Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2019 MB60Top StoriesSetback for Sterlite as Supreme Court holds back Tuticorin smelter restart Vedanta's Sterlite Copper unit has been dealt a setback in its bid to restart its Tuticorin copper smelter, which produces 400,000 tonnes per year of copper cathode. http://www.metalbulletin.com/Article/3858885/Setback-for-Sterlite-as-Supreme-Court-holds-back-Tuticorin-smelter-restart.htmlMon, 18 Feb 2019 10:15:00 GMTCHINA HRC: Domestic prices rise on demand recoveryChina’s domestic hot-rolled coil prices rose on Monday February 18 after trading activity picked up on rebounding demand.http://www.metalbulletin.com/Article/3858879/CHINA-HRC-Domestic-prices-rise-on-demand-recovery.htmlMon, 18 Feb 2019 10:05:00 GMTCHINA REBAR: Domestic prices flat despite rising futures China’s domestic rebar prices were flat on Monday February 18 on weak demand despite the futures market bouncing back. http://www.metalbulletin.com/Article/3858877/CHINA-REBAR-Domestic-prices-flat-despite-rising-futures.htmlMon, 18 Feb 2019 09:52:00 GMTSingapore rebar import price rebounds following higher raw materials pricesThe import price for rebar in Singapore rose 10.3% on Monday February 18 in reaction to higher raw materials prices. http://www.metalbulletin.com/Article/3858872/Singapore-rebar-import-price-rebounds-following-higher-raw-materials-prices.htmlMon, 18 Feb 2019 09:44:00 GMTChina AM: Ferrous futures fall while participants ponder impact of iron ore supply disruptionsChina’s ferrous futures largely declined during morning trading on Monday February 18, in line with physical price movements last week, with market participants mulling over the impact of iron ore supply disruptions due to the suspension of some mining operations in Brazil.http://www.metalbulletin.com/Article/3858876/China-AM-Ferrous-futures-fall-while-participants-ponder-impact-of-iron-ore-supply-disruptions.htmlMon, 18 Feb 2019 07:00:00 GMTGLOBAL ALUMINIUM BILLET WRAP: Premium slide continues in Europe; Asia, US staticMost global aluminium billet premiums fell or were flat on Friday February 15, with demand muted in most markets and participants waiting to see the effect of the removal of sanctions against UC Rusal by the United States. http://www.metalbulletin.com/Article/3858832/GLOBAL-ALUMINIUM-BILLET-WRAP-Premium-slide-continues-in-Europe-Asia-US-static.htmlMon, 18 Feb 2019 06:00:00 GMTTrade log February 2019: Cobalt sulfateTrade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB. http://www.metalbulletin.com/Article/3858277/Trade-log-February-2019-Cobalt-sulfate.htmlMon, 18 Feb 2019 05:15:00 GMTLIVE FUTURES REPORT 18/02: SHFE base metals prices all up on renewed optimismBase metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Monday February 18, with market sentiment boosted by positive trade developments and data releases at the end of last week. http://www.metalbulletin.com/Article/3858874/LIVE-FUTURES-REPORT-1802-SHFE-base-metals-prices-all-up-on-renewed-optimism.htmlMon, 18 Feb 2019 05:03:00 GMTGLOBAL BILLET WRAP: Rising raw material costs, thin supply push billet prices up againSteel billet prices in most of the world’s major markets maintained their upward momentum during the week ended Friday February 15 while iron ore and scrap costs continued to go up. http://www.metalbulletin.com/Article/3858663/GLOBAL-BILLET-WRAP-Rising-raw-material-costs-thin-supply-push-billet-prices-up-again.htmlMon, 18 Feb 2019 00:01:00 GMTEUROPE STAINLESS STEEL: Market braced for March price riseSteel alloy surcharges in the European stainless steel market were widely expected to increase sharply for March because of recent rises in the price of nickel, Fastmarkets heard on Friday February 15. http://www.metalbulletin.com/Article/3858841/EUROPE-STAINLESS-STEEL-Market-braced-for-March-price-rise.htmlFri, 15 Feb 2019 20:14:00 GMTPOLAND REBAR: Domestic prices up on higher raw material costsDomestic prices for rebar in Poland have increased over the past week due to higher ferrous scrap costs, sources told Fastmarkets on Friday February 15. http://www.metalbulletin.com/Article/3858839/POLAND-REBAR-Domestic-prices-up-on-higher-raw-material-costs.htmlFri, 15 Feb 2019 19:58:00 GMTEUROPE ALLOY STEEL SCRAP: import prices down on lower nickel cost, UK prices stableThe price of austenitic alloy steel scrap imported into Europe decreased on Friday February 15 because of lower nickel prices, Fastmarkets has heard. http://www.metalbulletin.com/Article/3858830/EUROPE-ALLOY-STEEL-SCRAP-import-prices-down-on-lower-nickel-cost-UK-prices-stable.htmlFri, 15 Feb 2019 19:42:00 GMTUS PIG IRON: Price rises as buyers resume purchasesPig iron buyers in the United States have resumed purchases at higher prices, Fastmarkets learned on Friday February 15. http://www.metalbulletin.com/Article/3858843/US-PIG-IRON-Price-rises-as-buyers-resume-purchases.htmlFri, 15 Feb 2019 19:26:00 GMTIndian local secondary billet prices up by $7 per tonneIndian domestic secondary billet prices have increased by at least 500 rupees ($7) per tonne over the past week, mainly on rising prices for finished products such as rebar, Fastmarkets heard on Friday February 15. http://www.metalbulletin.com/Article/3858833/Indian-local-secondary-billet-prices-up-by-7-per-tonne.htmlFri, 15 Feb 2019 19:24:00 GMTITALY FERROUS SCRAP: Domestic prices move up on international price risesDomestic prices for ferrous scrap in Italy moved up in February following the positive trend settled in the international scrap markets, sources told Fastmarkets on Friday February 15. http://www.metalbulletin.com/Article/3858794/ITALY-FERROUS-SCRAP-Domestic-prices-move-up-on-international-price-rises.htmlFri, 15 Feb 2019 19:10:00 GMTGERMANY FERROUS SCRAP: Domestic prices rise in FebruaryGerman steelmakers have settled their monthly scrap contracts for February with an average price increase of €15-20 ($17-23) per tonne, reflecting the rise in the international market, sources told Fastmarkets on Friday February 15. http://www.metalbulletin.com/Article/3858698/GERMANY-FERROUS-SCRAP-Domestic-prices-rise-in-February.htmlFri, 15 Feb 2019 19:00:00 GMTWEEKLY SCRAP WRAP: Global prices set to fall as mood soursGlobal scrap prices were likely to fall soon in the wake of a recent surge across many markets, with concern among market participants about whether higher priced deals were sustainable, Fastmarkets heard during the week ended Friday February 15. http://www.metalbulletin.com/Article/3858762/WEEKLY-SCRAP-WRAP-Global-prices-set-to-fall-as-mood-sours.htmlFri, 15 Feb 2019 18:30:00 GMTHOTTER ON METALS: US Section 232 tariffs could fund the border wall, data showsSection 232 tariffs on aluminium and steel raised $3.6 billion in their first nine months, and revenues for the last two months are likely to push that figure up by around another $1 billion, US government data shows.http://www.metalbulletin.com/Article/3858765/HOTTER-ON-METALS-US-Section-232-tariffs-could-fund-the-border-wall-data-shows.htmlFri, 15 Feb 2019 18:10:00 GMTBATTERY RAW MATERIALS MARKET REPORT 15/02: Cobalt continues downward spiral despite Chambishi shutdownAn overview of the battery raw materials markets and their price moves from the past week. http://www.metalbulletin.com/Article/3858834/BATTERY-RAW-MATERIALS-MARKET-REPORT-1502-Cobalt-continues-downward-spiral-despite-Chambishi-shutdown.htmlFri, 15 Feb 2019 18:02:00 GMTLIVE FUTURES REPORT 15/02: Short-covering, positive trade sentiment boosts LME base metals; Zn, Pb up 2%Base metals prices on the London Metal Exchange were higher across the board at the close of trading on Friday February 15, with market sentiment continuing to improve amid US-China trade talks, while participants continue to short-cover after last week’s price rally. http://www.metalbulletin.com/Article/3858831/LIVE-FUTURES-REPORT-1502-Short-covering-positive-trade-sentiment-boosts-LME-base-metals-Zn-Pb-up-2.htmlFri, 15 Feb 2019 18:00:00 GMTNOBLE ALLOYS MARKET REPORT 15/02: Production disruptions push European molybdenum market to year-to-date highsAn overview of the noble alloys markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3858764/NOBLE-ALLOYS-MARKET-REPORT-1502-Production-disruptions-push-European-molybdenum-market-to-year-to.htmlFri, 15 Feb 2019 17:21:00 GMTPRICING NOTICE: Proposal to launch domestic price for E40-grade ferrous scrap in Italy Fastmarkets proposes to launch a monthly Italy domestic grade E40 shredded steel scrap € per tonne delivered to Italian mill price assessment. http://www.metalbulletin.com/Article/3858659/PRICING-NOTICE-Proposal-to-launch-domestic-price-for-E40-grade-ferrous-scrap-in-Italy.htmlFri, 15 Feb 2019 17:01:00 GMTPRICING NOTICE: Correction to published price of European grade-553 siliconDue to an input error, Fastmarkets’ price book entry for European grade-553 silicon briefly showed an incorrect value on Friday February 15. http://www.metalbulletin.com/Article/3858731/PRICING-NOTICE-Correction-to-published-price-of-European-grade-553-silicon.htmlFri, 15 Feb 2019 16:58:00 GMTTURKEY COATED FLAT STEEL: Prices rise despite limited demandCoated-steel prices in Turkey continued to increase in the week ending Friday February 15, despite demand being weak in both the domestic and export markets. http://www.metalbulletin.com/Article/3858660/TURKEY-COATED-FLAT-STEEL-Prices-rise-despite-limited-demand.htmlFri, 15 Feb 2019 16:45:00 GMTTURKEY FLAT STEEL: Prices up, buying activity weakensSteel coil prices in Turkey increased again this week because of the rising cost of raw materials, alongside other global price increases.http://www.metalbulletin.com/Article/3858658/TURKEY-FLAT-STEEL-Prices-up-buying-activity-weakens.htmlFri, 15 Feb 2019 16:16:00 GMTDAILY SCRAP REPORT: Restocked Turkish buyers resist lower Baltic Sea offersTurkish scrap import prices have started to show some negative signals, with slightly lower offers from Baltic Sea suppliers, while demand from Turkish producers was very sluggish, sources said on Friday February 15. http://www.metalbulletin.com/Article/3858664/DAILY-SCRAP-REPORT-Restocked-Turkish-buyers-resist-lower-Baltic-Sea-offers.htmlFri, 15 Feb 2019 16:15:00 GMTGLOBAL CHROME SNAPSHOT: UG2 index into China up; ferro-chrome prices staticKey data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 15.http://www.metalbulletin.com/Article/3858697/GLOBAL-CHROME-SNAPSHOT-UG2-index-into-China-up-ferro-chrome-prices-static.htmlFri, 15 Feb 2019 16:10:00 GMTLIVE FUTURES REPORT 15/02: Comex copper rebounds in final sessionComex copper prices turned positive on Friday morning in the United States with improving trade talk optimism boosting the entire base metals space.http://www.metalbulletin.com/Article/3858661/LIVE-FUTURES-REPORT-1502-Comex-copper-rebounds-in-final-session.htmlFri, 15 Feb 2019 15:30:00 GMTEXCLUSIVE: Controversy over LILO rule after aluminium queue builds up at Istim Port Klang The London Metal Exchange’s linked load-in/load-out (LILO) warehouse rule has not so far been activated at Istim’s warehouses in Port Klang despite a large queue building at the warehouse, sources confirmed to Fastmarkets MB. http://www.metalbulletin.com/Article/3858630/EXCLUSIVE-Controversy-over-LILO-rule-after-aluminium-queue-builds-up-at-Istim-Port-Klang.htmlFri, 15 Feb 2019 14:52:00 GMTCHINA MINOR METALS MARKET REPORT 15/02: Indium price still softening amid Fanya concerns, magnesium climbs on resumed buying interestAn overview of the Chinese minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3858585/CHINA-MINOR-METALS-MARKET-REPORT-1502-Indium-price-still-softening-amid-Fanya-concerns-magnesium.htmlFri, 15 Feb 2019 14:00:00 GMTIRON ORE DAILY: Prices rangebound amid Chinese cautionIron ore markets were little changed on Friday February 15 with Chinese buyers still cautious over high prices. http://www.metalbulletin.com/Article/3858595/IRON-ORE-DAILY-Prices-rangebound-amid-Chinese-caution.htmlFri, 15 Feb 2019 13:26:00 GMTGLOBAL LITHIUM WRAP: China lithium market, logistics resume; price unchanged post-holidayChina’s domestic lithium spot market showed limited buying activity with prices unchanged in the first week after the Lunar New Year holiday, while transportation of lithium compounds has resumed and more market participants are due to return after the Lantern Festival next week.http://www.metalbulletin.com/Article/3858596/GLOBAL-LITHIUM-WRAP-China-lithium-market-logistics-resume-price-unchanged-post-holiday.htmlFri, 15 Feb 2019 12:35:00 GMTFurther diversion of DRC copper concs expected after ERG suspends Chambishi facility More copper concentrates from the Democratic Republic of Congo (DRC) could be diverted after ERG suspended its Chambishi copper smelting facility in Zambia, multiple market sources said. http://www.metalbulletin.com/Article/3858575/Further-diversion-of-DRC-copper-concs-expected-after-ERG-suspends-Chambishi-facility.htmlFri, 15 Feb 2019 11:38:00 GMTLIVE FUTURES REPORT 15/02: LME base metals up on positive US-China trade talks; Pb climbs 1.6%Base metals prices on the London Metal Exchange were predominantly higher during morning trading on Friday February 15, gathering support from a broadly positive tone emerging from recent US-China trade talks.http://www.metalbulletin.com/Article/3858583/LIVE-FUTURES-REPORT-1502-LME-base-metals-up-on-positive-US-China-trade-talks-Pb-climbs-16.htmlFri, 15 Feb 2019 11:20:00 GMTMetinvest merchant slabs output reduced on BF repairsMerchant slab output at Ukraininan steelmaker Metinvest in the December-February period was below the production target due to repairs at the blast furnaces of Azovstal Iron & Steel Works and Illych Iron & Steel works, the company told Fastmarkets.http://www.metalbulletin.com/Article/3858551/Metinvest-merchant-slabs-output-reduced-on-BF-repairs.htmlFri, 15 Feb 2019 11:10:00 GMTCOKING COAL DAILY: Market not affected by iron ore supply woesThe seaborne coking coal market remains insulated from the severe supply disruption affecting the other steelmaking raw material, iron ore, sources said on Friday February 15 amid a softening of prices for the former.http://www.metalbulletin.com/Article/3858574/COKING-COAL-DAILY-Market-not-affected-by-iron-ore-supply-woes.htmlFri, 15 Feb 2019 10:59:00 GMTNEWSBREAK: Fire at Korea Zinc’s Onsan smelter; deliveries said to be unaffectedA fire at Korea Zinc’s Onsan smelter has been contained and deliveries are set to continue as usual, two sources at the company told Fastmarkets.http://www.metalbulletin.com/Article/3858553/NEWSBREAK-Fire-at-Korea-Zincs-Onsan-smelter-deliveries-said-to-be-unaffected.htmlFri, 15 Feb 2019 10:15:00 GMTSHFE vs LME physical arbitrage 15/02: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Friday February 15* http://www.metalbulletin.com/Article/3858549/SHFE-vs-LME-physical-arbitrage-1502-Copper-aluminium-zinc-nickel.htmlFri, 15 Feb 2019 09:40:00 GMTNornickel to seek damages from failed BCL deal in London appeals court Nornickel has won the right to take its dispute with Botswana's state-owned mining enterprise BCL Group to the London Court of International Arbitration (LCIA). http://www.metalbulletin.com/Article/3858505/Nornickel-to-seek-damages-from-failed-BCL-deal-in-London-appeals-court.htmlFri, 15 Feb 2019 09:36:00 GMTCHINA HRC: Domestic, export prices move in opposite directionsChina’s hot-rolled coil prices were mixed on Friday February 15, with domestic prices dropping on weak demand but the export market seeing higher-priced deals.http://www.metalbulletin.com/Article/3858546/CHINA-HRC-Domestic-export-prices-move-in-opposite-directions.htmlFri, 15 Feb 2019 09:25:00 GMTCHINA REBAR: Domestic prices continue dropping China’s domestic rebar prices maintained their downward trend on Friday February 15 amid little market activity. http://www.metalbulletin.com/Article/3858545/CHINA-REBAR-Domestic-prices-continue-dropping.htmlFri, 15 Feb 2019 08:50:00 GMTChina AM: Ferrous futures tumbleChina’s ferrous futures trended downward during morning trading on Friday February 15, with the rebar and hot-rolled coil contracts experiencing the steepest drops.http://www.metalbulletin.com/Article/3858523/China-AM-Ferrous-futures-tumble.htmlFri, 15 Feb 2019 05:50:00 GMTLIVE FUTURES REPORT 15/02: SHFE base metals prices down across the board on poor PPI data; nickel leads the fallsBase metals prices on the Shanghai Futures Exchange were broadly lower during Asian morning trading on Friday February 15 following disappointing data out of China, with nickel leading the falls. http://www.metalbulletin.com/Article/3858522/LIVE-FUTURES-REPORT-1502-SHFE-base-metals-prices-down-across-the-board-on-poor-PPI-data-nickel-leads.htmlFri, 15 Feb 2019 04:30:00 GMTCIS PIG IRON: Market strengthens as buyers start to accept higher pricesThe market for pig iron exports from the Commonwealth of Independent States (CIS) strengthened further during the week ended Thursday February 14 because buyers in the United States, the key outlet, started to accept higher offer prices. http://www.metalbulletin.com/Article/3858491/CIS-PIG-IRON-Market-strengthens-as-buyers-start-to-accept-higher-prices.htmlThu, 14 Feb 2019 20:40:00 GMTEUROPE CRC: Transaction prices stable, expected to riseDomestic prices for cold-rolled coil (CRC) in Europe have been largely stable over the past seven days but are expected to rise soon, sources told Fastmarkets this week. http://www.metalbulletin.com/Article/3858479/EUROPE-CRC-Transaction-prices-stable-expected-to-rise.htmlThu, 14 Feb 2019 18:37:00 GMTEUROPE HDG: Safeguard measures to drive domestic price riseDomestic prices for hot-dipped galvanized (HDG) coil in Europe have been largely stable over the past week, but were expected to increase with support from the definitive measures applied after a regional safeguard investigation, sources told Fastmarkets on Thursday February 14. http://www.metalbulletin.com/Article/3858483/EUROPE-HDG-Safeguard-measures-to-drive-domestic-price-rise.htmlThu, 14 Feb 2019 18:00:00 GMTLIVE FUTURES REPORT 14/02: Dollar strength caps base metals despite thin LME stocks; Ni falls 1.6%Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Thursday February 14, with a collective trend of dwindling LME stocks failing to prompt upward price action while volumes traded remain moderate. http://www.metalbulletin.com/Article/3858487/LIVE-FUTURES-REPORT-1402-Dollar-strength-caps-base-metals-despite-thin-LME-stocks-Ni-falls-16.htmlThu, 14 Feb 2019 17:55:00 GMTEUROPE HRC: Prices 'will rise' despite Northern buyers' resistanceDomestic buyers of hot-rolled coil (HRC) in Northern Europe have been resisting attempts to raise offer prices this week, sources told Fastmarkets on Thursday February 14. http://www.metalbulletin.com/Article/3858476/EUROPE-HRC-Prices-will-rise-despite-Northern-buyers-resistance.htmlThu, 14 Feb 2019 17:40:00 GMTCOMMENT: Has China started to import pig iron again?Detailed data for Chinese trade is still not available, but there are indications that the East Asian country may have become the biggest importer of pig iron in Asia last year, according to Fastmarkets’ research team. http://www.metalbulletin.com/Article/3858317/COMMENT-Has-China-started-to-import-pig-iron-again.htmlThu, 14 Feb 2019 17:15:00 GMTCopper demand-supply balance to remain tight for 2-3 years, Brazil's Paranapanema says Global copper demand will outpace supply growth or at least stay in a tight balance for at least two to three years, according to the chief executive officer of Brazilian copper producer Paranapanema, Marcos Camara. http://www.metalbulletin.com/Article/3858396/Copper-demand-supply-balance-to-remain-tight-for-2-3-years-Brazils-Paranapanema-says.htmlThu, 14 Feb 2019 16:48:00 GMTDAILY SCRAP REPORT: Market remains quiet, prices likely to fallThe Turkish deep-sea scrap import markets remained quiet on Thursday February 14, but market participants expected prices to soften due to limited demand and weak finished steel markets in the country, sources said. http://www.metalbulletin.com/Article/3858393/DAILY-SCRAP-REPORT-Market-remains-quiet-prices-likely-to-fall.htmlThu, 14 Feb 2019 16:45:00 GMTTURKEY LONG STEEL: Domestic prices up on costlier scrap, demand still softTurkish domestic rebar and wire rod prices have gone up in line with increasing scrap costs over the past week, while demand remained sluggish, sources said on Thursday February 14.http://www.metalbulletin.com/Article/3858339/TURKEY-LONG-STEEL-Domestic-prices-up-on-costlier-scrap-demand-still-soft.htmlThu, 14 Feb 2019 16:05:00 GMTTURKEY STEEL BILLET: Prices up on higher imported scrap values, improving demandSteel billet prices in Turkey increased over the past week due to strong demand in both the domestic and export markets, along with rising scrap import costs, sources said on Thursday February 14. http://www.metalbulletin.com/Article/3858340/TURKEY-STEEL-BILLET-Prices-up-on-higher-imported-scrap-values-improving-demand.htmlThu, 14 Feb 2019 16:04:00 GMTIran export billet prices soar after global uptrend, tight availability in CISIranian billet exporters increased prices in line with the global market and hiked prices for foreign customers in the week ended Wednesday February 13.http://www.metalbulletin.com/Article/3858475/Iran-export-billet-prices-soar-after-global-uptrend-tight-availability-in-CIS.htmlThu, 14 Feb 2019 15:25:00 GMTLIVE FUTURES REPORT 14/02: Comex copper under persistent weaknessThe US copper price failed to rebound on Thursday morning in the United States, while market participants hold back from being too optimistic about recent developments in US and Chinese trade talks.http://www.metalbulletin.com/Article/3858364/LIVE-FUTURES-REPORT-1402-Comex-copper-under-persistent-weakness.htmlThu, 14 Feb 2019 15:25:00 GMTUK FERROUS SCRAP: February prices bounce in line with export marketUK ferrous scrap prices for deliveries in February have jumped in general by about £20 ($26) per tonne, depending on grade, due to persistent weakness in export prices to the key destination of Turkey, trade sources told Fastmarkets on Wednesday February 13. http://www.metalbulletin.com/Article/3858337/UK-FERROUS-SCRAP-February-prices-bounce-in-line-with-export-market.htmlThu, 14 Feb 2019 15:22:00 GMTTURKEY LONG STEEL EXPORTS: Turkish mills raise rebar offers despite limited demandTurkish rebar export prices have continued to rise in line with rising scrap costs, but steel mills are still struggling to sell material due to poor demand and trade barriers, sources said on Thursday February 14. http://www.metalbulletin.com/Article/3858329/TURKEY-LONG-STEEL-EXPORTS-Turkish-mills-raise-rebar-offers-despite-limited-demand.htmlThu, 14 Feb 2019 15:01:00 GMTFirst Quantum starts ore processing at Cobre Panama copper mineThe copper industry's next major mine is a step closer to bringing its first tonnes to market.http://www.metalbulletin.com/Article/3858333/First-Quantum-starts-ore-processing-at-Cobre-Panama-copper-mine.htmlThu, 14 Feb 2019 14:05:00 GMTTeck's zinc profitability down in 2018 on falling sales, pricesTeck Resources’ zinc business became less profitable in 2018 because of falling sales and declines in commodity prices, according to its annual earnings statement released on Wednesday February 13. http://www.metalbulletin.com/Article/3858237/Tecks-zinc-profitability-down-in-2018-on-falling-sales-prices.htmlThu, 14 Feb 2019 13:00:00 GMTIRON ORE DAILY: Seaborne prices rise, traders taking positionsSeaborne iron ore prices nudged up on Thursday February 14 with traders heard taking cargoes, although buying from Chinese mills remained limited. http://www.metalbulletin.com/Article/3858311/IRON-ORE-DAILY-Seaborne-prices-rise-traders-taking-positions.htmlThu, 14 Feb 2019 12:53:00 GMTSoutheast Asian billet prices extend rally on higher offers, cancelled bookingsImport prices for steel billet in Southeast Asia climbed further on Thursday February 14, supported by higher offers and an uptick in spot trading after the Lunar New Year lull.http://www.metalbulletin.com/Article/3858290/Southeast-Asian-billet-prices-extend-rally-on-higher-offers-cancelled-bookings.htmlThu, 14 Feb 2019 12:35:00 GMTCHINA COBALT SNAPSHOT: Falling international prices, post-holiday lull hit Chinese cobalt prices Key data from the Wednesday February 13 pricing session in Shanghai. http://www.metalbulletin.com/Article/3858300/CHINA-COBALT-SNAPSHOT-Falling-international-prices-post-holiday-lull-hit-Chinese-cobalt-prices.htmlThu, 14 Feb 2019 12:09:00 GMTChambishi suspension offers short-term relief to cobalt price slump – sources The suspension of cobalt production at Chambishi could provide some respite to falling cobalt prices but it should not be confused with the eventual departure of Chambishi broken cathodes from the market, according to sources spoken to by Fastmarkets. http://www.metalbulletin.com/Article/3858269/Chambishi-suspension-offers-short-term-relief-to-cobalt-price-slumpsources.htmlThu, 14 Feb 2019 11:40:00 GMTLIVE FUTURES REPORT 14/02: LME base metals supported by positive Chinese trade data; Cu leads complex upBase metals prices on the London Metal Exchange were mostly higher during morning trading on Thursday February 14, with positive market sentiment emerging amid stronger than expected Chinese trade data, while US-China trade talks indicate a potential resolution.http://www.metalbulletin.com/Article/3858293/LIVE-FUTURES-REPORT-1402-LME-base-metals-supported-by-positive-Chinese-trade-data-Cu-leads-complex-up.htmlThu, 14 Feb 2019 11:35:00 GMTCOKING COAL DAILY: Seaborne prices steady but uncertainties remainSeaborne coking coal prices were steady on Thursday February 14, with port restrictions in China and concern over supply from Queensland, Australia continuing to cloud market participants’ outlook.http://www.metalbulletin.com/Article/3858289/COKING-COAL-DAILY-Seaborne-prices-steady-but-uncertainties-remain.htmlThu, 14 Feb 2019 11:10:00 GMTSHFE vs LME physical arbitrage 14/02: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Thursday February 14* http://www.metalbulletin.com/Article/3858291/SHFE-vs-LME-physical-arbitrage-1402-Copper-aluminium-zinc-nickel.htmlThu, 14 Feb 2019 10:40:00 GMTCHINA HRC: Mills raise export offers despite weakening domestic marketChina’s hot-rolled coil producers raised their export offers further on Thursday February 14 although domestic prices weakened further.http://www.metalbulletin.com/Article/3858288/CHINA-HRC-Mills-raise-export-offers-despite-weakening-domestic-market.htmlThu, 14 Feb 2019 10:33:00 GMTCHINA REBAR: Domestic prices slide on futures, billet lossesChina’s domestic rebar prices continued to drop on Thursday February 14 amid a weakening of the billet and futures markets.http://www.metalbulletin.com/Article/3858283/CHINA-REBAR-Domestic-prices-slide-on-futures-billet-losses.htmlThu, 14 Feb 2019 09:52:00 GMTERG suspends copper, cobalt production at Chambishi Production of copper and cobalt has been suspended at the Chambishi refinery in Zambia due to constrained supply of imported feedstock. http://www.metalbulletin.com/Article/3858286/ERG-suspends-copper-cobalt-production-at-Chambishi.htmlThu, 14 Feb 2019 09:50:00 GMTIron ore trading landscape changing with high-grade derivatives launch, SGX saysThe Singapore Exchange (SGX) says its new high-grade iron ore futures, which are settled against the Fastmarkets MB 65% Fe Iron Ore Index, have seen over 3 million tonnes worth of transactions since its December 3 launch involving 30 market participants.http://www.metalbulletin.com/Article/3858282/Iron-ore-trading-landscape-changing-with-high-grade-derivatives-launch-SGX-says.htmlThu, 14 Feb 2019 09:26:00 GMTChina AM: Ferrous futures recover some lossesChina’s ferrous futures ended the morning trading session on Thursday February 14 on a slight uptick, with the rebar and coke contracts being the biggest gainers. http://www.metalbulletin.com/Article/3858278/China-AM-Ferrous-futures-recover-some-losses.htmlThu, 14 Feb 2019 06:40:00 GMTEast Asian stainless steel prices rise again on higher offersImport prices for stainless steel in East Asia continued to rise during the past week with mills increasing their offers again amid costlier nickel, although spot trading activity remained sluggish amid the Lunar New Year lull.http://www.metalbulletin.com/Article/3858275/East-Asian-stainless-steel-prices-rise-again-on-higher-offers.htmlThu, 14 Feb 2019 05:45:00 GMTLIVE FUTURES REPORT 14/02: SHFE base metals prices up across the board; eyes on US-China trade talksBase metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Thursday February 14, but gains were somewhat limited amid a firmer dollar and caution ahead of high level trade talks between China and the United States.http://www.metalbulletin.com/Article/3858276/LIVE-FUTURES-REPORT-1402-SHFE-base-metals-prices-up-across-the-board-eyes-on-US-China-trade-talks.htmlThu, 14 Feb 2019 05:03:00 GMTHOTTER ON METALS: Japan, Saudi Arabia the winners in US Section 232 exclusionsThe process to exclude steel and aluminium from the Section 232 import tariffs applied by the United States is having some interesting consequences. http://www.metalbulletin.com/Article/3858257/HOTTER-ON-METALS-Japan-Saudi-Arabia-the-winners-in-US-Section-232-exclusions.htmlWed, 13 Feb 2019 20:52:00 GMTEUROPE SECTIONS: Uncertainty over EU tariffs, quotas leads to price freeze Prices for domestic hollow steel sections in Europe were unchanged on Wednesday February 13, with the market seemingly paralyzed by uncertainty over EU import tariffs and quotas, sources told Fastmarkets. http://www.metalbulletin.com/Article/3858221/EUROPE-SECTIONS-Uncertainty-over-EU-tariffs-quotas-leads-to-price-freeze.htmlWed, 13 Feb 2019 18:20:00 GMTLIVE FUTURES REPORT 13/02: Dollar strength pressures LME base metals; Cu, Sn finish higherBase metals prices on the London Metal Exchange were mostly lower at the close of trading on Wednesday February 13, with a late-afternoon appreciation in the US dollar index contributing to dampened buying sentiment while LME volumes remain low. http://www.metalbulletin.com/Article/3858232/LIVE-FUTURES-REPORT-1302-Dollar-strength-pressures-LME-base-metals-Cu-Sn-finish-higher.htmlWed, 13 Feb 2019 18:05:00 GMTGLOBAL TIN WRAP: Premiums flat on weak US demand, quiet trade in Europe, China during Lunar New Year Well-stocked US tin customers ordered little material in the week ended Tuesday February 12, while in Europe available tin did not necessarily meet customers’ specifications and most Chinese market participants were still away for the Lunar New Year public holiday, all factors keeping global premiums flat. http://www.metalbulletin.com/Article/3858189/GLOBAL-TIN-WRAP-Premiums-flat-on-weak-US-demand-quiet-trade-in-Europe-China-during-Lunar-New-Year.htmlWed, 13 Feb 2019 17:55:00 GMTEUROPE WIRE ROD: Prices stagnate as consumers complain about low quotasEuropean prices for mesh-quality wire rod stayed flat across the continent on Wednesday February 15, with some buyers facing high costs for imports from Turkey in recent days because the European Commission’s safeguard import quota has already been fully taken up. http://www.metalbulletin.com/Article/3858228/EUROPE-WIRE-ROD-Prices-stagnate-as-consumers-complain-about-low-quotas.htmlWed, 13 Feb 2019 17:45:00 GMTVale signs agreement to resume ops at Tubarão's pellet plants, coal portVale has signed an agreement with the municipal government of Vitória, capital of Brazil’s south-eastern state of Espírito Santo, to resume operations of pellet plants and port logistics at Tubarão, the miner said on Wednesday February 13.http://www.metalbulletin.com/Article/3858226/Vale-signs-agreement-to-resume-ops-at-Tubaros-pellet-plants-coal-port.htmlWed, 13 Feb 2019 17:45:00 GMTMINOR METALS MARKET REPORT 13/02: Cadmium min.99.99% price rises, parity ends; selenium inches downAn overview of the minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3858227/MINOR-METALS-MARKET-REPORT-1302-Cadmium-min9999-price-rises-parity-ends-selenium-inches-down.htmlWed, 13 Feb 2019 17:27:00 GMTGLOBAL ZINC & LEAD WRAP: Shanghai zinc premiums down as arb loss deepens; Fastmarkets discontinues European lead premiums Zinc premiums remained unchanged across all markets this week, apart from Shanghai and Italy, despite more relaxed three-month spreads and weaker zinc prices, while lead premiums stayed flat everywhere on low spot trading interest. http://www.metalbulletin.com/Article/3858075/GLOBAL-ZINC-and-LEAD-WRAP-Shanghai-zinc-premiums-down-as-arb-loss-deepens-Fastmarkets-discontinues.htmlWed, 13 Feb 2019 16:58:00 GMTSOUTHERN EUROPE REBAR: Prices flat, end users resist price hikesThe price for rebar produced and delivered in Southern Europe remained flat on Wednesday February 13, with producers facing higher raw materials costs and unable to pass on the increases to disinterested customers. http://www.metalbulletin.com/Article/3858192/SOUTHERN-EUROPE-REBAR-Prices-flat-end-users-resist-price-hikes.htmlWed, 13 Feb 2019 16:52:00 GMTDAILY SCRAP REPORT: Mills focus on finished, semi-finished salesThe Turkish steel producers have continued to hold back from the deep-sea scrap markets, after booking enough material for stocks, and have started to watch the finished steel markets, sources said on Wednesday February 13. http://www.metalbulletin.com/Article/3858155/DAILY-SCRAP-REPORT-Mills-focus-on-finished-semi-finished-sales.htmlWed, 13 Feb 2019 16:38:00 GMTNOBLE ALLOYS MARKET REPORT 13/02: European molybdenum prices move up on tightening availability; ferro-tungsten range widens An overview of the noble alloys markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3858222/NOBLE-ALLOYS-MARKET-REPORT-1302-European-molybdenum-prices-move-up-on-tightening-availability-ferro.htmlWed, 13 Feb 2019 16:21:00 GMTEUROPE BEAMS: Prices down despite mills' push for increasesDomestic prices for steel beams in Europe went down on Wednesday February 6 on lower offer prices, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3858158/EUROPE-BEAMS-Prices-down-despite-mills-push-for-increases.htmlWed, 13 Feb 2019 16:14:00 GMTLME extends pre-trade transparency consultation deadlineThe London Metal Exchange has extended the consultation period regarding its proposals on pre-trade transparency to March 1, it said in a note to members on Wednesday February 13. http://www.metalbulletin.com/Article/3858095/LME-extends-pre-trade-transparency-consultation-deadline.htmlWed, 13 Feb 2019 16:04:00 GMTNORTHERN EUROPE REBAR: Prices edge up as low demand clashes with higher scrap costsThe price for rebar produced and delivered in Northern Europe rose slightly on Wednesday February 13 although producers struggled to find acceptance for this in the face of disappointing end-user demand. http://www.metalbulletin.com/Article/3858153/NORTHERN-EUROPE-REBAR-Prices-edge-up-as-low-demand-clashes-with-higher-scrap-costs.htmlWed, 13 Feb 2019 15:50:00 GMTGLOBAL NICKEL WRAP: US briquette premium up on steady demand; European uncut cathode upcharge softens; China quietThe briquette premium in the United States narrowed upward in the week ended Tuesday February 12 while the cut cathode equivalent was stable due to steady demand from the steel sector.http://www.metalbulletin.com/Article/3858043/GLOBAL-NICKEL-WRAP-US-briquette-premium-up-on-steady-demand-European-uncut-cathode-upcharge-softens.htmlWed, 13 Feb 2019 15:26:00 GMTJanuary MJP aluminium stocks little changed from December - MarubeniPrimary aluminium stocks at the three main Japanese ports (MJP) fell 0.73% (by 2,300 tonnes) month on month in January 2019, but increased by 13.50% compared with January 2018, according to data from major Japanese trading house Marubeni on Wednesday February 13. http://www.metalbulletin.com/Article/3858070/January-MJP-aluminium-stocks-little-changed-from-December-Marubeni.htmlWed, 13 Feb 2019 12:33:00 GMTChinese ferro-vanadium exports surge in 2018 but V2O5 shipments fallChinese exports of ferro-vanadium (basis 75% vanadium) totaled 6,142 tonnes in 2018, an increase of 31.1% from the prior year, according to official but unconfirmed data seen by Fastmarkets MB.http://www.metalbulletin.com/Article/3856425/Chinese-ferro-vanadium-exports-surge-in-2018-but-V2O5-shipments-fall.htmlWed, 13 Feb 2019 12:11:00 GMTIRON ORE DAILY: Prices slip further, BRBF bucks trendIron ore prices largely continued to soften on Wednesday February 13 with no further supply disruptions from Brazil confirmed, but two cargoes of Brazilian Blend fines (BRBF) traded at stronger levels.http://www.metalbulletin.com/Article/3858071/IRON-ORE-DAILY-Prices-slip-further-BRBF-bucks-trend.htmlWed, 13 Feb 2019 12:00:00 GMTLIVE FUTURES REPORT 13/02: LME base metals prices mainly continue downtrend in low-volume trading; tin rises again Base metals prices on the London Metal Exchange were predominantly lower during morning trading on Wednesday February 13, with broad strength in the dollar index capping gains, while developments in the US-China trade rift are doing little to lift prices. http://www.metalbulletin.com/Article/3858066/LIVE-FUTURES-REPORT-1302-LME-base-metals-prices-mainly-continue-downtrend-in-low-volume-trading-tin.htmlWed, 13 Feb 2019 11:15:00 GMTTrafigura to face off with Nyrstar bondholders as debt deadline looms [CORRECTED]Trafigura is set for crunch talks with holders of Nyrstar bonds and the company’s bankers, as the world’s largest global zinc producer faces €340 million ($385 million) of looming debt repayments and a crumbling share price.http://www.metalbulletin.com/Article/3858002/Trafigura-to-face-off-with-Nyrstar-bondholders-as-debt-deadline-looms-[CORRECTED].htmlWed, 13 Feb 2019 10:38:00 GMTCOKING COAL DAILY: Seaborne prices rise amid improved sentimentSeaborne coking coal spot prices got a boost on Wednesday February 13 on the back of improved sentiment in the market. http://www.metalbulletin.com/Article/3858055/COKING-COAL-DAILY-Seaborne-prices-rise-amid-improved-sentiment.htmlWed, 13 Feb 2019 10:30:00 GMTChina HRC: Exporters leave offers unchanged despite weaker domestic pricesChina’s hot-rolled coil exporters left their offer prices unchanged on Wednesday February 13, although the domestic market continued to drop on low demand.http://www.metalbulletin.com/Article/3858048/China-HRC-Exporters-leave-offers-unchanged-despite-weaker-domestic-prices.htmlWed, 13 Feb 2019 09:40:00 GMTCHINA REBAR: Prices down amid bearish sentimentChina’s rebar prices dropped on Wednesday February 13 in both the domestic and export markets on pessimistic sentiment amid futures and billet losses. http://www.metalbulletin.com/Article/3858046/CHINA-REBAR-Prices-down-amid-bearish-sentiment.htmlWed, 13 Feb 2019 08:45:00 GMTGLOBAL COPPER WRAP: Shanghai premiums broadly stable but bearishness growing; other global markets flatPremiums for copper cathode were broadly stable in Shanghai in the week ended Tuesday February 12 amid low liquidity, but major traders maintained a bearish outlook toward rates for the rest of February due to persisting import losses and rising stocks in China.http://www.metalbulletin.com/Article/3858042/GLOBAL-COPPER-WRAP-Shanghai-premiums-broadly-stable-but-bearishness-growing-other-global-markets-flat.htmlWed, 13 Feb 2019 08:32:00 GMTChina AM: Downtrend in steel futures persists for a second dayChina's steel futures fell during morning trading on Wednesday February 13, while those of steelmaking raw materials moved sideways.http://www.metalbulletin.com/Article/3858040/China-AM-Downtrend-in-steel-futures-persists-for-a-second-day.htmlWed, 13 Feb 2019 05:30:00 GMTLIVE FUTURES REPORT 13/02: SHFE base metals prices little changed to lower despite positive trade developments, softer dollarBase metals prices on the Shanghai Futures Exchange were mostly down during Asian morning trading on Wednesday February 13, with investors remaining cautious despite some positive trade developments and a softer dollar.http://www.metalbulletin.com/Article/3858038/LIVE-FUTURES-REPORT-1302-SHFE-base-metals-prices-little-changed-to-lower-despite-positive-trade.htmlWed, 13 Feb 2019 05:23:00 GMTChina export plate offers move higher on rising ferrous pricesChinese mills have raised their export plate offers following higher global steel prices amid rising raw material costs in the wake of the accident at one of Vale's iron ore mines in Brazil.http://www.metalbulletin.com/Article/3858039/China-export-plate-offers-move-higher-on-rising-ferrous-prices.htmlWed, 13 Feb 2019 04:50:00 GMTChina’s wire rod export offers climb on domestic gainsSteel mills in China raised their export offers for wire rod early this week following gains in the domestic market.http://www.metalbulletin.com/Article/3858037/Chinas-wire-rod-export-offers-climb-on-domestic-gains.htmlWed, 13 Feb 2019 03:12:00 GMTGLOBAL ALUMINIUM WRAP: LME contango spreads remain wide, demand low in most regionsAluminium premiums in Rotterdam continued to have support over the past week from wide contango spreads on the London Metal Exchange, while premiums in Asia, the United States and South America were generally stable amid a lack of buying interest in the spot markets.http://www.metalbulletin.com/Article/3858014/GLOBAL-ALUMINIUM-WRAP-LME-contango-spreads-remain-wide-demand-low-in-most-regions.htmlWed, 13 Feb 2019 00:55:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 12/02A summary of base metals premiums from across the globe for the week to Tuesday February 12. http://www.metalbulletin.com/Article/3858010/WEEKLY-BASE-METAL-PREMIUMS-REPORT-1202.htmlTue, 12 Feb 2019 21:50:00 GMTCIS STEEL SLAB: Prices surge on reduced availability, stronger flat steel sectorCIS export prices for steel slab soared in the first half of February, supported by a reduced allocation of the material in the region as well as rising prices for finished flat steel products. http://www.metalbulletin.com/Article/3857999/CIS-STEEL-SLAB-Prices-surge-on-reduced-availability-stronger-flat-steel-sector.htmlTue, 12 Feb 2019 20:40:00 GMTLIVE FUTURES REPORT 12/02: LME copper price softens in flat trading; nickel stays on downtrendCopper’s three-month price on the London Metal Exchange continued to trend lower at the close of trading on Tuesday February 12, with nickel futures also moving downward amid an increasingly negative appetite for risk across the commodity markets. http://www.metalbulletin.com/Article/3858011/LIVE-FUTURES-REPORT-1202-LME-copper-price-softens-in-flat-trading-nickel-stays-on-downtrend.htmlTue, 12 Feb 2019 18:50:00 GMTEtimet enters ultra-low carbon ferro-chrome marketTurkish miner Eti Elektrometalurji (Etimet) has moved into the market for ultra-low ferro-chrome and refuted that this would cap the company's output of 0.10% carbon material.http://www.metalbulletin.com/Article/3858003/Etimet-enters-ultra-low-carbon-ferro-chrome-market.htmlTue, 12 Feb 2019 17:15:00 GMTDAILY SCRAP REPORT: Mills turn silent as market hits 'deadlock'The Turkish steel mills returned to silence in the deep-sea scrap markets on Tuesday February 12 after a strong buying spree over the past two weeks. http://www.metalbulletin.com/Article/3857996/DAILY-SCRAP-REPORT-Mills-turn-silent-as-market-hits-deadlock.htmlTue, 12 Feb 2019 16:30:00 GMTRUSSIA FLAT STEEL: Market moves up on reduced availability, demand rebound Hot-rolled (HR) and cold-rolled (CR) steel sheet prices in Russia’s Central Federal District around Moscow rose on reduced availability and a seasonal demand rebound in the secondary market, sources told Fastmarkets on Monday February 11. http://www.metalbulletin.com/Article/3857994/RUSSIA-FLAT-STEEL-Market-moves-up-on-reduced-availability-demand-rebound.htmlTue, 12 Feb 2019 15:53:00 GMTLIVE FUTURES REPORT 12/02: Comex copper softensComex copper prices slipped on Tuesday morning in the United States amid a bout of technical selling despite a weakened dollar and solid jobs data. http://www.metalbulletin.com/Article/3857998/LIVE-FUTURES-REPORT-1202-Comex-copper-softens.htmlTue, 12 Feb 2019 15:50:00 GMTGULF STEEL BILLET, REBAR: All prices going up but demand only moderateThe prices for steel billet and rebar in the United Arab Emirates increased this week on higher offers from producers, but demand was only moderate, sources told Fastmarkets on Tuesday February 12. http://www.metalbulletin.com/Article/3857995/GULF-STEEL-BILLET-REBAR-All-prices-going-up-but-demand-only-moderate.htmlTue, 12 Feb 2019 15:44:00 GMTCodelco, Southern Copper resume ops after heavy rains halt minesHeavy highland rains in the Andean region prompted mining companies to temporarily halt some copper operations in northern Chile and southern Peru from Friday February 8, before resuming full capacity by Tuesday February 12.http://www.metalbulletin.com/Article/3857989/Codelco-Southern-Copper-resume-ops-after-heavy-rains-halt-mines.htmlTue, 12 Feb 2019 15:13:00 GMTCIS LONG STEEL EXPORTS: Mills push up offers, customers remain cautiousCIS rebar and wire rod producers pushed up offer prices this week following rises in raw materials and semi-finished steel costs last week, but customer caution limited buying activity.http://www.metalbulletin.com/Article/3857981/CIS-LONG-STEEL-EXPORTS-Mills-push-up-offers-customers-remain-cautious.htmlTue, 12 Feb 2019 14:05:00 GMTCOMMENT: Iron ore market debates if 17% price rise since Jan 25 is an overreactionThe seaborne iron ore market agreed on the logic behind the rise in prices on the first day of trading after China’s return from the Lunar New Year on Monday February 11 but by day two it failed to reach an agreement on the rally’s sustainability.http://www.metalbulletin.com/Article/3857973/COMMENT-Iron-ore-market-debates-if-17-price-rise-since-Jan-25-is-an-overreaction.htmlTue, 12 Feb 2019 12:50:00 GMTIRON ORE DAILY: Quiet market reverses previous day’s bullishness in seaborne prices Seaborne iron ore prices fell across the board on Tuesday February 12 amid thin trading activity in the physical cargoes market, while low-grade iron ore was rangebound. http://www.metalbulletin.com/Article/3857974/IRON-ORE-DAILY-Quiet-market-reverses-previous-days-bullishness-in-seaborne-prices.htmlTue, 12 Feb 2019 11:39:00 GMTHebei Steel cuts Feb silico-manganese purchase price by 4.2%China’s largest steel mill, Hebei Steel, has cut its monthly purchase price for silico-manganese, making this the second consecutive time tender prices have been reduced.http://www.metalbulletin.com/Article/3857963/Hebei-Steel-cuts-Feb-silico-manganese-purchase-price-by-42.htmlTue, 12 Feb 2019 11:05:00 GMTCIS STEEL BILLET: Prices keep climbing on tight availability, costlier raw materialsExport billet prices from the CIS region continued to climb early this week due to the reduced availability of material amid massive sales in the previous week as well as due to higher raw materials prices in the global market.http://www.metalbulletin.com/Article/3857961/CIS-STEEL-BILLET-Prices-keep-climbing-on-tight-availability-costlier-raw-materials.htmlTue, 12 Feb 2019 10:45:00 GMTCOKING COAL DAILY: Seaborne spot prices move in different directionsSeaborne coking coal spot prices moved in different directions on Tuesday February 12 on the back of higher bids and lower offers.http://www.metalbulletin.com/Article/3857951/COKING-COAL-DAILY-Seaborne-spot-prices-move-in-different-directions.htmlTue, 12 Feb 2019 10:31:00 GMTLIVE FUTURES REPORT 12/02: Copper, nickel prices drift in lackluster LME trading; dollar strength weighs on sentiment Both copper and nickel prices on the London Metal Exchange were subdued during morning trading on Tuesday February 12, with broad strength in the dollar index capping gains while positive trade sentiment failed to spur buying momentum. http://www.metalbulletin.com/Article/3857949/LIVE-FUTURES-REPORT-1202-Copper-nickel-prices-drift-in-lackluster-LME-trading-dollar-strength-weighs.htmlTue, 12 Feb 2019 10:31:00 GMTChina HRC: Prices drop on low demandChina’s hot-rolled coil prices dropped on Tuesday February 12, dragged down by low demand.http://www.metalbulletin.com/Article/3857944/China-HRC-Prices-drop-on-low-demand.htmlTue, 12 Feb 2019 09:59:00 GMTChina’s CRC, HDG export prices climb on higher offers, domestic gainsExport prices for Chinese cold-rolled coil and hot-dipped galvanized coil surged during the past week amid increasing offers and higher domestic prices in the country, although trading activity had yet to pick up after the holiday lull.http://www.metalbulletin.com/Article/3857937/Chinas-CRC-HDG-export-prices-climb-on-higher-offers-domestic-gains.htmlTue, 12 Feb 2019 08:48:00 GMTCHINA REBAR: Domestic prices mixed, export prices up China’s domestic rebar prices were mixed on Tuesday February 12, with those in eastern China flat but those in the north of the country up, while export prices increased sharply on the same day.http://www.metalbulletin.com/Article/3857936/CHINA-REBAR-Domestic-prices-mixed-export-prices-up.htmlTue, 12 Feb 2019 08:45:00 GMTBrazilian mining sector outlook murky after Vale dam accidentThe outlook for the Brazilian mining industry has become very murky following a major accident in one of Vale’s mines and the consequent increased scrutiny on operations by authorities, according to analysts.http://www.metalbulletin.com/Article/3857935/Brazilian-mining-sector-outlook-murky-after-Vale-dam-accident.htmlTue, 12 Feb 2019 08:20:00 GMTTop Japanese mill to raise HRC offers on bullish Q2 sentimentA leading Japanese steelmaker will raise its hot-rolled coil offers for March-shipment material by up to $15 per tonne due to its bullish expectations for the Asian HRC market in the second quarter of the year, a source with knowledge of the matter told Fastmarkets MB.http://www.metalbulletin.com/Article/3857840/Top-Japanese-mill-to-raise-HRC-offers-on-bullish-Q2-sentiment.htmlTue, 12 Feb 2019 07:37:00 GMTChina AM: Ferrous futures fall across the boardChina's ferrous futures fell across the board on Tuesday February 12, with uncertainties still lingering in various market sectors on the second day of work following the Chinese Lunar New Year holidays.http://www.metalbulletin.com/Article/3857933/China-AM-Ferrous-futures-fall-across-the-board.htmlTue, 12 Feb 2019 05:05:00 GMTLIVE FUTURES REPORT 12/02: SHFE base metals prices mixed on dollar strength, trade uncertaintyBase metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Tuesday February 12, with a firm dollar and uncertainty surrounding trade talks between China and the United States hampering the complex.http://www.metalbulletin.com/Article/3857932/LIVE-FUTURES-REPORT-1202-SHFE-base-metals-prices-mixed-on-dollar-strength-trade-uncertainty.htmlTue, 12 Feb 2019 05:00:00 GMTGLOBAL CHROME WRAP: Ferro-chrome prices into Europe, US move up amid Lunar New Year holidayHigh-carbon and low-carbon ferro-chrome prices into Europe and the United States edged up over the past week, while Lunar New Year holidays across Asia kept markets in the region quiet. http://www.metalbulletin.com/Article/3857897/GLOBAL-CHROME-WRAP-Ferro-chrome-prices-into-Europe-US-move-up-amid-Lunar-New-Year-holiday.htmlTue, 12 Feb 2019 02:45:00 GMTGLOBAL MANGANESE WRAP: Low-grade ore prices up on higher producer offersManganese ore prices increased over the past week when producers raised their offer prices while market participants in China were celebrating the Lunar New Year holiday. http://www.metalbulletin.com/Article/3857906/GLOBAL-MANGANESE-WRAP-Low-grade-ore-prices-up-on-higher-producer-offers.htmlMon, 11 Feb 2019 20:40:00 GMTLIVE FUTURES REPORT 11/02: LME zinc price falls 2.2% on dollar surge; Cu loses momentum despite 14,000t fresh cancelation Zinc’s three-month price on the London Metal Exchange fell at the close of trading on Monday February 11, hampered by broad strength in the dollar index while low LME inventories failed to limit downward price action. http://www.metalbulletin.com/Article/3857904/LIVE-FUTURES-REPORT-1102-LME-zinc-price-falls-22-on-dollar-surge-Cu-loses-momentum-despite-14000t.htmlMon, 11 Feb 2019 18:00:00 GMTCIS FLAT STEEL: Possibility of further price growth stimulates demand Buyers in the export market for flat steel from the Commonwealth of Independent States (CIS) have accepted high offers from suppliers on further price growth expectations, sources told Fastmarkets on Monday February 11.http://www.metalbulletin.com/Article/3857892/CIS-FLAT-STEEL-Possibility-of-further-price-growth-stimulates-demand.htmlMon, 11 Feb 2019 17:55:00 GMTDAILY SCRAP REPORT: Prices stable in latest deals but indices slipThe Turkish deep-sea scrap import markets remained steady in the latest deals heard at the beginning of this week, sources said on Monday February 11. http://www.metalbulletin.com/Article/3857884/DAILY-SCRAP-REPORT-Prices-stable-in-latest-deals-but-indices-slip.htmlMon, 11 Feb 2019 17:26:00 GMTGLOBAL FERRO-SILICON WRAP: European price stabilizes after falls; US sees slim trading The European spot market price of ferro-silicon stabilized in the week ended Friday February 8 after recent falls, with the range holding at lows last seen in February 2017; while in the United States, prices narrowed during a slow trading week. http://www.metalbulletin.com/Article/3857880/GLOBAL-FERRO-SILICON-WRAP-European-price-stabilizes-after-falls-US-sees-slim-trading.htmlMon, 11 Feb 2019 17:10:00 GMTSteelmaker Erdemir Group’s earnings jump in 2018 on strong HRC prices Turkey’s biggest steel producer, Erdemir Group, reported earnings before interest, taxes, depreciation and amortization (Ebitda) for 2018 of TRY8.302 billion ($1.579 billion*), up 52.24% from TRY5.453 billion for 2017. http://www.metalbulletin.com/Article/3857889/Steelmaker-Erdemir-Groups-earnings-jump-in-2018-on-strong-HRC-prices.htmlMon, 11 Feb 2019 16:33:00 GMTStrong manganese ore prices allow Tshipi to declare H2 dividend of 1.1 billion randTshipi will issue more than $80 million in dividends in the second half of its financial year thanks to high manganese ore prices that have enabled the South African manganese miner to generate significantly higher cashflow than expected.http://www.metalbulletin.com/Article/3857879/Strong-manganese-ore-prices-allow-Tshipi-to-declare-H2-dividend-of-11-billion-rand.htmlMon, 11 Feb 2019 15:50:00 GMTEuropean antimony market slow while Chinese holiday thins tradeThe European antimony market was quiet in the week ended Friday February 8, with Chinese market participants still away for the Lunar New Year holiday. http://www.metalbulletin.com/Article/3857881/European-antimony-market-slow-while-Chinese-holiday-thins-trade.htmlMon, 11 Feb 2019 14:42:00 GMTLIVE FUTURES REPORT 11/02: Comex copper price slips on strong dollarThe price of copper in the United States began the week trading in negative territory, with a strong dollar and a lack of news about the US-China trade talks weighing on the base metals complex. http://www.metalbulletin.com/Article/3857878/LIVE-FUTURES-REPORT-1102-Comex-copper-price-slips-on-strong-dollar.htmlMon, 11 Feb 2019 14:00:00 GMTTURKEY FERROUS SCRAP: Prices up as costs rise for imported scrap, local rebarTurkish domestic scrap prices have continued to increase in line with the rise in the costs of imported deep-sea scrap and domestic finished steel, sources said on Monday February 11. http://www.metalbulletin.com/Article/3857876/TURKEY-FERROUS-SCRAP-Prices-up-as-costs-rise-for-imported-scrap-local-rebar.htmlMon, 11 Feb 2019 13:35:00 GMTIRON ORE DAILY: Prices surpass $90 per tonne for first time since March 2017 Seaborne iron ore prices surged across the board on Monday February 11 when trading resumed in China after a week-long public holiday. http://www.metalbulletin.com/Article/3857862/IRON-ORE-DAILY-Prices-surpass-90-per-tonne-for-first-time-since-March-2017.htmlMon, 11 Feb 2019 11:27:00 GMTCOKING COAL DAILY: Seaborne market in a wait-and-see mode for more clarity on Chinese ports restrictionsPrices in the seaborne coking coal spot market failed to get a boost from the return of Chinese participants following the Lunar New Year break on Monday February 11.http://www.metalbulletin.com/Article/3857854/COKING-COAL-DAILY-Seaborne-market-in-a-wait-and-see-mode-for-more-clarity-on-Chinese-ports.htmlMon, 11 Feb 2019 10:55:00 GMTLIVE FUTURES REPORT 11/02: Selling pressure continues for LME base metals; zinc price sinks 2% Base metals prices on the London Metal Exchange were predominantly lower during morning trading on Monday February 11, with nickel the only metal to trade in positive territory, while continued strength in the dollar index fuels selling momentum. http://www.metalbulletin.com/Article/3857856/LIVE-FUTURES-REPORT-1102-Selling-pressure-continues-for-LME-base-metals-zinc-price-sinks-2.htmlMon, 11 Feb 2019 10:44:00 GMTSHFE vs LME physical arbitrage 11/02: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Monday February 11*http://www.metalbulletin.com/Article/3857851/SHFE-vs-LME-physical-arbitrage-1102-Copper-aluminium-zinc-nickel.htmlMon, 11 Feb 2019 09:45:00 GMTSingapore rebar import prices ‘poised for significant increase’ after Lunar New Year holidayImport prices for rebar in Singapore are likely to increase significantly in the near term following surges in steelmaking raw material prices, market sources told Fastmarkets MB. http://www.metalbulletin.com/Article/3857836/Singapore-rebar-import-prices-poised-for-significant-increase-after-Lunar-New-Year-holiday.htmlMon, 11 Feb 2019 09:30:00 GMTCHINA REBAR: Prices surge amid billet, futures gainsChina’s rebar prices increased on Monday February 11 in both the domestic and export markets amid higher billet and futures prices. http://www.metalbulletin.com/Article/3857845/CHINA-REBAR-Prices-surge-amid-billet-futures-gains.htmlMon, 11 Feb 2019 09:15:00 GMTChinese ferro-silicon tender prices for February tumble Major steel mills in China have concluded their ferro-silicon tenders for February, which have fallen again month on month on weak demand and oversupply, sources in China said. http://www.metalbulletin.com/Article/3857847/Chinese-ferro-silicon-tender-prices-for-February-tumble.htmlMon, 11 Feb 2019 09:11:00 GMTMETALS MORNING VIEW 11/02: Metals prices pull back as Chinese participants return after Lunar New Year holidayChina’s return to the market after a week-long break for Lunar New Year has not brought with it a rush to restock and that has led to some disappointed selling across the base metals traded on the London Metal Exchange, with the complex down by an average of 0.9% this morning, Monday February 11.http://www.metalbulletin.com/Article/3857844/METALS-MORNING-VIEW-1102-Metals-prices-pull-back-as-Chinese-participants-return-after-Lunar-New-Year.htmlMon, 11 Feb 2019 09:00:00 GMTSeaborne iron ore pellet, conc prices rise as supply concerns grip marketSeaborne iron ore pellet and concentrate prices were up last week, with further gains anticipated following supply concerns amid disruption to Vale’s iron ore operations in Brazil.http://www.metalbulletin.com/Article/3857839/Seaborne-iron-ore-pellet-conc-prices-rise-as-supply-concerns-grip-market.htmlMon, 11 Feb 2019 07:10:00 GMTChina AM: Iron ore futures surge on China's return from holidayIron ore futures in China surged on Monday February 11, with the most-traded contract opening 8% above the last settlement price with the return of Chinese market participants from a week-long break.http://www.metalbulletin.com/Article/3857841/China-AM-Iron-ore-futures-surge-on-Chinas-return-from-holiday.htmlMon, 11 Feb 2019 06:45:00 GMTLIVE FUTURES REPORT 11/02: SHFE nickel prices climb to four-month high on iron ore futures rally; other base metals mixedNickel prices on the Shanghai Futures Exchange surged to a four-month high on Monday February 11 following a rally in iron ore futures on the first trading day after China’s break for the Lunar New Year. http://www.metalbulletin.com/Article/3857838/LIVE-FUTURES-REPORT-1102-SHFE-nickel-prices-climb-to-four-month-high-on-iron-ore-futures-rally-other.htmlMon, 11 Feb 2019 05:07:00 GMTCobalt prices fall again as sellers continue to offload Cobalt buyers held back as much as they could last week as prices continued to fall, with good availability of cut cathode creating the expectation that cheaper prices will still be available in the coming weeks. http://www.metalbulletin.com/Article/3857832/Cobalt-prices-fall-again-as-sellers-continue-to-offload.htmlMon, 11 Feb 2019 01:30:00 GMTGLOBAL BILLET WRAP: Prices climb further on costlier scrap Steel billet prices in most of the world’s major markets maintained their upward momentum during the week ended Friday February 8, with ferrous scrap becoming increasingly costlier.http://www.metalbulletin.com/Article/3857727/GLOBAL-BILLET-WRAP-Prices-climb-further-on-costlier-scrap.htmlMon, 11 Feb 2019 00:01:00 GMTBrazilian slab export prices edge up; sellers plan price increasesSlab export prices from Brazil increased slightly this week, as producers prepared to launch a new round of increases for April-shipment material.http://www.metalbulletin.com/Article/3857821/Brazilian-slab-export-prices-edge-up-sellers-plan-price-increases.htmlFri, 08 Feb 2019 23:13:00 GMTFlat steel import prices stable in South America; customers wait for confirmation of higher offersFlat steel import prices remained stable during the past week in South America as market participants were waiting to see if price increases from China and the Commonwealth of Independent States (CIS) region would truly materialize.http://www.metalbulletin.com/Article/3857818/Flat-steel-import-prices-stable-in-South-America-customers-wait-for-confirmation-of-higher-offers.htmlFri, 08 Feb 2019 22:52:00 GMTALUMINIUM FOUNDRY WRAP: European premiums dive after removal of Rusal sanctions; US premium steadyAluminium foundry premiums in Europe were under pressure this month from weak demand and the removal of US sanctions against Russian producer UC Rusal, but the premium in the United States remained firm. http://www.metalbulletin.com/Article/3857798/ALUMINIUM-FOUNDRY-WRAP-European-premiums-dive-after-removal-of-Rusal-sanctions-US-premium-steady.htmlFri, 08 Feb 2019 22:34:00 GMTTrade log February 2019: Cobalt Cobalt trade log including business, bids and offers reported to Fastmarkets.http://www.metalbulletin.com/Article/3857003/Trade-log-February-2019-Cobalt.htmlFri, 08 Feb 2019 20:47:00 GMTUS PIG IRON: Suppliers insist on higher prices despite fall in prime scrapPig iron suppliers to the United States have increased their offer prices despite another fall in the price of prime scrap grades, citing lower availability and higher iron ore costs, Fastmarkets has heard. http://www.metalbulletin.com/Article/3857808/US-PIG-IRON-Suppliers-insist-on-higher-prices-despite-fall-in-prime-scrap.htmlFri, 08 Feb 2019 18:55:00 GMTEUROPE STAINLESS STEEL: Grade-304 sheet prices rise for first time since mid-2018Transaction prices for grade-304 cold-rolled (CR) stainless sheet in Europe have increased this week for the first time since mid-2018. http://www.metalbulletin.com/Article/3857805/EUROPE-STAINLESS-STEEL-Grade-304-sheet-prices-rise-for-first-time-since-mid-2018.htmlFri, 08 Feb 2019 18:42:00 GMTWEEKLY SCRAP WRAP: Global scrap prices poised to continue uptrendGlobal scrap prices were likely to show further increases because of surges in iron ore prices, Fastmarkets heard during the week ended Friday February 8. http://www.metalbulletin.com/Article/3857718/WEEKLY-SCRAP-WRAP-Global-scrap-prices-poised-to-continue-uptrend.htmlFri, 08 Feb 2019 18:18:00 GMTEUROPE ALLOY STEEL SCRAP: Austenitic prices continue rising on higher nickel costsEuropean alloy steel scrap prices continued their upward trajectory this week on the back of further gains in the nickel market. http://www.metalbulletin.com/Article/3857801/EUROPE-ALLOY-STEEL-SCRAP-Austenitic-prices-continue-rising-on-higher-nickel-costs.htmlFri, 08 Feb 2019 18:13:00 GMTLIVE FUTURES REPORT 08/02: LME base metals close negatively despite midweek surge; tin buoyed above $21k/tBase metals prices on the London Metal Exchange were mostly lower at the close of trading on Friday February 8, hampered by low liquidity conditions due to Lunar New Year national holidays while dollar strength and broad risk-aversion continues to limit commodity investment.http://www.metalbulletin.com/Article/3857802/LIVE-FUTURES-REPORT-0802-LME-base-metals-close-negatively-despite-midweek-surge-tin-buoyed-above-21kt.htmlFri, 08 Feb 2019 17:50:00 GMTBATTERY RAW MATERIALS MARKET REPORT 08/02: Cobalt slides on continued availability, competition for salesAn overview of the battery raw materials markets and their price moves from the past week. http://www.metalbulletin.com/Article/3857797/BATTERY-RAW-MATERIALS-MARKET-REPORT-0802-Cobalt-slides-on-continued-availability-competition-for.htmlFri, 08 Feb 2019 17:32:00 GMTBrazil's pig iron export price rises on long lead times, high iron ore pricesExport pig iron prices from Brazil have gone up due to mills being sold out until April, while iron ore costs have increased following an incident at one of Vale's mines in Brazil, Fastmarkets was told on Friday February 8.http://www.metalbulletin.com/Article/3857790/Brazils-pig-iron-export-price-rises-on-long-lead-times-high-iron-ore-prices.htmlFri, 08 Feb 2019 17:30:00 GMTMINOR METALS MARKET REPORT 08/02: Cadmium prices rise on tight availability; selenium continues downtrendAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3857784/MINOR-METALS-MARKET-REPORT-0802-Cadmium-prices-rise-on-tight-availability-selenium-continues.htmlFri, 08 Feb 2019 17:13:00 GMTINDIA IMPORT SCRAP: Prices surge $14/t vs last week The price of shredded ferrous scrap imported into India rose for the third consecutive week, mirroring the uptick in Turkish scrap prices, market participants said on Friday February 8.http://www.metalbulletin.com/Article/3857792/INDIA-IMPORT-SCRAP-Prices-surge-14t-vs-last-week.htmlFri, 08 Feb 2019 17:05:00 GMTEU SAFEGUARDS: Stainless producers, distributors disagree on potential effect on importsEuropean stainless steel producers expect the definitive EU safeguarding measures to reduce the volume of imports arriving in the EU, while distributors were less convinced that these measures will be any more effective than the provisional ones that preceded them.http://www.metalbulletin.com/Article/3857767/EU-SAFEGUARDS-Stainless-producers-distributors-disagree-on-potential-effect-on-imports.htmlFri, 08 Feb 2019 17:00:00 GMTEU SAFEGUARDS: Sections market positive; calls for further anti-dumping support Participants in the European hollow sections market are in favor of the European Union’s new safeguarding measures but hope for additional support against cheap imports in the form of anti-dumping measures, they told Fastmarkets MB. http://www.metalbulletin.com/Article/3857780/EU-SAFEGUARDS-Sections-market-positive-calls-for-further-anti-dumping-support.htmlFri, 08 Feb 2019 16:56:00 GMTUK SCRAP: Light iron prices track upward trend in exportsLight iron steel scrap prices in the United Kingdom increased for the third consecutive week, tracking strengthening European export prices to Turkey and India in the week to Friday February 8. http://www.metalbulletin.com/Article/3857783/UK-SCRAP-Light-iron-prices-track-upward-trend-in-exports.htmlFri, 08 Feb 2019 16:44:00 GMTBrazilian authorities evacuate 700 people living near tailings dams in Minas Gerais stateConcerns about the security of 'upstream' iron ore tailings dams in the state of Minas Gerais have prompted the evacuation of residents from nearby communities, Brazil’s national mining agency ANM said on Friday February 8. http://www.metalbulletin.com/Article/3857754/Brazilian-authorities-evacuate-700-people-living-near-tailings-dams-in-Minas-Gerais-state.htmlFri, 08 Feb 2019 16:03:00 GMTTURKEY COATED FLAT STEEL: Prices up yet some producers halt salesCoated-steel prices in Turkey continued to increase in the week ended Friday February 8, with some producers continuing to close their sales books because they were short of the hot-rolled coil (HRC) used as a base material.http://www.metalbulletin.com/Article/3857760/TURKEY-COATED-FLAT-STEEL-Prices-up-yet-some-producers-halt-sales.htmlFri, 08 Feb 2019 15:50:00 GMTLIVE FUTURES REPORT 08/02: Comex copper price dips amid low traded volumesThe Comex copper price softened during US morning trading on Friday February 8 with trading volumes reduced due to Lunar New Year. http://www.metalbulletin.com/Article/3857775/LIVE-FUTURES-REPORT-0802-Comex-copper-price-dips-amid-low-traded-volumes.htmlFri, 08 Feb 2019 15:44:00 GMTRusal Q4 profits hit by US sanctions but aluminium production stableAluminium producer UC Rusal’s profits from aluminium sales in the fourth quarter of 2018 were down by 16% year on year because the company was operating under trading sanctions imposed by the United States, according to an earnings statement published on Friday February 8. http://www.metalbulletin.com/Article/3857755/Rusal-Q4-profits-hit-by-US-sanctions-but-aluminium-production-stable.htmlFri, 08 Feb 2019 14:23:00 GMTTURKEY FLAT STEEL: Prices up on strong demand for restockingSteel coil prices in Turkey increased again this week because of the high cost of scrap alongside other global price increases, with local demand strong because of restocking, sources told Fastmarkets on Friday February 8. http://www.metalbulletin.com/Article/3857759/TURKEY-FLAT-STEEL-Prices-up-on-strong-demand-for-restocking.htmlFri, 08 Feb 2019 13:31:00 GMTCIS PIG IRON: Suppliers bullish on higher iron ore costs, supply interruptions from Brazil Pig iron exporters from the Commonwealth of Independent States (CIS) were bullish during the week ended Thursday February 7 on increased iron ore costs and supply interruptions from Brazil after Vale’s dam collapse in Brazil. http://www.metalbulletin.com/Article/3857753/CIS-PIG-IRON-Suppliers-bullish-on-higher-iron-ore-costs-supply-interruptions-from-Brazil.htmlFri, 08 Feb 2019 12:48:00 GMTEU SAFEGUARDS: Turkish long-steel producers to seek new export marketsTurkey's long steel producers are looking for new export markets after the European Commission more than halved the annual amount of Turkish rebar allowed to enter the region before the imposition of a 25% tariff. http://www.metalbulletin.com/Article/3857728/EU-SAFEGUARDS-Turkish-long-steel-producers-to-seek-new-export-markets.htmlFri, 08 Feb 2019 12:42:00 GMTIRON ORE DAILY: Prices expected to rise on China's returnSeaborne iron ore prices stayed largely flat on Friday February 8 with China’s week-long public holiday coming to an end, though there was some activity in the high-grade segment.http://www.metalbulletin.com/Article/3857741/IRON-ORE-DAILY-Prices-expected-to-rise-on-Chinas-return.htmlFri, 08 Feb 2019 11:45:00 GMTLITHIUM SNAPSHOT: Thin trade keeps market stable with China outKey data from the February 7 pricing session in London.http://www.metalbulletin.com/Article/3857731/LITHIUM-SNAPSHOT-Thin-trade-keeps-market-stable-with-China-out.htmlFri, 08 Feb 2019 11:10:00 GMTLIVE FUTURES REPORT 08/02: LME nickel price drifts 1.6% lower; outflows fail to stem zinc, lead price falls Nickel’s three-month price on the London Metal Exchange continued to trend lower during morning trading on Friday February 8, with the metal’s midweek surge largely attributed to a sharp rise in iron ore prices while consumer demand remains hampered by a dearth in Chinese stainless steel production. http://www.metalbulletin.com/Article/3857732/LIVE-FUTURES-REPORT-0802-LME-nickel-price-drifts-16-lower-outflows-fail-to-stem-zinc-lead-price-falls.htmlFri, 08 Feb 2019 10:46:00 GMTCOKING COAL DAILY: Supply concerns subside amid improved weather Fears over a possible disruption of supply among seaborne coking coal market participants largely subsided on Friday February 8 amid improving weather conditions in North Queensland, Australia, keeping prices unchanged.http://www.metalbulletin.com/Article/3857729/COKING-COAL-DAILY-Supply-concerns-subside-amid-improved-weather.htmlFri, 08 Feb 2019 10:30:00 GMTSoutheast Asian billet prices up amid spike in offersImport prices for steel billet in Southeast Asia rose on Friday February 8 after an unexpected surge in offer levels, although trading activity remained slow with some market participants still away for the Lunar New Year.http://www.metalbulletin.com/Article/3857723/Southeast-Asian-billet-prices-up-amid-spike-in-offers.htmlFri, 08 Feb 2019 09:31:00 GMTLIVE FUTURES REPORT 07/02: LME base metals prices drift lower in quiet trading; Al below $1,900 per tonneBase metals prices on the London Metal Exchange were collectively lower at the close of trading on Thursday February 7, with low volumes and limited buying interest due to the Lunar New Year public holiday in China, while the strength of the US dollar deterred investment. http://www.metalbulletin.com/Article/3857698/LIVE-FUTURES-REPORT-0702-LME-base-metals-prices-drift-lower-in-quiet-trading-Al-below-1900-per-tonne.htmlThu, 07 Feb 2019 18:20:00 GMTTURKEY LONG STEEL EXPORTS: Prices soar on higher scrap costsTurkish export rebar and wire rod prices have soared in the first week of February following the surge in import scrap costs in the country.http://www.metalbulletin.com/Article/3857684/TURKEY-LONG-STEEL-EXPORTS-Prices-soar-on-higher-scrap-costs.htmlThu, 07 Feb 2019 17:40:00 GMTIranian steel billet prices keep climbing supported by global uptrendSteel billet export prices from Iran continued to climb in the first week of February supported by an uptrend in the global market after a sharp rise in raw materials prices. http://www.metalbulletin.com/Article/3857682/Iranian-steel-billet-prices-keep-climbing-supported-by-global-uptrend.htmlThu, 07 Feb 2019 17:31:00 GMTTURKEY STEEL BILLET: Buyers accept higher prices as scrap costs climbTurkish steel billet prices have shown a notable increase in the first week of February, supported by customers in both the domestic and export markets, Fastmarkets heard on Thursday February 7. http://www.metalbulletin.com/Article/3857692/TURKEY-STEEL-BILLET-Buyers-accept-higher-prices-as-scrap-costs-climb.htmlThu, 07 Feb 2019 17:18:00 GMTDAILY SCRAP REPORT: Indices down day-on-day but trend still risingThe daily indices of prices for Turkish deep-sea scrap imports went down by $1 per tonne on Thursday February 7 after another cargo was booked from the United States, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3857688/DAILY-SCRAP-REPORT-Indices-down-day-on-day-but-trend-still-rising.htmlThu, 07 Feb 2019 16:52:00 GMTLIVE FUTURES REPORT 07/02: Comex copper price gains for third consecutive session but gold dipsComex copper prices rallied for the third straight session on Thursday February 7 with the market growing more optimistic on the red metal's prospects through the first quarter. http://www.metalbulletin.com/Article/3857687/LIVE-FUTURES-REPORT-0702-Comex-copper-price-gains-for-third-consecutive-session-but-gold-dips.htmlThu, 07 Feb 2019 16:06:00 GMTPRICING NOTICE: Proposal to amend Fastmarkets’ LME warrant premiums coverage Fastmarkets is proposing to amend its weekly London Metal Exchange warrant premiums coverage across the entire base metals asset class. http://www.metalbulletin.com/Article/3857657/PRICING-NOTICE-Proposal-to-amend-Fastmarkets-LME-warrant-premiums-coverage.htmlThu, 07 Feb 2019 15:54:00 GMTEGYPT STEEL BILLET, REBAR: Billet import prices rise, rebar prices stableSteel billet import prices in Egypt increased this week with deals being agreed at higher levels, sources told Fastmarkets on Thursday February 7. http://www.metalbulletin.com/Article/3857654/EGYPT-STEEL-BILLET-REBAR-Billet-import-prices-rise-rebar-prices-stable.htmlThu, 07 Feb 2019 14:20:00 GMTArcelorMittal Europe Q4 earnings down 13% on lower steel shipmentsArcelorMittal Europe's fourth-quarter earnings declined by 13% year on year in 2018 on “lower steel shipment volumes,” the company said on Thursday February 7. http://www.metalbulletin.com/Article/3857644/ArcelorMittal-Europe-Q4-earnings-down-13-on-lower-steel-shipments.htmlThu, 07 Feb 2019 13:13:00 GMTEUROPE HRC: Domestic prices set to rise; buyers resist increaseDomestic prices for hot-rolled coil (HRC) in Europe should increase on the back of support from rising import prices as well as buyers’ restocking, sources told Fastmarkets.http://www.metalbulletin.com/Article/3857642/EUROPE-HRC-Domestic-prices-set-to-rise-buyers-resist-increase.htmlThu, 07 Feb 2019 12:10:00 GMTIRON ORE DAILY: Prices flat as participants await China's return Seaborne iron ore prices remained flat on Thursday February 7 on continued muted trading amid a week-long public holiday in China. http://www.metalbulletin.com/Article/3857635/IRON-ORE-DAILY-Prices-flat-as-participants-await-Chinas-return.htmlThu, 07 Feb 2019 10:52:00 GMTHydro Q4 earnings down significantly due to Alunorte curtailment Producer Norsk Hydro's underlying operating profit dropped almost 85% in the fourth quarter due to the effects of its production curtailment at its Brazilian alumina refinery, Alunorte. http://www.metalbulletin.com/Article/3857634/Hydro-Q4-earnings-down-significantly-due-to-Alunorte-curtailment.htmlThu, 07 Feb 2019 10:26:00 GMTLIVE FUTURES REPORT 07/02: LME base metals continue corrective downtrend; copper supported above $6,200/tBase metals prices on the London Metal Exchange were mostly lower during morning trading on Thursday February 7, with nickel, zinc and lead futures continuing their broad correction amid a strong US dollar index and dwindling risk appetite. http://www.metalbulletin.com/Article/3857636/LIVE-FUTURES-REPORT-0702-LME-base-metals-continue-corrective-downtrend-copper-supported-above-6200t.htmlThu, 07 Feb 2019 10:25:00 GMTCOKING COAL DAILY: Weather concerns emerge in the seaborne market The seaborne coking coal spot market was largely stable on Thursday February 7 despite the emergence of supply concerns in Queensland, Australia, following closure of ports in the country. http://www.metalbulletin.com/Article/3857633/COKING-COAL-DAILY-Weather-concerns-emerge-in-the-seaborne-market.htmlThu, 07 Feb 2019 10:05:00 GMTNEWSBREAK: Weather concerns mount for seaborne coking coal market amid disruption to ops at Queensland’s port Operations at Abbot Point Coal Terminal have been closed due to flash flooding and land slips in North Queensland, Australia, the terminal operator confirmed on Thursday February 7, with market participants also flagging potential disruptions at the state’s other coal terminals. http://www.metalbulletin.com/Article/3857632/NEWSBREAK-Weather-concerns-mount-for-seaborne-coking-coal-market-amid-disruption-to-ops-at.htmlThu, 07 Feb 2019 09:16:00 GMTEast Asian stainless steel prices maintain uptrend on nickel gainsImport prices for stainless steel in East Asia continued to edge up over the past week, with mills raising their offers further amid costlier nickel, although trading activity was still thin due to the Lunar New Year holidays.http://www.metalbulletin.com/Article/3857631/East-Asian-stainless-steel-prices-maintain-uptrend-on-nickel-gains.htmlThu, 07 Feb 2019 07:32:00 GMTEnvironmental agency cancels Vale’s operating license for dam in 30mln-tpy mineThe environmental secretariat of Brazil’s southeastern Minas Gerais state, Semad, has suspended a license granted in 2015 for Vale to operate the Laranjeiras tailings dam, connected to the Brucutu iron ore mine.http://www.metalbulletin.com/Article/3857620/Environmental-agency-cancels-Vales-operating-license-for-dam-in-30mln-tpy-mine.htmlWed, 06 Feb 2019 23:20:00 GMTCIS STEEL BILLET: Prices soar on jump in scrap costs, customers accept risesCIS export billet prices have soared in the past few days, supported by the sharp rise in the global scrap market. Customers in turn accepted higher prices amid expectations of further price increases in the week ahead, Fastmarkets heard on Wednesday February 6. http://www.metalbulletin.com/Article/3857616/CIS-STEEL-BILLET-Prices-soar-on-jump-in-scrap-costs-customers-accept-rises.htmlWed, 06 Feb 2019 20:45:00 GMTSOUTHERN EUROPE REBAR: Prices steady for now but pressure buildsThe price for rebar produced and delivered in Southern Europe remained flat on Wednesday February 6, while market participants absorbed the implications of new import quotas that in some cases may have already been fully allocated. http://www.metalbulletin.com/Article/3857585/SOUTHERN-EUROPE-REBAR-Prices-steady-for-now-but-pressure-builds.htmlWed, 06 Feb 2019 19:05:00 GMTLIVE FUTURES REPORT 06/02: LME copper price continues to rise; three-month tin over $21,000Copper’s three-month price on the London Metal Exchange continued on an upward trend at the close of trading on Wednesday February 6, maintaining its strong advance toward a price of $6,300 per tonne amid low liquidity because of a national holiday in China. http://www.metalbulletin.com/Article/3857595/LIVE-FUTURES-REPORT-0602-LME-copper-price-continues-to-rise-three-month-tin-over-21000.htmlWed, 06 Feb 2019 18:15:00 GMTGLOBAL NICKEL WRAP: Market favors US cut-cathodes, Europe briquettes; premiums respond accordingly US market participants eyed premium increases on nickel cut-cathodes after local supply ran short in the week to Tuesday February 5, while European demand was focused on briquettes, boosting premiums by 4% at the midpoint of Fastmarkets’ range. http://www.metalbulletin.com/Article/3857581/GLOBAL-NICKEL-WRAP-Market-favors-US-cut-cathodes-Europe-briquettes-premiums-respond-accordingly.htmlWed, 06 Feb 2019 17:15:00 GMTEUROPE WIRE ROD: Front-loaded quotas 'will lead to supply uncertainty'European prices for mesh-quality wire rod stayed flat across the continent on Wednesday February 6, with the initial reaction to the European Commission’s (EC) new import quotas suggesting an uncertain supply picture for the rest of the first quarter of 2019. http://www.metalbulletin.com/Article/3857588/EUROPE-WIRE-ROD-Front-loaded-quotas-will-lead-to-supply-uncertainty.htmlWed, 06 Feb 2019 17:14:00 GMTEUROPE SECTIONS: Market braces for price increasesPrices for domestic hollow steel sections in Europe were unchanged on Wednesday February 6 but increases are likely over the coming sessions, market participants told Fastmarkets MB. http://www.metalbulletin.com/Article/3857582/EUROPE-SECTIONS-Market-braces-for-price-increases.htmlWed, 06 Feb 2019 16:48:00 GMTEUROPE BEAMS: Prices unchanged but mills order books thinDomestic prices for steel beams in Europe were unchanged on Wednesday February 6 from the previous assessment although markets sources reported weak demand at mills.http://www.metalbulletin.com/Article/3857577/EUROPE-BEAMS-Prices-unchanged-but-mills-order-books-thin.htmlWed, 06 Feb 2019 16:46:00 GMTGLOBAL ZINC & LEAD WRAP: Global markets quiet amid surge in LME prices Zinc and lead premiums in all regions were unchanged over the past week while Chinese participants were sidelined due to the Lunar New Year (February 4-10). http://www.metalbulletin.com/Article/3857509/GLOBAL-ZINC-and-LEAD-WRAP-Global-markets-quiet-amid-surge-in-LME-prices.htmlWed, 06 Feb 2019 16:26:00 GMTNORTHERN EUROPE REBAR: Price push expected after launch of new quota regimeThe price for rebar produced and delivered in Northern Europe remained flat on Wednesday February 6 while the market digested the European Commission’s (EC) definitive ruling for its 2019 import quotas, with many expecting higher prices to come. http://www.metalbulletin.com/Article/3857548/NORTHERN-EUROPE-REBAR-Price-push-expected-after-launch-of-new-quota-regime.htmlWed, 06 Feb 2019 16:20:00 GMTDAILY SCRAP REPORT: Prices little changed on single new bookingTurkish deep-sea scrap import prices were stable on Wednesday February 6 despite news of a freshly booked cargo, sources told Fastmarkets. http://www.metalbulletin.com/Article/3857550/DAILY-SCRAP-REPORT-Prices-little-changed-on-single-new-booking.htmlWed, 06 Feb 2019 16:05:00 GMTGLOBAL TIN WRAP: Premiums flat amid thin trade in US, Europe Tin premiums in the United States were unchanged in the week to Tuesday February 5 amid thin trade and competition from secondary tin sources. http://www.metalbulletin.com/Article/3857533/GLOBAL-TIN-WRAP-Premiums-flat-amid-thin-trade-in-US-Europe.htmlWed, 06 Feb 2019 15:52:00 GMTLIVE FUTURES REPORT 06/02: Comex copper price rally builds momentum in midweek trading The US copper market saw continued buying strength in morning trading on Wednesday February 6 with industry participants awaiting upcoming global trade talks. http://www.metalbulletin.com/Article/3857540/LIVE-FUTURES-REPORT-0602-Comex-copper-price-rally-builds-momentum-in-midweek-trading.htmlWed, 06 Feb 2019 14:51:00 GMTVale declares force majeure on iron ore, pellet contracts after court rulingBrazilian miner Vale has declared force majeure on a number of iron ore and pellet contracts with customers, following the halt of its Brucutu mine in the state of Minas Gerais, the company said on Tuesday February 5.http://www.metalbulletin.com/Article/3857536/Vale-declares-force-majeure-on-iron-ore-pellet-contracts-after-court-ruling.htmlWed, 06 Feb 2019 14:45:00 GMTAurubis seeks ‘strategic alternatives’ after EC vetoes rolled-copper business sale to Wieland Aurubis AG is searching for strategic alternatives for its flat-rolled product business after the proposed sale of the division to peer Wieland Werke was rejected by the European Commission (EC), the German copper producer said on Wednesday February 6.http://www.metalbulletin.com/Article/3857526/Aurubis-seeks-strategic-alternatives-after-EC-vetoes-rolled-copper-business-sale-to-Wieland.htmlWed, 06 Feb 2019 12:49:00 GMTALUMINIUM ARB INDICATOR: Import window widens slightly on falling LME Al price, freight rates The aluminium import arbitrage between the United States and Asia widened slightly in January due to lower London Metal Exchange prices and cheaper freight and barge rates. http://www.metalbulletin.com/Article/3857525/ALUMINIUM-ARB-INDICATOR-Import-window-widens-slightly-on-falling-LME-Al-price-freight-rates.htmlWed, 06 Feb 2019 12:19:00 GMTSeverstal to build new BF, no pig iron sales expected Russian steelmaker Severstal plans to start construction of new blast furnace in 2019, using additional volumes of pig iron for its own needs, chief financial officer Alexey Kulichenko said in a conference call on February 5.http://www.metalbulletin.com/Article/3857524/Severstal-to-build-new-BF-no-pig-iron-sales-expected.htmlWed, 06 Feb 2019 12:00:00 GMTGhana Manganese ordered to cease operationsGhana Manganese has been ordered to cease operations by Ghana’s minister of lands and natural resources due to inconclusive data.http://www.metalbulletin.com/Article/3857518/Ghana-Manganese-ordered-to-cease-operations.htmlWed, 06 Feb 2019 11:25:00 GMTMINING INDABA: Ma’aden to seek opportunities in copper outside Saudi Arabia Saudi Arabia’s Ma’aden is planning to look outside of the country for opportunities in copper and other base metals including zinc, the company’s chief executive officer said. http://www.metalbulletin.com/Article/3857515/MINING-INDABA-Maaden-to-seek-opportunities-in-copper-outside-Saudi-Arabia.htmlWed, 06 Feb 2019 11:18:00 GMTLIVE FUTURES REPORT 06/02: LME base metals prices maintain support against dollar strength; copper holds above $6,200/t Base metals prices on the London Metal Exchange continued to be supported during morning trading on Wednesday February 6, with recent buying continuing despite a continued draw on LME stocks, fresh cancelations and broad strength in the dollar index. http://www.metalbulletin.com/Article/3857516/LIVE-FUTURES-REPORT-0602-LME-base-metals-prices-maintain-support-against-dollar-strength-copper-holds.htmlWed, 06 Feb 2019 10:54:00 GMTGLOBAL COPPER WRAP: Shanghai premiums firm, other global markets flat Premiums for copper cathodes moved up in Shanghai with buying evident ahead of this week’s Lunar New Year holidays. Elsewhere, US and European spot premiums are unchanged, although demand is strong in North America. http://www.metalbulletin.com/Article/3857487/GLOBAL-COPPER-WRAP-Shanghai-premiums-firm-other-global-markets-flat.htmlWed, 06 Feb 2019 09:13:00 GMTGLOBAL ALUMINIUM WRAP: Steady contango supports US, Asia, Europe aluminium premiumsAluminium premiums in Asia, Europe and the United States found support on the back of a firm contango in London Metal Exchange spreads on Tuesday February 5.http://www.metalbulletin.com/Article/3857497/GLOBAL-ALUMINIUM-WRAP-Steady-contango-supports-US-Asia-Europe-aluminium-premiums.htmlWed, 06 Feb 2019 02:14:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 05/02A summary of base metals premiums from across the globe for the week to Tuesday February 5.http://www.metalbulletin.com/Article/3857484/WEEKLY-BASE-METAL-PREMIUMS-REPORT-0502.htmlTue, 05 Feb 2019 20:45:00 GMTLIVE FUTURES REPORT 05/02: LME copper price breaches $6,200 per tonne; nickel keeps supportCopper’s three-month price on the London Metal Exchange continued its uptrend at the close of trading on Tuesday February 5, with moderate volumes and a surge in the US dollar index doing little to curb the metal’s upward price movement, while the rest of the complex broadly consolidated. http://www.metalbulletin.com/Article/3857486/LIVE-FUTURES-REPORT-0502-LME-copper-price-breaches-6200-per-tonne-nickel-keeps-support.htmlTue, 05 Feb 2019 18:10:00 GMTRussia's Severstal teams up with Tenaris to build OCTG plant in West Siberia Russian steelmaker Severstal is forming a joint venture with global tube & pipe producer Tenaris to build a oil country tubular goods (OCTG) plant in the Surgut area of West Siberia. http://www.metalbulletin.com/Article/3857482/Russias-Severstal-teams-up-with-Tenaris-to-build-OCTG-plant-in-West-Siberia.htmlTue, 05 Feb 2019 18:06:00 GMTDAILY SCRAP REPORT: Prices surge on higher transactionsTurkish deep-sea scrap import prices went up on Tuesday February 5 following the sale of a higher priced cargo, sources told Fastmarkets.http://www.metalbulletin.com/Article/3857335/DAILY-SCRAP-REPORT-Prices-surge-on-higher-transactions.htmlTue, 05 Feb 2019 17:12:00 GMTGULF FLAT STEEL IMPORTS: Prices rise but demand remains slowFlat steel import prices in the United Arab Emirates and Saudi Arabia have risen over the past week but demand has remained soft, sources told Fastmarkets on Tuesday February 5. http://www.metalbulletin.com/Article/3857420/GULF-FLAT-STEEL-IMPORTS-Prices-rise-but-demand-remains-slow.htmlTue, 05 Feb 2019 16:55:00 GMTBismuth price rises again on Jinwang raw material shortage but Fanya auction fear remains The European bismuth price continued its uptrend in the latest pricing session, boosted by shipment delays that are affecting the delivery of material from China’s Hunan Jinwang Bismuth, one of the biggest suppliers in the world. http://www.metalbulletin.com/Article/3857332/Bismuth-price-rises-again-on-Jinwang-raw-material-shortage-but-Fanya-auction-fear-remains.htmlTue, 05 Feb 2019 16:22:00 GMTPRICING NOTICE: Correction to nickel sulfate China ex-works price publicationFastmarkets has corrected its nickel sulfate min 21%, max: 22.5%; cobalt 10ppm max, China ex-works, yuan/tonne price, which was published incorrectly on February 1.http://www.metalbulletin.com/Article/3857303/PRICING-NOTICE-Correction-to-nickel-sulfate-China-ex-works-price-publication.htmlTue, 05 Feb 2019 15:40:00 GMTCIS LONG STEEL EXPORTS: Prices surge after customers accept higher prices, billet increasesCIS export wire rod and rebar prices increased in the week ended Monday January 4, following the uptrend in the billet segment and after customers in some destinations began accepting higher prices, which rendered additional support to CIS suppliers.http://www.metalbulletin.com/Article/3857295/CIS-LONG-STEEL-EXPORTS-Prices-surge-after-customers-accept-higher-prices-billet-increases.htmlTue, 05 Feb 2019 15:05:00 GMTLIVE FUTURES REPORT 05/02: Comex copper prices rebound during Lunar New YearComex copper prices in the United States shrugged off earlier losses in morning trading on Tuesday February 5, with the base metals complex temporarily boosted by the lack of Chinese participation while the East Asian country begins its Lunar New Year holiday. http://www.metalbulletin.com/Article/3857296/LIVE-FUTURES-REPORT-0502-Comex-copper-prices-rebound-during-Lunar-New-Year.htmlTue, 05 Feb 2019 14:42:00 GMTGULF STEEL BILLET, REBAR: Import prices rise, domestic rebar stableThe import prices for steel billet and rebar in the United Arab Emirates increased this week on higher offers, but domestic prices were unchanged week on week, sources told Fastmarkets on Tuesday February 5. http://www.metalbulletin.com/Article/3857294/GULF-STEEL-BILLET-REBAR-Import-prices-rise-domestic-rebar-stable.htmlTue, 05 Feb 2019 14:27:00 GMTGLOBAL MANGANESE WRAP: imported ore prices tick down in China during quiet pre-holiday period Trades of small volumes led to a small fall in manganese ore prices in the week ended Friday February 1, while most producers expect to return to the market after the Chinese New Year holiday (February 4-10). http://www.metalbulletin.com/Article/3857291/GLOBAL-MANGANESE-WRAP-imported-ore-prices-tick-down-in-China-during-quiet-pre-holiday-period.htmlTue, 05 Feb 2019 14:14:00 GMTEU flat steel distributor shipments down 3% in 2018European distributors of flat steel products reported a 3.1% year-on-year drop in shipment volumes in 2018, Eurometal said this week. http://www.metalbulletin.com/Article/3857279/EU-flat-steel-distributor-shipments-down-3-in-2018.htmlTue, 05 Feb 2019 13:16:00 GMTCOBALT MONTHLY REVIEW – JANUARY: Oversupply pressures metal prices below $20 per lb; cobalt sulfate moves to premiumOversupply continued to push European cobalt metal prices downward in January 2019, with buyers stepping back from the spot market amid a shared negative outlook. http://www.metalbulletin.com/Article/3857005/COBALT-MONTHLY-REVIEWJANUARY-Oversupply-pressures-metal-prices-below-20-per-lb-cobalt-sulfate-moves.htmlTue, 05 Feb 2019 12:30:00 GMTCIS STEEL BILLET: Price surges further on rising raw materials costsThe CIS export price for steel billet continued to move upward at the start of the week beginning on Monday February 4, with mills pushing offers higher amid a global rise in raw materials prices. http://www.metalbulletin.com/Article/3857288/CIS-STEEL-BILLET-Price-surges-further-on-rising-raw-materials-costs.htmlTue, 05 Feb 2019 11:42:00 GMTLIVE FUTURES REPORT 05/02: LME base metals prices consolidate recent gains; nickel keeps above $13,000/tBase metals prices on the London Metal Exchange were mixed during morning trading on Tuesday February 5, with most metals consolidating gains made at Monday’s close while low stocks and a weaker dollar fail to prompt upward price action. http://www.metalbulletin.com/Article/3857283/LIVE-FUTURES-REPORT-0502-LME-base-metals-prices-consolidate-recent-gains-nickel-keeps-above-13000t.htmlTue, 05 Feb 2019 11:12:00 GMTMINING INDABA: Ford, Huayou Cobalt in blockchain project to monitor DRC cobalt suppliesAutomaker Ford Motor Co, China's Huayou Cobalt and South Korean battery supplier LG Chem have joined forces in a blockchain project to monitor cobalt supplies from the Democratic Republic of Congo (DRC), an executive at Ford said. http://www.metalbulletin.com/Article/3857216/MINING-INDABA-Ford-Huayou-Cobalt-in-blockchain-project-to-monitor-DRC-cobalt-supplies.htmlMon, 04 Feb 2019 19:34:00 GMTBrazilian domestic flat steel prices dip on pressure from importsPrices of flat steel products in Brazil fell in the early days of February, with market participants receiving discounts because of the threat of imported material, Fastmarkets heard on Monday February 4. http://www.metalbulletin.com/Article/3857213/Brazilian-domestic-flat-steel-prices-dip-on-pressure-from-imports.htmlMon, 04 Feb 2019 19:00:00 GMTGLOBAL CHROME WRAP: UG2 prices climb in China amid currency movesThe stronger currencies of China and South Africa pushed prices of UG2 chrome ore higher last week.http://www.metalbulletin.com/Article/3857210/GLOBAL-CHROME-WRAP-UG2-prices-climb-in-China-amid-currency-moves.htmlMon, 04 Feb 2019 18:58:00 GMTCIS FLAT STEEL: Low availability pushes prices upPrices in the export market for flat steel from the Commonwealth of Independent States (CIS) have increased because of low material availability, sources told Fastmarkets on Monday February 4. http://www.metalbulletin.com/Article/3857211/CIS-FLAT-STEEL-Low-availability-pushes-prices-up.htmlMon, 04 Feb 2019 18:45:00 GMTMINING INDABA: Ford eyes EV collaboration, not offtake, mine stakesAutomaker Ford Motor Co has no current plans to take stakes in mining assets or secure direct offtake agreements with mining firms in order to produce batteries for electric vehicles, although it hasn’t ruled it out entirely. http://www.metalbulletin.com/Article/3857207/MINING-INDABA-Ford-eyes-EV-collaboration-not-offtake-mine-stakes.htmlMon, 04 Feb 2019 18:20:00 GMTLIVE FUTURES REPORT 04/02: LME base metals prices surge; many hit multi-month highsBase metals prices on the London Metal Exchange were predominantly higher at the close on Monday February 4, with nickel, zinc and lead surging while aluminium closed above $1,900 per tonne. http://www.metalbulletin.com/Article/3857209/LIVE-FUTURES-REPORT-0402-LME-base-metals-prices-surge-many-hit-multi-month-highs.htmlMon, 04 Feb 2019 18:10:00 GMTNEWSBREAK: LME nickel, lead and zinc prices soar as bulls rampage in China’s absence Lead’s three-month price on the London Metal Exchange surged to its highest level since August 2018 during afternoon trading on Monday February 4, breaching the nearby $2,100 per tonne support level while nickel and zinc futures similarly gathered momentum. http://www.metalbulletin.com/Article/3857195/NEWSBREAK-LME-nickel-lead-and-zinc-prices-soar-as-bulls-rampage-in-Chinas-absence.htmlMon, 04 Feb 2019 17:35:00 GMTDAILY SCRAP REPORT: Prices up on new booking; more expectedTurkish deep-sea scrap import prices went up on Monday February 4 after a new cargo booking was heard, sources told Fastmarkets. http://www.metalbulletin.com/Article/3857193/DAILY-SCRAP-REPORT-Prices-up-on-new-booking-more-expected.htmlMon, 04 Feb 2019 16:58:00 GMTPRICING NOTICE: Fastmarkets to discontinue European lead premiums on low liquidity, diverse specs Fastmarkets will proceed with the discontinuation of the three European lead premiums from Tuesday February 12 due to a significant lack of spot liquidity and divergent views on the relevance of lead purity in the specifications. http://www.metalbulletin.com/Article/3857191/PRICING-NOTICE-Fastmarkets-to-discontinue-European-lead-premiums-on-low-liquidity-diverse-specs.htmlMon, 04 Feb 2019 16:23:00 GMTTurkish flat steel imports down 18% in 2018Turkey’s imported flat steel volumes fell by 17.66% year on year in 2018, according to data released by the Turkish Statistical Institute (TUIK) last week. http://www.metalbulletin.com/Article/3857046/Turkish-flat-steel-imports-down-18-in-2018.htmlMon, 04 Feb 2019 16:11:00 GMTEuropean Al billet premiums fall on Rusal’s return but P1020 moves higher Aluminium billet premiums in Europe are under pressure after US sanctions against Russian producer UC Rusal were removed, yet primary aluminium premiums have moved in the opposite direction. http://www.metalbulletin.com/Article/3857139/European-Al-billet-premiums-fall-on-Rusals-return-but-P1020-moves-higher.htmlMon, 04 Feb 2019 16:01:00 GMTGLOBAL TUNGSTEN WRAP: Bearish sentiment, quiet market keeps APT prices unchanged; European ferro-tungsten price edges up The ammonium paratungstate (APT) market was quiet in the week ended Friday February 1 amid weak demand, while the European ferro-tungsten market edged up slightly on improved spot market activity. http://www.metalbulletin.com/Article/3857073/GLOBAL-TUNGSTEN-WRAP-Bearish-sentiment-quiet-market-keeps-APT-prices-unchanged-European-ferro.htmlMon, 04 Feb 2019 15:28:00 GMTLIVE FUTURES REPORT 04/02: Comex copper price starts week on downtrendThe price for copper in the United States market fell in morning trading on Monday February 4 on a lack of fresh news about the US-China trade war, Fastmarkets heard. http://www.metalbulletin.com/Article/3857133/LIVE-FUTURES-REPORT-0402-Comex-copper-price-starts-week-on-downtrend.htmlMon, 04 Feb 2019 15:28:00 GMTGLOBAL FERRO-SILICON WRAP: European price at two-year low; Chinese domestic price falls amid low pre-new year trading In Europe, the ferro-silicon price fell to lows last seen in February 2017 last week on suppliers competing for business from steelmakers keen to push down their feedstock prices amid weakening underlying consumption; while the domestic Chinese market dropped by 2.4% week on week amid quiet business conditions ahead of Lunar New Year. http://www.metalbulletin.com/Article/3857041/GLOBAL-FERRO-SILICON-WRAP-European-price-at-two-year-low-Chinese-domestic-price-falls-amid-low-pre.htmlMon, 04 Feb 2019 15:17:00 GMTTURKEY FERROUS SCRAP: Mills raise buy prices again on higher import costsDomestic scrap prices in Turkey have increased over the past seven days, in line with higher costs for imported scrap, sources said on Monday February 4. http://www.metalbulletin.com/Article/3857060/TURKEY-FERROUS-SCRAP-Mills-raise-buy-prices-again-on-higher-import-costs.htmlMon, 04 Feb 2019 14:00:00 GMTLME approves Category II membership resignation of GH Financials The London Metal Exchange has approved the Category II membership resignation of independent clearing firm GH Financials Ltd with effect from 11:59pm London time on Monday February 4, the exchange said in a note to members. http://www.metalbulletin.com/Article/3857071/LME-approves-Category-II-membership-resignation-of-GH-Financials.htmlMon, 04 Feb 2019 13:53:00 GMTGLOBAL VANADIUM WRAP: Prices largely steady with slight increases on underlying tightness Global vanadium prices were stable to slightly firmer in the week ended Friday February 1, underpinned by fundamental tightness albeit with many Chinese players already out for the new year holidays. http://www.metalbulletin.com/Article/3857013/GLOBAL-VANADIUM-WRAP-Prices-largely-steady-with-slight-increases-on-underlying-tightness.htmlMon, 04 Feb 2019 12:37:00 GMTLIVE FUTURES REPORT 04/02: LME base metals lackluster in absence of Asian trading; nickel price holds above $12,700/tBase metals prices on the London Metal Exchange were mostly lower during low-volume morning trading on Monday February 4, shrugging off the downward trend in LME inventories.http://www.metalbulletin.com/Article/3857033/LIVE-FUTURES-REPORT-0402-LME-base-metals-lackluster-in-absence-of-Asian-trading-nickel-price-holds.htmlMon, 04 Feb 2019 10:57:00 GMTIRON ORE DAILY: Iron ore prices flat amid holiday in ChinaSeaborne iron ore prices were flat on Monday February 4 as the global market’s biggest buyer, China, started its week-long Lunar New Year holiday.http://www.metalbulletin.com/Article/3857026/IRON-ORE-DAILY-Iron-ore-prices-flat-amid-holiday-in-China.htmlMon, 04 Feb 2019 10:51:00 GMTGLOBAL ANTIMONY WRAP: Market slows down ahead of Lunar New Year The global antimony market was quiet in the week ended Friday February 1 with trading slowing down ahead of the Lunar New Year. http://www.metalbulletin.com/Article/3857031/GLOBAL-ANTIMONY-WRAP-Market-slows-down-ahead-of-Lunar-New-Year.htmlMon, 04 Feb 2019 10:47:00 GMTNyrstar unlikely to have made a profit in Q4 2018, company warns on liquidityNyrstar is unlikely to have made a profit in the fourth quarter last year, according to details released by the company on Friday February 1. http://www.metalbulletin.com/Article/3857027/Nyrstar-unlikely-to-have-made-a-profit-in-Q4-2018-company-warns-on-liquidity.htmlMon, 04 Feb 2019 10:26:00 GMTCOKING COAL DAILY: Seaborne market quiet with China offSeaborne coking coal spot prices were stable on Monday February 4, amid a lull in trading with China off for Lunar New Year holiday.http://www.metalbulletin.com/Article/3857022/COKING-COAL-DAILY-Seaborne-market-quiet-with-China-off.htmlMon, 04 Feb 2019 09:50:00 GMTMETALS MORNING VIEW 04/02: Metals well placed to extend higherThree-month base metals prices on the London Metal Exchange were mixed this morning, Monday February 4, with copper down by 0.4% at $6,116 per tonne and zinc leading on the upside with a 0.6% gain. Aluminium, nickel and lead were all up by 0.2% and tin was little changed.http://www.metalbulletin.com/Article/3857010/METALS-MORNING-VIEW-0402-Metals-well-placed-to-extend-higher.htmlMon, 04 Feb 2019 08:22:00 GMTSales of Katanga’s 2019 cobalt production will be ‘mostly recognized’ in 2020Katanga Mining expects sales of cobalt produced at its Democratic Republic of Congo (DRC) mine in 2019 to be mostly recognized in 2020, while its exports of hydroxide remain suspended. http://www.metalbulletin.com/Article/3857001/Sales-of-Katangas-2019-cobalt-production-will-be-mostly-recognized-in-2020.htmlMon, 04 Feb 2019 03:02:00 GMTGlencore cobalt production up 54% in 2018 on Katanga restartGlencore’s cobalt production increased by 54% to 42,200 tonnes in 2018, up from 27,400 tonnes in 2017, the Switzerland-based trader-producer announced on Friday February 1.http://www.metalbulletin.com/Article/3857000/Glencore-cobalt-production-up-54-in-2018-on-Katanga-restart.htmlMon, 04 Feb 2019 02:48:00 GMTSILICON SNAPSHOT: Extremely low liquidity in Europe, China ahead of Lunar New Year keeps prices flatKey data from the pricing sessions in London and Shanghai on Friday February 1.http://www.metalbulletin.com/Article/3857006/SILICON-SNAPSHOT-Extremely-low-liquidity-in-Europe-China-ahead-of-Lunar-New-Year-keeps-prices-flat.htmlMon, 04 Feb 2019 02:30:00 GMTTrade log February 2019: Ferro-vanadium and V2O5 The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China. http://www.metalbulletin.com/Article/3857002/Trade-log-February-2019-Ferro-vanadium-and-V2O5.htmlMon, 04 Feb 2019 01:27:00 GMTGLOBAL BILLET WRAP: Prices rise on higher raw materials costsBillet prices increased last week in the Commonwealth of Independent States (CIS), Turkey, Southeast Asia and most other regions due to rising scrap costs. http://www.metalbulletin.com/Article/3856988/GLOBAL-BILLET-WRAP-Prices-rise-on-higher-raw-materials-costs.htmlMon, 04 Feb 2019 00:01:00 GMTWEEKLY SCRAP WRAP: Global scrap prices rise on restocking demandGlobal scrap prices pushed upward during the working week from Monday January 28 to Friday February 1, driven by heightened demand due to restocking activity from steel mills worldwide. http://www.metalbulletin.com/Article/3856967/WEEKLY-SCRAP-WRAP-Global-scrap-prices-rise-on-restocking-demand.htmlFri, 01 Feb 2019 21:07:00 GMTBATTERY RAW MATERIALS MARKET REPORT 01/02: Cobalt sulfate holds premium after metal plummets in JanuaryAn overview of the battery raw materials markets and their price moves from the past week. http://www.metalbulletin.com/Article/3856973/BATTERY-RAW-MATERIALS-MARKET-REPORT-0102-Cobalt-sulfate-holds-premium-after-metal-plummets-in-January.htmlFri, 01 Feb 2019 18:58:00 GMTEUROPE STAINLESS STEEL: Lower February surcharges not applied as transaction prices stay flatDespite the fact that European steel mills published significantly lower alloy surcharges to come into effect on Friday February 1, prices have remained unchanged, Fastmarkets has heard. http://www.metalbulletin.com/Article/3856975/EUROPE-STAINLESS-STEEL-Lower-February-surcharges-not-applied-as-transaction-prices-stay-flat.htmlFri, 01 Feb 2019 18:28:00 GMTLIVE FUTURES REPORT 01/02: LME base metals prices end week higher in mixed trading; Al holds below $1,900/tBase metals prices on the London Metal Exchange were mixed at the close of trading on Friday February 1, with most futures prices ending the week higher amid continued weakness in the US dollar index and LME stock drawdowns. http://www.metalbulletin.com/Article/3856972/LIVE-FUTURES-REPORT-0102-LME-base-metals-prices-end-week-higher-in-mixed-trading-Al-holds-below-1900t.htmlFri, 01 Feb 2019 18:16:00 GMTBrazilian justice freezes $3.44 bln from Vale's resources after dam failureCourts in Brazil have ruled that up to 12.6 billion Reais ($3.44 billion) of Vale’s assets and resources will be frozen after the rupture of a tailings dam at Vale’s Córrego do Feijão iron ore mine, the miner stated on Friday February 1.http://www.metalbulletin.com/Article/3856906/Brazilian-justice-freezes-344-bln-from-Vales-resources-after-dam-failure.htmlFri, 01 Feb 2019 18:00:00 GMTUK SCRAP: Light iron prices increase on tighter availabilityLight iron steel scrap prices in the United Kingdom increased for the second consecutive week on tighter availability because collection rates have dropped off amid freezing temperatures in the week to Friday February 1. http://www.metalbulletin.com/Article/3856800/UK-SCRAP-Light-iron-prices-increase-on-tighter-availability.htmlFri, 01 Feb 2019 17:52:00 GMTEUROPE ALLOY STEEL SCRAP: Prices firm on higher nickel, molybdenum costsAlloy steel scrap prices in Europe increased in the week ended Friday February 1 because of higher costs for nickel and molybdenum. http://www.metalbulletin.com/Article/3856936/EUROPE-ALLOY-STEEL-SCRAP-Prices-firm-on-higher-nickel-molybdenum-costs.htmlFri, 01 Feb 2019 17:28:00 GMTLME outlines terms of electronic nickel trial; introduces TAS functionality The London Metal Exchange has outlined the terms in which it will conduct its electronic price discovery trial of nickel, introducing a trade-at-settlement (TAS) functionality and setting out a scheduled start date of March 18, the exchange said in a notice to members on Friday February 1. http://www.metalbulletin.com/Article/3856847/LME-outlines-terms-of-electronic-nickel-trial-introduces-TAS-functionality.htmlFri, 01 Feb 2019 17:27:00 GMTINDIA IMPORT SCRAP: Prices continue rise after fresh dealsThe price of shredded ferrous-scrap imported into India went up again this week following deals being booked at higher prices, market participants said on Friday February 1.http://www.metalbulletin.com/Article/3856835/INDIA-IMPORT-SCRAP-Prices-continue-rise-after-fresh-deals.htmlFri, 01 Feb 2019 17:12:00 GMTGLOBAL CHROME SNAPSHOT: UG2 price into China up; Japan alloy price fallsKey data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 1.http://www.metalbulletin.com/Article/3856846/GLOBAL-CHROME-SNAPSHOT-UG2-price-into-China-up-Japan-alloy-price-falls.htmlFri, 01 Feb 2019 16:52:00 GMTPOLAND REBAR: Domestic prices stable but expected to riseDomestic prices for rebar in Poland have been stable over the past week, sources told Fastmarkets on Friday February 1. http://www.metalbulletin.com/Article/3856840/POLAND-REBAR-Domestic-prices-stable-but-expected-to-rise.htmlFri, 01 Feb 2019 16:52:00 GMTMINOR METALS MARKET REPORT 01/02: Bismuth continues to move higher; weak demand pressures selenium lowerAn overview of the minor metals markets and the reasons for any price moves. http://www.metalbulletin.com/Article/3856841/MINOR-METALS-MARKET-REPORT-0102-Bismuth-continues-to-move-higher-weak-demand-pressures-selenium-lower.htmlFri, 01 Feb 2019 16:42:00 GMTDAILY SCRAP REPORT: Mills quiet as bumper buying week endsTurkish deep-sea scrap import prices were unchanged on Friday February 1, with no new bookings on the day after a large volume of material was booked earlier in the week, sources told Fastmarkets. http://www.metalbulletin.com/Article/3856833/DAILY-SCRAP-REPORT-Mills-quiet-as-bumper-buying-week-ends.htmlFri, 01 Feb 2019 16:25:00 GMTTURKEY FLAT STEEL: Prices increase, more increases expectedSteel coil prices in Turkey increased again this week because of the high cost of scrap alongside other global price increases, with more increases expected, sources told Fastmarkets on Friday February 1.http://www.metalbulletin.com/Article/3856770/TURKEY-FLAT-STEEL-Prices-increase-more-increases-expected.htmlFri, 01 Feb 2019 16:25:00 GMTLIVE FUTURES REPORT 01/02: Comex copper price dips in final sessionThe price of copper on the Comex exchange in the United States edged lower in the final session of trading on Friday February 1, with the market awaiting further news on US-China trade talks. http://www.metalbulletin.com/Article/3856830/LIVE-FUTURES-REPORT-0102-Comex-copper-price-dips-in-final-session.htmlFri, 01 Feb 2019 16:18:00 GMTIndian mills to raise domestic HRC prices by $14 per tonne for FebruaryIndian mills are likely to increase their domestic prices for hot-rolled coil (HRC) in February sales by about 1,000 rupees ($14) per tonne because of rising international HRC prices, particularly in China, Fastmarkets heard on Friday February 1. http://www.metalbulletin.com/Article/3856802/Indian-mills-to-raise-domestic-HRC-prices-by-14-per-tonne-for-February.htmlFri, 01 Feb 2019 16:00:00 GMTTURKEY COATED FLAT STEEL: Prices up but some producers close salesCoated steel prices in Turkey increased in the week ended Friday February 1, with some producers closing their sales books because they were short of the hot-rolled coil (HRC) base material. http://www.metalbulletin.com/Article/3856772/TURKEY-COATED-FLAT-STEEL-Prices-up-but-some-producers-close-sales.htmlFri, 01 Feb 2019 15:42:00 GMTCHINA MINOR METALS MARKET REPORT 01/02: Indium price drops 4% following Fanya indium stock auctionAn overview of the Chinese minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3856667/CHINA-MINOR-METALS-MARKET-REPORT-0102-Indium-price-drops-4-following-Fanya-indium-stock-auction.htmlFri, 01 Feb 2019 14:00:00 GMTChile's Codelco reaches labor agreement with two mining divisions Chilean copper producer Codelco has reached an agreement with the workers’ unions representing its Chuquicamata and Gabriela Mistral divisions, the miner said on Thursday January 31. http://www.metalbulletin.com/Article/3856711/Chiles-Codelco-reaches-labor-agreement-with-two-mining-divisions.htmlFri, 01 Feb 2019 13:44:00 GMTGLOBAL LITHIUM WRAP: China lithium market stagnant before Lunar New YearChina’s domestic battery-grade lithium-carbonate spot price remained stable this week, while the transportation of lithium compounds stopped ahead of the Lunar New Year holiday (February 4-10).http://www.metalbulletin.com/Article/3856694/GLOBAL-LITHIUM-WRAP-China-lithium-market-stagnant-before-Lunar-New-Year.htmlFri, 01 Feb 2019 13:10:00 GMTAsian ferrous scrap prices up again on iron ore surge, urgent restockingAsian ferrous scrap prices are riding on surges in iron ore prices and much-needed restocking activity by steel mills and are continuing on an upward trend, Fastmarkets heard on Friday February 1. http://www.metalbulletin.com/Article/3856655/Asian-ferrous-scrap-prices-up-again-on-iron-ore-surge-urgent-restocking.htmlFri, 01 Feb 2019 12:35:00 GMTIRON ORE DAILY: Strength of futures persists on last trading day of Lunar 2018Physical iron ore trading largely stopped on Friday February 1, although the futures and swaps markets continued to show gains. http://www.metalbulletin.com/Article/3856699/IRON-ORE-DAILY-Strength-of-futures-persists-on-last-trading-day-of-Lunar-2018.htmlFri, 01 Feb 2019 12:21:00 GMTINTERVIEW: Steel raw material prices to dip in 2019 - Fastmarkets MB analyst Falk Market participants will take a cautious stance on steel raw materials in 2019, with the possibly of falling iron ore and coking coal prices hanging over the market, Fastmarkets MB analyst Miriam Falk said. http://www.metalbulletin.com/Article/3856670/INTERVIEW-Steel-raw-material-prices-to-dip-in-2019-Fastmarkets-MB-analyst-Falk.htmlFri, 01 Feb 2019 12:05:00 GMTSHFE STOCKS REPORT 01/02: Copper, zinc stocks up amid thin trading before LNYCopper and zinc stocks at Shanghai Futures Exchange-approved warehouses were up week on week on Friday February 1 despite thin trading ahead of the Lunar New Year holiday, while other base metals stocks were little changed.http://www.metalbulletin.com/Article/3856681/SHFE-STOCKS-REPORT-0102-Copper-zinc-stocks-up-amid-thin-trading-before-LNY.htmlFri, 01 Feb 2019 11:50:00 GMTTURKEY LONG STEEL: Local rebar, billet prices keep climbing despite limited demandTurkish domestic rebar and billet prices continued to rise this week in response to rising deep-sea scrap costs, although demand for steel was weak due to the seasonal slowdown in the country's construction sector. http://www.metalbulletin.com/Article/3856664/TURKEY-LONG-STEEL-Local-rebar-billet-prices-keep-climbing-despite-limited-demand.htmlFri, 01 Feb 2019 11:23:00 GMTLIVE FUTURES REPORT 01/02: LME base metals prices lackluster on weak Chinese data; copper falls 1% Base metals prices on the London Metal Exchange consolidated lower during morning trading on Friday February 1, hampered by weaker-than-expected Chinese PMI data and while the Chinese New Year holiday next week kept Asian markets idle. http://www.metalbulletin.com/Article/3856690/LIVE-FUTURES-REPORT-0102-LME-base-metals-prices-lackluster-on-weak-Chinese-data-copper-falls-1.htmlFri, 01 Feb 2019 11:08:00 GMTCOKING COAL DAILY: Prices flat amid uncertainties over Chinese port restrictionsThere was little activity in the seaborne coking coal market on Friday February 1 amid uncertainties following the emergence of new import restrictions at ports in northeastern China. http://www.metalbulletin.com/Article/3856680/COKING-COAL-DAILY-Prices-flat-amid-uncertainties-over-Chinese-port-restrictions.htmlFri, 01 Feb 2019 10:53:00 GMTShanghai-bonded base metal stocks rise on sustained import losses; zinc inventory boosted by bullish short-term outlook Copper stocks at Shanghai-bonded warehouses rose again in January after sustained losses in the import arbitrage between London and Shanghai, while a relatively bullish outlook on Chinese zinc demand after the Lunar New Year holiday led to an uptick in shipments of zinc cargoes into the bonded zone. http://www.metalbulletin.com/Article/3856656/Shanghai-bonded-base-metal-stocks-rise-on-sustained-import-losses-zinc-inventory-boosted-by-bullish.htmlFri, 01 Feb 2019 10:48:00 GMTTURKEY LONG STEEL, BILLET EXPORTS: Mills push prices up further despite customer resistanceTurkish producers of steel billet, rebar and wire rod continued to increase prices for foreign customers following the uptrend in imported scrap values - despite customers appearing unwilling to accept any rises. http://www.metalbulletin.com/Article/3856663/TURKEY-LONG-STEEL-BILLET-EXPORTS-Mills-push-prices-up-further-despite-customer-resistance.htmlFri, 01 Feb 2019 10:07:00 GMTCHINA HRC: Market winds down for Chinese New YearChina’s hot-rolled coil prices remained flat on Friday February 1, with the market quietening down on the approaching Chinese New Year holiday next week. http://www.metalbulletin.com/Article/3856665/CHINA-HRC-Market-winds-down-for-Chinese-New-Year.htmlFri, 01 Feb 2019 09:45:00 GMTGLENCORE AT A GLANCE: 2018 full-year production results, 2019 guidanceA summary of Glencore’s production results for the year ended December 31, 2018, as well as its production guidance for 2019.http://www.metalbulletin.com/Article/3856661/GLENCORE-AT-A-GLANCE-2018-full-year-production-results-2019-guidance.htmlFri, 01 Feb 2019 09:45:00 GMTCHINA REBAR: Prices flat on pre-holiday lullChina’s rebar prices were unchanged on Friday February 1 with both the domestic and export markets at a virtual standstill due to next week’s Chinese New Year holiday. http://www.metalbulletin.com/Article/3856662/CHINA-REBAR-Prices-flat-on-pre-holiday-lull.htmlFri, 01 Feb 2019 09:25:00 GMTMETALS MORNING VIEW 01/02: Metals prices consolidate while poor Chinese PMI data weighs on sentimentFurther weakness in China’s Caixin manufacturing purchasing managers’ index (PMI), that fell to 48.3 in January from 49.7 in the prior month, was enough to dent confidence in the base metals market this morning, Friday February 1, with prices for the most part weaker as a result. http://www.metalbulletin.com/Article/3856660/METALS-MORNING-VIEW-0102-Metals-prices-consolidate-while-poor-Chinese-PMI-data-weighs-on-sentiment.htmlFri, 01 Feb 2019 09:00:00 GMTChina AM: Coking coal, coke futures rise furtherChina’s coking coal and coke futures posted the largest gains during morning trading on Friday February 1.http://www.metalbulletin.com/Article/3856652/China-AM-Coking-coal-coke-futures-rise-further.htmlFri, 01 Feb 2019 06:15:00 GMTChina's crude stainless steel output hits new high in 2018China’s crude stainless steel output rose 3.6% to a new high in 2018, according to data released by the China Stainless Steel Council.http://www.metalbulletin.com/Article/3856651/Chinas-crude-stainless-steel-output-hits-new-high-in-2018.htmlFri, 01 Feb 2019 05:40:00 GMTLIVE FUTURES REPORT 01/02: SHFE base metals prices rangebound ahead of China’s week-long holidayBase metals prices on the Shanghai Futures Exchange were mixed within narrow ranges during Asian morning trading on Friday February 1, the last trading day ahead of the Chinese New Year holidays on February 4-10. http://www.metalbulletin.com/Article/3856650/LIVE-FUTURES-REPORT-0102-SHFE-base-metals-prices-rangebound-ahead-of-Chinas-week-long-holiday.htmlFri, 01 Feb 2019 04:30:00 GMTChina’s Shagang raises long steel prices for early to mid-FebruaryEastern China’s Shagang has increased the prices for its long steel products for orders booked in the first 20 days of February.http://www.metalbulletin.com/Article/3856649/Chinas-Shagang-raises-long-steel-prices-for-early-to-mid-February.htmlFri, 01 Feb 2019 03:28:00 GMTChina’s daily crude steel output drops in mid-JanuaryMajor Chinese mills’ daily crude steel output decreased slightly in mid-January, while finished steel inventories increased significantly.http://www.metalbulletin.com/Article/3856648/Chinas-daily-crude-steel-output-drops-in-mid-January.htmlFri, 01 Feb 2019 02:54:00 GMTCIS PIG IRON: Market confused by opposing price trends in raw materials, HRCThe pig iron export market in the Commonwealth of Independent States (CIS) was confused by the opposing price directions taken by the raw materials and finished steel products markets during the week ended Thursday January 31. http://www.metalbulletin.com/Article/3856615/CIS-PIG-IRON-Market-confused-by-opposing-price-trends-in-raw-materials-HRC.htmlThu, 31 Jan 2019 19:30:00 GMTLIVE FUTURES REPORT 31/01: LME base metals tick higher on positive trade sentiment; copper closes above $6,100Base metals prices on the London Metal Exchange were collectively higher day on day at the close of trading on Thursday January 31, with a softer US dollar and improved trade sentiment supporting commodity investment. http://www.metalbulletin.com/Article/3856616/LIVE-FUTURES-REPORT-3101-LME-base-metals-tick-higher-on-positive-trade-sentiment-copper-closes-above.htmlThu, 31 Jan 2019 18:58:00 GMTTrade log January 2019: Lithium Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets. http://www.metalbulletin.com/Article/3852266/Trade-log-January-2019-Lithium.htmlThu, 31 Jan 2019 17:06:00 GMTCIS STEEL BILLET: Market firms after North African customers accept higher pricesThe price of billet in the Commonwealth of Independent States’ (CIS) market firmed by the end of the week, while customers in North Africa accepted higher levels in deals.http://www.metalbulletin.com/Article/3856577/CIS-STEEL-BILLET-Market-firms-after-North-African-customers-accept-higher-prices.htmlThu, 31 Jan 2019 16:55:00 GMTEUROPE HDG: Domestic prices reach ‘bottom’Domestic prices for hot-dipped galvanized (HDG) coil in Europe resumed their downward trend this week, but have now “reached the bottom,” sources told Fastmarkets. http://www.metalbulletin.com/Article/3856497/EUROPE-HDG-Domestic-prices-reach-bottom.htmlThu, 31 Jan 2019 16:45:00 GMTDAILY SCRAP REPORT: Prices inch down on more bookings Turkish deep-sea scrap import prices moved down on Thursday January 31 following more bookings done at slightly lower levels, sources told Fastmarkets.http://www.metalbulletin.com/Article/3856578/DAILY-SCRAP-REPORT-Prices-inch-down-on-more-bookings.htmlThu, 31 Jan 2019 16:12:00 GMTLIVE FUTURES REPORT 31/01: Comex copper extends rally, US stocks upComex copper prices moved higher on Thursday morning in the United States, with an improving macroeconomic backdrop lifting the entire base metals complex.http://www.metalbulletin.com/Article/3856549/LIVE-FUTURES-REPORT-3101-Comex-copper-extends-rally-US-stocks-up.htmlThu, 31 Jan 2019 15:36:00 GMTEuropean molybdenum markets extend gainsEuropean molybdenum prices rose this trading this week, with both molybdenum oxide and ferro-molybdenum prices paring almost all losses so far this year, with higher oxide offer prices behind the rise in the alloy market.http://www.metalbulletin.com/Article/3856494/European-molybdenum-markets-extend-gains.htmlThu, 31 Jan 2019 15:30:00 GMTEGYPT STEEL BILLET, REBAR: Billet import prices rise, rebar prices to follow soonSteel billet import prices in Egypt increased this week on higher offers, and the market is expecting rebar prices to increase as well, sources told Fastmarkets on Thursday January 31. http://www.metalbulletin.com/Article/3856466/EGYPT-STEEL-BILLET-REBAR-Billet-import-prices-rise-rebar-prices-to-follow-soon.htmlThu, 31 Jan 2019 14:00:00 GMTIRON ORE DAILY: Prices rise to $85 per tonne on bullish Brazilian finesSeaborne iron ore prices jumped above $85 per tonne cfr China on Thursday January 31, with deals for Brazilian fines closing at higher levels after Vale's decision to reduce the output of its southern systems. http://www.metalbulletin.com/Article/3856460/IRON-ORE-DAILY-Prices-rise-to-85-per-tonne-on-bullish-Brazilian-fines.htmlThu, 31 Jan 2019 13:55:00 GMTUS ferro-titanium major says no impact on output from fireUS titanium producer Global Titanium, which is based in Detroit, Michigan, has suffered no impact to production after a fire at its plant earlier this month.http://www.metalbulletin.com/Article/3856457/US-ferro-titanium-major-says-no-impact-on-output-from-fire.htmlThu, 31 Jan 2019 12:25:00 GMTIndonesian stainless steel exports to rise further this year after surge in 2018Indonesia’s stainless hot-rolled coil exports are expected to rise further in 2019 after nearly tripling in the first three quarters of 2018. http://www.metalbulletin.com/Article/3856449/Indonesian-stainless-steel-exports-to-rise-further-this-year-after-surge-in-2018.htmlThu, 31 Jan 2019 12:19:00 GMTLIVE FUTURES REPORT 31/01: LME zinc price breaches $2,700/t in high-volume tradingZinc gained more than 1% in morning trading on the London Metal Exchange on Thursday January 31, breaching technical support at its 100 DMA for the first time since July 2018 amid continued stock drawdowns and cancelations. http://www.metalbulletin.com/Article/3856448/LIVE-FUTURES-REPORT-3101-LME-zinc-price-breaches-2700t-in-high-volume-trading.htmlThu, 31 Jan 2019 11:51:00 GMTFOCUS: Zinc’s 2019 price prospects hinge on Chinese smelting bottleneck In Zhuzhou - former home of China’s top zinc smelter - the skies aren’t exactly blue, but they’re starting to clear up. http://www.metalbulletin.com/Article/3856441/FOCUS-Zincs-2019-price-prospects-hinge-on-Chinese-smelting-bottleneck.htmlThu, 31 Jan 2019 11:20:00 GMTIranian billet exporters push up prices after uptick in global market Iranian export billet prices picked up over the past week as suppliers managed to achieve higher sales prices amid the uptick in the global billet market. http://www.metalbulletin.com/Article/3856445/Iranian-billet-exporters-push-up-prices-after-uptick-in-global-market.htmlThu, 31 Jan 2019 11:06:00 GMTCOKING COAL DAILY: Port restrictions in northeast China dampen sentiment The seaborne coking coal spot market quietened down on Thursday January 31 amid a softening of sentiment in China, where import restrictions have emerged at ports in the country’s northeastern region.http://www.metalbulletin.com/Article/3856443/COKING-COAL-DAILY-Port-restrictions-in-northeast-China-dampen-sentiment.htmlThu, 31 Jan 2019 10:50:00 GMTCHINA HRC: Market stands still ahead of holiday China’s hot-rolled coil prices were unchanged on Thursday January 31, with few participants still active in both the domestic and export markets ahead of the Chinese New Year holiday next week.http://www.metalbulletin.com/Article/3856438/CHINA-HRC-Market-stands-still-ahead-of-holiday.htmlThu, 31 Jan 2019 10:04:00 GMTSHFE vs LME physical arbitrage 31/01: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Thursday January 31 *http://www.metalbulletin.com/Article/3856437/SHFE-vs-LME-physical-arbitrage-3101-Copper-aluminium-zinc-nickel.htmlThu, 31 Jan 2019 09:52:00 GMTEUROPE HRC: Domestic prices inch down on slow tradingDomestic prices for hot-rolled coil (HRC) in Europe have moved down slightly over the week due to slow trading, sources told Fastmarkets. http://www.metalbulletin.com/Article/3856435/EUROPE-HRC-Domestic-prices-inch-down-on-slow-trading.htmlThu, 31 Jan 2019 09:40:00 GMTPRICING NOTICE: Proposal to increase frequency of Fastmarkets MB iron ore VIU indicesFastmarkets MB is seeking feedback on a proposal to begin publishing on a weekly basis its value-in-use (VIU) indices for the market-implied value impact of 1% iron, silica and alumina, and 0.01% phosphorus on the price of iron ore. Depending on market feedback, this proposal would be implemented from Monday March 4.http://www.metalbulletin.com/Article/3856431/PRICING-NOTICE-Proposal-to-increase-frequency-of-Fastmarkets-MB-iron-ore-VIU-indices.htmlThu, 31 Jan 2019 09:40:00 GMTCHINA REBAR: Domestic prices unchanged for a fourth dayChina’s domestic rebar prices were unchanged for a fourth day on Thursday January 31, while export prices were also flat for a third due to little activity ahead of the Chinese New Year holiday next week. http://www.metalbulletin.com/Article/3856434/CHINA-REBAR-Domestic-prices-unchanged-for-a-fourth-day.htmlThu, 31 Jan 2019 09:29:00 GMTMETALS MORNING VIEW 31/01: Metals’ price rallies gain momentumA dovish US Federal Reserve stance, a weaker dollar and a firmer Chinese yuan, which may indicate confidence in US-China trade talks, are all helping to underpin the three-month base metals prices on the London Metal Exchange this morning, Thursday January 31.http://www.metalbulletin.com/Article/3856433/METALS-MORNING-VIEW-3101-Metals-price-rallies-gain-momentum.htmlThu, 31 Jan 2019 09:25:00 GMTA NEW DIMENSION: Why the launch of the SGX 65% Fe iron ore derivatives marks the next phase of evolution for the marketThe recent launch of 65% Fe iron ore derivatives on the Singapore Exchange (SGX) marked an important step in the evolution of the modern iron ore market, allowing industry participants to manage exposure to future fluctuations in the prices of high-grade products.http://www.metalbulletin.com/Article/3856220/A-NEW-DIMENSION-Why-the-launch-of-the-SGX-65-Fe-iron-ore-derivatives-marks-the-next-phase-of.htmlThu, 31 Jan 2019 07:55:00 GMTChina AM: Ferrous futures log third morning of gainsChina’s ferrous futures rose across the board for a third consecutive morning on Thursday January 31, with the rebar and coking coal contract taking the lead.http://www.metalbulletin.com/Article/3856426/China-AM-Ferrous-futures-log-third-morning-of-gains.htmlThu, 31 Jan 2019 06:23:00 GMTLIVE FUTURES REPORT 31/01: SHFE base metals prices broadly push up on weak US dollar, easing trade tensionsBase metals prices on the Shanghai Futures Exchange were mostly up during Asian morning trading on Thursday January 31, supported by easing trade tensions and a softer dollar.http://www.metalbulletin.com/Article/3856428/LIVE-FUTURES-REPORT-3101-SHFE-base-metals-prices-broadly-push-up-on-weak-US-dollar-easing-trade.htmlThu, 31 Jan 2019 04:50:00 GMTBushveld rides vanadium wave to strong 2018 profitsBushveld Minerals Ltd increased annual revenues from vanadium mining by 142.7% in 2018 to $192.2 million on higher vanadium prices, the integrated South African producer announced on Wednesday January 30.http://www.metalbulletin.com/Article/3856410/Bushveld-rides-vanadium-wave-to-strong-2018-profits.htmlThu, 31 Jan 2019 02:35:00 GMTLIVE FUTURES REPORT 30/01: LME nickel price continues higher; copper breaches $6,100/tNickel closed higher on the London Metal Exchange on Wednesday January 30 after peaking at an intraday high of $12,455 per tonne, its highest since October. http://www.metalbulletin.com/Article/3856381/LIVE-FUTURES-REPORT-3001-LME-nickel-price-continues-higher-copper-breaches-6100t.htmlWed, 30 Jan 2019 17:55:00 GMTGLOBAL NICKEL WRAP: Flat premiums in illiquid European market; China prepares for Lunar New Year holiday Nickel premiums in all regions assessed by Fastmarkets were stable week on week on Tuesday January 29 in quiet trading conditions relating to macroeconomic uncertainty as well as market participants retreating for Lunar New Year. http://www.metalbulletin.com/Article/3856167/GLOBAL-NICKEL-WRAP-Flat-premiums-in-illiquid-European-market-China-prepares-for-Lunar-New-Year.htmlWed, 30 Jan 2019 17:53:00 GMTVale's dam failure will not influence decision on Alunorte, sources sayThe disaster caused by Vale’s dam rupturing in the Brazilian state of Minas Gerais has no connection to the issue surrounding Norsk Hydro’s alumina refinery Alunorte and will probably not stall its return to 100% capacity, market observers told Fastmarkets during the week.http://www.metalbulletin.com/Article/3856307/Vales-dam-failure-will-not-influence-decision-on-Alunorte-sources-say.htmlWed, 30 Jan 2019 17:30:00 GMTMINOR METALS MARKET REPORT 30/01: Bismuth finds support; selenium continues downtrendAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3856348/MINOR-METALS-MARKET-REPORT-3001-Bismuth-finds-support-selenium-continues-downtrend.htmlWed, 30 Jan 2019 17:27:00 GMTEUROPE SECTIONS: Market stable ahead of import quota renewalA lack of new business kept the prices of hollow steel sections in Europe unchanged on Wednesday January 30 although market sentiment has been mixed, participants told Fastmarkets MB.http://www.metalbulletin.com/Article/3856310/EUROPE-SECTIONS-Market-stable-ahead-of-import-quota-renewal.htmlWed, 30 Jan 2019 17:23:00 GMTEUROPE WIRE ROD: Market flat amid fears new EC annual quotas will be filled immediatelyEuropean prices for mesh-quality wire rod stayed flat across the continent on Wednesday January 30, with market activity almost at a standstill ahead of the imposition by the European Commission (EC) of new import quotas next month. http://www.metalbulletin.com/Article/3856347/EUROPE-WIRE-ROD-Market-flat-amid-fears-new-EC-annual-quotas-will-be-filled-immediately.htmlWed, 30 Jan 2019 17:08:00 GMTSOUTHERN EUROPE REBAR: Market flat again but rises expected in FebruaryThe price for rebar produced and delivered in Southern Europe remained stable on Wednesday January 30, with no new deals reported while market participants waited for a final proposal from the European Commission (EC) on its 2019 safeguarding import quotas. http://www.metalbulletin.com/Article/3856346/SOUTHERN-EUROPE-REBAR-Market-flat-again-but-rises-expected-in-February.htmlWed, 30 Jan 2019 16:54:00 GMTEUROPE BEAMS: Prices stable on unchanged market conditionsDomestic prices for steel beams in Europe were unchanged on Wednesday January 30, with market conditions remaining stable this week, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3856313/EUROPE-BEAMS-Prices-stable-on-unchanged-market-conditions.htmlWed, 30 Jan 2019 16:38:00 GMTGLOBAL TIN WRAP: European premiums fall from September 2016-high; US, Chinese premiums flat The European tin premium dropped by $35 on the midpoint in the week ended Tuesday January 29 following a 1,000 tonne delivery to London Metal Exchange sheds, while other regional premiums were unchanged week on week in quiet markets. http://www.metalbulletin.com/Article/3856238/GLOBAL-TIN-WRAP-European-premiums-fall-from-September-2016-high-US-Chinese-premiums-flat.htmlWed, 30 Jan 2019 16:30:00 GMTDAILY SCRAP REPORT: Prices rise on latest burst of new bookingsTurkish deep-sea scrap import prices went up on Wednesday January 30 following another burst of fresh bookings completed at higher prices, sources told Fastmarkets. http://www.metalbulletin.com/Article/3856274/DAILY-SCRAP-REPORT-Prices-rise-on-latest-burst-of-new-bookings.htmlWed, 30 Jan 2019 16:25:00 GMTFOCUS: Five questions about manganese ore positioning Fresh reports are emerging of traders taking positions in the manganese ore market, sparking reminders of speculation-led rallies that occurred in previous years. http://www.metalbulletin.com/Article/3856268/FOCUS-Five-questions-about-manganese-ore-positioning.htmlWed, 30 Jan 2019 15:29:00 GMTIRON ORE DAILY: Vale’s predicted production cuts send prices above $80 per tonneSeaborne iron ore prices surged above $80 per tonne on Wednesday January 30 amid market bullishness after Vale announced production cuts of 40 million tonnes per year due to the decommissioning of all its upstream tailings dams in Brazil. http://www.metalbulletin.com/Article/3856229/IRON-ORE-DAILY-Vales-predicted-production-cuts-send-prices-above-80-per-tonne.htmlWed, 30 Jan 2019 13:58:00 GMTDAVIES ON ORES: Some brighter spots for manganese after a dismal January Manganese ore prices are showing signs of recovery after a poor start to 2019 that was blamed largely on bearish sentiment around silico-manganese and steel markets in China.http://www.metalbulletin.com/Article/3856219/DAVIES-ON-ORES-Some-brighter-spots-for-manganese-after-a-dismal-January.htmlWed, 30 Jan 2019 12:59:00 GMTGLOBAL ZINC & LEAD WRAP: Italian zinc premiums rise on low stocks; Indian lead premiums softenZinc premiums in most regions were unchanged week-on-week amid sluggish demand, but a recovery was seen in the Italian market as low stocks buoyed prices ahead of the arrival of new shipments. Meanwhile, Indian lead premiums dipped on the futures price uptick on the London Metal Exchange (LME).http://www.metalbulletin.com/Article/3856168/GLOBAL-ZINC-and-LEAD-WRAP-Italian-zinc-premiums-rise-on-low-stocks-Indian-lead-premiums-soften.htmlWed, 30 Jan 2019 12:09:00 GMTLIVE FUTURES REPORT 30/01: LME nickel price continues uptrend; copper breaches $6,100/t amid 12.5kt fresh cancelation Nickel’s three-month price on the London Metal Exchange continued its strong performance during morning trading on Wednesday January 30, moving past $12,300 per tonne for the first time since October 2018 amid a continued drawdown in LME supply. http://www.metalbulletin.com/Article/3856211/LIVE-FUTURES-REPORT-3001-LME-nickel-price-continues-uptrend-copper-breaches-6100t-amid-125kt-fresh.htmlWed, 30 Jan 2019 11:12:00 GMTGLOBAL COPPER WRAP: US premium steady despite 25kt copper cancelation; Shanghai premiums stable on closed arb ahead of holiday The US copper premium remained at a multi-year high this week, with a significant stock cancelation at the LME’s New Orleans warehouses failing to nudge it even higher; the Chinese cathode market was quiet before the Lunar New Year holiday and due to a negative import arbitrage. http://www.metalbulletin.com/Article/3856191/GLOBAL-COPPER-WRAP-US-premium-steady-despite-25kt-copper-cancelation-Shanghai-premiums-stable-on.htmlWed, 30 Jan 2019 10:53:00 GMTCHINA HRC: Prices get boost from iron ore scurryChina’s hot-rolled coil prices spiked on Wednesday January 30 despite sellers winding down ahead of the Chinese New Year break, with developments in the iron ore market providing some upward momentum.http://www.metalbulletin.com/Article/3856173/CHINA-HRC-Prices-get-boost-from-iron-ore-scurry.htmlWed, 30 Jan 2019 10:41:00 GMTCOKING COAL DAILY: Bids picking up in seaborne marketThe seaborne coking coal market strengthened further on Wednesday January 30 amid an emergence of higher bids.http://www.metalbulletin.com/Article/3856197/COKING-COAL-DAILY-Bids-picking-up-in-seaborne-market.htmlWed, 30 Jan 2019 10:35:00 GMTMETALS MORNING VIEW 30/01: Metals looking brighter ahead of US-China trade talksThree-month base metals prices on the London Metal Exchange were for the most part still consolidating the gains seen at the end of last week, following weakness on Monday January 28, an up day on Tuesday, and now awaiting further direction.http://www.metalbulletin.com/Article/3856171/METALS-MORNING-VIEW-3001-Metals-looking-brighter-ahead-of-US-China-trade-talks.htmlWed, 30 Jan 2019 09:46:00 GMTCHINA REBAR: Prices unchanged amid rapid fluctuations in the futures marketChina’s rebar prices remained stable on Wednesday January 30 in both the domestic and export markets, while there were significant changes in the futures market. http://www.metalbulletin.com/Article/3856170/CHINA-REBAR-Prices-unchanged-amid-rapid-fluctuations-in-the-futures-market.htmlWed, 30 Jan 2019 09:41:00 GMTIron ore prices expected to see short-term gains after Vale flags 40m-ton-per-year production impactIron ore prices are set for short-term gains following Brazilian miner Vale SA’s announcement early on Wednesday January 30 to decommission all of its upstream dams over the next three years, a move that will have a production impact of 40 million tons per year or around 10% of the miner’s projected output for 2019.http://www.metalbulletin.com/Article/3856164/Iron-ore-prices-expected-to-see-short-term-gains-after-Vale-flags-40m-ton-per-year-production-impact.htmlWed, 30 Jan 2019 09:00:00 GMT2019 PREVIEW: Asia's billet supply set to rise despite weak market, stiff competitionPrices for steel billet in Asia are likely to come under greater pressure in 2019 with demand for it as well as downstream long steel products expected to stay subdued amid an impending surge in new supply, sources told Fastmarkets MB. http://www.metalbulletin.com/Article/3855982/2019-PREVIEW-Asias-billet-supply-set-to-rise-despite-weak-market-stiff-competition.htmlWed, 30 Jan 2019 08:37:00 GMTGLOBAL ALUMINIUM WRAP: Global premiums mostly unchanged after Rusal sanctions lifted; volatile spreads cause European rates to narrowAluminium premiums across the globe were mostly stable in the week ended Tuesday January 29, with market participants reporting limited impact from the lifting of sanctions against Russian producer UC Rusal. http://www.metalbulletin.com/Article/3856160/GLOBAL-ALUMINIUM-WRAP-Global-premiums-mostly-unchanged-after-Rusal-sanctions-lifted-volatile-spreads.htmlWed, 30 Jan 2019 07:18:00 GMTChina AM: Iron ore futures rise to daily limit on Vale announcement China’s steel futures surged during morning trading on Wednesday January 30, while the iron ore contract hit its upper limit of 6% compared with the previous day’s settlement price on news that Vale’s output of the steelmaking raw material could fall by a tenth following a tailings dam breach last week.http://www.metalbulletin.com/Article/3856161/China-AM-Iron-ore-futures-rise-to-daily-limit-on-Vale-announcement.htmlWed, 30 Jan 2019 06:21:00 GMTLIVE FUTURES REPORT 30/01: Trade optimism buoys most SHFE base metals prices; Zn, Pb softenBase metals prices on the Shanghai Futures Exchange were mostly up during Asian morning trading on Wednesday January 30, supported by improving market sentiment amid ongoing trade talks between China and the United States.http://www.metalbulletin.com/Article/3856159/LIVE-FUTURES-REPORT-3001-Trade-optimism-buoys-most-SHFE-base-metals-prices-Zn-Pb-soften.htmlWed, 30 Jan 2019 04:04:00 GMTSamarco, creditors fail to reach deal on debt restructuringBrazilian iron ore pellet producer Samarco and its creditors have not reached a debt restructuring agreement by the end of a scheduled deadline, according to documents disclosed by the company on Tuesday January 29.http://www.metalbulletin.com/Article/3856148/Samarco-creditors-fail-to-reach-deal-on-debt-restructuring.htmlWed, 30 Jan 2019 02:37:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 29/01A summary of base metals premiums from across the globe for the week to Tuesday January 29. http://www.metalbulletin.com/Article/3856125/WEEKLY-BASE-METAL-PREMIUMS-REPORT-2901.htmlTue, 29 Jan 2019 22:00:00 GMTLIVE FUTURES REPORT 29/01: LME nickel price surges 2.4% on falling LME inventory; Cu, Al push higherNickel’s three-month price on the London Metal Exchange soared more than 2% at the close of trading on Tuesday January 29, with the metal’s futures price now trading firmly above $12,000 per tonne against a backdrop of dwindling LME stocks.http://www.metalbulletin.com/Article/3856131/LIVE-FUTURES-REPORT-2901-LME-nickel-price-surges-24-on-falling-LME-inventory-Cu-Al-push-higher.htmlTue, 29 Jan 2019 18:05:00 GMT2019 PREVIEW: Three themes to watch out for in the minor metals markets Fastmarkets looks at key factors that are likely to influence minor metals prices in 2019. http://www.metalbulletin.com/Article/3855404/2019-PREVIEW-Three-themes-to-watch-out-for-in-the-minor-metals-markets.htmlTue, 29 Jan 2019 17:39:00 GMTRUSSIA FLAT STEEL: Shortage fears may push up pricesHot-rolled (HR) and cold-rolled (CR) steel sheet prices in Russia’s Central Federal District around Moscow may increase on talk of reduced availability, sources told Fastmarkets on Monday January 28. http://www.metalbulletin.com/Article/3856071/RUSSIA-FLAT-STEEL-Shortage-fears-may-push-up-prices.htmlTue, 29 Jan 2019 17:24:00 GMTGULF FLAT STEEL IMPORTS: Demand remains weak but some prices climbSome flat steel import prices in the United Arab Emirates and Saudi Arabia have increased over the past week, but demand has remained soft, sources said on Tuesday January 29. http://www.metalbulletin.com/Article/3856082/GULF-FLAT-STEEL-IMPORTS-Demand-remains-weak-but-some-prices-climb.htmlTue, 29 Jan 2019 17:07:00 GMTFORECAST: Market expects ferro-tungsten to trade in wider ranges in 2019 amid bearish outlook Ferro-tungsten prices will continue to trade in wider ranges this year amid a bearish outlook, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3856121/FORECAST-Market-expects-ferro-tungsten-to-trade-in-wider-ranges-in-2019-amid-bearish-outlook.htmlTue, 29 Jan 2019 17:06:00 GMTRUSSIA REBAR: Mills cut prices on low demandRebar suppliers to Russia’s Central Federal District, the major steel-consuming region in the country, have cut their prices because demand in the secondary market remains seasonally weak. http://www.metalbulletin.com/Article/3856023/RUSSIA-REBAR-Mills-cut-prices-on-low-demand.htmlTue, 29 Jan 2019 16:38:00 GMTDAILY SCRAP REPORT: Prices hold firm after latest bookingTurkish deep-sea scrap import prices remained flat on Tuesday January 29 after a confirmed booking for material from the United States, but deals for cargoes are expected to be agreed at higher prices in the coming days, sources said. http://www.metalbulletin.com/Article/3856079/DAILY-SCRAP-REPORT-Prices-hold-firm-after-latest-booking.htmlTue, 29 Jan 2019 16:12:00 GMTLIVE FUTURES REPORT 29/01: Comex copper price snaps back on softer dollar, trade talk optimism Comex copper prices bounced back in US morning trading on Tuesday January 29 amid a softening dollar and anticipation for the start of US and Chinese trade talks. http://www.metalbulletin.com/Article/3856077/LIVE-FUTURES-REPORT-2901-Comex-copper-price-snaps-back-on-softer-dollar-trade-talk-optimism.htmlTue, 29 Jan 2019 15:58:00 GMTGULF STEEL BILLET, REBAR: Billet import prices rise, rebar stableThe import price for steel billet in the United Arab Emirates increased this week on higher offers, sources told Fastmarkets on Tuesday January 29. http://www.metalbulletin.com/Article/3856073/GULF-STEEL-BILLET-REBAR-Billet-import-prices-rise-rebar-stable.htmlTue, 29 Jan 2019 15:40:00 GMTGLOBAL CHROME WRAP: Charge chrome, European high-carbon ferro-chrome prices tick up; markets stable Higher sales prices brought slight price increases to European high-carbon ferro-chrome and imported charge chrome in China in the week ended Friday January 25 amid low activity prior to the Chinese New Year holiday.http://www.metalbulletin.com/Article/3856036/GLOBAL-CHROME-WRAP-Charge-chrome-European-high-carbon-ferro-chrome-prices-tick-up-markets-stable.htmlTue, 29 Jan 2019 14:48:00 GMTGLOBAL FERRO-SILICON WRAP: Chinese domestic market holds; European price hits fresh lowThe domestic ferro-silicon market in China has been steady in the past week, consolidating a small recovery made the week before, amid low-key trading. In Europe, ferro-silicon prices fell to lows last seen in July 2017 when traders cut their offer prices to encourage buying interest amid slow demand. http://www.metalbulletin.com/Article/3856028/GLOBAL-FERRO-SILICON-WRAP-Chinese-domestic-market-holds-European-price-hits-fresh-low.htmlTue, 29 Jan 2019 14:48:00 GMTGLOBAL MANGANESE WRAP: Low-grade ore prices recover some losses in China, alloys stabilize Low-grade manganese ore prices showed signs of recovery in the week ended Friday January 25 while high-grade flattened amid increased liquidity ahead of Chinese New Year in early February. http://www.metalbulletin.com/Article/3856025/GLOBAL-MANGANESE-WRAP-Low-grade-ore-prices-recover-some-losses-in-China-alloys-stabilize.htmlTue, 29 Jan 2019 14:30:00 GMTIRON ORE DAILY: Prices increase despite limited Chinese buyingPhysical iron ore prices continued to advance toward $80 per tonne cfr on Tuesday January 29 despite limited trading activity in China while the Lunar New Year approaches.http://www.metalbulletin.com/Article/3856020/IRON-ORE-DAILY-Prices-increase-despite-limited-Chinese-buying.htmlTue, 29 Jan 2019 12:50:00 GMTFanya indium auction fails to attract bids; price pessimism clouds market The auction of some Fanya Metal Exchange indium stocks on Tuesday January 29 has failed to attract any bidders, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3856017/Fanya-indium-auction-fails-to-attract-bids-price-pessimism-clouds-market.htmlTue, 29 Jan 2019 12:13:00 GMTTata Steel restarts BF at Port Talbot plant in WalesTata Steel Europe has restarted its blast furnace (BF) No 5 at the Port Talbot mill in the UK following the facility’s upgrade that began in September last year, the company said on January 29.http://www.metalbulletin.com/Article/3855994/Tata-Steel-restarts-BF-at-Port-Talbot-plant-in-Wales.htmlTue, 29 Jan 2019 12:00:00 GMTLIVE FUTURES REPORT 29/01: Dollar weakness fuels uptick in LME base metals prices; zinc price well supported Base metals prices on the London Metal Exchange were collectively higher during morning trading on Tuesday January 29, with a slight downturn in the dollar index fueling buying momentum while volumes traded over the morning remain moderate. http://www.metalbulletin.com/Article/3856012/LIVE-FUTURES-REPORT-2901-Dollar-weakness-fuels-uptick-in-LME-base-metals-prices-zinc-price-well.htmlTue, 29 Jan 2019 10:49:00 GMTCOKING COAL DAILY: Further rise in cfr China prices send buyers to sidelinesSeaborne coking coal sold to China continued to fetch higher prices on Tuesday January 29 against expectations, sending most buyers to the sidelines. http://www.metalbulletin.com/Article/3855996/COKING-COAL-DAILY-Further-rise-in-cfr-China-prices-send-buyers-to-sidelines.htmlTue, 29 Jan 2019 10:30:00 GMTSHFE vs LME physical arbitrage 29/01: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday January 29 http://www.metalbulletin.com/Article/3856006/SHFE-vs-LME-physical-arbitrage-2901-Copper-aluminium-zinc-nickel.htmlTue, 29 Jan 2019 10:28:00 GMTCHINA HRC: Prices down in Shanghai amid pessimismEastern China’s hot-rolled coil prices dipped on worsening sentiment on Tuesday January 29, though the rest of the Chinese market remained largely flat on thin trading.http://www.metalbulletin.com/Article/3855985/CHINA-HRC-Prices-down-in-Shanghai-amid-pessimism.htmlTue, 29 Jan 2019 10:00:00 GMTChina’s CRC, HDG export prices flat in quiet market [CORRECTED]Export prices for Chinese cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) were unchanged over the past week amid sparse offers and a lack of trading, ahead of the country’s public holiday from February 4-10 for the Lunar New Year.http://www.metalbulletin.com/Article/3855983/Chinas-CRC-HDG-export-prices-flat-in-quiet-market-[CORRECTED].htmlTue, 29 Jan 2019 09:40:00 GMTPRICING NOTICE: Discontinuation of Antwerp, Vlissingen aluminium premiums Fastmarkets MB has today discontinued its aluminium premium assessments for Antwerp duty-paid and unpaid and Vlissingen duty-paid and unpaid. http://www.metalbulletin.com/Article/3855984/PRICING-NOTICE-Discontinuation-of-Antwerp-Vlissingen-aluminium-premiums.htmlTue, 29 Jan 2019 09:38:00 GMTCHINA REBAR: Prices flat amid sparse tradingChina’s rebar prices were flat on Tuesday January 29 in the both domestic and export markets amid low trading activity. http://www.metalbulletin.com/Article/3855981/CHINA-REBAR-Prices-flat-amid-sparse-trading.htmlTue, 29 Jan 2019 09:30:00 GMTFOCUS: Seaborne coking coal prices may surge after Lunar New YearSeaborne coking coal prices made their way back to the $200-per-tonne threshold just before the week-long Lunar New Year holiday begins in China, surprising some market participants.http://www.metalbulletin.com/Article/3855771/FOCUS-Seaborne-coking-coal-prices-may-surge-after-Lunar-New-Year.htmlTue, 29 Jan 2019 06:45:00 GMTChina AM: Ferrous futures rise across the boardChina’s steel and steelmaking raw materials futures rose during morning trading on Tuesday January 29. http://www.metalbulletin.com/Article/3855977/China-AM-Ferrous-futures-rise-across-the-board.htmlTue, 29 Jan 2019 06:40:00 GMTSlab import prices in Asia soften again on low demandImport prices for steel slab in Southeast Asia and East Asia have inched down further for a fourth consecutive week amid sluggish downstream markets.http://www.metalbulletin.com/Article/3855975/Slab-import-prices-in-Asia-soften-again-on-low-demand.htmlTue, 29 Jan 2019 04:25:00 GMTLIVE FUTURES REPORT 29/01: SHFE base metals consolidate negatively amid uncertainties on upcoming US-China trade talks, tin bucks the trendMost base metals prices on the Shanghai Futures Exchange saw a slightly negative bias during Asian morning trading on Tuesday January 29 as market participants awaited the outcome of the US-China trade talks on January 30-31, although tin bucked the trend amid ongoing supply concerns. http://www.metalbulletin.com/Article/3855978/LIVE-FUTURES-REPORT-2901-SHFE-base-metals-consolidate-negatively-amid-uncertainties-on-upcoming-US.htmlTue, 29 Jan 2019 04:10:00 GMTLIVE FUTURES REPORT 28/01: LME aluminium price falls 2.8% on Rusal sanction reliefAluminium’s three-month price on the London Metal Exchange fell by almost 3% at the close of trading on Monday January 28, continuing to trade at less than $1,900 per tonne while the rest of the complex followed lower. http://www.metalbulletin.com/Article/3855951/LIVE-FUTURES-REPORT-2801-LME-aluminium-price-falls-28-on-Rusal-sanction-relief.htmlMon, 28 Jan 2019 18:50:00 GMTCIS STEEL BILLET: Mills push offers up on support from scrap, iron ore pricesCIS billet producers started to indicate offer prices for March-rolling billet early in the week beginning Monday January 28, pushing prices further upward. http://www.metalbulletin.com/Article/3855947/CIS-STEEL-BILLET-Mills-push-offers-up-on-support-from-scrap-iron-ore-prices.htmlMon, 28 Jan 2019 18:04:00 GMTVale tailing dam failure affects prices, licensing - analysts sayThe failure of a tailing dam in Vale's Córrego do Feijão mine in Brazil's southeastern Minas Gerais state could hamper the mining licensing process and is already affecting iron ore prices, analysts said.http://www.metalbulletin.com/Article/3855946/Vale-tailing-dam-failure-affects-prices-licensing-analysts-say.htmlMon, 28 Jan 2019 17:45:00 GMTCIS FLAT STEEL: Market calm but expects higher prices for March-rollingThe export market for flat steel from the Commonwealth of Independent States (CIS) was calm during the week ended Monday January 28, because mills stayed out of the market while mulling a price increase. http://www.metalbulletin.com/Article/3855945/CIS-FLAT-STEEL-Market-calm-but-expects-higher-prices-for-March-rolling.htmlMon, 28 Jan 2019 17:42:00 GMTAluminium market awaits Rusal’s next move after sanction removal; premiums firm The aluminium market mainly shrugged off the US Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) long-awaited decision to remove sanctions imposed on producer UC Rusal on Sunday. http://www.metalbulletin.com/Article/3855940/Aluminium-market-awaits-Rusals-next-move-after-sanction-removal-premiums-firm.htmlMon, 28 Jan 2019 17:37:00 GMTDAILY SCRAP REPORT: Flurry of new bookings pushes prices upTurkish deep-sea scrap import prices have gone up after a large number of cargoes were booked from European, Baltic Sea and US origins, sources said on Monday January 28. http://www.metalbulletin.com/Article/3855931/DAILY-SCRAP-REPORT-Flurry-of-new-bookings-pushes-prices-up.htmlMon, 28 Jan 2019 17:15:00 GMTChina Jan copper scrap discount tightens, falling copper price pressures availabilityThe copper scrap discount in January has narrowed month on month for Chinese imports, mainly due to limited scrap availability following a drop in copper’s outright price.http://www.metalbulletin.com/Article/3855859/China-Jan-copper-scrap-discount-tightens-falling-copper-price-pressures-availability.htmlMon, 28 Jan 2019 16:30:00 GMTTURKEY FERROUS SCRAP: Mills raise buy prices again on higher import costsDomestic scrap prices in Turkey have increased over the past seven days, in line with higher costs for imported scrap, sources said on Monday January 28. http://www.metalbulletin.com/Article/3855796/TURKEY-FERROUS-SCRAP-Mills-raise-buy-prices-again-on-higher-import-costs.htmlMon, 28 Jan 2019 15:10:00 GMTTrafigura JV to start building mega copper, zinc, lead smelting complex in Saudi Arabia next year – source A joint venture between Trafigura and a Saudi Arabian company will start building a major copper, zinc and lead smelter complex in Saudi Arabia approximately one year from now, a company source has confirmed with Fastmarkets. http://www.metalbulletin.com/Article/3855815/Trafigura-JV-to-start-building-mega-copper-zinc-lead-smelting-complex-in-Saudi-Arabia-next-yearsource.htmlMon, 28 Jan 2019 15:09:00 GMTUp to $2.91 billion frozen for Vale after dam failure in BrazilThe Brazilian miner Vale had 11 billion Reais ($2.91 billion) blocked by local judges following the rupture and flood at one of its tailings dams at the Córrego do Feijão mine, while the company is also already subject to fines of up to 349 million Reais.http://www.metalbulletin.com/Article/3855780/Up-to-291-billion-frozen-for-Vale-after-dam-failure-in-Brazil.htmlMon, 28 Jan 2019 14:55:00 GMTFirst Quantum eyes February restart for Las Cruces mill, awaits mine plan approval First Quantum Minerals Ltd is planning to restart operations at its Las Cruces mill in Spain next month to process existing stockpiles and is awaiting approval to resume activities in part of the associated open-pit mine following a land slippage last week. http://www.metalbulletin.com/Article/3855802/First-Quantum-eyes-February-restart-for-Las-Cruces-mill-awaits-mine-plan-approval.htmlMon, 28 Jan 2019 14:54:00 GMTCobalt trades at sub-$20 per lb on oversupply pressure Cobalt prices slumped to near two-year lows last week before stabilizing after a psychological move through $20 per lb incited an improved level of spot inquiries. http://www.metalbulletin.com/Article/3855798/Cobalt-trades-at-sub-20-per-lb-on-oversupply-pressure.htmlMon, 28 Jan 2019 14:37:00 GMTGLOBAL VANADIUM WRAP: Chinese vanadium prices static on thin trading, European market rises on firm offers Chinese ferro-vanadium exporters refrained from offering material ahead of Lunar New Year (February 4-10) and amid a lack of readily available metal, while European ferro-vanadium prices moved up after suppliers held on to their material in a tight market. http://www.metalbulletin.com/Article/3855797/GLOBAL-VANADIUM-WRAP-Chinese-vanadium-prices-static-on-thin-trading-European-market-rises-on-firm.htmlMon, 28 Jan 2019 14:19:00 GMTIRON ORE DAILY: Vale dam incident in Brazil pushes up pricesIron ore prices shot up across the board on Monday January 28 amid market expectations of supply disruptions following a tailings dam failure at Vale’s Córrego do Feijão mine in Brazil.http://www.metalbulletin.com/Article/3855790/IRON-ORE-DAILY-Vale-dam-incident-in-Brazilpushes-up-prices.htmlMon, 28 Jan 2019 13:46:00 GMTGLOBAL TUNGSTEN WRAP: Chinese APT price edges down on soft demand; European ferro-tungsten market weakens The price of ammonium paratungstate (APT) continued its downward trend last week amid weakening demand, while Fanya stock fears re-appeared following news the failed exchange is releasing some indium stocks for auction. http://www.metalbulletin.com/Article/3855789/GLOBAL-TUNGSTEN-WRAP-Chinese-APT-price-edges-down-on-soft-demand-European-ferro-tungsten-market.htmlMon, 28 Jan 2019 13:05:00 GMTSILICON SNAPSHOT: Europe, China markets remain quiet ahead of Chinese New Year holidaysKey data from the pricing sessions in London and Shanghai on Friday January 25.http://www.metalbulletin.com/Article/3855779/SILICON-SNAPSHOT-Europe-China-markets-remain-quiet-ahead-of-Chinese-New-Year-holidays.htmlMon, 28 Jan 2019 12:59:00 GMTPRICING NOTICE: Update on Fastmarkets’ aluminium premiums following Rusal sanction removal Fastmarkets will again accept Rusal material produced after April 6, 2018, in its aluminium price assessments following the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) decision to remove sanctions imposed on UC Rusal. http://www.metalbulletin.com/Article/3855787/PRICING-NOTICE-Update-on-Fastmarkets-aluminium-premiums-following-Rusal-sanction-removal.htmlMon, 28 Jan 2019 12:46:00 GMTGLOBAL ANTIMONY WRAP: Trading slows down ahead of Lunar New Year The global antimony market was quiet in the week ended Friday January 25, with trade thinning ahead of Lunar New Year on February 5. http://www.metalbulletin.com/Article/3855778/GLOBAL-ANTIMONY-WRAP-Trading-slows-down-ahead-of-Lunar-New-Year.htmlMon, 28 Jan 2019 11:55:00 GMTLME’s Special Committee removes conditional suspension on Rusal material The London Metal Exchange’s Special Committee has removed the “temporary conditional suspension” on Rusal metal, allowing the warranting of all material dated before and after April 6, 2018, to resume, it said in a note to members on Monday January 28. http://www.metalbulletin.com/Article/3855775/LMEs-Special-Committee-removes-conditional-suspension-on-Rusal-material.htmlMon, 28 Jan 2019 11:25:00 GMTLIVE FUTURES REPORT 28/01: LME Al price subdued amid Rusal sanction removal; zinc above $2,700/tAluminium’s three-month price on the London Metal Exchange fell below its nearby support level of $1,900 per tonne during morning trading on Monday January 28, after the US removed sanctions on Russia’s biggest aluminium producer, UC Rusal.http://www.metalbulletin.com/Article/3855772/LIVE-FUTURES-REPORT-2801-LME-Al-price-subdued-amid-Rusal-sanction-removal-zinc-above-2700t.htmlMon, 28 Jan 2019 11:00:00 GMTCOKING COAL DAILY: Offers steady in seaborne market The seaborne coking coal spot market was largely stable on Monday January 28 amid thin trading and little change to offers. http://www.metalbulletin.com/Article/3855768/COKING-COAL-DAILY-Offers-steady-in-seaborne-market.htmlMon, 28 Jan 2019 10:50:00 GMTVietnam HRC price edges up on mill maintenance, pre-holiday restocking The import price for re-rolling-grade hot-rolled coil into Vietnam has risen in the past week on pre-holiday restocking and lower domestic supply. http://www.metalbulletin.com/Article/3855753/Vietnam-HRC-price-edges-up-on-mill-maintenance-pre-holiday-restocking.htmlMon, 28 Jan 2019 10:45:00 GMTCHINA HRC: Prices little changed on sparse tradingChina’s hot-rolled coil prices rose on Tuesday January 22 led by higher offer prices of mills amid limited need to sell before the upcoming Chinese New Year holiday. http://www.metalbulletin.com/Article/3855765/CHINA-HRC-Prices-little-changed-on-sparse-trading.htmlMon, 28 Jan 2019 10:15:00 GMTCHINA REBAR: Domestic prices flat, export prices edge upChina’s domestic rebar prices were unchanged on Monday January 28 amid inactivity, but export prices rose slightly on low selling pressure. http://www.metalbulletin.com/Article/3855763/CHINA-REBAR-Domestic-prices-flat-export-prices-edge-up.htmlMon, 28 Jan 2019 10:15:00 GMTNEWSBREAK: Hebei Iron & Steel bolsters SE Asia footprint with purchase of Tata Steel operations China’s Hebei Iron & Steel will acquire Tata Steel’s operations in Southeast Asia, increasing its footprint in Southeast Asia. http://www.metalbulletin.com/Article/3855767/NEWSBREAK-Hebei-Iron-and-Steel-bolsters-SE-Asia-footprint-with-purchase-of-Tata-Steel-operations.htmlMon, 28 Jan 2019 10:00:00 GMTSeaborne iron ore concentrate, pellet markets still quietSeaborne iron ore concentrate and pellet trading remained quiet in the week to Friday January 25 amid lackluster demand from China. http://www.metalbulletin.com/Article/3855757/Seaborne-iron-ore-concentrate-pellet-markets-still-quiet.htmlMon, 28 Jan 2019 09:16:00 GMTAsian aluminium market participants see limited impact from lifting of Rusal sanctionsThe lifting of sanctions against Russian aluminium producer UC Rusal over the past weekend has had limited impact on Asian markets so far, market participants told Fastmarkets on Monday January 28.http://www.metalbulletin.com/Article/3855752/Asian-aluminium-market-participants-see-limited-impact-from-lifting-of-Rusal-sanctions.htmlMon, 28 Jan 2019 08:05:00 GMTWater level alert at second Vale tailings dam downgradedThe alert at one of the tailings dams at Vale's Córrego do Feijão iron ore mine where an alarm was triggered by rising water levels on Sunday January 27 - two days after another had suffered a breach - has been downgraded.http://www.metalbulletin.com/Article/3855751/Water-level-alert-at-second-Vale-tailings-dam-downgraded.htmlMon, 28 Jan 2019 07:17:00 GMTChina AM: No clear trend in ferrous futures marketChina’s ferrous futures were mixed during morning trading on Monday January 28, with the hot-rolled coil, coking coal and coke contracts posting gains while the rebar and iron ore ones were largely steady.http://www.metalbulletin.com/Article/3855750/China-AM-No-clear-trend-in-ferrous-futures-market.htmlMon, 28 Jan 2019 05:42:00 GMTLIVE FUTURES REPORT 28/01: SHFE base metals prices supported by weak dollar, improved risk appetite; tin softensBase metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Monday January 28, with the complex gaining support from a weak US currency and improved risk appetite in the market. http://www.metalbulletin.com/Article/3855749/LIVE-FUTURES-REPORT-2801-SHFE-base-metals-prices-supported-by-weak-dollar-improved-risk-appetite-tin.htmlMon, 28 Jan 2019 05:25:00 GMTTrade log January 2019: Cobalt SulfateTrade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB. http://www.metalbulletin.com/Article/3852093/Trade-log-January-2019-Cobalt-Sulfate.htmlMon, 28 Jan 2019 00:24:00 GMTGLOBAL BILLET WRAP: Low supply, high offers, costly scrap end sustained billet price downtrendPrices for steel billet in the major global markets either recovered or were stable during the week ended Friday January 25, due to the reduced availability of material from the Commonwealth of Independent States (CIS) and rising Turkish scrap prices. http://www.metalbulletin.com/Article/3855505/GLOBAL-BILLET-WRAP-Low-supply-high-offers-costly-scrap-end-sustained-billet-price-downtrend.htmlMon, 28 Jan 2019 00:01:00 GMTBATTERY RAW MATERIALS MARKET REPORT 25/01: Cobalt price slide slows below $20 per lb watermarkAn overview of the battery raw materials markets and their price moves from the past week. http://www.metalbulletin.com/Article/3855644/BATTERY-RAW-MATERIALS-MARKET-REPORT-2501-Cobalt-price-slide-slows-below-20-per-lb-watermark.htmlFri, 25 Jan 2019 20:32:00 GMTWEEKLY SCRAP WRAP: Prices up as scrap markets show signs of recoveryGlobal ferrous scrap prices recovered earlier losses and moved upward during the week ended Friday January 25, with a number of deals being done at higher prices, Fastmarkets heard throughout the week. http://www.metalbulletin.com/Article/3855608/WEEKLY-SCRAP-WRAP-Prices-up-as-scrap-markets-show-signs-of-recovery.htmlFri, 25 Jan 2019 19:11:00 GMTEUROPE STAINLESS STEEL: Surcharges fall again but optimism creeps into marketAlloy surcharges to be applied to stainless steel products in Europe for February have decreased for the seventh consecutive month, Fastmarkets heard on Friday January 25. http://www.metalbulletin.com/Article/3855683/EUROPE-STAINLESS-STEEL-Surcharges-fall-again-but-optimism-creeps-into-market.htmlFri, 25 Jan 2019 18:35:00 GMTEUROPE ALLOY STEEL SCRAP: Stronger sterling offsets firmer alloy prices in UK marketUK alloy steel scrap prices were stable this week, with firmer nickel and molybdic oxide prices being offset by stronger sterling versus the euro. http://www.metalbulletin.com/Article/3855697/EUROPE-ALLOY-STEEL-SCRAP-Stronger-sterling-offsets-firmer-alloy-prices-in-UK-market.htmlFri, 25 Jan 2019 18:33:00 GMTEUROPE ALLOY STEEL SURCHARGES: Weak market leads to seventh consecutive monthly fallEuropean alloy surcharges for stainless steel products have fallen for the seventh consecutive month with the February surcharge down because of continuing weak market fundamentals and a sharp drop in molybdenum prices in January. http://www.metalbulletin.com/Article/3855609/EUROPE-ALLOY-STEEL-SURCHARGES-Weak-market-leads-to-seventh-consecutive-monthly-fall.htmlFri, 25 Jan 2019 18:30:00 GMTLIVE FUTURES REPORT 25/01: LME base metals prices push higher against softer dollar; Cu, Al, Pb breach nearby support levelsBase metals prices on the London Metal Exchange were mostly higher at the close of trading on Friday January 25, with a downturn in the US dollar index supporting higher prices, while tin futures fell on more than 1,000 tonnes of inflows. http://www.metalbulletin.com/Article/3855689/LIVE-FUTURES-REPORT-2501-LME-base-metals-prices-push-higher-against-softer-dollar-Cu-Al-Pb-breach.htmlFri, 25 Jan 2019 18:23:00 GMTUS PIG IRON: Market weak but further reductions doubtfulPig iron buyers in the United States have continued purchasing materials for restocking purposes but at low prices, although further reductions were doubtful because suppliers were not ready to reduce prices further, sources told Fastmarkets on Friday January 25. http://www.metalbulletin.com/Article/3855688/US-PIG-IRON-Market-weak-but-further-reductions-doubtful.htmlFri, 25 Jan 2019 18:06:00 GMTCobre Las Cruces copper mine production suspended amid land slippage First Quantum Minerals has suspended production at its Cobre Las Cruces copper mining and hydrometallurgical complex in Spain following a land slippage at its open-pit mine on Wednesday January 23. http://www.metalbulletin.com/Article/3855600/Cobre-Las-Cruces-copper-mine-production-suspended-amid-land-slippage.htmlFri, 25 Jan 2019 17:48:00 GMTPOLAND REBAR: Domestic prices drop in slow market but trend likely to changeDomestic prices for rebar in Poland have moved further down over the week due to slow trading, sources told Fastmarkets on January 25.http://www.metalbulletin.com/Article/3855676/POLAND-REBAR-Domestic-prices-drop-in-slow-market-but-trend-likely-to-change.htmlFri, 25 Jan 2019 17:32:00 GMTTailings dam fails at Vale's Feijão mine, floods nearby community A rupture in a tailings dam at Vale’s Feijão mine in the city of Brumadinho, in the state of Minas Gerais in south-east Brazil, has flooded the company’s administrative facilities and part of the nearby Vila Ferteco community. http://www.metalbulletin.com/Article/3855675/Tailings-dam-fails-at-Vales-Feijo-mine-floods-nearby-community.htmlFri, 25 Jan 2019 17:22:00 GMTGLOBAL CHROME SNAPSHOT: European high-carbon ferro-chrome and imported charge chrome price into China rise; rest mostly stableKey data from the pricing sessions in Asia, Europe and the United States for the week ending Friday January 25.http://www.metalbulletin.com/Article/3855678/GLOBAL-CHROME-SNAPSHOT-European-high-carbon-ferro-chrome-and-imported-charge-chrome-price-into-China.htmlFri, 25 Jan 2019 17:16:00 GMTRestocking drives up Indian secondary billet prices by $14 per tonneRestocking by rebar producers, coupled with increased buying by traders, has pushed Indian domestic secondary steel billet prices upward by at least 1,000 rupees ($14) per tonne over the past week, Fastmarkets heard on Friday January 25. http://www.metalbulletin.com/Article/3855643/Restocking-drives-up-Indian-secondary-billet-prices-by-14-per-tonne.htmlFri, 25 Jan 2019 17:12:00 GMTMINOR METALS MARKET REPORT 25/01: Cadmium continues uptrend on high demand; selenium drops [CORRECTED]An overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3855614/MINOR-METALS-MARKET-REPORT-2501-Cadmium-continues-uptrend-on-high-demand-selenium-drops-[CORRECTED].htmlFri, 25 Jan 2019 17:00:00 GMTManganese ore prices rise for first time in 2019Low-grade manganese ore prices have clawed back some losses after three consecutive weeks of decline, with some miners holding firm on offers amid increased demand. http://www.metalbulletin.com/Article/3855645/Manganese-ore-prices-rise-for-first-time-in-2019.htmlFri, 25 Jan 2019 16:59:00 GMTLargest LME tin delivery since 2014 alleviates market tightness expectations; Indonesian supply remains in focus London Metal Exchange tin inventory, which reached its lowest level in 30 years earlier this week, has received its largest inflow since November 2014. http://www.metalbulletin.com/Article/3855528/Largest-LME-tin-delivery-since-2014-alleviates-market-tightness-expectations-Indonesian-supply.htmlFri, 25 Jan 2019 16:56:00 GMTTURKEY COATED FLAT STEEL: Prices stable but producers look for early increasesCoated steel prices in Turkey were stable in the week ended Friday January 25, with some producers closing their sales books because they were planning to increase prices. http://www.metalbulletin.com/Article/3855610/TURKEY-COATED-FLAT-STEEL-Prices-stable-but-producers-look-for-early-increases.htmlFri, 25 Jan 2019 16:55:00 GMTINDIA IMPORT SCRAP: Prices up as market begins to recoverThe price of shredded ferrous scrap imported into India went up this week after deals were agreed at higher prices, market participants said on Friday January 25. http://www.metalbulletin.com/Article/3855602/INDIA-IMPORT-SCRAP-Prices-up-as-market-begins-to-recover.htmlFri, 25 Jan 2019 16:32:00 GMTDAILY SCRAP REPORT: Prices strengthen on limited supply, higher collection costsTurkish deep-sea scrap import prices continued to rise because of tight supply and increasing collection costs due to the heavy winter conditions, sources said on Friday January 25. http://www.metalbulletin.com/Article/3855570/DAILY-SCRAP-REPORT-Prices-strengthen-on-limited-supply-higher-collection-costs.htmlFri, 25 Jan 2019 16:30:00 GMTUK SCRAP: Light iron market increases on low endThe light iron steel scrap market in the United Kingdom has picked up on the low end of its current range amid steady demand from major domestic shredders in the week ended Friday January 25, the first price increase since the start of November.http://www.metalbulletin.com/Article/3855603/UK-SCRAP-Light-iron-market-increases-on-low-end.htmlFri, 25 Jan 2019 16:25:00 GMTFlat steel import prices down in South America, HRC boosted by Chinese recoveryMost flat steel import prices decreased in South America during the week ended Friday January 25, but hot-rolled coil (HRC) was boosted by higher demand and a slight recovery. http://www.metalbulletin.com/Article/3855571/Flat-steel-import-prices-down-in-South-America-HRC-boosted-by-Chinese-recovery.htmlFri, 25 Jan 2019 15:45:00 GMTLIVE FUTURES REPORT 25/01: Comex copper price recovers in final session Comex copper prices rebounded on Friday January 25 after three straight declines amid a lower dollar and a round of technical buying. http://www.metalbulletin.com/Article/3855569/LIVE-FUTURES-REPORT-2501-Comex-copper-price-recovers-in-final-session.htmlFri, 25 Jan 2019 15:07:00 GMTINTERVIEW: Trade issues will continue to dampen base metals sentiment in 2019 – INTL FCStone’s Meir The market cannot get too excited about base metals prices in 2019 while the trade conflict between the United States and China continues to dominate headlines, INTL FCStone analyst Edward Meir said. http://www.metalbulletin.com/Article/3855466/INTERVIEW-Trade-issues-will-continue-to-dampen-base-metals-sentiment-in-2019INTL-FCStones-Meir.htmlFri, 25 Jan 2019 14:58:00 GMTTURKEY FLAT STEEL: Prices push up but demand remains weakSome steel coil prices in Turkey increased this week because of the high cost of scrap and other global price increases, but demand continued to be low, sources told Fastmarkets on Friday January 25. http://www.metalbulletin.com/Article/3855537/TURKEY-FLAT-STEEL-Prices-push-up-but-demand-remains-weak.htmlFri, 25 Jan 2019 14:58:00 GMTITALY HBI: Prices fall on scrap market weaknessThe import price for hot-briquetted iron (HBI) in Italy decreased further in the week ended Thursday January 24 due to the weak scrap market, Fastmarkets has heard. http://www.metalbulletin.com/Article/3855564/ITALY-HBI-Prices-fall-on-scrap-market-weakness.htmlFri, 25 Jan 2019 14:55:00 GMTBrazilian slab export prices stable as mills prepare new offersSlab export prices from Brazil remained unchanged week-on-week on Friday January 25, with low volumes booked and mills preparing to launch next months’ offers. http://www.metalbulletin.com/Article/3855476/Brazilian-slab-export-prices-stable-as-mills-prepare-new-offers.htmlFri, 25 Jan 2019 14:40:00 GMTChinese cobalt imports hit by China-Europe arbitrage in 2018; shipments unlikely to revive even after discount narrows Chinese cobalt metal imports fell dramatically in 2018, with the most significant drop in the second half of the year after the Europe-China price arbitrage negatively affected import appetite in the Asian country. http://www.metalbulletin.com/Article/3855526/Chinese-cobalt-imports-hit-by-China-Europe-arbitrage-in-2018-shipments-unlikely-to-revive-even-after.htmlFri, 25 Jan 2019 14:14:00 GMTSHFE STOCKS REPORT 25/01: Base metal stocks up on thin trading; lead, nickel fallBase metal stocks at Shanghai Futures Exchange-approved warehouses were mostly up week on week on Friday January 25, with copper registering the largest gain while lead and nickel stocks fell. http://www.metalbulletin.com/Article/3855523/SHFE-STOCKS-REPORT-2501-Base-metal-stocks-up-on-thin-trading-lead-nickel-fall.htmlFri, 25 Jan 2019 13:10:00 GMTGLOBAL LITHIUM WRAP: Chinese domestic lithium carbonate suppliers lower offers to secure cash ahead of Lunar New Year China’s domestic spot battery-grade lithium carbonate price weakened on Thursday January 24 after some suppliers sold at lower levels to boost cash flow ahead of the Lunar New Year holiday, while the battery-grade lithium hydroxide price in China and those in the rest of the world were unchanged. http://www.metalbulletin.com/Article/3855525/GLOBAL-LITHIUM-WRAP-Chinese-domestic-lithium-carbonate-suppliers-lower-offers-to-secure-cash-ahead-of.htmlFri, 25 Jan 2019 12:30:00 GMTNovember silico-manganese market surplus smaller than expected - IMnI The silico-manganese market surplus for November was significantly smaller than initial estimates, according to a series of amendments made by the International Manganese Institute. http://www.metalbulletin.com/Article/3855522/November-silico-manganese-market-surplus-smaller-than-expected-IMnI.htmlFri, 25 Jan 2019 12:04:00 GMTIRON ORE DAILY: Prices rangebound amid thin trading Physical iron ore prices were little changed on Friday January 25 amid limited trading activity. http://www.metalbulletin.com/Article/3855515/IRON-ORE-DAILY-Prices-rangebound-amid-thin-trading.htmlFri, 25 Jan 2019 11:55:00 GMTFOCUS: Chinese steel prices not shaken by plan to extend limits in TangshanFresh restrictions on production planned for China’s steelmaking hub of Tangshan in the northern region do not appear to have had any effect on steel prices, market sources told Fastmarkets MB.http://www.metalbulletin.com/Article/3855491/FOCUS-Chinese-steel-prices-not-shaken-by-plan-to-extend-limits-in-Tangshan.htmlFri, 25 Jan 2019 11:30:00 GMTLarge spread between bulk, container prices boosts Asia scrap marketA large spread between bulk-shipment and containerized ferrous scrap shipments to Asia is helping spot prices to rise.http://www.metalbulletin.com/Article/3855496/Large-spread-between-bulk-container-prices-boosts-Asia-scrap-market.htmlFri, 25 Jan 2019 11:05:00 GMTLIVE FUTURES REPORT 25/01: LME base metals prices trend higher amid continued stock moves; tin falls after 1,045t inflow Base metals prices on the London Metal Exchange were predominantly higher during morning trading on Friday January 25, with continued stock moves prompting both positive and negative price action while continued optimism over US-China trade talks remains supportive of risk appetite. http://www.metalbulletin.com/Article/3855509/LIVE-FUTURES-REPORT-2501-LME-base-metals-prices-trend-higher-amid-continued-stock-moves-tin-falls.htmlFri, 25 Jan 2019 11:02:00 GMTCOKING COAL DAILY: Seaborne market continues riseSeaborne coking coal spot prices maintained its upward momentum on Friday January 25 with buyers snapping up cargoes following price increases earlier this week. http://www.metalbulletin.com/Article/3855503/COKING-COAL-DAILY-Seaborne-market-continues-rise.htmlFri, 25 Jan 2019 10:30:00 GMTAPEX Q4 2018: 99% accuracy for copper, zinc, gold and platinum predictions in Q4Edward Meir of INTL FCStone topped the base metals leaderboard in the Apex fourth-quarter 2018 contest, with an accuracy rating of 98.51%, while SP Angel were top of the precious metals table with 97.53% accuracy.http://www.metalbulletin.com/Article/3855342/APEX-Q4-2018-99-accuracy-for-copper-zinc-gold-and-platinum-predictions-in-Q4.htmlFri, 25 Jan 2019 10:07:00 GMTCHINA HRC: Speculators push domestic prices higherThe China hot-rolled coil (HRC) price gained on Friday January 25, with speculators pushing domestic prices higher while supply was shorter in the export market.http://www.metalbulletin.com/Article/3855502/CHINA-HRC-Speculators-push-domestic-prices-higher.htmlFri, 25 Jan 2019 10:05:00 GMTAPEX 2018: INTL FCStone, ABN Amro and Fastmarkets take top spotsINTL FCStone’s Edward Meir took the top spot on Fastmarkets’ Apex 2018 yearly base metals leaderboard with an accuracy rating of 98.75%.http://www.metalbulletin.com/Article/3855341/APEX-2018-INTL-FCStone-ABN-Amro-and-Fastmarkets-take-top-spots.htmlFri, 25 Jan 2019 10:00:00 GMTLithium market turns focus to spodumene price trends There has been increasing emphasis on spodumene pricing due to the growing importance of this concentrate as a major source of feedstock for conversion in lithium compounds and the potential knock-on effect in the downstream electric vehicle and battery sectors. http://www.metalbulletin.com/Article/3854914/Lithium-market-turns-focus-to-spodumene-price-trends.htmlFri, 25 Jan 2019 09:28:00 GMTPRICING NOTICE: Publication of lithium spodumene cif China prices on Fastmarkets MBFastmarkets MB will start publishing lithium spodumene min 5-6% cif China monthly prices in response to the growing importance of lithium concentrate as a major source of feedstock for lithium chemical conversion. http://www.metalbulletin.com/Article/3854913/PRICING-NOTICE-Publication-of-lithium-spodumene-cif-China-prices-on-Fastmarkets-MB.htmlFri, 25 Jan 2019 09:26:00 GMTCHINA REBAR: Domestic prices rise, export prices steadyChina’s domestic rebar prices moved up on Friday January 25 amid gains in the billet and futures markets, but those in the export segment remained flat on weak demand. http://www.metalbulletin.com/Article/3855497/CHINA-REBAR-Domestic-prices-rise-export-prices-steady.htmlFri, 25 Jan 2019 09:14:00 GMTMETALS MORNING VIEW 25/01: Metal prices work higher in absence of negative newsThree-month base metals prices on the London Metal Exchange were up across the board by an average of 0.4% this morning, Friday January 25 - this despite Thursday’s generally weak flash manufacturing purchasing managers' index (PMI) data in Asia and Europe, although the United States showed a stronger number.http://www.metalbulletin.com/Article/3855498/METALS-MORNING-VIEW-2501-Metal-prices-work-higher-in-absence-of-negative-news.htmlFri, 25 Jan 2019 08:55:00 GMTFOCUS: Optimism blooms in Chinese steel market on surprise stabilityStabilizing prices this month have lifted the gloom from China’s steel sector, resulting in the emergence of optimism for the market after the Chinese New Year. http://www.metalbulletin.com/Article/3854475/FOCUS-Optimism-blooms-in-Chinese-steel-market-on-surprise-stability.htmlFri, 25 Jan 2019 08:40:00 GMT2019 PREVIEW: Trade concerns hinder China's tungsten market, but participants downplay impact of US-China spatAfter a disappointing end to 2018, participants in China’s tungsten market have remained on the sidelines throughout January amid expectations that the market will continue to weaken as a result of limited buying interest both domestically and abroad ahead of the Chinese New Year holidays early next month.http://www.metalbulletin.com/Article/3855096/2019-PREVIEW-Trade-concerns-hinder-Chinas-tungsten-market-but-participants-downplay-impact-of-US.htmlFri, 25 Jan 2019 07:45:00 GMTChina AM: Ferrous futures inch upChina’s ferrous futures largely edged up during morning trading on Friday January 25, apart from the iron ore contract, which ended the session almost unchanged from its opening price. http://www.metalbulletin.com/Article/3855492/China-AM-Ferrous-futures-inch-up.htmlFri, 25 Jan 2019 05:01:00 GMTLIVE FUTURES REPORT 25/01: SHFE base metals prices benefit from follow-through strength; Cu, Al dipBase metals prices on the Shanghai Futures Exchange were mostly up during Asian morning trading on Friday January 25, with the complex following the stronger tone set by the London Metal Exchange three-month base metals prices on Thursday. http://www.metalbulletin.com/Article/3855490/LIVE-FUTURES-REPORT-2501-SHFE-base-metals-prices-benefit-from-follow-through-strength-Cu-Al-dip.htmlFri, 25 Jan 2019 04:55:00 GMTCIS STEEL BILLET: Mills bullish as February order books fill; scrap price risesThe export price for steel billet from the Commonwealth of Independent States (CIS) has surged toward the end of this week, spurred by rising offer prices after most mills filled their February order books with large sales in previous weeks, Fastmarkets heard on Thursday January 24.http://www.metalbulletin.com/Article/3855431/CIS-STEEL-BILLET-Mills-bullish-as-February-order-books-fill-scrap-price-rises.htmlThu, 24 Jan 2019 18:47:00 GMTLIVE FUTURES REPORT 24/01: LME lead price tops gains while zinc follows higher; tin nears $21k/tLead outperformed the other base metals on the London Metal Exchange on Thursday January 24, closing 2.2% higher, while both zinc and tin also gained amid continued falls in LME stocks. http://www.metalbulletin.com/Article/3855465/LIVE-FUTURES-REPORT-2401-LME-lead-price-tops-gains-while-zinc-follows-higher-tin-nears-21kt.htmlThu, 24 Jan 2019 18:06:00 GMTDAILY SCRAP REPORT: Steel mills remain quiet while prices firmThe Turkish deep-sea scrap market remained quiet on Thursday January 24, with steel mills unwilling to pay high prices while finished steel demand is weak, local market sources told Fastmarkets MB.http://www.metalbulletin.com/Article/3855402/DAILY-SCRAP-REPORT-Steel-mills-remain-quiet-while-prices-firm.htmlThu, 24 Jan 2019 17:35:00 GMTLIVE FUTURES REPORT 24/01: Comex copper price suffers third straight daily declineComex copper prices sank once again on Thursday morning in the United States, with persistent bearish overtones and short-covering hampering the red metal.http://www.metalbulletin.com/Article/3855400/LIVE-FUTURES-REPORT-2401-Comex-copper-price-suffers-third-straight-daily-decline.htmlThu, 24 Jan 2019 16:20:00 GMTSPMP’s Oman project expects first antimony metal production in the next week after delays Strategic & Precious Metals Processing (SPMP) expects the initial production of pure antimony metal to take place in the next week at its antimony-gold project in Oman, SPMP parent company Tri-Star Resources said on Thursday January 24. http://www.metalbulletin.com/Article/3855365/SPMPs-Oman-project-expects-first-antimony-metal-production-in-the-next-week-after-delays.htmlThu, 24 Jan 2019 16:20:00 GMTTURKEY STEEL BILLET: Prices firmer in Turkey though buyers' interest weakTurkish steel billet prices have increased slightly over the past week on an uptick in imported scrap values and reduced availability of billet in the CIS region, sources said on Thursday January 24. http://www.metalbulletin.com/Article/3855394/TURKEY-STEEL-BILLET-Prices-firmer-in-Turkey-though-buyers-interest-weak.htmlThu, 24 Jan 2019 16:10:00 GMTJervois, M2 Cobalt to merge in bid to tap battery metals marketsM2 Cobalt Corp and Jervois Mining Ltd are to merge in a deal that will complement the latter’s ambitions in East Africa as part of its focus on the growing battery metals market. http://www.metalbulletin.com/Article/3855397/Jervois-M2-Cobalt-to-merge-in-bid-to-tap-battery-metals-markets.htmlThu, 24 Jan 2019 15:55:00 GMTTURKEY LONG STEEL: Local rebar prices inch up despite limited demandThe domestic rebar price in Turkey has moved up slightly, in line with the increasing value of imported deep-sea scrap, while demand was very weak due to a seasonal slowdown in the country, sources said on Thursday January 24.http://www.metalbulletin.com/Article/3855360/TURKEY-LONG-STEEL-Local-rebar-prices-inch-up-despite-limited-demand.htmlThu, 24 Jan 2019 15:50:00 GMTFreeport copper output to decline in next two years as Grasberg moves underground Freeport-McMoRan expects its copper and gold production to fall over the next two years due to a long-anticipated transition of its operations in Indonesia, before improving significantly again. http://www.metalbulletin.com/Article/3855356/Freeport-copper-output-to-decline-in-next-two-years-as-Grasberg-moves-underground.htmlThu, 24 Jan 2019 13:59:00 GMTEUROPE HDG: Domestic prices likely to rise in FebruaryDomestic prices for hot-dipped galvanized (HDG) coil in Europe are expected to start to increase in the second half of February, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3855354/EUROPE-HDG-Domestic-prices-likely-to-rise-in-February.htmlThu, 24 Jan 2019 13:30:00 GMTSigma targets LME B shares in move to become first new ring-dealing member since 2007 – sources [CORRECTED]Privately-owned Sigma Broking Ltd has approached members of the London Metal Exchange to acquire B shares as it moves forward with a plan to become the first new Category I ring-trading entity since 2007, well-informed sources told Fastmarkets. http://www.metalbulletin.com/Article/3855095/Sigma-targets-LME-B-shares-in-move-to-become-first-new-ring-dealing-member-since-2007sources.htmlThu, 24 Jan 2019 12:45:00 GMTCOMMENT: UK ferrous scrap demand to keep rising; particular upside for prime grades Consumption of ferrous scrap in the United Kingdom will continue to increase over the coming years amid an expansion in the UK operations of international metals group Liberty House, Fastmarkets MB’s research team believes. http://www.metalbulletin.com/Article/3855332/COMMENT-UK-ferrous-scrap-demand-to-keep-rising-particular-upside-for-prime-grades.htmlThu, 24 Jan 2019 12:35:00 GMTIRON ORE DAILY: Futures strength props up seaborne prices Seaborne iron ore prices picked up on Thursday January 24 amid rises in futures and swaps markets.http://www.metalbulletin.com/Article/3855351/IRON-ORE-DAILY-Futures-strength-props-up-seaborne-prices.htmlThu, 24 Jan 2019 12:20:00 GMTEUROPE PLATE: Domestic prices still under pressure from slow tradingDomestic prices for heavy steel plate in the European Union have been under pressure in slow trading conditions, sources said.http://www.metalbulletin.com/Article/3855336/EUROPE-PLATE-Domestic-prices-still-under-pressure-from-slow-trading.htmlThu, 24 Jan 2019 12:17:00 GMTEuropean molybdenum markets pick up on new deals European molybdenum prices rose in trading this week, with oxide bouncing off a six-month low and ferro-molybdenum off a low last seen in December 2017 after a raft of new deals. http://www.metalbulletin.com/Article/3855347/European-molybdenum-markets-pick-up-on-new-deals.htmlThu, 24 Jan 2019 12:06:00 GMTSoutheast Asian billet prices rise on thin supply, costly scrapImport prices for steel billet in Southeast Asia staged a slight recovery this week amid limited offers and Turkey's strengthening scrap market, although participants reckon that the billet gains might be short-lived because they were not supported by demand.http://www.metalbulletin.com/Article/3855333/Southeast-Asian-billet-prices-rise-on-thin-supply-costly-scrap.htmlThu, 24 Jan 2019 12:00:00 GMTPRICING NOTICE: Proposal to amend update frequency of normalization coefficients of Turkey and Rotterdam ferrous scrap indicesFastmarkets proposes to update the normalization coefficients of the Turkey and Rotterdam ferrous scrap indices at a rate of once per month instead of once per quarter at present.http://www.metalbulletin.com/Article/3855348/PRICING-NOTICE-Proposal-to-amend-update-frequency-of-normalization-coefficients-of-Turkey-and.htmlThu, 24 Jan 2019 11:52:00 GMTEUROPE HRC: Market remains weak; situation might change in FebActivity in European hot-rolled coil (HRC) market has been slow and, as a result, prices have slightly softened, sources told Fastmarkets.http://www.metalbulletin.com/Article/3855329/EUROPE-HRC-Market-remains-weak-situation-might-change-in-Feb.htmlThu, 24 Jan 2019 11:40:00 GMTCOKING COAL DAILY: Improving sentiment raises seaborne prices A turnaround in sentiment in China sent seaborne coking coal prices higher on Thursday January 24. http://www.metalbulletin.com/Article/3855339/COKING-COAL-DAILY-Improving-sentiment-raises-seaborne-prices.htmlThu, 24 Jan 2019 11:04:00 GMTLIVE FUTURES REPORT 24/01: Fresh cancelations continue to support LME base metals prices; copper, nickel consolidate Base metals prices on the London Metal Exchange consolidated during morning trading on Thursday January 24, paring back gains made at Wednesday’s close while continued fresh cancelations in LME aluminium and zinc stocks keep price action elevated. http://www.metalbulletin.com/Article/3855340/LIVE-FUTURES-REPORT-2401-Fresh-cancelations-continue-to-support-LME-base-metals-prices-copper-nickel.htmlThu, 24 Jan 2019 10:47:00 GMTChinese cobalt prices steady but vulnerable to post-holiday backswing The prices for cobalt products in China were broadly steady on Wednesday January 23 on limited availability of prompt cargoes, but market participants are wary of price vulnerability after the Chinese New Year holiday on February 4-10. http://www.metalbulletin.com/Article/3855325/Chinese-cobalt-prices-steady-but-vulnerable-to-post-holiday-backswing.htmlThu, 24 Jan 2019 10:27:00 GMTChina HRC: Prices steady on low trading activityChina hot-rolled coil market was largely stable on Thursday January 24 amid inactivity ahead of the Chinese New Year holiday.http://www.metalbulletin.com/Article/3855331/China-HRC-Prices-steady-on-low-trading-activity.htmlThu, 24 Jan 2019 10:13:00 GMTCHINA REBAR: Prices flat amid inactivity China’s domestic and export prices for rebar were flat on Thursday January 24 amid sparse trading. http://www.metalbulletin.com/Article/3855326/CHINA-REBAR-Prices-flat-amid-inactivity.htmlThu, 24 Jan 2019 09:40:00 GMTFOCUS: Chinese iron ore buyers' alumina sensitivity dropsChinese steelmakers’ narrowing margins and improvements in the supply of Brazilian iron ore have resulted in lower penalties for alumina content in the steelmaking raw material recently, though there are factors that could raise buyers’ sensitivity toward this impurity in the coming months. http://www.metalbulletin.com/Article/3854856/FOCUS-Chinese-iron-ore-buyers-alumina-sensitivity-drops.htmlThu, 24 Jan 2019 09:10:00 GMTMETALS MORNING VIEW 24/01: Metals prices generally weaker, but underlying trends edging higherThree-month base metals prices on the London Metal Exchange were for the most part weaker with prices off by an average of 0.3% this morning, Thursday January 24.http://www.metalbulletin.com/Article/3855327/METALS-MORNING-VIEW-2401-Metals-prices-generally-weaker-but-underlying-trends-edging-higher.htmlThu, 24 Jan 2019 09:10:00 GMTANGLO AMERICAN AT A GLANCE: 2018 full-year production resultsSummary of Anglo American’s production results for the year ended December 31, 2018.http://www.metalbulletin.com/Article/3855328/ANGLO-AMERICAN-AT-A-GLANCE-2018-full-year-production-results.htmlThu, 24 Jan 2019 08:43:00 GMTChina AM: Ferrous futures mixed with mild changesChina’s ferrous futures declined in the first hour of morning trading on Thursday January 24, but largely ended the session little changed from their opening prices. http://www.metalbulletin.com/Article/3855321/China-AM-Ferrous-futures-mixed-with-mild-changes.htmlThu, 24 Jan 2019 05:34:00 GMTLIVE FUTURES REPORT 24/01: China’s stimulus measures provide slight support to most SHFE base metalsBase metals prices on the Shanghai Futures Exchange were broadly rangebound with a slight upward bias during Asian morning trading on Thursday January 24, with the complex supported by improved market sentiment following stimulus measures by China’s central bank.http://www.metalbulletin.com/Article/3855323/LIVE-FUTURES-REPORT-2401-Chinas-stimulus-measures-provide-slight-support-to-most-SHFE-base-metals.htmlThu, 24 Jan 2019 04:47:00 GMTIranian semi-finished steel producers drop export prices further to secure dealsIranian billet and slab producers continued to reduce their export prices to try and attract customers put off by US trading sanctions.http://www.metalbulletin.com/Article/3855244/Iranian-semi-finished-steel-producers-drop-export-prices-further-to-secure-deals.htmlWed, 23 Jan 2019 18:23:00 GMTLarge Al cancelation creates delay at LME warrant depository – sourcesDelays began to form at the London Metal Exchange’s warrant depository this week after large amounts of warrants were being cancelled, sources told Fastmarkets MB.http://www.metalbulletin.com/Article/3855296/Large-Al-cancelation-creates-delay-at-LME-warrant-depositorysources.htmlWed, 23 Jan 2019 18:15:00 GMTLIVE FUTURES REPORT 23/01: LME zinc price climbs 1.6% in positive close; aluminium, lead futures push higher Zinc futures on the London Metal Exchange led gains at the close of trading on Wednesday January 23 with its three-month price continuing to trade above $2,600 per tonne, while the rest of the complex trends higher against a softer dollar index. http://www.metalbulletin.com/Article/3855290/LIVE-FUTURES-REPORT-2301-LME-zinc-price-climbs-16-in-positive-close-aluminium-lead-futures-push.htmlWed, 23 Jan 2019 17:47:00 GMTGLOBAL TIN WRAP: Premiums stable while market remains directionlessTin premiums in Europe, the United States and China remained flat in the week beginning Monday January 21, amid continued uncertainty about delays to exports from Indonesia, while a lack of spot market activity, higher prices and a wide backwardation continued to deter investment in the tin sector. http://www.metalbulletin.com/Article/3855058/GLOBAL-TIN-WRAP-Premiums-stable-while-market-remains-directionless.htmlWed, 23 Jan 2019 17:16:00 GMTPEOPLE MOVES: Philip Blanchard leaves Vitol; firm will exit alumina tradingVitol has wound down its alumina trading operations following the departure of head trader Philip Blanchard, it said.http://www.metalbulletin.com/Article/3855251/PEOPLE-MOVES-Philip-Blanchard-leaves-Vitol-firm-will-exit-alumina-trading.htmlWed, 23 Jan 2019 17:14:00 GMTEUROPE SECTIONS: Prices down after drop in HRC feedstock costsPrices for hollow steel sections in Northern Europe moved downward on Wednesday January 23 due to falling costs for feedstock materials, market participants have told Fastmarkets. http://www.metalbulletin.com/Article/3855241/EUROPE-SECTIONS-Prices-down-after-drop-in-HRC-feedstock-costs.htmlWed, 23 Jan 2019 17:10:00 GMTNORTHERN EUROPE REBAR: Prices hold steady after falls as buying levels disappointThe price for rebar produced and delivered in Northern Europe stayed flat on Wednesday January 23, after the previous week’s price reductions failed to spark an increase in activity.http://www.metalbulletin.com/Article/3855153/NORTHERN-EUROPE-REBAR-Prices-hold-steady-after-falls-as-buying-levels-disappoint.htmlWed, 23 Jan 2019 16:58:00 GMTMINOR METALS MARKET REPORT 23/01: Fanya auction dampens sentiment on minor metals marketsAn overview of the minor metals markets and the reasons for any price moves.http://www.metalbulletin.com/Article/3855242/MINOR-METALS-MARKET-REPORT-2301-Fanya-auction-dampens-sentiment-on-minor-metals-markets.htmlWed, 23 Jan 2019 16:55:00 GMTEUROPE BEAMS: Prices flat with market subdued but stableDomestic prices for steel beams in Europe were unchanged on Wednesday January 23 with market conditions remaining stable this week, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3855182/EUROPE-BEAMS-Prices-flat-with-market-subdued-but-stable.htmlWed, 23 Jan 2019 16:45:00 GMTDAILY SCRAP REPORT: Suppliers' offers still firm as mills rebuild stocksDeep-sea scrap import prices into Turkey remained firm on Wednesday January 23, with suppliers trying to raise their offers to mills which are trying to replenish their depleted stocks, sources told Fastmarkets. http://www.metalbulletin.com/Article/3855150/DAILY-SCRAP-REPORT-Suppliers-offers-still-firm-as-mills-rebuild-stocks.htmlWed, 23 Jan 2019 16:31:00 GMTSOUTHERN EUROPE REBAR: Market flat, earlier price dip fails to attract buyersThe price for rebar produced and delivered in Southern Europe remained stable on Wednesday January 23, with the market staying quiet even after prices dipped last week.http://www.metalbulletin.com/Article/3855184/SOUTHERN-EUROPE-REBAR-Market-flat-earlier-price-dip-fails-to-attract-buyers.htmlWed, 23 Jan 2019 16:22:00 GMTGLOBAL NICKEL WRAP: US briquette premium falls; European, Chinese markets stable The Fastmarkets US nickel briquette premium slipped in the week to Tuesday January 22 amid abundant supply, sluggish demand and costlier funding, while European and Chinese premiums were stable ahead of Lunar New Year. http://www.metalbulletin.com/Article/3855121/GLOBAL-NICKEL-WRAP-US-briquette-premium-falls-European-Chinese-markets-stable.htmlWed, 23 Jan 2019 16:20:00 GMTLIVE FUTURES REPORT 23/01: Comex copper price dips in midweek trading The Comex copper price failed to rebound on Wednesday January 23 with technical selling continuing to weigh on the red metal. http://www.metalbulletin.com/Article/3855151/LIVE-FUTURES-REPORT-2301-Comex-copper-price-dips-in-midweek-trading.htmlWed, 23 Jan 2019 15:36:00 GMTGLOBAL ZINC & LEAD WRAP: European zinc spot activity picks up on large LME cancelations; premiums down in SE Asia, India Zinc premiums have remained steady in Europe this week with more participants returning to the spot market following a loosening of LME spreads, while there was downward pressures in Asian zinc premiums on slow regional demand ahead of Lunar New Year and a closed arbitrage window. http://www.metalbulletin.com/Article/3855120/GLOBAL-ZINC-and-LEAD-WRAP-European-zinc-spot-activity-picks-up-on-large-LME-cancelations-premiums.htmlWed, 23 Jan 2019 15:25:00 GMTChinese stainless steel mills hold ferro-chrome tender prices for February Tsingshan Group, Taiyuan Iron & Steel (Tisco) and Baosteel - China’s leading stainless steel mills - will maintain their high-carbon ferro-chrome tender prices unchanged month on month for February amid comparatively stable domestic stainless steel prices over the past few weeks. http://www.metalbulletin.com/Article/3855104/Chinese-stainless-steel-mills-hold-ferro-chrome-tender-prices-for-February.htmlWed, 23 Jan 2019 13:09:00 GMTIRON ORE DAILY: Prices soften as buying slows before holidaySeaborne iron ore prices fell further on Wednesday January 23 with offers continuing to outnumber bids. http://www.metalbulletin.com/Article/3855099/IRON-ORE-DAILY-Prices-soften-as-buying-slows-before-holiday.htmlWed, 23 Jan 2019 13:00:00 GMTMarket expects more LME aluminium cancelations after 130,000t canceled in Port Klang Over 130,000 tonnes of aluminium has been canceled at London Metal Exchange warehouses over the past two days with market participants expecting further cancelations by the end of the week. http://www.metalbulletin.com/Article/3855094/Market-expects-more-LME-aluminium-cancelations-after-130000t-canceled-in-Port-Klang.htmlWed, 23 Jan 2019 12:02:00 GMTAntofagasta posts record 2018 copper production Major copper concentrates producer Antofagasta achieved record production for 2018 in part due to higher-than-expected output from its Los Pelambres and Centinela projects, the company said on Wednesday January 23. http://www.metalbulletin.com/Article/3855072/Antofagasta-posts-record-2018-copper-production.htmlWed, 23 Jan 2019 11:38:00 GMTCOKING COAL DAILY: Seaborne prices rise further on improved sentimentHigher bids amid improved sentiment among seaborne coking coal market participants culminated in higher spot prices on Wednesday January 23.http://www.metalbulletin.com/Article/3855076/COKING-COAL-DAILY-Seaborne-prices-rise-further-on-improved-sentiment.htmlWed, 23 Jan 2019 10:55:00 GMTLIVE FUTURES REPORT 23/01: LME aluminium price climbs amid 94kt fresh cancelation; zinc appreciates 1.5%Aluminium’s three-month price was higher during morning trading on Wednesday January 23, climbing above $1,900 per tonne after more than 131,000 tonnes was freshly canceled over the past two days.http://www.metalbulletin.com/Article/3855084/LIVE-FUTURES-REPORT-2301-LME-aluminium-price-climbs-amid-94kt-fresh-cancelation-zinc-appreciates-15.htmlWed, 23 Jan 2019 10:49:00 GMT