCRAP DIGEST: Strong sell-side sentiment forces up key marketsRising bid prices in the key steel-scrap import markets of South Korea, Taiwan and Vietnam have coincided with another increase in Japan’s domestic prices, market sources said on Tuesday October 5.http://www.metalbulletin.com/Article/4010581/ASIA-STEEL-SCRAP-DIGEST-Strong-sell-side-sentiment-forces-up-key-markets.htmlTue, 05 Oct 2021 11:57:00 GMTIRON ORE DAILY: Prices flat amid low liquidityIron ore prices were largely flat on Tuesday October 5 with ongoing low liquidity in both the physical and futures market during the Chinese holiday, sources said.http://www.metalbulletin.com/Article/4010583/IRON-ORE-DAILY-Prices-flat-amid-low-liquidity.htmlTue, 05 Oct 2021 11:26:00 GMTCOKING COAL DAILY: Fob prices inch up further on limited supplySeaborne coking coal prices in the fob market on Tuesday October 5 continued to inch up amid limited supply in the market, sources told Fastmarkets.http://www.metalbulletin.com/Article/4010584/COKING-COAL-DAILY-Fob-prices-inch-up-further-on-limited-supply.htmlTue, 05 Oct 2021 10:48:00 GMTAurubis raising copper premium offer to $123/t for 2022 Aurubis is set to raise its copper premium offer for 2022 to $123 per tonne on top of London Metal Exchange prices, the company confirmed to Fastmarkets on Tuesday October 5.http://www.metalbulletin.com/Article/4010579/Aurubis-raising-copper-premium-offer-to-123t-for-2022.htmlTue, 05 Oct 2021 10:20:00 GMTLIVE FUTURES 05/10: Little change in LME prices; another 10kt of copper cancelledPrices on the London Metal Exchange were broadly stable from their Monday levels on Tuesday morning, October 5, with cancellations of copper warrants in Europe continuing for a third day in a row.http://www.metalbulletin.com/Article/4010576/LIVE-FUTURES-0510-Little-change-in-LME-prices-another-10kt-of-copper-cancelled.htmlTue, 05 Oct 2021 09:20:00 GMTMORNING VIEW: Base metals prices consolidating after Monday’s reboundsBase metals prices on the London Metal Exchange were mainly weaker on the morning of Tuesday October 5, while markets consolidated recent gains. But volumes have been light with Chinese participants absent due to the weeklong National Day holiday (October 1-7).http://www.metalbulletin.com/Article/4010567/MORNING-VIEW-Base-metals-prices-consolidating-after-Mondays-rebounds.htmlTue, 05 Oct 2021 07:18:00 GMTVale halts Onça Puma nickel ops after license suspensionBrazilian mining company Vale has halted operations at its Onça Puma ferro-nickel unit, in the country's northern Pará state, following the suspension of a license, it said on Monday October 4. http://www.metalbulletin.com/Article/4010552/Vale-halts-Ona-Puma-nickel-ops-after-license-suspension.htmlMon, 04 Oct 2021 19:38:00 GMTHonda’s Japan vehicle production sinks by 62.4% year on year in AugustHonda’s August production and sales of new vehicles in Japan slumped on a monthly basis, by 62.4% and 22.7% respectively.http://www.metalbulletin.com/Article/4010442/Hondas-Japan-vehicle-production-sinks-by-624-year-on-year-in-August.htmlMon, 04 Oct 2021 18:00:00 GMTLIVE FUTURES 04/10: Most prices up on high energy costs, Chinese production concerns; Al up 2.1%, copper up 1.3%Base metals prices on the London Metal Exchange were up across the board during trading on Monday October 4, pushed upward by ongoing power-rationing policies in China and surging energy costs affecting production in the physical market.http://www.metalbulletin.com/Article/4010543/LIVE-FUTURES-0410-Most-prices-up-on-high-energy-costs-Chinese-production-concerns-Al-up-21-copper-up.htmlMon, 04 Oct 2021 17:30:00 GMTTransport costs driving up inflation – ECBSupply disruptions, which have hit commodity markets in recent months, are among the "structural" factors that have prompted the recent 3.4% rise in euro zone inflation, the European Central Bank (ECB) vice president Luis de Guindos said on Monday October 4.http://www.metalbulletin.com/Article/4010532/Transport-costs-driving-up-inflationECB.htmlMon, 04 Oct 2021 17:01:00 GMTCIS STEEL SLAB: Prices remain firm, trading limitedExport slab prices from the Commonwealth of Independent States (CIS) region remained firm over the week to Monday October 4; trading activity was limited.http://www.metalbulletin.com/Article/4010475/CIS-STEEL-SLAB-Prices-remain-firm-trading-limited.htmlMon, 04 Oct 2021 16:23:00 GMTTurkish flat steel exports up by 46.87% year on year in August on strong demandTurkey exported 615,575 tonnes of flat steel products in August 2021, according to the Turkish Statistical Institute (TUIK), up by 46.87% year on year from 419,139 tonnes in August 2020.http://www.metalbulletin.com/Article/4010480/Turkish-flat-steel-exports-up-by-4687-year-on-year-in-August-on-strong-demand.htmlMon, 04 Oct 2021 15:55:00 GMTStrong demand pushes Turkish flat steel imports by 30.98% year on year in AugustTurkey imported 844,898 tonnes of flat steel in August, a 30.98% increase from 645,115 tonnes in the corresponding period of 2020, the Turkish Statistical Institute (TUIK) said.http://www.metalbulletin.com/Article/4010450/Strong-demand-pushes-Turkish-flat-steel-imports-by-3098-year-on-year-in-August.htmlMon, 04 Oct 2021 15:31:00 GMTCIS STEEL BILLET: Prices soften slightly after China exits market for holidayThe Commonwealth of Independent States' billet export market softened somewhat after the Chinese market, which has been rendering most of the support to billet sellers, left for a weeklong national holiday that ends on Thursday October 7. http://www.metalbulletin.com/Article/4010506/CIS-STEEL-BILLET-Prices-soften-slightly-after-China-exits-market-for-holiday.htmlMon, 04 Oct 2021 15:20:00 GMT