Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2021 MB60Top StoriesCOKING COAL DAILY: Seaborne fob prices increase on limited supplies, weather concernsSeaborne prices for Australian premium hard coking coal increased on Tuesday January 26, with sellers holding back their offers and buyers increasingly concerned over severe weather conditions, sources told Fastmarkets. http://www.metalbulletin.com/Article/3972201/COKING-COAL-DAILY-Seaborne-fob-prices-increase-on-limited-supplies-weather-concerns.htmlTue, 26 Jan 2021 11:09:00 GMTLIVE FUTURES REPORT 26/01: Tin breaches $22,700/t; zinc falls almost 1%The London Metal Exchange tin price continued to climb during morning trading on Tuesday January 26, while the rest of the base metals had a more mixed start to the day given a steady US Dollar Index and possible delays to the United States’ $1.9 trillion Covid-19 economic stimulus package. http://www.metalbulletin.com/Article/3972199/LIVE-FUTURES-REPORT-2601-Tin-breaches-22700t-zinc-falls-almost-1.htmlTue, 26 Jan 2021 10:26:00 GMTMORNING VIEW: Base metals prices mixed as agreement on US relief package may be delayedBase metals prices on the London Metal Exchange were mainly lower this morning, Tuesday January 26, but those on the Shanghai Futures Exchange were more mixed. http://www.metalbulletin.com/Article/3972190/MORNING-VIEW-Base-metals-prices-mixed-as-agreement-on-US-relief-package-may-be-delayed.htmlTue, 26 Jan 2021 08:40:00 GMTFOCUS: China’s record cobalt metal imports signal risk management driveA sharp increase in China’s cobalt metal imports last year was a consequence of refineries’ efforts to hedge against tightening upstream supply, and trader moves to lock in profits during times of a favorable import arbitrage, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3971728/FOCUS-Chinas-record-cobalt-metal-imports-signal-risk-management-drive.htmlTue, 26 Jan 2021 07:55:00 GMTMANGANESE ORE ANALYTICS: January 25, 2021The latest data for the global manganese ore market for the week ended January 25, 2021.http://www.metalbulletin.com/Article/3972033/MANGANESE-ORE-ANALYTICS-January-25-2021.htmlTue, 26 Jan 2021 06:55:00 GMTUS lead supply to tighten after Clarios plant closureThe impending closure of a battery recycling center in the United States is putting pressure on an already tight refined lead market.http://www.metalbulletin.com/Article/3972182/US-lead-supply-to-tighten-after-Clarios-plant-closure.htmlTue, 26 Jan 2021 05:51:00 GMTGLOBAL SILICON SNAPSHOT: Tight supply supports US, European pricesKey data from the pricing sessions in the United States, Europe and Asia for the week ended Friday January 22.http://www.metalbulletin.com/Article/3972181/GLOBAL-SILICON-SNAPSHOT-Tight-supply-supports-US-European-prices.htmlTue, 26 Jan 2021 04:46:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 25Here are five Fastmarkets stories you might have missed on Monday January 25 that are worth another look.http://www.metalbulletin.com/Article/3972179/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-25.htmlTue, 26 Jan 2021 00:05:00 GMTPRICING NOTICE: Correction to index for manganese ore 44%, cif TianjinFastmarkets has corrected its manganese ore 44%, cif Tianjin, index, which was published incorrectly on Friday January 22 due to a calculation error. http://www.metalbulletin.com/Article/3972156/PRICING-NOTICE-Correction-to-index-for-manganese-ore-44-cif-Tianjin.htmlMon, 25 Jan 2021 18:44:00 GMTEUROPE HRC WRAP: Domestic prices start to dip on weaker demand, global declinesPrices for domestic steel hot-rolled coil decreased in Northern Europe in the week ended Friday January 22, due to slower buying activity among distributors and a global price decrease. http://www.metalbulletin.com/Article/3972144/EUROPE-HRC-WRAP-Domestic-prices-start-to-dip-on-weaker-demand-global-declines.htmlMon, 25 Jan 2021 18:25:00 GMTCIS STEEL BILLET: Market strengthens on fresh booking to Latin AmericaPrices in the CIS export steel billet market became firmer on Monday January 25 with fresh bookings heard in Latin America at slightly higher prices. http://www.metalbulletin.com/Article/3972152/CIS-STEEL-BILLET-Market-strengthens-on-fresh-booking-to-Latin-America.htmlMon, 25 Jan 2021 17:50:00 GMTLME sets launch date for lithium futures contract settled against Fastmarkets priceThe London Metal Exchange will launch its new cash-settled lithium futures contract on June 14, 2021, settled against Fastmarkets’ price assessment for lithium hydroxide monohydrate. http://www.metalbulletin.com/Article/3972142/LME-sets-launch-date-for-lithium-futures-contract-settled-against-Fastmarkets-price.htmlMon, 25 Jan 2021 17:11:00 GMTChina NPI price up on pre-holiday stockpiling; Fe-Ni market still in deep discountThe Chinese market price of nickel pig iron (NPI) rose in the week to Friday January 22 amid improved spot activity ahead of the Chinese New Year holiday (February 11-17), sources said.http://www.metalbulletin.com/Article/3972034/China-NPI-price-up-on-pre-holiday-stockpiling-Fe-Ni-market-still-in-deep-discount.htmlMon, 25 Jan 2021 17:00:00 GMTLiberty submits firm bid on Thyssenkrupp's steel businessLiberty Steel Group has completed "due diligence" on Thyssenkrupp Steel Europe and submitted a "firmed up" bid for its acquisition based on the results, the UK-based steel company told Fastmarkets on Monday January 25.http://www.metalbulletin.com/Article/3972104/Liberty-submits-firm-bid-on-Thyssenkrupps-steel-business.htmlMon, 25 Jan 2021 16:45:00 GMTInter-merchant trading boosts Europe manganese alloy prices European traders of manganese alloys have been busy in the past couple of weeks, boosting prices of silico-manganese by almost 20% and of high-carbon ferro-manganese by 10% ahead of expected renewed consumer demand in February, according to trade sources and available industry data. http://www.metalbulletin.com/Article/3972102/Inter-merchant-trading-boosts-Europe-manganese-alloy-prices.htmlMon, 25 Jan 2021 15:56:00 GMTEurope manganese flake price at new high on China shipment delays, tight prompt supplyDelays to material shipments from China and tightening availability in Europe continued to push manganese flake prices to new highs in the week to Friday January 22.http://www.metalbulletin.com/Article/3972062/Europe-manganese-flake-price-at-new-high-on-China-shipment-delays-tight-prompt-supply.htmlMon, 25 Jan 2021 15:02:00 GMTRUSSIA FLAT STEEL: Prices soften on slower buying, weaker exportsThe domestic flat steel market in Russia’s Central Federal District around Moscow declined in the week to Monday January 25 under pressure from slow buying and a downtrend in the export outlet markets, sources told Fastmarkets. http://www.metalbulletin.com/Article/3972042/RUSSIA-FLAT-STEEL-Prices-soften-on-slower-buying-weaker-exports.htmlMon, 25 Jan 2021 14:43:00 GMTChinese copper buyers continue to switch to high-purity scrap Chinese copper importers have continued to favor top quality copper scrap this month to avoid the rejection risk under a new import policy of birch/cliff cargoes, which are traditionally more popular in the country, market sources said.http://www.metalbulletin.com/Article/3972021/Chinese-copper-buyers-continue-to-switch-to-high-purity-scrap.htmlMon, 25 Jan 2021 14:17:00 GMTShipping delays, high costs persist in run-up to Lunar New YearSevere logistical hurdles continue to affect the main seaborne shipping routes out of China, with prohibitively high container freight costs persisting and recent land transport issues adding to the congestion and delays at ports. http://www.metalbulletin.com/Article/3972091/Shipping-delays-high-costs-persist-in-run-up-to-Lunar-New-Year.htmlMon, 25 Jan 2021 14:16:00 GMTEUROPE ANTIMONY SNAPSHOT: Price passes $8,000 with rises near 20% at 2021 startKey data from Fastmarkets’ pricing session in London on Friday January 22.http://www.metalbulletin.com/Article/3972041/EUROPE-ANTIMONY-SNAPSHOT-Price-passes-8000-with-rises-near-20-at-2021-start.htmlMon, 25 Jan 2021 13:58:00 GMTEuropean secondary aluminium ingot price retreats from five-year high on reduced Asian buyingThe price range for secondary aluminium ingot across Europe declined by just over 2% at the midpoint on Friday January 22, the downturn coming after market participants reported a dip in purchasing appetite from Asian buyers ahead of China’s Lunar New Year holiday next month. http://www.metalbulletin.com/Article/3972040/European-secondary-aluminium-ingot-price-retreats-from-five-year-high-on-reduced-Asian-buying.htmlMon, 25 Jan 2021 13:05:00 GMTLiberty takes one step closer to Huta Czestochowa purchase Corween Investments, the holding company of Liberty House, is one step closer to acquiring struggling Polish steel plate mill Huta Czestochowa, sources told Fastmarkets on Monday January 25. http://www.metalbulletin.com/Article/3972039/Liberty-takes-one-step-closer-to-Huta-Czestochowa-purchase.htmlMon, 25 Jan 2021 12:48:00 GMTTUNGSTEN SNAPSHOT: Tight prompt availability, shipment delays push APT prices to 9-month high Key data from the pricing session in London on Friday January 22.http://www.metalbulletin.com/Article/3972032/TUNGSTEN-SNAPSHOT-Tight-prompt-availability-shipment-delays-push-APT-prices-to-9-month-high.htmlMon, 25 Jan 2021 12:27:00 GMTCOKING COAL DAILY: Premium fob price skyrockets; could be weather fearsA correction has been issued for this article.http://www.metalbulletin.com/Article/3972038/COKING-COAL-DAILY-Premium-fob-price-skyrockets-could-be-weather-fears.htmlMon, 25 Jan 2021 11:57:00 GMTSingapore rebar import prices dip on falling scrap pricesPrices for rebar imports into Singapore dipped in the week to Monday January 25, due to weaker sentiment caused by falling raw material scrap prices in Turkey and Asia, market sources told Fastmarkets.http://www.metalbulletin.com/Article/3972013/Singapore-rebar-import-prices-dip-on-falling-scrap-prices.htmlMon, 25 Jan 2021 11:17:00 GMTCOBALT HYDROXIDE SNAPSHOT: Tight availability, robust downstream orders support gains Key data from the pricing session in London and Shanghai on Friday January 22. http://www.metalbulletin.com/Article/3972020/COBALT-HYDROXIDE-SNAPSHOT-Tight-availability-robust-downstream-orders-support-gains.htmlMon, 25 Jan 2021 10:30:00 GMTLIVE FUTURES REPORT 25/01: Gains of over 1% for LME tin and lead on low dollar, dip-buying Tin and lead’s forward prices on the London Metal Exchange had the biggest gains of Monday January 25, with the prospect of a Covid-19 economic stimulus being passed in the United States overshadowing concerns over the extension of lockdowns elsewhere in the world. http://www.metalbulletin.com/Article/3972028/LIVE-FUTURES-REPORT-2501-Gains-of-over-1-for-LME-tin-and-lead-on-low-dollar-dip-buying.htmlMon, 25 Jan 2021 10:15:00 GMTMORNING VIEW: Base metals prices mainly upbeat as dips continue to be boughtBase metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part firmer on Monday January 25, after having dipped on Friday – optimism over US President Joe Biden’s $1.9 trillion fiscal stimulus plan was outstripping the worrying news about the new Covid-19 cases in China. http://www.metalbulletin.com/Article/3972022/MORNING-VIEW-Base-metals-prices-mainly-upbeat-as-dips-continue-to-be-bought.htmlMon, 25 Jan 2021 08:57:00 GMTPRICING NOTICE: Proposal to launch ferro-niobium delivered consumer works Europe duty paid priceFollowing initial research and consultation among market participants, Fastmarkets proposes to launch a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid.http://www.metalbulletin.com/Article/3971128/PRICING-NOTICE-Proposal-to-launch-ferro-niobium-delivered-consumer-works-Europe-duty-paid-price.htmlMon, 25 Jan 2021 05:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 22Here are five Fastmarkets stories you might have missed on Friday January 22 that are worth another look.http://www.metalbulletin.com/Article/3971964/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-22.htmlMon, 25 Jan 2021 00:05:00 GMTUS hot-rolled coil index edges lower; tightness continuesHot-rolled coil prices in the United States again edged lower, even as buyers have continued to struggle to find spot tonnage at the domestic mills.http://www.metalbulletin.com/Article/3971961/US-hot-rolled-coil-index-edges-lower-tightness-continues.htmlFri, 22 Jan 2021 22:26:00 GMTBrazilian slab export price stabilizes amid shift in sentimentPrices for Brazil-origin slab started to stabilize in the week ended Friday January 22, with buyers and sellers seeing a shift in the mood, amid fears that prices could fall in the future. http://www.metalbulletin.com/Article/3971948/Brazilian-slab-export-price-stabilizes-amid-shift-in-sentiment.htmlFri, 22 Jan 2021 20:30:00 GMTSouth American steel import prices dip as mills accept lower bidsImport prices for flat-rolled steel in South America softened in the week ended Friday January 22 with some Chinese mills accepting lower bids from clients. http://www.metalbulletin.com/Article/3971947/South-American-steel-import-prices-dip-as-mills-accept-lower-bids.htmlFri, 22 Jan 2021 19:58:00 GMTIndia secondary billet prices down by $49 per tonne in a weekIndian domestic prices for secondary steel billet fell by 3,600 rupees ($49) per tonne in the week to Friday January 22, with the prices of both raw materials and finished products showing significant drops in the first half of the week. http://www.metalbulletin.com/Article/3971938/India-secondary-billet-prices-down-by-49-per-tonne-in-a-week.htmlFri, 22 Jan 2021 18:42:00 GMTEUROPE HRC: Domestic prices inch down further on slow demandDomestic prices for hot-rolled coil in Northern Europe were down slightly on Friday January 22, due to slow trading activity, sources told Fastmarkets.http://www.metalbulletin.com/Article/3971930/EUROPE-HRC-Domestic-prices-inch-down-further-on-slow-demand.htmlFri, 22 Jan 2021 18:27:00 GMTChinese lithium carbonate rebound will drive global lithium complex higher, says Fastmarkets' AdamsChinese lithium spot carbonate prices have started to move higher and this is likely to underpin a recovery across the whole lithium complex, according to William Adams, Fastmarkets head of battery raw materials research and base metals.http://www.metalbulletin.com/Article/3971937/Chinese-lithium-carbonate-rebound-will-drive-global-lithium-complex-higher-says-Fastmarkets-Adams.htmlFri, 22 Jan 2021 17:52:00 GMTLIVE FUTURES REPORT 22/01: Tin up 3.4%, lead up 2.5% in week of Biden boost but rising Covid-19 worriesThe London Metal Exchange base-metals complex finished the week to Friday January 22 on a broadly positive note, with most metals prices up from their Monday levels, albeit trading sideways from Thursday. http://www.metalbulletin.com/Article/3971931/LIVE-FUTURES-REPORT-2201-Tin-up-34-lead-up-25-in-week-of-Biden-boost-but-rising-Covid-19-worries.htmlFri, 22 Jan 2021 17:47:00 GMTTURKEY FLAT STEEL: Prices dip while buyers prefer to wait for clues on price directionTurkish hot-rolled coil and cold-rolled coil prices dipped slightly in the week to Friday January 22 in Turkey, with buyers preferring to wait and see if the declines are the start of a downturn, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971860/TURKEY-FLAT-STEEL-Prices-dip-while-buyers-prefer-to-wait-for-clues-on-price-direction.htmlFri, 22 Jan 2021 17:35:00 GMTCOBALT FUTURES SNAPSHOT: CME traded volumes exceed 100 lots Latest analysis from recent activity on the CME’s cobalt metal futures contract, cash-settled against Fastmarkets’ price assessment for cobalt standard grade, in-whs Rotterdam. http://www.metalbulletin.com/Article/3971525/COBALT-FUTURES-SNAPSHOT-CME-traded-volumes-exceed-100-lots.htmlFri, 22 Jan 2021 17:30:00 GMTSTEEL SCRAP WRAP: Buyers back away amid global price collapseBuyers of steel scrap in global markets were holding back from purchasing new cargoes in the week to Friday January 22, amid a sharp decline in prices and with more material being offered, and were hoping to re-enter the markets only after they have hit a bottom. http://www.metalbulletin.com/Article/3971802/STEEL-SCRAP-WRAP-Buyers-back-away-amid-global-price-collapse.htmlFri, 22 Jan 2021 17:30:00 GMTNEW ENERGY MATERIALS MARKET REPORT 22/01: Chinese nickel sulfate price matches historical high on reports of low stocksAn overview of the new energy materials markets and their price moves from the past week.http://www.metalbulletin.com/Article/3971857/NEW-ENERGY-MATERIALS-MARKET-REPORT-2201-Chinese-nickel-sulfate-price-matches-historical-high-on.htmlFri, 22 Jan 2021 17:00:00 GMTAEROSPACE MATERIALS MARKET REPORT 22/01: Magnesium down in China, Europe on thin spot buyingAn overview of the aerospace materials markets and their latest price moves.http://www.metalbulletin.com/Article/3971858/AEROSPACE-MATERIALS-MARKET-REPORT-2201-Magnesium-down-in-China-Europe-on-thin-spot-buying.htmlFri, 22 Jan 2021 16:58:00 GMTUK STEEL SCRAP WEEKLY: Light iron price range widens as exports weakenThe price range for UK-origin light iron has widened downward in the week ending Friday January 22, with the lower end of the range falling because weaker export prices into traditional markets have put pressure on domestic prices in Britain, trade sources said. http://www.metalbulletin.com/Article/3971854/UK-STEEL-SCRAP-WEEKLY-Light-iron-price-range-widens-as-exports-weaken.htmlFri, 22 Jan 2021 16:45:00 GMTSOUTH ASIA STEEL SCRAP: Prices tumble by more than $50 per tonne after market correctionThe price of shredded steel scrap imported into India and Pakistan plunged by more than $50 per tonne on Friday January 22, following a sharp correction in the international scrap market, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971851/SOUTH-ASIA-STEEL-SCRAP-Prices-tumble-by-more-than-50-per-tonne-after-market-correction.htmlFri, 22 Jan 2021 16:24:00 GMTDAILY STEEL SCRAP: Prices fall in silent deep sea market, further falls expected next weekTurkish steelmakers continued to hold back from deep-sea scrap purchases at the end of the week, due to poor sales of finished long steel and billet, sources said on Friday January 22. http://www.metalbulletin.com/Article/3971843/DAILY-STEEL-SCRAP-Prices-fall-in-silent-deep-sea-market-further-falls-expected-next-week.htmlFri, 22 Jan 2021 16:14:00 GMTSPECIALTY STEEL RAW MATERIALS MARKET REPORT 22/01: Manganese flake price continues higher on tight prompt suppliesAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/3971848/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-2201-Manganese-flake-price-continues-higher-on-tight.htmlFri, 22 Jan 2021 15:52:00 GMTCOPPER CONCS SNAPSHOT: China smelters continue to snap up March cargoes The copper concentrate market continued to be active this past week although treatment and refining charges (TC/RC) were unchanged after a marked drop two weeks ago. http://www.metalbulletin.com/Article/3971844/COPPER-CONCS-SNAPSHOT-China-smelters-continue-to-snap-up-March-cargoes.htmlFri, 22 Jan 2021 15:26:00 GMTAlumina prices in China rise again on transport issues; imports resumeTight availability caused by transportation problems, and stockpiling ahead of the Lunar New Year holiday, pushed up the domestic price for alumina in China in the week to Thursday January 21. http://www.metalbulletin.com/Article/3971801/Alumina-prices-in-China-rise-again-on-transport-issues-imports-resume.htmlFri, 22 Jan 2021 15:00:00 GMTAT A GLANCE: NLMK Q4 sales down in domestic, export marketsA summary of the 2020 fourth-quarter (October-December) operational results for Russia’s largest steelmaker, Novolipetsk Steel (NLMK), which also has assets in Europe and the United States. http://www.metalbulletin.com/Article/3971820/AT-A-GLANCE-NLMK-Q4-sales-down-in-domestic-export-markets.htmlFri, 22 Jan 2021 13:45:00 GMTLandmark import scrap cargo held up by delays at Chinese portThe first delivery of imported scrap to arrive in China since last month’s relaxation of import restrictions has been held up by delays at the port, market sources told Fastmarkets on Friday January 22.http://www.metalbulletin.com/Article/3971813/Landmark-import-scrap-cargo-held-up-by-delays-at-Chinese-port.htmlFri, 22 Jan 2021 13:10:00 GMTGLOBAL LITHIUM WRAP: Chinese carbonate tightness supports first Asian seaborne market move in 18 weeksTightness in the Chinese domestic battery grade lithium compound market drove further price upswings and supported a similar move up in the Asian seaborne lithium carbonate market in the week to Thursday January 21.http://www.metalbulletin.com/Article/3971818/GLOBAL-LITHIUM-WRAP-Chinese-carbonate-tightness-supports-first-Asian-seaborne-market-move-in-18-weeks.htmlFri, 22 Jan 2021 12:40:00 GMTVedanta seeks copper rod sales partner in Europe Base metals producer Vedanta Resources is seeking a sales partner in Europe to sell the copper rods produced at its Fujairah Gold venture in the United Arab Emirates (UAE), it said.http://www.metalbulletin.com/Article/3971794/Vedanta-seeks-copper-rod-sales-partner-in-Europe.htmlFri, 22 Jan 2021 11:30:00 GMTCOKING COAL DAILY: Seaborne cfr prices edge up, but fob market flat on concerns over impact of Australia cyclone seasonSeaborne premium hard coking coal price in the cfr market edged up on Friday January 22, on higher offers for Canada-origin coal, but fob prices remained relatively flat, with no transactions heard during the day. http://www.metalbulletin.com/Article/3971798/COKING-COAL-DAILY-Seaborne-cfr-prices-edge-up-but-fob-market-flat-on-concerns-over-impact-of.htmlFri, 22 Jan 2021 11:26:00 GMTAsia steel scrap prices to continue nosedive short term - sourcesPrices for steel scrap across Asian markets have plummeted in recent days due to weak sentiment and buyers abstaining from purchases, market participants told Fastmarkets on Friday January 22.http://www.metalbulletin.com/Article/3971770/Asia-steel-scrap-prices-to-continue-nosedive-short-term-sources.htmlFri, 22 Jan 2021 11:25:00 GMTIRON ORE DAILY: China’s virus control measures curb price sentiment Iron ore prices fell on Friday January 22 due to a negative near-term outlook following the introduction of stronger measures to control the resurgence of Covid-19 cases in China. http://www.metalbulletin.com/Article/3971796/IRON-ORE-DAILY-Chinas-virus-control-measures-curb-price-sentiment.htmlFri, 22 Jan 2021 11:24:00 GMTVIETNAM STEEL SCRAP: Price flash crash dims buying interest There remained a dearth of interest for imported ferrous scrap in key buyer market Vietnam due to the sharp price downtrend in the week to Friday January 22, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3971751/VIETNAM-STEEL-SCRAP-Price-flash-crash-dims-buying-interest.htmlFri, 22 Jan 2021 10:24:00 GMTCHINA HRC: Rising Covid-19 cases hit buyer sentiment China’s domestic hot-rolled coil prices fell on Friday January 22 due to increasing Covid-19 infections that are dampening market sentiment. http://www.metalbulletin.com/Article/3971767/CHINA-HRC-Rising-Covid-19-cases-hit-buyer-sentiment.htmlFri, 22 Jan 2021 10:06:00 GMTLIVE FUTURES REPORT 22/01: Nickel down 1.5%; LME complex deflates after Biden bounceThe London Metal Exchange complex traded downward on Friday January 22 morning, with nickel down the most with a 1.5% drop and metals relenting on their recent rises due to the ‘Biden bounce’, even as the dollar continued to weaken. http://www.metalbulletin.com/Article/3971768/LIVE-FUTURES-REPORT-2201-Nickel-down-15-LME-complex-deflates-after-Biden-bounce.htmlFri, 22 Jan 2021 09:54:00 GMTVale eases Asia pellet drought with Vargem Grande restartVale resumed operations at its pelletizing plant in Vargem Grande, Nova Lima, Brazil, on Wednesday January 20, it said on Thursday January 21.http://www.metalbulletin.com/Article/3971754/Vale-eases-Asia-pellet-drought-with-Vargem-Grande-restart.htmlFri, 22 Jan 2021 09:16:00 GMTMORNING VIEW: Base metals prices pull back as markets generally take a breatherBase metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part down on Friday January 22, after having been up across the board a day earlier, while markets generally seem to be taking a breather after the enthusiasm the US presidential inauguration brought. http://www.metalbulletin.com/Article/3971761/MORNING-VIEW-Base-metals-prices-pull-back-as-markets-generally-take-a-breather.htmlFri, 22 Jan 2021 08:22:00 GMTChilean copper shipments delayed due to high swells Buyers of Chilean copper products have been informed of delayed deliveries after swell warnings were issued for various coasts in Chile, Fastmarkets understands.http://www.metalbulletin.com/Article/3971753/Chilean-copper-shipments-delayed-due-to-high-swells.htmlFri, 22 Jan 2021 07:46:00 GMTFOCUS: Automakers set high hopes for 2021 on electrification drive, recovering demandAutomakers are putting high hopes on 2021 amid a drive toward electrification and recovering demand. http://www.metalbulletin.com/Article/3971322/FOCUS-Automakers-set-high-hopes-for-2021-on-electrification-drive-recovering-demand.htmlFri, 22 Jan 2021 07:05:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 21Here are five Fastmarkets stories you might have missed on Thursday January 21 that are worth another look.http://www.metalbulletin.com/Article/3971745/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-21.htmlFri, 22 Jan 2021 00:05:00 GMTEUROPE HDG: Domestic prices up again but 'peak has passed'Domestic European prices for hot-dipped galvanized coil rose in the week to Wednesday January 20, with buyers believing that the price has reached its peak, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971721/EUROPE-HDG-Domestic-prices-up-again-but-peak-has-passed.htmlThu, 21 Jan 2021 19:30:00 GMTCobalt metal price rally loses momentum; alloy grade price flatThe price of alloy-grade cobalt was unchanged day-on-day in the assessment on Thursday January 21, breaking a two-and-a-half-week rally, after Chinese buying activity subsided and European demand did not push prices further along. http://www.metalbulletin.com/Article/3971724/Cobalt-metal-price-rally-loses-momentum-alloy-grade-price-flat.htmlThu, 21 Jan 2021 18:42:00 GMTLIVE FUTURES REPORT 21/01: LME tin price hits 2014 high; aluminium, nickel gain on weaker dollar Tin’s forward price on the London metal Exchange rose to near seven-year highs above $22,000 per tonne on Thursday January 21 and aluminium and nickel posted gains just short of 1%, supported during trading by a weaker dollar index. http://www.metalbulletin.com/Article/3971720/LIVE-FUTURES-REPORT-2101-LME-tin-price-hits-2014-high-aluminium-nickel-gain-on-weaker-dollar.htmlThu, 21 Jan 2021 17:46:00 GMTEUROPE HRC: Demand slows on anticipated price fall Activity in the European hot-rolled coil market was low on Thursday January 21 because buyers are holding back from making new deals due to an anticipated price fall, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971719/EUROPE-HRC-Demand-slows-on-anticipated-price-fall.htmlThu, 21 Jan 2021 17:25:00 GMTDAILY STEEL SCRAP: Turkish deep-sea scrap prices set to fall furtherNegative sentiment prevailed in the Turkish deep-sea scrap import market on Thursday January 21, with offer prices continuing to slide, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971599/DAILY-STEEL-SCRAP-Turkish-deep-sea-scrap-prices-set-to-fall-further.htmlThu, 21 Jan 2021 17:04:00 GMTTURKEY LONG STEEL: Domestic rebar prices down on limited demandTurkish rebar prices have gone down over the past week amid soft demand for material, sources said on Thursday January 21. http://www.metalbulletin.com/Article/3971593/TURKEY-LONG-STEEL-Domestic-rebar-prices-down-on-limited-demand.htmlThu, 21 Jan 2021 15:38:00 GMTTURKEY LONG STEEL EXPORTS: Prices down on soft demand, falling scrap costsTurkish export prices for steel rebar and wire rod have gone down over the past week amid soft demand and falling scrap costs, market sources said on Thursday January 21. http://www.metalbulletin.com/Article/3971591/TURKEY-LONG-STEEL-EXPORTS-Prices-down-on-soft-demand-falling-scrap-costs.htmlThu, 21 Jan 2021 15:18:00 GMTLME proposes warrant holding limits, stock reporting portal to manage market conductHidden under the big headline of the ring closing, the London Metal Exchange’s recent discussion paper also asked market participants for feedback on stocks, physical movements and market squeezes. http://www.metalbulletin.com/Article/3971544/LME-proposes-warrant-holding-limits-stock-reporting-portal-to-manage-market-conduct.htmlThu, 21 Jan 2021 15:05:00 GMTPrivat SiMn plant in Ukraine suffers collapsePrivat Group’s Zaporozhye plant in Ukraine has suffered a partial collapse in the roof of the building, damaging a meltshop at a time when manganese alloys markets are rallying to multi-year highs in Europe. http://www.metalbulletin.com/Article/3971548/Privat-SiMn-plant-in-Ukraine-suffers-collapse.htmlThu, 21 Jan 2021 14:04:00 GMTTisco hikes ferro-chrome tender price by $340/t for February China’s leading stainless steel producer, Taiyuan Iron & Steel (Tisco), has set its ferro-chrome tender price for February delivery at 8,000 yuan ($1,237) per tonne, the highest tender price issued by a major stainless steel mill since October 2017. http://www.metalbulletin.com/Article/3971547/Tisco-hikes-ferro-chrome-tender-price-by-340t-for-February.htmlThu, 21 Jan 2021 12:43:00 GMTBANGLADESH STEEL SCRAP: Prices fall after fresh US cargo sales More deep-sea bulk cargoes have been sold to Bangladesh from the United States, with prices easing following the sales, market participants told Fastmarkets on Thursday January 21. http://www.metalbulletin.com/Article/3971543/BANGLADESH-STEEL-SCRAP-Prices-fall-after-fresh-US-cargo-sales.htmlThu, 21 Jan 2021 12:12:00 GMTIRON ORE DAILY: SGX 65% Fe contract sets new monthly traded record The Singapore Exchange’s (SGX) 65% Fe iron ore derivatives contract – which is settled against Fastmarkets’ daily index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao – set a new record for traded volumes at 5.9 million tonnes so far in January, according to SGX published data on Thursday January 21. http://www.metalbulletin.com/Article/3971541/IRON-ORE-DAILY-SGX-65-Fe-contract-sets-new-monthly-traded-record.htmlThu, 21 Jan 2021 11:45:00 GMTCOKING COAL DAILY: Seaborne premium prices rise on latest trade and offerSeaborne premium hard coking coal prices in both the fob and cfr markets increased on Thursday January 21, after a new trade and an offer at higher prices, sources said.http://www.metalbulletin.com/Article/3971542/COKING-COAL-DAILY-Seaborne-premium-prices-rise-on-latest-trade-and-offer.htmlThu, 21 Jan 2021 11:30:00 GMTVoestalpine restarts BF in Donawitz to meet growing steel demandAustrian steelmaking group Voestalpine has decided to relight the second blast furnace (BF) at its Donawitz site to meet growing demand for long steel, the company said on Thursday January 21.http://www.metalbulletin.com/Article/3971533/Voestalpine-restarts-BF-in-Donawitz-to-meet-growing-steel-demand.htmlThu, 21 Jan 2021 11:20:00 GMTJAPAN STEEL SCRAP: Lower bids from Korea drag down export prices A drop in scrap bid prices from a major South Korean steelmaker led to a weakening in the Japan steel scrap export market in the week to Wednesday January 20, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3971537/JAPAN-STEEL-SCRAP-Lower-bids-from-Korea-drag-down-export-prices.htmlThu, 21 Jan 2021 10:52:00 GMTLotte Aluminium gains first ASI certification in South KoreaLotte Aluminium has been certified against the Aluminium Stewardship Initiative (ASI) Chain of Custody (Coc) Standard at its rolling facility in Ansan, South Korea, it said on January 21.http://www.metalbulletin.com/Article/3971532/Lotte-Aluminium-gains-first-ASI-certification-in-South-Korea.htmlThu, 21 Jan 2021 10:26:00 GMTLIVE FUTURES REPORT 21/01: LME tin price breaches $22,000/t; complex positive at start of Biden administration The London Metal Exchange three-month tin price surpassed the $22,000 per tonne mark during early trading on Thursday January 21, while the complex as a whole moved up due to a weaker dollar, rising equity markets and bullish sentiment after Joe Biden’s inauguration as the 46th US president on Wednesday.http://www.metalbulletin.com/Article/3971530/LIVE-FUTURES-REPORT-2101-LME-tin-price-breaches-22000t-complex-positive-at-start-of-Biden.htmlThu, 21 Jan 2021 10:01:00 GMTVedanta settles Zambian villagers' pollution claim over Nchanga copper mine Vedanta Resources has agreed to settle all claims from over 2,500 Zambian villagers over pollution around the Nchanga copper mining operation, according to a company statement. http://www.metalbulletin.com/Article/3971523/Vedanta-settles-Zambian-villagers-pollution-claim-over-Nchanga-copper-mine.htmlThu, 21 Jan 2021 09:37:00 GMTMORNING VIEW: Base metals prices, broader markets bullishBase metals prices on the London Metal Exchange and Shanghai Futures Exchange were up across the board this morning, Thursday January 21, showing dips and pauses are attracting further buying, with tin and nickel leading on the upside. http://www.metalbulletin.com/Article/3971524/MORNING-VIEW-Base-metals-prices-broader-markets-bullish.htmlThu, 21 Jan 2021 08:36:00 GMTTrump removes 232 Al tariff on UAE in final minutes of presidencyHours before the inauguration of US President Joe Biden, former president Donald Trump replaced the Section 232 aluminium tariff on the United Arab Emirates (UAE) with a quota. The US market was blindsided but participants called the action inconsequential.http://www.metalbulletin.com/Article/3971518/Trump-removes-232-Al-tariff-on-UAE-in-final-minutes-of-presidency.htmlThu, 21 Jan 2021 06:37:00 GMTAT A GLANCE: Alcoa sets production records in bauxite, alumina despite 'challenging' 2020A summary of aluminium and alumina producer Alcoa’s fourth-quarter and full-year 2020 earnings results.http://www.metalbulletin.com/Article/3971515/AT-A-GLANCE-Alcoa-sets-production-records-in-bauxite-alumina-despite-challenging-2020.htmlThu, 21 Jan 2021 04:43:00 GMTIN FIGURES: China’s minor metals exports in December 2020A summary of China’s minor metals exports for December 2020.http://www.metalbulletin.com/Article/3971514/IN-FIGURES-Chinas-minor-metals-exports-in-December-2020.htmlThu, 21 Jan 2021 04:13:00 GMTHOTTER ON METALS: Fee differentiator plan aims to drive liquidityA differentiated fee structure designed to drive member-to-member trade away from the telephone market is being proposed by the London Metal Exchange as part of its discussion paper. http://www.metalbulletin.com/Article/3971466/HOTTER-ON-METALS-Fee-differentiator-plan-aims-to-drive-liquidity.htmlThu, 21 Jan 2021 02:20:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 20Here are five Fastmarkets stories you might have missed on Wednesday January 20 that are worth another look.http://www.metalbulletin.com/Article/3971511/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-20.htmlThu, 21 Jan 2021 00:05:00 GMTUS hot-rolled coil index stumbles, but dynamics the sameHot-rolled coil prices in the United States dipped despite buyers still struggling to find spot tons at competitive prices. http://www.metalbulletin.com/Article/3971513/US-hot-rolled-coil-index-stumbles-but-dynamics-the-same.htmlWed, 20 Jan 2021 22:48:00 GMTVale says iron ore sales unaffected by fire in port terminalBrazil-based miner Vale said its sales have not been affected by a fire that impacted one of its piers at the Ponta do Madeira port terminal last week, in the country’s northern Maranhão state.http://www.metalbulletin.com/Article/3971506/Vale-says-iron-ore-sales-unaffected-by-fire-in-port-terminal.htmlWed, 20 Jan 2021 22:02:00 GMTCobalt metal prices close to 2-year highs as Europe, US consumers returnThe price of standard-grade cobalt has hit a fresh high, reaching numbers not seen in nearly two years after non-Chinese consumers stepped into the market in the week to Wednesday January 20, with enough strength to help a two-week price rally continue after buying interest from China dipped. http://www.metalbulletin.com/Article/3971492/Cobalt-metal-prices-close-to-2-year-highs-as-Europe-US-consumers-return.htmlWed, 20 Jan 2021 20:05:00 GMTEUROPE HRC: Trading activity slows as nervous buyers hold backActivity in the European market for hot-rolled coil was slow over the week to Wednesday January 20 with buyers holding back from making deals, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3971489/EUROPE-HRC-Trading-activity-slows-as-nervous-buyers-hold-back.htmlWed, 20 Jan 2021 19:22:00 GMTLIVE FUTURES REPORT 20/01: Tin up 2%, copper above $8,000 as Biden administration beginsThe price of tin rose by more than 2% and copper rose to more than $8,000 per tonne on Wednesday January 20, with the London Metal Exchange base-metals complex bullish at the start of the Biden presidential administration in the United States. http://www.metalbulletin.com/Article/3971479/LIVE-FUTURES-REPORT-2001-Tin-up-2-copper-above-8000-as-Biden-administration-begins.htmlWed, 20 Jan 2021 18:28:00 GMTCONSUMER ELECTRONICS MARKET REPORT 20/01: Spot tightness sends lithium carbonate to 14-month highAn overview of the consumer electronics markets and their latest price moves. http://www.metalbulletin.com/Article/3971471/CONSUMER-ELECTRONICS-MARKET-REPORT-2001-Spot-tightness-sends-lithium-carbonate-to-14-month-high.htmlWed, 20 Jan 2021 18:07:00 GMTBASE METALS WARRANT REPORT 20/01A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday January 20.http://www.metalbulletin.com/Article/3971469/BASE-METALS-WARRANT-REPORT-2001.htmlWed, 20 Jan 2021 18:03:00 GMTEUROPE PLATE: Domestic mills continue to push offers upwardProducers across Europe have continued to increase their domestic offer prices for heavy steel plate despite the slow recovery of demand, market sources told Fastmarkets on Wednesday January 20. http://www.metalbulletin.com/Article/3971465/EUROPE-PLATE-Domestic-mills-continue-to-push-offers-upward.htmlWed, 20 Jan 2021 17:42:00 GMTUK produces first-ever battery grade lithium carbonate in Cornwall Lithium carbonate has been produced for the first time in Cornwall in southwest England, the Li4UK consortium said this week. http://www.metalbulletin.com/Article/3971238/UK-produces-first-ever-battery-grade-lithium-carbonate-in-Cornwall.htmlWed, 20 Jan 2021 17:36:00 GMTDAILY STEEL SCRAP: Mills continue deep-sea bookings, prices fall againFalling Turkish deep-sea scrap import prices have continued with the latest Baltic Sea transaction heard on Wednesday January 20. http://www.metalbulletin.com/Article/3971423/DAILY-STEEL-SCRAP-Mills-continue-deep-sea-bookings-prices-fall-again.htmlWed, 20 Jan 2021 17:30:00 GMTGLOBAL NICKEL WRAP: Premiums edge up in China near holidays, hold in the US and Europe Shanghai nickel plate premiums gained ahead of an expected lull before the Chinese New Year, while sellers in the United States eyed possible briquette premium increases in the week to Tuesday January 19. http://www.metalbulletin.com/Article/3971311/GLOBAL-NICKEL-WRAP-Premiums-edge-up-in-China-near-holidays-hold-in-the-US-and-Europe.htmlWed, 20 Jan 2021 17:11:00 GMTNORTHERN EUROPE WIRE ROD: Price generally flat but sentiment shakyPrices for domestic steel mesh-quality wire rod in the north of Europe were largely flat in the week to Wednesday January 20, supported by tight availability, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3971429/NORTHERN-EUROPE-WIRE-ROD-Price-generally-flat-but-sentiment-shaky.htmlWed, 20 Jan 2021 17:10:00 GMTSPECIALTY STEEL RAW MATERIALS MARKET REPORT 20/01: Titanium scrap prices jump over 13% on feedstock shortageAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/3971434/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-2001-Titanium-scrap-prices-jump-over-13-on-feedstock.htmlWed, 20 Jan 2021 16:36:00 GMT‘Inevitable’ LME ring closure sad but date structure is key benefit, market saysThe London Metal Exchange’s trading ring no longer serves an “irreplaceable function” and its permanent closure is inevitable, market participants have told Fastmarkets. http://www.metalbulletin.com/Article/3971341/Inevitable-LME-ring-closure-sad-but-date-structure-is-key-benefit-market-says.htmlWed, 20 Jan 2021 16:20:00 GMTTITANIUM SNAPSHOT: Europe scrap prices jump on scarce supplyKey data from Fastmarkets’ pricing session in Europe on Wednesday January 20.http://www.metalbulletin.com/Article/3971364/TITANIUM-SNAPSHOT-Europe-scrap-prices-jump-on-scarce-supply.htmlWed, 20 Jan 2021 15:26:00 GMTGermany's Audi becomes first OEM to gain certification for responsible aluminium sourcingGerman automaker Audi has gained recognition for its sustainable and responsible sourcing of aluminium by attaining the Aluminium Stewardship Initiative (ASI) "Chain of Custody Standard" (CoC). http://www.metalbulletin.com/Article/3971344/Germanys-Audi-becomes-first-OEM-to-gain-certification-for-responsible-aluminium-sourcing.htmlWed, 20 Jan 2021 14:47:00 GMT'Crazy' alloy price rises in China on tight availabilityRestricted supply of material has sent domestic ferro-chrome and imported charge chrome prices higher in China during the week to Tuesday January 19, according to market sources.http://www.metalbulletin.com/Article/3971338/Crazy-alloy-price-rises-in-China-on-tight-availability.htmlWed, 20 Jan 2021 13:40:00 GMTIranian semi-finished steel prices down amid challenging marketIranian export prices for steel billet and slab softened in the week to Wednesday January 20 amid challenging market conditions, Fastmarkets has heard. http://www.metalbulletin.com/Article/3971339/Iranian-semi-finished-steel-prices-down-amid-challenging-market.htmlWed, 20 Jan 2021 13:25:00 GMTCOKING COAL DAILY: Premium fob price jumps upThe premium hard coking coal fob price jumped on Wednesday January 20 following two transactions sealed at higher prices while Russian low-volatility pulverized coal injection (PCI) cfr price hiked, sources said.http://www.metalbulletin.com/Article/3971334/COKING-COAL-DAILY-Premium-fob-price-jumps-up.htmlWed, 20 Jan 2021 11:55:00 GMTIRON ORE DAILY: Mid-grade fines prices dip despite tropical low approaching Pilbara Iron ore prices for mid-grade fines dropped on Wednesday January 20 due to weak demand for steel despite the potential impact of tropical cyclone near West Australia on shipments, while high-grade fines gained on tight supply. http://www.metalbulletin.com/Article/3971330/IRON-ORE-DAILY-Mid-grade-fines-prices-dip-despite-tropical-low-approaching-Pilbara.htmlWed, 20 Jan 2021 10:53:00 GMTLIVE FUTURES REPORT 20/01: Copper back above $8,000/t; Al, Zn up 1%There were gains across the board for the London Metal Exchange base metals this morning, Wednesday January 20, with a weaker US Dollar Index and a firm commitment on further stimulus in the United States pushing copper and aluminium up by 1.2% and 1% respectively. http://www.metalbulletin.com/Article/3971328/LIVE-FUTURES-REPORT-2001-Copper-back-above-8000t-Al-Zn-up-1.htmlWed, 20 Jan 2021 10:20:00 GMTIron ore supply concerns arise with tropical low approaching Pilbara coastMeteorologists have predicted a category 1 or 2 cyclone to reach the Pilbara coast of Western Australia as early as Friday January 22, which could affect iron ore shipments, sources said.http://www.metalbulletin.com/Article/3971318/Iron-ore-supply-concerns-arise-with-tropical-low-approaching-Pilbara-coast.htmlWed, 20 Jan 2021 09:20:00 GMTMORNING VIEW: Base metals prices mixed but dips find supportBase metals prices on the London Metal Exchange and Shanghai Futures Exchange were once again mixed this morning, Wednesday January 20, but the likelihood of plentiful US fiscal stimulus in the days ahead is likely to underpin markets at least for a while, although any new measures to tackle Covid-19 may well become a headwind. http://www.metalbulletin.com/Article/3971319/MORNING-VIEW-Base-metals-prices-mixed-but-dips-find-support.htmlWed, 20 Jan 2021 08:30:00 GMTFERROUS ANALYTICS: Runaway raw materials prices cut scrap premiums over hot metalFastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia. http://www.metalbulletin.com/Article/3971312/FERROUS-ANALYTICS-Runaway-raw-materials-prices-cut-scrap-premiums-over-hot-metal.htmlWed, 20 Jan 2021 06:45:00 GMTGLOBAL ALUMINIUM WRAP: Steady demand, return of contango keep global premiums upAluminium premiums were supported on Tuesday January 19 by steady downstream demand and the return of a contango on London Metal Exchange price spreads. http://www.metalbulletin.com/Article/3971277/GLOBAL-ALUMINIUM-WRAP-Steady-demand-return-of-contango-keep-global-premiums-up.htmlWed, 20 Jan 2021 05:56:00 GMTGLOBAL COPPER WRAP: Shanghai premium jumps to 5-month high on demand hopesCopper cathode premiums were up in China this past week but static elsewhere around the world, with physical market activity slow to return at the start of 2021.http://www.metalbulletin.com/Article/3971285/GLOBAL-COPPER-WRAP-Shanghai-premium-jumps-to-5-month-high-on-demand-hopes.htmlWed, 20 Jan 2021 03:22:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 19Here are five Fastmarkets stories you might have missed on Tuesday January 19 that are worth another look.http://www.metalbulletin.com/Article/3971307/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-19.htmlWed, 20 Jan 2021 00:05:00 GMTUS hot-rolled coil index holds under $1,140/t amid spot freezeHot-rolled coil prices in the United States held steady while buyers continued to struggle in their quest for spot tonnage at the domestic mills. http://www.metalbulletin.com/Article/3971309/US-hot-rolled-coil-index-holds-under-1140t-amid-spot-freeze.htmlTue, 19 Jan 2021 22:22:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 19/01A summary of base metals premiums from across the globe for the week to Tuesday January 19.http://www.metalbulletin.com/Article/3971298/WEEKLY-BASE-METAL-PREMIUMS-REPORT-1901.htmlTue, 19 Jan 2021 21:08:00 GMTMexican ferrous scrap prices soar amid low inventoriesMexican steel scrap prices skyrocketed in the week ended Friday January 15, with steelmakers struggling with low inventories and increasing their buying prices to secure supply. http://www.metalbulletin.com/Article/3971296/Mexican-ferrous-scrap-prices-soar-amid-low-inventories.htmlTue, 19 Jan 2021 20:52:00 GMTEUROPE HRC: Domestic price consolidates while buyers, sellers hold back from transactions The domestic price for hot-rolled coil in Northern Europe inched down day on day on Tuesday January 19 due to slow market activity, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971275/EUROPE-HRC-Domestic-price-consolidates-while-buyers-sellers-hold-back-from-transactions.htmlTue, 19 Jan 2021 17:50:00 GMTDAILY STEEL SCRAP: Fresh US deal pushes prices down once againTurkish deep-sea scrap import prices have gone down once again in the latest trade heard for a US-origin cargo, sources said on Tuesday January 19. http://www.metalbulletin.com/Article/3971235/DAILY-STEEL-SCRAP-Fresh-US-deal-pushes-prices-down-once-again.htmlTue, 19 Jan 2021 16:58:00 GMTHOTTER ON METALS: Changing LME clearing model could kill the golden goose The London Metal Exchange and its clearing house are revisiting a proposal to transition to a different way of calculating its clearing methodology. http://www.metalbulletin.com/Article/3971242/HOTTER-ON-METALS-Changing-LME-clearing-model-could-kill-the-golden-goose.htmlTue, 19 Jan 2021 16:20:00 GMTHOTTER ON METALS: Covid-19 to kill the LME ringCovid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor. http://www.metalbulletin.com/Article/3971188/HOTTER-ON-METALS-Covid-19-to-kill-the-LME-ring.htmlTue, 19 Jan 2021 14:06:00 GMTLME proposes to permanently shut ring, incentivize electronic tradeThe London Metal Exchange is proposing the permanent closure of its open-outcry trading floor and the incentivization of greater liquidity on its electronic trading platform, LMESelect. http://www.metalbulletin.com/Article/3971139/LME-proposes-to-permanently-shut-ring-incentivize-electronic-trade.htmlTue, 19 Jan 2021 14:00:00 GMTAT A GLANCE: Rio Tinto iron ore production up 3% in Q4; hits Pilbara production guidance A summary of multinational mining company Rio Tinto’s fourth-quarter 2020 production results from its latest production report released on Tuesday January 19. http://www.metalbulletin.com/Article/3971167/AT-A-GLANCE-Rio-Tinto-iron-ore-production-up-3-in-Q4-hits-Pilbara-production-guidance.htmlTue, 19 Jan 2021 13:45:00 GMTNo deal between Jiangxi Copper, First Quantum for 2021 contracted copper blister, anode supply - sourcesChinese copper producer Jiangxi Copper and Canada-based First Quantum have not agreed to a contractual supply of intermediate copper products for 2021, Fastmarkets has learned. http://www.metalbulletin.com/Article/3971146/No-deal-between-Jiangxi-Copper-First-Quantum-for-2021-contracted-copper-blister-anode-supply-sources.htmlTue, 19 Jan 2021 12:22:00 GMTSoutheast Asia steel billet prices retreat amid high supply, low buying interestPrices for cargoes of steel billet imported to Southeast Asia have moved down over the past week amid a continued high volume of offers in the market, with some participants on the sell-side keen to close deals sooner rather than later, sources told Fastmarkets on Tuesday January 19.http://www.metalbulletin.com/Article/3971160/Southeast-Asia-steel-billet-prices-retreat-amid-high-supply-low-buying-interest.htmlTue, 19 Jan 2021 12:14:00 GMTLIVE FUTURES REPORT 19/01: Copper sole LME base metal to make gains; Al continues to fallCopper was the only base metal on the London Metal Exchange to register a gain during morning trading on Tuesday January 19, while aluminium’s forward price continued to drop and tin recorded the biggest decline, with the complex still capped by a firm dollar.http://www.metalbulletin.com/Article/3971155/LIVE-FUTURES-REPORT-1901-Copper-sole-LME-base-metal-to-make-gains-Al-continues-to-fall.htmlTue, 19 Jan 2021 10:24:00 GMTGlencore sells majority stake in Mopani copper mine for $1.5blnGlencore has agreed to sell its 73% stake in the Mopani copper mine in Zambia to the Zambian state mining investment arm, the Swiss commodity trader said on Tuesday January 19.http://www.metalbulletin.com/Article/3971149/Glencore-sells-majority-stake-in-Mopani-copper-mine-for-15bln.htmlTue, 19 Jan 2021 10:05:00 GMTPRICING NOTICE: Amendment to No2 copper scrap discount assessmentAfter an extended consultation period, Fastmarkets has decided to amend its discount assessment for No2 copper scrap imported into China so that it is aligned with the country’s new import policy for such material.http://www.metalbulletin.com/Article/3971141/PRICING-NOTICE-Amendment-to-No2-copper-scrap-discount-assessment.htmlTue, 19 Jan 2021 09:30:00 GMTMORNING VIEW: LME base metals prices mixed with aluminium following zinc lowerBase metals prices on the London Metal Exchange were mixed this morning, Tuesday January 19, but aluminium prices have followed recent weakness in zinc, breaking support levels in the process. http://www.metalbulletin.com/Article/3971144/MORNING-VIEW-LME-base-metals-prices-mixed-with-aluminium-following-zinc-lower.htmlTue, 19 Jan 2021 08:51:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 18Here are five Fastmarkets stories you might have missed on Monday January 18 that are worth another look. http://www.metalbulletin.com/Article/3971138/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-18.htmlTue, 19 Jan 2021 00:05:00 GMTCIS STEEL SLAB: Market down on weaker finished flat steel pricesExport prices for steel slab from the Commonwealth of Independent States (CIS) decreased in the week to Monday January 18 because customers were not ready to accept the levels being asked by mills amid weakening prices for finished flat steel products. http://www.metalbulletin.com/Article/3971131/CIS-STEEL-SLAB-Market-down-on-weaker-finished-flat-steel-prices.htmlMon, 18 Jan 2021 19:05:00 GMTEUROPE HRC WRAP: Domestic prices continue to rise on limited supplyPrices for domestic steel hot-rolled coil increased in Europe in the week ended Friday January 15, due to limited availability of the material. http://www.metalbulletin.com/Article/3971132/EUROPE-HRC-WRAP-Domestic-prices-continue-to-rise-on-limited-supply.htmlMon, 18 Jan 2021 18:30:00 GMTLIVE FUTURES REPORT 18/01: LME aluminium price dips on 112kt delivery; tin up 0.6% The London Metal Exchange aluminium forward price was dented by almost 1% by a sizeable delivery of material to registered warehouses, while tin recorded the biggest increase at the 5pm close on Monday January 18. http://www.metalbulletin.com/Article/3971134/LIVE-FUTURES-REPORT-1801-LME-aluminium-price-dips-on-112kt-delivery-tin-up-06.htmlMon, 18 Jan 2021 17:48:00 GMTEuropean ferro-silicon market to consolidate in near term, sources sayThe European spot ferro-silicon price, which widened up to €1,300-1,200 per tonne on Friday January 15, should now be supported against any prompt demand from steelmakers that have agreed their first-quarter delivery settlements, sources said this week.http://www.metalbulletin.com/Article/3971058/European-ferro-silicon-market-to-consolidate-in-near-term-sources-say.htmlMon, 18 Jan 2021 17:24:00 GMTMining resumes in Vedanta's Gamsberg zinc operation after two months Mining at Vedanta Zinc International's South African zinc mine in Gamsberg has resumed after a two-month shutdown following a landfall at the project in November. http://www.metalbulletin.com/Article/3971100/Mining-resumes-in-Vedantas-Gamsberg-zinc-operation-after-two-months.htmlMon, 18 Jan 2021 16:05:00 GMTTURKEY DOMESTIC STEEL SCRAP: Downturn in import values depresses domestic auto bundle pricesTurkish domestic prices for auto bundle steel scrap have gone down slightly over the past week, following the downturn in the deep-sea scrap import values, sources said on Monday January 18. http://www.metalbulletin.com/Article/3971071/TURKEY-DOMESTIC-STEEL-SCRAP-Downturn-in-import-values-depresses-domestic-auto-bundle-prices.htmlMon, 18 Jan 2021 15:50:00 GMTGERMANY STEEL SCRAP: International scrap price rise drives domestic rally Domestic ferrous scrap prices in Germany increased significantly in the month to Friday January 15, following and supported by the trend in the international market, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971066/GERMANY-STEEL-SCRAP-International-scrap-price-rise-drives-domestic-rally.htmlMon, 18 Jan 2021 15:06:00 GMTUS moly trade cools amid new lockdowns in China, sources sayConcern over a new lockdown in China has limited molybdenum trade there and curbed the rise in the price of molybdic oxide in the United States, market sources said.http://www.metalbulletin.com/Article/3970949/US-moly-trade-cools-amid-new-lockdowns-in-China-sources-say.htmlMon, 18 Jan 2021 13:21:00 GMTINTERVIEW: ‘ONI is utilizing big data to drive improvements,’ Head saysHolman Head retired from his role as president and chief operating officer of O’Neal Industries (ONI) at the end of September. He recalls the substantial growth of the business during his 40-year career with the company and discusses likely future trends with Fastmarkets’ Bette Kovach.http://www.metalbulletin.com/Article/3970459/INTERVIEW-ONI-is-utilizing-big-data-to-drive-improvements-Head-says.htmlMon, 18 Jan 2021 12:50:00 GMTITALY STEEL SCRAP: Market jumps in January but sellers release more supply amid global price retreat Italian domestic steel scrap prices surged in the month to Friday January 15, supported by the global uptrend in December and the first half of January, sources told Fastmarkets. http://www.metalbulletin.com/Article/3971057/ITALY-STEEL-SCRAP-Market-jumps-in-January-but-sellers-release-more-supply-amid-global-price-retreat.htmlMon, 18 Jan 2021 12:48:00 GMTSeaborne manganese ore prices rise again but at slower rateThe seaborne prices of both low and high-grade manganese ore rose but at a slower rate in the week to Friday January 15 following weakness emerging in the portside market, sources said.http://www.metalbulletin.com/Article/3971056/Seaborne-manganese-ore-prices-rise-again-but-at-slower-rate.htmlMon, 18 Jan 2021 12:22:00 GMT2021 PREVIEW: With steeply rising prices, is the EU steel industry set for a 2008-style crash? After a rapid rise of domestic steel prices across Europe in the second half of 2020, market sources have been voicing concerns that the situation will echo the scenario in 2008 of a price spike quickly followed by a sharp fall. http://www.metalbulletin.com/Article/3970662/2021-PREVIEW-With-steeply-rising-prices-is-the-EU-steel-industry-set-for-a-2008-style-crash.htmlMon, 18 Jan 2021 12:19:00 GMTCOKING COAL DAILY: Firm demand, few offered cargoes support fob PHCC price uptickThe seaborne fob market moved up slightly for premium hard coking coal prices on Monday January 18 on firm demand and a limited number of cargoes on offer in the market, sources said.http://www.metalbulletin.com/Article/3971047/COKING-COAL-DAILY-Firm-demand-few-offered-cargoes-support-fob-PHCC-price-uptick.htmlMon, 18 Jan 2021 11:24:00 GMTIRON ORE DAILY: Prices inch up after China posts highest-ever GDPIron ore prices increased on Monday January 18, supported by a news of a record-high GDP in China for 2020 and supply concerns after a fire at Vale’s Ponta da Madeira terminal in northern Brazil.http://www.metalbulletin.com/Article/3971050/IRON-ORE-DAILY-Prices-inch-up-after-China-posts-highest-ever-GDP.htmlMon, 18 Jan 2021 11:12:00 GMTSPECIALTY STEEL RAW MATERIALS MARKET REPORT 18/01: Manganese flake continues rise on tight supply, China delaysAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/3971053/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-1801-Manganese-flake-continues-rise-on-tight-supply-China.htmlMon, 18 Jan 2021 11:12:00 GMTLIVE FUTURES REPORT 18/01: Mixed start to the week for LME base metalsLME base metals prices had a mixed start on the morning of January 18, despite positive economic data coming out of China, with copper and nickel rising but zinc falling, capped by a high US Dollar Index. http://www.metalbulletin.com/Article/3971045/LIVE-FUTURES-REPORT-1801-Mixed-start-to-the-week-for-LME-base-metals.htmlMon, 18 Jan 2021 10:11:00 GMTMORNING VIEW: Base metals prices supported by strong data out of ChinaThe base metals on the London Metal Exchange were mainly stronger this morning, Monday January 18, aided by some strong economic data in China, including gross domestic product (GDP) that showed growth of 6.5% year on year in the fourth quarter, which was stronger than the 6.2% expected and up from 4.9% in the third quarter. http://www.metalbulletin.com/Article/3971041/MORNING-VIEW-Base-metals-prices-supported-by-strong-data-out-of-China.htmlMon, 18 Jan 2021 09:31:00 GMTMANGANESE ORE ANALYTICS: January 18, 2021The latest data for the global manganese ore market for the week ended January 18, 2021.http://www.metalbulletin.com/Article/3971039/MANGANESE-ORE-ANALYTICS-January-18-2021.htmlMon, 18 Jan 2021 09:21:00 GMT2021 PREVIEW: Positive outlook for cobalt confirmed by exclusive survey A strong performance in the electric vehicle (EV) sector is set to give a significant boost to demand for cobalt in 2021, an exclusive survey by Fastmarkets reveals. http://www.metalbulletin.com/Article/3970602/2021-PREVIEW-Positive-outlook-for-cobalt-confirmed-by-exclusive-survey.htmlMon, 18 Jan 2021 09:00:00 GMTCHINA STEEL SCRAP: Pre-holiday restocking pushes up domestic pricesChina’s domestic prices for steel scrap surged last week amid replenishment by steel mills and a tightening supply of raw materials. http://www.metalbulletin.com/Article/3971033/CHINA-STEEL-SCRAP-Pre-holiday-restocking-pushes-up-domestic-prices.htmlMon, 18 Jan 2021 08:52:00 GMTCHINA REBAR: Shandong cities stop construction work to contain Covid-19 outbreakChina’s domestic rebar prices increased slightly on Monday January 18 following futures gains, although demand edged down. http://www.metalbulletin.com/Article/3971037/CHINA-REBAR-Shandong-cities-stop-construction-work-to-contain-Covid-19-outbreak.htmlMon, 18 Jan 2021 08:31:00 GMTImport FeCr prices in Japan, South Korea soar after spike in Chinese market A dramatic rise in import ferro-chrome prices in Japan and South Korea has pushed both markets to levels not seen in more than two years. http://www.metalbulletin.com/Article/3971036/Import-FeCr-prices-in-Japan-South-Korea-soar-after-spike-in-Chinese-market.htmlMon, 18 Jan 2021 07:21:00 GMTIN FIGURES: China’s crude steel output hits 1 billion tonnes in 2020China’s crude steel output in 2020 exceeded 1 billion tonnes for the first time with an increase of 5.2%, according to data released by the country’s National Bureau of Statistics on Monday January 18.http://www.metalbulletin.com/Article/3971034/IN-FIGURES-Chinas-crude-steel-output-hits-1-billion-tonnes-in-2020.htmlMon, 18 Jan 2021 05:15:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 15Here are five Fastmarkets stories you might have missed on Friday January 15 that are worth another look.http://www.metalbulletin.com/Article/3971010/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-15.htmlMon, 18 Jan 2021 00:05:00 GMTSouth America flat steel import market divided; buyers wait for price dropThere was no clear trend for South American flat steel import prices in the week to Friday January 15, with clients in no rush to secure new deals yet amid static or slightly higher new offers from all origins.http://www.metalbulletin.com/Article/3971006/South-America-flat-steel-import-market-divided-buyers-wait-for-price-drop.htmlFri, 15 Jan 2021 23:21:00 GMTUS hot-rolled coil index slips from record high to under $57/cwtHot-rolled coil prices in the United States slipped from an all-time high to just under $57 per hundredweight ($1,140 per short ton) on Friday January 15, but remain poised to rebound amid tight supply, Fastmarkets understands.http://www.metalbulletin.com/Article/3971011/US-hot-rolled-coil-index-slips-from-record-high-to-under-57cwt.htmlFri, 15 Jan 2021 23:10:00 GMTUS cold-rolled coil price soars to record high; HDG also spikesPrices for cold-rolled and galvanized steel sheet in the United States leaped after buyer competition for the mills’ limited first-quarter spot tonnage became fierce.http://www.metalbulletin.com/Article/3971008/US-cold-rolled-coil-price-soars-to-record-high-HDG-also-spikes.htmlFri, 15 Jan 2021 22:16:00 GMTBrazilian slab export prices edge up on high offers, strong flat steel demandBrazilian steel slab export prices tightened upward in the week ended Friday January 15, with producers continuing to seek high prices. http://www.metalbulletin.com/Article/3970961/Brazilian-slab-export-prices-edge-up-on-high-offers-strong-flat-steel-demand.htmlFri, 15 Jan 2021 20:42:00 GMTNEW ENERGY MATERIALS MARKET REPORT 15/01: Chinese domestic lithium chemical prices higher, tightening supplyAn overview of the new energy materials markets and their price moves from the past week.http://www.metalbulletin.com/Article/3970929/NEW-ENERGY-MATERIALS-MARKET-REPORT-1501-Chinese-domestic-lithium-chemical-prices-higher-tightening.htmlFri, 15 Jan 2021 19:35:00 GMTSTEEL SCRAP WRAP: Sentiment turns in global markets on imminent price correctionSentiment in the key global scrap markets has turned negative in the week to Friday January 15, with buying activity dipping on expectations of a correction in prices, led by a week-long absence from the markets by Turkish buyers after a prolonged period of soaring prices. http://www.metalbulletin.com/Article/3970941/STEEL-SCRAP-WRAP-Sentiment-turns-in-global-markets-on-imminent-price-correction.htmlFri, 15 Jan 2021 19:12:00 GMTGLOBAL FERRO-SILICON SNAPSHOT: US, EU prices rise, taking cue from elevated Asian marketsKey data from the pricing sessions in Europe, Asia and the United States for the week ended Friday January 15. http://www.metalbulletin.com/Article/3970948/GLOBAL-FERRO-SILICON-SNAPSHOT-US-EU-prices-rise-taking-cue-from-elevated-Asian-markets.htmlFri, 15 Jan 2021 18:50:00 GMTEUROPE HRC: Domestic prices rise again, with even higher offers expected soonThe domestic price for hot-rolled coil rose day on day in Northern Europe on Friday January 15, with mills likely to push for even higher prices, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970936/EUROPE-HRC-Domestic-prices-rise-again-with-even-higher-offers-expected-soon.htmlFri, 15 Jan 2021 18:08:00 GMTLIVE FUTURES REPORT 15/01: Zinc falls 2%; Copper drops below $8,000/t The zinc price was the hardest hit as most base metals finished below their psychological price levels on Friday January 15, with a high US dollar resulting in further signs of consolidation taking hold at the London Metals Exchange. http://www.metalbulletin.com/Article/3970947/LIVE-FUTURES-REPORT-1501-Zinc-falls-2-Copper-drops-below-8000t.htmlFri, 15 Jan 2021 17:53:00 GMTUK STEEL SCRAP WEEKLY: Light iron price tracks monthly settlements upwardThe British light iron market hit £150 per tonne in the week ending Friday January 15, a level last seen almost eight years ago, amid firm fundamentals, reduced supplies coming into yards and strong export demand, trade sources said. http://www.metalbulletin.com/Article/3970928/UK-STEEL-SCRAP-WEEKLY-Light-iron-price-tracks-monthly-settlements-upward.htmlFri, 15 Jan 2021 17:42:00 GMTAEROSPACE MATERIALS MARKET REPORT 15/01: Titanium weakens in US on scarce buyingAn overview of the aerospace materials markets and their latest price moves. http://www.metalbulletin.com/Article/3970930/AEROSPACE-MATERIALS-MARKET-REPORT-1501-Titanium-weakens-in-US-on-scarce-buying.htmlFri, 15 Jan 2021 17:26:00 GMTTURKEY FLAT STEEL: Prices fall on low offers from ChinaFlat steel prices in the Turkish domestic and export markets have decreased during the week ending Friday January 15 because of low prices from China, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3970838/TURKEY-FLAT-STEEL-Prices-fall-on-low-offers-from-China.htmlFri, 15 Jan 2021 17:10:00 GMTDAILY STEEL SCRAP: Turkish scrap import prices down $20/tonneTurkish deep-sea scrap import prices have gone down sharply on a fresh Baltic Sea cargo deal sold at the end of the week, sources said on Friday January 15.http://www.metalbulletin.com/Article/3970841/DAILY-STEEL-SCRAP-Turkish-scrap-import-prices-down-20tonne.htmlFri, 15 Jan 2021 16:49:00 GMTUS PIG IRON: Growth slows but offers continue to rise Growth in the pig iron import market in the United States slowed down in the week to Friday January 15, but suppliers are continuing to increase their offer prices. http://www.metalbulletin.com/Article/3970898/US-PIG-IRON-Growth-slows-but-offers-continue-to-rise.htmlFri, 15 Jan 2021 16:42:00 GMTIndian secondary billet prices down $18 per tonne in a weekThe Indian domestic secondary billet market price fell by 1,300 rupees ($18) per tonne over the week to January 15 following a bigger fall in prices of finished products such as rebar and a consequent drop in inquiries and cautious buying from billet users, sources said.http://www.metalbulletin.com/Article/3970837/Indian-secondary-billet-prices-down-18-per-tonne-in-a-week.htmlFri, 15 Jan 2021 16:20:00 GMTCIS STEEL BILLET: Fall in scrap market puts pressure on pricesThe export market for steel billet from the Commonwealth of Independent States (CIS) was largely quiet on the disparity between offers and bids, with prices under pressure from falling scrap costs, sources told Fastmarkets on Friday January 15. http://www.metalbulletin.com/Article/3970777/CIS-STEEL-BILLET-Fall-in-scrap-market-puts-pressure-on-prices.htmlFri, 15 Jan 2021 15:58:00 GMTPOLAND REBAR: Prices soar on supply tightness, scrap costsThe uptrend in Poland’s domestic rebar market continued in the week to Friday January 15, with prices moving sharply higher supported by limited supply and increased scrap costs, sources told Fastmarkets.http://www.metalbulletin.com/Article/3970664/POLAND-REBAR-Prices-soar-on-supply-tightness-scrap-costs.htmlFri, 15 Jan 2021 14:18:00 GMTGLOBAL LITHIUM WRAP: China carbonate price at 14-month high, hydroxide moves higherChina’s domestic battery-grade lithium carbonate prices rose by 5.6% to a 14-month high on Thursday January 14, 2021 on tightening spot supply while battery-grade lithium hydroxide also surged by 10.3% week on week on low availability of cheap materials, Fastmarkets heard.http://www.metalbulletin.com/Article/3970684/GLOBAL-LITHIUM-WRAP-China-carbonate-price-at-14-month-high-hydroxide-moves-higher.htmlFri, 15 Jan 2021 13:45:00 GMTCIS PIG IRON: Trading activity slow but suppliers remain bullishThe export market for pig iron from the Commonwealth of Independent States (CIS) was slow during the week to Thursday January 14, while suppliers remained bullish. http://www.metalbulletin.com/Article/3970670/CIS-PIG-IRON-Trading-activity-slow-but-suppliers-remain-bullish.htmlFri, 15 Jan 2021 13:14:00 GMTAnnual zinc premiums for Europe fall on wavering demand, weaker dollarAnnual zinc ingot supply contracts in Northern Europe and Italy have been negotiated for 2021 at markedly lower premiums than in previous years. http://www.metalbulletin.com/Article/3970663/Annual-zinc-premiums-for-Europe-fall-on-wavering-demand-weaker-dollar.htmlFri, 15 Jan 2021 12:24:00 GMTCOKING COAL DAILY: Premium fob price up on latest trade; buyers accept priceThe seaborne premium hard coking coal fob price jumped up on Friday January 15 following a transaction done at $124 per tonne fob Australia on Friday, sources said. http://www.metalbulletin.com/Article/3970667/COKING-COAL-DAILY-Premium-fob-price-up-on-latest-trade-buyers-accept-price.htmlFri, 15 Jan 2021 11:38:00 GMTTacora Resources eyes increase in iron ore concentrate supply on Sydvaranger acquisitionCanadian iron ore concentrate producer Tacora Resources (Tacora) will potentially increase its annual iron ore concentrate output by around 4 million tonnes per year after acquiring Norwegian producer Sydvaranger Mining (Sydvaranger) from the Tschudi Group, it said on Thursday January 14.http://www.metalbulletin.com/Article/3970651/Tacora-Resources-eyes-increase-in-iron-ore-concentrate-supply-on-Sydvaranger-acquisition.htmlFri, 15 Jan 2021 11:30:00 GMTLIVE FUTURES REPORT 15/01: Zinc, nickel down by 1.4%; Cu below $8,000/t againThe London Metal Exchange base metals failed to hold on to the excitement from US President-elect Joe Biden’s speech overnight, with zinc and nickel the hardest hit and copper once again falling below $8,000 per tonne on Friday January 15 and most of complex trading in negative territory.http://www.metalbulletin.com/Article/3970659/LIVE-FUTURES-REPORT-1501-Zinc-nickel-down-by-14-Cu-below-8000t-again.htmlFri, 15 Jan 2021 10:16:00 GMTMORNING VIEW: LME base metals prices mainly weaker as rallies tireThe base metals on the London Metal Exchange were mainly weaker this morning, Friday January 15, while those on the Shanghai Futures Exchange were mainly firmer in line with the stronger Chinese fundamentals. http://www.metalbulletin.com/Article/3970652/MORNING-VIEW-LME-base-metals-prices-mainly-weaker-as-rallies-tire.htmlFri, 15 Jan 2021 08:36:00 GMT2021 PREVIEW: Zimbabwe likeliest beneficiary of South Africa chrome ore tax - pollSouth Africa’s chrome ore export tax would boost investment in Zimbabwe’s chrome ore industry if it goes ahead, according to a majority of buy-side respondents to a Fastmarkets poll of UG2 market participants on the sector's outlook. Fastmarkets senior analyst Robert Cartman provides his take.http://www.metalbulletin.com/Article/3970127/2021-PREVIEW-Zimbabwe-likeliest-beneficiary-of-South-Africa-chrome-ore-tax-poll.htmlFri, 15 Jan 2021 08:00:00 GMTCitic Metal rolls over ferro-niobium price for Q1Citic Metal, the exclusive sales agent in China for ferro-niobium from Companhia Brasileira de Metalurgia e Mineração (CBMM), has set its quarterly price for the January-March period at 205,000-225,000 yuan ($31,669-34,758) per tonne, unchanged from the prior quarter, market sources told Fastmarkets.http://www.metalbulletin.com/Article/3970650/Citic-Metal-rolls-over-ferro-niobium-price-for-Q1.htmlFri, 15 Jan 2021 07:10:00 GMTPRICING NOTICE: Proposal to amend pricing holiday schedule for cobalt hydroxide payable assessmentFastmarkets is proposing to amend the pricing holiday schedule for its cobalt hydroxide payable indicator.http://www.metalbulletin.com/Article/3970649/PRICING-NOTICE-Proposal-to-amend-pricing-holiday-schedule-for-cobalt-hydroxide-payable-assessment.htmlFri, 15 Jan 2021 06:30:00 GMTCHINA AUTO: Output, sales rise in December but both down 2% in 2020Chinese automotive output and sales dipped by just 2% in 2020 from a year earlier after a sustained recovery in the second half of the year. Continuous year-on-year growth in December in both sales and output continued to provide support to upstream raw material prices.http://www.metalbulletin.com/Article/3970648/CHINA-AUTO-Output-sales-rise-in-December-but-both-down-2-in-2020.htmlFri, 15 Jan 2021 03:31:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 14Here are five Fastmarkets stories you might have missed on Thursday January 14 that are worth another look.http://www.metalbulletin.com/Article/3970632/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-14.htmlFri, 15 Jan 2021 00:05:00 GMTChinese buying, upstream tightness push cobalt metal prices to 10-month highs Cobalt metal prices have continued to rally so far this week, with the latest round of Chinese buying tightening supply and emboldening sellers to hold out for higher prices. http://www.metalbulletin.com/Article/3970606/Chinese-buying-upstream-tightness-push-cobalt-metal-prices-to-10-month-highs.htmlThu, 14 Jan 2021 23:41:00 GMTUS hot-rolled coil index hits all-time high of $58/cwt Hot-rolled coil prices in the United States have reached their highest level in at least 60 years, Fastmarkets has learned. http://www.metalbulletin.com/Article/3970640/US-hot-rolled-coil-index-hits-all-time-high-of-58cwt.htmlThu, 14 Jan 2021 23:11:00 GMTBANGLADESH STEEL SCRAP: Mills book raft of bulk cargoes, prices inch downMills in Bangladesh purchased three bulk cargoes in the last week, with prices easing gently, sources told Fastmarkets on Thursday January 14.http://www.metalbulletin.com/Article/3970559/BANGLADESH-STEEL-SCRAP-Mills-book-raft-of-bulk-cargoes-prices-inch-down.htmlThu, 14 Jan 2021 18:05:00 GMTEUROPE PLATE: Italian re-rollers target higher prices, German prices stableItalian re-rollers have been targeting higher prices for heavy steel plate because of rising costs for steel slab feedstock, while German mills have kept their offers largely unchanged, sources told Fastmarkets on Thursday January 14. http://www.metalbulletin.com/Article/3970601/EUROPE-PLATE-Italian-re-rollers-target-higher-prices-German-prices-stable.htmlThu, 14 Jan 2021 17:55:00 GMTLIVE FUTURES REPORT 14/01: LME nickel price rallies 3% on Biden stimulus speech expectations The London Metal Exchange three-month nickel price rallied over 3% in the second half of the day on Thursday January 14 on building expectations for President-elect Joe Biden to announce a $1.5 trillion deal stimulus package for the United States. http://www.metalbulletin.com/Article/3970604/LIVE-FUTURES-REPORT-1401-LME-nickel-price-rallies-3-on-Biden-stimulus-speech-expectations.htmlThu, 14 Jan 2021 17:49:00 GMTUK STEEL SCRAP MONTHLY: Suppliers push through big price increases on export demand British steel scrap suppliers have achieved hefty price increases for steel scrap grades delivered monthly to domestic consumers for January amid a surge in demand for exports, industry sources told Fastmarkets this week. http://www.metalbulletin.com/Article/3970557/UK-STEEL-SCRAP-MONTHLY-Suppliers-push-through-big-price-increases-on-export-demand.htmlThu, 14 Jan 2021 16:50:00 GMTCIS STEEL BILLET: Trading slow with buyers expecting price fallsSentiment in the CIS export steel billet market has been negatively affected by recent developments in import scrap prices in Turkey, with buyers being inactive and expecting prices to fall, sources told Fastmarkets on Thursday January 14. http://www.metalbulletin.com/Article/3970540/CIS-STEEL-BILLET-Trading-slow-with-buyers-expecting-price-falls.htmlThu, 14 Jan 2021 16:30:00 GMTDAILY STEEL SCRAP: Mills extend absence from deep-sea market; sentiment turns negativeTurkish steel producers continued to hold back from deep-sea scrap purchases with sentiment turning negative, sources told Fastmarkets on Thursday January 14. http://www.metalbulletin.com/Article/3970556/DAILY-STEEL-SCRAP-Mills-extend-absence-from-deep-sea-market-sentiment-turns-negative.htmlThu, 14 Jan 2021 16:18:00 GMTTURKEY STEEL BILLET: Negative sentiment in scrap market sends prices down Turkish billet prices made a downward correction on Thursday January 14 in line with negative sentiment in the scrap market and limited demand for the material. http://www.metalbulletin.com/Article/3970550/TURKEY-STEEL-BILLET-Negative-sentiment-in-scrap-market-sends-prices-down.htmlThu, 14 Jan 2021 16:13:00 GMTEGYPT STEEL BILLET, REBAR: Market remains slow; buyers expect review of construction banThe long steel market in Egypt was slow during the week ending Thursday January 14 because of soft end-user demand, with prices unchanged, market sources have told Fastmarkets. http://www.metalbulletin.com/Article/3970547/EGYPT-STEEL-BILLET-REBAR-Market-remains-slow-buyers-expect-review-of-construction-ban.htmlThu, 14 Jan 2021 16:03:00 GMTTURKEY LONG STEEL EXPORTS: Prices remain steady on limited demandTurkish rebar and wire rod export prices have remained steady over the past week, but market sentiment was generally negative with limited demand, sources said on Thursday January 14. http://www.metalbulletin.com/Article/3970541/TURKEY-LONG-STEEL-EXPORTS-Prices-remain-steady-on-limited-demand.htmlThu, 14 Jan 2021 14:32:00 GMTLME off-warrant stocks near 2mln tonnes; aluminium volumes rise 2.3% The London Metal Exchange’s latest off-warrant stock data showed an increase of 3.9% in material held outside the LME warehouse network in November 2020. http://www.metalbulletin.com/Article/3970526/LME-off-warrant-stocks-near-2mln-tonnes-aluminium-volumes-rise-23.htmlThu, 14 Jan 2021 14:13:00 GMT2021 PREVIEW: Will US, China continue to compete for pig iron? In 2020, the global pig iron market faced the threat of a demand slump due to the reduction in steel production from all major outlets under the pressure of the Covid-19 pandemic.http://www.metalbulletin.com/Article/3970416/2021-PREVIEW-Will-US-China-continue-to-compete-for-pig-iron.htmlThu, 14 Jan 2021 13:00:00 GMTIRON ORE DAILY: Price rises supported by rebound in futuresIron ore prices went up on Thursday January 14, sources told Fastmarkets, supported by a rebound in futures, with lump performing well at Chinese ports due to tight supplies. http://www.metalbulletin.com/Article/3970523/IRON-ORE-DAILY-Price-rises-supported-by-rebound-in-futures.htmlThu, 14 Jan 2021 11:58:00 GMTSupply constraints, robust demand push spot cobalt intermediates payable to 90% The cobalt intermediates spot payable has surged to 90% on the high end - a fresh historical high - this week against the backdrop of tight supply and healthy demand. http://www.metalbulletin.com/Article/3970520/Supply-constraints-robust-demand-push-spot-cobalt-intermediates-payable-to-90.htmlThu, 14 Jan 2021 11:17:00 GMTCOKING COAL DAILY: Seaborne prices edge down but are gaining strength across the board, sources sayDespite edging down on Thursday January 14, seaborne coking coal prices are now gaining strength across the board after a bumpy few days in the fob market, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970522/COKING-COAL-DAILY-Seaborne-prices-edge-down-but-are-gaining-strength-across-the-board-sources-say.htmlThu, 14 Jan 2021 11:03:00 GMTRio Tinto U-turns on Tiwai Point aluminium smelter closure by extending ops to 2024 Rio Tinto’s New Zealand Aluminium Smelter (NZAS) in Tiwai Point will continue to operate until December 31, 2024 after reaching an electricity agreement with Meridian Energy, the producer said on Wednesday January 13. http://www.metalbulletin.com/Article/3970518/Rio-Tinto-U-turns-on-Tiwai-Point-aluminium-smelter-closure-by-extending-ops-to-2024.htmlThu, 14 Jan 2021 10:49:00 GMTChina jumps into steel billet export market amid muted local marketChinese steel mills and traders have been actively offering steel billet to Southeast Asia over the last week amid a drop in domestic demand, market sources told Fastmarkets.http://www.metalbulletin.com/Article/3970509/China-jumps-into-steel-billet-export-market-amid-muted-local-market.htmlThu, 14 Jan 2021 10:40:00 GMTLIVE FUTURES REPORT 14/01: LME zinc falls 1.7%; nickel is sole metal to gainZinc registered the biggest fall and nickel was the only metal to post gains in the morning session at the London Metal Exchange on Thursday January 14. http://www.metalbulletin.com/Article/3970515/LIVE-FUTURES-REPORT-1401-LME-zinc-falls-17-nickel-is-sole-metal-to-gain.htmlThu, 14 Jan 2021 09:56:00 GMTCHINA HRC: Mills cut export offers to secure deals Several Chinese hot-rolled coil producers cut export offers to boost trading on Thursday January 14, after several days of price falls in the domestic market. http://www.metalbulletin.com/Article/3970514/CHINA-HRC-Mills-cut-export-offers-to-secure-deals.htmlThu, 14 Jan 2021 09:50:00 GMTMORNING VIEW: Base metals prices looking tired again but potential $2tln relief package might change thatThe base metals on the London Metal Exchange and on the Shanghai Futures Exchange were mixed this morning, Thursday January 14, with prices generally holding up in high ground but some weakness is showing up on the charts in the likes of zinc. http://www.metalbulletin.com/Article/3970508/MORNING-VIEW-Base-metals-prices-looking-tired-again-but-potential-2tln-relief-package-might-change.htmlThu, 14 Jan 2021 08:15:00 GMTChina's iron ore imports up 9.5% in 2020China’s iron ore imports increased by 9.5% in 2020 in comparison with 2019, Chinese customs data shows.http://www.metalbulletin.com/Article/3970505/Chinas-iron-ore-imports-up-95-in-2020.htmlThu, 14 Jan 2021 04:43:00 GMTIN FIGURES: China’s steel imports rise 64% in 2020China’s steel imports increased sharply in 2020 but exports declined from 2019 levels, according to Chinese customs data released on Thursday January 14.http://www.metalbulletin.com/Article/3970506/IN-FIGURES-Chinas-steel-imports-rise-64-in-2020.htmlThu, 14 Jan 2021 04:31:00 GMTHOTTER ON METALS: Funds seek alpha in commoditiesIn an era of historically low interest rates, investors are desperately looking for value. http://www.metalbulletin.com/Article/3970492/HOTTER-ON-METALS-Funds-seek-alpha-in-commodities.htmlThu, 14 Jan 2021 02:25:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 13Here are five Fastmarkets stories you might have missed on Wednesday January 13 that are worth another look.http://www.metalbulletin.com/Article/3970501/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-13.htmlThu, 14 Jan 2021 00:05:00 GMTBASE METALS WARRANT REPORT 13/01A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday January 13.http://www.metalbulletin.com/Article/3970455/BASE-METALS-WARRANT-REPORT-1301.htmlWed, 13 Jan 2021 20:47:00 GMTGLOBAL TIN WRAP: US tin shortages see premiums continue to rise; Europe trade quietTin premiums in the United States continued their pronounced rise in the week to Tuesday January 12, with shortages of material in the region driving continued panic-buying, while the metal’s soaring price and tight spreads on the London Metal Exchange limited the spot-market opportunities in Europe. http://www.metalbulletin.com/Article/3970460/GLOBAL-TIN-WRAP-US-tin-shortages-see-premiums-continue-to-rise-Europe-trade-quiet.htmlWed, 13 Jan 2021 19:42:00 GMTGLOBAL COPPER WRAP: Southeast Asia premiums remain market high point, EQ levels shiftCopper premiums have remained high in Asia but the physical markets in Europe and the United States were sluggish in light of futures prices breaking fresh highs late last week. http://www.metalbulletin.com/Article/3970366/GLOBAL-COPPER-WRAP-Southeast-Asia-premiums-remain-market-high-point-EQ-levels-shift.htmlWed, 13 Jan 2021 18:47:00 GMTCONSUMER ELECTRONICS MARKET REPORT 13/01: Tight spot supply, logistics constraints buoy cobalt hydroxideAn overview of the consumer electronics markets and their latest price moves.http://www.metalbulletin.com/Article/3970453/CONSUMER-ELECTRONICS-MARKET-REPORT-1301-Tight-spot-supply-logistics-constraints-buoy-cobalt-hydroxide.htmlWed, 13 Jan 2021 18:30:00 GMTEUROPE HRC: Domestic prices rise again but mills push for moreDomestic prices for hot-rolled coil have increased across Europe in the week to Wednesday January 13, with steelmakers targeting further price rises, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970458/EUROPE-HRC-Domestic-prices-rise-again-but-mills-push-for-more.htmlWed, 13 Jan 2021 18:23:00 GMTEUROPE SECTIONS: Prices keep moving upward on feedstock limitationsPrices for steel hollow sections in Europe have moved upward on continued pressure from the price and availability of feedstock materials, sources told Fastmarkets on Wednesday January 13. http://www.metalbulletin.com/Article/3970454/EUROPE-SECTIONS-Prices-keep-moving-upward-on-feedstock-limitations.htmlWed, 13 Jan 2021 17:50:00 GMTLIVE FUTURES REPORT 13/01: LME lead price gains 1.5%; copper closes above $8,000/t The three-month lead price made the biggest gains among the London Metal Exchange base metals complex on January 13, while the copper price closed above $8,000 per tonne, aided by a stable dollar index and the prospect of a new, trillion-dollar stimulus package in the United States. http://www.metalbulletin.com/Article/3970456/LIVE-FUTURES-REPORT-1301-LME-lead-price-gains-15-copper-closes-above-8000t.htmlWed, 13 Jan 2021 17:46:00 GMTIran steel billet, slab export prices stable, new deals made for billetIran’s export prices for steel slab and billet remained stable over the week to Wednesday January 13, with about 30,000 tonnes of billet sold during the review period, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970411/Iran-steel-billet-slab-export-prices-stable-new-deals-made-for-billet.htmlWed, 13 Jan 2021 17:22:00 GMTSouth African manganese ore shipments exceed 19 mln tonnes in Jan-Nov 2020 South Africa’s bulk exports of manganese ore soared to more than 19 million tonnes in the first 11 months of 2020, according to early estimates seen by Fastmarkets. http://www.metalbulletin.com/Article/3970447/South-African-manganese-ore-shipments-exceed-19-mln-tonnes-in-Jan-Nov-2020.htmlWed, 13 Jan 2021 17:19:00 GMTTITANIUM SNAPSHOT: European alloy prices rise amid firm Asian interestKey data from Fastmarkets’ pricing session in Europe on Wednesday January 13.http://www.metalbulletin.com/Article/3970409/TITANIUM-SNAPSHOT-European-alloy-prices-rise-amid-firm-Asian-interest.htmlWed, 13 Jan 2021 16:59:00 GMTEUROPE BEAMS: Prices jump as producers return to marketThe price of steel H-beams in Europe has jumped this week, with producers returning to the market after pausing their offers ahead of the Christmas holiday break due to volatile market conditions, sources told Fastmarkets on Wednesday January 13. http://www.metalbulletin.com/Article/3970410/EUROPE-BEAMS-Prices-jump-as-producers-return-to-market.htmlWed, 13 Jan 2021 16:55:00 GMTChina domestic ferro-chrome price surge boosts charge chrome, UG2 markets Prices of both Chinese imported charge chrome and UG2 chrome ore continued to rise in the week to Tuesday January 12, supported by a surging domestic spot ferro-chrome market. http://www.metalbulletin.com/Article/3970376/China-domestic-ferro-chrome-price-surge-boosts-charge-chrome-UG2-markets.htmlWed, 13 Jan 2021 16:27:00 GMTDAILY STEEL SCRAP: Sentiment turns negative in quiet marketThe Turkish deep-sea markets remained largely silent on the third working day of the week, but with sentiment beginning to turn negative, sources said on Wednesday January 13. http://www.metalbulletin.com/Article/3970412/DAILY-STEEL-SCRAP-Sentiment-turns-negative-in-quiet-market.htmlWed, 13 Jan 2021 16:25:00 GMTNORTHERN EUROPE WIRE ROD: Prices jump on shortage, bullish scrapDomestic prices for steel mesh-quality wire rod in the north of Europe unexpectedly surged in the week to Wednesday January 13, amid sharp increases in feedstock costs and persistent supply tightness, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970352/NORTHERN-EUROPE-WIRE-ROD-Prices-jump-on-shortage-bullish-scrap.htmlWed, 13 Jan 2021 16:25:00 GMTTURKEY STEEL PIPE EXPORTS: Prices up again on rising material costs, firm demandTurkish steel pipe export prices have continued to increase on rising raw material costs, sources said on Wednesday January 13. http://www.metalbulletin.com/Article/3970408/TURKEY-STEEL-PIPE-EXPORTS-Prices-up-again-on-rising-material-costs-firm-demand.htmlWed, 13 Jan 2021 16:07:00 GMTEUROPE REBAR: Prices rally to new highs, sentiment remains upbeatDomestic prices for steel rebar across Europe have increased sharply since the new year holidays, pushed by surging scrap costs and shortages, but buyers were in no hurry to accept increases, instead waiting for a clearer market picture to emerge, sources told Fastmarkets on Wednesday January 13. http://www.metalbulletin.com/Article/3970351/EUROPE-REBAR-Prices-rally-to-new-highs-sentiment-remains-upbeat.htmlWed, 13 Jan 2021 15:35:00 GMTFalling China aluminium scrap market drags down Asia ADC 12 pricesAluminium alloy ADC 12 prices in China and Japan continued to trend down in the week to Wednesday January 13 on reduced production costs after the price of aluminium scrap - used as a raw material - weakened. http://www.metalbulletin.com/Article/3970330/Falling-China-aluminium-scrap-market-drags-down-Asia-ADC-12-prices.htmlWed, 13 Jan 2021 15:32:00 GMTSoutheast Asia steel billet offers flood market, prices inch downPrices for cargoes of steel billet to Southeast Asia moved down slightly in the last day amid a sharp increase in material offered to the market, sources told Fastmarkets on Wednesday January 13.http://www.metalbulletin.com/Article/3970354/Southeast-Asia-steel-billet-offers-flood-market-prices-inch-down.htmlWed, 13 Jan 2021 13:45:00 GMTGLOBAL NICKEL WRAP: Premiums in US, China turn bullishNickel premiums in the United States and China rose in the week to Tuesday January 12 on stronger demand for metal in both regions, while premiums in Europe were unchanged.http://www.metalbulletin.com/Article/3970350/GLOBAL-NICKEL-WRAP-Premiums-in-US-China-turn-bullish.htmlWed, 13 Jan 2021 13:29:00 GMTEmirates Steel, Conares Steel raise rebar prices United Arab Emirates producers Emirates Steel and Conares Steel have increased their rebar prices for February production with effect from Wednesday January 13. http://www.metalbulletin.com/Article/3970355/Emirates-Steel-Conares-Steel-raise-rebar-prices.htmlWed, 13 Jan 2021 13:20:00 GMTGLOBAL ZINC & LEAD WRAP: Premiums down in Europe in looser market; US, Shanghai hold Zinc and lead premiums were mostly unchanged across the globe in the week to Tuesday January 12 despite demand remaining strong in the United States and an open zinc arbitrage in Shanghai, while European premiums were under pressure amid more balanced supply and demand fundamentals. http://www.metalbulletin.com/Article/3970286/GLOBAL-ZINC-and-LEAD-WRAP-Premiums-down-in-Europe-in-looser-market-US-Shanghai-hold.htmlWed, 13 Jan 2021 13:00:00 GMTCOKING COAL DAILY: Seaborne fob prices jump on new transaction Seaborne coking coal prices in the fob market were higher across the board on Wednesday January 13 following a transaction sealed at a higher price. http://www.metalbulletin.com/Article/3970333/COKING-COAL-DAILY-Seaborne-fob-prices-jump-on-new-transaction.htmlWed, 13 Jan 2021 11:45:00 GMTIRON ORE DAILY: Firm demand supports lump premium The seaborne iron ore lump premium rose on Wednesday January 13, supported by firm demand and limited supply, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970326/IRON-ORE-DAILY-Firm-demand-supports-lump-premium.htmlWed, 13 Jan 2021 11:15:00 GMTLIVE FUTURES REPORT 13/01: LME lead, nickel prices edge up; rest of complex trades sideways Lead and nickel’s forward prices had the biggest increases among the London Metals Exchange complex on Wednesday January 13, with the rest of the metals trading sideways amid supportive sentiment from the prospect of a new stimulus package in the United States. http://www.metalbulletin.com/Article/3970323/LIVE-FUTURES-REPORT-1301-LME-lead-nickel-prices-edge-up-rest-of-complex-trades-sideways.htmlWed, 13 Jan 2021 10:04:00 GMTCHINA HRC: Prices drop further on low demandChina’s hot-rolled coil prices continued to fall on Wednesday January 13 amid low demand. http://www.metalbulletin.com/Article/3970322/CHINA-HRC-Prices-drop-further-on-low-demand.htmlWed, 13 Jan 2021 09:57:00 GMTCHINA REBAR: Construction sites unaffected by Covid-19 so far China’s construction sites are still operating normally despite a rise in the number of Covid-19 cases but the seasonal demand drop continued to push down domestic rebar prices on Wednesday January 13. http://www.metalbulletin.com/Article/3970321/CHINA-REBAR-Construction-sites-unaffected-by-Covid-19-so-far.htmlWed, 13 Jan 2021 09:48:00 GMTMORNING VIEW: Base metals prices consolidating below highs, above recent dips; all eyes on nickelAfter strong gains on the London Metal Exchange on Tuesday January 12, when prices closed up with gains averaging 1.8%, prices were for the most part little changed this morning, with nickel the main mover.http://www.metalbulletin.com/Article/3970315/MORNING-VIEW-Base-metals-prices-consolidating-below-highs-above-recent-dips-all-eyes-on-nickel.htmlWed, 13 Jan 2021 08:53:00 GMT2021 PREVIEW: Turbulence in zinc concentrate market set to continueThe global zinc concentrates market is volatile and unpredictable at the best of times, but a global pandemic ramped up the turbulence by several notches in 2020.http://www.metalbulletin.com/Article/3970175/2021-PREVIEW-Turbulence-in-zinc-concentrate-market-set-to-continue.htmlWed, 13 Jan 2021 08:00:00 GMTChina’s Ulanqab to shut down small furnaces, sending FeCr prices to 20-month highThe city of Ulanqab, a major ferro-alloy production hub in China’s autonomous region of Inner Mongolia, has ordered smelters to shut down their small furnaces. And the expectation of lower supply in the short term immediately boosted sentiment in the spot market, sending Chinese ferro-chrome prices to a 20-month high. http://www.metalbulletin.com/Article/3970309/Chinas-Ulanqab-to-shut-down-small-furnaces-sending-FeCr-prices-to-20-month-high.htmlWed, 13 Jan 2021 04:32:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 12Here are five Fastmarkets stories you might have missed on Tuesday January 12 that are worth another look.http://www.metalbulletin.com/Article/3970301/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-12.htmlWed, 13 Jan 2021 00:05:00 GMTGLOBAL ALUMINIUM WRAP: Premiums mostly flat; Brazilian import premium dipsAluminium premiums across the globe were mostly flat in the week ending Tuesday January 12, with market participants continuing to keep a close watch on the volatile London Metal Exchange spreads. http://www.metalbulletin.com/Article/3970271/GLOBAL-ALUMINIUM-WRAP-Premiums-mostly-flat-Brazilian-import-premium-dips.htmlTue, 12 Jan 2021 21:26:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 12/01A summary of base metals premiums from across the globe for the week to Tuesday January 12.http://www.metalbulletin.com/Article/3970274/WEEKLY-BASE-METAL-PREMIUMS-REPORT-1201.htmlTue, 12 Jan 2021 21:24:00 GMTMexican steel scrap prices stable or rising as optimism persistsMexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country’s central Bajío region, while most prices were stable in the northern Monterrey region. http://www.metalbulletin.com/Article/3970284/Mexican-steel-scrap-prices-stable-or-rising-as-optimism-persists.htmlTue, 12 Jan 2021 20:55:00 GMTEUROPE HRC: Domestic prices stable in north after earlier riseDomestic prices for hot-rolled coil in Northern Europe were stable day on day on Tuesday January 12 following an increase a day earlier, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3970272/EUROPE-HRC-Domestic-prices-stable-in-north-after-earlier-rise.htmlTue, 12 Jan 2021 17:44:00 GMTLIVE FUTURES REPORT 12/01: LME nickel price leads gains with 3% jump after Monday plunges The three-month nickel contract was the biggest gainer on Tuesday January 12 with a 3% rise in a broad-based reversal of fortunes for base metals on the London Metals Exchange, due to expectations of further Covid-19 stimulus in the United States. http://www.metalbulletin.com/Article/3970273/LIVE-FUTURES-REPORT-1201-LME-nickel-price-leads-gains-with-3-jump-after-Monday-plunges.htmlTue, 12 Jan 2021 17:42:00 GMTGLOBAL CHROME SNAPSHOT: China alloy prices surge amid tight supply; supports oreA correction has been issued for this article.http://www.metalbulletin.com/Article/3970269/GLOBAL-CHROME-SNAPSHOT-China-alloy-prices-surge-amid-tight-supply-supports-ore.htmlTue, 12 Jan 2021 17:25:00 GMTGULF FLAT STEEL IMPORTS: Sellers keep raising offer prices, buyers seek discountsFlat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia went up over the past week with higher offers and bids, market sources said on Tuesday January 12. http://www.metalbulletin.com/Article/3970237/GULF-FLAT-STEEL-IMPORTS-Sellers-keep-raising-offer-prices-buyers-seek-discounts.htmlTue, 12 Jan 2021 16:48:00 GMTDAILY STEEL SCRAP: Turkish steelmakers retreat from deep-sea markets Turkish steelmakers stepped back from the deep-sea scrap import market on Tuesday January 12, focusing instead on finished steel and billet sales, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970235/DAILY-STEEL-SCRAP-Turkish-steelmakers-retreat-from-deep-sea-markets.htmlTue, 12 Jan 2021 16:16:00 GMTGULF STEEL BILLET, REBAR: Price increases continue, Hamriyah Steel announces new rebar price Steel rebar and billet prices in the United Arab Emirates rose again in the week to Tuesday January 12 because of higher offers and market indications, but most rebar producers are yet to announce new prices for February production, sources said. http://www.metalbulletin.com/Article/3970236/GULF-STEEL-BILLET-REBAR-Price-increases-continue-Hamriyah-Steel-announces-new-rebar-price.htmlTue, 12 Jan 2021 16:02:00 GMTAssmang declares force majeure on ferro-manganese production in South AfricaMining and metals producer Assmang has declared force majeure on its medium-carbon ferro-manganese production in South Africa, a source told Fastmarkets this week.http://www.metalbulletin.com/Article/3970180/Assmang-declares-force-majeure-on-ferro-manganese-production-in-South-Africa.htmlTue, 12 Jan 2021 12:03:00 GMTCHINA HRC: Downstream demand weakens amid rising Covid-19 infections, adverse weather China’s hot-rolled coil markets dropped for a second consecutive day on Tuesday January 12 on inactive trading conditions. http://www.metalbulletin.com/Article/3970174/CHINA-HRC-Downstream-demand-weakens-amid-rising-Covid-19-infections-adverse-weather.htmlTue, 12 Jan 2021 11:19:00 GMTIRON ORE DAILY: Prices stable amid increase in replenishment activity Iron ore prices remained mostly stable on Tuesday January 12, supported by mills replenishing their stocks ahead of the Chinese New Year holiday in mid-February, sources told Fastmarkets. http://www.metalbulletin.com/Article/3970181/IRON-ORE-DAILY-Prices-stable-amid-increase-in-replenishment-activity.htmlTue, 12 Jan 2021 11:16:00 GMTCOKING COAL DAILY: Seaborne prices flat; China coke supply tightSeaborne coking coal prices across the board remained relatively flat on Tuesday January 12 due to a lack of transactions while some steel mills in China accepted the proposed coke price increase, sources said.http://www.metalbulletin.com/Article/3970179/COKING-COAL-DAILY-Seaborne-prices-flat-China-coke-supply-tight.htmlTue, 12 Jan 2021 11:05:00 GMTNEWSBREAK: Philippine president orders halt of mining operations on Tumbagaan IslandPhilippine President Rodrigo Duterte has directed the closure of mining operations on Tumbagaan Island in Languyan, in the province of Tawi-Tawi, to rehabilitate the area, the Philippine News Agency reported on Tuesday January 12.http://www.metalbulletin.com/Article/3970176/NEWSBREAK-Philippine-president-orders-halt-of-mining-operations-on-Tumbagaan-Island.htmlTue, 12 Jan 2021 10:44:00 GMTLIVE FUTURES REPORT 12/01: Nickel rebounds 3%; LME complex up on dip-buyingThe London Metal Exchange three-month nickel price increased by over 3% during morning trading on Tuesday January 12, with the rest of the base metals' prices also rising in an episode of dip-buying following the price decline across the complex on Monday. http://www.metalbulletin.com/Article/3970173/LIVE-FUTURES-REPORT-1201-Nickel-rebounds-3-LME-complex-up-on-dip-buying.htmlTue, 12 Jan 2021 10:42:00 GMTMORNING VIEW: Pullback in LME base metals runs into dip-buyingAfter further weakness in the base metals on Monday January 11, that saw the complex close down by an average of 1.5%, prices were up across the board on the London Metal Exchange this morning but those on the Shanghai Futures Exchange base metals prices were down across the board while they followed yesterday’s performance on the LME. http://www.metalbulletin.com/Article/3970164/MORNING-VIEW-Pullback-in-LME-base-metals-runs-into-dip-buying.htmlTue, 12 Jan 2021 08:36:00 GMTNEWSBREAK: CNMC, Jiangxi Copper agree 2021 blister copper contractual RC at $145/t China Nonferrous Metal Mining Co (CNMC), the parent company of Zambia-based blister copper producer Chambishi Copper Smelter (CCS), has agreed to supply the intermediate copper product to China’s Jiangxi Copper at $145 per tonne cif China for 2021, Fastmarkets learned on Tuesday January 12.http://www.metalbulletin.com/Article/3970163/NEWSBREAK-CNMC-Jiangxi-Copper-agree-2021-blister-copper-contractual-RC-at-145t.htmlTue, 12 Jan 2021 04:08:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 11Here are five Fastmarkets stories you might have missed on Monday January 11 that are worth another look.http://www.metalbulletin.com/Article/3970161/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-11.htmlTue, 12 Jan 2021 00:05:00 GMTUS Midwest ferrous scrap market settles up $90-100/t in JanuaryThe US ferrous scrap market has mostly settled for January, with market participants hinting that while tight No1 busheling may see continued upside in February, shredded scrap has become plentiful and has likely peaked.http://www.metalbulletin.com/Article/3970146/US-Midwest-ferrous-scrap-market-settles-up-90-100t-in-January.htmlMon, 11 Jan 2021 22:23:00 GMTEUROPE HRC WRAP: ArcelorMittal pushes offers up, sentiment bullishPrices for domestic steel hot-rolled coil increased slightly in Northern Europe in the week to Friday January 8, with ArcelorMittal pushing its offer prices further upward. http://www.metalbulletin.com/Article/3970114/EUROPE-HRC-WRAP-ArcelorMittal-pushes-offers-up-sentiment-bullish.htmlMon, 11 Jan 2021 17:02:00 GMTBrazilian flat steel producers add 15% to prices for distributorsBrazilian flat steel producers have applied price increases of around 15% on sales to distributors, motivated by high raw materials costs and sustained higher steel prices globally. http://www.metalbulletin.com/Article/3970059/Brazilian-flat-steel-producers-add-15-to-prices-for-distributors.htmlMon, 11 Jan 2021 16:13:00 GMTGlencore to conclude sale of Mopani stake to Zambian govt this week - state mediaGlencore has concluded discussions with the Zambian government about the sale of a majority stake in the Mopani copper mine, state media reported on Friday January 8.http://www.metalbulletin.com/Article/3969975/Glencore-to-conclude-sale-of-Mopani-stake-to-Zambian-govt-this-week-state-media.htmlMon, 11 Jan 2021 15:51:00 GMTBrazil's rebar prices reach new high after 7th consecutive monthly increaseBrazilian domestic rebar prices reached a new record high once again in early January, after steelmakers increased their offers by 12-12.5%, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3970058/Brazils-rebar-prices-reach-new-high-after-7th-consecutive-monthly-increase.htmlMon, 11 Jan 2021 15:47:00 GMTTURKEY DOMESTIC STEEL SCRAP: Auto bundle prices inch down with stronger liraTurkish auto bundle scrap prices have gone down slightly over the past week in line with the strengthening of the country’s lira against the US dollar, market sources said on Monday January 11. http://www.metalbulletin.com/Article/3970030/TURKEY-DOMESTIC-STEEL-SCRAP-Auto-bundle-prices-inch-down-with-stronger-lira.htmlMon, 11 Jan 2021 15:23:00 GMTRUSSIA FLAT STEEL: Prices set to move higher after holidaysThe domestic flat steel market in Russia’s Central Federal District around Moscow was quiet after the break for New Year holidays, but with sentiment remaining upbeat supported by bullish exports, sources told Fastmarkets on Monday January 11. http://www.metalbulletin.com/Article/3970007/RUSSIA-FLAT-STEEL-Prices-set-to-move-higher-after-holidays.htmlMon, 11 Jan 2021 15:05:00 GMTSeaborne manganese ore prices surge following alloy market The seaborne prices of both low- and high-grade manganese ore rose sharply in the week ended Friday January 8 after miners successfully raised their offer prices for February shipments with strong buying appetite from the alloy sector. http://www.metalbulletin.com/Article/3970014/Seaborne-manganese-ore-prices-surge-following-alloy-market.htmlMon, 11 Jan 2021 14:39:00 GMTEuropean manganese flake price jumps to 3-year high on tight supply, freight costsSoaring freight rates and tightening availability for prompt material pushed European manganese flake prices to a three-year high in the week ended Friday January 8, with more increases expected this week, market sources have told Fastmarkets. http://www.metalbulletin.com/Article/3970003/European-manganese-flake-price-jumps-to-3-year-high-on-tight-supply-freight-costs.htmlMon, 11 Jan 2021 14:04:00 GMTQueues at Istim warehouses in Port Klang fall to 20 daysWaiting times for aluminium at Istim warehouses in Port Klang, Malaysia, fell to just 20 days at the end of December, according to the London Metal Exchange’s latest queue report. http://www.metalbulletin.com/Article/3970004/Queues-at-Istim-warehouses-in-Port-Klang-fall-to-20-days.htmlMon, 11 Jan 2021 13:30:00 GMTTotal LME ADV fell 22% in December; aluminium volume down 24% The London Metal Exchange’s average daily volume (ADV) of trades declined across all base metals in December 2020 despite price rallies, according to latest LME data. http://www.metalbulletin.com/Article/3970001/Total-LME-ADV-fell-22-in-December-aluminium-volume-down-24.htmlMon, 11 Jan 2021 13:08:00 GMTTUNGSTEN SNAPSHOT: APT rising on tight prompt availability, higher Chinese offersKey data from the Friday January 8 pricing session in London.http://www.metalbulletin.com/Article/3969990/TUNGSTEN-SNAPSHOT-APT-rising-on-tight-prompt-availability-higher-Chinese-offers.htmlMon, 11 Jan 2021 13:06:00 GMTCOKING COAL DAILY: 13th coke price increase on its way in ChinaThe seaborne hard coking coal cfr price rose by $1 per tonne to $196.03 per tonne cfr China on Monday January 11 while coke producers in parts of China proposed a 13th round of domestic price increases of around 100 yuan ($15) per tonne - effective from 12am China time on January 13, Fastmarkets understands.http://www.metalbulletin.com/Article/3970000/COKING-COAL-DAILY-13th-coke-price-increase-on-its-way-in-China.htmlMon, 11 Jan 2021 12:20:00 GMTChinese nickel sulfate market makes strong start to 2021The Chinese nickel sulfate market marked a strong start to 2021, with the price climbing above its previous 2020 high amid good demand and limited supply, sources told Fastmarkets. http://www.metalbulletin.com/Article/3969985/Chinese-nickel-sulfate-market-makes-strong-start-to-2021.htmlMon, 11 Jan 2021 12:04:00 GMTIRON ORE DAILY: High-grade fines perform despite futures dipIron ore prices mostly declined on Monday January 11 along with futures, however, high-grade fines performed well due to tight supply, sources told Fastmarkets. http://www.metalbulletin.com/Article/3969998/IRON-ORE-DAILY-High-grade-fines-perform-despite-futures-dip.htmlMon, 11 Jan 2021 11:35:00 GMTMORNING VIEW: Base metals prices slip as rally runs into resistance, dollar firmsBase metals prices were for the most part weaker during morning trading on Monday January 11, while the dollar was firmer in line with strong US treasury yields. http://www.metalbulletin.com/Article/3969987/MORNING-VIEW-Base-metals-prices-slip-as-rally-runs-into-resistance-dollar-firms.htmlMon, 11 Jan 2021 10:06:00 GMTFOCUS: Restart of China scrap imports bad news for rival Asian buyersChina’s regulatory reboot to again become a major steel scrap importer is likely to cause supply problems for other consumers of Japanese material, market participants have told Fastmarkets.http://www.metalbulletin.com/Article/3969973/FOCUS-Restart-of-China-scrap-imports-bad-news-for-rival-Asian-buyers.htmlMon, 11 Jan 2021 09:22:00 GMTTurkey launches anti-dumping investigation into HRC from EU, South KoreaTurkey’s Ministry of Trade announced on Saturday January 9 the initiation of an anti-dumping investigation into imports of hot-rolled flat steel from the European Union and South Korea.http://www.metalbulletin.com/Article/3969969/Turkey-launches-anti-dumping-investigation-into-HRC-from-EU-South-Korea.htmlMon, 11 Jan 2021 02:31:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 8Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.http://www.metalbulletin.com/Article/3969940/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-8.htmlMon, 11 Jan 2021 00:05:00 GMTSouth American flat steel import prices drop as China market softensMost flat-rolled steel import prices declined in South America during the week ended Friday January 8, reversing a two-month uptrend after remaining unchanged during the year-end holidays.http://www.metalbulletin.com/Article/3969929/South-American-flat-steel-import-prices-drop-as-China-market-softens.htmlFri, 08 Jan 2021 22:22:00 GMTBrazilian slab export prices jump $80-95 per tonne on renewed buyingBrazilian steel slab export prices soared in the week ended Friday January 8, with buyers showing increased interest in securing orders, and sellers trying to achieve new price levels. http://www.metalbulletin.com/Article/3969893/Brazilian-slab-export-prices-jump-80-95-per-tonne-on-renewed-buying.htmlFri, 08 Jan 2021 20:37:00 GMTALUMINIUM FOUNDRY WRAP: Premiums climb in US, GermanyAluminium primary foundry alloy (PFA) premiums in the United States and Germany climbed on Friday January 8 as demand outpaced limited supply in those countries. http://www.metalbulletin.com/Article/3969890/ALUMINIUM-FOUNDRY-WRAP-Premiums-climb-in-US-Germany.htmlFri, 08 Jan 2021 20:22:00 GMTCIS PIG IRON: Price sentiment upbeat despite seasonally slow marketThe uptrend in the pig iron export sector in the Commonwealth of Independent States (CIS) continued in the week to Friday January 8, despite a seasonally slow market, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3969891/CIS-PIG-IRON-Price-sentiment-upbeat-despite-seasonally-slow-market.htmlFri, 08 Jan 2021 19:15:00 GMTNEW ENERGY MATERIALS MARKET REPORT 08/01: Strong rally in cobalt metal on Chinese, inter-trade buyingAn overview of the new energy raw materials markets and their latest price moves in the past week. http://www.metalbulletin.com/Article/3969865/NEW-ENERGY-MATERIALS-MARKET-REPORT-0801-Strong-rally-in-cobalt-metal-on-Chinese-inter-trade-buying.htmlFri, 08 Jan 2021 19:00:00 GMTAEROSPACE MATERIALS MARKET REPORT 08/01: Vanadium, cobalt get support from renewed buying appetiteAn overview of the aerospace materials markets and their latest price moves. http://www.metalbulletin.com/Article/3969870/AEROSPACE-MATERIALS-MARKET-REPORT-0801-Vanadium-cobalt-get-support-from-renewed-buying-appetite.htmlFri, 08 Jan 2021 18:50:00 GMTLIVE FUTURES REPORT 08/01: Zinc, nickel fall more than 2%; base metals consolidateThree-month zinc and nickel both fell by more than 2% on Friday January 8, with the LME base metals ending the week with pullbacks from the highs reached in the first days of 2021 after a US Dollar Index rebound. http://www.metalbulletin.com/Article/3969881/LIVE-FUTURES-REPORT-0801-Zinc-nickel-fall-more-than-2-base-metals-consolidate.htmlFri, 08 Jan 2021 18:37:00 GMTSTEEL SCRAP WRAP: Prices surging in major markets, supply still tightTurkish steel mills continued to refresh their scrap stocks in the week to Friday January 8, with fresh deep-sea cargoes booked at higher prices, while concerns increased over tight supply in Asia, with China entering the market. http://www.metalbulletin.com/Article/3969863/STEEL-SCRAP-WRAP-Prices-surging-in-major-markets-supply-still-tight.htmlFri, 08 Jan 2021 18:15:00 GMTEUROPE ALLOY STEEL SURCHARGES: January values climb on further nickel gains Monthly European alloy steel surcharges have increased substantially for January on the back of further gains in the nickel market, sources told Fastmarkets on Friday January 8. http://www.metalbulletin.com/Article/3969867/EUROPE-ALLOY-STEEL-SURCHARGES-January-values-climb-on-further-nickel-gains.htmlFri, 08 Jan 2021 17:43:00 GMTGLOBAL MANGANESE SNAPSHOT: Alloy strength sends cif China ore price soaring Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 8. http://www.metalbulletin.com/Article/3969864/GLOBAL-MANGANESE-SNAPSHOT-Alloy-strength-sends-cif-China-ore-price-soaring.htmlFri, 08 Jan 2021 17:27:00 GMTArcelorMittal increases flat steel offers by $37-61/t across Europe: sourcesArcelorMittal has increased its official spot offer prices for coil products across Europe by €30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on Friday January 8.http://www.metalbulletin.com/Article/3969868/ArcelorMittal-increases-flat-steel-offers-by-37-61t-across-Europe-sources.htmlFri, 08 Jan 2021 17:16:00 GMTUK STEEL SCRAP WEEKLY: 5C market hits multi-year high on demand surge The British light iron market this week hit a high last seen in April 2013 due to strong export demand in Turkey for European exports, prompting a surge in UK demand for tightening domestic supplies, trade sources told Fastmarkets. http://www.metalbulletin.com/Article/3969806/UK-STEEL-SCRAP-WEEKLY-5C-market-hits-multi-year-high-on-demand-surge.htmlFri, 08 Jan 2021 16:53:00 GMTSOUTH ASIA STEEL SCRAP: Prices move up despite dull marketThe prices of steel scrap imported into India and Pakistan moved up in the week to Friday January 8 despite a dull and uncertain market, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3969862/SOUTH-ASIA-STEEL-SCRAP-Prices-move-up-despite-dull-market.htmlFri, 08 Jan 2021 16:50:00 GMTSPECIALTY STEEL RAW MATERIALS MARKET REPORT 08/01: Manganese flake price jumps more than 6% on tight availability, delays from ChinaAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/3969801/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-0801-Manganese-flake-price-jumps-more-than-6-on-tight.htmlFri, 08 Jan 2021 16:35:00 GMTDAILY STEEL SCRAP: Mills book more cargoes to replenish stocksTurkish steelmakers continued to book deep-sea scrap cargoes at the end of this week to refresh their stock levels for February and March, sources said on Friday January 8. http://www.metalbulletin.com/Article/3969803/DAILY-STEEL-SCRAP-Mills-book-more-cargoes-to-replenish-stocks.htmlFri, 08 Jan 2021 16:18:00 GMTPOLAND REBAR: Prices inch upward, more rises likely next weekDomestic rebar prices in Poland have gone up after the new year holidays with further sharp rises expected to follow next week, prompted by shortages and increases in raw materials costs, sources told Fastmarkets on Friday January 8. http://www.metalbulletin.com/Article/3969762/POLAND-REBAR-Prices-inch-upward-more-rises-likely-next-week.htmlFri, 08 Jan 2021 14:34:00 GMTGLOBAL LITHIUM WRAP: Domestic China carbonate price surges 8% on strong buyingChina’s domestic battery-grade lithium carbonate market hit a 14-month high in the first trading week of the year after the price rose by 8% week on week on Thursday January 7 on soaring offer prices and heightened buying appetite.http://www.metalbulletin.com/Article/3969770/GLOBAL-LITHIUM-WRAP-Domestic-China-carbonate-price-surges-8-on-strong-buying.htmlFri, 08 Jan 2021 12:58:00 GMTIRON ORE DAILY: Seaborne prices rise; portside high-grade fines attract buyers Seaborne iron ore prices pushed up on Friday January 8 on active trading, with demand for high-grade iron ore fines well supported at the Chinese ports, sources told Fastmarkets. http://www.metalbulletin.com/Article/3969765/IRON-ORE-DAILY-Seaborne-prices-rise-portside-high-grade-fines-attract-buyers.htmlFri, 08 Jan 2021 12:05:00 GMTCHINA STEEL SCRAP: Stifled domestic prices restrict import trades Sluggish Chinese domestic steel scrap prices mean there has been a large gap between bids and offers for imports of steel scrap this week, market sources told Fastmarkets on Friday January 8. http://www.metalbulletin.com/Article/3969756/CHINA-STEEL-SCRAP-Stifled-domestic-prices-restrict-import-trades.htmlFri, 08 Jan 2021 10:43:00 GMTLIVE FUTURES REPORT 08/01: LME complex slows down bullish pace on dollar index uptick Base metals forward prices on the London Metals Exchange consolidated on the morning of Friday January 8, ending a week when some reached multi-year rises, due to a recovery in the dollar index. http://www.metalbulletin.com/Article/3969758/LIVE-FUTURES-REPORT-0801-LME-complex-slows-down-bullish-pace-on-dollar-index-uptick.htmlFri, 08 Jan 2021 10:17:00 GMTMORNING VIEW: Base metals prices mixed, equities stronger on further reflation expectationsBase metals prices were pausing and precious metals were mainly on a back footing this morning, Friday January 8, with sentiment generally bullish on the prospects for greater fiscal spending out of the United States when Joe Biden becomes the president in a few weeks’ time. http://www.metalbulletin.com/Article/3969747/MORNING-VIEW-Base-metals-prices-mixed-equities-stronger-on-further-reflation-expectations.htmlFri, 08 Jan 2021 08:23:00 GMTBANGLADESH STEEL SCRAP: Containerized prices jump after fresh dealsPrices for steel scrap imported to Bangladesh increased over the past week following new deals for containerized material, market participants told Fastmarkets.http://www.metalbulletin.com/Article/3969746/BANGLADESH-STEEL-SCRAP-Containerized-prices-jump-after-fresh-deals.htmlFri, 08 Jan 2021 07:15:00 GMTFIS completes first brokered cobalt trade on CMEFreight Investor Services (FIS) completed the first brokered trade of the CME Group’s cash-settled cobalt futures contract on Thursday January 7, the company told Fastmarkets. http://www.metalbulletin.com/Article/3969742/FIS-completes-first-brokered-cobalt-trade-on-CME.htmlFri, 08 Jan 2021 04:57:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 7Here are five Fastmarkets stories you might have missed on Thursday January 7 that are worth another look.http://www.metalbulletin.com/Article/3969734/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-7.htmlFri, 08 Jan 2021 00:05:00 GMTEUROPE HRC: Buyers expect short-term price rise in JanuaryEuropean buyers expected that domestic hot-rolled coil prices would continue to rise in January and in the rest of the first quarter, due to good order books at domestic mills and a lack of competitive imports, sources told Fastmarkets on Thursday January 7. http://www.metalbulletin.com/Article/3969712/EUROPE-HRC-Buyers-expect-short-term-price-rise-in-January.htmlThu, 07 Jan 2021 18:20:00 GMTLIVE FUTURES REPORT 07/01: LME copper, nickel extend highs through $8,180, $18,200 per tonneForward prices for copper and nickel on the London Metal Exchange continued to reach new highs during trading on Thursday January 7, while the rest of the base-metals complex showed smaller increases than those seen at the beginning of the week on a marked rebound in the US dollar index. http://www.metalbulletin.com/Article/3969711/LIVE-FUTURES-REPORT-0701-LME-copper-nickel-extend-highs-through-8180-18200-per-tonne.htmlThu, 07 Jan 2021 17:53:00 GMTLocal rail suspension in Hebei prompts surge in Chinese alumina buying The Chinese alumina price rose slightly this week following a spate of panic buying after railway transport in Shijiazhuang, in the northern Chinese province of Hebei, was suspended amid a rise in Covid-19 infections, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3969561/Local-rail-suspension-in-Hebei-prompts-surge-in-Chinese-alumina-buying.htmlThu, 07 Jan 2021 16:46:00 GMTEGYPT STEEL BILLET, REBAR: Prices stable on low market activitySteel billet and rebar prices have remained stable in Egypt in the week ending Thursday January 7 because of low levels of market activity, market sources have told Fastmarkets. http://www.metalbulletin.com/Article/3969646/EGYPT-STEEL-BILLET-REBAR-Prices-stable-on-low-market-activity.htmlThu, 07 Jan 2021 16:25:00 GMTDAILY STEEL SCRAP: Mills continue deep-sea bookings, prices remain firmTurkish steelmakers continued to book deep-sea scrap cargoes for February and March shipment at firm prices, sources said on Thursday January 7. http://www.metalbulletin.com/Article/3969643/DAILY-STEEL-SCRAP-Mills-continue-deep-sea-bookings-prices-remain-firm.htmlThu, 07 Jan 2021 16:10:00 GMTTURKEY STEEL BILLET: Rising scrap costs push up prices despite weak demandTurkish steel billet prices have increased over the past week due to rising imported scrap costs and despite limited demand, sources said on Thursday January 7. http://www.metalbulletin.com/Article/3969616/TURKEY-STEEL-BILLET-Rising-scrap-costs-push-up-prices-despite-weak-demand.htmlThu, 07 Jan 2021 15:30:00 GMTTURKEY LONG STEEL EXPORTS: Prices up on costlier scrap but demand flatTurkish rebar export prices have continued to go up in line with rising costs for imported scrap, but demand was not yet strong enough to support the increase, sources said on Thursday January 7. http://www.metalbulletin.com/Article/3969587/TURKEY-LONG-STEEL-EXPORTS-Prices-up-on-costlier-scrap-but-demand-flat.htmlThu, 07 Jan 2021 15:10:00 GMTJAPAN STEEL SCRAP: P&S price bumps up on strong domestic demandPrices for plate and structural-grade scrap (P&S), known as HS in Japan, have shown a slight increase over the past week on strong demand from mills in both Japan and China, sources told Fastmarkets on Thursday January 7. http://www.metalbulletin.com/Article/3969582/JAPAN-STEEL-SCRAP-P-S-price-bumps-up-on-strong-domestic-demand.htmlThu, 07 Jan 2021 14:50:00 GMTCOKING COAL DAILY: Seaborne cfr prices rise; impending storms in Queensland dampen fob activitySeaborne coking coal prices increased across the board in the cfr market on Thursday January 7, on higher offer prices, but with storms expected to hit Queensland this weekend, the fob market stayed quiet, with many miners reluctant to sell. http://www.metalbulletin.com/Article/3969569/COKING-COAL-DAILY-Seaborne-cfr-prices-rise-impending-storms-in-Queensland-dampen-fob-activity.htmlThu, 07 Jan 2021 12:18:00 GMTEuropean ferro-vanadium price jumps to 10-month high on tight prompt availability, end-user interest The European ferro-vanadium price surged by more than 5% to a 10-month high in the first week of the year on increased end-user appetite amid tightening prompt inventories. http://www.metalbulletin.com/Article/3969572/European-ferro-vanadium-price-jumps-to-10-month-high-on-tight-prompt-availability-end-user-interest.htmlThu, 07 Jan 2021 12:16:00 GMTIRON ORE DAILY: Seaborne prices continue upward march; firm demand boosts lump premiumsSeaborne iron ore prices maintained their upward trend across the board on Thursday January 7, with lump premiums also continuing to rise because of firm demand, sources told Fastmarkets. http://www.metalbulletin.com/Article/3969568/IRON-ORE-DAILY-Seaborne-prices-continue-upward-march-firm-demand-boosts-lump-premiums.htmlThu, 07 Jan 2021 12:02:00 GMTLas Bambas copper mine blockade paused but concentrate transport still congested The blockade at the Las Bambas copper mine in Peru has been partially ended on a temporary basis pending a dialogue between local community members and mining company MMG, Fastmarkets learned on Thursday January 7. http://www.metalbulletin.com/Article/3969571/Las-Bambas-copper-mine-blockade-paused-but-concentrate-transport-still-congested.htmlThu, 07 Jan 2021 12:01:00 GMTEC imposes 4.8-7.6% provisional anti-dumping duties on Turkish HRC The European Commission has set 4.8-7.6% provisional anti-dumping duties on hot-rolled coil originating from Turkey, effective Wednesday January 6. http://www.metalbulletin.com/Article/3969567/EC-imposes-48-76-provisional-anti-dumping-duties-on-Turkish-HRC.htmlThu, 07 Jan 2021 11:37:00 GMTDCE amends coke delivery standard effective January 2022 The Dalian Commodity Exchange (DCE) released a notice on Wednesday January 6 to amend its coke delivery quality standard, which will apply from the J2201 contract month onwards. http://www.metalbulletin.com/Article/3969570/DCE-amends-coke-delivery-standard-effective-January-2022.htmlThu, 07 Jan 2021 11:27:00 GMTCHINA HRC: Overseas buyers turn to private mils after rise in domestic pricesChina’s domestic hot-rolled coil prices increased on Thursday January 7, and with most major mills offering the material above $700 per tonne fob, overseas buyers have turned to smaller, private mills to secure goods at lower prices. http://www.metalbulletin.com/Article/3969562/CHINA-HRC-Overseas-buyers-turn-to-private-mils-after-rise-in-domestic-prices.htmlThu, 07 Jan 2021 10:28:00 GMTLIVE FUTURES REPORT 07/01: LME nickel price breaches $18,000/t; copper, zinc continue higher The three-month nickel price on the London Metals Exchange crossed $18,000 per tonne on the morning of Thursday January 7 and copper continued to stride above $8,000 per tonne in a broadly positive morning for the complex. http://www.metalbulletin.com/Article/3969564/LIVE-FUTURES-REPORT-0701-LME-nickel-price-breaches-18000t-copper-zinc-continue-higher.htmlThu, 07 Jan 2021 10:22:00 GMTSpot supply constraints push up cobalt hydroxide payablesSpot cobalt hydroxide payables surged in the first half of this week with Chinese consumers actively seeking units while logistical bottlenecks continued to cap suppliers’ ability to deliver January cargoes. http://www.metalbulletin.com/Article/3969554/Spot-supply-constraints-push-up-cobalt-hydroxide-payables.htmlThu, 07 Jan 2021 09:32:00 GMTMORNING VIEW: Base metals continue higher while gold pulls backMarkets remained upbeat on the morning of Thursday January 7 despite the outbreak of violence in Washington, DC, with nickel joining copper and tin in setting fresh new multi-month highs but gold turning lower.http://www.metalbulletin.com/Article/3969556/MORNING-VIEW-Base-metals-continue-higher-while-gold-pulls-back.htmlThu, 07 Jan 2021 09:20:00 GMTPREVIEW 2021: Supply constraints, stalled foreign projects support antimony prices – but for how long?The antimony market had a volatile year in 2020 but was buoyed by ongoing trade flow disruptions and ore tightness in China that should continue to support prices in early 2021.http://www.metalbulletin.com/Article/3968381/PREVIEW-2021-Supply-constraints-stalled-foreign-projects-support-antimony-pricesbut-for-how-long.htmlThu, 07 Jan 2021 09:10:00 GMTChina Copper's Feng to head top smelter group after CSPT tie voteChina Copper's raw materials director Feng Mingrui will be the next group leader of the country's top copper smelters after a tie vote at a recent meeting, sources told Fastmarkets.http://www.metalbulletin.com/Article/3969553/China-Coppers-Feng-to-head-top-smelter-group-after-CSPT-tie-vote.htmlThu, 07 Jan 2021 08:50:00 GMTFOCUS: Chinese tungsten market participants eye further price gainsChinese tungsten market participants expect prices to continue a steady uptrend in early 2021 given tightened supply of concentrate and robust prices for downstream products.http://www.metalbulletin.com/Article/3969552/FOCUS-Chinese-tungsten-market-participants-eye-further-price-gains.htmlThu, 07 Jan 2021 07:13:00 GMTFOCUS: Leading Chinese FeCr producers initiate moves to mitigate surging costsFollowing a recent surge in costs for ferro-chrome production in China and the release of disappointing January tender prices by consumers, two leading producers have initiated moves to strengthen alloy prices.http://www.metalbulletin.com/Article/3969412/FOCUS-Leading-Chinese-FeCr-producers-initiate-moves-to-mitigate-surging-costs.htmlThu, 07 Jan 2021 04:40:00 GMTChina’s daily crude steel output down in late DecemberMember mills of the China Iron & Steel Association (Cisa) lowered their crude steel and hot metal production in late December from the preceding 10 days, according to data published by the association on Wednesday January 6.http://www.metalbulletin.com/Article/3969549/Chinas-daily-crude-steel-output-down-in-late-December.htmlThu, 07 Jan 2021 02:33:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 6Here are five Fastmarkets stories you might have missed on Wednesday January 6 that are worth another look.http://www.metalbulletin.com/Article/3969547/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-6.htmlThu, 07 Jan 2021 00:05:00 GMTGLOBAL NICKEL WRAP: China market gathers momentum on import tax cut; US, Europe off to slow startNickel premiums were steady across the globe in the week to Tuesday January 5, while China's nickel sulfate market strengthened amid demand support and limited spot supply. http://www.metalbulletin.com/Article/3969395/GLOBAL-NICKEL-WRAP-China-market-gathers-momentum-on-import-tax-cut-US-Europe-off-to-slow-start.htmlWed, 06 Jan 2021 21:57:00 GMTUS hot-rolled coil index lurches back above $51.50/cwtHot-rolled coil prices in the United States rebounded on Wednesday January 6, but talk of lower deals remained in the market. http://www.metalbulletin.com/Article/3969543/US-hot-rolled-coil-index-lurches-back-above-5150cwt.htmlWed, 06 Jan 2021 21:56:00 GMTTURKEY FLAT STEEL WRAP: Prices up sharply in December, strong in JanuaryAll Turkish flat steel prices increased sharply in December 2020, and the market was expected to remain steady in January because of globally strong demand for steel products, Fastmarkets heard on Wednesday January 6. http://www.metalbulletin.com/Article/3969506/TURKEY-FLAT-STEEL-WRAP-Prices-up-sharply-in-December-strong-in-January.htmlWed, 06 Jan 2021 20:45:00 GMTEUROPE SECTIONS: Market quiet on post-holiday lullThe prices for steel hollow sections in Europe have remained unchanged over the past week, with many market participants still on their Christmas and New Year holidays, sources told Fastmarkets on Wednesday January 6. http://www.metalbulletin.com/Article/3969521/EUROPE-SECTIONS-Market-quiet-on-post-holiday-lull.htmlWed, 06 Jan 2021 19:45:00 GMTChina leads ferro-chrome price rises in Europe as market returns from holidayThe prices of high- and low-carbon ferro-chrome in Europe rose on January 5 due to tight supply and stronger sentiment seeping into the European market from China. http://www.metalbulletin.com/Article/3969524/China-leads-ferro-chrome-price-rises-in-Europe-as-market-returns-from-holiday.htmlWed, 06 Jan 2021 18:22:00 GMTDAILY STEEL SCRAP: Mills restart scrap purchases at higher pricesTurkish steel producers have resumed their deep-sea scrap purchasing for February-shipment cargoes at strengthening prices, sources told Fastmarkets on Wednesday January 6. http://www.metalbulletin.com/Article/3969513/DAILY-STEEL-SCRAP-Mills-restart-scrap-purchases-at-higher-prices.htmlWed, 06 Jan 2021 18:13:00 GMTPRICING NOTICE: Correction to daily Turkish steel scrap import indicesFastmarkets has corrected its daily Turkish steel scrap indices, which were published incorrectly on Wednesday January 6 due to a technical error. http://www.metalbulletin.com/Article/3969514/PRICING-NOTICE-Correction-to-daily-Turkish-steel-scrap-import-indices.htmlWed, 06 Jan 2021 18:10:00 GMTLIVE FUTURES REPORT 06/01: LME copper reaches new high above $8,100/t, nickel nears $18,000/tCopper and nickel hit multi-month and multi-week highs respectively on the London Metal Exchange on Wednesday January 6, spurred by factors such as export delays in Peru, positive sentiment about electric vehicles and a weak US dollar. http://www.metalbulletin.com/Article/3969518/LIVE-FUTURES-REPORT-0601-LME-copper-reaches-new-high-above-8100t-nickel-nears-18000t.htmlWed, 06 Jan 2021 18:09:00 GMTCobalt metal prices rise further underpinned by buoyant sentiment in China Cobalt metal prices in-whs Rotterdam rose in the first half of the week, with news of stockpiling activity in China spurring a flurry of activity and sellers holding offers firm in anticipation of further price increases. http://www.metalbulletin.com/Article/3969522/Cobalt-metal-prices-rise-further-underpinned-by-buoyant-sentiment-in-China.htmlWed, 06 Jan 2021 17:49:00 GMTCONSUMER ELECTRONICS MARKET REPORT 06/01: Tight supplies raise China’s lithium priceAn overview of the consumer electronics markets and their latest price moves. http://www.metalbulletin.com/Article/3969438/CONSUMER-ELECTRONICS-MARKET-REPORT-0601-Tight-supplies-raise-Chinas-lithium-price.htmlWed, 06 Jan 2021 17:23:00 GMTALUMINA SNAPSHOT: Fob Australia index hits highest since July 2019 on aluminium rally Key information from the pricing session for Fastmarkets’ alumina index, fob Australia on Wednesday January 6. http://www.metalbulletin.com/Article/3969510/ALUMINA-SNAPSHOT-Fob-Australia-index-hits-highest-since-July-2019-on-aluminium-rally.htmlWed, 06 Jan 2021 17:13:00 GMTEUROPE PLATE: Slow post-holiday market keeps prices stableDomestic prices for heavy steel plate in Europe were unchanged over the week to Wednesday January 6 due to the seasonal slowdown in market activity, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3969509/EUROPE-PLATE-Slow-post-holiday-market-keeps-prices-stable.htmlWed, 06 Jan 2021 16:55:00 GMTEUROPE BEAMS: Market braces for sharp post-holidays price increaseThe price of steel H-beams in Europe has already gone up this week, ahead of mills returning to the market after the New Year holiday break, with further large increases expected, sources told Fastmarkets on Wednesday January 6. http://www.metalbulletin.com/Article/3969475/EUROPE-BEAMS-Market-braces-for-sharp-post-holidays-price-increase.htmlWed, 06 Jan 2021 16:18:00 GMTSPECIALTY STEEL RAW MATERIALS MARKET REPORT 06/01: Ferro-vanadium jumps 5% on tight prompt availability, end-user interestAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/3969471/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-0601-Ferro-vanadium-jumps-5-on-tight-prompt-availability.htmlWed, 06 Jan 2021 16:02:00 GMTIranian steel billet, slab market sources unfazed by new US sanctions; export prices riseThe United States has announced further sanctions on producers of Iranian steel and other metal products alongside foreign-based sales agents of an Iranian metals and mining holding company, but export steel billet and slab prices still rose this week with Iranian sources saying steel trade will be able to continue. http://www.metalbulletin.com/Article/3969443/Iranian-steel-billet-slab-market-sources-unfazed-by-new-US-sanctions-export-prices-rise.htmlWed, 06 Jan 2021 15:43:00 GMTEUROPE WIRE ROD: Prices set to increase further in JanuaryThe European markets for steel mesh-quality wire rod were silent in the week to Wednesday January 6 while holidays continued, but with sentiment increasingly bullish amid tight supply and expected price rises for scrap feedstock, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3969418/EUROPE-WIRE-ROD-Prices-set-to-increase-further-in-January.htmlWed, 06 Jan 2021 14:55:00 GMTEUROPE REBAR: Prices narrow upward, new increases to come soonThe domestic rebar market in the EU has been largely quiet in the past week because of continuing holidays, although some producers have already declared higher prices for January amid bullishness in raw materials and persistent shortages, sources told Fastmarkets on Wednesday January 6. http://www.metalbulletin.com/Article/3969416/EUROPE-REBAR-Prices-narrow-upward-new-increases-to-come-soon.htmlWed, 06 Jan 2021 14:35:00 GMTChina cobalt prices edge higher after suppliers broadly hold back from sales Cobalt metal and salts prices in China rose in the first half of the week with some suppliers holding back from sales amid tightened supply and in anticipation of a further price rally. http://www.metalbulletin.com/Article/3969401/China-cobalt-prices-edge-higher-after-suppliers-broadly-hold-back-from-sales.htmlWed, 06 Jan 2021 14:02:00 GMTGLOBAL COPPER WRAP: Shanghai premium hits 4-month high on improved arbitrage; US, Rotterdam premiums static Copper premiums surged in Shanghai after import gains over the past week, but remain stable in the United States and Europe. http://www.metalbulletin.com/Article/3969396/GLOBAL-COPPER-WRAP-Shanghai-premium-hits-4-month-high-on-improved-arbitrage-US-Rotterdam-premiums.htmlWed, 06 Jan 2021 13:06:00 GMTChinese chrome ore, alloy market sentiment heats up on tight supply Domestic and imported chrome alloy and ore prices in China rose strongly in the week ended Tuesday January 5 after leading stainless steel producers in China Tsingshan Group and Baosteel increased their ferro-chrome tender prices, and alloy producers raised their offer prices and shifted to the spot market, amid rising costs and tight supply. http://www.metalbulletin.com/Article/3969414/Chinese-chrome-ore-alloy-market-sentiment-heats-up-on-tight-supply.htmlWed, 06 Jan 2021 11:49:00 GMTIRON ORE DAILY: Lump prices rise amid tight suppliesIron ore registered increases across the board on active seaborne trading on Wednesday January 6, with lump prices surging due to tight supplies, sources told Fastmarkets. http://www.metalbulletin.com/Article/3969408/IRON-ORE-DAILY-Lump-prices-rise-amid-tight-supplies.htmlWed, 06 Jan 2021 11:30:00 GMTMANGANESE ORE ANALYTICS: January 4, 2021The latest data for the global manganese ore market for the week ended January 4, 2021.http://www.metalbulletin.com/Article/3969349/MANGANESE-ORE-ANALYTICS-January-4-2021.htmlWed, 06 Jan 2021 10:24:00 GMTMORNING VIEW: Base metals prices remain upbeat with copper setting new multi-year highsMarkets seem to be anticipating a Democratic win in the Georgia Senate run-off this morning, Wednesday January 6, and that could be bullish for commodities because a Democratic-controlled US Congress could push through larger fiscal stimulus packages.http://www.metalbulletin.com/Article/3969398/MORNING-VIEW-Base-metals-prices-remain-upbeat-with-copper-setting-new-multi-year-highs.htmlWed, 06 Jan 2021 09:03:00 GMTLas Bambas copper shipment delay extends into Jan; 189kt of concentrate strandedCopper concentrate shipment delays at MMG’s Las Bambas mine in Peru due to road blockades have continued into the new year, Fastmarkets understands.http://www.metalbulletin.com/Article/3969394/Las-Bambas-copper-shipment-delay-extends-into-Jan-189kt-of-concentrate-stranded.htmlWed, 06 Jan 2021 06:21:00 GMTGLOBAL ALUMINIUM WRAP: Premiums flat across the board to start 2021Spot aluminium premiums in the United States, Europe and Asia were flat on Tuesday January 5, with activity still somewhat muted after it was mostly paused during the December and New Year holidays.http://www.metalbulletin.com/Article/3969377/GLOBAL-ALUMINIUM-WRAP-Premiums-flat-across-the-board-to-start-2021.htmlWed, 06 Jan 2021 02:45:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 5Here are five Fastmarkets stories you might have missed on Tuesday January 5 that are worth another look.http://www.metalbulletin.com/Article/3969387/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-5.htmlWed, 06 Jan 2021 00:05:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 05/01A summary of base metals premiums from across the globe for the week to Tuesday January 5.http://www.metalbulletin.com/Article/3969353/WEEKLY-BASE-METAL-PREMIUMS-REPORT-0501.htmlTue, 05 Jan 2021 21:10:00 GMTMexican scrap prices continue uptrend as buyers fight for volumesSteel scrap prices in Mexico resumed an upward trend in the week ended Friday January 1, with many consumers accepting higher prices for scrap in the final days of 2020 when struggling to secure supply. http://www.metalbulletin.com/Article/3969376/Mexican-scrap-prices-continue-uptrend-as-buyers-fight-for-volumes.htmlTue, 05 Jan 2021 20:48:00 GMTLIVE FUTURES REPORT 05/01: Copper nears 2020 high, tin surpasses $21,300 Three-month LME copper and tin prices continued to rise on Tuesday January 5, with the red metal coming close to its 2020 high, on a day when the rest of the base metals all saw increases, supported by a low US Dollar Index. http://www.metalbulletin.com/Article/3969352/LIVE-FUTURES-REPORT-0501-Copper-nears-2020-high-tin-surpasses-21300.htmlTue, 05 Jan 2021 18:16:00 GMTVital acquires former Recylex PPM Pure Metals industrial site in Germany China-based minor metals producer Vital Materials has acquired the industrial site of PPM Pure Metals at Langelsheim, Germany. http://www.metalbulletin.com/Article/3969307/Vital-acquires-former-Recylex-PPM-Pure-Metals-industrial-site-in-Germany.htmlTue, 05 Jan 2021 17:49:00 GMTGLOBAL CHROME SNAPSHOT: Chinese ore, alloy markets rise following new tender price An overview of the chrome ore and alloy markets on Tuesday January 5 and their latest price moves. http://www.metalbulletin.com/Article/3969348/GLOBAL-CHROME-SNAPSHOT-Chinese-ore-alloy-markets-rise-following-new-tender-price.htmlTue, 05 Jan 2021 17:30:00 GMTDAILY STEEL SCRAP: Mills to book more scrap for February-MarchTurkish steel mills remained quiet in the deep-sea scrap markets on the second working day of the week, while the market was generally slow during the new year holidays, sources said on Tuesday January 5.http://www.metalbulletin.com/Article/3969303/DAILY-STEEL-SCRAP-Mills-to-book-more-scrap-for-February-March.htmlTue, 05 Jan 2021 16:52:00 GMTCIS STEEL BILLET: Market silent due to holidays, but sentiment upbeatThe export market for steel billet originating in the Commonwealth of Independent States (CIS) has remained quiet this week with most producers still out of the market for holidays, although sentiment remained upbeat, sources told Fastmarkets on Tuesday January 5. http://www.metalbulletin.com/Article/3969299/CIS-STEEL-BILLET-Market-silent-due-to-holidays-but-sentiment-upbeat.htmlTue, 05 Jan 2021 16:22:00 GMTGULF STEEL BILLET, REBAR: Prices supported by bullish expectations; market activity yet to resume Steel rebar and billet prices in the United Arab Emirates increased this week because of higher offers and assessments, but market activity was yet to resume after the end-of-year period, sources said on Tuesday January 5. http://www.metalbulletin.com/Article/3969304/GULF-STEEL-BILLET-REBAR-Prices-supported-by-bullish-expectations-market-activity-yet-to-resume.htmlTue, 05 Jan 2021 16:10:00 GMT2021 PREVIEW: Will LME spreads or fundamentals drive European aluminium premiums in 2021? London Metal Exchange spreads are usually a key driver for duty-unpaid aluminium premiums in Europe but this was not the case toward the end of 2020, leaving market participants wondering what will be main driver in 2021. http://www.metalbulletin.com/Article/3969259/2021-PREVIEW-Will-LME-spreads-or-fundamentals-drive-European-aluminium-premiums-in-2021.htmlTue, 05 Jan 2021 13:55:00 GMTTURKEY FLAT STEEL: Prices continue incline on weak year-end buying [CORRECTED]Flat steel prices in Turkey continued to increase in the week to Thursday December 31, but buying was weak because most buyers were busy with inventory calculations, sources told Fastmarkets. http://www.metalbulletin.com/Article/3969250/TURKEY-FLAT-STEEL-Prices-continue-incline-on-weak-year-end-buying-[CORRECTED].htmlTue, 05 Jan 2021 13:15:00 GMTCOKING COAL DAILY: Seaborne premium cfr price jumps after latest transactionsA correction has been issued for this article. http://www.metalbulletin.com/Article/3969251/COKING-COAL-DAILY-Seaborne-premium-cfr-price-jumps-after-latest-transactions.htmlTue, 05 Jan 2021 13:06:00 GMTChina cuts EV subsidy for 2021; market downplays impact on lithium, cobalt pricesChina's finance ministry has reduced the subsidies for electric vehicles (EVs) for 2021 by 20%, a move most market participants say they had expected.http://www.metalbulletin.com/Article/3969254/China-cuts-EV-subsidy-for-2021-market-downplays-impact-on-lithium-cobalt-prices.htmlTue, 05 Jan 2021 12:03:00 GMTIRON ORE DAILY: Prices up amid surge in coke futuresIron ore prices increased on Tuesday January 5, with active trading in the seaborne and port markets supported by record high prices in coke futures, sources told Fastmarkets. http://www.metalbulletin.com/Article/3969249/IRON-ORE-DAILY-Prices-up-amid-surge-in-coke-futures.htmlTue, 05 Jan 2021 12:03:00 GMTLIVE FUTURES REPORT 05/01: Tin, copper continue to rise on weak dollarThe three-month tin price on the London Metal Exchange crossed the $21,200-per-tonne mark while copper edged above $7,900 per tonne during morning trading on Tuesday January 5, with a weak dollar continuing to offset worries about new lockdowns in Europe and the Georgia run-off election in the United States. http://www.metalbulletin.com/Article/3969243/LIVE-FUTURES-REPORT-0501-Tin-copper-continue-to-rise-on-weak-dollar.htmlTue, 05 Jan 2021 10:27:00 GMTUS spot tin shortage lets sellers ‘name their price’: sourcesA near total lack of tin for sale in the United States has led to a year-end jump in premiums for buyers who cannot wait for new shipments – variously expected any time from mid-January to March.http://www.metalbulletin.com/Article/3969233/US-spot-tin-shortage-lets-sellers-name-their-price-sources.htmlTue, 05 Jan 2021 09:00:00 GMTMORNING VIEW: Base metals prices continue to strengthen, led by tinStrong gains were seen across the base metals on the London Metal Exchange at the start of the week and most of the metals in London and all the metals on the Shanghai Futures Exchange were up again this morning, Tuesday January 5. http://www.metalbulletin.com/Article/3969237/MORNING-VIEW-Base-metals-prices-continue-to-strengthen-led-by-tin.htmlTue, 05 Jan 2021 08:32:00 GMTYoung Poong appealing government-ordered shutdown of zinc smelter [UPDATED]South Korea’s Young Poong (YP) is appealing a local government decision to close its Sukpu refined zinc smelter for two months, the sister company of Korea Zinc confirmed with Fastmarkets. http://www.metalbulletin.com/Article/3969234/Young-Poong-appealing-government-ordered-shutdown-of-zinc-smelter-[UPDATED].htmlTue, 05 Jan 2021 07:35:00 GMTBrazilian iron ore exports up 33% in December amid higher pricesBrazil’s iron ore exports increased by a third in December compared with a year earlier, according to statistics from the country’s economy ministry.http://www.metalbulletin.com/Article/3969225/Brazilian-iron-ore-exports-up-33-in-December-amid-higher-prices.htmlTue, 05 Jan 2021 03:36:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 4Here are five Fastmarkets stories you might have missed on Monday January 4 that are worth another look.http://www.metalbulletin.com/Article/3969229/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-4.htmlTue, 05 Jan 2021 00:05:00 GMTLIVE FUTURES REPORT 04/01: LME nickel price up 4.8%, tin surpasses $21,000/t The London Metal Exchange three-month nickel price had the biggest rise of 4.8% and tin crossed the $21,000 per tonne mark for the first time since April 2019 in an upbeat start to the year for the entire complex on Monday January 4, where all forward prices rose by more than 1%. http://www.metalbulletin.com/Article/3969211/LIVE-FUTURES-REPORT-0401-LME-nickel-price-up-48-tin-surpasses-21000t.htmlMon, 04 Jan 2021 17:53:00 GMTCIS LONG STEEL: Prices flat on lack of trading activityThe export market for long steel products from the Commonwealth of Independent States (CIS) was quiet during the week to Monday January 4 because of seasonal holidays, but with sentiment remaining upbeat, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3969116/CIS-LONG-STEEL-Prices-flat-on-lack-of-trading-activity.htmlMon, 04 Jan 2021 16:50:00 GMTDAILY STEEL SCRAP: Deep-sea markets quiet as holidays run onThe Turkish deep-sea scrap markets were quiet at the start of this week due to new year holidays, but purchasing activity was expected to resume soon, market sources said on Monday January 4. http://www.metalbulletin.com/Article/3969085/DAILY-STEEL-SCRAP-Deep-sea-markets-quiet-as-holidays-run-on.htmlMon, 04 Jan 2021 16:26:00 GMTTURKEY DOMESTIC STEEL SCRAP: Auto bundle prices down on stronger lira, ship scrap remains firmTurkish domestic prices for auto bundle steel scrap have gone down with the strengthening of the country’s lira, while firm values for imported scrap were keeping ship scrap prices on an upward trend over the past week, sources said on Monday January 4. http://www.metalbulletin.com/Article/3969082/TURKEY-DOMESTIC-STEEL-SCRAP-Auto-bundle-prices-down-on-stronger-lira-ship-scrap-remains-firm.htmlMon, 04 Jan 2021 14:25:00 GMTASIA HRC: Spot market liquidity limited amid year-end lullThere was limited spot liquidity in the import market for steel hot-rolled coil in Vietnam over the holiday period at the end of December 2020. http://www.metalbulletin.com/Article/3969045/ASIA-HRC-Spot-market-liquidity-limited-amid-year-end-lull.htmlMon, 04 Jan 2021 14:05:00 GMTSHFE STOCKS REPORT 31/12: Copper has largest inventory change, up 15.3%Except for copper, base metals stocks in Shanghai Futures Exchange-registered warehouses all recorded falls in the week to Thursday December 31, with zinc down the most by 13%. http://www.metalbulletin.com/Article/3969068/SHFE-STOCKS-REPORT-3112-Copper-has-largest-inventory-change-up-153.htmlMon, 04 Jan 2021 13:40:00 GMTChina aims to diversify iron ore supply sources, strengthen pricing powerChina aims to diversify its iron ore supply sources and strengthen its bargaining power in purchasing, according to the country's Ministry of Industry & Information Technology (MIIT). http://www.metalbulletin.com/Article/3969044/China-aims-to-diversify-iron-ore-supply-sources-strengthen-pricing-power.htmlMon, 04 Jan 2021 10:32:00 GMT2021 PREVIEW: Sustainability takes center stage in lithium sector as EV transition picks upSustainable mining of lithium - a critical raw material in the manufacturing of lithium-ion batteries that also plays a pivotal role in vehicle electrification - has come under increased scrutiny over the past year amid an accelerated shift toward electric vehicles (EVs).http://www.metalbulletin.com/Article/3969059/2021-PREVIEW-Sustainability-takes-center-stage-in-lithium-sector-as-EV-transition-picks-up.htmlMon, 04 Jan 2021 10:16:00 GMTChina books raft of Japanese steel scrap after import window reopensChinese steelmakers have wasted no time in booking ferrous scrap from abroad following a change in the country’s import rules for the steelmaking raw material, with purchases of several cargoes from Japan agreed in the last few days.http://www.metalbulletin.com/Article/3969053/China-books-raft-of-Japanese-steel-scrap-after-import-window-reopens.htmlMon, 04 Jan 2021 10:13:00 GMTLIVE FUTURES REPORT 04/01: LME nickel price rises over 4%; complex upbeat on 2021 first day of trading The London Metal Exchange nickel price led the way on morning trading on Monday January 4 with a 4.3% rise from its closing price of 2020, reflecting an upbeat start to the year where all metals’ forward prices rose by more than 1%. http://www.metalbulletin.com/Article/3969057/LIVE-FUTURES-REPORT-0401-LME-nickel-price-rises-over-4-complex-upbeat-on-2021-first-day-of-trading.htmlMon, 04 Jan 2021 10:00:00 GMTPRICING NOTICE: Holiday pricing schedule for 2021-2022View the Fastmarkets holiday pricing schedule for 2021-2022.http://www.metalbulletin.com/Article/3969058/PRICING-NOTICE-Holiday-pricing-schedule-for-2021-2022.htmlMon, 04 Jan 2021 09:51:00 GMT6 key points about China's upcoming steel masterplanChina, which is finalizing a new masterplan that will form the core of its policies for the ferrous sector in its 14th Five-Year Plan, is seeking input from steel market participants, its Ministry of Industry & Information Technology (MIIT) said on December 31.http://www.metalbulletin.com/Article/3969041/6-key-points-about-Chinas-upcoming-steel-masterplan.htmlMon, 04 Jan 2021 09:30:00 GMTMORNING VIEW: Base metals start the year strongly and on high volumeThe new year has started with optimism in the air and base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up by an average of 1.8% and 1.4% respectively this morning, Monday January 14. http://www.metalbulletin.com/Article/3969048/MORNING-VIEW-Base-metals-start-the-year-strongly-and-on-high-volume.htmlMon, 04 Jan 2021 08:55:00 GMTPRICING NOTICE: Nickel arbitrage calculation changes on import tax cut from January 1, 2021 Fastmarkets has updated its formula for calculating the daily physical nickel arbitrage in Shanghai, after China announced it would lower the import tax on certain non-alloyed nickel from 2% to 1%, from January 1, 2021. http://www.metalbulletin.com/Article/3969049/PRICING-NOTICE-Nickel-arbitrage-calculation-changes-on-import-tax-cut-from-January-1-2021.htmlMon, 04 Jan 2021 08:47:00 GMTChina resumes ferrous scrap importsChina has resumed imports of certain ferrous scrap products, replacing the previous regulation that had restricted such imports since July 2019, according to a notice released by the Ministry of Ecology & Environment late on December 31.http://www.metalbulletin.com/Article/3969040/China-resumes-ferrous-scrap-imports.htmlMon, 04 Jan 2021 03:34:00 GMT2021 PREVIEW: Covid-19 vaccine's impact on Asian steel marketsNews of Covid-19 vaccines being distributed and administered around the world has boosted sentiment in Asian economies, with steel markets in the region seemingly upbeat on prospects in 2021.http://www.metalbulletin.com/Article/3966922/2021-PREVIEW-Covid-19-vaccines-impact-on-Asian-steel-markets.htmlMon, 04 Jan 2021 03:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from December 31Here are five Fastmarkets stories you might have missed on Thursday December 31 that are worth another look.http://www.metalbulletin.com/Article/3969015/IN-CASE-YOU-MISSED-IT-5-key-stories-from-December-31.htmlFri, 01 Jan 2021 00:05:00 GMTUS hot-rolled coil closes 2020 at $51.50/hundredweightHot-rolled coil prices in the United States reached the highest level seen all year – and in more than 12 years – on the final day of 2020. http://www.metalbulletin.com/Article/3969019/US-hot-rolled-coil-closes-2020-at-5150hundredweight.htmlThu, 31 Dec 2020 21:26:00 GMTArgentina's Aluar aluminium smelter hits 70% capacityArgentinian aluminium producer Aluar finished 2020 at 70% capacity utilization, ramping up production from stoppages related to the Covid-19 pandemic and weather conditions earlier in the year, the company said.http://www.metalbulletin.com/Article/3968981/Argentinas-Aluar-aluminium-smelter-hits-70-capacity.htmlThu, 31 Dec 2020 17:00:00 GMT2020 LME BASE METALS PRICE REVIEW: Cu keeps Covid at bay, rises to 2013 levels; nickel spurred on by EV prospectsThe advent of Covid-19 pushed prices to their lowest levels during the first quarter of the year, yet by the end of 2020, most underlying prices on the London Metal Exchange had bounced back to multi-year highs. Fastmarkets looks at why some metals outperformed others.http://www.metalbulletin.com/Article/3968804/2020-LME-BASE-METALS-PRICE-REVIEW-Cu-keeps-Covid-at-bay-rises-to-2013-levels-nickel-spurred-on-by-EV.htmlThu, 31 Dec 2020 16:50:00 GMTGlobal pig iron market stays strong at year end, but activity limitedThe global pig iron market remained strong, but activity was limited during the week to Thursday December 31 due to the end-of-year holiday period. http://www.metalbulletin.com/Article/3968945/Global-pig-iron-market-stays-strong-at-year-end-but-activity-limited.htmlThu, 31 Dec 2020 16:30:00 GMTGLOBAL LITHIUM SNAPSHOT: China lithium carbonate prices up more on tight availabilityChina’s spot prices for battery-grade lithium carbonate moved up further on tight supply, and deals were secured at even higher prices over the week Thursday December 31http://www.metalbulletin.com/Article/3968862/GLOBAL-LITHIUM-SNAPSHOT-China-lithium-carbonate-prices-up-more-on-tight-availability.htmlThu, 31 Dec 2020 16:16:00 GMTCIS STEEL BILLET: Market quiet during holiday periodThe export steel billet market in the Commonwealth of Independent States fell quiet on Thursday December 31 amid a pre-holiday lull in the region and in consumer markets, sources told Fastmarkets.http://www.metalbulletin.com/Article/3968866/CIS-STEEL-BILLET-Market-quiet-during-holiday-period.htmlThu, 31 Dec 2020 16:06:00 GMTQ4 iron ore DR pellet premium flat but will double in Q1 with lower Q2 correctionThe premium for direct-reduced (DR) iron ore pellet for the fourth quarter of 2020 was unchanged at $24 per tonne, but it will double in the first quarter of 2021 with a possible downward correction in the second quarter of 2021, sources told Fastmarkets.http://www.metalbulletin.com/Article/3968870/Q4-iron-ore-DR-pellet-premium-flat-but-will-double-in-Q1-with-lower-Q2-correction.htmlThu, 31 Dec 2020 16:05:00 GMTDAILY STEEL SCRAP: Turkish market remains silent due to holiday periodThe Turkish deep-sea ferrous scrap market continued to be quiet due to year-end holidays, sources said on Thursday December 31. http://www.metalbulletin.com/Article/3968884/DAILY-STEEL-SCRAP-Turkish-market-remains-silent-due-to-holiday-period.htmlThu, 31 Dec 2020 16:00:00 GMTLIVE FUTURES REPORT 31/12: LME base metals dip day on day but end year higher vs Jan 2020 Base metal prices on the London Metal Exchange edged lower at the close on Thursday December 31, with a number of participants still out of the market due to the holiday season. http://www.metalbulletin.com/Article/3968944/LIVE-FUTURES-REPORT-3112-LME-base-metals-dip-day-on-day-but-end-year-higher-vs-Jan-2020.htmlThu, 31 Dec 2020 15:46:00 GMTEGYPT STEEL BILLET, REBAR: All prices increase, but demand weakSteel billet and reinforcing bar prices have increased again in Egypt for the week ended Thursday December 31, but demand remains weak due to the year-end lull in business, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3968913/EGYPT-STEEL-BILLET-REBAR-All-prices-increase-but-demand-weak.htmlThu, 31 Dec 2020 15:27:00 GMTTURKEY FLAT STEEL: Prices continue incline on weak year-end buyingA correction has been issued for this article. http://www.metalbulletin.com/Article/3968882/TURKEY-FLAT-STEEL-Prices-continue-incline-on-weak-year-end-buying.htmlThu, 31 Dec 2020 15:10:00 GMTShanghai-bonded Al stocks dip 85% m-o-m; zinc inventory up 16% moreAluminium inventories in Shanghai-bonded warehouses had the sharpest drop aside from nickel after stocks were delivered to China on a persistently open arbitrage window, while stocks for copper and zinc continued rising amid no arbitrage opportunities and little activity.http://www.metalbulletin.com/Article/3968868/Shanghai-bonded-Al-stocks-dip-85-m-o-m-zinc-inventory-up-16-more.htmlThu, 31 Dec 2020 14:14:00 GMTPRICING NOTICE: Correction to iron ore implied pellet premium over 65% Fe Brazil-origin finesFastmarkets has corrected its weekly iron ore implied pellet premium over 65% Fe Brazil-origin fines index, which was published incorrectly on Thursday December 31 due to a calculation error.http://www.metalbulletin.com/Article/3968869/PRICING-NOTICE-Correction-to-iron-ore-implied-pellet-premium-over-65-Fe-Brazil-origin-fines.htmlThu, 31 Dec 2020 11:55:00 GMTPRICING NOTICE: Correction to iron ore 65% Fe Brazil-origin fines indexFastmarkets has corrected its daily iron ore 65% Fe Brazil-origin fines index, which was published incorrectly on Thursday December 31 due to a calculation error.http://www.metalbulletin.com/Article/3968867/PRICING-NOTICE-Correction-to-iron-ore-65-Fe-Brazil-origin-fines-index.htmlThu, 31 Dec 2020 11:50:00 GMTCOKING COAL DAILY: Seaborne prices flat; 2021 uncertainty remainsSeaborne coking coal prices across the board were relatively flat on Thursday December 31 due to a lack of trading during the day while market participants said that Chinese authorities’ policy on Australian coal remained a key factor influencing the 2021 spot market.http://www.metalbulletin.com/Article/3968860/COKING-COAL-DAILY-Seaborne-prices-flat-2021-uncertainty-remains.htmlThu, 31 Dec 2020 11:00:00 GMTBlister copper RC benchmark talks at final stage; level expected to riseDiscussions between Chinese copper smelter Jiangxi Copper and Zambian producer Chambishi on annual blister copper refining charges (RCs) for 2021 are at their final stage, with both sides expecting a rise in terms, Fastmarkets has learned.http://www.metalbulletin.com/Article/3968854/Blister-copper-RC-benchmark-talks-at-final-stage-level-expected-to-rise.htmlThu, 31 Dec 2020 10:45:00 GMTLIVE FUTURES 31/12: Base metal futures dip as US stimulus prospects fade, boost dollarLondon Metal Exchange base metal price futures prices all declined in morning trading on Thursday December 31, with lawmakers in the United States still at loggerheads regarding additional stimulus for the economy there.http://www.metalbulletin.com/Article/3968861/LIVE-FUTURES-3112-Base-metal-futures-dip-as-US-stimulus-prospects-fade-boost-dollar.htmlThu, 31 Dec 2020 10:42:00 GMTFOCUS: What are the differences in manganese ore ‘frozen stocks’ between 2020, 2019?The rapid and significant falls in manganese ore prices in 2019 and 2020 have created "frozen stocks," which are believed to have acted as a buffer for the ore market while also demonstrating some different characteristics over both years, sources told Fastmarkets.http://www.metalbulletin.com/Article/3968808/FOCUS-What-are-the-differences-in-manganese-ore-frozen-stocks-between-2020-2019.htmlThu, 31 Dec 2020 04:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from December 30Here are five Fastmarkets stories you might have missed on Wednesday December 30 that are worth another look.http://www.metalbulletin.com/Article/3968851/IN-CASE-YOU-MISSED-IT-5-key-stories-from-December-30.htmlThu, 31 Dec 2020 00:05:00 GMTUS rebar prices reach eight-year highSteel reinforcing bar prices in the United States climbed on Wednesday December 30 to a more than eight-year high as the market continued to accept the latest round of price increases, according to market participants. http://www.metalbulletin.com/Article/3968850/US-rebar-prices-reach-eight-year-high.htmlWed, 30 Dec 2020 21:40:00 GMTBASE METALS WARRANT REPORT 30/12A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday December 30.http://www.metalbulletin.com/Article/3968806/BASE-METALS-WARRANT-REPORT-3012.htmlWed, 30 Dec 2020 19:39:00 GMTDAILY STEEL SCRAP: Market silent during holiday periodThe Turkish deep-sea scrap market remained quiet due to the year-end holiday period, sources said on Wednesday December 30. http://www.metalbulletin.com/Article/3968802/DAILY-STEEL-SCRAP-Market-silent-during-holiday-period.htmlWed, 30 Dec 2020 17:45:00 GMTLIVE FUTURES REPORT 30/12: LME base metals little changed; volume low, market quietBase metals prices on the London Metal Exchange were little changed at the close on Wednesday December 30 amid low volumes and quiet market conditions.http://www.metalbulletin.com/Article/3968844/LIVE-FUTURES-REPORT-3012-LME-base-metals-little-changed-volume-low-market-quiet.htmlWed, 30 Dec 2020 17:32:00 GMTIran steel billet, slab export prices increase further on new dealsIran’s export prices for steel slab and billet increased again over the week to Wednesday December 30 following deals being secured at even higher prices over the week, Fastmarkets learned.http://www.metalbulletin.com/Article/3968803/Iran-steel-billet-slab-export-prices-increase-further-on-new-deals.htmlWed, 30 Dec 2020 16:00:00 GMTCHINA TUNGSTEN SNAPSHOT: APT export price flat on strong domestic pricesKey data from Fastmarkets’ pricing session in China on Wednesday December 30.http://www.metalbulletin.com/Article/3968749/CHINA-TUNGSTEN-SNAPSHOT-APT-export-price-flat-on-strong-domestic-prices.htmlWed, 30 Dec 2020 15:05:00 GMTPolish plate mill Huta Czestochowa gets new leaseholder [UPDATED]Corween Investments, the holding company for Liberty House, was given a lease for the insolvent Polish steel plate producer Huta Czestochowa earlier this week, sources told Fastmarkets on Wednesday December 30.http://www.metalbulletin.com/Article/3968771/Polish-plate-mill-Huta-Czestochowa-gets-new-leaseholder-[UPDATED].htmlWed, 30 Dec 2020 15:02:00 GMTHyundai EAF closures boost South Korea steel beam pricesClosures at Hyundai Steel's electric arc furnaces (EAFs) in Incheon have reduced supply and raised prices for steel beams in South Korea, a company spokesman told Fastmarkets.http://www.metalbulletin.com/Article/3968751/Hyundai-EAF-closures-boost-South-Korea-steel-beam-prices.htmlWed, 30 Dec 2020 12:54:00 GMTPRICING NOTICE: Correction to Shanghai copper premiums Dec 25, 28Fastmarkets has corrected its Shanghai copper cathode premiums, which were published in error on December 25 and December 28.http://www.metalbulletin.com/Article/3968757/PRICING-NOTICE-Correction-to-Shanghai-copper-premiums-Dec-25-28.htmlWed, 30 Dec 2020 12:40:00 GMTCOKING COAL DAILY: Market in wait-and-see mode before New YearSeaborne premium hard coking coal prices in the fob and cfr markets diverged slightly on Wednesday December 30 while market participants were in wait-and-see mode as the New Year approaches.http://www.metalbulletin.com/Article/3968754/COKING-COAL-DAILY-Market-in-wait-and-see-mode-before-New-Year.htmlWed, 30 Dec 2020 12:00:00 GMTLIVE FUTURES 30/12: Base metals trade sideways, market cools pre-New YearBase metal futures made minimal trade on Wednesday December 30 morning, with market participants expecting the market to remain sluggish until after China's New Year holidays in February, Fastmarkets heard.http://www.metalbulletin.com/Article/3968756/LIVE-FUTURES-3012-Base-metals-trade-sideways-market-cools-pre-New-Year.htmlWed, 30 Dec 2020 11:48:00 GMTTsingshan increases FeCr tender by $31/t for JanuaryChina’s leading stainless steel producer, Tsingshan Group, has increased its ferro-chrome tender price for January delivery by 200 yuan ($31) per tonne from the previous month.http://www.metalbulletin.com/Article/3968752/Tsingshan-increases-FeCr-tender-by-31t-for-January.htmlWed, 30 Dec 2020 10:24:00 GMTChina copper scrap discount grows with cargoes stranded at Chinese ports; some already rejectedShipments of copper scrap for import into China have been trading at a bigger discount in December, with many cargoes stranded at Chinese ports while customs officials carry out inspections under the new import policy.http://www.metalbulletin.com/Article/3968741/China-copper-scrap-discount-grows-with-cargoes-stranded-at-Chinese-ports-some-already-rejected.htmlWed, 30 Dec 2020 08:43:00 GMTSeaborne manganese ore prices hit 10-week highs on continued strength in portside ore, alloy marketsSeaborne prices of both low- and high-grade manganese ore in China continued to find support from persistent strength in the portside ore and alloy markets in the latest pricing period ended Tuesday December 29, despite the absence of some participants due to the Christmas holidays. http://www.metalbulletin.com/Article/3968742/Seaborne-manganese-ore-prices-hit-10-week-highs-on-continued-strength-in-portside-ore-alloy-markets.htmlWed, 30 Dec 2020 08:02:00 GMTMANGANESE ORE ANALYTICS: December 29, 2020The latest data for the global manganese ore market for the week ended December 29, 2020.http://www.metalbulletin.com/Article/3968743/MANGANESE-ORE-ANALYTICS-December-29-2020.htmlWed, 30 Dec 2020 07:00:00 GMTPRICING NOTICE: Proposal to amend cfr Southeast Asia steel billet price specificationsFastmarkets proposes to make two amendments to the specifications of its daily price for steel billet, import, cfr Southeast Asia. http://www.metalbulletin.com/Article/3968580/PRICING-NOTICE-Proposal-to-amend-cfr-Southeast-Asia-steel-billet-price-specifications.htmlWed, 30 Dec 2020 03:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from December 29Here are five Fastmarkets stories you might have missed on Tuesday December 29 that are worth another look.http://www.metalbulletin.com/Article/3968734/IN-CASE-YOU-MISSED-IT-5-key-stories-from-December-29.htmlWed, 30 Dec 2020 00:05:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 29/12A summary of base metals premiums from across the globe for the week to Tuesday December 29.http://www.metalbulletin.com/Article/3968720/WEEKLY-BASE-METAL-PREMIUMS-REPORT-2912.htmlTue, 29 Dec 2020 20:14:00 GMTCIS LONG STEEL: Prices up again on strong market fundamentalsExport prices for long steel products from the Commonwealth of Independent States (CIS) rose again during the week to Tuesday December 29 amid strong market fundamentals. http://www.metalbulletin.com/Article/3968725/CIS-LONG-STEEL-Prices-up-again-on-strong-market-fundamentals.htmlTue, 29 Dec 2020 19:04:00 GMTTurkey to start anti-dumping investigation against HRC from EU, sources sayTurkey’s Ministry of Trade will start an anti-dumping investigation against hot-rolled coil imports from the European Union, Turkish sources told Fastmarkets on Tuesday December 29. http://www.metalbulletin.com/Article/3968724/Turkey-to-start-anti-dumping-investigation-against-HRC-from-EU-sources-say.htmlTue, 29 Dec 2020 18:48:00 GMTLIVE FUTURES REPORT 29/12: Tin reaches new 2020 high; zinc drops 2%The three-month tin price on the London Metal Exchange reached a new 2020 high, while zinc’s forward price saw a 2% slump and the rest of the base metals were mixed at the 5pm close on Tuesday December 29.http://www.metalbulletin.com/Article/3968721/LIVE-FUTURES-REPORT-2912-Tin-reaches-new-2020-high-zinc-drops-2.htmlTue, 29 Dec 2020 17:57:00 GMTQ1 2021 MJP aluminium premium settles at $130/t - up nearly 48% from Q4 '20Fastmarkets’ premium for the supply of aluminium to main Japanese ports (MJP) in the first quarter of 2021 has settled at $130 per tonne, its highest since the third quarter of 2018.http://www.metalbulletin.com/Article/3968597/Q1-2021-MJP-aluminium-premium-settles-at-130t-up-nearly-48-from-Q4-20.htmlTue, 29 Dec 2020 17:26:00 GMTChina portside manganese ore prices maintain uptrend despite thin tradingPortside prices of both low and high-grade manganese ore in China made further rises in the week to Tuesday December 29 on an evident increase in offer prices amid persistently strengthening silico-manganese markets, sources told Fastmarkets.http://www.metalbulletin.com/Article/3968592/China-portside-manganese-ore-prices-maintain-uptrend-despite-thin-trading.htmlTue, 29 Dec 2020 16:30:00 GMTRUSSIA FLAT STEEL: Prices continue incline on shortage, rising exportsDomestic flat steel prices in Russia’s Central Federal District around Moscow continued to rise in the week to Tuesday December 29 due to a shortage of material, strong export market prices and higher buying activity, sources told Fastmarkets.http://www.metalbulletin.com/Article/3968576/RUSSIA-FLAT-STEEL-Prices-continue-incline-on-shortage-rising-exports.htmlTue, 29 Dec 2020 15:24:00 GMTChile to hit peak copper output at 7.35 mln tonnes in 2028 - CochilcoChile is set to reach its peak total copper production in 2028 at 7.35 million tonnes, a 26.9% increase from 5.79 million tonnes in 2019, the country’s copper commission, Cochilco, said in its 2020-2031 outlook on Tuesday December 29.http://www.metalbulletin.com/Article/3968590/Chile-to-hit-peak-copper-output-at-735-mln-tonnes-in-2028-Cochilco.htmlTue, 29 Dec 2020 14:58:00 GMTIRON ORE DAILY: Cold wave cools down trading sentimentSeaborne iron ore prices declined again on Tuesday December 29 due to the cold wave in China suppressing operations at ports and leading to weakened steel demand, sources said. http://www.metalbulletin.com/Article/3968579/IRON-ORE-DAILY-Cold-wave-cools-down-trading-sentiment.htmlTue, 29 Dec 2020 11:38:00 GMTChina determined to build clean, diversified energy supply systemA whitepaper published by the Chinese government on December 21 entitled “Energy in China’s New Era” underlines Beijing’s determination for the development of a green, low-carbon and sustainable energy sector.http://www.metalbulletin.com/Article/3968575/China-determined-to-build-clean-diversified-energy-supply-system.htmlTue, 29 Dec 2020 10:40:00 GMTCOKING COAL DAILY: Premium fob index up amid positive outlookThe premium hard coking coal fob price edged up further on Tuesday December 29 after transactions concluded at higher prices late on Monday while in the cfr market, the hard coking coal price rose by $1 per tonne following the recent increase in the premium hard coking coal cfr price, sources said.http://www.metalbulletin.com/Article/3968577/COKING-COAL-DAILY-Premium-fob-index-up-amid-positive-outlook.htmlTue, 29 Dec 2020 10:25:00 GMTLIVE FUTURES REPORT 29/12: Al, Ni down by over 1%; LME complex mixedBase metals futures prices on the London Metal Exchange were mixed on Tuesday December 29 morning, with slight gains for copper and nickel but decreases for aluminium and zinc with uncertainty still looming over the United States' coronavirus stimulus checks.http://www.metalbulletin.com/Article/3968574/LIVE-FUTURES-REPORT-2912-Al-Ni-down-by-over-1-LME-complex-mixed.htmlTue, 29 Dec 2020 10:10:00 GMTCHINA HRC: Prices continue decline amid thin tradingChina’s hot-rolled coil (HRC) prices have continued to fall since reaching a new annual peak on December 22 amid thin trading, sources told Fastmarkets on Tuesday December 29.http://www.metalbulletin.com/Article/3968573/CHINA-HRC-Prices-continue-decline-amid-thin-trading.htmlTue, 29 Dec 2020 09:40:00 GMTCHINA REBAR: Domestic prices stop rising on bearish sentimentChina’s domestic rebar prices halted their upward trend on Tuesday December 29 on market participants’ pessimistic outlook for end user demand, Fastmarkets heard.http://www.metalbulletin.com/Article/3968570/CHINA-REBAR-Domestic-prices-stop-rising-on-bearish-sentiment.htmlTue, 29 Dec 2020 09:25:00 GMTIN FIGURES: China November 2020 battery raw materials exportsA summary of China’s battery raw materials exports for November 2020.http://www.metalbulletin.com/Article/3968572/IN-FIGURES-China-November-2020-battery-raw-materials-exports.htmlTue, 29 Dec 2020 09:10:00 GMTCME's Fastmarkets-linked cobalt contract trades for first timeThe CME Group’s cash-settled cobalt futures contract, which is tied to Fastmarkets’ daily benchmark price assessment for the metal, was traded for the first time on Monday December 28. http://www.metalbulletin.com/Article/3968569/CMEs-Fastmarkets-linked-cobalt-contract-trades-for-first-time.htmlTue, 29 Dec 2020 08:40:00 GMTIN CASE YOU MISSED IT: 5 key stories from December 28Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.http://www.metalbulletin.com/Article/3968567/IN-CASE-YOU-MISSED-IT-5-key-stories-from-December-28.htmlTue, 29 Dec 2020 00:05:00 GMTRussia considers export duties on steel billet, rebarThe Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard on Monday December 28.http://www.metalbulletin.com/Article/3968552/Russia-considers-export-duties-on-steel-billet-rebar.htmlMon, 28 Dec 2020 18:12:00 GMTEgyptian rebar producers raise prices by $58-64 per tonneEgyptian rebar producers raised their prices by Egyptian £900-1,000 ($58-64) per tonne, effective Sunday December 27.http://www.metalbulletin.com/Article/3968550/Egyptian-rebar-producers-raise-prices-by-58-64-per-tonne.htmlMon, 28 Dec 2020 17:29:00 GMTMJP aluminium stocks decline by 20.9% y-o-y in November Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 20.9% year on year at the end of November, according to data released on Friday December 25 by major Japanese trading house Marubeni Corp. http://www.metalbulletin.com/Article/3968547/MJP-aluminium-stocks-decline-by-209-y-o-y-in-November.htmlMon, 28 Dec 2020 17:14:00 GMTChina's SRB likely to conduct another round of cobalt stockpilingChina’s State Reserve Bureau (SRB) is likely to conduct another round of cobalt metal stockpiling, sources close to the matter told Fastmarkets.http://www.metalbulletin.com/Article/3968537/Chinas-SRB-likely-to-conduct-another-round-of-cobalt-stockpiling.htmlMon, 28 Dec 2020 16:05:00 GMTChina’s coking coal imports down 39.7% in NovemberChina imported 3.72 million tonnes of coking coal in November, down 39.7% from 6.17 million tonnes a year earlier, Chinese customs data showed.http://www.metalbulletin.com/Article/3968544/Chinas-coking-coal-imports-down-397-in-November.htmlMon, 28 Dec 2020 15:54:00 GMTPRICING NOTICE: Decision to change publication day of China minor metals pricesFollowing a consultation period, Fastmarkets will change the publication day of its four China minor metals price assessments from Wednesday to Friday, 2-3pm London time. http://www.metalbulletin.com/Article/3968538/PRICING-NOTICE-Decision-to-change-publication-day-of-China-minor-metals-prices.htmlMon, 28 Dec 2020 15:26:00 GMTCOKING COAL DAILY: Premium prices rise on transactions concluded at higher pricesPremium hard coking coal prices in fob and cfr markets rose on Monday December 28 after transactions were sealed at higher prices.http://www.metalbulletin.com/Article/3968545/COKING-COAL-DAILY-Premium-prices-rise-on-transactions-concluded-at-higher-prices.htmlMon, 28 Dec 2020 14:44:00 GMTIRON ORE DAILY: Prices down amid weekend decrease in steel pricesSeaborne iron ore prices declined on Monday December 28 due to a downtrend in steel prices over the weekend and cold-weather concerns in China, sources said. http://www.metalbulletin.com/Article/3968546/IRON-ORE-DAILY-Prices-down-amid-weekend-decrease-in-steel-prices.htmlMon, 28 Dec 2020 13:58:00 GMTNEW ENERGY MATERIALS MARKET REPORT 25/12: Nickel sulfate price retreats amid volatile LME nickel pricesAn overview of the new energy raw materials markets and their latest price moves.http://www.metalbulletin.com/Article/3968532/NEW-ENERGY-MATERIALS-MARKET-REPORT-2512-Nickel-sulfate-price-retreats-amid-volatile-LME-nickel-prices.htmlMon, 28 Dec 2020 05:25:00 GMTSHFE STOCKS REPORT 25/12: Zinc stocks down 20.3%; aluminium inventory rises 5.9%Zinc stocks in Shanghai Futures Exchange-registered warehouses registered the biggest falls in the week to Friday December 25, while aluminium inventory levels rose by the most in percentage terms.http://www.metalbulletin.com/Article/3968526/SHFE-STOCKS-REPORT-2512-Zinc-stocks-down-203-aluminium-inventory-rises-59.htmlMon, 28 Dec 2020 04:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from December 24Here are five Fastmarkets stories you might have missed on Thursday December 24 that are worth another look.http://www.metalbulletin.com/Article/3968518/IN-CASE-YOU-MISSED-IT-5-key-stories-from-December-24.htmlFri, 25 Dec 2020 00:05:00 GMTUS hot-rolled coil index continues at historic highsHot-rolled coil prices in the United States continue at record highs, with tags at or above $50 per hundredweight ($1,000 per short ton) - a level last seen during the bull rush of 2008. http://www.metalbulletin.com/Article/3968525/US-hot-rolled-coil-index-continues-at-historic-highs.htmlThu, 24 Dec 2020 21:25:00 GMTBrazilian slab export prices rise as sellers probe new levelsBrazilian slab export prices rose this past week, when sellers increased offers in an attempt to achieve higher price levels.http://www.metalbulletin.com/Article/3968517/Brazilian-slab-export-prices-rise-as-sellers-probe-new-levels.htmlThu, 24 Dec 2020 20:41:00 GMTUK STEEL SCRAP WEEKLY: 5C market consolidates gains ahead of holidaysThe British light iron market was steady over the week to Wednesday December 23 as trading activity slowed ahead of the Christmas and New Year holidays, with many traders already off work, trade sources told Fastmarkets.http://www.metalbulletin.com/Article/3968195/UK-STEEL-SCRAP-WEEKLY-5C-market-consolidates-gains-ahead-of-holidays.htmlThu, 24 Dec 2020 19:35:00 GMTFlat steel import prices soar in South America on China’s strengthImport prices for flat-rolled steel products in South America continued their nearly three-month uptrend as Chinese material was presented at higher levels for March 2021 and April 2021 shipments following ongoing domestic strength.http://www.metalbulletin.com/Article/3968481/Flat-steel-import-prices-soar-in-South-America-on-Chinas-strength.htmlThu, 24 Dec 2020 19:24:00 GMTEGYPT STEEL BILLET, REBAR: Prices continue to increase, demand moderate for rebarSteel billet and rebar prices have increased again in Egypt in the week to Thursday December 24, with demand for rebar said to be moderate because of restocking, market sources told Fastmarkets.http://www.metalbulletin.com/Article/3968464/EGYPT-STEEL-BILLET-REBAR-Prices-continue-to-increase-demand-moderate-for-rebar.htmlThu, 24 Dec 2020 18:47:00 GMTLIVE FUTURES REPORT 24/12: UK deal, US no-deal leaves metal markets stable on Christmas EveBase metal futures markets on the London Metal Exchange saw gains for aluminium, zinc and nickel, while copper prices fell amid illiquid trading on Thursday December 24.http://www.metalbulletin.com/Article/3968478/LIVE-FUTURES-REPORT-2412-UK-deal-US-no-deal-leaves-metal-markets-stable-on-Christmas-Eve.htmlThu, 24 Dec 2020 18:46:00 GMTTURKEY COATED FLAT STEEL: Local HDG prices increase further, demand strongHot-dipped galvanized coil prices continued to increase in Turkey’s local market in the week to Thursday December 24, while demand was good because of low stock levels following a recent shortage of coated supply, when some producers had limited hot-rolled coil feedstock, sources told Fastmarkets.http://www.metalbulletin.com/Article/3968396/TURKEY-COATED-FLAT-STEEL-Local-HDG-prices-increase-further-demand-strong.htmlThu, 24 Dec 2020 18:35:00 GMTSOUTH ASIA STEEL SCRAP: Import prices jump following international price trend The price of shredded steel scrap imported jumped over the week to Thursday December 24 due to the uptrend in the international market, sources told Fastmarkets. http://www.metalbulletin.com/Article/3968389/SOUTH-ASIA-STEEL-SCRAP-Import-prices-jump-following-international-price-trend.htmlThu, 24 Dec 2020 17:34:00 GMTTURKEY FLAT STEEL: Steady buying appetite supports further price gains Market participants reported healthy demand for flat steel in the Turkish market in the week to Thursday December 24 with buyers securing material ahead of expected further price increases. http://www.metalbulletin.com/Article/3968394/TURKEY-FLAT-STEEL-Steady-buying-appetite-supports-further-price-gains.htmlThu, 24 Dec 2020 17:27:00 GMTUK, EU reach Brexit deal ensuring tariff-free trade The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal transition period ends, easing metals and minerals market participants’ fears of logistics paralysis and material shortages. http://www.metalbulletin.com/Article/3968468/UK-EU-reach-Brexit-deal-ensuring-tariff-free-trade.htmlThu, 24 Dec 2020 16:52:00 GMTCIS STEEL BILLET: Prices climb despite limited buying activityOffers for steel billet from the Commonwealth of Independent States remained high this week despite buying activity only really being seen in Turkey, sources told Fastmarkets on Thursday December 24.http://www.metalbulletin.com/Article/3968385/CIS-STEEL-BILLET-Prices-climb-despite-limited-buying-activity.htmlThu, 24 Dec 2020 16:43:00 GMTGLOBAL LITHIUM SNAPSHOT: Chinese battery-grade carbonate price widens up; bullish outlook for JanKey pricing data from the pricing sessions in Europe and Asia for the week ended December 24.http://www.metalbulletin.com/Article/3968466/GLOBAL-LITHIUM-SNAPSHOT-Chinese-battery-grade-carbonate-price-widens-up-bullish-outlook-for-Jan.htmlThu, 24 Dec 2020 16:21:00 GMTDAILY STEEL SCRAP: Mills book more cargoes at slightly higher pricesTurkish steel producers have continued to pay higher prices for deep-sea scrap cargoes before the end-of-year holiday season, sources said on Thursday December 24. http://www.metalbulletin.com/Article/3968384/DAILY-STEEL-SCRAP-Mills-book-more-cargoes-at-slightly-higher-prices.htmlThu, 24 Dec 2020 16:00:00 GMTContainer shortages, logistics bottlenecks further underpin cobalt hydroxide market Slow port operations at Durban in South Africa and limited container space are helping to keep cobalt hydroxide payables underpinned at their highest in at least two years on Thursday December 24. http://www.metalbulletin.com/Article/3968365/Container-shortages-logistics-bottlenecks-further-underpin-cobalt-hydroxide-market.htmlThu, 24 Dec 2020 15:51:00 GMTMMG to cut output at Las Bambas copper mine in Peru if blockades continueCopper production at Las Bambas, one of Peru’s largest mines, may need to be cut from this week if a road blockade continues to prevent concentrates reaching Matarani port, parent company MMG said on Thursday December 24. http://www.metalbulletin.com/Article/3968373/MMG-to-cut-output-at-Las-Bambas-copper-mine-in-Peru-if-blockades-continue.htmlThu, 24 Dec 2020 15:09:00 GMTPOLAND REBAR: Price continues to surge despite impending holiday seasonThe domestic steel rebar price in Poland increased sharply in the week to Thursday December 24, driven by a shortage of raw materials, with further rises expected in January, sources told Fastmarkets. http://www.metalbulletin.com/Article/3968352/POLAND-REBAR-Price-continues-to-surge-despite-impending-holiday-season.htmlThu, 24 Dec 2020 14:45:00 GMTCOPPER CONCS SNAPSHOT: TC/RCs rebound to six-month high Spot market copper concentrate treatment and refining charges (TC/RCs) rose by around 5% in the week ending Thursday December 24 with smelters better supplied for the first quarter. http://www.metalbulletin.com/Article/3968366/COPPER-CONCS-SNAPSHOT-TCRCs-rebound-to-six-month-high.htmlThu, 24 Dec 2020 11:50:00 GMTIRON ORE DAILY: Prices move up again on decrease in steel inventoriesIron ore prices began to rise again on Thursday December 24, sources said, supported by falling steel inventories in China. http://www.metalbulletin.com/Article/3968358/IRON-ORE-DAILY-Prices-move-up-again-on-decrease-in-steel-inventories.htmlThu, 24 Dec 2020 11:18:00 GMTChina's CSPT drops quarterly buying guidance for copper concentrate by 8.6% China's Copper Smelters Purchase Team (CSPT) has set its first-quarter copper concentrate treatment and refining charge (TC/RC) buying floor at $53 per tonne / 5.3 cents per lb, down from $58 / 5.8 cents for the fourth quarter, sources told Fastmarkets. http://www.metalbulletin.com/Article/3968356/Chinas-CSPT-drops-quarterly-buying-guidance-for-copper-concentrate-by-86.htmlThu, 24 Dec 2020 11:00:00 GMTLIVE FUTURES REPORT 24/12: LME aluminium, zinc and nickel make gains as markets digest stimulus, Brexit news The London Metal Exchange three-month aluminium, nickel and zinc prices all rose by over 1% in morning trading on Thursday December 24, with the market weighing likely deals on US coronavirus relief funds and Brexit against the renewed pandemic spread across Europe. http://www.metalbulletin.com/Article/3968360/LIVE-FUTURES-REPORT-2412-LME-aluminium-zinc-and-nickel-make-gains-as-markets-digest-stimulus-Brexit.htmlThu, 24 Dec 2020 10:49:00 GMTCOKING COAL DAILY: Premium cfr price rises again after new deals are sealed at higher pricesThe cfr price for seaborne premium hard coking coal edged up further on Thursday December 24, with new transactions sealed at higher prices. http://www.metalbulletin.com/Article/3968353/COKING-COAL-DAILY-Premium-cfr-price-rises-again-after-new-deals-are-sealed-at-higher-prices.htmlThu, 24 Dec 2020 10:18:00 GMTTAIWAN STEEL SCRAP: Prices continue bull run ahead of Christmas holidayImport prices for containerized ferrous scrap into Taiwan continued on an uptrend in the week to Thursday December 24 amid limited supply and strong demand. http://www.metalbulletin.com/Article/3968130/TAIWAN-STEEL-SCRAP-Prices-continue-bull-run-ahead-of-Christmas-holiday.htmlThu, 24 Dec 2020 10:05:00 GMTChina to cut tariffs on Mongolian coke, semi-coke to 2.5% from 2021 The Tariff Department at China's Ministry of Finance is to reduce or cancel tariffs on certain imported goods from January 1, 2021, including coke and semi-coke from Mongolia. http://www.metalbulletin.com/Article/3968348/China-to-cut-tariffs-on-Mongolian-coke-semi-coke-to-25-from-2021.htmlThu, 24 Dec 2020 09:20:00 GMTSamarco resumes pellet production following restart of ops at Ubu site, BHP says Samarco has resumed the production of iron ore pellets following a restart of operations at its Ubu complex in Brazil’s Espírito Santo state, BHP said on Thursday December 24. http://www.metalbulletin.com/Article/3968344/Samarco-resumes-pellet-production-following-restart-of-ops-at-Ubu-site-BHP-says.htmlThu, 24 Dec 2020 09:20:00 GMTMORNING VIEW: Base metals prices mixed, but dips generally continue to find supportBase metals prices on the Shanghai Futures Exchange were up across the board this morning, Thursday December 24, while those on the London Metal Exchange were mixed.http://www.metalbulletin.com/Article/3968343/MORNING-VIEW-Base-metals-prices-mixed-but-dips-generally-continue-to-find-support.htmlThu, 24 Dec 2020 07:56:00 GMTIN CASE YOU MISSED IT: 5 key stories from December 23Here are five Fastmarkets stories you might have missed on Wednesday December 23 that are worth another look.http://www.metalbulletin.com/Article/3968326/IN-CASE-YOU-MISSED-IT-5-key-stories-from-December-23.htmlThu, 24 Dec 2020 00:05:00 GMTUS hot-rolled coil index tops $50/cwt on short supplyHot-rolled coil prices in the United States have moved above $50 per hundredweight ($1,000 per short ton) for the first time since early September 2008 thanks to a continuing supply shortage. http://www.metalbulletin.com/Article/3968327/US-hot-rolled-coil-index-tops-50cwt-on-short-supply.htmlWed, 23 Dec 2020 22:55:00 GMTEUROPE HDG: Prices continue higher with producers offering April-May material on prompt shortages Domestic European prices for hot-dipped galvanized coil rose in the week to Wednesday December 23, with market sources wary of further rises into the new year on material shortages. http://www.metalbulletin.com/Article/3968306/EUROPE-HDG-Prices-continue-higher-with-producers-offering-April-May-material-on-prompt-shortages.htmlWed, 23 Dec 2020 18:31:00 GMTLIVE FUTURES REPORT 23/12: Nickel leads recovery in LME forward prices There were slight rises across the London Metals Exchange base metals complex on Wednesday December 23, led by a 1.5% uptick in nickel, after they dropped collectively earlier in the week following news of the rapid spread of a new strain of the Covid-19 virus in the United Kingdom. http://www.metalbulletin.com/Article/3968304/LIVE-FUTURES-REPORT-2312-Nickel-leads-recovery-in-LME-forward-prices.htmlWed, 23 Dec 2020 18:05:00 GMTEUROPE SECTIONS: Prices again pulled higher by surging HRC costs The price of steel hollow sections in the European domestic market increased sharply because of rapidly rising feedstock hot-rolled coil prices, sources told Fastmarkets on Wednesday December 23. http://www.metalbulletin.com/Article/3968302/EUROPE-SECTIONS-Prices-again-pulled-higher-by-surging-HRC-costs.htmlWed, 23 Dec 2020 17:56:00 GMTMEIS 2020: Egypt rebar demand could tumble further in 2021 on construction limits – El Marakby SteelA correction has been issued for this article. http://www.metalbulletin.com/Article/3968228/MEIS-2020-Egypt-rebar-demand-could-tumble-further-in-2021-on-construction-limitsEl-Marakby-Steel.htmlWed, 23 Dec 2020 17:42:00 GMTEUROPE BEAMS: Prices jump on surging ferrous scrap costsSteel H-beam prices in the European domestic market were pulled substantially higher this week by the rapid and sustained increases in ferrous scrap costs, sources told Fastmarkets on Wednesday December 23. http://www.metalbulletin.com/Article/3968233/EUROPE-BEAMS-Prices-jump-on-surging-ferrous-scrap-costs.htmlWed, 23 Dec 2020 16:56:00 GMTCONSUMER ELECTRONICS MARKET REPORT 23/12: Lithium carbonate rises on material shortage, higher offersAn overview of the consumer electronics markets and their latest price moves.http://www.metalbulletin.com/Article/3968234/CONSUMER-ELECTRONICS-MARKET-REPORT-2312-Lithium-carbonate-rises-on-material-shortage-higher-offers.htmlWed, 23 Dec 2020 16:55:00 GMTSPECIALTY STEEL RAW MATERIALS MARKET REPORT 23/12: Titanium rally continues on tight scrap supplyAn overview of the specialty steel raw materials markets in Europe and their latest price moves.http://www.metalbulletin.com/Article/3968175/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-2312-Titanium-rally-continues-on-tight-scrap-supply.htmlWed, 23 Dec 2020 16:40:00 GMTTITANIUM SNAPSHOT: FeTi rallies to 8-year high, scrap also upKey data from Fastmarkets’ pricing session in Europe on Wednesday December 23.http://www.metalbulletin.com/Article/3968181/TITANIUM-SNAPSHOT-FeTi-rallies-to-8-year-high-scrap-also-up.htmlWed, 23 Dec 2020 16:32:00 GMTMANGANESE ORE ANALYTICS: December 21, 2020The latest data for the global manganese ore market for the week ended December 21, 2020.http://www.metalbulletin.com/Article/3968194/MANGANESE-ORE-ANALYTICS-December-21-2020.htmlWed, 23 Dec 2020 16:04:00 GMTIran semi-finished steel export prices hit new multi-year highs on climbing scrap costs Iran’s export prices for steel slab and billet rose over the week to Wednesday December 23 amid higher raw material prices and a shortage of semi-finished products globally. http://www.metalbulletin.com/Article/3968176/Iran-semi-finished-steel-export-prices-hit-new-multi-year-highs-on-climbing-scrap-costs.htmlWed, 23 Dec 2020 15:54:00 GMTCodelco locks in bigger volumes for 2021 copper contracts; cites US, China as hotspots Chilean state copper producer Codelco has increased the volumes sold into annual cathode supply contracts for 2021, its chief commercial officer Carlos Alvarado told Fastmarkets this week. http://www.metalbulletin.com/Article/3968169/Codelco-locks-in-bigger-volumes-for-2021-copper-contracts-cites-US-China-as-hotspots.htmlWed, 23 Dec 2020 15:38:00 GMTNORTHERN EUROPE WIRE ROD: Prices hit new highs; mills sit on Q1 volumes while awaiting clarity on scrapDomestic prices for steel mesh-quality wire rod in the north of Europe jumped in the latest bookings, driven higher by ruses in feedstock prices rises and increasing tightness.http://www.metalbulletin.com/Article/3968165/NORTHERN-EUROPE-WIRE-ROD-Prices-hit-new-highs-mills-sit-on-Q1-volumes-while-awaiting-clarity-on-scrap.htmlWed, 23 Dec 2020 14:25:00 GMTSOUTHERN EUROPE WIRE ROD: Mills stay away from unpredictable market; January price surge expectedSteel mesh-quality wire rod producers in the south of Europe have preferred to stay away from the market and have so far declined to make firm offers for January.http://www.metalbulletin.com/Article/3968163/SOUTHERN-EUROPE-WIRE-ROD-Mills-stay-away-from-unpredictable-market-January-price-surge-expected.htmlWed, 23 Dec 2020 14:15:00 GMTEUROPE REBAR: Prices jump in north, south; new rises likely in JanuaryDomestic rebar prices across the EU have increased sharply in the week to Wednesday December 23, driven higher by soaring scrap values and limited supply, market sources told Fastmarkets on December 23. http://www.metalbulletin.com/Article/3968157/EUROPE-REBAR-Prices-jump-in-north-south-new-rises-likely-in-January.htmlWed, 23 Dec 2020 14:04:00 GMTEurope FeCr prices rise on firmer demand, higher transport costsThe price paid both for low-carbon and high-carbon ferro-chrome have strengthened amid persistent worries about soaring international freight costs.http://www.metalbulletin.com/Article/3968164/Europe-FeCr-prices-rise-on-firmer-demand-higher-transport-costs.htmlWed, 23 Dec 2020 13:35:00 GMTIRON ORE DAILY: Seaborne prices dip further after downturn in futuresSeaborne iron prices fell further on Wednesday December 23, in response to the downtrend in futures and rising rebar inventories in northern China. http://www.metalbulletin.com/Article/3968149/IRON-ORE-DAILY-Seaborne-prices-dip-further-after-downturn-in-futures.htmlWed, 23 Dec 2020 11:54:00 GMTJAPAN STEEL SCRAP: Sellers look to domestic markets for higher marginsSellers of Japanese scrap are looking to the domestic market instead of exports because of the higher margins that can be found there, market participants told Fastmarkets on Wednesday December 23.http://www.metalbulletin.com/Article/3968132/JAPAN-STEEL-SCRAP-Sellers-look-to-domestic-markets-for-higher-margins.htmlWed, 23 Dec 2020 11:29:00 GMTMEIS2020: Export demand for Turkish steel ‘strong’ despite recent regulatory changesDemand for Turkish steel remains robust in export destinations despite the recent strengthening of trading regulations, speakers at Fastmarkets’ Middle East Iron and Steel virtual conference Turkey panel session on Thursday December 17 said.http://www.metalbulletin.com/Article/3968143/MEIS2020-Export-demand-for-Turkish-steel-strong-despite-recent-regulatory-changes.htmlWed, 23 Dec 2020 11:10:00 GMTMEIS2020: China’s next move on steel scrap imports will move global markets, Turkey panelists say China resuming steel scrap imports in 2021 will directly affect global steel markets because of supply shortages, speakers on the Turkey panel at Fastmarkets’ recent Middle East Iron and Steel virtual conference said. http://www.metalbulletin.com/Article/3968144/MEIS2020-Chinas-next-move-on-steel-scrap-imports-will-move-global-markets-Turkey-panelists-say.htmlWed, 23 Dec 2020 10:47:00 GMTWorld crude steel production shrugs off pandemic effects to rise 6.6% in NovWorld crude steel production increased by 6.6% year on year in November, with China, Germany and Ukraine posting the largest increases.http://www.metalbulletin.com/Article/3968127/World-crude-steel-production-shrugs-off-pandemic-effects-to-rise-66-in-Nov.htmlWed, 23 Dec 2020 10:09:00 GMTCHINA HRC: Prices tumble after iron ore begins to slide China’s hot-rolled coil prices tumbled on Wednesday December 23 - having hit a 12-year high earlier this week - after a significant downturn in iron ore values. http://www.metalbulletin.com/Article/3968138/CHINA-HRC-Prices-tumble-after-iron-ore-begins-to-slide.htmlWed, 23 Dec 2020 10:05:00 GMTNEWSBREAK: China to lower import tariff on certain nickel products from 2021China will reduce the provisional import tariff on non-alloyed nickel, unwrought, with harmonized system code of 75021090, from January 1, 2021, the Customs Tariff Commission of China’s State Council said on Wednesday December 23. http://www.metalbulletin.com/Article/3968140/NEWSBREAK-China-to-lower-import-tariff-on-certain-nickel-products-from-2021.htmlWed, 23 Dec 2020 10:05:00 GMTNEWSBREAK: China to end 2% import duty on ferrous scrap, reinstate most-favored-nation rates in 2021China will remove its 2% import tax rate on ferrous scrap and will revive its most-favored-nation (MFN) duty rate system from January 1, according to a notice released by its Ministry of Finance on Wednesday December 23.http://www.metalbulletin.com/Article/3968142/NEWSBREAK-China-to-end-2-import-duty-on-ferrous-scrap-reinstate-most-favored-nation-rates-in-2021.htmlWed, 23 Dec 2020 10:00:00 GMTLIVE FUTURES REPORT 23/12: Zinc leads slight gains on LME after two days of lossesBase metals recovered some lost ground in non-descript trading on the morning of Wednesday December 23 on the London Metal Exchange, with zinc rising the most after two days of losses caused by the news of a new Covid-19 variant damaging sentiment.http://www.metalbulletin.com/Article/3968139/LIVE-FUTURES-REPORT-2312-Zinc-leads-slight-gains-on-LME-after-two-days-of-losses.htmlWed, 23 Dec 2020 09:55:00 GMT