Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2019 MB60Top StoriesTrade log June 2019: Cobalt sulfateTrade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB. http://www.metalbulletin.com/Article/3877376/Trade-log-June-2019-Cobalt-sulfate.htmlMon, 17 Jun 2019 03:02:00 GMTGLOBAL BILLET WRAP: Prices drop in most regions amid lower scrap, weak demandGlobal steel billet prices in most markets deteriorated in the week to Friday June 14, with sentiment affected by a downtrend in the Turkish scrap market and weak activity in most buying outlets. http://www.metalbulletin.com/Article/3879027/GLOBAL-BILLET-WRAP-Prices-drop-in-most-regions-amid-lower-scrap-weak-demand.htmlMon, 17 Jun 2019 00:01:00 GMTALUMINIUM FOUNDRY WRAP: European, US premiums unchangedPrimary aluminium foundry alloy premiums in Europe were steady on Friday June 14 in an illiquid market.http://www.metalbulletin.com/Article/3879018/ALUMINIUM-FOUNDRY-WRAP-European-US-premiums-unchanged.htmlFri, 14 Jun 2019 22:57:00 GMTWEEKLY SCRAP WRAP: Global prices head down amid ample supplyGlobal ferrous scrap prices were mostly on a downward trend in the week ended Friday June 14 due to ample supply from key exporters and limited demand from buyers. http://www.metalbulletin.com/Article/3878717/WEEKLY-SCRAP-WRAP-Global-prices-head-down-amid-ample-supply.htmlFri, 14 Jun 2019 19:48:00 GMTGERMANY FERROUS SCRAP: Domestic prices inch downward in JuneGerman steelmakers have settled their monthly scrap contracts for June at prices that are either unchanged or with a decrease of €5 ($6) per tonne month-on-month, sources told Fastmarkets. http://www.metalbulletin.com/Article/3879022/GERMANY-FERROUS-SCRAP-Domestic-prices-inch-downward-in-June.htmlFri, 14 Jun 2019 19:05:00 GMTLIVE FUTURES REPORT 14/06: LME nickel price continues uptrend; aluminium falls despite fresh cancelationsNickel’s three-month price on the London Metal Exchange was higher at the close of trading on Friday June 14, having reached an intraday high of $12,065 per tonne but failing to close above that mark, while the rest of the complex continued to trade in a downtrend. http://www.metalbulletin.com/Article/3879019/LIVE-FUTURES-REPORT-1406-LME-nickel-price-continues-uptrend-aluminium-falls-despite-fresh.htmlFri, 14 Jun 2019 18:50:00 GMTTURKEY FLAT STEEL: Domestic HRC price under pressure from slow tradingDomestic prices for hot-rolled coil (HRC) in Turkey have been under pressure from slow trading, sources told Fastmarkets on Friday June 14. http://www.metalbulletin.com/Article/3879016/TURKEY-FLAT-STEEL-Domestic-HRC-price-under-pressure-from-slow-trading.htmlFri, 14 Jun 2019 18:35:00 GMTPOLAND REBAR: Domestic prices down after influx of imports from other EU countriesDomestic rebar prices in Poland have moved down this week due to the negative impact of competitive import offers, sources told Fastmarkets on Friday June 14. http://www.metalbulletin.com/Article/3879020/POLAND-REBAR-Domestic-prices-down-after-influx-of-imports-from-other-EU-countries.htmlFri, 14 Jun 2019 18:21:00 GMTEUROPE ALLOY STEEL SCRAP: Prices slip on weak demand, aggressive negotiationsEuropean and UK alloy steel scrap prices have decreased this week because of soft demand and aggressive negotiations by mills, Fastmarkets heard on Friday June 14. http://www.metalbulletin.com/Article/3879012/EUROPE-ALLOY-STEEL-SCRAP-Prices-slip-on-weak-demand-aggressive-negotiations.htmlFri, 14 Jun 2019 18:02:00 GMTINTERVIEW: Diego Hernandez - ‘Copper has a great future’With an international career that has spanned senior positions with some of the biggest companies and mines for non-ferrous metal production, Sonami president Diego Hernandez tells Andrea Hotter about the multiple roles that led him to the pinnacle of copper mining.http://www.metalbulletin.com/Article/3878936/INTERVIEW-Diego-Hernandez-Copper-has-a-great-future.htmlFri, 14 Jun 2019 17:55:00 GMTEU long steel mills still under pressure from lower scrap prices, imports, Irepas saysEuropean long steel mills remain under pressure from weakening ferrous scrap prices and negative market sentiment, the International Rebar Producers & Exporters Association (Irepas) said in its latest short-range outlook on Friday June 14. http://www.metalbulletin.com/Article/3879009/EU-long-steel-mills-still-under-pressure-from-lower-scrap-prices-imports-Irepas-says.htmlFri, 14 Jun 2019 17:43:00 GMTUK SCRAP: Light iron prices track stable monthy settlementsThe light iron market has been steady in the UK over the past week, tracking unchanged prices in the consumer monthly delivery market against steady demand for British steel scrap exports to Turkey and India, sources told Fastmarkets on Friday June 14. http://www.metalbulletin.com/Article/3879010/UK-SCRAP-Light-iron-prices-track-stable-monthy-settlements.htmlFri, 14 Jun 2019 17:42:00 GMTEUROPE STAINLESS STEEL: Mills resist market pressures in effort to preserve marginsEuropean stainless steel prices have been largely stable this week despite coming under pressure from a number of market factors, with mills seeming determined to avoid any erosion of their production margins, sources told Fastmarkets on Friday June 14. http://www.metalbulletin.com/Article/3879007/EUROPE-STAINLESS-STEEL-Mills-resist-market-pressures-in-effort-to-preserve-margins.htmlFri, 14 Jun 2019 17:22:00 GMTPRICING NOTICE: Amendment of south Brazil, Baltic Sea export, Italy import pig iron price assessmentsFastmarkets has amended the specifications for its south Brazil, Baltic Sea export and Italy import pig iron price assessments, based on market observations and feedback.http://www.metalbulletin.com/Article/3879008/PRICING-NOTICE-Amendment-of-south-Brazil-Baltic-Sea-export-Italy-import-pig-iron-price-assessments.htmlFri, 14 Jun 2019 17:22:00 GMTINDIA IMPORT SCRAP: Poor demand pressures prices lower stillThe price of shredded ferrous scrap imported into India fell further this week, reflecting continued poor demand, sources told Fastmarkets.http://www.metalbulletin.com/Article/3878978/INDIA-IMPORT-SCRAP-Poor-demand-pressures-prices-lower-still.htmlFri, 14 Jun 2019 17:11:00 GMTGLOBAL CHROME SNAPSHOT: Weak demand, ample supply weigh on alloys in Europe, ChinaKey data from the pricing sessions in Asia, Europe and the United States for the week ended Friday June 14.http://www.metalbulletin.com/Article/3878977/GLOBAL-CHROME-SNAPSHOT-Weak-demand-ample-supply-weigh-on-alloys-in-Europe-China.htmlFri, 14 Jun 2019 17:10:00 GMTMINOR METALS MARKET REPORT 14/06: Markets remain stable after several falls An overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3878934/MINOR-METALS-MARKET-REPORT-1406-Markets-remain-stable-after-several-falls.htmlFri, 14 Jun 2019 17:05:00 GMTUK FERROUS SCRAP: Prices rolled over for June as exports supportThe UK ferrous scrap market for deliveries to domestic consumers in June has settled at prices unchanged from the previous month, with export prices holding up high enough to support the British market, trade sources told Fastmarkets on Friday June 14. http://www.metalbulletin.com/Article/3878938/UK-FERROUS-SCRAP-Prices-rolled-over-for-June-as-exports-support.htmlFri, 14 Jun 2019 17:05:00 GMTNOBLE ALLOYS MARKET REPORT 14/06: Ferro-vanadium up; APT, ferro-tungsten under pressureAn overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3878971/NOBLE-ALLOYS-MARKET-REPORT-1406-Ferro-vanadium-up-APT-ferro-tungsten-under-pressure.htmlFri, 14 Jun 2019 17:00:00 GMTIndia's HRC import prices fall by $20 per tonne on Japan, Korea competitionHot-rolled coil (HRC) import prices in India have fallen by $20 per tonne this week, with importers booking Japan- and South Korea-origin material for shipments in August, Fastmarkets heard on Friday June 14. http://www.metalbulletin.com/Article/3878941/Indias-HRC-import-prices-fall-by-20-per-tonne-on-Japan-Korea-competition.htmlFri, 14 Jun 2019 16:25:00 GMTDAILY SCRAP REPORT: Oversupply drives prices further downTurkish deep-sea scrap import prices continued to fall at the end of the week amid growing supplies, sources said on Friday June 14. http://www.metalbulletin.com/Article/3878935/DAILY-SCRAP-REPORT-Oversupply-drives-prices-further-down.htmlFri, 14 Jun 2019 16:21:00 GMTALUMINA SNAPSHOT: Index hits lowest since August 2017 Fastmarkets’ alumina index fob Australia fell below $340 per tonne on Friday June 14 due to pressure from high availability of unplaced cargoes and low aluminium prices. http://www.metalbulletin.com/Article/3878851/ALUMINA-SNAPSHOT-Index-hits-lowest-since-August-2017.htmlFri, 14 Jun 2019 16:00:00 GMTMJP aluminium stocks down 1.3% month on month in May, says MarubeniPrimary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell 1.3% month on month in May, Japanese trading house Marubeni Corp said on Friday June 14.http://www.metalbulletin.com/Article/3878781/MJP-aluminium-stocks-down-13-month-on-month-in-May-says-Marubeni.htmlFri, 14 Jun 2019 15:41:00 GMTIRON ORE DAILY: Prices rise further for Australian products Physical prices for Australian iron ore continued to rise on Friday June 14. http://www.metalbulletin.com/Article/3878788/IRON-ORE-DAILY-Prices-rise-further-for-Australian-products.htmlFri, 14 Jun 2019 14:08:00 GMTCHINA MINOR METALS MARKET REPORT 14/06: Indium price rebounds on improved sentiment; bismuth ticks up in active marketAn overview of the minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3878773/CHINA-MINOR-METALS-MARKET-REPORT-1406-Indium-price-rebounds-on-improved-sentiment-bismuth-ticks-up-in.htmlFri, 14 Jun 2019 14:00:00 GMTIstim aluminium queue at Port Klang shortens to 109 days; queues growing in Johor, SingaporeThe queue for aluminium at London Metal Exchange-approved warehouses at Port Klang, Malaysia, operated by Istim, edged down to 109 days at the end of May, according to the latest LME data. http://www.metalbulletin.com/Article/3878749/Istim-aluminium-queue-at-Port-Klang-shortens-to-109-days-queues-growing-in-Johor-Singapore.htmlFri, 14 Jun 2019 12:38:00 GMTSoutheast Asian billet import prices pushed lower by weather concerns, limited tradingPrices in Southeast Asia’s steel billet market drifted lower on Friday June 14 because market participants in the Philippines were cautious about making any bookings ahead of the forthcoming rainy season, while trading activity in Indonesia had yet to resume fully after the Eid al-Fitr religious holiday. http://www.metalbulletin.com/Article/3878746/Southeast-Asian-billet-import-prices-pushed-lower-by-weather-concerns-limited-trading.htmlFri, 14 Jun 2019 12:32:00 GMTTrade log June 2019: LithiumTrade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3877543/Trade-log-June-2019-Lithium.htmlFri, 14 Jun 2019 12:10:00 GMTGLOBAL LITHIUM WRAP: Slow demand continues to weigh on China lithium prices China’s domestic lithium market remained weak over the week ended June 14, with lithium hydroxide prices drifting lower while the lithium carbonate market remained flat.http://www.metalbulletin.com/Article/3878776/GLOBAL-LITHIUM-WRAP-Slow-demand-continues-to-weigh-on-China-lithium-prices.htmlFri, 14 Jun 2019 11:58:00 GMTCHINA HRC: Rising inventories increase selling pressureEastern China’s hot-rolled coil prices weakened further on Friday June 14, with rising inventory levels putting pressure on sellers.http://www.metalbulletin.com/Article/3878748/CHINA-HRC-Rising-inventories-increase-selling-pressure.htmlFri, 14 Jun 2019 11:45:00 GMTCOKING COAL DAILY: Market winds down after busy ThursdaySeaborne coking coal prices were largely stable on Friday June 14 following a series of transactions a day earlier.http://www.metalbulletin.com/Article/3878745/COKING-COAL-DAILY-Market-winds-down-after-busy-Thursday.htmlFri, 14 Jun 2019 11:39:00 GMTCHINA REBAR: High output weighing on sentiment, pricesChina’s domestic rebar market resumed its downtrend on Friday June 14 on declining futures, with prices expected to fall further on mills’ higher steel output. http://www.metalbulletin.com/Article/3878731/CHINA-REBAR-High-output-weighing-on-sentiment-prices.htmlFri, 14 Jun 2019 11:15:00 GMTLIVE FUTURES REPORT 14/06: LME nickel price outperforms in lackluster trading; Al unmoved amid 25kt fresh cancelationNickel’s three-month price on the London Metal Exchange was higher during morning trading on Friday June 14, climbing by just under 1% while the rest of the complex edged lower. http://www.metalbulletin.com/Article/3878741/LIVE-FUTURES-REPORT-1406-LME-nickel-price-outperforms-in-lackluster-trading-Al-unmoved-amid-25kt.htmlFri, 14 Jun 2019 10:41:00 GMTPRICING NOTICE: Amendment of publication day change of NPI, laterite ore, nickel sulfate pricesFastmarkets has amended its weekly publication day of five price assessments, including two nickel pig iron (NPI) price assessment, two laterite nickel ore price assessment and one nickel sulfate price assessment effective from today on June 14. http://www.metalbulletin.com/Article/3878723/PRICING-NOTICE-Amendment-of-publication-day-change-of-NPI-laterite-ore-nickel-sulfate-prices.htmlFri, 14 Jun 2019 10:40:00 GMTEuropean ferro-chrome benchmark drops to three-year low of $1.04 per lb for Q3The European charge and high-carbon ferro-chrome benchmark settlement for the third quarter of 2019 has dropped 16 cents to a three-year low of $1.04 per lb. http://www.metalbulletin.com/Article/3878729/European-ferro-chrome-benchmark-drops-to-three-year-low-of-104-per-lb-for-Q3.htmlFri, 14 Jun 2019 09:39:00 GMTMORNING VIEW: Haven demand supports gold, caps base metalsThree-month base metals prices on the London Metal Exchange were mixed so far on Friday June 14, reflecting deteriorating sentiment in broader risk markets amid the recent uptick in tensions in the Middle East and while global trade tensions overhang.http://www.metalbulletin.com/Article/3878725/MORNING-VIEW-Haven-demand-supports-gold-caps-base-metals.htmlFri, 14 Jun 2019 08:48:00 GMTLIVE FUTURES REPORT 14/06: SHFE nickel price climbs 1.2%; other metals mixedBase metals prices on the Shanghai Futures Exchange were split into two camps during morning trading on Friday June 14 while market participants awaited the release of key Chinese economic data later in the day.http://www.metalbulletin.com/Article/3878722/LIVE-FUTURES-REPORT-1406-SHFE-nickel-price-climbs-12-other-metals-mixed.htmlFri, 14 Jun 2019 05:42:00 GMTLIVE FUTURES REPORT 13/06: LME copper price stabilizes on news of Chuquicamata mine strikeCopper’s three-month price on the London Metal Exchange consolidated at the close of trading on Thursday June 13, improving from an intraday low of $5,811.50 per tonne and closing marginally higher despite fresh inflows totaling more than 37,000 tonnes. http://www.metalbulletin.com/Article/3878699/LIVE-FUTURES-REPORT-1306-LME-copper-price-stabilizes-on-news-of-Chuquicamata-mine-strike.htmlThu, 13 Jun 2019 18:30:00 GMTChina's SRB carries out tungsten research, considers stockpiling - sourcesChina's State Reserve Bureau (SRB) has carried out research into major Chinese tungsten miners' products amid depressed spot activity in the domestic market and multiyear low prices, sources told Fastmarkets.http://www.metalbulletin.com/Article/3878657/Chinas-SRB-carries-out-tungsten-research-considers-stockpiling-sources.htmlThu, 13 Jun 2019 16:45:00 GMTDAILY SCRAP REPORT: Turkish buying rally continues in deep-sea marketsTurkish steel producers have continued their deep-sea scrap purchases, increasing their combined tonnage for import to 226,000 tonnes in two days, sources said on Thursday June 13. http://www.metalbulletin.com/Article/3878659/DAILY-SCRAP-REPORT-Turkish-buying-rally-continues-in-deep-sea-markets.htmlThu, 13 Jun 2019 16:38:00 GMTEUROPE PLATE: Domestic prices dip on slow tradingDomestic prices for heavy steel plate across Europe have inched down over the past week due to slow trading activity, sources told Fastmarkets on Thursday June 13. http://www.metalbulletin.com/Article/3878656/EUROPE-PLATE-Domestic-prices-dip-on-slow-trading.htmlThu, 13 Jun 2019 16:20:00 GMTEGYPT STEEL BILLET, REBAR: Billet prices down amid poor demandThe price of steel billet imported into Egypt has decreased in the week to June 13 on lower offers due to a lack of domestic demand.http://www.metalbulletin.com/Article/3878624/EGYPT-STEEL-BILLET-REBAR-Billet-prices-down-amid-poor-demand.htmlThu, 13 Jun 2019 16:05:00 GMTTURKEY STEEL BILLET: Prices driven down by falling scrap costsTurkish steel billet prices have gone down in the domestic and export markets in line with the weakening cost of scrap, while import billet prices have been stable so far this week, sources said on Thursday June 13. http://www.metalbulletin.com/Article/3878622/TURKEY-STEEL-BILLET-Prices-driven-down-by-falling-scrap-costs.htmlThu, 13 Jun 2019 15:54:00 GMTIRON ORE DAILY: Seaborne prices top $110 per tonne for first time since April 2014Seaborne iron ore prices jumped above $110 per tonne cfr on Thursday June 13 - their highest level in more than five years - driven by persistent bullishness, sources told Fastmarkets. http://www.metalbulletin.com/Article/3878532/IRON-ORE-DAILY-Seaborne-prices-top-110-per-tonne-for-first-time-since-April-2014.htmlThu, 13 Jun 2019 15:43:00 GMTCIS STEEL BILLET: Lack of demand, low scrap prices pressure billet marketSentiment in the Commonwealth of Independent States (CIS) export billet market deteriorated in the second half of this week, following the drop in import scrap prices in Turkey and a lack of interest from the customers’ side.http://www.metalbulletin.com/Article/3878620/CIS-STEEL-BILLET-Lack-of-demand-low-scrap-prices-pressure-billet-market.htmlThu, 13 Jun 2019 15:35:00 GMTTURKEY LONG STEEL: Domestic prices down on falling scrap import costs, poor demandDomestic long steel prices in Turkey have gone down over the past seven days, due to weak demand and falling imported scrap costs, sources said on Thursday June 13. http://www.metalbulletin.com/Article/3878592/TURKEY-LONG-STEEL-Domestic-prices-down-on-falling-scrap-import-costs-poor-demand.htmlThu, 13 Jun 2019 15:28:00 GMTTURKEY LONG STEEL EXPORTS: Falling scrap values drive prices downwardTurkish rebar and wire rod prices have gone down in line with the decline in imported scrap values, while demand has also been limited over the past week, sources said on Thursday June 13. http://www.metalbulletin.com/Article/3878563/TURKEY-LONG-STEEL-EXPORTS-Falling-scrap-values-drive-prices-downward.htmlThu, 13 Jun 2019 15:15:00 GMTFREE WEB SEMINAR: Cobalt: contending with volatility in 2019 and beyond Fastmarkets will host a free web seminar on Tuesday June 18 at 9.30am London time to discuss recent price moves in the cobalt market and how industry developments might affect the market going forward. http://www.metalbulletin.com/Article/3873072/FREE-WEB-SEMINAR-Cobalt-contending-with-volatility-in-2019-and-beyond.htmlThu, 13 Jun 2019 14:21:00 GMTEUROPE HRC: Domestic prices up, buyers turn to imports in southThe domestic price for hot-rolled coil (HRC) in the south of Europe has picked up over the past week, supported by production cuts, market sources told Fastmarkets on Thursday June 13. http://www.metalbulletin.com/Article/3878531/EUROPE-HRC-Domestic-prices-up-buyers-turn-to-imports-in-south.htmlThu, 13 Jun 2019 14:02:00 GMTPEOPLE MOVES: Masan Resources hires former AMC trader William Parry-Jones Vietnam's tungsten miner Masan Resources has hired former Amalgamated Metals Corporation (AMC) trader William Parry-Jones, the company told Fastmarkets on Thursday June 13.http://www.metalbulletin.com/Article/3878530/PEOPLE-MOVES-Masan-Resources-hires-former-AMC-trader-William-Parry-Jones.htmlThu, 13 Jun 2019 13:45:00 GMTChuquicamata workers to strike; supply issues pressure copper TCs down further Workers in unions 1, 2 and 3 of Codelco’s Chuquicamata copper mine have rejected the company’s most recent contract offer and plan to go on strike from Friday June 14, Codelco said on Wednesday June 12.http://www.metalbulletin.com/Article/3878524/Chuquicamata-workers-to-strike-supply-issues-pressure-copper-TCs-down-further.htmlThu, 13 Jun 2019 13:30:00 GMTCodelco's Chuquicamata workers to begin strike tomorrow Employees at the Chuquicamata division of Codelco plan to go on strike from tomorrow, Friday June 14, after union-to-management talks broke down, the three workers’ trade unions said on Thursday June 13.http://www.metalbulletin.com/Article/3878527/Codelcos-Chuquicamata-workers-to-begin-strike-tomorrow.htmlThu, 13 Jun 2019 12:30:00 GMTCOKING COAL DAILY: Seaborne market showing mixed signals The gloomy sentiment in the seaborne coking coal market showed no signs of abating on Thursday June 13 in the absence of a clear trend for prices.http://www.metalbulletin.com/Article/3878509/COKING-COAL-DAILY-Seaborne-market-showing-mixed-signals.htmlThu, 13 Jun 2019 11:44:00 GMTCHINA HRC: Further price drop, high costs put pressure on marginsChina’s hot-rolled coil prices continued to drop on Thursday June 13, narrowing producers’ already-slim margins further amid rising costs.http://www.metalbulletin.com/Article/3878510/CHINA-HRC-Further-price-drop-high-costs-put-pressure-on-margins.htmlThu, 13 Jun 2019 11:31:00 GMTECTP concludes LME physical wind-down with US warehousing withdrawalEngelhart Commodities Trading Partners (ECTP) has withdrawn its US entity from London Metal Exchange warehousing services with immediate effect, according to a note released by the exchange on Wednesday June 12. http://www.metalbulletin.com/Article/3878511/ECTP-concludes-LME-physical-wind-down-with-US-warehousing-withdrawal.htmlThu, 13 Jun 2019 11:08:00 GMTFOCUS: Why has China’s tungsten conc price failed to bottom out despite falling below producers’ break-even point? [CORRECTED]After China’s spot tungsten concentrate price fell below a level widely considered to be the break-even point for most producers in the country, many in the market had expected the price to bottom out.http://www.metalbulletin.com/Article/3878497/FOCUS-Why-has-Chinas-tungsten-conc-price-failed-to-bottom-out-despite-falling-below-producers-break.htmlThu, 13 Jun 2019 10:52:00 GMTCHINA REBAR: Domestic prices flat amid fluctuation in futures marketChina’s domestic rebar prices were unchanged on Thursday June 13 amid fluctuating futures, though export prices dipped with mills feeling the selling pressure.http://www.metalbulletin.com/Article/3878506/CHINA-REBAR-Domestic-prices-flat-amid-fluctuation-in-futures-market.htmlThu, 13 Jun 2019 10:32:00 GMTLIVE FUTURES REPORT 13/06: LME copper shaken by 37kt fresh inflowCopper’s three-month price on the London Metal Exchange was depressed during morning trading on Thursday June 13, with downward pressure emerging after just over 37,000 tonnes of cathode were delivered into LME-listed warehouses across Asia and Europe. http://www.metalbulletin.com/Article/3878507/LIVE-FUTURES-REPORT-1306-LME-copper-shaken-by-37kt-fresh-inflow.htmlThu, 13 Jun 2019 10:12:00 GMTChinese cobalt sulfate producers cut output amid falling prices, stagnant demandAn increasing number of cobalt sulfate producers in China have cut, or are planning to cut, output in response to falling battery raw materials prices amid stagnant demand, market sources told Fastmarkets MB.http://www.metalbulletin.com/Article/3878500/Chinese-cobalt-sulfate-producers-cut-output-amid-falling-prices-stagnant-demand.htmlThu, 13 Jun 2019 08:34:00 GMTChina’s stainless steel prices edge up, but sentiment remains bearishDomestic stainless steel prices in China ticked up over the past week on gains in nickel futures, but participants still maintain a bearish outlook toward the market for the next few weeks.http://www.metalbulletin.com/Article/3878493/Chinas-stainless-steel-prices-edge-up-but-sentiment-remains-bearish.htmlThu, 13 Jun 2019 04:30:00 GMTIranian billet producers reduce offers as US sanctions cut demandIranian steel billet producers came to the market this week with offer prices that were lower than those heard before the holiday last week to mark the end of Ramadan, amid reduced demand in both foreign and domestic outlets. http://www.metalbulletin.com/Article/3878367/Iranian-billet-producers-reduce-offers-as-US-sanctions-cut-demand.htmlWed, 12 Jun 2019 20:50:00 GMTBASE METALS WARRANT REPORT 12/06A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday June 12. http://www.metalbulletin.com/Article/3878465/BASE-METALS-WARRANT-REPORT-1206.htmlWed, 12 Jun 2019 20:21:00 GMTMinor metals could be caught in 'US-China rare earths crossfire,' traders sayMinor metals could become the next commodities to be caught up in the trade war between the United States and China, market sources have warned. But the effects on the prices for gallium and antimony have so far been minimal. http://www.metalbulletin.com/Article/3878459/Minor-metals-could-be-caught-in-US-China-rare-earths-crossfire-traders-say.htmlWed, 12 Jun 2019 19:20:00 GMTGLOBAL ZINC & LEAD WRAP: Asian zinc premiums continue to fall; growing LME backwardation, supply disruption tighten US lead marketThe lead market in the United States is set to tighten due to the impact of Nyrstar declaring force majeure on lead supply contracts from its Port Pirie smelter in Australia, although US lead premiums are steady for now.http://www.metalbulletin.com/Article/3878211/GLOBAL-ZINC-and-LEAD-WRAP-Asian-zinc-premiums-continue-to-fall-growing-LME-backwardation-supply.htmlWed, 12 Jun 2019 18:23:00 GMTLIVE FUTURES REPORT 12/06: LME zinc price holds above $2,500 per tonne despite tight spreadsZinc’s three-month price on the London Metal Exchange stayed above $2,500 per tonne at the close of trading on Wednesday June 12, with the moderate volumes traded indicating continued buying interest despite the cash/three-month spread being in a sizeable backwardation. http://www.metalbulletin.com/Article/3878463/LIVE-FUTURES-REPORT-1206-LME-zinc-price-holds-above-2500-per-tonne-despite-tight-spreads.htmlWed, 12 Jun 2019 18:15:00 GMTNOBLE ALLOYS MARKET REPORT 12/06: Moly oxide prices supported by strike; ferro-vanadium market stableAn overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3878461/NOBLE-ALLOYS-MARKET-REPORT-1206-Moly-oxide-prices-supported-by-strike-ferro-vanadium-market-stable.htmlWed, 12 Jun 2019 18:00:00 GMTMINOR METALS MARKET REPORT 12/06: Traders aim to destock pushes prices down; low antimony offers in RotterdamAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3878398/MINOR-METALS-MARKET-REPORT-1206-Traders-aim-to-destock-pushes-prices-down-low-antimony-offers-in.htmlWed, 12 Jun 2019 17:50:00 GMTGLOBAL NICKEL WRAP: Chinese cif premium up on open import window, diverges from EU, USThe Chinese cif Shanghai nickel premium rose on an open import arbitrage window on Tuesday June 11, while premiums in the European and United States markets continued to trade flat week on week amid market illiquidity.http://www.metalbulletin.com/Article/3878331/GLOBAL-NICKEL-WRAP-Chinese-cif-premium-up-on-open-import-window-diverges-from-EU-US.htmlWed, 12 Jun 2019 17:35:00 GMTEUROPE SECTIONS: Prices up as mills continue to seek increasesDomestic prices for hollow steel sections in both Northern and Southern Europe moved up this week on higher feedstock costs and increased offer prices at mills, sources told Fastmarkets on Wednesday June 12. http://www.metalbulletin.com/Article/3878368/EUROPE-SECTIONS-Prices-up-as-mills-continue-to-seek-increases.htmlWed, 12 Jun 2019 16:55:00 GMTSOUTHERN EUROPE REBAR: Domestic prices unchanged amid limited tradingPrices for rebar produced and delivered in Southern Europe remained unchanged on Wednesday June 12 amid limited trading activity, market participants told Fastmarkets.http://www.metalbulletin.com/Article/3878369/SOUTHERN-EUROPE-REBAR-Domestic-prices-unchanged-amid-limited-trading.htmlWed, 12 Jun 2019 16:30:00 GMTTITANIUM SNAPSHOT: Alloy price drops further amid Q3 talksKey data from the Wednesday June 12 pricing session in Europe.http://www.metalbulletin.com/Article/3878359/TITANIUM-SNAPSHOT-Alloy-price-drops-further-amid-Q3-talks.htmlWed, 12 Jun 2019 16:25:00 GMTEUROPE BEAMS: Prices move down in weak marketSteel H-beam prices in Northern Europe moved downward this week in soft trading, sources told Fastmarkets on Wednesday June 12. http://www.metalbulletin.com/Article/3878361/EUROPE-BEAMS-Prices-move-down-in-weak-market.htmlWed, 12 Jun 2019 16:18:00 GMTDAILY SCRAP REPORT: Fresh cargoes send prices down furtherTurkish steel mills booked more cargoes as they looked to take advantage of falling prices, sources said on Wednesday June 12.http://www.metalbulletin.com/Article/3878362/DAILY-SCRAP-REPORT-Fresh-cargoes-send-prices-down-further.htmlWed, 12 Jun 2019 16:15:00 GMTGLOBAL TIN WRAP: Europe premium holds amid market volatility; US, Asia premiums flatGlobal tin premiums were flat across the board in the week ending Tuesday June 11, with market volatility and continued fresh inflows absorbing broadly weak demand ahead of the seasonally subdued summer months, while nearby spread tightness deters spot business.http://www.metalbulletin.com/Article/3878327/GLOBAL-TIN-WRAP-Europe-premium-holds-amid-market-volatility-US-Asia-premiums-flat.htmlWed, 12 Jun 2019 16:00:00 GMTTURKEY STEEL PIPE EXPORTS: Prices dip as quotas, seasonal holidays reduce market activityTurkish pipe export prices have gone down slightly because of imminent seasonal holiday absences and the start of a new import quota period in Europe, sources said on Wednesday June 12. http://www.metalbulletin.com/Article/3878329/TURKEY-STEEL-PIPE-EXPORTS-Prices-dip-as-quotas-seasonal-holidays-reduce-market-activity.htmlWed, 12 Jun 2019 15:50:00 GMTEUROPE WIRE ROD: Price range narrows in steady marketThe price range for mesh-quality wire rod in Europe has narrowed by €5 per tonne at both ends over the past week, in a largely stable market, sources told Fastmarkets on Wednesday June 12. http://www.metalbulletin.com/Article/3878328/EUROPE-WIRE-ROD-Price-range-narrows-in-steady-market.htmlWed, 12 Jun 2019 15:35:00 GMTArvedi sees 'difficult' 2019 amid struggling economy, imports, emissions quotasArvedi Group has warned that it expects 2019 to be a "difficult year" on a number of factors, including a struggling economy, high imports and the effects of carbon dioxide (CO2) emissions quotas on energy costs, president Giovanni Arvedi said.http://www.metalbulletin.com/Article/3878266/Arvedi-sees-difficult-2019-amid-struggling-economy-imports-emissions-quotas.htmlWed, 12 Jun 2019 14:52:00 GMTIRON ORE DAILY: Prices rangebound, interest lingers for Pilbara Blend cargoesSeaborne iron ore prices were generally rangebound on Wednesday June 12, while buying interest remained for Australian Pilbara Blend products. http://www.metalbulletin.com/Article/3878248/IRON-ORE-DAILY-Prices-rangebound-interest-lingers-for-Pilbara-Blend-cargoes.htmlWed, 12 Jun 2019 13:20:00 GMTCodelco’s production rate improves in April, Cu output down just 6%Chilean state-owned copper producer Codelco significantly improved its rate of production during April, with copper output falling by just 6.4% compared with the same month of last year, data from the country’s copper commission, Cochilco, showed on Monday June 10.http://www.metalbulletin.com/Article/3878224/Codelcos-production-rate-improves-in-April-Cu-output-down-just-6.htmlWed, 12 Jun 2019 13:15:00 GMTCOKING COAL DAILY: Pessimism grows in cfr China segment Prices of seaborne coking coal bound for China continued to weaken on Wednesday June 12 with buyers still holding back from purchasing amid a pessimistic outlook for the market. http://www.metalbulletin.com/Article/3878236/COKING-COAL-DAILY-Pessimism-grows-in-cfr-China-segment.htmlWed, 12 Jun 2019 11:56:00 GMTCHINA REBAR: Prices retreat again amid pessimism China’s domestic rebar prices withdrew on Wednesday June 12 on lower list prices and declining futures. http://www.metalbulletin.com/Article/3878229/CHINA-REBAR-Prices-retreat-again-amid-pessimism.htmlWed, 12 Jun 2019 11:24:00 GMTCHINA HRC: Prices retreat on slow buyingEastern China’s hot-rolled coil prices retreated on Wednesday June 12 after trading thinned following a short-lived rebound a day earlier.http://www.metalbulletin.com/Article/3878232/CHINA-HRC-Prices-retreat-on-slow-buying.htmlWed, 12 Jun 2019 10:55:00 GMTGLOBAL COPPER WRAP: Shanghai premiums continue to recover; European and US markets largely flatCopper premiums continued to recover in Shanghai on a more favorable import arbitrage ratio and a fall in domestic copper stocks, while the European and US markets were largely quiet amid dull spot demand.http://www.metalbulletin.com/Article/3878225/GLOBAL-COPPER-WRAP-Shanghai-premiums-continue-to-recover-European-and-US-markets-largely-flat.htmlWed, 12 Jun 2019 10:34:00 GMTLIVE FUTURES REPORT 12/06: LME base metals dip on macro-inspired thin volumes, Ni down 0.7%Base metals traded on the London Metal Exchange were largely suppressed during morning trading on Wednesday June 12 amid fresh US-Sino trade tension, uninspiring Chinese economic data and a dive in the United States' equities market.http://www.metalbulletin.com/Article/3878231/LIVE-FUTURES-REPORT-1206-LME-base-metals-dip-on-macro-inspired-thin-volumes-Ni-down-07.htmlWed, 12 Jun 2019 10:15:00 GMTQ3 MJP benchmark settlement nears with more deals at $108/tMajor aluminium producers and Japanese buyers are closer to reaching a premium settlement for their third-quarter aluminium supply after further deals were concluded at a premium of $108 per tonne to main Japanese ports (MJP), Fastmarkets learned on Wednesday June 12.http://www.metalbulletin.com/Article/3878228/Q3-MJP-benchmark-settlement-nears-with-more-deals-at-108t.htmlWed, 12 Jun 2019 10:00:00 GMTMORNING VIEW: LME base metals prices turn lower after recent short-covering gainsRisk sentiment was borderline negative on the morning of Wednesday June 12 after the possibility of US President Donald Trump and China’s Xi Jinping meeting later this month at the Group of Twenty (G20) Summit in Japan was dubbed extremely unlikely.http://www.metalbulletin.com/Article/3877814/MORNING-VIEW-LME-base-metals-prices-turn-lower-after-recent-short-covering-gains.htmlWed, 12 Jun 2019 09:06:00 GMTPRICING NOTICE: Launch of in-warehouse Busan drummed molybdic oxide priceFastmarkets today launches a twice-weekly price assessment for drummed molybdic oxide, in-warehouse Busan.http://www.metalbulletin.com/Article/3878057/PRICING-NOTICE-Launch-of-in-warehouse-Busan-drummed-molybdic-oxide-price.htmlWed, 12 Jun 2019 08:15:00 GMTChina’s wire rod export prices fall but trading activity picks upChina’s export prices for wire rod dropped over the past week on domestic losses, though trading activity appeared to have picked up in response to the decline. http://www.metalbulletin.com/Article/3878219/Chinas-wire-rod-export-prices-fall-but-trading-activity-picks-up.htmlWed, 12 Jun 2019 07:42:00 GMTLITHIUM CONF: Flexibility is key for lithium industry, executives sayThe flexibility to either produce lithium carbonate or hydroxide is essential to surviving in the lithium industry in the coming years, market participants said at Fastmarkets’ 11th Lithium Supply and Markets Conference in Santiago, Chile, on Tuesday June 11.http://www.metalbulletin.com/Article/3878220/LITHIUM-CONF-Flexibility-is-key-for-lithium-industry-executives-say.htmlWed, 12 Jun 2019 06:43:00 GMTLIVE FUTURES REPORT 12/06: SHFE base metals prices fall as trade optimism fades; Ni up 0.7%Base metals prices on the Shanghai Futures Exchange were broadly down during morning trading on Wednesday June 12, with waning trade optimism and lackluster Chinese economic data causing most of the complex to retreat.http://www.metalbulletin.com/Article/3878222/LIVE-FUTURES-REPORT-1206-SHFE-base-metals-prices-fall-as-trade-optimism-fades-Ni-up-07.htmlWed, 12 Jun 2019 05:47:00 GMTGLOBAL ALUMINIUM WRAP: Premiums in Rotterdam, Italy inch higherThe duty-paid aluminium premium in Rotterdam edged higher on Tuesday June 11, supported by an uptick in demand. Sustained wide contango levels on nearby London Metal Exchange spreads motivated traders to hold on to metal, keeping premiums flat elsewhere. http://www.metalbulletin.com/Article/3878204/GLOBAL-ALUMINIUM-WRAP-Premiums-in-Rotterdam-Italy-inch-higher.htmlTue, 11 Jun 2019 23:13:00 GMTWEEKLY BASE METAL PREMIUMS REPORT 11/06A summary of base metals premiums from across the globe for the week to Tuesday June 11. http://www.metalbulletin.com/Article/3878098/WEEKLY-BASE-METAL-PREMIUMS-REPORT-1106.htmlTue, 11 Jun 2019 21:32:00 GMTGULF FLAT STEEL IMPORTS: Prices stable on religious holiday lullPrices for flat steel products imported into the United Arab Emirates and Saudi Arabia remained steady over the past week during the Eid al-Fitr holiday, which marked the end of the Islamic holy month of Ramadan, sources said on Tuesday June 11. http://www.metalbulletin.com/Article/3878190/GULF-FLAT-STEEL-IMPORTS-Prices-stable-on-religious-holiday-lull.htmlTue, 11 Jun 2019 17:42:00 GMTLIVE FUTURES REPORT 11/06: Dovish Fed talk buoys LME base metals; Ni up 2.1%Base metals on the London Metal Exchange mostly traded up during afternoon trading on Tuesday June 11 amid rumors that the United States Federal Reserve will cut interest rates as early as July 2019.http://www.metalbulletin.com/Article/3878189/LIVE-FUTURES-REPORT-1106-Dovish-Fed-talk-buoys-LME-base-metals-Ni-up-21.htmlTue, 11 Jun 2019 17:30:00 GMTGULF STEEL BILLET, REBAR: Holiday lull keeps market weakPrices for imported steel billet and domestic rebar in the United Arab Emirates have gone down over the past week, while rebar import prices have remained stable, sources told Fastmarkets on Tuesday June 11. http://www.metalbulletin.com/Article/3878158/GULF-STEEL-BILLET-REBAR-Holiday-lull-keeps-market-weak.htmlTue, 11 Jun 2019 17:00:00 GMTIRON ORE DAILY: Seaborne prices surge above $105 per tonne on Australian supply issue, China stimulusSeaborne iron ore prices soared on Tuesday June 11 in line with spikes in the futures prices amid bullishness triggered by more supply issues in Australia and economic stimulus in China.http://www.metalbulletin.com/Article/3878063/IRON-ORE-DAILY-Seaborne-prices-surge-above-105-per-tonne-on-Australian-supply-issue-China-stimulus.htmlTue, 11 Jun 2019 16:25:00 GMTDAILY SCRAP REPORT: Market quiet as mills look to make finished steel salesThe Turkish deep-sea scrap import market was mostly quiet on Tuesday June 11 with the mills focused on making sales of finished steel, sources told Fastmarkets. http://www.metalbulletin.com/Article/3878070/DAILY-SCRAP-REPORT-Market-quiet-as-mills-look-to-make-finished-steel-sales.htmlTue, 11 Jun 2019 16:22:00 GMTCIS STEEL SLAB: Increased competition, lower bids set to send prices downThe export market for steel slab from the Commonwealth of Independent States was quiet in the first week of July, with some major producers preferring to hold back their offers due to the uncertain market conditions. http://www.metalbulletin.com/Article/3878065/CIS-STEEL-SLAB-Increased-competition-lower-bids-set-to-send-prices-down.htmlTue, 11 Jun 2019 15:48:00 GMTA message from our CEO, Raju Daswani, about our lithium partnership with the LME Fastmarkets has been pricing lithium for more than 30 years and other metals, mining and forest product markets for over 100 years. http://www.metalbulletin.com/Article/3878060/A-message-from-our-CEO-Raju-Daswani-about-our-lithium-partnership-with-the-LME.htmlTue, 11 Jun 2019 14:30:00 GMTLITHIUM CONF: High-content nickel batteries to remain predominantLithium-ion batteries with higher nickel content will be predominant in the coming years as the industry searches for improved electric capacity, market participants said during Fastmarkets’ 11th Lithium Supply and Markets Conference on Monday June 10. http://www.metalbulletin.com/Article/3878050/LITHIUM-CONF-High-content-nickel-batteries-to-remain-predominant.htmlTue, 11 Jun 2019 13:54:00 GMTLITHIUM CONF: Govt push for EV output to shift from subsidies to regulationGovernment incentives for electric vehicle (EV) production, which up until now have mostly been subsidies, are slowly starting to shift into supportive legislation for the sector, market participants said at Fastmarkets’ 11th Lithium Supply and Markets Conference on Monday June 10.http://www.metalbulletin.com/Article/3878049/LITHIUM-CONF-Govt-push-for-EV-output-to-shift-from-subsidies-to-regulation.htmlTue, 11 Jun 2019 13:15:00 GMTCIS LONG STEEL EXPORT: Market quiet as customers show little interestThe CIS export rebar and wire rod market was quiet in the week to Monday June 10 due to the Eid holidays, marking the end of the holy month of Ramadan, in the major sales outlets.http://www.metalbulletin.com/Article/3878047/CIS-LONG-STEEL-EXPORT-Market-quiet-as-customers-show-little-interest.htmlTue, 11 Jun 2019 13:05:00 GMTCHINA HRC: Rebounding futures boost domestic pricesChina’s domestic hot-rolled coil prices bounced back on Tuesday June 11 amid robust trading supported by rebounding futures.http://www.metalbulletin.com/Article/3878025/CHINA-HRC-Rebounding-futures-boost-domestic-prices.htmlTue, 11 Jun 2019 12:07:00 GMTCOKING COAL DAILY: Seaborne market steady amid thin tradingThin trading kept prices for seaborne coking coal largely stable on Tuesday June 11.http://www.metalbulletin.com/Article/3878041/COKING-COAL-DAILY-Seaborne-market-steady-amid-thin-trading.htmlTue, 11 Jun 2019 11:37:00 GMTRUSSIA FLAT STEEL: Market stable on seasonally good demandThe market for flat steel products in Russia’s Central Federal District around Moscow was stable on seasonally good demand, sources told Fastmarkets on Monday June 10. http://www.metalbulletin.com/Article/3878039/RUSSIA-FLAT-STEEL-Market-stable-on-seasonally-good-demand.htmlTue, 11 Jun 2019 11:33:00 GMTCHINA REBAR: Prices rise amid loosening of project funding rules China’s rebar prices rebounded on Tuesday June 11 after Beijing urged local governments to issue special bonds to support economic growth and maintain a reasonable level of liquidity in the market.http://www.metalbulletin.com/Article/3878010/CHINA-REBAR-Prices-rise-amid-loosening-of-project-funding-rules.htmlTue, 11 Jun 2019 11:07:00 GMTIndonesian floods affecting local nickel projects - sourcesFloods across the Indonesian island of Sulawesi are hampering operations at laterite ore loading facilities as well as a number of nickel pig iron (NPI) projects in the region, market participants told Fastmarkets MB on Tuesday June 11.http://www.metalbulletin.com/Article/3878036/Indonesian-floods-affecting-local-nickel-projects-sources.htmlTue, 11 Jun 2019 10:37:00 GMTLIVE FUTURES REPORT 11/06: LME base metals prices appreciate despite trade jitters; zinc breaches $2,500/tBase metals prices on the London Metal Exchange were higher across the board during morning trading on Tuesday June 11, improving despite continued trade war uncertainty while both the United States and China continue to threaten additional tariffs. http://www.metalbulletin.com/Article/3878023/LIVE-FUTURES-REPORT-1106-LME-base-metals-prices-appreciate-despite-trade-jitters-zinc-breaches-2500t.htmlTue, 11 Jun 2019 10:28:00 GMTChina's Shagang cuts long steel prices for mid-JuneEastern China’s Shagang has lowered the list prices for its rebar and wire rod booked and shipped in mid-June. http://www.metalbulletin.com/Article/3878005/Chinas-Shagang-cuts-long-steel-prices-for-mid-June.htmlTue, 11 Jun 2019 05:53:00 GMTLIVE FUTURES REPORT 11/06: Improving risk sentiment supports SHFE base metals prices; Cu up by 1%With the exception of nickel that was little changed, base metals prices on the Shanghai Futures Exchange were all up during morning trading on Tuesday June 11.http://www.metalbulletin.com/Article/3878006/LIVE-FUTURES-REPORT-1106-Improving-risk-sentiment-supports-SHFE-base-metals-prices-Cu-up-by-1.htmlTue, 11 Jun 2019 05:42:00 GMTGLOBAL SILICON SNAPSHOT: US silicon may be finding bottom; European prices drop on sluggish demandKey data from the pricing sessions Europe and the United States for the week-long period to Monday June 10.http://www.metalbulletin.com/Article/3877984/GLOBAL-SILICON-SNAPSHOT-US-silicon-may-be-finding-bottom-European-prices-drop-on-sluggish-demand.htmlMon, 10 Jun 2019 23:01:00 GMTLIVE FUTURES REPORT 10/06: LME lead price soars 2.5% in volatile tradingThe three-month price of lead on the London Metal Exchange had gone up by the close of trading on Monday June 10, reaching an intraday high of $1,890 per tonne, while the forward spread on the LME was in its widest backwardation since April 2017. http://www.metalbulletin.com/Article/3877985/LIVE-FUTURES-REPORT-1006-LME-lead-price-soars-25-in-volatile-trading.htmlMon, 10 Jun 2019 18:26:00 GMTCIS FLAT STEEL: Market still calm after holidays at key outlets The export market for hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States (CIS) remained quiet on Monday June 10, with activity yet to pick up after Eid al Fitr celebrations in key destinations. http://www.metalbulletin.com/Article/3877977/CIS-FLAT-STEEL-Market-still-calm-after-holidays-at-key-outlets.htmlMon, 10 Jun 2019 17:40:00 GMTGLOBAL FERRO-SILICON SNAPSHOT: Europe, US markets stable; Europe silicon prices downThe ferro-silicon markets in Europe and the United States were stable over the week ended on Friday June 7.http://www.metalbulletin.com/Article/3877982/GLOBAL-FERRO-SILICON-SNAPSHOT-Europe-US-markets-stable-Europe-silicon-prices-down.htmlMon, 10 Jun 2019 17:35:00 GMTGLOBAL MANGANESE WRAP: Ore prices in China fall further; stocks halt rising trendAggressive bids and ample supply weighed on seaborne and port prices for low-grade manganese ore in the week ending on Friday June 7.http://www.metalbulletin.com/Article/3877971/GLOBAL-MANGANESE-WRAP-Ore-prices-in-China-fall-further-stocks-halt-rising-trend.htmlMon, 10 Jun 2019 17:15:00 GMTCIS STEEL BILLET: Market quiet because of customer holidaysThe CIS export billet market was quiet in the first week of June with most potential customers on holidays, Fastmarkets heard on Monday June 10. http://www.metalbulletin.com/Article/3877975/CIS-STEEL-BILLET-Market-quiet-because-of-customer-holidays.htmlMon, 10 Jun 2019 17:12:00 GMTDAILY SCRAP REPORT: Three new US cargoes send prices downTurkish deep-sea scrap import prices have gone down sharply, which was expected after the mills in the country failed to sell finished long steel products to the United States, sources told Fastmarkets on Monday June 10. http://www.metalbulletin.com/Article/3877920/DAILY-SCRAP-REPORT-Three-new-US-cargoes-send-prices-down.htmlMon, 10 Jun 2019 16:10:00 GMTTURKEY FERROUS SCRAP: Domestic prices inch up on rise in import costsTurkish domestic scrap prices have inched upward over the past week because of the recent uptick in imported scrap prices, sources said on Monday June 10. http://www.metalbulletin.com/Article/3877916/TURKEY-FERROUS-SCRAP-Domestic-prices-inch-up-on-rise-in-import-costs.htmlMon, 10 Jun 2019 15:17:00 GMTGLOBAL CHROME WRAP: Imported chrome prices in China keep sliding on poor demand, sentimentPoor demand and deteriorating sentiment are keeping prices for imported chrome products under pressure in China.http://www.metalbulletin.com/Article/3877881/GLOBAL-CHROME-WRAP-Imported-chrome-prices-in-China-keep-sliding-on-poor-demand-sentiment.htmlMon, 10 Jun 2019 14:40:00 GMTGLOBAL ANTIMONY SNAPSHOT: Chinese, European prices stabilize amid call for production cuts in ChinaKey data from the pricing sessions in Asia and Europe for the week ended Friday June 7.http://www.metalbulletin.com/Article/3877835/GLOBAL-ANTIMONY-SNAPSHOT-Chinese-European-prices-stabilize-amid-call-for-production-cuts-in-China.htmlMon, 10 Jun 2019 13:34:00 GMTIRON ORE DAILY: Seaborne prices rise on revival in buying activitySeaborne iron ore prices edged up on Monday June 10 amid positive buying activity and gains in the futures markets. http://www.metalbulletin.com/Article/3877884/IRON-ORE-DAILY-Seaborne-prices-rise-on-revival-in-buying-activity.htmlMon, 10 Jun 2019 13:32:00 GMTFastmarkets-LME partnership will pave way for lithium futures contract, says exchangeThe London Metal Exchange is partnering with Fastmarkets to promote the uptake of a transparent and representative global lithium price, the exchange said on Monday June 10.http://www.metalbulletin.com/Article/3877876/Fastmarkets-LME-partnership-will-pave-way-for-lithium-futures-contract-says-exchange.htmlMon, 10 Jun 2019 13:00:00 GMTFastmarkets partners with the London Metal Exchange to develop lithium price benchmarkFastmarkets - a leading source of pricing information for the global commodity markets - announces that it has been selected by the London Metal Exchange (LME) as its partner to develop the lithium price benchmark. http://www.metalbulletin.com/Article/3877878/Fastmarkets-partners-with-the-London-Metal-Exchange-to-develop-lithium-price-benchmark.htmlMon, 10 Jun 2019 12:34:00 GMTChina alumina price continues downtrend after Xinfa’s closure - sourcesThe Chinese alumina market’s material supply has not been affected by the full production stop at Xinfa Group’s Jiaokou refinery and has showed no sign of tightness until now, sources told Fastmarkets.http://www.metalbulletin.com/Article/3877864/China-alumina-price-continues-downtrend-after-Xinfas-closure-sources.htmlMon, 10 Jun 2019 12:05:00 GMTCHINA HRC: Overseas buyers eyeing position cargoes amid domestic declineA further weakening of China’s domestic hot-rolled coil prices on Monday June 10 led overseas buyers to bid lower for the product, resulting in sparse trading. http://www.metalbulletin.com/Article/3877867/CHINA-HRC-Overseas-buyers-eyeing-position-cargoes-amid-domestic-decline.htmlMon, 10 Jun 2019 12:00:00 GMTSlab import prices in Asia nudge down on weak downstream market, religious holidaySteel slab import prices in Asia fell slightly over the past week because of a slowdown in parts of Southeast Asia related to the end of Ramadan, while activity in East Asia was limited by weakness in the downstream hot-rolled coil market. http://www.metalbulletin.com/Article/3877866/Slab-import-prices-in-Asia-nudge-down-on-weak-downstream-market-religious-holiday.htmlMon, 10 Jun 2019 11:56:00 GMTCOKING COAL DAILY: Seaborne prices steady amid trading lullThe seaborne coking coal spot market resumed trading on a relatively quiet note on Monday June 10 with lackluster demand keeping prices largely unchanged. http://www.metalbulletin.com/Article/3877869/COKING-COAL-DAILY-Seaborne-prices-steady-amid-trading-lull.htmlMon, 10 Jun 2019 11:33:00 GMTChinese ferro-vanadium prices rise on resumed buying in anticipation of rebar quality checkThe export price for ferro-vanadium in China rose for a second consecutive week in the latest assessment period ended on Thursday June 6, tracking the strength seen in the domestic market. http://www.metalbulletin.com/Article/3877843/Chinese-ferro-vanadium-prices-rise-on-resumed-buying-in-anticipation-of-rebar-quality-check.htmlMon, 10 Jun 2019 11:23:00 GMTCHINA REBAR: Mills shift attention to exports on weaker domestic marketsChina’s rebar prices continued to fall on Monday June 10 in both the domestic and export markets amid declining futures and intensifying pressure to sell. http://www.metalbulletin.com/Article/3877844/CHINA-REBAR-Mills-shift-attention-to-exports-on-weaker-domestic-markets.htmlMon, 10 Jun 2019 10:52:00 GMTSeaborne iron ore concentrate, pellet prices fall amid general retreatSeaborne iron ore concentrate and pellet prices dropped last week amid a general weakening of the market. http://www.metalbulletin.com/Article/3877847/Seaborne-iron-ore-concentrate-pellet-prices-fall-amid-general-retreat.htmlMon, 10 Jun 2019 10:38:00 GMTLIVE FUTURES REPORT 10/06: Lead's 1% rise led mixed trading across LME base metalsLead’s three-month price on the London Metal Exchange was up by around 1% during morning trading on Monday June 10, leading a broadly mixed base metals complex amid continued concerns over global economic health. http://www.metalbulletin.com/Article/3877863/LIVE-FUTURES-REPORT-1006-Leads-1-rise-led-mixed-trading-across-LME-base-metals.htmlMon, 10 Jun 2019 10:30:00 GMTNyrstar's Port Pirie lead smelter to resume operations at end of JuneNyrstar's lead smelter at Port Pirie, Australia, will resume production at the end of June after “steam eruption” delayed the phased restart of its blast furnace, the company said this week. http://www.metalbulletin.com/Article/3877845/Nyrstars-Port-Pirie-lead-smelter-to-resume-operations-at-end-of-June.htmlMon, 10 Jun 2019 10:22:00 GMTMORNING VIEW: LME base metals prices recover while selling pressure subsidesGlobal risk sentiment improved on Monday June 10 after the United States reached a last-minute trade deal with Mexico over the weekend, averting the imposition of a 5% tariff on all Mexican goods entering the US.http://www.metalbulletin.com/Article/3877816/MORNING-VIEW-LME-base-metals-prices-recover-while-selling-pressure-subsides.htmlMon, 10 Jun 2019 10:05:00 GMTChina’s finished steel exports tumble in MayChina’s finished steel exports fell in May on both a year-on-year basis as well as when compared with the preceding month. http://www.metalbulletin.com/Article/3877838/Chinas-finished-steel-exports-tumble-in-May.htmlMon, 10 Jun 2019 06:20:00 GMTLIVE FUTURES REPORT 10/06: SHFE base metal prices supported by positive Chinese data, weak US dollar; Ni climbs 1%Base metals prices, barring those for tin, on the Shanghai Futures Exchange were all up during morning trading on Monday June 10, with the complex broadly supported by the release of upbeat Chinese trade data and softness in the US dollar.http://www.metalbulletin.com/Article/3877837/LIVE-FUTURES-REPORT-1006-SHFE-base-metal-prices-supported-by-positive-Chinese-data-weak-US-dollar-Ni.htmlMon, 10 Jun 2019 05:57:00 GMTALUMINIUM BILLET WRAP: Spanish premium hits $350/t; other global premiums unchanged on low liquidity Global aluminium billet premiums were mostly flat on Friday June 7 due to a lack of spot business, but the premium in Spain fell to its lowest since August 2017.http://www.metalbulletin.com/Article/3877777/ALUMINIUM-BILLET-WRAP-Spanish-premium-hits-350t-other-global-premiums-unchanged-on-low-liquidity.htmlFri, 07 Jun 2019 21:34:00 GMTNOBLE ALLOYS MARKET REPORT 07/06: Molybdenum oxide moves up again amid spot tightness; ferro-vanadium stabilizes An overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3877774/NOBLE-ALLOYS-MARKET-REPORT-0706-Molybdenum-oxide-moves-up-again-amid-spot-tightness-ferro-vanadium.htmlFri, 07 Jun 2019 21:16:00 GMTRebar prices down in Brazil amid low demand, fiercer competitionDomestic rebar prices in Brazil fell during May as leading steelmakers battle with new participants for market share amid low domestic demand, retreating from announced price increases.http://www.metalbulletin.com/Article/3877789/Rebar-prices-down-in-Brazil-amid-low-demand-fiercer-competition.htmlFri, 07 Jun 2019 20:23:00 GMTPRICING NOTICE: South America import aluminium-zinc alloy coated steel coilFastmarkets MB is delaying the launch of a weekly price assessment of South America import aluminium-zinc alloy coated steel coil reported on a US-dollar-per-tonne cfr South America basis.http://www.metalbulletin.com/Article/3877557/PRICING-NOTICE-South-America-import-aluminium-zinc-alloy-coated-steel-coil.htmlFri, 07 Jun 2019 20:03:00 GMTMINOR METALS MARKET REPORT 07/06: Manganese softer; low offers for cadmiumAn overview of the minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3877722/MINOR-METALS-MARKET-REPORT-0706-Manganese-softer-low-offers-for-cadmium.htmlFri, 07 Jun 2019 19:05:00 GMTLIVE FUTURES REPORT 07/06: Profit-taking sees LME lead price slip 3%; zinc dips below $2,500 per tonneLead’s three-month price on the London Metal Exchange was lower at the close of trading on Friday June 7, failing to sustain gains made earlier in the week but staying above its nearby $1,800 per tonne support level, while disappointing US job growth figures hung over the commodity markets. http://www.metalbulletin.com/Article/3877781/LIVE-FUTURES-REPORT-0706-Profit-taking-sees-LME-lead-price-slip-3-zinc-dips-below-2500-per-tonne.htmlFri, 07 Jun 2019 18:37:00 GMTEUROPE ALLOY STEEL SCRAP: Prices largely stable with poor demand matched by limited supplyPrices for alloy steel scrap in Europe and the UK were largely stable this week in a slow market where poor demand has been matched by limited supply, sources told Fastmarkets on Friday June 7. http://www.metalbulletin.com/Article/3877782/EUROPE-ALLOY-STEEL-SCRAP-Prices-largely-stable-with-poor-demand-matched-by-limited-supply.htmlFri, 07 Jun 2019 18:22:00 GMTWEEKLY SCRAP WRAP: Global prices flat or down with Turkey absent from tradingGlobal ferrous scrap prices moved downward during the week ended Friday June 7, notably in India and Taiwan, but prices in Turkey, the United States and Vietnam remaining unchanged on a lack of trading. http://www.metalbulletin.com/Article/3877735/WEEKLY-SCRAP-WRAP-Global-prices-flat-or-down-with-Turkey-absent-from-trading.htmlFri, 07 Jun 2019 18:10:00 GMTINDIA IMPORT SCRAP: Prices down on poor demandThe price of shredded ferrous scrap imported into India moved down week on week following poor demand, sources told Fastmarkets on Friday June 7.http://www.metalbulletin.com/Article/3877732/INDIA-IMPORT-SCRAP-Prices-down-on-poor-demand.htmlFri, 07 Jun 2019 17:47:00 GMTGLOBAL CHROME SNAPSHOT: Imported UG2 chrome ore, charge chrome prices into China continue to slide Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday June 7. http://www.metalbulletin.com/Article/3877773/GLOBAL-CHROME-SNAPSHOT-Imported-UG2-chrome-ore-charge-chrome-prices-into-China-continue-to-slide.htmlFri, 07 Jun 2019 17:31:00 GMTEUROPE STAINLESS STEEL: Prices under pressure from lower surcharges, weak demandStainless steel prices in Europe were under pressure this week from lower June alloy surcharges and weak demand, sources told Fastmarkets on Friday June 7. http://www.metalbulletin.com/Article/3877738/EUROPE-STAINLESS-STEEL-Prices-under-pressure-from-lower-surcharges-weak-demand.htmlFri, 07 Jun 2019 17:24:00 GMTBATTERY RAW MATERIALS MARKET REPORT 07/06: Cobalt prices continue slide amid weak buying activityAn overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3877770/BATTERY-RAW-MATERIALS-MARKET-REPORT-0706-Cobalt-prices-continue-slide-amid-weak-buying-activity.htmlFri, 07 Jun 2019 17:22:00 GMTIndian secondary billet prices down by $12 per tonne in a weekIndian domestic prices for secondary steel billet fell by at least 800 rupees ($12) per tonne this week on account of reduced inquiries and minimal buying by finished product makers, Fastmarkets heard on Friday June 7. http://www.metalbulletin.com/Article/3877737/Indian-secondary-billet-prices-down-by-12-per-tonne-in-a-week.htmlFri, 07 Jun 2019 17:11:00 GMTALUMINA SNAPSHOT: Fob Australia index drops more than 3% to fresh three-week low Fastmarkets’ alumina index fob Australia declined by 3.7% on Friday June 7 to its lowest since early May.http://www.metalbulletin.com/Article/3877736/ALUMINA-SNAPSHOT-Fob-Australia-index-drops-more-than-3-to-fresh-three-week-low.htmlFri, 07 Jun 2019 16:48:00 GMTDAILY SCRAP REPORT: Prices flat after week with no tradingTurkish mills did not book any deep-sea cargoes in the week ended Friday June 7 because of the week-long Eid al-Fitr public holiday, sources told Fastmarkets. http://www.metalbulletin.com/Article/3877728/DAILY-SCRAP-REPORT-Prices-flat-after-week-with-no-trading.htmlFri, 07 Jun 2019 16:48:00 GMTPRICING NOTICE: Proposal to reduce publication frequency of a number of base metals premiumsFastmarkets proposes to reduce the frequency of publication of a number of base metal price assessments in response to low transaction liquidity and a lack of price volatility in the past year.http://www.metalbulletin.com/Article/3875675/PRICING-NOTICE-Proposal-to-reduce-publication-frequency-of-a-number-of-base-metals-premiums.htmlFri, 07 Jun 2019 15:58:00 GMTEU HRC producers turn to exports as domestic sales fall back, sources sayEuropean steelmakers increased their exports of hot-rolled coil (HRC) in April-May 2019 to try to compensate for poor domestic demand, market sources have told Fastmarkets. http://www.metalbulletin.com/Article/3877605/EU-HRC-producers-turn-to-exports-as-domestic-sales-fall-back-sources-say.htmlFri, 07 Jun 2019 15:28:00 GMTPOLAND REBAR: Domestic prices stable supported by good demandDomestic rebar prices in Poland have been largely unchanged over the past week, supported by solid demand, sources told Fastmarkets on Friday June 7. http://www.metalbulletin.com/Article/3877610/POLAND-REBAR-Domestic-prices-stable-supported-by-good-demand.htmlFri, 07 Jun 2019 14:01:00 GMTSoutheast Asian billet import prices set to fall on downstream weaknessPrices in Southeast Asia’s steel billet market remained stable on Friday June 7 with trading activity limited by the upcoming rainy season in the Philippines and public holidays in various areas to mark the end of the Islamic holy month of Ramadan. http://www.metalbulletin.com/Article/3877603/Southeast-Asian-billet-import-prices-set-to-fall-on-downstream-weakness.htmlFri, 07 Jun 2019 12:25:00 GMTFOCUS: Six questions about the manganese ore, alloy disconnectFastmarkets examines the disconnect between manganese ore and alloy prices, which has led to squeezed margins for alloy producers.http://www.metalbulletin.com/Article/3877578/FOCUS-Six-questions-about-the-manganese-ore-alloy-disconnect.htmlFri, 07 Jun 2019 12:10:00 GMTASIA FERROUS SCRAP: Sentiment in Taiwan flips to bearish amid Turkish trading hiatusSentiment in the key containerized scrap import market of Taiwan flipped to bearish this week, with demand stalling while end users awaited a clearer price direction after rumors of a lower-priced deal in Turkey. http://www.metalbulletin.com/Article/3877573/ASIA-FERROUS-SCRAP-Sentiment-in-Taiwan-flips-to-bearish-amid-Turkish-trading-hiatus.htmlFri, 07 Jun 2019 12:04:00 GMTIRON ORE DAILY: Prices flat amid Chinese holiday Seaborne iron ore prices were flat on Friday June 7 amid a muted market due to a public holiday in China.http://www.metalbulletin.com/Article/3877592/IRON-ORE-DAILY-Prices-flat-amid-Chinese-holiday.htmlFri, 07 Jun 2019 11:58:00 GMTCOKING COAL DAILY: Sentiment worsens in ex-China marketSentiment in the ex-China segment of the seaborne coking coal market has deteriorated further following a trade involving a cargo of premium materials that was concluded below prevailing levels.http://www.metalbulletin.com/Article/3877601/COKING-COAL-DAILY-Sentiment-worsens-in-ex-China-market.htmlFri, 07 Jun 2019 11:30:00 GMTLIVE FUTURES REPORT 07/06: LME lead price falls 1.4% in lackluster morning trading; tin nears $19,500/tLead’s three-month price on the London Metal Exchange was lower during morning trading on Friday June 7, with price action falling back to $1,860 per tonne after breaching the nearby $1,900 per tonne resistance level on Thursday following a 2% climb. http://www.metalbulletin.com/Article/3877600/LIVE-FUTURES-REPORT-0706-LME-lead-price-falls-14-in-lackluster-morning-trading-tin-nears-19500t.htmlFri, 07 Jun 2019 10:46:00 GMTKCM’s June copper deliveries disrupted by liquidation orderA customer of Konkola Copper Mines (KCM) has been informed that it will not be receiving copper deliveries in June after the Zambian government’s recent liquidation order on the supplier.http://www.metalbulletin.com/Article/3877551/KCMs-June-copper-deliveries-disrupted-by-liquidation-order.htmlFri, 07 Jun 2019 09:35:00 GMTGLOBAL LITHIUM WRAP: China’s battery-grade carbonate price falls on slow buying activity ahead of Dragon Boat FestivalThe price in China’s domestic market for battery-grade lithium carbonate moved down week on week on slow demand because of the forthcoming Dragon Boat Festival on June 7-9; prices in the rest of the world were stable. http://www.metalbulletin.com/Article/3877554/GLOBAL-LITHIUM-WRAP-Chinas-battery-grade-carbonate-price-falls-on-slow-buying-activity-ahead-of.htmlFri, 07 Jun 2019 09:25:00 GMTMORNING VIEW: Metals prices consolidate but still face many headwindsDespite the world of trade and economic weakness still very much in focus, markets have generally managed to do some consolidating, although with the gold price holding above $1,230 per oz, haven assets remain in demand. http://www.metalbulletin.com/Article/3877575/MORNING-VIEW-Metals-prices-consolidate-but-still-face-many-headwinds.htmlFri, 07 Jun 2019 09:22:00 GMTLIVE FUTURES REPORT 06/06: LME lead price jumps 2% amid Port Pirie force majeure; spreads remain tight The three-month lead price on the London Metal Exchange climbed by just under 2% at the close of trading on Thursday June 6, closing just below $1,900 per tonne amid news of Nyrstar’s declaration of force majeure at its Port Pirie smelter in Australia. http://www.metalbulletin.com/Article/3877553/LIVE-FUTURES-REPORT-0606-LME-lead-price-jumps-2-amid-Port-Pirie-force-majeure-spreads-remain-tight.htmlThu, 06 Jun 2019 17:56:00 GMTEXCLUSIVE: EU steelmakers request review of 5% safeguard quota rise, seek quarterly HRC allocationEuropean steelmakers have called for the European Commission (EC) to review its decision to liberalize its import safeguard measures by increasing quota volumes by 5% each year, Fastmarkets has learned.http://www.metalbulletin.com/Article/3877548/EXCLUSIVE-EU-steelmakers-request-review-of-5-safeguard-quota-rise-seek-quarterly-HRC-allocation.htmlThu, 06 Jun 2019 17:55:00 GMTDAILY SCRAP REPORT: Prices unchanged on trading hiatus Turkish mills booked no deep-sea cargoes on Thursday June 6 due to the Eid al-Fitr public holiday, sources told Fastmarkets. http://www.metalbulletin.com/Article/3877483/DAILY-SCRAP-REPORT-Prices-unchanged-on-trading-hiatus.htmlThu, 06 Jun 2019 16:01:00 GMTIRON ORE DAILY: Prices rangebound amid futures volatilityPhysical iron ore prices were rangebound on Thursday May 6, while the futures market experienced choppy trading.http://www.metalbulletin.com/Article/3877442/IRON-ORE-DAILY-Prices-rangebound-amid-futures-volatility.htmlThu, 06 Jun 2019 14:55:00 GMTINTL NICKEL CONF: Potential 2030 ban on ICEs could drive 80% nickel share of EV battery market – LMC Automotive A potential global ban on internal combustion engines (ICEs) by 2030 could facilitate a growth in nickel’s share of the electric vehicle battery market to 80%, Al Bedwell of automotive intelligence provider LMC Automotive said at the 7th International Nickel Conference on Thursday June 6. http://www.metalbulletin.com/Article/3877408/INTL-NICKEL-CONF-Potential-2030-ban-on-ICEs-could-drive-80-nickel-share-of-EV-battery-marketLMC.htmlThu, 06 Jun 2019 13:10:00 GMTEast Asian stainless steel prices fall slightly on lackluster demandImport prices for stainless steel in East Asia declined slightly over the past week amid lackluster demand and expectations of further price decreases later this month.http://www.metalbulletin.com/Article/3877395/East-Asian-stainless-steel-prices-fall-slightly-on-lackluster-demand.htmlThu, 06 Jun 2019 12:28:00 GMTCOKING COAL DAILY: Cargo sold to China fetches lower priceThe cfr China segment of the seaborne coking coal market continued to weaken on Thursday June 6, with a cargo of premium materials being traded below prevailing levels.http://www.metalbulletin.com/Article/3877409/COKING-COAL-DAILY-Cargo-sold-to-China-fetches-lower-price.htmlThu, 06 Jun 2019 12:06:00 GMTNEWSBREAK: First Q3 MJP aluminium deal done at $108/t premium - sources The first deal for third-quarter aluminium ingot supply to Japan has been concluded at a cif premium of $108 per tonne basis main Japanese ports (MJP), nearly 3% above the second-quarter benchmark, market sources told Fastmarkets on Thursday June 6. http://www.metalbulletin.com/Article/3877407/NEWSBREAK-First-Q3-MJP-aluminium-deal-done-at-108t-premium-sources.htmlThu, 06 Jun 2019 11:53:00 GMTCHINA HRC: Bearish sentiment drags prices down further amid rising inventoriesChina’s hot-rolled coil prices weakened again on Thursday June 6 on thin trading amid bearish sentiment and rising inventory levels.http://www.metalbulletin.com/Article/3877405/CHINA-HRC-Bearish-sentiment-drags-prices-down-further-amid-rising-inventories.htmlThu, 06 Jun 2019 11:40:00 GMTPRICING NOTICE: Proposal to amend publication day of Chinese ferro-silicon pricesFastmarkets proposes changes to the publication day for two weekly Chinese ferro-silicon prices from Friday to Wednesday. http://www.metalbulletin.com/Article/3876974/PRICING-NOTICE-Proposal-to-amend-publication-day-of-Chinese-ferro-silicon-prices.htmlThu, 06 Jun 2019 11:40:00 GMTINTL NICKEL CONF: EV experts tell nickel market to invest now or regret laterParticipants in the nickel market should invest in production for electric vehicle (EV) batteries soon or eventually they will regret not doing so, according to EV sector experts speaking at Fastmarkets' 7th International Nickel Conference in Amsterdam on Wednesday June 5. http://www.metalbulletin.com/Article/3877360/INTL-NICKEL-CONF-EV-experts-tell-nickel-market-to-invest-now-or-regret-later.htmlThu, 06 Jun 2019 11:27:00 GMTCHINA REBAR: Domestic prices withdraw again on weak demandChina’s domestic rebar prices retreated on Thursday June 6 on softer demand amid losses in the futures market. http://www.metalbulletin.com/Article/3877398/CHINA-REBAR-Domestic-prices-withdraw-again-on-weak-demand.htmlThu, 06 Jun 2019 11:02:00 GMTGTA lowers tungsten conc, APT price forecasts for June; participants divided on market directionChina’s Ganzhou Tungsten Association (GTA) has lowered its tungsten price forecasts for June but participants expressed differing opinions about the direction of the market in the near term.http://www.metalbulletin.com/Article/3877389/GTA-lowers-tungsten-conc-APT-price-forecasts-for-June-participants-divided-on-market-direction.htmlThu, 06 Jun 2019 10:23:00 GMTLIVE FUTURES REPORT 06/06: LME zinc price climbs 2%; lead approaches $1,900/tZinc’s three-month price on the London Metal Exchange climbed by more than 2% during morning trading on Thursday June 6, breaching its nearby $2,500 per tonne resistance level while the metal’s forward spreads begin to show signs of easing. http://www.metalbulletin.com/Article/3877402/LIVE-FUTURES-REPORT-0606-LME-zinc-price-climbs-2-lead-approaches-1900t.htmlThu, 06 Jun 2019 10:20:00 GMTNyrstar declares force majeure on Port Pirie lead contracts after outage Global zinc and lead producer Nyrstar has declared force majeure on contracts to supply lead from its Port Pirie smelter in Australia, a spokesman for the company said on Thursday June 6. http://www.metalbulletin.com/Article/3877401/Nyrstar-declares-force-majeure-on-Port-Pirie-lead-contracts-after-outage.htmlThu, 06 Jun 2019 09:55:00 GMTMORNING VIEW: Metals prices firmer but path of least resistance remains to downsideOne disappointment after another in the world of trade and economic data, with the only relief coming in the form of potential for easier monetary policy, makes for a gloomy outlook.http://www.metalbulletin.com/Article/3877394/MORNING-VIEW-Metals-prices-firmer-but-path-of-least-resistance-remains-to-downside.htmlThu, 06 Jun 2019 09:43:00 GMTLIVE FUTURES REPORT 06/06: Macroeconomic concerns keep SHFE base metals prices under pressure; Cu slides 1.3%Base metals prices on the Shanghai Futures Exchange were mostly down during morning trading on Thursday June 6, with concerns of a global economic slowdown weighing on the complex. http://www.metalbulletin.com/Article/3877382/LIVE-FUTURES-REPORT-0606-Macroeconomic-concerns-keep-SHFE-base-metals-prices-under-pressure-Cu-slides.htmlThu, 06 Jun 2019 05:53:00 GMTCHINA COBALT SNAPSHOT: Downtrend in cobalt sulfate market pauses but price remains vulnerable amid weak sentimentKey data from the Wednesday June 5 pricing session in China. http://www.metalbulletin.com/Article/3877375/CHINA-COBALT-SNAPSHOT-Downtrend-in-cobalt-sulfate-market-pauses-but-price-remains-vulnerable-amid.htmlThu, 06 Jun 2019 04:45:00 GMTANTIMONY SNAPSHOT: Weakness persists in European market despite call for output cuts in ChinaKey data from the Wednesday June 5 pricing session in Europe.http://www.metalbulletin.com/Article/3877351/ANTIMONY-SNAPSHOT-Weakness-persists-in-European-market-despite-call-for-output-cuts-in-China.htmlThu, 06 Jun 2019 03:55:00 GMTMINOR METALS MARKET REPORT 05/06: Antimony prices continue downtrend; selenium weakensAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3877305/MINOR-METALS-MARKET-REPORT-0506-Antimony-prices-continue-downtrend-selenium-weakens.htmlWed, 05 Jun 2019 18:30:00 GMTEUROPE CRC: Domestic prices up despite slow trading activityDomestic prices for cold-rolled coil (CRC) have moved up this week despite trading activity remaining slow, sources told Fastmarkets on Wednesday June 5. http://www.metalbulletin.com/Article/3877346/EUROPE-CRC-Domestic-prices-up-despite-slow-trading-activity.htmlWed, 05 Jun 2019 18:25:00 GMTEUROPE HRC: Transaction prices slowly recover, mills seek further risesDomestic transaction prices for hot-rolled coil (HRC) in the EU have moved up over the past week and steelmakers were looking for further price rises, market sources told Fastmarkets on Wednesday June 5. http://www.metalbulletin.com/Article/3877304/EUROPE-HRC-Transaction-prices-slowly-recover-mills-seek-further-rises.htmlWed, 05 Jun 2019 18:05:00 GMT LIVE FUTURES REPORT 05/06: LME copper price ends lower, drags rest of complex downThe benchmark copper price London Metal Exchange ended 1.5% lower on Wednesday June 5, leading the rest of the base metals lower.http://www.metalbulletin.com/Article/3877356/LIVE-FUTURES-REPORT-0506-LME-copper-price-ends-lower-drags-rest-of-complex-down.htmlWed, 05 Jun 2019 18:03:00 GMTSOUTHERN EUROPE REBAR: Domestic prices widen upward on limited tradingPrices for rebar produced and delivered in Southern Europe widened upward by €5 per tonne on Wednesday June 5 on limited trading, but weak demand continued, market participants told Fastmarkets.http://www.metalbulletin.com/Article/3877306/SOUTHERN-EUROPE-REBAR-Domestic-prices-widen-upward-on-limited-trading.htmlWed, 05 Jun 2019 18:03:00 GMTTITANIUM SNAPSHOT: Weakening demand weighs on alloy, scrap marketsKey data from the Wednesday June 5 pricing session in Europe.http://www.metalbulletin.com/Article/3877344/TITANIUM-SNAPSHOT-Weakening-demand-weighs-on-alloy-scrap-markets.htmlWed, 05 Jun 2019 18:02:00 GMTVoestalpine blames lower earnings on global trade wars, Brexit Voestalpine has blamed lower earnings for its 2018/2019 financial year on an economic slowdown caused by trade wars between the United States, China and Europe, as well as Brexit, chairman Wolfgang Eder said. http://www.metalbulletin.com/Article/3877348/Voestalpine-blames-lower-earnings-on-global-trade-wars-Brexit.htmlWed, 05 Jun 2019 17:51:00 GMTGLOBAL TIN WRAP: Premiums down in US on extreme supply surplus; flat elsewhere Tin flows into the London Metal Exchange late in May and June are beginning to put pressure on tin premiums basis the regions we follow, with the US ingot premiums narrowing downward on Tuesday June 4. http://www.metalbulletin.com/Article/3877307/GLOBAL-TIN-WRAP-Premiums-down-in-US-on-extreme-supply-surplus-flat-elsewhere.htmlWed, 05 Jun 2019 17:49:00 GMTEUROPE SECTIONS: Prices unchanged but feedstock prices recoveringDomestic prices for hollow steel sections in Europe were unchanged this week, but feedstock costs have begun to recover from recent losses, sources told Fastmarkets on Wednesday June 5. http://www.metalbulletin.com/Article/3877301/EUROPE-SECTIONS-Prices-unchanged-but-feedstock-prices-recovering.htmlWed, 05 Jun 2019 17:45:00 GMTEUROPE BEAMS: Prices flat but sentiment turns sourSteel H-beam prices in both Northern and Southern Europe were unchanged this week but sentiment was negative due to the low levels of demand, sources told Fastmarkets on Wednesday June 5. http://www.metalbulletin.com/Article/3877295/EUROPE-BEAMS-Prices-flat-but-sentiment-turns-sour.htmlWed, 05 Jun 2019 17:30:00 GMTDAILY SCRAP REPORT: Pause in trading continues, prices flatTurkish mills continued their absence from the deep-sea scrap market on Wednesday June 5 while the country was on the week-long Eid al-Fitr public holiday, sources told Fastmarkets. http://www.metalbulletin.com/Article/3877298/DAILY-SCRAP-REPORT-Pause-in-trading-continues-prices-flat.htmlWed, 05 Jun 2019 17:08:00 GMTBASE METALS WARRANT REPORT 05/06A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday June 5. http://www.metalbulletin.com/Article/3877350/BASE-METALS-WARRANT-REPORT-0506.htmlWed, 05 Jun 2019 17:00:00 GMTEUROPE WIRE ROD: Prices stable; higher mill offers heardPrices for mesh-quality wire rod in Europe were unchanged over the past week, but some European mills have begun to make higher offers, sources told Fastmarkets on Wednesday June 5. http://www.metalbulletin.com/Article/3877296/EUROPE-WIRE-ROD-Prices-stable-higher-mill-offers-heard.htmlWed, 05 Jun 2019 16:57:00 GMTNORTHERN EUROPE REBAR: Prices narrow downward as demand remains poorThe price of rebar produced and delivered in Northern Europe has narrowed downward by €10 per tonne week on week, with poor end-user demand and hesitant buying activity continuing, market participants told Fastmarkets on Wednesday June 5. http://www.metalbulletin.com/Article/3877264/NORTHERN-EUROPE-REBAR-Prices-narrow-downward-as-demand-remains-poor.htmlWed, 05 Jun 2019 16:45:00 GMTNOBLE ALLOYS MARKET REPORT 05/06: Molybdenum markets move up on oxide tightness; ferro-vanadium range widensAn overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3877299/NOBLE-ALLOYS-MARKET-REPORT-0506-Molybdenum-markets-move-up-on-oxide-tightness-ferro-vanadium-range.htmlWed, 05 Jun 2019 16:12:00 GMTFOCUS: How the alumina market has changed since Alunorte’s force majeureThe global alumina market has become more sentiment-driven over the past year and knee-jerk reactions have become more common, market sources told Fastmarkets.http://www.metalbulletin.com/Article/3877258/FOCUS-How-the-alumina-market-has-changed-since-Alunortes-force-majeure.htmlWed, 05 Jun 2019 16:00:00 GMTGLOBAL NICKEL WRAP: US briquette premium falls for third straight week; European trading quietNickel premiums worldwide were predominantly lower during the week ending on June 5, with heightened trade tensions pushing nickel briquette premiums in the United States down for the third consecutive week.http://www.metalbulletin.com/Article/3877219/GLOBAL-NICKEL-WRAP-US-briquette-premium-falls-for-third-straight-week-European-trading-quiet.htmlWed, 05 Jun 2019 13:15:00 GMTINTL NICKEL CONF: Nickel deficit to shrink to 80,000 tonnes in 2019 – INSG The refined nickel market deficit is expected to nearly halve to around 80,000 tonnes this year from almost 150,000 tonnes in 2018, the International Nickel Study Group said on Wednesday June 5. http://www.metalbulletin.com/Article/3877245/INTL-NICKEL-CONF-Nickel-deficit-to-shrink-to-80000-tonnes-in-2019INSG.htmlWed, 05 Jun 2019 13:08:00 GMTINTL NICKEL CONF: LME nickel price unlikely to hit $13,000/t in 2019, bearish analysts say Nickel market analysts were resolutely bearish during a pricing panel at the Fastmarkets’ seventh International Nickel conference in Amsterdam on Wednesday June 5, forecasting that the London Metal Exchange three-month nickel price is unlikely to breach $13,000 per tonne this year. http://www.metalbulletin.com/Article/3877242/INTL-NICKEL-CONF-LME-nickel-price-unlikely-to-hit-13000t-in-2019-bearish-analysts-say.htmlWed, 05 Jun 2019 12:45:00 GMTALUMINIUM ARB INDICATOR: Removal of 232 tariff on Canada makes narrowing arb ‘unattractive’The estimated arbitrage between Southeast Asian warehouses and the US Midwest continued to narrow in May, due to lower Midwest premiums and a spike in spot barge rates.http://www.metalbulletin.com/Article/3877240/ALUMINIUM-ARB-INDICATOR-Removal-of-232-tariff-on-Canada-makes-narrowing-arb-unattractive.htmlWed, 05 Jun 2019 12:40:00 GMTGLOBAL ZINC & LEAD WRAP: Weak demand pressures zinc premiums in Asia; India secondary lead premium at record highSelling pressure amid a steep backwardation in London Metal Exchange zinc and a demand slowdown in the upcoming off-season pushed zinc premiums in Asia down this week, except Taiwan, while strong demand for secondary lead in India, caused by the LME price drop, sent cargo premiums to a record high.http://www.metalbulletin.com/Article/3877227/GLOBAL-ZINC-and-LEAD-WRAP-Weak-demand-pressures-zinc-premiums-in-Asia-India-secondary-lead-premium-at.htmlWed, 05 Jun 2019 12:15:00 GMTGLOBAL COPPER WRAP: Shanghai premiums make gains, US market eyes potential Mexico tariffs Copper premiums made gains in Shanghai on a more favorable import arbitrage ratio, while the US market is closely eyeing whether President Donald Trump will follow through with threats to tariff all imports from Mexico, a major cathode supplier.http://www.metalbulletin.com/Article/3877203/GLOBAL-COPPER-WRAP-Shanghai-premiums-make-gains-US-market-eyes-potential-Mexico-tariffs.htmlWed, 05 Jun 2019 11:30:00 GMTCHINA HRC: Exporters keeping offers flat amid low bidsChina’s hot-rolled coil prices slid further on Wednesday June 5 amid persistently thin trading, though some exporters showed little willingness to sell any lower.http://www.metalbulletin.com/Article/3877237/CHINA-HRC-Exporters-keeping-offers-flat-amid-low-bids.htmlWed, 05 Jun 2019 11:25:00 GMTHydro Q1 earnings plummet 82% on Alunorte curtailment, cyber attack Producer Norsk Hydro’s underlying earnings before interest and taxes (Ebit) was Nkr 559 million ($64.3 million) in the first quarter of 2019, down from Nkr 3.147 billion in the same quarter last year. http://www.metalbulletin.com/Article/3877232/Hydro-Q1-earnings-plummet-82-on-Alunorte-curtailment-cyber-attack.htmlWed, 05 Jun 2019 11:21:00 GMTCHINA REBAR: Domestic prices bounce back but demand still weakChina’s domestic rebar prices moved up slightly on Wednesday June 5 on rebounding futures in the final hours of trading, though the increases resulted in a drop in buying activity. http://www.metalbulletin.com/Article/3877230/CHINA-REBAR-Domestic-prices-bounce-back-but-demand-still-weak.htmlWed, 05 Jun 2019 10:50:00 GMTGLOBAL ALUMINIUM WRAP: Rotterdam duty-unpaid premium rises; MJP spot market active at start of Q3 negotiations Global aluminium premiums continued to gain support from a prolonged wide contango in London Metal Exchange spreads in the week ended Tuesday June 4, with Rotterdam premiums edging higher and active trading at the main Japanese ports (MJP). http://www.metalbulletin.com/Article/3877220/GLOBAL-ALUMINIUM-WRAP-Rotterdam-duty-unpaid-premium-rises-MJP-spot-market-active-at-start-of-Q3.htmlWed, 05 Jun 2019 10:36:00 GMTLIVE FUTURES REPORT 05/06: Zinc price up on 16kt fresh cancellationsThe London Metal Exchange zinc price continued to increase over morning trading on Wednesday June 5 following another cancellation of 16,475 tonnes. http://www.metalbulletin.com/Article/3877235/LIVE-FUTURES-REPORT-0506-Zinc-price-up-on-16kt-fresh-cancellations.htmlWed, 05 Jun 2019 10:25:00 GMTMORNING VIEW: Dovish Fed comments provide some relief but trade, growth concerns dominate Nervousness in markets has temporarily eased following dovish comments from US Federal Reserve chairman Jerome Powel that suggested the Fed may be prepared to cut interest rates to sustain growth. http://www.metalbulletin.com/Article/3877228/MORNING-VIEW-Dovish-Fed-comments-provide-some-relief-but-trade-growth-concerns-dominate.htmlWed, 05 Jun 2019 09:34:00 GMTPRICING NOTICE: Proposal to amend specification of cobalt hydroxide payable indicator Fastmarkets proposes changes to the specification of its cobalt hydroxide payable indicator. http://www.metalbulletin.com/Article/3876759/PRICING-NOTICE-Proposal-to-amend-specification-of-cobalt-hydroxide-payable-indicator.htmlWed, 05 Jun 2019 09:30:00 GMTLIVE FUTURES REPORT 05/06: SHFE lead rises 1% amid weaker dollar, improved sentimentLead prices stood out as the biggest gainer in percentage terms on the Shanghai Futures Exchange during morning trading on Wednesday June 5 against the backdrop of a weaker dollar and improved sentiment overnight. http://www.metalbulletin.com/Article/3877221/LIVE-FUTURES-REPORT-0506-SHFE-lead-rises-1-amid-weaker-dollar-improved-sentiment.htmlWed, 05 Jun 2019 06:17:00 GMTWEEKLY BASE METAL PREMIUMS REPORT 04/06A summary of base metals premiums from across the globe for the week to Tuesday June 4. http://www.metalbulletin.com/Article/3877190/WEEKLY-BASE-METAL-PREMIUMS-REPORT-0406.htmlTue, 04 Jun 2019 21:34:00 GMTAluminium producers set Q3 MJP premium offers up 12%The premiums offered on supplies of aluminium to Japan in the third quarter of 2019 have been heard at $115-120 per tonne cif main Japanese ports (MJP), about 12% above the second-quarter premium, due to tighter supply, Fastmarkets learned on Tuesday June 4. http://www.metalbulletin.com/Article/3877194/Aluminium-producers-set-Q3-MJP-premium-offers-up-12.htmlTue, 04 Jun 2019 18:45:00 GMTLIVE FUTURES REPORT 04/06: LME zinc price surge slows while lead climbs 2%Zinc’s three-month price on the London Metal Exchange had climbed moderately by the close of trading on Wednesday June 4, with the morning’s cancelation of more than 15,000 tonnes not enough to push the price higher than $2,500 per tonne. http://www.metalbulletin.com/Article/3877196/LIVE-FUTURES-REPORT-0406-LME-zinc-price-surge-slows-while-lead-climbs-2.htmlTue, 04 Jun 2019 18:15:00 GMTDAILY SCRAP REPORT: Public holiday keeps market quiet, prices stableThe Turkish deep-sea scrap markets remained quiet on Tuesday June 4 with participants still absent because of the week-long Eid al-Fitr public holiday, sources told Fastmarkets. http://www.metalbulletin.com/Article/3877073/DAILY-SCRAP-REPORT-Public-holiday-keeps-market-quiet-prices-stable.htmlTue, 04 Jun 2019 16:35:00 GMTChinese antimony association calls for production cuts to stem price falls China Nonferrous Metals Industry Association Antimony Branch (CAA) has held an industry meeting calling major producers to reduce output in a move that is likely to halt the price decline since the start of the year, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3877062/Chinese-antimony-association-calls-for-production-cuts-to-stem-price-falls.htmlTue, 04 Jun 2019 14:42:00 GMTIRON ORE DAILY: Prices rebound above $100/t amid futures riseIron ore prices rebounded above $100 per tonne cfr China on Tuesday June 4 after declining for several days straight.http://www.metalbulletin.com/Article/3877053/IRON-ORE-DAILY-Prices-rebound-above-100t-amid-futures-rise.htmlTue, 04 Jun 2019 12:40:00 GMTCOKING COAL DAILY: Weakness persists in seaborne market amid poor sentimentSeaborne coking coal spot prices continued to trend downward on Tuesday June 4 amid deteriorating sentiment in the market.http://www.metalbulletin.com/Article/3877012/COKING-COAL-DAILY-Weakness-persists-in-seaborne-market-amid-poor-sentiment.htmlTue, 04 Jun 2019 11:30:00 GMTCHINA HRC: Exporters lower prices amid weakening domestic marketChina’s domestic hot-rolled coil prices continued to weaken on Tuesday June 4, which led exporters to lower their offers as well.http://www.metalbulletin.com/Article/3877000/CHINA-HRC-Exporters-lower-prices-amid-weakening-domestic-market.htmlTue, 04 Jun 2019 10:55:00 GMTChina’s alumina price uptrend may end in July amid easing tightness - sourcesThe bullish run in China’s alumina price may end in July on smaller than expected alumina production cuts in Xinfa Group’s alumina refineries and easing tightness after more imported cargoes arrive, sources told Fastmarkets on Thursday May 30.http://www.metalbulletin.com/Article/3876261/Chinas-alumina-price-uptrend-may-end-in-July-amid-easing-tightness-sources.htmlTue, 04 Jun 2019 10:50:00 GMTCHINA REBAR: Prices fall amid higher selling interestChina’s rebar prices fell further on Tuesday June 4 in both the domestic and export markets amid attempts by sellers to secure orders. http://www.metalbulletin.com/Article/3876991/CHINA-REBAR-Prices-fall-amid-higher-selling-interest.htmlTue, 04 Jun 2019 10:30:00 GMTLIVE FUTURES REPORT 04/06: LME zinc price gains after 16% of total on-warrant stocks canceled The London Metal Exchange zinc prices rose in morning trading on Tuesday June 6 after 15,050 tonnes of exchange stocks were canceled. http://www.metalbulletin.com/Article/3876997/LIVE-FUTURES-REPORT-0406-LME-zinc-price-gains-after-16-of-total-on-warrant-stocks-canceled.htmlTue, 04 Jun 2019 10:02:00 GMTCapstone, Pembridge agree second deal for Minto copper mineLondon-listed Pembridge Resources will purchase Capstone Mining's Minto copper mine in a deal that could total $20 million based on future price performance, but does not guarantee any money will change hands at current levels.http://www.metalbulletin.com/Article/3876981/Capstone-Pembridge-agree-second-deal-for-Minto-copper-mine.htmlTue, 04 Jun 2019 09:58:00 GMTNEWSBREAK: South Korea's Posco, Hyundai Steel asked to idle blast furnacesSouth Korean steel majors Posco and Hyundai Steel have both been asked by provincial governments to idle their blast furnaces over pollution levels, market sources told Fastmarkets MB on Tuesday June 4.http://www.metalbulletin.com/Article/3876987/NEWSBREAK-South-Koreas-Posco-Hyundai-Steel-asked-to-idle-blast-furnaces.htmlTue, 04 Jun 2019 09:55:00 GMTMORNING VIEW: Gold shines while economic, political headwinds keep industrial metals under pressureMarkets remain nervous about the trade wars and the impact these are having on global economic growth with recent manufacturing purchasing managers’ index (PMI) data showing a combination of manufacturing contraction, stable but low growth, or slowing growth.http://www.metalbulletin.com/Article/3876979/MORNING-VIEW-Gold-shines-while-economic-political-headwinds-keep-industrial-metals-under-pressure.htmlTue, 04 Jun 2019 09:25:00 GMTGLOBAL VANADIUM WRAP: European FeV market stalls after early gains; Chinese FeV exporters raise offer pricesEuropean ferro-vanadium prices stabilized over the second half of last week amid a slowdown in the spot market following an early week surge, while Chinese ferro-vanadium exporters raised their offer prices in light of increased interest from abroad. http://www.metalbulletin.com/Article/3876739/GLOBAL-VANADIUM-WRAP-European-FeV-market-stalls-after-early-gains-Chinese-FeV-exporters-raise-offer.htmlTue, 04 Jun 2019 07:50:00 GMTGLOBAL FERRO-SILICON WRAP: Chinese prices stabilize; US market softens amid pressure from weak global pricesChinese ferro-silicon prices were flat in the week ended Friday May 31 amid sluggish spot market demand, while the US market succumbed to downward pressure in light of weaker prices in global markets.http://www.metalbulletin.com/Article/3876968/GLOBAL-FERRO-SILICON-WRAP-Chinese-prices-stabilize-US-market-softens-amid-pressure-from-weak-global.htmlTue, 04 Jun 2019 07:10:00 GMTLIVE FUTURES REPORT 04/06: Weak dollar, positive fundamentals push SHFE copper up by 0.4%Copper outperformed its peers on the Shanghai Futures Exchange with an uptick of 0.4% during morning trading on Tuesday June 4, with a sharp fall in the dollar overnight providing support to the red metal. http://www.metalbulletin.com/Article/3876972/LIVE-FUTURES-REPORT-0406-Weak-dollar-positive-fundamentals-push-SHFE-copper-up-by-04.htmlTue, 04 Jun 2019 05:00:00 GMTGlobal hot-rolled coil prices flash warning signs of recessionIt’s beginning to look a lot like a steel market downturn. Fastmarkets examines whether that trend is confined to steel - or whether the broader global economy is in trouble.http://www.metalbulletin.com/Article/3876966/Global-hot-rolled-coil-prices-flash-warning-signs-of-recession.htmlMon, 03 Jun 2019 23:13:00 GMTLIVE FUTURES REPORT 03/06: LME zinc price still sliding despite strong trading; tin price up 2%Zinc’s three-month price on the London Metal Exchange continued to move downward at the close of trading on Monday June 3, with market participants indicating a corrective price move. http://www.metalbulletin.com/Article/3876947/LIVE-FUTURES-REPORT-0306-LME-zinc-price-still-sliding-despite-strong-trading-tin-price-up-2.htmlMon, 03 Jun 2019 18:35:00 GMTCIS FLAT STEEL: Market calm ahead of holiday lull in key destinationsThe export market for hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States (CIS) was silent in the week to Monday June 3 ahead of Eid al Fitr celebrations in key destinations.http://www.metalbulletin.com/Article/3876911/CIS-FLAT-STEEL-Market-calm-ahead-of-holiday-lull-in-key-destinations.htmlMon, 03 Jun 2019 18:10:00 GMTRUSSIA REBAR: Mills bullish on uptrend in billet in late MayRebar suppliers have increased their prices for buyers in Russia’s Central federal district, the major steel-consuming region in the country, on an improvement of the export billet market in late May. http://www.metalbulletin.com/Article/3876939/RUSSIA-REBAR-Mills-bullish-on-uptrend-in-billet-in-late-May.htmlMon, 03 Jun 2019 18:10:00 GMTGLOBAL MANGANESE WRAP: Ore prices in China slide while ore stocks, SiMn prices riseThe seaborne and port prices for low-grade manganese ore weakened over the pricing week, with inventories reaching a new record high and poor demand in the week to Friday May 31.http://www.metalbulletin.com/Article/3876905/GLOBAL-MANGANESE-WRAP-Ore-prices-in-China-slide-while-ore-stocks-SiMn-prices-rise.htmlMon, 03 Jun 2019 18:08:00 GMTPRICING NOTICE: Turkey domestic ferrous scrap prices rolled over due to extended Eid holiday Fastmarkets will roll over its Turkey domestic ferrous scrap prices on Monday June 3 because the country extended the Eid al-Fitr public holiday to last the entire week of Monday June 3 to Friday June 7. http://www.metalbulletin.com/Article/3876943/PRICING-NOTICE-Turkey-domestic-ferrous-scrap-prices-rolled-over-due-to-extended-Eid-holiday.htmlMon, 03 Jun 2019 17:47:00 GMTALUMINA SNAPSHOT: Index finds support above $360/t from Chinese buying Key data from the June 3 pricing session in London and Shanghai. http://www.metalbulletin.com/Article/3876942/ALUMINA-SNAPSHOT-Index-finds-support-above-360t-from-Chinese-buying.htmlMon, 03 Jun 2019 17:27:00 GMTDAILY SCRAP REPORT: Turkish mills quiet for public holidayThe Turkish deep-sea scrap markets started the week quietly with many market participants absent for the week-long post-Ramadan public holiday of Eid al-Fitr, sources said on Monday June 3. http://www.metalbulletin.com/Article/3876912/DAILY-SCRAP-REPORT-Turkish-mills-quiet-for-public-holiday.htmlMon, 03 Jun 2019 17:20:00 GMTLead TCs sink on open arb window; zinc terms stable amid annual benchmark settlement The lead import arbitrage in China re-opened in May causing lead concentrate imports to rise and lead concentrate treatment charges (TCs) to tumble, while spot terms for zinc concentrates stabilized. http://www.metalbulletin.com/Article/3876857/Lead-TCs-sink-on-open-arb-window-zinc-terms-stable-amid-annual-benchmark-settlement.htmlMon, 03 Jun 2019 17:05:00 GMTAurubis agrees long-term copper conc supply deal with Teck ResourcesAurubis has entered into a long-term supply contract with Teck Resources to source copper concentrates over a 10-year period from the second phase of Teck’s Quebrada Blanca (QB2) open-pit project in the Tarapacá Region of Chile, Fastmarkets learned.http://www.metalbulletin.com/Article/3876907/Aurubis-agrees-long-term-copper-conc-supply-deal-with-Teck-Resources.htmlMon, 03 Jun 2019 16:48:00 GMTCIS STEEL BILLET: Prices slide while optimism fadesThe optimism in the Commonwealth of Independent States (CIS) export billet market has faded after the news of the reduction in import duty for Turkish steel into the United States in May initially supported it, which dragged prices down.http://www.metalbulletin.com/Article/3876909/CIS-STEEL-BILLET-Prices-slide-while-optimism-fades.htmlMon, 03 Jun 2019 16:20:00 GMTDuferco, Nucor team up to construct steel beam rolling mill in ItalyA 50:50 joint venture between Luxembourg-based trader/steel producer Duferco and United States steelmaker Nucor Corp has announced plans to build a €150 million steel beam rolling mill in Brescia, Northern Italy. http://www.metalbulletin.com/Article/3876830/Duferco-Nucor-team-up-to-construct-steel-beam-rolling-mill-in-Italy.htmlMon, 03 Jun 2019 15:55:00 GMTGLOBAL ANTIMONY SNAPSHOT: China, Europe prices decline with no clear bottomKey data from the pricing sessions in Asia and Europe for the week ended Friday May 31.http://www.metalbulletin.com/Article/3876799/GLOBAL-ANTIMONY-SNAPSHOT-China-Europe-prices-decline-with-no-clear-bottom.htmlMon, 03 Jun 2019 15:15:00 GMTShanghai-bonded Cu stocks drop in May on profitable arbitrage; Zn inventories rise for seventh straight month Copper stocks in Shanghai-bonded warehouses fell in May from the prior month after it became profitable to import the red metal into China amid a brief opening of the London-Shanghai import arbitrage window. http://www.metalbulletin.com/Article/3876744/Shanghai-bonded-Cu-stocks-drop-in-May-on-profitable-arbitrage-Zn-inventories-rise-for-seventh.htmlMon, 03 Jun 2019 15:00:00 GMTGLOBAL CHROME WRAP: Ore, alloy prices drop in China on lower June tendersChrome ore and alloy prices dropped in various global regions in the week ended Friday May 31, with bearish sentiment in China deteriorating further after the release of lower tender prices for June. http://www.metalbulletin.com/Article/3876797/GLOBAL-CHROME-WRAP-Ore-alloy-prices-drop-in-China-on-lower-June-tenders.htmlMon, 03 Jun 2019 14:42:00 GMTTURKEY FLAT STEEL WRAP: Prices up in May, demand improvesDemand for flat steel in Turkey improved in May especially in the export market, after the United States halved its import tariffs for Turkish steel to 25%, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3876729/TURKEY-FLAT-STEEL-WRAP-Prices-up-in-May-demand-improves.htmlMon, 03 Jun 2019 13:24:00 GMTIRON ORE DAILY: Seaborne prices drop below $100 per tonne amid futures, steel lossesSeaborne iron ore prices retreated below $100 per tonne cfr China on Monday June 3 amid declines in the futures and steel markets. http://www.metalbulletin.com/Article/3876790/IRON-ORE-DAILY-Seaborne-prices-drop-below-100-per-tonne-amid-futures-steel-losses.htmlMon, 03 Jun 2019 13:12:00 GMTGerman investor Mutares acquires two of ArcelorMittal’s French wire millsGerman turnaround investor Mutares has completed the acquisition of TrefilUnion, the French wire products subsidiary of steelmaker ArcelorMittal, it said on Monday June 3.http://www.metalbulletin.com/Article/3876764/German-investor-Mutares-acquires-two-of-ArcelorMittals-French-wire-mills.htmlMon, 03 Jun 2019 12:58:00 GMTSlab import prices in Asia fall on sluggish demand amid downstream weakness, religious holidayImport prices for steel slab in Asia fell over the past week on sluggish demand in East Asia amid declining prices in the downstream hot-rolled coil market, while trading activity slowed in parts of Southeast Asia due to holidays to mark the end of the Islamic holy month of Ramadan.http://www.metalbulletin.com/Article/3876757/Slab-import-prices-in-Asia-fall-on-sluggish-demand-amid-downstream-weakness-religious-holiday.htmlMon, 03 Jun 2019 12:40:00 GMTCOBALT MONTHLY REVIEW – MAY: Benchmark price starts retreat on slow consumer demand, profit-taking; cobalt hydroxide payables under pressureAfter briefly stabilizing at a recent high of $16.35-17.05 per lb following a rise since late March, the standard-grade cobalt benchmark price started to retreat in mid-May amid slowing consumer demand and sellers’ profit-taking.http://www.metalbulletin.com/Article/3876760/COBALT-MONTHLY-REVIEWMAY-Benchmark-price-starts-retreat-on-slow-consumer-demand-profit-taking-cobalt.htmlMon, 03 Jun 2019 12:38:00 GMTCOKING COAL DAILY: Prices for China-bound cargoes fall further amid weak demandThe seaborne coking coal market softened further on Monday June 3 after a series of cargoes were sold to China.http://www.metalbulletin.com/Article/3876761/COKING-COAL-DAILY-Prices-for-China-bound-cargoes-fall-further-amid-weak-demand.htmlMon, 03 Jun 2019 11:40:00 GMTGLOBAL SILICON SNAPSHOT: Chinese price steady on tight ore supply; European prices still hindered by slow demandKey data from the pricing sessions in Asia and Europe for the week ended Friday May 31. http://www.metalbulletin.com/Article/3876762/GLOBAL-SILICON-SNAPSHOT-Chinese-price-steady-on-tight-ore-supply-European-prices-still-hindered-by.htmlMon, 03 Jun 2019 11:34:00 GMTCHINA REBAR: Prices weaken on thinning buying interestChina’s rebar prices largely softened on Monday June 3 amid a gradual drop in demand. http://www.metalbulletin.com/Article/3876745/CHINA-REBAR-Prices-weaken-on-thinning-buying-interest.htmlMon, 03 Jun 2019 11:20:00 GMTVietnam HRC import prices fall further on weak demand, short-sellingWeak demand and short-selling by traders dampened spot prices for hot-rolled coil imports into Vietnam over the past week.http://www.metalbulletin.com/Article/3876708/Vietnam-HRC-import-prices-fall-further-on-weak-demand-short-selling.htmlMon, 03 Jun 2019 11:00:00 GMTCHINA HRC: Mills keep export prices stable despite weak demand, more competitionChina’s hot-rolled coil producers kept prices stable on Monday June 3 despite a bearish outlook in the market amid subdued demand, which weighed on the domestic sector. http://www.metalbulletin.com/Article/3876756/CHINA-HRC-Mills-keep-export-prices-stable-despite-weak-demand-more-competition.htmlMon, 03 Jun 2019 10:50:00 GMTCodelco’s El Teniente copper mine halts partially after fatal accident Chile’s state-owned copper producer Codelco has halted part of its operation at the El Teniente mine following an accident on Sunday June 2.http://www.metalbulletin.com/Article/3876753/Codelcos-El-Teniente-copper-mine-halts-partially-after-fatal-accident.htmlMon, 03 Jun 2019 10:40:00 GMTLIVE FUTURES REPORT 03/06: LME zinc price slides 2.2% amid US tariff row; nickel below $12,000/t The London Metal Exchange three-month zinc price fell by more than 2% during morning trading on Monday June 3, with fresh United States tariffs against neighboring Mexico prompting broadly risk-averse commodity investment. http://www.metalbulletin.com/Article/3876752/LIVE-FUTURES-REPORT-0306-LME-zinc-price-slides-22-amid-US-tariff-row-nickel-below-12000t.htmlMon, 03 Jun 2019 10:35:00 GMTSeaborne iron ore concentrate, pellet markets still tepidSeaborne iron ore concentrate and pellet prices continued to increase last week but trading remained fairly inactive.http://www.metalbulletin.com/Article/3876742/Seaborne-iron-ore-concentrate-pellet-markets-still-tepid.htmlMon, 03 Jun 2019 10:10:00 GMTMORNING VIEW: Metals tread water despite latest trade escalation Markets are nervous after US President Donald Trump opened up the possibility of another front in the trade wars, this time with Mexico. Today’s manufacturing purchasing managers’ index (PMI) data is likely to set the tone.http://www.metalbulletin.com/Article/3876741/MORNING-VIEW-Metals-tread-water-despite-latest-trade-escalation.htmlMon, 03 Jun 2019 09:20:00 GMTChina set for new giant steelmaker with potential Baowu-Magang mergerChina’s largest steelmaker could become even bigger this year if its merger with another mill is given the green light.http://www.metalbulletin.com/Article/3876710/China-set-for-new-giant-steelmaker-with-potential-Baowu-Magang-merger.htmlMon, 03 Jun 2019 09:15:00 GMTFOCUS: Brexit, high raw materials costs damp British Steel’s flameTroubled UK long steel producer British Steel entered compulsory liquidation on May 22. Fastmarkets examines the reasons behind the company’s recent struggles, from uncertainty about Brexit and a slump in orders, to rising costs for raw materials. http://www.metalbulletin.com/Article/3876540/FOCUS-Brexit-high-raw-materials-costs-damp-British-Steels-flame.htmlMon, 03 Jun 2019 09:06:00 GMTTurkish flat steel exports up by more than 50% year on year in AprilTurkey exported 524,633 tonnes of flat steel products in April 2019, according to the Turkish Statistical Institute (TUIK). http://www.metalbulletin.com/Article/3876717/Turkish-flat-steel-exports-up-by-more-than-50-year-on-year-in-April.htmlMon, 03 Jun 2019 09:03:00 GMTGLOBAL TUNGSTEN WRAP: European APT, ferro-tungsten prices slide amid cheaper offers from China; Chinese concentrate prices dip againAmmonium paratungstate (APT) and ferro-tungsten prices in Europe moved down in the week ended Friday May 31, while tungsten concentrate prices in China inched down for a second consecutive week.http://www.metalbulletin.com/Article/3876736/GLOBAL-TUNGSTEN-WRAP-European-APT-ferro-tungsten-prices-slide-amid-cheaper-offers-from-China-Chinese.htmlMon, 03 Jun 2019 06:00:00 GMTLIVE FUTURES REPORT 03/06: SHFE nickel slides 0.9% amid escalated trade tensions; Zn, Pb resilientBase metals prices on the Shanghai Futures Exchange were mostly down during morning trading on Monday June 3 after investors’ appetite for commodity investment was dampened by a further escalation in trade tensions. http://www.metalbulletin.com/Article/3876734/LIVE-FUTURES-REPORT-0306-SHFE-nickel-slides-09-amid-escalated-trade-tensions-Zn-Pb-resilient.htmlMon, 03 Jun 2019 04:27:00 GMTGLOBAL BILLET WRAP: Price moves vary on slow trading, lack of market supportThe global steel billet market featured mixed price movements during the week ended Friday May 31, with trading slow in most billet-consuming countries. http://www.metalbulletin.com/Article/3876635/GLOBAL-BILLET-WRAP-Price-moves-vary-on-slow-trading-lack-of-market-support.htmlMon, 03 Jun 2019 00:01:00 GMTUS PIG IRON: Prices fall as weak HRC market reduces demandThe workable price for pig iron in the United States fell in the week to Friday May 31, mainly due to reduced demand for hot-rolled coil, sources told Fastmarkets. http://www.metalbulletin.com/Article/3876638/US-PIG-IRON-Prices-fall-as-weak-HRC-market-reduces-demand.htmlFri, 31 May 2019 21:15:00 GMTFlat steel import prices fall in South America on Chinese downtrendSouth American import prices for flat-rolled steel have gone down over the past week, following downturn in China and amid sluggish demand in the region, market sources said on Friday May 31. http://www.metalbulletin.com/Article/3876688/Flat-steel-import-prices-fall-in-South-America-on-Chinese-downtrend.htmlFri, 31 May 2019 20:20:00 GMTVale expects 'no major consequence' from slope slippage at Gongo Soco mineBrazil-based miner Vale said fragments of the northern slope of the Gongo Soco mine pit slipped early on Friday May 31 but did not have any adverse effects on the nearby Sul Superior dam. http://www.metalbulletin.com/Article/3876690/Vale-expects-no-major-consequence-from-slope-slippage-at-Gongo-Soco-mine.htmlFri, 31 May 2019 20:03:00 GMTWEEKLY SCRAP WRAP: Global prices mixed on varied demand dynamicsGlobal ferrous scrap prices showed different dynamics during the working week ended Friday May 31, with Turkish import prices declining on limited buying activity and Asian import prices rising or holding their ground on steady demand. http://www.metalbulletin.com/Article/3876681/WEEKLY-SCRAP-WRAP-Global-prices-mixed-on-varied-demand-dynamics.htmlFri, 31 May 2019 19:46:00 GMTEUROPE ALLOY STEEL SCRAP: Prices stable but falls expected on low demandAlloy steel scrap prices in the UK and Europe were stable this week but decreases were expected next month because of diminishing demand, sources told Fastmarkets on Friday May 31. http://www.metalbulletin.com/Article/3876684/EUROPE-ALLOY-STEEL-SCRAP-Prices-stable-but-falls-expected-on-low-demand.htmlFri, 31 May 2019 18:00:00 GMTLIVE FUTURES REPORT 31/05: LME zinc price dips 1.3% amid spread tightness; lead-zinc switch narrowsZinc’s three-month price on the London Metal Exchange was lower at the close of trading on Friday May 31, settling just above $2,500 per tonne, while continued tightness across the metal’s forward curve deterred fresh buying.http://www.metalbulletin.com/Article/3876685/LIVE-FUTURES-REPORT-3105-LME-zinc-price-dips-13-amid-spread-tightness-lead-zinc-switch-narrows.htmlFri, 31 May 2019 18:00:00 GMTNOBLE ALLOYS MARKET REPORT 31/05: Europe APT prices surrender to weak buying, cheap offers from ChinaAn overview of the noble alloys markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3876682/NOBLE-ALLOYS-MARKET-REPORT-3105-Europe-APT-prices-surrender-to-weak-buying-cheap-offers-from-China.htmlFri, 31 May 2019 17:55:00 GMTBATTERY RAW MATERIALS MARKET REPORT 31/05: Cobalt hydroxide payables under pressure against relative strength in metalAn overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3876680/BATTERY-RAW-MATERIALS-MARKET-REPORT-3105-Cobalt-hydroxide-payables-under-pressure-against-relative.htmlFri, 31 May 2019 17:44:00 GMTMINOR METALS MARKET REPORT 31/05: Cadmium down 4.5% on cheap offers; antimony falls further An overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3876679/MINOR-METALS-MARKET-REPORT-3105-Cadmium-down-45-on-cheap-offers-antimony-falls-further.htmlFri, 31 May 2019 17:42:00 GMTEUROPE STAINLESS STEEL: Transaction prices slip on decreasing demand as lower alloy surcharges loomTransaction prices for grade-304 stainless steel sheet narrowed lower this week ahead of lower alloy surcharges officially taking effect from June 1, sources told Fastmarkets on Friday May 31. http://www.metalbulletin.com/Article/3876677/EUROPE-STAINLESS-STEEL-Transaction-prices-slip-on-decreasing-demand-as-lower-alloy-surcharges-loom.htmlFri, 31 May 2019 17:35:00 GMTIndian mills may raise domestic HRC price by $14 per tonne in June Indian mills were likely to increase their prices for hot-rolled coil (HRC) for June sales by 1,000 rupees ($14) per tonne because of a rise in input costs, Fastmarkets was told on Friday May 31. http://www.metalbulletin.com/Article/3876678/Indian-mills-may-raise-domestic-HRC-price-by-14-per-tonne-in-June.htmlFri, 31 May 2019 17:30:00 GMTCopper conc TC/RCs up on stable tender terms; smelters activeCopper concentrate treatment and refining charges (TC/RCs) went up marginally in late May from record low levels on May 24, while traders continued to take spot tonnages at similar terms and smelters became more active.http://www.metalbulletin.com/Article/3876645/Copper-conc-TCRCs-up-on-stable-tender-terms-smelters-active.htmlFri, 31 May 2019 17:25:00 GMTINDIA IMPORT SCRAP: Post-election price surge shortlived as market pausesThe price of shredded ferrous scrap imported into India was almost unchanged week on week due to market uncertainty and poor demand, sources told Fastmarkets on Friday May 31. http://www.metalbulletin.com/Article/3876647/INDIA-IMPORT-SCRAP-Post-election-price-surge-shortlived-as-market-pauses.htmlFri, 31 May 2019 17:08:00 GMTTURKEY FLAT STEEL: HRC prices mixed, local demand stable before holidaysThe price of hot-rolled coil products in Turkey adjusted over the week to Friday May 31, with local demand moderate before next week’s Eid al Fitr celebrations, sources told Fastmarkets.http://www.metalbulletin.com/Article/3876641/TURKEY-FLAT-STEEL-HRC-prices-mixed-local-demand-stable-before-holidays.htmlFri, 31 May 2019 16:50:00 GMTTURKEY COATED FLAT STEEL: Prices stable, export demand improvesCoated flat steel prices in Turkey were stable over the week ended Friday May 31, with demand improving in the export markets. http://www.metalbulletin.com/Article/3876643/TURKEY-COATED-FLAT-STEEL-Prices-stable-export-demand-improves.htmlFri, 31 May 2019 16:48:00 GMTUK SCRAP: Prices steady despite fluctuating Turkish marketPrices in the UK’s light iron market were unchanged week on week on Friday May 31 despite the uncertainty caused by a fluctuating Turkish scrap market, sources said. http://www.metalbulletin.com/Article/3876637/UK-SCRAP-Prices-steady-despite-fluctuating-Turkish-market.htmlFri, 31 May 2019 16:30:00 GMTDAILY SCRAP REPORT: Poor rebar demand in US keeps Turkish mills out of scrap marketsThe Turkish deep-sea scrap markets remained silent at the end of the week because there was no demand in the United States for Turkey-origin finished steel materials, sources said on Friday May 31. http://www.metalbulletin.com/Article/3876604/DAILY-SCRAP-REPORT-Poor-rebar-demand-in-US-keeps-Turkish-mills-out-of-scrap-markets.htmlFri, 31 May 2019 16:18:00 GMTKCM copper ops unaffected by liquidation order so far; Vedanta execs denied site visit Customers of Konkola Copper Mines (KCM) told Fastmarkets that copper deliveries for May have arrived on time and June deliveries are not expected to be affected by the Zambian government’s recent liquidation order of the 310,000 tonne per year facility. http://www.metalbulletin.com/Article/3876530/KCM-copper-ops-unaffected-by-liquidation-order-so-far-Vedanta-execs-denied-site-visit.htmlFri, 31 May 2019 16:14:00 GMTCIS STEEL BILLET: Trading activity weak amid high offersNew export offers from CIS billet producers for July-rolling material appeared to be too high for customers to accept, which resulted in a lack of trading activity this week. http://www.metalbulletin.com/Article/3876605/CIS-STEEL-BILLET-Trading-activity-weak-amid-high-offers.htmlFri, 31 May 2019 16:12:00 GMTPOLAND REBAR: Domestic prices move down on lower scrap costsDomestic rebar prices in Poland fell over the past week due to a decline in scrap prices, sources told Fastmarkets on Friday May 31. http://www.metalbulletin.com/Article/3876538/POLAND-REBAR-Domestic-prices-move-down-on-lower-scrap-costs.htmlFri, 31 May 2019 15:21:00 GMTChina’s Hebei Steel keeps SiMn purchase price unchanged for June amid rebounding spot, futures pricesHebei Steel, China’s largest steel mill, has kept its purchase price for silico-manganese unchanged at 7,600 yuan ($1,099) per tonne for June delivery, with suppliers trying to maintain higher offers amid rebounding prices in both the spot and futures markets, market sources told Fastmarkets MB.http://www.metalbulletin.com/Article/3876436/Chinas-Hebei-Steel-keeps-SiMn-purchase-price-unchanged-for-June-amid-rebounding-spot-futures-prices.htmlFri, 31 May 2019 14:39:00 GMTCHINA MINOR METALS MARKET REPORT 31/05: Selenium price slides on oversupply An overview of the Chinese minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3876527/CHINA-MINOR-METALS-MARKET-REPORT-3105-Selenium-price-slides-on-oversupply.htmlFri, 31 May 2019 14:00:00 GMTIRON ORE DAILY: Seaborne prices dip toward $100 per tonne on futures, steel declinesSeaborne iron ore prices fell further on Friday May 31 amid losses in the futures and steel markets. http://www.metalbulletin.com/Article/3876533/IRON-ORE-DAILY-Seaborne-prices-dip-toward-100-per-tonne-on-futures-steel-declines.htmlFri, 31 May 2019 13:48:00 GMTVietnam re-imposes safeguard measures on Malaysian, Kazakhstani billetSafeguard measures against billet imported into Vietnam from Malaysia and Kazakhstan will be reinstated from June 13, according to an announcement by Vietnam’s Ministry of Industry and Trade (MIT) on May 29.http://www.metalbulletin.com/Article/3876525/Vietnam-re-imposes-safeguard-measures-on-Malaysian-Kazakhstani-billet.htmlFri, 31 May 2019 13:00:00 GMTGLOBAL LITHIUM WRAP: Seaborne Asian hydroxide price softens on buyer reticence; rest of world steady The cif China, Japan and Korea battery-grade lithium hydroxide price fell by 3.3% in the week to Thursday May 30 due to buyer reluctance at current prices, while the Chinese domestic lithium market held steady, with downstream consumers buying on a hand-to-mouth basis. http://www.metalbulletin.com/Article/3876526/GLOBAL-LITHIUM-WRAP-Seaborne-Asian-hydroxide-price-softens-on-buyer-reticence-rest-of-world-steady.htmlFri, 31 May 2019 12:15:00 GMTCOKING COAL DAILY: Buyers expect prices to soften furtherSeaborne coking coal prices have ended this week lower, and expectations are rife that the market would weaken further, which prompted buyers to sit things out on Friday May 31.http://www.metalbulletin.com/Article/3876522/COKING-COAL-DAILY-Buyers-expect-prices-to-soften-further.htmlFri, 31 May 2019 12:09:00 GMTCHINA HRC: Higher output set to weigh on pricesChina’s hot-rolled coil prices dropped again on Friday May 31, with pessimism growing amid expectations of higher output over the next few days amid stagnant demand. http://www.metalbulletin.com/Article/3876450/CHINA-HRC-Higher-output-set-to-weigh-on-prices.htmlFri, 31 May 2019 11:26:00 GMTCHINA REBAR: Sentiment mixed about pre-holiday restockingChina’s rebar prices resumed its downtrend on Friday May 31 amid declining futures, though the outlook for the market over the next week remains mixed.http://www.metalbulletin.com/Article/3876443/CHINA-REBAR-Sentiment-mixed-about-pre-holiday-restocking.htmlFri, 31 May 2019 10:56:00 GMTLIVE FUTURES REPORT 31/05: LME base metals consolidate in mixed tradingBase metals prices on the London Metal Exchange were mixed during morning trading on Friday May 31, with most metals trading in narrow ranges despite a marginal downturn in the US dollar index. http://www.metalbulletin.com/Article/3876445/LIVE-FUTURES-REPORT-3105-LME-base-metals-consolidate-in-mixed-trading.htmlFri, 31 May 2019 10:30:00 GMTPRICING NOTICE: Amendment to specifications of standard-grade cobalt price assessmentFastmarkets has amended the specifications of its standard-grade cobalt price assessment to include grade-1 and grade-2 Norilsk cut cathodes within its list of accepted cobalt brands. http://www.metalbulletin.com/Article/3876330/PRICING-NOTICE-Amendment-to-specifications-of-standard-grade-cobalt-price-assessment.htmlFri, 31 May 2019 06:00:00 GMTLIVE FUTURES REPORT 31/05: SHFE base metals prices little changed following weak China data; Ni outperformsBase metals traded on the Shanghai Futures Exchange were mostly little changed during morning trading on Friday May 31, while market participants digested disappointing Chinese manufacturing data. http://www.metalbulletin.com/Article/3876434/LIVE-FUTURES-REPORT-3105-SHFE-base-metals-prices-little-changed-following-weak-China-data-Ni.htmlFri, 31 May 2019 05:39:00 GMTCIS PIG IRON: Market still uncertain on opposing moods among buyers, sellersThe market for pig iron exports from the Commonwealth of Independent States (CIS) remained uncertain in the week ended Thursday May 30, with sellers optimistic because of higher prices for steel scrap, while buyers remained pessimistic, citing weak prices for finished steel products. http://www.metalbulletin.com/Article/3876404/CIS-PIG-IRON-Market-still-uncertain-on-opposing-moods-among-buyers-sellers.htmlThu, 30 May 2019 18:22:00 GMTLIVE FUTURES REPORT 30/05: LME copper fails to recover above $5,900/t amid fresh inflowsCopper’s three-month price on the London Metal Exchange remained low at the close of trading on Thursday May 30, with its price action capped by a sizable inflow into LME-registered warehouses, while US dollar strength and trade tensions continue to hang over commodity investment. http://www.metalbulletin.com/Article/3876407/LIVE-FUTURES-REPORT-3005-LME-copper-fails-to-recover-above-5900t-amid-fresh-inflows.htmlThu, 30 May 2019 17:58:00 GMTEUROPE ALLOY STEEL SURCHARGES: Lower nickel costs drive decreases for JuneMonthly European alloy surcharges for stainless steel products will decrease for June after the price of nickel fell over 6% between April 20 and May 20, according to data published by Fastmarkets.http://www.metalbulletin.com/Article/3876362/EUROPE-ALLOY-STEEL-SURCHARGES-Lower-nickel-costs-drive-decreases-for-June.htmlThu, 30 May 2019 17:45:00 GMTWorld silico-manganese supply down 5% month on month in AprilWorld silico-manganese supply dropped 5% in April compared with March due to production cuts in all global regions, according to the International Manganese Institute (IMnI).http://www.metalbulletin.com/Article/3876332/World-silico-manganese-supply-down-5-month-on-month-in-April.htmlThu, 30 May 2019 17:30:00 GMTEGYPT STEEL BILLET, REBAR: Prices stable, several billet deals heardSteel billet prices for imports into Egypt have increased this week on higher offers, while domestic rebar prices have remained unchanged, Fastmarkets heard on Thursday May 30. http://www.metalbulletin.com/Article/3876302/EGYPT-STEEL-BILLET-REBAR-Prices-stable-several-billet-deals-heard.htmlThu, 30 May 2019 16:55:00 GMTTURKEY STEEL BILLET: Prices steady on limited demandTurkish steel billet prices remained largely unchanged over the past week with market participants generally focused on rebar sales after the US halved its import tariffs, sources said on Thursday May 30. http://www.metalbulletin.com/Article/3876398/TURKEY-STEEL-BILLET-Prices-steady-on-limited-demand.htmlThu, 30 May 2019 16:37:00 GMTDAILY SCRAP REPORT: Turkish mills pause bookings on lack of product demand in USThe Turkish deep-sea scrap market has fallen quiet again after mills failed to sell finished long steel products to the United States even though that country has now removed its extra tariff on Turkish steel, sources said on Thursday May 30. http://www.metalbulletin.com/Article/3876364/DAILY-SCRAP-REPORT-Turkish-mills-pause-bookings-on-lack-of-product-demand-in-US.htmlThu, 30 May 2019 16:30:00 GMTTURKEY LONG STEEL EXPORTS: Removal of extra import duties in US fails to revive demandSluggish demand for Turkish rebar and wire rod exports continued this week, despite the halving of import tariffs in the United States, prompting steel mills to reduce their offer prices, sources told Fastmarkets on Thursday May 30. http://www.metalbulletin.com/Article/3876359/TURKEY-LONG-STEEL-EXPORTS-Removal-of-extra-import-duties-in-US-fails-to-revive-demand.htmlThu, 30 May 2019 16:04:00 GMTIranian producers target higher prices for July-rolling steel billet, customers cautiousIranian billet producers increased their offers for July-rolling billet this week, in a move to test the market after successful sales to Asia last week and to benefit from price increases in the global market. http://www.metalbulletin.com/Article/3876260/Iranian-producers-target-higher-prices-for-July-rolling-steel-billet-customers-cautious.htmlThu, 30 May 2019 15:23:00 GMTFOCUS: Five factors driving the antimony price decline Antimony prices in both Chinese and European markets have dropped significantly so far this year due to weak demand and bearish sentiment caused by factors led by rising trade tension between China and the United States, the world’s two largest economies. http://www.metalbulletin.com/Article/3875402/FOCUS-Five-factors-driving-the-antimony-price-decline.htmlThu, 30 May 2019 14:52:00 GMTCobalt sellers cut offers to secure larger-volume consumer business Cobalt prices fell in the first half of the week after slow consumer demand and strong discounts on long-term contracts incited aggressive offers from sellers. http://www.metalbulletin.com/Article/3876262/Cobalt-sellers-cut-offers-to-secure-larger-volume-consumer-business.htmlThu, 30 May 2019 14:48:00 GMTIRON ORE DAILY: Seaborne prices retreat amid concerns for Chinese mill marginsSeaborne iron ore prices dipped on Thursday May 30 following losses in the futures and steel markets, and amid concerns over narrower profit margins at Chinese steelmakers. http://www.metalbulletin.com/Article/3876279/IRON-ORE-DAILY-Seaborne-prices-retreat-amid-concerns-for-Chinese-mill-margins.htmlThu, 30 May 2019 12:32:00 GMTCOKING COAL DAILY: Seaborne offers fall further but buyers still mostly on sidelinesThe seaborne coking coal spot market softened further on Thursday May 30, with offers falling even lower.http://www.metalbulletin.com/Article/3876259/COKING-COAL-DAILY-Seaborne-offers-fall-further-but-buyers-still-mostly-on-sidelines.htmlThu, 30 May 2019 11:50:00 GMTTsingshan plans new stainless steel mill in South Korea to circumvent HRC anti-dumpingChinese stainless-steel producer Tsingshan Holding Group plans to set-up a cold-rolling mill with an annual capacity of 600,000 tonnes per year in Busan, South Korea, and has submitted letters of intent to the city government and potential business partners, Chinese market sources told Fastmarkets.http://www.metalbulletin.com/Article/3876258/Tsingshan-plans-new-stainless-steel-mill-in-South-Korea-to-circumvent-HRC-anti-dumping.htmlThu, 30 May 2019 11:50:00 GMTCHINA HRC: High inventories expected to weigh further on pricesChina’s domestic prices for hot-rolled coil softened further on Thursday May 30 amid limited trading activity, with high inventory levels leaving market sources expecting further drops.http://www.metalbulletin.com/Article/3876252/CHINA-HRC-High-inventories-expected-to-weigh-further-on-prices.htmlThu, 30 May 2019 11:22:00 GMTPEOPLE MOVES: Dafydd Davies joins TradeCloud as marketing executiveDafydd Davies has joined TradeCloud as marketing executive to expand its presence in Europe and the Americas, the company said on Wednesday May 29.http://www.metalbulletin.com/Article/3876243/PEOPLE-MOVES-Dafydd-Davies-joins-TradeCloud-as-marketing-executive.htmlThu, 30 May 2019 10:54:00 GMTCHINA REBAR: Stable domestic demand cuts mills' need for exportsChina’s rebar prices were unchanged on Thursday May 30 despite declining futures, with the stability cutting mills’ need to look to the export market.http://www.metalbulletin.com/Article/3876254/CHINA-REBAR-Stable-domestic-demand-cuts-mills-need-for-exports.htmlThu, 30 May 2019 10:51:00 GMTChina’s APT exports up 29% m-o-m in April following VAT cutChina exported 524 tonnes of ammonium paratungstate (APT) in April 2019, an increase of 28.7% from the 407 tonnes shipped in the prior month, according to official, but unconfirmed, data seen by Fastmarkets MB.http://www.metalbulletin.com/Article/3876250/Chinas-APT-exports-up-29-m-o-m-in-April-following-VAT-cut.htmlThu, 30 May 2019 10:37:00 GMTLIVE FUTURES REPORT 30/05: LME copper price hits eight-month low on 29kt inflow The three-month copper price on the London Metal Exchange continued to edge lower during morning trading on Thursday May 30, reaching its lowest level since September 2018 after more than 29,000 tonnes was delivered into LME-registered warehouses across Asia and Europe. http://www.metalbulletin.com/Article/3876256/LIVE-FUTURES-REPORT-3005-LME-copper-price-hits-eight-month-low-on-29kt-inflow.htmlThu, 30 May 2019 10:12:00 GMTCHINA COBALT SNAPSHOT: Thin demand dampens Chinese cobalt salts market Key data from the Wednesday May 29 pricing session in Shanghai. http://www.metalbulletin.com/Article/3876247/CHINA-COBALT-SNAPSHOT-Thin-demand-dampens-Chinese-cobalt-salts-market.htmlThu, 30 May 2019 09:50:00 GMTOUTLOOK: Cost eats into Chinese long steel producers' margins but price cuts unlikelySurging iron ore prices have narrowed steelmaking margins in China, though the country’s long steel producers are unlikely to lower their prices anytime soon to stimulate sales, sources told Fastmarkets MB this week.http://www.metalbulletin.com/Article/3876246/OUTLOOK-Cost-eats-into-Chinese-long-steel-producers-margins-but-price-cuts-unlikely.htmlThu, 30 May 2019 08:55:00 GMTMORNING VIEW: Trade tensions weigh on sentiment but LME base metals prices consolidate after Wednesday’s lossesMarket focus is on escalating trade tensions this morning, Thursday May 30, with participants concerned about what the United States might do if China cuts exports of rare earth minerals to the former.http://www.metalbulletin.com/Article/3876251/MORNING-VIEW-Trade-tensions-weigh-on-sentiment-but-LME-base-metals-prices-consolidate-after.htmlThu, 30 May 2019 08:30:00 GMTLIVE FUTURES REPORT 30/05: SHFE base metals prices drift lower; Zn, Pb buck trendBase metals prices on the Shanghai Futures Exchange were broadly down during morning trading on Thursday May 30, with investors’ appetite for risk damped by increasing US-China trade tensions following media reports that China may restrict its rare earths exports to the United States.http://www.metalbulletin.com/Article/3876245/LIVE-FUTURES-REPORT-3005-SHFE-base-metals-prices-drift-lower-Zn-Pb-buck-trend.htmlThu, 30 May 2019 05:53:00 GMTChina’s antimony ore, concentrate imports surge in April on supply concernsChina imported 7,938 tonnes of antimony ore and concentrate in April, marking year-on-year and month-on-month increases of 96% and 134% respectively, according to official, but unconfirmed, data seen by Fastmarkets MB.http://www.metalbulletin.com/Article/3876238/Chinas-antimony-ore-concentrate-imports-surge-in-April-on-supply-concerns.htmlThu, 30 May 2019 04:48:00 GMTFOCUS: Umicore’s moves to secure battery materials chain reassure oversupplied cobalt marketOpportunities to lock in long-term sales of cobalt hydroxide – and diversify a customer base outside of China in the process – are too appealing to pass by in a market still feeling the effects of a ramp-up in intermediates supply. http://www.metalbulletin.com/Article/3876227/FOCUS-Umicores-moves-to-secure-battery-materials-chain-reassure-oversupplied-cobalt-market.htmlThu, 30 May 2019 03:55:00 GMTNOBLE ALLOYS MARKET REPORT 29/05: Ferro-vanadium prices continue rally, rise 4.6%An overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3876218/NOBLE-ALLOYS-MARKET-REPORT-2905-Ferro-vanadium-prices-continue-rally-rise-46.htmlWed, 29 May 2019 19:30:00 GMTEUROPE HRC: Domestic prices stable as buyers resist risesDomestic prices for hot-rolled coil (HRC) in the EU have been stable over the past week while steelmakers sought higher prices and buyers resisted any rises, market sources told Fastmarkets on Wednesday May 29. http://www.metalbulletin.com/Article/3876214/EUROPE-HRC-Domestic-prices-stable-as-buyers-resist-rises.htmlWed, 29 May 2019 18:18:00 GMTLIVE FUTURES REPORT 29/05: LME tin falls 2% amid 955t inflow; forward spreads weakenThe three-month tin price on the London Metal Exchange decreased by more than 2% at the close of trading on Wednesday May 29, with volumes traded reaching their highest level since 2017 while spread tightness in the metal’s forward curve began to ease.http://www.metalbulletin.com/Article/3876215/LIVE-FUTURES-REPORT-2905-LME-tin-falls-2-amid-955t-inflow-forward-spreads-weaken.htmlWed, 29 May 2019 17:58:00 GMTMINOR METALS MARKET REPORT 29/05: Antimony maintains downtrend; indium suppliers cut offers on thin demandAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3876207/MINOR-METALS-MARKET-REPORT-2905-Antimony-maintains-downtrend-indium-suppliers-cut-offers-on-thin.htmlWed, 29 May 2019 17:50:00 GMTEUROPE SECTIONS: Prices steady as holiday stalls activity in Northern EuropePrices for hollow steel sections in Northern Europe were stable this week with market activity restricted by the Ascension Day holiday in many northwest European countries. http://www.metalbulletin.com/Article/3876209/EUROPE-SECTIONS-Prices-steady-as-holiday-stalls-activity-in-Northern-Europe.htmlWed, 29 May 2019 17:35:00 GMTChina quickens pace to issue ferrous, non-ferrous scrap import licenses by late June The Chinese government has started inspections ahead of issuing ferrous and non-ferrous metal scrap import licenses for the second half of 2019 to avoid a potential month-long disruption of all scrap imports, the country’s Ministry of Ecology and Environment (MEE) said on Wednesday May 29. http://www.metalbulletin.com/Article/3876202/China-quickens-pace-to-issue-ferrous-non-ferrous-scrap-import-licenses-by-late-June.htmlWed, 29 May 2019 17:28:00 GMTTITANIUM SNAPSHOT: Profit-taking cuts alloy market, scrap downKey data from the Wednesday May 29 pricing session in Europe.http://www.metalbulletin.com/Article/3876169/TITANIUM-SNAPSHOT-Profit-taking-cuts-alloy-market-scrap-down.htmlWed, 29 May 2019 17:20:00 GMTDAILY SCRAP REPORT: Prices down on oversupply, slow US rebar demandTurkish deep-sea scrap import prices made a downward correction on increased supply after the recent buying spree by the country’s steel mills, sources said on Wednesday May 29. http://www.metalbulletin.com/Article/3876070/DAILY-SCRAP-REPORT-Prices-down-on-oversupply-slow-US-rebar-demand.htmlWed, 29 May 2019 17:12:00 GMTBASE METALS WARRANT REPORT 29/05A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 29. http://www.metalbulletin.com/Article/3876076/BASE-METALS-WARRANT-REPORT-2905.htmlWed, 29 May 2019 17:00:00 GMTSOUTHERN EUROPE REBAR: Domestic prices widen downward as demand stays softThe price for rebar produced and delivered in Southern Europe widened downward by €5 ($6) per tonne on Wednesday May 29 amid continuing weak demand, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3876074/SOUTHERN-EUROPE-REBAR-Domestic-prices-widen-downward-as-demand-stays-soft.htmlWed, 29 May 2019 16:42:00 GMTGLOBAL NICKEL WRAP: Closed import window, holiday lull keep premiums flat across the board Chinese nickel premiums remained at a 14-month high in the week ended Tuesday May 28, while holidays in the United Kingdom and United States further slowed spot trading. http://www.metalbulletin.com/Article/3876077/GLOBAL-NICKEL-WRAP-Closed-import-window-holiday-lull-keep-premiums-flat-across-the-board.htmlWed, 29 May 2019 16:38:00 GMTEUROPE WIRE ROD: Prices stable; gradual recovery expectedPrices for mesh-quality wire rod in Europe have remained stable over the past week, although market participants expected a gradual price recovery after recent falls, sources told Fastmarkets on Wednesday May 29. http://www.metalbulletin.com/Article/3876072/EUROPE-WIRE-ROD-Prices-stable-gradual-recovery-expected.htmlWed, 29 May 2019 16:20:00 GMTEUROPE BEAMS: Prices stable amid Northern Europe public holiday Steel h-beam prices in Northern Europe were assessed stable this week with market activity and feedback limited because of the Ascension Day public holiday in many northwest European countries.http://www.metalbulletin.com/Article/3876069/EUROPE-BEAMS-Prices-stable-amid-Northern-Europe-public-holiday.htmlWed, 29 May 2019 16:15:00 GMTIRON ORE DAILY: Prices resilient, active trading in 65% Fe derivativeIron ore prices rose then fell back again on Wednesday May 29, while the 65% Fe derivative traded actively. http://www.metalbulletin.com/Article/3876004/IRON-ORE-DAILY-Prices-resilient-active-trading-in-65-Fe-derivative.htmlWed, 29 May 2019 15:48:00 GMTNORTHERN EUROPE REBAR: Prices fall as mills lower offers on weak demand The price of rebar produced and delivered in Northern Europe fell by €10-20 per tonne week on week after domestic mills lowered offers amid weak demand and import competition, market participants told Fastmarkets on Wednesday May 29. http://www.metalbulletin.com/Article/3876068/NORTHERN-EUROPE-REBAR-Prices-fall-as-mills-lower-offers-on-weak-demand.htmlWed, 29 May 2019 15:45:00 GMTTurkey’s Erdemir to receive 2 blast furnaces from Paul WurthEquipment maker Paul Wurth will supply two new blast furnaces to Turkish Erdemir Group’s plant located in Eregli, northern Turkey, and Isdemir plant located in Iskenderun, southern Turkey, Paul Wurth said last week.http://www.metalbulletin.com/Article/3876066/Turkeys-Erdemir-to-receive-2-blast-furnaces-from-Paul-Wurth.htmlWed, 29 May 2019 15:40:00 GMTGLOBAL ZINC & LEAD WRAP: European zinc premiums at record low on historic backwardationEuropean zinc premiums were at new record low levels in the week ended Tuesday May 28, while US premiums fell for the first time since February and a historic backwardation level in spreads led to a spike in financing costs and a drop in spot trading interest. http://www.metalbulletin.com/Article/3875898/GLOBAL-ZINC-and-LEAD-WRAP-European-zinc-premiums-at-record-low-on-historic-backwardation.htmlWed, 29 May 2019 14:09:00 GMTSluggish demand weighs on East Asian stainless steel pricesImport prices for stainless steel in East Asia narrowed over the week to Wednesday May 29 after some producers raised their asking prices following the uptick in the London Metal Exchange nickel price although demand in the region remained weak.http://www.metalbulletin.com/Article/3875992/Sluggish-demand-weighs-on-East-Asian-stainless-steel-prices.htmlWed, 29 May 2019 13:15:00 GMTWhere is the lithium market ahead of the 11th Lithium Supply & Markets conference?Fastmarkets looks at recent developments in the lithium industry and key topics likely up for discussion at the 11th Lithium Supply & Markets conference in Santiago, Chile, on June 10-12.http://www.metalbulletin.com/Article/3875995/Where-is-the-lithium-market-ahead-of-the-11th-Lithium-Supply-and-Markets-conference.htmlWed, 29 May 2019 11:55:00 GMTChina's satellite copper smelters, processers thrive abroad after scrap import restrictions [UPDATED]Cambodia’s Sihanoukville Special Economic Zone is over a thousand miles from China, but you would not know it to be there.http://www.metalbulletin.com/Article/3875654/Chinas-satellite-copper-smelters-processers-thrive-abroad-after-scrap-import-restrictions-[UPDATED].htmlWed, 29 May 2019 11:52:00 GMTCOKING COAL DAILY: Seaborne prices soften amid waning interestOffers for seaborne coking coal cargoes retreated on Wednesday May 29 amid a weakening of demand in the market.http://www.metalbulletin.com/Article/3875985/COKING-COAL-DAILY-Seaborne-prices-soften-amid-waning-interest.htmlWed, 29 May 2019 11:30:00 GMTUmicore, Glencore reach cobalt hydroxide long-term revolving agreement Switzerland-headquartered miner-trader Glencore has reached a long-term revolving agreement to supply Belgian battery-materials manufacturer Umicore AS with cobalt hydroxide, Glencore said on Wednesday May 29. http://www.metalbulletin.com/Article/3875966/Umicore-Glencore-reach-cobalt-hydroxide-long-term-revolving-agreement.htmlWed, 29 May 2019 10:56:00 GMTGLOBAL TIN WRAP: US premiums slide; Europe, China premiums staticThe tin premium in United States fell further in the week to Tuesday May 28, with headwinds arising from the supply surplus, while premiums held steady in Europe and China amid illiquid markets.http://www.metalbulletin.com/Article/3875955/GLOBAL-TIN-WRAP-US-premiums-slide-Europe-China-premiums-static.htmlWed, 29 May 2019 10:55:00 GMTCHINA REBAR: Prices drop amid flagging buying interestChina’s domestic and export prices for rebar moved down on Wednesday May 29 on weakening demand and losses in the billet and futures markets. http://www.metalbulletin.com/Article/3875960/CHINA-REBAR-Prices-drop-amid-flagging-buying-interest.htmlWed, 29 May 2019 10:50:00 GMTLIVE FUTURES REPORT 29/05: LME tin price slides 2.5% on renewed trade tension; rest of complex follows The lack of decisive action in US-Sino trade talks and whispers of retaliatory tariffs between the two countries weigh heavily on the base metals complex during morning trading on Wednesday May 29. http://www.metalbulletin.com/Article/3875963/LIVE-FUTURES-REPORT-2905-LME-tin-price-slides-25-on-renewed-trade-tension-rest-of-complex-follows.htmlWed, 29 May 2019 10:25:00 GMTGLOBAL COPPER WRAP: Premiums in China tick up on more favorable arbitrage; German market softensCopper premiums in Shanghai rose in the week ended Tuesday May 28, with a more favorable import arbitrage between London and Shanghai and limited availability of solvent extraction-electrowinning (SX-EW) cathode providing support.http://www.metalbulletin.com/Article/3875957/GLOBAL-COPPER-WRAP-Premiums-in-China-tick-up-on-more-favorable-arbitrage-German-market-softens.htmlWed, 29 May 2019 09:52:00 GMTCHINA HRC: Domestic prices slide on high production, weak demandChina’s domestic hot-rolled coil market came under pressure from high production rates coupled with weakening demand on Wednesday May 29, resulting in prices falling.http://www.metalbulletin.com/Article/3875958/CHINA-HRC-Domestic-prices-slide-on-high-production-weak-demand.htmlWed, 29 May 2019 09:44:00 GMTMORNING VIEW: Economic, trade worries dominate while metals’ fundamentals tighten in backgroundMarkets remain jittery while US-China trade war rhetoric escalates with the latter raising the possibility of including rare earth minerals in their trade negotiations. Equity markets have sold off and bond yields have fallen as investors move into havens.http://www.metalbulletin.com/Article/3875956/MORNING-VIEW-Economic-trade-worries-dominate-while-metals-fundamentals-tighten-in-background.htmlWed, 29 May 2019 08:30:00 GMTGLOBAL ALUMINIUM WRAP: Rotterdam premiums move higher; MJP spot market quiet ahead of Q3 negotiationsWide contangoes in London Metal Exchange spreads continued to support aluminium premiums worldwide in the week ended Tuesday May 28, but premiums in Brazil bucked the trend.http://www.metalbulletin.com/Article/3875894/GLOBAL-ALUMINIUM-WRAP-Rotterdam-premiums-move-higher-MJP-spot-market-quiet-ahead-of-Q3-negotiations.htmlWed, 29 May 2019 05:55:00 GMTLIVE FUTURES REPORT 29/05: Rebounding dollar pressures SHFE base metals prices; nickel drops 1.7%Base metals prices on the Shanghai Futures Exchange were down across the board during morning trading on Wednesday May 29, with a rebound in the US dollar and US-China trade tensions weighing on investor appetite.http://www.metalbulletin.com/Article/3875952/LIVE-FUTURES-REPORT-2905-Rebounding-dollar-pressures-SHFE-base-metals-prices-nickel-drops-17.htmlWed, 29 May 2019 05:03:00 GMTGLOBAL MANGANESE WRAP: Ore prices hit by high inventories, weak Chinese yuanManganese ore prices have been sliding for seven consecutive weeks and fell to 18-month lows over the past week amid buyer caution in China. http://www.metalbulletin.com/Article/3875727/GLOBAL-MANGANESE-WRAP-Ore-prices-hit-by-high-inventories-weak-Chinese-yuan.htmlTue, 28 May 2019 19:11:00 GMTCIS FLAT STEEL: Prices improve on rising market sentimentExport prices for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States (CIS) went up in the week ended Tuesday May 28 on improved market sentiment. http://www.metalbulletin.com/Article/3875899/CIS-FLAT-STEEL-Prices-improve-on-rising-market-sentiment.htmlTue, 28 May 2019 18:53:00 GMTDAILY SCRAP REPORT: Prices up again as Turkish mills book more scrap for JuneThe Turkish steel mills have continued to book deep-sea scrap for June now that the United States has removed the extra import tariff for the country, sources said on Tuesday May 28. http://www.metalbulletin.com/Article/3875787/DAILY-SCRAP-REPORT-Prices-up-again-as-Turkish-mills-book-more-scrap-for-June.htmlTue, 28 May 2019 18:32:00 GMTLower sales prices drag Metinvest’s Q1 revenues downwardRevenues at Ukrainian steelmaker Metinvest were down in January-March 2019 mainly due to lower sales prices in the metallurgical sector, the company said on Friday May 24. http://www.metalbulletin.com/Article/3875695/Lower-sales-prices-drag-Metinvests-Q1-revenues-downward.htmlTue, 28 May 2019 17:50:00 GMTLIVE FUTURES REPORT 28/05: Nickel falls 1.9% on strong dollar while short-covering ebbsThe London Metal Exchange three-month nickel price continued its decline to fall 1.9% since the close on Friday May 24 to end the afternoon kerb at $12,120 per tonne on Tuesday May 28. http://www.metalbulletin.com/Article/3875896/LIVE-FUTURES-REPORT-2805-Nickel-falls-19-on-strong-dollar-while-short-covering-ebbs.htmlTue, 28 May 2019 17:32:00 GMTCIS LONG STEEL: Fresh deals send prices upCIS export rebar and wire rod prices increased at the end of May, supported by fresh bookings at higher levels, sources told Fastmarkets on Tuesday May 28. http://www.metalbulletin.com/Article/3875788/CIS-LONG-STEEL-Fresh-deals-send-prices-up.htmlTue, 28 May 2019 17:25:00 GMTGULF FLAT STEEL IMPORTS: Prices stable, weak demand continuesPrices for flat steel products imported into the United Arab Emirates and Saudi Arabia have remained stable over the past week due to limited demand amid the observance of the Islamic holy month of Ramadan, sources told Fastmarkets on Tuesday May 28.http://www.metalbulletin.com/Article/3875797/GULF-FLAT-STEEL-IMPORTS-Prices-stable-weak-demand-continues.htmlTue, 28 May 2019 17:20:00 GMTPotential buyers approached to bid for troubled British Steel, UK Insolvency Service saysThe UK’s Insolvency Service has made contact “with more than 80 potential trade purchasers” interested in buying troubled UK long steel producer British Steel, it said on Tuesday May 28. http://www.metalbulletin.com/Article/3875863/Potential-buyers-approached-to-bid-for-troubled-British-Steel-UK-Insolvency-Service-says.htmlTue, 28 May 2019 17:12:00 GMTGULF STEEL BILLET, REBAR: Prices fall on reduced demand during RamadanPrices for steel billet and rebar in the United Arab Emirates dropped over the past seven days, while demand for both remained weak, sources told Fastmarkets on Tuesday May 28. http://www.metalbulletin.com/Article/3875798/GULF-STEEL-BILLET-REBAR-Prices-fall-on-reduced-demand-during-Ramadan.htmlTue, 28 May 2019 16:56:00 GMTPRICING NOTICE: Correction to UAE domestic rebar price Fastmarkets MB has corrected its weekly price assessment for steel rebar bought and sold in the United Arab Emirates (UAE), which was published incorrectly on Tuesday May 28. http://www.metalbulletin.com/Article/3875796/PRICING-NOTICE-Correction-to-UAE-domestic-rebar-price.htmlTue, 28 May 2019 16:39:00 GMTPRICING NOTICE: Correction to CIS export rebar price Fastmarkets MB has corrected its weekly price assessment for steel rebar exported from the Commonwealth of Independent States (CIS) via the Black Sea, which was published incorrectly on Tuesday May 28 due to a reporter error. http://www.metalbulletin.com/Article/3875795/PRICING-NOTICE-Correction-to-CIS-export-rebar-price.htmlTue, 28 May 2019 16:30:00 GMTTURKEY FERROUS SCRAP: Uptick in import costs raises ship scrap priceTurkish domestic ship scrap prices have inched up over the past week, while auto bundle scrap prices have remained largely stable, sources said on Tuesday May 28. http://www.metalbulletin.com/Article/3875755/TURKEY-FERROUS-SCRAP-Uptick-in-import-costs-raises-ship-scrap-price.htmlTue, 28 May 2019 16:25:00 GMTRecylex gets debt reprieve for German subsidiaries; EU rules Recylex must pay collusion fineEuropean lead and zinc smelter Recylex has again been granted a reprieve from debtors regarding repayments of loans its German subgroup took out to finance asset investment, but will also be on the hook for a €26.7 million ($29.9 million) fine from the European Union, the company said on May 24.http://www.metalbulletin.com/Article/3875749/Recylex-gets-debt-reprieve-for-German-subsidiaries-EU-rules-Recylex-must-pay-collusion-fine.htmlTue, 28 May 2019 16:10:00 GMTChina’s CRC, HDG export prices fall on weak downstream demandExport prices for China-origin cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) declined during the week to Tuesday May 28 because of weak buying interest and thin trading activity, Fastmarkets has heard. http://www.metalbulletin.com/Article/3875724/Chinas-CRC-HDG-export-prices-fall-on-weak-downstream-demand.htmlTue, 28 May 2019 14:55:00 GMTPRICING NOTICE: Proposal to change publication day of NPI, laterite ore, nickel sulfate prices Fastmarkets proposes to move the weekly publication day of five price assessments - two nickel pig iron (NPI) prices, two laterite nickel ore prices and one nickel sulfate price - from Tuesday to Friday.http://www.metalbulletin.com/Article/3875668/PRICING-NOTICE-Proposal-to-change-publication-day-of-NPI-laterite-ore-nickel-sulfate-prices.htmlTue, 28 May 2019 14:08:00 GMTAuroch acquires Minotaur nickel ore deposits for $1.03 millionAuroch Minerals has signed a binding agreement with fellow Australian miner Minotaur Exploration to acquire its Western Australian Saints and Leinster nickel sulfide deposits for A$1.5 million ($1.03 million), Fastmarkets learned on Tuesday May 28.http://www.metalbulletin.com/Article/3875732/Auroch-acquires-Minotaur-nickel-ore-deposits-for-103-million.htmlTue, 28 May 2019 13:20:00 GMTSurge in chrome ore imports in April weighs on price; FeCr imports up on supply concerns China imported 1.63 million tonnes of chrome ore and concentrates in April, up by 80.5% month on month and 26.6% year on year, according to official but unconfirmed data seen by Fastmarkets. http://www.metalbulletin.com/Article/3875671/Surge-in-chrome-ore-imports-in-April-weighs-on-price-FeCr-imports-up-on-supply-concerns.htmlTue, 28 May 2019 13:11:00 GMTIRON ORE DAILY: Prices correct as market cools downSeaborne iron ore prices corrected down on Tuesday May 28 after Monday's surge, amid a retreat in futures and steel prices. http://www.metalbulletin.com/Article/3875730/IRON-ORE-DAILY-Prices-correct-as-market-cools-down.htmlTue, 28 May 2019 12:56:00 GMTChinese manganese ore imports fall over 15% on declining shipments from GhanaManganese ore shipments into China in April fell slightly over 15% month on month amid a significant drop in imports from Ghana, Fastmarkets learned.http://www.metalbulletin.com/Article/3875669/Chinese-manganese-ore-imports-fall-over-15-on-declining-shipments-from-Ghana.htmlTue, 28 May 2019 12:40:00 GMTCOKING COAL DAILY: Supply outpacing demand outside ChinaThe seaborne coking coal market showed some signs of weakness on Tuesday May 28, with supply outpacing demand in the fob Australia premium segment, even though prices for China-bound cargoes appeared to hold up.http://www.metalbulletin.com/Article/3875725/COKING-COAL-DAILY-Supply-outpacing-demand-outside-China.htmlTue, 28 May 2019 11:42:00 GMTChinese stainless steel mills cut June FeCr tender prices by $51 on ample supplyChina’s leading stainless steel mills - Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - have announced month-on-month decreases of 350 yuan ($51) per tonne in their June tender prices for high-carbon ferro-chrome.http://www.metalbulletin.com/Article/3875720/Chinese-stainless-steel-mills-cut-June-FeCr-tender-prices-by-51-on-ample-supply.htmlTue, 28 May 2019 11:37:00 GMTCHINA HRC: Mills lower export offers to stimulate tradingChinese mills lowered their export offers for hot-rolled coil on Tuesday May 28 to generate interest after a recent lack of activity in the market, both at home and abroad.http://www.metalbulletin.com/Article/3875718/CHINA-HRC-Mills-lower-export-offers-to-stimulate-trading.htmlTue, 28 May 2019 11:10:00 GMTPRICING NOTICE: Delayed publication of Chinese manganese, chrome ore port inventories The publication of manganese ore and chrome ore inventory assessments at main Chinese ports were delayed due to public holidays. http://www.metalbulletin.com/Article/3875698/PRICING-NOTICE-Delayed-publication-of-Chinese-manganese-chrome-ore-port-inventories.htmlTue, 28 May 2019 11:05:00 GMTCHINA REBAR: Prices steady amid subdued futuresChina’s rebar prices were largely flat on Tuesday May 28 in both the domestic and export markets amid the mild movements of the long steel product’s futures contract. http://www.metalbulletin.com/Article/3875710/CHINA-REBAR-Prices-steady-amid-subdued-futures.htmlTue, 28 May 2019 10:53:00 GMTChinese flake graphite imports surge y-o-y in April; competitive Mozambique materials erode export market share China imported 14,259 tonnes of flake graphite in April, up 156% year on year, while exports fell due to cheaper available stocks from Mozambique, according to official but unconfirmed data seen by Fastmarkets. http://www.metalbulletin.com/Article/3875703/Chinese-flake-graphite-imports-surge-y-o-y-in-April-competitive-Mozambique-materials-erode-export.htmlTue, 28 May 2019 10:52:00 GMTGLOBAL CHROME WRAP: Ore prices fall amid thin buying interest ahead of June tender releasePrevailing bearish sentiment prior to the release of June ferro-chrome tender prices by major Chinese stainless steel mills continued to weigh on chrome ore prices in the week ended Friday May 24, while alloy prices in China, Europe and the United States were stable. http://www.metalbulletin.com/Article/3875699/GLOBAL-CHROME-WRAP-Ore-prices-fall-amid-thin-buying-interest-ahead-of-June-tender-release.htmlTue, 28 May 2019 10:38:00 GMTLIVE FUTURES REPORT 28/05: LME nickel price slides 1.2% in lackluster trading; zinc bucks downtrendThe three-month nickel price on the London Metal Exchange dropped by 1.2% during morning trading on Tuesday May 28, capped by thin buying interest across Asian trading hours while US-China trade tensions continued to hang over commodity markets. http://www.metalbulletin.com/Article/3875716/LIVE-FUTURES-REPORT-2805-LME-nickel-price-slides-12-in-lackluster-trading-zinc-bucks-downtrend.htmlTue, 28 May 2019 10:27:00 GMTMORNING VIEW: LME base metals prices mixed while markets await developmentsMarkets are in semi-limbo while they wait for developments on US-China trade and Chinese stimulus; the release of Chinese purchasing managers’ index (PMI) data on Friday May 31, if poor, may well prompt more stimulus.http://www.metalbulletin.com/Article/3875705/MORNING-VIEW-LME-base-metals-prices-mixed-while-markets-await-developments.htmlTue, 28 May 2019 08:40:00 GMTGLOBAL VANADIUM WRAP: European vanadium market records first price gains in 15 weeksThe European vanadium market rebounded for the first time in 15 weeks after a late-week surge in buying interest, while Chinese exporters and US suppliers cut their offer prices amid sluggish demand. http://www.metalbulletin.com/Article/3875700/GLOBAL-VANADIUM-WRAP-European-vanadium-market-records-first-price-gains-in-15-weeks.htmlTue, 28 May 2019 08:08:00 GMTLIVE FUTURES REPORT 28/05: SHFE zinc price climbs 1.7%; others mixedBase metals prices on the Shanghai Futures Exchange were split into two camps during morning trading on Tuesday May 28, with a stronger dollar and comments from US President Donald Trump suggesting the US was “not ready” to make a trade deal with China pressuring the complex.http://www.metalbulletin.com/Article/3875701/LIVE-FUTURES-REPORT-2805-SHFE-zinc-price-climbs-17-others-mixed.htmlTue, 28 May 2019 06:40:00 GMTCobalt metal prices edge lower in quiet spot marketBenchmark cobalt prices edged lower again at the end of last week after some sellers cut their offers to secure larger tonnage inquiries after an early start to the quieter summer period. http://www.metalbulletin.com/Article/3875697/Cobalt-metal-prices-edge-lower-in-quiet-spot-market.htmlTue, 28 May 2019 04:27:00 GMTWorkers at Codelco's Chuquicamata mine could go on strike, unions sayWorkers at Codelco’s Chuquicamata operation will vote this week on a proposed strike after rejecting the Chilean miner’s final wage and bonus offer, three trade unions representing the workers said on Saturday May 25.http://www.metalbulletin.com/Article/3875696/Workers-at-Codelcos-Chuquicamata-mine-could-go-on-strike-unions-say.htmlTue, 28 May 2019 04:15:00 GMTIRON ORE DAILY: Prices surge toward $110 per tonne on bullish futuresPhysical iron ore prices soared further on Monday May 27 on big gains in the futures and swaps markets.http://www.metalbulletin.com/Article/3875691/IRON-ORE-DAILY-Prices-surge-toward-110-per-tonne-on-bullish-futures.htmlMon, 27 May 2019 12:43:00 GMTGLOBAL FERRO-SILICON WRAP: Chinese prices stabilize amid renewed demand; European market flat againThe recent downtrend in Chinese domestic ferro-silicon prices came to a halt in the week ended Friday May 24 amid an uptick in demand, while most suppliers kept their offer prices unchanged as they awaited further direction from June tender prices from steel mills.http://www.metalbulletin.com/Article/3875676/GLOBAL-FERRO-SILICON-WRAP-Chinese-prices-stabilize-amid-renewed-demand-European-market-flat-again.htmlMon, 27 May 2019 12:23:00 GMTCOKING COAL DAILY: Seaborne market starts week quiet The seaborne coking coal spot market saw thin trading on Monday May 27, with offers in the premium segment being relatively unchanged amid an absence of bids.http://www.metalbulletin.com/Article/3875678/COKING-COAL-DAILY-Seaborne-market-starts-week-quiet.htmlMon, 27 May 2019 11:50:00 GMTSeaborne iron ore concentrate, pellet prices rise but segment still weakPrices for seaborne iron ore concentrate and pellets picked up some strength last week amid a general upward trend in the market, though the segment remained relatively weak overall.http://www.metalbulletin.com/Article/3875673/Seaborne-iron-ore-concentrate-pellet-prices-rise-but-segment-still-weak.htmlMon, 27 May 2019 11:25:00 GMTChina’s FeV, V2O5 exports fall in April, ferro-niobium imports up 52% from MarchChina exported about 344 tonnes of ferro-vanadium (basis 75% vanadium) in April, marking a decrease of 28% month on month and 53.5% year on year, according to official, but unconfirmed, data seen by Fastmarkets MB.http://www.metalbulletin.com/Article/3875664/Chinas-FeV-V2O5-exports-fall-in-April-ferro-niobium-imports-up-52-from-March.htmlMon, 27 May 2019 10:53:00 GMTCHINA HRC: Thin trading weighs on prices China’s hot-rolled coil prices weakened on Monday May 27 amid thin trading in both the domestic and export markets. http://www.metalbulletin.com/Article/3875674/CHINA-HRC-Thin-trading-weighs-on-prices.htmlMon, 27 May 2019 10:35:00 GMTCHINA REBAR: Domestic prices fall amid pessimistic outlook China’s domestic rebar prices continued to drop on Monday May 27 amid losses in the futures market and pessimistic sellers drawing down their inventories.http://www.metalbulletin.com/Article/3875667/CHINA-REBAR-Domestic-prices-fall-amid-pessimistic-outlook.htmlMon, 27 May 2019 10:35:00 GMTGLOBAL SILICON SNAPSHOT: Chinese export price rebounds amid tight supply of ore; European market flatKey data from the pricing sessions in Asia and Europe for the week ended Friday May 24. http://www.metalbulletin.com/Article/3875665/GLOBAL-SILICON-SNAPSHOT-Chinese-export-price-rebounds-amid-tight-supply-of-ore-European-market-flat.htmlMon, 27 May 2019 09:00:00 GMTGLOBAL ANTIMONY SNAPSHOT: European, Chinese prices continue to fall while weak demand persistsKey data from the pricing sessions in Asia and Europe for the week ended Friday May 24. http://www.metalbulletin.com/Article/3875661/GLOBAL-ANTIMONY-SNAPSHOT-European-Chinese-prices-continue-to-fall-while-weak-demand-persists.htmlMon, 27 May 2019 07:33:00 GMTGLOBAL TUNGSTEN SNAPSHOT: Chinese prices soften; Europe market steadyKey data from the pricing sessions in London and Shanghai in the week ended Friday May 24.http://www.metalbulletin.com/Article/3875662/GLOBAL-TUNGSTEN-SNAPSHOT-Chinese-prices-soften-Europe-market-steady.htmlMon, 27 May 2019 06:57:00 GMTExport prices for Brazilian slab weaken with sellers looking away from USExport prices for Brazilian slab widened downward last week, with producers increasingly on the lookout for other destinations for their products due to shipments to the United States getting closer to exhausting their annual quota. http://www.metalbulletin.com/Article/3875653/Export-prices-for-Brazilian-slab-weaken-with-sellers-looking-away-from-US.htmlMon, 27 May 2019 06:33:00 GMTLIVE FUTURES REPORT 27/05: SHFE base metals prices mixed; aluminium supported by possible supply disruptionBase metals prices on the Shanghai Futures Exchange were mixed during morning trading on Monday May 27, with a softer dollar and comments from US President Donald Trump suggesting a trade deal with China was still possible providing broad support to the complex.http://www.metalbulletin.com/Article/3875663/LIVE-FUTURES-REPORT-2705-SHFE-base-metals-prices-mixed-aluminium-supported-by-possible-supply.htmlMon, 27 May 2019 06:00:00 GMTGLOBAL BILLET WRAP: Removal of additional US duties on Turkish steel improves global marketsGlobal steel billet markets continued to improve during the week ended Friday May 24 following the United States' removal of additional import duties against Turkey. http://www.metalbulletin.com/Article/3875605/GLOBAL-BILLET-WRAP-Removal-of-additional-US-duties-on-Turkish-steel-improves-global-markets.htmlMon, 27 May 2019 00:01:00 GMTWEEKLY SCRAP WRAP: Global prices surge on US cut in tariff for TurkeyGlobal ferrous scrap prices rallied during the week ended Friday May 24 in response to the United States’ reduction of the tariff on imports of Turkish steel, with the exception of Vietnam, where buyers adopted a more cautious stance. http://www.metalbulletin.com/Article/3875637/WEEKLY-SCRAP-WRAP-Global-prices-surge-on-US-cut-in-tariff-for-Turkey.htmlFri, 24 May 2019 20:50:00 GMTEUROPEAN STAINLESS STEEL: Price range slips on weak demandTransaction prices in Europe for grade-304 stainless steel sheets have widened downward over the past week on poor demand, with further decreases likely in June because of lower alloy surcharges, sources told Fastmarkets on Friday May 24. http://www.metalbulletin.com/Article/3875628/EUROPEAN-STAINLESS-STEEL-Price-range-slips-on-weak-demand.htmlFri, 24 May 2019 20:12:00 GMTIndian local secondary billet prices up by $6 per tonne in a weekIndian domestic secondary billet prices rose by at least 400 rupees ($6) per tonne in the week ended Friday May 24 on a rise in the costs for raw materials such as direct-reduced iron (DRI). http://www.metalbulletin.com/Article/3875613/Indian-local-secondary-billet-prices-up-by-6-per-tonne-in-a-week.htmlFri, 24 May 2019 19:50:00 GMTTURKEY COATED FLAT STEEL: Prices keep rising after US reduces Turkish import tariffCoated flat steel prices in Turkey continued to increase over the week ended Friday May 24, with demand improving in both local and export markets. http://www.metalbulletin.com/Article/3875606/TURKEY-COATED-FLAT-STEEL-Prices-keep-rising-after-US-reduces-Turkish-import-tariff.htmlFri, 24 May 2019 19:30:00 GMTUK SCRAP: Light iron market climbs on higher demand, lower availabilityThe UK’s light iron market picked up over the week ended Friday May 24, gaining back some of the losses made earlier this month when the cost of British exports to Turkey went down, with domestic demand and relatively tight availability prompting higher offer prices in the UK, sources told Fastmarkets. http://www.metalbulletin.com/Article/3875604/UK-SCRAP-Light-iron-market-climbs-on-higher-demand-lower-availability.htmlFri, 24 May 2019 19:10:00 GMTEUROPEAN ALLOY STEEL SCRAP: Europe import prices down on weak demand despite low supplyEuropean import prices for alloy steel scrap decreased over the past week because of soft demand even though supply was also limited, sources told Fastmarkets on Friday May 24. http://www.metalbulletin.com/Article/3875599/EUROPEAN-ALLOY-STEEL-SCRAP-Europe-import-prices-down-on-weak-demand-despite-low-supply.htmlFri, 24 May 2019 18:40:00 GMTLIVE FUTURES REPORT 24/05: LME nickel price rockets 4% on short-covering; copper holds below $6,000/t The three-month nickel price on the London Metal Exchange climbed by more than 4% at the close of trading on Friday May 24, soaring beyond $12,300 per tonne amid a slight softening of the dollar index and while investors seek to cover shorts ahead of the UK bank holiday next week. http://www.metalbulletin.com/Article/3875622/LIVE-FUTURES-REPORT-2405-LME-nickel-price-rockets-4-on-short-covering-copper-holds-below-6000t.htmlFri, 24 May 2019 17:50:00 GMTSouthern Brazil pig iron exporters sell out for July, raise offer pricesPig iron exporters in the south of Brazil have sold out their available tonnages for July and have increased their offer prices, Fastmarkets heard on Friday May 24. http://www.metalbulletin.com/Article/3875600/Southern-Brazil-pig-iron-exporters-sell-out-for-July-raise-offer-prices.htmlFri, 24 May 2019 17:45:00 GMTNOBLE ALLOYS MARKET REPORT 24/05: Vanadium, molybdenum turn around in latter half of weekAn overview of the noble alloys markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3875609/NOBLE-ALLOYS-MARKET-REPORT-2405-Vanadium-molybdenum-turn-around-in-latter-half-of-week.htmlFri, 24 May 2019 17:43:00 GMTEuropean 226 market plummets on distressed selling, weak demand The market for aluminium 226 ingot fell to its lowest level since November 2009 on Friday May 24 after rumors of distressed selling in Italy exacerbated already weak demand from the European automotive sector. http://www.metalbulletin.com/Article/3875601/European-226-market-plummets-on-distressed-selling-weak-demand.htmlFri, 24 May 2019 17:38:00 GMTBATTERY RAW MATERIALS MARKET REPORT 24/05: Cobalt sulfate price continues to fall on thin demandAn overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3875595/BATTERY-RAW-MATERIALS-MARKET-REPORT-2405-Cobalt-sulfate-price-continues-to-fall-on-thin-demand.htmlFri, 24 May 2019 17:32:00 GMTMINOR METALS MARKET REPORT 24/05: Antimony continues fall amid muted demand in RotterdamAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3875602/MINOR-METALS-MARKET-REPORT-2405-Antimony-continues-fall-amid-muted-demand-in-Rotterdam.htmlFri, 24 May 2019 17:25:00 GMTINDIA IMPORT SCRAP: Prices surge $10 per tonne after election endsThe price of shredded ferrous scrap imported into India went up by $10 per tonne after the end of the country’s general election process, which was won by the incumbent BJP party, market sources told Fastmarkets on Friday May 24. http://www.metalbulletin.com/Article/3875593/INDIA-IMPORT-SCRAP-Prices-surge-10-per-tonne-after-election-ends.htmlFri, 24 May 2019 17:05:00 GMTGLOBAL CHROME SNAPSHOT: Tisco drops tender price for June, spot prices hold in China Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday May 24. http://www.metalbulletin.com/Article/3875594/GLOBAL-CHROME-SNAPSHOT-Tisco-drops-tender-price-for-June-spot-prices-hold-in-China.htmlFri, 24 May 2019 17:01:00 GMTManganese ore prices hit 18-month low Manganese ore prices hit an 18-month low on Friday May 24, declining for the fourth consecutive week amid increasingly bearish sentiment in China. http://www.metalbulletin.com/Article/3875560/Manganese-ore-prices-hit-18-month-low.htmlFri, 24 May 2019 16:34:00 GMTTURKEY FLAT STEEL: Prices up, local demand improvesThe price of steel coil products in Turkey increased in the week to Friday May 23 in response to improving demand after the United States halved import duties on Turkish steel last week, sources told Fastmarkets. http://www.metalbulletin.com/Article/3875555/TURKEY-FLAT-STEEL-Prices-up-local-demand-improves.htmlFri, 24 May 2019 16:34:00 GMTCIS BILLET: Customers accept higher prices in new dealsCIS export steel billet prices continued to climb in the week ended Friday May 24, with customers finally accepting higher prices in bookings. http://www.metalbulletin.com/Article/3875558/CIS-BILLET-Customers-accept-higher-prices-in-new-deals.htmlFri, 24 May 2019 16:05:00 GMTDAILY SCRAP REPORT: Turkish mills book more deep-sea scrap as prices climbThe Turkish steel mills continued their deep-sea scrap purchases from suppliers in the Baltic Sea region and the United States, with prices still climbing, sources said on Friday May 24. http://www.metalbulletin.com/Article/3875794/DAILY-SCRAP-REPORT-Turkish-mills-book-more-deep-sea-scrap-as-prices-climb.htmlFri, 24 May 2019 16:00:00 GMTCodelco confident of maintaining robust copper output over next decadeCodelco expects to maintain current copper output at around 1.68 million tonnes per year over at least the next decade, it said, despite operational changes and sector headwinds.http://www.metalbulletin.com/Article/3875448/Codelco-confident-of-maintaining-robust-copper-output-over-next-decade.htmlFri, 24 May 2019 15:55:00 GMTCHINA MINOR METALS MARKET REPORT 24/05: Fanya auction concerns continue to weigh on indium priceAn overview of the Chinese minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3875516/CHINA-MINOR-METALS-MARKET-REPORT-2405-Fanya-auction-concerns-continue-to-weigh-on-indium-price.htmlFri, 24 May 2019 14:44:00 GMTIRON ORE DAILY: Seaborne prices rise againSeaborne iron ore prices advanced again on Friday May 24 amid robust trading activity. http://www.metalbulletin.com/Article/3875520/IRON-ORE-DAILY-Seaborne-prices-rise-again.htmlFri, 24 May 2019 14:14:00 GMTCIS PIG IRON: Market sentiment improves on scrap price hike The export pig iron market in the Commonwealth of Independent States (CIS) has benefited from the rapid rise in the price of ferrous scrap - the rival raw material for steelmaking - sources told Fastmarkets this week. http://www.metalbulletin.com/Article/3875476/CIS-PIG-IRON-Market-sentiment-improves-on-scrap-price-hike.htmlFri, 24 May 2019 13:20:00 GMTSoutheast Asian billet import prices stable despite sluggish demandPrices in Southeast Asia’s steel billet market remained stable on Friday May 24 amid weak demand in the major Southeast Asian import markets of the Philippines and Indonesia. http://www.metalbulletin.com/Article/3875508/Southeast-Asian-billet-import-prices-stable-despite-sluggish-demand.htmlFri, 24 May 2019 12:48:00 GMTGLOBAL LITHIUM WRAP: Slow take-up of nickel-rich batteries weighs on Chinese hydroxide price; market shrugs off carbonate rebound China’s domestic lithium hydroxide market dropped by 2.3% on Thursday May 23 on a gloomy downstream demand outlook, while the lithium carbonate price adjusted upward and the rest of the global market followed the recent price downtrend in China. http://www.metalbulletin.com/Article/3875509/GLOBAL-LITHIUM-WRAP-Slow-take-up-of-nickel-rich-batteries-weighs-on-Chinese-hydroxide-price-market.htmlFri, 24 May 2019 12:32:00 GMTCOKING COAL DAILY: fob Australia prices end the week lowerThe fob Australia seaborne coking coal price ended the week lower following a flurry of transactions, while the cfr China price remained supported by the demand for premium low-vol hard coking coal in China.http://www.metalbulletin.com/Article/3875506/COKING-COAL-DAILY-fob-Australia-prices-end-the-week-lower.htmlFri, 24 May 2019 11:40:00 GMTCHINA HRC: Sentiment mixed after prices fallSentiment among participants in the Chinese hot-rolled coil market was mixed on Friday May 24 after prices dropped in the east of the country.http://www.metalbulletin.com/Article/3875478/CHINA-HRC-Sentiment-mixed-after-prices-fall.htmlFri, 24 May 2019 11:10:00 GMTLIVE FUTURES REPORT 24/05: Strong Asian buying pushes LME nickel up 2.5%; Al climbs amid 10kt fresh cancelationNickel’s three-month price on the London Metal Exchange increased by more than 2.5% during morning trading on Friday May 24, with its price action appreciating back over $12,000 per tonne while its volumes traded led the complex. http://www.metalbulletin.com/Article/3875472/LIVE-FUTURES-REPORT-2405-Strong-Asian-buying-pushes-LME-nickel-up-25-Al-climbs-amid-10kt-fresh.htmlFri, 24 May 2019 11:05:00 GMTSHFE STOCKS REPORT 24/05: Nickel inventories up marginally amid muted demand, other metals post declinesDeliverable nickel stocks in Shanghai Futures Exchange-approved warehouses edged up by 3.1% week on week on Friday May 24 amid weakened demand for the metal, while inventories of the other base metals all declined.http://www.metalbulletin.com/Article/3875469/SHFE-STOCKS-REPORT-2405-Nickel-inventories-up-marginally-amid-muted-demand-other-metals-post-declines.htmlFri, 24 May 2019 10:25:00 GMTPRICING NOTICE: Launch of 94% C graphite flake price assessmentFastmarkets today launches a 94% C graphite flake assessment to improve its coverage of the graphite market: http://www.metalbulletin.com/Article/3875438/PRICING-NOTICE-Launch-of-94-C-graphite-flake-price-assessment.htmlFri, 24 May 2019 10:22:00 GMTPRICING NOTICE: Proposal to launch daily containerized ferrous scrap cfr Vietnam assessmentFollowing market feedback and the consultation of market participants, Fastmarkets proposes to launch a daily cfr Vietnam containerized ferrous scrap price assessment.http://www.metalbulletin.com/Article/3875463/PRICING-NOTICE-Proposal-to-launch-daily-containerized-ferrous-scrap-cfr-Vietnam-assessment.htmlFri, 24 May 2019 09:52:00 GMTCHINA REBAR: Stockists cut purchases on weak demand outlook caused by warmer weatherChina’s domestic rebar prices further edged lower on Friday May 24 amid weakening demand from stockists.http://www.metalbulletin.com/Article/3875466/CHINA-REBAR-Stockists-cut-purchases-on-weak-demand-outlook-caused-by-warmer-weather.htmlFri, 24 May 2019 09:29:00 GMTMORNING VIEW: LME base metals steady themselves after recent weakness stemming from trade war, disappointing PMI dataA broad base of markets have steadied themselves this morning, Friday May 24, following the risk-off that unfolded over Wednesday and Thursday and was driven by deteriorating US-China trade relations and further weakness in flash purchasing managers’ index (PMI) data.http://www.metalbulletin.com/Article/3875465/MORNING-VIEW-LME-base-metals-steady-themselves-after-recent-weakness-stemming-from-trade-war.htmlFri, 24 May 2019 09:10:00 GMTUmicore acquires Finland cobalt refinery for $150mlnBelgian battery-materials manufacturer Umicore SA has reached an agreement with Freeport Cobalt to acquire the latter's cobalt refining and cathode precursor business at the Kokkola refinery in Finland. http://www.metalbulletin.com/Article/3875459/Umicore-acquires-Finland-cobalt-refinery-for-150mln.htmlFri, 24 May 2019 06:03:00 GMTLIVE FUTURES REPORT 24/05: Softer dollar provides some relief for SHFE base metals; Cu up 0.7%Base metals prices on the Shanghai Futures Exchange were broadly up during morning trading on Friday May 24, with a softening in the dollar overnight providing much-needed relief to the complex. http://www.metalbulletin.com/Article/3875460/LIVE-FUTURES-REPORT-2405-Softer-dollar-provides-some-relief-for-SHFE-base-metals-Cu-up-07.htmlFri, 24 May 2019 05:12:00 GMTVale, CCCC to build steel rolling mill in Brazil by 2023China Communications Construction Co (CCCC) plans to build a steel rolling mill by 2023 in Marabá, a city in the Brazilian northern state of Pará, through its local subsidiary Concremat, the company said on Thursday May 23. http://www.metalbulletin.com/Article/3875446/Vale-CCCC-to-build-steel-rolling-mill-in-Brazil-by-2023.htmlThu, 23 May 2019 22:43:00 GMTCIS BILLET: Offers climb, customers remain cautiousCIS billet producers further increased their export offers on Thursday May 23, still buoyed by last week’s halving of import taxes on Turkish steel by US president Donald Trump. http://www.metalbulletin.com/Article/3875366/CIS-BILLET-Offers-climb-customers-remain-cautious.htmlThu, 23 May 2019 21:31:00 GMTTURKEY STEEL BILLET: Prices rise despite lack of buying interestPrices for Turkey-origin steel billet have gone up in all markets over the past week since news was heard of the removal by the United States of its extra import duty on Turkish steel, sources said on Thursday May 23. http://www.metalbulletin.com/Article/3875433/TURKEY-STEEL-BILLET-Prices-rise-despite-lack-of-buying-interest.htmlThu, 23 May 2019 17:50:00 GMTLIVE FUTURES REPORT 23/05: LME Al bucks trend in lackluster London trading; zinc near $2,500/tAluminium’s three-month price on the London Metal Exchange was the only metal to trade in positive territory at the close of trading on Thursday April 23, climbing by just under 1% to near $1,800 per tonne. http://www.metalbulletin.com/Article/3875439/LIVE-FUTURES-REPORT-2305-LME-Al-bucks-trend-in-lackluster-London-trading-zinc-near-2500t.htmlThu, 23 May 2019 17:45:00 GMTEUROPE HRC: Prices steadier as market mood becomes cautiously positiveThe negative trend in prices in the EU market for hot-rolled coil (HRC) has softened and prices have now stabilized, market sources told Fastmarkets on Thursday May 23. http://www.metalbulletin.com/Article/3875430/EUROPE-HRC-Prices-steadier-as-market-mood-becomes-cautiously-positive.htmlThu, 23 May 2019 17:20:00 GMTDAILY SCRAP REPORT: Prices jump upward as Turkish mills rejoin marketThe Turkish steel producers have broken their silence in the deep-sea scrap markets with prices increasing sharply, sources said on Thursday May 23. http://www.metalbulletin.com/Article/3875431/DAILY-SCRAP-REPORT-Prices-jump-upward-as-Turkish-mills-rejoin-market.htmlThu, 23 May 2019 16:47:00 GMTTURKEY LONG STEEL: Weak lira keeps pushing domestic prices upwardThe weakening of Turkey’s lira against the US dollar has pushed up the domestic prices for rebar and wire rod despite sluggish demand over the past week, sources said on Thursday May 23. http://www.metalbulletin.com/Article/3875369/TURKEY-LONG-STEEL-Weak-lira-keeps-pushing-domestic-prices-upward.htmlThu, 23 May 2019 16:32:00 GMTDAVIES ON ALLOYS: Fellow manganese alloy producers share South32's plight amid another asset review South32’s decision to review the future of its manganese alloy assets comes as little surprise to fellow manganese alloy producers because they are likely to be considering similar options. http://www.metalbulletin.com/Article/3875401/DAVIES-ON-ALLOYS-Fellow-manganese-alloy-producers-share-South32s-plight-amid-another-asset-review.htmlThu, 23 May 2019 16:26:00 GMTTURKEY LONG STEEL EXPORTS: No takers at higher prices for Turkish steel after US duty cutRebar and wire rod export prices in Turkey have gone up after the reduction by the United States at the end of last week of the import duty applied to the Middle Eastern country’s steel products, sources said on Thursday May 23. http://www.metalbulletin.com/Article/3875336/TURKEY-LONG-STEEL-EXPORTS-No-takers-at-higher-prices-for-Turkish-steel-after-US-duty-cut.htmlThu, 23 May 2019 16:15:00 GMTFOCUS: Turkish steel mills should avoid price hikes following US import tariff cut, traders say The United States’ reduction of tariffs on Turkish steel imports to 25% from 50% last week will only partially reopen the US market to Turkish mills, who should avoid raising prices if they are to successfully regain a share in that market, several sources told Fastmarkets this week. http://www.metalbulletin.com/Article/3875288/FOCUS-Turkish-steel-mills-should-avoid-price-hikes-following-US-import-tariff-cut-traders-say.htmlThu, 23 May 2019 15:51:00 GMTEGYPT STEEL BILLET, REBAR: Import billet prices rise, rebar prices stableSteel billet prices for imports into Egypt have increased this week on higher offers, while domestic rebar prices have remained unchanged, Fastmarkets heard on Thursday May 23. http://www.metalbulletin.com/Article/3875305/EGYPT-STEEL-BILLET-REBAR-Import-billet-prices-rise-rebar-prices-stable.htmlThu, 23 May 2019 15:40:00 GMTPEOPLE MOVES: Acerinox CEO Velázquez elected ISSF chairmanBernardo Velázquez, chief executive officer of Spain-based stainless steel producer Acerinox, has been elected chairman of the International Stainless Steel Forum (ISSF) for a two-year period until 2021, Acerinox said on Thursday May 23.http://www.metalbulletin.com/Article/3875337/PEOPLE-MOVES-Acerinox-CEO-Velzquez-elected-ISSF-chairman.htmlThu, 23 May 2019 15:15:00 GMTPEOPLE MOVES: Outokumpu appoints Saksi head of Americas business [UPDATED]Finnish stainless steelmaker Outokumpu has appointed Olli-Matti Saksi the head of its Americas business with immediate effect, the company said on Thursday May 23.http://www.metalbulletin.com/Article/3871879/PEOPLE-MOVES-Outokumpu-appoints-Saksi-head-of-Americas-business-[UPDATED].htmlThu, 23 May 2019 14:10:00 GMTIRON ORE DAILY: Seaborne prices correct downward but demand still strongSeaborne iron ore prices went through corrections on Thursday May 23 after jumping to more than $105 per tonne cfr China a day earlier, but Chinese steelmakers’ demand for the material remained robust. http://www.metalbulletin.com/Article/3875299/IRON-ORE-DAILY-Seaborne-prices-correct-downward-but-demand-still-strong.htmlThu, 23 May 2019 13:22:00 GMTChinese cobalt sulfate price hits fresh 2019 low; producers struggle under break even costsThe Chinese domestic cobalt sulfate price hit a fresh low for 2019 mid-week amid persistent selling pressure among producers who are mostly struggling to break even, sources said.http://www.metalbulletin.com/Article/3875294/Chinese-cobalt-sulfate-price-hits-fresh-2019-low-producers-struggle-under-break-even-costs.htmlThu, 23 May 2019 12:45:00 GMTCOKING COAL DAILY: fob Australia price falls while cfr China price remains firmEx-China seaborne coking coal spot prices fell further on the back of a lower offer, while in China bullish sentiment kept prices largely firm.http://www.metalbulletin.com/Article/3875292/COKING-COAL-DAILY-fob-Australia-price-falls-while-cfr-China-price-remains-firm.htmlThu, 23 May 2019 11:45:00 GMTPEOPLE MOVES: BIR elects Tom Bird as new presidentThe Bureau of International Recycling has elected Tom Bird of Chiho Environmental Group to be its new president at its General Assembly at the BIR World Recycling Convention & Exhibition in Singapore on May 21. http://www.metalbulletin.com/Article/3875290/PEOPLE-MOVES-BIR-elects-Tom-Bird-as-new-president.htmlThu, 23 May 2019 11:40:00 GMTCHINA HRC: Short-selling export traders see gains amid falling pricesChinese hot-rolled coil export traders profited from short-selling as mills started accepting lower prices on Thursday May 23, while the domestic market remained largely stable.http://www.metalbulletin.com/Article/3875289/CHINA-HRC-Short-selling-export-traders-see-gains-amid-falling-prices.htmlThu, 23 May 2019 11:10:00 GMTLIVE FUTURES REPORT 23/05: Trade woes pressure LME base metals prices lower; zinc falls 1.3%Base metals prices on the London Metal Exchange were lower during morning trading on Thursday May 23, with continued trade friction between the United States and China fueling risk-off sentiment while tight nearby spreads failed to attract fresh inflows. http://www.metalbulletin.com/Article/3875285/LIVE-FUTURES-REPORT-2305-Trade-woes-pressure-LME-base-metals-prices-lower-zinc-falls-13.htmlThu, 23 May 2019 10:33:00 GMTIran semi-finished steel market firm with mills well-booked; sentiment negative on sanctionsIranian export billet and slab prices remained largely unchanged in the week ended on Wednesday May 22, with no major sales heard because producers have their order books filled to last until the end of June or mid-July, sources said.http://www.metalbulletin.com/Article/3875111/Iran-semi-finished-steel-market-firm-with-mills-well-booked-sentiment-negative-on-sanctions.htmlThu, 23 May 2019 10:20:00 GMTCHINA REBAR: Warmer weather weighs on domestic rebar demand and pricesChina’s domestic prices lost their upward momentum on Thursday May 23 on weakening demand as futures lost ground and warming weather gets set to impact work at construction sites.http://www.metalbulletin.com/Article/3875283/CHINA-REBAR-Warmer-weather-weighs-on-domestic-rebar-demand-and-prices.htmlThu, 23 May 2019 08:49:00 GMTLIVE FUTURES REPORT 23/05: Nickel leads SHFE base metals prices downward while macroeconomic uncertainty persistsBase metals prices on the Shanghai Futures Exchange were mostly down during morning trading on Thursday May 23, with nickel leading the charge lower amid persistent macroeconomic uncertainty and strength in the dollar.http://www.metalbulletin.com/Article/3875280/LIVE-FUTURES-REPORT-2305-Nickel-leads-SHFE-base-metals-prices-downward-while-macroeconomic.htmlThu, 23 May 2019 05:15:00 GMTHigh downstream demand supports China’s stainless steel pricesChina’s domestic stainless steel prices widened upward over the past week amid continued strong demand from end users. http://www.metalbulletin.com/Article/3875278/High-downstream-demand-supports-Chinas-stainless-steel-prices.htmlThu, 23 May 2019 04:24:00 GMTEnergy storage to boost copper demand by 2.3mln tpy over next decade, analyst saysEnergy storage in mobility and stationary storage applications will increase annual copper demand by 2.3 million tonnes by 2029, according to an analyst at research and consulting firm IDTechEx.http://www.metalbulletin.com/Article/3875272/Energy-storage-to-boost-copper-demand-by-23mln-tpy-over-next-decade-analyst-says.htmlThu, 23 May 2019 02:33:00 GMTEMR sells parts of M&W to Recycling LivesEuropean Metal Recycling (EMR) has sold parts of specialty scrap recycler Metal & Waste Recycling (M&W) to UK-based Recycling Lives following a competition inquiry. http://www.metalbulletin.com/Article/3875273/EMR-sells-parts-of-M-W-to-Recycling-Lives.htmlThu, 23 May 2019 02:15:00 GMTGlencore signs cobalt feedstock, financing deal for First Cobalt refineryGlencore AG has signed an agreement to supply cobalt feedstock and financing to recommission the First Cobalt refinery in Ontario, Canada.http://www.metalbulletin.com/Article/3875271/Glencore-signs-cobalt-feedstock-financing-deal-for-First-Cobalt-refinery.htmlThu, 23 May 2019 02:05:00 GMTBASE METALS WARRANT REPORT 22/05A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 22. http://www.metalbulletin.com/Article/3875176/BASE-METALS-WARRANT-REPORT-2205.htmlWed, 22 May 2019 19:12:00 GMTFOCUS: KCM liquidation order - what is at stake, what will happen to Zambian copper industry?The liquidation order issued by the government of Zambia, that would allow it to take control of the copper-producing assets held in the African country by global metals producer Vedanta, has sent shockwaves through the global industry. http://www.metalbulletin.com/Article/3875249/FOCUS-KCM-liquidation-order-what-is-at-stake-what-will-happen-to-Zambian-copper-industry.htmlWed, 22 May 2019 18:50:00 GMTSOUTHERN EUROPE REBAR: Domestic prices stable, weak demand continuesThe price for rebar produced and delivered in Southern Europe remained unchanged on Wednesday May 22, amid continuing weak demand, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3875247/SOUTHERN-EUROPE-REBAR-Domestic-prices-stable-weak-demand-continues.htmlWed, 22 May 2019 18:06:00 GMTLIVE FUTURES REPORT 22/05: LME copper price dips below $6,000/t amid trade uncertainties, robust dollar The three-month copper’s price on the London Metal Exchange fell by 1.3% at the close of trading on Wednesday May 22, with price pressure emerging from resurging trade tensions between the United States and China, while dollar strength is limiting commodity investment. http://www.metalbulletin.com/Article/3875251/LIVE-FUTURES-REPORT-2205-LME-copper-price-dips-below-6000t-amid-trade-uncertainties-robust-dollar.htmlWed, 22 May 2019 17:54:00 GMTMINOR METALS MARKET REPORT 22/05: Antimony continues decline on weak demand; bismuth tightens amid low offersAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3875214/MINOR-METALS-MARKET-REPORT-2205-Antimony-continues-decline-on-weak-demand-bismuth-tightens-amid-low.htmlWed, 22 May 2019 17:30:00 GMTUS-China trade dispute key driver of copper price direction, ED&F Man exec says Copper’s fundamentals mean prices should be higher but much depends on the outcome of the US-China trade dispute, according to an executive at ED&F Man Capital Markets. http://www.metalbulletin.com/Article/3875246/US-China-trade-dispute-key-driver-of-copper-price-direction-ED-F-Man-exec-says.htmlWed, 22 May 2019 17:23:00 GMTEUROPE WIRE ROD: Prices continue fall on lower finished mesh product pricesPrices for mesh-quality wire rod in Europe continued to fall this week after a drop in finished mesh product prices, sources told Fastmarkets on Wednesday May 22. http://www.metalbulletin.com/Article/3875212/EUROPE-WIRE-ROD-Prices-continue-fall-on-lower-finished-mesh-product-prices.htmlWed, 22 May 2019 17:22:00 GMTEUROPE SECTIONS: Prices stable, market wary about proposed increasesDomestic prices for hollow steel sections in Europe were unchanged this week as the market considered mill proposals to increase prices despite further falls in feedstock costs, sources told Fastmarkets on Wednesday May 22. http://www.metalbulletin.com/Article/3875210/EUROPE-SECTIONS-Prices-stable-market-wary-about-proposed-increases.htmlWed, 22 May 2019 17:17:00 GMTGLOBAL TIN WRAP: Global premiums flat on tighter nearby spreads, weakening demandGlobal tin premiums were unchanged in all regions we follow in the week ended Tuesday May 21, with a large backwardation in the London Metal Exchange forward spreads limiting spot business in Asian, European and North American markets. http://www.metalbulletin.com/Article/3875108/GLOBAL-TIN-WRAP-Global-premiums-flat-on-tighter-nearby-spreads-weakening-demand.htmlWed, 22 May 2019 17:04:00 GMTSlump in European auto sales weakens demand in sluggish vanadium, ferro-chrome marketsA decline in output from the automotive market in Europe has negatively affected demand in the vanadium and ferro-chrome markets, with prices for both materials falling to multi-month lows.http://www.metalbulletin.com/Article/3875211/Slump-in-European-auto-sales-weakens-demand-in-sluggish-vanadium-ferro-chrome-markets.htmlWed, 22 May 2019 17:00:00 GMTDAILY SCRAP REPORT: Market focuses on rebar exports to US; fresh cargo may raise pricesThe quietness in the deep-sea scrap markets has continued because market participants were still looking for clarity in the export markets for finished products such as rebar, sources said on Wednesday May 22. http://www.metalbulletin.com/Article/3875174/DAILY-SCRAP-REPORT-Market-focuses-on-rebar-exports-to-US-fresh-cargo-may-raise-prices.htmlWed, 22 May 2019 16:55:00 GMTEUROPE BEAMS: Prices move down but scrap costs begin to riseSteel H-beam prices in Northern Europe moved downward this week although feedstock costs have begun to rise again, sources told Fastmarkets on Wednesday May 22. http://www.metalbulletin.com/Article/3875175/EUROPE-BEAMS-Prices-move-down-but-scrap-costs-begin-to-rise.htmlWed, 22 May 2019 16:40:00 GMTGLOBAL ZINC & LEAD WRAP: European Zn premium recovers from historic lows, US lead demand softens Spot premiums for special high-grade (SHG) zinc ingots recovered slightly in Europe after falling to historical lows last week, though an extreme backwardation on the London Metal Exchange cash/three-month spread persists. http://www.metalbulletin.com/Article/3875044/GLOBAL-ZINC-and-LEAD-WRAP-European-Zn-premium-recovers-from-historic-lows-US-lead-demand-softens.htmlWed, 22 May 2019 16:40:00 GMTNORTHERN EUROPE REBAR: Prices stable but mill optimism returnsThe price of rebar produced and delivered in Northern Europe has remained stable week on week, but with optimism among mills returning because of the potential price rises for ferrous scrap, market participants told Fastmarkets on Wednesday May 22. http://www.metalbulletin.com/Article/3875142/NORTHERN-EUROPE-REBAR-Prices-stable-but-mill-optimism-returns.htmlWed, 22 May 2019 16:14:00 GMTNOBLE ALLOYS MARKET REPORT 22/05: Ferro-vanadium price tumbles 5%; molybdenum market under pressureAn overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3875103/NOBLE-ALLOYS-MARKET-REPORT-2205-Ferro-vanadium-price-tumbles-5-molybdenum-market-under-pressure.htmlWed, 22 May 2019 15:47:00 GMTGLOBAL NICKEL WRAP: US, EU briquettes diverge; Chinese premiums stable on closed import windowThe United States and European nickel briquette premiums diverged in the week to Tuesday May 22 on tariff uncertainty and shipping issues, while Chinese premiums traded flat across the board amid a lack of arbitrage profit possibility on a closed trade window.http://www.metalbulletin.com/Article/3875073/GLOBAL-NICKEL-WRAP-US-EU-briquettes-diverge-Chinese-premiums-stable-on-closed-import-window.htmlWed, 22 May 2019 15:00:00 GMTIRON ORE DAILY: Seaborne prices top $105 per tonne on bullish tradingIron ore prices continued their uptrend on Wednesday May 22 with the Fastmarkets MB 62% Fe Iron Ore Index rising to more than $105 per tonne cfr China. http://www.metalbulletin.com/Article/3875091/IRON-ORE-DAILY-Seaborne-prices-top-105-per-tonne-on-bullish-trading.htmlWed, 22 May 2019 13:27:00 GMTNEWSBREAK: British Steel enters compulsory liquidation [UPDATED]Troubled UK long steel producer British Steel has been placed into compulsory liquidation following an order from the UK high court, the UK official receiver, part of the UK’s Insolvency Service, said on Wednesday May 22.http://www.metalbulletin.com/Article/3875081/NEWSBREAK-British-Steel-enters-compulsory-liquidation-[UPDATED].htmlWed, 22 May 2019 12:15:00 GMTEast Asian stainless steel prices fall on weak downstream demand, trade uncertaintyImport prices for stainless steel in East Asia have declined over the week ended on May 22 because of limited buying interest amid the heightened trade tensions between China and the United States.http://www.metalbulletin.com/Article/3875080/East-Asian-stainless-steel-prices-fall-on-weak-downstream-demand-trade-uncertainty.htmlWed, 22 May 2019 12:05:00 GMTGLOBAL COPPER WRAP: Premiums lower in Shanghai; arbitrage keeps US spike short livedCopper premiums in Shanghai dropped over the week ended on Tuesday May 21, with a slew of deals for SX-EW cathodes at low levels, while the spike in premiums in the United States may not last if key smelters return to the market.http://www.metalbulletin.com/Article/3875063/GLOBAL-COPPER-WRAP-Premiums-lower-in-Shanghai-arbitrage-keeps-US-spike-short-lived.htmlWed, 22 May 2019 11:45:00 GMTCHINA HRC: Export market inactive amid domestic price fluctuationsChina’s export hot-rolled coil prices were largely stable on Wednesday May 22 amid sparse trading as domestic spot and futures prices fluctuated. http://www.metalbulletin.com/Article/3875078/CHINA-HRC-Export-market-inactive-amid-domestic-price-fluctuations.htmlWed, 22 May 2019 11:05:00 GMTLIVE FUTURES REPORT 22/05: LME base metals prices down amid macro-inspired thin volumes, stronger dollar; Cu down 0.6%London Metal Exchange base metals prices were suppressed in the morning session on Wednesday May 22, with macro-inspired bearish selling equating to thin trading volumes and a strengthened dollar exerting downward pressure.http://www.metalbulletin.com/Article/3875065/LIVE-FUTURES-REPORT-2205-LME-base-metals-prices-down-amid-macro-inspired-thin-volumes-stronger-dollar.htmlWed, 22 May 2019 10:15:00 GMTCHINA REBAR: New demand concerns emerge amid onset of warmer weatherChinese domestic rebar prices rose on Wednesday May 22 but participants voiced concerns that a seasonal drop in demand may soon push down prices. http://www.metalbulletin.com/Article/3875060/CHINA-REBAR-New-demand-concerns-emerge-amid-onset-of-warmer-weather.htmlWed, 22 May 2019 10:10:00 GMTGLOBAL ALUMINIUM WRAP: US Midwest premium ticks lower following Section 232 developmentsAluminium premiums in the United States fell after the country removed its 10% tariff on aluminium products imported from Canada and Mexico.http://www.metalbulletin.com/Article/3875025/GLOBAL-ALUMINIUM-WRAP-US-Midwest-premium-ticks-lower-following-Section-232-developments.htmlWed, 22 May 2019 08:05:00 GMTPRICING NOTICE: Amendment of names, specifications for China cobalt sulfate assessmentsFastmarkets has amended the names and specifications of its China cobalt sulfate assessments, effective Wednesday May 22, 2019. http://www.metalbulletin.com/Article/3875048/PRICING-NOTICE-Amendment-of-names-specifications-for-China-cobalt-sulfate-assessments.htmlWed, 22 May 2019 07:45:00 GMTLIVE FUTURES REPORT 22/05: Macro concerns, firm dollar weigh on SHFE base metals prices; Cu down 0.6%Base metals prices on the Shanghai Futures Exchange were down across the board during morning trading on Wednesday May 22, with a challenging macroeconomic backdrop and firm dollar weighing on the complex.http://www.metalbulletin.com/Article/3875052/LIVE-FUTURES-REPORT-2205-Macro-concerns-firm-dollar-weigh-on-SHFE-base-metals-prices-Cu-down-06.htmlWed, 22 May 2019 05:25:00 GMTChinese wire rod export prices flat amid inactivity Export prices for China-origin wire rod were unchanged over the past week in sparse trading.http://www.metalbulletin.com/Article/3875054/Chinese-wire-rod-export-prices-flat-amid-inactivity.htmlWed, 22 May 2019 04:45:00 GMTAlbras aluminium smelter resumes normal operations, expected to reach full capacity in H2 2019The Albras aluminium smelter in Brazil, partly owned by Norsk Hydro, has begun to ramp up its output following the removal of production restrictions at the Alunorte alumina plant, the Norwegian company said on Tuesday May 21.http://www.metalbulletin.com/Article/3875043/Albras-aluminium-smelter-resumes-normal-operations-expected-to-reach-full-capacity-in-H2-2019.htmlWed, 22 May 2019 04:10:00 GMTChina’s plate producers lower prices amid sparse demandChina’s plate producers lowered offer prices this week in sparse trading.http://www.metalbulletin.com/Article/3875049/Chinas-plate-producers-lower-prices-amid-sparse-demand.htmlWed, 22 May 2019 04:04:00 GMTWEEKLY BASE METAL PREMIUMS REPORT 21/05A summary of base metals premiums from across the globe for the week to Tuesday May 21. http://www.metalbulletin.com/Article/3875015/WEEKLY-BASE-METAL-PREMIUMS-REPORT-2105.htmlTue, 21 May 2019 20:25:00 GMTLIVE FUTURES REPORT 21/05: LME base metals mostly buoyed by Dow Jones upsurge; Cu hits fresh lowThe majority of London Metal Exchange base metals prices continued to trade up during the afternoon session on Tuesday May 21, with the complex largely following the equities markets on their upward trajectory.http://www.metalbulletin.com/Article/3875026/LIVE-FUTURES-REPORT-2105-LME-base-metals-mostly-buoyed-by-Dow-Jones-upsurge-Cu-hits-fresh-low.htmlTue, 21 May 2019 17:53:00 GMTGULF FLAT STEEL IMPORTS: Prices fall again on Ramadan demand lullPrices for flat steel products imported into the United Arab Emirates and Saudi Arabia have decreased again over the past week, due to demand being limited by observance of the Islamic holy month of Ramadan, sources told Fastmarkets on Tuesday May 21. http://www.metalbulletin.com/Article/3875019/GULF-FLAT-STEEL-IMPORTS-Prices-fall-again-on-Ramadan-demand-lull.htmlTue, 21 May 2019 17:14:00 GMTBenchmark alumina price moves up despite Alunorte restartNews that Hydro’s Alunorte alumina refinery will return to full capacity, after the production embargo was removed, did little to stop the recent increase in alumina prices.http://www.metalbulletin.com/Article/3874926/Benchmark-alumina-price-moves-up-despite-Alunorte-restart.htmlTue, 21 May 2019 16:50:00 GMTGULF STEEL BILLET, REBAR: Import billet price rises, but rebar price fallsThe import price for steel billet in the United Arab Emirates has widened upward in new deals over the past week, but the price of rebar has decreased, sources told Fastmarkets on Tuesday May 21. http://www.metalbulletin.com/Article/3875018/GULF-STEEL-BILLET-REBAR-Import-billet-price-rises-but-rebar-price-falls.htmlTue, 21 May 2019 16:44:00 GMTDAILY SCRAP REPORT: Deep-sea scrap lull continues as market awaits confirmation of US rebar import priceThe Turkish deep-sea scrap market remained quiet on Tuesday May 21, while steel mills continued to negotiate rebar sales to the United States and scrap merchants awaited signs of a clearer market direction. http://www.metalbulletin.com/Article/3874898/DAILY-SCRAP-REPORT-Deep-sea-scrap-lull-continues-as-market-awaits-confirmation-of-US-rebar-import.htmlTue, 21 May 2019 16:15:00 GMTUnions renew calls for govt intervention with troubled British Steel ‘on brink of collapse’ [UPDATED]UK steel trade unions have renewed their calls for the government and British Steel’s owners Greybull Capital to reach an agreement to save the troubled long steel producer. http://www.metalbulletin.com/Article/3874876/Unions-renew-calls-for-govt-intervention-with-troubled-British-Steel-on-brink-of-collapse-[UPDATED].htmlTue, 21 May 2019 14:53:00 GMTIRON ORE DAILY: Seaborne prices firm up above $100 per tonne on higher futures, spot steel valuesSeaborne iron ore prices continued to strengthen on Tuesday May 21 after exceeding $100 per tonne cfr last Friday, thanks to gains in the futures and spot steel markets. http://www.metalbulletin.com/Article/3874879/IRON-ORE-DAILY-Seaborne-prices-firm-up-above-100-per-tonne-on-higher-futures-spot-steel-values.htmlTue, 21 May 2019 13:23:00 GMTChina CRC, HDG export prices fall on declining domestic demand, currency weaknessExport prices for Chinese cold-rolled coil and hot-dipped galvanized coil were down during the week to Tuesday May 21 after Chinese producers adjusted their offers to remain competitively priced amid declining domestic demand and the weakening Chinese currency, market sources said.http://www.metalbulletin.com/Article/3874873/China-CRC-HDG-export-prices-fall-on-declining-domestic-demand-currency-weakness.htmlTue, 21 May 2019 11:55:00 GMTCOKING COAL DAILY: Seaborne prices weaken despite higher coke prices in ChinaSeaborne coking coal spot prices were mostly lower on Tuesday May 21 despite a third round of increases in metallurgical coke prices in China.http://www.metalbulletin.com/Article/3874871/COKING-COAL-DAILY-Seaborne-prices-weaken-despite-higher-coke-prices-in-China.htmlTue, 21 May 2019 11:30:00 GMTFOCUS: Global alumina price rally could slow on Hydro production embargo removalThe rallying speed of the global alumina price may slow following breaking news that Norsk Hydro’s Alunorte alumina refinery’s production embargo was repealed on Monday, market participants told Fastmarkets on Tuesday May 21.http://www.metalbulletin.com/Article/3874845/FOCUS-Global-alumina-price-rally-could-slow-on-Hydro-production-embargo-removal.htmlTue, 21 May 2019 11:30:00 GMTCHINA HRC: Futures gains push spot market higherChina’s hot-rolled coil prices rose on Tuesday May 21 after trading turned more active following gains in the futures market. http://www.metalbulletin.com/Article/3874870/CHINA-HRC-Futures-gains-push-spot-market-higher.htmlTue, 21 May 2019 10:40:00 GMTPRICING NOTICE: Proposal to discontinue the Fastmarkets Stainless Steel 304 Europe Raw Materials Index Fastmarkets MB is proposing to discontinue the stainless steel 304 Europe raw materials index. http://www.metalbulletin.com/Article/3874802/PRICING-NOTICE-Proposal-to-discontinue-the-Fastmarkets-Stainless-Steel-304-Europe-Raw-Materials-Index.htmlTue, 21 May 2019 10:00:00 GMTLIVE FUTURES REPORT 21/05: LME base metals prices advance despite dollar strength Base metals prices on the London Metal Exchange were predominantly higher during morning trading on Tuesday May 21, ignoring an uptick in the dollar index, while trade war concerns continue to keep liquidity levels low. http://www.metalbulletin.com/Article/3874867/LIVE-FUTURES-REPORT-2105-LME-base-metals-prices-advance-despite-dollar-strength.htmlTue, 21 May 2019 09:57:00 GMTCHINA REBAR: Domestic prices up, but demand weakChina’s domestic rebar prices moved up on Tuesday May 21 following futures gains, but demand was far from strong. http://www.metalbulletin.com/Article/3874842/CHINA-REBAR-Domestic-prices-up-but-demand-weak.htmlTue, 21 May 2019 09:05:00 GMTGLOBAL FERRO-SILICON WRAP: Weak demand sinks Chinese market; European prices flatThe recent downtrend in Chinese domestic ferro-silicon prices continued in the week ended Friday May 17 amid an abundance of the material, while sentiment remained bearish due to weak demand from the country’s steel and magnesium markets.http://www.metalbulletin.com/Article/3874689/GLOBAL-FERRO-SILICON-WRAP-Weak-demand-sinks-Chinese-market-European-prices-flat.htmlTue, 21 May 2019 06:37:00 GMTChinese stainless steel mills, ferro-chrome smelters likely to cut production in June – sourcesStainless steel mills and ferro-chrome smelters in China are likely to curtail their production in June, should domestic stainless steel and ferro-chrome prices continue to weaken amid lingering poor demand and prevailing bearish sentiment, sources told Fastmarkets. http://www.metalbulletin.com/Article/3874837/Chinese-stainless-steel-mills-ferro-chrome-smelters-likely-to-cut-production-in-Junesources.htmlTue, 21 May 2019 06:27:00 GMT