Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2019 MB60Top StoriesLIVE FUTURES REPORT 14/11: LME aluminium price narrows while spreads flip to contago; zinc slips below $2,400The three-month aluminium price on the London Metal Exchange was lower at the close of trading on Thursday November 14, closing at its lowest level since late-October, while zinc’s outright price similarly fell to its lowest level in just over a month. http://www.metalbulletin.com/Article/3904409/LIVE-FUTURES-REPORT-1411-LME-aluminium-price-narrows-while-spreads-flip-to-contago-zinc-slips-below.htmlThu, 14 Nov 2019 18:27:00 GMTALUMINA ROUND-UP: Australian fob price steady around $280 per tonneThe fob Australia price for alumina has hovered around the $280 per tonne mark in relatively liquid trading over the week ended Thursday November 14. http://www.metalbulletin.com/Article/3904372/ALUMINA-ROUND-UP-Australian-fob-price-steady-around-280-per-tonne.htmlThu, 14 Nov 2019 16:58:00 GMTDAILY SCRAP REPORT: Mills book more scrap for December, but worry over long steel demandTurkish steel producers have continued to book scrap shipments for December deliveries at prices remaining largely stable, sources said on Thursday November 14. http://www.metalbulletin.com/Article/3904346/DAILY-SCRAP-REPORT-Mills-book-more-scrap-for-December-but-worry-over-long-steel-demand.htmlThu, 14 Nov 2019 16:10:00 GMTCHINA COBALT SNAPSHOT: Consumers retreat on comfortable tetroxide, hydroxide stocks; sulfate demand low Key data from the Wednesday November 13 pricing sessions in Shanghai and London. http://www.metalbulletin.com/Article/3904340/CHINA-COBALT-SNAPSHOT-Consumers-retreat-on-comfortable-tetroxide-hydroxide-stocks-sulfate-demand-low.htmlThu, 14 Nov 2019 15:57:00 GMTArgentina’s steel consumption to remain stable next year, rebound in 2021: TerniumArgentina’s steel consumption is likely to be little changed from this year's level in 2020 and recover only in 2021, according to a preliminary forecast by Ternium Argentina. http://www.metalbulletin.com/Article/3904280/Argentinas-steel-consumption-to-remain-stable-next-year-rebound-in-2021-Ternium.htmlThu, 14 Nov 2019 15:44:00 GMTAsian steel plate prices set for strong start in 2020, Japanese steelmaker saysSupport for steel plate prices in Asia was likely to continue in 2020 because of the environmental restrictions imposed by the Chinese government on steelmaking during the coming winter, a source at a leading Japanese steel mill told Fastmarkets this week. http://www.metalbulletin.com/Article/3904342/Asian-steel-plate-prices-set-for-strong-start-in-2020-Japanese-steelmaker-says.htmlThu, 14 Nov 2019 15:17:00 GMTTURKEY STEEL BILLET: Import, export prices improve on recovering demandSteel billet import and export prices in Turkey have increased slightly over the past week, in line with improving demand. But domestic prices have remained fairly stable, sources said on Thursday November 14. http://www.metalbulletin.com/Article/3904336/TURKEY-STEEL-BILLET-Import-export-prices-improve-on-recovering-demand.htmlThu, 14 Nov 2019 14:55:00 GMTTURKEY LONG STEEL: Domestic prices recover slightlyRebar and wire rod prices in the Turkish domestic market have gone up slightly over the past week, in line with higher scrap costs and recovering demand, sources said on Thursday November 14.http://www.metalbulletin.com/Article/3904311/TURKEY-LONG-STEEL-Domestic-prices-recover-slightly.htmlThu, 14 Nov 2019 14:30:00 GMTINTL FERRO-ALLOYS CONF: Vanadium leads price declines fueled by slowing global growth, steel demand While the ferro-alloys industry prepares to gather in Budapest for the annual International Ferro-alloys conference on November 17-19, Fastmarkets looks at the key price moves since last year's conference. http://www.metalbulletin.com/Article/3904296/INTL-FERRO-ALLOYS-CONF-Vanadium-leads-price-declines-fueled-by-slowing-global-growth-steel-demand.htmlThu, 14 Nov 2019 14:20:00 GMTEGYPT STEEL BILLET, REBAR: Price increases stimulate demandPrices for steel rebar and billet in Egypt rose in the week ended Thursday November 14, stimulating demand as buyers looked to avoid being caught by any further increases, sources told Fastmarkets.http://www.metalbulletin.com/Article/3904305/EGYPT-STEEL-BILLET-REBAR-Price-increases-stimulate-demand.htmlThu, 14 Nov 2019 13:50:00 GMTTURKEY LONG STEEL EXPORTS: Mills keep prices steady despite weak demandThe Turkish rebar and wire rod export markets have remained mostly quiet over the past week on limited demand, sources said on Thursday November 14. http://www.metalbulletin.com/Article/3904304/TURKEY-LONG-STEEL-EXPORTS-Mills-keep-prices-steady-despite-weak-demand.htmlThu, 14 Nov 2019 13:45:00 GMTPRICING NOTICE: Change to Fastmarkets MB’s midpoints and averagesFastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.http://www.metalbulletin.com/Article/3904302/PRICING-NOTICE-Change-to-Fastmarkets-MBs-midpoints-and-averages.htmlThu, 14 Nov 2019 13:05:00 GMTIRON ORE DAILY: High-grade fines index surges past $95/t The Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao crossed the $95-per-tonne mark for the first time since October 25 on Thursday November 14.http://www.metalbulletin.com/Article/3904297/IRON-ORE-DAILY-High-grade-fines-index-surges-past-95t.htmlThu, 14 Nov 2019 12:15:00 GMTCOKING COAL DAILY: Import suspension at some Chinese ports creates uncertaintyAn informal suspension of coal imports at ports in the eastern Chinese province of Jiangsu province and some parts of southern China has raised uncertainties in the seaborne coking coal market, though the country’s downstream steel market strengthened on Thursday November 14.http://www.metalbulletin.com/Article/3904290/COKING-COAL-DAILY-Import-suspension-at-some-Chinese-ports-creates-uncertainty.htmlThu, 14 Nov 2019 11:40:00 GMTLIVE FUTURES REPORT 14/11: LME aluminium price ignores 78kt inflow; tin improvesThe three-month aluminium price on the London Metal Exchange was little moved during morning trading on Thursday November 14, ignoring a fresh inflow of more than 78,000 tonnes into LME-registered Asian warehouses.http://www.metalbulletin.com/Article/3904279/LIVE-FUTURES-REPORT-1411-LME-aluminium-price-ignores-78kt-inflow-tin-improves.htmlThu, 14 Nov 2019 11:03:00 GMTCHINA REBAR: Surge in new construction starts boost prices China’s rebar prices rose further on Thursday November 14 following the release of statistics showing a surge in construction starts in the first 10 months of the year.http://www.metalbulletin.com/Article/3904277/CHINA-REBAR-Surge-in-new-construction-starts-boost-prices.htmlThu, 14 Nov 2019 10:42:00 GMTTrade log November 2019: Cobalt Cobalt trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3902345/Trade-log-November-2019-Cobalt.htmlThu, 14 Nov 2019 10:10:00 GMTCHINA HRC: Inventory drop bolsters pricesChina’s hot-rolled coil market maintained its upward trajectory on Thursday November 14 amid a drop in inventory levels.http://www.metalbulletin.com/Article/3904275/CHINA-HRC-Inventory-drop-bolsters-prices.htmlThu, 14 Nov 2019 09:45:00 GMTTrade log November 2019: Cobalt sulfateTrade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.http://www.metalbulletin.com/Article/3904273/Trade-log-November-2019-Cobalt-sulfate.htmlThu, 14 Nov 2019 09:25:00 GMTArcelorMittal CEO expects 5-6% rise in Brazilian steel use in 2020; Gerdau even more bullishBrazilian apparent steel use is showing signs of recovery and will increase significantly from next year, ArcelorMittal Long Carbon Latin America chief executive officer Jefferson de Paula said this week. http://www.metalbulletin.com/Article/3904266/ArcelorMittal-CEO-expects-5-6-rise-in-Brazilian-steel-use-in-2020-Gerdau-even-more-bullish.htmlThu, 14 Nov 2019 09:06:00 GMTLIVE FUTURES REPORT 14/11: SHFE base metals prices mixed on fading trade optimism, weak data; zinc down 1.1%Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Thursday November 14, with zinc leading on the downside with a 1.1% drop.http://www.metalbulletin.com/Article/3904269/LIVE-FUTURES-REPORT-1411-SHFE-base-metals-prices-mixed-on-fading-trade-optimism-weak-data-zinc-down.htmlThu, 14 Nov 2019 05:15:00 GMTFOCUS: Scrap could account for 50% of Chinese steel production by 2030China’s annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country’s steel output, according to the China Association of Metal Scrap Utilization (Camu). http://www.metalbulletin.com/Article/3903616/FOCUS-Scrap-could-account-for-50-of-Chinese-steel-production-by-2030.htmlThu, 14 Nov 2019 05:00:00 GMTHenry to take over as BHP chief executiveMike Henry has been named chief executive officer and executive director of BHP, effective from January 1, 2020.http://www.metalbulletin.com/Article/3904261/Henry-to-take-over-as-BHP-chief-executive.htmlWed, 13 Nov 2019 23:12:00 GMTEUROPE WIRE ROD: Prices unchanged despite rises in scrap costsThe price of steel wire rod in Europe has remained stable this week despite recent substantial increases in the price of ferrous scrap, Fastmarkets heard on Wednesday November 13. http://www.metalbulletin.com/Article/3904234/EUROPE-WIRE-ROD-Prices-unchanged-despite-rises-in-scrap-costs.htmlWed, 13 Nov 2019 18:40:00 GMTBASE METALS WARRANT REPORT 13/11A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday November 13. http://www.metalbulletin.com/Article/3904068/BASE-METALS-WARRANT-REPORT-1311.htmlWed, 13 Nov 2019 18:06:00 GMTEUROPE SECTIONS: Prices stable but increases may come soonPrices for hollow steel sections in Northern and Southern Europe were unchanged this week although some mills were offering higher prices on possible rises in feedstock costs, market sources told Fastmarkets on Wednesday November 13. http://www.metalbulletin.com/Article/3904226/EUROPE-SECTIONS-Prices-stable-but-increases-may-come-soon.htmlWed, 13 Nov 2019 18:05:00 GMTPRICING NOTICE: Amendment to pig iron/HBI price assessment publication timesFastmarkets has amended the publication times of its weekly global pig iron and hot-briquetted iron (HBI) price assessments from 3pm to 4pm London time. http://www.metalbulletin.com/Article/3904082/PRICING-NOTICE-Amendment-to-pig-ironHBI-price-assessment-publication-times.htmlWed, 13 Nov 2019 18:05:00 GMTEUROPE BEAMS: Prices stay flat but mills poised to push through increasesSteel H-beam prices in Europe remained unchanged in the week to Wednesday, November 13, but sources told Fastmarkets that mills are starting to increase their offer prices to reflect recent rises in feedstock costs. http://www.metalbulletin.com/Article/3904157/EUROPE-BEAMS-Prices-stay-flat-but-mills-poised-to-push-through-increases.htmlWed, 13 Nov 2019 17:56:00 GMTLIVE FUTURES REPORT 13/11: Selling pressure pushes LME zinc price down 2%; tin approaches $16,000/t The three-month zinc price on the London Metal Exchange continued its sell-off at the close of trading on Wednesday November 13, recording moderate turnover, while tin’s outright price teased a break below nearby support.http://www.metalbulletin.com/Article/3904236/LIVE-FUTURES-REPORT-1311-Selling-pressure-pushes-LME-zinc-price-down-2-tin-approaches-16000t.htmlWed, 13 Nov 2019 17:56:00 GMTIranian billet prices keep climbing as mills sell January allocationExport billet prices from Iran have surged in the week to Wednesday November 13 with mills starting sales of their January-rolling material, Fastmarkets has learnt. http://www.metalbulletin.com/Article/3904222/Iranian-billet-prices-keep-climbing-as-mills-sell-January-allocation.htmlWed, 13 Nov 2019 17:28:00 GMTMINOR METALS MARKET REPORT 13/11: Low buying appetite pushes antimony prices down furtherAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3904229/MINOR-METALS-MARKET-REPORT-1311-Low-buying-appetite-pushes-antimony-prices-down-further.htmlWed, 13 Nov 2019 17:27:00 GMTEUROPE HRC: Market falls quiet but higher offers expected soonThe European market for domestic hot-rolled coil has been quiet over the past week with domestic steelmakers taking a step back from trading activity but expected to return with higher offers soon, sources told Fastmarkets on Wednesday November 13. http://www.metalbulletin.com/Article/3904151/EUROPE-HRC-Market-falls-quiet-but-higher-offers-expected-soon.htmlWed, 13 Nov 2019 17:05:00 GMTGLOBAL ZINC & LEAD WRAP: US zinc premium ignores record-low New Orleans stocks; Shanghai markets subdued by arb loss Global zinc premiums were left with little room to maneuver against exchange-stock drawdowns and high import losses this week, while persistent backwardations in the metal's forward curve kept spot trading opportunities minimal. http://www.metalbulletin.com/Article/3904053/GLOBAL-ZINC-and-LEAD-WRAP-US-zinc-premium-ignores-record-low-New-Orleans-stocks-Shanghai-markets.htmlWed, 13 Nov 2019 16:55:00 GMTNOBLE ALLOYS MARKET REPORT 13/11: Ferro-vanadium continues incline on good sentiment; prices jump over 8%An overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3904224/NOBLE-ALLOYS-MARKET-REPORT-1311-Ferro-vanadium-continues-incline-on-good-sentiment-prices-jump-over-8.htmlWed, 13 Nov 2019 16:25:00 GMTDAILY SCRAP REPORT: Mills continue to book scrap at steady pricesTurkish steel producers have continued their deep-sea scrap purchases for December deliveries at steady prices, sources said on Wednesday November 13. http://www.metalbulletin.com/Article/3904120/DAILY-SCRAP-REPORT-Mills-continue-to-book-scrap-at-steady-prices.htmlWed, 13 Nov 2019 16:02:00 GMTTURKEY STEEL PIPE EXPORTS: Mills raise export offers on costlier raw materialsTurkish steel pipe export prices have advanced in the past month due to increasing raw material costs and stronger demand in the domestic market, sources said on Wednesday November 13.http://www.metalbulletin.com/Article/3904084/TURKEY-STEEL-PIPE-EXPORTS-Mills-raise-export-offers-on-costlier-raw-materials.htmlWed, 13 Nov 2019 15:55:00 GMTGLOBAL NICKEL WRAP: US briquette premium up; China plates premiums slidePremiums for full-plate nickel cathodes in China declined in the week to Tuesday November 12 as import arbitrage margins shrank, while in Europe premiums were flat and in the United States briquette premiums edged up.http://www.metalbulletin.com/Article/3904049/GLOBAL-NICKEL-WRAP-US-briquette-premium-up-China-plates-premiums-slide.htmlWed, 13 Nov 2019 15:25:00 GMTFastmarkets-settled MJP aluminium contract to launch on LMEThe London Metal Exchange is seeking to launch a new cash-settled main Japanese ports (MJP) aluminium premium contract settled against a Fastmarkets price, the exchange said on Wednesday November 13. http://www.metalbulletin.com/Article/3904060/Fastmarkets-settled-MJP-aluminium-contract-to-launch-on-LME.htmlWed, 13 Nov 2019 15:00:00 GMTChinese copper smelters to lead benchmark TC/RC talks after Japanese decline - sourceChinese copper smelters will continue to lead benchmark copper concentrate negotiations despite approaching Japan's Pan Pacific Copper (PPC) to negotiate the annual deal from a stronger position, sources said. http://www.metalbulletin.com/Article/3904057/Chinese-copper-smelters-to-lead-benchmark-TCRC-talks-after-Japanese-decline-source.htmlWed, 13 Nov 2019 14:03:00 GMTIRON ORE DAILY: High-grade and mid-grade fines spread widens amid supply concernsThe spread between mid-grade and high-grade fines has continued to widen, with concerns over the glut in supply of the former and limited spot availability of the latter.http://www.metalbulletin.com/Article/3904071/IRON-ORE-DAILY-High-grade-and-mid-grade-fines-spread-widens-amid-supply-concerns.htmlWed, 13 Nov 2019 12:15:00 GMTCOKING COAL DAILY: Seaborne prices gain strength Seaborne coking coal prices moved up on Wednesday November 13, with trading activity indicating a narrower gap between premium low-vol and mid-vol cargoes. http://www.metalbulletin.com/Article/3904067/COKING-COAL-DAILY-Seaborne-prices-gain-strength.htmlWed, 13 Nov 2019 11:17:00 GMTCHINA REBAR: Supply bottlenecks send prices upwardChina’s rebar prices increased on Wednesday November 13 amid tightened supply caused by logistical bottlenecks, though market participants expect these to ease over the next few days.http://www.metalbulletin.com/Article/3904059/CHINA-REBAR-Supply-bottlenecks-send-prices-upward.htmlWed, 13 Nov 2019 09:56:00 GMTLIVE FUTURES REPORT 13/11: LME zinc price below $2,450/t following 1.2% drop; weakness emerges in tinThe three-month zinc price on the London Metal Exchange was down during the morning trading session on Wednesday November 13, slipping below further support levels despite a continued draw on LME stocks, while tin futures threatened a dip below $16,000 per tonne. http://www.metalbulletin.com/Article/3904058/LIVE-FUTURES-REPORT-1311-LME-zinc-price-below-2450t-following-12-drop-weakness-emerges-in-tin.htmlWed, 13 Nov 2019 09:45:00 GMTCHINA HRC: Exporters keep offers high on domestic gainsChina’s hot-rolled coil prices gained more strength on Wednesday November 13 on improved domestic demand, which encouraged exporters to keep offers high.http://www.metalbulletin.com/Article/3904056/CHINA-HRC-Exporters-keep-offers-high-on-domestic-gains.htmlWed, 13 Nov 2019 09:26:00 GMTMORNING VIEW: LME base metals prices under pressure after Trump threatens higher tariffs if deal not reachedMarkets in general are under pressure following United States President Donald Trump’s speech at the Economic Club of New York on Tuesday November 12, where he failed to provide any reassurance that a trade deal had been reached with China; indeed, Trump even threatened that tariffs would be “raised very substantially” if a deal was not reached.http://www.metalbulletin.com/Article/3904054/MORNING-VIEW-LME-base-metals-prices-under-pressure-after-Trump-threatens-higher-tariffs-if-deal-not.htmlWed, 13 Nov 2019 08:21:00 GMTMajor Chinese plate producer undercuts peers despite stable domestic marketExport prices for Chinese plate softened over the past week after a major mill bucked the trend and undercut the rest of its peers.http://www.metalbulletin.com/Article/3904052/Major-Chinese-plate-producer-undercuts-peers-despite-stable-domestic-market.htmlWed, 13 Nov 2019 06:12:00 GMTGLOBAL COPPER WRAP: Shanghai premiums sink further; European, US markets flatShanghai copper cathode premiums continued to soften in the week ended Tuesday November 12 as a result of low buying interest and a poor import arbitrage, while rates in Europe and the United States were unchanged week on week.http://www.metalbulletin.com/Article/3904051/GLOBAL-COPPER-WRAP-Shanghai-premiums-sink-further-European-US-markets-flat.htmlWed, 13 Nov 2019 05:54:00 GMTGLOBAL ALUMINIUM WRAP: Widespread premium decrease on bearishness, backwardationWidespread bearishness and a persistent backwardation in London Metal Exchange forward price spreads exerted downward pressure on aluminium premiums globally in the week ended Tuesday November 12.http://www.metalbulletin.com/Article/3904026/GLOBAL-ALUMINIUM-WRAP-Widespread-premium-decrease-on-bearishness-backwardation.htmlWed, 13 Nov 2019 05:08:00 GMTLIVE FUTURES REPORT 13/11: SHFE base metals prices retreat; nickel bucks trend with 1% gainBarring those for nickel, base metals prices on the Shanghai Futures Exchange fell during the morning trading session on Wednesday November 13 while investors awaited clarity on the first phase of a trade deal between China and the United States.http://www.metalbulletin.com/Article/3904050/LIVE-FUTURES-REPORT-1311-SHFE-base-metals-prices-retreat-nickel-bucks-trend-with-1-gain.htmlWed, 13 Nov 2019 04:16:00 GMTLow-grade manganese ore market continues to soften, high-grade price bouncesPrices for seaborne low-grade and high-grade manganese ore were on divergent paths in the week ended Friday November 8, with the former continuing to trend downward on persistently weak market sentiment while the latter experienced a slight rebound following a number of large-volume deals.http://www.metalbulletin.com/Article/3904043/Low-grade-manganese-ore-market-continues-to-soften-high-grade-price-bounces.htmlWed, 13 Nov 2019 03:37:00 GMTWEEKLY BASE METALS REPORT 12/11A summary of base metals premiums from across the globe for the week to Tuesday November 12.http://www.metalbulletin.com/Article/3904009/WEEKLY-BASE-METALS-REPORT-1211.htmlTue, 12 Nov 2019 20:00:00 GMTEU HRC producers to raise offers on reduced output, lack of import competitionEuropean producers of hot-rolled coil were expected to raise their domestic offer prices and were likely to achieve better trading prices because of production cuts and the lack of competitive import offers, sources told Fastmarkets on Tuesday November 12. http://www.metalbulletin.com/Article/3904011/EU-HRC-producers-to-raise-offers-on-reduced-output-lack-of-import-competition.htmlTue, 12 Nov 2019 18:42:00 GMTLIVE FUTURES REPORT 12/11: LME nickel price shows slight uptick on high turnover; lead falls 1.5%The three-month nickel price on the London Metal Exchange improved at the close of trading on Tuesday November 12, climbing by around 0.5% on high turnover, while the rest of the base metals complex struggled to close in positive territory. http://www.metalbulletin.com/Article/3904012/LIVE-FUTURES-REPORT-1211-LME-nickel-price-shows-slight-uptick-on-high-turnover-lead-falls-15.htmlTue, 12 Nov 2019 18:05:00 GMTDAILY SCRAP REPORT: Mills step back after flurry of deep-sea bookingsTurkish steel producers have taken a break from the deep-sea scrap market after last week’s burst of buying activity for December cargoes, sources said on Tuesday November 12. http://www.metalbulletin.com/Article/3903886/DAILY-SCRAP-REPORT-Mills-step-back-after-flurry-of-deep-sea-bookings.htmlTue, 12 Nov 2019 16:45:00 GMTCIS STEEL BILLET: Mills secure deals in North Africa, but buyers mainly cautiousCIS billet producers managed to secure several deals at higher prices in North Africa in the past few days, but most buyers have remained in wait-and-see mode since the start of November. http://www.metalbulletin.com/Article/3903891/CIS-STEEL-BILLET-Mills-secure-deals-in-North-Africa-but-buyers-mainly-cautious.htmlTue, 12 Nov 2019 16:37:00 GMTRenegotiation attempts follow sharp drop in manganese ore prices Sharp falls in manganese ore prices in recent weeks have prompted widespread requests from buyers to renegotiate prices for deals already agreed, sources told Fastmarkets.http://www.metalbulletin.com/Article/3903948/Renegotiation-attempts-follow-sharp-drop-in-manganese-ore-prices.htmlTue, 12 Nov 2019 16:30:00 GMTGULF STEEL BILLET, REBAR: Prices increase on improved demandPrices for import billet and rebar, and domestic rebar in the United Arab Emirates have increased over the past week on improving demand, market sources said on Tuesday November 12.http://www.metalbulletin.com/Article/3903848/GULF-STEEL-BILLET-REBAR-Prices-increase-on-improved-demand.htmlTue, 12 Nov 2019 15:25:00 GMTGULF FLAT STEEL IMPORTS: Prices increase, buyers do not acceptOffer prices on flat steel imports into the United Arab Emirates and Saudi Arabia have increased over the past week, but buyers have not accepted the new prices, sources told Fastmarkets on Tuesday November 12. http://www.metalbulletin.com/Article/3903882/GULF-FLAT-STEEL-IMPORTS-Prices-increase-buyers-do-not-accept.htmlTue, 12 Nov 2019 15:10:00 GMTFOCUS: Preference for spot, short-term cobalt hydroxide procurement supports spot liquidity Cobalt hydroxide buyers’ preference for spot and short-term procurement will persist, adding spot liquidity to the cobalt raw materials market next year, Fastmarkets understands. http://www.metalbulletin.com/Article/3903630/FOCUS-Preference-for-spot-short-term-cobalt-hydroxide-procurement-supports-spot-liquidity.htmlTue, 12 Nov 2019 13:59:00 GMTEuropean manganese alloys markets under long-term pressureEuropean manganese alloys prices are extending their losses in the spot market in line with weaker demand from the steel sector, and further weighed by persistent falls in manganese ore prices in recent months, industry sources told Fastmarkets.http://www.metalbulletin.com/Article/3903844/European-manganese-alloys-markets-under-long-term-pressure.htmlTue, 12 Nov 2019 13:55:00 GMTIRON ORE DAILY: Seaborne prices rebound above $80/t amid China restrictions, Vale target cutSeaborne iron ore prices rose above $80 per tonne cfr on Tuesday November 12 amid advances in the derivatives markets following news on production restrictions in China and Vale’s lower sales target.http://www.metalbulletin.com/Article/3903842/IRON-ORE-DAILY-Seaborne-prices-rebound-above-80t-amid-China-restrictions-Vale-target-cut.htmlTue, 12 Nov 2019 13:11:00 GMTGLOBAL CHROME WRAP: UG2 chrome ore price falls further on sparse purchasing Chrome markets weakened again in China in the week ended Friday November 8 on subdued demand and pressure on smelters to generate cash before year-end. http://www.metalbulletin.com/Article/3903681/GLOBAL-CHROME-WRAP-UG2-chrome-ore-price-falls-further-on-sparse-purchasing.htmlTue, 12 Nov 2019 11:15:00 GMTCHINA REBAR: Futures rises on production curb regulations [CORRECTED]Rebar contracts on the Shanghai Futures Exchange increased on Tuesday November 12 following two notices about winter production restrictions in the Fenwei Plain and Yangtze River Delta regions, but spot prices were unchanged. http://www.metalbulletin.com/Article/3903809/CHINA-REBAR-Futures-rises-on-production-curb-regulations-[CORRECTED].htmlTue, 12 Nov 2019 11:12:00 GMTChina’s CRC, HDG export prices rise on HRC uptrend, production restrictionsExport prices for Chinese cold-rolled coil and hot-dipped galvanized coil climbed during the week to Tuesday November 12 because of higher prices in the upstream hot-rolled coil market, sources said. http://www.metalbulletin.com/Article/3903830/Chinas-CRC-HDG-export-prices-rise-on-HRC-uptrend-production-restrictions.htmlTue, 12 Nov 2019 11:03:00 GMTCOKING COAL DAILY: Chinese buyers likely to take a backseatSeaborne coking coal prices remain steady, with Chinese participants expected to move to the sidelines of the market, sources told Fastmarkets on Tuesday November 12.http://www.metalbulletin.com/Article/3903813/COKING-COAL-DAILY-Chinese-buyers-likely-to-take-a-backseat.htmlTue, 12 Nov 2019 11:00:00 GMTCHINA HRC: Mills raise export offers on steady domestic marketChina’s hot-rolled coil producers raised their export offers on Tuesday November 12 amid a relatively stable domestic market.http://www.metalbulletin.com/Article/3903817/CHINA-HRC-Mills-raise-export-offers-on-steady-domestic-market.htmlTue, 12 Nov 2019 10:49:00 GMTLIVE FUTURES REPORT 12/11: LME nickel price downturn continues; zinc improves despite tight spreads The three-month nickel price on the London Metal Exchange continued to fall during morning trading on Tuesday November 12, with dip-buying yet to emerge against broadly high turnover across the complex. http://www.metalbulletin.com/Article/3903825/LIVE-FUTURES-REPORT-1211-LME-nickel-price-downturn-continues-zinc-improves-despite-tight-spreads.htmlTue, 12 Nov 2019 10:30:00 GMTGLOBAL MANGANESE SNAPSHOT: High-grade ore price bounces on large sales; alloy prices fall across the board on aggressive offers, weak demand [CORRECTED]Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 8. http://www.metalbulletin.com/Article/3903571/GLOBAL-MANGANESE-SNAPSHOT-High-grade-ore-price-bounces-on-large-sales-alloy-prices-fall-across-the.htmlTue, 12 Nov 2019 09:13:00 GMTPRICING NOTICE: Correction to manganese ore 44% index, cif TianjinFastmarkets has corrected its weekly manganese ore 44% index, cif Tianjin, which was published incorrectly on Friday November 8 due to insufficiently verified data having been used in the calculation.http://www.metalbulletin.com/Article/3903802/PRICING-NOTICE-Correction-to-manganese-ore-44-index-cif-Tianjin.htmlTue, 12 Nov 2019 08:36:00 GMTMORNING VIEW: Gold prices correct while market takes profits, as do nickel prices after Indonesia allows more ore exportsWhile investors and traders are still waiting for direction on China-United States trade talks, markets are reviewing their individual situations and adjusting accordingly.http://www.metalbulletin.com/Article/3903805/MORNING-VIEW-Gold-prices-correct-while-market-takes-profits-as-do-nickel-prices-after-Indonesia.htmlTue, 12 Nov 2019 08:15:00 GMTGLOBAL VANADIUM WRAP: China's FeV export price tumbles more than 8%; European market rebounds on improved sentimentThe export price of ferro-vanadium in China fell again last week, narrowing the price differential with Europe, while the European market rebounded amid improved sentiment after suppliers resisted selling material below the psychological $20-per-kg level.http://www.metalbulletin.com/Article/3903668/GLOBAL-VANADIUM-WRAP-Chinas-FeV-export-price-tumbles-more-than-8-European-market-rebounds-on-improved.htmlTue, 12 Nov 2019 06:05:00 GMTLIVE FUTURES REPORT 12/11: SHFE nickel price slumps 2.6%, mirroring weakness on LME; others mixedBase metals prices on the Shanghai Futures Exchange gave a subdued performance during morning trading on Tuesday November 12, with the complex awaiting the next development in United States-China trade talks.http://www.metalbulletin.com/Article/3903803/LIVE-FUTURES-REPORT-1211-SHFE-nickel-price-slumps-26-mirroring-weakness-on-LME-others-mixed.htmlTue, 12 Nov 2019 05:10:00 GMTGLOBAL FERRO-SILICON WRAP: China, Europe extend price stabilityThe Chinese ferro-silicon market has been supported by firmer steel prices over the past week despite muted demand for volumes of feed alloy, while in Europe, the market has been steady for two consecutive weeks despite no reported trades, with tighter supply underpinning spot prices.http://www.metalbulletin.com/Article/3903671/GLOBAL-FERRO-SILICON-WRAP-China-Europe-extend-price-stability.htmlTue, 12 Nov 2019 04:18:00 GMTGLOBAL SILICON SNAPSHOT: Supply tightness supports in China; cheap offers disappear in Europe [UPDATED]Key data from the pricing sessions in Asia, Europe and the United States in the week to Friday November 8.http://www.metalbulletin.com/Article/3903640/GLOBAL-SILICON-SNAPSHOT-Supply-tightness-supports-in-China-cheap-offers-disappear-in-Europe[UPDATED].htmlTue, 12 Nov 2019 03:21:00 GMTIRON ORE DAILY: Seaborne prices sink below $79/t on bearish sentimentSeaborne iron ore prices fell below $79 per tonne cfr China on Monday November 11 amid worsening market sentiment.http://www.metalbulletin.com/Article/3903644/IRON-ORE-DAILY-Seaborne-prices-sink-below-79t-on-bearish-sentiment.htmlTue, 12 Nov 2019 02:40:00 GMTPRICING NOTICE: Correction to CIS export billet indexFastmarkets has corrected its daily index for steel billet exports, fob Black Sea, which was published incorrectly on Monday November 11 due to a reporter error. http://www.metalbulletin.com/Article/3903760/PRICING-NOTICE-Correction-to-CIS-export-billet-index.htmlMon, 11 Nov 2019 19:55:00 GMTCIS STEEL SLAB: Prices rise on increased demand in Turkey, China, stronger end-marketsPrices in the CIS export slab market picked up in the week to Monday November 11, supported by increased demand in Turkey and China as well as a stronger finished flat steel sector both domestically and in some of customers’ markets. http://www.metalbulletin.com/Article/3903768/CIS-STEEL-SLAB-Prices-rise-on-increased-demand-in-Turkey-China-stronger-end-markets.htmlMon, 11 Nov 2019 18:45:00 GMTRUSSIA FLAT STEEL: Prices fall further on low end-user demandThe downtrend in the market for hot-rolled and cold-rolled steel sheet in Russia’s Central Federal District around Moscow has continued, under pressure from low end-user demand, sources told Fastmarkets on Monday November 11. http://www.metalbulletin.com/Article/3903765/RUSSIA-FLAT-STEEL-Prices-fall-further-on-low-end-user-demand.htmlMon, 11 Nov 2019 18:10:00 GMTLIVE FUTURES REPORT 11/11: LME nickel price leads the complex lower to sink 4% in continued sell-off The three-month nickel price on the London Metal Exchange continued to fall over the course of Monday November 11 to end the day’s trading down by just under 4% against high turnover, while the rest of the complex similarly closed lower. http://www.metalbulletin.com/Article/3903771/LIVE-FUTURES-REPORT-1111-LME-nickel-price-leads-the-complex-lower-to-sink-4-in-continued-sell-off.htmlMon, 11 Nov 2019 18:03:00 GMTChina's Jingye Group agrees to buy British Steel, UK government confirms Chinese steelmaker Hebei Jingye Group has agreed to acquire British Steel, including its Scunthorpe steelworks and other assets, the UK government's Official Receiver and the company's administrator, EY, said on Monday November 11. http://www.metalbulletin.com/Article/3903733/Chinas-Jingye-Group-agrees-to-buy-British-Steel-UK-government-confirms.htmlMon, 11 Nov 2019 17:49:00 GMTCIS FLAT STEEL: Market up on bullish mood among exportersThe export market for hot-rolled and cold-rolled coil from the Commonwealth of Independent States has improved on a bullish mood among suppliers, which preferred to step back from the market rather than to continue sales at low prices, sources told Fastmarkets on Monday November 11. http://www.metalbulletin.com/Article/3903759/CIS-FLAT-STEEL-Market-up-on-bullish-mood-among-exporters.htmlMon, 11 Nov 2019 17:48:00 GMTNorthern European HRC producers hold back from offers as market mood changes to positiveProducers of hot-rolled coil in Northern Europe have been holding back from offering material amid low prices, sources told Fastmarkets on Monday November 11.http://www.metalbulletin.com/Article/3903761/Northern-European-HRC-producers-hold-back-from-offers-as-market-mood-changes-to-positive.htmlMon, 11 Nov 2019 17:24:00 GMTDAILY SCRAP REPORT: Turkish mills book more scrap, prices firmTurkish steel producers have booked more deep-sea cargoes for December delivery and prices have remained firm, sources told Fastmarkets on Monday November 11.http://www.metalbulletin.com/Article/3903732/DAILY-SCRAP-REPORT-Turkish-mills-book-more-scrap-prices-firm.htmlMon, 11 Nov 2019 16:27:00 GMTTin price rise predicted after DRC bridge collapse disrupts Alphamin's Bisie mine shipmentsStagnant tin prices could be set to climb after a bridge collapsed on a key route to Alphamin Resources' Bisie tin mine in the Democratic Republic of the Congo, Central Africa. http://www.metalbulletin.com/Article/3903675/Tin-price-rise-predicted-after-DRC-bridge-collapse-disrupts-Alphamins-Bisie-mine-shipments.htmlMon, 11 Nov 2019 15:19:00 GMTTURKEY FERROUS SCRAP: Upturn in import costs pushes up domestic pricesTurkish domestic scrap prices have continued to climb over the past week under the influence of rising imported scrap values, sources said on Monday November 11. http://www.metalbulletin.com/Article/3903673/TURKEY-FERROUS-SCRAP-Upturn-in-import-costs-pushes-up-domestic-prices.htmlMon, 11 Nov 2019 15:04:00 GMTGLOBAL ANTIMONY SNAPSHOT: Prices end two-month uptrend on quietening demand Key data from the pricing sessions in Asia and Europe in the week to Friday November 8. http://www.metalbulletin.com/Article/3903669/GLOBAL-ANTIMONY-SNAPSHOT-Prices-end-two-month-uptrend-on-quietening-demand.htmlMon, 11 Nov 2019 14:43:00 GMTEgyptian rebar producers raise prices on higher billet costsSome rebar producers in Egypt increased their rebar prices with effect from Monday November 11, Fastmarkets has learnt. http://www.metalbulletin.com/Article/3903676/Egyptian-rebar-producers-raise-prices-on-higher-billet-costs.htmlMon, 11 Nov 2019 14:14:00 GMTNyrstar to restart Port Pirie TSL sinter plant after 13-week outage Miner-smelter Nyrstar has begun the final stages of a planned restart to its Port Pirie lead smelter in Australia, with the first feed in its top submerged lance (TSL) furnace expected later this week, it said on Monday November 11. http://www.metalbulletin.com/Article/3903643/Nyrstar-to-restart-Port-Pirie-TSL-sinter-plant-after-13-week-outage.htmlMon, 11 Nov 2019 12:08:00 GMTGLOBAL TUNGSTEN SNAPSHOT: China concentrate price continues to tumble on weak consumer appetite Key data from the pricing sessions in London and Shanghai in the week to Friday November 8. http://www.metalbulletin.com/Article/3903638/GLOBAL-TUNGSTEN-SNAPSHOT-China-concentrate-price-continues-to-tumble-on-weak-consumer-appetite.htmlMon, 11 Nov 2019 11:18:00 GMTAsian slab import prices steady amid HRC upswingImport prices for steel slab in Southeast Asia and East Asia were stable during the past week even as prices for hot-rolled coil in Asia moved higher.http://www.metalbulletin.com/Article/3903636/Asian-slab-import-prices-steady-amid-HRC-upswing.htmlMon, 11 Nov 2019 11:08:00 GMTCOKING COAL DAILY: No clear trend in market but offers aplentySeaborne coking coal prices displayed no clear trend on Monday November 11, though some market participants in China have reported an emergence of offers for November-loading cargoes despite it being close to the middle of the month. http://www.metalbulletin.com/Article/3903637/COKING-COAL-DAILY-No-clear-trend-in-market-but-offers-aplenty.htmlMon, 11 Nov 2019 11:08:00 GMTCHINA HRC: Prices dip on weakening demandChina’s hot-rolled coil prices dipped further on Monday November 11 amid a weakening of demand, particularly in the eastern region.http://www.metalbulletin.com/Article/3903633/CHINA-HRC-Prices-dip-on-weakening-demand.htmlMon, 11 Nov 2019 10:30:00 GMTASIA HRC: Strong Vietnamese demand causes price surgeHot-rolled coil prices in Asia have surged on strong demand from Vietnamese mills.http://www.metalbulletin.com/Article/3903613/ASIA-HRC-Strong-Vietnamese-demand-causes-price-surge.htmlMon, 11 Nov 2019 10:20:00 GMTLIVE FUTURES REPORT 11/11: LME nickel price sinks 2.2% on trade worries; tin follows lower The three-month nickel price on the London Metal Exchange recorded a sharp sell-off during morning trading on Monday November 11 on mounting fears that progress in a US-China trade deal could stall. http://www.metalbulletin.com/Article/3903635/LIVE-FUTURES-REPORT-1111-LME-nickel-price-sinks-22-on-trade-worries-tin-follows-lower.htmlMon, 11 Nov 2019 09:59:00 GMTSingapore rebar import prices continue rebound on higher scrap valuesImport prices for rebar into Singapore continued to rebound on the back of higher raw materials prices in the week to Monday, November 11. http://www.metalbulletin.com/Article/3903614/Singapore-rebar-import-prices-continue-rebound-on-higher-scrap-values.htmlMon, 11 Nov 2019 09:30:00 GMTCHINA REBAR: Warm weather boosts eastern region demand, but prices stay flat Eastern China’s rebar prices stayed flat on Monday, November 11, despite an increase in demand driven by the mild weather in the region. http://www.metalbulletin.com/Article/3903628/CHINA-REBAR-Warm-weather-boosts-eastern-region-demand-but-prices-stay-flat.htmlMon, 11 Nov 2019 09:08:00 GMTMORNING VIEW: LME base metals prices weaker as hopes for trade deal face headwindsConcerns that China-United States trade talks are not progressing as smoothly as hoped, with US President Donald Trump saying late last week that he had not agreed to roll back tariffs on imports from China, has dampened sentiment in the metals.http://www.metalbulletin.com/Article/3903627/MORNING-VIEW-LME-base-metals-prices-weaker-as-hopes-for-trade-deal-face-headwinds.htmlMon, 11 Nov 2019 08:30:00 GMTChina takes on ArcelorMittal with latest Shougang-Baowu share transferChina is looking to take on the world’s top steelmaker, ArcelorMittal, with a share transfer between Shougang and Baowu Steel. http://www.metalbulletin.com/Article/3903617/China-takes-on-ArcelorMittal-with-latest-Shougang-Baowu-share-transfer.htmlMon, 11 Nov 2019 07:30:00 GMTLIVE FUTURES REPORT 11/11: SHFE base metals prices mostly drift downward; tin up 0.5%With the exception of those for tin and zinc, base metals prices on the Shanghai Futures Exchange were mostly lower during the morning trading session on Monday November 11.http://www.metalbulletin.com/Article/3903618/LIVE-FUTURES-REPORT-1111-SHFE-base-metals-prices-mostly-drift-downward-tin-up-05.htmlMon, 11 Nov 2019 04:40:00 GMTGLOBAL BILLET WRAP: Price upswing spurred by scrap reboundSteel billet prices in most markets around the world continued on an upward trend in the week ended Friday November 8 amid a recovery in scrap prices in the bellwether Turkish import market. http://www.metalbulletin.com/Article/3903267/GLOBAL-BILLET-WRAP-Price-upswing-spurred-by-scrap-rebound.htmlMon, 11 Nov 2019 00:01:00 GMTBrazilian slab export prices stable; optimism increasesSlab export prices from Brazil were unchanged on Friday November 8 amid high iron ore costs and improved sentiment in the United States.http://www.metalbulletin.com/Article/3903597/Brazilian-slab-export-prices-stable-optimism-increases.htmlFri, 08 Nov 2019 22:54:00 GMTALUMINIUM FOUNDRY WRAP: European premiums slide; US premium maintains footingPrimary aluminium foundry alloy premiums in Europe fell to all-time lows on Friday November 8, while the premium in the United States held steady under quiet spot market conditions.http://www.metalbulletin.com/Article/3903585/ALUMINIUM-FOUNDRY-WRAP-European-premiums-slide-US-premium-maintains-footing.htmlFri, 08 Nov 2019 21:20:00 GMTSteel import prices mostly down in South America as recent upturn yet to be seenThe majority of steel import prices in South America fell slightly during the week ended Friday November 8, because the region had not yet caught up with the recent Chinese upturn and the latest deals had been settled at lower levels. http://www.metalbulletin.com/Article/3903586/Steel-import-prices-mostly-down-in-South-America-as-recent-upturn-yet-to-be-seen.htmlFri, 08 Nov 2019 20:26:00 GMTEUROPE ALLOY STEEL SCRAP: 18/8 steel scrap prices move up despite weak demandPrices for 18/8 stainless steel scrap increased this week in Europe despite market participants insisting that demand was still at “rock bottom”, sources told Fastmarkets on Friday November 8. http://www.metalbulletin.com/Article/3903584/EUROPE-ALLOY-STEEL-SCRAP-188-steel-scrap-prices-move-up-despite-weak-demand.htmlFri, 08 Nov 2019 19:31:00 GMTUK SCRAP: Light iron market up by another $6 per tonneThe inter-merchant spot market for light iron scrap in the UK moved up by £5 ($6) per tonne in the week ended Friday November 8, repeating the increase by a similar amount the week before, on steady domestic demand and higher European export prices. http://www.metalbulletin.com/Article/3903581/UK-SCRAP-Light-iron-market-up-by-another-6-per-tonne.htmlFri, 08 Nov 2019 18:40:00 GMTLIVE FUTURES REPORT 08/11: Dip buying sees LME nickel price hold above $16,000/t; tin tops gainsThe three-month nickel price on the London Metal Exchange staged a modest recovery at the close of trading on Friday November 8, settling back above nearby resistance after slipping below key resistance levels, while tin futures topped the gains with a 1% climb. http://www.metalbulletin.com/Article/3903583/LIVE-FUTURES-REPORT-0811-Dip-buying-sees-LME-nickel-price-hold-above-16000t-tin-tops-gains.htmlFri, 08 Nov 2019 18:23:00 GMTBATTERY RAW MATERIALS MARKET REPORT 08/11: Cobalt hydroxide payables, lithium prices under further pressure from thin buyingAn overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3903411/BATTERY-RAW-MATERIALS-MARKET-REPORT-0811-Cobalt-hydroxide-payables-lithium-prices-under-further.htmlFri, 08 Nov 2019 17:56:00 GMTEUROPE STAINLESS STEEL: Prices stabilize, market remains weak Stainless steel prices in Europe stabilized on Friday November 8 after falling €100 per tonne a week ago, but market participants told Fastmarkets that poor demand and plentiful supplies were still a major issue. http://www.metalbulletin.com/Article/3903574/EUROPE-STAINLESS-STEEL-Prices-stabilize-market-remains-weak.htmlFri, 08 Nov 2019 17:53:00 GMTUS PIG IRON: Market up on higher scrap pricesThe pig iron import market in the United States strengthened in the week ended Friday November 8 on higher scrap prices, sources told Fastmarkets. http://www.metalbulletin.com/Article/3903573/US-PIG-IRON-Market-up-on-higher-scrap-prices.htmlFri, 08 Nov 2019 17:49:00 GMTWEEKLY SCRAP WRAP: Global scrap prices up on Turkish price increaseGlobal scrap prices trended upward during the working week ended Friday November 8, boosted by higher Turkish imported scrap prices. http://www.metalbulletin.com/Article/3903569/WEEKLY-SCRAP-WRAP-Global-scrap-prices-up-on-Turkish-price-increase.htmlFri, 08 Nov 2019 17:30:00 GMTINDIA IMPORT SCRAP: Market pushed up by higher offersThe price of ferrous scrap imported into India has continued to climb this week, with further rises expected in the coming weeks, sources told Fastmarkets on Friday November 8.http://www.metalbulletin.com/Article/3903564/INDIA-IMPORT-SCRAP-Market-pushed-up-by-higher-offers.htmlFri, 08 Nov 2019 17:24:00 GMTMINOR METALS MARKET REPORT 08/11: Manganese flake hits new 4-yr low; cadmium fallsAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3903441/MINOR-METALS-MARKET-REPORT-0811-Manganese-flake-hits-new-4-yr-low-cadmium-falls.htmlFri, 08 Nov 2019 17:12:00 GMTIndian mills raise HRC export prices by $10-15 per tonneIndian producers of hot-rolled coil increased their export prices for the commodity by $10-15 per tonne in the week ended Friday November 8, with some mills claiming to have their order books full for the current calendar year. http://www.metalbulletin.com/Article/3903505/Indian-mills-raise-HRC-export-prices-by-10-15-per-tonne.htmlFri, 08 Nov 2019 16:50:00 GMTALUMINA ROUND-UP: Fob Australia price drops back to $280/t, Atlantic discount narrowsThe fob Australia alumina price retreated to $280 per tonne on Friday November 8 because of reduced liquidity and continued poor downstream demand.http://www.metalbulletin.com/Article/3903440/ALUMINA-ROUND-UP-Fob-Australia-price-drops-back-to-280t-Atlantic-discount-narrows.htmlFri, 08 Nov 2019 16:35:00 GMTNOBLE ALLOYS MARKET REPORT 08/11: Ferro-vanadium up 4% on improved sentiment An overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3903445/NOBLE-ALLOYS-MARKET-REPORT-0811-Ferro-vanadium-up-4-on-improved-sentiment.htmlFri, 08 Nov 2019 16:30:00 GMTCIS STEEL BILLET: Mills stick to December offers on reduced availability, higher scrap pricesCIS billet producers continued to insist on the prices that were offered to foreign customers earlier this month for December-rolling material, despite the lack of trading activity this week, Fastmarkets learnt on Friday November 8. http://www.metalbulletin.com/Article/3903443/CIS-STEEL-BILLET-Mills-stick-to-December-offers-on-reduced-availability-higher-scrap-prices.htmlFri, 08 Nov 2019 16:20:00 GMTTURKEY COATED FLAT STEEL: Domestic prices increase, export prices stableTurkish prices for hot-dipped galvanized coil (HDG), and color-coated coil or pre-painted galvanized iron (PPGI), increased in the week to Friday November 8, despite demand remaining weak, sources told Fastmarkets. http://www.metalbulletin.com/Article/3903365/TURKEY-COATED-FLAT-STEEL-Domestic-prices-increase-export-prices-stable.htmlFri, 08 Nov 2019 16:20:00 GMTPOLAND REBAR: Domestic mills to increase offers on anticipated rise in scrap costsDomestic rebar prices in Poland have been largely stable over the past seven days, but mills expect to increase their offer prices next week in response to rising scrap costs, sources told Fastmarkets on Friday November 8. http://www.metalbulletin.com/Article/3903304/POLAND-REBAR-Domestic-mills-to-increase-offers-on-anticipated-rise-in-scrap-costs.htmlFri, 08 Nov 2019 16:17:00 GMTTURKEY FLAT STEEL: Producers raise offers to reflect rising scrap pricesTurkish flat steel producers raised their offer prices during the week ended Friday November 8 on increasing raw material costs, even as demand in the region remained soft.http://www.metalbulletin.com/Article/3903305/TURKEY-FLAT-STEEL-Producers-raise-offers-to-reflect-rising-scrap-prices.htmlFri, 08 Nov 2019 16:11:00 GMTDAILY SCRAP REPORT: Prices stable, week ends with no new dealsTurkish steel producers remained out of the the deep-sea scrap markets on Friday November 8 after buying scrap cargoes earlier in the week, sources told Fastmarkets.http://www.metalbulletin.com/Article/3903444/DAILY-SCRAP-REPORT-Prices-stable-week-ends-with-no-new-deals.htmlFri, 08 Nov 2019 15:59:00 GMTNoranda Income Fund assessing impact of higher-impurity zinc concentratesNoranda Income Fund (NIF) is assessing the impact of a decline in the quality of global zinc concentrates on its facilities and what capital investments might be required to deal with it, the company said. http://www.metalbulletin.com/Article/3903261/Noranda-Income-Fund-assessing-impact-of-higher-impurity-zinc-concentrates.htmlFri, 08 Nov 2019 14:35:00 GMT TURKEY STEEL BILLET: Prices firm following the rise in scrap segmentPrices for imported and domestically produced billet in Turkey increased in the week to Thursday November 8, following the rise in the segment of scrap.http://www.metalbulletin.com/Article/3903257/TURKEY-STEEL-BILLET-Prices-firm-following-the-rise-in-scrap-segment.htmlFri, 08 Nov 2019 14:16:00 GMTIRON ORE DAILY: Derivatives tumble sends prices down to $80 per tonnePhysical 62% Fe iron ore prices dropped further to around $80 per tonne cfr on Friday November 8, following a plunge in the derivatives market. http://www.metalbulletin.com/Article/3903258/IRON-ORE-DAILY-Derivatives-tumble-sends-prices-down-to-80-per-tonne.htmlFri, 08 Nov 2019 14:15:00 GMTCHINA MINOR METALS MARKET REPORT 08/11: Weak futures hit indium price; silicon uptick gain momentumAn overview of the Chinese minor metals markets and the reasons for their latest price moves.http://www.metalbulletin.com/Article/3903226/CHINA-MINOR-METALS-MARKET-REPORT-0811-Weak-futures-hit-indium-price-silicon-uptick-gain-momentum.htmlFri, 08 Nov 2019 14:00:00 GMTGLOBAL LITHIUM WRAP: Sustained weak downstream market puts pressure on Chinese prices; US, Europe carbonate falls 4%China’s domestic spot battery-grade lithium compound prices tumbled week on week on Thursday November 7 after producers cut their offers to stimulate downstream buying, while the European and US carbonate price fell by $0.50 per kg after buyers faced little resistance to lower bids amid a well-supplied market. http://www.metalbulletin.com/Article/3903252/GLOBAL-LITHIUM-WRAP-Sustained-weak-downstream-market-puts-pressure-on-Chinese-prices-US-Europe.htmlFri, 08 Nov 2019 13:01:00 GMTBig drop in China’s 2020 scrap quota expected; scrap renaming happening soon, CMRA saysChina’s import quota system, which has restricted the inflow of scrap metal this year, will remain in place for another year, with a significant drop expected in the total quantity of quotas granted, the China Nonferrous Metals Industry Association (CMRA) said on November 7. http://www.metalbulletin.com/Article/3903255/Big-drop-in-Chinas-2020-scrap-quota-expected-scrap-renaming-happening-soon-CMRA-says.htmlFri, 08 Nov 2019 12:45:00 GMTIranian semi-finished steel exporters seek higher pricesIranian billet and slab exporters raised their offer prices in a bid to win deals at higher levels this week, with mills in no hurry to sell, market sources told Fastmarkets.http://www.metalbulletin.com/Article/3903227/Iranian-semi-finished-steel-exporters-seek-higher-prices.htmlFri, 08 Nov 2019 11:37:00 GMTNEWSBREAK: ICBC Standard Bank to close base metals trading unit ICBC Standard Bank plans to close down its base metals trading unit in the first half of 2020 amid unfavorable market conditions, the bank said on Friday November 8. http://www.metalbulletin.com/Article/3903254/NEWSBREAK-ICBC-Standard-Bank-to-close-base-metals-trading-unit.htmlFri, 08 Nov 2019 11:26:00 GMTCOKING COAL DAILY: Market participants hint at improving sentimentSeaborne coking coal prices regained some losses on Friday November 8, narrowing the weekly pace of decline slightly.http://www.metalbulletin.com/Article/3903222/COKING-COAL-DAILY-Market-participants-hint-at-improving-sentiment.htmlFri, 08 Nov 2019 11:20:00 GMTLIVE FUTURES REPORT 08/11: LME lead price sinks below $2,100/t; aluminium spreads tighten The London Metal Exchange three-month lead price slipped below an important resistance level in unexceptional trading conditions in the morning of Friday November 8. http://www.metalbulletin.com/Article/3903223/LIVE-FUTURES-REPORT-0811-LME-lead-price-sinks-below-2100t-aluminium-spreads-tighten.htmlFri, 08 Nov 2019 10:53:00 GMTTURKEY LONG STEEL EXPORTS: Costlier scrap drives prices upTurkish export rebar and wire rod prices picked up in the week to Thursday November 7 as values for imported scrap continued to rise.http://www.metalbulletin.com/Article/3903169/TURKEY-LONG-STEEL-EXPORTS-Costlier-scrap-drives-prices-up.htmlFri, 08 Nov 2019 10:31:00 GMTCHINA REBAR: Domestic prices slide on concerns of supply influx China’s domestic rebar prices retreated on Friday November 8 amid concerns over supply being channeled southward from the northern region amid falling temperatures.http://www.metalbulletin.com/Article/3903215/CHINA-REBAR-Domestic-prices-slide-on-concerns-of-supply-influx.htmlFri, 08 Nov 2019 09:59:00 GMTSoutheast Asia billet import prices boosted by scrap recoverySoutheast Asia’s steel billet prices increased in the week to Friday November 8 amid an upturn in ferrous scrap values in the bellwether Turkish market, sources told Fastmarkets. http://www.metalbulletin.com/Article/3903216/Southeast-Asia-billet-import-prices-boosted-by-scrap-recovery.htmlFri, 08 Nov 2019 09:58:00 GMTCHINA HRC: Thin trading forces prices downwardChina’s hot-rolled coil prices slid on Friday November 8 after trading activity thinned further.http://www.metalbulletin.com/Article/3903218/CHINA-HRC-Thin-trading-forces-prices-downward.htmlFri, 08 Nov 2019 09:53:00 GMTASIA FERROUS SCRAP: Price surge fuels buying interest in VietnamA recent price surge in global ferrous scrap markets has led to more buying interest in Vietnam, with buyers booking multiple cargoes this week.http://www.metalbulletin.com/Article/3903209/ASIA-FERROUS-SCRAP-Price-surge-fuels-buying-interest-in-Vietnam.htmlFri, 08 Nov 2019 09:51:00 GMTMORNING VIEW: LME base metals prices consolidate after Thursday’s show of strengthThe flip-flip nature of headlines surrounding trade talks between China and the United States is calling the tune in the markets; there was initial weakness on news that a signing of a partial trade deal would be delayed, but markets then turned higher after it was announced that progress had been made with both sides agreeing to remove some tariffs.http://www.metalbulletin.com/Article/3903212/MORNING-VIEW-LME-base-metals-prices-consolidate-after-Thursdays-show-of-strength.htmlFri, 08 Nov 2019 08:01:00 GMTLIVE FUTURES REPORT 08/11: SHFE copper outperforms on fresh trade optimismCopper outperformed its peers on the Shanghai Futures Exchange during the morning trading session on Friday November 8, with the red metal benefiting from renewed optimism after China said that the United States has agreed in principle to remove some tariffs as part of the first phase of a trade deal.http://www.metalbulletin.com/Article/3903210/LIVE-FUTURES-REPORT-0811-SHFE-copper-outperforms-on-fresh-trade-optimism.htmlFri, 08 Nov 2019 05:19:00 GMTArcelorMittal sees lower-than-expected steel consumption growth in BrazilArcelorMittal reduced its forecast for apparent steel consumption growth in Brazil in 2019 because of weak performance in the infrastructure sector as well as other industries in the supply chain.http://www.metalbulletin.com/Article/3903197/ArcelorMittal-sees-lower-than-expected-steel-consumption-growth-in-Brazil.htmlThu, 07 Nov 2019 23:35:00 GMTHOTTER ON METALS: Physical players, know your ship owner or pay the penaltiesIf you are a producer or consumer, or are active in the physical markets, then you had better be aware of a new set of regulations that will make it all the more important for you to choose the right logistics partner from next year. http://www.metalbulletin.com/Article/3903175/HOTTER-ON-METALS-Physical-players-know-your-ship-owner-or-pay-the-penalties.htmlThu, 07 Nov 2019 18:35:00 GMTLIVE FUTURES REPORT 07/11: LME copper price climbs 2% to breach $6,000/t; zinc follows higher The three-month copper price on the London Metal Exchange was higher at the close of trading on Thursday November 7, breaching the $6,000 per tonne resistance level just after the 5pm close for the first time since July, while the zinc futures price climbed by over 1%. http://www.metalbulletin.com/Article/3903177/LIVE-FUTURES-REPORT-0711-LME-copper-price-climbs-2-to-breach-6000t-zinc-follows-higher.htmlThu, 07 Nov 2019 17:41:00 GMTDAILY SCRAP REPORT: Deep-sea prices edge up after another deal for US materialDeep-sea scrap prices rose on Thursday November 7 after a Turkish steel mill bought a cargo of HMS 1&2 (80:20) and shredded scrap from the United States, continuing the trend for US material set earlier in the week, sources told Fastmarkets. http://www.metalbulletin.com/Article/3903168/DAILY-SCRAP-REPORT-Deep-sea-prices-edge-up-after-another-deal-for-US-material.htmlThu, 07 Nov 2019 16:56:00 GMTIndonesian nickel ore ban dictates sentiment at Yichang industrial event Nickel supply prompted the most heated discussions among market participants at the annual Antaike International Nickel & Cobalt Conference in Yichang on November 5-6, especially those involved in the electric vehicle (EV) battery raw materials supply chain, because of volatilities in the past two months. http://www.metalbulletin.com/Article/3903063/Indonesian-nickel-ore-ban-dictates-sentiment-at-Yichang-industrial-event.htmlThu, 07 Nov 2019 16:14:00 GMT AT A GLANCE: ArcelorMittal Q3 earnings fall on declining steel prices, higher raw material costsA summary of ArcelorMittal's financial results for the third quarter of 2019.http://www.metalbulletin.com/Article/3903062/AT-A-GLANCE-ArcelorMittal-Q3-earnings-fall-on-declining-steel-prices-higher-raw-material-costs.htmlThu, 07 Nov 2019 15:00:00 GMTEGYPT STEEL BILLET, REBAR: Rebar prices decrease despite higher billet chargesThe price for steel rebar in Egypt decreased in the week ended Thursday November 7 even as imports costs for steel billet rose, sources told Fastmarkets.http://www.metalbulletin.com/Article/3903057/EGYPT-STEEL-BILLET-REBAR-Rebar-prices-decrease-despite-higher-billet-charges.htmlThu, 07 Nov 2019 14:10:00 GMTMANGANESE SNAPSHOT: Traders eye possible production cuts to curb price slump Key data from the Wednesday November 6 pricing session in London. http://www.metalbulletin.com/Article/3902993/MANGANESE-SNAPSHOT-Traders-eye-possible-production-cuts-to-curb-price-slump.htmlThu, 07 Nov 2019 12:42:00 GMTINTERVIEW: The miner bringing on lead's next big project says price is 'just fine where it is'Galena Mining is looking to bring 90,000 tonnes of new lead production from its Abra mine in Australia to the market in 2022 and a continuation of current price levels for the metal would suit it 'just fine', its chief executive officer Alex Moleneux said.http://www.metalbulletin.com/Article/3902973/INTERVIEW-The-miner-bringing-on-leads-next-big-project-says-price-is-just-fine-where-it-is.htmlThu, 07 Nov 2019 12:20:00 GMTIRON ORE DAILY: Prices dip toward $83/t amid derivative lossesPhysical iron ore prices weakened further on Thursday November 7 amid losses in derivatives markets.http://www.metalbulletin.com/Article/3902997/IRON-ORE-DAILY-Prices-dip-toward-83t-amid-derivative-losses.htmlThu, 07 Nov 2019 12:05:00 GMTCOBALT HYDROXIDE SNAPSHOT: Suppliers cut payable offers to revive spot trade Key data from Wednesday November 7 pricing session in Shanghai and London. http://www.metalbulletin.com/Article/3902996/COBALT-HYDROXIDE-SNAPSHOT-Suppliers-cut-payable-offers-to-revive-spot-trade.htmlThu, 07 Nov 2019 12:04:00 GMTHebei Steel cuts silico-manganese tender price by $171/t for November Hebei Steel, China’s second largest steel mill, has announced its purchase price for silico-manganese will be 6,100 yuan ($870) per tonne for November delivery, down by 1,200 yuan per tonne from its October tender price, market sources told Fastmarkets on Thursday November 7. http://www.metalbulletin.com/Article/3902995/Hebei-Steel-cuts-silico-manganese-tender-price-by-171t-for-November.htmlThu, 07 Nov 2019 11:52:00 GMTCOKING COAL DAILY: Ex-China buyers return to market Buyers outside China have emerged in the seaborne coking coal market this month, with a Japanese buyer said to have returned to the market for premium products on Thursday November 7.http://www.metalbulletin.com/Article/3902974/COKING-COAL-DAILY-Ex-China-buyers-return-to-market.htmlThu, 07 Nov 2019 11:07:00 GMTCHINA HRC: Prices flat, but rising output dampens sentimentTrading activity in China’s hot-rolled coil market thinned on Thursday November 7 while prices stayed flat, with sentiment dampened by rising output.http://www.metalbulletin.com/Article/3902969/CHINA-HRC-Prices-flat-but-rising-output-dampens-sentiment.htmlThu, 07 Nov 2019 10:29:00 GMTLIVE FUTURES REPORT 07/11: LME copper continues incline in 1.2% uptick; Al back above $1,800/tThe three-month copper price on the London Metal Exchange increased during morning trading on Thursday November 7, with its price action nearing the $6,000-per-tonne resistance level against a sizable turnover. http://www.metalbulletin.com/Article/3902972/LIVE-FUTURES-REPORT-0711-LME-copper-continues-incline-in-12-uptick-Al-back-above-1800t.htmlThu, 07 Nov 2019 10:05:00 GMTCHINA REBAR: Lower inventories prop up domestic prices, but futures fallChina’s domestic rebar prices edged up further on Thursday November 7 on declining inventory levels, though the futures market registered a drop on a pessimistic outlook. http://www.metalbulletin.com/Article/3902967/CHINA-REBAR-Lower-inventories-prop-up-domestic-prices-but-futures-fall.htmlThu, 07 Nov 2019 09:23:00 GMTPRICING NOTICE: Fastmarkets consultation on daily cobalt pricing - deadline approachingFastmarkets invites market feedback on a consultation on a proposed increase in the frequency of its benchmark prices for cobalt standard grade and cobalt alloy grade, in-whs Rotterdam, to daily. http://www.metalbulletin.com/Article/3897916/PRICING-NOTICE-Fastmarkets-consultation-on-daily-cobalt-pricing-deadline-approaching.htmlThu, 07 Nov 2019 09:21:00 GMTGlobal nickel supply deficit to shrink in 2020 as Indonesia ramps up NPI outputThe global nickel supply deficit is set to narrow to 20,000 tonnes of nickel units next year, mainly due to a ramp up in Indonesian nickel pig iron (NPI) output, Beijing Antaike Information chief analyst Aidong Xu told delegates at a conference in Yichang, China.http://www.metalbulletin.com/Article/3902964/Global-nickel-supply-deficit-to-shrink-in-2020-as-Indonesia-ramps-up-NPI-output.htmlThu, 07 Nov 2019 09:20:00 GMTNEWSBREAK: Fanya bismuth stocks to be auctioned on Nov 22Southwestern China’s Kunming Intermediate People’s Court is auctioning the 19,228.05 tonnes of bismuth once held by the defunct Fanya Metal Exchange, according to an official notice published via the Alibaba judicial online platform on Thursday November 7.http://www.metalbulletin.com/Article/3902966/NEWSBREAK-Fanya-bismuth-stocks-to-be-auctioned-on-Nov-22.htmlThu, 07 Nov 2019 09:14:00 GMTMORNING VIEW: LME base metals prices weaker after signing of potential trade deal postponedReports from the United States that the signing of a partial trade deal with China may be delayed until December has deflated recent enthusiasm; a trade deal, or even a partial trade deal, is still illusive – this has been going on for 16 months now.http://www.metalbulletin.com/Article/3902963/MORNING-VIEW-LME-base-metals-prices-weaker-after-signing-of-potential-trade-deal-postponed.htmlThu, 07 Nov 2019 08:33:00 GMTChinese manganese ore imports up by 27% in Jan-SepChina imported around 24.46 million tonnes of manganese ore in the first three quarters of 2019, an increase of 27.3% from 19.22 million tonnes in the same period of 2018, according to official but unconfirmed data seen by Fastmarkets.http://www.metalbulletin.com/Article/3902962/Chinese-manganese-ore-imports-up-by-27-in-Jan-Sep.htmlThu, 07 Nov 2019 07:45:00 GMTLIVE FUTURES REPORT 07/11: SHFE base metals mostly prices down; nickel outperforms with 1% gainBarring those for nickel and tin, base metals prices on the Shanghai Futures Exchange were all down during the morning trading session on Thursday November 7.http://www.metalbulletin.com/Article/3902960/LIVE-FUTURES-REPORT-0711-SHFE-base-metals-mostly-prices-down-nickel-outperforms-with-1-gain.htmlThu, 07 Nov 2019 04:45:00 GMTLIVE FUTURES REPORT 06/11: LME lead price shows biggest loss in 1.7% downturn; tin up 0.5%The three-month lead price on the London Metal Exchange was lower at the close of trading on Wednesday November 6, settling at its lowest level since early October, while tin’s outright price was the only positive move over the day’s trading. http://www.metalbulletin.com/Article/3902927/LIVE-FUTURES-REPORT-0611-LME-lead-price-shows-biggest-loss-in-17-downturn-tin-up-05.htmlWed, 06 Nov 2019 19:22:00 GMTEUROPE WIRE ROD: Prices stable but rises expected on higher scrap costsThe price of steel wire rod in Europe was largely unchanged this week although increases were expected in light of the price rises seen in the Turkish scrap market since the beginning of October, sources told Fastmarkets on Wednesday November 6. http://www.metalbulletin.com/Article/3902926/EUROPE-WIRE-ROD-Prices-stable-but-rises-expected-on-higher-scrap-costs.htmlWed, 06 Nov 2019 19:10:00 GMTPRICING NOTICE: Launch of equivalent-grade copper cathode premium assessmentsFollowing a month-long consultation period and several months of pre-consultation research, Fastmarkets will launch a fortnightly price assessment for non-exchange-deliverable equivalent-grade (EQ) copper cathode premiums/discounts starting from Tuesday November 19. http://www.metalbulletin.com/Article/3902832/PRICING-NOTICE-Launch-of-equivalent-grade-copper-cathode-premium-assessments.htmlWed, 06 Nov 2019 19:06:00 GMTSOUTHERN EUROPE REBAR: Scrap costs drive price to narrow upward, further gains likelyThe price of steel rebar in the Southern Europe domestic market narrowed upward this week on higher scrap costs since the beginning of October, with further increases expected in the coming weeks, sources told Fastmarkets on Wednesday November 6. http://www.metalbulletin.com/Article/3902924/SOUTHERN-EUROPE-REBAR-Scrap-costs-drive-price-to-narrow-upward-further-gains-likely.htmlWed, 06 Nov 2019 18:55:00 GMTNORTHERN EUROPE REBAR: Prices narrow upward as higher scrap costs biteThe price range for steel rebar in the Northern European domestic market narrowed upward this week with higher ferrous scrap costs in October beginning to be reflected, sources told Fastmarkets on Wednesday November 6. http://www.metalbulletin.com/Article/3902920/NORTHERN-EUROPE-REBAR-Prices-narrow-upward-as-higher-scrap-costs-bite.htmlWed, 06 Nov 2019 18:42:00 GMTEUROPE SECTIONS: Prices gain stability as Ilva news disrupts tradingPrices for hollow steel sections in Northern and Southern Europe were unchanged this week while market participants digested the news about ArcelorMittal pulling out of the deal to buy Ilva, market sources told Fastmarkets on Wednesday November 6. http://www.metalbulletin.com/Article/3902919/EUROPE-SECTIONS-Prices-gain-stability-as-Ilva-news-disrupts-trading.htmlWed, 06 Nov 2019 17:50:00 GMTNOBLE ALLOYS MARKET REPORT 06/11: Molybdenum prices continue downtrend amid weakening demandAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3902837/NOBLE-ALLOYS-MARKET-REPORT-0611-Molybdenum-prices-continue-downtrend-amid-weakening-demand.htmlWed, 06 Nov 2019 17:09:00 GMTDAILY SCRAP REPORT: Prices remain steady in latest US cargo tradeA Turkish steel mill purchased a cargo of ferrous scrap material from the United States at broadly stable prices on Wednesday November 6, following the trend seen in several other cargoes purchased earlier this week, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3902914/DAILY-SCRAP-REPORT-Prices-remain-steady-in-latest-US-cargo-trade.htmlWed, 06 Nov 2019 16:58:00 GMTAdequate domestic cobalt supply, languishing demand dampen Chinese appetite for imported metal - sources Chinese buyers’ appetite for imported cobalt metal is likely to shrink in the near future because domestic supply is increasing and there is little room for demand to increase, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3902846/Adequate-domestic-cobalt-supply-languishing-demand-dampen-Chinese-appetite-for-imported-metal-sources.htmlWed, 06 Nov 2019 16:56:00 GMTEUROPE HRC: Domestic offers to rise on lower import pressure, expected output cuts in ItalyDomestic prices for hot-rolled coil (HRC) in Europe have been stable over the past week, but offer prices for material were expected to move upward, sources told Fastmarkets on Wednesday November 6. http://www.metalbulletin.com/Article/3902849/EUROPE-HRC-Domestic-offers-to-rise-on-lower-import-pressure-expected-output-cuts-in-Italy.htmlWed, 06 Nov 2019 16:40:00 GMT CIS STEEL BILLET: Sellers fail to win deals at higher prices despite uptick in scrap segmentCIS billet suppliers failed to win deals at desired higher levels set over the past week despite the uptick in scrap prices as customers preferred to refrain from bookings amid slow demand for finished long steel products.http://www.metalbulletin.com/Article/3902845/CIS-STEEL-BILLET-Sellers-fail-to-win-deals-at-higher-prices-despite-uptick-in-scrap-segment.htmlWed, 06 Nov 2019 16:10:00 GMTGLOBAL NICKEL WRAP: China nickel discounts swing back to premiums on fresh arb opportunityDiscounts for full-plate nickel cathodes in China swung back into premiums in the week to Tuesday November 5 and a newly-opened arbitrage import window refreshed spot appetite for material in the region, while buyers in Europe and the United States remained firmly on the sidelines. http://www.metalbulletin.com/Article/3902842/GLOBAL-NICKEL-WRAP-China-nickel-discounts-swing-back-to-premiums-on-fresh-arb-opportunity.htmlWed, 06 Nov 2019 16:09:00 GMTGLOBAL ZINC & LEAD WRAP: Zinc backwardation caps spot activity; Taiwan lead premium ticks up Most zinc market focus was directed to long-term supply contracts that kicked off last week, keeping spot premiums quiet for most regions; meanwhile, the Taiwanese lead premium was the only mover this week. http://www.metalbulletin.com/Article/3902835/GLOBAL-ZINC-and-LEAD-WRAP-Zinc-backwardation-caps-spot-activity-Taiwan-lead-premium-ticks-up.htmlWed, 06 Nov 2019 16:04:00 GMTEUROPE BEAMS: Prices dip on lack of clarity over market directionSteel H-beam prices in Northern Europe moved down this week due to uncertainty over rising feedstock costs and weak demand, sources told Fastmarkets on Wednesday November 6. http://www.metalbulletin.com/Article/3902844/EUROPE-BEAMS-Prices-dip-on-lack-of-clarity-over-market-direction.htmlWed, 06 Nov 2019 16:02:00 GMTIndian steelmakers predict reduction in subsidies after WTO ruling on exportsIndian steel manufacturers expect the Indian government to trim its support for their exports following an adverse ruling by the World Trade Organization in a subsidy dispute brought by the United States. http://www.metalbulletin.com/Article/3902836/Indian-steelmakers-predict-reduction-in-subsidies-after-WTO-ruling-on-exports.htmlWed, 06 Nov 2019 15:37:00 GMTFirst Quantum signs 15-year Cobre Panama offtake agreement with LS Nikko - sources First Quantum has agreed to supply South Korean copper smelter LS Nikko with copper concentrates from its Cobre Panama project over a period of 15 years, sources with direct knowledge of the matter confirmed with Fastmarkets. http://www.metalbulletin.com/Article/3902839/First-Quantum-signs-15-year-Cobre-Panama-offtake-agreement-with-LS-Nikko-sources.htmlWed, 06 Nov 2019 15:10:00 GMT‘Driving range anxiety’ to propel nickel-rich battery development – Ronbay chairman saysDespite a recent slowdown in the development of nickel-rich lithium ion batteries for use in the electric vehicle (EV) sector, certain types of these batteries will continue to penetrate the market due to so called “driving range anxiety”, according to the chairman of Ningbo Ronbay New Energy Technology Co.http://www.metalbulletin.com/Article/3902720/Driving-range-anxiety-to-propel-nickel-rich-battery-developmentRonbay-chairman-says.htmlWed, 06 Nov 2019 15:00:00 GMTALUMINIUM ARB INDICATOR: Weak US aluminium market stifles arbitrage opportunitiesA falling US Midwest aluminium premium, stronger currencies in Asia and sustained higher freight rates have limited estimated arbitrage opportunities between aluminium warehouses in Asia and the United States.http://www.metalbulletin.com/Article/3902833/ALUMINIUM-ARB-INDICATOR-Weak-US-aluminium-market-stifles-arbitrage-opportunities.htmlWed, 06 Nov 2019 14:26:00 GMTLME WEEK 2019: Lithium could see further boom-bust cycles in long term Demand for lithium carbonate is probably fully covered until 2025, but the market could return to undersupply due to the current investor hesitance to invest in the lithium supply chain. http://www.metalbulletin.com/Article/3902823/LME-WEEK-2019-Lithium-could-see-further-boom-bust-cycles-in-long-term.htmlWed, 06 Nov 2019 12:06:00 GMTIRON ORE DAILY: Mid-grade seaborne iron ore remains below $84/t Mid-grade seaborne iron ore prices were rangebound on Wednesday November 6 amid continued uncertainty in the market.http://www.metalbulletin.com/Article/3902819/IRON-ORE-DAILY-Mid-grade-seaborne-iron-ore-remains-below-84t.htmlWed, 06 Nov 2019 11:46:00 GMTGLOBAL COPPER WRAP: Shanghai premiums sink to 2-mth low, US levels rise With annual contract "mating season" truly under way following LME Week in London, spot copper cathode buying has slowed; meanwhile a seasonal tendency for consumers to de-stock at year-end is negatively affecting premiums in Asia but US levels have increased with regional supply in limbo. http://www.metalbulletin.com/Article/3902816/GLOBAL-COPPER-WRAP-Shanghai-premiums-sink-to-2-mth-low-US-levels-rise.htmlWed, 06 Nov 2019 11:43:00 GMTCOKING COAL DAILY: Premium low-vol products fetch lower prices in ChinaPrices for seaborne premium low-vol coking coal weakened on Wednesday November 6 amid deteriorating sentiment.http://www.metalbulletin.com/Article/3902821/COKING-COAL-DAILY-Premium-low-vol-products-fetch-lower-prices-in-China.htmlWed, 06 Nov 2019 11:25:00 GMTUkraine’s Metinvest increases HRC output, aims to regain its global market share Ukraine steelmaker Metinvest will increase hot-rolled coil shipments after the start of a new rolling line at its Ilyich Iron and Steel Works in Mariupol, a move that will help the company to regain its share of the global HRC market, Metinvest's sales director Dmitriy Nikolaenko said.http://www.metalbulletin.com/Article/3902811/Ukraines-Metinvest-increases-HRC-output-aims-to-regain-its-global-market-share.htmlWed, 06 Nov 2019 10:59:00 GMTLIVE FUTURES REPORT 06/11: LME base metals prices capped by low volumes despite stock outflows London Metal Exchange three-month base metals prices were broadly trading down in the morning session on Wednesday November 6, suppressed by low trading volumes despite stocks flowing out across all the metals today. http://www.metalbulletin.com/Article/3902814/LIVE-FUTURES-REPORT-0611-LME-base-metals-prices-capped-by-low-volumes-despite-stock-outflows.htmlWed, 06 Nov 2019 10:26:00 GMTCHINA HRC: Export segment turning into seller's marketExport prices for Chinese hot-rolled coil strengthened further on Wednesday November 6 amid rising domestic prices and higher bids emerging among overseas buyers. http://www.metalbulletin.com/Article/3902809/CHINA-HRC-Export-segment-turning-into-sellers-market.htmlWed, 06 Nov 2019 10:23:00 GMTCHINA REBAR: Loan rate cut continues to support futuresChina’s rebar futures rose again on Wednesday November 6 amid bullish sentiment following a cut in loan rates by the country's central bank at the start of the week, which pushed up spot rebar prices. http://www.metalbulletin.com/Article/3902807/CHINA-REBAR-Loan-rate-cut-continues-to-support-futures.htmlWed, 06 Nov 2019 09:15:00 GMTMORNING VIEW: LME base metals prices consolidate, waiting for more progress on trade dealBroader markets were little changed this morning, Wednesday November 6, while participants await further news on the likelihood of a “phase one” trade deal between the United States and China. http://www.metalbulletin.com/Article/3902805/MORNING-VIEW-LME-base-metals-prices-consolidate-waiting-for-more-progress-on-trade-deal.htmlWed, 06 Nov 2019 08:11:00 GMTVale failed to report anomalies before tailings dam disaster, Brazilian regulator saysBrazil’s national mining agency, ANM, has concluded that Vale failed to report anomalies before a deadly disaster breach occurred at a tailings dam in its Córrego do Feijão mine in January.http://www.metalbulletin.com/Article/3902786/Vale-failed-to-report-anomalies-before-tailings-dam-disaster-Brazilian-regulator-says.htmlWed, 06 Nov 2019 07:37:00 GMTChina approves much smaller quota for copper scrap importsChina has approved a sixth copper scrap import quota to allow an additional 11,110 tonnes of copper scrap into the country by the end of this year, the environmental ministry said on Tuesday November 5.http://www.metalbulletin.com/Article/3902803/China-approves-much-smaller-quota-for-copper-scrap-imports.htmlWed, 06 Nov 2019 06:51:00 GMTLIVE FUTURES REPORT 06/11: SHFE copper price marginally up, others fallCopper was the lone base metal on the Shanghai Futures Exchange to record a gain during the morning trading session on Wednesday November 6, with growing supply concerns providing support.http://www.metalbulletin.com/Article/3902792/LIVE-FUTURES-REPORT-0611-SHFE-copper-price-marginally-up-others-fall.htmlWed, 06 Nov 2019 04:42:00 GMTGLOBAL ALUMINIUM WRAP: European premiums slide on LME backwardation; global aluminium markets bearishA widening backwardation in London Metal Exchange aluminium forward price spreads has led to physical premiums declining in Europe while stirring bearish sentiment elsewhere around the world.http://www.metalbulletin.com/Article/3902751/GLOBAL-ALUMINIUM-WRAP-European-premiums-slide-on-LME-backwardation-global-aluminium-markets-bearish.htmlWed, 06 Nov 2019 03:25:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 05/11A summary of base metals premiums from across the globe for the week to Tuesday November 5. http://www.metalbulletin.com/Article/3902754/WEEKLY-BASE-METAL-PREMIUMS-REPORT-0511.htmlTue, 05 Nov 2019 21:58:00 GMTMexican ferrous scrap prices inch up in Monterrey, hold in Bajío on low supplyPrices for ferrous scrap in Mexico increased slightly in the northern steelmaking region of Monterrey in the week to Tuesday November 5, while prices were flat in the central steelmaking region of Bajio. http://www.metalbulletin.com/Article/3902763/Mexican-ferrous-scrap-prices-inch-up-in-Monterrey-hold-in-Bajo-on-low-supply.htmlTue, 05 Nov 2019 20:30:00 GMTTURKEY FLAT STEEL WRAP: Prices continue to fall in October on weak demandDemand for flat steel products in Turkey remained weak in October because of the decline in global prices, market participants told Fastmarkets on Tuesday, November 5. http://www.metalbulletin.com/Article/3902755/TURKEY-FLAT-STEEL-WRAP-Prices-continue-to-fall-in-October-on-weak-demand.htmlTue, 05 Nov 2019 20:24:00 GMTDAILY SCRAP REPORT: Market silent after previous day’s bookingsTurkish steel mills stepped back from the deep-sea markets on Tuesday November 5, following the purchase of several cargoes the previous day, sources told Fastmarkets.http://www.metalbulletin.com/Article/3902690/DAILY-SCRAP-REPORT-Market-silent-after-previous-days-bookings.htmlTue, 05 Nov 2019 17:40:00 GMTLIVE FUTURES REPORT 05/11: LME copper price approaches $6,000/t on supply-side worries The three-month copper price traded on the London Metal Exchange almost closed the gap on its psychological $6,000 per tonne level, with growing supply concerns bolstering consumption and precipitating a significantly higher turnover on Tuesday November 5. http://www.metalbulletin.com/Article/3902750/LIVE-FUTURES-REPORT-0511-LME-copper-price-approaches-6000t-on-supply-side-worries.htmlTue, 05 Nov 2019 17:40:00 GMTFOCUS: China’s interest in imported billet shrinks on higher costs; slab in demand amid higher HRC pricesChinese re-rollers' interest in imported billet has waned in recent weeks following a surge in prices in the major global markets, sources told Fastmarkets.http://www.metalbulletin.com/Article/3902660/FOCUS-Chinas-interest-in-imported-billet-shrinks-on-higher-costs-slab-in-demand-amid-higher-HRC.htmlTue, 05 Nov 2019 17:22:00 GMTPRICING NOTICE: Proposal to change frequency of germanium, tellurium assessments Fastmarkets is proposing to reduce the frequency of publication of its European germanium metal and tellurium assessments and Chinese germanium dioxide assessment. http://www.metalbulletin.com/Article/3902584/PRICING-NOTICE-Proposal-to-change-frequency-of-germanium-tellurium-assessments.htmlTue, 05 Nov 2019 16:27:00 GMTChinese nickel full plate discounts return to premiums on re-opening of arb window Discounts for nickel full plate cathodes in the Chinese import market flipped to premiums on Tuesday November 5 following a sudden opening of the import window over the week. http://www.metalbulletin.com/Article/3902587/Chinese-nickel-full-plate-discounts-return-to-premiums-on-re-opening-of-arb-window.htmlTue, 05 Nov 2019 16:05:00 GMTSlowing Chinese EV output growth in H2 caused by subsidy cut; NCM batteries continues to dominate Electric vehicle (EV) production growth in China has slowed over the second half of this year, dropping more quickly than the market expected, Houshan Bai, chairman of Ningbo Ronbay New Energy Technology Co, told delegates at a nickel and cobalt conference on Tuesday November 5. http://www.metalbulletin.com/Article/3902599/Slowing-Chinese-EV-output-growth-in-H2-caused-by-subsidy-cut-NCM-batteries-continues-to-dominate.htmlTue, 05 Nov 2019 16:00:00 GMTPRICING NOTICE: Proposal to launch equivalent grade copper cathode premium assessment Following a period of market research in the copper cathode market, Fastmarkets proposes to launch fortnightly assessments of equivalent grade (EQ) copper cathode premiums, basis cif Europe and Shanghai. http://www.metalbulletin.com/Article/3896680/PRICING-NOTICE-Proposal-to-launch-equivalent-grade-copper-cathode-premium-assessment.htmlTue, 05 Nov 2019 15:43:00 GMTTurkish flat steel exports down by 22% year-on-year in SeptemberTurkish exports of flat steel products declined by 21.8% year-on-year to 393,716 tonnes in September 2019, according to the Turkish Statistical Institute (TUIK).http://www.metalbulletin.com/Article/3902585/Turkish-flat-steel-exports-down-by-22-year-on-year-in-September.htmlTue, 05 Nov 2019 15:23:00 GMTGLOBAL MANGANESE SNAPSHOT: Higher-grade ore dives further, finds buyers [CORRECTED]Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 1.http://www.metalbulletin.com/Article/3902329/GLOBAL-MANGANESE-SNAPSHOT-Higher-grade-ore-dives-further-finds-buyers-[CORRECTED].htmlTue, 05 Nov 2019 14:58:00 GMTHOTTER ON METALS: Aluminium producers clash over carbon conundrum Most major aluminium producers agree that tackling the carbon intensity of the smelting process is one of the biggest challenges facing their industry. http://www.metalbulletin.com/Article/3902596/HOTTER-ON-METALS-Aluminium-producers-clash-over-carbon-conundrum.htmlTue, 05 Nov 2019 14:26:00 GMTGULF FLAT STEEL IMPORTS: HRC prices down on lower offers, weak demandHot-rolled coil import prices in the United Arab Emirates and Saudi Arabia have gone down this week on lower offers, sources told Fastmarkets on Tuesday November 5. http://www.metalbulletin.com/Article/3902598/GULF-FLAT-STEEL-IMPORTS-HRC-prices-down-on-lower-offers-weak-demand.htmlTue, 05 Nov 2019 14:15:00 GMTGULF STEEL BILLET, REBAR: Import prices fall but domestic prices holdImport prices for steel billet and rebar in the United Arab Emirates have decreased over the past week, but domestic rebar prices remained stable, market sources said on Tuesday November 5. http://www.metalbulletin.com/Article/3902594/GULF-STEEL-BILLET-REBAR-Import-prices-fall-but-domestic-prices-hold.htmlTue, 05 Nov 2019 14:02:00 GMTCOKING COAL DAILY: Prices steady but bearish sentiment remainsSeaborne coking coal prices remained steady on Tuesday November 5, with premium mid-vol cargoes fetching around $140-142 per tonne cfr China this week, largely in line with last week’s levels. http://www.metalbulletin.com/Article/3902583/COKING-COAL-DAILY-Prices-steady-but-bearish-sentiment-remains.htmlTue, 05 Nov 2019 13:30:00 GMTFOCUS: Will the LME’s new trading platform launch bring desired functionality to market?The London Metal Exchange’s plans to launch a new trading platform in 2021 could bring a host of new functionality enhancements to its electronic and inter-office market, from variable tick sizes to additional order types and greater self-service user management.http://www.metalbulletin.com/Article/3902578/FOCUS-Will-the-LMEs-new-trading-platform-launch-bring-desired-functionality-to-market.htmlTue, 05 Nov 2019 12:42:00 GMTIRON ORE DAILY: Seaborne prices rangebound as market remains cautious of high inventories, demand lull in winterSeaborne iron ore prices were rangebound on Tuesday November 5, with market participants remaining jittery over high inventories and the upcoming demand lull over the winter season.http://www.metalbulletin.com/Article/3902569/IRON-ORE-DAILY-Seaborne-prices-rangebound-as-market-remains-cautious-of-high-inventories-demand-lull.htmlTue, 05 Nov 2019 11:52:00 GMTCHINA HRC: Exporters raise offers on domestic gains, higher overseas bidsChina’s hot-rolled coil exporters issue higher offers on Tuesday November 5 after a strengthening of the domestic market and amid the emergence of higher overseas bids.http://www.metalbulletin.com/Article/3902545/CHINA-HRC-Exporters-raise-offers-on-domestic-gains-higher-overseas-bids.htmlTue, 05 Nov 2019 10:10:00 GMTGLOBAL ANTIMONY SNAPSHOT: Chinese, European assessments static; market polarized on next price move Key data from the pricing sessions in Asia and Europe in the week to Friday November 1. http://www.metalbulletin.com/Article/3902423/GLOBAL-ANTIMONY-SNAPSHOT-Chinese-European-assessments-static-market-polarized-on-next-price-move.htmlTue, 05 Nov 2019 10:00:00 GMTLIVE FUTURES REPORT 05/11: Upbeat complex sees LME copper price above $5,900/t; Al tops turnoverThe three-month copper price on the London Metal Exchange was higher across morning trading on Tuesday November 5, with price action boosted by a softer dollar index and positive forward spreads. http://www.metalbulletin.com/Article/3902546/LIVE-FUTURES-REPORT-0511-Upbeat-complex-sees-LME-copper-price-above-5900t-Al-tops-turnover.htmlTue, 05 Nov 2019 09:48:00 GMTChina’s CRC, HDG export prices rise amid steady domestic pricesExport prices for Chinese cold-rolled coil and hot-dipped galvanized coil firmed during the week to Tuesday November 5 as producers refused to lower their asking prices while they are able to obtain better prices domestically, sources told Fastmarkets.http://www.metalbulletin.com/Article/3902543/Chinas-CRC-HDG-export-prices-rise-amid-steady-domestic-prices.htmlTue, 05 Nov 2019 09:42:00 GMTIndonesian nickel laterite ore exports resume gradually following mine crackdown, participants sayShipments of nickel laterite ore from Indonesia have resumed gradually following a crackdown on nickel mines in the country on October 25, delegates attending the China International Nickel & Cobalt Conference in Yichang, Central China, told Fastmarkets on Tuesday November 5.http://www.metalbulletin.com/Article/3902539/Indonesian-nickel-laterite-ore-exports-resume-gradually-following-mine-crackdown-participants-say.htmlTue, 05 Nov 2019 09:35:00 GMTCHINA REBAR: Trading drops in Shanghai amid transport curbsChinese rebar prices picked up on Tuesday November 5 despite a dip in trading activity caused by transport curbs put up in conjunction with the China International Import Expo in Shanghai amid gains in the futures market.http://www.metalbulletin.com/Article/3902544/CHINA-REBAR-Trading-drops-in-Shanghai-amid-transport-curbs.htmlTue, 05 Nov 2019 09:30:00 GMTGLOBAL VANADIUM WRAP: China's ferro-vanadium price tumbles 11%; V2O5 tracks downtrendThe global vanadium market remained under pressure last week from poor buying interest and good spot availability.http://www.metalbulletin.com/Article/3902400/GLOBAL-VANADIUM-WRAP-Chinas-ferro-vanadium-price-tumbles-11-V2O5-tracks-downtrend.htmlTue, 05 Nov 2019 08:15:00 GMTMORNING VIEW: LME base metals prices calm despite US-China trade progressThe combination of some easing in Chinese lending rates and talk that United States officials may be prepared to drop some tariffs on China has led to more risk-on in broader markets.http://www.metalbulletin.com/Article/3902542/MORNING-VIEW-LME-base-metals-prices-calm-despite-US-China-trade-progress.htmlTue, 05 Nov 2019 08:07:00 GMTLIVE FUTURES REPORT 05/11: SHFE copper price up amid easing trade tensions; nickel falls by 2.6%Copper prices on the Shanghai Futures Exchange edged up during the morning trading session on Tuesday November 5, supported by improved risk sentiment following positive trade developments.http://www.metalbulletin.com/Article/3902538/LIVE-FUTURES-REPORT-0511-SHFE-copper-price-up-amid-easing-trade-tensions-nickel-falls-by-26.htmlTue, 05 Nov 2019 04:52:00 GMTGLOBAL FERRO-SILICON WRAP: Global prices steady on limited spot buyingTightness was beginning to show in the European market for ferro-silicon in the week ended Friday November 1, but prices in China held steady despite lower interest among potential buyers, and the US market remained flat. http://www.metalbulletin.com/Article/3902435/GLOBAL-FERRO-SILICON-WRAP-Global-prices-steady-on-limited-spot-buying.htmlMon, 04 Nov 2019 19:05:00 GMTMetinvest slab sales up 50% year on year in Q3Ukraine’s sole flat steel producer Metinvest significantly increased slab sales in the third quarter of 2019, helped by the commissioning of a new continuous casting machine at its Illych Iron & Steel Works earlier this year. http://www.metalbulletin.com/Article/3902470/Metinvest-slab-sales-up-50-year-on-year-in-Q3.htmlMon, 04 Nov 2019 18:29:00 GMTCIS FLAT STEEL: Prices stabilize but market too weak for risesExport prices for hot-rolled and cold-rolled coil from the Commonwealth of Independent States stabilized during the week ended Monday November 4, although demand was too weak to support mills’ attempts to increase prices. http://www.metalbulletin.com/Article/3902501/CIS-FLAT-STEEL-Prices-stabilize-but-market-too-weak-for-rises.htmlMon, 04 Nov 2019 17:58:00 GMTLIVE FUTURES REPORT 04/11: High turnover bolsters LME aluminium price surge; nickel falls 2.7% The London Metal Exchange three-month aluminium price closed at $1,815 per tonne on Monday November 4, its highest price since September following 13-month-high daily trading volumes. http://www.metalbulletin.com/Article/3902504/LIVE-FUTURES-REPORT-0411-High-turnover-bolsters-LME-aluminium-price-surge-nickel-falls-27.htmlMon, 04 Nov 2019 17:48:00 GMTAntofagasta cuts 2019 copper output guidance amid demonstrations in ChileCopper miner Antofagasta has cut its 2019 copper production guidance by 10,000 tonnes after demonstrations and unrest affected its operations in Chile.http://www.metalbulletin.com/Article/3902497/Antofagasta-cuts-2019-copper-output-guidance-amid-demonstrations-in-Chile.htmlMon, 04 Nov 2019 17:36:00 GMTGLOBAL CHROME WRAP: Ore suppliers cut offers to stimulate weak market; European alloy market supported by tightening supply The UG2 chrome ore index slid again in China after poor demand prompted suppliers to lower their offers in the week to Friday November 1, while falling ferro-chrome supply in Europe helped the regional high-carbon market edge up by 0.6%. http://www.metalbulletin.com/Article/3902433/GLOBAL-CHROME-WRAP-Ore-suppliers-cut-offers-to-stimulate-weak-market-European-alloy-market-supported.htmlMon, 04 Nov 2019 17:20:00 GMTCIS LONG STEEL EXPORT: Weak demand pressures wire rod pricesCIS export wire rod prices have softened at the beginning of November on limited demand in the major sales outlets, according to market sources.http://www.metalbulletin.com/Article/3902441/CIS-LONG-STEEL-EXPORT-Weak-demand-pressures-wire-rod-prices.htmlMon, 04 Nov 2019 17:04:00 GMTCOKING COAL DAILY: Trading activity quiet as market mulls direction (CORRECTED)Participants in the seaborne coking coal market are maintaining a bearish outlook amid quiet trading, with many divided on the price gap between premium low-vol and mid-vol cargoes.http://www.metalbulletin.com/Article/3902405/COKING-COAL-DAILY-Trading-activity-quiet-as-market-mulls-direction-CORRECTED.htmlMon, 04 Nov 2019 16:57:00 GMTPRICING NOTICE: Proposal to amend Fastmarkets’ cif Shanghai ferro-chrome index Fastmarkets proposes to change its cif Shanghai ferro-chrome index to a single-figure price assessment and change the location from Shanghai to main Chinese ports http://www.metalbulletin.com/Article/3902440/PRICING-NOTICE-Proposal-to-amend-Fastmarkets-cif-Shanghai-ferro-chrome-index.htmlMon, 04 Nov 2019 16:43:00 GMTDAILY SCRAP REPORT: Prices up on fresh bookingsTurkish steel mills returned to the deep-sea markets on Monday November 4, booking several cargoes from different origins and pushing prices up further, sources told Fastmarkets. http://www.metalbulletin.com/Article/3902439/DAILY-SCRAP-REPORT-Prices-up-on-fresh-bookings.htmlMon, 04 Nov 2019 16:07:00 GMTImproved liquidity slows dive in 37% manganese ore indices The seaborne low-grade manganese ore price in China continued to drop in the week ended Friday November 1, but buyers re-entered the market which producers took as a signal the market may be approaching its bottom after weeks of heavy falls. http://www.metalbulletin.com/Article/3902432/Improved-liquidity-slows-dive-in-37-manganese-ore-indices.htmlMon, 04 Nov 2019 15:45:00 GMTTURKEY FERROUS SCRAP: Rising import scrap costs keep pushing domestic prices upwardTurkish domestic auto bundle scrap prices have increased again over the past week, in line with rises in imported scrap values, sources said on Monday November 4.http://www.metalbulletin.com/Article/3902417/TURKEY-FERROUS-SCRAP-Rising-import-scrap-costs-keep-pushing-domestic-prices-upward.htmlMon, 04 Nov 2019 15:07:00 GMTArcelorMittal-led consortium pulls out of Ilva purchase dealAM Investco, the consortium led by ArcelorMittal that was put together to purchase Italian steelmaker Ilva, is pulling out of the deal, ArcelorMittal said on Monday November 4. http://www.metalbulletin.com/Article/3902427/ArcelorMittal-led-consortium-pulls-out-of-Ilva-purchase-deal.htmlMon, 04 Nov 2019 15:00:00 GMTAPEX Q3 2019: Bank Muscat tops base metals prediction leaderboardAS Mauskar and N Bhavsar of Bank Muscat led the base metals leaderboard again in the Apex third-quarter 2019 contest, with an accuracy rating of 96.9%, while UBS’ Glyn Lawcock was top of the precious metals table with a rating of 97.6%. http://www.metalbulletin.com/Article/3902429/APEX-Q3-2019-Bank-Muscat-tops-base-metals-prediction-leaderboard.htmlMon, 04 Nov 2019 14:49:00 GMTTshipi H1 net profit down 28% year on year amid manganese price drop South African manganese miner Tshipi recorded a 28% year-on-year drop in net profit in the six months to August 31 due to lower manganese ore prices, owner Jupiter Mines announced on Thursday October 31. http://www.metalbulletin.com/Article/3902426/Tshipi-H1-net-profit-down-28-year-on-year-amid-manganese-price-drop.htmlMon, 04 Nov 2019 14:17:00 GMTShanghai-bonded Cu stocks fall again in Oct; Ni stocks down on deliveries to LMEShanghai-bonded copper stocks continued to fall in October, but the decline was slower than in September due to the relatively limited amount of metal available, wide arbitrage losses and fewer working days last month.http://www.metalbulletin.com/Article/3902372/Shanghai-bonded-Cu-stocks-fall-again-in-Oct-Ni-stocks-down-on-deliveries-to-LME.htmlMon, 04 Nov 2019 14:05:00 GMTGLOBAL TUNGSTEN SNAPSHOT: China APT price softens in wake of falling concentrates valuesKey data from the pricing sessions in London and Shanghai in the week to Friday November 1. http://www.metalbulletin.com/Article/3902412/GLOBAL-TUNGSTEN-SNAPSHOT-China-APT-price-softens-in-wake-of-falling-concentrates-values.htmlMon, 04 Nov 2019 13:39:00 GMTIRON ORE DAILY: Seaborne prices fall below $85 per tonne amid uncertain demandPrices for mid-grade seaborne iron ore slid below $85 per tonne cfr China on Monday November 4, the first time since August 30.http://www.metalbulletin.com/Article/3902403/IRON-ORE-DAILY-Seaborne-prices-fall-below-85-per-tonne-amid-uncertain-demand.htmlMon, 04 Nov 2019 11:32:00 GMTSlab import prices in Asia edge up on higher HRC pricesImport prices for steel slab in Southeast Asia and East Asia moved higher over the past week amid stabilizing hot-rolled coil prices in the region, market sources said.http://www.metalbulletin.com/Article/3902398/Slab-import-prices-in-Asia-edge-up-on-higher-HRC-prices.htmlMon, 04 Nov 2019 11:24:00 GMTCHINA HRC: Exporters willing to sell at lower prices despite rebounding domestic marketChina’s domestic hot-rolled coil prices picked up some strength on Monday November 4 on robust trading activity after a stagnant week, though exporters appeared more willing to make concessions amid a pessimistic outlook for demand.http://www.metalbulletin.com/Article/3902383/CHINA-HRC-Exporters-willing-to-sell-at-lower-prices-despite-rebounding-domestic-market.htmlMon, 04 Nov 2019 10:53:00 GMTLIVE FUTURES REPORT 04/11: LME zinc price uptrend continues but spreads narrow; Al nears $1,800/t The three-month zinc price on the London Metal Exchange was higher during morning trading on Monday November 4, with price action keeping comfortably above the $2,500 per tonne support level due to high turnover and tight forward spreads. http://www.metalbulletin.com/Article/3902396/LIVE-FUTURES-REPORT-0411-LME-zinc-price-uptrend-continues-but-spreads-narrow-Al-nears-1800t.htmlMon, 04 Nov 2019 10:27:00 GMTLME WEEK 2019: Nickel market must focus on class 1 material to sate battery appetitesThe nickel market must switch its focus to class-one nickel production if it is to meet projected battery demand, analysts said during London Metal Exchange Week 2019. http://www.metalbulletin.com/Article/3901456/LME-WEEK-2019-Nickel-market-must-focus-on-class-1-material-to-sate-battery-appetites.htmlMon, 04 Nov 2019 10:26:00 GMTDisparity continues in seaborne iron ore concentrate; pellet market lackluster Seaborne iron ore concentrate of some origins continued to trade at premiums compared with discounts for other cargoes last week, while the pellet market stayed tepid. http://www.metalbulletin.com/Article/3902374/Disparity-continues-in-seaborne-iron-ore-concentrate-pellet-market-lackluster.htmlMon, 04 Nov 2019 10:02:00 GMTCHINA REBAR: Trading picks up ahead of transport curbs for import expoTrading activity in China’s domestic rebar market picked up on Monday November 4 amid flat prices ahead of the China International Import Expo in Shanghai from Tuesday until Sunday. http://www.metalbulletin.com/Article/3902378/CHINA-REBAR-Trading-picks-up-ahead-of-transport-curbs-for-import-expo.htmlMon, 04 Nov 2019 09:54:00 GMTLIVE FUTURES REPORT 04/11: SHFE base metals prices shrug off positive trade news, US dataWith the exception of those for aluminium and zinc, base metals prices on the Shanghai Futures Exchange were down during the morning trading session on Monday November 4.http://www.metalbulletin.com/Article/3902373/LIVE-FUTURES-REPORT-0411-SHFE-base-metals-prices-shrug-off-positive-trade-news-US-data.htmlMon, 04 Nov 2019 05:44:00 GMTLME WEEK 2019 - INTERVIEW: Aurubis sees stability in European copper market, diversifies multi-metal strategyAurubis, Europe’s largest copper producer, sees the domestic copper cathode market balanced, while the company’s multi-metal strategy will see it better adjust to the region’s changing trade landscape, chairman of the executive board Roland Harings told Fastmarkets in an interview during LME Week. http://www.metalbulletin.com/Article/3902155/LME-WEEK-2019-INTERVIEW-Aurubis-sees-stability-in-European-copper-market-diversifies-multi-metal.htmlMon, 04 Nov 2019 04:08:00 GMTGLOBAL BILLET WRAP: Markets stabilize after weeks of recoveryPrices for steel billet stabilized in most markets due to resistance to higher offers from the Commonwealth of Independent States and the absence of demand from re-rollers in China.http://www.metalbulletin.com/Article/3902335/GLOBAL-BILLET-WRAP-Markets-stabilize-after-weeks-of-recovery.htmlMon, 04 Nov 2019 00:01:00 GMTBrazilian iron ore export volumes, revenues fall in OctoberBrazilian iron ore export volumes and revenues dropped year-on-year in October due to supply disruptions, according to figures released by the country’s economy ministry on Friday November 1.http://www.metalbulletin.com/Article/3902356/Brazilian-iron-ore-export-volumes-revenues-fall-in-October.htmlFri, 01 Nov 2019 22:26:00 GMTLME WEEK 2019: Mixed trends for prices predicted for steel, iron ore, coking coal in 2020 A mixture of trends were forecast for steel, iron ore and coking coal prices in 2020 at the London Metal Exchange Ferrous Focus session this week. http://www.metalbulletin.com/Article/3902342/LME-WEEK-2019-Mixed-trends-for-prices-predicted-for-steel-iron-ore-coking-coal-in-2020.htmlFri, 01 Nov 2019 19:52:00 GMTWEEKLY SCRAP WRAP: Turkish holidays mean thin trading in global marketsMajor holidays in Turkey resulted in thin spot liquidity in the global scrap markets in the week ended Friday November 1, with US exporters seeing limited sales to the major import market. http://www.metalbulletin.com/Article/3902062/WEEKLY-SCRAP-WRAP-Turkish-holidays-mean-thin-trading-in-global-markets.htmlFri, 01 Nov 2019 18:51:00 GMTCopper concentrate TC/RCs rise on resumption of deliveries from Las BambasCopper concentrate treatment and refining charges (TC/RCs) rebounded slightly amid a lack of spot deals while annual contract negotiations kicked off during the annual London Metal Exchange Week gathering this week. http://www.metalbulletin.com/Article/3902324/Copper-concentrate-TCRCs-rise-on-resumption-of-deliveries-from-Las-Bambas.htmlFri, 01 Nov 2019 18:48:00 GMTUS PIG IRON: Bookings paused awaiting clarity in scrap marketBooking activity in the United States import pig iron market has come to a standstill until the price trend in ferrous scrap for November becomes clear, sources told Fastmarkets on Friday November 1. http://www.metalbulletin.com/Article/3902344/US-PIG-IRON-Bookings-paused-awaiting-clarity-in-scrap-market.htmlFri, 01 Nov 2019 18:23:00 GMTLIVE FUTURES REPORT 01/11: LME aluminium price ends week strongly, hits six-week highAluminium closed at its highest in six weeks on the London Metal Exchange on Friday November 1 while copper also continued its recovery. http://www.metalbulletin.com/Article/3902343/LIVE-FUTURES-REPORT-0111-LME-aluminium-price-ends-week-strongly-hits-six-week-high.htmlFri, 01 Nov 2019 18:20:00 GMTBrazilian slab export prices stable on high costs, low supplyBrazilian slab export prices were stable in the week ended Friday November 1, as producers had limited ability to reduce their offers due to iron ore costs.http://www.metalbulletin.com/Article/3902339/Brazilian-slab-export-prices-stable-on-high-costs-low-supply.htmlFri, 01 Nov 2019 18:10:00 GMTBHP to fund Samarco pellet plant restart with $44 millionBHP will provide $44 million of the necessary funding to resume operations at Brazilian iron ore pellet producer Samarco, the Australia-based mining company said on Friday November 1.http://www.metalbulletin.com/Article/3902330/BHP-to-fund-Samarco-pellet-plant-restart-with-44-million.htmlFri, 01 Nov 2019 17:49:00 GMTEUROPE ALLOY STEEL SCRAP: Prices narrow downward on continued weak demandAustenitic alloy steel scrap prices in the UK domestic market narrowed downward this week amid continued weak demand, sources told Fastmarkets on Friday November 1. http://www.metalbulletin.com/Article/3902334/EUROPE-ALLOY-STEEL-SCRAP-Prices-narrow-downward-on-continued-weak-demand.htmlFri, 01 Nov 2019 17:42:00 GMTTraxys takes marketing rights for Norilsk cobalt metal, cobalt hydroxide Traxys has signed a multi-year deal to sell cobalt metal and hydroxide produced by Norilsk Nickel. http://www.metalbulletin.com/Article/3902317/Traxys-takes-marketing-rights-for-Norilsk-cobalt-metal-cobalt-hydroxide.htmlFri, 01 Nov 2019 17:42:00 GMTGLOBAL CHROME SNAPSHOT: UG2 chrome ore slides again in China after suppliers cut offersKey data from the pricing sessions in Asia, Europe and the United States for the week ending Friday November 1.http://www.metalbulletin.com/Article/3902328/GLOBAL-CHROME-SNAPSHOT-UG2-chrome-ore-slides-again-in-China-after-suppliers-cut-offers.htmlFri, 01 Nov 2019 17:37:00 GMTLME WEEK 2019: EVs 'can sustain mainstream usage' without state subsidiesGovernment subsidies are a necessary part of early electric vehicle adoption but EVs will have mainstream usage without the need for incentives in the long term, panelists said at the LME Metal Seminar this week. http://www.metalbulletin.com/Article/3902321/LME-WEEK-2019-EVs-can-sustain-mainstream-usage-without-state-subsidies.htmlFri, 01 Nov 2019 17:35:00 GMTVale to restart Alegria mine, keeps 2019 sales guidance unchangedBrazilian mining company Vale will resume operations at its Alegria mine through dry stacking to produce 1 million tonnes of iron ore in 2019, the company said, as it maintained its full-year sales volumes guidance of 307-332 million tonnes.http://www.metalbulletin.com/Article/3902184/Vale-to-restart-Alegria-mine-keeps-2019-sales-guidance-unchanged.htmlFri, 01 Nov 2019 17:23:00 GMTEUROPE STAINLESS STEEL: Prices sharply down on persistently weak demandThe prices of stainless steel flat products in Europe decreased this week because of persistently weak demand, sources told Fastmarkets on Friday November 1. http://www.metalbulletin.com/Article/3902320/EUROPE-STAINLESS-STEEL-Prices-sharply-down-on-persistently-weak-demand.htmlFri, 01 Nov 2019 17:22:00 GMTINDIA IMPORT SCRAP: Prices continue upward surgeThe price of ferrous scrap imported into India has risen for the fourth consecutive week, mirroring a similar trend in nearby Pakistan, sources told Fastmarkets on Friday November 1 http://www.metalbulletin.com/Article/3902316/INDIA-IMPORT-SCRAP-Prices-continue-upward-surge.htmlFri, 01 Nov 2019 17:20:00 GMTMINOR METALS MARKET REPORT 01/11: Fanya auction not affecting minors prices; market stableAn overview of the minor metals markets and the reasons for their latest price moves.http://www.metalbulletin.com/Article/3902219/MINOR-METALS-MARKET-REPORT-0111-Fanya-auction-not-affecting-minors-prices-market-stable.htmlFri, 01 Nov 2019 17:20:00 GMTALUMINA ROUND-UP: Fob Australia price at 4-week high; more trades in Fastmarkets-LME contractThe alumina price on a fob Australia basis rose to $285 per tonne in the week ending Friday November 1, its highest since early October, thanks to continued import demand from China. http://www.metalbulletin.com/Article/3902222/ALUMINA-ROUND-UP-Fob-Australia-price-at-4-week-high-more-trades-in-Fastmarkets-LME-contract.htmlFri, 01 Nov 2019 17:19:00 GMTBrazilian export pig iron prices up on supply-demand imbalance Pig iron exporters in southern Brazil increased deal prices due to a supply-demand imbalance, sources told Fastmarkets on Friday November 1, although the sources differed on the source of the imbalance - higher demand or lower availability. http://www.metalbulletin.com/Article/3902286/Brazilian-export-pig-iron-prices-up-on-supply-demand-imbalance.htmlFri, 01 Nov 2019 17:10:00 GMTLME WEEK 2019:Steel industry indexation depends on education, overcoming fragmented market challenges – LME panelThe widespread adoption of steel price indices used for risk management will depend on educating steel industry stakeholders on the benefits and best practices of hedging while also overcoming the challenges of the fragmented nature of the steel markets, a panel of experts said at the London Metal Exchange's Ferrous Focus Session on Thursday October 31.http://www.metalbulletin.com/Article/3902017/LME-WEEK-2019Steel-industry-indexation-depends-on-education-overcoming-fragmented-market.htmlFri, 01 Nov 2019 17:00:00 GMTUK SCRAP: Light iron market moves up ending four weeks of stabilityThe inter-merchant spot market for UK-origin light iron scrap moved up by £5 ($6) per tonne in the week ended Friday November 1 following the upturn in key export markets, ending a four-week run of price stability. http://www.metalbulletin.com/Article/3902225/UK-SCRAP-Light-iron-market-moves-up-ending-four-weeks-of-stability.htmlFri, 01 Nov 2019 17:00:00 GMTSeptember silico-manganese supply up 23% year on yearWorld silico-manganese supply jumped 23% year on year in September to reach 1.67 million tonnes, according to the latest research from the International Manganese Institute (IMnI). http://www.metalbulletin.com/Article/3902285/September-silico-manganese-supply-up-23-year-on-year.htmlFri, 01 Nov 2019 16:45:00 GMTEUROPE ALLOY STEEL SURCHARGES: November grade-316 values fall on lower molybdenum costThe monthly European alloy steel surcharges for November for grade-316 stainless flat steel products have decreased because of lower molybdenum costs, Fastmarkets heard on Friday November 1. http://www.metalbulletin.com/Article/3902220/EUROPE-ALLOY-STEEL-SURCHARGES-November-grade-316-values-fall-on-lower-molybdenum-cost.htmlFri, 01 Nov 2019 16:20:00 GMTTURKEY FLAT STEEL: Import prices slip on still-weak demandDemand for flat steel was soft in Turkey in the week ended Friday November 1, with import prices for both hot-rolled coil and cold-rolled coil going down, although domestic and export prices remained unchanged. http://www.metalbulletin.com/Article/3902148/TURKEY-FLAT-STEEL-Import-prices-slip-on-still-weak-demand.htmlFri, 01 Nov 2019 15:45:00 GMTNOBLE ALLOYS MARKET REPORT 01/11: Molybdenum under pressure amid low demandAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3902186/NOBLE-ALLOYS-MARKET-REPORT-0111-Molybdenum-under-pressure-amid-low-demand.htmlFri, 01 Nov 2019 15:30:00 GMTTURKEY COATED FLAT STEEL: Prices stable, demand remains weakTurkish prices for hot-dipped galvanized coil (HDG), and color-coated coil or pre-painted galvanized iron (PPGI), were stable in the week ended Friday November 1 with demand remaining weak, sources told Fastmarkets.http://www.metalbulletin.com/Article/3902152/TURKEY-COATED-FLAT-STEEL-Prices-stable-demand-remains-weak.htmlFri, 01 Nov 2019 14:59:00 GMTCIS PIG IRON: Suppliers bullish on lower availability, better market mood in USPig iron exporters in the Commonwealth of Independent States have raised their offer prices to key outlet the United States on low material availability and better market fundamentals, market sources said. http://www.metalbulletin.com/Article/3902153/CIS-PIG-IRON-Suppliers-bullish-on-lower-availability-better-market-mood-in-US.htmlFri, 01 Nov 2019 14:35:00 GMTCHINA MINOR METALS MARKET REPORT 01/11: Successful Fanya stock auction pushes selenium up; caution prevailsAn overview of the Chinese minor metals markets and the reasons for their latest price moves.http://www.metalbulletin.com/Article/3902106/CHINA-MINOR-METALS-MARKET-REPORT-0111-Successful-Fanya-stock-auction-pushes-selenium-up-caution.htmlFri, 01 Nov 2019 14:15:00 GMTCOKING COAL DAILY: Seaborne prices plungeSeaborne coking coal prices plunged on Friday November 1 on trades involving premium mid-volatility cargoes procured by end-users in China and India. http://www.metalbulletin.com/Article/3902105/COKING-COAL-DAILY-Seaborne-prices-plunge.htmlFri, 01 Nov 2019 13:50:00 GMTIRON ORE DAILY: Seaborne trading thin amid uncertain outlookSeaborne iron ore trading was slow on Friday November 1 amid uncertainties about China’s steel markets and policies. http://www.metalbulletin.com/Article/3902133/IRON-ORE-DAILY-Seaborne-trading-thin-amid-uncertain-outlook.htmlFri, 01 Nov 2019 13:02:00 GMTLME could impose ‘significant’ fee on warranting shadow stocks if new reforms fall short - ChamberlainThe London Metal Exchange’s new warehouse reform should provide more detail of off-warrant stock levels and create a fairer market environment, chief executive office Matthew Chamberlain said. http://www.metalbulletin.com/Article/3902099/LME-could-impose-significant-fee-on-warranting-shadow-stocks-if-new-reforms-fall-short-Chamberlain.htmlFri, 01 Nov 2019 12:35:00 GMTDR pellet under pressure from falling steel prices; contracts may move to quarterly basis next yearThe direct-reduced (DR) iron pellet market has remained under pressure over the past month amid falling steel prices and oversupply, with several sources reporting that the market may move to quarterly-basis contracts next year to mitigate risks.http://www.metalbulletin.com/Article/3902085/DR-pellet-under-pressure-from-falling-steel-prices-contracts-may-move-to-quarterly-basis-next-year.htmlFri, 01 Nov 2019 11:45:00 GMTGLOBAL LITHIUM WRAP: China’s battery-grade carbonate prices narrow downwardSpot prices for battery-grade lithium carbonate in China narrowed downward this week while those for lithium hydroxide gained some stability.http://www.metalbulletin.com/Article/3902088/GLOBAL-LITHIUM-WRAP-Chinas-battery-grade-carbonate-prices-narrow-downward.htmlFri, 01 Nov 2019 11:22:00 GMTASIA FERROUS SCRAP: US scrap turns competitive on surging Japanese pricesHeavy melting scrap 1&2 (80:20) from the United States’ West Coast has turned competitive again due to surging prices for Japanese H2 materials, with Vietnamese buyers now looking to purchase scrap from both locations.http://www.metalbulletin.com/Article/3902059/ASIA-FERROUS-SCRAP-US-scrap-turns-competitive-on-surging-Japanese-prices.htmlFri, 01 Nov 2019 10:30:00 GMTEscondida copper mine hit by worker walkout on Oct 29Union workers at the Escondida copper mine in Chile, the world’s largest, initiated a one-day walkout on Tuesday October 29 in response to “labor agreement breaches” and to stand in solidarity against the Chilean government’s actions to suppress demonstrations in the country.http://www.metalbulletin.com/Article/3901875/Escondida-copper-mine-hit-by-worker-walkout-on-Oct-29.htmlFri, 01 Nov 2019 10:15:00 GMTCHINA HRC: Prices flat but pessimism emerges on lower PMI Domestic hot-rolled coil prices in China remained flat for a fifth day on Friday November 1, but sentiment in the market has deteriorated following the release of the country’s latest manufacturing purchasing managers’ index (PMI). http://www.metalbulletin.com/Article/3902065/CHINA-HRC-Prices-flat-but-pessimism-emerges-on-lower-PMI.htmlFri, 01 Nov 2019 09:55:00 GMTNORNICKEL AT A GLANCE: Refined nickel output up 7% in Q3 from prior quarterA summary of the production results of Russian multi-metal miner Norilsk Nickel (Nornickel) for the third quarter and first nine months of 2019.http://www.metalbulletin.com/Article/3902064/NORNICKEL-AT-A-GLANCE-Refined-nickel-output-up-7-in-Q3-from-prior-quarter.htmlFri, 01 Nov 2019 09:53:00 GMTSoutheast Asia billet import market at standstill amid Chinese absencePrices in Southeast Asia’s steel billet market remained stable on Friday November 1, with a closing arbitrage window between international prices and domestic Chinese prices, sources told Fastmarkets. http://www.metalbulletin.com/Article/3902061/Southeast-Asia-billet-import-market-at-standstill-amid-Chinese-absence.htmlFri, 01 Nov 2019 09:30:00 GMTCHINA REBAR: Prices steady amid inactivity China’s rebar prices were unchanged on Friday November 1 in both the domestic and export markets amid inactive trading. http://www.metalbulletin.com/Article/3902063/CHINA-REBAR-Prices-steady-amid-inactivity.htmlFri, 01 Nov 2019 09:09:00 GMTPEOPLE MOVES: TradeCloud names Vinayak Bhave as India chiefVinayak Bhave has joined TradeCloud as head of India to solidify the company’s presence in India and Middle East, the company said on Friday November 1.http://www.metalbulletin.com/Article/3902057/PEOPLE-MOVES-TradeCloud-names-Vinayak-Bhave-as-India-chief.htmlFri, 01 Nov 2019 07:30:00 GMTFOCUS: Chinese steelmakers brace for tough 2020 despite trade war truceChinese steel exporters are bracing for a tough year end and an equally challenging 2020, even as the trade war between China and the United States mellows after a truce reached in early October.http://www.metalbulletin.com/Article/3901124/FOCUS-Chinese-steelmakers-brace-for-tough-2020-despite-trade-war-truce.htmlFri, 01 Nov 2019 05:40:00 GMTLIVE FUTURES REPORT 01/11: Doubts over long-term US-China trade deal sink SHFE base metals pricesBase metals prices on the Shanghai Futures Exchange were mostly down during the morning trading session on Friday November 1, with dwindling confidence of a long-term trade deal being struck between the United States and China weighing on the complex.http://www.metalbulletin.com/Article/3902058/LIVE-FUTURES-REPORT-0111-Doubts-over-long-term-US-China-trade-deal-sink-SHFE-base-metals-prices.htmlFri, 01 Nov 2019 04:47:00 GMTLIVE FUTURES REPORT 31/10: LME copper price slides 1.4% on high turnover; lead dips below $2,200The three-month copper price on the London Metal Exchange was lower at the close of trading on Thursday October 30, settling below the $5,800 per tonne support level against high turnover, while lead futures also closed below nearby support. http://www.metalbulletin.com/Article/3902031/LIVE-FUTURES-REPORT-3110-LME-copper-price-slides-14-on-high-turnover-lead-dips-below-2200.htmlThu, 31 Oct 2019 19:20:00 GMTVolatility driven by tough EU trade measures makes Fastmarkets’ daily HRC index a mustFastmarkets plans to replace its weekly assessment for domestic hot-rolled coil (HRC) prices in Northern Europe with a daily index - to better reflect the increasing price volatility caused by tougher EU trade measures.http://www.metalbulletin.com/Article/3901892/Volatility-driven-by-tough-EU-trade-measures-makes-Fastmarkets-daily-HRC-index-a-must.htmlThu, 31 Oct 2019 18:50:00 GMTMiners make further sharp cuts to manganese ore offersManganese ore market participants are braced for more sharp price drops amid reports on Thursday October 31 of miners cutting offer prices by as much as 15-20% since the weekend. http://www.metalbulletin.com/Article/3902025/Miners-make-further-sharp-cuts-to-manganese-ore-offers.htmlThu, 31 Oct 2019 18:32:00 GMTEUROPE HRC: Domestic prices down, “bottom” almost reachedDomestic prices for hot-rolled coil (HRC) in Europe decreased over the week due to limited demand, sources told Fastmarkets.http://www.metalbulletin.com/Article/3902020/EUROPE-HRC-Domestic-prices-down-bottom-almost-reached.htmlThu, 31 Oct 2019 17:59:00 GMTPRICING NOTICE: Proposal to create a daily HRC index for Northern EuropeFastmarkets proposes to increase the frequency of its steel hot-rolled coil domestic Northern Europe price from weekly to daily, and to change the price from an assessment to an index. http://www.metalbulletin.com/Article/3901982/PRICING-NOTICE-Proposal-to-create-a-daily-HRC-index-for-Northern-Europe.htmlThu, 31 Oct 2019 17:55:00 GMTDAILY SCRAP REPORT: Prices stabilise while market awaits next bookingsTurkish steel mills continued to stay away from the deep-sea scrap market on Thursday October 31, with market participants contemplating a possible change in direction in the coming weeks, sources told Fastmarkets. http://www.metalbulletin.com/Article/3902015/DAILY-SCRAP-REPORT-Prices-stabilise-while-market-awaits-next-bookings.htmlThu, 31 Oct 2019 17:23:00 GMTBrazil's Gerdau to halt Araçariguama rebar unit for 30 days in DecemberBrazilian steelmaker Gerdau will make a maintenance stoppage at its Araçariguama unit, located in the southeastern state of São Paulo, during December, which market participants believe could help boost the domestic rebar price.http://www.metalbulletin.com/Article/3901953/Brazils-Gerdau-to-halt-Araariguama-rebar-unit-for-30-days-in-December.htmlThu, 31 Oct 2019 16:29:00 GMTCIS STEEL BILLET: Lack of demand hampers price risesCIS billet producers failed to pass on higher prices to customers this week as demand in the major destinations was weak, Fastmarkets learned on Thursday October 31.http://www.metalbulletin.com/Article/3901916/CIS-STEEL-BILLET-Lack-of-demand-hampers-price-rises.htmlThu, 31 Oct 2019 14:59:00 GMTTURKEY LONG STEEL EXPORTS: Rebar prices fall with new dealsExport prices of rebar from Turkey have decreased over the past week, because of weak demand and deals heard at low prices, sources said on Thursday October 31. http://www.metalbulletin.com/Article/3901917/TURKEY-LONG-STEEL-EXPORTS-Rebar-prices-fall-with-new-deals.htmlThu, 31 Oct 2019 14:35:00 GMTTURKEY STEEL BILLET: Prices mostly stable on weak demand The price of steel billet in the Turkish market was mostly stable over the past week due to weak demand and the increases already heard last week, sources said on Thursday October 31. http://www.metalbulletin.com/Article/3901918/TURKEY-STEEL-BILLET-Prices-mostly-stable-on-weak-demand.htmlThu, 31 Oct 2019 14:15:00 GMTEGYPT STEEL BILLET, REBAR: Rebar prices decrease but billet price stable The price for steel rebar in Egypt decreased in the week ended Thursday October 31, but the import price for steel billet was stable, sources told Fastmarkets. http://www.metalbulletin.com/Article/3901915/EGYPT-STEEL-BILLET-REBAR-Rebar-prices-decrease-but-billet-price-stable.htmlThu, 31 Oct 2019 13:49:00 GMTChina cobalt sulfate prices slide on lackluster demand; hydroxide market softensChina’s cobalt sulfate price fell in the mid-week pricing session on Wednesday October 30 after coming under pressure from lackluster demand amid an underperformance in the country’s electric vehicle (EV) market.http://www.metalbulletin.com/Article/3901884/China-cobalt-sulfate-prices-slide-on-lackluster-demand-hydroxide-market-softens.htmlThu, 31 Oct 2019 12:30:00 GMTTITANIUM SNAPSHOT: Low demand weighs on alloy market; scrap stableKey data from Fastmarkets’ pricing session in Europe on Wednesday October 30.http://www.metalbulletin.com/Article/3901897/TITANIUM-SNAPSHOT-Low-demand-weighs-on-alloy-market-scrap-stable.htmlThu, 31 Oct 2019 12:04:00 GMTALUMINA SNAPSHOT: China alumina price edges down on more imported cargoes, weak demandKey data from October 31’s price assessment in Shanghai.http://www.metalbulletin.com/Article/3901893/ALUMINA-SNAPSHOT-China-alumina-price-edges-down-on-more-imported-cargoes-weak-demand.htmlThu, 31 Oct 2019 11:57:00 GMTIRON ORE DAILY: Seaborne prices dip amid derivatives lossesSeaborne iron ore prices weakened on Thursday October 31 amid losses in the derivatives markets.http://www.metalbulletin.com/Article/3901900/IRON-ORE-DAILY-Seaborne-prices-dip-amid-derivatives-losses.htmlThu, 31 Oct 2019 11:49:00 GMTCOKING COAL DAILY: Market awaits settlement of tender for directionThe seaborne coking coal market was largely steady on Thursday October 31, with participants awaiting the conclusion of a tender in the fob Australia premium segment to gauge the direction of prices.http://www.metalbulletin.com/Article/3901896/COKING-COAL-DAILY-Market-awaits-settlement-of-tender-for-direction.htmlThu, 31 Oct 2019 10:59:00 GMTLIVE FUTURES REPORT 31/10: LME base metals capped by weak China PMI data despite Fed cut The three-month prices of base metals traded on the London Metal Exchange were trading down in the morning session on Thursday October 30 on lackluster China PMI, shrugging off the interest rate cut announced by the United States' Federal Reserve the day before.http://www.metalbulletin.com/Article/3901891/LIVE-FUTURES-REPORT-3110-LME-base-metals-capped-by-weak-China-PMI-data-despite-Fed-cut.htmlThu, 31 Oct 2019 10:33:00 GMTCHINA HRC: Mills divided on export strategy Chinese steelmakers appear to be divided on the approach to take with exports, with a major mill issuing a significantly lower offer than the rest of its peers on Thursday October 31, though that still failed to stimulate sales.http://www.metalbulletin.com/Article/3901888/CHINA-HRC-Mills-divided-on-export-strategy.htmlThu, 31 Oct 2019 09:35:00 GMTCHINA REBAR: Domestic prices rise further on low inventoriesChina’s domestic rebar prices kept rising on Thursday October 31 on falling stock levels in the spot market. http://www.metalbulletin.com/Article/3901887/CHINA-REBAR-Domestic-prices-rise-further-on-low-inventories.htmlThu, 31 Oct 2019 09:35:00 GMTIranian semi-finished steel export market quiet, mills almost sold out of billet until end of yearThe Iranian steel billet export market was quiet in the week to Wednesday October 30, with mills having almost filled their order books for December. http://www.metalbulletin.com/Article/3901852/Iranian-semi-finished-steel-export-market-quiet-mills-almost-sold-out-of-billet-until-end-of-year.htmlThu, 31 Oct 2019 09:10:00 GMTIndonesian nickel ban jitters not supporting China’s stainless steel prices A spike in nickel prices as a result of a flip-flop decision in Indonesia regarding an ore export ban of the alloying metal failed to offer any support to China’s stainless steel market over the past week. http://www.metalbulletin.com/Article/3901883/Indonesian-nickel-ban-jitters-not-supporting-Chinas-stainless-steel-prices.htmlThu, 31 Oct 2019 07:25:00 GMTAsarco, USW scheduled to meet in mid-NovemberA meeting between Asarco and representatives of striking workers has been scheduled for November 14, a United Steelworkers (USW) union spokesperson told Fastmarkets.http://www.metalbulletin.com/Article/3901877/Asarco-USW-scheduled-to-meet-in-mid-November.htmlThu, 31 Oct 2019 05:17:00 GMTLIVE FUTURES REPORT 31/10: SHFE base metals prices all down despite Fed rate cutBase metals prices on the Shanghai Futures Exchange were all down during the morning trading session on Thursday October 31 despite the US Federal Reserve’s decision on Wednesday to cut interest rates for a third consecutive time.http://www.metalbulletin.com/Article/3901881/LIVE-FUTURES-REPORT-3110-SHFE-base-metals-prices-all-down-despite-Fed-rate-cut.htmlThu, 31 Oct 2019 04:45:00 GMTUS ferrous scrap at a bottom, metal spread to remain high, Gerdau saysFerrous scrap prices seem to have hit a bottom this year in North America, but the price spread between raw material costs – especially ferrous scrap for rebar – and the price of steel products is expected to remain at high levels, Gerdau chief executive officer Gustavo Werneck said on Wednesday October 30.http://www.metalbulletin.com/Article/3901865/US-ferrous-scrap-at-a-bottom-metal-spread-to-remain-high-Gerdau-says.htmlWed, 30 Oct 2019 21:55:00 GMTLIVE FUTURES REPORT 30/10: LME lead price sinks 2.4% but holds above $2,200; aluminium edges higherThe three-month price of lead on the London Metal Exchange was lower at the close of trading on Wednesday October 30, falling by more than 2% against tight forward spreads, while aluminium futures closed at their highest level since September 24. http://www.metalbulletin.com/Article/3901857/LIVE-FUTURES-REPORT-3010-LME-lead-price-sinks-24-but-holds-above-2200-aluminium-edges-higher.htmlWed, 30 Oct 2019 18:10:00 GMTBASE METALS WARRANT REPORT 30/10A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 30. http://www.metalbulletin.com/Article/3901779/BASE-METALS-WARRANT-REPORT-3010.htmlWed, 30 Oct 2019 17:48:00 GMTDAILY SCRAP REPORT: European cargo nudges prices upwardA booking of European scrap by a Turkish steel mill came to light and helped to push up prices on Wednesday October 30, sources told Fastmarkets, with many traders returning to work after a two-day public holiday in Turkey. http://www.metalbulletin.com/Article/3901845/DAILY-SCRAP-REPORT-European-cargo-nudges-prices-upward.htmlWed, 30 Oct 2019 17:30:00 GMTSOUTHERN EUROPE REBAR: Export price range widens upward on higher scrap costsThe price of rebar exported from Southern Europe widened upward this week with mills seeking to reflect the increases in ferrous scrap costs that have been imposed this month, sources told Fastmarkets on Wednesday October 30. http://www.metalbulletin.com/Article/3901780/SOUTHERN-EUROPE-REBAR-Export-price-range-widens-upward-on-higher-scrap-costs.htmlWed, 30 Oct 2019 16:20:00 GMTIranian semi-finished steel exports up 43% on massive sales to ChinaIranian semi-finished steel producers have benefited from the growing demand for such materials in China, where domestic prices have surged due to government policies that have led to cuts in steel production because of environmental concerns. http://www.metalbulletin.com/Article/3901659/Iranian-semi-finished-steel-exports-up-43-on-massive-sales-to-China.htmlWed, 30 Oct 2019 14:15:00 GMTIRON ORE DAILY: Low-alumina index lifted by strong trade, oversupply concerns still lingering [CORRECTED]Prices of mid-grade Brazilian fines were up on Wednesday October 30, with a Brazilian Blend fines (BRBF) cargo fetching $85.60 per tonne, although market participants saw little scope for any major correction in mid-grade iron ore prices.http://www.metalbulletin.com/Article/3901638/IRON-ORE-DAILY-Low-alumina-index-lifted-by-strong-trade-oversupply-concerns-still-lingering.htmlWed, 30 Oct 2019 14:15:00 GMTLiberty Steel assets to merge into single global group, to adopt neutral carbon business strategyThe GFG Alliance will consolidate all of its steel businesses into one global group named Liberty Steel Group by the end of this year and align them with a strategy for carbon-neutral operations by 2030.http://www.metalbulletin.com/Article/3901633/Liberty-Steel-assets-to-merge-into-single-global-group-to-adopt-neutral-carbon-business-strategy.htmlWed, 30 Oct 2019 12:55:00 GMTCHINA REBAR: Tangshan's temporary curbs push up pricesChina's domestic rebar prices rose on Wednesday October 30 after news broke about the country’s steelmaking hub of Tangshan planning to implement short-term curbs from Thursday. http://www.metalbulletin.com/Article/3901596/CHINA-REBAR-Tangshans-temporary-curbs-push-up-prices.htmlWed, 30 Oct 2019 10:46:00 GMTLIVE FUTURES REPORT 30/10: LME base metals prices broadly capped by low volumes before Fed newsThree-month base metals traded on the London Metal Exchange mostly failed to make gains in the morning session on Wednesday October 30 amid low volumes traded across the complex, with a weaker dollar index, down by 0.04% at 97.65, failing to stimulate investors’ appetites.http://www.metalbulletin.com/Article/3901598/LIVE-FUTURES-REPORT-3010-LME-base-metals-prices-broadly-capped-by-low-volumes-before-Fed-news.htmlWed, 30 Oct 2019 10:22:00 GMTCOKING COAL DAILY: Outlook turns bearishMarket participants flagged a bearish outlook on seaborne coking coal prices in the coming weeks, citing the dwindling attractiveness of imported cargoes for Chinese buyers.http://www.metalbulletin.com/Article/3901595/COKING-COAL-DAILY-Outlook-turns-bearish.htmlWed, 30 Oct 2019 10:05:00 GMTCHINA HRC: Prices stable but pessimism loomsChina’s hot-rolled coil prices remained stable for a third day on Wednesday October 30 with mills receiving a steady stream of orders, though stockists drew down their inventories on a bearish outlook for the market.http://www.metalbulletin.com/Article/3901592/CHINA-HRC-Prices-stable-but-pessimism-looms.htmlWed, 30 Oct 2019 09:26:00 GMTNEWSBREAK: PPC lowers 2020 copper premium cif China by $3/t – sourcesJapanese copper producer Pan Pacific Copper (PPC) has offered its Chinese customers copper cathode supply in 2020 at a premium of $83 per tonne cif Shanghai, $3 per tonne lower than 2019’s level, two sources familiar with the matter told Fastmarkets on Wednesday October 30.http://www.metalbulletin.com/Article/3901588/NEWSBREAK-PPC-lowers-2020-copper-premium-cif-China-by-3tsources.htmlWed, 30 Oct 2019 05:45:00 GMTChinese cobalt intermediates imports up 24.5% in Q3 vs Q2China’s imports of cobalt intermediates, including cobalt hydroxide, surged by 24.5% in July-September versus the prior quarter amid extensive procurement from Chinese consumers, who looked to take advantage of falling cobalt raw material prices during the period.http://www.metalbulletin.com/Article/3901583/Chinese-cobalt-intermediates-imports-up-245-in-Q3-vs-Q2.htmlWed, 30 Oct 2019 04:54:00 GMTLIVE FUTURES REPORT 30/10: SHFE base metals prices mostly little changed ahead of Fed announcementBase metals prices on the Shanghai Futures Exchange were largely up but overall little changed during the morning trading session on Wednesday October 30, with investors adopting a cautious approach ahead of an expected interest rate cut by the US Federal Reserve.http://www.metalbulletin.com/Article/3901585/LIVE-FUTURES-REPORT-3010-SHFE-base-metals-prices-mostly-little-changed-ahead-of-Fed-announcement.htmlWed, 30 Oct 2019 04:39:00 GMTAuto slump curtails Chinese lead usage, ILZSG saysChina’s lead usage will fall by 1.1% in 2019 due to declining automotive production and increased use of lithium-ion batteries in motorcycle and e-bike sectors as well in uninterruptable power supply stationary backup systems, according to the International Lead & Zinc Study Group (ILZSG).http://www.metalbulletin.com/Article/3901577/Auto-slump-curtails-Chinese-lead-usage-ILZSG-says.htmlWed, 30 Oct 2019 02:53:00 GMTMexican ferrous scrap prices broadly stable on low material generationPrices for ferrous scrap in the Mexican markets have shown minor changes in the past week because most steelmakers have concluded their planned price cuts, which has left scrap dealers believing that the market has reached a bottom. http://www.metalbulletin.com/Article/3901553/Mexican-ferrous-scrap-prices-broadly-stable-on-low-material-generation.htmlTue, 29 Oct 2019 18:08:00 GMTLIVE FUTURES REPORT 29/10: Positive LME close sees nickel price climb 1.6%; lead follows higherThe three-month nickel price on the London Metal Exchange closed higher on Tuesday October 29, with news of the expedited ore ban in Indonesia keeping the metal’s price elevated, while lead futures also ended the day higher despite low turnover. http://www.metalbulletin.com/Article/3901550/LIVE-FUTURES-REPORT-2910-Positive-LME-close-sees-nickel-price-climb-16-lead-follows-higher.htmlTue, 29 Oct 2019 17:46:00 GMTLME announces lithium committee to aid development of futures contractThe London Metal Exchange announced this week that industry members will form a committee to represent the views and interests of lithium stakeholders while the exchange plans the launch of a lithium futures contract.http://www.metalbulletin.com/Article/3901554/LME-announces-lithium-committee-to-aid-development-of-futures-contract.htmlTue, 29 Oct 2019 17:37:00 GMTFOCUS: Aluminium participants expect demand to fall further in 2020 Falling spot premiums, slow demand and ample supply have cast a bearish pall over the Asian aluminium market this year and market participants told Fastmarkets they believe this will be the case for 2020 too.http://www.metalbulletin.com/Article/3900862/FOCUS-Aluminium-participants-expect-demand-to-fall-further-in-2020.htmlTue, 29 Oct 2019 16:35:00 GMTDAILY SCRAP REPORT: Public holiday pauses trading for second dayTurkish steel producers continued to pause their deep-sea cargo purchases because of a public holiday in the country reducing trading activity, sources told Fastmarkets on Tuesday October 29.http://www.metalbulletin.com/Article/3901491/DAILY-SCRAP-REPORT-Public-holiday-pauses-trading-for-second-day.htmlTue, 29 Oct 2019 16:00:00 GMTNICKEL PREMIUMS SNAPSHOT: Chinese discounts soften on brief LME nickel contangoDiscounts for nickel full-plate cathodes in the Chinese import market softened in the week to Tuesday October 29 while material became cheaper to hold amid a brief contango in the London Metal Exchange nickel cash/three-month spread. http://www.metalbulletin.com/Article/3901487/NICKEL-PREMIUMS-SNAPSHOT-Chinese-discounts-soften-on-brief-LME-nickel-contango.htmlTue, 29 Oct 2019 15:40:00 GMTGULF STEEL BILLET, REBAR: Billet prices increase, rebar prices fallImport prices for steel billet in the United Arab Emirates increased over the past week, while domestic and import rebar values decreased, market sources said on Tuesday October 29.http://www.metalbulletin.com/Article/3901485/GULF-STEEL-BILLET-REBAR-Billet-prices-increase-rebar-prices-fall.htmlTue, 29 Oct 2019 14:50:00 GMTLME WEEK 2019: Getting US sanctions removed was ‘do or die’ for Rusal – EN+ Chairman The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions against producer UC Rusal was potentially deadly for a company so heavily reliant on international trade, Lord Greg Barker, executive chairman of EN+ Group said.http://www.metalbulletin.com/Article/3901483/LME-WEEK-2019-Getting-US-sanctions-removed-was-do-or-die-for-RusalEN+-Chairman.htmlTue, 29 Oct 2019 14:40:00 GMTLME WEEK 2019: Exchange should disclose carbon footprint of all aluminium trades, Lord saysThe aluminium industry needs to be transparent about its carbon emissions and the London Metal Exchange has a key role to play in ensuring this happens, Lord Greg Barker said in an interview at LME Week 2019. http://www.metalbulletin.com/Article/3901455/LME-WEEK-2019-Exchange-should-disclose-carbon-footprint-of-all-aluminium-trades-Lord-says.htmlTue, 29 Oct 2019 14:38:00 GMTGLOBAL FERRO-SILICON WRAP: European market forfeits gains as demand tapers off; China and US markets unmovedThe European ferro-silicon market backtracked over the past week, erasing recent gains as demand in the region tailed off, while US and Chinese prices both held amid lackluster trading activity.http://www.metalbulletin.com/Article/3901421/GLOBAL-FERRO-SILICON-WRAP-European-market-forfeits-gains-as-demand-tapers-off-China-and-US-markets.htmlTue, 29 Oct 2019 12:10:00 GMTIRON ORE DAILY: Seaborne prices edge down toward $85/tonne amid market uncertaintySeaborne iron ore prices were down on Tuesday October 29 amid market uncertainty about demand levels in winter. http://www.metalbulletin.com/Article/3901422/IRON-ORE-DAILY-Seaborne-prices-edge-down-toward-85tonne-amid-market-uncertainty.htmlTue, 29 Oct 2019 11:47:00 GMTCOKING COAL DAILY: PCI sector sees some activity; market mulls port restrictions in China Seaborne coking coal prices remained steady on Tuesday October 29, although spot market activity emerged in the pulverized coal injection (PCI) sector. http://www.metalbulletin.com/Article/3901419/COKING-COAL-DAILY-PCI-sector-sees-some-activity-market-mulls-port-restrictions-in-China.htmlTue, 29 Oct 2019 11:21:00 GMTCIS FLAT STEEL: Market sees another drop but further declines doubtfulExport prices for hot-rolled and cold-rolled coil from the Commonwealth of Independent States continued to fall during the week ended Monday October 28, although market sources told Fastmarkets they doubted the market could decline much further. http://www.metalbulletin.com/Article/3901415/CIS-FLAT-STEEL-Market-sees-another-drop-but-further-declines-doubtful.htmlTue, 29 Oct 2019 10:49:00 GMTIRON ORE WEEK: Fastmarkets to drive Singapore Steel Forum with SGX, Enterprise SingaporeA new Singapore Steel Forum will kick off for the first time next year as part of Singapore Iron Ore Week (SIOW) 2020.http://www.metalbulletin.com/Article/3900609/IRON-ORE-WEEK-Fastmarkets-to-drive-Singapore-Steel-Forum-with-SGX-Enterprise-Singapore.htmlTue, 29 Oct 2019 10:28:00 GMTCHINA HRC: Mills turn focus back to domestic marketChinese steelmakers kept their export offers for hot-rolled coil unchanged on Tuesday October 29 amid a stable domestic market.http://www.metalbulletin.com/Article/3901413/CHINA-HRC-Mills-turn-focus-back-to-domestic-market.htmlTue, 29 Oct 2019 10:22:00 GMTDeclining Asian HRC prices weigh on regional slab import marketsThe decline in Asian hot-rolled coil prices has continued to apply downward pressure on slab prices in the region, sources told Fastmarkets.http://www.metalbulletin.com/Article/3901410/Declining-Asian-HRC-prices-weigh-on-regional-slab-import-markets.htmlTue, 29 Oct 2019 10:10:00 GMTLIVE FUTURES REPORT 29/10: LME nickel price higher on Indonesian export banThe three-month nickel price on the London Metal Exchange increased during morning trading on Tuesday October 29, with news of Indonesia’s imposition of a ban on exporting raw ore bolstering its price action. http://www.metalbulletin.com/Article/3901411/LIVE-FUTURES-REPORT-2910-LME-nickel-price-higher-on-Indonesian-export-ban.htmlTue, 29 Oct 2019 09:50:00 GMTCHINA REBAR: Prices fall on weakening construction demand China’s domestic rebar prices retreated on Tuesday October 29 due to softening demand from the construction sector. http://www.metalbulletin.com/Article/3901407/CHINA-REBAR-Prices-fall-on-weakening-construction-demand.htmlTue, 29 Oct 2019 08:55:00 GMTGlobal crude steel production down 0.3% in SeptemberGlobal crude steel production totaled 151.50 million tonnes in September, down by 0.3% from a year earlier, according to data released by the World Steel Association (Worldsteel) on Friday October 25.http://www.metalbulletin.com/Article/3901402/Global-crude-steel-production-down-03-in-September.htmlTue, 29 Oct 2019 08:20:00 GMTASIA HRC: Prices continue dive toward $400 per tonne cfrHot-rolled coil prices in Asia are sliding closer toward $400 per tonne cfr amid weak demand and excess supply. http://www.metalbulletin.com/Article/3901397/ASIA-HRC-Prices-continue-dive-toward-400-per-tonne-cfr.htmlTue, 29 Oct 2019 06:18:00 GMTLIVE FUTURES REPORT 29/10: Imposition of Indonesian export ban drives SHFE nickel price up 0.9%Base metals prices on the Shanghai Futures Exchange exhibited mixed movements during the morning trading session on Tuesday October 29 after positive developments in trade talks between China and the United States were partly offset by weaker Chinese corporate data. http://www.metalbulletin.com/Article/3901403/LIVE-FUTURES-REPORT-2910-Imposition-of-Indonesian-export-ban-drives-SHFE-nickel-price-up-09.htmlTue, 29 Oct 2019 04:22:00 GMTLIVE FUTURES REPORT 28/10: LME nickel price falls 1.7% on high turnover; copper breaches $5,900/tThe three-month nickel price on the London Metal Exchange was lower at the close of trading on Monday October 28, falling by a little less than 2% against high turnover, while copper’s outright price breached nearby resistance. http://www.metalbulletin.com/Article/3901383/LIVE-FUTURES-REPORT-2810-LME-nickel-price-falls-17-on-high-turnover-copper-breaches-5900t.htmlMon, 28 Oct 2019 19:20:00 GMTDAILY SCRAP REPORT: Market quiet on public holidayTurkish steel mills began the week in silence due to a public holiday in the country reducing trading activity, sources told Fastmarkets on Monday October 28. http://www.metalbulletin.com/Article/3901355/DAILY-SCRAP-REPORT-Market-quiet-on-public-holiday.htmlMon, 28 Oct 2019 16:34:00 GMTCIS LONG STEEL: Wire rod offers soften on lack of tradingOffer prices for CIS export wire rod have softened somewhat amid a lack of trading activity in the market, Fastmarkets learned on Monday October 28. http://www.metalbulletin.com/Article/3901273/CIS-LONG-STEEL-Wire-rod-offers-soften-on-lack-of-trading.htmlMon, 28 Oct 2019 16:32:00 GMTManganese ore prices tumble further amid oversupplySeaborne low-grade manganese ore prices in China fell sharply in the week ended Friday October 25 amid aggressive attempts to liquidate material and falling market sentiment.http://www.metalbulletin.com/Article/3901252/Manganese-ore-prices-tumble-further-amid-oversupply.htmlMon, 28 Oct 2019 15:56:00 GMTAT A GLANCE: LKAB Q3 earnings up in 'volatile' marketA summary of the financial results of Swedish iron-ore producer LKAB for the third quarter of 2019.http://www.metalbulletin.com/Article/3901253/AT-A-GLANCE-LKAB-Q3-earnings-up-in-volatile-market.htmlMon, 28 Oct 2019 15:53:00 GMTCIS STEEL SLAB: Mills mull higher offers, but customers not ready to acceptCIS producers of steel slab have considered raising their offer prices because their November-casting order books were almost full, although customers were not ready for any price rises, Fastmarkets learnt on Monday October 28. http://www.metalbulletin.com/Article/3901260/CIS-STEEL-SLAB-Mills-mull-higher-offers-but-customers-not-ready-to-accept.htmlMon, 28 Oct 2019 15:44:00 GMTTURKEY FERROUS SCRAP: Rising import scrap costs push domestic prices upwardTurkish domestic auto bundle scrap prices have increased over the past week in line with the rises in imported scrap values, sources said on Monday October 28. http://www.metalbulletin.com/Article/3901205/TURKEY-FERROUS-SCRAP-Rising-import-scrap-costs-push-domestic-prices-upward.htmlMon, 28 Oct 2019 15:27:00 GMTGLOBAL SILICON SNAPSHOT: Chinese price rises on good demand; offers higher in Europe but no deals concludedKey data from the pricing sessions in Asia and Europe in the week to Friday October 25.http://www.metalbulletin.com/Article/3901255/GLOBAL-SILICON-SNAPSHOT-Chinese-price-rises-on-good-demand-offers-higher-in-Europe-but-no-deals.htmlMon, 28 Oct 2019 15:24:00 GMTFlat-steel import prices down in South America on global downtrendFlat-rolled steel import prices were mostly down in South America during the past week, amid bearish sentiment in the region and the continuing global downtrend.http://www.metalbulletin.com/Article/3901212/Flat-steel-import-prices-down-in-South-America-on-global-downtrend.htmlMon, 28 Oct 2019 15:07:00 GMTGLOBAL TUNGSTEN WRAP: Concentrate price dips; APT prices supported by positive sentimentPositive sentiment continued to buoy the Chinese and European ammonium paratungstate (APT) markets although spot activity remained subdued in both.http://www.metalbulletin.com/Article/3901250/GLOBAL-TUNGSTEN-WRAP-Concentrate-price-dips-APT-prices-supported-by-positive-sentiment.htmlMon, 28 Oct 2019 15:04:00 GMTGLOBAL VANADIUM WRAP: Aggressive offers push ferro-vanadium prices down; V2O5 followsThe global vanadium market weakened further last week because of lackluster consumer interest and persistently poor sentiment.http://www.metalbulletin.com/Article/3901208/GLOBAL-VANADIUM-WRAP-Aggressive-offers-push-ferro-vanadium-prices-down-V2O5-follows.htmlMon, 28 Oct 2019 14:46:00 GMTALUMINIUM BILLET WRAP: US upcharge at record low; Thailand premium falls [CORRECTED)The premium for aluminium billet in the United States fell to a record low on Friday October 25 due to to continued sluggish demand, while premiums in Europe and Brazil remained under pressure. http://www.metalbulletin.com/Article/3901042/ALUMINIUM-BILLET-WRAP-US-upcharge-at-record-low-Thailand-premium-falls-[CORRECTED.htmlMon, 28 Oct 2019 14:18:00 GMTChina chrome ore imports hit 18-month high in September Shipments of chrome ore to China climbed to 1.5 million tonnes in September, their highest since March 2018, according to official but unconfirmed data seen by Fastmarkets. http://www.metalbulletin.com/Article/3901172/China-chrome-ore-imports-hit-18-month-high-in-September.htmlMon, 28 Oct 2019 14:15:00 GMTUS PIG IRON: Buyers start restocking as prices climbPig iron buyers in the United States have restarted their purchasing activity at higher prices because of a materials shortage, sources told Fastmarkets during the week ended Friday October 25. http://www.metalbulletin.com/Article/3901206/US-PIG-IRON-Buyers-start-restocking-as-prices-climb.htmlMon, 28 Oct 2019 14:15:00 GMTFANYA AUCTIONS ROLLING REPORT: Track the results of minor metals salesThe whereabouts of minor metal stocks held by the now defunct Fanya Metals Exchange has been a weight on the outlook of minor metals prices and contract negotiations since the exchange collapsed in 2015. http://www.metalbulletin.com/Article/3899362/FANYA-AUCTIONS-ROLLING-REPORT-Track-the-results-of-minor-metals-sales.htmlMon, 28 Oct 2019 14:11:00 GMTLME WEEK 2019: Metals industry needs to do more to tackle ESG issuesResponsible sourcing is top of the agenda for many companies in the metals space, partly driven by the LME’s push for an industry standard, yet an LME Week panel discussion suggested the industry could do so much more. http://www.metalbulletin.com/Article/3901175/LME-WEEK-2019-Metals-industry-needs-to-do-more-to-tackle-ESG-issues.htmlMon, 28 Oct 2019 13:58:00 GMTGLOBAL CHROME WRAP: Imported chrome products prices drop in China amid high stocks, imports Rising stocks and imports weighed on chrome ore prices in China last week while imported alloy prices dropped because of plentiful local supply. http://www.metalbulletin.com/Article/3901201/GLOBAL-CHROME-WRAP-Imported-chrome-products-prices-drop-in-China-amid-high-stocks-imports.htmlMon, 28 Oct 2019 12:40:00 GMTMore seaborne iron ore concentrate traded at premium, pellets stay softMore seaborne iron ore concentrate brands turned from discount to premium against the index last week, while the pellet segment remained weak.http://www.metalbulletin.com/Article/3901145/More-seaborne-iron-ore-concentrate-traded-at-premium-pellets-stay-soft.htmlMon, 28 Oct 2019 12:26:00 GMTLME WEEK 2019: Trade wars will continue to stifle global growth, Citibank saysThe prospects for global economic growth through to 2024 will be no better than average while trade tensions between the United States and China continue, Citibank's Catherine Mann said at the London Metal Exchange seminar on Monday October 28. http://www.metalbulletin.com/Article/3901169/LME-WEEK-2019-Trade-wars-will-continue-to-stifle-global-growth-Citibank-says.htmlMon, 28 Oct 2019 11:57:00 GMTLME WEEK 2019: Metals industry needs smarter partnerships in 2020s to reduce carbon footprint – Rio Tinto’s ceoThe metals industry needs to be smarter and play a bigger part in reducing its carbon footprint over the next decade to thrive in the 2020s, the chief executive officer of Rio Tinto, Jean-Sebastien Jacques, said.http://www.metalbulletin.com/Article/3901144/LME-WEEK-2019-Metals-industry-needs-smarter-partnerships-in-2020s-to-reduce-carbon-footprintRio.htmlMon, 28 Oct 2019 11:14:00 GMTHeavily negative import arbitrage sees lead TCs soar in October, zinc terms also riseTreatment charges (TCs) for both lead concentrates and zinc concentrates have been pushed up by low buying interest from major consumer China amid a closed arbitrage window for refined metals into the country. http://www.metalbulletin.com/Article/3901119/Heavily-negative-import-arbitrage-sees-lead-TCs-soar-in-October-zinc-terms-also-rise.htmlMon, 28 Oct 2019 11:00:00 GMTLIVE FUTURES REPORT 28/10: LME zinc price holds gains above $2,500/t amid high turnoverThe zinc price rose in morning trading on the London Metal Exchange on Monday October 28, finding support above $2,500 per tonne, with the forward spreads remaining tight. http://www.metalbulletin.com/Article/3901146/LIVE-FUTURES-REPORT-2810-LME-zinc-price-holds-gains-above-2500t-amid-high-turnover.htmlMon, 28 Oct 2019 10:42:00 GMTGLOBAL CHROME SNAPSHOT: Ore, import alloy prices weaken in China; liquidity subduedKey data from the pricing sessions in Asia, Europe and the United States for the week ending Friday October 25.http://www.metalbulletin.com/Article/3901057/GLOBAL-CHROME-SNAPSHOT-Ore-import-alloy-prices-weaken-in-China-liquidity-subdued.htmlMon, 28 Oct 2019 10:37:00 GMTCHINA HRC: Export prices expected to move higher on limited availabilityChina’s hot-rolled coil prices were flat domestically on Monday October 28, while some participants told Fastmarkets export prices would rise as mills shift allocation back to the domestic market amid stable prices.http://www.metalbulletin.com/Article/3901141/CHINA-HRC-Export-prices-expected-to-move-higher-on-limited-availability.htmlMon, 28 Oct 2019 09:15:00 GMTCHINA REBAR: Spot prices up, but outlook still bearishChina’s rebar prices picked up on Monday October 28 in both the domestic and the export markets, but the outlook among futures traders remained pessimistic. http://www.metalbulletin.com/Article/3901139/CHINA-REBAR-Spot-prices-up-but-outlook-still-bearish.htmlMon, 28 Oct 2019 08:58:00 GMTBETTING ON BLOCKCHAIN: Rabobank, Concord, PGS complete first physical repo trade A consortium including Dutch bank Rabobank, international trading firm Concord Resources and warehousing firm PGS has completed its first physical repo trade using a new blockchain platform. http://www.metalbulletin.com/Article/3900874/BETTING-ON-BLOCKCHAIN-Rabobank-Concord-PGS-complete-first-physical-repo-trade.htmlMon, 28 Oct 2019 08:30:00 GMTRamu nickel-cobalt mine restarts Operations at the Ramu nickel-cobalt project in northeast Papua New Guinea have restarted after a temporary closure, Reuters reported on Monday 28 October.http://www.metalbulletin.com/Article/3901134/Ramu-nickel-cobalt-mine-restarts.htmlMon, 28 Oct 2019 07:35:00 GMTBrazilian slab export prices down on lower bids, cheap offers to USSlab export prices from Brazilian producers fell further in the week ended Friday October 25 because producers were willing to accept lower bids to maintain sales volumes.http://www.metalbulletin.com/Article/3901093/Brazilian-slab-export-prices-down-on-lower-bids-cheap-offers-to-US.htmlMon, 28 Oct 2019 05:00:00 GMTLIVE FUTURES REPORT 28/10: SHFE base metals broadly higher amid easing Sino-US trade tensions, Zn up 2%Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading session on Monday October 28, with overall market sentiment buoyed by the positive progress in the trade negotiation between China and the United States, the world’s two largest economies. http://www.metalbulletin.com/Article/3901129/LIVE-FUTURES-REPORT-2810-SHFE-base-metals-broadly-higher-amid-easing-Sino-US-trade-tensions-Zn-up-2.htmlMon, 28 Oct 2019 05:00:00 GMTBrazilian domestic steel prices to remain stable until year end - CSNSteel prices are expected to remain stable in the Brazilian domestic market through the remainder of 2019 despite a still favorable import parity, the commercial director for Companhia Siderúrgica Nacional (CSN), Luis Martinez, said on Thursday October 24.http://www.metalbulletin.com/Article/3901086/Brazilian-domestic-steel-prices-to-remain-stable-until-year-end-CSN.htmlMon, 28 Oct 2019 01:31:00 GMTSamarco secures environmental permit; expects to resume pellet production by the end of 2020Brazilian iron ore pellet producer Samarco has received a license from a state environmental agency, allowing it to resume operations in its Germano complex, in southeastern Minas Gerais state, on Friday October 25.http://www.metalbulletin.com/Article/3901097/Samarco-secures-environmental-permit-expects-to-resume-pellet-production-by-the-end-of-2020.htmlMon, 28 Oct 2019 01:30:00 GMTSamsung SDI locks in NCM cathode materials supply from Umicore Umicore and Samsung SDI have agreed a multi-year deal whereby the former will supply the South Korean battery-manufacturer with almost 80,000 tonnes of nickel-cobalt-manganese [NCM] cathode materials, starting in 2020. http://www.metalbulletin.com/Article/3901088/Samsung-SDI-locks-in-NCM-cathode-materials-supply-from-Umicore.htmlMon, 28 Oct 2019 00:30:00 GMTGLOBAL BILLET WRAP: Bullish mood among CIS mills, increased demand in Turkey and higher scrap costs drive market further upwardPrices in the major global billet markets continued to show positive dynamics in the week ended Friday October 25, after CIS producers increased offers by $5-10 per tonne week on week due to reduced availability of the material. http://www.metalbulletin.com/Article/3900872/GLOBAL-BILLET-WRAP-Bullish-mood-among-CIS-mills-increased-demand-in-Turkey-and-higher-scrap-costs.htmlMon, 28 Oct 2019 00:01:00 GMTPRICING NOTICE: Proposal to increase regularity of normalization of manganese ore brands, extend consultation into payment termsFastmarkets proposes to increase the frequency of the normalization price data for its seaborne manganese ore indices to monthly from quarterly.http://www.metalbulletin.com/Article/3900758/PRICING-NOTICE-Proposal-to-increase-regularity-of-normalization-of-manganese-ore-brands-extend.htmlSun, 27 Oct 2019 15:22:00 GMTIndian silico-manganese market at 3-year low; Europe prices also downPersistently weak demand and sliding manganese ore prices have combined to drag down Indian silico-manganese prices to a level last seen on October 16, while the Europe market was also lower for similar reasons, according to European and Indian industry sources on Friday October 25. http://www.metalbulletin.com/Article/3901083/Indian-silico-manganese-market-at-3-year-low-Europe-prices-also-down.htmlFri, 25 Oct 2019 19:33:00 GMTIndian HRC export prices down by $25 per tonne in a weekThe price of India-origin hot-rolled coil for export in the week ended Friday October 25 was down by $25 per tonne following aggressive price cuts by local mills in the wake of short-selling of the commodity in the Southeast Asian markets. http://www.metalbulletin.com/Article/3901058/Indian-HRC-export-prices-down-by-25-per-tonne-in-a-week.htmlFri, 25 Oct 2019 19:22:00 GMTEUROPE STAINLESS STEEL: Prices stable with November surcharges likely steadyThe price of stainless steel in Europe was unchanged this week and alloy surcharges for November also appeared likely to remain largely unchanged, Fastmarkets heard on Friday October 25. http://www.metalbulletin.com/Article/3901065/EUROPE-STAINLESS-STEEL-Prices-stable-with-November-surcharges-likely-steady.htmlFri, 25 Oct 2019 18:58:00 GMTWEEKLY SCRAP WRAP: Global prices continue to rise across all marketsFerrous scrap prices on the global markets continued to move up during the working week ended Friday October 25, with a positive Turkish market adding to the stronger sentiment. http://www.metalbulletin.com/Article/3901032/WEEKLY-SCRAP-WRAP-Global-prices-continue-to-rise-across-all-markets.htmlFri, 25 Oct 2019 18:08:00 GMTGLOBAL MANGANESE SNAPSHOT: Lower grade ore plunges sparking a liquidity surgeKey data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 25.http://www.metalbulletin.com/Article/3901043/GLOBAL-MANGANESE-SNAPSHOT-Lower-grade-ore-plunges-sparking-a-liquidity-surge.htmlFri, 25 Oct 2019 18:00:00 GMTLIVE FUTURES REPORT 25/10: LME copper price closes at six-week high; zinc breaches $2,500/t The three-month copper price on the London Metal Exchange was higher at the close of trading on Friday October 25, settling above the $5,900 per tonne level for the first time since September amid thin turnover, while zinc futures similarly closed higher. http://www.metalbulletin.com/Article/3901061/LIVE-FUTURES-REPORT-2510-LME-copper-price-closes-at-six-week-high-zinc-breaches-2500t.htmlFri, 25 Oct 2019 17:57:00 GMTBATTERY RAW MATERIALS MARKET REPORT 25/10: Nickel sulfate buyers remain cautious amid volatilityAn overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3901040/BATTERY-RAW-MATERIALS-MARKET-REPORT-2510-Nickel-sulfate-buyers-remain-cautious-amid-volatility.htmlFri, 25 Oct 2019 17:43:00 GMTMINOR METALS MARKET REPORT 25/10: Bismuth price up on higher Chinese offers; markets await Sunday Fanya auctionAn overview of the minor metals markets and the reasons for their latest price moves.http://www.metalbulletin.com/Article/3901030/MINOR-METALS-MARKET-REPORT-2510-Bismuth-price-up-on-higher-Chinese-offers-markets-await-Sunday-Fanya.htmlFri, 25 Oct 2019 17:35:00 GMTUK SCRAP: Light iron market stable for fourth week in a rowThe inter-merchant spot market for UK-origin light iron scrap was unchanged in the week ended Friday October 25, extending a steady run of prices into a fourth week in line with domestic demand and a pick-up in European steel scrap export prices this month.http://www.metalbulletin.com/Article/3901037/UK-SCRAP-Light-iron-market-stable-for-fourth-week-in-a-row.htmlFri, 25 Oct 2019 17:17:00 GMTNOBLE ALLOYS MARKET REPORT 25/10: Aggressive offers push ferro-vanadium prices down; V2O5 followsAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3901024/NOBLE-ALLOYS-MARKET-REPORT-2510-Aggressive-offers-push-ferro-vanadium-prices-down-V2O5-follows.htmlFri, 25 Oct 2019 17:00:00 GMTDAILY SCRAP REPORT: Fresh US cargo pushes up prices by $4Turkish steel mills resumed their deep-sea scrap purchases at the end of this week, paying slightly higher prices, sources told Fastmarkets on Friday October 25.http://www.metalbulletin.com/Article/3901020/DAILY-SCRAP-REPORT-Fresh-US-cargo-pushes-up-prices-by-4.htmlFri, 25 Oct 2019 16:28:00 GMTTURKEY COATED FLAT STEEL: Prices fall again on weak demandTurkish prices for hot-dipped galvanized coil (HDG) fell in the week ended Friday October 25, with demand remaining weak, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3900933/TURKEY-COATED-FLAT-STEEL-Prices-fall-again-on-weak-demand.htmlFri, 25 Oct 2019 15:35:00 GMTCHINA COPPER PREMIUM SNAPSHOT: Cif Shanghai premium falls for two consecutive days on widening arb loss The widening arbitrage loss and low buying interest weighed on the Shanghai copper cathode premiums in the week ended Friday October 25. http://www.metalbulletin.com/Article/3900838/CHINA-COPPER-PREMIUM-SNAPSHOT-Cif-Shanghai-premium-falls-for-two-consecutive-days-on-widening-arb.htmlFri, 25 Oct 2019 15:10:00 GMTGlencore year-to-date copper, nickel production falls Switzerland-based commodity trading and mining company Glencore recorded a year-to-date decrease in copper and nickel production for the third quarter of 2019, while zinc production increased.http://www.metalbulletin.com/Article/3900820/Glencore-year-to-date-copper-nickel-production-falls.htmlFri, 25 Oct 2019 14:58:00 GMTCHINA MINOR METALS MARKET REPORT 25/10: Bismuth gains more uptrend momentum, indium dipsAn overview of the Chinese minor metals markets and the reasons for their latest price moves. http://www.metalbulletin.com/Article/3900842/CHINA-MINOR-METALS-MARKET-REPORT-2510-Bismuth-gains-more-uptrend-momentum-indium-dips.htmlFri, 25 Oct 2019 14:35:00 GMTPOLAND REBAR: Domestic prices down, expected to recover Domestic rebar prices in Poland have decreased over the past week, but the price trend is expected to change on the recovery of the international scrap market, sources told Fastmarkets on Friday October 25.http://www.metalbulletin.com/Article/3900841/POLAND-REBAR-Domestic-prices-down-expected-to-recover.htmlFri, 25 Oct 2019 14:22:00 GMTLME outlines responsible sourcing requirements, route to compliance The London Metal Exchange has set out its requirements for responsible sourcing, outlining three routes to compliance. http://www.metalbulletin.com/Article/3900844/LME-outlines-responsible-sourcing-requirements-route-to-compliance.htmlFri, 25 Oct 2019 13:14:00 GMTCollapsed conveyor in Guinea to disrupt bauxite operations; alumina prices continue to firm Bauxite deliveries from Cie des Bauxites de Guinée’s (CBG) at the port of Kamsar in Guinea will be disrupted due to a broken conveyor, sources told Fastmarkets. http://www.metalbulletin.com/Article/3900828/Collapsed-conveyor-in-Guinea-to-disrupt-bauxite-operations-alumina-prices-continue-to-firm.htmlFri, 25 Oct 2019 12:57:00 GMTBETTING ON BLOCKCHAIN: Consortium including Glencore to explore blockchain for responsible sourcingA group of metals and mining companies including Glencore and Anglo American have joined forces with the World Economic Forum to explore the use of blockchain technology to accelerate responsible sourcing of raw materials. http://www.metalbulletin.com/Article/3900836/BETTING-ON-BLOCKCHAIN-Consortium-including-Glencore-to-explore-blockchain-for-responsible-sourcing.htmlFri, 25 Oct 2019 12:40:00 GMTIRON ORE DAILY: Seaborne prices see slight uptick after environmental restrictions lifted in TangshanSeaborne iron ore prices rose slightly on Friday October 25 after environmental restrictions in Tangshan were lifted, which could spur some iron ore demand.http://www.metalbulletin.com/Article/3900837/IRON-ORE-DAILY-Seaborne-prices-see-slight-uptick-after-environmental-restrictions-lifted-in-Tangshan.htmlFri, 25 Oct 2019 12:40:00 GMTCOKING COAL DAILY: Prices for premium products fall below $150 per tonne fob AustraliaSeaborne coking coal prices dropped on Friday October 25 to the surprise of some participants following several weeks of robust buying activity from China.http://www.metalbulletin.com/Article/3900835/COKING-COAL-DAILY-Prices-for-premium-products-fall-below-150-per-tonne-fob-Australia.htmlFri, 25 Oct 2019 12:20:00 GMTGLOBAL LITHIUM WRAP: Chinese hydroxide market ‘in a mess’ amid lower offer prices, weak demand The Chinese lithium hydroxide and carbonate price gap has narrowed further in the week to Thursday October 24 after the former assessment dropped over 3% while producers of the latter insisted on current prices. http://www.metalbulletin.com/Article/3900832/GLOBAL-LITHIUM-WRAP-Chinese-hydroxide-market-in-a-mess-amid-lower-offer-prices-weak-demand.htmlFri, 25 Oct 2019 12:20:00 GMTSurging scrap market fails to jolt Southeast Asian billet import prices Prices in Southeast Asia’s steel billet market declined slightly during the week to Friday October 25 despite a recovery in ferrous scrap prices amid an ample supply of Indian and Japanese billets.http://www.metalbulletin.com/Article/3900830/Surging-scrap-market-fails-to-jolt-Southeast-Asian-billet-import-prices.htmlFri, 25 Oct 2019 11:59:00 GMTCHINA HRC: Bearish outlook clouds domestic market despite stabilityChina’s domestic hot-rolled coil prices remained largely stable on Friday October 25 on steady demand, though market participants have a bearish outlook for the longer term. http://www.metalbulletin.com/Article/3900822/CHINA-HRC-Bearish-outlook-clouds-domestic-market-despite-stability.htmlFri, 25 Oct 2019 11:41:00 GMTLIVE FUTURES REPORT 25/10: Prices flat on low volume; stock levels continue to fallBase metals prices on the London Metal Exchange were little changed on Friday October 25 despite continued drawdowns of LME stocks.http://www.metalbulletin.com/Article/3900826/LIVE-FUTURES-REPORT-2510-Prices-flat-on-low-volume-stock-levels-continue-to-fall.htmlFri, 25 Oct 2019 11:28:00 GMTLME WEEK 2019: From best to worst - a bad year for LME tin?Despite ending 2018 as the best performer among the base metals after being the worst in the previous year, London Metal Exchange tin has entered the fourth quarter of 2019 as the laggard. http://www.metalbulletin.com/Article/3900774/LME-WEEK-2019-From-best-to-worst-a-bad-year-for-LME-tin.htmlFri, 25 Oct 2019 11:20:00 GMTASIA FERROUS SCRAP: Taiwan import price could rise above $240 per tonne Taiwanese spot import prices for containerized HMS1&2(80:20) may break past $240 per tonne cfr soon given the bullish sentiment in other key spot markets, market sources told Fastmarkets.http://www.metalbulletin.com/Article/3900806/ASIA-FERROUS-SCRAP-Taiwan-import-price-could-rise-above-240-per-tonne.htmlFri, 25 Oct 2019 11:05:00 GMTCHINA REBAR: Domestic price largely flat despite futures gainsChina’s domestic rebar prices were largely flat on Friday October 25, while billet and futures both moved up.http://www.metalbulletin.com/Article/3900818/CHINA-REBAR-Domestic-price-largely-flat-despite-futures-gains.htmlFri, 25 Oct 2019 10:52:00 GMTFOCUS: Chinese rebar supply set to drop amid thinning margins for EAF millsA declining rebar market in China coupled with elevated prices for scrap have put a squeeze to the profit margins of electric-arc furnace operators in the country since September.http://www.metalbulletin.com/Article/3900807/FOCUS-Chinese-rebar-supply-set-to-drop-amid-thinning-margins-for-EAF-mills.htmlFri, 25 Oct 2019 09:32:00 GMTVale posts 6% rise in Q3 earning on high iron ore prices Vale saw its adjusted earnings grow by 6.4% year on year in the third quarter amid higher prices and lower expenses related to the Brumadinho tailings dam disaster early this year.http://www.metalbulletin.com/Article/3900795/Vale-posts-6-rise-in-Q3-earning-on-high-iron-ore-prices.htmlFri, 25 Oct 2019 06:45:00 GMTLIVE FUTURES REPORT 25/10: SHFE zinc price drops 0.9%; rest of complex little changed to downBase metals traded on the Shanghai Futures Exchange were broadly down during the morning trading session on Friday October 25, with the complex pressured by disappointing manufacturing data released on Thursday and a recovery in the dollar index.http://www.metalbulletin.com/Article/3900809/LIVE-FUTURES-REPORT-2510-SHFE-zinc-price-drops-09-rest-of-complex-little-changed-to-down.htmlFri, 25 Oct 2019 06:31:00 GMTCodelco resumes normal operations after one-day strikeChilean state-owned copper producer Codelco resumed normal operations on Thursday October 24, following a one-day strike on Wednesday, after unions recommended workers return to their duties.http://www.metalbulletin.com/Article/3900789/Codelco-resumes-normal-operations-after-one-day-strike.htmlFri, 25 Oct 2019 05:28:00 GMTLME WEEK 2019 - COMMENT: Macro concerns, volatility leave minor metals, ferro-alloys markets looking for ways to manage risk in 2020 Bearish macroeconomic signals and oversupply have put minor metals and ferro-alloys prices variously under pressure over 2019; the structure and terms of contracts agreed over the coming weeks will show how market participants are accounting for those signals ahead of 2020. http://www.metalbulletin.com/Article/3900622/LME-WEEK-2019-COMMENT-Macro-concerns-volatility-leave-minor-metals-ferro-alloys-markets-looking-for.htmlFri, 25 Oct 2019 04:00:00 GMTLME WEEK 2019: How the bismuth market mirrors the macroeconomic effects of the US-China trade warThe protracted United States-China trade war has deterred trading in many minor metals for most of 2019, with bismuth in particular taking a hit. http://www.metalbulletin.com/Article/3897771/LME-WEEK-2019-How-the-bismuth-market-mirrors-the-macroeconomic-effects-of-the-US-China-trade-war.htmlFri, 25 Oct 2019 03:30:00 GMTLME WEEK 2019: Market sees short-term support for iron ore pricesSeaborne iron ore prices looked set to find support from restocking demand in China in October but the outlook for the rest of the quarter and months ahead is uncertain.http://www.metalbulletin.com/Article/3897308/LME-WEEK-2019-Market-sees-short-term-support-for-iron-ore-prices.htmlFri, 25 Oct 2019 01:30:00 GMTLME WEEK 2019: Miners to play a volume game in post-trade-war worldThe continued unpredictability of trade relations between China and the United States has made long-term planning harder for businesses, including mining companies.http://www.metalbulletin.com/Article/3894452/LME-WEEK-2019-Miners-to-play-a-volume-game-in-post-trade-war-world.htmlThu, 24 Oct 2019 18:30:00 GMTPRICING NOTICE: Corrections to Fastmarkets’ Iron Ore Index Implied Pellet Premium historical dataFastmarkets has identified several rounding discrepancies in its implied pellet premium historical prices between data published in the Excel file on the MB Iron Ore Index website; and those published in Price Book and distributed via the Excel Add-In. http://www.metalbulletin.com/Article/3899336/PRICING-NOTICE-Corrections-to-Fastmarkets-Iron-Ore-Index-Implied-Pellet-Premium-historical-data.htmlThu, 24 Oct 2019 18:20:00 GMTLIVE FUTURES REPORT 24/10: LME tin price tops gains in 1.2% climb; nickel follows higherThe three-month tin price on the London Metal Exchange was higher at the close of trading on Thursday October 24, climbing by more than 1% amid low turnover while nickel futures maintained upward momentum over the afternoon. http://www.metalbulletin.com/Article/3900764/LIVE-FUTURES-REPORT-2410-LME-tin-price-tops-gains-in-12-climb-nickel-follows-higher.htmlThu, 24 Oct 2019 18:00:00 GMTLME WEEK 2019: Continued Trump-China stand-off souring metals sentimentThe global economy has been transfixed by the China-United States trade war that came to the fore in the second quarter of 2018. http://www.metalbulletin.com/Article/3896816/LME-WEEK-2019-Continued-Trump-China-stand-off-souring-metals-sentiment.htmlThu, 24 Oct 2019 17:45:00 GMTLME WEEK 2019: The tools to tradeTrade wars, slowing economic growth, Brexit… the storm clouds are gathering for metals markets around the world. http://www.metalbulletin.com/Article/3900759/LME-WEEK-2019-The-tools-to-trade.htmlThu, 24 Oct 2019 17:28:00 GMTTURKEY STEEL BILLET: Reduced supplies, rising scrap costs push up pricesThe price of steel billet in the Turkish market increased over the past week because of tight supplies and rising imported scrap costs, sources said on Thursday October 24. http://www.metalbulletin.com/Article/3900749/TURKEY-STEEL-BILLET-Reduced-supplies-rising-scrap-costs-push-up-prices.htmlThu, 24 Oct 2019 17:13:00 GMTCIS PIG IRON: Prices up on resumption of sales to key marketsExport pig iron prices from the Commonwealth of Independent States increased this week on the resumption of sales to key markets, with buyers accepting higher prices due to shortages of the steelmaking raw material. http://www.metalbulletin.com/Article/3900748/CIS-PIG-IRON-Prices-up-on-resumption-of-sales-to-key-markets.htmlThu, 24 Oct 2019 16:40:00 GMTDAILY SCRAP REPORT: Mills extend their silence in deep-sea markets, offers still firmTurkish steel producers have remained out of the deep-sea scrap import markets as most of them are fully booked for November shipment cargoes, sources said on Thursday October 24.http://www.metalbulletin.com/Article/3900720/DAILY-SCRAP-REPORT-Mills-extend-their-silence-in-deep-sea-markets-offers-still-firm.htmlThu, 24 Oct 2019 16:00:00 GMTTURKEY LONG STEEL: Domestic prices down on stronger liraDomestic long steel prices in the Turkish market have retreated slightly over the past week on the back of a strengthening lira against the US dollar, sources said on Thursday October 24. http://www.metalbulletin.com/Article/3900693/TURKEY-LONG-STEEL-Domestic-prices-down-on-stronger-lira.htmlThu, 24 Oct 2019 15:45:00 GMTTURKEY LONG STEEL EXPORTS: Mills raise prices despite limited demandThe export prices of rebar and wire rod from Turkey have continued to increase over the past week, because of the rising cost of scrap and the reduced supplies due to production cuts in the country. http://www.metalbulletin.com/Article/3900691/TURKEY-LONG-STEEL-EXPORTS-Mills-raise-prices-despite-limited-demand.htmlThu, 24 Oct 2019 15:35:00 GMTAT A GLANCE: SCC copper output up, zinc production down in Q3A summary of Southern Copper Corp’s production results for the third quarter of 2019, following the release of the company’s earnings report on Wednesday October 23.http://www.metalbulletin.com/Article/3900689/AT-A-GLANCE-SCC-copper-output-up-zinc-production-down-in-Q3.htmlThu, 24 Oct 2019 14:50:00 GMTEGYPT STEEL BILLET, REBAR: Rebar price stable but billet price rises againThe price for steel rebar in Egypt was stable in the week ended Thursday October 24, but the import price for steel billet has increased again, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3900638/EGYPT-STEEL-BILLET-REBAR-Rebar-price-stable-but-billet-price-rises-again.htmlThu, 24 Oct 2019 14:35:00 GMTIRON ORE DAILY: Seaborne prices continue to edge up despite limited activity After spending most of the day rangebound, seaborne iron ore prices again edged up on Thursday October 24, despite limited activity in the market. http://www.metalbulletin.com/Article/3900630/IRON-ORE-DAILY-Seaborne-prices-continue-to-edge-up-despite-limited-activity.htmlThu, 24 Oct 2019 13:48:00 GMTLME WEEK 2019: Shadow-stock reporting faces headwinds but LME reform on right path – sourcesThe London Metal Exchange’s mission to create more transparency in stock levels may not be popular with the whole market but it is a big step toward fixing key issues with the exchange, sources told Fastmarkets. http://www.metalbulletin.com/Article/3900628/LME-WEEK-2019-Shadow-stock-reporting-faces-headwinds-but-LME-reform-on-right-pathsources.htmlThu, 24 Oct 2019 12:57:00 GMTCOKING COAL DAILY: Teck sees Indian, Southeast Asian demand as long-term driversOne of the largest producers of metallurgical coal expects rising steelmaking capacity in India and Southeast Asia as well as constraints on investments in steelmaking coal capacity to be the long-term drivers of the market.http://www.metalbulletin.com/Article/3900627/COKING-COAL-DAILY-Teck-sees-Indian-Southeast-Asian-demand-as-long-term-drivers.htmlThu, 24 Oct 2019 12:17:00 GMTManganese ore market warns of further steep downside amid oversupply, liquidation risk Manganese ore market participants are predicting further sharp price falls due to oversupply, rising stocks and the prospect of traders liquidating positions to secure cash.http://www.metalbulletin.com/Article/3900626/Manganese-ore-market-warns-of-further-steep-downside-amid-oversupply-liquidation-risk.htmlThu, 24 Oct 2019 11:50:00 GMTLME WEEK 2019: Bears, bulls divided over fickle LME nickel priceMarket analysts are preparing their predictions for base metals prices on the London Metal Exchange ahead of LME Week 2019, but the recent volatility in LME nickel prices and spreads is proving an obstacle to price forecasting for the fourth quarter of the year.http://www.metalbulletin.com/Article/3900584/LME-WEEK-2019-Bears-bulls-divided-over-fickle-LME-nickel-price.htmlThu, 24 Oct 2019 11:30:00 GMTCHINA HRC: Mills shifting focus to domestic market amid stable pricesChina’s hot-rolled coil producers continued to shift their focus to the country’s domestic market, with prices there being largely stable on Thursday October 24 amid declining inventory levels.http://www.metalbulletin.com/Article/3900619/CHINA-HRC-Mills-shifting-focus-to-domestic-market-amid-stable-prices.htmlThu, 24 Oct 2019 11:06:00 GMTBritish Steel takeover by Turkish army pension fund at risk of collapse The proposed takeover of steelmaker British Steel by a Turkish army pension fund is looking uncertain with the UK government indicating it is willing to open talks with other interested parties, the official receiver said.http://www.metalbulletin.com/Article/3900620/British-Steel-takeover-by-Turkish-army-pension-fund-at-risk-of-collapse.htmlThu, 24 Oct 2019 10:54:00 GMTGLOBAL TIN WRAP: US Midwest tin premium edges higher amid reduced supply; poor demand caps European, Asian marketsThe Midwest-delivered tin premium in the United States moved up this week against a continued draw on domestic supply in the region, while high availability of London Metal Exchange warrants and narrow import opportunities kept both European and Asian physical premiums flat.http://www.metalbulletin.com/Article/3900572/GLOBAL-TIN-WRAP-US-Midwest-tin-premium-edges-higher-amid-reduced-supply-poor-demand-caps-European.htmlThu, 24 Oct 2019 10:40:00 GMTLIVE FUTURES REPORT 24/10: LME nickel price climbs 1% while spreads widen; zinc moves higher The three-month nickel price on the London Metal Exchange was higher during morning trading on Thursday October 24, climbing just under 1% amid moderate turnover, while a similar uptick in zinc saw the galvanizing metal close in on nearby resistance levels. http://www.metalbulletin.com/Article/3900617/LIVE-FUTURES-REPORT-2410-LME-nickel-price-climbs-1-while-spreads-widen-zinc-moves-higher.htmlThu, 24 Oct 2019 10:29:00 GMTFMG expects strong Chinese demand for iron ore to continueFortescue Metals Group (FMG) has kept its shipment guidance unchanged for its 2020 financial year (FY20) at 170-175 million tonnes, according to its latest quarterly report, released on Thursday October 24. http://www.metalbulletin.com/Article/3900615/FMG-expects-strong-Chinese-demand-for-iron-ore-to-continue.htmlThu, 24 Oct 2019 09:38:00 GMTSGX’s 65% Fe iron ore contract passes 3 mln tonnes in a month for first timeThe 65% Fe iron ore derivative contract offered by the Singapore Exchange (SGX) had cleared more than 3 million tonnes in a month for the first time at 4:40 pm Singapore time on Wednesday October 23. http://www.metalbulletin.com/Article/3900323/SGXs-65-Fe-iron-ore-contract-passes-3-mln-tonnes-in-a-month-for-first-time.htmlThu, 24 Oct 2019 09:25:00 GMTCHINA REBAR: Sentiment still bearish despite sharp inventory drop China’s domestic rebar prices were unchanged on Thursday October 24 , although market participants told Fastmarkets they expected prices to start dropping amid weakening demand despite data showing a sharp decrease in inventory levels.http://www.metalbulletin.com/Article/3900614/CHINA-REBAR-Sentiment-still-bearish-despite-sharp-inventory-drop.htmlThu, 24 Oct 2019 09:10:00 GMTLIVE FUTURES REPORT 24/10: Strength in SHFE nickel price persists; other metals broadly upWith the exception of tin, base metals prices on the Shanghai Futures Exchange were up during the morning trading session on Thursday October 24.http://www.metalbulletin.com/Article/3900610/LIVE-FUTURES-REPORT-2410-Strength-in-SHFE-nickel-price-persists-other-metals-broadly-up.htmlThu, 24 Oct 2019 05:05:00 GMTMINOR METALS MARKET REPORT 23/10: Cheap manganese flake offers find no resistance; selenium dipsAn overview of the minor metals markets and the reasons for their latest price moves. http://www.metalbulletin.com/Article/3900574/MINOR-METALS-MARKET-REPORT-2310-Cheap-manganese-flake-offers-find-no-resistance-selenium-dips.htmlWed, 23 Oct 2019 19:25:00 GMTEUROPE HRC: Domestic prices stable in the north, down in the south Domestic hot-rolled coil prices in Northern Europe have been stable over the past week, while prices in the south declined by €5 per tonne over the period, sources told Fastmarkets on Wednesday October 23. http://www.metalbulletin.com/Article/3900563/EUROPE-HRC-Domestic-prices-stable-in-the-north-down-in-the-south.htmlWed, 23 Oct 2019 19:19:00 GMTSOUTHERN EUROPE REBAR: Prices stable, participants watching scrap costsThe price of steel rebar in the Southern European domestic market has been stable this week but participants were closely watching the ferrous scrap markets to see how prices there would develop, Fastmarkets heard on Wednesday October 23. http://www.metalbulletin.com/Article/3900569/SOUTHERN-EUROPE-REBAR-Prices-stable-participants-watching-scrap-costs.htmlWed, 23 Oct 2019 19:00:00 GMT CIS STEEL BILLET: Offers keep rising on reduced availabilityCIS billet producers continued to increase their export offer prices, this week, amid reduced availability of the material in the market. http://www.metalbulletin.com/Article/3900566/CIS-STEEL-BILLET-Offers-keep-rising-on-reduced-availability.htmlWed, 23 Oct 2019 18:58:00 GMTEUROPE WIRE ROD: Price widens downwards on weak fundamentalsDomestic prices for steel wire rod in Northern Europe have widened downward in the past seven days on weak market fundamentals, despite higher Turkish scrap prices this month, Fastmarkets heard on Wednesday October 23. http://www.metalbulletin.com/Article/3900576/EUROPE-WIRE-ROD-Price-widens-downwards-on-weak-fundamentals.htmlWed, 23 Oct 2019 18:25:00 GMTIran export billet price on uptrend but slab price slipsExport billet and slab prices in Iran moved in different directions in the week ended Wednesday October 23 with trends in the global markets showing a similar divergence. http://www.metalbulletin.com/Article/3900564/Iran-export-billet-price-on-uptrend-but-slab-price-slips.htmlWed, 23 Oct 2019 18:15:00 GMTLIVE FUTURES REPORT 23/10: LME copper price climbs 1% toward $5,900/t; tin price lags The three-month copper price on the London Metal Exchange rose to its highest level in more than a month at the close of trading on Wednesday October 23 amid positive forward spreads, while tin futures underperformed in a 2% decline over the afternoon. http://www.metalbulletin.com/Article/3900579/LIVE-FUTURES-REPORT-2310-LME-copper-price-climbs-1-toward-5900t-tin-price-lags.htmlWed, 23 Oct 2019 18:02:00 GMTGLOBAL NICKEL WRAP: Volatile nickel price, spread action precludes buyer activity Buyers in all regions stayed on the sidelines in the week to Tuesday October 22 amid London Metal Exchange nickel price and spread volatility. http://www.metalbulletin.com/Article/3900491/GLOBAL-NICKEL-WRAP-Volatile-nickel-price-spread-action-precludes-buyer-activity.htmlWed, 23 Oct 2019 17:53:00 GMTTITANIUM SNAPSHOT: Alloy, scrap markets stable with sellers starting long-term supply talks Key data from Fastmarkets’ pricing session in Europe on Wednesday October 23. http://www.metalbulletin.com/Article/3900492/TITANIUM-SNAPSHOT-Alloy-scrap-markets-stable-with-sellers-starting-long-term-supply-talks.htmlWed, 23 Oct 2019 17:07:00 GMTDAILY SCRAP REPORT: Mills pause scrap purchases, focus on finished product salesTurkish steel mills have extended their silence in the deep-sea scrap markets and are now focused on the markets for billet and finished long steel, sources said on Wednesday October 23. http://www.metalbulletin.com/Article/3900400/DAILY-SCRAP-REPORT-Mills-pause-scrap-purchases-focus-on-finished-product-sales.htmlWed, 23 Oct 2019 16:56:00 GMTHBI exports from Venezuela still low on sanctions pressureExports of hot-briquetted iron from Venezuela have remained low in recent weeks because of a continuing shortage of iron ore pellets and pressure from sanctions imposed by the United States, sources told Fastmarkets on Wednesday October 23. http://www.metalbulletin.com/Article/3900460/HBI-exports-from-Venezuela-still-low-on-sanctions-pressure.htmlWed, 23 Oct 2019 16:55:00 GMTNORTHERN EUROPE REBAR: Price widens downwards but November rises possible on scrap costsThe price range for steel rebar in the Northern European domestic market widened downward slightly this week on supply and demand pressures, but higher scrap costs could push rebar prices upward during November, sources told Fastmarkets on Wednesday October 23. http://www.metalbulletin.com/Article/3900527/NORTHERN-EUROPE-REBAR-Price-widens-downwards-but-November-rises-possible-on-scrap-costs.htmlWed, 23 Oct 2019 16:52:00 GMTGLOBAL ZINC & LEAD WRAP: Uptick in Southeast Asian lead interest pushes premium up 4% The Southeast Asian lead premium rose by 4.2% week on week on increased spot interest, with market participants suggesting an uptick in automotive sales as a key tailwind; meanwhile, global zinc premiums were unchanged amid stagnant spot demand and tight forward spreads. http://www.metalbulletin.com/Article/3900335/GLOBAL-ZINC-and-LEAD-WRAP-Uptick-in-Southeast-Asian-lead-interest-pushes-premium-up-4.htmlWed, 23 Oct 2019 16:42:00 GMTPRICING NOTICE: Proposal to discontinue fortnightly mercury price assessment Fastmarkets is proposing to discontinue its fortnightly price assessments for mercury. http://www.metalbulletin.com/Article/3900326/PRICING-NOTICE-Proposal-to-discontinue-fortnightly-mercury-price-assessment.htmlWed, 23 Oct 2019 15:58:00 GMTNOBLE ALLOYS MARKET REPORT 23/10: Aggressive offers, persistently weak demand send prices tumblingAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3900458/NOBLE-ALLOYS-MARKET-REPORT-2310-Aggressive-offers-persistently-weak-demand-send-prices-tumbling.htmlWed, 23 Oct 2019 15:46:00 GMTCodelco copper units hit by Chilean strike actionTwo of Codelco’s divisions are operating at minimum rates or have been completely halted due to a general strike in Chile, the state-owned copper producer said on Wednesday October 23.http://www.metalbulletin.com/Article/3900456/Codelco-copper-units-hit-by-Chilean-strike-action.htmlWed, 23 Oct 2019 15:35:00 GMTGlobal refined copper balance to shift to surplus in 2020 - ICSG The global refined copper balance will switch from a deficit this year to a surplus next year on an expansion in Chinese refining capacity and a slowdown in global economic growth, the International Copper Study Group (ICSG) said on Wednesday October 23.http://www.metalbulletin.com/Article/3900338/Global-refined-copper-balance-to-shift-to-surplus-in-2020-ICSG.htmlWed, 23 Oct 2019 14:25:00 GMTLME WEEK 2019: Aluminium traders eye 'perfect storm' to cash and carry in 2020 A combination of weak macroeconomics and an anticipated increase of global aluminium supply is prompting expectations that more participants will purchase metal with the intention of holding and financing it for long-term gain. http://www.metalbulletin.com/Article/3899732/LME-WEEK-2019-Aluminium-traders-eye-perfect-storm-to-cash-and-carry-in-2020.htmlWed, 23 Oct 2019 14:02:00 GMTIRON ORE DAILY: Seaborne prices edge up in line with futures activitySeaborne iron ore prices edged up on Wednesday October 23 in line with the trend seen in the futures market. http://www.metalbulletin.com/Article/3900330/IRON-ORE-DAILY-Seaborne-prices-edge-up-in-line-with-futures-activity.htmlWed, 23 Oct 2019 13:20:00 GMTCOKING COAL DAILY: Chinese buying continues to shape seaborne marketChina continues to drive trading activity in the seaborne coking coal market, with hardly any interest emerging elsewhere. http://www.metalbulletin.com/Article/3900332/COKING-COAL-DAILY-Chinese-buying-continues-to-shape-seaborne-market.htmlWed, 23 Oct 2019 12:25:00 GMTRio Tinto to expand business into lithium industry Rio Tinto is planning to step into the lithium industry in the United States following the booming prospects for the new energy vehicles (NEVs) sector. http://www.metalbulletin.com/Article/3900331/Rio-Tinto-to-expand-business-into-lithium-industry.htmlWed, 23 Oct 2019 11:59:00 GMTCHINA HRC: Mills make attempt to raise domestic pricesChinese mills raised their domestic offers on Wednesday October 23, though buyers in the eastern region put up some resistance against them, resulting in a smaller price rise in comparison with those in the northern region.http://www.metalbulletin.com/Article/3900320/CHINA-HRC-Mills-make-attempt-to-raise-domestic-prices.htmlWed, 23 Oct 2019 11:45:00 GMTANTOFAGASTA AT A GLANCE: Q3 2019 production resultsA summary of Antofagasta’s production results for the third quarter of 2019 following the company’s results report released on Wednesday October 23.http://www.metalbulletin.com/Article/3900325/ANTOFAGASTA-AT-A-GLANCE-Q3-2019-production-results.htmlWed, 23 Oct 2019 11:20:00 GMTLIVE FUTURES REPORT 23/10: LME nickel falls 1% despite drawdowns; C/3M contango persists The London Metal Exchange three-month nickel price was trading down 1% at around $16,330 per tonne during the morning session on Thursday October 23, with persistent drawdowns failing to give support to nickel futures. http://www.metalbulletin.com/Article/3900321/LIVE-FUTURES-REPORT-2310-LME-nickel-falls-1-despite-drawdowns-C3M-contango-persists.htmlWed, 23 Oct 2019 10:33:00 GMTGLOBAL ALUMINIUM WRAP: Rotterdam duty-unpaid premium slides again amid bearish sentimentThe benchmark duty-unpaid premium in the Dutch port of Rotterdam has fallen for a fourth consecutive week, with persistent backwardations in London Metal Exchange forward price spreads continuing to fuel bearish sentiment in the market.http://www.metalbulletin.com/Article/3900315/GLOBAL-ALUMINIUM-WRAP-Rotterdam-duty-unpaid-premium-slides-again-amid-bearish-sentiment.htmlWed, 23 Oct 2019 10:20:00 GMTHydro's Alunorte ops rise to 83% capacity; Q3 earnings down on depressed prices Alunorte alumina refinery’s utilization rate reached 83% of its capacity in the third quarter following the end to federal court-imposed embargoes, owner Norsk Hydro said on Wednesday October 23.http://www.metalbulletin.com/Article/3900319/Hydros-Alunorte-ops-rise-to-83-capacity-Q3-earnings-down-on-depressed-prices.htmlWed, 23 Oct 2019 10:18:00 GMTLME WEEK 2019: Backwardations normal market feature but technical squeezes should not be - LME CEOThere have been a significant number of large backwardations on London Metal Exchange futures contracts throughout 2019 and questions have been raised about whether the exchange’s spreads truly reflect the fundamentals of the market.http://www.metalbulletin.com/Article/3900294/LME-WEEK-2019-Backwardations-normal-market-feature-but-technical-squeezes-should-not-be-LME-CEO.htmlWed, 23 Oct 2019 09:22:00 GMTCHINA REBAR: Active selling keeps price flat even as billet, futures strengthen China’s domestic rebar prices were flat on Wednesday October 23 as active selling by stockists offset stronger billet and futures prices. http://www.metalbulletin.com/Article/3900317/CHINA-REBAR-Active-selling-keeps-price-flat-even-as-billet-futures-strengthen.htmlWed, 23 Oct 2019 09:17:00 GMTChinese mills lower plate export prices amid strong competition China’s plate producers lowered their export prices over the past week amid fierce competition from Japanese and South Korean sellers.http://www.metalbulletin.com/Article/3900309/Chinese-mills-lower-plate-export-prices-amid-strong-competition.htmlWed, 23 Oct 2019 08:34:00 GMTExport prices for Chinese wire rod drop sharply on selling pressureExport prices for Chinese wire rod continued to tumble over the past week with mills coming under pressure to secure overseas orders.http://www.metalbulletin.com/Article/3900306/Export-prices-for-Chinese-wire-rod-drop-sharply-on-selling-pressure.htmlWed, 23 Oct 2019 07:34:00 GMTLIVE FUTURES REPORT 23/10: SHFE base metals prices broadly down; Ni jumps 2.7%Barring those for nickel and tin, base metals prices on the Shanghai Futures Exchange were down during the morning trading session on Wednesday October 23. http://www.metalbulletin.com/Article/3900308/LIVE-FUTURES-REPORT-2310-SHFE-base-metals-prices-broadly-down-Ni-jumps-27.htmlWed, 23 Oct 2019 06:06:00 GMTGLOBAL COPPER WRAP: Shanghai spot interest stays low; premiums unchanged in Europe, Aurubis rolls over annual benchmark at $96/tPremiums for copper cathode on a cif basis in China were flat this past week amid lackluster spot activity due to a closed import arbitrage window, while rates in Europe, where major producer Aurubis announced it would be rolling over its annual benchmark premium for 2020, were similarly unchanged.http://www.metalbulletin.com/Article/3900278/GLOBAL-COPPER-WRAP-Shanghai-spot-interest-stays-low-premiums-unchanged-in-Europe-Aurubis-rolls-over.htmlWed, 23 Oct 2019 04:17:00 GMTRio Tinto mulls fate of New Zealand aluminium smelterRio Tinto has launched a strategic review of its Tiwai Point aluminium smelter in New Zealand, and will make a final decision on the smelter’s fate by the first quarter of 2020, while it considers curtailment or closure, among other options, Rio Tinto told Fastmarkets on Tuesday October 22.http://www.metalbulletin.com/Article/3900303/Rio-Tinto-mulls-fate-of-New-Zealand-aluminium-smelter.htmlWed, 23 Oct 2019 03:32:00 GMTMexican steel scrap market continues to show gradual price cutsPrices for most grades of ferrous scrap in Mexico fell in the week ended Friday October 18, with mills continuing to apply price cuts while they adjusted to recent settlements in the United States and other regions. http://www.metalbulletin.com/Article/3900285/Mexican-steel-scrap-market-continues-to-show-gradual-price-cuts.htmlTue, 22 Oct 2019 18:42:00 GMTLIVE FUTURES REPORT 22/10: LME nickel C/3M spread snaps back into contango, closes up 2.6% The benchmark London Metal Exchange cash/three-month spread is once more trading in a contango of around $20 per tonne on Tuesday October 22 following a period of deep and sustained backwardation up until yesterday when the spread was in a $108 per tonne backwardation. http://www.metalbulletin.com/Article/3900274/LIVE-FUTURES-REPORT-2210-LME-nickel-C3M-spread-snaps-back-into-contango-closes-up-26.htmlTue, 22 Oct 2019 17:25:00 GMTDAILY SCRAP REPORT: Mills remain quiet on firm offersTurkish steel producers remained silent in the deep-sea scrap markets for the second consecutive day, while offers for scrap stayed firm, sources said on Tuesday October 22.http://www.metalbulletin.com/Article/3900207/DAILY-SCRAP-REPORT-Mills-remain-quiet-on-firm-offers.htmlTue, 22 Oct 2019 16:34:00 GMTGULF STEEL BILLET, REBAR: Import prices increase with demandImport prices for steel billet and rebar in the United Arab Emirates increased over the past week, with domestic rebar prices remaining stable, market sources said on Tuesday October 22.http://www.metalbulletin.com/Article/3900179/GULF-STEEL-BILLET-REBAR-Import-prices-increase-with-demand.htmlTue, 22 Oct 2019 15:46:00 GMTGULF FLAT STEEL IMPORTS: Prices flat or down on failing demandSome flat steel import prices in the United Arab Emirates and Saudi Arabia fell this week on limited demand, sources told Fastmarkets on Tuesday October 22. http://www.metalbulletin.com/Article/3900206/GULF-FLAT-STEEL-IMPORTS-Prices-flat-or-down-on-failing-demand.htmlTue, 22 Oct 2019 15:45:00 GMTHOTTER ON METALS: Fate of Chile copper smelters may be factor in strike threatsTrade unions representing workers for Chile’s state-run miner Codelco have called on their members to mobilize in support of protests against the government. http://www.metalbulletin.com/Article/3900178/HOTTER-ON-METALS-Fate-of-Chile-copper-smelters-may-be-factor-in-strike-threats.htmlTue, 22 Oct 2019 15:28:00 GMTCIS LONG STEEL EXPORT: Offers rise on higher scrap, billet costs but demand remains modestCIS rebar and wire rod producers increased offers for foreign customers in the second half of October following the recovery of scrap and billet prices globally.http://www.metalbulletin.com/Article/3900147/CIS-LONG-STEEL-EXPORT-Offers-rise-on-higher-scrap-billet-costs-but-demand-remains-modest.htmlTue, 22 Oct 2019 15:06:00 GMTNEWSBREAK: Aurubis confirms annual benchmark premium for 2020 unchanged at $96/tEurope’s largest copper producer, Aurubis, has announced its annual copper cathode premium for 2020 at $96 per tonne, unchanged from last year’s level, the company confirmed to Fastmarkets on Tuesday October 22. http://www.metalbulletin.com/Article/3900177/NEWSBREAK-Aurubis-confirms-annual-benchmark-premium-for-2020-unchanged-at-96t.htmlTue, 22 Oct 2019 14:25:00 GMTIRON ORE DAILY: Vale lowers target, seaborne prices rise, 65/62% spread widensSeaborne iron ore prices increased on Tuesday October 22 after Vale lowered its sales expectation, while the spread between 65% and 62% Fe indices continued to widen.http://www.metalbulletin.com/Article/3900140/IRON-ORE-DAILY-Vale-lowers-target-seaborne-prices-rise-6562-spread-widens.htmlTue, 22 Oct 2019 14:00:00 GMTChina’s CRC, HDG export prices decline on intense price competition, soft demandExport prices for Chinese cold-rolled coil and hot-dipped galvanized coil fell during the week to Tuesday October 22 on weak demand in the export market and aggressive pricing strategies adopted by suppliers in other regions, market sources said.http://www.metalbulletin.com/Article/3900133/Chinas-CRC-HDG-export-prices-decline-on-intense-price-competition-soft-demand.htmlTue, 22 Oct 2019 12:59:00 GMTChina to transform into a net exporter of refined lead in 2020 – Antaike China will become a net exporter of refined lead in 2020 as a result of higher forecasted production and unimproved domestic consumption next year, a senior analyst said at the 2019 Lead & Zinc Week gathering in Kunming, China, on Thursday October 17. http://www.metalbulletin.com/Article/3899937/China-to-transform-into-a-net-exporter-of-refined-lead-in-2020Antaike.htmlTue, 22 Oct 2019 12:44:00 GMTCOKING COAL DAILY: Wide spread of offers surface in marketA wide spread of offers emerged in the seaborne coking coal market on Tuesday October 22, though these did not translate into transactions.http://www.metalbulletin.com/Article/3900135/COKING-COAL-DAILY-Wide-spread-of-offers-surface-in-market.htmlTue, 22 Oct 2019 11:30:00 GMTANGLO AMERICAN AT A GLANCE: Q3 2019 production resultsA summary of Anglo American’s production results for the third quarter of 2019 following the company's results report released on Tuesday October 22.http://www.metalbulletin.com/Article/3900093/ANGLO-AMERICAN-AT-A-GLANCE-Q3-2019-production-results.htmlTue, 22 Oct 2019 11:25:00 GMTCHINA REBAR: Market participants cautious about arbitrage despite rebounding futuresChina’s domestic prices for rebar held steady for a second day on Tuesday October 22 despite gains in the futures market, with participants taking a wait-and-see approach before deciding whether to engage in arbitrage trading.http://www.metalbulletin.com/Article/3900100/CHINA-REBAR-Market-participants-cautious-about-arbitrage-despite-rebounding-futures.htmlTue, 22 Oct 2019 11:05:00 GMTGLOBAL VANADIUM WRAP: Chinese exporters drop offers; US, EU markets suffer from lackluster consumer demandChinese vanadium exporters continued to lower offers amid minimal buying interest abroad, while European and US ferro-vanadium prices continued to suffer from lackluster consumer interest. http://www.metalbulletin.com/Article/3900080/GLOBAL-VANADIUM-WRAP-Chinese-exporters-drop-offers-US-EU-markets-suffer-from-lackluster-consumer.htmlTue, 22 Oct 2019 11:00:00 GMTCHINA HRC: Exporters cut offers despite stable domestic marketChinese mills lowered export offers for hot-rolled coil on Tuesday October 22 despite a stable domestic market amid pressure from cheaper products offered by suppliers in other regions.http://www.metalbulletin.com/Article/3900106/CHINA-HRC-Exporters-cut-offers-despite-stable-domestic-market.htmlTue, 22 Oct 2019 10:45:00 GMTLIVE FUTURES REPORT 22/10: LME zinc-lead complex outperforms in continued uptrend The three-month zinc price on the London Metal Exchange was higher during morning trading on Tuesday October 22, with the metal continuing its approach toward $2,500 per tonne, while lead futures were also up.http://www.metalbulletin.com/Article/3900108/LIVE-FUTURES-REPORT-2210-LME-zinc-lead-complex-outperforms-in-continued-uptrend.htmlTue, 22 Oct 2019 10:13:00 GMTAnglo American raises 2019 iron ore production guidance for Minas RioAnglo American has raised the 2019 iron ore production guidance for its Minas Rio operations in Brazil while maintaining that for its Kumba operations in South Africa.http://www.metalbulletin.com/Article/3900083/Anglo-American-raises-2019-iron-ore-production-guidance-for-Minas-Rio.htmlTue, 22 Oct 2019 10:06:00 GMTLME WEEK 2019: Exchange to launch more new contracts in 2020 – ChamberlainThe London Metal Exchange has no plans to stop adding to its contract suite, with new additions expected in 2020, chief executive Matthew Chamberlain told Fastmarkets. http://www.metalbulletin.com/Article/3899714/LME-WEEK-2019-Exchange-to-launch-more-new-contracts-in-2020Chamberlain.htmlTue, 22 Oct 2019 09:00:00 GMTNickel flowing into LME warehouses from Shanghai amid prevailing discounts in ChinaAround 15,000-30,000 tonnes of nickel cathode has been transferred from the Shanghai bonded zone to London Metal Exchange-registered warehouses in Southeast Asia since September amid attempts by market participants to avoid incurring steeper losses by importing the metal into China against prevailing discounts, sources told Fastmarkets.http://www.metalbulletin.com/Article/3899868/Nickel-flowing-into-LME-warehouses-from-Shanghai-amid-prevailing-discounts-in-China.htmlTue, 22 Oct 2019 07:57:00 GMTGLOBAL CHROME WRAP: Ore, alloy prices slide in China amid weak consumer interestPoor demand for ore and alloy, on top of ample availability, has knocked chrome ore and alloy prices in China again.http://www.metalbulletin.com/Article/3899938/GLOBAL-CHROME-WRAP-Ore-alloy-prices-slide-in-China-amid-weak-consumer-interest.htmlTue, 22 Oct 2019 07:42:00 GMTVale suspends activities at Itabiruçu tailings dam; expects lower salesVale has suspended activities at its Itabiruçu tailings dam, which is located at its Itabira mining complex in the country’s southeastern Minas Gerais state.http://www.metalbulletin.com/Article/3900071/Vale-suspends-activities-at-Itabiruu-tailings-dam-expects-lower-sales.htmlTue, 22 Oct 2019 06:30:00 GMTLIVE FUTURES REPORT 22/10: SHFE copper price buoyed by supply concerns; nickel continues to drift downwardBase metals prices on the Shanghai Futures Exchange were broadly down during the morning trading session on Tuesday October 22, with copper and aluminium securing marginal gains while the rest of the complex weakened.http://www.metalbulletin.com/Article/3900077/LIVE-FUTURES-REPORT-2210-SHFE-copper-price-buoyed-by-supply-concerns-nickel-continues-to-drift.htmlTue, 22 Oct 2019 05:03:00 GMTGLOBAL FERRO-SILICON WRAP: China faces mixed fortunes: Europe market consolidates recent gainsChina’s ferro-silicon market was split between a weakening export price and a steady domestic price last week, with exporters battling soft demand and supplier competition while production cuts supported domestic rates.http://www.metalbulletin.com/Article/3899933/GLOBAL-FERRO-SILICON-WRAP-China-faces-mixed-fortunes-Europe-market-consolidates-recent-gains.htmlTue, 22 Oct 2019 04:25:00 GMTUnions at Chuquicamata copper mine signal support for Chilean demonstrators, strike actionThe main trade unions at Codelco’s Chuquicamata division have signaled support for protests currently taking place in Chile, while criticizing an escalation in violence that led to an army-supervised curfew being imposed in the country.http://www.metalbulletin.com/Article/3900072/Unions-at-Chuquicamata-copper-mine-signal-support-for-Chilean-demonstrators-strike-action.htmlTue, 22 Oct 2019 03:09:00 GMTBrazilian flat steel imports tumble, long steel imports near-double in SeptemberBrazilian import volumes of flat steel products dipped by 22.51% in September 2019 while long steel imports almost doubled, soaring by 96.86%, according to figures from the country’s economy ministry. http://www.metalbulletin.com/Article/3900055/Brazilian-flat-steel-imports-tumble-long-steel-imports-near-double-in-September.htmlMon, 21 Oct 2019 19:45:00 GMTDAILY SCRAP REPORT: Mills skip Monday with no bookings, prices steadyTurkish steel producers skipped the first working day of the week, with no deep-sea bookings concluded and prices steady, sources said on Monday October 21.http://www.metalbulletin.com/Article/3899944/DAILY-SCRAP-REPORT-Mills-skip-Monday-with-no-bookings-prices-steady.htmlMon, 21 Oct 2019 18:16:00 GMTLIVE FUTURES REPORT 21/10: LME lead price notches 15-month high; breaches $2,200/tThe three-month lead price on the London Metal Exchange was the standout performer on Monday October 21, closing at its highest level since July 2018 and breaching $2,200 per tonne despite moderate turnover. http://www.metalbulletin.com/Article/3900041/LIVE-FUTURES-REPORT-2110-LME-lead-price-notches-15-month-high-breaches-2200t.htmlMon, 21 Oct 2019 18:13:00 GMT