Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2018 MB60Top StoriesPRICING NOTICE: Metal Bulletin launches China cobalt sulfate price assessment [UPDATED]Metal Bulletin has launched a price assessment for cobalt sulfate, 20.5% min Co, ex-works China, published as a $ per lb adjustment to the low end of Metal Bulletin’s existing benchmark low-grade cobalt price assessment.http://www.metalbulletin.com/Article/3802631/PRICING-NOTICE-Metal-Bulletin-launches-China-cobalt-sulfate-price-assessment-[UPDATED].htmlWed, 15 Aug 2018 12:37:00 GMTIRON ORE DAILY: Discounts widen for August seaborne shipments Physical iron ore prices continued to soften on Wednesday August 15, with wider discounts being reported for prompt seaborne cargoes.http://www.metalbulletin.com/Article/3827267/IRON-ORE-DAILY-Discounts-widen-for-August-seaborne-shipments.htmlWed, 15 Aug 2018 12:15:00 GMTCOKING COAL DAILY: Seaborne market quietens down after Tuesday spikeThe seaborne coking coal spot market quietened down on Wednesday August 15 in the absence of new offers and bids, with participants staying on the sidelines for a clearer trend to emerge. http://www.metalbulletin.com/Article/3827256/COKING-COAL-DAILY-Seaborne-market-quietens-down-after-Tuesday-spike.htmlWed, 15 Aug 2018 11:24:00 GMTChinese manganese ore market buoyed by surge in futures alloy prices Spot port manganese ore prices in China recovered last week due to positive market sentiment, further supported by spikes in ferro-alloys futures prices.http://www.metalbulletin.com/Article/3827249/Chinese-manganese-ore-market-buoyed-by-surge-in-futures-alloy-prices.htmlWed, 15 Aug 2018 11:05:00 GMTLIVE FUTURES REPORT 15/08: LME base metals hit fresh 2018 lows; ali price dips on 30kt rewarrantingBase metals' prices on the London Metal Exchange were broadly lower during morning trading on Wednesday August 15, pressured by a new surge in the US dollar index while the fallout of Turkey’s weak currency continues to distress commodity investment.http://www.metalbulletin.com/Article/3827255/LIVE-FUTURES-REPORT-1508-LME-base-metals-hit-fresh-2018-lows-ali-price-dips-on-30kt-rewarranting.htmlWed, 15 Aug 2018 10:50:00 GMTCHINA REBAR: Domestic prices flat amid sparse tradingChina’s domestic rebar prices were flat on Wednesday August 15 amid an inactive market. http://www.metalbulletin.com/Article/3827251/CHINA-REBAR-Domestic-prices-flat-amid-sparse-trading.htmlWed, 15 Aug 2018 10:33:00 GMTPRICING NOTICE: Proposal to discontinue Chinese selenium dioxide price Metal Bulletin proposes to discontinue its selenium dioxide min 98% China domestic in-warehouse price. http://www.metalbulletin.com/Article/3792786/PRICING-NOTICE-Proposal-to-discontinue-Chinese-selenium-dioxide-price.htmlWed, 15 Aug 2018 10:00:00 GMTGLOBAL COPPER WRAP: Restocking activity pushes Shanghai premiums to two-month highsThe Chinese copper market strengthened further in the week ended Tuesday August 14, with cathode premiums hitting two-month highs in Shanghai amid an uptick in restocking activity.http://www.metalbulletin.com/Article/3827210/GLOBAL-COPPER-WRAP-Restocking-activity-pushes-Shanghai-premiums-to-two-month-highs.htmlWed, 15 Aug 2018 09:45:00 GMTGLOBAL ZINC & LEAD WRAP: Zinc market more active, some regional premiums move up; Indian lead premium maintains upward momentumZinc premiums in India hit historical highs in the week to Tuesday August 14 amid a temporary shortage of refined metal, while a contango in the London Metal Exchange’s cash/three-month price spread pushed South East Asian premiums higher and fueled positive sentiment in the European and Chinese markets.http://www.metalbulletin.com/Article/3827244/GLOBAL-ZINC-and-LEAD-WRAP-Zinc-market-more-active-some-regional-premiums-move-up-Indian-lead-premium.htmlWed, 15 Aug 2018 09:05:00 GMTChina AM: Coking coal, coke futures edge upChina’s ferrous futures remained subdued during morning trading on Wednesday August 15, with the coking coal and coke contracts bucking a general downward trend.http://www.metalbulletin.com/Article/3827242/China-AM-Coking-coal-coke-futures-edge-up.htmlWed, 15 Aug 2018 06:00:00 GMTLIVE FUTURES REPORT 15/08: Weak Chinese economic data weighs on SHFE base metals prices Base metals prices on the Shanghai Futures Exchange continued to slide during morning trading on Wednesday August 15, following disappointing Chinese economic data that heightened concerns over slowing growth in the world’s second largest economy.http://www.metalbulletin.com/Article/3827239/LIVE-FUTURES-REPORT-1508-Weak-Chinese-economic-data-weighs-on-SHFE-base-metals-prices.htmlWed, 15 Aug 2018 04:58:00 GMTGLOBAL ALUMINIUM WRAP: Rotterdam, US Midwest well supported; MJP falls on quiet conditionsAluminium premiums in Rotterdam and the US Midwest were higher week on week on Tuesday August 14 but the spot main Japanese ports (MJP) premium dipped because of the quiet trading conditions.http://www.metalbulletin.com/Article/3827113/GLOBAL-ALUMINIUM-WRAP-Rotterdam-US-Midwest-well-supported-MJP-falls-on-quiet-conditions.htmlWed, 15 Aug 2018 04:10:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 14/08A summary of base metals premiums from across the globe for the week to Tuesday August 14. http://www.metalbulletin.com/Article/3827206/WEEKLY-BASE-METAL-PREMIUMS-REPORT-1408.htmlTue, 14 Aug 2018 21:00:00 GMTLIVE FUTURES REPORT 14/08: Dollar strength weighs on LME base metals; lead price falls 2.4%Base metals prices on the London Metal Exchange were broadly lower at the close of trading on Tuesday August 14, under pressure from a continued surge in the US dollar index while a tendency toward risk-aversion continues to work its way through the commodities landscape. http://www.metalbulletin.com/Article/3827208/LIVE-FUTURES-REPORT-1408-Dollar-strength-weighs-on-LME-base-metals-lead-price-falls-24.htmlTue, 14 Aug 2018 18:42:00 GMTCentury Zinc mine starts tailings operations Australian zinc miner New Century Resources has started zinc concentrate production at its newly refurbished Century zinc mine. http://www.metalbulletin.com/Article/3826515/Century-Zinc-mine-starts-tailings-operations.htmlTue, 14 Aug 2018 17:35:00 GMTCIS STEEL BILLET: Prices weaken amid low offers from TurkeyCIS export billet prices continued to weaken on Tuesday August 14, with some producers dropping their offers to compete with low-priced imports from Turkey. http://www.metalbulletin.com/Article/3827112/CIS-STEEL-BILLET-Prices-weaken-amid-low-offers-from-Turkey.htmlTue, 14 Aug 2018 17:19:00 GMTDAILY SCRAP REPORT: Turkish mills may buy again soon to rebuild stocksTurkish steel producers extended their absence from the deep-sea scrap markets while the political crisis between their country and the United States continued on Tuesday August 14. http://www.metalbulletin.com/Article/3827041/DAILY-SCRAP-REPORT-Turkish-mills-may-buy-again-soon-to-rebuild-stocks.htmlTue, 14 Aug 2018 17:15:00 GMTRUSSIA FLAT STEEL: Mills to raise offer prices again on weak roubleSteel mills in Russia’s central region around Moscow intend to impose another increase in prices for hot-rolled (HR) and cold-rolled (CR) steel sheet due to the weakness of the national currency, Metal Bulletin heard on Tuesday August 14. http://www.metalbulletin.com/Article/3827043/RUSSIA-FLAT-STEEL-Mills-to-raise-offer-prices-again-on-weak-rouble.htmlTue, 14 Aug 2018 16:05:00 GMTLIVE FUTURES REPORT 14/08: Comex copper reverses gains Comex copper prices once again traded in negative territory on August 14 morning in the US, with fears over the trade war and ongoing issues in Turkey weighing on the red metal.http://www.metalbulletin.com/Article/3827038/LIVE-FUTURES-REPORT-1408-Comex-copper-reverses-gains.htmlTue, 14 Aug 2018 15:15:00 GMTNevsun rejects hostile bid from Lundin MiningNevsun Resources has rejected another hostile bid from the Lundin Mining Corporation, it announced on August 9.http://www.metalbulletin.com/Article/3826379/Nevsun-rejects-hostile-bid-from-Lundin-Mining.htmlTue, 14 Aug 2018 14:35:00 GMTGLOBAL FERRO-SILICON WRAP: Chinese domestic prices edge higher after consumers returnChinese ferro-silicon prices started to climb last week on early signs of consumer buying interest, although increased production may temper stronger rallies, while the US market was supported ahead of expected renewed consumer demand. http://www.metalbulletin.com/Article/3826998/GLOBAL-FERRO-SILICON-WRAP-Chinese-domestic-prices-edge-higher-after-consumers-return.htmlTue, 14 Aug 2018 14:19:00 GMTIRON ORE DAILY: Paper market losses lead to fall in physical pricesPhysical iron ore prices slipped on Tuesday August 14 after retreats in the paper markets. http://www.metalbulletin.com/Article/3826996/IRON-ORE-DAILY-Paper-market-losses-lead-to-fall-in-physical-prices.htmlTue, 14 Aug 2018 13:08:00 GMTGLOBAL CHROME WRAP: Weaker yuan aids chrome import price fall to 14-mnth lowImported cargoes are increasingly unattractive to Chinese chrome buyers while the yuan weakens and supply remains high.http://www.metalbulletin.com/Article/3826992/GLOBAL-CHROME-WRAP-Weaker-yuan-aids-chrome-import-price-fall-to-14-mnth-low.htmlTue, 14 Aug 2018 12:30:00 GMTCOKING COAL DAILY: Higher-than-expected transaction leaves participants stunnedThe seaborne coking coal market saw another blip on Tuesday August 14, with another transaction being concluded at a price that exceeded most expectations. http://www.metalbulletin.com/Article/3826975/COKING-COAL-DAILY-Higher-than-expected-transaction-leaves-participants-stunned.htmlTue, 14 Aug 2018 11:30:00 GMTKorea Zinc affiliate's YP zinc smelter closed till Sept for environmental reasons, sources say [UPDATED]The Sukpo zinc smelter in South Korea, which has links to major producer Korea Zinc, has been closed and will remain so until September for environmental reasons, a company source told Metal Bulletin.http://www.metalbulletin.com/Article/3826554/Korea-Zinc-affiliates-YP-zinc-smelter-closed-till-Sept-for-environmental-reasons-sources-say.htmlTue, 14 Aug 2018 11:25:00 GMTCHINA HRC: Weak demand, tight supply leave prices mixed North China’s hot-rolled coil prices continued to rise on Tuesday August 14 while those in the eastern region lost their upward momentum on thin trading.http://www.metalbulletin.com/Article/3826965/CHINA-HRC-Weak-demand-tight-supply-leave-prices-mixed.htmlTue, 14 Aug 2018 11:01:00 GMTLIVE FUTURES REPORT 14/08: LME base metals consolidate lower; zinc price falls on 10kt delivery Base metals prices on the London Metal Exchange were broadly lower during morning trading on Tuesday August 14, pressured by weaker-than-expected economic data from China and heightened volatility across currency markets. http://www.metalbulletin.com/Article/3826968/LIVE-FUTURES-REPORT-1408-LME-base-metals-consolidate-lower-zinc-price-falls-on-10kt-delivery.htmlTue, 14 Aug 2018 10:40:00 GMTCHINA REBAR: Domestic prices strengthen further on tight supplyChina’s domestic rebar prices continued to rise on Tuesday August 14 amid tight supply resulting from measures meant to lower pollution that are impeding steelmaking activity in various parts of the country. http://www.metalbulletin.com/Article/3826963/CHINA-REBAR-Domestic-prices-strengthen-further-on-tight-supply.htmlTue, 14 Aug 2018 10:14:00 GMTTata Steel forecasts strong domestic Indian demand, import risksTata Steel expects “underlying steel demand to be strong, particularly in India” in the second half of 2018, the company’s chief executive officer and managing director, TV Narendran, said on Monday August 13. http://www.metalbulletin.com/Article/3826924/Tata-Steel-forecasts-strong-domestic-Indian-demand-import-risks.htmlTue, 14 Aug 2018 09:05:00 GMTMETALS MORNING VIEW 14/08: Base metals prices consolidate near recent lows amid pause in sellingThree-month base metals prices on the London Metal Exchange consolidated higher from recent lows on the morning of Tuesday August 14 as relative calmness swept through the market to support a return of risk-on sentiment after the Turkish Lira stabilized at 6.8700 against the dollar earlier today.http://www.metalbulletin.com/Article/3826958/METALS-MORNING-VIEW-1408-Base-metals-prices-consolidate-near-recent-lows-amid-pause-in-selling.htmlTue, 14 Aug 2018 08:50:00 GMTChina AM: Ferrous futures dip after Monday's strong gainsChina’s ferrous futures were subdued during morning trading on Tuesday August 14 after strong gains a day earlier, following the release of the latest data from the National Bureau of Statistics (NBS).http://www.metalbulletin.com/Article/3826955/China-AM-Ferrous-futures-dip-after-Mondays-strong-gains.htmlTue, 14 Aug 2018 07:16:00 GMTUsiminas resumes operations in Ipatinga after gas tank explosionBrazilian steelmaker Usiminas has restarted two of three blast furnaces at its Ipatinga works and also partially resumed flat rolling operations, which were halted due to a gas tank explosion late last week.http://www.metalbulletin.com/Article/3826947/Usiminas-resumes-operations-in-Ipatinga-after-gas-tank-explosion.htmlTue, 14 Aug 2018 06:24:00 GMTLIVE FUTURES REPORT 14/08: SHFE base metals prices fall on currency volatilityBase metals prices on the Shanghai Futures Exchange succumbed to pressure from a volatile currency market during morning trading on Tuesday August 14, with the fall of the Turkish lira against the US dollar negatively affecting market sentiment.http://www.metalbulletin.com/Article/3826954/LIVE-FUTURES-REPORT-1408-SHFE-base-metals-prices-fall-on-currency-volatility.htmlTue, 14 Aug 2018 05:53:00 GMTTrading lull continues in Asia’s slab marketImport prices for steel slab in Southeast Asia and East Asia have been unchanged again over the past week amid a lack of transactions, Metal Bulletin heard on Monday August 13. http://www.metalbulletin.com/Article/3826840/Trading-lull-continues-in-Asias-slab-market.htmlTue, 14 Aug 2018 05:30:00 GMTTrade log August 2018: Cobalt sulfateChinese cobalt sulfate trade log including business, bids and offers reported to Metal Bulletin.http://www.metalbulletin.com/Article/3826177/Trade-log-August-2018-Cobalt-sulfate.htmlTue, 14 Aug 2018 03:20:00 GMTLIVE FUTURES REPORT 13/08: LME base metals prices hampered by volatile currency markets; zinc falls 2.5% Base metals prices on the London Metal Exchange were lower across the board at the close of trading on Monday August 13, hindered by widespread risk aversion amid escalating trade tensions and a tumbling Turkish lira. http://www.metalbulletin.com/Article/3826928/LIVE-FUTURES-REPORT-1308-LME-base-metals-prices-hampered-by-volatile-currency-markets-zinc-falls-25.htmlMon, 13 Aug 2018 18:00:00 GMTCIS FLAT STEEL: Buyers reject high offers on low demand, weak Turkish marketBuyers that are active in the export markets for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States have been rejecting high offers because of slow demand and the threat of price declines in Turkey. http://www.metalbulletin.com/Article/3826931/CIS-FLAT-STEEL-Buyers-reject-high-offers-on-low-demand-weak-Turkish-market.htmlMon, 13 Aug 2018 17:59:00 GMTGLOBAL MANGANESE WRAP: Chinese silico-manganese prices rise; fob India market dips Metal Bulletin’s manganese ore indices lacked direction in the week ended Friday August 10 prior to September offers, while market participants queried whether fundamentals or traders taking positions had supported alloys on the Chinese spot market. http://www.metalbulletin.com/Article/3826890/GLOBAL-MANGANESE-WRAP-Chinese-silico-manganese-prices-rise-fob-India-market-dips.htmlMon, 13 Aug 2018 17:12:00 GMTDAILY SCRAP REPORT: Lira crisis keeps steel mills out of deep-sea marketThe deep-sea scrap market remained quiet on Monday August 13, with the political crisis between the United States and Turkey sendng the Turkish lira even further down against the US dollar. http://www.metalbulletin.com/Article/3826918/DAILY-SCRAP-REPORT-Lira-crisis-keeps-steel-mills-out-of-deep-sea-market.htmlMon, 13 Aug 2018 16:59:00 GMTTURKEY FERROUS SCRAP: Melting scrap prices plummet on lira crash The Turkish domestic scrap market has plunged with the latest downturn in the country’s currency in the past week, sources said on Monday August 13. http://www.metalbulletin.com/Article/3826882/TURKEY-FERROUS-SCRAP-Melting-scrap-prices-plummet-on-lira-crash.htmlMon, 13 Aug 2018 16:37:00 GMTUK FERROUS SCRAP: August prices drop on slower demand, lower dock valuesUK ferrous scrap prices for deliveries in August have dropped due to a combination of seasonally slower domestic demand and lower dock prices to destinations such as Turkey and the Indian subcontinent, trade sources told Metal Bulletin this week. http://www.metalbulletin.com/Article/3826883/UK-FERROUS-SCRAP-August-prices-drop-on-slower-demand-lower-dock-values.htmlMon, 13 Aug 2018 16:30:00 GMTCIS LONG STEEL: Offers hold stable despite thin tradingCIS export rebar and wire rod prices remained unchanged week on week because offers were stable, however, customers in the Black Sea market showed little interest in import material after considering the situation after doubling import duties for Turkish material in the US on Friday.http://www.metalbulletin.com/Article/3826917/CIS-LONG-STEEL-Offers-hold-stable-despite-thin-trading.htmlMon, 13 Aug 2018 16:20:00 GMTGLOBAL SILICON WRAP: China export market stable, near-term price increase eyedChina’s silicon export market was stable in the week to Friday August 10 amid slow trading although Chinese market participants expect prices to rebound once buying activity picks up toward the end of August.http://www.metalbulletin.com/Article/3826757/GLOBAL-SILICON-WRAP-China-export-market-stable-near-term-price-increase-eyed.htmlMon, 13 Aug 2018 14:54:00 GMTPRICING NOTICE: Proposal to launch low-vol PCI indicesMetal Bulletin proposes to launch two low-vol pulverized coal injection (PCI) indices on a cfr China and fob Australia basis. http://www.metalbulletin.com/Article/3825978/PRICING-NOTICE-Proposal-to-launch-low-vol-PCI-indices.htmlMon, 13 Aug 2018 14:45:00 GMTGLOBAL TUNGSTEN WRAP: Summer lull continues to weigh on tungsten market Ample supply and weak demand continued to push ammonium paratungstate prices down in the week ended Friday August 10. http://www.metalbulletin.com/Article/3826841/GLOBAL-TUNGSTEN-WRAP-Summer-lull-continues-to-weigh-on-tungsten-market.htmlMon, 13 Aug 2018 14:21:00 GMTSouth32 completes $1.3bln deal to buy Arizona Mining South32 Ltd has completed the acquisition of Arizona Mining, building further on the Perth, Australia-headquartered zinc portfolio at a time of relatively limited greenfield mine supply. http://www.metalbulletin.com/Article/3826847/South32-completes-13bln-deal-to-buy-Arizona-Mining.htmlMon, 13 Aug 2018 13:50:00 GMTPhysical cobalt prices fall 2% on aggressive summer selling Physical cobalt prices dropped again last week with opportunities to restock with competitively-priced cobalt units from China continuing to fuel aggressive selling in Europe. http://www.metalbulletin.com/Article/3826843/Physical-cobalt-prices-fall-2-on-aggressive-summer-selling.htmlMon, 13 Aug 2018 13:20:00 GMTIRON ORE DAILY: Prices mixed following stricter blast furnace controls in TangshanIron ore prices rose at Chinese ports but softened in the seaborne market on Monday August 13, following news of tighter restrictions on blast furnaces at some mills in China.http://www.metalbulletin.com/Article/3826842/IRON-ORE-DAILY-Prices-mixed-following-stricter-blast-furnace-controls-in-Tangshan.htmlMon, 13 Aug 2018 12:57:00 GMTPRICING NOTICE: Correction to Metal Bulletin shredded ferrous scrap indexDue to a technical error, Metal Bulletin shredded ferrous scrap index was published incorrectly on August 10. http://www.metalbulletin.com/Article/3826844/PRICING-NOTICE-Correction-to-Metal-Bulletin-shredded-ferrous-scrap-index.htmlMon, 13 Aug 2018 12:50:00 GMTFOCUS: Asia set for influx of cheaper ferrous scrap, rebar as Turkish lira plungesMarket participants in Asia are anticipating a surge in deliveries of lower-priced United States-origin ferrous scrap and Turkish rebar in the coming weeks as Turkey's economic troubles continue. http://www.metalbulletin.com/Article/3826804/FOCUS-Asia-set-for-influx-of-cheaper-ferrous-scrap-rebar-as-Turkish-lira-plunges.htmlMon, 13 Aug 2018 12:11:00 GMTGLOBAL ANTIMONY WRAP: European prices jump on China crackdown news; Chinese market falls on oversupply fearsAntimony prices in Europe jumped last week on news of China’s smuggling crackdown efforts, while prices in China fell again on oversupply concerns.http://www.metalbulletin.com/Article/3826829/GLOBAL-ANTIMONY-WRAP-European-prices-jump-on-China-crackdown-news-Chinese-market-falls-on-oversupply.htmlMon, 13 Aug 2018 12:10:00 GMTCOKING COAL DAILY: Vessel queues in Queensland spark concern againConcerns over long vessel queues at various shipping ports in Queensland, Australia have again emerged among participants of the seaborne coking coal market. http://www.metalbulletin.com/Article/3826834/COKING-COAL-DAILY-Vessel-queues-in-Queensland-spark-concern-again.htmlMon, 13 Aug 2018 12:02:00 GMTCHINA HRC: Domestic prices surge on further production cuts China’s hot-rolled coil prices picked up on Monday August 13 after the local government in Tangshan, the country’s steelmaking hub in the northern region, stepped up efforts to restrict steel production. http://www.metalbulletin.com/Article/3826827/CHINA-HRC-Domestic-prices-surge-on-further-production-cuts.htmlMon, 13 Aug 2018 11:35:00 GMTLIVE FUTURES REPORT 13/08: Dollar pressure mounts against LME base metals; zinc down on 15kt deliveryThe prices of base metals on the London Metal Exchange were mostly lower during morning trading on Monday August 13, limited by a continued surge in the US dollar index while a plunge in Turkey’s lira sent ripples through global stock markets. http://www.metalbulletin.com/Article/3826830/LIVE-FUTURES-REPORT-1308-Dollar-pressure-mounts-against-LME-base-metals-zinc-down-on-15kt-delivery.htmlMon, 13 Aug 2018 11:06:00 GMTCHINA REBAR: Domestic market rises on billet, futures gains China’s domestic rebar market strengthened on Monday August 13 following gains upstream in the billet segment and upward price revisions by major mills, coupled with surging futures during the day. http://www.metalbulletin.com/Article/3826788/CHINA-REBAR-Domestic-market-rises-on-billet-futures-gains.htmlMon, 13 Aug 2018 11:05:00 GMTCHINA ALI SUMMIT: Domestic electrolytic ali price supported by China’s increased alumina costThe Chinese electrolytic aluminium price will edge up long-term due to the rising costs of raw materials, several contacts confirmed at the China Aluminium Industry Summit in Harbin on August 7-10.http://www.metalbulletin.com/Article/3826769/CHINA-ALI-SUMMIT-Domestic-electrolytic-ali-price-supported-by-Chinas-increased-alumina-cost.htmlMon, 13 Aug 2018 10:45:00 GMTGERMANY FERROUS SCRAP: Domestic prices inch down on weaker international pricesGerman steelmakers have settled their monthly scrap contracts for August with a drop of about €5 ($6) per tonne, sources told Metal Bulletin this week. http://www.metalbulletin.com/Article/3826760/GERMANY-FERROUS-SCRAP-Domestic-prices-inch-down-on-weaker-international-prices.htmlMon, 13 Aug 2018 10:09:00 GMTChinese yuan-denominated copper cathode premiums hit 2018 high on restocking activityTop brands of electro-refined copper cathode in China traded at premiums of 80-100 yuan ($11.70-14.60) per tonne on top of the Shanghai Futures Exchange front month copper contract price on Monday August 6, marking a fresh 2018 high for such premiums, according to market participants.http://www.metalbulletin.com/Article/3826739/Chinese-yuan-denominated-copper-cathode-premiums-hit-2018-high-on-restocking-activity.htmlMon, 13 Aug 2018 09:05:00 GMTALUMINIUM FOUNDRY WRAP: European premiums stay at record highs; US premium dips amid quiet conditionsEuropean aluminium foundry alloy premiums remained at record highs and continued to be supported by tight supply, while the US premium weakened due to a quiet spot market.http://www.metalbulletin.com/Article/3826636/ALUMINIUM-FOUNDRY-WRAP-European-premiums-stay-at-record-highs-US-premium-dips-amid-quiet-conditions.htmlMon, 13 Aug 2018 09:00:00 GMTChina AM: Ferrous futures up amid tigher blast furnace restrictions in TangshanChina’s ferrous futures, particularly the steel contracts, trended upward during morning trading on Monday August 13, amid expectations of a further drop in supply of steel from the country’s production hub of Tangshan. http://www.metalbulletin.com/Article/3826756/China-AM-Ferrous-futures-up-amid-tigher-blast-furnace-restrictions-in-Tangshan.htmlMon, 13 Aug 2018 07:44:00 GMTLIVE FUTURES REPORT 13/08: SHFE base metals prices pressured by strong dollar; aluminium supported by workers strikeBase metals prices on the Shanghai Futures Exchange were mixed during morning trading on Monday August 13, with a firmer dollar and uncertainty surrounding escalating global trade tensions fueling a reduction in investors’ appetite for the base metals. http://www.metalbulletin.com/Article/3826755/LIVE-FUTURES-REPORT-1308-SHFE-base-metals-prices-pressured-by-strong-dollar-aluminium-supported-by.htmlMon, 13 Aug 2018 07:30:00 GMTGLOBAL SLAB OUTLOOK: Turbulent prices amid quotas, maintenance, currency movesSlab prices are seeing opposing trends in major markets due to quotas in the United States, planned outages in Russia and Ukraine, and heightened caution in Asia. http://www.metalbulletin.com/Article/3826696/GLOBAL-SLAB-OUTLOOK-Turbulent-prices-amid-quotas-maintenance-currency-moves.htmlMon, 13 Aug 2018 06:30:00 GMTGLOBAL BILLET WRAP: Negative sentiment prevails, Asian markets holdSentiment in most of the global billet markets was negative in the week ended Friday August 10 amid unfavorable market conditions.http://www.metalbulletin.com/Article/3826698/GLOBAL-BILLET-WRAP-Negative-sentiment-prevails-Asian-markets-hold.htmlMon, 13 Aug 2018 00:01:00 GMTVenezuela’s HBI price falls on weak scrap marketThe export price for hot-briquetted iron (HBI) from Venezuela fell on Friday August 10 following a scrap price drop worldwide. http://www.metalbulletin.com/Article/3826685/Venezuelas-HBI-price-falls-on-weak-scrap-market.htmlFri, 10 Aug 2018 20:23:00 GMTPig iron export price from Brazil set to fall on high output, low uptakeThe pig iron export price from Brazil may soon go down due to higher production and a weak market in the United States, sources told Metal Bulletin on Friday August 10. http://www.metalbulletin.com/Article/3826682/Pig-iron-export-price-from-Brazil-set-to-fall-on-high-output-low-uptake.htmlFri, 10 Aug 2018 19:58:00 GMTEUROPE ALLOY STEEL SCRAP: Austenitic prices edge up on nickel cost in slow tradingAustenitic alloy scrap prices in Europe and the UK edged higher in Metal Bulletin’s assessments on Friday August 10 on firmer nickel costs. http://www.metalbulletin.com/Article/3826683/EUROPE-ALLOY-STEEL-SCRAP-Austenitic-prices-edge-up-on-nickel-cost-in-slow-trading.htmlFri, 10 Aug 2018 19:35:00 GMTUK SCRAP: Light iron market stable amid August settlementsThe UK light iron scrap market held steady this week, with inter-merchant prices unchanged for the second week in a row amid reports of monthly delivery contracts to domestic consumers being settled at prices around £15 per tonne lower than in July. http://www.metalbulletin.com/Article/3826681/UK-SCRAP-Light-iron-market-stable-amid-August-settlements.htmlFri, 10 Aug 2018 19:25:00 GMTWEEKLY SCRAP WRAP: Prices fall as Turkish, Taiwanese weakness damps sentimentGlobal scrap prices have declined in key regions from the levels they showed a week ago, with the weakening Turkish lira damping sentiment in what is the world’s largest scrap import market. http://www.metalbulletin.com/Article/3826684/WEEKLY-SCRAP-WRAP-Prices-fall-as-Turkish-Taiwanese-weakness-damps-sentiment.htmlFri, 10 Aug 2018 19:10:00 GMTINDIA IMPORT SCRAP: Prices decline but market remains weakPrices for containerized shredded scrap imported into India have decreased in deals reported over the past week, sources told Metal Bulletin on Friday August 10. http://www.metalbulletin.com/Article/3826678/INDIA-IMPORT-SCRAP-Prices-decline-but-market-remains-weak.htmlFri, 10 Aug 2018 19:00:00 GMTTURKEY COATED FLAT STEEL: Prices fall on slow summer demandPrices for coated steel coil products in Turkey fell in the week ended Friday August 10 amid slow demand in the local and export markets, Metal Bulletin has heard. http://www.metalbulletin.com/Article/3826567/TURKEY-COATED-FLAT-STEEL-Prices-fall-on-slow-summer-demand.htmlFri, 10 Aug 2018 18:43:00 GMTTURKEY FLAT STEEL: Market caution ramps up as US doubles tariff [UPDATE]Demand for flat steel products has remained weak in Turkey’s domestic market while demand in the export markets also softened, sources told Metal Bulletin on Friday August 10. http://www.metalbulletin.com/Article/3826562/TURKEY-FLAT-STEEL-Market-caution-ramps-up-as-US-doubles-tariff-[UPDATE].htmlFri, 10 Aug 2018 18:02:00 GMTLIVE FUTURES REPORT 10/08: LME base metals buffeted by soaring dollar; aluminium price resists The prices of base metals on the London Metal Exchange were mostly lower at the close of trading on Friday August 10, with most metals erasing their midweek surge after the dollar rocketed to its highest level in over a year. http://www.metalbulletin.com/Article/3826676/LIVE-FUTURES-REPORT-1008-LME-base-metals-buffeted-by-soaring-dollar-aluminium-price-resists.htmlFri, 10 Aug 2018 17:55:00 GMTUS PIG IRON: Buyers turn to Brazil for lower pricesDeals for pig iron in the United States this week have been restricted to Brazil-origin material because prices were lower than for material from the Commonwealth of Independent States, Metal Bulletin heard on Friday August 10. http://www.metalbulletin.com/Article/3826633/US-PIG-IRON-Buyers-turn-to-Brazil-for-lower-prices.htmlFri, 10 Aug 2018 17:55:00 GMTBATTERY RAW MATERIALS MARKET REPORT 10/08: Chinese lithium hydroxide prices drop almost 6%; cobalt prices dipAn overview of the battery raw materials markets and their price moves from the past week.http://www.metalbulletin.com/Article/3826679/BATTERY-RAW-MATERIALS-MARKET-REPORT-1008-Chinese-lithium-hydroxide-prices-drop-almost-6-cobalt-prices.htmlFri, 10 Aug 2018 17:46:00 GMTEuropean antimony prices jump on China smuggling crackdown news Antimony prices in Europe jumped above $8,000 per tonne on Friday August 10, an increase of 1.2% from the midweek assessment, fueled by the news that China has seized over 3,000 tonnes of smuggled antimony. http://www.metalbulletin.com/Article/3826666/European-antimony-prices-jump-on-China-smuggling-crackdown-news.htmlFri, 10 Aug 2018 17:41:00 GMTEUROPE STAINLESS STEEL: Price stability continues as summer lull rolls onBase prices for stainless steel flat and long products in Europe were assessed unchanged for the ninth consecutive week on Friday August 10. http://www.metalbulletin.com/Article/3826634/EUROPE-STAINLESS-STEEL-Price-stability-continues-as-summer-lull-rolls-on.htmlFri, 10 Aug 2018 17:30:00 GMTPOLAND REBAR: Strong demand pushes up domestic pricesDomestic prices for rebar in Poland have increased slightly over the past week on strong demand, sources told Metal Bulletin on Friday August 10. http://www.metalbulletin.com/Article/3826631/POLAND-REBAR-Strong-demand-pushes-up-domestic-prices.htmlFri, 10 Aug 2018 17:18:00 GMTNON-FERROUS WEEK IN BRIEF 10/08: China tariffs; LME warehousing update; antimony seized in crack-down; ferro-molybdenum prices fall 3%Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.http://www.metalbulletin.com/Article/3826600/NON-FERROUS-WEEK-IN-BRIEF-1008-China-tariffs-LME-warehousing-update-antimony-seized-in-crack-down.htmlFri, 10 Aug 2018 17:15:00 GMTCHINA ALI SUMMIT: Chinese bauxite deficit could lead to higher domestic alumina prices Chinese alumina prices could rise due to declining domestic bauxite quality, with refineries turning to seaborne markets to supplement raw material supply, delegates heard at the China Aluminium Industry Summit in Harbin on August 7-10. http://www.metalbulletin.com/Article/3826316/CHINA-ALI-SUMMIT-Chinese-bauxite-deficit-could-lead-to-higher-domestic-alumina-prices.htmlFri, 10 Aug 2018 17:04:00 GMTDAILY SCRAP REPORT: Mills continue to struggle as lira crashesTurkish steel producers have continued to struggle with the weakening lira and only those mills that required scrap urgently were in the market, sources said on Friday August 10. http://www.metalbulletin.com/Article/3826559/DAILY-SCRAP-REPORT-Mills-continue-to-struggle-as-lira-crashes.htmlFri, 10 Aug 2018 16:45:00 GMTDonald Trump doubles Section 232 tariffs for Turkish steelUnited States president Donald Trump said on Friday August 10 that he has authorized higher tariffs on imports from Turkey, imposing a 20% duty on aluminum and 50% duty on steel. http://www.metalbulletin.com/Article/3826557/Donald-Trump-doubles-Section-232-tariffs-for-Turkish-steel.htmlFri, 10 Aug 2018 16:40:00 GMTMINOR METALS MARKET REPORT 10/08: Antimony moves up on China antimony smuggling newsAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3826561/MINOR-METALS-MARKET-REPORT-1008-Antimony-moves-up-on-China-antimony-smuggling-news.htmlFri, 10 Aug 2018 16:22:00 GMTLIVE FUTURES REPORT 10/08: Comex copper price erases gains on dollar surge Comex copper prices staggered lower on Friday August 10, after hitting a one-week high yesterday, amid a surging dollar and continued worries over US trade policy. http://www.metalbulletin.com/Article/3826558/LIVE-FUTURES-REPORT-1008-Comex-copper-price-erases-gains-on-dollar-surge.htmlFri, 10 Aug 2018 15:39:00 GMTGLOBAL LITHIUM WRAP: China’s lithium prices continue to fall on quiet tradeChina’s domestic spot battery-grade lithium carbonate prices remain under downward pressure this week, with fewer suppliers making higher offers. http://www.metalbulletin.com/Article/3826511/GLOBAL-LITHIUM-WRAP-Chinas-lithium-prices-continue-to-fall-on-quiet-trade.htmlFri, 10 Aug 2018 13:00:00 GMTIRON ORE DAILY: Lower port prices dampen seaborne buying activityTrading activity in the seaborne iron ore market remained lackluster on Friday August 10 due to a wide gap between its prices in comparison with those charged for materials at Chinese ports.http://www.metalbulletin.com/Article/3826507/IRON-ORE-DAILY-Lower-port-prices-dampen-seaborne-buying-activity.htmlFri, 10 Aug 2018 12:23:00 GMTBHP settles $50m US class action complaint over Samarco dam failureBHP has settled a class action complaint in the United States in relation to the Samarco dam failure in Brazil that took place in 2015, the miner said on Thursday August 9. http://www.metalbulletin.com/Article/3826499/BHP-settles-50m-US-class-action-complaint-over-Samarco-dam-failure.htmlFri, 10 Aug 2018 12:12:00 GMTCHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: Export prices rebound from floor, domestic prices flat Key data from the Wednesday August 8 pricing session in Asia. http://www.metalbulletin.com/Article/3826477/CHINA-ALUMINIUM-INGOT-ADC-12-SNAPSHOT-Export-prices-rebound-from-floor-domestic-prices-flat.htmlFri, 10 Aug 2018 12:03:00 GMTCOKING COAL DAILY: fob Australia prices pick upThe fob Australia segment of the seaborne coking coal market appears to be gaining more strength in comparison with the more lukewarm cfr China segment. http://www.metalbulletin.com/Article/3826481/COKING-COAL-DAILY-fob-Australia-prices-pick-up.htmlFri, 10 Aug 2018 11:59:00 GMTLIVE FUTURES REPORT 10/08: LME base metals prices under dollar pressure; zinc prices fall 2.6% Base metals prices on the London Metal Exchange were lower across the board during morning trading on Friday August 10, capped by a fresh 2018 high in the dollar index while the escalating US-Sino trade rift continues to weigh on the complex. http://www.metalbulletin.com/Article/3826476/LIVE-FUTURES-REPORT-1008-LME-base-metals-prices-under-dollar-pressure-zinc-prices-fall-26.htmlFri, 10 Aug 2018 11:45:00 GMTCHINA HRC: Thin trading keeping market steady China’s hot-rolled coil prices were largely stable on Friday August 10, with domestic prices remaining relatively high due to balanced supply and demand, while export prices could weaken as a result of sparse trading. http://www.metalbulletin.com/Article/3826475/CHINA-HRC-Thin-trading-keeping-market-steady.htmlFri, 10 Aug 2018 11:21:00 GMTCHINA REBAR: Domestic prices recover following futures gainsChina’s domestic rebar prices rose slightly on Friday August 10 after futures increases in the early trading hours. http://www.metalbulletin.com/Article/3826441/CHINA-REBAR-Domestic-prices-recover-following-futures-gains.htmlFri, 10 Aug 2018 10:46:00 GMTBREAKING NEWS: Over 3,000t of smuggled antimony seized by Chinese customsOver 3,000 tonnes of antimony have been seized in a smuggling crack-down operation over the past two days by Chinese customs officials, several sources familiar with the matter told Metal Bulletin. http://www.metalbulletin.com/Article/3826433/BREAKING-NEWS-Over-3000t-of-smuggled-antimony-seized-by-Chinese-customs.htmlFri, 10 Aug 2018 09:07:00 GMTChina AM: Steel futures climb on bullish sentimentChina’s ferrous futures were mixed during morning trading on Friday August 10 with raw materials contracts largely stable while those for steel climbed amid bullish sentiment resulting from plans for stricter winter production cuts this year. http://www.metalbulletin.com/Article/3826429/China-AM-Steel-futures-climb-on-bullish-sentiment.htmlFri, 10 Aug 2018 06:59:00 GMTLIVE FUTURES REPORT 10/08: Stronger US dollar, trade tensions weigh on SHFE base metal sector; copper finds supportBase metals prices on the Shanghai Futures Exchange were broadly lower during morning trading on Friday August 10 amid a stronger dollar and ongoing trade tensions between China and the United States.http://www.metalbulletin.com/Article/3826428/LIVE-FUTURES-REPORT-1008-Stronger-US-dollar-trade-tensions-weigh-on-SHFE-base-metal-sector-copper.htmlFri, 10 Aug 2018 04:40:00 GMTMolybdenum markets drop around 3% due to slower demandMolybdic oxide and ferro-molybdenum prices in Europe have dropped by about 3% so far in the week that began on Monday August 6, after strengthening to three-month peaks the week before, in line with domestic consumer demand. http://www.metalbulletin.com/Article/3826403/Molybdenum-markets-drop-around-3-due-to-slower-demand.htmlThu, 09 Aug 2018 20:00:00 GMTITALY HBI: Price falls on further scrap weaknessThe import market for hot-briquetted iron (HBI) in Italy has fallen in the wake of the price decline in the steel scrap market, sources told Metal Bulletin on Thursday August 9. http://www.metalbulletin.com/Article/3826400/ITALY-HBI-Price-falls-on-further-scrap-weakness.htmlThu, 09 Aug 2018 19:37:00 GMTLIVE FUTURES REPORT 09/08: LME aluminium price edges down; copper, tin find supportThe price movements of base metals on the London Metal Exchange were mixed at the close of trading on Thursday August 9, typified by sharp drops in the prices of aluminium and nickel, while copper found support despite two consecutive days of stock inflows. http://www.metalbulletin.com/Article/3826396/LIVE-FUTURES-REPORT-0908-LME-aluminium-price-edges-down-copper-tin-find-support.htmlThu, 09 Aug 2018 18:28:00 GMTCIS PIG IRON: Market falls quiet on sliding scrap costsBuyers and sellers in the pig iron export market in the Commonwealth of Independent States were in wait-and-see mode in the week to Thursday August 9, because of the current fall in scrap prices. http://www.metalbulletin.com/Article/3826391/CIS-PIG-IRON-Market-falls-quiet-on-sliding-scrap-costs.htmlThu, 09 Aug 2018 18:00:00 GMTEGYPT STEEL BILLET, REBAR: Lack of demand lowers billet prices, rebar stableSteel billet import prices in Egypt continued to fall in the week to Thursday August 9 as buying activity remained limited by the holiday season and the expectation that finished long steel prices will soon drop as a result of lower scrap prices. http://www.metalbulletin.com/Article/3826385/EGYPT-STEEL-BILLET-REBAR-Lack-of-demand-lowers-billet-prices-rebar-stable.htmlThu, 09 Aug 2018 17:32:00 GMTCIS STEEL BILLET: Prices soften with no market supportCIS export billet prices softened somewhat on Thursday August 9 with a lack of supporting factors in the market, Metal Bulletin has heard. http://www.metalbulletin.com/Article/3826388/CIS-STEEL-BILLET-Prices-soften-with-no-market-support.htmlThu, 09 Aug 2018 17:20:00 GMTTURKEY STEEL BILLET: Import prices down on weak demandImported billet prices in Turkey have gone down this week on subdued demand, while domestic prices went up slightly due to the weakness of the lira, sources said on Thursday August 9. http://www.metalbulletin.com/Article/3826378/TURKEY-STEEL-BILLET-Import-prices-down-on-weak-demand.htmlThu, 09 Aug 2018 16:45:00 GMTDAILY SCRAP REPORT: Baltic Sea cargo sends prices down, demand remains poorTurkish deep-sea scrap import prices have gone down with the news of a fresh Baltic Sea cargo, despite overall demand still being very weak, sources said on Thursday August 9. http://www.metalbulletin.com/Article/3826382/DAILY-SCRAP-REPORT-Baltic-Sea-cargo-sends-prices-down-demand-remains-poor.htmlThu, 09 Aug 2018 16:43:00 GMTThe lithium-ion battery boom and its impact on raw material marketsThe electrification of vehicles and the need to store electricity generated by renewable energy sources - mainly solar and wind - point to huge demand for lithium-ion batteries. http://www.metalbulletin.com/Article/3825438/The-lithium-ion-battery-boom-and-its-impact-on-raw-material-markets.htmlThu, 09 Aug 2018 16:32:00 GMTTURKEY LONG STEEL EXPORTS: Prices down on weak demand, softer scrap costsTurkish rebar and wire rod export prices have gone down over the past week in line with the weak demand and falling imported scrap prices, sources said on Thursday August 9. http://www.metalbulletin.com/Article/3826345/TURKEY-LONG-STEEL-EXPORTS-Prices-down-on-weak-demand-softer-scrap-costs.htmlThu, 09 Aug 2018 15:35:00 GMTLIVE FUTURES REPORT 09/08: Comex copper hits 1-wk high despite stronger dollarComex copper prices hit a one-week high Thursday August 9 morning in the US amid a general technical increase across the base metals complex.http://www.metalbulletin.com/Article/3826255/LIVE-FUTURES-REPORT-0908-Comex-copper-hits-1-wk-high-despite-stronger-dollar.htmlThu, 09 Aug 2018 15:00:00 GMTCHINA REBAR: Domestic prices keep falling amid sparse trading China’s domestic rebar prices remained on a downward trend on Thursday August 9, with little trading activity apparent in the market.http://www.metalbulletin.com/Article/3826207/CHINA-REBAR-Domestic-prices-keep-falling-amid-sparse-trading.htmlThu, 09 Aug 2018 13:25:00 GMTCHINA HRC: Prices drop on sparse tradingChina’s hot-rolled coil prices fell on Thursday August 9, dragged down by low demand. http://www.metalbulletin.com/Article/3826213/CHINA-HRC-Prices-drop-on-sparse-trading.htmlThu, 09 Aug 2018 12:56:00 GMTLIVE FUTURES REPORT 09/08: Surge in LME aluminium price spurs complex gains; copper climbs 1% Aluminium prices on the London Metal Exchange climbed 0.5% during morning trading on Thursday August 9, elevating a buffeted complex following the light metal’s 3.2% surge at the close of trading on Wednesday. http://www.metalbulletin.com/Article/3826222/LIVE-FUTURES-REPORT-0908-Surge-in-LME-aluminium-price-spurs-complex-gains-copper-climbs-1.htmlThu, 09 Aug 2018 10:52:00 GMTLithium pricing evolution and the role of price reporting agenciesSurging investment across the battery raw materials supply chain, stemming from growing demand for electric vehicles, has fueled an increasing appetite for transparent market intelligence. http://www.metalbulletin.com/Article/3826211/Lithium-pricing-evolution-and-the-role-of-price-reporting-agencies.htmlThu, 09 Aug 2018 10:04:00 GMTChinese cobalt sulfate prices continue to slide, but at slower paceChinese cobalt sulfate prices continued to edge lower, although the pace of decline has slowed as spot prices have fallen to below production costs. http://www.metalbulletin.com/Article/3826201/Chinese-cobalt-sulfate-prices-continue-to-slide-but-at-slower-pace.htmlThu, 09 Aug 2018 09:45:00 GMTMETALS MORNING VIEW 09/08: Buying interest in base metals piqued Three-month base metals prices on the London Metal Exchange were positively higher in the morning of Thursday August 9, with the complex up an average of 0.4%. http://www.metalbulletin.com/Article/3825647/METALS-MORNING-VIEW-0908-Buying-interest-in-base-metals-piqued.htmlThu, 09 Aug 2018 09:45:00 GMT East Asian stainless steel market stable on unchanged fundamentalsImport prices for stainless steel in East Asia kept largely steady over the past week, amid stable domestic demand in China and tepid regional demand.http://www.metalbulletin.com/Article/3826191/East-Asian-stainless-steel-market-stable-on-unchanged-fundamentals.htmlThu, 09 Aug 2018 08:20:00 GMTChina AM: Ferrous futures mixed on unclear sentimentChina’s ferrous futures were mixed in the morning trading of August 9 on unclear sentiment. Carbon steel and raw materials contracts diverged in price direction.http://www.metalbulletin.com/Article/3826182/China-AM-Ferrous-futures-mixed-on-unclear-sentiment.htmlThu, 09 Aug 2018 05:33:00 GMTLIVE FUTURES REPORT 09/08: SHFE base metals prices mostly down on stronger US dollar; aluminium bucks trendBase metals prices on the Shanghai Futures Exchange were broadly lower during morning trading on Thursday August 9, although aluminum bucked the trend with a 2.35% gain.http://www.metalbulletin.com/Article/3826184/LIVE-FUTURES-REPORT-0908-SHFE-base-metals-prices-mostly-down-on-stronger-US-dollar-aluminium-bucks.htmlThu, 09 Aug 2018 05:06:00 GMTLIVE FUTURES REPORT 08/08: LME aluminium price rockets 3.2% on Alcoa strike; nickel edges above $14,000/t Aluminium prices on the London Metal Exchange soared by more than 3% at the close of trading on Wednesday August 8, buoyed by strike action at Alcoa’s Pinjarra alumina refinery, while tit-for-tat tariffs continue to limit confidence in commodity investment. http://www.metalbulletin.com/Article/3826139/LIVE-FUTURES-REPORT-0808-LME-aluminium-price-rockets-32-on-Alcoa-strike-nickel-edges-above-14000t.htmlWed, 08 Aug 2018 17:55:00 GMTTURKEY PIPE EXPORTS: Prices up despite soft demandTurkish pipe export prices have strengthened in August with the support of higher price expectations from CIS and Chinese flat steel suppliers, even though demand is still subdued, sources said on Wednesday August 8. http://www.metalbulletin.com/Article/3826091/TURKEY-PIPE-EXPORTS-Prices-up-despite-soft-demand.htmlWed, 08 Aug 2018 17:22:00 GMTBISMUTH SNAPSHOT: European prices slip at top end as sellers outnumber buyers Key data from the Wednesday August 8 pricing session in London. http://www.metalbulletin.com/Article/3826127/BISMUTH-SNAPSHOT-European-prices-slip-at-top-end-as-sellers-outnumber-buyers.htmlWed, 08 Aug 2018 17:02:00 GMTEUROPE HRC: Domestic prices pick up before market goes quiet for August Domestic prices for hot-rolled coil (HRC) in Europe have moved up over the past week, supported by the effects from the recent regional safeguard case, sources told Metal Bulletin on Wednesday August 8. http://www.metalbulletin.com/Article/3826128/EUROPE-HRC-Domestic-prices-pick-up-before-market-goes-quiet-for-August.htmlWed, 08 Aug 2018 17:00:00 GMTEUROPE SECTIONS: Trading thin during summer holiday break Prices for domestic hollow steel sections made in Europe remained flat on thin trading this week due to summer holidays across the continent, sources told Metal Bulletin on Wednesday August 8.http://www.metalbulletin.com/Article/3826046/EUROPE-SECTIONS-Trading-thin-during-summer-holiday-break.htmlWed, 08 Aug 2018 17:00:00 GMTSOUTHERN EUROPE REBAR: Prices remain strong as market enters holiday slowdownPrices for rebar produced and delivered in Southern Europe remained unchanged at their recent high levels over the past week as the market entered the seasonal holiday slowdown, sources told Metal Bulletin on Wednesday August 8. http://www.metalbulletin.com/Article/3826039/SOUTHERN-EUROPE-REBAR-Prices-remain-strong-as-market-enters-holiday-slowdown.htmlWed, 08 Aug 2018 16:59:00 GMTAlcoa workers on strike until Aug 17 in Australia; ali price up 3% Alcoa workers have gone on strike in Western Australia due to a breakdown between the company and Australian Workers’ Union (AWU) officials representing the workers. http://www.metalbulletin.com/Article/3826129/Alcoa-workers-on-strike-until-Aug-17-in-Australia-ali-price-up-3.htmlWed, 08 Aug 2018 16:51:00 GMTDAILY SCRAP REPORT: Struggling lira keeps mills away from scrap marketThe weak Turkish lira continued to keep the country's steelmakers out of the deep-sea scrap market on Wednesday August 8. http://www.metalbulletin.com/Article/3826123/DAILY-SCRAP-REPORT-Struggling-lira-keeps-mills-away-from-scrap-market.htmlWed, 08 Aug 2018 16:46:00 GMTNORTHERN EUROPE REBAR: Prices stable amid August market slowdownPrices for rebar produced and delivered in Northern Europe have been unchanged over the past week, amid low market activity because of the summer holiday period, sources told Metal Bulletin on Wednesday August 8. http://www.metalbulletin.com/Article/3826035/NORTHERN-EUROPE-REBAR-Prices-stable-amid-August-market-slowdown.htmlWed, 08 Aug 2018 16:24:00 GMTChinese zinc smelters achieve significant hikes for domestic TCs A number of Chinese zinc smelters have managed to introduce long-awaited, and significant, increases to domestic treatment charges (TC) in the first week August. http://www.metalbulletin.com/Article/3825971/Chinese-zinc-smelters-achieve-significant-hikes-for-domestic-TCs.htmlWed, 08 Aug 2018 16:19:00 GMTAutilla receives notice of wind-up petition under corporate insolvency act Fintech firm Autilla has received a High Court notice of a petition to wind up the company under the corporate insolvency act. http://www.metalbulletin.com/Article/3825984/Autilla-receives-notice-of-wind-up-petition-under-corporate-insolvency-act.htmlWed, 08 Aug 2018 13:40:00 GMTLME tightens warehouse third-party agreements after WWS landlords exercised right to retain metalThe London Metal Exchange has undertaken a review of its warehousing network and tightened up rules surrounding third-party landlords following the delisting of warehousing company Worldwide Warehouse Solutions (WWS). http://www.metalbulletin.com/Article/3825982/LME-tightens-warehouse-third-party-agreements-after-WWS-landlords-exercised-right-to-retain-metal.htmlWed, 08 Aug 2018 13:18:00 GMTINTL FCStone’s precious metals unit to use blockchain technology for post-trade needs The London-based precious metals division of INTL FCStone is to use blockchain technology developed by Paxos for its post-trade needs, the company said. http://www.metalbulletin.com/Article/3825899/INTL-FCStones-precious-metals-unit-to-use-blockchain-technology-for-post-trade-needs.htmlWed, 08 Aug 2018 13:00:00 GMTCHINA STEEL SPOTLIGHT: Stricter winter production cuts to support domestic pricesStricter winter production cuts in China from October are expected to have a significant influence on the entire domestic steel market in comparison with the last heating season, industry sources told Metal Bulletin this week.http://www.metalbulletin.com/Article/3825924/CHINA-STEEL-SPOTLIGHT-Stricter-winter-production-cuts-to-support-domestic-prices.htmlWed, 08 Aug 2018 12:30:00 GMTIRON ORE DAILY: Seaborne trading activity still thin, offers weakenTrading activity in the seaborne iron ore market remained low on Wednesday August 8 with a few offers being made below previous levels.http://www.metalbulletin.com/Article/3825979/IRON-ORE-DAILY-Seaborne-trading-activity-still-thin-offers-weaken.htmlWed, 08 Aug 2018 12:15:00 GMTHKEX commodities H118 earnings down 20%, revenue falls 2%The Hong Kong Exchanges’ commodities segment posted a 20% year-on-year decline in its earnings before interest tax depreciation and amortization (Ebitda) to HK$352 million ($44.8 million) in the first half of 2018, due to lower fees and higher operating expenses.http://www.metalbulletin.com/Article/3825949/HKEX-commodities-H118-earnings-down-20-revenue-falls-2.htmlWed, 08 Aug 2018 11:50:00 GMTCOKING COAL DAILY: Prices spike but market participants unconvincedThe price of premium hard coking coal in the seaborne market breached the $190-per-tonne-cfr-China mark on Wednesday August 8, leaving some participants surprised at the pace of increases in this segment of the steelmaking raw material since the beginning of this month.http://www.metalbulletin.com/Article/3825963/COKING-COAL-DAILY-Prices-spike-but-market-participants-unconvinced.htmlWed, 08 Aug 2018 11:32:00 GMTGLOBAL ZINC & LEAD WRAP: Persistent backwardation puts a lid on zinc premiums; US sanctions on Iran boost lead premiums in India Zinc premiums across Europe, the United States and Asia were largely steady in the week to Tuesday August 7 after the London Metal Exchange cash/three-month backwardation kept buying appetite low.http://www.metalbulletin.com/Article/3825922/GLOBAL-ZINC-and-LEAD-WRAP-Persistent-backwardation-puts-a-lid-on-zinc-premiums-US-sanctions-on-Iran.htmlWed, 08 Aug 2018 11:17:00 GMTLIVE FUTURES REPORT 08/08: LME base metals firm on weaker US dollar; copper down 0.4%Base metals on the London Metal Exchange were mostly higher during morning trading on Wednesday August 8, supported by strong earnings figures from the United States as well as a slight uptick in the Chinese yuan. http://www.metalbulletin.com/Article/3825966/LIVE-FUTURES-REPORT-0808-LME-base-metals-firm-on-weaker-US-dollar-copper-down-04.htmlWed, 08 Aug 2018 11:15:00 GMTAustralia's Port Hedland iron ore exports dip to 5-month low in JulyIron ore export volumes from Western Australia’s Port Hedland fell to a five-month low in July - the first drop since March. http://www.metalbulletin.com/Article/3825941/Australias-Port-Hedland-iron-ore-exports-dip-to-5-month-low-in-July.htmlWed, 08 Aug 2018 10:58:00 GMTCHINA HRC: Prices largely stable amid mixed sentimentChina’s hot-rolled coil prices were largely stable on Wednesday August 8 amid mixed sentiment among market participants.http://www.metalbulletin.com/Article/3825951/CHINA-HRC-Prices-largely-stable-amid-mixed-sentiment.htmlWed, 08 Aug 2018 10:45:00 GMTCHINA REBAR: Domestic prices fall again amid inactivity China’s domestic rebar prices retreated on Wednesday August 8 amid persistently weak demand. http://www.metalbulletin.com/Article/3825947/CHINA-REBAR-Domestic-prices-fall-again-amid-inactivity.htmlWed, 08 Aug 2018 10:13:00 GMTGLOBAL TIN WRAP: European premiums tick higher despite summer lull; Asia, US rates steady Tin premiums in Europe inched up at the low end of the range on Tuesday August 7 with deals reported within the new range, while premiums in the United States and China held steady on abundant supply and sparse spot activity. http://www.metalbulletin.com/Article/3825936/GLOBAL-TIN-WRAP-European-premiums-tick-higher-despite-summer-lull-Asia-US-rates-steady.htmlWed, 08 Aug 2018 10:05:00 GMTGLOBAL COPPER WRAP: US market grapples with tariffs; Chinese premiums tick upCopper cathode premiums in China ticked up in the week to Tuesday August 7, while the European and US markets were flat.http://www.metalbulletin.com/Article/3825900/GLOBAL-COPPER-WRAP-US-market-grapples-with-tariffs-Chinese-premiums-tick-up.htmlWed, 08 Aug 2018 09:45:00 GMTChina’s iron ore imports rebound in JulyChina’s iron ore import volumes bounced up in July after a contraction in June. http://www.metalbulletin.com/Article/3825933/Chinas-iron-ore-imports-rebound-in-July.htmlWed, 08 Aug 2018 09:22:00 GMTSeaborne manganese ore, chrome ore suppliers face increasing competition with Chinese port pricesSuppliers of seaborne manganese ore and chrome ore are increasingly having to compete with spot prices in Chinese ports, due to buyers’ reluctance to import amid high stocks, negative currency moves and downside price risk, according to market participants. http://www.metalbulletin.com/Article/3825935/Seaborne-manganese-ore-chrome-ore-suppliers-face-increasing-competition-with-Chinese-port-prices.htmlWed, 08 Aug 2018 08:54:00 GMTChina AM: Ferrous futures rise on news of extended winter production cutsChina’s ferrous futures strengthened during morning trading on Wednesday August 8, with steel and coke contracts posting solid gains at the end of the session on news of winter production cuts being extended by two months.http://www.metalbulletin.com/Article/3825926/China-AM-Ferrous-futures-rise-on-news-of-extended-winter-production-cuts.htmlWed, 08 Aug 2018 08:27:00 GMTChina’s CRC, HDG prices soften on weak yuan, sluggish demandExport prices for Chinese cold-rolled and hot-dipped galvanized coil dipped over the past week amid a depreciating yuan and low buying interest, although healthy domestic trading activity provided some support to the export segment.http://www.metalbulletin.com/Article/3825929/Chinas-CRC-HDG-prices-soften-on-weak-yuan-sluggish-demand.htmlWed, 08 Aug 2018 07:44:00 GMTChina’s plate export prices steady amid weakening yuan, strengthening domestic marketExport prices for China’s steel plate were largely flat in the past week, with a depreciating yuan appearing to nullify the effects of rising domestic prices.http://www.metalbulletin.com/Article/3825927/Chinas-plate-export-prices-steady-amid-weakening-yuan-strengthening-domestic-market.htmlWed, 08 Aug 2018 06:59:00 GMTLIVE FUTURES REPORT 08/08: SHFE base metals prices broadly positive; nickel rises 1.3%Base metals prices on the Shanghai Futures Exchange were broadly up during morning trading on Wednesday August 8, with nickel leading the complex higher for the third consecutive trading day.http://www.metalbulletin.com/Article/3825928/LIVE-FUTURES-REPORT-0808-SHFE-base-metals-prices-broadly-positive-nickel-rises-13.htmlWed, 08 Aug 2018 06:20:00 GMTChina’s export prices for wire rod widen downward on soft demandExport prices for Chinese wire rod widened downward over the past week on inactivity.http://www.metalbulletin.com/Article/3825921/Chinas-export-prices-for-wire-rod-widen-downward-on-soft-demand.htmlWed, 08 Aug 2018 05:52:00 GMTGLOBAL ALUMINIUM WRAP: Weak demand weighs on premiumsUpward corrections of aluminium premiums worldwide have come to a stop - at least temporarily - due to slack demand for spot P1020 and the reintroduction of metal sourced from UC Rusal into company inventories.http://www.metalbulletin.com/Article/3825889/GLOBAL-ALUMINIUM-WRAP-Weak-demand-weighs-on-premiums.htmlWed, 08 Aug 2018 03:30:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 07/08A summary of base metals premiums from across the globe for the week to Tuesday August 7.http://www.metalbulletin.com/Article/3825902/WEEKLY-BASE-METAL-PREMIUMS-REPORT-0708.htmlTue, 07 Aug 2018 21:00:00 GMTBrazilian domestic rebar prices rise on reduced competition, higher costsBrazil’s domestic rebar prices rose last month after local producers were able to successfully apply price increases due to lower competition, increased transportation costs and a slight recovery in the construction sector. http://www.metalbulletin.com/Article/3825392/Brazilian-domestic-rebar-prices-rise-on-reduced-competition-higher-costs.htmlTue, 07 Aug 2018 19:20:00 GMTLIVE FUTURES REPORT 07/08: LME base metals climb on US economic strength; lead price appreciates 1.5%Base metals on the London Metal Exchange edged higher at the close of trading on Tuesday August 7, with lead prices climbing 1.5% amid a bout of positivity across the commodities landscape.http://www.metalbulletin.com/Article/3825884/LIVE-FUTURES-REPORT-0708-LME-base-metals-climb-on-US-economic-strength-lead-price-appreciates-15.htmlTue, 07 Aug 2018 17:45:00 GMTDAILY SCRAP REPORT: Currency fluctuations keep mills out of deep-sea marketsTurkish steel producers went quiet again on Tuesday August 7 after a sharp decline in the exchange value of the country’s currency. http://www.metalbulletin.com/Article/3825742/DAILY-SCRAP-REPORT-Currency-fluctuations-keep-mills-out-of-deep-sea-markets.htmlTue, 07 Aug 2018 16:20:00 GMTLIVE FUTURES REPORT 07/08: Comex copper rebounds Tuesday morningComex copper prices recovered Tuesday morning in the US with supply concerns outweighing fears over a global trade war. http://www.metalbulletin.com/Article/3825738/LIVE-FUTURES-REPORT-0708-Comex-copper-rebounds-Tuesday-morning.htmlTue, 07 Aug 2018 15:45:00 GMTGULF STEEL BILLET, REBAR: Rebar prices fall as demand remains weakPrices for imported rebar in the United Arab Emirates decreased on Tuesday August 7, with demand limited for seasonal reasons, sources told Metal Bulletin. http://www.metalbulletin.com/Article/3825740/GULF-STEEL-BILLET-REBAR-Rebar-prices-fall-as-demand-remains-weak.htmlTue, 07 Aug 2018 15:05:00 GMTGULF FLAT STEEL IMPORTS: Prices nudge upward but demand still lowThere was some upward movement in flat steel import prices in the United Arab Emirates and Saudi Arabia this week but demand remains poor, sources told Metal Bulletin on Tuesday August 7. http://www.metalbulletin.com/Article/3825734/GULF-FLAT-STEEL-IMPORTS-Prices-nudge-upward-but-demand-still-low.htmlTue, 07 Aug 2018 14:50:00 GMTCIS STEEL BILLET: Prices stable in quiet market, but sentiment turns negativeCIS export billet prices remained unchanged on Tuesday August 7 when there was almost no trading activity in the Black Sea market. http://www.metalbulletin.com/Article/3825695/CIS-STEEL-BILLET-Prices-stable-in-quiet-market-but-sentiment-turns-negative.htmlTue, 07 Aug 2018 13:30:00 GMTIRON ORE DAILY: Prices strengthen despite buyer caution in seaborne marketPhysical iron ore traded at steady or higher prices on Tuesday August 7, with seaborne activity limited amid buyer caution over the 62% Fe price approaching $70 per tonne. http://www.metalbulletin.com/Article/3825675/IRON-ORE-DAILY-Prices-strengthen-despite-buyer-caution-in-seaborne-market.htmlTue, 07 Aug 2018 13:15:00 GMTSoutheast Asia’s billet prices flat on thin demandImport prices for steel billet in Southeast Asia were unchanged on Tuesday August 7 amid sluggish trading activity due to sustained weak demand, while cheaper induction-furnace materials were on offer to the region.http://www.metalbulletin.com/Article/3825668/Southeast-Asias-billet-prices-flat-on-thin-demand.htmlTue, 07 Aug 2018 12:40:00 GMTChinese lead smelters could face collateral damage in China's latest import tariff threatChina’s imposition of a 10% tariff on US lead concentrate imports is likely to pose difficulties for its already beleaguered smelting industry, as well as its intended target, American miners. http://www.metalbulletin.com/Article/3825614/Chinese-lead-smelters-could-face-collateral-damage-in-Chinas-latest-import-tariff-threat.htmlTue, 07 Aug 2018 11:49:00 GMTCOKING COAL DAILY: Screen trade pushes seaborne prices upwardThe seaborne coking coal spot market appears to be gaining further support on Tuesday August 7, with a cargo of premium hard coking coal fetching a higher price than previously on Global Coal. http://www.metalbulletin.com/Article/3825669/COKING-COAL-DAILY-Screen-trade-pushes-seaborne-prices-upward.htmlTue, 07 Aug 2018 11:41:00 GMTCHINA HRC: Domestic prices mixed but still highChina’s domestic hot-rolled coil prices remained relatively high despite moving in opposite directions on Tuesday August 7 amid expectations of a drop in supply in the near future, while export prices continued to decline amid sparse trading. http://www.metalbulletin.com/Article/3825667/CHINA-HRC-Domestic-prices-mixed-but-still-high.htmlTue, 07 Aug 2018 11:25:00 GMTLIVE FUTURES REPORT 07/08: LME base metals prices supported by rebound in Asian equities; trade tensions persist Base metals on the London Metal Exchange pushed higher during morning trading on Tuesday August 7, sustained by a marginal downtick in the dollar while a rebound in Chinese stock markets caused Asian equities to firm. http://www.metalbulletin.com/Article/3825665/LIVE-FUTURES-REPORT-0708-LME-base-metals-prices-supported-by-rebound-in-Asian-equities-trade-tensions.htmlTue, 07 Aug 2018 10:47:00 GMTGLOBAL MANGANESE WRAP: Low-grade ore prices weaken in China, demand remains subduedLow-grade manganese ore prices continued to slide in the week ended Friday August 3, with currency moves and high stocks knocking demand.http://www.metalbulletin.com/Article/3825645/GLOBAL-MANGANESE-WRAP-Low-grade-ore-prices-weaken-in-China-demand-remains-subdued.htmlTue, 07 Aug 2018 10:20:00 GMTCHINA REBAR: Domestic prices rise on billet gains China’s domestic rebar prices picked up some strength on Tuesday August 7 following gains in the billet market. http://www.metalbulletin.com/Article/3825648/CHINA-REBAR-Domestic-prices-rise-on-billet-gains.htmlTue, 07 Aug 2018 10:10:00 GMTMETALS MORNING VIEW 07/08: Metals prices generally firmerFollowing a lackluster start to the trading week, the three-month base metals prices on the London Metal Exchange were mostly stronger on the morning of Tuesday August 7 amid bouts of bargain hunting, with the complex up by an average of 0.3%.http://www.metalbulletin.com/Article/3825421/METALS-MORNING-VIEW-0708-Metals-prices-generally-firmer.htmlTue, 07 Aug 2018 08:48:00 GMTChina AM: Ferrous futures fall on cooling sentimentChina’s ferrous futures were subdued during morning trading on Tuesday August 7, with both steel and steelmaking raw materials contracts ending the session lower on cooling sentiment. http://www.metalbulletin.com/Article/3825644/China-AM-Ferrous-futures-fall-on-cooling-sentiment.htmlTue, 07 Aug 2018 07:18:00 GMTGLOBAL VANADIUM WRAP: European vanadium market softens on profit-taking with consumer demand absentEuropean vanadium prices softened in the week to Friday August 3 amid profit-taking in a slowed summer market, while the US and Chinese markets continued to be supported by tight supplies. http://www.metalbulletin.com/Article/3825640/GLOBAL-VANADIUM-WRAP-European-vanadium-market-softens-on-profit-taking-with-consumer-demand-absent.htmlTue, 07 Aug 2018 07:05:00 GMTMills in Argentina removing discounts for steel products Domestic steel prices in Argentina have increased this month, with most steelmakers trying to remove previously granted discounts. http://www.metalbulletin.com/Article/3825634/Mills-in-Argentina-removing-discounts-for-steel-products.htmlTue, 07 Aug 2018 06:16:00 GMTLIVE FUTURES REPORT 07/08: SHFE base metals prices consolidate; nickel outperforms with 1.7% gainBase metals prices on the Shanghai Futures Exchange were mostly up during morning trading on Tuesday August 7, with nickel outperforming the rest of the complex with a gain of 1.7%.http://www.metalbulletin.com/Article/3825642/LIVE-FUTURES-REPORT-0708-SHFE-base-metals-prices-consolidate-nickel-outperforms-with-17-gain.htmlTue, 07 Aug 2018 05:55:00 GMTGLOBAL SILICON WRAP: Strong dollar halts recovery in Chinese export market, participants downplay effects of new customs regulationsA firm dollar against a weakened yuan in the week to Friday August 3 has capped the brief turnaround seen in the Chinese silicon export market a week ago.http://www.metalbulletin.com/Article/3825414/GLOBAL-SILICON-WRAP-Strong-dollar-halts-recovery-in-Chinese-export-market-participants-downplay.htmlTue, 07 Aug 2018 02:20:00 GMTCobalt prices face continued pressure from slow sales, destockingBenchmark cobalt prices continued to fall last week, albeit at a slower pace than before, with sellers facing less urgent pressure to destock and spot trade returning to its slower summer pace. http://www.metalbulletin.com/Article/3825611/Cobalt-prices-face-continued-pressure-from-slow-sales-destocking.htmlMon, 06 Aug 2018 19:35:00 GMTGLOBAL CHROME WRAP: Chinese imported alloys, ore prices slide; UG2 standoff breaksLow tenders from major Chinese mills for August production weighed on domestic and imported ferro-chrome prices over the week that ended on Friday August 3, while chrome ore inventories hit record highs. http://www.metalbulletin.com/Article/3825562/GLOBAL-CHROME-WRAP-Chinese-imported-alloys-ore-prices-slide-UG2-standoff-breaks.htmlMon, 06 Aug 2018 19:20:00 GMTLIVE FUTURES REPORT 06/08: LME base metals consolidate; copper, zinc prices remain under pressureBase metals on the London Metal Exchange consolidated for much of trading on Monday August 6, with closing prices mixed despite broad strength in the US dollar and an ongoing trade spat between the United States and China. http://www.metalbulletin.com/Article/3825608/LIVE-FUTURES-REPORT-0608-LME-base-metals-consolidate-copper-zinc-prices-remain-under-pressure.htmlMon, 06 Aug 2018 17:55:00 GMTRUSSIA FLAT STEEL: Mills increase offers on improving demandSteel producers in Russia’s central region around Moscow have increased their prices for hot-rolled (HR) and cold-rolled (CR) steel sheet on improved demand. http://www.metalbulletin.com/Article/3825603/RUSSIA-FLAT-STEEL-Mills-increase-offers-on-improving-demand.htmlMon, 06 Aug 2018 17:54:00 GMTPRICING NOTICE: Extension of low-carbon ferro-chrome Europe consultation to enable further market feedback Following extensive market engagement, Metal Bulletin has decided to extend the consultation period for the proposal to split Metal Bulletin’s 0.10% C low-carbon ferro-chrome Europe price specification to provide additional time for feedback. http://www.metalbulletin.com/Article/3824644/PRICING-NOTICE-Extension-of-low-carbon-ferro-chrome-Europe-consultation-to-enable-further-market.htmlMon, 06 Aug 2018 17:53:00 GMTCIS FLAT STEEL: Mills bullish on prices although demand remains slowExporters of hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States intend to increase their prices for September-rolling products, but demand remains seasonally low, sources said. http://www.metalbulletin.com/Article/3825597/CIS-FLAT-STEEL-Mills-bullish-on-prices-although-demand-remains-slow.htmlMon, 06 Aug 2018 17:40:00 GMTGLOBAL FERRO-SILICON WRAP: Chinese domestic prices set platform for increased prices near termChinese ferro-silicon prices are holding ahead of an expected upturn in prices later this month on higher-priced tenders from steel mills, a jump in futures and reduced supplies from pollution controls, while the US and European markets keep steady.http://www.metalbulletin.com/Article/3825453/GLOBAL-FERRO-SILICON-WRAP-Chinese-domestic-prices-set-platform-for-increased-prices-near-term.htmlMon, 06 Aug 2018 17:30:00 GMTTurkish steel production, consumption continue to riseTurkey’s finished steel output increased 9% year on year in January-June 2018, while consumption increased 11.5%, according to the latest data published by the Turkish Steel Producers Assn (TÇÜD). http://www.metalbulletin.com/Article/3825425/Turkish-steel-production-consumption-continue-to-rise.htmlMon, 06 Aug 2018 16:56:00 GMTGLOBAL TUNGSTEN WRAP: APT prices continue downward trend; ferro-tungsten quotations fall on weak demand Ample supply continued to push ammonium paratungstate prices down in the week ended Friday August 3 following the end of environmental-related suspensions in Jiangxi province. http://www.metalbulletin.com/Article/3825560/GLOBAL-TUNGSTEN-WRAP-APT-prices-continue-downward-trend-ferro-tungsten-quotations-fall-on-weak-demand.htmlMon, 06 Aug 2018 16:39:00 GMTCHINA COBALT SNAPSHOT: Cobalt metal price lower; cobalt sulfate price accelerates downsideKey data from the Friday August 3 pricing session in Shanghai.http://www.metalbulletin.com/Article/3825532/CHINA-COBALT-SNAPSHOT-Cobalt-metal-price-lower-cobalt-sulfate-price-accelerates-downside.htmlMon, 06 Aug 2018 16:35:00 GMTDAILY SCRAP REPORT: Prices fall in new deals with no recovery in sightThe Turkish steel mills have returned to the deep-sea scrap markets following a downturn in prices, sources said on Monday August 6. http://www.metalbulletin.com/Article/3825533/DAILY-SCRAP-REPORT-Prices-fall-in-new-deals-with-no-recovery-in-sight.htmlMon, 06 Aug 2018 16:20:00 GMTTURKEY FERROUS SCRAP: Ship scrap prices down, auto bundle stableTurkish domestic ship scrap prices have gone down over the past week due to the weakening lira and poor demand for finished steel, while auto bundle scrap prices have remained largely stable, sources said on Monday August 6. http://www.metalbulletin.com/Article/3825534/TURKEY-FERROUS-SCRAP-Ship-scrap-prices-down-auto-bundle-stable.htmlMon, 06 Aug 2018 15:50:00 GMTPRICING NOTICE: Metal Bulletin proposes to amend minimum tonnage for European zinc premium assessments Metal Bulletin is running a one-month consultation to seek feedback on whether to keep or amend the minimum tonnage used in the assessments of its zinc premiums for European countries. http://www.metalbulletin.com/Article/3825522/PRICING-NOTICE-Metal-Bulletin-proposes-to-amend-minimum-tonnage-for-European-zinc-premium-assessments.htmlMon, 06 Aug 2018 15:20:00 GMTGLOBAL ANTIMONY WRAP: Weak summer demand weighs on pricesAntimony prices in Europe and China were under pressure again last week amid weak summer demand.http://www.metalbulletin.com/Article/3825495/GLOBAL-ANTIMONY-WRAP-Weak-summer-demand-weighs-on-prices.htmlMon, 06 Aug 2018 14:50:00 GMTIRON ORE DAILY: Prices jump after futures surge on supply jittersPhysical iron ore was traded at markedly higher prices on Monday August 6 following a surge in futures price attributed to concerns about reductions in shipments by one miner supplying the seaborne market. http://www.metalbulletin.com/Article/3825469/IRON-ORE-DAILY-Prices-jump-after-futures-surge-on-supply-jitters.htmlMon, 06 Aug 2018 13:35:00 GMTChina’s lead concs imports threatened by 10% tariffs on US goods amid tight marketChina announced a 10% tariff on US lead ores and concentrates, which took up one-sixth of its imports last year, a move that could possibly exacerbate the tightness of lead raw material supply, according to a release by China’s Ministry of Finance last Friday.http://www.metalbulletin.com/Article/3825468/Chinas-lead-concs-imports-threatened-by-10-tariffs-on-US-goods-amid-tight-market.htmlMon, 06 Aug 2018 13:02:00 GMTFOCUS: LME consultation sheds light on electronic trial; but the jury is outThe London Metal Exchange has fleshed out some of the key components put forward in its strategic pathway last September, notably the decision to trial nickel closing prices electronically for three months in the first quarter of 2019, the exchange said in a note to members on August 1.http://www.metalbulletin.com/Article/3825456/FOCUS-LME-consultation-sheds-light-on-electronic-trial-but-the-jury-is-out.htmlMon, 06 Aug 2018 12:40:00 GMTFOCUS: What stifled Chinese nickel full plate premiums during the July open import window? The nickel full plate premium cif Shanghai registered only a minor uptick last month during an open arbitrage window, failing to replicate last year’s record-breaking reaction – Metal Bulletin looks at the reasons why. http://www.metalbulletin.com/Article/3824931/FOCUS-What-stifled-Chinese-nickel-full-plate-premiums-during-the-July-open-import-window.htmlMon, 06 Aug 2018 12:02:00 GMTCOKING COAL DAILY: Transaction prices rise on improved sentimentSentiment in the seaborne coking coal spot market appears to be improving following a series of trades last week, which mostly involved end-users. http://www.metalbulletin.com/Article/3825452/COKING-COAL-DAILY-Transaction-prices-rise-on-improved-sentiment.htmlMon, 06 Aug 2018 11:50:00 GMTCHINA HRC: Low overseas demand casts shadow over export prices Weak demand continued to put pressure on export prices for Chinese hot-rolled coil on Monday August 6, although domestic prices for the product remained relatively strong.http://www.metalbulletin.com/Article/3825443/CHINA-HRC-Low-overseas-demand-casts-shadow-over-export-prices.htmlMon, 06 Aug 2018 11:23:00 GMTLIVE FUTURES REPORT 06/08: LME base metals struggle against firm dollar; zinc falls 2.5% Base metals on the London Metal Exchange were lower across the board during morning trading on Monday August 6, limited by a firm uptick in the dollar index while the market continues to adjust to intensifying United States-China trade relations. http://www.metalbulletin.com/Article/3825445/LIVE-FUTURES-REPORT-0608-LME-base-metals-struggle-against-firm-dollar-zinc-falls-25.htmlMon, 06 Aug 2018 11:05:00 GMTCHINA REBAR: Domestic prices flat amid sparse trading China’s domestic rebar prices were unchanged on Monday August 6 amid thin trading activity. http://www.metalbulletin.com/Article/3825428/CHINA-REBAR-Domestic-prices-flat-amid-sparse-trading.htmlMon, 06 Aug 2018 10:35:00 GMTUPDATE 1: China announces 25% import tariffs in concentrates of copper, zinc and nickel from US [CORRECTED]China will apply import tariffs of 25% on a series of US metal products including copper concentrates, the Chinese government said in an official notice on Friday August 3, marking an escalation of the trade war between the two countries.http://www.metalbulletin.com/Article/3825062/UPDATE-1-China-announces-25-import-tariffs-in-concentrates-of-copper-zinc-and-nickel-from-US.htmlMon, 06 Aug 2018 10:30:00 GMTRUSAL AT A GLANCE: Q2 drop in aluminium sales partly offset by higher prices, premiums amid US sanctions Rusal’s sales of primary aluminium and alumina fell by 19.2% and 11.4% respectively in the second quarter of 2018 from the previous quarter due to US sanctions against the Russian producer. http://www.metalbulletin.com/Article/3825419/RUSAL-AT-A-GLANCE-Q2-drop-in-aluminium-sales-partly-offset-by-higher-prices-premiums-amid-US.htmlMon, 06 Aug 2018 09:43:00 GMTVietnamese mills to avoid US dumping duties via domestic HRCVietnamese re-rollers are looking toward domestic hot-rolled coil in order to avoid more anti-dumping duties that could be imposed by the United States. http://www.metalbulletin.com/Article/3825413/Vietnamese-mills-to-avoid-US-dumping-duties-via-domestic-HRC.htmlMon, 06 Aug 2018 09:32:00 GMTChina AM: Ferrous futures diverge on mixed sentimentChina’s ferrous futures were mixed during morning trading on Monday August 6, with steel and iron ore contracts ending the session lower while those for coke and coking coal posted some gains.http://www.metalbulletin.com/Article/3825415/China-AM-Ferrous-futures-diverge-on-mixed-sentiment.htmlMon, 06 Aug 2018 06:35:00 GMTDiscounts emerge in seaborne iron ore concentrate market Seaborne iron ore concentrate prices continued to soften last week, with environmental protection measures impacting pelletizing plants in China. http://www.metalbulletin.com/Article/3825417/Discounts-emerge-in-seaborne-iron-ore-concentrate-market.htmlMon, 06 Aug 2018 05:55:00 GMTLIVE FUTURES REPORT 06/08: SHFE base metals tick up on weaker dollar; nickel rebounds 0.8%Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Monday August 6, with a retreat in the dollar index and stronger yuan providing support to the complex.http://www.metalbulletin.com/Article/3825416/LIVE-FUTURES-REPORT-0608-SHFE-base-metals-tick-up-on-weaker-dollar-nickel-rebounds-08.htmlMon, 06 Aug 2018 05:45:00 GMTGLOBAL BILLET WRAP: Demand remains muted in most marketsSteel billet prices in most global markets were largely unchanged or edged downward during the week from Monday July 30 to Friday August 3, due to limited buying interest and uncertainty about the impending United States sanctions on Iran. http://www.metalbulletin.com/Article/3824952/GLOBAL-BILLET-WRAP-Demand-remains-muted-in-most-markets.htmlMon, 06 Aug 2018 00:01:00 GMTIndian mills likely to cut domestic HRC prices for August salesIndian mills are likely to cut their domestic prices for hot-rolled coil (HRC) by at least 500 rupees ($7) per tonne for August to boost demand and reduce inventories. http://www.metalbulletin.com/Article/3825376/Indian-mills-likely-to-cut-domestic-HRC-prices-for-August-sales.htmlFri, 03 Aug 2018 19:15:00 GMTWEEKLY SCRAP WRAP: Weak demand plagues global marketsGlobal scrap prices continued to fall in the week ended Friday August 3 due to weak demand pushing prices down. http://www.metalbulletin.com/Article/3825285/WEEKLY-SCRAP-WRAP-Weak-demand-plagues-global-markets.htmlFri, 03 Aug 2018 18:50:00 GMTBrazilian pig iron market goes down on lower dealPrices in the Brazilian export pig iron market have gone down on Friday August 3 after one deal was concluded at a lower price, Metal Bulletin has heard. http://www.metalbulletin.com/Article/3825372/Brazilian-pig-iron-market-goes-down-on-lower-deal.htmlFri, 03 Aug 2018 18:28:00 GMTBATTERY RAW MATERIALS MARKET REPORT 03/08: Lithium slide continuesAn overview of the battery raw materials markets and their price moves from the past week.http://www.metalbulletin.com/Article/3825290/BATTERY-RAW-MATERIALS-MARKET-REPORT-0308-Lithium-slide-continues.htmlFri, 03 Aug 2018 18:10:00 GMTEUROPE ALLOY STEEL SCRAP: prices largely stable as summer lull continuesAustenitic prices in Europe for alloy steel scrap have been stable this week in typically quiet summer activity, while in the UK some small reductions reflect slightly softer nickel prices. http://www.metalbulletin.com/Article/3825305/EUROPE-ALLOY-STEEL-SCRAP-prices-largely-stable-as-summer-lull-continues.htmlFri, 03 Aug 2018 18:09:00 GMTUK SCRAP: Light iron market steady, awaits August settlements The UK light iron scrap market has been flat this week, stabilizing after losses a week earlier, with market attention focused on the start of monthly delivery negotiations in the UK for settlements to domestic consumers.http://www.metalbulletin.com/Article/3825279/UK-SCRAP-Light-iron-market-steady-awaits-August-settlements.htmlFri, 03 Aug 2018 18:02:00 GMTINDIA IMPORT SCRAP: Prices edge up but sentiment remains negativePrices for containerized shredded scrap imported into India edged up this week on deals done at higher levels, although market sentiment remained negative, sources told Metal Bulletin on Friday August 3. http://www.metalbulletin.com/Article/3825152/INDIA-IMPORT-SCRAP-Prices-edge-up-but-sentiment-remains-negative.htmlFri, 03 Aug 2018 17:58:00 GMTLIVE FUTURES REPORT 03/08: LME base metals mostly nudge higher on dollar dip; zinc climbs 2.5%Base metals on the London Metal Exchange were mostly higher at the close of trading on Friday August 3, supported by a slight uptick in the yuan and a dip in the dollar index.http://www.metalbulletin.com/Article/3825306/LIVE-FUTURES-REPORT-0308-LME-base-metals-mostly-nudge-higher-on-dollar-dip-zinc-climbs-25.htmlFri, 03 Aug 2018 17:58:00 GMTUS PIG IRON: Prices go down on weakening scrap marketThe pig iron market in the United States has softened this week on poor global scrap prices and expectations of a domestic scrap price reduction. http://www.metalbulletin.com/Article/3825289/US-PIG-IRON-Prices-go-down-on-weakening-scrap-market.htmlFri, 03 Aug 2018 17:55:00 GMTPRICING NOTICE: Delayed publication of minor metals, ores, alloys and ferrous pricesDue to a technical error, some of Metal Bulletin’s minor metals, ores, alloys and ferrous prices on August 3 will be published on the Metal Bulletin price book later than scheduled.http://www.metalbulletin.com/Article/3825296/PRICING-NOTICE-Delayed-publication-of-minor-metals-ores-alloys-and-ferrous-prices.htmlFri, 03 Aug 2018 17:35:00 GMTEUROPE STAINLESS STEEL: Prices unchanged in very subdued marketBase prices for stainless steel flat and long products in Europe were stable on Friday August 3 in extremely quest trading conditions that are typical of the slower summer months. http://www.metalbulletin.com/Article/3825283/EUROPE-STAINLESS-STEEL-Prices-unchanged-in-very-subdued-market.htmlFri, 03 Aug 2018 17:31:00 GMTDAILY SCRAP REPORT: Poor finished steel demand keeps scrap market quietTurkish steel producers ended the week on Friday August 3 having bought no new deep-sea cargoes since a deal on Wednesday for a cargo from Europe. http://www.metalbulletin.com/Article/3825280/DAILY-SCRAP-REPORT-Poor-finished-steel-demand-keeps-scrap-market-quiet.htmlFri, 03 Aug 2018 17:28:00 GMTKAZ Minerals aims for higher copper output, lower costs via Baimskaya purchaseKAZ Minerals is buying the Baimskaya copper project in Russia to enable it to boost copper production at a lower cost, the company said this week. http://www.metalbulletin.com/Article/3824949/KAZ-Minerals-aims-for-higher-copper-output-lower-costs-via-Baimskaya-purchase.htmlFri, 03 Aug 2018 17:20:00 GMTPRICING NOTICE: Delayed publication of cobalt price assessmentAs a result of a technical error, Metal Bulletin’s low-grade and high-grade cobalt price assessment for August 3 was published late on the Metal Bulletin price book.http://www.metalbulletin.com/Article/3825292/PRICING-NOTICE-Delayed-publication-of-cobalt-price-assessment.htmlFri, 03 Aug 2018 17:17:00 GMTCOBALT MONTHLY REVIEW – JULY: Metal, sulfate prices succumb to tight credit, cash flow-focused destocking Cobalt metal and sulfate prices weakened last month, facing acute pressure from tight credit in China and associated cheap sales, with European consumers firmly in summer mode. http://www.metalbulletin.com/Article/3824939/COBALT-MONTHLY-REVIEWJULY-Metal-sulfate-prices-succumb-to-tight-credit-cash-flow-focused-destocking.htmlFri, 03 Aug 2018 17:05:00 GMTPOLAND REBAR: Domestic prices move up on good demandPolish steelmakers have achieved a transaction price rise for rebar due to strong demand in the domestic market, sources told Metal Bulletin on Friday August 3. http://www.metalbulletin.com/Article/3825212/POLAND-REBAR-Domestic-prices-move-up-on-good-demand.htmlFri, 03 Aug 2018 16:40:00 GMTCHINA TO APPLY 25% IMPORT DUTY ON ALL UNREFINED COPPER FROM US INCLUDING BLISTER AND ANODES - GOVTStory to followhttp://www.metalbulletin.com/Article/3825124/CHINA-TO-APPLY-25-IMPORT-DUTY-ON-ALL-UNREFINED-COPPER-FROM-US-INCLUDING-BLISTER-AND-ANODES-GOVT.htmlFri, 03 Aug 2018 15:56:00 GMTTURKEY COATED FLAT STEEL: Prices stable on summer holiday lullPrices for coated steel coil products in Turkey were stable in the week ended Friday August 3 amid slow demand in the local and export markets, Metal Bulletin has heard.http://www.metalbulletin.com/Article/3825051/TURKEY-COATED-FLAT-STEEL-Prices-stable-on-summer-holiday-lull.htmlFri, 03 Aug 2018 15:43:00 GMTCIS STEEL BILLET: Price stable amid low trading activity The CIS export billet market was rather quiet over the week ending on Friday August 3, with buying activity muted and mills targeting higher offer prices.http://www.metalbulletin.com/Article/3825040/CIS-STEEL-BILLET-Price-stable-amid-low-trading-activity.htmlFri, 03 Aug 2018 15:30:00 GMTTURKEY STEEL BILLET: Prices drop as market support fadesPrices for steel billet in Turkey decreased over the week ended Thursday August 2 because there were no supporting factors in the market, Metal Bulletin has heard. http://www.metalbulletin.com/Article/3824979/TURKEY-STEEL-BILLET-Prices-drop-as-market-support-fades.htmlFri, 03 Aug 2018 14:28:00 GMTIRON ORE DAILY: Prices rise after release of winter restriction plansPhysical iron ore was traded at higher prices on Friday August 3 amid paper-market gains, after China’s plan for production cuts in the coming winter was released. http://www.metalbulletin.com/Article/3824974/IRON-ORE-DAILY-Prices-rise-after-release-of-winter-restriction-plans.htmlFri, 03 Aug 2018 14:12:00 GMTFOCUS: The evolving pricing needs of the iron ore marketThe rise in intra-grade price differentials in the iron ore market have led to the need for more granular pricing references for the steelmaking raw material, according to market participants. http://www.metalbulletin.com/Article/3824729/FOCUS-The-evolving-pricing-needs-of-the-iron-ore-market.htmlFri, 03 Aug 2018 13:00:00 GMTGLOBAL LITHIUM WRAP: Chinese battery-grade lithium carbonate prices extend downtrendChina’s domestic spot battery-grade lithium carbonate prices continued dropping this week with most producers offering lower prices to boost sales, while battery-grade lithium hydroxide prices were static despite pressure for lower prices.http://www.metalbulletin.com/Article/3824967/GLOBAL-LITHIUM-WRAP-Chinese-battery-grade-lithium-carbonate-prices-extend-downtrend.htmlFri, 03 Aug 2018 12:20:00 GMTTURKEY LONG STEEL EXPORTS: Prices stable on thin tradingTurkish rebar and wire rod export prices remained largely stable over the week ended Thursday August 2, amid sluggish demand in the country’s major export markets. http://www.metalbulletin.com/Article/3824958/TURKEY-LONG-STEEL-EXPORTS-Prices-stable-on-thin-trading.htmlFri, 03 Aug 2018 12:12:00 GMTCOKING COAL DAILY: Seaborne prices find support amid robust Chinese buyingSeaborne prices for hard coking coal received support this week, with Chinese buyers generating some buzz in the spot market. http://www.metalbulletin.com/Article/3824956/COKING-COAL-DAILY-Seaborne-prices-find-support-amid-robust-Chinese-buying.htmlFri, 03 Aug 2018 12:10:00 GMTITALY HBI: Demand low on holiday season, high stocksThe import market for hot-briquetted iron (HBI) in Italy was inactive over the past week mainly because of the holiday season, sources told Metal Bulletin on Friday August 3. http://www.metalbulletin.com/Article/3824942/ITALY-HBI-Demand-low-on-holiday-season-high-stocks.htmlFri, 03 Aug 2018 12:02:00 GMTPRICING NOTICE: Amendment of spot MJP aluminium P1020 cif premium assessmentMetal Bulletin has amended the spot main Japanese port (MJP) aluminium P1020 cif premium assessment to include more brands and origins from Friday August 3, with a view of capturing increasing alternative-origin transaction liquidity for this regional benchmark. http://www.metalbulletin.com/Article/3824713/PRICING-NOTICE-Amendment-of-spot-MJP-aluminium-P1020-cif-premium-assessment.htmlFri, 03 Aug 2018 11:45:00 GMTFOCUS: Vietnam's scrap prices set to be next benchmark for AsiaVietnam scrap import prices are set to be the next Asian scrap benchmark with import volumes continuing to rise in 2018 on a year-on-year basis.http://www.metalbulletin.com/Article/3824923/FOCUS-Vietnams-scrap-prices-set-to-be-next-benchmark-for-Asia.htmlFri, 03 Aug 2018 11:35:00 GMTPRICING NOTICE: Metal Bulletin launches Vietnam ferrous scrap assessmentFollowing a market consultation between July 2 and August 2, Metal Bulletin has decided to launch a price assessment for ferrous scrap on a cfr Vietnam basis on Friday August 3, to be published as a $ per tonne range every week. http://www.metalbulletin.com/Article/3824002/PRICING-NOTICE-Metal-Bulletin-launches-Vietnam-ferrous-scrap-assessment.htmlFri, 03 Aug 2018 11:28:00 GMTLIVE FUTURES REPORT 03/08: Firm dollar, trade tensions pressure LME base metals; nickel price falls 1.4%Base metals on the London Metal Exchange were lower across the board during morning trading on Friday August 3, facing pressure from a firmer US dollar index while intensified US-China trade tensions keep investors cautious. http://www.metalbulletin.com/Article/3824946/LIVE-FUTURES-REPORT-0308-Firm-dollar-trade-tensions-pressure-LME-base-metals-nickel-price-falls-14.htmlFri, 03 Aug 2018 11:15:00 GMTCHINA HRC: Export prices slightly lower in sparse tradingChina’s domestic hot-rolled coil prices rebounded on Friday August 3 as futures moved higher, while export prices edged lower in thin trading.http://www.metalbulletin.com/Article/3824940/CHINA-HRC-Export-prices-slightly-lower-in-sparse-trading.htmlFri, 03 Aug 2018 10:50:00 GMTSoutheast Asia’s billet prices firm on unchanged fundamentalsImport prices for steel billet in Southeast Asia flatlined on Friday August 3, with seasonally soft demand and tight supply keeping offer and transaction levels steady. http://www.metalbulletin.com/Article/3824943/Southeast-Asias-billet-prices-firm-on-unchanged-fundamentals.htmlFri, 03 Aug 2018 10:41:00 GMTCHINA REBAR: Domestic prices rise amid rising futures China’s domestic rebar prices rose slightly on Friday August 3 increases in the futures market on news of more production cuts toward the end of the year. http://www.metalbulletin.com/Article/3824934/CHINA-REBAR-Domestic-prices-rise-amid-rising-futures.htmlFri, 03 Aug 2018 10:23:00 GMTCME European aluminium premiums show expected uptrend in Q4, 2019An uptick in trading activity for the CME Group’s European aluminium premium contracts during July indicates that market participants are eyeing a possible uptrend in aluminium premiums in Europe for the remainder of this year and into 2019. http://www.metalbulletin.com/Article/3824859/CME-European-aluminium-premiums-show-expected-uptrend-in-Q4-2019.htmlFri, 03 Aug 2018 10:20:00 GMTCHINA COKE WRAP: Prices tumble, bottom out in JulyChina’s coke prices fell sharply in July but started to rebound toward the end of the month amid expectations that supply could tighten as a result of production curbs to combat pollution.http://www.metalbulletin.com/Article/3824927/CHINA-COKE-WRAP-Prices-tumble-bottom-out-in-July.htmlFri, 03 Aug 2018 09:50:00 GMTMETALS MORNING VIEW 03/08: No let up in downward pressure in metals pricesThree-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Friday August 3, with the complex down by an average of 0.2%.http://www.metalbulletin.com/Article/3824930/METALS-MORNING-VIEW-0308-No-let-up-in-downward-pressure-in-metals-prices.htmlFri, 03 Aug 2018 09:05:00 GMTLIVE FUTURES REPORT 03/08: Most SHFE base metals drift lower on trade tensions, stronger dollar; ali, zinc prices upBase metals prices on the Shanghai Futures Exchange were mostly drifting lower during morning trading on Friday August 3, with the complex coming under pressure from a combination of US-China trade tensions and a firmer dollar. http://www.metalbulletin.com/Article/3824925/LIVE-FUTURES-REPORT-0308-Most-SHFE-base-metals-drift-lower-on-trade-tensions-stronger-dollar-ali-zinc.htmlFri, 03 Aug 2018 06:00:00 GMTChina AM: Ferrous futures rangebound ahead of weekend China’s ferrous futures moved in different directions during morning trading on Friday August 3, and ended the session little changed from their opening prices.http://www.metalbulletin.com/Article/3824924/China-AM-Ferrous-futures-rangebound-ahead-of-weekend.htmlFri, 03 Aug 2018 05:22:00 GMTCIS PIG IRON: Falling scrap costs drag pig iron prices downThe pig iron export market in the Commonwealth of Independent States has softened on falling scrap prices, sources told Metal Bulletin on Thursday August 2. http://www.metalbulletin.com/Article/3824884/CIS-PIG-IRON-Falling-scrap-costs-drag-pig-iron-prices-down.htmlThu, 02 Aug 2018 18:58:00 GMTLIVE FUTURES REPORT 02/08: LME base metals lose ground on US-China trade woes; zinc moves higherBase metals on the London Metal Exchange finished mostly lower at the close of trading on Thursday August 2, pressured by the re-emergence of trade tensions between the United States and China in addition to a seasonal slowdown over the summer period.http://www.metalbulletin.com/Article/3824891/LIVE-FUTURES-REPORT-0208-LME-base-metals-lose-ground-on-US-China-trade-woes-zinc-moves-higher.htmlThu, 02 Aug 2018 17:55:00 GMTBattery metals deal activity starting to accelerate, says EY Mergers and acquisitions in the metals and mining sector may have slowed overall but battery metals deal activity has begun to accelerate, according to a report by consultancy EY. http://www.metalbulletin.com/Article/3824888/Battery-metals-deal-activity-starting-to-accelerate-says-EY.htmlThu, 02 Aug 2018 17:50:00 GMTTURKEY FLAT STEEL WRAP: Producers enjoy strong export demand as local market stallsDemand for flat steel in Turkey will remain moderate throughout August, but prices are not expected to fall because there is strong export demand, market participants told Metal Bulletin on Thursday August 2. http://www.metalbulletin.com/Article/3824883/TURKEY-FLAT-STEEL-WRAP-Producers-enjoy-strong-export-demand-as-local-market-stalls.htmlThu, 02 Aug 2018 17:50:00 GMTDAILY SCRAP REPORT: Mills pull back again on low finished steel demandTurkish steel mills pulled back from the deep-sea scrap markets again on Thursday August 2, keeping prices relatively stable. http://www.metalbulletin.com/Article/3824878/DAILY-SCRAP-REPORT-Mills-pull-back-again-on-low-finished-steel-demand.htmlThu, 02 Aug 2018 17:05:00 GMTEGYPT STEEL BILLET, REBAR: Billet import prices dip with demand still weakSteel billet import prices decreased slightly this week in Egypt with lower offers in the market, while domestic rebar prices were unchanged, sources told Metal Bulletin on Thursday August 2. http://www.metalbulletin.com/Article/3824856/EGYPT-STEEL-BILLET-REBAR-Billet-import-prices-dip-with-demand-still-weak.htmlThu, 02 Aug 2018 16:30:00 GMTTURKEY LONG STEEL: Mills fix rebar offers in US dollars as lira loses value, prices dropTurkish rebar producers have fixed their domestic rebar prices in US dollars because of the significant loss in value of the national currency, the lira, sources told Metal Bulletin on Thursday August 2. http://www.metalbulletin.com/Article/3824821/TURKEY-LONG-STEEL-Mills-fix-rebar-offers-in-US-dollars-as-lira-loses-value-prices-drop.htmlThu, 02 Aug 2018 16:22:00 GMTEU LONG STEEL OUTLOOK: Prices to remain strong, stable over August holiday periodDomestic long steel prices in EU markets are expected to remain around current high levels over the August holiday period, although mills could push through further price rises in September, market sources told Metal Bulletin this week. http://www.metalbulletin.com/Article/3824813/EU-LONG-STEEL-OUTLOOK-Prices-to-remain-strong-stable-over-August-holiday-period.htmlThu, 02 Aug 2018 16:10:00 GMTPRICING NOTICE: Metal Bulletin launches battery grade lithium carbonate index, min 99.5% Li2CO3, ex works ChinaMetal Bulletin will launch a weekly Chinese domestic ex-works battery-grade lithium carbonate index on Thursday August 2 to run in parallel to the existing price assessment, following a successful market consultation. http://www.metalbulletin.com/Article/3824761/PRICING-NOTICE-Metal-Bulletin-launches-battery-grade-lithium-carbonate-index-min-995-Li2CO3-ex-works.htmlThu, 02 Aug 2018 16:00:00 GMTNSSMC reorganizes stainless steel pipe, tube businessesIn response to a “harsh business environment”, five companies under major Japanese steelmaker Nippon Steel & Sumitomo Metal Corporation (NSSMC) Group will integrate and reorganize their welded stainless steel pipe and tube businesses, the group announced on Thursday August 2.http://www.metalbulletin.com/Article/3824762/NSSMC-reorganizes-stainless-steel-pipe-tube-businesses.htmlThu, 02 Aug 2018 15:55:00 GMTLIVE FUTURES REPORT 02/08: Comex copper drops to 2-wk lowComex copper prices have extended the latest downturn and are now trading at the lowest point since June 20 on Thursday August 2 morning in the US, due to another round of trade worries. http://www.metalbulletin.com/Article/3824827/LIVE-FUTURES-REPORT-0208-Comex-copper-drops-to-2-wk-low.htmlThu, 02 Aug 2018 15:40:00 GMTFOCUS: Record-low aluminium stocks leave LME spreads vulnerable to more backwardations With available stocks at record lows, aluminium spreads on the London Metal Exchange are increasingly volatile. http://www.metalbulletin.com/Article/3824779/FOCUS-Record-low-aluminium-stocks-leave-LME-spreads-vulnerable-to-more-backwardations.htmlThu, 02 Aug 2018 14:57:00 GMTEC puts Aurubis’ rolled-copper business sale on hold; investigation underwayThe European Commission (EC) is currently investigating German copper giant Aurubis’ proposed sale of its rolled-copper product business to its counterpart Wieland-Werke after the latter failed to dismiss competition concerns, the EC said on Wednesday August 1.http://www.metalbulletin.com/Article/3824773/EC-puts-Aurubis-rolled-copper-business-sale-on-hold-investigation-underway.htmlThu, 02 Aug 2018 13:00:00 GMTIRON ORE DAILY: Trading stays slow in seaborne market amid ample offersThe seaborne iron ore market remained inactive on Thursday August 2 with plenty of offers heard that did not culminate in transactions, with buyers exercising caution.http://www.metalbulletin.com/Article/3824768/IRON-ORE-DAILY-Trading-stays-slow-in-seaborne-market-amid-ample-offers.htmlThu, 02 Aug 2018 12:52:00 GMTSoutheast Asia's billet prices largely stable on thin tradingImport prices for steel billet in Southeast Asia remained firm on Thursday August 2 amid slow trading activity and muted demand. http://www.metalbulletin.com/Article/3824750/Southeast-Asias-billet-prices-largely-stable-on-thin-trading.htmlThu, 02 Aug 2018 12:46:00 GMTIron ore pellet demand to remain strong in 2018, 2019 - Ferrexpo saysIron ore pellet demand is expected to remain strong over the second half of 2018 and 2019, Ukraine-focused iron ore producer Ferrexpo said on Thursday August 2.http://www.metalbulletin.com/Article/3824760/Iron-ore-pellet-demand-to-remain-strong-in-2018-2019-Ferrexpo-says.htmlThu, 02 Aug 2018 12:35:00 GMTPRICING NOTICE: Correction to Metal Bulletin’s Shanghai aluminium bonded-stocks assessmentDue to an input error, Metal Bulletin’s Shanghai aluminium bonded stocks assessment was published incorrectly on Monday July 2.http://www.metalbulletin.com/Article/3824712/PRICING-NOTICE-Correction-to-Metal-Bulletins-Shanghai-aluminium-bonded-stocks-assessment.htmlThu, 02 Aug 2018 12:12:00 GMTChina’s falling scrap imports drag July blister copper RCs downTerms for blister copper refining charges (RCs) in China dropped notably month on month in July while declining copper scrap imports gave rise to additional demand for overseas blister copper.http://www.metalbulletin.com/Article/3824727/Chinas-falling-scrap-imports-drag-July-blister-copper-RCs-down.htmlThu, 02 Aug 2018 12:10:00 GMTMolybdenum markets hit 3-month peak on oxide demand Molybdic oxide and ferro-molybdenum prices in Europe have strengthened to three-month peaks in trading so far this week, with tightness - and rising prices - in Asia prompting renewed demand in the West.http://www.metalbulletin.com/Article/3824758/Molybdenum-markets-hit-3-month-peak-on-oxide-demand.htmlThu, 02 Aug 2018 12:08:00 GMTCOKING COAL DAILY: Seaborne market takes a breather after recent spike in activityParticipants in the seaborne coking coal spot market retreated to the sidelines following a flurry of transactions in the first half of this week. http://www.metalbulletin.com/Article/3824756/COKING-COAL-DAILY-Seaborne-market-takes-a-breather-after-recent-spike-in-activity.htmlThu, 02 Aug 2018 11:54:00 GMTLIVE FUTURES REPORT 02/08: LME copper ticks lower despite confirmed strike at Escondida; zinc climbs 1%Copper prices on the London Metal Exchange consolidated during morning trading on Thursday August 2, unperturbed by news of strike action at BHP’s Escondida mine in Chile, the world’s largest copper mine.http://www.metalbulletin.com/Article/3824754/LIVE-FUTURES-REPORT-0208-LME-copper-ticks-lower-despite-confirmed-strike-at-Escondida-zinc-climbs-1.htmlThu, 02 Aug 2018 11:45:00 GMTMetal Bulletin parent company expands commodity price reporting ops with purchase of lumber pricing businessLeading lumber and wood products price reporting agency (PRA) Random Lengths will become part of Euromoney’s commodity price reporting division, which includes the Metal Bulletin operations. Euromoney Institutional Investor plc agreed to buy the US-based company on Wednesday August 1. http://www.metalbulletin.com/Article/3824751/Metal-Bulletin-parent-company-expands-commodity-price-reporting-ops-with-purchase-of-lumber-pricing.htmlThu, 02 Aug 2018 10:55:00 GMTCHINA REBAR: Domestic prices withdraw on weak demand China’s domestic rebar prices retreated on Thursday August 2, wiping out most of the gains over the past few days amid persistently soft demand. http://www.metalbulletin.com/Article/3824725/CHINA-REBAR-Domestic-prices-withdraw-on-weak-demand.htmlThu, 02 Aug 2018 10:53:00 GMTChile's Caserones copper mine risks strike on Aug 7 – operator MLCC Members of the main union at Chile’s Caserones copper mine have voted to reject its final wage offer, operator Minera Lumina Copper Chile (MLCC) said. http://www.metalbulletin.com/Article/3824742/Chiles-Caserones-copper-mine-risks-strike-on-Aug-7operator-MLCC.htmlThu, 02 Aug 2018 10:23:00 GMTEscondida mining union votes to strikeThe main union at Escondida, the world’s largest copper mine by production, voted to reject the offer of a new labor contract and strike in a ballot ending yesterday evening, representatives told Metal Bulletin.http://www.metalbulletin.com/Article/3824733/Escondida-mining-union-votes-to-strike.htmlThu, 02 Aug 2018 09:59:00 GMTMETALS MORNING VIEW 02/08: Metals prices attempt to rebound following Wednesday's weaknessThree-month base metals prices on the London Metal Exchange were up across the board by an average of 0.7% on the morning of Thursday August 2. http://www.metalbulletin.com/Article/3824716/METALS-MORNING-VIEW-0208-Metals-prices-attempt-to-rebound-following-Wednesdays-weakness.htmlThu, 02 Aug 2018 09:40:00 GMTPRICING NOTICE: Discontinuation of EU export stainless steel grade 304 cold-rolled sheet priceMetal Bulletin has today discontinued its weekly assessment for 2mm grade 304 cold-rolled stainless sheet export fob Northern European ports.http://www.metalbulletin.com/Article/3824502/PRICING-NOTICE-Discontinuation-of-EU-export-stainless-steel-grade-304-cold-rolled-sheet-price.htmlThu, 02 Aug 2018 09:00:00 GMTPRICING NOTICE: Launch of Northern EU domestic stainless steel grade 304 cold-rolled sheet transaction priceMetal Bulletin has today launched a weekly assessment price for EU domestic grade 304 stainless steel cold rolled sheet (2mm) transaction € per tonne delivered North Europe. http://www.metalbulletin.com/Article/3824531/PRICING-NOTICE-Launch-of-Northern-EU-domestic-stainless-steel-grade-304-cold-rolled-sheet-transaction.htmlThu, 02 Aug 2018 09:00:00 GMTINTERVIEW: INTL FCStone developing LME technology platform, adding staffINTL FCStone Ltd is developing a technology platform designed for its London Metal Exchange customers as it turns its focus to building out its global metals business following an internal restructuring. http://www.metalbulletin.com/Article/3824658/INTERVIEW-INTL-FCStone-developing-LME-technology-platform-adding-staff.htmlThu, 02 Aug 2018 08:00:00 GMTChina AM: Ferrous futures maintain downtrendChina’s ferrous futures weakened further during morning trading on Thursday August 2.http://www.metalbulletin.com/Article/3824705/China-AM-Ferrous-futures-maintain-downtrend.htmlThu, 02 Aug 2018 07:48:00 GMTOMH ferro-silicon output increases at Sarawak facility, manganese alloy production dropsOM Holdings (OMH) has reported a 23% year-on-year increase in quarterly ferro-silicon production and a 4% year-on-year drop in manganese alloy production at its 75%-owned Sarawak plant in Malaysia for the three months ended June 30, 2018.http://www.metalbulletin.com/Article/3824710/OMH-ferro-silicon-output-increases-at-Sarawak-facility-manganese-alloy-production-drops.htmlThu, 02 Aug 2018 07:05:00 GMTLIVE FUTURES REPORT 02/08: Most SHFE base metals prices down on renewed US-China trade tensionsBase metals prices on the Shanghai Futures Exchange were under pressure during morning trading on Thursday August 2, following a ratcheting up of trade tensions between the United States and China on Wednesday.http://www.metalbulletin.com/Article/3824704/LIVE-FUTURES-REPORT-0208-Most-SHFE-base-metals-prices-down-on-renewed-US-China-trade-tensions.htmlThu, 02 Aug 2018 06:22:00 GMTChina’s stainless steel prices narrow amid low supply, weak demand China’s domestic stainless steel market gained some stability over the past week with prices narrowing by 100 yuan per tonne on both ends of the range. http://www.metalbulletin.com/Article/3824358/Chinas-stainless-steel-prices-narrow-amid-low-supply-weak-demand.htmlThu, 02 Aug 2018 06:11:00 GMTMogale Alloys furnace shuts after transformer faultAfarak has announced the shutdown of a furnace at its Mogale Alloys ferro-alloys operation in South Africa, resulting in the loss of about 7,000 tonnes of ferro-chrome production.http://www.metalbulletin.com/Article/3824702/Mogale-Alloys-furnace-shuts-after-transformer-fault.htmlThu, 02 Aug 2018 03:59:00 GMTEUROPE CRC: Prices 'will rise' after summer slowdown is overDomestic prices for cold-rolled coil (CRC) in Europe have moved up slightly over the past week despite slow market activity, and they are expected to rise further, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824673/EUROPE-CRC-Prices-will-rise-after-summer-slowdown-is-over.htmlWed, 01 Aug 2018 18:30:00 GMTLimited buying, US sanction threat push Iranian billet, slab export prices downPrices in the Iranian export semi-finished steel market decreased somewhat in the week ended Wednesday August 1 because buying activity in the major outlets was limited by the imminent renewal of US trading sanctions against the Middle Eastern country. http://www.metalbulletin.com/Article/3824642/Limited-buying-US-sanction-threat-push-Iranian-billet-slab-export-prices-down.htmlWed, 01 Aug 2018 18:15:00 GMTNyrstar defends 85% concs payable; higher prices offset drop in premiums and TCs in H1Zinc and lead smelter Nyrstar is ambivalent over changing dynamics in the zinc concentrates market, playing down attempts by Teck Resources in the past month to lower its reliance on long-term smelter partners.http://www.metalbulletin.com/Article/3824668/Nyrstar-defends-85-concs-payable-higher-prices-offset-drop-in-premiums-and-TCs-in-H1.htmlWed, 01 Aug 2018 18:06:00 GMTCopper TC/RCs drop at end of July as market braces for Escondida strikesSpot copper concentrate treatment and refining charges (TC/RCs) dropped at the end of July as labor negotiations soured at Escondida, the world’s largest copper mine. http://www.metalbulletin.com/Article/3824651/Copper-TCRCs-drop-at-end-of-July-as-market-braces-for-Escondida-strikes.htmlWed, 01 Aug 2018 18:02:00 GMTEUROPE SECTIONS: Prices flat for third week in quiet summer marketPrices for domestic hollow steel sections made in Europe were flat for a third week during the usual seasonal summer lull, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824640/EUROPE-SECTIONS-Prices-flat-for-third-week-in-quiet-summer-market.htmlWed, 01 Aug 2018 17:55:00 GMTEUROPE BEAMS: Prices up and may go further on steady demandDomestic prices for steel beams in Europe went up this week because demand has remained high, with some market participants expecting further price increases, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824652/EUROPE-BEAMS-Prices-up-and-may-go-further-on-steady-demand.htmlWed, 01 Aug 2018 17:50:00 GMTLIVE FUTURES REPORT 01/08: LME nickel falls 3.4% on trade worries; zinc dips 2.7%Nickel closed more than 3% lower on the London Metal Exchange on Wednesday August 1, with recent gains unraveling amid a fresh trade rift between the United States and China. http://www.metalbulletin.com/Article/3824667/LIVE-FUTURES-REPORT-0108-LME-nickel-falls-34-on-trade-worries-zinc-dips-27.htmlWed, 01 Aug 2018 17:48:00 GMTTurkey's flat steel imports down 14.12% in June Turkey imported 581,315 tonnes of flat steel in June 2018, down 14.12% from 676,906 tonnes in June 2017, according to the Turkish Statistical Institute (TUIK), on cheaper domestic prices.http://www.metalbulletin.com/Article/3824499/Turkeys-flat-steel-imports-down-1412-in-June.htmlWed, 01 Aug 2018 17:30:00 GMTDAILY SCRAP REPORT: Prices down after mills break silence to book EU cargoTurkish steel producers broke their silence in the deep-sea scrap market on Wednesday August 1 with news of a European cargo being booked, which led to prices falling. http://www.metalbulletin.com/Article/3824659/DAILY-SCRAP-REPORT-Prices-down-after-mills-break-silence-to-book-EU-cargo.htmlWed, 01 Aug 2018 17:25:00 GMTGLOBAL NICKEL WRAP: China premiums higher on financing; European cut cathodes upNickel premiums in China and cut cathode premiums in Europe have both moved higher this week, while the rest of the nickel market was flat during the seasonal summer quiet period.http://www.metalbulletin.com/Article/3824535/GLOBAL-NICKEL-WRAP-China-premiums-higher-on-financing-European-cut-cathodes-up.htmlWed, 01 Aug 2018 17:15:00 GMTPRICING NOTICE: Delayed publication of low-grade cobalt price assessmentAs a result of a technical error, Metal Bulletin’s low-grade cobalt price assessment for August 1 was published on the Metal Bulletin price book later than scheduled. http://www.metalbulletin.com/Article/3824648/PRICING-NOTICE-Delayed-publication-of-low-grade-cobalt-price-assessment.htmlWed, 01 Aug 2018 16:25:00 GMTEUROPE HRC: Domestic prices supported by lack of import competitionDomestic prices for hot-rolled coil (HRC) in Europe have been supported by a lack of competitive import offers in the market, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824602/EUROPE-HRC-Domestic-prices-supported-by-lack-of-import-competition.htmlWed, 01 Aug 2018 15:58:00 GMTZinc concentrate TCs soar in July while Chinese smelters cut tonnages, lead terms dropZinc treatment charges (TCs) have risen to their highest in almost two years, with lower exchange prices for the metal making smelters in China lower output, while terms for lead concentrates fell with arbitrage trades exacerbating a market significantly short of supply.http://www.metalbulletin.com/Article/3824419/Zinc-concentrate-TCs-soar-in-July-while-Chinese-smelters-cut-tonnages-lead-terms-drop.htmlWed, 01 Aug 2018 15:45:00 GMTEUROPE WIRE ROD: Prices unchanged amid tight supplyDomestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe remained unchanged over the week ahead of the August holiday period, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824538/EUROPE-WIRE-ROD-Prices-unchanged-amid-tight-supply.htmlWed, 01 Aug 2018 15:40:00 GMTSOUTHERN EUROPE REBAR: Prices hit six-year high on tight supplyPrices for rebar produced and delivered in Southern Europe have continued their recent increase, reaching their highest level since March 2012, amid continued tight supply during the summer maintenance period, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824498/SOUTHERN-EUROPE-REBAR-Prices-hit-six-year-high-on-tight-supply.htmlWed, 01 Aug 2018 15:30:00 GMTNORTHERN EUROPE REBAR: Prices stable ahead of August holidaysPrices for rebar produced and delivered in Northern Europe remained unchanged over the past week, with market participants expecting prices to remain largely stable over the August holiday period, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824497/NORTHERN-EUROPE-REBAR-Prices-stable-ahead-of-August-holidays.htmlWed, 01 Aug 2018 15:18:00 GMTEUROPE PLATE: Trend remains positive despite slow tradingDomestic prices for heavy steel plate in the EU were expected to rise despite the poor level of trading activity, sources told Metal Bulletin on Wednesday August 1. http://www.metalbulletin.com/Article/3824450/EUROPE-PLATE-Trend-remains-positive-despite-slow-trading.htmlWed, 01 Aug 2018 14:45:00 GMTALUMINIUM ARB INDICATOR: Arb window tightens on falling LME price, lower premiumsThe aluminium import arbitrage between the United States and Asia tightened this month for both duty-free and duty-paid material, with market participants noting that the arbitrage opportunity is looking less attractive.http://www.metalbulletin.com/Article/3824387/ALUMINIUM-ARB-INDICATOR-Arb-window-tightens-on-falling-LME-price-lower-premiums.htmlWed, 01 Aug 2018 14:30:00 GMTCHINA STEEL SPOTLIGHT: July flat steel inventories rise on weak demandFlat steel inventories in China rose in July on weak demand for hot-rolled coil (HRC) from the downstream industries, while plate producers increased production on firm demand from end-users. http://www.metalbulletin.com/Article/3824310/CHINA-STEEL-SPOTLIGHT-July-flat-steel-inventories-rise-on-weak-demand.htmlWed, 01 Aug 2018 14:08:00 GMTLME launches consultation on rule changes, electronic closing price trial The London Metal Exchange has started a consolidated consultation process to enable it to make the changes it put forward in its new business proposal.http://www.metalbulletin.com/Article/3824405/LME-launches-consultation-on-rule-changes-electronic-closing-price-trial.htmlWed, 01 Aug 2018 13:54:00 GMTArcelorMittal Europe Q2 earnings rise 22% on higher steel pricesArcelorMittal Europe's second-quarter 2018 earnings jumped 21.6% year on year due to higher steel prices, the company said on Wednesday August 1.http://www.metalbulletin.com/Article/3824382/ArcelorMittal-Europe-Q2-earnings-rise-22-on-higher-steel-prices.htmlWed, 01 Aug 2018 13:05:00 GMTGLOBAL ZINC & LEAD WRAP: Indian zinc premium at 19-month high; Chinese lead premiums fall on supply uptick India’s zinc and lead markets saw the most premium movements in the week to Tuesday July 31 with zinc premiums hitting a 19-month high on domestic shortage and secondary lead premiums surging on strong inflows of costlier Korean units. http://www.metalbulletin.com/Article/3824389/GLOBAL-ZINC-and-LEAD-WRAP-Indian-zinc-premium-at-19-month-high-Chinese-lead-premiums-fall-on-supply.htmlWed, 01 Aug 2018 12:51:00 GMTIRON ORE DAILY: Seaborne market slows down The seaborne iron ore market showed signs of slowing down on Wednesday August 1, with confidence in the ferrous market being overshadowed by a likely push by the central Chinese government to avoid a pricing bubble in the country’s real estate market. http://www.metalbulletin.com/Article/3824379/IRON-ORE-DAILY-Seaborne-market-slows-down.htmlWed, 01 Aug 2018 12:41:00 GMTCHINA HRC: Prices little changed on sparse tradingChina’s hot-rolled coil prices were largely steady on Thursday August 1 with trading activity remaining low, though the eastern region saw some transactions being concluded at higher levels.http://www.metalbulletin.com/Article/3824370/CHINA-HRC-Prices-little-changed-on-sparse-trading.htmlWed, 01 Aug 2018 12:07:00 GMTCOKING COAL DAILY: Buyers remain cautious amid uncertain price trendsMovements in the seaborne coking coal spot market were mixed on Wednesday August 1, leaving participants in a blur about which way prices would head next. http://www.metalbulletin.com/Article/3824375/COKING-COAL-DAILY-Buyers-remain-cautious-amid-uncertain-price-trends.htmlWed, 01 Aug 2018 11:53:00 GMTLIVE FUTURES REPORT 01/08: LME base metals pressured by poor Chinese data, resurgent trade tensionsBase metals on the London Metal Exchange were lower across the board during morning trading on Wednesday August 1, hampered by slower growth figures from China’s manufacturing sector amid an intensifying US-China trade rift.http://www.metalbulletin.com/Article/3824385/LIVE-FUTURES-REPORT-0108-LME-base-metals-pressured-by-poor-Chinese-data-resurgent-trade-tensions.htmlWed, 01 Aug 2018 11:35:00 GMTPRICING NOTICE: Launch of daily Southeast Asia billet import priceMetal Bulletin today amended the frequency of its Southeast Asia steel billet import price assessment from weekly to launch a daily price starting on Wednesday August 1, published on a $ per tonne cfr Philippines basis.http://www.metalbulletin.com/Article/3824016/PRICING-NOTICE-Launch-of-daily-Southeast-Asia-billet-import-price.htmlWed, 01 Aug 2018 11:25:00 GMTTRADE CASE MONITOR: Around the world in July 2018As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in July 2018. http://www.metalbulletin.com/Article/3824054/TRADE-CASE-MONITOR-Around-the-world-in-July-2018.htmlWed, 01 Aug 2018 11:05:00 GMTCHINA REBAR: Domestic market strengthens further on higher list pricesChina’s domestic rebar prices increased again on Wednesday August 1 after steel mills raised their list prices for the long steel product. http://www.metalbulletin.com/Article/3824349/CHINA-REBAR-Domestic-market-strengthens-further-on-higher-list-prices.htmlWed, 01 Aug 2018 10:55:00 GMTEXPERT VIEW: Traded option volatility spike short-lived for copper as August strike expiry nears The recent uptick in traded option volatilities in the London Metal Exchange copper market has faded as the month-end draws near, while what is likely to be an unexciting August expiry this Wednesday looks like setting a marker for the rest of the summer. http://www.metalbulletin.com/Article/3824363/EXPERT-VIEW-Traded-option-volatility-spike-short-lived-for-copper-as-August-strike-expiry-nears.htmlWed, 01 Aug 2018 10:43:00 GMTGLOBAL TIN WRAP: European premiums tick lower, Asia and US steady amid thin trades Tin premiums in Europe edged lower on Tuesday July 31 due to some European buyers securing spot volumes at reduced levels, while Asian and US premiums were unchanged with few spot deals transacted to challenge premium levels. http://www.metalbulletin.com/Article/3824285/GLOBAL-TIN-WRAP-European-premiums-tick-lower-Asia-and-US-steady-amid-thin-trades.htmlWed, 01 Aug 2018 09:55:00 GMTChina’s plate export prices narrow amid buyer resistance toward mills' increasesExport prices for Chinese steel plate narrowed over the past week, with mills attempting to push through increases amid a rebounding domestic market, and buyers resisting them.http://www.metalbulletin.com/Article/3824317/Chinas-plate-export-prices-narrow-amid-buyer-resistance-toward-mills-increases.htmlWed, 01 Aug 2018 09:04:00 GMTMETALS MORNING VIEW 01/08: Metals prices retreat again after Chinese manufacturing PMI disappointsThree-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Wednesday August 1. Zinc led the decline with a 1.7% drop to $2,590 per tonne, while copper was down by 1.2% at $6,244 per tonne.http://www.metalbulletin.com/Article/3824319/METALS-MORNING-VIEW-0108-Metals-prices-retreat-again-after-Chinese-manufacturing-PMI-disappoints.htmlWed, 01 Aug 2018 08:52:00 GMTChina’s wire rod export prices up on domestic gains Export prices for Chinese wire rod moved upward over the past week on a stronger domestic market, although demand remained weak. http://www.metalbulletin.com/Article/3824313/Chinas-wire-rod-export-prices-up-on-domestic-gains.htmlWed, 01 Aug 2018 08:16:00 GMTLIVE FUTURES REPORT 01/08: SHFE base metals prices mixed; copper supportedBase metals prices on the Shanghai Futures Exchange were split into two camps at the end of morning trading on Wednesday August 1, with nickel, zinc and copper edging higher, while the rest weakened.http://www.metalbulletin.com/Article/3824318/LIVE-FUTURES-REPORT-0108-SHFE-base-metals-prices-mixed-copper-supported.htmlWed, 01 Aug 2018 07:55:00 GMTGLOBAL COPPER WRAP: Contango sends copper premiums higher in China; European, US markets steadyCopper cathode premiums in China rose in the week to Tuesday July 31 with a stable contango in London Metal Exchange forward price spreads boosting sellers’ resolve to deal at higher levels.http://www.metalbulletin.com/Article/3824272/GLOBAL-COPPER-WRAP-Contango-sends-copper-premiums-higher-in-China-European-US-markets-steady.htmlWed, 01 Aug 2018 06:22:00 GMTChina AM: Coke contract bucks downtrending futuresChina’s ferrous futures largely weakened during morning trading on Wednesday August 1, with the exception of the coke contract, which ended the session higher.http://www.metalbulletin.com/Article/3824314/China-AM-Coke-contract-bucks-downtrending-futures.htmlWed, 01 Aug 2018 06:18:00 GMTGLOBAL ALUMINIUM WRAP: Rotterdam premium rises on continued LME contango; other regional premiums flat to weaker amid quiet conditionsAn upward correction in aluminium premiums at the Dutch port of Rotterdam got underway in the week to Tuesday July 31 after a persistent contango in London Metal Exchange forward price spreads fueled bullish sentiment in the market.http://www.metalbulletin.com/Article/3824283/GLOBAL-ALUMINIUM-WRAP-Rotterdam-premium-rises-on-continued-LME-contango-other-regional-premiums-flat.htmlWed, 01 Aug 2018 04:53:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 31/07A summary of base metals premiums from across the globe for the week to Tuesday July 31.http://www.metalbulletin.com/Article/3824164/WEEKLY-BASE-METAL-PREMIUMS-REPORT-3107.htmlTue, 31 Jul 2018 20:58:00 GMTPRICING NOTICE: Proposal to discontinue Iran import HRC, CRC pricesMetal Bulletin is proposing to discontinue its weekly price assessments for Iranian imports of hot-rolled coil (HRC) and cold-rolled coil (CRC). http://www.metalbulletin.com/Article/3824266/PRICING-NOTICE-Proposal-to-discontinue-Iran-import-HRC-CRC-prices.htmlTue, 31 Jul 2018 19:10:00 GMTLIVE FUTURES REPORT 31/07: LME base metals edge higher on easing US-China trade relations; zinc climbs 2.6%Base metals on the London Metal Exchange moved higher at the close of trading on Tuesday July 31, supported by easing trade relations between the United States and China amid broad stock drawdowns and a seasonal summer slowdown. http://www.metalbulletin.com/Article/3824265/LIVE-FUTURES-REPORT-3107-LME-base-metals-edge-higher-on-easing-US-China-trade-relations-zinc-climbs.htmlTue, 31 Jul 2018 18:00:00 GMTGULF FLAT STEEL IMPORTS: Some prices fall, demand weak Some flat steel import prices in the United Arab Emirates and Saudi Arabia decreased this week, with demand still weak, sources told Metal Bulletin on Tuesday July 31. http://www.metalbulletin.com/Article/3824132/GULF-FLAT-STEEL-IMPORTS-Some-prices-fall-demand-weak.htmlTue, 31 Jul 2018 17:25:00 GMTGULF STEEL BILLET, REBAR: Rebar prices fall as demand remains weakPrices for domestic and imported rebar in the United Arab Emirates decreased on Tuesday July 31, with demand limited for seasonal reasons, sources told Metal Bulletin. http://www.metalbulletin.com/Article/3824130/GULF-STEEL-BILLET-REBAR-Rebar-prices-fall-as-demand-remains-weak.htmlTue, 31 Jul 2018 17:25:00 GMTFANYA: Minor metals stocks question resurfaces following public trialWith the trial of suspects involved in the Fanya Metal Exchange finally taking place earlier this month in Kunming, China, concerns of the vast minor metals stocks the exchange held have re-emerged. http://www.metalbulletin.com/Article/3824118/FANYA-Minor-metals-stocks-question-resurfaces-following-public-trial.htmlTue, 31 Jul 2018 17:08:00 GMTPRICING NOTICE: Delayed publication of iron ore prices As a result of a technical error, iron ore prices for July 31 were published on the Metal Bulletin price book later than scheduled. http://www.metalbulletin.com/Article/3824117/PRICING-NOTICE-Delayed-publication-of-iron-ore-prices.htmlTue, 31 Jul 2018 15:50:00 GMTPRICING NOTICE: Delayed publication of coking coal pricesAs a result of a technical error, coking coal prices for July 31 were published on the Metal Bulletin price book later than scheduled. http://www.metalbulletin.com/Article/3824115/PRICING-NOTICE-Delayed-publication-of-coking-coal-prices.htmlTue, 31 Jul 2018 15:45:00 GMTLIVE FUTURES REPORT 31/07: Comex copper sheds losses amid strike talkComex copper prices recovered after a three day downturn with talks of a strike at Escondida mine spurring the red metal higher.http://www.metalbulletin.com/Article/3824108/LIVE-FUTURES-REPORT-3107-Comex-copper-sheds-losses-amid-strike-talk.htmlTue, 31 Jul 2018 15:40:00 GMTIRON ORE DAILY: Seaborne fines prices rise, lump premium fallsSeaborne iron ore fines traded at higher prices on Tuesday July 31 while a lump cargo changed hands at a weaker price, Metal Bulletin was told. http://www.metalbulletin.com/Article/3824036/IRON-ORE-DAILY-Seaborne-fines-prices-rise-lump-premium-falls.htmlTue, 31 Jul 2018 15:38:00 GMTGLOBAL MANGANESE WRAP: Low-grade ore prices continue to slide; high-grade quotations rise on last-minute buying Prices for low-grade and high-grade manganese ore continued to diverge over the past week, with those for lower-grade material falling while quotations for higher-grade ore rose on the back of last-minute trades concluded at higher prices. http://www.metalbulletin.com/Article/3823818/GLOBAL-MANGANESE-WRAP-Low-grade-ore-prices-continue-to-slide-high-grade-quotations-rise-on-last.htmlTue, 31 Jul 2018 14:47:00 GMTGLENCORE AT A GLANCE: Q2 production resultsA summary of Glencore's second quarter production results for the three months ended June 30 (own-sourced output volume, year-on-year change):http://www.metalbulletin.com/Article/3824005/GLENCORE-AT-A-GLANCE-Q2-production-results.htmlTue, 31 Jul 2018 14:11:00 GMTPRICING NOTICE: Discontinuation of Reuters United States New York spot tin priceReuters has decided to discontinue both the collection and aggregation of its New York spot tin price, making the information unavailable to Metal Bulletin. http://www.metalbulletin.com/Article/3824051/PRICING-NOTICE-Discontinuation-of-Reuters-United-States-New-York-spot-tin-price.htmlTue, 31 Jul 2018 13:57:00 GMTGlobal yearly DRI production up 27% in June – WorldsteelGlobal direct-reduced iron (DRI) output increased 27.15% year on year in June 2018, according to new statistics published by the World Steel Association (Worldsteel) late last week.http://www.metalbulletin.com/Article/3824028/Global-yearly-DRI-production-up-27-in-JuneWorldsteel.htmlTue, 31 Jul 2018 13:25:00 GMTGLOBAL TUNGSTEN WRAP: European APT prices fall on ample stocks; muted demand puts pressure on Chinese prices Tungsten prices retreated in the week to Friday July 27 after ammonium paratungstate supply from China resumed following the end of environmental-related suspensions in Jiangxi. http://www.metalbulletin.com/Article/3823847/GLOBAL-TUNGSTEN-WRAP-European-APT-prices-fall-on-ample-stocks-muted-demand-puts-pressure-on-Chinese.htmlTue, 31 Jul 2018 12:23:00 GMTChinese environmental policies put pressure on European scrap pricesA crackdown on the quantities of waste included with scrap material imported into China has created a global glut in scrap supply, pushing down achieved prices in the European ferrous and non-ferrous markets. http://www.metalbulletin.com/Article/3823856/Chinese-environmental-policies-put-pressure-on-European-scrap-prices.htmlTue, 31 Jul 2018 12:00:00 GMTCOKING COAL DAILY: Bearishness remains despite blip in cfr China pricesPrices for seaborne premium hard coking coal sold into China picked up on Tuesday July 31, though market participants remained bearish, mostly due to ongoing port congestion in the country.http://www.metalbulletin.com/Article/3824026/COKING-COAL-DAILY-Bearishness-remains-despite-blip-in-cfr-China-prices.htmlTue, 31 Jul 2018 11:30:00 GMTLIVE FUTURES REPORT 31/07: LME base metals range-bound amid summer slowdown, weaker US dollarBase metals on the London Metal Exchange were broadly range-bound during morning trading on Tuesday July 31, eased by stock drawdowns, cancelations and a weaker US dollar index while trade tensions keep investors guarded. http://www.metalbulletin.com/Article/3824022/LIVE-FUTURES-REPORT-3107-LME-base-metals-range-bound-amid-summer-slowdown-weaker-US-dollar.htmlTue, 31 Jul 2018 11:15:00 GMTCHINA HRC: Prices widen amid sparse tradingChina’s domestic hot-rolled coil prices widened upward on Tuesday July 31 amid continual production cuts, while export prices weakened slightly with a segment of the market bidding lower.http://www.metalbulletin.com/Article/3824018/CHINA-HRC-Prices-widen-amid-sparse-trading.htmlTue, 31 Jul 2018 11:04:00 GMTGlencore cobalt output up 31% in H1 after Katanga restart Glencore produced 16,700 tonnes of cobalt in the first half of the year, up 31% compared with a first half of 2017.http://www.metalbulletin.com/Article/3824008/Glencore-cobalt-output-up-31-in-H1-after-Katanga-restart.htmlTue, 31 Jul 2018 10:50:00 GMTCHINA REBAR: Domestic prices rise further on futures gains China’s domestic rebar prices moved up further on Tuesday July 31 following gains in the futures market. http://www.metalbulletin.com/Article/3824012/CHINA-REBAR-Domestic-prices-rise-further-on-futures-gains.htmlTue, 31 Jul 2018 10:35:00 GMTEscondida union expects strike vote; 60% of votes already inUnionized workers at the Escondida copper mine in Chile are likely to vote unanimously to strike when ballots are counted on August 1, union officials told Metal Bulletin.http://www.metalbulletin.com/Article/3824010/Escondida-union-expects-strike-vote-60-of-votes-already-in.htmlTue, 31 Jul 2018 09:55:00 GMTGLOBAL CHROME WRAP: China’s imported ore, alloy prices drop; UG2 standoff continuesCharge chrome and ferro-chrome prices weakened in China last week amid poor demand and a protracted standoff in the ore market.http://www.metalbulletin.com/Article/3824004/GLOBAL-CHROME-WRAP-Chinas-imported-ore-alloy-prices-drop-UG2-standoff-continues.htmlTue, 31 Jul 2018 08:28:00 GMTSoutheast Asia’s billet, slab prices firm amid slow marketImport prices for steel billet in Southeast Asia and slab in the wider region including East Asia were flat over the past week amid a lack of transactions, with supply tightening while demand remained weak. http://www.metalbulletin.com/Article/3823995/Southeast-Asias-billet-slab-prices-firm-amid-slow-market.htmlTue, 31 Jul 2018 08:07:00 GMTChina AM: Steel futures rise amid declining inventoriesChina’s steel futures strengthened during morning trading on Tuesday July 31 following the release of monthly spot market inventory data showing a sustained decrease for Chinese rebar, while the raw materials contracts declined during the session.http://www.metalbulletin.com/Article/3823997/China-AM-Steel-futures-rise-amid-declining-inventories.htmlTue, 31 Jul 2018 06:42:00 GMTLIVE FUTURES REPORT 31/07: Gains across the board for SHFE base metals, weak dollar supportingBase metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Tuesday July 31, with a weaker dollar providing broad support to the complex.http://www.metalbulletin.com/Article/3824000/LIVE-FUTURES-REPORT-3107-Gains-across-the-board-for-SHFE-base-metals-weak-dollar-supporting.htmlTue, 31 Jul 2018 06:42:00 GMTJune silico-manganese figures show impact of Chinese production cuts – ImnIWorld silico-manganese supply dropped 7.2% in June compared with May, largely due to production cuts in China following environmental inspections, the latest data from the International Manganese Institute (IMnI) shows. http://www.metalbulletin.com/Article/3823996/June-silico-manganese-figures-show-impact-of-Chinese-production-cutsImnI.htmlTue, 31 Jul 2018 04:37:00 GMTWorld manganese supply up 4.4% in JuneWorld manganese supply increased by 4.4% year on year in June and 2.6% against May, according to the latest data from the International Manganese Institute (IMnI).http://www.metalbulletin.com/Article/3823992/World-manganese-supply-up-44-in-June.htmlTue, 31 Jul 2018 03:01:00 GMTRUSSIA FLAT STEEL: Mills to raise prices in August on possible shortagePrices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia’s central region around Moscow will increase in August, producers have told Metal Bulletin, with higher demand expected and outages planned in September. http://www.metalbulletin.com/Article/3823895/RUSSIA-FLAT-STEEL-Mills-to-raise-prices-in-August-on-possible-shortage.htmlMon, 30 Jul 2018 19:57:00 GMTCIS FLAT STEEL: Market flat on low Chinese HRC pricesThe export markets for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States were flat as buyers remained wary of further price declines due to weak prices for Chinese material. http://www.metalbulletin.com/Article/3823853/CIS-FLAT-STEEL-Market-flat-on-low-Chinese-HRC-prices.htmlMon, 30 Jul 2018 18:12:00 GMTKatoen Natie exits LME warehouse services in Europe after Asia withdrawal last monthKatoen Natie Commodities Antwerp has withdrawn entirely from London Metal Exchange warehouse services in Europe, the exchange said.http://www.metalbulletin.com/Article/3823842/Katoen-Natie-exits-LME-warehouse-services-in-Europe-after-Asia-withdrawal-last-month.htmlMon, 30 Jul 2018 18:02:00 GMTFurnace transition causes Recylex lead sales revenue to drop 18% in H1 European lead producer Recylex’s revenue from lead sales fell by 18% year on year in the first half of this year due to a transitioning of its Weser-Metall smelter to a new reduction furnace. http://www.metalbulletin.com/Article/3823855/Furnace-transition-causes-Recylex-lead-sales-revenue-to-drop-18-in-H1.htmlMon, 30 Jul 2018 17:59:00 GMTLIVE FUTURES REPORT 30/07: LME base metals climb on weaker dollar; zinc lags behindBase metals on the London Metal Exchange ended mostly higher at the close of trading on Monday July 30, led by a 1% climb in aluminium prices while broad risk aversion continues to dominate market sentiment. http://www.metalbulletin.com/Article/3823857/LIVE-FUTURES-REPORT-3007-LME-base-metals-climb-on-weaker-dollar-zinc-lags-behind.htmlMon, 30 Jul 2018 17:55:00 GMTDAILY SCRAP REPORT: Market lifeless at start of week Turkish steel producers stayed out of the deep-sea scrap markets at the start of the week, with no new deep-sea cargoes coming to light on Monday July 30.http://www.metalbulletin.com/Article/3823814/DAILY-SCRAP-REPORT-Market-lifeless-at-start-of-week.htmlMon, 30 Jul 2018 16:57:00 GMTTURKEY FERROUS SCRAP: Ship scrap price slips but auto bundles stableThe price of domestic auto bundle scrap in Turkey has been steady over the past week while the price of shipbreaking scrap has fallen slightly because of weak demand, sources said on Monday July 30. http://www.metalbulletin.com/Article/3823812/TURKEY-FERROUS-SCRAP-Ship-scrap-price-slips-but-auto-bundles-stable.htmlMon, 30 Jul 2018 16:50:00 GMTGLOBAL ANTIMONY WRAP: European prices rebound slightly; Chinese market stable Antimony prices in Europe rose 0.6% from the midweek assessment on Friday July 27, while prices in China were stable week on week on low demand. http://www.metalbulletin.com/Article/3823815/GLOBAL-ANTIMONY-WRAP-European-prices-rebound-slightly-Chinese-market-stable.htmlMon, 30 Jul 2018 16:36:00 GMTCIS STEEL SLAB: Prices start to climb, more rises expected in AugustThe export price for CIS-origin steel slab inched upward over the week ended Monday July 30 with several bookings heard done at higher prices. http://www.metalbulletin.com/Article/3823782/CIS-STEEL-SLAB-Prices-start-to-climb-more-rises-expected-in-August.htmlMon, 30 Jul 2018 16:34:00 GMTTeck to lift germanium partial force majeure after Q4 furnace restartTeck Resources expects to remove partial force majeure on its germanium output after the fourth-quarter restart of one of the fuming furnaces at its zinc and lead smelting and refining complex, Trail Operations.http://www.metalbulletin.com/Article/3823723/Teck-to-lift-germanium-partial-force-majeure-after-Q4-furnace-restart.htmlMon, 30 Jul 2018 16:20:00 GMTLIVE FUTURES REPORT 30/07: Comex copper price falters as week beginsComex copper prices drifted into negative territory to open the week on Monday July 30, although the market was awaiting supply news out of South America. http://www.metalbulletin.com/Article/3823717/LIVE-FUTURES-REPORT-3007-Comex-copper-price-falters-as-week-begins.htmlMon, 30 Jul 2018 14:33:00 GMTIRON ORE DAILY: Prices rangebound amid Changzhou restriction jittersPhysical iron ore prices were little changed on Monday July 30 with many market participants adopting a wait-and-see stance following the release of a local government document on steelmaking restrictions in China. http://www.metalbulletin.com/Article/3823686/IRON-ORE-DAILY-Prices-rangebound-amid-Changzhou-restriction-jitters.htmlMon, 30 Jul 2018 13:57:00 GMTANALYSIS: Explaining the silica, alumina value-in-use oscillation in iron ore pricingIt’s been an uncharacteristically stable year for the benchmark iron ore price, with the Metal Bulletin Iron Ore Index-62 (MBIOI-62) moving within a 26% range this year, and a less than 10% range over the past four months.http://www.metalbulletin.com/Article/3823645/ANALYSIS-Explaining-the-silica-alumina-value-in-use-oscillation-in-iron-ore-pricing.htmlMon, 30 Jul 2018 11:55:00 GMTLIVE FUTURES REPORT 30/07: LME copper price struggles amid potential Escondida industrial action; zinc, lead move lower Copper prices on the London Metal Exchange were down 1.4% during morning trading on Monday July 30, with the market wary of ongoing contract disagreements at BHP’s Escondida mine in Chile. http://www.metalbulletin.com/Article/3823668/LIVE-FUTURES-REPORT-3007-LME-copper-price-struggles-amid-potential-Escondida-industrial-action-zinc.htmlMon, 30 Jul 2018 11:47:00 GMTCOKING COAL DAILY: Seaborne market slows down after busy weekSeaborne coking coal spot market was largely unchanged on Monday July 30 after a flurry of transactions last week. http://www.metalbulletin.com/Article/3823669/COKING-COAL-DAILY-Seaborne-market-slows-down-after-busy-week.htmlMon, 30 Jul 2018 11:30:00 GMTCHINA REBAR: Domestic prices rise on steady trading China’s domestic rebar prices increased on Monday July 30 due to stable demand. http://www.metalbulletin.com/Article/3823658/CHINA-REBAR-Domestic-prices-rise-on-steady-trading.htmlMon, 30 Jul 2018 11:02:00 GMTCHINA COKING COAL: Prices expected to weaken further China’s domestic coking coal market weakened in July amid production restrictions in the country’s steelmaking hub of Tangshan and four rounds of coke price cuts by a major mill.http://www.metalbulletin.com/Article/3823654/CHINA-COKING-COAL-Prices-expected-to-weaken-further.htmlMon, 30 Jul 2018 10:49:00 GMTTeck sells Red Dog zinc concentrates into China for first time, opening market [UPDATED]Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity.http://www.metalbulletin.com/Article/3823341/Teck-sells-Red-Dog-zinc-concentrates-into-China-for-first-time-opening-market-[UPDATED].htmlMon, 30 Jul 2018 10:36:00 GMTChina HRC: Domestic prices maintain high levels despite thin trading China’s hot-rolled coil prices remained high on Monday July 30 although trading was sparse, sources said. http://www.metalbulletin.com/Article/3823663/China-HRC-Domestic-prices-maintain-high-levels-despite-thin-trading.htmlMon, 30 Jul 2018 10:29:00 GMTSouth African H1 manganese ore exports down 23% to India, up 17% to ChinaShipping data shows total South African manganese ore exports exceeded 8.3 million tonnes in the first six months of 2018, up 17% from the same period in 2017. http://www.metalbulletin.com/Article/3823656/South-African-H1-manganese-ore-exports-down-23-to-India-up-17-to-China.htmlMon, 30 Jul 2018 10:05:00 GMTMETALS MORNING VIEW 30/07: Copper prices fail to rise on Escondida labor developmentThree-month base metals prices on the London Metal Exchange were broadly weaker on the morning of Monday July 30, with zinc (-0.9%), copper (-0.7%), lead (-0.2%) and nickel (-0.1%) all down, while aluminium and tin prices were up by 0.4% and 0.3% respectively.http://www.metalbulletin.com/Article/3823649/METALS-MORNING-VIEW-3007-Copper-prices-fail-to-rise-on-Escondida-labor-development.htmlMon, 30 Jul 2018 08:15:00 GMTChina AM: Ferrous futures start week without clear trendChina’s ferrous futures moved in different directions during morning trading on Monday July 30, with the hot-rolled coil and iron ore contracts declining while those for rebar, coking coal and coke ended the session higher.http://www.metalbulletin.com/Article/3823650/China-AM-Ferrous-futures-start-week-without-clear-trend.htmlMon, 30 Jul 2018 07:54:00 GMTLIVE FUTURES REPORT 30/07: SHFE copper, lead prices fall; rest higherThe majority of base metals prices on the Shanghai Futures Exchange ended the morning trading session on Monday July 30 in positive territory, with only copper and lead bucking the general strength.http://www.metalbulletin.com/Article/3823646/LIVE-FUTURES-REPORT-3007-SHFE-copper-lead-prices-fall-rest-higher.htmlMon, 30 Jul 2018 07:40:00 GMTTrade log July 2018: Cobalt Cobalt trade log including business, bids and offers reported to Metal Bulletin. http://www.metalbulletin.com/Article/3818388/Trade-log-July-2018-Cobalt.htmlMon, 30 Jul 2018 05:34:00 GMTGLOBAL BILLET WRAP: China price rises buck trend as global demand stays softSteel billet prices in the global markets remained steady or went up slightly during the week from Monday July 23 to Friday July 27. But demand in the major markets was still subdued, with the exception of China. http://www.metalbulletin.com/Article/3823526/GLOBAL-BILLET-WRAP-China-price-rises-buck-trend-as-global-demand-stays-soft.htmlMon, 30 Jul 2018 00:01:00 GMTSouth America flat steel import prices virtually stable on steady offersImport prices of flat steel material in South American countries remained mostly unchanged in the week ended Friday July 27, with traders reporting low material availability and firm offers. http://www.metalbulletin.com/Article/3823614/South-America-flat-steel-import-prices-virtually-stable-on-steady-offers.htmlFri, 27 Jul 2018 20:45:00 GMTEUROPE ALLOY STEEL SCRAP: Prices stable in quiet marketUK and European alloy steel scrap prices have been largely unchanged over the past week because of the seasonally slow market, sources told Metal Bulletin on Friday July 27. http://www.metalbulletin.com/Article/3823608/EUROPE-ALLOY-STEEL-SCRAP-Prices-stable-in-quiet-market.htmlFri, 27 Jul 2018 19:40:00 GMTEUROPE STAINLESS STEEL: Prices stable, mills expected to increase offersDomestic prices for stainless steel products in Europe have gone unchanged over the past week but mills are expected to increase their offers, sources told Metal Bulletin on Friday July 27. http://www.metalbulletin.com/Article/3823605/EUROPE-STAINLESS-STEEL-Prices-stable-mills-expected-to-increase-offers.htmlFri, 27 Jul 2018 19:30:00 GMTIndian local billet prices down by $4 per tonne despite rise in demandSecondary steel billet prices in the Indian domestic market have fallen this week by at least 300 rupees ($4) per tonne, even though demand has improved for semi-finished steel among finished product makers. http://www.metalbulletin.com/Article/3823604/Indian-local-billet-prices-down-by-4-per-tonne-despite-rise-in-demand.htmlFri, 27 Jul 2018 19:10:00 GMTBrazil slab export prices narrow upward in offers to North America, EuropeExport prices for Brazil-origin steel slab narrowed upward this week with local producers focusing their offers on markets with higher prices. http://www.metalbulletin.com/Article/3823602/Brazil-slab-export-prices-narrow-upward-in-offers-to-North-America-Europe.htmlFri, 27 Jul 2018 18:30:00 GMTLIVE FUTURES REPORT 27/07: LME base metals tick higher on weaker dollar, stock drawdowns; lead price under pressureBase metals on the London Metal Exchange ended the week mostly higher by the close of trading on Friday July 27, propped up by a marginal dip in the US dollar index while broad LME inventory drawdowns push prices higher. http://www.metalbulletin.com/Article/3823601/LIVE-FUTURES-REPORT-2707-LME-base-metals-tick-higher-on-weaker-dollar-stock-drawdowns-lead-price.htmlFri, 27 Jul 2018 18:00:00 GMTUS PIG IRON: Bid-offer standoff may break soon, sources sayThere has been another week of silence in the United States pig iron market in the period ending Friday July 27, with buyers and suppliers failing again to agree on prices. http://www.metalbulletin.com/Article/3823528/US-PIG-IRON-Bid-offer-standoff-may-break-soon-sources-say.htmlFri, 27 Jul 2018 17:54:00 GMTGLOBAL CHROME SNAPSHOT: Little sign of bulls prior to new tenders, during summer lullKey data from the pricing session ending July 27.http://www.metalbulletin.com/Article/3823597/GLOBAL-CHROME-SNAPSHOT-Little-sign-of-bulls-prior-to-new-tenders-during-summer-lull.htmlFri, 27 Jul 2018 17:40:00 GMTEUROPE ALLOY STEEL SURCHARGE: August surcharges drop on lower nickel costEuropean alloy steel surcharges have dropped for August deliveries of grade-304 cold-rolled (CR) stainless steel sheet, after six consecutive months of growth, because of the recent fall in the cost of nickel. http://www.metalbulletin.com/Article/3823525/EUROPE-ALLOY-STEEL-SURCHARGE-August-surcharges-drop-on-lower-nickel-cost.htmlFri, 27 Jul 2018 17:29:00 GMTBATTERY RAW MATERIALS MARKET REPORT 27/07: Lithium continues downtrend [CORRECTED]An overview of the battery raw materials markets and their price moves from the past week.http://www.metalbulletin.com/Article/3823599/BATTERY-RAW-MATERIALS-MARKET-REPORT-2707-Lithium-continues-downtrend-[CORRECTED].htmlFri, 27 Jul 2018 17:27:00 GMTUK FERROUS SCRAP: Price falls on weak Turkish marketThe UK light iron scrap market edged down this week following the same negative market sentiment from last week, after continued weakness in the Turkish market, sources told Metal Bulletin.http://www.metalbulletin.com/Article/3823523/UK-FERROUS-SCRAP-Price-falls-on-weak-Turkish-market.htmlFri, 27 Jul 2018 17:20:00 GMTWEEKLY SCRAP WRAP: Global prices dip on weak downstream demandGlobal scrap prices softened in several markets in the working week from Monday July 23 to Friday July 27, often because of weak demand in the downstream long steel segments in Taiwan and Turkey. http://www.metalbulletin.com/Article/3823513/WEEKLY-SCRAP-WRAP-Global-prices-dip-on-weak-downstream-demand.htmlFri, 27 Jul 2018 17:05:00 GMTMINOR METALS MARKET REPORT 27/07: Antimony prices up; selenium, cadmium fall as market chases dealsAn overview of the minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3823561/MINOR-METALS-MARKET-REPORT-2707-Antimony-prices-up-selenium-cadmium-fall-as-market-chases-deals.htmlFri, 27 Jul 2018 16:44:00 GMTSILICON SNAPSHOT: Chinese export prices rebound ahead of new customs regulationsKey data from the pricing sessions in London and Shanghai on Friday July 27. http://www.metalbulletin.com/Article/3823339/SILICON-SNAPSHOT-Chinese-export-prices-rebound-ahead-of-new-customs-regulations.htmlFri, 27 Jul 2018 16:27:00 GMTINDIA IMPORT SCRAP: Prices down almost $10 due to lower offers, slack demandPrices for containerized shredded scrap imported into India have fallen by almost $10 per tonne this week due to reduced offer prices, sources told Metal Bulletin on Friday July 27. http://www.metalbulletin.com/Article/3823510/INDIA-IMPORT-SCRAP-Prices-down-almost-10-due-to-lower-offers-slack-demand.htmlFri, 27 Jul 2018 16:04:00 GMTDAILY SCRAP REPORT: Prices down again on latest US cargo dealTurkish steel mills have now started to book deep-sea scrap for delivery in September, while prices continue to fall, sources told Metal Bulletin on Friday July 27. http://www.metalbulletin.com/Article/3823506/DAILY-SCRAP-REPORT-Prices-down-again-on-latest-US-cargo-deal.htmlFri, 27 Jul 2018 16:00:00 GMTLIVE FUTURES REPORT 27/07: Comex copper prices ascend as dollar declinesComex copper prices ticked higher in the final session of the week on Friday July 27 morning in the US, amid a softer dollar and easing trade concerns.http://www.metalbulletin.com/Article/3823518/LIVE-FUTURES-REPORT-2707-Comex-copper-prices-ascend-as-dollar-declines.htmlFri, 27 Jul 2018 15:55:00 GMTTURKEY FLAT STEEL: Local demand poor but HRC exports stay strongLow demand in Turkey’s internal markets for flat steel products has stifled any chance of significant price movements this week, although the export demand for hot-rolled coil (HRC) remains strong, sources told Metal Bulletin on Friday July 27. http://www.metalbulletin.com/Article/3823502/TURKEY-FLAT-STEEL-Local-demand-poor-but-HRC-exports-stay-strong.htmlFri, 27 Jul 2018 15:22:00 GMTGLOBAL LITHIUM WRAP: China’s battery-grade lithium prices dip to draw in demandDomestic spot prices for battery-grade lithium carbonate in China have gone down week-on-week, with most producers lowering their prices to secure sales amid persistently low demand. http://www.metalbulletin.com/Article/3823349/GLOBAL-LITHIUM-WRAP-Chinas-battery-grade-lithium-prices-dip-to-draw-in-demand.htmlFri, 27 Jul 2018 13:45:00 GMTChinalco’s 400ktpy copper smelter to come online as early as mid-Aug - sourcesAluminium Corporation of China’s (Chinalco) massive Ningde copper smelter will commence output as early as mid-August, Metal Bulletin has learned.http://www.metalbulletin.com/Article/3823329/Chinalcos-400ktpy-copper-smelter-to-come-online-as-early-as-mid-Aug-sources.htmlFri, 27 Jul 2018 12:45:00 GMTIRON ORE DAILY: Seaborne trades boom on China's surging steel, futures marketsTrading activity picked up in the seaborne iron ore market on Friday July 27 amid surging steel and futures prices in China.http://www.metalbulletin.com/Article/3823337/IRON-ORE-DAILY-Seaborne-trades-boom-on-Chinas-surging-steel-futures-markets.htmlFri, 27 Jul 2018 12:27:00 GMTChina HRC: Domestic prices surge on production cutsChina’s domestic hot-rolled coil prices surged on Friday July 27 amid a drop in supply while the export market was largely unchanged with buyers taking a wait-and-see approach ahead of the weekend.http://www.metalbulletin.com/Article/3823301/China-HRC-Domestic-prices-surge-on-production-cuts.htmlFri, 27 Jul 2018 12:09:00 GMTCOKING COAL DAILY: Seaborne market descends furtherThe seaborne coking coal spot market inched lower on Friday July 27 with bearish participants expecting prices to trend lower in the days to come. http://www.metalbulletin.com/Article/3823313/COKING-COAL-DAILY-Seaborne-market-descends-further.htmlFri, 27 Jul 2018 11:51:00 GMTFOCUS: Cobalt traders jump on arbitrage opportunities in weakening summer markets Cobalt traders are taking advantage of pronounced arbitrage opportunities arising out of regional variations in price moves and buying preferences between China and Europe. http://www.metalbulletin.com/Article/3823173/FOCUS-Cobalt-traders-jump-on-arbitrage-opportunities-in-weakening-summer-markets.htmlFri, 27 Jul 2018 11:48:00 GMTSHFE STOCKS REPORT 27/07: Base metals inventory slip; zinc stocks sink to 10-yr lowBase metal stocks at Shanghai Futures Exchange-approved warehouses were broadly lower week on week on Friday July 27, with zinc stocks falling to their lowest in 10 years.http://www.metalbulletin.com/Article/3823312/SHFE-STOCKS-REPORT-2707-Base-metals-inventory-slip-zinc-stocks-sink-to-10-yr-low.htmlFri, 27 Jul 2018 11:10:00 GMTCHINA REBAR: Domestic prices rise amid futures, billet gains China’s domestic rebar prices moved up on Friday July 27 amid gains in the billet and futures markets.http://www.metalbulletin.com/Article/3823298/CHINA-REBAR-Domestic-prices-rise-amid-futures-billet-gains.htmlFri, 27 Jul 2018 11:05:00 GMTLIVE FUTURES REPORT 27/07: LME base metals consolidate lower amid trade concerns; nickel price climbsBase metals on the London Metal Exchange consolidated mostly lower during morning trading on Friday July 27, with sharp stock drawdowns and cancelations having little effect on prices amid enduring global trade tensions.http://www.metalbulletin.com/Article/3823310/LIVE-FUTURES-REPORT-2707-LME-base-metals-consolidate-lower-amid-trade-concerns-nickel-price-climbs.htmlFri, 27 Jul 2018 11:00:00 GMTChina AM: Ferrous futures surge amid production cutsChina’s ferrous futures surged during morning trading on Friday July 27, with the hot-rolled coil and rebar contracts taking the lead during the session amid ongoing production cuts in the country’s northern region.http://www.metalbulletin.com/Article/3823264/China-AM-Ferrous-futures-surge-amid-production-cuts.htmlFri, 27 Jul 2018 06:30:00 GMTLIVE FUTURES REPORT 27/07: SHFE base metals prices drift upward on easing trade tensions; market awaits further directionBase metals prices on the Shanghai Futures Exchange were little changed to stronger during morning trading on Friday July 27, with easing global trade tensions providing support to the complex.http://www.metalbulletin.com/Article/3823265/LIVE-FUTURES-REPORT-2707-SHFE-base-metals-prices-drift-upward-on-easing-trade-tensions-market-awaits.htmlFri, 27 Jul 2018 06:25:00 GMTCIS PIG IRON: Standoff between suppliers, buyers continuesNo deals were reported in the export pig iron market from the Commonwealth of Independent States (CIS) during the week ended Thursday July 26, with suppliers unable to agree on prices with buyers. http://www.metalbulletin.com/Article/3823234/CIS-PIG-IRON-Standoff-between-suppliers-buyers-continues.htmlThu, 26 Jul 2018 22:00:00 GMTLIVE FUTURES REPORT 26/07: LME base metals prices firm on easing trade concerns Base metals prices on the London Metal Exchange were marginally higher across the board at the close of trading on Thursday July 26, bolstered by easing trade tensions after the United States and European Union agreed to negotiate tariffs on industrial goods. http://www.metalbulletin.com/Article/3823232/LIVE-FUTURES-REPORT-2607-LME-base-metals-prices-firm-on-easing-trade-concerns.htmlThu, 26 Jul 2018 17:50:00 GMTTURKEY STEEL BILLET: Turkish buyers focus on scrap, prices stableTurkish prices for steel billet have remained stable over the past week because of sluggish demand and mills’ current interest in scrap feedstocks, sources told Metal Bulletin on Thursday July 26. http://www.metalbulletin.com/Article/3823216/TURKEY-STEEL-BILLET-Turkish-buyers-focus-on-scrap-prices-stable.htmlThu, 26 Jul 2018 16:48:00 GMTTURKEY LONG STEEL: Prices slightly up to counter weakening liraTurkish domestic rebar prices have inched up over the past week with a slight recovery being most evident in the Iskenderun region, sources said on Thursday July 26. http://www.metalbulletin.com/Article/3823213/TURKEY-LONG-STEEL-Prices-slightly-up-to-counter-weakening-lira.htmlThu, 26 Jul 2018 16:38:00 GMTDAILY SCRAP REPORT: Indices tick down less than $1 on fresh US cargoTurkish deep-sea scrap import prices have remained largely stable in recent sales and no recovery was expected any time soon, sources said on Thursday July 26. http://www.metalbulletin.com/Article/3823143/DAILY-SCRAP-REPORT-Indices-tick-down-less-than-1-on-fresh-US-cargo.htmlThu, 26 Jul 2018 16:33:00 GMTTeck cuts Trail refined lead forecast on tighter concentrates feed Teck Resources has lowered its forecast for refined lead production at its Trail operations, citing limited concentrate feed availability following disruptions at its suppliers. http://www.metalbulletin.com/Article/3823214/Teck-cuts-Trail-refined-lead-forecast-on-tighter-concentrates-feed.htmlThu, 26 Jul 2018 16:16:00 GMTLIVE FUTURES REPORT 26/07: Comex copper rally pauses, dollar ticks higherComex copper prices were very steady in morning trading on Thursday July 26, with the market processing the latest news on the trade war front.http://www.metalbulletin.com/Article/3823175/LIVE-FUTURES-REPORT-2607-Comex-copper-rally-pauses-dollar-ticks-higher.htmlThu, 26 Jul 2018 15:07:00 GMTCHINA STEEL SPOTLIGHT: HRC, wire rod production up in June despite production cutsHot-rolled flat steel and wire rod production volumes in China were up in June despite production cuts. http://www.metalbulletin.com/Article/3822844/CHINA-STEEL-SPOTLIGHT-HRC-wire-rod-production-up-in-June-despite-production-cuts.htmlThu, 26 Jul 2018 15:05:00 GMTFOCUS: Mid-1990s deal means Indonesia won’t own Grasberg copper any time soonIndonesia will have to wait until 2023 to see a share of copper from Grasberg, despite having agreed to pay $3.85 billion to gain a majority stake in the mine. http://www.metalbulletin.com/Article/3823122/FOCUS-Mid-1990s-deal-means-Indonesia-wont-own-Grasberg-copper-any-time-soon.htmlThu, 26 Jul 2018 13:01:00 GMTNovelis to buy Aleris for $2.6 billion [UPDATED]Novelis, a subsidiary of India's Hindalco, has agreed to buy US-based downstream aluminium producer Aleris for $2.6 billion, it said on Thursday July 26. http://www.metalbulletin.com/Article/3823124/Novelis-to-buy-Aleris-for-26-billion-[UPDATED].htmlThu, 26 Jul 2018 12:55:00 GMTKlöckner forecasts stable stronger demand, higher prices in US, EU in 2018German metals distributor Klöckner expects its 2018 earnings to be supported by higher demand and steel prices in both Europe and the United States, the company’s two main markets, it said on July 24.http://www.metalbulletin.com/Article/3822855/Klckner-forecasts-stable-stronger-demand-higher-prices-in-US-EU-in-2018.htmlThu, 26 Jul 2018 12:30:00 GMTIRON ORE DAILY: Trading thins amid China's steel production restrictions Trading activity in the physical iron ore market cooled further on Thursday July 26 amid China’s lackluster steel and futures markets, as well as production restrictions in the country’s steelmaking hub. http://www.metalbulletin.com/Article/3823127/IRON-ORE-DAILY-Trading-thins-amid-Chinas-steel-production-restrictions.htmlThu, 26 Jul 2018 12:15:00 GMTCOKING COAL DAILY: Trading picks up in second-tier market The second-tier segment in the seaborne coking coal spot market saw a flurry of trades involving its top brand after more than two months of inactivity. http://www.metalbulletin.com/Article/3823117/COKING-COAL-DAILY-Trading-picks-up-in-second-tier-market.htmlThu, 26 Jul 2018 12:00:00 GMTLIVE FUTURES REPORT 26/07: LME base metals price drift even after huge aluminium cancelation Base metals prices drifted on the London Metal Exchange during the morning session on Thursday July 26 despite yet another fresh cancelation of almost 50,000 tonnes of aluminium.http://www.metalbulletin.com/Article/3823116/LIVE-FUTURES-REPORT-2607-LME-base-metals-price-drift-even-after-huge-aluminium-cancelation.htmlThu, 26 Jul 2018 11:29:00 GMTCHINA HRC: Prices largely flat amid sparse tradingChina’s hot-rolled coil prices were largely steady on Thursday July 26 amid thin trading.http://www.metalbulletin.com/Article/3823113/CHINA-HRC-Prices-largely-flat-amid-sparse-trading.htmlThu, 26 Jul 2018 11:03:00 GMTPRICING NOTICE: Metal Bulletin closes consultation on spot MJP aluminium P1020 cif premium; reviewing feedbackMetal Bulletin has today closed its one-month consultation on its spot main Japanese ports (MJP) aluminium P1020 cif premium after seeking feedback on whether to keep excluding certain origins in the assessment.http://www.metalbulletin.com/Article/3823109/PRICING-NOTICE-Metal-Bulletin-closes-consultation-on-spot-MJP-aluminium-P1020-cif-premium-reviewing.htmlThu, 26 Jul 2018 11:00:00 GMTCHINA REBAR: Domestic prices flat amid weak futures, soft demand China’s domestic rebar prices held steady on Thursday July 26 amid weak demand and a subdued futures market.http://www.metalbulletin.com/Article/3823104/CHINA-REBAR-Domestic-prices-flat-amid-weak-futures-soft-demand.htmlThu, 26 Jul 2018 10:18:00 GMTVale hits record Q2 iron ore output, premiums on ore qualityVale's second-quarter earnings increased 42.98% year-on-year amid higher iron ore output volumes and increased premiums for quality material.http://www.metalbulletin.com/Article/3823092/Vale-hits-record-Q2-iron-ore-output-premiums-on-ore-quality.htmlThu, 26 Jul 2018 09:55:00 GMTCHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: Export price continues declining; domestic market under pressureKey data from the Wednesday July 25 pricing session in Shanghai.http://www.metalbulletin.com/Article/3823102/CHINA-ALUMINIUM-INGOT-ADC-12-SNAPSHOT-Export-price-continues-declining-domestic-market-under-pressure.htmlThu, 26 Jul 2018 09:20:00 GMTMETALS MORNING VIEW 26/07: Metals consolidate recent gains; markets likely to get nervous ahead of key eventsThree-month base metals prices on the London Metal Exchange were mixed on the morning of Thursday July 26, with lead leading on the upside with a 0.7% gain to $2,168 per tonne, while tin was the worst performer with a decline of 0.4% to $19,765 per tonne. http://www.metalbulletin.com/Article/3823103/METALS-MORNING-VIEW-2607-Metals-consolidate-recent-gains-markets-likely-to-get-nervous-ahead-of-key.htmlThu, 26 Jul 2018 09:05:00 GMTChina AM: Futures rangebound in negative territoryChina’s ferrous futures largely moved within a narrow range in negative territory during the morning trading session on Thursday July 26.http://www.metalbulletin.com/Article/3823101/China-AM-Futures-rangebound-in-negative-territory.htmlThu, 26 Jul 2018 07:05:00 GMTEast Asian stainless steel prices down on weaker yuan, muted demandImport prices for stainless steel in East Asia fell over the past week, with Chinese suppliers becoming more eager to export due to the depreciating yuan while buying interest remained scant. http://www.metalbulletin.com/Article/3823098/East-Asian-stainless-steel-prices-down-on-weaker-yuan-muted-demand.htmlThu, 26 Jul 2018 06:39:00 GMTLIVE FUTURES REPORT 26/07: SHFE base metals prices broadly down; copper, nickel buck the trendBase metals prices on the Shanghai Futures Exchange were broadly down during morning trading on Thursday July 26, with investors’ concerns over the ongoing trade war keeping the complex under pressure.http://www.metalbulletin.com/Article/3823097/LIVE-FUTURES-REPORT-2607-SHFE-base-metals-prices-broadly-down-copper-nickel-buck-the-trend.htmlThu, 26 Jul 2018 05:40:00 GMTChina’s stainless steel prices up amid AD probeDomestic stainless steel prices in China widened upward over the past week following news of an anti-dumping investigation into imports of such products. http://www.metalbulletin.com/Article/3822854/Chinas-stainless-steel-prices-up-amid-AD-probe.htmlThu, 26 Jul 2018 05:28:00 GMTMetals M&A down in Q2 on trade wars: PwC Deal activity in the metals sector was lower in the second quarter due to heightened trade conflicts in North America, Asia, and Europe, according to a report by consultancy PwC. http://www.metalbulletin.com/Article/3823081/Metals-M-A-down-in-Q2-on-trade-wars-PwC.htmlThu, 26 Jul 2018 05:01:00 GMTBrazilian crude steel output up 10.2% in JuneBrazilian crude steel production increased by 10.2% year on year in June, according to figures released by national steel association Aço Brasil on Wednesday July 25. http://www.metalbulletin.com/Article/3823091/Brazilian-crude-steel-output-up-102-in-June.htmlThu, 26 Jul 2018 03:22:00 GMTCobalt Blockchain gets DRC cobalt, copper export trading licenseCobalt Blockchain Inc (COBC) has received final approval for its application for a cobalt and copper export trading license in the Democratic Republic of the Congo (DRC). http://www.metalbulletin.com/Article/3823090/Cobalt-Blockchain-gets-DRC-cobalt-copper-export-trading-license.htmlThu, 26 Jul 2018 02:51:00 GMTEUROPE WIRE ROD: Prices rise amid tight supply as market focuses on safeguard actionMetal Bulletin’s weekly domestic price assessment for mesh-quality wire rod in Northern Europe rose on Wednesday July 25 to €550-560 ($643-655) per tonne delivered, from €540-550 per tonne last week. http://www.metalbulletin.com/Article/3823065/EUROPE-WIRE-ROD-Prices-rise-amid-tight-supply-as-market-focuses-on-safeguard-action.htmlWed, 25 Jul 2018 20:12:00 GMTNORTHERN EUROPE REBAR: Prices narrow up amid safeguardsPrices for rebar produced and delivered in Northern Europe narrowed upward this week with market participants digesting the recently introduced safeguards affecting steel imports into the EU. http://www.metalbulletin.com/Article/3823057/NORTHERN-EUROPE-REBAR-Prices-narrow-up-amid-safeguards.htmlWed, 25 Jul 2018 18:35:00 GMTSOUTHERN EUROPE REBAR: Prices up but bullish momentum slows for holidaysPrices for rebar produced and delivered in Southern Europe widened upward this week with availability remaining limited, even though trading activity was quiet because many market participants were away on holiday. http://www.metalbulletin.com/Article/3823048/SOUTHERN-EUROPE-REBAR-Prices-up-but-bullish-momentum-slows-for-holidays.htmlWed, 25 Jul 2018 18:15:00 GMTEUROPE SECTIONS: Prices flat but preliminary EU safeguarding decision could push up pricesPrices of domestic hollow steel sections made in Europe remained flat this week but the preliminary decision made in the EU safeguarding case could push up prices soon, sources told Metal Bulletin on Wednesday July 25.http://www.metalbulletin.com/Article/3823015/EUROPE-SECTIONS-Prices-flat-but-preliminary-EU-safeguarding-decision-could-push-up-prices.htmlWed, 25 Jul 2018 17:59:00 GMTEUROPE HRC: Safeguard case decision helps raise local pricesDomestic prices for hot-rolled coil (HRC) in Europe have gone up slightly over the past week, supported by the effects of the preliminary decision in an EU safeguard case, sources told Metal Bulletin on Wednesday July 25. http://www.metalbulletin.com/Article/3822978/EUROPE-HRC-Safeguard-case-decision-helps-raise-local-prices.htmlWed, 25 Jul 2018 17:40:00 GMTMINOR METALS MARKET REPORT 25/07: Manganese flake prices continue to move up on material tightness; antimony edges upAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3823053/MINOR-METALS-MARKET-REPORT-2507-Manganese-flake-prices-continue-to-move-up-on-material-tightness.htmlWed, 25 Jul 2018 17:24:00 GMTEUROPE BEAMS: Prices stable on 'strong' demandDomestic prices for steel beams in Europe were stable this week with demand also remaining firm, sources told Metal Bulletin on Wednesday July 25. http://www.metalbulletin.com/Article/3823012/EUROPE-BEAMS-Prices-stable-on-strong-demand.htmlWed, 25 Jul 2018 16:30:00 GMTDAILY SCRAP REPORT: Lack of rebar demand keeps Turkish mills quiet in deep-sea marketsThe Turkish steel producers remained inactive in the deep-sea scrap markets on Wednesday July 25 because of the poor demand in the country’s rebar markets. http://www.metalbulletin.com/Article/3822936/DAILY-SCRAP-REPORT-Lack-of-rebar-demand-keeps-Turkish-mills-quiet-in-deep-sea-markets.htmlWed, 25 Jul 2018 16:10:00 GMTGLOBAL NICKEL WRAP: Chinese premiums trend higher on open import window; Europe market steady An open import arbitrage in China helped support nickel premiums in the week to Tuesday July 24, while premiums were unchanged in Europe due to the typical summer lull. http://www.metalbulletin.com/Article/3822840/GLOBAL-NICKEL-WRAP-Chinese-premiums-trend-higher-on-open-import-window-Europe-market-steady.htmlWed, 25 Jul 2018 15:19:00 GMTHigher Grasberg output, copper prices boost Freeport's H1 earningsFreeport-McMoRan increased its copper production by 13.4% in the first half of the year, led by major output gains at Grasberg in Indonesia.http://www.metalbulletin.com/Article/3822899/Higher-Grasberg-output-copper-prices-boost-Freeports-H1-earnings.htmlWed, 25 Jul 2018 14:53:00 GMTLIVE FUTURES REPORT 25/07: Comex copper builds momentum in midweek sessionComex copper prices built on Tuesday's surge in morning trading on Wednesday July 25, with concerns about supply and a softer dollar combining to lift the red metal further.http://www.metalbulletin.com/Article/3822904/LIVE-FUTURES-REPORT-2507-Comex-copper-builds-momentum-in-midweek-session.htmlWed, 25 Jul 2018 14:32:00 GMTFreeport seeks extension of Grasberg license while negotiating final agreementsFreeport-McMoRan is seeking an extension of its Indonesian subsidiary’s temporary special license (IUPK) that would allow it remain in effect until all definitive agreements on its mining rights in the country are complete. http://www.metalbulletin.com/Article/3822897/Freeport-seeks-extension-of-Grasberg-license-while-negotiating-final-agreements.htmlWed, 25 Jul 2018 14:20:00 GMTGLOBAL TIN WRAP: Premiums stable across the board on weak demand during summer slowdown Tin premiums in Europe, Asia and the United States were unchanged in the week to Tuesday July 24 due to thin demand during the traditional summer lull. http://www.metalbulletin.com/Article/3822888/GLOBAL-TIN-WRAP-Premiums-stable-across-the-board-on-weak-demand-during-summer-slowdown.htmlWed, 25 Jul 2018 14:16:00 GMTEUROPE PLATE: Domestic prices inch up on safeguard case decisionDomestic prices for heavy steel plate in Europe have increased over the past week, supported by the announcement of preliminary measures in a regional safeguard case, sources told Metal Bulletin on Wednesday July 25. http://www.metalbulletin.com/Article/3822895/EUROPE-PLATE-Domestic-prices-inch-up-on-safeguard-case-decision.htmlWed, 25 Jul 2018 14:15:00 GMTPRICING NOTICE: Correction to fob Australia premium hard coking coal indexDue to a technical error, Metal Bulletin’s fob Australia premium hard coking coal (PHCC) index was published incorrectly on Tuesday July 24. http://www.metalbulletin.com/Article/3822865/PRICING-NOTICE-Correction-to-fob-Australia-premium-hard-coking-coal-index.htmlWed, 25 Jul 2018 12:50:00 GMTPRICING NOTICE: Launch of China nickel sulfate priceMetal Bulletin will today launch a weekly assessment of prices for nickel sulfate on an ex-works China basis. http://www.metalbulletin.com/Article/3822862/PRICING-NOTICE-Launch-of-China-nickel-sulfate-price.htmlWed, 25 Jul 2018 12:45:00 GMTIRON ORE DAILY: Yuan depreciation discouraging buying in seaborne marketTrading remained muted in the seaborne iron ore market on Wednesday July 25 though there was more activity at China’s ports, mostly due to the weaker yuan in comparison with the dollar.http://www.metalbulletin.com/Article/3822867/IRON-ORE-DAILY-Yuan-depreciation-discouraging-buying-in-seaborne-market.htmlWed, 25 Jul 2018 12:25:00 GMTCOKING COAL DAILY: Seaborne market flat amid limited demand Buyers’ limited appetite for imported coking coal is keeping the seaborne spot prices stagnant.http://www.metalbulletin.com/Article/3822864/COKING-COAL-DAILY-Seaborne-market-flat-amid-limited-demand.htmlWed, 25 Jul 2018 12:10:00 GMTGLOBAL ZINC & LEAD WRAP: European zinc premiums pressured by backwardation in LME spreads; Indian lead premiums hit one-year high on Iranian supply disruptionA widening backwardation in London Metal Exchange forward price spreads continued to weigh on European zinc premiums in the week to Tuesday July 24, while an opened arbitrage window in China pushed zinc premiums there upward.http://www.metalbulletin.com/Article/3822851/GLOBAL-ZINC-and-LEAD-WRAP-European-zinc-premiums-pressured-by-backwardation-in-LME-spreads-Indian.htmlWed, 25 Jul 2018 11:12:00 GMTCHINA HRC: Prices edge up in eastern region amid declining inventoryEast China’s hot-rolled coil prices rose slightly on Wednesday July 25 following gains in the futures market that was attributed to a drop in inventory levels.http://www.metalbulletin.com/Article/3822859/CHINA-HRC-Prices-edge-up-in-eastern-region-amid-declining-inventory.htmlWed, 25 Jul 2018 11:01:00 GMTLIVE FUTURES REPORT 25/07: LME aluminium price firms on more cancelations; copper traders eye Escondida talks Base metals prices on the London Metal Exchange were little changed during morning trading on Wednesday July 25 after yesterday’s rally ran out of momentum. http://www.metalbulletin.com/Article/3822858/LIVE-FUTURES-REPORT-2507-LME-aluminium-price-firms-on-more-cancelations-copper-traders-eye-Escondida.htmlWed, 25 Jul 2018 10:51:00 GMTCHINA REBAR: Weak demand, higher futures keep domestic prices flatChina’s domestic rebar prices were largely steady on Wednesday July 25 amid soft demand but strong futures. http://www.metalbulletin.com/Article/3822852/CHINA-REBAR-Weak-demand-higher-futures-keep-domestic-prices-flat.htmlWed, 25 Jul 2018 10:26:00 GMTChina’s plate export prices fall further amid low demand, weaker yuanExport prices for Chinese steel plate widened downward over the past week, with mills continuing to make cuts in the face of softening demand and a depreciating yuan.http://www.metalbulletin.com/Article/3822842/Chinas-plate-export-prices-fall-further-amid-low-demand-weaker-yuan.htmlWed, 25 Jul 2018 08:42:00 GMTMETALS MORNING VIEW 25/07: Metals generally firmer following Tuesday's gainsThree-month base metals prices on the London Metal Exchange were for the most part firmer on the morning of Wednesday July 25, with the complex up by an average of 0.4%. Tin (-0.2%) was the only metal showing a loss. Lead prices (+1%) led the advance, while copper prices rose by 0.4% to $6,290 per tonne.http://www.metalbulletin.com/Article/3822848/METALS-MORNING-VIEW-2507-Metals-generally-firmer-following-Tuesdays-gains.htmlWed, 25 Jul 2018 08:35:00 GMTChina’s wire rod export prices down on weak demand Export prices for Chinese wire rod dropped over the past week on soft demand. http://www.metalbulletin.com/Article/3822838/Chinas-wire-rod-export-prices-down-on-weak-demand.htmlWed, 25 Jul 2018 07:47:00 GMTChina AM: Steel futures rise, raw materials contracts fallChina’s ferrous futures fluctuated during morning trading on Wednesday July 25, with the steel contracts reversing their fortunes from a day earlier by ending the session higher than their opening prices while those for raw materials ended lower.http://www.metalbulletin.com/Article/3822841/China-AM-Steel-futures-rise-raw-materials-contracts-fall.htmlWed, 25 Jul 2018 07:21:00 GMTPEOPLE MOVES: Chrome veteran Lillja to join Yildirim Group from Afarak Michael Lillja will join Yildirim Group’s Polymetcore trading arm from fellow chrome producer Afarak on September 1. http://www.metalbulletin.com/Article/3822847/PEOPLE-MOVES-Chrome-veteran-Lillja-to-join-Yildirim-Group-from-Afarak.htmlWed, 25 Jul 2018 06:48:00 GMTGLOBAL COPPER WRAP: Premiums up in Europe, China; US market stablePremiums for copper cathode in China and Europe saw upward pressure in the week to Tuesday July 24 amid improved trading and a drop in the London Metal Exchange three-month copper price. http://www.metalbulletin.com/Article/3822773/GLOBAL-COPPER-WRAP-Premiums-up-in-Europe-China-US-market-stable.htmlWed, 25 Jul 2018 05:55:00 GMTPRICING NOTICE: Proposal to amend Metal Bulletin’s 62% Fe Iron Ore China Port Stocks Index specificationMetal Bulletin is proposing to refine the existing coverage of its 62% Fe Iron Ore China Port Stocks Index (MBIOI-CPS) to align with changes proposed to its seaborne 62% Fe index. http://www.metalbulletin.com/Article/3822353/PRICING-NOTICE-Proposal-to-amend-Metal-Bulletins-62-Fe-Iron-Ore-China-Port-Stocks-Index-specification.htmlWed, 25 Jul 2018 05:30:00 GMTLIVE FUTURES REPORT 25/07: China’s stimulus package plans boost SHFE base metals prices; copper rises 1.5%Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Wednesday July 25, supported by China’s unveiling of a package of policies aimed at boosting domestic demand.http://www.metalbulletin.com/Article/3822839/LIVE-FUTURES-REPORT-2507-Chinas-stimulus-package-plans-boost-SHFE-base-metals-prices-copper-rises-15.htmlWed, 25 Jul 2018 05:25:00 GMTGLOBAL ALUMINIUM WRAP: US Midwest premium rises on renewed bullishness after LME spreads swing to contango; European market weakensThe US Midwest aluminium premium rose in the week to Tuesday July 24, supported primarily by the London Metal Exchange aluminium price's return to a contango after weeks of backwardation. http://www.metalbulletin.com/Article/3822812/GLOBAL-ALUMINIUM-WRAP-US-Midwest-premium-rises-on-renewed-bullishness-after-LME-spreads-swing-to.htmlWed, 25 Jul 2018 03:55:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 24/07A summary of base metals premiums from across the globe for the week to Tuesday July 24. http://www.metalbulletin.com/Article/3822805/WEEKLY-BASE-METAL-PREMIUMS-REPORT-2407.htmlTue, 24 Jul 2018 21:30:00 GMTGULF STEEL BILLET, REBAR: Domestic rebar prices fall as demand remains weakPrices for domestically produced rebar in the United Arab Emirates decreased on Tuesday July 24, with demand limited for seasonal reasons, sources told Metal Bulletin. http://www.metalbulletin.com/Article/3822813/GULF-STEEL-BILLET-REBAR-Domestic-rebar-prices-fall-as-demand-remains-weak.htmlTue, 24 Jul 2018 19:08:00 GMTLIVE FUTURES REPORT 24/07: LME base metals prices edge higher on easing trade fearsBase metals on the London Metal Exchange finished higher on Tuesday July 24, finding support from a weaker dollar index and easing tensions related to the trade spat between the United States and China.http://www.metalbulletin.com/Article/3822807/LIVE-FUTURES-REPORT-2407-LME-base-metals-prices-edge-higher-on-easing-trade-fears.htmlTue, 24 Jul 2018 18:05:00 GMTNorilsk to continue legal action over African asset sales to Botswana govtNorilsk Nickel plans to continue its legal action against the government of Botswana after a ruling that it cannot take the case to the London Court of International Arbitrationhttp://www.metalbulletin.com/Article/3822732/Norilsk-to-continue-legal-action-over-African-asset-sales-to-Botswana-govt.htmlTue, 24 Jul 2018 16:57:00 GMTCIS STEEL BILLET: Market softens amid lack of bookingsThe export price for CIS-origin steel billet softened on Tuesday July 24 amid a lack of buying activity in the major outlets, Metal Bulletin has heard. http://www.metalbulletin.com/Article/3822632/CIS-STEEL-BILLET-Market-softens-amid-lack-of-bookings.htmlTue, 24 Jul 2018 16:25:00 GMTOutokumpu blames weaker Q2 earnings on low Europe prices Outokumpu has blamed its weaker year-on-year financial results for the second quarter of 2018 on lower European base prices, higher input costs and increased freight rates in the US market. http://www.metalbulletin.com/Article/3822690/Outokumpu-blames-weaker-Q2-earnings-on-low-Europe-prices.htmlTue, 24 Jul 2018 16:14:00 GMTPRICING NOTICE: Amendment of Metal Bulletin's Rotterdam tellurium price specificationMetal Bulletin has amended its Rotterdam tellurium price specification to make sure the specifications are more closely aligned to existing market conditions. http://www.metalbulletin.com/Article/3822693/PRICING-NOTICE-Amendment-of-Metal-Bulletins-Rotterdam-tellurium-price-specification.htmlTue, 24 Jul 2018 16:05:00 GMTGULF FLAT STEEL IMPORTS: Holidays, holy days keep demand subduedFlat steel import prices in the United Arab Emirates and Saudi Arabia were mostly stable this week, with the only changes being seen in the price ranges for imports of hot-rolled coil (HRC), sources told Metal Bulletin on Tuesday July 24. http://www.metalbulletin.com/Article/3822686/GULF-FLAT-STEEL-IMPORTS-Holidays-holy-days-keep-demand-subdued.htmlTue, 24 Jul 2018 15:25:00 GMTRUSSIA FLAT STEEL: Further price reductions unlikely despite weak demandHot-rolled (HR) and cold-rolled (CR) steel sheet suppliers to Russia’s central region around Moscow have not cut their prices further this week despite low levels of demand. http://www.metalbulletin.com/Article/3822638/RUSSIA-FLAT-STEEL-Further-price-reductions-unlikely-despite-weak-demand.htmlTue, 24 Jul 2018 14:35:00 GMTCOKING COAL DAILY: Seaborne buyers still waiting for clarity on market directionTrading activity in the seaborne coking coal spot market appears to have thinned, while Chinese participants wonder whether a price floor has been reached. http://www.metalbulletin.com/Article/3822589/COKING-COAL-DAILY-Seaborne-buyers-still-waiting-for-clarity-on-market-direction.htmlTue, 24 Jul 2018 13:30:00 GMTANTAIKE BATTERY MATERIALS CONF: Six key takeaways from Shaoxing Cobalt prices, investment opportunities, subsidies for electric vehicles (EVs) and substitution risk were hot topics at Antaike’s Battery Materials Conference in Shaoxing, China last week.http://www.metalbulletin.com/Article/3822600/ANTAIKE-BATTERY-MATERIALS-CONF-Six-key-takeaways-from-Shaoxing.htmlTue, 24 Jul 2018 13:16:00 GMTRUSSIA REBAR: Price growth restricted by weak export market Severstal has increased rebar prices in Russia’s central region, but the increase has been restricted by a weak export market.http://www.metalbulletin.com/Article/3822574/RUSSIA-REBAR-Price-growth-restricted-by-weak-export-market.htmlTue, 24 Jul 2018 12:20:00 GMTCHINA HRC: Prices retreat amid declining futures China’s hot-rolled coil prices retreated on Tuesday July 24 after trading activity fell in the wake of increases a day earlier, sources said.http://www.metalbulletin.com/Article/3822582/CHINA-HRC-Prices-retreat-amid-declining-futures.htmlTue, 24 Jul 2018 11:31:00 GMTAlunorte full restart date still ‘uncertain’; Hydro Q2 earnings drop vs last yearThe timetable for a return to normal operations at Norsk Hydro’s Alunorte alumina refinery in Brazil remains “uncertain,” chief executive officer Svein Richard Brandtzæg said.http://www.metalbulletin.com/Article/3822580/Alunorte-full-restart-date-still-uncertain-Hydro-Q2-earnings-drop-vs-last-year.htmlTue, 24 Jul 2018 11:10:00 GMTEU safeguards to support some long steel price increasesThe preliminary measures taken by the European Commission (EC) with regard to steel imports will support higher domestic prices for rebar and wire rod, market sources told Metal Bulletin.http://www.metalbulletin.com/Article/3822547/EU-safeguards-to-support-some-long-steel-price-increases.htmlTue, 24 Jul 2018 11:00:00 GMTCHINA REBAR: Domestic prices rise further on bullish sentiment China’s domestic rebar prices continued to rise on Tuesday July 24 amid some optimism among sellers about demand. http://www.metalbulletin.com/Article/3822568/CHINA-REBAR-Domestic-prices-rise-further-on-bullish-sentiment.htmlTue, 24 Jul 2018 10:56:00 GMTLIVE FUTURES REPORT 24/07: LME aluminium price rises on fresh 52kt cancelation; zinc climbs 1%Aluminium prices on the London Metal Exchange moved higher during morning trading on Tuesday July 24, after a fresh cancelation exceeding 50,000 tonnes resulted in total on-warrant stock falling by more than 8% this week.http://www.metalbulletin.com/Article/3822586/LIVE-FUTURES-REPORT-2407-LME-aluminium-price-rises-on-fresh-52kt-cancelation-zinc-climbs-1.htmlTue, 24 Jul 2018 10:50:00 GMTMETALS MORNING VIEW 24/07: Metals mixed but China's intervention may provide supportThree-month base metals prices on the London Metal Exchange were mixed on the morning of Tuesday July 24; while copper prices were up by 0.4% at $6,154 per tonne, aluminium and tin prices were down by 0.4% and the rest were little changed. http://www.metalbulletin.com/Article/3822569/METALS-MORNING-VIEW-2407-Metals-mixed-but-Chinas-intervention-may-provide-support.htmlTue, 24 Jul 2018 10:10:00 GMTGLOBAL FERRO-SILICON WRAP: Chinese market weakens on slack demand, production ramp-ups; European prices reboundChinese ferro-silicon prices continued to decline in the week to Friday July 20 amid weak demand and production ramp-ups, while European prices staged a slight recovery following a steep fall in the prior week. http://www.metalbulletin.com/Article/3822544/GLOBAL-FERRO-SILICON-WRAP-Chinese-market-weakens-on-slack-demand-production-ramp-ups-European-prices.htmlTue, 24 Jul 2018 09:45:00 GMTGLOBAL MANGANESE WRAP: Low-grade prices slide after suppliers slash offers; alloys weaken on slow demand Suppliers cut seaborne and port prices for low-grade manganese ore in response to aggressive bids from consumers. http://www.metalbulletin.com/Article/3822545/GLOBAL-MANGANESE-WRAP-Low-grade-prices-slide-after-suppliers-slash-offers-alloys-weaken-on-slow.htmlTue, 24 Jul 2018 08:10:00 GMTFOCUS: China's AD probe on stainless steel set to disrupt Asian marketChina has launched an anti-dumping investigation into imports of stainless steel billet and slab, as well as stainless hot-rolled plate and coil produced in the European Union, Japan, South Korea and Indonesia, according to a notice by the country’s Ministry of Commerce on Monday July 23. http://www.metalbulletin.com/Article/3822332/FOCUS-Chinas-AD-probe-on-stainless-steel-set-to-disrupt-Asian-market.htmlTue, 24 Jul 2018 07:30:00 GMTChina AM: Steelmaking raw materials futures bounce back from downtrend China’s steel futures trended downward during morning trading on Tuesday July 24, though the steelmaking raw materials contracts posted a late recovery during the session to end slightly higher than their opening prices. http://www.metalbulletin.com/Article/3822542/China-AM-Steelmaking-raw-materials-futures-bounce-back-from-downtrend.htmlTue, 24 Jul 2018 05:56:00 GMTLIVE FUTURES REPORT 24/07: SHFE base metals prices mixed; copper leads on upsideBase metals prices on the Shanghai Futures Exchange were split into two camps during morning trading on Tuesday July 24, with nickel, zinc and tin weakening, while the rest ticked higher – led by a 0.7% increase in copper.http://www.metalbulletin.com/Article/3822541/LIVE-FUTURES-REPORT-2407-SHFE-base-metals-prices-mixed-copper-leads-on-upside.htmlTue, 24 Jul 2018 05:50:00 GMTCIS FLAT STEEL: Market goes down as buyers reject 'unjustified' offersThe export markets for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States have gone down over the past seven days because buyers have not accepted higher offers for August-rolled products from Russian suppliers. http://www.metalbulletin.com/Article/3822491/CIS-FLAT-STEEL-Market-goes-down-as-buyers-reject-unjustified-offers.htmlMon, 23 Jul 2018 18:25:00 GMTLIVE FUTURES REPORT 23/07: LME aluminium price climbs 2% after huge cancelation; cash/Aug swings to contangoAluminium prices ended higher on the London Metal Exchange on Monday July 23, bolstered by a fresh cancelation of more than 32,000 tonnes of the metal across Europe.http://www.metalbulletin.com/Article/3822497/LIVE-FUTURES-REPORT-2307-LME-aluminium-price-climbs-2-after-huge-cancelation-cashAug-swings-to.htmlMon, 23 Jul 2018 18:03:00 GMTCIS LONG STEEL: Prices slide amid lower offersCIS export prices for rebar and wire rod slipped this week amid lower offers, following reduced buying activity and falling long steel prices in the Turkish export market. http://www.metalbulletin.com/Article/3822483/CIS-LONG-STEEL-Prices-slide-amid-lower-offers.htmlMon, 23 Jul 2018 17:55:00 GMTCIS STEEL BILLET: Offers bounce back but demand not yet evidentCIS export billet prices rebounded on Monday July 23 with higher offers heard in the market, and mills expecting a revival in buying activity in the near term. http://www.metalbulletin.com/Article/3822481/CIS-STEEL-BILLET-Offers-bounce-back-but-demand-not-yet-evident.htmlMon, 23 Jul 2018 17:45:00 GMTRusal shares jump nearly 15% on possibility of sanction resolution UC Rusal’s share value rose by 14.8% on the Hong Kong Stock Exchange on Monday July 23 after the US Treasury said late on Friday it was open to lifting sanctions on the Russian aluminium producer. http://www.metalbulletin.com/Article/3822488/Rusal-shares-jump-nearly-15-on-possibility-of-sanction-resolution.htmlMon, 23 Jul 2018 17:42:00 GMTNEWSBREAK: LME aluminium cash/Aug spread swings to contango from huge backwardationThe London Metal Exchange’s nearby aluminium spread swung to a contango on the afternoon on Monday July 23 from a backwardation of $55 per tonne earlier. http://www.metalbulletin.com/Article/3822487/NEWSBREAK-LME-aluminium-cashAug-spread-swings-to-contango-from-huge-backwardation.htmlMon, 23 Jul 2018 17:29:00 GMTGLOBAL CHROME WRAP: Weak buying interest weighs on ores, alloy prices Chinese domestic ferro-chrome prices softened for the third consecutive week after supply outstripped spot demand, while globally liquidity was light due to holidays and an ongoing standoff in the imported charge chrome and UG2 markets. http://www.metalbulletin.com/Article/3822442/GLOBAL-CHROME-WRAP-Weak-buying-interest-weighs-on-ores-alloy-prices.htmlMon, 23 Jul 2018 17:26:00 GMTDAILY SCRAP REPORT: Turkish mills continue August bookings at stable pricesTurkish steel mills have continued to book deep-sea scrap for August deliveries but with little change in prices, sources said on Monday July 23. http://www.metalbulletin.com/Article/3822470/DAILY-SCRAP-REPORT-Turkish-mills-continue-August-bookings-at-stable-prices.htmlMon, 23 Jul 2018 17:25:00 GMTHOTTER ON METALS: What if copper faced China trade action? The commodities most affected so far by the trade spat between China and the United states are soybeans, steel and aluminium - but what if the list were extended in China to cover copper, namely concentrates and scrap?http://www.metalbulletin.com/Article/3822484/HOTTER-ON-METALS-What-if-copper-faced-China-trade-action.htmlMon, 23 Jul 2018 17:20:00 GMTTURKEY FERROUS SCRAP: Ship scrap price inches up, auto bundles stableThe price of Turkish domestic auto bundle scrap has been steady over the past week while the price of ship scrap has risen slightly because of improved demand from a steel mill in the Izmir region, sources said on Monday July 23.http://www.metalbulletin.com/Article/3822479/TURKEY-FERROUS-SCRAP-Ship-scrap-price-inches-up-auto-bundles-stable.htmlMon, 23 Jul 2018 16:57:00 GMTTURKEY COATED FLAT STEEL: Turkey signs new HDG export deals on forecast rise in demandTurkish producers of hot-dipped galvanized coil (HDG) have signed deals for exports to Europe and the United States recently, and demand is expected to increase, they told Metal Bulletin on Monday July 23. http://www.metalbulletin.com/Article/3822411/TURKEY-COATED-FLAT-STEEL-Turkey-signs-new-HDG-export-deals-on-forecast-rise-in-demand.htmlMon, 23 Jul 2018 15:24:00 GMTIRON ORE DAILY: Prices rise amid gains in Chinese steel, futures marketsIron ore prices strengthened on Monday July 23 amid gains in China’s futures and steel markets.http://www.metalbulletin.com/Article/3822358/IRON-ORE-DAILY-Prices-rise-amid-gains-in-Chinese-steel-futures-markets.htmlMon, 23 Jul 2018 12:32:00 GMTCOKING COAL DAILY: Seaborne prices fall further amid weakened demandSeaborne coking coal spot prices fell on Monday July 23 with end-users in China remaining on the sidelines, and market participants are bracing themselves for even more downward pressure. http://www.metalbulletin.com/Article/3822351/COKING-COAL-DAILY-Seaborne-prices-fall-further-amid-weakened-demand.htmlMon, 23 Jul 2018 11:58:00 GMTLIVE FUTURES REPORT 23/07: LME base metals prices edge higher on weaker dollar; ali price up on 32kt freshly canceled Base metals prices on the London Metal Exchange consolidated higher during morning trading on Monday July 23, supported by a slight retreat in the dollar index although ongoing global trade tensions continue to cloud investor sentiment. http://www.metalbulletin.com/Article/3822348/LIVE-FUTURES-REPORT-2307-LME-base-metals-prices-edge-higher-on-weaker-dollar-ali-price-up-on-32kt.htmlMon, 23 Jul 2018 11:31:00 GMTCHINA HRC: Domestic prices rebound after trading resumesChina’s hot-rolled coil prices rebounded on Monday July 23 with buyers returning to the market for materials after the weekend, sources said.http://www.metalbulletin.com/Article/3822346/CHINA-HRC-Domestic-prices-rebound-after-trading-resumes.htmlMon, 23 Jul 2018 11:14:00 GMTCHINA REBAR: Domestic prices rise slightly on active tradingChina’s domestic rebar prices edged up on Monday July 23 amid active trading following gains in the billet and futures markets. http://www.metalbulletin.com/Article/3822338/CHINA-REBAR-Domestic-prices-rise-slightly-on-active-trading.htmlMon, 23 Jul 2018 10:24:00 GMTInventory destocking, seasonal slowdown maintains cobalt downswingSpot cobalt prices fell again last week amid continued pressure from summer destocking.http://www.metalbulletin.com/Article/3822331/Inventory-destocking-seasonal-slowdown-maintains-cobalt-downswing.htmlMon, 23 Jul 2018 10:00:00 GMTMETALS MORNING VIEW 23/07: Metals prices consolidate after Friday's reboundsThree-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Monday July 23. Gains were ranged between 0.1% for aluminium and 1.2% for zinc, with copper up by 0.3% at $6,172 per tonne.http://www.metalbulletin.com/Article/3822336/METALS-MORNING-VIEW-2307-Metals-prices-consolidate-after-Fridays-rebounds.htmlMon, 23 Jul 2018 09:30:00 GMTANTAIKE BATTERY MATERIALS CONF: Have cobalt prices bottomed out in China?Chinese cobalt prices have stabilized recently, against a persistent downswing in international cobalt prices that made market participants believe the blue metal and its downstream salts’ prices have bottomed out in China, creating mixed views in the market.http://www.metalbulletin.com/Article/3822324/ANTAIKE-BATTERY-MATERIALS-CONF-Have-cobalt-prices-bottomed-out-in-China.htmlMon, 23 Jul 2018 09:15:00 GMTGLOBAL SILICON WRAP: Chinese export price resumes downtrend on further yuan depreciation; uptick eyed in European marketChinese silicon export prices resumed their downtrend over the past week, pressured by further depreciation of the yuan against the dollar. Meanwhile, the European silicon market was steady, with some participants eyeing a near-term uptick in prices.http://www.metalbulletin.com/Article/3822328/GLOBAL-SILICON-WRAP-Chinese-export-price-resumes-downtrend-on-further-yuan-depreciation-uptick-eyed.htmlMon, 23 Jul 2018 09:05:00 GMTTrading activity cools for iron ore concentrate, but pellet segment robust Trading in the seaborne iron ore concentrate market slowed further last week, though prices for high-grade products remained high. http://www.metalbulletin.com/Article/3822330/Trading-activity-cools-for-iron-ore-concentrate-but-pellet-segment-robust.htmlMon, 23 Jul 2018 07:15:00 GMTChina AM: Ferrous futures post early-week gainsChina’s ferrous futures trended upward during the morning trading session on Monday July 23.http://www.metalbulletin.com/Article/3822326/China-AM-Ferrous-futures-post-early-week-gains.htmlMon, 23 Jul 2018 06:10:00 GMTLIVE FUTURES REPORT 23/07: SHFE base metals prices edge up on softer dollar; nickel dipsBase metals prices on the Shanghai Futures Exchange were broadly up during morning trading on Monday July 23, with the complex drawing support from a weaker dollar following US President Donald Trump’s criticism of global monetary policy and the Federal Reserve at the end of last week.http://www.metalbulletin.com/Article/3822325/LIVE-FUTURES-REPORT-2307-SHFE-base-metals-prices-edge-up-on-softer-dollar-nickel-dips.htmlMon, 23 Jul 2018 05:55:00 GMTGLOBAL BILLET WRAP: Prices flat or falling on low demand, cheaper scrapSteel billet prices were steady or fell in most global markets in the week from Monday July 16 to Friday July 20, with a variety of factors being cited by market participants. http://www.metalbulletin.com/Article/3822056/GLOBAL-BILLET-WRAP-Prices-flat-or-falling-on-low-demand-cheaper-scrap.htmlMon, 23 Jul 2018 00:01:00 GMTEU safeguards to boost domestic coil prices, sources sayThe preliminary measures taken by the European Commission (EC) with regard to steel imports will result in higher prices for steel coil, market sources told Metal Bulletin. http://www.metalbulletin.com/Article/3822154/EU-safeguards-to-boost-domestic-coil-prices-sources-say.htmlSun, 22 Jul 2018 23:40:00 GMTGLOBAL ALUMINIUM BILLET WRAP: Brazilian premium plummets; spot demand quiet globallyThe Brazilian spot billet premium dropped 16% versus last month, with spot demand all but dried up in the region. Premiums elsewhere were largely unchanged, with the effect of UC Rusal's exit from the US market already factored into premium levels.http://www.metalbulletin.com/Article/3822279/GLOBAL-ALUMINIUM-BILLET-WRAP-Brazilian-premium-plummets-spot-demand-quiet-globally.htmlFri, 20 Jul 2018 21:22:00 GMTBrazilian slab export prices edge down on new offers, dealsBrazilian slab export prices decreased marginally this week with deals and offers being made to North America and Europe. http://www.metalbulletin.com/Article/3822282/Brazilian-slab-export-prices-edge-down-on-new-offers-deals.htmlFri, 20 Jul 2018 19:47:00 GMTWEEKLY SCRAP WRAP: Global prices fall on bearish Turkish, Taiwanese marketsGlobal scrap prices weakened in the export markets of Turkey, Taiwan and the United States in the week from July 16 to July 20, due to continued weakness in Turkish rebar demand and a greater supply of scrap cargoes offered to Taiwan. http://www.metalbulletin.com/Article/3822287/WEEKLY-SCRAP-WRAP-Global-prices-fall-on-bearish-Turkish-Taiwanese-markets.htmlFri, 20 Jul 2018 19:30:00 GMTBrazilian pig iron producers inactive in export marketBrazilian pig iron producers continued to hold back from the export markets this week because of continued strong local demand and full order books at least until late September. http://www.metalbulletin.com/Article/3822285/Brazilian-pig-iron-producers-inactive-in-export-market.htmlFri, 20 Jul 2018 19:27:00 GMTSouth America's flat steel import prices edge down on lower offersImport prices for flat steel in South America declined this week with lower offers being reported and buyers pushing for price reductions. http://www.metalbulletin.com/Article/3822265/South-Americas-flat-steel-import-prices-edge-down-on-lower-offers.htmlFri, 20 Jul 2018 18:48:00 GMT