Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2020 MB60Top StoriesUS Midwest aluminium premium logs record jump on Section 232 newsThe Midwest aluminium premium soared by 5 cents on Friday August 7, logging its largest increase since Fastmarkets began assessing this premium in January 2003, with traders boosting offers on replacement cost considerations after the US reintroduced Section 232 tariffs on Canadian aluminium.http://www.metalbulletin.com/Article/3945650/US-Midwest-aluminium-premium-logs-record-jump-on-Section-232-news.htmlFri, 07 Aug 2020 20:35:00 GMTBrazilian slab price over $400 as producers seek more risesBrazilian slab export prices increased in the week ended Friday August 7, with recent deals closed at higher levels and producers trying to push for new price increases in the next few weeks. http://www.metalbulletin.com/Article/3945641/Brazilian-slab-price-over-400-as-producers-seek-more-rises.htmlFri, 07 Aug 2020 19:25:00 GMTGLOBAL MANGANESE SNAPSHOT: Ore buying spree continues; prices show slight gainsKey data from the pricing sessions in Asia, Europe and the United States for the week ending Friday August 7. http://www.metalbulletin.com/Article/3945625/GLOBAL-MANGANESE-SNAPSHOT-Ore-buying-spree-continues-prices-show-slight-gains.htmlFri, 07 Aug 2020 19:08:00 GMTUS PIG IRON: Spot market still dead on low utilization rates No negotiations were again reported in the United States’ spot pig iron market during the week ended Friday August 7, because steel mills’ utilization rates remained low, Fastmarkets understands.http://www.metalbulletin.com/Article/3945623/US-PIG-IRON-Spot-market-still-dead-on-low-utilization-rates.htmlFri, 07 Aug 2020 18:44:00 GMTEUROPE STAINLESS STEEL: Prices stable despite higher surchargesEuropean stainless steel prices have remained stable over the past week due to the seasonal demand slowdown, sources told Fastmarkets on Friday August 7. http://www.metalbulletin.com/Article/3945635/EUROPE-STAINLESS-STEEL-Prices-stable-despite-higher-surcharges.htmlFri, 07 Aug 2020 18:43:00 GMTEUROPE ALLOY STEEL SCRAP: UK prices inch up on higher nickel costsEuropean domestic prices for stainless steel scrap have increased over the past week, supported by the higher cost of nickel, sources told Fastmarkets on Friday August 7. http://www.metalbulletin.com/Article/3945617/EUROPE-ALLOY-STEEL-SCRAP-UK-prices-inch-up-on-higher-nickel-costs.htmlFri, 07 Aug 2020 18:30:00 GMTSouth American steel import prices up on mills increased pricing powerThe price of most flat-rolled steel products imported into South America rose during the week to Friday August 7 after mills around the world engaged in successive increases and clients rushed to close deals, market participants said.http://www.metalbulletin.com/Article/3945610/South-American-steel-import-prices-up-on-mills-increased-pricing-power.htmlFri, 07 Aug 2020 17:48:00 GMTSTEEL SCRAP WRAP: Global prices continue uptrend on firm demandFerrous scrap prices in all the key global markets continued to increase in the week ended Friday August 7 on stable demand from end-users and high prices for downstream steel products. http://www.metalbulletin.com/Article/3945493/STEEL-SCRAP-WRAP-Global-prices-continue-uptrend-on-firm-demand.htmlFri, 07 Aug 2020 17:40:00 GMTMINOR METALS MARKET REPORT 07/08: Antimony prices supported by tightening prompt inventories in EuropeAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3945608/MINOR-METALS-MARKET-REPORT-0708-Antimony-prices-supported-by-tightening-prompt-inventories-in-Europe.htmlFri, 07 Aug 2020 17:24:00 GMTLIVE FUTURES REPORT 07/08: LME copper price sinks 3% on news of Codelco restart; lead falls 2%The three-month copper price on the London Metal Exchange was the laggard at the close of trading on Friday August 7, with news of planned restarts at several of Chilean producer Codelco’s operating facilities suppressing buying momentum. http://www.metalbulletin.com/Article/3945621/LIVE-FUTURES-REPORT-0708-LME-copper-price-sinks-3-on-news-of-Codelco-restart-lead-falls-2.htmlFri, 07 Aug 2020 17:18:00 GMTCIS STEEL BILLET: Mills raise offers on higher scrap costs, but buying still limitedOffers of steel billet to foreign customers from the Commonwealth of Independent States (CIS) region had gone up by the end of this week following the continuing uptrend in the scrap sector, Fastmarkets heard on Friday August 7. http://www.metalbulletin.com/Article/3945618/CIS-STEEL-BILLET-Mills-raise-offers-on-higher-scrap-costs-but-buying-still-limited.htmlFri, 07 Aug 2020 17:05:00 GMTIndian HRC export prices up by $20-25 per tonne on strong demandIndian steel mills increased their hot-rolled coil export prices by about $20-25 per tonne in the week ended Friday August 7 on strong domestic demand and a surge in local HRC prices. http://www.metalbulletin.com/Article/3945616/Indian-HRC-export-prices-up-by-20-25-per-tonne-on-strong-demand.htmlFri, 07 Aug 2020 16:45:00 GMTEUROPE HRC: Sentiment remains positive despite slow marketSentiment in the Northern European hot-rolled coil market has remained bullish despite low trading activity, sources told Fastmarkets on Friday August 7. http://www.metalbulletin.com/Article/3945604/EUROPE-HRC-Sentiment-remains-positive-despite-slow-market.htmlFri, 07 Aug 2020 16:28:00 GMTEurope aluminium premiums stable but all eyes on Canadian tariffsThe return of Section 232 tariffs on imports of Canadian aluminium has made European market participants nervous of excess stock arriving from Canada, which could pressure premiums, Fastmarkets heard on Friday August 7.http://www.metalbulletin.com/Article/3945563/Europe-aluminium-premiums-stable-but-all-eyes-on-Canadian-tariffs.htmlFri, 07 Aug 2020 16:27:00 GMTCOBALT SNAPSHOT: China availability concerns, bullish price sentiment continue to drive rally Key data from Fastmarkets’ pricing session in Europe on Friday August 7. http://www.metalbulletin.com/Article/3945567/COBALT-SNAPSHOT-China-availability-concerns-bullish-price-sentiment-continue-to-drive-rally.htmlFri, 07 Aug 2020 16:14:00 GMTDAILY STEEL SCRAP: Turkish bookings exceed 220,000 tonnes this week, prices firmTurkish steel producers have continued to book deep-sea scrap cargoes scheduled for September shipments, at firm prices, sources said on Friday August 7. http://www.metalbulletin.com/Article/3945562/DAILY-STEEL-SCRAP-Turkish-bookings-exceed-220000-tonnes-this-week-prices-firm.htmlFri, 07 Aug 2020 15:42:00 GMTPEOPLE MOVES: Joshua Olmsted to replace Harry Conger as Freeport’s president, Americas Joshua Olmsted, currently senior vice president, will take the role of president and chief operating officer for the Americas region at Freeport-McMoRan on September 1 this year, when Harry Conger retires, the company said on Friday August 7. http://www.metalbulletin.com/Article/3945552/PEOPLE-MOVES-Joshua-Olmsted-to-replace-Harry-Conger-as-Freeports-president-Americas.htmlFri, 07 Aug 2020 15:04:00 GMTUK STEEL SCRAP WEEKLY: Market steady on firm pricingThe inter-merchant spot market for light iron scrap in the UK was steady in the week ended Friday August 7, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3945556/UK-STEEL-SCRAP-WEEKLY-Market-steady-on-firm-pricing.htmlFri, 07 Aug 2020 14:33:00 GMTPOLAND REBAR: Price range narrows on strong buyingDomestic prices for steel rebar in Poland have narrowed over the past week, supported by good demand from end-users, sources told Fastmarkets on Friday August 7. http://www.metalbulletin.com/Article/3945538/POLAND-REBAR-Price-range-narrows-on-strong-buying.htmlFri, 07 Aug 2020 14:15:00 GMTGLOBAL LITHIUM WRAP: Chinese carbonate sellers target higher prices but continue to face resistanceOverall demand for battery-grade lithium remained weak in all global markets, with buyers resisting attempts from sellers to push up deal prices in China in the week to Thursday August 6. http://www.metalbulletin.com/Article/3945553/GLOBAL-LITHIUM-WRAP-Chinese-carbonate-sellers-target-higher-prices-but-continue-to-face-resistance.htmlFri, 07 Aug 2020 14:07:00 GMTCIS PIG IRON: Market strong on demand in China, resumed sales to ItalyThe market for pig iron exports from the Commonwealth of Independent States (CIS) was strong during the week to Thursday August 7 amid further demand in China and new sales to Italy, sources said.http://www.metalbulletin.com/Article/3945535/CIS-PIG-IRON-Market-strong-on-demand-in-China-resumed-sales-to-Italy.htmlFri, 07 Aug 2020 13:50:00 GMTCodelco announces reopening plans for Chuquicamata, El Teniente operations The world’s largest copper producer, Codelco, has outlined plans to restart select operations across its production portfolio, detailing a resumption of operations at its Chuquicamata Subterránea underground mine, while plans to restart its El Teniente operations are set to be revealed in the coming weeks. http://www.metalbulletin.com/Article/3945539/Codelco-announces-reopening-plans-for-Chuquicamata-El-Teniente-operations.htmlFri, 07 Aug 2020 13:30:00 GMTIRON ORE DAILY: Prices dip despite China’s strong iron ore importsIron ore prices decreased on Friday August 7, with China's strong iron ore imports data for July potentially easing the uptrend and bullish sentiment, resulting in a correction in prices, sources said.http://www.metalbulletin.com/Article/3945533/IRON-ORE-DAILY-Prices-dip-despite-Chinas-strong-iron-ore-imports.htmlFri, 07 Aug 2020 13:05:00 GMTCOKING COAL DAILY: Seaborne premium prices drop slightlySeaborne premium hard coking coal prices went down slightly on Friday August 7 following the latest transactions, while market participants analyzed the possible reasons for the price decrease, Fastmarkets heard.http://www.metalbulletin.com/Article/3945530/COKING-COAL-DAILY-Seaborne-premium-prices-drop-slightly.htmlFri, 07 Aug 2020 12:55:00 GMTSHFE STOCKS REPORT 07/08: Copper stocks up 8.1%; zinc down 4.4%Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses increased by 12,942 tonnes (8.1%) to 172,455 tonnes in the week to Friday August 7, marking the largest gain in percentage terms across the base metals complex.http://www.metalbulletin.com/Article/3945527/SHFE-STOCKS-REPORT-0708-Copper-stocks-up-81-zinc-down-44.htmlFri, 07 Aug 2020 11:28:00 GMTLIVE FUTURES REPORT 07/08: LME copper price slides 1% amid spread tightness; German export numbers impressThe three-month copper price on the London Metal Exchange was lower during morning trading on Friday August 7, with continued tightness across the front end of the metal’s forward curve deterring interest, while a marked improvement in German industrial production remains a key indicator of improving economic conditions in Europe.http://www.metalbulletin.com/Article/3945526/LIVE-FUTURES-REPORT-0708-LME-copper-price-slides-1-amid-spread-tightness-German-export-numbers.htmlFri, 07 Aug 2020 11:09:00 GMTASIA HRC: Vietnam import price rebounds on stable demand, high offersImport prices for SAE1006 rerolling grade hot-rolled coil (HRC) in the key market of Vietnam has rebounded in the past week on stable demand and high offers from sellers, sources said.http://www.metalbulletin.com/Article/3945497/ASIA-HRC-Vietnam-import-price-rebounds-on-stable-demand-high-offers.htmlFri, 07 Aug 2020 09:44:00 GMTChina’s finished steel exports down in July, but imports tripleChina’s finished steel exports continued to fall on a year-on-year basis in July, but imports maintained an upward trend, according to customs data released on Friday August 7.http://www.metalbulletin.com/Article/3945496/Chinas-finished-steel-exports-down-in-July-but-imports-triple.htmlFri, 07 Aug 2020 08:20:00 GMTMolybdenum prices up with top global producer JDC Moly down after floodMolybdenum prices rose in the United States and Europe after a flood disabled one of the world’s top two molybdenum producers, Jinduicheng Molybdenum Co (JDC Moly), on Wednesday August 5 for what is said to be an indefinite period. http://www.metalbulletin.com/Article/3945494/Molybdenum-prices-up-with-top-global-producer-JDC-Moly-down-after-flood.htmlFri, 07 Aug 2020 06:12:00 GMTIN CASE YOU MISSED IT: 5 key stories from August 6Here are five Fastmarkets stories you might have missed on Thursday August 6 that are worth another look.http://www.metalbulletin.com/Article/3945480/IN-CASE-YOU-MISSED-IT-5-key-stories-from-August-6.htmlFri, 07 Aug 2020 00:05:00 GMTAluminium market reacts to renewed Section 232 duties vs CanadaAluminium industry participants - many of which lobbied against Section 232 tariffs - respond to US President Donald Trump’s decision to reinstate the tariffs on imports of non-alloyed unwrought aluminium from Canada.http://www.metalbulletin.com/Article/3945487/Aluminium-market-reacts-to-renewed-Section-232-duties-vs-Canada.htmlThu, 06 Aug 2020 23:54:00 GMTHOTTER ON METALS: When the aluminium industry lost to Section 232Sometimes it is better to let a situation speak for itself. http://www.metalbulletin.com/Article/3945482/HOTTER-ON-METALS-When-the-aluminium-industry-lost-to-Section-232.htmlThu, 06 Aug 2020 23:25:00 GMTTrump renews Section 232 tariffs vs Canada aluminiumThe United States will reintroduce Section 232 tariffs on imports of non-alloyed unwrought aluminium from Canada, President Donald Trump announced on Thursday August 6.http://www.metalbulletin.com/Article/3945484/Trump-renews-Section-232-tariffs-vs-Canada-aluminium.htmlThu, 06 Aug 2020 22:34:00 GMTAluminium industry neither deserves nor can afford new US Section 232 tariffs, assn saysThe aluminium industry neither deserves nor can afford the shock that would come from the United States' reintroduction of Section 232 tariffs on imports from Canada, according to Aluminum Association president and chief executive officer Tom Dobbins. http://www.metalbulletin.com/Article/3945461/Aluminium-industry-neither-deserves-nor-can-afford-new-US-Section-232-tariffs-assn-says.htmlThu, 06 Aug 2020 20:39:00 GMTEUROPE HRC: Domestic prices inch up in North despite low demandDomestic prices for hot-rolled coil in Northern Europe increased day on day on Thursday August 6, despite the seasonal market slowdown, sources told Fastmarkets. http://www.metalbulletin.com/Article/3945449/EUROPE-HRC-Domestic-prices-inch-up-in-North-despite-low-demand.htmlThu, 06 Aug 2020 17:30:00 GMTLIVE FUTURES REPORT 06/08: LME nickel price nears $14,500; lead up 2% at closeThe three-month nickel price on the London Metal Exchange was higher at the close of trading on Thursday August 6, nearing resistance at $14,500 per tonne despite moderate turnover, while lead futures continued to rise against a positive forward curve. http://www.metalbulletin.com/Article/3945453/LIVE-FUTURES-REPORT-0608-LME-nickel-price-nears-14500-lead-up-2-at-close.htmlThu, 06 Aug 2020 17:15:00 GMTTURKEY STEEL BILLET: Increasing scrap values boost Turkey pricesTurkish billet prices continued to increase over the past week on rising imported scrap values, however, demand for the material was limited, sources said on Thursday August 6.http://www.metalbulletin.com/Article/3945398/TURKEY-STEEL-BILLET-Increasing-scrap-values-boost-Turkey-prices.htmlThu, 06 Aug 2020 16:35:00 GMTGlencore in ‘no rush’ to bring Mutanda copper-cobalt mine back online - Glasenberg Glencore will not rush to bring its Mutanda copper-cobalt mine in the Democratic Republic of Congo (DRC) back into production ahead of an increase in demand from the electric vehicle sector, and while cobalt prices are low, chief executive officer Ivan Glasenberg said during an investor call earlier today. http://www.metalbulletin.com/Article/3945394/Glencore-in-no-rush-to-bring-Mutanda-copper-cobalt-mine-back-online-Glasenberg.htmlThu, 06 Aug 2020 15:56:00 GMTPeru's zinc output up y-o-y in June; copper production fallsBase metal production in Peru continued to recover in June while mines reopened after a two-month lockdown to combat Covid-19, with copper and zinc production back up to January levels, the country’s ministry of energy and mines, Minem, said on Wednesday August 5.http://www.metalbulletin.com/Article/3945368/Perus-zinc-output-up-y-o-y-in-June-copper-production-falls.htmlThu, 06 Aug 2020 15:56:00 GMTDAILY STEEL SCRAP: Prices edge up further in new transactionsThe Turkish steel mills have continued their deep-sea scrap purchases for September shipments at escalating prices, sources said on Thursday August 6. http://www.metalbulletin.com/Article/3945433/DAILY-STEEL-SCRAP-Prices-edge-up-further-in-new-transactions.htmlThu, 06 Aug 2020 15:42:00 GMTEGYPT STEEL BILLET, REBAR: Prices stable, market still on holidayThe prices for steel billet imports and domestically produced steel rebar were stable in Egypt in the week to Thursday August 6, because of the Eid al-Adha religious holiday that ended on August 3 and the resulting reduced demand, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3945396/EGYPT-STEEL-BILLET-REBAR-Prices-stable-market-still-on-holiday.htmlThu, 06 Aug 2020 15:33:00 GMTPeru's Alpayana suspends zinc-lead mine; Covid-19 remains hurdle for miners Peruvian zinc-lead-silver miner Alpayana, formerly known as Casapalca, has temporarily shut its mining complex, with mining companies across the country struggling to operate through the Covid-19 pandemic. http://www.metalbulletin.com/Article/3945321/Perus-Alpayana-suspends-zinc-lead-mine-Covid-19-remains-hurdle-for-miners.htmlThu, 06 Aug 2020 14:35:00 GMTGerdau expects steel metal spread to remain stable in North AmericaBrazil-based steelmaker Gerdau expects the metal spread in its North America division to remain stable in the coming months after the company was able to secure ferrous scrap at competitive prices, chief executive officer Gustavo Werneck said on Wednesday August 5.http://www.metalbulletin.com/Article/3945311/Gerdau-expects-steel-metal-spread-to-remain-stable-in-North-America.htmlThu, 06 Aug 2020 14:00:00 GMTBANGLADESH STEEL SCRAP: Mills re-enter market for Japan, US scrapActivity in the bulk import market for steel scrap sold to Bangladesh has increased over the past week, with fresh buying interest in Japan- and US-origin material, market sources told Fastmarkets on Thursday August 6. http://www.metalbulletin.com/Article/3945314/BANGLADESH-STEEL-SCRAP-Mills-re-enter-market-for-Japan-US-scrap.htmlThu, 06 Aug 2020 13:48:00 GMTRESEARCH: Key takeaways from the latest Steel Raw Materials market trackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3945313/RESEARCH-Key-takeaways-from-the-latest-Steel-Raw-Materials-market-tracker.htmlThu, 06 Aug 2020 13:12:00 GMTTurkish flat steel exports up by 73.31% y-o-y in JuneTurkey exported 616,565 tonnes of flat steel products in June 2020 up by 73.31% year on year from 355,753 tonnes in June 2019, according to the latest report from the Turkish Statistical Institute (TUIK).http://www.metalbulletin.com/Article/3945304/Turkish-flat-steel-exports-up-by-7331-y-o-y-in-June.htmlThu, 06 Aug 2020 12:52:00 GMTGlencore says zinc market to lose 1mln tonnes production over Covid-19 shutdowns Global zinc production will miss projections by 1 million tonnes over the course of 2020, Glencore chief financial officer Steve Kalmin said in a company results call on Thursday August 6. http://www.metalbulletin.com/Article/3945306/Glencore-says-zinc-market-to-lose-1mln-tonnes-production-over-Covid-19-shutdowns.htmlThu, 06 Aug 2020 12:48:00 GMTCOKING COAL DAILY: Seaborne premium prices flat on lack of tradesSeaborne premium hard coking coal prices were flat day on day on Thursday August 6 due to a lack of transactions, while market participants held that seaborne premium prices would be relatively stable short term, Fastmarkets heard.http://www.metalbulletin.com/Article/3945305/COKING-COAL-DAILY-Seaborne-premium-prices-flat-on-lack-of-trades.htmlThu, 06 Aug 2020 12:32:00 GMTIRON ORE DAILY: Seaborne prices bullish amid better weather; futures strongSeaborne iron ore prices were up on Thursday August 6 amid better weather conditions in eastern China and the return of demand from the construction sector, according to trader sources. http://www.metalbulletin.com/Article/3945309/IRON-ORE-DAILY-Seaborne-prices-bullish-amid-better-weather-futures-strong.htmlThu, 06 Aug 2020 11:50:00 GMTANTIMONY SNAPSHOT: Increased buying interest, low prompt inventories drive Europe prices upKey data from Fastmarkets’ pricing session in Europe on Wednesday August 5.http://www.metalbulletin.com/Article/3945303/ANTIMONY-SNAPSHOT-Increased-buying-interest-low-prompt-inventories-drive-Europe-prices-up.htmlThu, 06 Aug 2020 11:44:00 GMTINTERVIEW: Blockchain can help 'antique' iron ore industry thrive amid global steel slump, DBS Bank saysBlockchain technology can help the global iron ore industry thrive amid the headwinds encountered by steelmaking countries around the world, according to Singapore's DBS Bank.http://www.metalbulletin.com/Article/3945289/INTERVIEW-Blockchain-can-help-antique-iron-ore-industry-thrive-amid-global-steel-slump-DBS-Bank-says.htmlThu, 06 Aug 2020 11:27:00 GMTLIVE FUTURES REPORT 06/08: LME nickel price holds gains amid dollar decline; German industrial orders soar The London Metal Exchange three-month nickel price continued to trade in positive territory during the morning session on Thursday August 6, with ongoing weakness in the dollar index supporting buying momentum, while a surge in German manufacturing orders spurred hopes of economic recovery in Europe. http://www.metalbulletin.com/Article/3945297/LIVE-FUTURES-REPORT-0608-LME-nickel-price-holds-gains-amid-dollar-decline-German-industrial-orders.htmlThu, 06 Aug 2020 10:30:00 GMTMORNING VIEW: Broader markets mixed, but weight of money buoys metals, equitiesThree-month base metals prices on the London Metal Exchange were mixed this morning, Thursday August 6, but the complex was up by an average of 0.4%.http://www.metalbulletin.com/Article/3945293/MORNING-VIEW-Broader-markets-mixed-but-weight-of-money-buoys-metals-equities.htmlThu, 06 Aug 2020 09:00:00 GMTPRICING NOTICE: Increased pricing frequency of cobalt hydroxide index cif China to fortnightlyFastmarkets will increase the pricing frequency of its fixed price cobalt hydroxide index, to fortnightly from Friday August 7.http://www.metalbulletin.com/Article/3945285/PRICING-NOTICE-Increased-pricing-frequency-of-cobalt-hydroxide-index-cif-China-to-fortnightly.htmlThu, 06 Aug 2020 05:19:00 GMTChina’s daily steel output hits record high in late July; mills' inventories tumbleCrude steel, finished steel and hot metal output of the China Iron & Steel Association’s (Cisa) member mills rose to record highs in late July, but steelmakers’ finished steel inventories dropped sharply, according to data released late on Wednesday August 5.http://www.metalbulletin.com/Article/3945284/Chinas-daily-steel-output-hits-record-high-in-late-July-mills-inventories-tumble.htmlThu, 06 Aug 2020 04:10:00 GMTGLOBAL ZINC & LEAD WRAP: Southeast Asian lead premium notches five-month high; contractual tonnage heads to ChinaGlobal zinc premiums were flat in the week to Tuesday August 4 amid an influx of tonnage into Asia spurred by a flurry of contractual demand, while European markets continued to prepare for summer maintenance closures. And while the US lead market was broadly static, Southeast Asian lead premiums climbed for the first time in five months.http://www.metalbulletin.com/Article/3945242/GLOBAL-ZINC-and-LEAD-WRAP-Southeast-Asian-lead-premium-notches-five-month-high-contractual-tonnage.htmlThu, 06 Aug 2020 04:10:00 GMTIN CASE YOU MISSED IT: 5 key stories from August 5Here are five Fastmarkets stories you might have missed on Wednesday August 5 that are worth another look.http://www.metalbulletin.com/Article/3945270/IN-CASE-YOU-MISSED-IT-5-key-stories-from-August-5.htmlWed, 05 Aug 2020 23:05:00 GMTMINOR METALS MARKET REPORT 05/08: Antimony prices supported by supply disruptions; spot buying thinAn overview of the minor metals markets and their latest price moves. http://www.metalbulletin.com/Article/3945258/MINOR-METALS-MARKET-REPORT-0508-Antimony-prices-supported-by-supply-disruptions-spot-buying-thin.htmlWed, 05 Aug 2020 18:05:00 GMTLIVE FUTURES REPORT 05/08: Options expiry sees LME nickel price soar 4% at close; zinc follows higher The three-month nickel price on the London Metal Exchange was pushed higher at the close of trading on Wednesday August 5 by a flurry of panic-buying against the monthly options expiry deadline, while zinc notched its highest close since January. http://www.metalbulletin.com/Article/3945250/LIVE-FUTURES-REPORT-0508-Options-expiry-sees-LME-nickel-price-soar-4-at-close-zinc-follows-higher.htmlWed, 05 Aug 2020 17:53:00 GMTEUROPE PLATE: Italy’s domestic prices rise again on higher slab costsDomestic transaction prices in Italy for heavy steel plate have moved further upward because of rising slab costs, sources told Fastmarkets on Wednesday August 5. http://www.metalbulletin.com/Article/3945249/EUROPE-PLATE-Italys-domestic-prices-rise-again-on-higher-slab-costs.htmlWed, 05 Aug 2020 17:32:00 GMTBASE METALS WARRANT REPORT 05/08A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 8.http://www.metalbulletin.com/Article/3945167/BASE-METALS-WARRANT-REPORT-0508.htmlWed, 05 Aug 2020 17:19:00 GMTEUROPE CRC: Domestic prices up in Southern Europe, stable in NorthPrices for domestic cold-rolled coil in Southern Europe increased over the week to Wednesday August 5, but remained unchanged in the North of the region, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3945243/EUROPE-CRC-Domestic-prices-up-in-Southern-Europe-stable-in-North.htmlWed, 05 Aug 2020 17:08:00 GMTNOBLE ALLOYS MARKET REPORT 05/08: Ferro-tungsten edges down on low consumer demand An overview of the noble alloys markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3945228/NOBLE-ALLOYS-MARKET-REPORT-0508-Ferro-tungsten-edges-down-on-low-consumer-demand.htmlWed, 05 Aug 2020 16:52:00 GMTEUROPE SECTIONS: Italian producers plan late-summer price increasesHollow steel sections prices in Southern Europe moved up on Wednesday August 5 before the expected market slowdown for the summer, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3945230/EUROPE-SECTIONS-Italian-producers-plan-late-summer-price-increases.htmlWed, 05 Aug 2020 16:48:00 GMTIranian billet mills fix export sales at higher prices, traders raise Asia offersIranian steel billet producers managed to achieve higher prices in the most recent round of sales, supported by the bullish mood in the global market and strong domestic demand. http://www.metalbulletin.com/Article/3945163/Iranian-billet-mills-fix-export-sales-at-higher-prices-traders-raise-Asia-offers.htmlWed, 05 Aug 2020 16:20:00 GMTEuropean steel demand falls 12% in Q1; no recovery until year-end - Eurofer Demand for steel in the European Union dropped by 12% year on year in the first quarter of 2020 and European steel association Eurofer does not expect a recovery until late 2020-early 2021, it said on Wednesday August 5. http://www.metalbulletin.com/Article/3945071/European-steel-demand-falls-12-in-Q1-no-recovery-until-year-end-Eurofer.htmlWed, 05 Aug 2020 16:01:00 GMTDAILY STEEL SCRAP: Mills continue deep-sea purchases at steady pricesThe Turkish steel mills have continued their purchases of deep-sea ferrous scrap at steady prices, while suppliers in Europe were still struggling with the strength of the euro, sources said on Wednesday August 5. http://www.metalbulletin.com/Article/3945162/DAILY-STEEL-SCRAP-Mills-continue-deep-sea-purchases-at-steady-prices.htmlWed, 05 Aug 2020 15:42:00 GMTEU extends anti-dumping measures on HDG from China to more products types The European Commission has extended existing anti-dumping measures applied to corrosion resistant steels from China to imports of certain slightly modified corrosion resistant steel products, it said on Tuesday August 4. http://www.metalbulletin.com/Article/3945134/EU-extends-anti-dumping-measures-on-HDG-from-China-to-more-products-types.htmlWed, 05 Aug 2020 15:16:00 GMTWeak downstream demand leads to disconnect in physical, futures cobalt metal market The local cobalt futures price in China leapt this week, resulting in higher quotations in the spot market, but weak downstream demand and resistance to rapid price hikes created a disconnect between physical and futures prices. http://www.metalbulletin.com/Article/3945066/Weak-downstream-demand-leads-to-disconnect-in-physical-futures-cobalt-metal-market.htmlWed, 05 Aug 2020 14:24:00 GMTCHINA ANTIMONY SNAPSHOT: Price stalls amid consumers’ struggle to accept higher offersKey data from Fastmarkets’ pricing session in Shanghai on Wednesday August 5. http://www.metalbulletin.com/Article/3945056/CHINA-ANTIMONY-SNAPSHOT-Price-stalls-amid-consumers-struggle-to-accept-higher-offers.htmlWed, 05 Aug 2020 14:05:00 GMTEUROPE REBAR: Prices widen in south, stabilize in northDomestic steel rebar prices in Europe have been largely stable over the past week across most regions, but Italian mills managed to achieve slight upticks ahead of their holiday season, sources told Fastmarkets on Wednesday August 5. http://www.metalbulletin.com/Article/3945065/EUROPE-REBAR-Prices-widen-in-south-stabilize-in-north.htmlWed, 05 Aug 2020 14:00:00 GMTCOKING COAL DAILY: Seaborne prices flat; market in wait-and-see modeSeaborne prices across the board remained relatively flat on Wednesday August 5, with few transactions while most market participants were in wait-and-see mode, sources said.http://www.metalbulletin.com/Article/3945063/COKING-COAL-DAILY-Seaborne-prices-flat-market-in-wait-and-see-mode.htmlWed, 05 Aug 2020 12:48:00 GMTGLOBAL ALUMINIUM WRAP: Widening LME contango supports global premiums; Europe, US premiums at 4-month highGlobal aluminium premiums were supported amid continued LME spreads in contango with premiums in Rotterdam and the United States hitting a four-month high during the week to Tuesday August 5, while improved demand also strengthened the main Japanese ports (MJP) premium level.http://www.metalbulletin.com/Article/3945052/GLOBAL-ALUMINIUM-WRAP-Widening-LME-contango-supports-global-premiums-Europe-US-premiums-at-4-month.htmlWed, 05 Aug 2020 12:18:00 GMTIRON ORE DAILY: Prices stable as bullish sentiment easesActivity in the seaborne iron ore market fell flat on Wednesday August 5, with sources saying that trading eased off because of a lack of clear market information, which left prices stable. http://www.metalbulletin.com/Article/3945062/IRON-ORE-DAILY-Prices-stable-as-bullish-sentiment-eases.htmlWed, 05 Aug 2020 11:55:00 GMTGLOBAL COPPER WRAP: Shanghai premiums drop again, US, European rates steadyPremiums for copper cathode in Shanghai continued their slide this week, and are now at one-and-a-half-month lows. Demand globally remains sluggish while seasonally weak summer buying is being compounded by concerns over extended recessions due to the Covid-19 pandemic.http://www.metalbulletin.com/Article/3945027/GLOBAL-COPPER-WRAP-Shanghai-premiums-drop-again-US-European-rates-steady.htmlWed, 05 Aug 2020 11:12:00 GMTUK starts anti-dumping probe into steel wire from ChinaThe UK Secretary of State for International Trade has initiated a transition review of the EU trade measures into the pre and post-stressing steel wires and wire strands of non-alloy steel (PSC wires and strands) from China on July 30.http://www.metalbulletin.com/Article/3945046/UK-starts-anti-dumping-probe-into-steel-wire-from-China.htmlWed, 05 Aug 2020 10:52:00 GMTBangladesh’s SS Steel boosts capacity with purchase of Saleh Steel Bangladeshi steelmaker SS Steel has purchased competitor producer Saleh Steel in a deal worth 247 million taka ($2.86 million), according to a filing to the Dhaka Stock Exchange. http://www.metalbulletin.com/Article/3945044/Bangladeshs-SS-Steel-boosts-capacity-with-purchase-of-Saleh-Steel.htmlWed, 05 Aug 2020 10:40:00 GMTLIVE FUTURES REPORT 05/08: LME base metals prices buoyed by expansionary global manufacturing data The three-month prices of base metals traded on the London Metal Exchange were up during the morning session on Wednesday August 5, buoyed by expansionary global manufacturing data, which has given renewed hopes of stronger metals demand. http://www.metalbulletin.com/Article/3945050/LIVE-FUTURES-REPORT-0508-LME-base-metals-prices-buoyed-by-expansionary-global-manufacturing-data.htmlWed, 05 Aug 2020 10:26:00 GMTINTERVIEW: Leading through times of global crisisThree experienced mining leaders give valuable insights into decision-making and seizing opportunities during a global crisis.http://www.metalbulletin.com/Article/3944835/INTERVIEW-Leading-through-times-of-global-crisis.htmlWed, 05 Aug 2020 09:15:00 GMTFOCUS: Minor metals and 5G roll-outThe shock to minor metal consumption caused by the challenges of Covid-19 may be partly ameliorated by the promise of demand from the roll-out of fifth generation (5G) technology. Fastmarkets’ Cristina Belda considers the metals needed and the present outlook for 5G.http://www.metalbulletin.com/Article/3944836/FOCUS-Minor-metals-and-5G-roll-out.htmlWed, 05 Aug 2020 09:10:00 GMTMORNING VIEW: Western markets open on front foot; Asian-Pacific equities, metals mixed Three-month base metals prices on the London Metal Exchange were firmer this morning, Wednesday August 5, with gains averaging 0.3%.http://www.metalbulletin.com/Article/3945028/MORNING-VIEW-Western-markets-open-on-front-foot-Asian-Pacific-equities-metals-mixed.htmlWed, 05 Aug 2020 08:24:00 GMTFOCUS: Struggle continues for China’s ferro-silicon exportersAfter struggling throughout 2019 amid fierce competition from abroad, Chinese ferro-silicon exporters appear to be facing an even greater challenge this year. http://www.metalbulletin.com/Article/3945025/FOCUS-Struggle-continues-for-Chinas-ferro-silicon-exporters.htmlWed, 05 Aug 2020 07:09:00 GMTChina’s shipbuilding boom boosts demand for South Korean plateAn increase in shipbuilding orders has led China to import plate from South Korea amid high Chinese prices for the flat steel product.http://www.metalbulletin.com/Article/3945022/Chinas-shipbuilding-boom-boosts-demand-for-South-Korean-plate.htmlWed, 05 Aug 2020 04:55:00 GMTCobalt metal prices turn around amid China rally, increased inquiriesBenchmark prices for cobalt metal lurched higher in the first few trading days of August as a recovery in the Chinese market trickled through to encourage increased buying - and higher prices - in the rest of the world. http://www.metalbulletin.com/Article/3945014/Cobalt-metal-prices-turn-around-amid-China-rally-increased-inquiries.htmlTue, 04 Aug 2020 23:29:00 GMTIN CASE YOU MISSED IT: 5 key stories from August 4Here are five Fastmarkets stories you might have missed on Tuesday August 4 that are worth another look.http://www.metalbulletin.com/Article/3944994/IN-CASE-YOU-MISSED-IT-5-key-stories-from-August-4.htmlTue, 04 Aug 2020 23:05:00 GMTMexican ferrous scrap prices little changed amid recovering demandMexican ferrous scrap prices showed little movement in the week ended Friday July 31, with downward pressure in the steel value chain starting to ease in the country. http://www.metalbulletin.com/Article/3945012/Mexican-ferrous-scrap-prices-little-changed-amid-recovering-demand.htmlTue, 04 Aug 2020 22:04:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 04/08A summary of base metals premiums from across the globe for the week to Tuesday August 4.http://www.metalbulletin.com/Article/3945017/WEEKLY-BASE-METAL-PREMIUMS-REPORT-0408.htmlTue, 04 Aug 2020 21:54:00 GMTLIVE FUTURES REPORT 04/08: LME nickel hits 7-month high in 1.2% rallyThe three-month price of nickel on the London Metal Exchange was the base metals complex’s standout performer on Tuesday August 4, closing above the psychological level of $14,100 per tonne for the first time since January in a 1.2% rally from the previous day’s close. http://www.metalbulletin.com/Article/3944996/LIVE-FUTURES-REPORT-0408-LME-nickel-hits-7-month-high-in-12-rally.htmlTue, 04 Aug 2020 18:47:00 GMTRESEARCH: Key takeaways from the latest Steel market trackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3944979/RESEARCH-Key-takeaways-from-the-latest-Steel-market-tracker.htmlTue, 04 Aug 2020 16:07:00 GMTDAILY STEEL SCRAP: Prices up again as mills resume bookings after eidThe Turkish steel mills have broken their silence in the market and have resumed their deep-sea purchases after the Eid al-Adha religious holiday in the country, sources said on Tuesday August 4. http://www.metalbulletin.com/Article/3944891/DAILY-STEEL-SCRAP-Prices-up-again-as-mills-resume-bookings-after-eid.htmlTue, 04 Aug 2020 15:45:00 GMTRESEARCH: Key takeaways from the latest Steel Scrap and Metallics market trackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3944890/RESEARCH-Key-takeaways-from-the-latest-Steel-Scrap-and-Metallics-market-tracker.htmlTue, 04 Aug 2020 15:33:00 GMTBlister copper RCs jump in July on African imports; KCM mine repair ongoingSpot supply of blister copper improved to boost the intermediate copper product’s refining charges (RC) in July, mainly due to arrival of delayed African cargoes at Chinese ports, Fastmarkets heard.http://www.metalbulletin.com/Article/3944845/Blister-copper-RCs-jump-in-July-on-African-imports-KCM-mine-repair-ongoing.htmlTue, 04 Aug 2020 12:51:00 GMTCOKING COAL DAILY: Premium seaborne prices slump on Chinese import restrictions Seaborne premium hard coking coal prices slumped on Tuesday August 4 following a recent transaction sealed at lower prices, with market participants attributing the downtrend partly to China’s import restrictions on coking coal. http://www.metalbulletin.com/Article/3944852/COKING-COAL-DAILY-Premium-seaborne-prices-slump-on-Chinese-import-restrictions.htmlTue, 04 Aug 2020 12:38:00 GMTFOCUS: Chinese hunger for billet 'set to persist'Chinese demand for imported billet increased sharply in the first six months of 2020 due to higher domestic prices in China in comparison with those beyond its shores, and market participants expect this situation to persist in the second half.http://www.metalbulletin.com/Article/3944828/FOCUS-Chinese-hunger-for-billet-set-to-persist.htmlTue, 04 Aug 2020 12:18:00 GMTIRON ORE DAILY: Seaborne prices rise again on good demand from millsSeaborne iron ore prices rose on Tuesday August 4 amid a healthy appetite for material among steel mills, according to traders. http://www.metalbulletin.com/Article/3944854/IRON-ORE-DAILY-Seaborne-prices-rise-again-on-good-demand-from-mills.htmlTue, 04 Aug 2020 11:58:00 GMTFOCUS: Price fluctuations in high-grade iron ore key concern for China steel millsThe price fluctuations in the high-grade iron ore market remains a key concern for Chinese steelmakers, especially with iron ore fines prices hitting an intra-year high on August 3.http://www.metalbulletin.com/Article/3943651/FOCUS-Price-fluctuations-in-high-grade-iron-ore-key-concern-for-China-steel-mills.htmlTue, 04 Aug 2020 11:40:00 GMTLIVE FUTURES REPORT 04/08: LME lead price sinks 1.4%, aluminium consolidates gains in mixed trading Amid mixed trading activity and a lower dollar index, the London Metal Exchange three-month lead price succumbed to selling pressure during morning trading on Tuesday August 4 while aluminium futures held on to gains made on Monday against moderate turnover. http://www.metalbulletin.com/Article/3944840/LIVE-FUTURES-REPORT-0408-LME-lead-price-sinks-14-aluminium-consolidates-gains-in-mixed-trading.htmlTue, 04 Aug 2020 10:41:00 GMTMORNING VIEW: Broader markets bullish, while metals mainly on back footingThe metals and equity indices were headed in different directions this morning, Tuesday August 4, with equities up and metals down, but good data may well push metals prices higher as the day progresses - especially given better-than-expected US vehicle sales in July. http://www.metalbulletin.com/Article/3944833/MORNING-VIEW-Broader-markets-bullish-while-metals-mainly-on-back-footing.htmlTue, 04 Aug 2020 08:30:00 GMTRESEARCH: Key takeaways from the latest Ferro-alloys Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view.http://www.metalbulletin.com/Article/3944827/RESEARCH-Key-takeaways-from-the-latest-Ferro-alloys-Market-Tracker.htmlTue, 04 Aug 2020 05:25:00 GMTBrazilian iron ore exports dip 1% in JulyBrazilian iron ore exports appear to be maintaining the pace of their recovery amid the Covid-19 pandemic, with volumes dipping by just 0.69% on the year in July.http://www.metalbulletin.com/Article/3944819/Brazilian-iron-ore-exports-dip-1-in-July.htmlTue, 04 Aug 2020 04:45:00 GMTIN CASE YOU MISSED IT: 5 key stories from August 3Here are five Fastmarkets stories you might have missed on Monday August 3 that are worth another look.http://www.metalbulletin.com/Article/3944825/IN-CASE-YOU-MISSED-IT-5-key-stories-from-August-3.htmlTue, 04 Aug 2020 00:05:00 GMTZinc TCs rise for second month, miners fix some 2021+ contracts at ‘index’Zinc concentrate treatment charges (TCs) rose for the second consecutive month in July after hitting a 19-month low in May, with spot availability increasing slightly.http://www.metalbulletin.com/Article/3944796/Zinc-TCs-rise-for-second-month-miners-fix-some-2021+-contracts-at-index.htmlMon, 03 Aug 2020 23:34:00 GMTFacing raw material crunch, China's copper smelters lobby for blending licensesAmid a hot market for copper, China's smelters are jumping in on a profitable niche business dominated by traders.http://www.metalbulletin.com/Article/3944782/Facing-raw-material-crunch-Chinas-copper-smelters-lobby-for-blending-licenses.htmlMon, 03 Aug 2020 22:47:00 GMTConstrained consumer demand a serious drag on recovery, Concord CEO saysThe year 2020 has been the ultimate stress test for commodity market participants and will stay challenging amid significantly impaired consumer demand trends due to the Covid-19 pandemic, according to the chief executive officer of Concord Resources. http://www.metalbulletin.com/Article/3944812/Constrained-consumer-demand-a-serious-drag-on-recovery-Concord-CEO-says.htmlMon, 03 Aug 2020 22:03:00 GMTGlobal HRC: US price falls below Chinese priceA look at hot-rolled coil prices around the globe.http://www.metalbulletin.com/Article/3944815/Global-HRC-US-price-falls-below-Chinese-price.htmlMon, 03 Aug 2020 21:40:00 GMTUS plate price stuck at nearly four-year lowPrices for carbon steel plate in the United States have continued to hold steady after neither producers nor distributors reported any impetus to offer cheaper prices or to book bigger tonnages.http://www.metalbulletin.com/Article/3944810/US-plate-price-stuck-at-nearly-four-year-low.htmlMon, 03 Aug 2020 19:33:00 GMTEUROPE HRC: Domestic prices stabilize in slow marketDomestic prices for hot-rolled coil in Northern Europe were stable day on day on Monday August 3 due to a seasonal market slowdown, sources told Fastmarkets.http://www.metalbulletin.com/Article/3944784/EUROPE-HRC-Domestic-prices-stabilize-in-slow-market.htmlMon, 03 Aug 2020 19:03:00 GMTCIS FLAT STEEL: Prices surge on fresh deals, limited availabilityExport flat steel product prices from the Commonwealth of Independent States (CIS) region surged by as much as $45 per tonne in the week to Monday August 3. http://www.metalbulletin.com/Article/3944790/CIS-FLAT-STEEL-Prices-surge-on-fresh-deals-limited-availability.htmlMon, 03 Aug 2020 18:15:00 GMTLIVE FUTURES REPORT 03/08: Positive US manufacturing data boosts LME base metals; aluminium up 2%Three-month base metals price on the London Metal Exchange were higher at the close of trading on Monday August 3, with positive manufacturing data prompting an afternoon surge in buying. http://www.metalbulletin.com/Article/3944788/LIVE-FUTURES-REPORT-0308-Positive-US-manufacturing-data-boosts-LME-base-metals-aluminium-up-2.htmlMon, 03 Aug 2020 17:35:00 GMTCIS STEEL BILLET: Higher offers drive prices further upwardsExport billet prices from the Commonwealth of Independent States (CIS) region continued to increase in early August in line with higher offers from mills, which were supported by rising import scrap costs globally. http://www.metalbulletin.com/Article/3944783/CIS-STEEL-BILLET-Higher-offers-drive-prices-further-upwards.htmlMon, 03 Aug 2020 17:25:00 GMTEUROPE HRC WRAP: Domestic prices rise further in Northern EuropeDomestic prices for steel hot-rolled coil continued to recover in Northern Europe in the week ended Friday July 31. http://www.metalbulletin.com/Article/3944748/EUROPE-HRC-WRAP-Domestic-prices-rise-further-in-Northern-Europe.htmlMon, 03 Aug 2020 17:08:00 GMTSome Italian long steel producers plan shorter summer stoppages to meet returning demand Most Italian steel producers plan to stop production for summer maintenance in August, but some have changed their schedule this year and plan shorter stoppages due to demand recovering from the Covid-19-related lockdown in March-April, sources told Fastmarkets. http://www.metalbulletin.com/Article/3944274/Some-Italian-long-steel-producers-plan-shorter-summer-stoppages-to-meet-returning-demand.htmlMon, 03 Aug 2020 17:07:00 GMTPRICING NOTICE: Extension of China No2 copper material price launch consultation Fastmarkets is extending its consultation on the launch of new copper material price and the potential discontinuation of its monthly assessment of the No2 copper scrap discount on a cif China basis. http://www.metalbulletin.com/Article/3944669/PRICING-NOTICE-Extension-of-China-No2-copper-material-price-launch-consultation.htmlMon, 03 Aug 2020 15:59:00 GMTDAILY STEEL SCRAP: Market still silent as religious holiday endsTurkish steel mills made no moves in the deep-sea scrap markets on Monday August 3 due to the Eid al-Adha religious holiday in the country. http://www.metalbulletin.com/Article/3944751/DAILY-STEEL-SCRAP-Market-still-silent-as-religious-holiday-ends.htmlMon, 03 Aug 2020 15:40:00 GMTSPECIAL REPORT: Is Bangladesh Asia's next scrap price benchmark?Bangladesh is one of the world’s fastest-growing import markets for steel scrap. The country’s rapid industrialization in recent years and its lack of natural steelmaking raw material resources mean that scrap imports - in addition to domestic material - are of high importance to the country’s steelmakers.http://www.metalbulletin.com/Article/3944585/SPECIAL-REPORT-Is-Bangladesh-Asias-next-scrap-price-benchmark.htmlMon, 03 Aug 2020 14:22:00 GMTFire breaks out at Nornickel power station with one fatality A brief fire outbreak at one of Russian multi-metal miner Nornickel’s Arctic power plants had led to the death of one worker, the company said on Monday August 3. http://www.metalbulletin.com/Article/3944652/Fire-breaks-out-at-Nornickel-power-station-with-one-fatality.htmlMon, 03 Aug 2020 14:03:00 GMTRESEARCH: Key takeaways from the latest Stainless Steels market trackerThe latest forecast from Fastmarkets’ team of analysts is ready to view.http://www.metalbulletin.com/Article/3944667/RESEARCH-Key-takeaways-from-the-latest-Stainless-Steels-market-tracker.htmlMon, 03 Aug 2020 13:58:00 GMTLME aluminium spreads push Rotterdam P1020 premiums to April highs Aluminium premiums in Rotterdam are on an upward trend for the first time since the Covid-19 pandemic took hold of Europe, with benchmark P1020 premiums at four-month highs. http://www.metalbulletin.com/Article/3944646/LME-aluminium-spreads-push-Rotterdam-P1020-premiums-to-April-highs.htmlMon, 03 Aug 2020 13:47:00 GMTMANGANESE ORE ANALYTICS: August 3, 2020 The latest data for the global manganese ore market for the week ended August 03, 2020.http://www.metalbulletin.com/Article/3944645/MANGANESE-ORE-ANALYTICS-August-3-2020.htmlMon, 03 Aug 2020 12:46:00 GMTCOKING COAL DAILY: Seaborne premium price relatively flat in low liquidity marketSeaborne premium hard coking coal prices remained relatively flat on Monday August 3 on a lack of transactions in the spot market, while most Chinese market participants can only stand by due to the country’s stringent import restrictions on seaborne materials. http://www.metalbulletin.com/Article/3944641/COKING-COAL-DAILY-Seaborne-premium-price-relatively-flat-in-low-liquidity-market.htmlMon, 03 Aug 2020 12:30:00 GMTBHP's Escondida copper mine charged with extracting extra water over 15 years The Chilean environmental regulator has charged the operator of Escondida copper mine with exceeding water extraction thresholds over the past 15 years, the government said on Friday July 31. http://www.metalbulletin.com/Article/3944639/BHPs-Escondida-copper-mine-charged-with-extracting-extra-water-over-15-years.htmlMon, 03 Aug 2020 12:04:00 GMTInvestment interest, reduced output push China bismuth price upChina’s domestic bismuth price has maintained its strong market level in a tight spot market, after picking up in mid-July, trading sources said.http://www.metalbulletin.com/Article/3944630/Investment-interest-reduced-output-push-China-bismuth-price-up.htmlMon, 03 Aug 2020 11:40:00 GMTLIVE FUTURES REPORT 03/08: LME zinc price sinks 1.2% in mixed trading; tin holds on to recent gainsThe three-month zinc price on the London Metal Exchange was down during morning trading on Monday August 3, with price action slipping back below the newly-established $2,300-per-tonne support level, while narrower forward spreads helped tin futures retain recent momentum. http://www.metalbulletin.com/Article/3944634/LIVE-FUTURES-REPORT-0308-LME-zinc-price-sinks-12-in-mixed-trading-tin-holds-on-to-recent-gains.htmlMon, 03 Aug 2020 10:40:00 GMTMORNING VIEW: Markets mixed despite stronger Chinese manufacturing dataThe metals and equity indices were mixed this morning, Monday August 3, with numerous crosscurrents affecting the markets.http://www.metalbulletin.com/Article/3944628/MORNING-VIEW-Markets-mixed-despite-stronger-Chinese-manufacturing-data.htmlMon, 03 Aug 2020 09:36:00 GMTAT A GLANCE: Codelco’s Cu output up in H1 on higher throughput, ore gradesA summary of the financial performance of Chilean state-owned copper producer Codelco in the first half of 2020, as stated in its earnings report released on Friday July 31.http://www.metalbulletin.com/Article/3944603/AT-A-GLANCE-Codelcos-Cu-output-up-in-H1-on-higher-throughput-ore-grades.htmlMon, 03 Aug 2020 04:44:00 GMTPRICING NOTICE: Proposal to further increase the pricing frequency for cobalt hydroxide indexFastmarkets proposes to further increase the pricing frequency for its cobalt hydroxide index, min 30% Co, cif China to weekly. http://www.metalbulletin.com/Article/3944213/PRICING-NOTICE-Proposal-to-further-increase-the-pricing-frequency-for-cobalt-hydroxide-index.htmlMon, 03 Aug 2020 04:13:00 GMTPRICING NOTICE: Decision to suspend amendment of cobalt hydroxide payable indicator, cobalt hydroxide index specificationsFastmarkets has decided not to proceed with the proposed amendment of its cobalt hydroxide payable indicator and cobalt hydroxide index, both min 30% Co, cif China, to include a maximum iron content in its chemical specifications.http://www.metalbulletin.com/Article/3943887/PRICING-NOTICE-Decision-to-suspend-amendment-of-cobalt-hydroxide-payable-indicator-cobalt-hydroxide.htmlMon, 03 Aug 2020 03:57:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 31Here are five Fastmarkets stories you might have missed on Friday July 31 that are worth another look.http://www.metalbulletin.com/Article/3944576/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-31.htmlMon, 03 Aug 2020 00:05:00 GMTSouth America steel import prices up; clients brace for Oct negotiationsFlat-rolled steel import prices were up in South America this past week, with mills continuing to offer at higher levels and clients still getting ready to negotiate October-shipment cargoes. http://www.metalbulletin.com/Article/3944554/South-America-steel-import-prices-up-clients-brace-for-Oct-negotiations.htmlFri, 31 Jul 2020 23:59:00 GMTALUMINIUM BILLET WRAP: Premiums tick up in US, Europe, BrazilAluminium billet premiums inched up in the United States, Europe and Brazil on Friday July 31 due to stronger demand, while weak demand in Asia kept the Thailand billet premium unchanged.http://www.metalbulletin.com/Article/3944516/ALUMINIUM-BILLET-WRAP-Premiums-tick-up-in-US-Europe-Brazil.htmlFri, 31 Jul 2020 23:46:00 GMTCobalt hydroxide prices jump in July on consumer restocking, tight supply Spot cobalt hydroxide prices rose above $10 per lb in July due to resumed appetites for prompt cargoes amid a limited availability of seaborne units and buyers’ attempts to reduce exposure to price uncertainty.http://www.metalbulletin.com/Article/3944549/Cobalt-hydroxide-prices-jump-in-July-on-consumer-restocking-tight-supply.htmlFri, 31 Jul 2020 22:15:00 GMTNOBLE ALLOYS MARKET REPORT 31/07: Traders hold out for higher prices but demand thinAn overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3944534/NOBLE-ALLOYS-MARKET-REPORT-3107-Traders-hold-out-for-higher-prices-but-demand-thin.htmlFri, 31 Jul 2020 18:56:00 GMTRESEARCH; Key takeaways from the latest Welded Linepipe, OCTG Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3944519/RESEARCH-Key-takeaways-from-the-latest-Welded-Linepipe-OCTG-Market-Tracker.htmlFri, 31 Jul 2020 18:40:00 GMTUS PIG IRON: Demand remains dead on depressed steel marketPig iron demand remained negligible in the United States during the week ended Friday July 31 due to the depressed nature of the steel market, Fastmarkets has heard. http://www.metalbulletin.com/Article/3944535/US-PIG-IRON-Demand-remains-dead-on-depressed-steel-market.htmlFri, 31 Jul 2020 17:57:00 GMTBrazilian slab export prices up on recovering demandBrazilian slab export prices increased by $10 per tonne in the week ended Friday July 31, with offers up amid a revival in demand in most buying markets. http://www.metalbulletin.com/Article/3944533/Brazilian-slab-export-prices-up-on-recovering-demand.htmlFri, 31 Jul 2020 17:40:00 GMTLIVE FUTURES REPORT 31/07: LME zinc price clears $2,300/t in 1.2% uptick; copper holds near $6,400/t The three-month zinc price on the London Metal Exchange was the standout performer at the close of trading on Friday July 31, breaching nearby resistance in a continued incline over the day, while sideways trading in LME copper futures kept the metal’s outright price firmly near the $6,400 per tonne threshold. http://www.metalbulletin.com/Article/3944526/LIVE-FUTURES-REPORT-3107-LME-zinc-price-clears-2300t-in-12-uptick-copper-holds-near-6400t.htmlFri, 31 Jul 2020 17:40:00 GMTSTEEL SCRAP WRAP: Global prices continue to surge upwardFerrous scrap prices in all the key global markets continued to surge upward in the week ended Friday July 31, with Turkey again achieving higher prices through the week and pushing up those in other regions. http://www.metalbulletin.com/Article/3944452/STEEL-SCRAP-WRAP-Global-prices-continue-to-surge-upward.htmlFri, 31 Jul 2020 17:22:00 GMTCOPPER CONCS SNAPSHOT: TC/RCs return near multi-year lows over supply concerns Fastmarkets’ copper concentrates treatment and refining charge (TC/RC) index retreated on Friday July 31 due to continued supply concerns related to Covid-19 shutdowns after more copper producers cut their 2020 production guidance this week. http://www.metalbulletin.com/Article/3944362/COPPER-CONCS-SNAPSHOT-TCRCs-return-near-multi-year-lows-over-supply-concerns.htmlFri, 31 Jul 2020 17:13:00 GMTCIS PIG IRON: Chinese still active while market sleepsThe market for pig iron exports from the Commonwealth of Independent States (CIS) was quiet during the week ended Thursday July 30 with demand being heard only in China. http://www.metalbulletin.com/Article/3944521/CIS-PIG-IRON-Chinese-still-active-while-market-sleeps.htmlFri, 31 Jul 2020 16:52:00 GMTEUROPE ALLOY STEEL SURCHARGE: Slight August increase on higher nickel costsEuropean monthly grade-304 alloy steel surcharges for August have increased slightly from July’s values because of higher nickel costs, Fastmarkets heard on Friday July 31. http://www.metalbulletin.com/Article/3944214/EUROPE-ALLOY-STEEL-SURCHARGE-Slight-August-increase-on-higher-nickel-costs.htmlFri, 31 Jul 2020 16:37:00 GMTDAILY STEEL SCRAP: Prices flat as market falls quiet for religious holidayThe Turkish steel scrap import market was quiet on Friday July 31 because of the Eid al-Adha religious holiday across the region, with no bookings heard and prices flat as a result. http://www.metalbulletin.com/Article/3944515/DAILY-STEEL-SCRAP-Prices-flat-as-market-falls-quiet-for-religious-holiday.htmlFri, 31 Jul 2020 16:20:00 GMTEUROPE HRC: Domestic prices stable, outlook positiveDomestic prices for hot-rolled coil in Northern Europe were fairly stable day on day on Friday July 31 due to the seasonal market slowdown, but sentiment in the market remained positive, sources told Fastmarkets. http://www.metalbulletin.com/Article/3944365/EUROPE-HRC-Domestic-prices-stable-outlook-positive.htmlFri, 31 Jul 2020 15:54:00 GMTUK STEEL SCRAP WEEKLY: Market firm, prices rises expected soonThe inter-merchant spot market for light iron scrap in the UK was unchanged in the week to Friday July 31, with prices remaining firm and expectations of increases to come, sources told Fastmarkets. http://www.metalbulletin.com/Article/3944245/UK-STEEL-SCRAP-WEEKLY-Market-firm-prices-rises-expected-soon.htmlFri, 31 Jul 2020 15:38:00 GMTGLOBAL LITHIUM WRAP: China’s battery-grade carbonate price firms; Europe, US markets continue to soften [CORRECTED]The Chinese battery-grade lithium compound prices were stable in the week to Thursday July 30, with some carbonate producers holding offers firm to test the market, while the European and United States lithium hydroxide spot price narrowed down. http://www.metalbulletin.com/Article/3944121/GLOBAL-LITHIUM-WRAP-Chinas-battery-grade-carbonate-price-firms-Europe-US-markets-continue-to-soften.htmlFri, 31 Jul 2020 15:25:00 GMTRESEARCH: Key takeaways from the latest Galvanized Steel & Tinplate trackerThe latest forecasts from Fastmarkets' team of analysts is ready to view.http://www.metalbulletin.com/Article/3944157/RESEARCH-Key-takeaways-from-the-latest-Galvanized-Steel-and-Tinplate-tracker.htmlFri, 31 Jul 2020 14:24:00 GMTPRICING NOTICE: Amendment to P1020A cif spot Japan premium delivery windowAfter an extended market consultation, Fastmarkets is amending its aluminium P1020A (MJP) spot premium, cif Japan and widening the delivery window from four weeks to six weeks.http://www.metalbulletin.com/Article/3944149/PRICING-NOTICE-Amendment-to-P1020A-cif-spot-Japan-premium-delivery-window.htmlFri, 31 Jul 2020 13:42:00 GMTLIVE FUTURES REPORT 31/07: Strong Asian buying boosts LME zinc price; tin spread narrows amid price spike There was strong demand in London Metal Exchange zinc during the Asia trading hours on Friday July 31, causing the three-month price to rise by 1.3%, while an easing of LME tin’s forward curve prompted similar buying momentum over the morning. http://www.metalbulletin.com/Article/3944088/LIVE-FUTURES-REPORT-3107-Strong-Asian-buying-boosts-LME-zinc-price-tin-spread-narrows-amid-price.htmlFri, 31 Jul 2020 10:40:00 GMTRio Tinto’s Jadar lithium project to enter feasibility study stage, $200mln funding approvedRio Tinto's lithium-borate Jadar project in Serbia is progressing to the feasibility study stage, the company said on Thursday July 30.http://www.metalbulletin.com/Article/3944083/Rio-Tintos-Jadar-lithium-project-to-enter-feasibility-study-stage-200mln-funding-approved.htmlFri, 31 Jul 2020 09:53:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 30Here are five Fastmarkets stories you might have missed on Thursday July 30 that are worth another look.http://www.metalbulletin.com/Article/3944068/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-30.htmlFri, 31 Jul 2020 00:05:00 GMTEUROPE HRC: Domestic prices largely stable, sentiment remains positiveDomestic prices for hot-rolled coil in Northern Europe have been fairly stable day on day on Thursday July 30, sources told Fastmarkets.http://www.metalbulletin.com/Article/3944030/EUROPE-HRC-Domestic-prices-largely-stable-sentiment-remains-positive.htmlThu, 30 Jul 2020 18:07:00 GMTDOWNSTREAM DISPATCH: Metal Link’s nimble distribution model key to success during times of uncertainty, it saysLong-term uncertainty among consumers over end-user demand in Italy benefits downstream distribution network Metal Link who aims to serve consumer needs more quickly than producers who need consumers to have a clear order outlook for around 10 weeks.http://www.metalbulletin.com/Article/3943996/DOWNSTREAM-DISPATCH-Metal-Links-nimble-distribution-model-key-to-success-during-times-of-uncertainty.htmlThu, 30 Jul 2020 18:05:00 GMTDAILY STEEL SCRAP: Price rise continues on further bookingsThe price of steel scrap imported into Turkey rose further on Thursday July 30 on new bookings, continuing the trend started on July 29. http://www.metalbulletin.com/Article/3944032/DAILY-STEEL-SCRAP-Price-rise-continues-on-further-bookings.htmlThu, 30 Jul 2020 17:45:00 GMTLIVE FUTURES REPORT 30/07: US GDP woes see LME base metals prices slide; copper spread tightensThree-month base metals prices on the London Metal Exchange were collectively lower at the close of trading on Thursday July 30, with LME nickel’s 1.3% price dip leading the complex-wide decline, while a tightening of copper’s forward curve led to thin volumes and a negative close on the day. http://www.metalbulletin.com/Article/3944034/LIVE-FUTURES-REPORT-3007-US-GDP-woes-see-LME-base-metals-prices-slide-copper-spread-tightens.htmlThu, 30 Jul 2020 17:10:00 GMTAPEX Q2 2020: ED&F Man’s Meir tops Q2 2020 base metals prediction leaderboardED&F Man’s Ed Meir clinched the top spot on the base metals predictions leaderboard for the second quarter of 2020 with 98.87% accuracy while ING’s Wenyu Yao took the top spot for precious metals predictions over the period with a 98.75% accuracy rating.http://www.metalbulletin.com/Article/3943995/APEX-Q2-2020ED-F-Mans-Meir-tops-Q2-2020-base-metals-prediction-leaderboard.htmlThu, 30 Jul 2020 16:50:00 GMTFOCUS: Iron ore fines supply continues to hang in perilous balanceThe state of the global iron ore supply remains a key risk factor for market participants in 2020 due to mining operations being affected by the Covid-19 pandemic, sources said.http://www.metalbulletin.com/Article/3943674/FOCUS-Iron-ore-fines-supply-continues-to-hang-in-perilous-balance.htmlThu, 30 Jul 2020 15:00:00 GMTTURKEY LONG STEEL EXPORTS: Prices up on costlier scrap, demand still sluggishTurkish rebar export prices have increased over the past week amid rising imported scrap costs, although demand for material was still limited, sources said on Thursday July 30. http://www.metalbulletin.com/Article/3943918/TURKEY-LONG-STEEL-EXPORTS-Prices-up-on-costlier-scrap-demand-still-sluggish.htmlThu, 30 Jul 2020 13:40:00 GMTS KOREA STEEL SCRAP: Buyers shun US offers, secure discount Japan cargoesSouth Korean steelmakers were able to book bulk scrap cargoes from Japan over the past week at low prices although offers for US-origin deep-sea material continued to jump, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3943919/S-KOREA-STEEL-SCRAP-Buyers-shun-US-offers-secure-discount-Japan-cargoes.htmlThu, 30 Jul 2020 13:20:00 GMTEGYPT STEEL BILLET, REBAR: Prices increase on new offers, demand still weakPrices in Egypt for steel billet imports and domestically produced steel rebar increased in the week to Thursday July 30 because of higher offers, despite soft demand, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3943917/EGYPT-STEEL-BILLET-REBAR-Prices-increase-on-new-offers-demand-still-weak.htmlThu, 30 Jul 2020 13:00:00 GMTRESEARCH: Key takeaways from the latest Steel Raw Materials Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view.http://www.metalbulletin.com/Article/3943909/RESEARCH-Key-takeaways-from-the-latest-Steel-Raw-Materials-Market-Tracker.htmlThu, 30 Jul 2020 11:56:00 GMTLIVE FUTURES REPORT 30/07: Thin volume sees downbeat LME complex consolidate lower; copper slides 0.8%Three-month base metals prices on the London Metal Exchange were subdued during morning trading on Thursday July 30, with thin volumes indicating bearish sentiment, while a low dollar and continued outflows did little to stop copper futures from leading on the downside. http://www.metalbulletin.com/Article/3943900/LIVE-FUTURES-REPORT-3007-Thin-volume-sees-downbeat-LME-complex-consolidate-lower-copper-slides-08.htmlThu, 30 Jul 2020 10:28:00 GMTChina-Europe arb leaves European ferro-vanadium inventories dwindling, prices higher [UPDATED]The continued price differential between Chinese and European vanadium prices that sparked interest in exports to China has left inventories in Europe depleted and has eventually sent European prices upward, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3943831/China-Europe-arb-leaves-European-ferro-vanadium-inventories-dwindling-prices-higher-[UPDATED].htmlThu, 30 Jul 2020 08:20:00 GMTMORNING VIEW: More liquidity from US Federal Reserve underpins markets, but are they tiring?Base metals prices were for the most part firmer this morning, Thursday July 30, while broader markets were more mixed.http://www.metalbulletin.com/Article/3943890/MORNING-VIEW-More-liquidity-from-US-Federal-Reserve-underpins-markets-but-are-they-tiring.htmlThu, 30 Jul 2020 08:15:00 GMTNornickel bows to PR pressure, while Q2 output risesTwo weeks after UC Rusal called for new Nornickel management and a relocation of its head office to Norilsk, Siberia - recently the center of three polluting events in six weeks - Nornickel has made several accommodations for its major shareholder. http://www.metalbulletin.com/Article/3943888/Nornickel-bows-to-PR-pressure-while-Q2-output-rises.htmlThu, 30 Jul 2020 07:48:00 GMTFitch tentative on tin output growth, while price hits 2020 highRefined tin production will fall by 2.6% annualized in 2020, then rise by a similar amount - subject to the availability of concentrates to refine - according to a report published by New York-based Fitch Group on Wednesday July 29.http://www.metalbulletin.com/Article/3943864/Fitch-tentative-on-tin-output-growth-while-price-hits-2020-high.htmlThu, 30 Jul 2020 06:55:00 GMTCobalt salts prices surge, but how far will they go? Prices for cobalt salts, including cobalt tetroxide and sulfate, surged in the first half of this week, with suppliers refraining from offering large tonnages in the market. http://www.metalbulletin.com/Article/3943884/Cobalt-salts-prices-surge-but-how-far-will-they-go.htmlThu, 30 Jul 2020 06:09:00 GMTLundin further cuts 2020 copper guidance on Candelaria issuesLundin Mining has further cut its 2020 group copper production guidance due to ore hardness, operational issues and unplanned maintenance stoppages at its Candelaria mine in Chile. http://www.metalbulletin.com/Article/3943880/Lundin-further-cuts-2020-copper-guidance-on-Candelaria-issues.htmlThu, 30 Jul 2020 03:29:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 29Here are five Fastmarkets stories you might have missed on Wednesday July 29 that are worth another look.http://www.metalbulletin.com/Article/3943879/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-29.htmlThu, 30 Jul 2020 00:05:00 GMTMINOR METALS MARKET REPORT 29/07: Antimony gains support on higher offers from China; high deals achieved on cadmium but trend not yet reservedAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3943830/MINOR-METALS-MARKET-REPORT-2907-Antimony-gains-support-on-higher-offers-from-China-high-deals.htmlWed, 29 Jul 2020 21:03:00 GMTCSN aims to increase iron ore output to 10mln tonnes per quarter in H2Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) expects to increase its iron ore production from the third quarter, after transportation issues reduced output in the first six months of the year, the company’s chief financial officer, Marcelo Ribeiro, said on Wednesday July 29.http://www.metalbulletin.com/Article/3943841/CSN-aims-to-increase-iron-ore-output-to-10mln-tonnes-per-quarter-in-H2.htmlWed, 29 Jul 2020 19:42:00 GMTGLOBAL TIN WRAP: High price, tight spreads limit European trade; US, Shanghai premiums steadyGlobal tin premiums were flat in the week ended Tuesday July 28, with a rising three-month tin price on the London Metal Exchange and tightening forward spreads being the key deterrents to spot business, while a closed arbitrage window and lack of spot liquidity meant that deals remained rare. http://www.metalbulletin.com/Article/3943666/GLOBAL-TIN-WRAP-High-price-tight-spreads-limit-European-trade-US-Shanghai-premiums-steady.htmlWed, 29 Jul 2020 19:18:00 GMTSection 232 tariffs would be a mistake as Canadian aluminium production, exports rebalance, AAC says Exports of standard P1020 aluminium from Canada into the United States in July have declined as demand for value-added products (VAP) resumes and smelters rebalance their production, according to the Aluminium Association of Canada (AAC). http://www.metalbulletin.com/Article/3943840/Section-232-tariffs-would-be-a-mistake-as-Canadian-aluminium-production-exports-rebalance-AAC-says.htmlWed, 29 Jul 2020 18:57:00 GMTIndian importers reject South Korean HRC offers for low-cost local supplyIndian importers have rejected import offers of hot-rolled coil from South Korea at a price of $500-505 per tonne cfr Mumbai, citing low domestic prices, Fastmarkets heard on Wednesday July 29. http://www.metalbulletin.com/Article/3943836/Indian-importers-reject-South-Korean-HRC-offers-for-low-cost-local-supply.htmlWed, 29 Jul 2020 18:25:00 GMTLIVE FUTURES REPORT 29/07: LME zinc price unfazed by 15kt inflow, up 1.3% at close; nickel finds momentumThe three-month price of zinc on the London Metal Exchange was the standout performer at the close of trading on Wednesday July 29, shrugging off downward pressure from an inflow of 15,050 tonnes of material in the morning, while nickel followed higher in a positive afternoon session for the majority of the base-metals complex. http://www.metalbulletin.com/Article/3943843/LIVE-FUTURES-REPORT-2907-LME-zinc-price-unfazed-by-15kt-inflow-up-13-at-close-nickel-finds-momentum.htmlWed, 29 Jul 2020 18:15:00 GMTEUROPE HRC: Trading winds down but sentiment remains positive for post-summer activity Domestic prices for hot-rolled coil in have increased over the week to Wednesday July 29 in Northern Europe and stood unchanged in the south of Europe, sources told Fastmarkets. http://www.metalbulletin.com/Article/3943829/EUROPE-HRC-Trading-winds-down-but-sentiment-remains-positive-for-post-summer-activity.htmlWed, 29 Jul 2020 17:44:00 GMTGCC TSAIP releases preliminary results of safeguard case on steel productsThe Technical Secretariat of Anti-Dumping (TSAIP) of the Gulf Co-operation Countries (GCC) has announced its preliminary determination in its steel safeguarding case, the World Trade Organization said on July 23.http://www.metalbulletin.com/Article/3943735/GCC-TSAIP-releases-preliminary-results-of-safeguard-case-on-steel-products.htmlWed, 29 Jul 2020 17:30:00 GMTJAPAN STEEL SCRAP: Export prices rise on firm demand, stronger yenExport prices for bulk cargoes of Japanese steel scrap have risen for the third consecutive week amid solid buying interest, market sources told Fastmarkets on Wednesday July 29. http://www.metalbulletin.com/Article/3943838/JAPAN-STEEL-SCRAP-Export-prices-rise-on-firm-demand-stronger-yen.htmlWed, 29 Jul 2020 17:23:00 GMTBASE METALS WARRANT REPORT 29/07A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday July 29. http://www.metalbulletin.com/Article/3943765/BASE-METALS-WARRANT-REPORT-2907.htmlWed, 29 Jul 2020 17:07:00 GMTCIS STEEL BILLET: Prices rise on limited supply, further rises problematicExport prices for steel billet from the Commonwealth of Independent States continued to climb over the week ended Wednesday July 29, with offers from mills being limited by the ending of the month. http://www.metalbulletin.com/Article/3943828/CIS-STEEL-BILLET-Prices-rise-on-limited-supply-further-rises-problematic.htmlWed, 29 Jul 2020 16:37:00 GMTDAILY STEEL SCRAP: Prices rise again after fresh bookingsTurkish steel mills resumed their deep-sea scrap purchases with prices edging up, sources said on Wednesday July 29. http://www.metalbulletin.com/Article/3943702/DAILY-STEEL-SCRAP-Prices-rise-again-after-fresh-bookings.htmlWed, 29 Jul 2020 16:26:00 GMTEUROPE WIRE ROD: Prices seasonally flat in South, up in North on good demandDomestic prices for mesh-quality steel wire rod in the south of Europe were broadly unchanged in the week to Wednesday July 29, while in the north of the region producers managed to achieve some upticks, supported by good buying and a lack of competitive import offers, sources told Fastmarkets. http://www.metalbulletin.com/Article/3943700/EUROPE-WIRE-ROD-Prices-seasonally-flat-in-South-up-in-North-on-good-demand.htmlWed, 29 Jul 2020 15:55:00 GMTGLOBAL ZINC & LEAD WRAP: Soaring LME stocks stifle spot buying worldwide A major buildup in London Metal Exchange stocks of refined zinc and lead is the main story for both metals this week, with market participants taking warehouse inflows as a sign of supply greatly exceeding demand. http://www.metalbulletin.com/Article/3943696/GLOBAL-ZINC-and-LEAD-WRAP-Soaring-LME-stocks-stifle-spot-buying-worldwide.htmlWed, 29 Jul 2020 15:07:00 GMTIranian steel billet, slab export prices rise after recent salesIranian export prices for steel billet and slab climbed in the week to Wednesday July 29 with customers accepting increases in a recent round of sales. http://www.metalbulletin.com/Article/3943694/Iranian-steel-billet-slab-export-prices-rise-after-recent-sales.htmlWed, 29 Jul 2020 14:05:00 GMTCOKING COAL DAILY: Seaborne premium prices stable in quiet marketSeaborne premium hard coking coal prices were relatively stable on Wednesday July 29 in a quiet seaborne market, with most participants in wait-and-see mode. http://www.metalbulletin.com/Article/3943669/COKING-COAL-DAILY-Seaborne-premium-prices-stable-in-quiet-market.htmlWed, 29 Jul 2020 13:15:00 GMTRESEARCH: Key takeaways from the latest Base Metals Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. We also review our price forecasting accuracy for the second quarter 2020.http://www.metalbulletin.com/Article/3943672/RESEARCH-Key-takeaways-from-the-latest-Base-Metals-Market-Tracker.htmlWed, 29 Jul 2020 13:05:00 GMTEUROPE PLATE: Domestic prices rise in Italy, re-rollers push for further increaseDomestic transaction prices in Italy for heavy steel plate have continued to rise and re-rollers have announced further price increases due to high slab costs, sources told Fastmarkets on Wednesday July 29. http://www.metalbulletin.com/Article/3943673/EUROPE-PLATE-Domestic-prices-rise-in-Italy-re-rollers-push-for-further-increase.htmlWed, 29 Jul 2020 13:00:00 GMTGLOBAL NICKEL WRAP: Longstanding lack of arbitrage opportunities weighs on China premiumsThe firmly-closed arbitrage window between the London Metal Exchange and Shanghai Futures Exchange manifested in lower China nickel premiums in the week to Tuesday July 28, with a lack of profit-making pushing deals lower, Fastmarkets heard.http://www.metalbulletin.com/Article/3943664/GLOBAL-NICKEL-WRAP-Longstanding-lack-of-arbitrage-opportunities-weighs-on-China-premiums.htmlWed, 29 Jul 2020 12:48:00 GMTLIVE FUTURES REPORT 29/07: LME zinc nears $2,300/t despite 15kt fresh inflow; Ni up 1.1%The London Metal Exchange three-month zinc price made gains during the morning session on Wednesday July 29 after a further 15,050-tonne fresh inflow into LME approved warehouses this morning. http://www.metalbulletin.com/Article/3943659/LIVE-FUTURES-REPORT-2907-LME-zinc-nears-2300t-despite-15kt-fresh-inflow-Ni-up-11.htmlWed, 29 Jul 2020 10:10:00 GMTMORNING VIEW: Markets broadly mixed ahead of decisions from US Federal Reserve, CongressMarkets were for the most part consolidating this morning, Wednesday July 29, with base and precious metals prices mixed, albeit with the path of least resistance remaining to the upside.http://www.metalbulletin.com/Article/3943654/MORNING-VIEW-Markets-broadly-mixed-ahead-of-decisions-from-US-Federal-Reserve-Congress.htmlWed, 29 Jul 2020 09:26:00 GMTChina’s ferro-niobium imports hit 7-month high in JuneChina’s imports for ferro-niobium hit a seven-month high of 5,343 tonnes in June, up by around 63.2% from approximately 3,274 tonnes in May, according to the latest available Chinese customs data. http://www.metalbulletin.com/Article/3943642/Chinas-ferro-niobium-imports-hit-7-month-high-in-June.htmlWed, 29 Jul 2020 03:49:00 GMTFirst Quantum cuts 2020 copper production guidance for Cobre Panama, groupFirst Quantum Minerals has cut its 2020 production guidance for its Cobre Panama copper project by as much as 105,000 tonnes and further lowered its group copper production guidance for the year due to the effects of the Covid-19 pandemic.http://www.metalbulletin.com/Article/3943638/First-Quantum-cuts-2020-copper-production-guidance-for-Cobre-Panama-group.htmlWed, 29 Jul 2020 03:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 28Here are five Fastmarkets stories you might have missed on Tuesday July 28 that are worth another look.http://www.metalbulletin.com/Article/3943640/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-28.htmlWed, 29 Jul 2020 00:05:00 GMTGLOBAL ALUMINIUM WRAP: European premiums rise on contango; increased demand in BrazilAluminium premiums in Europe and Brazil moved higher during the week to Tuesday July 28 amid cautiously bullish sentiment, while other areas remained stable.http://www.metalbulletin.com/Article/3943609/GLOBAL-ALUMINIUM-WRAP-European-premiums-rise-on-contango-increased-demand-in-Brazil.htmlTue, 28 Jul 2020 22:25:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 28/07A summary of base metals premiums from across the globe for the week to Tuesday July 28.http://www.metalbulletin.com/Article/3943607/WEEKLY-BASE-METAL-PREMIUMS-REPORT-2807.htmlTue, 28 Jul 2020 22:09:00 GMTMexican steel scrap prices stabilize after dropFerrous scrap prices in Mexico were steady for the week ended Friday July 24, with the market stabilizing after nearly a month of price reductions. http://www.metalbulletin.com/Article/3943628/Mexican-steel-scrap-prices-stabilize-after-drop.htmlTue, 28 Jul 2020 20:34:00 GMTEUROPE HRC: Domestic prices stable in slow market in Northern EuropeDomestic prices for hot-rolled coil in Northern Europe remained stable day on day on Tuesday July 28 due to the seasonal slowdown in demand, sources told Fastmarkets. http://www.metalbulletin.com/Article/3943617/EUROPE-HRC-Domestic-prices-stable-in-slow-market-in-Northern-Europe.htmlTue, 28 Jul 2020 19:00:00 GMTLIVE FUTURES REPORT 28/07: LME base metals prices stall ahead of US stimulus announcementLME three-month base metals prices failed to make significant gains at the close on Tuesday July 28, stalling ahead of tomorrow's clarification on US fiscal stimulus measures. http://www.metalbulletin.com/Article/3943608/LIVE-FUTURES-REPORT-2807-LME-base-metals-prices-stall-ahead-of-US-stimulus-announcement.htmlTue, 28 Jul 2020 18:16:00 GMTINTERVIEW: Rusal to increase focus on Asia after cashing in on aluminium arb opportunities After successfully taking advantage of the open arbitrage between London Metal Exchange and the Shanghai Futures Exchange aluminium prices in the previous quarter, Rusal is focusing on expanding its market share in Asia. http://www.metalbulletin.com/Article/3943606/INTERVIEW-Rusal-to-increase-focus-on-Asia-after-cashing-in-on-aluminium-arb-opportunities.htmlTue, 28 Jul 2020 17:31:00 GMTRUSSIA REBAR: Prices up on shortage after mill floodDomestic prices for steel rebar in Russia’s Central Federal District around Moscow went up Monday July 27 when a shortage appeared in the market because operations at Novolipetsk Steel’s Urals mill were stopped by a flood. http://www.metalbulletin.com/Article/3943599/RUSSIA-REBAR-Prices-up-on-shortage-after-mill-flood.htmlTue, 28 Jul 2020 16:40:00 GMTDAILY STEEL SCRAP: Turkish mills remain quiet ahead of holiday period, prices firmTurkish steel producers continued to stay away from the deep-sea scrap market on Tuesday July 28, largely because of strong prices, but also due to the impending holiday period, sources told Fastmarkets. http://www.metalbulletin.com/Article/3943561/DAILY-STEEL-SCRAP-Turkish-mills-remain-quiet-ahead-of-holiday-period-prices-firm.htmlTue, 28 Jul 2020 16:01:00 GMTCIS FLAT STEEL: Prices up as suppliers focus on other marketsThe export market for flat steel products from the Commonwealth of Independent States went up during the week to Monday July 27 because Russian suppliers continued to focus on their domestic market, while Ukrainian producers concentrated on steel slab sales. http://www.metalbulletin.com/Article/3943486/CIS-FLAT-STEEL-Prices-up-as-suppliers-focus-on-other-markets.htmlTue, 28 Jul 2020 15:40:00 GMTLow-carbon aluminium VAPs can achieve a premium, Rusal says Low-carbon and sustainable aluminium is a game changer in the post-Covid-19 world with value-added products already achieving an upcharge, Roman Andryushin, sales and marketing director for Rusal, told Fastmarkets on Tuesday July 28. http://www.metalbulletin.com/Article/3943554/Low-carbon-aluminium-VAPs-can-achieve-a-premium-Rusal-says.htmlTue, 28 Jul 2020 15:27:00 GMTGULF FLAT STEEL IMPORTS: Prices subdued by religious holidayFlat steel import prices in the United Arab Emirates and Saudi Arabia were mostly stable this week, with demand only weak, sources told Fastmarkets on Tuesday July 28. http://www.metalbulletin.com/Article/3943556/GULF-FLAT-STEEL-IMPORTS-Prices-subdued-by-religious-holiday.htmlTue, 28 Jul 2020 15:00:00 GMTMANGANESE ORE ANALYTICS: July 27, 2020 The latest data for the global manganese ore market for the week ended Monday July 27, 2020.http://www.metalbulletin.com/Article/3943509/MANGANESE-ORE-ANALYTICS-July-27-2020.htmlTue, 28 Jul 2020 12:20:00 GMTIRON ORE DAILY: Prices rebound on easing fears over US-China tensions Iron ore prices mostly rose on Tuesday July 28 after trading sentiment recovered due to an easing in tensions between the United States and China. http://www.metalbulletin.com/Article/3943510/IRON-ORE-DAILY-Prices-rebound-on-easing-fears-over-US-China-tensions.htmlTue, 28 Jul 2020 12:02:00 GMTLIVE FUTURES REPORT 28/07: LME nickel price sees 2% correction in steady selling; fresh inflows pressure zincThe three-month nickel price on the London Metal Exchange was lower during morning trading on Tuesday July 28, with selling pressure emerging during Asian trading hours, while a continued influx of material caused the LME zinc price to drop by 1%. http://www.metalbulletin.com/Article/3943492/LIVE-FUTURES-REPORT-2807-LME-nickel-price-sees-2-correction-in-steady-selling-fresh-inflows-pressure.htmlTue, 28 Jul 2020 10:26:00 GMTNew Century, Vale extend exclusivity period for VNC saleNew Century Resources and Vale Canada have mutually agreed to extend the exclusivity period for the former’s acquisition of Vale New Caledonia (VNC) by 45 days, it was announced at a press conference held by VNC chief Antonin Beurrier on Tuesday July 28.http://www.metalbulletin.com/Article/3943489/New-Century-Vale-extend-exclusivity-period-for-VNC-sale.htmlTue, 28 Jul 2020 10:10:00 GMTPebble copper-gold mine in Alaska gets green lightA long-delayed Alaskan mine that could be one of the biggest copper and gold producers in the United States has gained final environmental approval. http://www.metalbulletin.com/Article/3943479/Pebble-copper-gold-mine-in-Alaska-gets-green-light.htmlTue, 28 Jul 2020 07:15:00 GMTSupervisors at Centinela, Zaldivar copper mines reach labor deals with AntofagastaSupervisors at Antofagasta’s Zaldivar and Centinela copper mines in Chile have agreed to new contract offers, averting possible strike action at both operations.http://www.metalbulletin.com/Article/3943481/Supervisors-at-Centinela-Zaldivar-copper-mines-reach-labor-deals-with-Antofagasta.htmlTue, 28 Jul 2020 06:42:00 GMTFOCUS: Resource nationalism key risk for miners amid economic volatility Resource nationalism is one of the key risks miners will face in the increasingly volatile macroeconomic environment worsened by the Covid-19 pandemic, global law firm White & Case told Fastmarkets this week. http://www.metalbulletin.com/Article/3943268/FOCUS-Resource-nationalism-key-risk-for-miners-amid-economic-volatility.htmlTue, 28 Jul 2020 05:40:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 27Here are five Fastmarkets stories you might have missed on Monday July 27 that are worth another look.http://www.metalbulletin.com/Article/3943471/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-27.htmlTue, 28 Jul 2020 00:05:00 GMTBrazilian steel consumption set to fall by 14.4% in 2020, Aço Brasil saysBrazilian apparent steel consumption is set to fall by 14.4% in 2020 as first-half figures were largely affected by restrictions put in place to limit the spread of the Covid-19 pandemic, the national steelmakers’ association, Instituto Aço Brasil, said on Monday July 27.http://www.metalbulletin.com/Article/3943468/Brazilian-steel-consumption-set-to-fall-by-144-in-2020-Ao-Brasil-says.htmlMon, 27 Jul 2020 23:20:00 GMTUS threatens to cut Brazilian semi-finished steel quota - Aço BrasilThe United States government has been threatening to reduce an existing quota for imports of semi-finished steel products from Brazil in 2020, national steel institute Aço Brasil said on Monday July 27.http://www.metalbulletin.com/Article/3943469/US-threatens-to-cut-Brazilian-semi-finished-steel-quota-Ao-Brasil.htmlMon, 27 Jul 2020 22:41:00 GMTCIS LONG STEEL EXPORTS: Mills keep offers high despite limited demandOffer prices for exports of steel rebar and wire rod from the CIS region trended upward in the second half of July, with mills citing increased scrap costs and long steel prices in Turkey, but trading activity was limited amid thin demand in the majority of markets. http://www.metalbulletin.com/Article/3943456/CIS-LONG-STEEL-EXPORTS-Mills-keep-offers-high-despite-limited-demand.htmlMon, 27 Jul 2020 19:45:00 GMTLIVE FUTURES REPORT 27/07: LME tin price above $18,000 at year-high; lead performs well despite inflowsThe three-month price of tin on the London Metal Exchange was higher at the close of trading on Monday July 27, at its highest settlement price since July 2019 in a 2.2% rise on the day, with lead futures following upward despite a sizable 10,000-tonne stock inflow. http://www.metalbulletin.com/Article/3943446/LIVE-FUTURES-REPORT-2707-LME-tin-price-above-18000-at-year-high-lead-performs-well-despite-inflows.htmlMon, 27 Jul 2020 16:32:00 GMTEUROPE HRC: Domestic prices rise despite seasonal slowdownDomestic prices for hot-rolled coil in Northern Europe increased day on day on Monday July 27 despite a seasonal decline in demand, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3943442/EUROPE-HRC-Domestic-prices-rise-despite-seasonal-slowdown.htmlMon, 27 Jul 2020 16:16:00 GMTCIS STEEL SLAB: Prices climb again on deals to TurkeyCIS export steel slab prices continued to increase in the week to Monday July 27, supported by the revival of trading activity in the Turkish market. http://www.metalbulletin.com/Article/3943380/CIS-STEEL-SLAB-Prices-climb-again-on-deals-to-Turkey.htmlMon, 27 Jul 2020 16:00:00 GMTTURKEY DOMESTIC STEEL SCRAP: Rising import costs push prices upwardTurkish domestic steel scrap prices have continued to increase over the past week amid rising imported scrap values, sources said on Monday July 27. http://www.metalbulletin.com/Article/3943346/TURKEY-DOMESTIC-STEEL-SCRAP-Rising-import-costs-push-prices-upward.htmlMon, 27 Jul 2020 14:10:00 GMTTrader resistance, growing buying interest ease China portside manganese ore price falls Resistance among some Chinese manganese ore traders to make further compromises on offer prices has prevented portside prices from falling significantly in the week to Friday July 24, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3943279/Trader-resistance-growing-buying-interest-ease-China-portside-manganese-ore-price-falls.htmlMon, 27 Jul 2020 13:26:00 GMTEUROPE HRC WRAP: Domestic prices in slow rise in north as summer slowdown startsDomestic prices for steel hot-rolled coil continued to recover in Northern Europe in the week ended Friday July 24, although at a slower pace due to the start of the seasonal market slowdown. http://www.metalbulletin.com/Article/3943308/EUROPE-HRC-WRAP-Domestic-prices-in-slow-rise-in-north-as-summer-slowdown-starts.htmlMon, 27 Jul 2020 13:20:00 GMTIRON ORE DAILY: Further slump in prices for seaborne cargoes due to short-term uncertainty Seaborne iron ore prices were down on Monday July 27, prompted by uncertainty over the short-term outlook due to escalating political tensions between the United States and China, according to trade sources. http://www.metalbulletin.com/Article/3943283/IRON-ORE-DAILY-Further-slump-in-prices-for-seaborne-cargoes-due-to-short-term-uncertainty.htmlMon, 27 Jul 2020 12:16:00 GMTWEBINAR: Market diversity demands different battery chemistries but nickel-rich cells to hold dominant position Diversified downstream requirements on costs and performance will point to the need for different battery chemistries, but in the long run, nickel-rich batteries will dominate the electric vehicle (EV) market, delegates heard during Fastmarkets’ “A critical look into the impact of Covid-19 on cathode materials” webinar on Tuesday July 21. http://www.metalbulletin.com/Article/3943263/WEBINAR-Market-diversity-demands-different-battery-chemistries-but-nickel-rich-cells-to-hold-dominant.htmlMon, 27 Jul 2020 11:59:00 GMTCOKING COAL DAILY: Demand recovery sparks upturn in seaborne fob premium priceThe price of seaborne premium hard coking coal in the fob market went up on Monday July 27 in the latest transaction. While Chinese demand for seaborne materials was constrained by the country’s import restrictions, markets outside of China were showing signs of recovery. http://www.metalbulletin.com/Article/3943281/COKING-COAL-DAILY-Demand-recovery-sparks-upturn-in-seaborne-fob-premium-price.htmlMon, 27 Jul 2020 11:43:00 GMTCHINA HRC: Traders optimistic about export prices despite domestic decreasesChina’s domestic hot-rolled coil prices dipped on Monday July 27, but sources are still expecting export prices to remain stable due to mills not being in any rush to sell.http://www.metalbulletin.com/Article/3943275/CHINA-HRC-Traders-optimistic-about-export-prices-despite-domestic-decreases.htmlMon, 27 Jul 2020 11:31:00 GMTLIVE FUTURES REPORT 27/07: LME nickel price climbs 1% in positive opening; zinc, lead inflows continueThe three-month nickel price on the London Metal Exchange was higher during morning trading on Monday July 27, with price action continuing to trend higher amid steady buying momentum, while sizable inflows in both zinc and lead this morning failed to pressure the metals’ outright prices lower. http://www.metalbulletin.com/Article/3943271/LIVE-FUTURES-REPORT-2707-LME-nickel-price-climbs-1-in-positive-opening-zinc-lead-inflows-continue.htmlMon, 27 Jul 2020 10:28:00 GMTMORNING VIEW: Broader markets mixed; gold at record levels, base metals higher tooGold is setting fresh record highs with prices having been as high as $1,943.70 per oz this morning, Monday July 27, while the base metals on the London Metal Exchange were up by an average of 0.8%. http://www.metalbulletin.com/Article/3943264/MORNING-VIEW-Broader-markets-mixed-gold-at-record-levels-base-metals-higher-too.htmlMon, 27 Jul 2020 09:23:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 24Here are five Fastmarkets stories you might have missed on Friday July 24 that are worth another look.http://www.metalbulletin.com/Article/3943243/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-24.htmlMon, 27 Jul 2020 00:05:00 GMTSouth American flat steel import prices up on higher Chinese offersThe majority of South American import prices for flat-rolled steel went up during the week to Friday July 24 with new offers getting more expensive and lower bids from customers being rejected. http://www.metalbulletin.com/Article/3943231/South-American-flat-steel-import-prices-up-on-higher-Chinese-offers.htmlFri, 24 Jul 2020 19:35:00 GMTBrazilian slab export prices up on improving demandBrazilian export prices for steel slab increased in the week ended Friday July 24, because demand was recovering amid tight material availability. http://www.metalbulletin.com/Article/3943219/Brazilian-slab-export-prices-up-on-improving-demand.htmlFri, 24 Jul 2020 19:05:00 GMTTIMELINE: Covid-19 sends manganese ore index, 37% Mn, cif Tianjin, on roller-coasterThe manganese ore index 37% Mn, cif Tianjin, has soared and slumped since March, with South African supply initially tightening and then ramping back up after restrictions were lifted.http://www.metalbulletin.com/Article/3943188/TIMELINE-Covid-19-sends-manganese-ore-index-37-Mn-cif-Tianjin-on-roller-coaster.htmlFri, 24 Jul 2020 18:57:00 GMTTURKEY COATED FLAT STEEL: Domestic prices up on higher material costsTurkish prices in the domestic market for hot-dipped galvanized coil (HDG) and color-coated coil increased in the week to Friday July 24, supported by higher feedstock prices, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3943208/TURKEY-COATED-FLAT-STEEL-Domestic-prices-up-on-higher-material-costs.htmlFri, 24 Jul 2020 18:38:00 GMTTURKEY FLAT STEEL: Domestic prices rise on high raw material costsDomestic prices for both hot-rolled coil and cold-rolled coil in Turkey have increased over the week to Friday July 24, supported by higher raw material costs, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3943193/TURKEY-FLAT-STEEL-Domestic-prices-rise-on-high-raw-material-costs.htmlFri, 24 Jul 2020 18:13:00 GMTLIVE FUTURES REPORT 24/07: Surging US Covid-19 cases pressure LME prices; copper sinks below $6,500Three-month base metals prices on the London Metal Exchange were mostly lower at the close of trading on Friday July 24, with a continued uptrend in the numbers of Covid-19 cases in the US prompting broad risk-off sentiment across the country’s trading hours. http://www.metalbulletin.com/Article/3943194/LIVE-FUTURES-REPORT-2407-Surging-US-Covid-19-cases-pressure-LME-prices-copper-sinks-below-6500.htmlFri, 24 Jul 2020 17:44:00 GMTUS PIG IRON: No spot activity seen amid reduced demand No activity was again reported in the United States’ spot import pig iron market during the week ended Friday July 24, with pig iron prices still considered high compared with those for scrap and demand weak amid low utilization rates.http://www.metalbulletin.com/Article/3943187/US-PIG-IRON-No-spot-activity-seen-amid-reduced-demand.htmlFri, 24 Jul 2020 17:35:00 GMTDAILY STEEL SCRAP: Turkish mills book nearly 250,000 tonnes of deep-sea scrap in a weekTurkish steel mills stayed out of the deep-sea scrap market on Friday July 24, but still ended the week having booked around 248,000 tonnes of scrap, sources told Fastmarkets. http://www.metalbulletin.com/Article/3943142/DAILY-STEEL-SCRAP-Turkish-mills-book-nearly-250000-tonnes-of-deep-sea-scrap-in-a-week.htmlFri, 24 Jul 2020 17:27:00 GMTEUROPE HRC: Domestic prices stable despite slow demandDomestic prices for hot-rolled coil in Northern Europe were fairly stable day on day on Friday July 24 despite a seasonal demand decline, sources have told Fastmarkets.http://www.metalbulletin.com/Article/3943179/EUROPE-HRC-Domestic-prices-stable-despite-slow-demand.htmlFri, 24 Jul 2020 17:22:00 GMTPOLAND REBAR: Local mills push for price increases despite seasonal slowdownDomestic steel rebar producers in Poland increased their prices as expected in the week to Friday July 24, although so far buyers have been reluctant to accept the new levels, sources told Fastmarkets. http://www.metalbulletin.com/Article/3943096/POLAND-REBAR-Local-mills-push-for-price-increases-despite-seasonal-slowdown.htmlFri, 24 Jul 2020 16:57:00 GMTIndian HRC export prices up by $15 per tonneIndian mills have achieved an increase of $15 per tonne in their export prices for hot-rolled coil in the week ended Friday July 24, on exports to South-east Asia and Africa. http://www.metalbulletin.com/Article/3943184/Indian-HRC-export-prices-up-by-15-per-tonne.htmlFri, 24 Jul 2020 16:48:00 GMTGLOBAL MANGANESE SNAPSHOT: Ore prices consolidate at lower levels; activity thins ahead of September offers Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday July 24. http://www.metalbulletin.com/Article/3943147/GLOBAL-MANGANESE-SNAPSHOT-Ore-prices-consolidate-at-lower-levels-activity-thins-ahead-of-September.htmlFri, 24 Jul 2020 16:45:00 GMTChinese cobalt metal price surges on futures gains; healthy import appetite points to higher shipments in Aug-Sep The spot cobalt metal price in China continued to rally in the second half of the week following upturns in the local futures market since Thursday and a slight improvement in consumers’ restocking appetite. http://www.metalbulletin.com/Article/3943133/Chinese-cobalt-metal-price-surges-on-futures-gains-healthy-import-appetite-points-to-higher-shipments.htmlFri, 24 Jul 2020 16:32:00 GMTNOBLE ALLOYS MARKET REPORT 24/07: Ferro-vanadium climbs on increased spot activity An overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3943137/NOBLE-ALLOYS-MARKET-REPORT-2407-Ferro-vanadium-climbs-on-increased-spot-activity.htmlFri, 24 Jul 2020 16:30:00 GMTDownstream weakness, easing supply concerns pressure Chinese ferro-silicon market lower The Chinese domestic ferro-silicon market dipped in the most recent trading session due to the continuing sluggish downstream magnesium market and easing supply concerns, with smelters ramping up their operations. http://www.metalbulletin.com/Article/3943114/Downstream-weakness-easing-supply-concerns-pressure-Chinese-ferro-silicon-market-lower.htmlFri, 24 Jul 2020 15:12:00 GMTCIS PIG IRON: Market firm on Chinese demand as Turkish interest revivesThe market for pig iron exports from the Commonwealth of Independent States (CIS) was firm during the week ended Thursday July 23, on continued demand in China and resumed interest in Turkey. http://www.metalbulletin.com/Article/3943129/CIS-PIG-IRON-Market-firm-on-Chinese-demand-as-Turkish-interest-revives.htmlFri, 24 Jul 2020 14:33:00 GMTIRON ORE DAILY: Seaborne prices follow futures downturn amid rising China-US trade tensionsSeaborne iron ore prices fell on Friday July 24, following a downturn in the futures market amid growing concerns over escalating tensions between China and the United States. http://www.metalbulletin.com/Article/3943116/IRON-ORE-DAILY-Seaborne-prices-follow-futures-downturn-amid-rising-China-US-trade-tensions.htmlFri, 24 Jul 2020 13:57:00 GMTResumed Chinese alumina capacity puts pressure on domestic price The Chinese domestic alumina price fell on Thursday July 23 in response to plans to resume idled alumina capacities and due to a contracting aluminium price on the Shanghai Futures Exchange. http://www.metalbulletin.com/Article/3942907/Resumed-Chinese-alumina-capacity-puts-pressure-on-domestic-price.htmlFri, 24 Jul 2020 13:57:00 GMTSteel billet prices in Southeast Asia jump despite slower Chinese buyingOffer prices for steel billet imported into Southeast Asia have risen sharply over the past week despite more stable prices for cargoes sold into China, market participants told Fastmarkets on Friday July 24. http://www.metalbulletin.com/Article/3943117/Steel-billet-prices-in-Southeast-Asia-jump-despite-slower-Chinese-buying.htmlFri, 24 Jul 2020 13:45:00 GMTWorld crude steel production down 7% year on year in JuneWorld crude steel production for the 64 countries reporting to the World Steel Association (Worldsteel) fell 7% year on year in June 2020. http://www.metalbulletin.com/Article/3943092/World-crude-steel-production-down-7-year-on-year-in-June.htmlFri, 24 Jul 2020 13:00:00 GMTCOKING COAL DAILY: Seaborne prices relatively stable due to Chinese demandSeaborne coking coal prices were relatively stable across the board on Friday July 24, with Chinese steel mills that still have import quotas preferring higher-quality material, sources told Fastmarkets.http://www.metalbulletin.com/Article/3943110/COKING-COAL-DAILY-Seaborne-prices-relatively-stable-due-to-Chinese-demand.htmlFri, 24 Jul 2020 12:24:00 GMTCHINA HRC: Escalating US-China tensions spook ferrous market investorsChina’s hot-rolled coil prices fell on Friday July 24, with investors fretting over the worsening relations between China and the United States. http://www.metalbulletin.com/Article/3943102/CHINA-HRC-Escalating-US-China-tensions-spook-ferrous-market-investors.htmlFri, 24 Jul 2020 11:22:00 GMTLIVE FUTURES REPORT 24/07: Positive eurozone data fails to stem LME base metals correctionThree-month base metals prices on the London Metal Exchange softened during morning trading on Friday July 24, with positive manufacturing data out of Europe and a continued drawdown in LME stocks doing little to stop a complex-wide correction, that saw most metals decline by more than 1%. http://www.metalbulletin.com/Article/3943104/LIVE-FUTURES-REPORT-2407-Positive-eurozone-data-fails-to-stem-LME-base-metals-correction.htmlFri, 24 Jul 2020 10:43:00 GMTPRICING NOTICE: Launch of tantalum concentrate priceFastmarkets today launches a weekly tantalum concentrate price assessment, expanding its current price coverage of raw materials. http://www.metalbulletin.com/Article/3942947/PRICING-NOTICE-Launch-of-tantalum-concentrate-price.htmlFri, 24 Jul 2020 10:04:00 GMTAT A GLANCE: Teck lowers copper, zinc guidance after weak performance at Antamina, Red DogA summary of Teck’s non-ferrous metals production results for the three months ended June 30, as well as its adjusted full-year production guidance, as stated in the company’s latest quarterly report released on Wednesday July 22.http://www.metalbulletin.com/Article/3942945/AT-A-GLANCE-Teck-lowers-copper-zinc-guidance-after-weak-performance-at-Antamina-Red-Dog.htmlFri, 24 Jul 2020 08:57:00 GMTMORNING VIEW: LME, SHFE base metals prices on divergent paths; equities weakThe base metals were polarized this morning, Friday July 24, with prices on the London Metal Exchange down across the board, while the opposite was true for those on the Shanghai Futures Exchange.http://www.metalbulletin.com/Article/3943094/MORNING-VIEWLME-SHFE-base-metals-prices-on-divergent-paths-equities-weak.htmlFri, 24 Jul 2020 08:41:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 23Here are five Fastmarkets stories you might have missed on Thursday July 23 that are worth another look.http://www.metalbulletin.com/Article/3943084/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-23.htmlFri, 24 Jul 2020 00:05:00 GMTSPECIAL REPORT: New reality for European HRC importersAdjusted steel safeguard measures in Europe, combined with new trade cases, will limit availability of imported hot-rolled coil and support domestic prices. http://www.metalbulletin.com/Article/3943063/SPECIAL-REPORT-New-reality-for-European-HRC-importers.htmlThu, 23 Jul 2020 17:40:00 GMTLIVE FUTURES REPORT 23/07: LME nickel price up 4.5% as Tesla urges more mining; copper tightensThe three-month nickel price on the London Metal Exchange rallied at the close of trading on Thursday July 23, with the price settling more than 4% higher after US carmaker Tesla called for a ramp-up in global nickel mining. http://www.metalbulletin.com/Article/3943060/LIVE-FUTURES-REPORT-2307-LME-nickel-price-up-45-as-Tesla-urges-more-mining-copper-tightens.htmlThu, 23 Jul 2020 17:18:00 GMTEUROPE HRC: Domestic prices stabilize on seasonal market slowdownDomestic prices for hot-rolled coil in Northern Europe were fairly stable day on day on Thursday July 23, due to the seasonal market slowdown, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3943055/EUROPE-HRC-Domestic-prices-stabilize-on-seasonal-market-slowdown.htmlThu, 23 Jul 2020 17:00:00 GMTDAILY STEEL SCRAP: Turkish mills book more cargoes for August; prices continue to riseTurkish steel mills have continued to book deep-sea scrap cargoes for August shipment with improving prices, sources said on Thursday July 23. http://www.metalbulletin.com/Article/3942983/DAILY-STEEL-SCRAP-Turkish-mills-book-more-cargoes-for-August-prices-continue-to-rise.htmlThu, 23 Jul 2020 16:23:00 GMTFreeport expects higher Cerro Verde copper output in H2The Cerro Verde copper mine in Peru operated at around 80% of its 2019 average levels in June but is expected to see operations increase in the second half, according to majority owner Freeport-McMoRan. http://www.metalbulletin.com/Article/3942952/Freeport-expects-higher-Cerro-Verde-copper-output-in-H2.htmlThu, 23 Jul 2020 15:43:00 GMTTURKEY STEEL BILLET: Rising scrap costs, tight supply in CIS push up billet pricesTurkish steel billet prices have increased over the past week in line with rising scrap costs and tightening supply in the Commonwealth of Independent States (CIS) region, sources said on Thursday July 23. http://www.metalbulletin.com/Article/3942980/TURKEY-STEEL-BILLET-Rising-scrap-costs-tight-supply-in-CIS-push-up-billet-prices.htmlThu, 23 Jul 2020 15:00:00 GMTIranian billet exporters push prices up again on positive sentimentSteel billet producers in Iran continued to push their prices for foreign customers further upward in the week to Wednesday July 22, supported by a generally positive mood in the global steel market as well as continuing strong domestic demand. http://www.metalbulletin.com/Article/3942949/Iranian-billet-exporters-push-prices-up-again-on-positive-sentiment.htmlThu, 23 Jul 2020 14:45:00 GMTFOCUS: China’s APT market rebounding; concentrate follows higherChina’s ammonium paratungstate (APT) market is showing signs of a recovery after prices climbed to around 125,000 yuan ($17,871) per tonne this week, having held closer to 120,000 yuan per tonne for approximately a month. http://www.metalbulletin.com/Article/3942903/FOCUS-Chinas-APT-market-rebounding-concentrate-follows-higher.htmlThu, 23 Jul 2020 14:35:00 GMTCovid-19 creating 5-6 month schedule delay at QB2 project, Teck says Teck Resources expects to return the workforce at its Quebrada Blanca Phase 2 (QB2) copper project in northern Chile to pre-Covid-19 levels by the end of October and anticipates a schedule delay of up to six months, the company said. http://www.metalbulletin.com/Article/3942941/Covid-19-creating-5-6-month-schedule-delay-at-QB2-project-Teck-says.htmlThu, 23 Jul 2020 13:58:00 GMTCOKING COAL DAILY: Seaborne premium prices dip; India steel mills buy spot cargoesSeaborne premium hard coking coal prices went down slightly on Thursday July 23 with no transactions heard today, although sources indicated that Indian steel mills had been purchasing seaborne material recently.http://www.metalbulletin.com/Article/3942933/COKING-COAL-DAILY-Seaborne-premium-prices-dip-India-steel-mills-buy-spot-cargoes.htmlThu, 23 Jul 2020 12:32:00 GMTRESEARCH: Key takeaways from the latest Steel Raw Materials Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3942937/RESEARCH-Key-takeaways-from-the-latest-Steel-Raw-Materials-Market-Tracker.htmlThu, 23 Jul 2020 12:15:00 GMTIRON ORE DAILY: Prices rangebound amid rising China-US tensionsSeaborne iron ore prices were largely rangebound on Thursday July 23 with political tensions rising between the United States and China, according to trade sources. http://www.metalbulletin.com/Article/3942934/IRON-ORE-DAILY-Prices-rangebound-amid-rising-China-US-tensions.htmlThu, 23 Jul 2020 11:50:00 GMTTesla’s Musk calls for more nickel mining Elon Musk, chief executive officer of electric vehicle (EV) producer Tesla, publicly called for a ramp-up in global nickel mining in line with the company’s production boost during a presentation on the company’s second-quarter results on Wednesday July 22. http://www.metalbulletin.com/Article/3942915/Teslas-Musk-calls-for-more-nickel-mining.htmlThu, 23 Jul 2020 11:21:00 GMTLIVE FUTURES REPORT 23/07: LME nickel price up 3.3% in high-volume trading; copper C/3M narrowsThe three-month nickel price on the London Metal Exchange was higher during morning trading on Thursday July 23, with strong turnover across the Asian session leading price action to gain just under $400 per tonne over the morning, while copper spreads continued to tighten.http://www.metalbulletin.com/Article/3942914/LIVE-FUTURES-REPORT-2307-LME-nickel-price-up-33-in-high-volume-trading-copper-C3M-narrows.htmlThu, 23 Jul 2020 10:32:00 GMTMORNING VIEW: Markets broadly mixed in line with geopolitical, economic crosswindsHeightened diplomatic tensions between the United States and China, and their potential implications on the phase one trade deal struck between the two nations, were a headwind for the base metals this morning, Thursday July 23. Meanwhile, more liquidity keeps underlying sentiment bullish, as do supply concerns.http://www.metalbulletin.com/Article/3942909/MORNING-VIEW-Markets-broadly-mixed-in-line-with-geopolitical-economic-crosswinds.htmlThu, 23 Jul 2020 09:11:00 GMTFOCUS: China emerges as savior for steel amid weak global economyChina has become the savior of the global steel market, with its big appetite and high domestic prices supporting the international ferrous supply chain amid the Covid-19 pandemic.http://www.metalbulletin.com/Article/3942901/FOCUS-China-emerges-as-savior-for-steel-amid-weak-global-economy.htmlThu, 23 Jul 2020 09:02:00 GMTRamu NiCo ops, formerly at peak, seem OK after earthquakeThe Ramu NiCo mine, which produced at record levels in the first quarter of the year, appears to be operating normally despite a 7.0 earthquake that hit Papua New Guinea on Friday July 17.http://www.metalbulletin.com/Article/3942900/Ramu-NiCo-ops-formerly-at-peak-seem-OK-after-earthquake.htmlThu, 23 Jul 2020 04:20:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 22Here are five Fastmarkets stories you might have missed on Wednesday July 22 that are worth another look.http://www.metalbulletin.com/Article/3942896/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-22.htmlThu, 23 Jul 2020 00:05:00 GMTFirst Cobalt in 2nd phase of refinery restart, expansion finance talksFirst Cobalt is entering the second phase of financing discussions for the recommission and expansion of its currently idled cobalt refinery in Canada, with proposals under review with its financial advisor, Canadian Imperial Bank of Commerce (CIBC).http://www.metalbulletin.com/Article/3942872/First-Cobalt-in-2nd-phase-of-refinery-restart-expansion-finance-talks.htmlWed, 22 Jul 2020 19:56:00 GMTCobalt hydroxide payables break through 70% amid nearby tightnessSpot payables for cobalt hydroxide continued to rally in the first half of the week that began on Monday July 20, with consumers raising their bids in an effort to secure spot August cargoes, which remained in tight supply. http://www.metalbulletin.com/Article/3942875/Cobalt-hydroxide-payables-break-through-70-amid-nearby-tightness.htmlWed, 22 Jul 2020 19:52:00 GMTBASE METALS WARRANT REPORT 22/07A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday July 22.http://www.metalbulletin.com/Article/3942814/BASE-METALS-WARRANT-REPORT-2207.htmlWed, 22 Jul 2020 19:45:00 GMTCIS STEEL BILLET: Limited availability drives prices up againCIS export steel billet prices continued to strengthen early this week after a fresh sale and on limited availability of August-rolling volumes, Fastmarkets heard on Wednesday July 22. http://www.metalbulletin.com/Article/3942882/CIS-STEEL-BILLET-Limited-availability-drives-prices-up-again.htmlWed, 22 Jul 2020 19:08:00 GMTEUROPE PLATE: Italian re-rollers push for plate price rise to offset slab costItalian steel re-rollers have been targeting a price increase for heavy plate due to the rising cost of steel slab, sources told Fastmarkets on Wednesday July 22. http://www.metalbulletin.com/Article/3942871/EUROPE-PLATE-Italian-re-rollers-push-for-plate-price-rise-to-offset-slab-cost.htmlWed, 22 Jul 2020 18:17:00 GMTGLOBAL NICKEL WRAP: All premiums steady in subdued tradingDespite the worsening effects of the Covid-19 pandemic, Western participants in the global nickel markets saw hopeful signs, while a lack of arbitrage kept Chinese trading at a low level. http://www.metalbulletin.com/Article/3942856/GLOBAL-NICKEL-WRAP-All-premiums-steady-in-subdued-trading.htmlWed, 22 Jul 2020 18:00:00 GMTEgypt’s El Marakby Steel to increase rebar, wire rod capacityEgyptian long steel producer El Marakby Steel will add a total of 400,000 tonnes per year to its steel rebar and wire rod production capacity, company chairman of board Hassan ElMarakby said on July 17.http://www.metalbulletin.com/Article/3942857/Egypts-El-Marakby-Steel-to-increase-rebar-wire-rod-capacity.htmlWed, 22 Jul 2020 17:22:00 GMTEUROPE HRC: Sentiment improves despite seasonal slowdownSentiment in the European hot-rolled coil market has been positive despite the seasonal slowdown in activity in the second half of the summer, sources told Fastmarkets on Wednesday July 22. http://www.metalbulletin.com/Article/3942867/EUROPE-HRC-Sentiment-improves-despite-seasonal-slowdown.htmlWed, 22 Jul 2020 17:08:00 GMTRio Tinto threatens ISAL smelter closure after lodging energy complaintRio Tinto has formally complained of Landsvirkjun - the energy supplier to its ISAL aluminium smelter - abusing its market dominance in Iceland and threatened to close the plant entirely if the alleged anti-competitive conduct does not end, it said. http://www.metalbulletin.com/Article/3942821/Rio-Tinto-threatens-ISAL-smelter-closure-after-lodging-energy-complaint.htmlWed, 22 Jul 2020 17:05:00 GMTLIVE FUTURES REPORT 22/07: LME base metals falter amid China liquidity concernsLondon Metal Exchange three-month base metals prices were down at the close of trading on Wednesday July 22 following news that China’s central bank will cease its monetary easing activity amid fears that it would over-stimulate its economy while it recovers from the Covid-19 pandemic. http://www.metalbulletin.com/Article/3942860/LIVE-FUTURES-REPORT-2207LME-base-metals-falter-amid-China-liquidity-concerns.htmlWed, 22 Jul 2020 16:55:00 GMTNOBLE ALLOYS MARKET REPORT 22/07: Ferro-vanadium dips on weak European consumer demandAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3942820/NOBLE-ALLOYS-MARKET-REPORT-2207-Ferro-vanadium-dips-on-weak-European-consumer-demand.htmlWed, 22 Jul 2020 16:42:00 GMTDAILY STEEL SCRAP: Prices inch up as Turkish mills book more cargoes for AugustTurkish steel producers have continued their deep-sea scrap purchases for August shipments but at slightly higher prices, sources said on Wednesday July 22. http://www.metalbulletin.com/Article/3942817/DAILY-STEEL-SCRAP-Prices-inch-up-as-Turkish-mills-book-more-cargoes-for-August.htmlWed, 22 Jul 2020 16:30:00 GMTEUROPE WIRE ROD: Producers preparing price rises in AugustDomestic prices for mesh-quality steel wire rod in Europe have been largely stable over the past week, but producers were considering a substantial increase in August, citing improving demand, sources told Fastmarkets on Wednesday July 22. http://www.metalbulletin.com/Article/3942780/EUROPE-WIRE-ROD-Producers-preparing-price-rises-in-August.htmlWed, 22 Jul 2020 16:15:00 GMTIran semi, finished steel Q1 output up despite drop in export volumesIranian steelmakers produced 7.14 million tonnes of semi-finished products in the first three months of the current Iranian year - March 20 to June 20 - up by 3% annually, the latest Iranian Steel Producers Association (ISPA) report said on July 19. http://www.metalbulletin.com/Article/3942810/Iran-semi-finished-steel-Q1-output-up-despite-drop-in-export-volumes.htmlWed, 22 Jul 2020 15:40:00 GMTRESEARCH: Key takeaways from the latest Base Metals Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view.http://www.metalbulletin.com/Article/3942811/RESEARCH-Key-takeaways-from-the-latest-Base-Metals-Market-Tracker.htmlWed, 22 Jul 2020 14:38:00 GMTCOKING COAL DAILY: Seaborne premium fob price rises on optimistic outlookThe seaborne premium hard-coking coal fob Australia index increased on Wednesday July 22 following the latest transaction, which market participants attributed to an optimistic outlook shared among miners and traders, Fastmarkets heard.http://www.metalbulletin.com/Article/3942790/COKING-COAL-DAILY-Seaborne-premium-fob-price-rises-on-optimistic-outlook.htmlWed, 22 Jul 2020 12:25:00 GMTGLOBAL ZINC & LEAD WRAP: Big warehouse inflows on low spot demand; premiums steadyMore zinc and lead metal were delivered onto exchange warehouses as spot interest remained low for both metals with premiums flat across different markets this week. http://www.metalbulletin.com/Article/3942666/GLOBAL-ZINC-and-LEAD-WRAP-Big-warehouse-inflows-on-low-spot-demand-premiums-steady.htmlWed, 22 Jul 2020 12:22:00 GMTAlcoa in low-carbon aluminium supply deal with GrängesUnited States aluminium producer Alcoa Corp will supply low-carbon aluminium rolling slab to Gränges AB as part of the Sweden-based rolled products producer’s goal of cutting carbon emissions across its supply chain. http://www.metalbulletin.com/Article/3942746/Alcoa-in-low-carbon-aluminium-supply-deal-with-Grnges.htmlWed, 22 Jul 2020 11:30:00 GMTLIVE FUTURES REPORT 22/07: Dollar decline, fresh cancelations fail to support; zinc sinks 2.5% on inflowsThe London Metal Exchange three-month base metals prices were predominantly subdued during morning trading on Wednesday July 22, with zinc futures leading the decline while fresh cancelations and a steady decline in the US dollar index did little to boost sentiment. http://www.metalbulletin.com/Article/3942782/LIVE-FUTURES-REPORT-2207-Dollar-decline-fresh-cancelations-fail-to-support-zinc-sinks-25-on-inflows.htmlWed, 22 Jul 2020 10:36:00 GMTAT A GLANCE: Hydro revenue drops 21%; Covid-19 hits demand for extrusion, rolled products A summary of aluminium and alumina producer Hydro’s second-quarter 2020 results. http://www.metalbulletin.com/Article/3942775/AT-A-GLANCE-Hydro-revenue-drops-21-Covid-19-hits-demand-for-extrusion-rolled-products.htmlWed, 22 Jul 2020 09:47:00 GMTAT A GLANCE: Posco posts Q2 operating loss of $165 million due to Covid-19A summary of the steel segment of South Korean mill Posco’s earnings report for the second-quarter ended June 30, released on Tuesday July 21.http://www.metalbulletin.com/Article/3942774/AT-A-GLANCE-Posco-posts-Q2-operating-loss-of-165-million-due-to-Covid-19.htmlWed, 22 Jul 2020 09:30:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 21Here are five Fastmarkets stories you might have missed on Tuesday July 21 that are worth another look.http://www.metalbulletin.com/Article/3942769/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-21.htmlWed, 22 Jul 2020 00:05:00 GMTGLOBAL ALUMINIUM WRAP: LME contango bumps up US, Rotterdam premiumsAluminium premiums in the US Midwest and in Rotterdam rose on Tuesday July 21 following a wide contango on the London Metal Exchange, while premiums in Asia were flat. http://www.metalbulletin.com/Article/3942733/GLOBAL-ALUMINIUM-WRAP-LME-contango-bumps-up-US-Rotterdam-premiums.htmlTue, 21 Jul 2020 23:03:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 21/07A summary of base metals premiums from across the globe for the week to Tuesday July 21.http://www.metalbulletin.com/Article/3942734/WEEKLY-BASE-METAL-PREMIUMS-REPORT-2107.htmlTue, 21 Jul 2020 22:55:00 GMTMexican scrap prices continue to fall on high supplyFerrous scrap prices in Mexico fell this week amid a weak steel market performance and increasing inventories, sources told Fastmarkets. http://www.metalbulletin.com/Article/3942758/Mexican-scrap-prices-continue-to-fall-on-high-supply.htmlTue, 21 Jul 2020 21:49:00 GMTFOCUS: Europe FeSi market finds price floor on supply worriesThe European spot ferro-silicon market, which has been falling since March, appears to have found a floor due to near-term supply worries with production cuts and reduced export offers into Europe supporting offer prices, trade sources told Fastmarkets.http://www.metalbulletin.com/Article/3942722/FOCUS-Europe-FeSi-market-finds-price-floor-on-supply-worries.htmlTue, 21 Jul 2020 18:00:00 GMTLIVE FUTURES REPORT 21/07: LME base metals prices rise on EU fiscal stimulus optimism London Metal Exchange three-month base metals prices universally closed up on the previous day on Tuesday July 21, bolstered by the announcement on the European Union’s €750 billion ($857 million) fiscal package to fight the fallout of the global Covid-19 pandemic. http://www.metalbulletin.com/Article/3942731/LIVE-FUTURES-REPORT-2107-LME-base-metals-prices-rise-on-EU-fiscal-stimulus-optimism.htmlTue, 21 Jul 2020 17:51:00 GMTEUROPE HRC: Domestic prices stabilize in the northPrices for domestic hot-rolled coil in Northern Europe were fairly stable day on day on Tuesday July 21, sources told Fastmarkets. http://www.metalbulletin.com/Article/3942667/EUROPE-HRC-Domestic-prices-stabilize-in-the-north.htmlTue, 21 Jul 2020 16:57:00 GMTGULF FLAT STEEL IMPORTS: Prices up but holiday limits demandFlat steel import prices in the United Arab Emirates and Saudi Arabia have increased over the past week, although demand was only moderate, sources told Fastmarkets on Tuesday July 21. http://www.metalbulletin.com/Article/3942663/GULF-FLAT-STEEL-IMPORTS-Prices-up-but-holiday-limits-demand.htmlTue, 21 Jul 2020 16:40:00 GMTDAILY STEEL SCRAP: Mills to book more cargoes for August-SeptemberTurkish steel mills took a break from deep-sea scrap purchases Tuesday July 21, but still expected to book more cargoes for August and September shipments, sources told Fastmarkets.http://www.metalbulletin.com/Article/3942664/DAILY-STEEL-SCRAP-Mills-to-book-more-cargoes-for-August-September.htmlTue, 21 Jul 2020 16:38:00 GMTSouth32 manganese ore output dips 3% y-o-y in FY2020 amid Covid-19The West Australia-based miner South32 has reported a 3% year-on-year dip in its manganese ore production in its full 2020 financial year as of June 30, the miner said on Monday July 20.http://www.metalbulletin.com/Article/3942628/South32-manganese-ore-output-dips-3-y-o-y-in-FY2020-amid-Covid-19.htmlTue, 21 Jul 2020 16:35:00 GMTGULF STEEL BILLET, REBAR: Import billet prices up despite poor demandThe price for steel billet imported into the United Arab Emirates has increased over the past week, with demand soft ahead of the Eid Al-Adha religious holiday, market sources said on Tuesday July 21. http://www.metalbulletin.com/Article/3942658/GULF-STEEL-BILLET-REBAR-Import-billet-prices-up-despite-poor-demand.htmlTue, 21 Jul 2020 15:12:00 GMTIRON ORE DAILY: Seaborne prices rise on Brazil supply jitters; oversupply drags down lump premiumsSeaborne iron ore prices increased on Tuesday July 21 after further concerns emerged over supplies from Brazil, sources told Fastmarkets. http://www.metalbulletin.com/Article/3942610/IRON-ORE-DAILY-Seaborne-prices-rise-on-Brazil-supply-jitters-oversupply-drags-down-lump-premiums.htmlTue, 21 Jul 2020 15:00:00 GMTCOKING COAL DAILY: Seaborne premium price in China rises further from ‘bottom’Fastmarkets' seaborne premium hard coking coal cfr China index continued to edge up slightly on Tuesday July 21 after the latest transaction saw it rebound further from last week's perceived 'bottom'.http://www.metalbulletin.com/Article/3942612/COKING-COAL-DAILY-Seaborne-premium-price-in-China-rises-further-from-bottom.htmlTue, 21 Jul 2020 14:39:00 GMTPRICING NOTICE: Proposal to amend Turkish export HRC price specification Fastmarkets is proposing to change to the specification of its weekly steel hot-rolled coil export, fob main port Turkey, $/tonne price assessment. http://www.metalbulletin.com/Article/3942486/PRICING-NOTICE-Proposal-to-amend-Turkish-export-HRC-price-specification.htmlTue, 21 Jul 2020 14:09:00 GMTMaersk Line stops handling scrap cargoes destined for China, Hong KongMaersk Line, the world's biggest shipping line by cargo capacity, will stop handling scrap cargoes destined for mainland China and Hong Kong due to policy uncertainties, it said on Friday July 17. http://www.metalbulletin.com/Article/3942614/Maersk-Line-stops-handling-scrap-cargoes-destined-for-China-Hong-Kong.htmlTue, 21 Jul 2020 14:05:00 GMTCIS FLAT STEEL: Exports quiet as Russian mills focus on home marketThe export market for flat steel products from the Commonwealth of Independent States was silent during the week ended Monday July 20 on low availability, because Russian suppliers were focused on their domestic market. http://www.metalbulletin.com/Article/3942613/CIS-FLAT-STEEL-Exports-quiet-as-Russian-mills-focus-on-home-market.htmlTue, 21 Jul 2020 13:42:00 GMTPRICING NOTICE: Proposal to amend location of Indian domestic flat productsFastmarkets proposes changes to the locations of four Indian flat steel price assessments products from ex-works India to ex-yard Mumbai.http://www.metalbulletin.com/Article/3942594/PRICING-NOTICE-Proposal-to-amend-location-of-Indian-domestic-flat-products.htmlTue, 21 Jul 2020 13:38:00 GMTNew duty in Egypt will not pressure imports due to exemptionEgypt's Ministry of Finance's decision to exempt finished steel imports from the recently imposed 10% duty may support further import flows of steel flats to the country and offer some very limited support to local suppliers, sources said.http://www.metalbulletin.com/Article/3942605/New-duty-in-Egypt-will-not-pressure-imports-due-to-exemption.htmlTue, 21 Jul 2020 13:10:00 GMTEU GREEN STEELMAKING: Germany’s focus on reduced emissions in steel action plan supported by industry associations The German government has revealed its steel action plan, with a focus on achieving its climate goals through “green” steelmaking as it strives to support the steel industry post-pandemic. http://www.metalbulletin.com/Article/3942604/EU-GREEN-STEELMAKING-Germanys-focus-on-reduced-emissions-in-steel-action-plan-supported-by-industry.htmlTue, 21 Jul 2020 12:34:00 GMTLIVE FUTURES REPORT 21/07: EU recovery fund bolsters LME base metals complex; nickel leads the way London Metal Exchange three-month base metals prices were collectively higher during morning trading on Tuesday July 21, supported by the unveiling of a €750 billion ($857 billion) European Union stimulus package to counter the continued economic fallout of the coronavirus pandemic. http://www.metalbulletin.com/Article/3942609/LIVE-FUTURES-REPORT-2107-EU-recovery-fund-bolsters-LME-base-metals-complex-nickel-leads-the-way.htmlTue, 21 Jul 2020 11:01:00 GMTIndian recyclers demand new rules to raise scrap useFresh regulatory changes and government mandates are required to raise the consumption of scrap metal in India, according to members of the Material Recycling Association of India (MRAI).http://www.metalbulletin.com/Article/3942602/Indian-recyclers-demand-new-rules-to-raise-scrap-use.htmlTue, 21 Jul 2020 11:00:00 GMTMORNING VIEW: Markets generally upbeat, helped by EU recovery fund dealMarkets were for the most part stronger this morning, Tuesday July 21, encouraged by the €750 billion ($858 billion) recovery fund that European Union leaders agreed on in the early hours of this morning. http://www.metalbulletin.com/Article/3942596/MORNING-VIEW-Markets-generally-upbeat-helped-by-EU-recovery-fund-deal.htmlTue, 21 Jul 2020 08:42:00 GMTAT A GLANCE: BHP’s copper output up in FY2020 on strong performances at Escondida, Olympic DamA summary of BHP’s non-ferrous metals production results for the financial year ended June 30, as released on Tuesday July 21.http://www.metalbulletin.com/Article/3942592/AT-A-GLANCE-BHPs-copper-output-up-in-FY2020-on-strong-performances-at-Escondida-Olympic-Dam.htmlTue, 21 Jul 2020 07:31:00 GMTPEOPLE MOVES: Ferroglobe names sales heads, foremost Craig Arnold as CCOFerroglobe has appointed Craig Arnold as its new chief commercial officer, effective immediately, in the second addition to its senior sales team this year of someone from a high-purity silicon background. http://www.metalbulletin.com/Article/3942589/PEOPLE-MOVES-Ferroglobe-names-sales-heads-foremost-Craig-Arnold-as-CCO.htmlTue, 21 Jul 2020 06:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 20Here are five Fastmarkets stories you might have missed on Monday July 20 that are worth another look.http://www.metalbulletin.com/Article/3942587/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-20.htmlTue, 21 Jul 2020 00:05:00 GMTTrade log: Cobalt standard grade, in-whs Rotterdam, $/lb The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3942566/Trade-log-Cobalt-standard-grade-in-whs-Rotterdam-lb.htmlMon, 20 Jul 2020 18:02:00 GMTTrade log: Cobalt alloy grade, in-whs Rotterdam, $/lb The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3942565/Trade-log-Cobalt-alloy-grade-in-whs-Rotterdam-lb.htmlMon, 20 Jul 2020 18:00:00 GMTLIVE FUTURES REPORT 20/07: LME lead price tops gains, up 1.4%; copper nears $6,500The three-month price of lead on the London Metal Exchange was the standout performer at the close of trading on Monday July 20, with the metal topping gains over the afternoon despite thin turnover, while a steady uptick in copper futures saw the price push higher over the afternoon. http://www.metalbulletin.com/Article/3942558/LIVE-FUTURES-REPORT-2007-LME-lead-price-tops-gains-up-14-copper-nears-6500.htmlMon, 20 Jul 2020 17:28:00 GMTEUROPE HRC WRAP: Domestic prices continue to rise on lack of importsDomestic prices for steel hot-rolled coil moved up in Northern Europe in the week ended Friday July 17, supported by the continuing lack of competitive import offers. http://www.metalbulletin.com/Article/3942556/EUROPE-HRC-WRAP-Domestic-prices-continue-to-rise-on-lack-of-imports.htmlMon, 20 Jul 2020 16:55:00 GMTPRICING NOTICE: Open consultation on Northern Europe HRC index - Final DecisionFastmarkets MB invited feedback from the industry in an open consultation process between June 19 and July 20 on the pricing methodology for its Northern Europe hot-rolled coil index as part of our annual methodology review process. http://www.metalbulletin.com/Article/3942420/PRICING-NOTICE-Open-consultation-on-Northern-Europe-HRC-index-Final-Decision.htmlMon, 20 Jul 2020 16:25:00 GMTEUROPE HRC: Northern price stable as market activity slows for summerPrices for domestic hot-rolled coil in Northern Europe were fairly stable day on day on Monday July 20, with trading activity starting to slow down following the traditional seasonal cycle, sources told Fastmarkets. http://www.metalbulletin.com/Article/3942553/EUROPE-HRC-Northern-price-stable-as-market-activity-slows-for-summer.htmlMon, 20 Jul 2020 16:22:00 GMTSumitomo posts $513 mln impairment loss for Ambatovy nickel, cobalt assetJapan's Sumitomo Corp has suffered impairment losses of 55 billion yen ($513,705,000) from its investment in Madagascar’s Ambatovy nickel and cobalt mine in its first financial quarter of 2020, the company said on Monday July 20. http://www.metalbulletin.com/Article/3942413/Sumitomo-posts-513-mln-impairment-loss-for-Ambatovy-nickel-cobalt-asset.htmlMon, 20 Jul 2020 16:15:00 GMTMANGANESE ORE ANALYTICS: July 20, 2020The latest data for the global manganese ore market for the week ended July 20, 2020.http://www.metalbulletin.com/Article/3942458/MANGANESE-ORE-ANALYTICS-July-20-2020.htmlMon, 20 Jul 2020 15:40:00 GMTCIS STEEL SLAB: Price up in latest deals on limited availabilityCIS export steel slab prices continued to trend upward in the week to Monday July 20, with some suppliers managing to win deals at higher prices while the general availability of material in the region was low. http://www.metalbulletin.com/Article/3942493/CIS-STEEL-SLAB-Price-up-in-latest-deals-on-limited-availability.htmlMon, 20 Jul 2020 15:38:00 GMTPRICING NOTICE: Delayed publication of Japan aluminium billet premiumThe publication of Fastmarkets’ assessment of the Japan aluminium 6063 extrusion quarterly billet premium, cif MJP for the third quarter of 2020 was delayed due to a reporter error.http://www.metalbulletin.com/Article/3942419/PRICING-NOTICE-Delayed-publication-of-Japan-aluminium-billet-premium.htmlMon, 20 Jul 2020 15:30:00 GMTSeaborne manganese ore prices extend losses despite better liquidity Low and high-grade manganese ore prices in the Chinese seaborne market continued to extend losses in the week to Friday July 17, despite the fact that the lower-than-expected offer prices for August shipments provoked improved liquidity, Fastmarkets understands.http://www.metalbulletin.com/Article/3942417/Seaborne-manganese-ore-prices-extend-losses-despite-better-liquidity.htmlMon, 20 Jul 2020 14:08:00 GMTIRON ORE DAILY: Prices down on lack of seaborne trading Seaborne iron ore prices fell on Monday July 20, with slow trading activity and no clear trend emerging, sources told Fastmarkets. http://www.metalbulletin.com/Article/3942409/IRON-ORE-DAILY-Prices-down-on-lack-of-seaborne-trading.htmlMon, 20 Jul 2020 12:06:00 GMTUG2 chrome ore price cif China plunges in bid to spark liquidityA sharp fall in the UG2 chrome ore market has ended a period of low liquidity, but there was uncertainty about whether it will unlock more transactions or a deeper slump in prices.http://www.metalbulletin.com/Article/3942406/UG2-chrome-ore-price-cif-China-plunges-in-bid-to-spark-liquidity.htmlMon, 20 Jul 2020 12:00:00 GMTMajor Japanese steelmaker to increase plate offers by $30/t in Southeast AsiaA major Japanese steelmaker is trying to increase its plate offers for Southeast Asia by $30 per tonne from last month to boost profit margins, a source with knowledge of the matter told Fastmarkets.http://www.metalbulletin.com/Article/3942405/Major-Japanese-steelmaker-to-increase-plate-offers-by-30t-in-Southeast-Asia.htmlMon, 20 Jul 2020 11:25:00 GMTSeaborne iron ore concentrate, pellet prices rise alongside strengthening fines marketSeaborne iron ore concentrate and pellet prices surged in the week to Friday July 17, inspired by higher prices for mid- and high-grade fines, traders told Fastmarkets. http://www.metalbulletin.com/Article/3942392/Seaborne-iron-ore-concentrate-pellet-prices-rise-alongside-strengthening-fines-market.htmlMon, 20 Jul 2020 11:01:00 GMTMore upside for Asian HRC on recovering demand - major Japanese millAsian hot-rolled coil prices are likely to continue recovering on demand increasing again after more countries remove their Covid-19-related restrictions, a major Japanese steelmaker said.http://www.metalbulletin.com/Article/3942398/More-upside-for-Asian-HRC-on-recovering-demand-major-Japanese-mill.htmlMon, 20 Jul 2020 10:30:00 GMTLIVE FUTURES REPORT 20/07: Thin volume sees LME complex consolidate; copper stocks continue downtrendThree-month base metals prices on the London Metal Exchange were subdued during morning trading on Monday July 20, with thin volume keeping most metals range-bound, while a continued downtrend in LME copper stocks kept the metal’s underlying price elevated. http://www.metalbulletin.com/Article/3942403/LIVE-FUTURES-REPORT-2007-Thin-volume-sees-LME-complex-consolidate-copper-stocks-continue-downtrend.htmlMon, 20 Jul 2020 10:28:00 GMTMORNING VIEW: Markets mixed, metals on back footingMarkets were mixed across the board this morning, Monday July 20, with traders focused on the prospects for a recovery fund from the European Union, while the weak Japanese export data highlights the economic damage that Covid-19 has dealt.http://www.metalbulletin.com/Article/3942394/MORNING-VIEW-Markets-mixed-metals-on-back-footing.htmlMon, 20 Jul 2020 09:18:00 GMTAT A GLANCE: South32’s full-year alumina production up 4%A summary of South32’s production results for its aluminium business released on Monday July 20.http://www.metalbulletin.com/Article/3942388/AT-A-GLANCE-South32s-full-year-alumina-production-up-4.htmlMon, 20 Jul 2020 08:46:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 17Here are five Fastmarkets stories you might have missed on Friday July 17 that are worth another look.http://www.metalbulletin.com/Article/3942366/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-17.htmlMon, 20 Jul 2020 00:05:00 GMTBATTERY RAW MATERIALS MARKET REPORT 17/07: Cobalt hydroxide buyers bid aggressively for available units [CORRECTED]An overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3942278/BATTERY-RAW-MATERIALS-MARKET-REPORT-1707-Cobalt-hydroxide-buyers-bid-aggressively-for-available-units.htmlFri, 17 Jul 2020 22:13:00 GMTSouth American steel import market on uptrend, but buyers stick to previous bidsSouth American import prices for flat-rolled steel were higher during the week ended Friday July 17, with more expensive offers from both China and Japan, market participants have told Fastmarkets.http://www.metalbulletin.com/Article/3942346/South-American-steel-import-market-on-uptrend-but-buyers-stick-to-previous-bids.htmlFri, 17 Jul 2020 20:12:00 GMTCIS STEEL BILLET: Market firms as more customers accept higher pricesThe CIS export steel billet market had become firmer by the end of the current week with more customers accepting higher prices, spurred by rising raw materials costs globally and continuing positive sentiment in China.http://www.metalbulletin.com/Article/3942345/CIS-STEEL-BILLET-Market-firms-as-more-customers-accept-higher-prices.htmlFri, 17 Jul 2020 19:55:00 GMTIndian mills hike HRC export prices by up to $30 per tonne Indian mills increased their hot-rolled coil export prices by as much as $30 per per tonne in the week to Friday July 17, because buyers in Southeast Asia are desperate for supplies to meet rising demand, sources told Fastmarkets. http://www.metalbulletin.com/Article/3942326/Indian-mills-hike-HRC-export-prices-by-up-to-30-per-tonne.htmlFri, 17 Jul 2020 19:52:00 GMTGLOBAL FERRO-SILICON SNAPSHOT: Prices stable amid limited tradingKey data from the pricing sessions in Europe, Asia and the United States for the week ended Friday July 17.http://www.metalbulletin.com/Article/3942309/GLOBAL-FERRO-SILICON-SNAPSHOT-Prices-stable-amid-limited-trading.htmlFri, 17 Jul 2020 19:50:00 GMTSTEEL SCRAP WRAP: Fresh price increases in Turkey; Asian markets firmThe prices paid for steel scrap by mills in Turkey and Asia have moved up over the week ending Friday July 17, against a backdrop of stronger Chinese prices for iron ore and steel.http://www.metalbulletin.com/Article/3942106/STEEL-SCRAP-WRAP-Fresh-price-increases-in-Turkey-Asian-markets-firm.htmlFri, 17 Jul 2020 19:42:00 GMTUS PIG IRON: Market muted on high pricesThe pig iron market in the United States was silent during the week ended Friday July 17, with prices considered high compared with those for ferrous scrap and hot-rolled coil.http://www.metalbulletin.com/Article/3942315/US-PIG-IRON-Market-muted-on-high-prices.htmlFri, 17 Jul 2020 17:48:00 GMTPeruvian May copper, zinc output recovers from April, still down y-o-yPeruvian mining production of both copper and zinc tumbled in May year on year from 2019, despite recovering from April figures, while the country was gradually reopening from restrictions to combat the Covid-19 pandemic, Fastmarkets understands.http://www.metalbulletin.com/Article/3942313/Peruvian-May-copper-zinc-output-recovers-from-April-still-down-y-o-y.htmlFri, 17 Jul 2020 17:25:00 GMTRESEARCH: Key takeaways from the latest Seamless OCTG and Linepipe Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view.http://www.metalbulletin.com/Article/3942310/RESEARCH-Key-takeaways-from-the-latest-Seamless-OCTG-and-Linepipe-Market-Tracker.htmlFri, 17 Jul 2020 17:22:00 GMTSouth African manganese ore exports soar, threatening oversupply in China http://www.metalbulletin.com/Article/3942048/South-African-manganese-ore-exports-soar-threatening-oversupply-in-China.htmlFri, 17 Jul 2020 17:14:00 GMTChina spot indium, germanium prices yet to benefit from Yunnan government stockpiling vol releaseChinese domestic spot prices of both indium and germanium have yet to yield any gains after the provincial government of Yunnan announced further details on the commercial stockpiling of several non-ferrous metals, which in theory could lend some support to these metals, Fastmarkets understands. http://www.metalbulletin.com/Article/3942125/China-spot-indium-germanium-prices-yet-to-benefit-from-Yunnan-government-stockpiling-vol-release.htmlFri, 17 Jul 2020 17:10:00 GMTDAILY STEEL SCRAP: Mills book more scrap for August, prices edge up furtherTurkish steel producers continued their deep-sea scrap purchases at the end of the week at slightly higher prices, sources told Fastmarkets on Friday July 17.http://www.metalbulletin.com/Article/3942246/DAILY-STEEL-SCRAP-Mills-book-more-scrap-for-August-prices-edge-up-further.htmlFri, 17 Jul 2020 17:04:00 GMTGLOBAL MANGANESE SNAPSHOT: Strong South African exports, limited demand recovery continue to weigh on ore market Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday July 17. http://www.metalbulletin.com/Article/3942307/GLOBAL-MANGANESE-SNAPSHOT-Strong-South-African-exports-limited-demand-recovery-continue-to-weigh-on.htmlFri, 17 Jul 2020 16:56:00 GMTGLOBAL CHROME SNAPSHOT: UG2 price plunges with liquidity returning to marketKey data from the pricing sessions in Asia, Europe and the United States during the week ending Friday July 17. http://www.metalbulletin.com/Article/3942245/GLOBAL-CHROME-SNAPSHOT-UG2-price-plunges-with-liquidity-returning-to-market.htmlFri, 17 Jul 2020 16:45:00 GMTEyeing cash up front, Peru's zinc, lead miners tap traders for millions in prepaysIt has not been an easy year so far for Peru's zinc and lead mining companies after the coronavirus pandemic swept through South America, with operations facing lengthy shutdowns as well as multi-year low prices for their products.http://www.metalbulletin.com/Article/3942113/Eyeing-cash-up-front-Perus-zinc-lead-miners-tap-traders-for-millions-in-prepays.htmlFri, 17 Jul 2020 16:12:00 GMTFOCUS: Pandemic, protectionism limit long steel imports to EU; CIS remains key supplier Imports of long products to the European Union dropped during the first four months of 2020 year on year due to the toxic combination of the effect of Covid-19 on consumption and rising protectionism. http://www.metalbulletin.com/Article/3942110/FOCUS-Pandemic-protectionism-limit-long-steel-imports-to-EU-CIS-remains-key-supplier.htmlFri, 17 Jul 2020 16:09:00 GMTINDIA STEEL SCRAP: Prices remain firm on tight supplyThe price of ferrous scrap imported into India in containers remained firm on Friday July 17 because of restricted material supply, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3942277/INDIA-STEEL-SCRAP-Prices-remain-firm-on-tight-supply.htmlFri, 17 Jul 2020 16:00:00 GMTUK STEEL SCRAP WEEKLY: Market moves up on tighter suppliesThe inter-merchant spot market for light iron scrap in the UK moved up over the week ended Friday July 17 after being unchanged since June 12, with tighter supplies for delivery into yards seeing higher prices, industry sources said. http://www.metalbulletin.com/Article/3942275/UK-STEEL-SCRAP-WEEKLY-Market-moves-up-on-tighter-supplies.htmlFri, 17 Jul 2020 15:33:00 GMTTURKEY COATED FLAT STEEL: Prices up on higher material costsTurkish prices in the domestic market for hot-dipped galvanized coil (HDG) and color-coated coil increased in the week to Friday July 17, although demand was only moderate, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3942186/TURKEY-COATED-FLAT-STEEL-Prices-up-on-higher-material-costs.htmlFri, 17 Jul 2020 14:40:00 GMTGLOBAL LITHIUM WRAP: Europe, US carbonate market blames persistent downstream weakness for falling pricesThe European and US battery grade lithium carbonate price fell by 2.9% week on week on Thursday July 16 amid continued demand weakness, while Chinese prices consolidated the previous week's losses.http://www.metalbulletin.com/Article/3942126/GLOBAL-LITHIUM-WRAP-Europe-US-carbonate-market-blames-persistent-downstream-weakness-for-falling.htmlFri, 17 Jul 2020 14:12:00 GMTItaly crude steel output falls by 7.9% in June - FederacciaiCrude steel output in Italy decreased by 7.88% year on year in June due to the decrease in steel demand amid the effects of the Covid-19 lockdown measures, Italian steel association Federacciai said on Friday July 17.http://www.metalbulletin.com/Article/3942111/Italy-crude-steel-output-falls-by-79-in-June-Federacciai.htmlFri, 17 Jul 2020 14:05:00 GMTCHINA COBALT SNAPSHOT: Raw material supply tightness underpins cobalt salts price Key data from the pricing session in Shanghai on Friday July 17. http://www.metalbulletin.com/Article/3942093/CHINA-COBALT-SNAPSHOT-Raw-material-supply-tightness-underpins-cobalt-salts-price.htmlFri, 17 Jul 2020 14:00:00 GMTCHINA MINOR METALS MARKET REPORT 17/07: Idle fund increases bismuth market; silicon up on high offersAn overview of the Chinese minor metals markets and the reasons for their latest price moves.http://www.metalbulletin.com/Article/3942109/CHINA-MINOR-METALS-MARKET-REPORT-1707-Idle-fund-increases-bismuth-market-silicon-up-on-high-offers.htmlFri, 17 Jul 2020 14:00:00 GMTCOKING COAL DAILY: Seaborne premium prices down on bearish sentimentSeaborne premium prices decreased on Friday July 17 due to bearish sentiment in the market, sources said.http://www.metalbulletin.com/Article/3942107/COKING-COAL-DAILY-Seaborne-premium-prices-down-on-bearish-sentiment.htmlFri, 17 Jul 2020 12:50:00 GMTVIETNAM STEEL SCRAP: Hefty spot demand feeds China billet import appetiteDemand for Japanese steel scrap in key Vietnam import markets continued this week with domestic steelmakers sourcing the raw materials to churn out billet for Chinese buyers, sources said.http://www.metalbulletin.com/Article/3941928/VIETNAM-STEEL-SCRAP-Hefty-spot-demand-feeds-China-billet-import-appetite.htmlFri, 17 Jul 2020 11:20:00 GMTLIVE FUTURES REPORT 17/07: LME base metals consolidate lower on thin vols; copper up despite backwardationLondon Metal Exchange three-month base metals prices were mostly subdued during morning trading on Friday July 17, with a record daily surge in US coronavirus cases weakening investor sentiment, while copper futures managed a slight improvement despite thin volumes and a tight forward curve. http://www.metalbulletin.com/Article/3942101/LIVE-FUTURES-REPORT-1707-LME-base-metals-consolidate-lower-on-thin-vols-copper-up-despite.htmlFri, 17 Jul 2020 11:04:00 GMTMetalloinvest starts DR pellet pilot output for HBI, DRI production Russian steelmaker Metalloinvest has started producing pilot batches of direct-reduced (DR) iron ore pellet at its Mikhailovsky GOK to make hot briquetted iron (HBI) and direct-reduced iron (DRI), and these could start making their way to customers in six months, sources estimate. http://www.metalbulletin.com/Article/3942096/Metalloinvest-starts-DR-pellet-pilot-output-for-HBI-DRI-production.htmlFri, 17 Jul 2020 10:54:00 GMTAT A GLANCE: Rio Tinto copper, aluminium production falls in Q2Rio Tinto copper and aluminium production dropped in the second quarter after required smelter and mine maintenance limited output, the company said.http://www.metalbulletin.com/Article/3942094/AT-A-GLANCE-Rio-Tinto-copper-aluminium-production-falls-in-Q2.htmlFri, 17 Jul 2020 10:05:00 GMTMORNING VIEW: Broader markets run out of steam, how well will they hold up?Markets were mixed across the board this morning, Friday July 17, while traders consolidate recent gains - key will be how well prices manage to hold up.http://www.metalbulletin.com/Article/3942090/MORNING-VIEW-Broader-markets-run-out-of-steam-how-well-will-they-hold-up.htmlFri, 17 Jul 2020 08:58:00 GMTAT A GLANCE: Rio Tinto's iron ore output, shipments up in Q2 A summary of Rio Tinto’s second-quarter iron ore production report released on Friday July 17.http://www.metalbulletin.com/Article/3942086/AT-A-GLANCE-Rio-Tintos-iron-ore-output-shipments-up-in-Q2.htmlFri, 17 Jul 2020 06:30:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 16Here are five Fastmarkets stories you might have missed on Thursday July 16 that are worth another look.http://www.metalbulletin.com/Article/3942083/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-16.htmlFri, 17 Jul 2020 00:05:00 GMTLIVE FUTURES REPORT 16/07: LME copper price recovers above $6,400; zinc tops complex in 0.9% uptickThe three-month copper price on the London Metal Exchange recovered at the close of trading on Thursday July 16, closing above nearby resistance at $6,400 per tonne, while a positive close for LME zinc saw it make the most gains across the base-metals complex over the afternoon. http://www.metalbulletin.com/Article/3942053/LIVE-FUTURES-REPORT-1607-LME-copper-price-recovers-above-6400-zinc-tops-complex-in-09-uptick.htmlThu, 16 Jul 2020 17:20:00 GMTTrade log: Lithium hydroxide monohydrate, min 56.5% LiOH.H2O, battery grade, spot price, cif China, Japan & KoreaLithium hydroxide monohydrate, min 56.5% LiOH.H2O, battery grade, spot price, cif China, Japan & Korea, trade log including business, bids, offers and assessments reported to Fastmarkets. http://www.metalbulletin.com/Article/3942058/Trade-log-Lithium-hydroxide-monohydrate-min-565-LiOHH2O-battery-grade-spot-price-cif-China-Japan-and.htmlThu, 16 Jul 2020 17:08:00 GMTTrade log: Lithium carbonate, min 99.5% Li2CO3, battery grade, spot price, cif China, Japan & KoreaThe lithium carbonate, min 99.5% Li2CO3, battery grade, spot price, cif China, Japan & Korea, trade log including business, bids, offers and assessments reported to Fastmarkets. http://www.metalbulletin.com/Article/3942056/Trade-log-Lithium-carbonate-min-995-Li2CO3-battery-grade-spot-price-cif-China-Japan-and-Korea.htmlThu, 16 Jul 2020 16:58:00 GMTDAILY STEEL SCRAP: Mills book more scrap, prices inch upTurkish steel mills continued their deep-sea scrap purchases at higher prices, sources told Fastmarkets on Thursday July 16. http://www.metalbulletin.com/Article/3941986/DAILY-STEEL-SCRAP-Mills-book-more-scrap-prices-inch-up.htmlThu, 16 Jul 2020 16:08:00 GMTRESEARCH: Key takeaways from the latest Base Metals Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3941984/RESEARCH-Key-takeaways-from-the-latest-Base-Metals-Market-Tracker.htmlThu, 16 Jul 2020 13:52:00 GMTCOKING COAL DAILY: Seaborne premium prices drop further; mixed opinions on future trendSeaborne premium coking coal prices fell further on Thursday July 16, largely due to China’s strict import restrictions and with market participants split over the future direction of the steelmaking raw material, sources told Fastmarkets. http://www.metalbulletin.com/Article/3941967/COKING-COAL-DAILY-Seaborne-premium-prices-drop-further-mixed-opinions-on-future-trend.htmlThu, 16 Jul 2020 13:48:00 GMTTURKEY LONG STEEL EXPORTS: Prices up on rising scrap costsTurkish export prices for steel rebar and wire rod have increased over the past week due to rising costs for imported scrap, but the demand for finished materials was still weak, sources said on Thursday July 16. http://www.metalbulletin.com/Article/3941978/TURKEY-LONG-STEEL-EXPORTS-Prices-up-on-rising-scrap-costs.htmlThu, 16 Jul 2020 13:10:00 GMTIRON ORE DAILY: Seaborne prices down on little trading activityA correction has been issued for this article.http://www.metalbulletin.com/Article/3941963/IRON-ORE-DAILY-Seaborne-prices-down-on-little-trading-activity.htmlThu, 16 Jul 2020 13:00:00 GMTAT A GLANCE: Anglo American Q2 copper output rises on strong performance at Collahuasi A summary of Anglo American’s production results for the second quarter of 2020, according to a company results report released on Thursday July 16. http://www.metalbulletin.com/Article/3941930/AT-A-GLANCE-Anglo-American-Q2-copper-output-rises-on-strong-performance-at-Collahuasi.htmlThu, 16 Jul 2020 12:48:00 GMTRESEARCH: Key takeaways from the latest Steel Raw Materials Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3941968/RESEARCH-Key-takeaways-from-the-latest-Steel-Raw-Materials-Market-Tracker.htmlThu, 16 Jul 2020 12:45:00 GMTCOBALT HYDROXIDE SNAPSHOT: Payables underpinned, suppliers refrain from offeringKey data from the July 15 pricing session in London and Shanghai. http://www.metalbulletin.com/Article/3941962/COBALT-HYDROXIDE-SNAPSHOT-Payables-underpinned-suppliers-refrain-from-offering.htmlThu, 16 Jul 2020 12:15:00 GMTRESEARCH: Key takeaways from the latest North American Steel Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view. http://www.metalbulletin.com/Article/3941961/RESEARCH-Key-takeaways-from-the-latest-North-American-Steel-Market-Tracker.htmlThu, 16 Jul 2020 12:00:00 GMTAT A GLANCE: Anglo American’s Q2 coking coal, iron ore output downA summary of the second-quarter 2020 production results from British multinational mining company Anglo American, it said in its latest production report released on Thursday July 16.http://www.metalbulletin.com/Article/3941929/AT-A-GLANCE-Anglo-Americans-Q2-coking-coal-iron-ore-output-down.htmlThu, 16 Jul 2020 11:35:00 GMTLIVE FUTURES REPORT 16/07: LME nickel price sinks 2% in lackluster morning trading; copper corrects in 0.8% downturnThe three-month nickel price on the London Metal Exchange was the biggest underperformer during morning trading on Thursday July 16, with the market facing risk-off pressure amid a recent oil spill from a large producer, while fresh stock withdrawals failed to stem a downward correction in the LME copper price. http://www.metalbulletin.com/Article/3941948/LIVE-FUTURES-REPORT-1607-LME-nickel-price-sinks-2-in-lackluster-morning-trading-copper-corrects-in-08.htmlThu, 16 Jul 2020 11:00:00 GMTNornickel starts environmental work amid Rusal’s calls for new managementRussian multi-metal miner Nornickel’s newly-established environmental working group has begun work to tackle the significant fallout from a series of recent ecological disasters, the company said on Thursday July 16.http://www.metalbulletin.com/Article/3941942/Nornickel-starts-environmental-work-amid-Rusals-calls-for-new-management.htmlThu, 16 Jul 2020 10:42:00 GMTEU flat steel distributor shipments down 38.5% in May European distributors of flat steel products reported a 38.5% year-on-year drop in shipment volumes in May, Eurometal said on Thursday July 16. http://www.metalbulletin.com/Article/3941932/EU-flat-steel-distributor-shipments-down-385-in-May.htmlThu, 16 Jul 2020 10:15:00 GMT‘Stars align’ for green Al, but timeline still unclear, Alcoa’s Harvey saysAluminium consumers and investors are increasingly calling for a green aluminium premium, but it remains unclear as to when the market will adopt it, Alcoa chief executive officer Roy Harvey said in a call discussing second-quarter earnings on Wednesday July 15. http://www.metalbulletin.com/Article/3941918/Stars-align-for-green-Al-but-timeline-still-unclear-Alcoas-Harvey-says.htmlThu, 16 Jul 2020 05:47:00 GMTAlcoa chimes in on Canada tariff issueUS Section 232 tariffs on Canadian aluminium would not solve the root issue of Chinese overcapacity, Alcoa’s chief executive officer Roy Harvey said during a call discussing the company’s second-quarter earnings on Wednesday July 15.http://www.metalbulletin.com/Article/3941920/Alcoa-chimes-in-on-Canada-tariff-issue.htmlThu, 16 Jul 2020 05:18:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 15Here are five Fastmarkets stories you might have missed on Wednesday July 15 that are worth another look.http://www.metalbulletin.com/Article/3941913/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-15.htmlThu, 16 Jul 2020 00:05:00 GMTGLOBAL TIN WRAP: Europe premium declines on weak demand, LME backwardation; premiums flat elsewhereA persistent backwardation in tin’s forward curve on the London Metal Exchange pressured the tin premium in Europe in the two weeks to Tuesday July 14; meanwhile, premiums in all other regions assessed by Fastmarkets were unchanged.http://www.metalbulletin.com/Article/3941873/GLOBAL-TIN-WRAP-Europe-premium-declines-on-weak-demand-LME-backwardation-premiums-flat-elsewhere.htmlWed, 15 Jul 2020 22:40:00 GMTBASE METALS WARRANT REPORT 15/07A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday July 15.http://www.metalbulletin.com/Article/3941737/BASE-METALS-WARRANT-REPORT-1507.htmlWed, 15 Jul 2020 19:15:00 GMTLIVE FUTURES REPORT 15/07: LME copper price falls 1.6% at close; zinc improvesThe three-month copper price on the London Metal Exchange was lower at the close of trading on Wednesday July 15, despite a loosening of the metal’s forward curve, while zinc futures led the base-metals complex to close just above nearby support levels. http://www.metalbulletin.com/Article/3941882/LIVE-FUTURES-REPORT-1507-LME-copper-price-falls-16-at-close-zinc-improves.htmlWed, 15 Jul 2020 18:43:00 GMTTrade log: Cobalt standard grade, in-whs Rotterdam, $/lb The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3941883/Trade-log-Cobalt-standard-grade-in-whs-Rotterdam-lb.htmlWed, 15 Jul 2020 18:04:00 GMTTrade log: Cobalt alloy grade, in-whs Rotterdam, $/lb The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3941884/Trade-log-Cobalt-alloy-grade-in-whs-Rotterdam-lb.htmlWed, 15 Jul 2020 18:00:00 GMTTrade log: Cobalt alloy grade, in-whs Rotterdam, $/lb The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3941880/Trade-log-Cobalt-alloy-grade-in-whs-Rotterdam-lb.htmlWed, 15 Jul 2020 17:57:00 GMTTrade log: Cobalt standard grade, in-whs Rotterdam, $/lb The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3941881/Trade-log-Cobalt-standard-grade-in-whs-Rotterdam-lb.htmlWed, 15 Jul 2020 17:57:00 GMTEUROPE HRC: Domestic price up in north, stable in south, as demand creeps backDomestic prices for hot-rolled coil have moved upward in Northern Europe, supported by a lack of competitive import offers and a slow revival of demand, sources told Fastmarkets on Wednesday July 15. http://www.metalbulletin.com/Article/3941886/EUROPE-HRC-Domestic-price-up-in-north-stable-in-south-as-demand-creeps-back.htmlWed, 15 Jul 2020 17:50:00 GMTTrevali restarts Santander zinc mine after Covid-19 shutdownTrevali has begun the restart of its Santander mine in Peru, two weeks after an outbreak of Covid-19 cases led to a shutdown there, the company said.http://www.metalbulletin.com/Article/3941872/Trevali-restarts-Santander-zinc-mine-after-Covid-19-shutdown.htmlWed, 15 Jul 2020 17:30:00 GMTMINOR METALS MARKET REPORT 15/07: Cadmium weakens on poor demand; antimony narrows downwardAn overview of the minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3941867/MINOR-METALS-MARKET-REPORT-1507-Cadmium-weakens-on-poor-demand-antimony-narrows-downward.htmlWed, 15 Jul 2020 17:15:00 GMTHouse committee votes for aluminium import monitoring system A United States House committee has voted to introduce the Aluminum Import Monitoring and Analysis (AIMA) system to track metal entering the country, with the goal of creating an early-warning system for excessive increases in imports. http://www.metalbulletin.com/Article/3941863/House-committee-votes-for-aluminium-import-monitoring-system.htmlWed, 15 Jul 2020 17:11:00 GMTEUROPE SECTIONS: Market steady as summer slowdown beginsThe price of hollow steel sections in Northern Europe remained unchanged on Wednesday July 15 with the seasonal summer slowdown beginning, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3941874/EUROPE-SECTIONS-Market-steady-as-summer-slowdown-begins.htmlWed, 15 Jul 2020 16:43:00 GMTEUROPE REBAR: Prices flat as trading begins to slow in some regionsSteel rebar prices in Europe have remained fairly stable over the past week with trading activity starting to scale back in some regions for the seasonal summer slowdown, sources told Fastmarkets on Wednesday July 15. http://www.metalbulletin.com/Article/3941731/EUROPE-REBAR-Prices-flat-as-trading-begins-to-slow-in-some-regions.htmlWed, 15 Jul 2020 15:22:00 GMTGLOBAL COPPER WRAP: Shanghai premiums rise again; Europe stockpile illuminatedCopper premiums continued to rise in Shanghai in the week to Tuesday July 14, but were down in Southeast Asia as consumers balked at soaring exchange prices. Supply should increase in the United States as smelting resumes at Haden, while data released by the London Metal Exchange shows a large stockpile in Europe.http://www.metalbulletin.com/Article/3941713/GLOBAL-COPPER-WRAP-Shanghai-premiums-rise-again-Europe-stockpile-illuminated.htmlWed, 15 Jul 2020 13:42:00 GMTIRON ORE DAILY: Seaborne prices rangebound amid near-term demand outlook uncertainty Seaborne iron ore prices observed rangebound movements on Wednesday July 15 amid uncertainty surrounding the near-term demand on steel because of the flooding caused by heavy rainfalls in southern China.http://www.metalbulletin.com/Article/3941715/IRON-ORE-DAILY-Seaborne-prices-rangebound-amid-near-term-demand-outlook-uncertainty.htmlWed, 15 Jul 2020 13:10:00 GMTNEWSBREAK: Fastmarkets settles Q3 MJP aluminium premium at $75-79/t Fastmarkets has settled the benchmark premium for the supply of aluminium to main Japanese ports (MJP) in the third quarter of 2020 at $75-79 per tonne over the London Metal Exchange cash price. http://www.metalbulletin.com/Article/3941712/NEWSBREAK-Fastmarkets-settles-Q3-MJP-aluminium-premium-at-75-79t.htmlWed, 15 Jul 2020 12:51:00 GMTCOKING COAL DAILY: Premium prices down; market in wait-and-see modePremium hard coking coal prices edged down on Wednesday July 15 on negative market sentiment, with participants in wait-and-see mode, Fastmarkets was told.http://www.metalbulletin.com/Article/3941709/COKING-COAL-DAILY-Premium-prices-down-market-in-wait-and-see-mode.htmlWed, 15 Jul 2020 12:35:00 GMTJAPAN STEEL SCRAP: Prices move up as buyers rush to marketPrices for bulk cargoes of Japan-origin scrap have increased over the past week on strong demand from buyers in South Korea, Taiwan and Vietnam, market participants told Fastmarkets on Wednesday July 15. http://www.metalbulletin.com/Article/3941707/JAPAN-STEEL-SCRAP-Prices-move-up-as-buyers-rush-to-market.htmlWed, 15 Jul 2020 11:42:00 GMTChina's Yunnan government reveals details of base metals stockpiling plan The provincial government of Yunnan, China, has announced details of incentives for companies that purchase base metal products. http://www.metalbulletin.com/Article/3941703/Chinas-Yunnan-government-reveals-details-of-base-metals-stockpiling-plan.htmlWed, 15 Jul 2020 11:41:00 GMTLIVE FUTURES REPORT 15/07: LME base metals consolidate after sell-off; zinc back above $2,200/tLondon Metal Exchange three-month base metals prices consolidated near recent highs in the morning session on Wednesday July 15, becoming firmer on macro rhetoric after a price drop following the previous day’s sell-off.http://www.metalbulletin.com/Article/3941699/LIVE-FUTURES-REPORT-1507-LME-base-metals-consolidate-after-sell-off-zinc-back-above-2200t.htmlWed, 15 Jul 2020 10:55:00 GMTFOCUS: High spot billet prices force default on 200,000 tonnes of Chinese billetSteel traders in China have defaulted on contracts to supply their customers with some 200,000 tonnes of July-delivery Tangshan-origin steel billet as a result of high spot prices, industry sources told Fastmarkets this week.http://www.metalbulletin.com/Article/3941689/FOCUS-High-spot-billet-prices-force-default-on-200000-tonnes-of-Chinese-billet.htmlWed, 15 Jul 2020 08:47:00 GMTMORNING VIEW: Broader markets mixed amid numerous crosswindsAsian-Pacific equities were mixed this morning, Wednesday July 15, with markets in China and Hong Kong lower, while other markets in the region and pre-market major western equity markets were firmer.http://www.metalbulletin.com/Article/3941692/MORNING-VIEW-Broader-markets-mixed-amid-numerous-crosswinds.htmlWed, 15 Jul 2020 08:36:00 GMTRusal calls for new Nornickel managementUC Rusal, Nornickel’s second-largest shareholder, has called for a change in the latter’s management, following three polluting events in six weeks within Nornickel. http://www.metalbulletin.com/Article/3941687/Rusal-calls-for-new-Nornickel-management.htmlWed, 15 Jul 2020 06:00:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 14Here are five Fastmarkets stories you might have missed on Tuesday July 14 that are worth another look.http://www.metalbulletin.com/Article/3941683/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-14.htmlWed, 15 Jul 2020 00:05:00 GMTTrump cannot double Section 232 duty vs Turkey, US CIT findsThe United States Court of International Trade (CIT) has ruled that President Donald Trump did not have the power to double the Section 232 tariff on steel imports from Turkey.http://www.metalbulletin.com/Article/3941681/Trump-cannot-double-Section-232-duty-vs-Turkey-US-CIT-finds.htmlTue, 14 Jul 2020 22:29:00 GMTGLOBAL ALUMINIUM WRAP: Brazil premiums tick up; premiums elsewhere flatAluminium premiums were stable in most regions on Tuesday July 14, but premiums rose in Brazil with some market participants in the country noting signs of demand recovery, while others suggested the increase could be short-lived. http://www.metalbulletin.com/Article/3941662/GLOBAL-ALUMINIUM-WRAP-Brazil-premiums-tick-up-premiums-elsewhere-flat.htmlTue, 14 Jul 2020 22:14:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 14/07A summary of base metals premiums from across the globe for the week to Tuesday July 14. http://www.metalbulletin.com/Article/3941652/WEEKLY-BASE-METAL-PREMIUMS-REPORT-1407.htmlTue, 14 Jul 2020 22:02:00 GMTMexican ferrous scrap prices down on weak demandMost steel scrap prices in Mexico fell during the week ended Friday July 10 amid slow demand, with the market affected by pessimism stemming from the monthly settlement in the United States. http://www.metalbulletin.com/Article/3941676/Mexican-ferrous-scrap-prices-down-on-weak-demand.htmlTue, 14 Jul 2020 21:41:00 GMTLIVE FUTURES REPORT 14/07: Lackluster China data, US equities sell-off halts upward momentum in LME base metals London Metal Exchange three-month base metals prices all closed down on Tuesday July 14 after a sell-off across US equities and weaker than expected Chinese data put a block on any upward price momentum. http://www.metalbulletin.com/Article/3941657/LIVE-FUTURES-REPORT-1407-Lackluster-China-data-US-equities-sell-off-halts-upward-momentum-in-LME-base.htmlTue, 14 Jul 2020 19:02:00 GMTFOCUS: Bulk alloys under persistent pressure in Europe, IndiaBulk alloys markets in Europe and India look set to trade under persistent pressure from a lack of demand in the near term, with weekly price falls raising the prospect of production cuts, according to industry sources.http://www.metalbulletin.com/Article/3941644/FOCUS-Bulk-alloys-under-persistent-pressure-in-Europe-India.htmlTue, 14 Jul 2020 18:22:00 GMTVedanta seeks 2021 marketing partner for European aluminium market - sources Aluminium producer Vedanta is seeking an agent to market the company’s aluminium products in Europe for 2021, sources close to the matter told Fastmarkets. http://www.metalbulletin.com/Article/3941650/Vedanta-seeks-2021-marketing-partner-for-European-aluminium-market-sources.htmlTue, 14 Jul 2020 17:45:00 GMTNew duties to affect UAE flat steel importsNew flat steel import duties are expected to affect flat steel imports into the United Arab Emirates (UAE), market sources told Fastmarkets on Tuesday July 14.http://www.metalbulletin.com/Article/3941613/New-duties-to-affect-UAE-flat-steel-imports.htmlTue, 14 Jul 2020 16:08:00 GMTPRICING NOTICE: Proposal to amend Fastmarkets' South America HDG import price assessmentFastmarkets proposes to amend the specifications of its hot-dipped galvanized steel import price on a cfr South America basis to narrow the range of products included and better reflect the base-grade material traded in the region.http://www.metalbulletin.com/Article/3941499/PRICING-NOTICE-Proposal-to-amend-Fastmarkets-South-America-HDG-import-price-assessment.htmlTue, 14 Jul 2020 15:38:00 GMTGULF FLAT STEEL IMPORTS: Demand backs off before religious holidayFlat steel import prices in the United Arab Emirates and Saudi Arabia were mostly stable this week with demand being moderate, sources told Fastmarkets on Tuesday July 14. http://www.metalbulletin.com/Article/3941612/GULF-FLAT-STEEL-IMPORTS-Demand-backs-off-before-religious-holiday.htmlTue, 14 Jul 2020 15:23:00 GMTDAILY STEEL SCRAP: Prices up as mills resume deep-sea bookingsTurkish steel producers have resumed their deep-sea scrap purchasing at slightly higher prices, sources said on Tuesday July 14. http://www.metalbulletin.com/Article/3941610/DAILY-STEEL-SCRAP-Prices-up-as-mills-resume-deep-sea-bookings.htmlTue, 14 Jul 2020 15:22:00 GMTFOCUS: Strong fundamentals support SHFE aluminium uptrend until end-August, analysts say Robust demand for aluminium in China has supported the Shanghai Futures Exchange aluminium price into July and analysts expect it to maintain strength at least until the end of August. http://www.metalbulletin.com/Article/3941560/FOCUS-Strong-fundamentals-support-SHFE-aluminium-uptrend-until-end-August-analysts-say.htmlTue, 14 Jul 2020 15:18:00 GMTPRICING NOTICE: Proposal to amend publication time of Latin American steel pricesFastmarkets proposes to change the publication time of its Latin American steel price assessments to Friday at 2-3pm New York time from Friday 2-3pm London time.http://www.metalbulletin.com/Article/3941504/PRICING-NOTICE-Proposal-to-amend-publication-time-of-Latin-American-steel-prices.htmlTue, 14 Jul 2020 15:18:00 GMTGULF STEEL BILLET, REBAR: Prices stable, next moves uncertainThe prices for steel rebar and billet in the United Arab Emirates were stable this week, but buyers were expecting new local rebar prices next week, market sources said on Tuesday July 14. http://www.metalbulletin.com/Article/3941608/GULF-STEEL-BILLET-REBAR-Prices-stable-next-moves-uncertain.htmlTue, 14 Jul 2020 14:42:00 GMTPRICING NOTICE: Proposal to discontinue Argentina steel assessmentsFastmarkets proposes to discontinue four price assessments of steel in Argentina following a long period of low liquidity and an inactive spot market. http://www.metalbulletin.com/Article/3941444/PRICING-NOTICE-Proposal-to-discontinue-Argentina-steel-assessments.htmlTue, 14 Jul 2020 14:30:00 GMTWorkers at two Antofagasta copper mines vote to strike after rejecting pay offerWorkers at Antofagasta’s Zaldivar and Centinela copper mines in Chile have successively voted to take industrial action after the negotiations for labor contract renewals failed, Fastmarkets understands. http://www.metalbulletin.com/Article/3941555/Workers-at-two-Antofagasta-copper-mines-vote-to-strike-after-rejecting-pay-offer.htmlTue, 14 Jul 2020 12:36:00 GMTCOKING COAL DAILY: Seaborne premium material prices decline; burst of transactions todaySeaborne premium hard coking coal prices declined on Tuesday July 14 after several transactions were concluded at lower prices, with sources reporting a burst in trading over the day following inactivity last week. http://www.metalbulletin.com/Article/3941569/COKING-COAL-DAILY-Seaborne-premium-material-prices-decline-burst-of-transactions-today.htmlTue, 14 Jul 2020 12:35:00 GMTFOCUS: Chinese FeCr producers on track to ramp up capacities by late 2020China’s ferro-chrome market has been rising, with incremental increases in its annual output since 2015, and that momentum has extended despite the market being faced with a series of challenges in the first half of the year.http://www.metalbulletin.com/Article/3941543/FOCUS-Chinese-FeCr-producers-on-track-to-ramp-up-capacities-by-late-2020.htmlTue, 14 Jul 2020 11:44:00 GMTLIVE FUTURES REPORT 14/07: LME zinc price wipes out Monday’s gains in 2% decline; China imports climbThe three-month zinc price on the London Metal Exchange was the standout underperformer during morning trading on Tuesday July 14, wiping out gains made on Monday amid continued market volatility. http://www.metalbulletin.com/Article/3941554/LIVE-FUTURES-REPORT-1407-LME-zinc-price-wipes-out-Mondays-gains-in-2-decline-China-imports-climb.htmlTue, 14 Jul 2020 10:53:00 GMTChina vanadium alloy prices consolidate against firm offers, waning buying interestChina’s vanadium alloy prices consolidated in the week to Thursday July 9 after many domestic alloy suppliers refused to compromise further on prices and mills’ buying interest gradually waned after having completed restocking in previous weeks, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3941546/China-vanadium-alloy-prices-consolidate-against-firm-offers-waning-buying-interest.htmlTue, 14 Jul 2020 09:52:00 GMTMORNING VIEW: Markets weaker, nervous in case US corporate earnings trigger a reality checkAsian-Pacific equities and the base metals trading on the London Metal Exchange were weaker this morning, Tuesday July 14, with profit-taking emerging in the face of increased Covid-19 cases and earnings uncertainty. http://www.metalbulletin.com/Article/3941545/MORNING-VIEW-Markets-weaker-nervous-in-case-US-corporate-earnings-trigger-a-reality-check.htmlTue, 14 Jul 2020 08:43:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 13Here are five Fastmarkets stories you might have missed on Monday July 13 that are worth another look.http://www.metalbulletin.com/Article/3941532/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-13.htmlTue, 14 Jul 2020 00:05:00 GMTCIS STEEL BILLET: Fresh booking, China optimism support further price riseExport prices for steel billet from the Commonwealth of Independent States (CIS) continued to rise over the week to Monday July 13, supported by a fresh sale and a positive mood in China. http://www.metalbulletin.com/Article/3941523/CIS-STEEL-BILLET-Fresh-booking-China-optimism-support-further-price-rise.htmlMon, 13 Jul 2020 19:10:00 GMTALUMINA SNAPSHOT: Fob Australia index hits four-month high in lively spot market Key information from the pricing session for Fastmarkets’ alumina index, fob Australia on Monday July 13. http://www.metalbulletin.com/Article/3941502/ALUMINA-SNAPSHOT-Fob-Australia-index-hits-four-month-high-in-lively-spot-market.htmlMon, 13 Jul 2020 17:38:00 GMTEUROPE HRC WRAP: Domestic prices continue slow recovery on lack of import competitionDomestic prices for steel hot-rolled coil moved up across Europe in the week ended Friday July 10, supported by the continuing lack of competitive import offers. http://www.metalbulletin.com/Article/3941505/EUROPE-HRC-WRAP-Domestic-prices-continue-slow-recovery-on-lack-of-import-competition.htmlMon, 13 Jul 2020 17:25:00 GMTVale, Kobe, Mitsui enter agreement for potential 'low-emission' steel JVBrazilian miner Vale has entered into a non-binding agreement with Japanese companies Kobe Steel and Mitsui to form a low-emission steel joint venture, it said in a filing to Brazil’s securities commission CVM on Monday July 13.http://www.metalbulletin.com/Article/3941441/Vale-Kobe-Mitsui-enter-agreement-for-potential-low-emission-steel-JV.htmlMon, 13 Jul 2020 17:20:00 GMTEUROPE HRC: Domestic prices stable, outlook remains positiveDomestic prices for hot-rolled coil in Northern Europe were largely stable day on day on Monday July 13, but prices were likely to move upward supported by the lack of competitive imports, sources told Fastmarkets. http://www.metalbulletin.com/Article/3941512/EUROPE-HRC-Domestic-prices-stable-outlook-remains-positive.htmlMon, 13 Jul 2020 17:10:00 GMTCIS STEEL SLAB: Stronger demand in China supports pricesThe export price for CIS-origin steel slab surged in the week to Monday July 13 with customers in Europe accepting higher prices in their latest bookings. In addition, Chinese buyers also showed a readiness to pay higher prices amid stronger demand. http://www.metalbulletin.com/Article/3941501/CIS-STEEL-SLAB-Stronger-demand-in-China-supports-prices.htmlMon, 13 Jul 2020 16:54:00 GMTUK STEEL SCRAP MONTHLY: Consumer market drops on slump in demandThe UK market for deliveries of steel scrap to domestic consumers has dropped month-on-month in line with demand, with steelmakers positioning their smelting schedules for the seasonal summer slowdown. http://www.metalbulletin.com/Article/3941387/UK-STEEL-SCRAP-MONTHLY-Consumer-market-drops-on-slump-in-demand.htmlMon, 13 Jul 2020 16:20:00 GMTDAILY STEEL SCRAP: Mills stay away from deep-sea purchases amid weak long steel demandTurkish steel producers paused their deep-sea scrap purchases once again at the beginning of the week after booking only two deep-sea cargoes late last week, sources told Fastmarkets on Monday July 13.http://www.metalbulletin.com/Article/3941416/DAILY-STEEL-SCRAP-Mills-stay-away-from-deep-sea-purchases-amid-weak-long-steel-demand.htmlMon, 13 Jul 2020 16:16:00 GMTNornickel reports second Arctic oil spill [UPDATED]Russian multi-metal miner Nornickel reported a second Arctic fuel spill during an aviation refueling exercise, the company said on Sunday July 12.http://www.metalbulletin.com/Article/3941330/Nornickel-reports-second-Arctic-oil-spill-[UPDATED].htmlMon, 13 Jul 2020 15:42:00 GMTRUSSIA REBAR: Prices stable on strong demand from constructionDemand for steel rebar in Russia’s Central Federal District around Moscow was reported be good in the week to Monday July 13, driven by a recovering construction sector and with prices being largely stable, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3941358/RUSSIA-REBAR-Prices-stable-on-strong-demand-from-construction.htmlMon, 13 Jul 2020 15:28:00 GMTMANGANESE ORE ANALYTICS: July 13, 2020The latest data for the global manganese ore market for the week ended July 13, 2020.http://www.metalbulletin.com/Article/3941337/MANGANESE-ORE-ANALYTICS-July-13-2020.htmlMon, 13 Jul 2020 14:00:00 GMTFall in China portside manganese ore prices slows as buying interest growsPortside manganese ore prices in China began to fall more slowly in the week to Friday July 10, with some ore traders becoming resistant to lower offers because of increased inquiries from alloy smelters, market participants have told Fastmarkets. http://www.metalbulletin.com/Article/3941360/Fall-in-China-portside-manganese-ore-prices-slows-as-buying-interest-grows.htmlMon, 13 Jul 2020 13:55:00 GMTGLOBAL SILICON SNAPSHOT: No resistance to low bids in Europe; domestic China demand improvesKey data from the pricing sessions in Asia, Europe and the United States for the session ended on Friday June 10.http://www.metalbulletin.com/Article/3941342/GLOBAL-SILICON-SNAPSHOT-No-resistance-to-low-bids-in-Europe-domestic-China-demand-improves.htmlMon, 13 Jul 2020 13:20:00 GMTCOKING COAL DAILY: Seaborne premium prices edge down as market stallsSeaborne premium hard coking coal prices edged downward on Monday July 13 on the influence of recent deals, but there was no activity in the market. http://www.metalbulletin.com/Article/3941346/COKING-COAL-DAILY-Seaborne-premium-prices-edge-down-as-market-stalls.htmlMon, 13 Jul 2020 12:50:00 GMTSeaborne manganese ore prices lose lockdown-led gains on higher-than-expected supply Low- and high-grade manganese ore prices in the Chinese seaborne market continued to trend down on Friday July 10, after some miners lowered their offers for August-delivery cargoes amid relatively abundant supply and aggressive bids despite some resumed buying interest. http://www.metalbulletin.com/Article/3941341/Seaborne-manganese-ore-prices-lose-lockdown-led-gains-on-higher-than-expected-supply.htmlMon, 13 Jul 2020 12:43:00 GMTCHINA REBAR: Tangshan earthquake fails to influence pricesAn earthquake in Tangshan failed to affect China’s rebar prices on Monday July 13, with prices gaining due to bullish sentiment caused by rising futures prices. http://www.metalbulletin.com/Article/3941333/CHINA-REBAR-Tangshan-earthquake-fails-to-influence-prices.htmlMon, 13 Jul 2020 12:37:00 GMTCHINA HRC: Importers raise bids after domestic gainsChina’s hot-rolled coil importers raised their bids on Monday July 13, motivated by domestic price gains, although the bids remain below offer levels for material from India. http://www.metalbulletin.com/Article/3941327/CHINA-HRC-Importers-raise-bids-after-domestic-gains.htmlMon, 13 Jul 2020 11:27:00 GMTFire forces Vietnam’s Hoa Phat to stop steel output at blast furnaceVietnamese integrated steel producer Hoa Phat was forced to halt steel output at its blast furnace (BF) No1 in Dung Quat over the weekend after a fire started at the mill, Fastmarkets understands.http://www.metalbulletin.com/Article/3941324/Fire-forces-Vietnams-Hoa-Phat-to-stop-steel-output-at-blast-furnace.htmlMon, 13 Jul 2020 11:18:00 GMTSouth Korea's Hyundai Steel increases HRC offers by $10/t Major South Korean producer Hyundai Steel is increasing its September-shipment hot-rolled coil offers by $10 per tonne this week, sources told Fastmarkets.http://www.metalbulletin.com/Article/3941328/South-Koreas-Hyundai-Steel-increases-HRC-offers-by-10t.htmlMon, 13 Jul 2020 11:10:00 GMTLIVE FUTURES REPORT 13/07: Production woes put LME copper above $6,500/t on high vol; C/3M holds backwardationThe London Metal Exchange three-month copper price increased during morning trading on Monday July 13, up against further supply-related concerns from Chile, while the metal’s forward curve held in backwardation amid strong buying momentum.http://www.metalbulletin.com/Article/3941329/LIVE-FUTURES-REPORT-1307-Production-woes-put-LME-copper-above-6500t-on-high-vol-C3M-holds.htmlMon, 13 Jul 2020 10:38:00 GMTCopper price hits 2-yr peak on Chile strike fears [UPDATED]Copper futures in London and Shanghai soared in early morning trading on Monday July 13 after miners in Chile declared they would strike over wages, Fastmarkets understands.http://www.metalbulletin.com/Article/3941322/Copper-price-hits-2-yr-peak-on-Chile-strike-fears-[UPDATED].htmlMon, 13 Jul 2020 09:24:00 GMTSeaborne iron ore concentrate, pellet prices rebound in line with futures, finesSeaborne iron ore concentrate and pellet trading with limited by poor demand in China last week, but bullish futures and fines markets led to a rise in prices, sources told Fastmarkets. http://www.metalbulletin.com/Article/3941316/Seaborne-iron-ore-concentrate-pellet-prices-rebound-in-line-with-futures-fines.htmlMon, 13 Jul 2020 08:50:00 GMTMORNING VIEW: Broader markets start week on front foot; fresh supply disruption concerns underpinning the metalsBroader markets were upbeat this morning, Monday July 13, with Covid-19, weather-related supply disruptions and the threat of a labor strike at the Zaldivar copper mine in Chile driving sentiment.http://www.metalbulletin.com/Article/3941318/MORNING-VIEW-Broader-markets-start-week-on-front-foot-fresh-supply-disruption-concerns-underpinning.htmlMon, 13 Jul 2020 08:22:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 10Here are five Fastmarkets stories you might have missed on Friday July 10 that are worth another look.http://www.metalbulletin.com/Article/3941299/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-10.htmlMon, 13 Jul 2020 00:05:00 GMTBrazilian domestic flat steel prices rise as demand gradually recoversBrazilian domestic flat steel prices rose on Friday July 10 after local steelmakers began implementing previously announced price increases amid recovering demand.http://www.metalbulletin.com/Article/3941289/Brazilian-domestic-flat-steel-prices-rise-as-demand-gradually-recovers.htmlFri, 10 Jul 2020 22:47:00 GMTGLOBAL MANGANESE SNAPSHOT: Ore prices still under pressure from high supply; slow recovery hits alloysA correction has been issued for this article. http://www.metalbulletin.com/Article/3941251/GLOBAL-MANGANESE-SNAPSHOT-Ore-prices-still-under-pressure-from-high-supply-slow-recovery-hits-alloys.htmlFri, 10 Jul 2020 19:55:00 GMTGLOBAL FERRO-SILICON SNAPSHOT: Tempered summer demand weighs on European marketKey data from the pricing sessions in Asia, Europe and the United States in the week ending Friday July 10.http://www.metalbulletin.com/Article/3941242/GLOBAL-FERRO-SILICON-SNAPSHOT-Tempered-summer-demand-weighs-on-European-market.htmlFri, 10 Jul 2020 19:45:00 GMTALUMINIUM FOUNDRY WRAP: US premium ticks up, but spot trades lackingThe US primary foundry alloy premium inched up on Friday July 10 even as spot activity remained muted, supported by improving sentiment as automotive supply chains in the US normalize. Premiums in Europe were unchanged.http://www.metalbulletin.com/Article/3941243/ALUMINIUM-FOUNDRY-WRAP-US-premium-ticks-up-but-spot-trades-lacking.htmlFri, 10 Jul 2020 19:36:00 GMTBrazilian steel slab export prices inch down on US quota issuesBrazilian steel slab export prices narrowed downward in the week ended Friday July 10 because the country’s quota for steel imports into the United States has approached its limit. http://www.metalbulletin.com/Article/3941260/Brazilian-steel-slab-export-prices-inch-down-on-US-quota-issues.htmlFri, 10 Jul 2020 19:18:00 GMTGLOBAL CHROME SNAPSHOT: European FeCr prices drop further as market sinks into seasonal lull Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday July 10.http://www.metalbulletin.com/Article/3941236/GLOBAL-CHROME-SNAPSHOT-European-FeCr-prices-drop-further-as-market-sinks-into-seasonal-lull.htmlFri, 10 Jul 2020 19:09:00 GMTSTEEL SCRAP WRAP: Asian prices recover despite downturn in TurkeySteel scrap prices in the Asian markets have recovered following the Kanto auction in Japan, while Turkish deep-sea scrap import values inched down at the end of the week due to weak demand for rebar. http://www.metalbulletin.com/Article/3941202/STEEL-SCRAP-WRAP-Asian-prices-recover-despite-downturn-in-Turkey.htmlFri, 10 Jul 2020 18:58:00 GMTLIVE FUTURES REPORT 10/07: China liquidity boost inspires LME base metals rallyThe posting of 1.81 trillion yuan in new Chinese loans early in the European trading session on Friday July 10 led to a rally across all London Metal Exchange three-month base metals prices.http://www.metalbulletin.com/Article/3941247/LIVE-FUTURES-REPORT-1007-China-liquidity-boost-inspires-LME-base-metals-rally.htmlFri, 10 Jul 2020 18:51:00 GMTPRICING NOTICE: Proposal to change publication day of European, seaborne chrome pricesFastmarkets proposes to change the publication day of its European and seaborne price assessments, indices and indicators covering chrome ore and ferro-chrome to Tuesday, from Friday. http://www.metalbulletin.com/Article/3941200/PRICING-NOTICE-Proposal-to-change-publication-day-ofEuropean-seaborne-chrome-prices.htmlFri, 10 Jul 2020 18:49:00 GMTMINOR METALS MARKET REPORT 10/07: Manganese flake price dips despite recent improved sentiment An overview of the minor metals markets and the reasons for their latest price moves.http://www.metalbulletin.com/Article/3941186/MINOR-METALS-MARKET-REPORT-1007-Manganese-flake-price-dips-despite-recent-improved-sentiment.htmlFri, 10 Jul 2020 18:27:00 GMTEUROPE STAINLESS STEEL: Prices slide on weak demandThe price of stainless steel in the European domestic market has dropped this week because of low demand, sources told Fastmarkets on Friday July 10. http://www.metalbulletin.com/Article/3941248/EUROPE-STAINLESS-STEEL-Prices-slide-on-weak-demand.htmlFri, 10 Jul 2020 18:15:00 GMTINTERVIEW: Commercial impetus for green aluminium still nascent, IAI saysA vast amount of investment will be required to achieve meaningful change in the carbon footprint of aluminium across a broad portion of the industry, and the commercial impetus is not there yet, according to the secretary general of the International Aluminium Institute (IAI). http://www.metalbulletin.com/Article/3941240/INTERVIEW-Commercial-impetus-for-green-aluminium-still-nascent-IAI-says.htmlFri, 10 Jul 2020 18:14:00 GMTUS PIG IRON: Market rises on poor availability, Chinese demandThe pig iron market in the United States went up during the week ended Friday July 10 because of external factors such as low availability globally and high demand in China. http://www.metalbulletin.com/Article/3941255/US-PIG-IRON-Market-rises-on-poor-availability-Chinese-demand.htmlFri, 10 Jul 2020 18:02:00 GMTINTERVIEW: Aluminium has key role in post-Covid-19 rebuild, IAI saysAluminium has an opportunity to play a key role in the government-led rebuilding of economies following the Covid-19 pandemic, including in the drive to a low-carbon economy as well as developments in infrastructure, transportation and construction, the secretary general of the International Aluminium Institute (IAI) said.http://www.metalbulletin.com/Article/3941204/INTERVIEW-Aluminium-has-key-role-in-post-Covid-19-rebuild-IAI-says.htmlFri, 10 Jul 2020 18:00:00 GMTDomestic rebar price climbs to 13-month high in Brazil on supply cut, demand recoveryThe domestic rebar price in Brazil increased in July, with a 10% hike successfully implemented by producers due to previous moves to reduce supplies to match falling demand and due to resilience in the construction sector amid the Covid-19 pandemic.http://www.metalbulletin.com/Article/3941181/Domestic-rebar-price-climbs-to-13-month-high-in-Brazil-on-supply-cut-demand-recovery.htmlFri, 10 Jul 2020 17:35:00 GMTIndian HRC export price range widens in bookings to Middle East, EuropeThe price range for exports of India-origin hot-rolled coil has widened, with the country’s mills booking shipments to regions besides the traditional export outlets in Southeast Asia. http://www.metalbulletin.com/Article/3941254/Indian-HRC-export-price-range-widens-in-bookings-to-Middle-East-Europe.htmlFri, 10 Jul 2020 17:35:00 GMTSouth America steel import prices up on higher offers for SeptemberImport prices of flat-rolled steel increased slightly in South America during the week to Friday July 10 because new offers for September-shipment cargoes continued the recent uptrend. http://www.metalbulletin.com/Article/3941244/South-America-steel-import-prices-up-on-higher-offers-for-September.htmlFri, 10 Jul 2020 17:10:00 GMTINTERVIEW: China unlikely to dominate aluminium production growth in next 20 years, IAI saysChina is unlikely to dominate production growth in the aluminium market in the next two decades in the same way it has over the past 20 years, according to the secretary general of the International Aluminium Institute (IAI).http://www.metalbulletin.com/Article/3941199/INTERVIEW-China-unlikely-to-dominate-aluminium-production-growth-in-next-20-years-IAI-says.htmlFri, 10 Jul 2020 16:43:00 GMTDAILY STEEL SCRAP: Turkish mills resume deep-sea bookings; prices inch downTurkish steel producers resumed deep-sea scrap purchases at the end of the week at slightly lower prices, sources said on Friday July 10. http://www.metalbulletin.com/Article/3941194/DAILY-STEEL-SCRAP-Turkish-mills-resume-deep-sea-bookings-prices-inch-down.htmlFri, 10 Jul 2020 16:32:00 GMTEurofer urges GFSEC to increase efforts to deliver global steel production cuts European steel association Eurofer is urging the Global Forum on Steel Excess Capacity (GFSEC) to intensify efforts to tackle global steel overcapacity. http://www.metalbulletin.com/Article/3941182/Eurofer-urges-GFSEC-to-increase-efforts-to-deliver-global-steel-production-cuts.htmlFri, 10 Jul 2020 16:05:00 GMTPOLAND REBAR: Most mills sold out for July rollingDomestic prices for steel rebar in Poland were stable in the week to Friday July 10 while availability was tight, with most producers sold out for July rolling, sources told Fastmarkets.http://www.metalbulletin.com/Article/3941171/POLAND-REBAR-Most-mills-sold-out-for-July-rolling.htmlFri, 10 Jul 2020 15:51:00 GMTTrade log: Cobalt alloy grade, in-whs Rotterdam, $/lbThe cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3941198/Trade-log-Cobalt-alloy-grade-in-whs-Rotterdam-lb.htmlFri, 10 Jul 2020 15:25:00 GMTTrade log: Cobalt standard grade, in-whs Rotterdam, $/lbThe cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3941195/Trade-log-Cobalt-standard-grade-in-whs-Rotterdam-lb.htmlFri, 10 Jul 2020 15:20:00 GMTLME off-warrant stock data shows fraction of full aluminium supply, market says Market participants say off-warrant aluminium stocks are much higher than what is reflected in this week’s London Metal Exchange data release, but many welcomed the added transparency. http://www.metalbulletin.com/Article/3941178/LME-off-warrant-stock-data-shows-fraction-of-full-aluminium-supply-market-says.htmlFri, 10 Jul 2020 15:10:00 GMTCIS PIG IRON: Market stable on renewed sales to traditional outletsThe decline in pig iron exports from the Commonwealth of Independent States (CIS) stopped during the week ended Thursday July 9 on resumed sales to the traditional outlets of the United States and Italy. http://www.metalbulletin.com/Article/3941179/CIS-PIG-IRON-Market-stable-on-renewed-sales-to-traditional-outlets.htmlFri, 10 Jul 2020 14:12:00 GMTCHINA COBALT SNAPSHOT: Rising futures buoy spot prices despite weak downstream demandKey data from the Friday July 10 pricing session in Shanghai.http://www.metalbulletin.com/Article/3941174/CHINA-COBALT-SNAPSHOT-Rising-futures-buoy-spot-prices-despite-weak-downstream-demand.htmlFri, 10 Jul 2020 14:05:00 GMTLIVE FUTURES REPORT 10/07: LME nickel continues descent in 1.2% drop; copper holds above $6,300/tThe LME three-month nickel price was trading down 1.2% on the previous day’s close at around $13,080 per tonne during the morning session on Friday July 10, continuing its descent from yesterday’s $13,550 per tonne intraday high. http://www.metalbulletin.com/Article/3941101/LIVE-FUTURES-REPORT-1007LME-nickel-continues-descent-in-12-drop-copper-holds-above-6300t.htmlFri, 10 Jul 2020 10:25:00 GMTIN CASE YOU MISSED IT: 5 key stories from July 9Here are five Fastmarkets stories you might have missed on Thursday July 9 that are worth another look.http://www.metalbulletin.com/Article/3941097/IN-CASE-YOU-MISSED-IT-5-key-stories-from-July-9.htmlFri, 10 Jul 2020 00:05:00 GMTBMW in 5-year cobalt supply deal with Moroccan miner ManagemThe BMW Group has signed a five-year cobalt supply deal with Moroccan mining company Managem Group covering around one-fifth of its needs for its latest electric drive trains, the company said. http://www.metalbulletin.com/Article/3941076/BMW-in-5-year-cobalt-supply-deal-with-Moroccan-miner-Managem.htmlThu, 09 Jul 2020 20:17:00 GMTLME publishes off-warrant stocks data showing extra 1 mln tonnes of Al off-warrantThe London Metal Exchange has released off-warrant stock data to the market in a bid to increase transparency of global metal availability. http://www.metalbulletin.com/Article/3940968/LME-publishes-off-warrant-stocks-data-showing-extra-1-mln-tonnes-of-Al-off-warrant.htmlThu, 09 Jul 2020 19:22:00 GMTCIS STEEL BILLET: Offers rise on demand recovery in ChinaOffer prices on CIS-origin steel billet to foreign customers have surged upward toward the end of this week, supported by a recovery of demand in China, Fastmarkets heard on Thursday July 9. http://www.metalbulletin.com/Article/3940979/CIS-STEEL-BILLET-Offers-rise-on-demand-recovery-in-China.htmlThu, 09 Jul 2020 19:00:00 GMTFOCUS: What SHFE briquette deliverability means for oversupplied nickel marketThe global nickel market continues to suffer a disconnect between on-exchange activity and market fundamentals, with the appetite for physical material distinctly lackluster, while speculative sights are set firmly on the electric vehicle (EV) battery revolution. http://www.metalbulletin.com/Article/3940970/FOCUS-What-SHFE-briquette-deliverability-means-for-oversupplied-nickel-market.htmlThu, 09 Jul 2020 17:28:00 GMTLIVE FUTURES REPORT 09/07: LME copper rallies to $6,300 at close; nickel falls 1.5%The three-month copper price on the London Metal Exchange was higher at the close of trading on Thursday July 9, continuing to test levels last seen in January despite a volatile forward curve, while nickel lost ground into the afternoon despite high turnover across the base-metals complex. http://www.metalbulletin.com/Article/3941066/LIVE-FUTURES-REPORT-0907-LME-copper-rallies-to-6300-at-close-nickel-falls-15.htmlThu, 09 Jul 2020 17:02:00 GMTEUROPE HRC: European mills remain bullish on lack of import competitionDomestic prices for hot-rolled coil in Northern Europe moved slightly upward day on day on Thursday July 9, and the steelmakers were insisting that there will be further price rises, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3941063/EUROPE-HRC-European-mills-remain-bullish-on-lack-of-import-competition.htmlThu, 09 Jul 2020 16:45:00 GMTDAILY STEEL SCRAP REPORT: Turkish mills extend their silence in deep-sea markets, prices likely to holdThe Turkish deep-sea ferrous scrap import market remained quiet, with mills in the country holding back from purchasing due to weak finished long steel sales, sources said on Thursday July 9. http://www.metalbulletin.com/Article/3940974/DAILY-STEEL-SCRAP-REPORT-Turkish-mills-extend-their-silence-in-deep-sea-markets-prices-likely-to-hold.htmlThu, 09 Jul 2020 16:23:00 GMTNew Century's zinc tailing project reaches commercial production New Century has achieved commercial production by processing tailings left by the Century mine, once the world’s largest zinc mine located in northwest Queensland of Australia. http://www.metalbulletin.com/Article/3940975/New-Centurys-zinc-tailing-project-reaches-commercial-production.htmlThu, 09 Jul 2020 15:44:00 GMTTURKEY LONG STEEL: Domestic demand remains poor, buyers expect lower pricesThe Turkish domestic long steel markets have continued to suffer from weak demand over the past week, with buyers expecting further decreases in prices, sources said on Thursday July 9. http://www.metalbulletin.com/Article/3940971/TURKEY-LONG-STEEL-Domestic-demand-remains-poor-buyers-expect-lower-prices.htmlThu, 09 Jul 2020 14:08:00 GMTTURKEY LONG STEEL EXPORTS: Rebar prices inch down on cheaper scrap, poor demandTurkish rebar export prices have gone down slightly over the past week in line with the recent downturn in imported scrap costs, sources said on Thursday July 9. http://www.metalbulletin.com/Article/3940969/TURKEY-LONG-STEEL-EXPORTS-Rebar-prices-inch-down-on-cheaper-scrap-poor-demand.htmlThu, 09 Jul 2020 13:55:00 GMTRESEARCH: Key takeaways from the latest Steel Raw Materials Market TrackerThe latest forecasts from Fastmarkets’ team of analysts are ready to view.http://www.metalbulletin.com/Article/3940949/RESEARCH-Key-takeaways-from-the-latest-Steel-Raw-Materials-Market-Tracker.htmlThu, 09 Jul 2020 12:40:00 GMTIRON ORE DAILY: Seaborne prices were rangebound, supply concerns at Chinese portsMovements in prices for seaborne iron ore were rangebound on Thursday July 9, with concerns coming to light over the limited port inventories of some low- and mid-grade iron ore fines brands, according to market participants. http://www.metalbulletin.com/Article/3940955/IRON-ORE-DAILY-Seaborne-prices-were-rangebound-supply-concerns-at-Chinese-ports.htmlThu, 09 Jul 2020 12:10:00 GMTCOKING COAL DAILY: Seaborne prices still static on low liquiditySeaborne prices generally remained flat on Thursday July 9 amid a muted spot market while buyers and sellers are in a stalemate, market participants said.http://www.metalbulletin.com/Article/3940954/COKING-COAL-DAILY-Seaborne-prices-still-static-on-low-liquidity.htmlThu, 09 Jul 2020 11:52:00 GMTVIETNAM STEEL SCRAP: Offers for Japanese supplies rise after Kanto auctionOffers prices for Japanese scrap to the key Vietnam import market have increased after the results of the July Kanto Tetsugen auction were announced on the morning of Thursday July 9. http://www.metalbulletin.com/Article/3940932/VIETNAM-STEEL-SCRAP-Offers-for-Japanese-supplies-rise-after-Kanto-auction.htmlThu, 09 Jul 2020 11:30:00 GMTLIVE FUTURES REPORT 09/07: LME copper price soars 2% to breach $6,350/t; 15,000t fresh cancellation in zincThe three-month copper price on the London Metal Exchange was higher during morning trading on Thursday July 9, with price action pushing firmly above nearby resistance levels, while a sizeable fresh cancellation in LME zinc stocks saw the metal’s underlying price also rally. http://www.metalbulletin.com/Article/3940951/LIVE-FUTURES-REPORT-0907-LME-copper-price-soars-2-to-breach-6350t-15000t-fresh-cancellation-in-zinc.htmlThu, 09 Jul 2020 10:58:00 GMT