Top Storieshttp://www.metalbulletin.com/RSS.aspx?FeedID=2429©2019 MB60Top StoriesGLOBAL FERRO-SILICON SNAPSHOT: EU market maintains upward price momentum on production cutsKey data from the pricing sessions in Asia, Europe and the United States for the week ended Friday December 6. http://www.metalbulletin.com/Article/3908155/GLOBAL-FERRO-SILICON-SNAPSHOT-EU-market-maintains-upward-price-momentum-on-production-cuts.htmlFri, 06 Dec 2019 23:10:00 GMTWEEKLY SCRAP WRAP: Global prices move up on strong demandGlobal scrap prices in most major markets moved upward during the week ended Friday December 6, due to good demand and a shortage of material in some locations. http://www.metalbulletin.com/Article/3908153/WEEKLY-SCRAP-WRAP-Global-prices-move-up-on-strong-demand.htmlFri, 06 Dec 2019 20:37:00 GMTRebar price stable in Brazil's domestic market; producer hike confirmed for JanuaryBrazil's domestic rebar price was unchanged in December while market participants braced for an upcoming hike in January amid higher demand. http://www.metalbulletin.com/Article/3908167/Rebar-price-stable-in-Brazils-domestic-market-producer-hike-confirmed-for-January.htmlFri, 06 Dec 2019 19:21:00 GMTEUROPE HRC: Daily price index edges up, bigger rises expectedDomestic prices for hot-rolled coil in Northern Europe edged up on Friday December 6, but transaction prices are expected to soon rise more significantly, sources told Fastmarkets. http://www.metalbulletin.com/Article/3908172/EUROPE-HRC-Daily-price-index-edges-up-bigger-rises-expected.htmlFri, 06 Dec 2019 19:13:00 GMTEUROPE STAINLESS STEEL: Prices drop on lower alloy surcharges, further falls expected The price of grade-304 stainless steel flat products in Europe fell significantly over the past week on substantially lower monthly alloy surcharges for December, sources told Fastmarkets on Friday December 6. http://www.metalbulletin.com/Article/3908146/EUROPE-STAINLESS-STEEL-Prices-drop-on-lower-alloy-surcharges-further-falls-expected.htmlFri, 06 Dec 2019 18:53:00 GMTEUROPE ALLOY STEEL SCRAP: Austenitic prices decrease on nickel costs in quiet market The price of austenitic alloy steel scrap fell this week after further losses in the nickel market, sources told Fastmarkets on Friday December 6. http://www.metalbulletin.com/Article/3908154/EUROPE-ALLOY-STEEL-SCRAP-Austenitic-prices-decrease-on-nickel-costs-in-quiet-market.htmlFri, 06 Dec 2019 18:25:00 GMTBrazilian slab export prices up but market halted by US tariff threatSlab export prices from Brazil increased this past week, but most negotiations were paused due to the threat of tariffs by the United States against imports of Brazilian steel. http://www.metalbulletin.com/Article/3908162/Brazilian-slab-export-prices-up-but-market-halted-by-US-tariff-threat.htmlFri, 06 Dec 2019 18:16:00 GMTNOBLE ALLOYS MARKET REPORT 06/12: Ferro-vanadium, V2O5 prices edge down on slower spot market An overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3908156/NOBLE-ALLOYS-MARKET-REPORT-0612-Ferro-vanadium-V2O5-prices-edge-down-on-slower-spot-market.htmlFri, 06 Dec 2019 18:06:00 GMTLIVE FUTURES REPORT 06/12: LME tin price hits 3-mth high; copper nears $6,000/t Tin ended higher on the London Metal Exchange on Friday December 6, closing above $17,000 per tonne for the first time since September.http://www.metalbulletin.com/Article/3908163/LIVE-FUTURES-REPORT-0612-LME-tin-price-hits-3-mth-high-copper-nears-6000t.htmlFri, 06 Dec 2019 17:53:00 GMTMINOR METALS MARKET REPORT 06/12: SG antimony price softens on low demand; cadmium gains support An overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3908116/MINOR-METALS-MARKET-REPORT-0612-SG-antimony-price-softens-on-low-demand-cadmium-gains-support.htmlFri, 06 Dec 2019 17:47:00 GMTCIS STEEL BILLET: Market gains $10 per tonne over the week following surge in scrapCIS export billet gained $10 per tonne in the week to Friday December 6, with customers accepting deals at higher prices in response to rising scrap costs. http://www.metalbulletin.com/Article/3908157/CIS-STEEL-BILLET-Market-gains-10-per-tonne-over-the-week-following-surge-in-scrap.htmlFri, 06 Dec 2019 17:43:00 GMTPRICING NOTICE: Fastmarkets will maintain frequency of tellurium, germanium assessmentsFastmarkets will maintain the frequency of publication of its European germanium metal and tellurium assessments and Chinese germanium dioxide assessment following a consultation.http://www.metalbulletin.com/Article/3908159/PRICING-NOTICE-Fastmarkets-will-maintain-frequency-of-tellurium-germanium-assessments.htmlFri, 06 Dec 2019 17:37:00 GMTINDIA IMPORT SCRAP: Prices continue to move up ahead of holiday seasonThe price of ferrous scrap imported into India moved up again this week ahead of a seasonal slowdown for the European holiday season, sources told Fastmarkets on Friday December 6.http://www.metalbulletin.com/Article/3908149/INDIA-IMPORT-SCRAP-Prices-continue-to-move-up-ahead-of-holiday-season.htmlFri, 06 Dec 2019 17:34:00 GMTGLOBAL MANGANESE SNAPSHOT: Seaborne ore prices surge as buyers vie for material Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday December 6. http://www.metalbulletin.com/Article/3908148/GLOBAL-MANGANESE-SNAPSHOT-Seaborne-ore-prices-surge-as-buyers-vie-for-material.htmlFri, 06 Dec 2019 17:27:00 GMTUK SCRAP: Light iron market resumes upward trend The inter-merchant spot price for light iron scrap in the UK moved higher in the week ended Friday December 6, resuming price gains to a level last seen in late October after two consecutive weeks of stability.http://www.metalbulletin.com/Article/3908151/UK-SCRAP-Light-iron-market-resumes-upward-trend.htmlFri, 06 Dec 2019 17:21:00 GMTDAILY SCRAP REPORT: Mills end the week in silenceTurkish steel producers stayed out of the deep-sea scrap market on Friday December 6 after booking several cargoes earlier in the week to push prices up by more than $10 per tonne since Monday, sources told Fastmarkets. http://www.metalbulletin.com/Article/3907998/DAILY-SCRAP-REPORT-Mills-end-the-week-in-silence.htmlFri, 06 Dec 2019 17:18:00 GMTGLOBAL CHROME SNAPSHOT: Alloy prices under pressure in all regions but Europe Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 6. http://www.metalbulletin.com/Article/3908147/GLOBAL-CHROME-SNAPSHOT-Alloy-prices-under-pressure-in-all-regions-but-Europe.htmlFri, 06 Dec 2019 17:00:00 GMTIndian importers resume HRC imports as domestic mills raise pricesIndian importers have started booking hot-rolled coil after a break of three months, after the latest round of domestic price increases made HRC imports commercially viable.http://www.metalbulletin.com/Article/3908058/Indian-importers-resume-HRC-imports-as-domestic-mills-raise-prices.htmlFri, 06 Dec 2019 16:57:00 GMTBATTERY RAW MATERIALS MARKET REPORT 06/12: Cobalt payables stabilize amid increased inquiries; lithium sellers offloadAn overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3908028/BATTERY-RAW-MATERIALS-MARKET-REPORT-0612-Cobalt-payables-stabilize-amid-increased-inquiries-lithium.htmlFri, 06 Dec 2019 16:44:00 GMTTURKEY COATED FLAT STEEL: Prices increase, order books closedTurkish prices for hot-dipped galvanized coil (HDG), and color-coated coil or pre-painted galvanized iron (PPGI), increased in the week to Friday December 6, and most producers stopped accepting new orders because they are planning to raise prices further, sources told Fastmarkets.http://www.metalbulletin.com/Article/3907831/TURKEY-COATED-FLAT-STEEL-Prices-increase-order-books-closed.htmlFri, 06 Dec 2019 15:32:00 GMTCHINA MINOR METALS MARKET REPORT 06/12: Oversupply, low demand pressures bismuth price furtherAn overview of the Chinese minor metals markets and the reasons for their latest price moves. http://www.metalbulletin.com/Article/3907807/CHINA-MINOR-METALS-MARKET-REPORT-0612-Oversupply-low-demand-pressures-bismuth-price-further.htmlFri, 06 Dec 2019 14:52:00 GMTTURKEY FLAT STEEL: Price increases continue, but buyers hesitantTurkish flat steel producers raised their prices again during the week ended Friday December 6, but buyers were hesitant to book because the increases were too sharp.http://www.metalbulletin.com/Article/3907827/TURKEY-FLAT-STEEL-Price-increases-continue-but-buyers-hesitant.htmlFri, 06 Dec 2019 14:48:00 GMTINTERVIEW: Minexx tackles artisanal mining through blockchain-driven connectivityResponsible sourcing initiatives are now a growing component of the metals and mining industry, with the London Metal Exchange recently issuing its requirements for compliance.http://www.metalbulletin.com/Article/3907790/INTERVIEW-Minexx-tackles-artisanal-mining-through-blockchain-driven-connectivity.htmlFri, 06 Dec 2019 12:48:00 GMTGLOBAL LITHIUM WRAP: China’s carbonate market accelerates decline in December on downbeat sentiment The pace of decline in the Chinese domestic battery grade lithium carbonate price has accelerated entering December with increasingly lower offer prices in the spot market from Chinese producers eager to destock in the week ended Thursday December 5. http://www.metalbulletin.com/Article/3907815/GLOBAL-LITHIUM-WRAP-Chinas-carbonate-market-accelerates-decline-in-December-on-downbeat-sentiment.htmlFri, 06 Dec 2019 12:30:00 GMTCOKING COAL DAILY: Tier-two prices inch up in a largely stable marketStability remained the theme of the seaborne coking coal market at the end of the week, with little interest in buying activity outside of China.http://www.metalbulletin.com/Article/3907813/COKING-COAL-DAILY-Tier-two-prices-inch-up-in-a-largely-stable-market.htmlFri, 06 Dec 2019 12:02:00 GMTIRON ORE DAILY: Pollution control measures keep seaborne prices rangeboundSeaborne prices have continued to be rangebound on Friday December 6, while pollution control measures were issued in the steelmaking hub of Tangshan. http://www.metalbulletin.com/Article/3907812/IRON-ORE-DAILY-Pollution-control-measures-keep-seaborne-prices-rangebound.htmlFri, 06 Dec 2019 11:35:00 GMTASIA FERROUS SCRAP: Prices continue uptrend on supply shortagePrices have continued rising in the Asia ferrous scrap markets, with buyers in Taiwan and Vietnam accepting higher prices on tighter supply and expectations of further increases.http://www.metalbulletin.com/Article/3907546/ASIA-FERROUS-SCRAP-Prices-continue-uptrend-on-supply-shortage.htmlFri, 06 Dec 2019 10:27:00 GMTLIVE FUTURES REPORT 06/12: LME nickel price holds on to gains on fresh cancellation; zinc recovers The three-month nickel price on the London Metal Exchange continued the previous day’s momentum during morning trading on Friday December 6, bolstered by a fresh cancellation of 3,642 tonnes, while the zinc price rose slightly from Thursday’s close but remains broadly rangebound. http://www.metalbulletin.com/Article/3907789/LIVE-FUTURES-REPORT-0612-LME-nickel-price-holds-on-to-gains-on-fresh-cancellation-zinc-recovers.htmlFri, 06 Dec 2019 10:12:00 GMTCHINA HRC: Overseas buyers forced to accept price hikes on higher offers globallyChina’s hot-rolled coil prices weakened domestically on Friday December 6, while in those in the export market rose in line with higher offers from several countries.http://www.metalbulletin.com/Article/3907787/CHINA-HRC-Overseas-buyers-forced-to-accept-price-hikes-on-higher-offers-globally.htmlFri, 06 Dec 2019 09:52:00 GMTMORNING VIEW: Markets risk-on again as Trump’s rhetoric sounds more positiveAsian equities and most of the base metals are in positive territory after United States President Donald Trump sounded more positive on a US-China trade deal when he said talks are “moving right along”.http://www.metalbulletin.com/Article/3907784/MORNING-VIEW-Markets-risk-on-again-as-Trumps-rhetoric-sounds-more-positive.htmlFri, 06 Dec 2019 09:06:00 GMTCHINA REBAR: High output pushes prices down furtherChina’s domestic rebar prices continued dropping on Friday December 6 as mills maintained high levels of production over the week. http://www.metalbulletin.com/Article/3907785/CHINA-REBAR-High-output-pushes-prices-down-further.htmlFri, 06 Dec 2019 08:43:00 GMTINTERVIEW: No active plan to close LME floor, outgoing chairman Sir Brian Bender saysSir Brian Bender has seen three London Metal Exchange chief executive officers, the sale to Hong Kong Exchanges & Clearing and a great number of other changes over more than nine years as the exchange’s chairman, he told Fastmarkets in an interview, but the open outcry system will remain for as long as members support it. http://www.metalbulletin.com/Article/3905729/INTERVIEW-No-active-plan-to-close-LME-floor-outgoing-chairman-Sir-Brian-Bender-says.htmlFri, 06 Dec 2019 08:00:00 GMTLIVE FUTURES REPORT 06/12: Soft dollar supporting SHFE base metals prices; Ni bounces 1.8%Base metals prices on the Shanghai Futures Exchange mostly edged upward during the morning trading session on Friday December 6, with a weak US dollar providing broad support to the complex.http://www.metalbulletin.com/Article/3907783/LIVE-FUTURES-REPORT-0612-Soft-dollar-supporting-SHFE-base-metals-prices-Ni-bounces-18.htmlFri, 06 Dec 2019 05:25:00 GMTFOCUS: Iron ore 65/62% Fe spread widened in November on improved steel margins, supply issuesThe spread between the 65% and 62% Fe iron ore markets widened last month amid improved profits among Chinese steelmakers and supply issues for Iron Ore Carajas fines.http://www.metalbulletin.com/Article/3906616/FOCUS-Iron-ore-6562-Fe-spread-widened-in-November-on-improved-steel-margins-supply-issues.htmlFri, 06 Dec 2019 02:34:00 GMTUS hot-rolled coil index inches up despite slow year-endHot-rolled coil prices in the United States continued to edge upward on higher mill offers, limited spot activity and increased scrap costs.http://www.metalbulletin.com/Article/3907773/US-hot-rolled-coil-index-inches-up-despite-slow-year-end.htmlThu, 05 Dec 2019 22:45:00 GMTBrazilian steel demand set to grow by 5.2% in 2020 after falling by 2.4% in 2019, Aço Brasil saysExpectations for a recovery in Brazilian steel demand this year have been postponed to 2020 since the economy did not grow as previously forecast, national steel institute Aço Brasil said on Thursday December 5. http://www.metalbulletin.com/Article/3907757/Brazilian-steel-demand-set-to-grow-by-52-in-2020-after-falling-by-24-in-2019-Ao-Brasil-says.htmlThu, 05 Dec 2019 21:17:00 GMTEUROPE HRC: Higher offers to be partially reflected in transaction prices in the NorthNorthern European steelmakers are expected to achieve increased domestic transaction prices in December, partially reflecting higher offers, sources told Fastmarkets on Thursday December 5.http://www.metalbulletin.com/Article/3907752/EUROPE-HRC-Higher-offers-to-be-partially-reflected-in-transaction-prices-in-the-North.htmlThu, 05 Dec 2019 19:47:00 GMTRegional construction projects will continue to stimulate Middle East steel demand - Fastmarkets surveyLarge regional construction projects will remain the main driver of steel demand in the Middle East in the medium term, steel sector professionals told Fastmarkets in a survey ahead of the 23nd Middle East Iron & Steel Conference in Dubai later this month.http://www.metalbulletin.com/Article/3907575/Regional-construction-projects-will-continue-to-stimulate-Middle-East-steel-demand-Fastmarkets-survey.htmlThu, 05 Dec 2019 18:25:00 GMTLIVE FUTURES REPORT 05/12: LME nickel price tops gains in mixed complex; zinc struggles The three-month nickel price on the London Metal Exchange was the biggest gainer at the close of trading on Thursday December 5, staging a modest recovery after reaching a five-month low earlier in the day, while turnover topped the complex over the day. http://www.metalbulletin.com/Article/3907748/LIVE-FUTURES-REPORT-0512-LME-nickel-price-tops-gains-in-mixed-complex-zinc-struggles.htmlThu, 05 Dec 2019 17:21:00 GMTTRADE CASE MONITOR: Around the world's steel markets in November 2019With competition in the global steel markets still fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in November 2019.http://www.metalbulletin.com/Article/3907585/TRADE-CASE-MONITOR-Around-the-worlds-steel-markets-in-November-2019.htmlThu, 05 Dec 2019 17:18:00 GMTDAILY SCRAP REPORT: Mills take a break from deep-sea bookings, prices firmTurkish steel producers skipped the day with no deep-sea bookings, while prices remained unchanged on tight supply, sources said on Thursday December 5. http://www.metalbulletin.com/Article/3907655/DAILY-SCRAP-REPORT-Mills-take-a-break-from-deep-sea-bookings-prices-firm.htmlThu, 05 Dec 2019 16:48:00 GMTTrade log December 2019: Lithium Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.http://www.metalbulletin.com/Article/3907741/Trade-log-December-2019-Lithium.htmlThu, 05 Dec 2019 16:22:00 GMTTURKEY LONG STEEL: Local prices rise on increasing scrap valuesDomestic long steel prices in Turkey continued to increase over the past week in line with the rising imported scrap values, sources said on Thursday December 5. http://www.metalbulletin.com/Article/3907591/TURKEY-LONG-STEEL-Local-prices-rise-on-increasing-scrap-values.htmlThu, 05 Dec 2019 15:49:00 GMTTURKEY LONG STEEL EXPORTS: Mills push up prices to reflect higher scrap costsTurkish steel mills continued to push up their rebar export offers over the past week due to rising scrap costs, sources said on Thursday December 5. http://www.metalbulletin.com/Article/3907587/TURKEY-LONG-STEEL-EXPORTS-Mills-push-up-prices-to-reflect-higher-scrap-costs.htmlThu, 05 Dec 2019 15:31:00 GMTFirst Q1 2020 MJP aluminium deal done at $83/t, lowest since Q4 2016 – sources [CORRECTED]The first deal for first-quarter aluminium ingot supply to Japan in 2020 has been concluded at a premium of $83 per tonne basis cif main Japanese ports (MJP), market sources told Fastmarkets on Thursday December 5. http://www.metalbulletin.com/Article/3907563/First-Q1-2020-MJP-aluminium-deal-done-at-83t-lowest-since-Q4-2016sources-[CORRECTED].htmlThu, 05 Dec 2019 15:18:00 GMTEGYPT STEEL BILLET, REBAR: Billet prices rise despite limited rebar demandPrices for steel billet in Egypt continued to rise in the week to Thursday December 5, despite only moderate demand for rebar from the construction sector, sources told Fastmarkets. http://www.metalbulletin.com/Article/3907582/EGYPT-STEEL-BILLET-REBAR-Billet-prices-rise-despite-limited-rebar-demand.htmlThu, 05 Dec 2019 15:02:00 GMTUK's Serious Fraud Office opens investigation into bribery at Glencore The UK's Serious Fraud Office (SFO) is investigating miner-trader Glencore, it said on Thursday December 5. http://www.metalbulletin.com/Article/3907593/UKs-Serious-Fraud-Office-opens-investigation-into-bribery-at-Glencore.htmlThu, 05 Dec 2019 14:43:00 GMTPRICING NOTICE: Fastmarkets starts publication of daily Northern Europe HRC IndexFastmarkets will from today, Thursday December 5, publish its price for steel hot-rolled coil domestic Northern Europe as a daily index. http://www.metalbulletin.com/Article/3907571/PRICING-NOTICE-Fastmarkets-starts-publication-of-daily-Northern-Europe-HRC-Index.htmlThu, 05 Dec 2019 13:38:00 GMTIRON ORE DAILY: Seaborne prices largely rangebound, lump demand upThe seaborne iron ore prices have stayed rangebound on Thursday December 5, while demand for iron ore lump has started to improve. http://www.metalbulletin.com/Article/3907564/IRON-ORE-DAILY-Seaborne-prices-largely-rangebound-lump-demand-up.htmlThu, 05 Dec 2019 12:24:00 GMTAurubis to continue deliveries after crane collapses at Belgian plant Europe’s largest copper producer, Aurubis, will continue deliveries to customers after a crane collapsed at its Olen plant in Belgium, the company said on Wednesday December 4. http://www.metalbulletin.com/Article/3907569/Aurubis-to-continue-deliveries-after-crane-collapses-at-Belgian-plant.htmlThu, 05 Dec 2019 11:45:00 GMTCOKING COAL DAILY: Market anticipates steady end to the yearSeaborne coking coal prices remained stable on Thursday December 5, with transaction prices seeing only mild movements in recent days.http://www.metalbulletin.com/Article/3907567/COKING-COAL-DAILY-Market-anticipates-steady-end-to-the-year.htmlThu, 05 Dec 2019 11:45:00 GMTChina seeking to export Shanghai copper benchmark and yuan via new contractMore of the world's copper looks likely to be priced in China from next year, with the Shanghai International Energy Exchange (INE) set to launch a new contract tradable by international market participants. http://www.metalbulletin.com/Article/3907556/China-seeking-to-export-Shanghai-copper-benchmark-and-yuan-via-new-contract.htmlThu, 05 Dec 2019 11:08:00 GMTCHINA HRC: Securities traders bolster spot buyingChina’s hot-rolled coil prices remained robust on Thursday December 4, partly because securities companies were buying spot goods to fulfil orders they had signed several weeks ago.http://www.metalbulletin.com/Article/3907555/CHINA-HRC-Securities-traders-bolster-spot-buying.htmlThu, 05 Dec 2019 10:11:00 GMTLIVE FUTURES REPORT 05/12: LME zinc price fails to hold gains in 1.3% dip, turnover tops complexThe three-month zinc price on the London Metal Exchange was lower during morning trading on Thursday December 5, with the metal failing to hold on to recent gains while volumes traded topped the complex. http://www.metalbulletin.com/Article/3907560/LIVE-FUTURES-REPORT-0512-LME-zinc-price-fails-to-hold-gains-in-13-dip-turnover-tops-complex.htmlThu, 05 Dec 2019 10:09:00 GMTSoutheast Asian billet import prices climb on supply concernsPrices in Southeast Asia’s steel billet market gained during the week to Thursday December 5 amid concerns over a potential supply deficit after a Russian steelmaker halted production. http://www.metalbulletin.com/Article/3907544/Southeast-Asian-billet-import-prices-climb-on-supply-concerns.htmlThu, 05 Dec 2019 09:45:00 GMTChinese alumina price hits fresh 31-month low amid greater supply from seaborne marketThe price of alumina in China fell to its lowest since May 2017 this week amid an abundance of material coming in from the seaborne market despite an already oversupplied domestic market.http://www.metalbulletin.com/Article/3907549/Chinese-alumina-price-hits-fresh-31-month-low-amid-greater-supply-from-seaborne-market.htmlThu, 05 Dec 2019 09:30:00 GMTSOUTHERN EUROPE REBAR: Prices stable but market lacks clear direction [CORRECTION]The price of steel rebar in the Southern Europe domestic market was unchanged this week with buyers and sellers disagreeing on the direction the market should take, sources told Fastmarkets on Wednesday December 4. http://www.metalbulletin.com/Article/3907516/SOUTHERN-EUROPE-REBAR-Prices-stable-but-market-lacks-clear-direction-[CORRECTION].htmlThu, 05 Dec 2019 09:28:00 GMTNORTHERN EUROPE REBAR: Prices stable amid buyer-seller stalemate [CORRECTION]The price of steel rebar in the Northern Europe domestic market was unchanged this week amid a stalemate between buyers and sellers over the direction in which prices should move, Fastmarkets heard on Wednesday December 4. http://www.metalbulletin.com/Article/3907509/NORTHERN-EUROPE-REBAR-Prices-stable-amid-buyer-seller-stalemate-[CORRECTION].htmlThu, 05 Dec 2019 09:27:00 GMTCHINA REBAR: Higher inventory pushes down domestic pricesChina’s domestic rebar prices decreased further on Thursday December 5 on rising stock in the spot market and weaker demand.http://www.metalbulletin.com/Article/3907552/CHINA-REBAR-Higher-inventory-pushes-down-domestic-prices.htmlThu, 05 Dec 2019 08:55:00 GMTGlencore revises cobalt output guidance for 2020 after early shutdown of Mutanda mineGlencore has cut its production guidance for cobalt in 2020 to 25,000-33,000 tonnes, down by about a third from 2019's 41,000-45,000 tonnes, the Swiss miner-trader said this week. http://www.metalbulletin.com/Article/3907550/Glencore-revises-cobalt-output-guidance-for-2020-after-early-shutdown-of-Mutanda-mine.htmlThu, 05 Dec 2019 08:52:00 GMTHigh inventory levels push down Chinese stainless steel pricesChinese stainless steel prices in both the domestic and export markets fell over the past week amid bearish sentiment stemming from the high inventories held at a major mill in eastern China.http://www.metalbulletin.com/Article/3907548/High-inventory-levels-push-down-Chinese-stainless-steel-prices.htmlThu, 05 Dec 2019 06:05:00 GMTLIVE FUTURES REPORT 05/12: SHFE base metals prices broadly up following trade developments; Zn up 0.8%Renewed optimism that a phase one trade deal between China and the United States could soon be reached gave a boost to most of the base metals traded on the Shanghai Futures Exchange during the morning session on Thursday December 5. http://www.metalbulletin.com/Article/3907547/LIVE-FUTURES-REPORT-0512-SHFE-base-metals-prices-broadly-up-following-trade-developments-Zn-up-08.htmlThu, 05 Dec 2019 04:45:00 GMTUS HRC-rebar price spread reverses 2016-18 trendAs 2019 draws to a close, Fastmarkets examines the underlying factors driving the spread between US hot-rolled coil and steel reinforcing bar prices throughout the year.http://www.metalbulletin.com/Article/3907541/US-HRC-rebar-price-spread-reverses-2016-18-trend.htmlWed, 04 Dec 2019 23:23:00 GMTGLOBAL TIN WRAP: Premiums steady around the globeSpot demand for tin diminished further in the week to Tuesday December 3, with the focus now on annual contracts and backwardation returning to the London Metal Exchange price for the metal. http://www.metalbulletin.com/Article/3907323/GLOBAL-TIN-WRAP-Premiums-steady-around-the-globe.htmlWed, 04 Dec 2019 20:00:00 GMTBrazilian iron ore exports down 20% in November, ministry saysBrazilian iron ore exports totaled 27.25 million tonnes in November 2019, a 19.8% year-on-year decrease from 33.97 million tonnes, data from the country’s ministry of economy showed on Monday December 2. http://www.metalbulletin.com/Article/3907522/Brazilian-iron-ore-exports-down-20-in-November-ministry-says.htmlWed, 04 Dec 2019 18:48:00 GMTLIVE FUTURES REPORT 04/12: LME zinc price up 1.8% on high turnover; nickel loses groundThe three-month zinc price on the London Metal Exchange was higher at the close of trading on Wednesday December 4, with upward movement in the price of the galvanizing metal supported by strong turnover, while nickel futures took a divergent path over the afternoon in a 1.6% sell-off. http://www.metalbulletin.com/Article/3907521/LIVE-FUTURES-REPORT-0412-LME-zinc-price-up-18-on-high-turnover-nickel-loses-ground.htmlWed, 04 Dec 2019 18:20:00 GMTBASE METALS WARRANT REPORT 04/12A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday December 4.http://www.metalbulletin.com/Article/3907443/BASE-METALS-WARRANT-REPORT-0412.htmlWed, 04 Dec 2019 18:10:00 GMTNOBLE ALLOYS MARKET REPORT 04/12: Molybdenum prices continue to move up on increased spot interest An overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3907442/NOBLE-ALLOYS-MARKET-REPORT-0412-Molybdenum-prices-continue-to-move-up-on-increased-spot-interest.htmlWed, 04 Dec 2019 17:37:00 GMTMINOR METALS MARKET REPORT 04/12: Bismuth edges down; Fanya pressure mounts on indium An overview of the minor metals markets and their latest price moves. http://www.metalbulletin.com/Article/3907474/MINOR-METALS-MARKET-REPORT-0412-Bismuth-edges-down-Fanya-pressure-mounts-on-indium.htmlWed, 04 Dec 2019 17:30:00 GMTIranian export billet market quiet with January allocations taken upThe Iranian export billet market has been rather quiet in the first week of December amid reduced availability of material for shipment in January, Fastmarkets has heard. http://www.metalbulletin.com/Article/3907507/Iranian-export-billet-market-quiet-with-January-allocations-taken-up.htmlWed, 04 Dec 2019 17:08:00 GMTGLOBAL ZINC & LEAD WRAP: Indian lead premium climbs to 2-month high; zinc premiums hold firmThe Indian lead premium surged to a two-month high this week while the three-month LME price struggles but global zinc premiums held firm despite softer forward spreads.http://www.metalbulletin.com/Article/3907359/GLOBAL-ZINC-and-LEAD-WRAP-Indian-lead-premium-climbs-to-2-month-high-zinc-premiums-hold-firm.htmlWed, 04 Dec 2019 17:07:00 GMTDAILY SCRAP REPORT: Fresh January bookings raise prices furtherThe Turkish steel producers have continued their purchases of deep-sea market scrap for January shipments, while prices became even more firm, sources said on Wednesday December 4. http://www.metalbulletin.com/Article/3907437/DAILY-SCRAP-REPORT-Fresh-January-bookings-raise-prices-further.htmlWed, 04 Dec 2019 16:45:00 GMTEUROPE HRC: Domestic mills seek price rises, deals move up in southEuropean steelmakers have announced price rises for coil products across the region in the past week, and transaction prices have moved up in the south, sources told Fastmarkets on Wednesday December 4. http://www.metalbulletin.com/Article/3907441/EUROPE-HRC-Domestic-mills-seek-price-rises-deals-move-up-in-south.htmlWed, 04 Dec 2019 16:32:00 GMTEUROPE SECTIONS: Prices move up after rise in feedstock costsHollow steel sections prices moved up across Europe over the past week due to increases in feedstock costs, market sources told Fastmarkets on Wednesday December 4. http://www.metalbulletin.com/Article/3907407/EUROPE-SECTIONS-Prices-move-up-after-rise-in-feedstock-costs.htmlWed, 04 Dec 2019 15:48:00 GMTTITANIUM SNAPSHOT: Scrap markets drop amid slow trading, alloy flatKey data from Fastmarkets’ pricing session in Europe on Wednesday December 4. http://www.metalbulletin.com/Article/3907408/TITANIUM-SNAPSHOT-Scrap-markets-drop-amid-slow-trading-alloy-flat.htmlWed, 04 Dec 2019 15:16:00 GMTALUMINIUM ARB INDICATOR: November US Midwest premium collapse shuts arbitrage opportunities [CORRECTED]A sharp drop in the US Midwest aluminium premium in November was the primary reason market participants turned away from any sort of arbitrage opportunity between London Metal Exchange sheds in Asia and the United States. http://www.metalbulletin.com/Article/3907379/ALUMINIUM-ARB-INDICATOR-November-US-Midwest-premium-collapse-shuts-arbitrage-opportunities.htmlWed, 04 Dec 2019 14:54:00 GMTTURKEY FLAT STEEL WRAP: Prices up in November, demand improves on re-stockingDemand for flat steel products in Turkey was strong in November because of purchases for re-stocking, market participants told Fastmarkets on Wednesday, December 4. http://www.metalbulletin.com/Article/3907364/TURKEY-FLAT-STEEL-WRAP-Prices-up-in-November-demand-improves-on-re-stocking.htmlWed, 04 Dec 2019 14:20:00 GMTGLOBAL COPPER WRAP: Shanghai premiums extend lower; Europe, US markets stableYear-end destocking continues to prolong a downturn in Shanghai copper cathode premiums but US and European markets are unchanged while annual contracts are being negotiated.http://www.metalbulletin.com/Article/3907363/GLOBAL-COPPER-WRAP-Shanghai-premiums-extend-lower-Europe-US-markets-stable.htmlWed, 04 Dec 2019 13:54:00 GMTHebei Steel cuts silico-manganese price by $17/t for December, bearish sentiment prevailsHebei Steel, China’s second largest steel mill, released its purchase price for silico-manganese at 5,950 yuan ($844) per tonne for December delivery, down by 150 yuan per tonne from its November tender price, market sources told Fastmarkets on Wednesday December 4. http://www.metalbulletin.com/Article/3907361/Hebei-Steel-cuts-silico-manganese-price-by-17t-for-December-bearish-sentiment-prevails.htmlWed, 04 Dec 2019 12:15:00 GMTAnnual cif Taiwan zinc, lead contract deals signed for 2020 at diversified terms Taiwanese buyers of zinc ingot have signed 2020 annual supply contracts with major zinc producers at lower premiums compared with this year, sources with knowledge of the matter told Fastmarkets. http://www.metalbulletin.com/Article/3907355/Annual-cif-Taiwan-zinc-lead-contract-deals-signed-for-2020-at-diversified-terms.htmlWed, 04 Dec 2019 12:10:00 GMTIRON ORE DAILY: Seaborne prices up slightly, Chinese port transactions stay active Seaborne prices edged up slightly on Wednesday December 4 amid gains in the futures market.http://www.metalbulletin.com/Article/3907354/IRON-ORE-DAILY-Seaborne-prices-up-slightly-Chinese-port-transactions-stay-active.htmlWed, 04 Dec 2019 11:45:00 GMTCOKING COAL DAILY: Chinese buyers dominate spot tradingSeaborne coking coal prices remained stable on Wednesday December 4, as expected by participants, with traded levels for premium mid-vol materials staying above $140 per tonne cfr China.http://www.metalbulletin.com/Article/3907351/COKING-COAL-DAILY-Chinese-buyers-dominate-spot-trading.htmlWed, 04 Dec 2019 11:30:00 GMTTurkish flat steel exports down 1.63% year on year in OctoberTurkish exports of flat steel products fell by 1.63% year on year to 477,680 tonnes in October 2019, according to the Turkish Statistical Institute (TUIK). http://www.metalbulletin.com/Article/3907348/Turkish-flat-steel-exports-down-163-year-on-year-in-October.htmlWed, 04 Dec 2019 10:48:00 GMTAscoval to switch to ‘green steel’ manufacturing as part of French rail contract French special steelmaker Ascoval, part of the British Steel group, is to supply 140,000 tonnes per year of semi-finished products, rectangular blooms, to rail manufacturing specialist BSFR (British Steel France Rail) to be processed into rails for the SNCF Réseau national train network at its plant in Hayange, France. http://www.metalbulletin.com/Article/3907345/Ascoval-to-switch-to-green-steel-manufacturing-as-part-of-French-rail-contract.htmlWed, 04 Dec 2019 10:41:00 GMTFurther Asian scrap price hikes catch markets by surpriseMarket participants have been surprised by the continued rise in Asian ferrous scrap prices, especially in the face of weak downstream demand. http://www.metalbulletin.com/Article/3907347/Further-Asian-scrap-price-hikes-catch-markets-by-surprise.htmlWed, 04 Dec 2019 10:35:00 GMTChina releases smaller copper scrap quota for December; industry awaits scrap renaming policy The Chinese government has approved a seventh round of copper scrap import quotas for this year at lower volumes compared with the previous batch, Fastmarkets has learned. http://www.metalbulletin.com/Article/3907335/China-releases-smaller-copper-scrap-quota-for-December-industry-awaits-scrap-renaming-policy.htmlWed, 04 Dec 2019 10:08:00 GMTCHINA HRC: Exporters maintain high prices on domestic gains in the eastChina’s hot-rolled coil exporters refused to lower their offers on Wednesday December 3 following price gains in the east of the country, although sources said domestic downstream demand was weakening.http://www.metalbulletin.com/Article/3907342/CHINA-HRC-Exporters-maintain-high-prices-on-domestic-gains-in-the-east.htmlWed, 04 Dec 2019 10:05:00 GMTLIVE FUTURES REPORT 04/12: Fresh cancelation sees LME zinc price climb 1%; backwardation narrowsThe three-month zinc price on the London Metal Exchange was higher during morning trading on Wednesday December 4, with its price action bolstered by the fresh cancelation of 2,325 tonnes in addition to a narrowing of the metal’s benchmark cash/three-month spread backwardation. http://www.metalbulletin.com/Article/3907349/LIVE-FUTURES-REPORT-0412-Fresh-cancelation-sees-LME-zinc-price-climb-1-backwardation-narrows.htmlWed, 04 Dec 2019 10:04:00 GMTGLOBAL NICKEL WRAP: Premiums flat globallyGlobal nickel premiums were unchanged in the week ended Tuesday December 3 amid limited spot activity while participants were busy focusing on long-term contract negotiations or celebrating regional holidays.http://www.metalbulletin.com/Article/3907333/GLOBAL-NICKEL-WRAP-Premiums-flat-globally.htmlWed, 04 Dec 2019 09:30:00 GMTMORNING VIEW: Markets weaken as Trump prepared to wait for trade dealNon-haven markets are generally under pressure after United States President Donald Trump said he was prepared to wait until after the 2020 US presidential election for a trade deal with China.http://www.metalbulletin.com/Article/3907339/MORNING-VIEW-Markets-weaken-as-Trump-prepared-to-wait-for-trade-deal.htmlWed, 04 Dec 2019 09:05:00 GMTGlencore, SK Innovation agree six-year cobalt supply deal for EV batteriesGlencore has signed a six-year deal to supply cobalt hydroxide to South Korea-based electric vehicle (EV) battery maker SK Innovation, the Swiss miner-trader announced on Wednesday December 4. http://www.metalbulletin.com/Article/3907337/Glencore-SK-Innovation-agree-six-year-cobalt-supply-deal-for-EV-batteries.htmlWed, 04 Dec 2019 08:39:00 GMTCHINA REBAR: Destocking pushes down domestic prices furtherChina’s domestic rebar prices kept their downward trend on Wednesday December 4 as traders unloaded inventory. http://www.metalbulletin.com/Article/3907338/CHINA-REBAR-Destockingpushes-down-domestic-prices-further.htmlWed, 04 Dec 2019 08:29:00 GMTPRICING NOTICE: Fastmarkets increases regularity of normalization of manganese ore brands, changes payment termsFastmarkets has increased the frequency of the normalization price data for its seaborne manganese ore indices to monthly from quarterly as well as changed the payment terms following a consultation. http://www.metalbulletin.com/Article/3907285/PRICING-NOTICE-Fastmarkets-increases-regularity-of-normalization-of-manganese-ore-brands-changes.htmlWed, 04 Dec 2019 07:20:00 GMTChinese wire rod exporters conclude deals at higher levelsChina's export prices for wire rod ticked upward over the past week after deals for several small-tonnage cargoes were concluded at higher levels.http://www.metalbulletin.com/Article/3907330/Chinese-wire-rod-exporters-conclude-deals-at-higher-levels.htmlWed, 04 Dec 2019 06:49:00 GMTChina’s export plate prices flat despite domestic gainsChina’s plate exporters failed in their attempts to push prices higher, even though those in the domestic Chinese market rose.http://www.metalbulletin.com/Article/3907331/Chinas-export-plate-prices-flat-despite-domestic-gains.htmlWed, 04 Dec 2019 06:10:00 GMTLIVE FUTURES REPORT 04/12: SHFE base metals prices broadly down on Trump trade remarks; Ni plunges 3.6%With the exception of tin, base metals prices on the Shanghai Futures Exchange were down during the morning trading session on Wednesday December 4 after United States President Donald Trump said a trade deal with China may not come until after next year’s presidential election.http://www.metalbulletin.com/Article/3907332/LIVE-FUTURES-REPORT-0412-SHFE-base-metals-prices-broadly-down-on-Trump-trade-remarks-Ni-plunges-36.htmlWed, 04 Dec 2019 05:35:00 GMTLatin American crude steel output down 14% in October, Alacero saysLatin American crude steel output decreased by 14% year on year in October due to slower global economic growth and blast furnace outages in Brazil, regional steelmakers' association Alacero said on Tuesday December 3. http://www.metalbulletin.com/Article/3907309/Latin-American-crude-steel-output-down-14-in-October-Alacero-says.htmlWed, 04 Dec 2019 03:25:00 GMTGLOBAL ALUMINIUM WRAP: MJP falls to all-time low; premiums elsewhere flat to downWeak demand conditions and lingering backwardations in London Metal Exchange spreads damped most regional P1020A premiums on Tuesday December 3, including the main Japanese ports (MJP) premium, which fell to an all-time low.http://www.metalbulletin.com/Article/3907304/GLOBAL-ALUMINIUM-WRAP-MJP-falls-to-all-time-low-premiums-elsewhere-flat-to-down.htmlTue, 03 Dec 2019 23:39:00 GMTUS HRC index steady; spot market hits pre-holiday lullHot-rolled coil prices in the United States have continued to bounce between $27 and $28 per hundredweight ($540 and $560 per short ton) in a quiet pre-holiday spot market, sources said.http://www.metalbulletin.com/Article/3907322/US-HRC-index-steady-spot-market-hits-pre-holiday-lull.htmlTue, 03 Dec 2019 22:26:00 GMTMexican ferrous scrap prices see increases in three grades as sentiment improvesPrices for certain grades of ferrous scrap rose in the Mexican steelmaking regions of Bajío and Monterrey over the past week, with some consumers already applying price increases to secure their supply.http://www.metalbulletin.com/Article/3907308/Mexican-ferrous-scrap-prices-see-increases-in-three-grades-as-sentiment-improves.htmlTue, 03 Dec 2019 21:50:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 03/12A summary of base metals premiums from across the globe for the week to Tuesday December 3.http://www.metalbulletin.com/Article/3907315/WEEKLY-BASE-METAL-PREMIUMS-REPORT-0312.htmlTue, 03 Dec 2019 21:28:00 GMTRUSSIA REBAR: Prices down on seasonally low end-user demand Rebar prices in Russia’s major steel-consuming region, the Central Federal District around Moscow, have gone down further due to seasonally weak demand from end-users, sources told Fastmarkets on Monday December 2. http://www.metalbulletin.com/Article/3907301/RUSSIA-REBAR-Prices-down-on-seasonally-low-end-user-demand.htmlTue, 03 Dec 2019 19:30:00 GMTRUSSIA FLAT STEEL: Mills reduce prices for December, but prepare January increaseSuppliers of hot-rolled and cold-rolled steel sheet to Russia’s Central Federal District around Moscow have reduced their prices for December, but intend to put them back up for January, sources told Fastmarkets on Monday December 2. http://www.metalbulletin.com/Article/3907298/RUSSIA-FLAT-STEEL-Mills-reduce-prices-for-December-but-prepare-January-increase.htmlTue, 03 Dec 2019 19:20:00 GMTCIS FLAT STEEL: HRC market up on new salesExport prices for hot-rolled coil from the Commonwealth of Independent States have increased over the past week as several sales at higher prices were done to key outlets, sources told Fastmarkets on Monday December 2.http://www.metalbulletin.com/Article/3907289/CIS-FLAT-STEEL-HRC-market-up-on-new-sales.htmlTue, 03 Dec 2019 17:38:00 GMTLIVE FUTURES REPORT 03/12: LME nickel price sheds 3.5% despite fresh cancelation; contango widens The three-month nickel price on the London Metal Exchange was lower at the close of trading on Tuesday November 3, with this morning’s fresh cancelation of 1,326 tonnes doing little to negate selling pressure, while the metal’s benchmark cash/three-month spread reached its widest level since July. http://www.metalbulletin.com/Article/3907293/LIVE-FUTURES-REPORT-0312-LME-nickel-price-sheds-35-despite-fresh-cancelation-contango-widens.htmlTue, 03 Dec 2019 17:30:00 GMTCIS STEEL BILLET: Mills bullish, offers cross $400/t fob mark CIS billet producers were in a bullish mood in early December despite the slowdown in trading activity, after another round of scrap price increases last week spurred them to increase offers. http://www.metalbulletin.com/Article/3907253/CIS-STEEL-BILLET-Mills-bullish-offers-cross-400t-fob-mark.htmlTue, 03 Dec 2019 17:04:00 GMTDAILY SCRAP REPORT: Fresh Baltic Sea cargo sends indices up Turkish deep-sea scrap import prices have increased on a fresh transaction amid tightening supply and good demand, sources told Fastmarkets on Tuesday December 3.http://www.metalbulletin.com/Article/3907249/DAILY-SCRAP-REPORT-Fresh-Baltic-Sea-cargo-sends-indices-up.htmlTue, 03 Dec 2019 16:50:00 GMTWeakening manganese ore port prices, high stocks dampen seaborne market Seaborne manganese ore prices for both grades in China nudged down in the week ended Friday November 29 after buying sentiment was dented by falling port-side ore prices and the continued rise in port-side inventories. http://www.metalbulletin.com/Article/3907251/Weakening-manganese-ore-port-prices-high-stocks-dampen-seaborne-market.htmlTue, 03 Dec 2019 16:44:00 GMTLead TCs rise further amid low spot interest; Port Pirie restart yet to reflect in terms Lead concentrate spot treatment charges (TCs) continued to rise in November, with buy-side liquidity slim amid a still-shut arbitrage window for Chinese imports. http://www.metalbulletin.com/Article/3907178/Lead-TCs-rise-further-amid-low-spot-interest-Port-Pirie-restart-yet-to-reflect-in-terms.htmlTue, 03 Dec 2019 16:25:00 GMTGULF FLAT STEEL IMPORTS: Some prices increase, demand moderateSome flat steel import prices in the United Arab Emirates and Saudi Arabia strengthened this week as suppliers raised offer prices amid moderate demand and anticipated further increases, sources told Fastmarkets on Tuesday December 3.http://www.metalbulletin.com/Article/3907236/GULF-FLAT-STEEL-IMPORTS-Some-prices-increase-demand-moderate.htmlTue, 03 Dec 2019 15:34:00 GMTINTERVIEW: ‘Unsustainably low’ vanadium prices will rebound in Q2 2020, Largo chief says Vanadium prices are unsustainably low and sentiment and prices should improve as evidenced by the recent ferro-vanadium price increase in Europe, Largo Resources chief executive officer Paulo Misk told Fastmarkets. http://www.metalbulletin.com/Article/3907237/INTERVIEW-Unsustainably-low-vanadium-prices-will-rebound-in-Q2-2020-Largo-chief-says.htmlTue, 03 Dec 2019 15:06:00 GMTGULF STEEL BILLET, REBAR: Domestic prices increase, demand strongDomestic prices for steel rebar in the United Arab Emirates have increased over the past week on strong demand, market sources told Fastmarkets on Tuesday December 3.http://www.metalbulletin.com/Article/3907235/GULF-STEEL-BILLET-REBAR-Domestic-prices-increase-demand-strong.htmlTue, 03 Dec 2019 14:47:00 GMTGLOBAL CHROME WRAP: Alloy markets weaken in China and Europe amid poor demandDeteriorating demand is adding continual downward pressure to Chinese and European alloy prices.http://www.metalbulletin.com/Article/3907166/GLOBAL-CHROME-WRAP-Alloy-markets-weaken-in-China-and-Europe-amid-poor-demand.htmlTue, 03 Dec 2019 12:30:00 GMTTsingshan Group slashes December ferro-chrome tender priceTsingshan Group has cut its ferro-chrome tender price for December delivery by 6.2% month on month, after upstream UG2 chrome ore prices hit a record low in November. http://www.metalbulletin.com/Article/3907158/Tsingshan-Group-slashes-December-ferro-chrome-tender-price.htmlTue, 03 Dec 2019 12:30:00 GMTIRON ORE DAILY: Seaborne prices dip on futures, rebar lossesSeaborne iron ore prices weakened on Tuesday December 3 amid losses in futures and rebar markets.http://www.metalbulletin.com/Article/3907168/IRON-ORE-DAILY-Seaborne-prices-dip-on-futures-rebar-losses.htmlTue, 03 Dec 2019 12:00:00 GMTCOKING COAL DAILY: Seaborne market to remain stableParticipants in the seaborne coking coal market said they saw little room for prices to move significantly amid stable supply-demand drivers.http://www.metalbulletin.com/Article/3907149/COKING-COAL-DAILY-Seaborne-market-to-remain-stable.htmlTue, 03 Dec 2019 11:20:00 GMTLIVE FUTURES REPORT 03/12: LME lead price dips below $1,900/t in lackluster trade; tin edges higherThree-month lead traded lower during the morning session on the London Metal Exchange on Tuesday December 3, with low liquidity conditions capping a move above nearby resistance levels, while tin’s outright price recorded the only move higher. http://www.metalbulletin.com/Article/3907145/LIVE-FUTURES-REPORT-0312-LME-lead-price-dips-below-1900t-in-lackluster-trade-tin-edges-higher.htmlTue, 03 Dec 2019 10:44:00 GMTCHINA HRC: Prices move higher despite thinner tradingChina’s hot-rolled coil prices continued to gain on Tuesday December 3 despite slower trading, with supply remaining tight in the east of the country.http://www.metalbulletin.com/Article/3907141/CHINA-HRC-Prices-move-higher-despite-thinner-trading.htmlTue, 03 Dec 2019 10:25:00 GMTShanghai-bonded copper, zinc stocks climb in November on muted importing interest Sustained import losses for copper and zinc in November have caused Shanghai-bonded stocks to rise for the two base metals by around 3%, while a reversal of import conditions for nickel encouraged some trading houses to draw down bonded nickel stocks last month. http://www.metalbulletin.com/Article/3907140/Shanghai-bonded-copper-zinc-stocks-climb-in-November-on-muted-importing-interest.htmlTue, 03 Dec 2019 10:20:00 GMTChina’s CRC export prices narrow lower, but those of HDG rise amid tight supplyChinese cold-rolled coil export prices narrowed downwards on tepid demand in the week to Tuesday December 3, while those of hot-dipped galvanized coil rose amid tight spot supply.http://www.metalbulletin.com/Article/3907136/Chinas-CRC-export-prices-narrow-lower-but-those-of-HDG-rise-amid-tight-supply.htmlTue, 03 Dec 2019 09:56:00 GMTHydro planning to cut output at its Slovalco aluminium smelter due to weak market conditionsNorsk Hydro plans to reduce output by 20% at its majority-owned Slovalco primary aluminium smelter in Slovakia, citing a weakening market, the company announced on Monday December 2.http://www.metalbulletin.com/Article/3907137/Hydro-planning-to-cut-output-at-its-Slovalco-aluminium-smelter-due-to-weak-market-conditions.htmlTue, 03 Dec 2019 09:45:00 GMTCHINA REBAR: Prices down on oversupply outlookChina’s domestic rebar prices decreased on Tuesday December 3 amid bearish expectations for weakening demand but high output over the next two months. http://www.metalbulletin.com/Article/3907139/CHINA-REBAR-Prices-down-on-oversupply-outlook.htmlTue, 03 Dec 2019 09:25:00 GMTMORNING VIEW: Markets cool after Trump tariffs pour cold water on sentimentWhile the metal markets have hardly been bullish, United States President Donald Trump undermined confidence across broad markets when he re-imposed tariffs on steel and aluminium imports from Argentina and Brazil and threatened France with tariffs too.http://www.metalbulletin.com/Article/3907138/MORNING-VIEW-Markets-cool-after-Trump-tariffs-pour-cold-water-on-sentiment.htmlTue, 03 Dec 2019 09:10:00 GMTVale cuts Q1 2020 iron ore target on Brucutu tailings dam haltVale has cut its iron ore production and sales target to 68-73 million tonnes from 70-75 million tonnes for the March quarter 2020, due to a reduction in operating rates for up to two months at its Brucutu mine.http://www.metalbulletin.com/Article/3907134/Vale-cuts-Q1-2020-iron-ore-target-on-Brucutu-tailings-dam-halt.htmlTue, 03 Dec 2019 07:43:00 GMTHebei Steel’s SiMn tender price could decline again in Dec, sources sayHebei Steel’s purchase price for silico-manganese for December delivery might be lower than the prior month, though probably only slightly, due to an abundance of supply as well as falling prices in the spot and futures markets, sources told Fastmarkets on Tuesday December 3.http://www.metalbulletin.com/Article/3907133/Hebei-Steels-SiMn-tender-price-could-decline-again-in-Dec-sources-say.htmlTue, 03 Dec 2019 06:12:00 GMTNEWSBREAK: Second producer offers Q1 MJP aluminium supply at $95 per tonne cif A second major aluminium producer has offered the light metal for delivery in the first quarter of 2020 to main Japanese ports (MJP) on a cif basis at a premium of $95 per tonne over the London Metal Exchange cash price, three market sources told Fastmarkets on Tuesday December 3.http://www.metalbulletin.com/Article/3907135/NEWSBREAK-Second-producer-offers-Q1-MJP-aluminium-supply-at-95-per-tonne-cif.htmlTue, 03 Dec 2019 05:05:00 GMTTrade log November 2019: Cobalt sulfateTrade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.http://www.metalbulletin.com/Article/3904273/Trade-log-November-2019-Cobalt-sulfate.htmlTue, 03 Dec 2019 03:54:00 GMTLIVE FUTURES REPORT 03/12: Trade tensions pressure SHFE base metals; nickel prices correct after recent lossesBase metals prices on the Shanghai Futures Exchange were broadly down during the morning trading session on Tuesday December 3 after a pick-up in global trade tensions dampened market sentiment. http://www.metalbulletin.com/Article/3907132/LIVE-FUTURES-REPORT-0312-Trade-tensions-pressure-SHFE-base-metals-nickel-prices-correct-after-recent.htmlTue, 03 Dec 2019 03:47:00 GMTIN CASE YOU MISSED IT: 5 key stories from December 2Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.http://www.metalbulletin.com/Article/3907122/IN-CASE-YOU-MISSED-IT-5-key-stories-from-December-2.htmlTue, 03 Dec 2019 00:05:00 GMTUS hot-rolled coil index up slightly after national holidayHot-rolled coil prices in the United States went up slightly on consistently and firmly higher offer prices at mills, but the market was largely unchanged compared with the short working week before the national Thanksgiving holiday, celebrated Thursday November 28.http://www.metalbulletin.com/Article/3907127/US-hot-rolled-coil-index-up-slightly-after-national-holiday.htmlMon, 02 Dec 2019 23:06:00 GMTBrazil’s Usiminas to increase domestic steel prices by 5% in JanuaryBrazilian steelmaker Usiminas will increase domestic steel prices by an additional 5% in January 2020, following a previous notification of a 5% hike to be implemented in the fourth quarter this year.http://www.metalbulletin.com/Article/3907116/Brazils-Usiminas-to-increase-domestic-steel-prices-by-5-in-January.htmlMon, 02 Dec 2019 21:32:00 GMTConclusions from Fastmarkets’ consultation on daily cobalt pricingFrom Monday February 3, 2020, Fastmarkets will publish its price assessments for standard and alloy-grade cobalt, in-whs Rotterdam, on a daily basis.http://www.metalbulletin.com/Article/3906878/Conclusions-from-Fastmarkets-consultation-on-daily-cobalt-pricing.htmlMon, 02 Dec 2019 18:31:00 GMTCIS STEEL SLAB: Prices stay on uptrend on growing flat steel marketSlab prices in the CIS region continued to increase over the past week supported by the positive mood in finished flat steel products both inside the region and in some of the outlet customers’ markets. http://www.metalbulletin.com/Article/3907097/CIS-STEEL-SLAB-Prices-stay-on-uptrend-on-growing-flat-steel-market.htmlMon, 02 Dec 2019 18:30:00 GMTFREE WEB SEMINAR: Cobalt pricing - volatility, spot volumes and increasing frequency Fastmarkets will publish its price assessments for standard and alloy-grade cobalt, in-whs Rotterdam, on a daily basis from Monday February 3, 2020.http://www.metalbulletin.com/Article/3906922/FREE-WEB-SEMINAR-Cobalt-pricing-volatility-spot-volumes-and-increasing-frequency.htmlMon, 02 Dec 2019 18:15:00 GMTPRICING NOTICE: Increase in frequency of cobalt price assessments to dailyFastmarkets will increase the frequency of its benchmark price assessments for standard and alloy-grade cobalt, in-whs Rotterdam, to daily from Monday February 3, 2020. http://www.metalbulletin.com/Article/3906637/PRICING-NOTICE-Increase-in-frequency-of-cobalt-price-assessments-to-daily.htmlMon, 02 Dec 2019 18:12:00 GMTSpot copper concentrate TC/RCs rise; market locks in annual contractsSpot copper concentrate treatment and refining charges (TC/RCs) increased at the end of November, with the market busy discussing annual contracts and deals.http://www.metalbulletin.com/Article/3907098/Spot-copper-concentrate-TCRCs-rise-market-locks-in-annual-contracts.htmlMon, 02 Dec 2019 18:08:00 GMTLIVE FUTURES REPORT 2/12: LME base metals prices buoyed by weaker dollarBase metals' three-month prices on the London Metal Exchange were buoyed by a weaker US dollar index, despite negative macro sentiment brought on by weaker-than-expected US data at the close on Monday December 2.http://www.metalbulletin.com/Article/3907099/LIVE-FUTURES-REPORT-212-LME-base-metals-prices-buoyed-by-weaker-dollar.htmlMon, 02 Dec 2019 17:45:00 GMTChinese V2O5 price edges down on weak sentiment while European range widens upwardsChinese vanadium pentoxide (V2O5) prices have resumed their decline as sentiment deteriorated on falling downstream vanadium nitrogen tender prices from major steel mills, while in Europe the price range widened upwards on increased spot activity. http://www.metalbulletin.com/Article/3907030/Chinese-V2O5-price-edges-down-on-weak-sentiment-while-European-range-widens-upwards.htmlMon, 02 Dec 2019 16:55:00 GMTDAILY SCRAP REPORT: Turkish mills slow down buying for January, prices stableTurkish steel producers continued to book deep-sea scrap for January shipment at steady prices, but at a slower pace, sources told Fastmarkets on Monday December 2.http://www.metalbulletin.com/Article/3907028/DAILY-SCRAP-REPORT-Turkish-mills-slow-down-buying-for-January-prices-stable.htmlMon, 02 Dec 2019 16:00:00 GMTIRON ORE MONTHLY: Price spread between 65%, 62% Fe markets widensThe 62% Fe iron ore market trended lower in November, with prices falling 5.5% month on month, while the 65% price fell 1% from October. http://www.metalbulletin.com/Article/3906907/IRON-ORE-MONTHLY-Price-spread-between-65-62-Fe-markets-widens.htmlMon, 02 Dec 2019 15:26:00 GMTTURKEY FERROUS SCRAP: Domestic ship scrap prices rise on costlier importsDomestic ship scrap prices in Turkey increased over the past week in line with rising imported scrap values, sources said on Monday December 2. http://www.metalbulletin.com/Article/3907002/TURKEY-FERROUS-SCRAP-Domestic-ship-scrap-prices-rise-on-costlier-imports.htmlMon, 02 Dec 2019 15:20:00 GMTGLOBAL SILICON SNAPSHOT: Chinese prices up on production halts; European prices firm but could be close to stabilizingKey data from the pricing sessions in Asia and Europe in the week ended Friday November 30.http://www.metalbulletin.com/Article/3906937/GLOBAL-SILICON-SNAPSHOT-Chinese-prices-up-on-production-halts-European-prices-firm-but-could-be-close.htmlMon, 02 Dec 2019 14:50:00 GMTGLOBAL ANTIMONY SNAPSHOT: Chinese producers cut offers while European consumers retreat awaiting further falls Key data from the pricing sessions in Asia and Europe in the week ended Friday November 30.http://www.metalbulletin.com/Article/3906931/GLOBAL-ANTIMONY-SNAPSHOT-Chinese-producers-cut-offers-while-European-consumers-retreat-awaiting.htmlMon, 02 Dec 2019 14:47:00 GMTPRICING NOTICE: Amendment of Fastmarkets’ cif Shanghai ferro-chrome indexFastmarkets will change its cif Shanghai ferro-chrome index to a single-figure price assessment and change the location from Shanghai to main Chinese ports.http://www.metalbulletin.com/Article/3906969/PRICING-NOTICE-Amendment-of-Fastmarkets-cif-Shanghai-ferro-chrome-index.htmlMon, 02 Dec 2019 13:37:00 GMTTrump to restore Section 232 tariffs on steel and aluminium for Brazil, Argentina United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2. http://www.metalbulletin.com/Article/3906940/Trump-to-restore-Section-232-tariffs-on-steel-and-aluminium-for-Brazil-Argentina.htmlMon, 02 Dec 2019 13:05:00 GMTIRON ORE DAILY: Prices gain with lenient Tangshan winter restrictionsIron ore prices advanced on Monday December 2 amid news of less stringent restrictions on steelmakers in China’s steel hub of Tangshan.http://www.metalbulletin.com/Article/3906943/IRON-ORE-DAILY-Prices-gain-with-lenient-Tangshan-winter-restrictions.htmlMon, 02 Dec 2019 12:30:00 GMTCOKING COAL DAILY: Seaborne prices move up amid robust trading activitySeaborne coking coal prices moved up on Monday December 2, as spot trading activity remained robust. http://www.metalbulletin.com/Article/3906934/COKING-COAL-DAILY-Seaborne-prices-move-up-amid-robust-trading-activity.htmlMon, 02 Dec 2019 11:15:00 GMTLIVE FUTURES REPORT 02/12: LME base metal prices down despite better-than-expected China dataLondon Metal Exchange three-month base metals prices were somewhat subdued during morning trading on Monday December 2 while a strong US dollar index, trading up by 0.08% at 98.35 at the same time, had a dampening effect on trading volumes.http://www.metalbulletin.com/Article/3906930/LIVE-FUTURES-REPORT-0212-LME-base-metal-prices-down-despite-better-than-expected-China-data.htmlMon, 02 Dec 2019 10:15:00 GMTPRICING NOTICE: Change in publication day for China domestic coking coal priceFastmarkets has changed the publication day for its weekly Shanxi-origin, Tangshan-delivered domestic China coking coal price from every Friday to every Monday. http://www.metalbulletin.com/Article/3906925/PRICING-NOTICE-Change-in-publication-day-for-China-domestic-coking-coal-price.htmlMon, 02 Dec 2019 10:12:00 GMTSlab import prices in Asia up on rising offers, HRC recoveryImport prices for steel slab in Southeast Asia and East Asia widened upwards over the past week as suppliers increased their asking prices amid a sustained uptrend in the price of HRC.http://www.metalbulletin.com/Article/3906908/Slab-import-prices-in-Asia-up-on-rising-offers-HRC-recovery.htmlMon, 02 Dec 2019 10:02:00 GMTCHINA HRC: Supply remains short on logistics bottlenecksChina’s hot-rolled coil prices in the east gained on Monday December 2, with supply remaining short partly due to slow logistics and rising transportation costs.http://www.metalbulletin.com/Article/3906928/CHINA-HRC-Supply-remains-short-on-logistics-bottlenecks.htmlMon, 02 Dec 2019 09:56:00 GMTSingapore rebar import prices rise on higher raw materials costsSingapore rebar import prices have risen in the past week on higher raw materials prices.http://www.metalbulletin.com/Article/3906920/Singapore-rebar-import-prices-rise-on-higher-raw-materials-costs.htmlMon, 02 Dec 2019 09:55:00 GMTMORNING VIEW: China’s manufacturing moves back into expansion mode – bodes well for metalsThe demand outlook for the metals has improved now that two of China’s manufacturing purchasing managers’ indices (PMI) showed manufacturing was in expansion mode. http://www.metalbulletin.com/Article/3906923/MORNING-VIEW-Chinas-manufacturing-moves-back-into-expansion-modebodes-well-for-metals.htmlMon, 02 Dec 2019 09:30:00 GMTCHINA REBAR: Northern prices down on weak demandNorthern China’s rebar prices decreased on Monday December 2 on weakening demand, but those in eastern China held steady amid support from gains in the futures market. http://www.metalbulletin.com/Article/3906921/CHINA-REBAR-Northern-prices-down-on-weak-demand.htmlMon, 02 Dec 2019 09:15:00 GMTMajor Japanese mill to raise Asian HRC offers by $50 per tonneA major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr basis for January-shipment materials.http://www.metalbulletin.com/Article/3906914/Major-Japanese-mill-to-raise-Asian-HRC-offers-by-50-per-tonne.htmlMon, 02 Dec 2019 05:23:00 GMTSeaborne iron ore concentrate, pellet prices move higher amid persistent mill profitsSeaborne iron ore concentrate and pellet prices continued to rise last week, with Chinese steelmakers still favoring higher grade materials given extending profitability.http://www.metalbulletin.com/Article/3906919/Seaborne-iron-ore-concentrate-pellet-prices-move-higher-amid-persistent-mill-profits.htmlMon, 02 Dec 2019 04:58:00 GMTLIVE FUTURES REPORT 02/12: SHFE base metals prices mixed; nickel underperforms with 0.9% dropBase metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Monday December 2 while market participants awaited further developments in trade talks between China and the United States.http://www.metalbulletin.com/Article/3906916/LIVE-FUTURES-REPORT-0212-SHFE-base-metals-prices-mixed-nickel-underperforms-with-09-drop.htmlMon, 02 Dec 2019 04:13:00 GMTChina's Shagang raises long steel prices for early DecemberEastern China’s Shagang has increased the prices for its long steel products booked over the December 1-10 period, according to its announcement on Sunday December 1.http://www.metalbulletin.com/Article/3906909/Chinas-Shagang-raises-long-steel-prices-for-early-December.htmlMon, 02 Dec 2019 03:30:00 GMTACW 2019 - INTERVIEW: Chinese copper smelter shutdowns amid high costs, competitor expansions are natural transition – KGHM execReduced production, prolong care and maintenance periods or even shutdowns at some less efficient and smaller copper smelters in China would come as no surprise next year due to the higher costs of concentrates and competition from capacity expansions from bigger smelters, vice president of international assets at Polish copper producer KGHM Polska Miedz SA said.http://www.metalbulletin.com/Article/3906469/ACW-2019-INTERVIEW-Chinese-copper-smelter-shutdowns-amid-high-costs-competitor-expansions-are-natural.htmlMon, 02 Dec 2019 02:30:00 GMTGLOBAL BILLET WRAP: Prices keep climbing amid more gains in scrap sectorPrices in the major global markets for steel billet continued to increase in the week ended Friday November 29 amid more gains in the price of scrap because of seasonal factors. http://www.metalbulletin.com/Article/3906666/GLOBAL-BILLET-WRAP-Prices-keep-climbing-amid-more-gains-in-scrap-sector.htmlMon, 02 Dec 2019 00:01:00 GMTWEEKLY SCRAP WRAP: Global markets see higher prices but US absent for holidayGlobal scrap prices returned to growth during the week ended Friday November 29, with trading continuing in all the major scrap markets except the United States, which was quiet due to its Thanksgiving holiday, http://www.metalbulletin.com/Article/3906860/WEEKLY-SCRAP-WRAP-Global-markets-see-higher-prices-but-US-absent-for-holiday.htmlFri, 29 Nov 2019 21:15:00 GMTBrazil's slab export price stays on uptrend in deals to North AmericaThe export price for Brazilian steel slabs continued its uptrend during the week ended Friday November 29 with more expensive offers to North America starting to be accepted, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3906876/Brazils-slab-export-price-stays-on-uptrend-in-deals-to-North-America.htmlFri, 29 Nov 2019 20:45:00 GMTBATTERY RAW MATERIALS MARKET REPORT 29/11: Cobalt sulfate discount narrows, hydroxide prices fallAn overview of the battery raw materials markets and their latest price moves from the past week. http://www.metalbulletin.com/Article/3906859/BATTERY-RAW-MATERIALS-MARKET-REPORT-2911-Cobalt-sulfate-discount-narrows-hydroxide-prices-fall.htmlFri, 29 Nov 2019 20:12:00 GMTUK SCRAP: Light iron market steady on export price gainsThe inter-merchant spot price for light iron scrap in the UK was unchanged in the week ended Friday November 29, based on a steady increase in European export prices to Turkey and regular demand from major British shredders, trade sources told Fastmarkets. http://www.metalbulletin.com/Article/3906875/UK-SCRAP-Light-iron-market-steady-on-export-price-gains.htmlFri, 29 Nov 2019 19:24:00 GMTGLOBAL CHROME SNAPSHOT: Alloy prices under pressure in Asia and Europe from weak demand Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday November 29.http://www.metalbulletin.com/Article/3906870/GLOBAL-CHROME-SNAPSHOT-Alloy-prices-under-pressure-in-Asia-and-Europe-from-weak-demand.htmlFri, 29 Nov 2019 18:35:00 GMTEUROPE ALLOY STEEL SCRAP: Prices steady in quiet marketAustenitic alloy steel scrap prices in the UK domestic market were largely stable this week because low demand was matched by dwindling supply, sources said on Friday November 29. http://www.metalbulletin.com/Article/3906867/EUROPE-ALLOY-STEEL-SCRAP-Prices-steady-in-quiet-market.htmlFri, 29 Nov 2019 18:30:00 GMTIndian domestic billet prices dip on reduced buyingIndian domestic secondary billet prices continued to be subdued during the week ended Friday November 29 with makers of long steel products reducing their purchases of semi-finished material. http://www.metalbulletin.com/Article/3906854/Indian-domestic-billet-prices-dip-on-reduced-buying.htmlFri, 29 Nov 2019 17:45:00 GMTGLOBAL MANGANESE SNAPSHOT: Ore prices dip ahead of release of January offersKey data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 29.http://www.metalbulletin.com/Article/3906864/GLOBAL-MANGANESE-SNAPSHOT-Ore-prices-dip-ahead-of-release-of-January-offers.htmlFri, 29 Nov 2019 17:42:00 GMTGLOBAL FERRO-SILICON SNAPSHOT: European supply worries fuel further price increase Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 29http://www.metalbulletin.com/Article/3906858/GLOBAL-FERRO-SILICON-SNAPSHOT-European-supply-worries-fuel-further-price-increase.htmlFri, 29 Nov 2019 17:40:00 GMTLIVE FUTURES REPORT 29/11: LME nickel sheds 2.3%; Al spread backwardations widen despite inflowsThe three-month price of nickel traded on the London Metal Exchange continued its descent below $14,000 per tonne to close at $13,675 per tonne on Friday 29, down by 2.3%, amid stainless steel demand concerns and ongoing macro tension between the United States and China. http://www.metalbulletin.com/Article/3906866/LIVE-FUTURES-REPORT-2911-LME-nickel-sheds-23-Al-spread-backwardations-widen-despite-inflows.htmlFri, 29 Nov 2019 17:38:00 GMTEUROPE STAINLESS STEEL: Prices edge down ahead of expected plunge on December surchargesThe price of grade-304 stainless steel flat products in Europe widened downward this week in anticipation of much more substantial decreases in December, when mills were expected to bring into effect significantly lower alloy surcharges, Fastmarkets heard on Friday November 29. http://www.metalbulletin.com/Article/3906863/EUROPE-STAINLESS-STEEL-Prices-edge-down-ahead-of-expected-plunge-on-December-surcharges.htmlFri, 29 Nov 2019 17:35:00 GMTNOBLE ALLOYS MARKET REPORT 29/11: Molybdenum oxide up in Busan on more spot interest; Rotterdam follows upAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3906862/NOBLE-ALLOYS-MARKET-REPORT-2911-Molybdenum-oxide-up-in-Busan-on-more-spot-interest-Rotterdam-follows.htmlFri, 29 Nov 2019 17:35:00 GMTCIS STEEL BILLET: Market rises on new bookings, higher scrap costsPrices in the CIS export billet market continued to climb in the last week of November, supported by the continuing uptrend in the international scrap market. http://www.metalbulletin.com/Article/3906857/CIS-STEEL-BILLET-Market-rises-on-new-bookings-higher-scrap-costs.htmlFri, 29 Nov 2019 17:12:00 GMTINDIA IMPORT SCRAP: Prices inch up on lack of materialThe price of ferrous scrap imported into India climbed by less than $1 per tonne this week while market participants struggled to source material, they told Fastmarkets.http://www.metalbulletin.com/Article/3906855/INDIA-IMPORT-SCRAP-Prices-inch-up-on-lack-of-material.htmlFri, 29 Nov 2019 17:08:00 GMTMINOR METALS MARKET REPORT 29/11: Bismuth down first time since Fanya auction; antimony close to parityAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3906786/MINOR-METALS-MARKET-REPORT-2911-Bismuth-down-first-time-since-Fanya-auction-antimony-close-to-parity.htmlFri, 29 Nov 2019 17:08:00 GMTIndian mills raise HRC export price on better domestic demandIndian hot-rolled coil producers have increased their export prices for the commodity by at least $10 per tonne in the past week, citing higher demand and raised prices in the domestic market. http://www.metalbulletin.com/Article/3906865/Indian-mills-raise-HRC-export-price-on-better-domestic-demand.htmlFri, 29 Nov 2019 16:56:00 GMTDAILY SCRAP REPORT: European cargo pushes prices up furtherTurkish steel scrap import prices continued to strengthen in the latest deep-sea cargo, despite sluggish demand for finished rebar and billet, sources said on Friday November 29. http://www.metalbulletin.com/Article/3906756/DAILY-SCRAP-REPORT-European-cargo-pushes-prices-up-further.htmlFri, 29 Nov 2019 16:22:00 GMTEUROPE ALLOY STEEL SURCHARGES: December values plunge on nickel, moly costsMonthly European alloy steel surcharges have plunged for December because of lower nickel and molybdenum costs, Fastmarkets heard on Friday November 29.http://www.metalbulletin.com/Article/3906815/EUROPE-ALLOY-STEEL-SURCHARGES-December-values-plunge-on-nickel-moly-costs.htmlFri, 29 Nov 2019 16:20:00 GMTALUMINA ROUND-UP: Fob India deals trade in high $280s; active week for LME futures contractBenchmark fob Australia prices for alumina remained below $280 per tonne in the week ended Friday November 29 despite deals for India-origin material still being made at higher levels. http://www.metalbulletin.com/Article/3906636/ALUMINA-ROUND-UP-Fob-India-deals-trade-in-high-280s-active-week-for-LME-futures-contract.htmlFri, 29 Nov 2019 16:05:00 GMTCIS PIG IRON: Mills bullish because of low availability Pig iron exporters from the Commonwealth of Independent States were bullish in the week to Friday November 29 because of low availability and several sales to the United States and China.http://www.metalbulletin.com/Article/3906754/CIS-PIG-IRON-Mills-bullish-because-of-low-availability.htmlFri, 29 Nov 2019 15:52:00 GMTTURKEY COATED FLAT STEEL: Prices stable on firm demandTurkish prices for hot-dipped galvanized coil (HDG) and color-coated coil, or pre-painted galvanized iron (PPGI), were stable in the week to Friday November 29, with demand strong in the domestic market because of expectations that prices will rise further, sources have told Fastmarkets. http://www.metalbulletin.com/Article/3906670/TURKEY-COATED-FLAT-STEEL-Prices-stable-on-firm-demand.htmlFri, 29 Nov 2019 15:28:00 GMTPOLAND REBAR: Mills give discounts, but target price riseRebar producers in Poland have been boosting demand by giving discounts on their products in the week to Friday November 29, a week after announcing price rises, sources told Fastmarkets. http://www.metalbulletin.com/Article/3906630/POLAND-REBAR-Mills-give-discounts-but-target-price-rise.htmlFri, 29 Nov 2019 15:01:00 GMTTURKEY FLAT STEEL: Price rises slower but demand still goodTurkish flat steel producers increased their prices slightly during the week ended Friday November 29, with demand strong in the market because of the expectation that prices will increase further. http://www.metalbulletin.com/Article/3906667/TURKEY-FLAT-STEEL-Price-rises-slower-but-demand-still-good.htmlFri, 29 Nov 2019 14:42:00 GMTGLOBAL LITHIUM WRAP: Ongoing contract price negotiations put pressure on seaborne Asian lithium prices; rest of world soft The cif China, Japan and Korea battery-grade lithium price fell by more than 2% in the week to Thursday November 28, with buyers reluctant to accept any increases because of falling prices in China, where battery-grade lithium hydroxide prices also continued to decline. http://www.metalbulletin.com/Article/3906633/GLOBAL-LITHIUM-WRAP-Ongoing-contract-price-negotiations-put-pressure-on-seaborne-Asian-lithium-prices.htmlFri, 29 Nov 2019 13:30:00 GMTCHINA MINOR METALS MARKET REPORT 29/11: Selenium price drops amid oversupply; antimony under persistent pressure on destockingAn overview of the Chinese minor metals markets and the reasons for their latest price moves. http://www.metalbulletin.com/Article/3906631/CHINA-MINOR-METALS-MARKET-REPORT-2911-Selenium-price-drops-amid-oversupply-antimony-under-persistent.htmlFri, 29 Nov 2019 12:51:00 GMTTurkish long steel producer Koç Metalurji to restart idled steel worksTurkish long steel producer Koç Metalurji will resume production at its steel and rolling mills at reduced outputs at the beginning of the December, a company spokesperson told to Fastmarkets on Friday November 29. http://www.metalbulletin.com/Article/3906635/Turkish-long-steel-producer-Ko-Metalurji-to-restart-idled-steel-works.htmlFri, 29 Nov 2019 12:30:00 GMTIRON ORE DAILY: Prices slip amid buying inactivitySeaborne iron ore prices retreated on Friday November 29, with buying activity limited. http://www.metalbulletin.com/Article/3906634/IRON-ORE-DAILY-Prices-slip-amid-buying-inactivity.htmlFri, 29 Nov 2019 11:55:00 GMTCOKING COAL DAILY: Flurry of trades pushes prices higherSeaborne coking coal prices ended the week higher amid a flurry of transactions on Friday November 29. http://www.metalbulletin.com/Article/3906626/COKING-COAL-DAILY-Flurry-of-trades-pushes-prices-higher.htmlFri, 29 Nov 2019 11:22:00 GMTCHINA HRC: Prices high due to supply bottleneckChina’s hot-rolled coil prices remained elevated on Friday November 29, with stable demand keeping trading active despite supply being affected by logistics problems. http://www.metalbulletin.com/Article/3906625/CHINA-HRC-Prices-high-due-to-supply-bottleneck.htmlFri, 29 Nov 2019 11:02:00 GMTChinese buyers' absence fails to halt rising Southeast Asian billet import pricesPrices in Southeast Asia’s steel billet market continued to climb during the week to Friday November 29 despite the absence of Chinese importers from the spot market.http://www.metalbulletin.com/Article/3906623/Chinese-buyers-absence-fails-to-halt-rising-Southeast-Asian-billet-import-prices.htmlFri, 29 Nov 2019 10:02:00 GMTLIVE FUTURES REPORT 29/11: 42kt of aluminium flows into LME warehousesA significant 42,050 tonnes of aluminium was put back into London Metal Exchange-approved warehouses on the morning of Friday November 29 while metal holders’ bids to put nearby spreads into contango continue but as yet remain unsuccessful.http://www.metalbulletin.com/Article/3906624/LIVE-FUTURES-REPORT-2911-42kt-of-aluminium-flows-into-LME-warehouses.htmlFri, 29 Nov 2019 10:00:00 GMTCHINA REBAR: Participants concerned about rising supplyChina’s domestic rebar prices were flat on Friday November 29 amid only the mildest of upticks in the futures market, although participants continue to expect prices to drop over the next month in the eastern and southern regions of the country due to higher supply. http://www.metalbulletin.com/Article/3906621/CHINA-REBAR-Participants-concerned-about-rising-supply.htmlFri, 29 Nov 2019 09:15:00 GMTASIA FERROUS SCRAP: Strong demand drives up pricesDemand from key markets Vietnam and South Korea was strong this week, with major steel mills procuring large quantities of imported scrap.http://www.metalbulletin.com/Article/3906614/ASIA-FERROUS-SCRAP-Strong-demand-drives-up-prices.htmlFri, 29 Nov 2019 09:07:00 GMTLIVE FUTURES REPORT 29/11: SHFE base metals prices mixed amid risk-off sentiment; nickel falls 1.1%Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Friday November 29, with the complex under pressure following a pick-up in tensions between China and the United States.http://www.metalbulletin.com/Article/3906615/LIVE-FUTURES-REPORT-2911-SHFE-base-metals-prices-mixed-amid-risk-off-sentiment-nickel-falls-11.htmlFri, 29 Nov 2019 05:27:00 GMTACW 2019: SHFE to speed up its pace of internationalization, especially in copper The Shanghai Futures Exchange is moving closer to opening up to overseas investment with a recent feasibility study for the launch of qualified foreign institutional investors (QFII) and RMB qualified foreign institutional investors (RQFII) programs for copper and other products, the exchange’s senior manager of commodity trading section I told Fastmarkets.http://www.metalbulletin.com/Article/3906233/ACW-2019-SHFE-to-speed-up-its-pace-of-internationalization-especially-in-copper.htmlFri, 29 Nov 2019 02:10:00 GMTIN CASE YOU MISSED IT: 5 key stories from November 28Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.http://www.metalbulletin.com/Article/3906608/IN-CASE-YOU-MISSED-IT-5-key-stories-from-November-28.htmlFri, 29 Nov 2019 00:05:00 GMTLIVE FUTURES REPORT 28/11: LME base metals prices capped by low volumesBase metals prices traded on the London Metal Exchange were little changed at the close on Thursday November 28, with low trading volumes across the board by the 5pm kerb.http://www.metalbulletin.com/Article/3906605/LIVE-FUTURES-REPORT-2811-LME-base-metals-prices-capped-by-low-volumes.htmlThu, 28 Nov 2019 17:46:00 GMTTharisa FY earnings down 49.4% amid chrome price drop Tharisa reported a halving of its full-year earnings days after warning that lower chrome prices would significantly affect its financial performance. http://www.metalbulletin.com/Article/3906602/Tharisa-FY-earnings-down-494-amid-chrome-price-drop.htmlThu, 28 Nov 2019 17:16:00 GMTDAILY SCRAP REPORT: Limited demand for rebar is key concern for Turkish scrap marketTurkish mills skipped the day without any deep-sea scrap bookings on Thursday November 28, but the steelmakers are expected to book more scrap for January shipments soon, sources told Fastmarkets. http://www.metalbulletin.com/Article/3906548/DAILY-SCRAP-REPORT-Limited-demand-for-rebar-is-key-concern-for-Turkish-scrap-market.htmlThu, 28 Nov 2019 16:29:00 GMTINTERVIEW: Sulfide ore puts us in prime position for battery demand – Nornickel The emphasis on traditional mining and high-quality domestic sulfide ore deposits in Norilsk will give Russian mining company Nornickel a competitive edge in meeting growing battery demand, the company said in an interview with Fastmarkets. http://www.metalbulletin.com/Article/3906545/INTERVIEW-Sulfide-ore-puts-us-in-prime-position-for-battery-demandNornickel.htmlThu, 28 Nov 2019 16:12:00 GMTTURKEY STEEL BILLET: Costlier scrap pushes up prices despite poor demandBoth import and export prices for steel billet in Turkey have increased over the past week in line with the firmer scrap import values, sources said on Thursday November 28. http://www.metalbulletin.com/Article/3906546/TURKEY-STEEL-BILLET-Costlier-scrap-pushes-up-prices-despite-poor-demand.htmlThu, 28 Nov 2019 15:58:00 GMTTURKEY LONG STEEL: Domestic prices steady on moderate demandTurkish domestic rebar and wire rod prices have remained largely stable over the past week on moderate demand, sources said on Thursday November 28. http://www.metalbulletin.com/Article/3906544/TURKEY-LONG-STEEL-Domestic-prices-steady-on-moderate-demand.htmlThu, 28 Nov 2019 15:42:00 GMTEGYPT STEEL BILLET, REBAR: Price increases continue, demand strongPrices for steel rebar and billet in Egypt continued to rise in the week ended Thursday November 28 amid strong demand from the construction sector, sources told Fastmarkets. http://www.metalbulletin.com/Article/3906467/EGYPT-STEEL-BILLET-REBAR-Price-increases-continue-demand-strong.htmlThu, 28 Nov 2019 14:18:00 GMTFOCUS: ArcelorMittal’s approval for Essar Steel takeover opens door to new market, assists recovery of Indian steel sector The recent grant of approval from the Indian Supreme Court for ArcelorMittal’s acquisition of Essar Steel brings an end to years of legal wrangles, giving the global steelmaker access to a much sought-after market, and allowing the Indian steel sector to take a further step toward health. http://www.metalbulletin.com/Article/3906107/FOCUS-ArcelorMittals-approval-for-Essar-Steel-takeover-opens-door-to-new-market-assists-recovery-of.htmlThu, 28 Nov 2019 12:05:00 GMTIRON ORE DAILY: 65/62% Fe spread narrows with steel price dipSeaborne iron ore prices were rangebound on Thursday November 28, while the 65/62% Fe spread narrowed amid losses in steel prices and profits.http://www.metalbulletin.com/Article/3906466/IRON-ORE-DAILY-6562-Fe-spread-narrows-with-steel-price-dip.htmlThu, 28 Nov 2019 12:00:00 GMTCopper miner Antofagasta follows Freeport benchmark in annual concentrate dealsChilean copper miner Antofagasta Minerals has begun to settle annual copper concentrate supply contracts with treatment and refining charges (TC/RCs) set at $62 per tonne / 6.2 cents per pound, sources from the company and its smelting customers told Fastmarkets.http://www.metalbulletin.com/Article/3906465/Copper-miner-Antofagasta-follows-Freeport-benchmark-in-annual-concentrate-deals.htmlThu, 28 Nov 2019 11:35:00 GMTLIVE FUTURES REPORT 28/11: LME nickel price drops below $14,000/t The three-month nickel price on the London Metal Exchange shed 3.1% to hit a low of $13,930 per tonne during the morning session on Thursday November 28, trading below $14,000 per tonne for the first time since July 2019. http://www.metalbulletin.com/Article/3906456/LIVE-FUTURES-REPORT-2811-LME-nickel-price-drops-below-14000t.htmlThu, 28 Nov 2019 10:34:00 GMTCOKING COAL DAILY: Seaborne prices steady as domestic China market improves Buying activity in the seaborne coking coal market was kept warm by the Chinese market, where steel mills continue to procure imported materials.http://www.metalbulletin.com/Article/3906447/COKING-COAL-DAILY-Seaborne-prices-steady-as-domestic-China-market-improves.htmlThu, 28 Nov 2019 10:30:00 GMTLME WEEK 2019: The pivotal stories from the biggest week in metalsLME Week 2019 saw metals stuck in the middle of largely bullish supply-side fundamentals and decidedly bearish demand, with the global economy and industry looking shaky.http://www.metalbulletin.com/Article/3906145/LME-WEEK-2019-The-pivotal-stories-from-the-biggest-week-in-metals.htmlThu, 28 Nov 2019 09:45:00 GMTCHINA HRC: Overseas buyers await lower pricesChina’s domestic hot-rolled coil prices were largely stable on Thursday November 28, while in the export market buyers were refraining from placing orders on expectation of possible price drops in the near future.http://www.metalbulletin.com/Article/3906444/CHINA-HRC-Overseas-buyers-await-lower-prices.htmlThu, 28 Nov 2019 09:29:00 GMTMORNING VIEW: Metals give muted response to Trump’s support for Hong Kong protestorsUnited States President Donald Trump’s signing of bills to support Hong Kong’s protestors may undermine or delay progress in US-China trade talks; this seems to have become a headwind for equities this morning, Thursday November 28, but so far, with the exception of nickel, it has not dragged down base metals prices on the Shanghai Futures Exchange.http://www.metalbulletin.com/Article/3906442/MORNING-VIEW-Metals-give-muted-response-to-Trumps-support-for-Hong-Kong-protestors.htmlThu, 28 Nov 2019 09:22:00 GMTCHINA REBAR: Domestic prices keep dropping alongside temperatures China’s domestic rebar prices were lower on Thursday November 28, with a drop in temperature in many parts of the country curbing demand from the construction industry.http://www.metalbulletin.com/Article/3906441/CHINA-REBAR-Domestic-prices-keep-dropping-alongside-temperatures.htmlThu, 28 Nov 2019 09:00:00 GMTLower nickel, high inventory levels exert pressure on China’s stainless steel prices The Chinese stainless steel market was under pressure over the past week due to high local inventory levels and producers continuing to adjust their asking prices downward in response to the recent decline in the price of nickel, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3906440/Lower-nickel-high-inventory-levels-exert-pressure-on-Chinas-stainless-steel-prices.htmlThu, 28 Nov 2019 07:03:00 GMTCOBALT HYDROXIDE SNAPSHOT: Lower offers, Mutanda closure encourage more spot buyingKey data from the Wednesday November 27 pricing session in Shanghai and London. http://www.metalbulletin.com/Article/3906404/COBALT-HYDROXIDE-SNAPSHOT-Lower-offers-Mutanda-closure-encourage-more-spot-buying.htmlThu, 28 Nov 2019 06:25:00 GMTLIVE FUTURES REPORT 28/11: SHFE base metals prices largely rangebound; Pb climbs 1.2%, Ni slumpsWith the exception of lead and nickel, base metals prices on the Shanghai Futures Exchange were mostly rangebound during the morning trading session on Thursday November 28.http://www.metalbulletin.com/Article/3906439/LIVE-FUTURES-REPORT-2811-SHFE-base-metals-prices-largely-rangebound-Pb-climbs-12-Ni-slumps.htmlThu, 28 Nov 2019 06:02:00 GMTNEWSBREAK: Rio Tinto to resume aluminium shipments from Canada ops after rail strike endsAnglo-Australian miner Rio Tinto is to resume shipments of aluminium from its operations in Canada after an eight-day-long railway strike in the country came to an end, a company spokesman confirmed to Fastmarkets on Thursday November 28.http://www.metalbulletin.com/Article/3906437/NEWSBREAK-Rio-Tinto-to-resume-aluminium-shipments-from-Canada-ops-after-rail-strike-ends.htmlThu, 28 Nov 2019 04:57:00 GMTMINOR METALS MARKET REPORT 27/11: Selenium down again on competitive offers; antimony premium narrowsAn overview of the minor metals markets and their latest price moves. http://www.metalbulletin.com/Article/3906403/MINOR-METALS-MARKET-REPORT-2711-Selenium-down-again-on-competitive-offers-antimony-premium-narrows.htmlWed, 27 Nov 2019 19:50:00 GMTCOBALT SNAPSHOT: Standard-grade price dips below $16/lb on year-end destocking, slow buyingKey data from the November 27 pricing session in London. http://www.metalbulletin.com/Article/3906410/COBALT-SNAPSHOT-Standard-grade-price-dips-below-16lb-on-year-end-destocking-slow-buying.htmlWed, 27 Nov 2019 19:45:00 GMTLIVE FUTURES REPORT 27/11: Positive US GDP figures fail to boost LME nickel price; copper maintains gainsThe three-month nickel price on the London Metal Exchange was lower at the close of trading on Wednesday November 27, falling by a little more than 1% on thin turnover, while strength in the US economy did little to boost risk-off sentiment toward the base metals complex. http://www.metalbulletin.com/Article/3906414/LIVE-FUTURES-REPORT-2711-Positive-US-GDP-figures-fail-to-boost-LME-nickel-price-copper-maintains.htmlWed, 27 Nov 2019 19:05:00 GMTGLOBAL NICKEL WRAP: Premiums flat to lower across the globe Premiums have fallen in the United States over the past week on a year-end push for sales while rates in China are mixed and those in Europe are flat. http://www.metalbulletin.com/Article/3906264/GLOBAL-NICKEL-WRAP-Premiums-flat-to-lower-across-the-globe.htmlWed, 27 Nov 2019 18:30:00 GMTBASE METALS WARRANT REPORT 27/11A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday November 27. http://www.metalbulletin.com/Article/3906335/BASE-METALS-WARRANT-REPORT-2711.htmlWed, 27 Nov 2019 18:24:00 GMTEUROPE WIRE ROD: Northern Europe prices edge upward on scrap costs, demandThe price of steel mesh-quality wire rod in the Northern Europe domestic market edged upward this week, primarily because of higher ferrous scrap costs, Fastmarkets heard on Wednesday November 27. http://www.metalbulletin.com/Article/3906413/EUROPE-WIRE-ROD-Northern-Europe-prices-edge-upward-on-scrap-costs-demand.htmlWed, 27 Nov 2019 18:24:00 GMTSOUTHERN EUROPE REBAR: Prices up on improved demand, higher scrap costsThe price of rebar in the Southern European domestic market increased this week on improved demand in Italy and Spain and higher scrap costs, sources told Fastmarkets on Wednesday November 27. http://www.metalbulletin.com/Article/3906408/SOUTHERN-EUROPE-REBAR-Prices-up-on-improved-demand-higher-scrap-costs.htmlWed, 27 Nov 2019 18:00:00 GMTEUROPE HRC: Domestic prices to rise in north on renewed demand, lower volumes in spot marketDomestic prices for hot-rolled coil in Northern Europe were expected to rise due to restocking activity and lower availability in the spot market, sources told Fastmarkets on Wednesday November 27. http://www.metalbulletin.com/Article/3906406/EUROPE-HRC-Domestic-prices-to-rise-in-north-on-renewed-demand-lower-volumes-in-spot-market.htmlWed, 27 Nov 2019 17:35:00 GMTAQS starts steel output; to reach full capacity in early 2020 Algerian Qatari Steel (AQS) started its own steel production last week, the company told Fastmarkets at the sidelines of the Arab Iron & Steel Union (AISU) annual summit in Tunisia on Wednesday November 27. http://www.metalbulletin.com/Article/3906399/AQS-starts-steel-output-to-reach-full-capacity-in-early-2020.htmlWed, 27 Nov 2019 17:20:00 GMTIranian billet exporters close deals at higher pricesIranian billet producers achieved higher price levels in new deals amid strong demand and positive sentiment in the global market, sources said.http://www.metalbulletin.com/Article/3906337/Iranian-billet-exporters-close-deals-at-higher-prices.htmlWed, 27 Nov 2019 17:04:00 GMTNOBLE ALLOYS MARKET REPORT 27/11: Molybdenum oxide prices surrender last week's gainsAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3906302/NOBLE-ALLOYS-MARKET-REPORT-2711-Molybdenum-oxide-prices-surrender-last-weeks-gains.htmlWed, 27 Nov 2019 17:03:00 GMTNORTHERN EUROPE REBAR: Prices stable, next price move unclearThe price of rebar in the Northern Europe domestic market was unchanged this week with opinions differing over whether prices will move up or down before the end of the year, sources told Fastmarkets on Wednesday November 27. http://www.metalbulletin.com/Article/3906336/NORTHERN-EUROPE-REBAR-Prices-stable-next-price-move-unclear.htmlWed, 27 Nov 2019 16:42:00 GMTPRICING NOTICE: Fastmarkets extends consultation into increased regularity of normalization of manganese ore brands, change to payment termsFastmarkets is extending by one week to December 4 its proposal to increase the frequency of the normalization price data for its seaborne manganese ore indices to monthly from quarterly; and to change the payment terms.http://www.metalbulletin.com/Article/3906296/PRICING-NOTICE-Fastmarkets-extends-consultation-into-increased-regularity-of-normalization-of.htmlWed, 27 Nov 2019 16:18:00 GMTDAILY SCRAP REPORT: Mills start January bookings, prices upTurkish steel mills have started booking deep-sea scrap for January shipment at higher prices, sources said on Wednesday November 27.http://www.metalbulletin.com/Article/3906294/DAILY-SCRAP-REPORT-Mills-start-January-bookings-prices-up.htmlWed, 27 Nov 2019 16:04:00 GMTGLOBAL ZINC & LEAD WRAP: Italian spot zinc premium declines, Southeast Asia lead rates up [CORRECTED]Shifting London Metal Exchange zinc and lead prices have dictated premiums this past week, overriding fundamental shortages from key suppliers. http://www.metalbulletin.com/Article/3906297/GLOBAL-ZINC-and-LEAD-WRAP-Italian-spot-zinc-premium-declines-Southeast-Asia-lead-rates-up-[CORRECTED].htmlWed, 27 Nov 2019 15:59:00 GMTEUROPE BEAMS: Prices inch up as mills continue push for increasesSteel H-beam prices in Northern Europe moved up on Wednesday November 27 with producers continuing to push for price increases, sources told Fastmarkets. http://www.metalbulletin.com/Article/3906298/EUROPE-BEAMS-Prices-inch-up-as-mills-continue-push-for-increases.htmlWed, 27 Nov 2019 15:55:00 GMTLiquidity surges at $290/t for 2020 on Fastmarkets-LME alumina contractThe London Metal Exchange’s cash-settled alumina futures contract, which is settled against a basket of prices that includes Fastmarkets’ index, has seen a flurry of activity on the January 2020 prompt date.http://www.metalbulletin.com/Article/3906234/Liquidity-surges-at-290t-for-2020-on-Fastmarkets-LME-alumina-contract.htmlWed, 27 Nov 2019 13:44:00 GMTIRON ORE DAILY: Prices dip below $88/t on futures, steel declinePhysical iron ore prices generally weakened on Wednesday November 27 amid further losses in futures and steel markets.http://www.metalbulletin.com/Article/3906232/IRON-ORE-DAILY-Prices-dip-below-88t-on-futures-steel-decline.htmlWed, 27 Nov 2019 12:05:00 GMTCOKING COAL DAILY: Seaborne coking coal prices inch up Seaborne coking coal prices moved up on Wednesday November 27, driven by buying activity from China.http://www.metalbulletin.com/Article/3906219/COKING-COAL-DAILY-Seaborne-coking-coal-prices-inch-up.htmlWed, 27 Nov 2019 11:12:00 GMTLIVE FUTURES REPORT 27/11: LME base metals absorb trade-deal news in lackluster morning’s tradeBase metals traded lower in the morning session on the London Metal Exchange on Wednesday November 27, shrugging off any residual positive sentiment from the renewed US-Sino trade-talk optimism that led the Dow Jones index to fresh highs yesterday.http://www.metalbulletin.com/Article/3906215/LIVE-FUTURES-REPORT-2711-LME-base-metals-absorb-trade-deal-news-in-lackluster-mornings-trade.htmlWed, 27 Nov 2019 10:40:00 GMTGLOBAL COPPER WRAP: Fastmarkets launches EQ cathode premium assessments; US cathode premium narrows upwardSpot trading was muted in Shanghai this past week with market attention diverted to the annual Cesco Asia Copper Week industry event, while the US copper cathode premium narrowed upward despite participants continuing to focus primarily on 2020 annual contract negotiations.http://www.metalbulletin.com/Article/3906170/GLOBAL-COPPER-WRAP-Fastmarkets-launches-EQ-cathode-premium-assessments-US-cathode-premium-narrows.htmlWed, 27 Nov 2019 09:52:00 GMTCHINA HRC: Prices weaken in moderate tradingChina’s hot-rolled coil prices weakened on Wednesday November 27, with trading being moderate.http://www.metalbulletin.com/Article/3906206/CHINA-HRC-Prices-weaken-in-moderate-trading.htmlWed, 27 Nov 2019 09:40:00 GMTCHINA REBAR: Participants’ wait-and-see approach leads to inactivity, lower prices China’s domestic rebar prices dropped on Wednesday November 27 amid inactive trading. http://www.metalbulletin.com/Article/3906197/CHINA-REBAR-Participants-wait-and-see-approach-leads-to-inactivity-lower-prices.htmlWed, 27 Nov 2019 09:20:00 GMTNippon Steel acquires interest in Grosvenor coal mineAnglo American has sold a 12% interest in the Grosvenor coal mine in Queensland, Australia, to a consortium of Japanese companies, including steelmaker Nippon Steel, it said on Wednesday November 27.http://www.metalbulletin.com/Article/3906196/Nippon-Steel-acquires-interest-in-Grosvenor-coal-mine.htmlWed, 27 Nov 2019 09:05:00 GMTMORNING VIEW: LME base metals prices consolidate Tuesday’s gains; data-heavy day ahead of Thanksgiving may lead to choppy tradingFurther positive signs of a phase one trade deal between the United States and China boosted sentiment across a broad selection of markets on Tuesday November 26, and that included most of the base metals, but so far today metal prices have generally been consolidating.http://www.metalbulletin.com/Article/3906192/MORNING-VIEW-LME-base-metals-prices-consolidate-Tuesdays-gains-data-heavy-day-ahead-of-Thanksgiving.htmlWed, 27 Nov 2019 08:44:00 GMTGlobal crude steel production down 2.8% in OctGlobal crude steel production totaled 151.49 million tonnes in October, down by 2.8% from the same month a year earlier, according to data released by the World Steel Association (Worldsteel) on Tuesday November 26.http://www.metalbulletin.com/Article/3906190/Global-crude-steel-production-down-28-in-Oct.htmlWed, 27 Nov 2019 07:59:00 GMTNEWSBREAK: Producer offers Q1 MJP aluminium supply at $92 per tonne cif, trade sources sayA major aluminium producer has offered the light metal for delivery in January-March 2020 to main Japanese ports (MJP) on a cif basis at a premium of $92 per tonne over the London Metal Exchange cash price, four trade sources confirmed to Fastmarkets on Wednesday November 27.http://www.metalbulletin.com/Article/3906191/NEWSBREAK-Producer-offers-Q1-MJP-aluminium-supply-at-92-per-tonne-cif-trade-sources-say.htmlWed, 27 Nov 2019 07:30:00 GMTChina export plate prices stable on thin tradingChina’s plate exporters kept prices unaltered over the past week on domestic gains, but trading was thin.http://www.metalbulletin.com/Article/3906187/China-export-plate-prices-stable-on-thin-trading.htmlWed, 27 Nov 2019 06:25:00 GMTExport prices for Chinese wire rod keep rising on domestic gainsChina's export prices for wire rod maintained their upward trend over the past week, although overseas buyers showed little interest in Chinese products. http://www.metalbulletin.com/Article/3906181/Export-prices-for-Chinese-wire-rod-keep-rising-on-domestic-gains.htmlWed, 27 Nov 2019 05:50:00 GMTLIVE FUTURES REPORT 27/11: SHFE base metals prices shrug off further positive trade news; Cu up 0.5%Base metals prices on the Shanghai Futures Exchange were mostly down during the morning trading session on Wednesday on November 27, with only copper and zinc registering slight gains.http://www.metalbulletin.com/Article/3906189/LIVE-FUTURES-REPORT-2711-SHFE-base-metals-prices-shrug-off-further-positive-trade-news-Cu-up-05.htmlWed, 27 Nov 2019 05:43:00 GMTChina’s CRC, HDG export prices continue to rebound amid strong domestic demandExport prices for Chinese cold-rolled coil and hot-dipped galvanized coil remained on an upward trend during the week to Tuesday November 26 amid sustained increases in domestic prices, market sources said.http://www.metalbulletin.com/Article/3906188/Chinas-CRC-HDG-export-prices-continue-to-rebound-amid-strong-domestic-demand.htmlWed, 27 Nov 2019 04:59:00 GMTGLOBAL ALUMINIUM WRAP: US Midwest premium falls further; rate for Italian P1020A at 3-year lowThe premium for aluminium P1020A in Italy hit a three-year low in the week ended Tuesday November 26, while the premium in the United States continued to decline amid bearishness stemming from the persistent backwardation in London Metal Exchange forward price spreads.http://www.metalbulletin.com/Article/3906146/GLOBAL-ALUMINIUM-WRAP-US-Midwest-premium-falls-further-rate-for-Italian-P1020A-at-3-year-low.htmlWed, 27 Nov 2019 04:25:00 GMTGlencore’s Mutanda copper-cobalt mine shuts one month earlyMiner-trader Glencore suspended operations at its Mutanda copper-cobalt mine in the Democratic Republic of Congo (DRC) early this week - a month earlier than previously expected.http://www.metalbulletin.com/Article/3906186/Glencores-Mutanda-copper-cobalt-mine-shuts-one-month-early.htmlWed, 27 Nov 2019 04:23:00 GMTGULF STEEL BILLET, REBAR: Domestic prices increase, demand strongDomestic prices for steel reinforcing bar in the United Arab Emirates increased over the past week due to strong demand, market sources said on Tuesday November 26. http://www.metalbulletin.com/Article/3906162/GULF-STEEL-BILLET-REBAR-Domestic-prices-increase-demand-strong.htmlTue, 26 Nov 2019 22:31:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 26/11A summary of base metals premiums from across the globe for the week to Tuesday November 26.http://www.metalbulletin.com/Article/3906147/WEEKLY-BASE-METAL-PREMIUMS-REPORT-2611.htmlTue, 26 Nov 2019 20:27:00 GMTEUROPE HRC: Domestic prices rising slower in north than in southDomestic prices for hot-rolled coil have been recovering more slowly in Northern Europe than in the south of the region, sources told Fastmarkets on Tuesday November 26. http://www.metalbulletin.com/Article/3906154/EUROPE-HRC-Domestic-prices-rising-slower-in-north-than-in-south.htmlTue, 26 Nov 2019 19:08:00 GMTPRICING NOTICE: Fastmarkets consultation on daily cobalt pricing - deadline approachingFastmarkets invites market feedback on a consultation on a proposed increase in the frequency of its benchmark prices for cobalt standard grade and cobalt alloy grade, in-whs Rotterdam, to daily. http://www.metalbulletin.com/Article/3897916/PRICING-NOTICE-Fastmarkets-consultation-on-daily-cobalt-pricing-deadline-approaching.htmlTue, 26 Nov 2019 19:01:00 GMTLIVE FUTURES REPORT 26/11: LME copper price breaches $5,900 per tonne in 1% uptick; zinc struggles despite 1.2% riseThe three-month copper price on the London Metal Exchange moved higher at the close of trading on Tuesday November 26, breaching nearby resistance against modest turnover, while zinc futures failed to test the $2,300-per-tonne resistance level despite a 1.2% afternoon surge.http://www.metalbulletin.com/Article/3906151/LIVE-FUTURES-REPORT-2611-LME-copper-price-breaches-5900-per-tonne-in-1-uptick-zinc-struggles-despite.htmlTue, 26 Nov 2019 18:59:00 GMTGLOBAL VANADIUM WRAP: Ferro-vanadium edges up in Europe while China uptrend pauses; V2O5 tumbles 4.5% on increased spot liquidity European ferro-vanadium prices continued to edge higher on improved sentiment last week, while activity in the Chinese market quietened down. http://www.metalbulletin.com/Article/3905858/GLOBAL-VANADIUM-WRAP-Ferro-vanadium-edges-up-in-Europe-while-China-uptrend-pauses-V2O5-tumbles-45-on.htmlTue, 26 Nov 2019 17:53:00 GMTDAILY SCRAP REPORT: Weak rebar and billet demand keeps mills away from the scrap marketsTurkish steel mills remained quiet in the deep-sea scrap markets on Tuesday November 26 with prices unchanged, according to market sources.http://www.metalbulletin.com/Article/3906109/DAILY-SCRAP-REPORT-Weak-rebar-and-billet-demand-keeps-mills-away-from-the-scrap-markets.htmlTue, 26 Nov 2019 16:09:00 GMTArcelorMittal clears final hurdle for Essar Steel takeoverIndia’s Supreme Court has approved ArcelorMittal’s acquisition of Essar Steel, ending years of legal wrangles. http://www.metalbulletin.com/Article/3906080/ArcelorMittal-clears-final-hurdle-for-Essar-Steel-takeover.htmlTue, 26 Nov 2019 14:45:00 GMTSlab import prices in Asia unchanged amid sluggish demandImport prices for steel slab in Southeast Asia and East Asia were stable over the past week due to poor demand despite rebounding prices for downstream flat steel products.http://www.metalbulletin.com/Article/3906076/Slab-import-prices-in-Asia-unchanged-amid-sluggish-demand.htmlTue, 26 Nov 2019 12:27:00 GMTIRON ORE DAILY: 62% Fe price dips back below $90/t amid steel retreatSeaborne iron ore prices fell back below $90 per tonne cfr China on Tuesday November 26 after reclaiming the mark a day earlier, amid losses in steel markets.http://www.metalbulletin.com/Article/3906065/IRON-ORE-DAILY-62-Fe-price-dips-back-below-90t-amid-steel-retreat.htmlTue, 26 Nov 2019 12:05:00 GMTEU complains to WTO that Indonesia’s nickel export ban will hurt EU stainless steel sectorThe European Union has launched a complaint to the World Trade Organization (WTO) against Indonesian export restrictions on raw materials used in the production of stainless steel, the European Commission (EC) said on November 22.http://www.metalbulletin.com/Article/3906043/EU-complains-to-WTO-that-Indonesias-nickel-export-ban-will-hurt-EU-stainless-steel-sector.htmlTue, 26 Nov 2019 11:57:00 GMTCOKING COAL DAILY: Participants expect prices to remain steady in coming weeksSeaborne coking coal prices continue to trade in a range-bound manner, with participants keeping a close eye on the impact of the recent supply disruptions on market direction but not seeing them as major price drivers yet.http://www.metalbulletin.com/Article/3906064/COKING-COAL-DAILY-Participants-expect-prices-to-remain-steady-in-coming-weeks.htmlTue, 26 Nov 2019 11:30:00 GMTCHINA HRC: Prices weaken on rising supplyChina’s hot-rolled coil prices slid on Tuesday November 26, with buyers not in a rush to restock amid rising supply.http://www.metalbulletin.com/Article/3906041/CHINA-HRC-Prices-weaken-on-rising-supply.htmlTue, 26 Nov 2019 10:08:00 GMTLIVE FUTURES REPORT 26/11: LME base metals prices continue consolidation; lead edges lowerBase metals prices on the London Metal Exchange were mostly lower during morning trading on Tuesday November 26, with lead topping losses and closing in on nearby support levels. http://www.metalbulletin.com/Article/3906045/LIVE-FUTURES-REPORT-2611-LME-base-metals-prices-continue-consolidation-lead-edges-lower.htmlTue, 26 Nov 2019 10:05:00 GMTCHINA REBAR: Participants see domestic prices trending lowerEastern China’ rebar prices dropped slightly on Tuesday November 26, with participants telling Fastmarkets they expected prices to start trending downward on weakening winter demand.http://www.metalbulletin.com/Article/3906039/CHINA-REBAR-Participants-see-domestic-prices-trending-lower.htmlTue, 26 Nov 2019 09:45:00 GMTMORNING VIEW: LME base metals prices remain mixed, path of least resistance sideways to lowerWhile Wall Street climbs to record highs on optimism for a United States-China trade deal and on merger and acquisition developments, the metals at best tread water, while some head lower.http://www.metalbulletin.com/Article/3906037/MORNING-VIEW-LME-base-metals-prices-remain-mixed-path-of-least-resistance-sideways-to-lower.htmlTue, 26 Nov 2019 08:35:00 GMTACW 2019: Major Chinese copper rod producer expected to maintain elevated output rate despite weak demand growth outlookThe word “weak” was one commonly used by attendees of last week’s Cesco Asia Copper Week in Shanghai when describing their expectations for demand growth in China’s downstream copper markets next year. http://www.metalbulletin.com/Article/3905284/ACW-2019-Major-Chinese-copper-rod-producer-expected-to-maintain-elevated-output-rate-despite-weak.htmlTue, 26 Nov 2019 05:48:00 GMTLIVE FUTURES REPORT 26/11: SHFE base metals prices consolidate lower; lead slides 1.5%Base metals prices on the Shanghai Futures Exchange consolidated lower during the morning trading session on Tuesday November 26 while market participants await more clarity on a phase one trade agreement between China and the United States.http://www.metalbulletin.com/Article/3906036/LIVE-FUTURES-REPORT-2611-SHFE-base-metals-prices-consolidate-lower-lead-slides-15.htmlTue, 26 Nov 2019 05:40:00 GMTLIVE FUTURES REPORT 25/11: Risk-off sentiment sees LME copper stay below $5,900; lead tops lossesThe three-month copper price on the London Metal Exchange was marginally higher at the close of trading on Monday November 25, but prices failed to breach nearby resistance on moderately low turnover, while lead futures made the biggest losses over the day. http://www.metalbulletin.com/Article/3905998/LIVE-FUTURES-REPORT-2511-Risk-off-sentiment-sees-LME-copper-stay-below-5900-lead-tops-losses.htmlMon, 25 Nov 2019 20:28:00 GMTKunming Rongke wins auction for entire Fanya bismuth stock with $86mln bidKunming Rongke New Materials has won the entirety of the bismuth stock held by the collapsed Fanya Metal Exchange in an auction that ended on Saturday November 23, according to the official auction results posted on the Alibaba judicial online platform.http://www.metalbulletin.com/Article/3905814/Kunming-Rongke-wins-auction-for-entire-Fanya-bismuth-stock-with-86mln-bid.htmlMon, 25 Nov 2019 17:53:00 GMTGLOBAL CHROME WRAP: Markets flatline in China ahead of December tenders, North Asian alloy prices weaken Chinese markets for chrome ore and alloy were stable week on week on Friday November 22 in the run up to announcements for December ferro-chrome tender prices. http://www.metalbulletin.com/Article/3905903/GLOBAL-CHROME-WRAP-Markets-flatline-in-China-ahead-of-December-tenders-North-Asian-alloy-prices.htmlMon, 25 Nov 2019 17:46:00 GMTManganese ore prices edge up but reprieve seen temporary with inventories at new highSeaborne manganese ore prices for both grades rose by more than 1% in the week ended Friday November 22 after sentiment improved in response to rises in the domestic port-side market. http://www.metalbulletin.com/Article/3905992/Manganese-ore-prices-edge-up-but-reprieve-seen-temporary-with-inventories-at-new-high.htmlMon, 25 Nov 2019 17:10:00 GMTEUROPE HRC: Northern European mills continue to offer at low pricesNorthern European mills have been offering and trading hot-rolled coil at lower prices in a bid to attract more orders, despite an anticipated price increase, sources told Fastmarkets on Monday November 25.http://www.metalbulletin.com/Article/3905963/EUROPE-HRC-Northern-European-mills-continue-to-offer-at-low-prices.htmlMon, 25 Nov 2019 17:01:00 GMTGLOBAL SILICON SNAPSHOT: European price rises on supply-side upward pressure; Chinese market stabilizes Key data from the pricing sessions in London and Shanghai in the week ended Friday November 22. http://www.metalbulletin.com/Article/3905962/GLOBAL-SILICON-SNAPSHOT-European-price-rises-on-supply-side-upward-pressure-Chinese-market-stabilizes.htmlMon, 25 Nov 2019 16:40:00 GMTDAILY SCRAP REPORT: Mills expected to book more scrap for December delivery, prices steadyTurkish steel producers made no deep-sea scrap purchases on the first working day of the week, but are still expected to buy more cargoes for December delivery, sources told Fastmarkets on Monday November 25.http://www.metalbulletin.com/Article/3905898/DAILY-SCRAP-REPORT-Mills-expected-to-book-more-scrap-for-December-delivery-prices-steady.htmlMon, 25 Nov 2019 16:00:00 GMTCIS FLAT STEEL: Prices continue to increase in line with raw materialsExport prices for hot-rolled and cold-rolled coil, and heavy plate from the Commonwealth of Independent States have continued to increase over the past week, in line with increasing raw material prices, sources told Fastmarkets.http://www.metalbulletin.com/Article/3905871/CIS-FLAT-STEEL-Prices-continue-to-increase-in-line-with-raw-materials.htmlMon, 25 Nov 2019 15:06:00 GMTArcelorMittal, Gerdau aim for 12% Brazilian rebar price increase in January Brazilian rebar suppliers ArcelorMittal and Gerdau have announced a price hike of up to 12% for January orders, Fastmarkets understands. http://www.metalbulletin.com/Article/3905895/ArcelorMittal-Gerdau-aim-for-12-Brazilian-rebar-price-increase-in-January.htmlMon, 25 Nov 2019 14:59:00 GMTEuropean ferro-silicon market rebounds on renewed inter-trade The European ferro-silicon spot price jumped by more than 7% in the past week, breaking a three-week run of stability on increased trading activity. http://www.metalbulletin.com/Article/3905862/European-ferro-silicon-market-rebounds-on-renewed-inter-trade.htmlMon, 25 Nov 2019 13:09:00 GMTIRON ORE DAILY: 62% Fe price returns above $90/tSeaborne iron ore prices rose further on Monday November 25, with the 62% Fe index getting back above $90 per tonne cfr for the first time in over a month.http://www.metalbulletin.com/Article/3905849/IRON-ORE-DAILY-62-Fe-price-returns-above-90t.htmlMon, 25 Nov 2019 12:05:00 GMTCOKING COAL DAILY: Seaborne prices steady Seaborne coking coal prices were steady on Monday November 25, as participants stayed on the sidelines to gauge direction following last week’s increase.http://www.metalbulletin.com/Article/3905830/COKING-COAL-DAILY-Seaborne-prices-steady.htmlMon, 25 Nov 2019 11:15:00 GMTGLOBAL TUNGSTEN SNAPSHOT: Chinese APT range narrows downward on concentrate market downtrend Key data from the pricing sessions in London and Shanghai in the week to Friday November 22. http://www.metalbulletin.com/Article/3905828/GLOBAL-TUNGSTEN-SNAPSHOT-Chinese-APT-range-narrows-downward-on-concentrate-market-downtrend.htmlMon, 25 Nov 2019 11:03:00 GMTSHFE STOCKS REPORT 25/11: All base metals stocks decrease; zinc falls by 13%Zinc stocks at Shanghai Futures Exchange-approved warehouses recorded the largest drop in percentage terms in the week ended Friday November 22.http://www.metalbulletin.com/Article/3905825/SHFE-STOCKS-REPORT-2511-All-base-metals-stocks-decrease-zinc-falls-by-13.htmlMon, 25 Nov 2019 10:55:00 GMTMiddle Eastern steel producers ask for more protectionismSteel producers in the Middle East asked for more protectionism against cheap imports in 2019 and this trend is expected to continue in 2020.http://www.metalbulletin.com/Article/3905809/Middle-Eastern-steel-producers-ask-for-more-protectionism.htmlMon, 25 Nov 2019 10:37:00 GMTLIVE FUTURES REPORT 25/11: Fresh 50kt inflow fails to soften LME aluminium price; copper tops gains amid 36kt fresh cancelation The three-month aluminium price on the London Metal Exchange consolidated during morning trading on Monday November 25, while a fresh inflow of 50,950 tonnes did little to move the metal’s stagnant price.http://www.metalbulletin.com/Article/3905827/LIVE-FUTURES-REPORT-2511-Fresh-50kt-inflow-fails-to-soften-LME-aluminium-price-copper-tops-gains-amid.htmlMon, 25 Nov 2019 10:30:00 GMTChilean mining leader hopes unrest will not slow foreign investment into lithium-focused sectorThe leader of the Chilean mining association Consejo Minero has claimed that he has seen no evidence that the unrest that has wracked Chile since October may reduce investment into the country’s important mining sector, which accounts for around of a third of global lithium supplies. http://www.metalbulletin.com/Article/3905815/Chilean-mining-leader-hopes-unrest-will-not-slow-foreign-investment-into-lithium-focused-sector.htmlMon, 25 Nov 2019 10:01:00 GMTASIA HRC: Some buyers hesitate as prices rise furtherHot-rolled coil prices in Asia continued to gain last week, but some buyers in Vietnam have started to delay making further purchases amid expectations that the market could start to pull back.http://www.metalbulletin.com/Article/3905818/ASIA-HRC-Some-buyers-hesitate-as-prices-rise-further.htmlMon, 25 Nov 2019 10:00:00 GMTCHINA HRC: Prices gain on robust tradingChina’s hot-rolled coil prices gained on Monday November 25, with trading robust amid low inventory.http://www.metalbulletin.com/Article/3905823/CHINA-HRC-Prices-gain-on-robust-trading.htmlMon, 25 Nov 2019 09:20:00 GMTMORNING VIEW: LME base metals prices mixed, gold prices weaker as optimism for trade deal picks upAnother wave of optimism regarding United States-China trade talks has boosted broader markets and weakened havens, but the base metals have not taken much notice.http://www.metalbulletin.com/Article/3905822/MORNING-VIEW-LME-base-metals-prices-mixed-gold-prices-weaker-as-optimism-for-trade-deal-picks-up.htmlMon, 25 Nov 2019 08:53:00 GMTFREE WEB SEMINAR: Introducing the new Fastmarkets LME aluminium MJP contractFastmarkets will host a free web seminar on Monday November 25 at 9:30am London time, to introduce the new Fastmarkets-settled London Metal Exchange cash-settled main Japanese ports (MJP) aluminium premium contract.http://www.metalbulletin.com/Article/3904719/FREE-WEB-SEMINAR-Introducing-the-new-Fastmarkets-LME-aluminium-MJP-contract.htmlMon, 25 Nov 2019 08:50:00 GMTLIVE FUTURES REPORT 25/11: Broadly positive start to week for SHFE base metals prices; Ni climbs 1.9%Base metals prices on the Shanghai Futures Exchange were mostly up during the morning trading session on Monday November 25, with fresh hopes for a trade deal between China and the United States and firm US manufacturing data supporting the complex.http://www.metalbulletin.com/Article/3905816/LIVE-FUTURES-REPORT-2511-Broadly-positive-start-to-week-for-SHFE-base-metals-prices-Ni-climbs-19.htmlMon, 25 Nov 2019 05:41:00 GMTSeaborne iron ore concentrate, pellet prices advance amid wider market gainsSeaborne iron ore concentrate and pellet prices rose last week amid a general rebound in the market. http://www.metalbulletin.com/Article/3905817/Seaborne-iron-ore-concentrate-pellet-prices-advance-amid-wider-market-gains.htmlMon, 25 Nov 2019 05:33:00 GMTFANYA AUCTIONS ROLLING REPORT: Track the results of minor metals salesThe whereabouts of minor metal stocks held by the now defunct Fanya Metals Exchange has been a weight on the outlook of minor metals prices and contract negotiations since the exchange collapsed in 2015. http://www.metalbulletin.com/Article/3899362/FANYA-AUCTIONS-ROLLING-REPORT-Track-the-results-of-minor-metals-sales.htmlMon, 25 Nov 2019 03:16:00 GMTGLOBAL BILLET WRAP: China continues imports amid sustained strength in international pricesSteel billet prices in most markets around the world continued to experience gains in the week ended Friday November 22 because suppliers were unwilling to provide discounts to buyers while the arbitrage window between international and domestic Chinese prices remained open. http://www.metalbulletin.com/Article/3905522/GLOBAL-BILLET-WRAP-China-continues-imports-amid-sustained-strength-in-international-prices.htmlMon, 25 Nov 2019 00:01:00 GMTALUMINIUM BILLET WRAP: US, Italy premiums continue to hit fresh lows; Brazil, Thailand premiums steadyThe premium for aluminium billet in the US and Italy continued to hit record lows, with poor fundamentals putting sustained downward pressure on the market.http://www.metalbulletin.com/Article/3905764/ALUMINIUM-BILLET-WRAP-US-Italy-premiums-continue-to-hit-fresh-lows-Brazil-Thailand-premiums-steady.htmlSun, 24 Nov 2019 04:07:00 GMTBATTERY RAW MATERIALS MARKET REPORT 22/11: Cobalt hydroxide payables, lithium prices fall again on cautious buyingAn overview of the battery raw materials markets and their latest price moves from the past week. http://www.metalbulletin.com/Article/3905765/BATTERY-RAW-MATERIALS-MARKET-REPORT-2211-Cobalt-hydroxide-payables-lithium-prices-fall-again-on.htmlFri, 22 Nov 2019 20:35:00 GMTEUROPE STAINLESS STEEL: Prices stay unchanged ahead of alloy surcharge announcementsStainless steel prices in the European domestic market have been stable over the past week, with market participants waiting for mills to announce their December surcharges, sources told Fastmarkets on Friday November 22. http://www.metalbulletin.com/Article/3905788/EUROPE-STAINLESS-STEEL-Prices-stay-unchanged-ahead-of-alloy-surcharge-announcements.htmlFri, 22 Nov 2019 20:24:00 GMTSouth America flat-steel import prices rise on global uptrendSouth America caught up with the global steel price upturn in the week ended Friday November 22, with new formal import offers being made and some deals reported at prices at least $10 per tonne higher than the previous week. http://www.metalbulletin.com/Article/3905773/South-America-flat-steel-import-prices-rise-on-global-uptrend.htmlFri, 22 Nov 2019 19:40:00 GMTEUROPE ALLOY STEEL SCRAP: UK domestic prices stabilize after last week's significant fallUK alloy steel scrap prices remained largely unchanged over the past seven days following a significant drop last week, sources told Fastmarkets on Friday November 22. http://www.metalbulletin.com/Article/3905785/EUROPE-ALLOY-STEEL-SCRAP-UK-domestic-prices-stabilize-after-last-weeks-significant-fall.htmlFri, 22 Nov 2019 19:33:00 GMTWEEKLY SCRAP WRAP: Global prices struggle for growth on dip in trading activityGlobal scrap prices remained relatively stable due to a lull in trading during the working week ended Friday November 22, with the exceptions of the Indian market, which dipped, and Taiwan, where prices rose. http://www.metalbulletin.com/Article/3905733/WEEKLY-SCRAP-WRAP-Global-prices-struggle-for-growth-on-dip-in-trading-activity.htmlFri, 22 Nov 2019 19:32:00 GMTMINOR METALS MARKET REPORT 22/11: Cheaper selenium bids face little resistance; manganese flake slumps againAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3905779/MINOR-METALS-MARKET-REPORT-2211-Cheaper-selenium-bids-face-little-resistance-manganese-flake-slumps.htmlFri, 22 Nov 2019 19:17:00 GMTLIVE FUTURES REPORT 22/11: Sideways trading caps LME base metals prices; nickel price climbs 1%Base metals prices on the London Metal Exchange consolidated at the close of trading on Friday November 22, with nickel futures notching a 1% rise over the day against sideways trading and moderate turnover generally. http://www.metalbulletin.com/Article/3905778/LIVE-FUTURES-REPORT-2211-Sideways-trading-caps-LME-base-metals-prices-nickel-price-climbs-1.htmlFri, 22 Nov 2019 18:26:00 GMTGLOBAL FERRO-SILICON SNAPSHOT: European price surges on return of buying interest amid tight supply Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 22. http://www.metalbulletin.com/Article/3905775/GLOBAL-FERRO-SILICON-SNAPSHOT-European-price-surges-on-return-of-buying-interest-amid-tight-supply.htmlFri, 22 Nov 2019 17:34:00 GMTUK SCRAP: Light iron market stable on firm Turkish importsThe inter-merchant spot price for light iron scrap in the UK was stable in the week ended Friday November 22, with steady demand into domestic major shredders and solid business levels into Turkey from Europe cementing British prices, trade sources told Fastmarkets.http://www.metalbulletin.com/Article/3905766/UK-SCRAP-Light-iron-market-stable-on-firm-Turkish-imports.htmlFri, 22 Nov 2019 17:34:00 GMTINDIA IMPORT SCRAP: Prices dip as market faltersThe price of ferrous scrap imported into India moved down this week after sentiment turned negative and market participants stepped back from trading, sources told Fastmarkets on Friday November 22. http://www.metalbulletin.com/Article/3905732/INDIA-IMPORT-SCRAP-Prices-dip-as-market-falters.htmlFri, 22 Nov 2019 17:31:00 GMTNOBLE ALLOYS MARKET REPORT 22/11: Molybdenum prices fall on slowing spot interest An overview of the noble alloys markets and their latest price moves. http://www.metalbulletin.com/Article/3905769/NOBLE-ALLOYS-MARKET-REPORT-2211-Molybdenum-prices-fall-on-slowing-spot-interest.htmlFri, 22 Nov 2019 17:10:00 GMTUS PIG IRON: Market static while parties negotiate pricesNo new deals were reported in the US pig iron market during the week ended Friday November 22 because buyers and suppliers failed to agree deal prices. http://www.metalbulletin.com/Article/3905731/US-PIG-IRON-Market-static-while-parties-negotiate-prices.htmlFri, 22 Nov 2019 17:05:00 GMTGLOBAL CHROME SNAPSHOT: Alloy prices edge down in Japan, South Korea; other regions stabilize Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday November 22. http://www.metalbulletin.com/Article/3905727/GLOBAL-CHROME-SNAPSHOT-Alloy-prices-edge-down-in-Japan-South-Korea-other-regions-stabilize.htmlFri, 22 Nov 2019 16:52:00 GMTTURKEY FLAT STEEL: Producers raise prices further on strong demandTurkish flat steel producers increased their prices again during the week ended Friday November 22 on increasing raw material costs, with demand strong because of low stock levels and the expectation that prices will increase more. http://www.metalbulletin.com/Article/3905723/TURKEY-FLAT-STEEL-Producers-raise-prices-further-on-strong-demand.htmlFri, 22 Nov 2019 16:48:00 GMTBrazilian slab prices up on global upswing, negotiations with North AmericaBrazilian slab export prices have recovered in the past week, following the upward trend in the scrap and coil global markets, while mills focus on negotiations with North American customers for first- and second-quarter deliveries.http://www.metalbulletin.com/Article/3905635/Brazilian-slab-prices-up-on-global-upswing-negotiations-with-North-America.htmlFri, 22 Nov 2019 16:34:00 GMTTURKEY COATED FLAT STEEL: Prices up on improvement in demandTurkish prices for hot-dipped galvanized coil (HDG) and color-coated coil, or pre-painted galvanized iron (PPGI), increased in the week to Friday November 22, with demand improving because of low stocks and the expectation that prices will rise further, sources told Fastmarkets. http://www.metalbulletin.com/Article/3905722/TURKEY-COATED-FLAT-STEEL-Prices-up-on-improvement-in-demand.htmlFri, 22 Nov 2019 16:28:00 GMTDAILY SCRAP REPORT: Latest Baltic Sea deal keeps prices flatTurkish steel producers continued to book deep-sea scrap for December deliveries at a slow pace and steady prices, sources said on Friday November 22. http://www.metalbulletin.com/Article/3905725/DAILY-SCRAP-REPORT-Latest-Baltic-Sea-deal-keeps-prices-flat.htmlFri, 22 Nov 2019 16:15:00 GMTEuropean Commission could add cadmium to EU critical raw materials list The European Commission will consider early next year whether to add cadmium to the European Union’s critical raw materials list, with the aim of encouraging production and recycling of this metal widely used in batteries, and hence potentially helping the EU economy move away from fossil fuels. http://www.metalbulletin.com/Article/3905721/European-Commission-could-add-cadmium-to-EU-critical-raw-materials-list.htmlFri, 22 Nov 2019 15:43:00 GMTCHINA MINOR METALS MARKET REPORT 22/11: Bismuth softens further ahead of Fanya auctionAn overview of the Chinese minor metals markets and the reasons for their latest price moves. http://www.metalbulletin.com/Article/3905523/CHINA-MINOR-METALS-MARKET-REPORT-2211-Bismuth-softens-further-ahead-of-Fanya-auction.htmlFri, 22 Nov 2019 15:00:00 GMTIRON ORE DAILY: 65% seaborne price crosses $100/t mark for the first time since early OctoberThe Fastmarkets index for iron ore 65% Fe Brazil-origin, cfr Qingdao, rose on Friday November 22, breaching the $100-per-tonne mark for the first time since October 8.http://www.metalbulletin.com/Article/3905533/IRON-ORE-DAILY-65-seaborne-price-crosses-100t-mark-for-the-first-time-since-early-October.htmlFri, 22 Nov 2019 13:02:00 GMTCIS PIG IRON: Market stable on low trading activityThe pig iron export market for the Commonwealth of Independent States was stable on low trading activity during the week ended Thursday November 21, Fastmarkets has heard. http://www.metalbulletin.com/Article/3905576/CIS-PIG-IRON-Market-stable-on-low-trading-activity.htmlFri, 22 Nov 2019 12:50:00 GMTJapanese, Korean smelters likely to follow Freeport-Jiangxi copper TC/RCs benchmark; Chinese peers say ‘disappointing yet acceptable’Japanese and Korean copper smelters are likely to follow the contract for 2020 treatment and refining charges (TC/RCs) settled by Jiangxi Copper and miner Freeport, with major Chinese smelters also likely to accept the number.http://www.metalbulletin.com/Article/3905494/Japanese-Korean-smelters-likely-to-follow-Freeport-Jiangxi-copper-TCRCs-benchmark-Chinese-peers-say.htmlFri, 22 Nov 2019 12:45:00 GMTEU rebuffs criticism at WTO of cobalt, titanium labeling plansDiplomats at the World Trade Organisation’s goods council have attacked the European Union over its plans to integrate titanium dioxide and cobalt into its health and safety laws, claiming this could impose unnecessary restrictions on exporting certain stainless steels to the EU.http://www.metalbulletin.com/Article/3905476/EU-rebuffs-criticism-at-WTO-of-cobalt-titanium-labeling-plans.htmlFri, 22 Nov 2019 12:30:00 GMTEurofer calls for further toughening of EU safeguard measures on steelEurofer has called upon the European Commission (EC) to re-review its steel safeguard measures to protect a market that is still “flooded” by imports, the European steel association said on Wednesday November 20.http://www.metalbulletin.com/Article/3905467/Eurofer-calls-for-further-toughening-of-EU-safeguard-measures-on-steel.htmlFri, 22 Nov 2019 12:24:00 GMTASIA FERROUS SCRAP: Taiwan market continues uptrend while Vietnam stagnatesSteady demand in Taiwan continues to prop up ferrous scrap prices, which maintained a slight upward trend this week. http://www.metalbulletin.com/Article/3905480/ASIA-FERROUS-SCRAP-Taiwan-market-continues-uptrend-while-Vietnam-stagnates.htmlFri, 22 Nov 2019 11:43:00 GMTPREVIEW: Dial up the concern on future Indian iron ore supplyThe availability of Indian iron ore in the international market is shrouded in uncertainty amid falling seaborne prices and concerns over domestic supply in the South Asian country due to the impending expiration of non-captive mine leases in March 2020. http://www.metalbulletin.com/Article/3905277/PREVIEW-Dial-up-the-concern-on-future-Indian-iron-ore-supply.htmlFri, 22 Nov 2019 11:30:00 GMTCompetition from Chinese billet importers drives Southeast Asian prices upwardPrices in Southeast Asia’s steel billet market rose in the week to Friday November 22 as Chinese buyers continued to snap up material in the spot market, sources told Fastmarkets.http://www.metalbulletin.com/Article/3905518/Competition-from-Chinese-billet-importers-drives-Southeast-Asian-prices-upward.htmlFri, 22 Nov 2019 11:26:00 GMTGLOBAL LITHIUM WRAP: China, cif Asia prices hit fresh 2019 low China’s domestic and cif China, Japan and Korea battery-grade lithium compound prices all fell to fresh 2019 lows on Thursday November 21, which market participants attributed to subdued downstream demand and a negative short-term outlook. http://www.metalbulletin.com/Article/3905521/GLOBAL-LITHIUM-WRAP-China-cif-Asia-prices-hit-fresh-2019-low.htmlFri, 22 Nov 2019 11:22:00 GMTCOKING COAL DAILY: Seaborne prices post small gains Prices for seaborne premium hard coking coal rose on Friday November 22, though participants said that there was little room for the market to strengthen significantly in the coming weeks.http://www.metalbulletin.com/Article/3905520/COKING-COAL-DAILY-Seaborne-prices-post-small-gains.htmlFri, 22 Nov 2019 11:00:00 GMTCHINA REBAR: Prices dip in eastern region amid output concerns Eastern China’s rebar prices dropped slightly on Friday November 22 - the first downward movement in 10 days - amid concerns over high production rates, though futures picked up. http://www.metalbulletin.com/Article/3905486/CHINA-REBAR-Prices-dip-in-eastern-region-amid-output-concerns.htmlFri, 22 Nov 2019 10:37:00 GMTLIVE FUTURES REPORT 22/11: Fresh cancelation boosts LME copper price; lead gains groundThe three-month copper price on the London Metal Exchange was higher across morning trading on Friday November 22, with price action bolstered by a fresh cancelation of 28,725 tonnes, while positive forward spreads further supported buying activity.http://www.metalbulletin.com/Article/3905519/LIVE-FUTURES-REPORT-2211-Fresh-cancelation-boosts-LME-copper-price-lead-gains-ground.htmlFri, 22 Nov 2019 10:24:00 GMTCHINA HRC: Mills maintain export offers amid strong domestic marketChina’s hot-rolled coil exporters maintained high offers on Friday November 22 amid price gains in the country’s eastern region.http://www.metalbulletin.com/Article/3905485/CHINA-HRC-Mills-maintain-export-offers-amid-strong-domestic-market.htmlFri, 22 Nov 2019 10:06:00 GMTMORNING VIEW: Most LME base metals prices on back foot while direction of trade talks remains uncertainWith confusing news over United States-China trade talks, the markets are unsettled this morning, Friday November 22; the path of least resistance for the metals is to the downside, but with prices already weak, support is being encountered.http://www.metalbulletin.com/Article/3905484/MORNING-VIEW-Most-LME-base-metals-prices-on-back-foot-while-direction-of-trade-talks-remains.htmlFri, 22 Nov 2019 08:42:00 GMTACW 2019: Scrap renaming will dominate China’s copper market in 2020A policy under which certain copper scrap products will be officially renamed “recyclable copper raw materials” will be the most-watched event in China’s copper market next year, delegates attending Fastmarkets’ Asia Copper Conference in Shanghai heard on Wednesday November 20.http://www.metalbulletin.com/Article/3905038/ACW-2019-Scrap-renaming-will-dominate-Chinas-copper-market-in-2020.htmlFri, 22 Nov 2019 08:00:00 GMTLIVE FUTURES REPORT 22/11: Cautious trade optimism buoys SHFE base metals prices; tin rises 0.9%Base metals prices on the Shanghai Futures Exchange were mostly up during the morning trading session on Friday November 22 after a sense of optimism returned to the market following reports that China’s top negotiator had invited United States delegates to Beijing for face-to-face talks.http://www.metalbulletin.com/Article/3905479/LIVE-FUTURES-REPORT-2211-Cautious-trade-optimism-buoys-SHFE-base-metals-prices-tin-rises-09.htmlFri, 22 Nov 2019 05:10:00 GMTEUROPE HRC: Sentiment positive with prices firm but not risingDomestic prices for hot-rolled coil in Europe have been stable day on day, but the mood in the market remained upbeat, sources told Fastmarkets on Thursday November 21. http://www.metalbulletin.com/Article/3905442/EUROPE-HRC-Sentiment-positive-with-prices-firm-but-not-rising.htmlThu, 21 Nov 2019 19:55:00 GMTLIVE FUTURES REPORT 21/11: LME tin price jumps up 2%; lead worst performer at the close The three-month tin price on the London Metal Exchange rose by 2.4% against high turnover at the close of trading on Thursday November 21, while lead futures continued their decline over the afternoon. http://www.metalbulletin.com/Article/3905438/LIVE-FUTURES-REPORT-2111-LME-tin-price-jumps-up-2-lead-worst-performer-at-the-close.htmlThu, 21 Nov 2019 17:53:00 GMTCIS STEEL BILLET: Positive mood prevails in export market after rise in demandSentiment in the CIS export billet market has improved in the second half of November due to an increase in demand after a rise in scrap prices. http://www.metalbulletin.com/Article/3905379/CIS-STEEL-BILLET-Positive-mood-prevails-in-export-market-after-rise-in-demand.htmlThu, 21 Nov 2019 16:47:00 GMTFOCUS: Copper market sees greater diversification in equivalent grade cathode business Low profit margins in the refined copper business and restrictions in global scrap flows have attracted large segments of the market in Europe and Asia to diversify into cheaper equivalent grade (EQ) copper cathodes despite greater risks related to financing difficulties and unreliability of supply. http://www.metalbulletin.com/Article/3905304/FOCUS-Copper-market-sees-greater-diversification-in-equivalent-grade-cathode-business.htmlThu, 21 Nov 2019 16:47:00 GMTDAILY SCRAP REPORT: Mills pause deep-sea bookings amid weak finished steel salesTurkish steel producers have held back from the deep-sea scrap market for a day and made no bookings, although prices remained steady, sources said on Thursday November 21. http://www.metalbulletin.com/Article/3905371/DAILY-SCRAP-REPORT-Mills-pause-deep-sea-bookings-amid-weak-finished-steel-sales.htmlThu, 21 Nov 2019 16:28:00 GMTALUMINA ROUND-UP: Fob Aus price stabilizes below $280/t, participants focused on 2020The benchmark fob Australia alumina price stabilized around $278 per tonne on Thursday November 21 during a low-liquidity week. http://www.metalbulletin.com/Article/3905376/ALUMINA-ROUND-UP-Fob-Aus-price-stabilizes-below-280t-participants-focused-on-2020.htmlThu, 21 Nov 2019 16:01:00 GMTINTL RECYCLED AL CONF: Delegates bullish for 2020 after disruptive year for scrap, secondary The macro-induced downtrend in primary and secondary aluminium prices is a temporary market set-up, according to bullish delegates at Fastmarkets’ International Recycled Aluminium Conference in Hamburg on November 12-14. http://www.metalbulletin.com/Article/3905339/INTL-RECYCLED-AL-CONF-Delegates-bullish-for-2020-after-disruptive-year-for-scrap-secondary.htmlThu, 21 Nov 2019 15:12:00 GMTTURKEY STEEL BILLET: Domestic, export prices steady despite softening demandDomestic and export prices for steel billet in Turkey have remained stable over the past week, but demand for the material was weakening, sources said on Thursday November 21. http://www.metalbulletin.com/Article/3905336/TURKEY-STEEL-BILLET-Domestic-export-prices-steady-despite-softening-demand.htmlThu, 21 Nov 2019 14:37:00 GMTTURKEY LONG STEEL: Weak demand, costlier scrap keep prices flatDomestic rebar and wire rod prices in the Turkish market remained fairly stable over the past week despite firming scrap prices, sources said on Thursday November 21.http://www.metalbulletin.com/Article/3905306/TURKEY-LONG-STEEL-Weak-demand-costlier-scrap-keep-prices-flat.htmlThu, 21 Nov 2019 14:30:00 GMTEGYPT STEEL BILLET, REBAR: Prices continue climbing on strong demandPrices for steel rebar and billet in Egypt continued to rise in the week ended Thursday November 21, with strong demand for rebar in the country, sources told Fastmarkets. http://www.metalbulletin.com/Article/3905333/EGYPT-STEEL-BILLET-REBAR-Prices-continue-climbing-on-strong-demand.htmlThu, 21 Nov 2019 14:20:00 GMTTURKEY LONG STEEL EXPORTS: Mills fail to pass on higher scrap costs in finished steel pricesThe prices of long steel exports out of Turkey have remained stable over the past week, with the mills failing to reflect increases in scrap costs in their sales prices, sources said on Thursday November 21. http://www.metalbulletin.com/Article/3905305/TURKEY-LONG-STEEL-EXPORTS-Mills-fail-to-pass-on-higher-scrap-costs-in-finished-steel-prices.htmlThu, 21 Nov 2019 13:19:00 GMTIRON ORE DAILY: 65% seaborne price up as winter season demand growsThe Fastmarkets index for iron ore 65% Fe Brazil-origin, cfr Qingdao was lifted on Thursday November 21 amid growing winter season demand, while lump premiums posted smaller gains.http://www.metalbulletin.com/Article/3905295/IRON-ORE-DAILY-65-seaborne-price-up-as-winter-season-demand-grows.htmlThu, 21 Nov 2019 12:15:00 GMTPress Metal’s 25% acquisition of BAI to cut third-party alumina feedstock needsPress Metal, the largest aluminium producer in Southeast Asia, has finalized a shareholder agreement with Bintan Alumina Indonesia (BAI) for 25% of the company, which will allow the former to “secure a long-term supply of alumina.” http://www.metalbulletin.com/Article/3904908/Press-Metals-25-acquisition-of-BAI-to-cut-third-party-alumina-feedstock-needs.htmlThu, 21 Nov 2019 11:48:00 GMTCOKING COAL DAILY: Transactions in premium segment push up fob Australia pricesSeaborne coking coal prices remain resilient, with trading activity involving products in the premium segment not showing any signs of slowing down.http://www.metalbulletin.com/Article/3905288/COKING-COAL-DAILY-Transactions-in-premium-segment-push-up-fob-Australia-prices.htmlThu, 21 Nov 2019 11:21:00 GMTLIVE FUTURES REPORT 21/11: Fresh inflow pressures LME zinc price below $2,300/t; tin climbs 1.2%The three-month zinc price on the London Metal Exchange was lower during morning trading on Thursday November 21, dipping below nearby support against fresh inflows of material, while tin’s outright price bucked the downward trend. http://www.metalbulletin.com/Article/3905286/LIVE-FUTURES-REPORT-2111-Fresh-inflow-pressures-LME-zinc-price-below-2300t-tin-climbs-12.htmlThu, 21 Nov 2019 10:55:00 GMTCobalt sulfate price falls on aggressive consumer bids, smaller purchase volumes The Chinese cobalt sulfate price fell again in the latest pricing session, under constant pressure since mid-October from significantly shrinking buying appetite amid a bearish near-term outlook for electric vehicle (EV) development. http://www.metalbulletin.com/Article/3905281/Cobalt-sulfate-price-falls-on-aggressive-consumer-bids-smaller-purchase-volumes.htmlThu, 21 Nov 2019 10:31:00 GMTCHINA HRC: Trading activity drops on emerging caution Trading activity in China’s hot-rolled coil market thinned on Thursday November 21, with participants exercising caution after several days of gains. http://www.metalbulletin.com/Article/3905280/CHINA-HRC-Trading-activity-drops-on-emerging-caution.htmlThu, 21 Nov 2019 10:05:00 GMTCHINA REBAR: Participants expect prices to drop from next monthChina’s domestic rebar prices were flat on Thursday November 21 amid weak futures, little trading and fears prices will drop in the next month due to poorer demand but higher supply. http://www.metalbulletin.com/Article/3905278/CHINA-REBAR-Participants-expect-prices-to-drop-from-next-month.htmlThu, 21 Nov 2019 09:45:00 GMTINTL FERRO-ALLOYS CONF: Nine takeaways from BudapestAfter a busy few days of meetings and annual contract negotiations, here are nine key takeaways from Fastmarkets’ International Ferro-alloys Conference in Budapest, Hungary. http://www.metalbulletin.com/Article/3905047/INTL-FERRO-ALLOYS-CONF-Nine-takeaways-from-Budapest.htmlThu, 21 Nov 2019 09:20:00 GMTMORNING VIEW: LME base metals prices mixed, risk sentiment weaker in line with increased trade tensionDiscouraging news from China over the “phase one” trade deal with the United States has led to less risk appetite, which for now is affecting the broader markets more than the metals, which were broadly firmer on Thursday November 21.http://www.metalbulletin.com/Article/3905279/MORNING-VIEW-LME-base-metals-prices-mixed-risk-sentiment-weaker-in-line-with-increased-trade-tension.htmlThu, 21 Nov 2019 09:15:00 GMTIndonesia's transshipment ban forces scrap traders to divert cargoes, seek out new supplyTraders are scrambling to divert their transshipped containerized cargoes of ferrous scrap bound for Indonesia to other destinations and find new supply sources in response to new import restrictions issued last month by the country’s trade ministry. http://www.metalbulletin.com/Article/3905272/Indonesias-transshipment-ban-forces-scrap-traders-to-divert-cargoes-seek-out-new-supply.htmlThu, 21 Nov 2019 07:30:00 GMTGLOBAL ZINC & LEAD WRAP: LME backwardation keeps US zinc premium steady; lead rates expected to spike [UPDATED]Fastmarkets’ US zinc premium was unchanged in the week to Tuesday November 19 from a week earlier due to the persistent backwardation in the metal’s forward curve despite record lows in the stocks registered to the London Metal Exchange in the United States.http://www.metalbulletin.com/Article/3905028/GLOBAL-ZINC-and-LEAD-WRAP-LME-backwardation-keeps-US-zinc-premium-steady-lead-rates-expected-to-spike.htmlThu, 21 Nov 2019 05:23:00 GMTLIVE FUTURES REPORT 21/11: Trade worries stifle SHFE base metals prices; Zn falls 2%Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Thursday November 21 after trade headlines continued to cast doubts on the likelihood of a near-term deal between China and the United States.http://www.metalbulletin.com/Article/3905274/LIVE-FUTURES-REPORT-2111-Trade-worries-stifle-SHFE-base-metals-prices-Zn-falls-2.htmlThu, 21 Nov 2019 04:58:00 GMTNEWSBREAK: Freeport, Jiangxi Copper agree 2020 copper concentrates annual benchmark at $62/t [UPDATED]Copper miner Freeport-McMoRan and Chinese smelter Jiangxi Copper have agreed 2020 full-year contractual treatment and refining charges (TC/RCs) at $62 per tonne / 6.2 cents per lb, Fastmarkets learned on Thursday November 21. http://www.metalbulletin.com/Article/3905271/NEWSBREAK-Freeport-Jiangxi-Copper-agree-2020-copper-concentrates-annual-benchmark-at-62t-[UPDATED].htmlThu, 21 Nov 2019 02:51:00 GMTMINOR METALS MARKET REPORT 20/11: Antimony continues downtrend; manganese flake price stabilizesAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3905146/MINOR-METALS-MARKET-REPORT-2011-Antimony-continues-downtrend-manganese-flake-price-stabilizes.htmlThu, 21 Nov 2019 02:18:00 GMTEUROPE HRC: Mood positive, but prices recover only in the southImproved sentiment has taken hold in the European hot-rolled coil market, but so far domestic prices have recovered only in Italy while those in the the North of the region remain largely unchanged, sources told Fastmarkets on Wednesday November 20. http://www.metalbulletin.com/Article/3905226/EUROPE-HRC-Mood-positive-but-prices-recover-only-in-the-south.htmlWed, 20 Nov 2019 19:38:00 GMTLIVE FUTURES REPORT 20/11: Selling pressure pushes LME nickel price down 2%; Al strengthens despite inflowsThe three-month nickel price on the London Metal Exchange continued to fall at the close of trading on Wednesday November 20, with continued selling pressure and supportive forward spreads prompting the metal’s lowest close since July. http://www.metalbulletin.com/Article/3905232/LIVE-FUTURES-REPORT-2011-Selling-pressure-pushes-LME-nickel-price-down-2-Al-strengthens-despite.htmlWed, 20 Nov 2019 18:22:00 GMTEUROPE SECTIONS: Sentiment positive but prices remain stablePrices for hollow steel sections in Northern and Southern Europe were unchanged this week although mills continued to make higher offers, market sources told Fastmarkets on Wednesday November 20. http://www.metalbulletin.com/Article/3905224/EUROPE-SECTIONS-Sentiment-positive-but-prices-remain-stable.htmlWed, 20 Nov 2019 18:05:00 GMTIran hit by protests, uncertainty prevails in steel marketThe Iranian steel market was gripped by uncertainty this week after violent protests erupted across the country following a government decision to increase petrol prices. http://www.metalbulletin.com/Article/3905218/Iran-hit-by-protests-uncertainty-prevails-in-steel-market.htmlWed, 20 Nov 2019 18:04:00 GMTGLOBAL TIN WRAP: European 99.99% premium falls; all others flatThe spot tin market is reportedly slow in all regions despite talk of forthcoming production cuts to tackle excess supply. http://www.metalbulletin.com/Article/3905151/GLOBAL-TIN-WRAP-European-9999-premium-falls-all-others-flat.htmlWed, 20 Nov 2019 17:49:00 GMTEUROPE BEAMS: Prices stable despite rising feedstock costsSteel H-beam prices in Europe remained unchanged on Wednesday, November 20, despite feedstock costs continuing to rise, sources told Fastmarkets. http://www.metalbulletin.com/Article/3905186/EUROPE-BEAMS-Prices-stable-despite-rising-feedstock-costs.htmlWed, 20 Nov 2019 17:35:00 GMTNOBLE ALLOYS MARKET REPORT 20/11: Molybdenum market jumps on increased trader interestAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3905155/NOBLE-ALLOYS-MARKET-REPORT-2011-Molybdenum-market-jumps-on-increased-trader-interest.htmlWed, 20 Nov 2019 17:34:00 GMTDAILY SCRAP REPORT: Turkish mill deals still dragging behind slow demandTurkish steel producers have continued to book deep-sea scrap for December deliveries but only at a slow pace due to the limited demand for finished long steel products, with prices holding steady, sources said on Wednesday November 20. http://www.metalbulletin.com/Article/3905153/DAILY-SCRAP-REPORT-Turkish-mill-deals-still-dragging-behind-slow-demand.htmlWed, 20 Nov 2019 17:02:00 GMTGLOBAL NICKEL WRAP: US briquette premium rises; all other regions stableThe nickel briquette premium in the United States rose for the second consecutive week amid enlivened spot activity in the week to Tuesday November 19, while premiums for all other grades in China and Europe remained unchanged on slack demand. http://www.metalbulletin.com/Article/3905089/GLOBAL-NICKEL-WRAP-US-briquette-premium-rises-all-other-regions-stable.htmlWed, 20 Nov 2019 16:53:00 GMTEUROPE WIRE ROD: Prices inch up on high feedstock costsThe price of steel wire rod in Southern Europe moved up this week, with mills contining their drive to increase prices amid rising feedstock costs, Fastmarkets heard on Wednesday November 20. http://www.metalbulletin.com/Article/3905154/EUROPE-WIRE-ROD-Prices-inch-up-on-high-feedstock-costs.htmlWed, 20 Nov 2019 16:40:00 GMTNORTHERN EUROPE REBAR: Prices stabilize in line with scrap costsThe price of steel rebar in the Northern European domestic market stabilized this week after the latest uptick, with mills reflecting the rising cost of scrap in their rebar sales last week, sources told Fastmarkets on Wednesday November 20. http://www.metalbulletin.com/Article/3905118/NORTHERN-EUROPE-REBAR-Prices-stabilize-in-line-with-scrap-costs.htmlWed, 20 Nov 2019 15:20:00 GMTSOUTHERN EUROPE REBAR: Higher scrap costs keep prices firm despite weak demandThe price of steel rebar in the Southern Europe domestic and export markets has been stable over the past week but firmer scrap costs have raised the pressure on prices, sources said on Wednesday November 20. http://www.metalbulletin.com/Article/3905090/SOUTHERN-EUROPE-REBAR-Higher-scrap-costs-keep-prices-firm-despite-weak-demand.htmlWed, 20 Nov 2019 15:04:00 GMTINTL FERRO-ALLOYS CONF: Falling manganese ore market provides lifeline to European alloy producersRecent falls in the manganese ore market will relieve the squeezed margins of European manganese alloys producers but may not prevent further output cuts, according to Kevin Fowkes, managing consultant at AlloyConsult.http://www.metalbulletin.com/Article/3905088/INTL-FERRO-ALLOYS-CONF-Falling-manganese-ore-market-provides-lifeline-to-European-alloy-producers.htmlWed, 20 Nov 2019 14:59:00 GMTIRON ORE DAILY: Slight gains for seaborne prices, pollution control measures issued in TangshanSeaborne iron ore prices saw a slight uptick on Wednesday November 20, while some market participants are bracing for production restrictions due to bad weather and heavy pollution levels in north China.http://www.metalbulletin.com/Article/3905062/IRON-ORE-DAILY-Slight-gains-for-seaborne-prices-pollution-control-measures-issued-in-Tangshan.htmlWed, 20 Nov 2019 12:15:00 GMTScrap recycling, clean energy key to securing waste-free EAF steelmaking, industry bodies say Steelmaking in electric arc furnaces (EAF) is already a good example of a waste-free circular economy since more than half of global steel output is being recycled, even if higher-quality materials are still produced from virgin materials and fossil-fueled processes, the president of the European Steel Technology Platform (ESTEP) said at a workshop in Bergamo, northern Italy last week. http://www.metalbulletin.com/Article/3905027/Scrap-recycling-clean-energy-key-to-securing-waste-free-EAF-steelmaking-industry-bodies-say.htmlWed, 20 Nov 2019 12:15:00 GMTACW 2019: Vast majority of copper scrap currently eligible for import into China could be renamed - CMRA Over 90% of copper scrap products currently allowed into China could be eligible for renaming as recyclable copper raw materials next year, a senior representative of China Nonferrous Metals Industry Association's (CMRA) recycling metal branch told delegates at Asia Copper Week in Shanghai.http://www.metalbulletin.com/Article/3905059/ACW-2019-Vast-majority-of-copper-scrap-currently-eligible-for-import-into-China-could-be-renamed-CMRA.htmlWed, 20 Nov 2019 11:45:00 GMTGLOBAL COPPER WRAP: Shanghai cathode premiums continue declines; Europe, US premiums flat Spot business in the global copper markets was subdued in the week ended Tuesday November 19, with low buying interest pushing the Shanghai premiums lower, while both United States and European market participants are now turning their attention to long-term supply contract negotiations. http://www.metalbulletin.com/Article/3905060/GLOBAL-COPPER-WRAP-Shanghai-cathode-premiums-continue-declines-Europe-US-premiums-flat.htmlWed, 20 Nov 2019 11:12:00 GMTCOKING COAL DAILY: Chinese buyers dominate spot marketChina continued to account for the bulk of the transactions in the seaborne coking coal market, with cargoes being traded in a tight price range. http://www.metalbulletin.com/Article/3905051/COKING-COAL-DAILY-Chinese-buyers-dominate-spot-market.htmlWed, 20 Nov 2019 11:00:00 GMTLIVE FUTURES REPORT 20/11: LME aluminium price holds despite 13kt inflowThe three-month price of aluminium traded on the London Metal Exchange was little changed during the morning session on Wednesday November 11 despite an inflow of 13,725 tonnes of the metal into exchange warehouses as of 9am on the same day. http://www.metalbulletin.com/Article/3905053/LIVE-FUTURES-REPORT-2011-LME-aluminium-price-holds-despite-13kt-inflow.htmlWed, 20 Nov 2019 10:39:00 GMTCHINA REBAR: Eastern prices hit 6-month high Eastern China rebar prices rose sharply on Wednesday November 20 on tight supply and strong demand, factors that were expected to push up prices still further for the rest of the month. http://www.metalbulletin.com/Article/3905039/CHINA-REBAR-Eastern-prices-hit-6-month-high.htmlWed, 20 Nov 2019 10:15:00 GMTGLOBAL ALUMINIUM WRAP: Dec/Jan backwardation pushes European, US premiums down furtherAluminium premiums in Europe and the United States declined further in the week ended Tuesday November 19, with the market under increasing pressure from weak demand and the backwardation in London Metal Exchange spreads. http://www.metalbulletin.com/Article/3905004/GLOBAL-ALUMINIUM-WRAP-DecJan-backwardation-pushes-European-US-premiums-down-further.htmlWed, 20 Nov 2019 10:15:00 GMTCHINA HRC: Prices rise again on sustained demand China’s hot-rolled coil prices continued to climb on Wednesday November 20 amid sustained demand.http://www.metalbulletin.com/Article/3905041/CHINA-HRC-Prices-rise-again-on-sustained-demand.htmlWed, 20 Nov 2019 10:11:00 GMTChina’s CRC, HDG export prices up on surge in trading activityExport prices for Chinese cold-rolled coil and hot-dipped galvanized coil rose during the week to Tuesday November 19 due to improved buying interest amid gains in upstream hot-rolled coil prices, market participants told Fastmarkets. http://www.metalbulletin.com/Article/3905036/Chinas-CRC-HDG-export-prices-up-on-surge-in-trading-activity.htmlWed, 20 Nov 2019 08:59:00 GMTLIVE FUTURES REPORT 20/11: SHFE base metals prices edge up after China hints at further monetary easing; Cu gains 0.6%Base metals prices on the Shanghai Futures Exchange were mostly up during the morning trading session on Wednesday November 20, with the complex finding slight support from improved investor confidence following reports that China’s central bank will loosen monetary policy to support economic growth. http://www.metalbulletin.com/Article/3905034/LIVE-FUTURES-REPORT-2011-SHFE-base-metals-prices-edge-up-after-China-hints-at-further-monetary-easing.htmlWed, 20 Nov 2019 06:18:00 GMTACW 2019: Copper smelters face risk of ‘overcapacity problem’ - Jiangxi Copper's XuCopper smelters will slow capacity expansions if market terms for copper concentrates fall to reflect a potential market deficit, Jiangxi Copper's Yuanfeng Xu said at Fastmarkets’ Asia Copper Conference in Shanghai on Wednesday November 20.http://www.metalbulletin.com/Article/3905035/ACW-2019-Copper-smelters-face-risk-of-overcapacity-problem-Jiangxi-Coppers-Xu.htmlWed, 20 Nov 2019 05:13:00 GMTACW 2019: World 'needs 14 Collahuasi mines' to meet copper demand by 2030 - Anglo AmericanAssuming stable growth in copper demand, the world is lacking investment in new mine projects amid expansion in smelting capacity, with a large gap seen in the mined copper balance over the next decade, according to Anglo American’s base metals chief. http://www.metalbulletin.com/Article/3905032/ACW-2019-World-needs-14-Collahuasi-mines-to-meet-copper-demand-by-2030-Anglo-American.htmlWed, 20 Nov 2019 04:15:00 GMTLIVE FUTURES REPORT 19/11: LME nickel price sheds 1.1%; fresh inflows pressure Al The three-month nickel price traded on the London Metal Exchange continues to languish below $15,000 per tonne at the close on Tuesday November 19 while fresh inflows continue to pressure nickel futures. http://www.metalbulletin.com/Article/3904999/LIVE-FUTURES-REPORT-1911-LME-nickel-price-sheds-11-fresh-inflows-pressure-Al.htmlTue, 19 Nov 2019 17:28:00 GMTSPMP produces first commercial grade antimony in Oman; targets 20,000 tpy by end-2020 Strategic & Precious Metals Processing’s (SPMP) antimony and gold processing facility in Sohar, Oman, has produced its first commercial grade 99.65% antimony metal and has met keen interest from potential buyers looking to diversify their supply sources, parent company Tri-Star Resources said on Tuesday November 19. http://www.metalbulletin.com/Article/3904919/SPMP-produces-first-commercial-grade-antimony-in-Oman-targets-20000-tpy-by-end-2020.htmlTue, 19 Nov 2019 16:53:00 GMTDAILY SCRAP REPORT: Mills struggle with weak finished steel demandTurkish steel producers made no new deep-sea bookings on Tuesday November 19, as they paused to digest the latest upturn in prices, market sources said.http://www.metalbulletin.com/Article/3904962/DAILY-SCRAP-REPORT-Mills-struggle-with-weak-finished-steel-demand.htmlTue, 19 Nov 2019 16:47:00 GMTCIS LONG STEEL EXPORT: Wire rod prices up despite limited demandCIS export wire rod prices surged in the week to Monday November 18, buoyed by the strength of global prices and raw materials and semi-finished steel costs, even as demand remained limited.http://www.metalbulletin.com/Article/3904964/CIS-LONG-STEEL-EXPORT-Wire-rod-prices-up-despite-limited-demand.htmlTue, 19 Nov 2019 16:18:00 GMTGULF FLAT STEEL IMPORTS: Prices increase as demand improvesFlat steel import prices in the United Arab Emirates and Saudi Arabia rose this week on higher offers, improved demand and expectations that prices will increase further, sources told Fastmarkets on Tuesday November 19.http://www.metalbulletin.com/Article/3904958/GULF-FLAT-STEEL-IMPORTS-Prices-increase-as-demand-improves.htmlTue, 19 Nov 2019 15:24:00 GMTEUROPE HRC: Prices stable in the north, up in the southDomestic prices for hot-rolled coil in Southern Europe have moved up due to reduced output and a rise in import offers, sources told Fastmarkets on Tuesday November 19. http://www.metalbulletin.com/Article/3904955/EUROPE-HRC-Prices-stable-in-the-north-up-in-the-south.htmlTue, 19 Nov 2019 14:58:00 GMTRUSSIA FLAT STEEL: Weak demand pushes prices lower Seasonally weak demand in Russia’s Central Federal District around Moscow has pushed prices for hot-rolled and cold-rolled steel sheet lower, sources told Fastmarkets on Monday November 18.http://www.metalbulletin.com/Article/3904896/RUSSIA-FLAT-STEEL-Weak-demand-pushes-prices-lower.htmlTue, 19 Nov 2019 14:35:00 GMTGULF STEEL BILLET, REBAR: Prices up across board on higher production costsImport prices for steel billet and rebar in the United Arab Emirates and the country’s domestic offer prices for rebar have all increased over the past week, with buyers waiting for official domestic rebar prices to be announced, market sources said on Tuesday November 19. http://www.metalbulletin.com/Article/3904924/GULF-STEEL-BILLET-REBAR-Prices-up-across-board-on-higher-production-costs.htmlTue, 19 Nov 2019 14:33:00 GMTNeoen to expand Li-ion battery capacity at Hornsdale plantAustralia’s Hornsdale Power Reserve, the world’s biggest lithium-ion battery plant, is set to expand capacity by 50% to 150 megawatts, according to Neoen SA, the French power producer that owns and operates the site. http://www.metalbulletin.com/Article/3904957/Neoen-to-expand-Li-ion-battery-capacity-at-Hornsdale-plant.htmlTue, 19 Nov 2019 14:26:00 GMTTata Steel plans to cut up to 3,000 jobs in Europe Tata Steel has outlined proposals to build a stronger and more sustainable business in Europe, which include cutting up to 3,000 jobs, the company said on Monday November 18.http://www.metalbulletin.com/Article/3904916/Tata-Steel-plans-to-cut-up-to-3000-jobs-in-Europe.htmlTue, 19 Nov 2019 13:00:00 GMTCOKING COAL DAILY: Sustained Chinese demand for low-vol products supporting pricesImport hurdles that emerged in some ports in China last week do not appear to have had much of an effect on the seaborne coking coal market, with a cargo of premium low-vol product fetching $145 per tonne cfr China on Tuesday November 19.http://www.metalbulletin.com/Article/3904884/COKING-COAL-DAILY-Sustained-Chinese-demand-for-low-vol-products-supporting-prices.htmlTue, 19 Nov 2019 10:58:00 GMTIRON ORE DAILY: 62% seaborne prices little changed on uncertain demand outlook The mid-grade seaborne iron ore price was rangebound on Tuesday November 19 after market participants reported being wary of growing port inventories and unhealthy pollution levels in the steelmaking hub of Tangshan in north China. http://www.metalbulletin.com/Article/3904913/IRON-ORE-DAILY-62-seaborne-prices-little-changed-on-uncertain-demand-outlook.htmlTue, 19 Nov 2019 10:55:00 GMTAsian slab import prices track gains in regional HRC pricesImport prices for steel slab in Southeast Asia and East Asia have increased over the past week, tracking gains seen in regional hot-rolled coil prices.http://www.metalbulletin.com/Article/3904904/Asian-slab-import-prices-track-gains-in-regional-HRC-prices.htmlTue, 19 Nov 2019 10:43:00 GMTChina’s portside manganese ore prices rebound on firm offers but downward pressure persists Chinese portside manganese ore prices rose for the first time since August on Friday November 15 after many ore traders held back from offering and those that did offer raised their prices in response to the concentration of inquiries, market sources told Fastmarkets. http://www.metalbulletin.com/Article/3904878/Chinas-portside-manganese-ore-prices-rebound-on-firm-offers-but-downward-pressure-persists.htmlTue, 19 Nov 2019 10:32:00 GMTLIVE FUTURES REPORT 19/11: LME nickel price falls 1.2% to continue downward momentum The three-month nickel price on the London Metal Exchange continued its downtrend during morning trading on Tuesday November 19, with price action coming under downward pressure from fresh inflows. http://www.metalbulletin.com/Article/3904907/LIVE-FUTURES-REPORT-1911-LME-nickel-price-falls-12-to-continue-downward-momentum.htmlTue, 19 Nov 2019 10:14:00 GMTCHINA HRC: Strong trading activity drives up prices furtherChina’s hot-rolled coil prices picked up even more upward momentum on Tuesday November 19 amid robust buying activity.http://www.metalbulletin.com/Article/3904885/CHINA-HRC-Strong-trading-activity-drives-up-prices-further.htmlTue, 19 Nov 2019 10:11:00 GMTGLOBAL CHROME WRAP: Record low for UG2 chrome ore index as supply piles upUG2 chrome ore prices sank to $130 per tonne this past week, marking a record low for Fastmarkets' cif China index. http://www.metalbulletin.com/Article/3904728/GLOBAL-CHROME-WRAP-Record-low-for-UG2-chrome-ore-index-as-supply-piles-up.htmlTue, 19 Nov 2019 09:27:00 GMTCHINA REBAR: Steady demand pushes up domestic pricesChina’s domestic rebar prices continued to rise on Tuesday November 19 on steady demand amid gains in the futures market.http://www.metalbulletin.com/Article/3904877/CHINA-REBAR-Steady-demand-pushes-up-domestic-prices.htmlTue, 19 Nov 2019 09:22:00 GMTMORNING VIEW: Metals fail to catch risk-on appetite seen in equitiesWhile equity markets in the United States have pushed up to and are holding near record highs, the industrial metals are by comparison weak.http://www.metalbulletin.com/Article/3904876/MORNING-VIEW-Metals-fail-to-catch-risk-on-appetite-seen-in-equities.htmlTue, 19 Nov 2019 08:23:00 GMTINTL FERRO-ALLOYS CONF: South African ferro-chrome producers need ore export tax to get market shareSouth Africa needs a 40% tax on exports of chrome ore while it grapples with rising electricity costs from Eskom and a subdued demand outlook, according to Afarak’s chief operating officer, Danko Koncar. http://www.metalbulletin.com/Article/3904830/INTL-FERRO-ALLOYS-CONF-South-African-ferro-chrome-producers-need-ore-export-tax-to-get-market-share.htmlTue, 19 Nov 2019 07:53:00 GMTLIVE FUTURES REPORT 19/11: SHFE base metals prices all down on continued uncertainty over US-China trade talksBase metals prices on the Shanghai Futures Exchange were all down during the morning trading session on Tuesday November 19, with uncertainty over United States-China trade negotiations continuing to weigh on the complex. http://www.metalbulletin.com/Article/3904875/LIVE-FUTURES-REPORT-1911-SHFE-base-metals-prices-all-down-on-continued-uncertainty-over-US-China.htmlTue, 19 Nov 2019 05:15:00 GMTLIVE FUTURES REPORT 18/11: LME lead price sinks below $2,000 per tonne; fresh inflows put pressure on aluminiumThe three-month lead price on the London Metal Exchange was lower at the close of trading on Monday November 18, with the price settling below the $2,000 per tonne support level for the first time since September, while continued inflows pushed aluminium futures lower. http://www.metalbulletin.com/Article/3904832/LIVE-FUTURES-REPORT-1811-LME-lead-price-sinks-below-2000-per-tonne-fresh-inflows-put-pressure-on.htmlMon, 18 Nov 2019 18:08:00 GMTCIS FLAT STEEL: Prices climb on global uptrend, revival of confidenceExport prices for hot-rolled and cold-rolled coil from the Commonwealth of Independent States have increased in line with the global uptrend, sources told Fastmarkets on Monday November 18. http://www.metalbulletin.com/Article/3904826/CIS-FLAT-STEEL-Prices-climb-on-global-uptrend-revival-of-confidence.htmlMon, 18 Nov 2019 17:50:00 GMTCIS STEEL SLAB: Fresh sales to Turkey push prices further upwardPrices in the CIS export slab market continued to rise in the week to Monday November 18 with new bookings in Turkey being made at higher levels. http://www.metalbulletin.com/Article/3904822/CIS-STEEL-SLAB-Fresh-sales-to-Turkey-push-prices-further-upward.htmlMon, 18 Nov 2019 17:12:00 GMTDAILY SCRAP REPORT: European cargo pushes prices upwardTurkish scrap import prices have increased once again on news of a European cargo being sold at the beginning of the week, although mills were still worried about soft demand for finished long steel products, sources said on Monday November 18. http://www.metalbulletin.com/Article/3904766/DAILY-SCRAP-REPORT-European-cargo-pushes-prices-upward.htmlMon, 18 Nov 2019 16:28:00 GMTFOCUS: On-warrant aluminium stocks jump 30% but LME Jan backwardation remainsMore than 200,000 tonnes of aluminium have been delivered into London Metal Exchange warehouses in Asia over the past week, pushing LME on-warrant stock levels back above 1 million tonnes. http://www.metalbulletin.com/Article/3904793/FOCUS-On-warrant-aluminium-stocks-jump-30-but-LME-Jan-backwardation-remains.htmlMon, 18 Nov 2019 16:25:00 GMTGLOBAL ANTIMONY SNAPSHOT: Bearish sentiment takes over Chinese, European markets Key data from the pricing sessions in Asia and Europe in the week to Friday November 15. http://www.metalbulletin.com/Article/3904716/GLOBAL-ANTIMONY-SNAPSHOT-Bearish-sentiment-takes-over-Chinese-European-markets.htmlMon, 18 Nov 2019 15:15:00 GMTLow-grade manganese ore price shows first rise since August, high-grade consolidatesThe price of seaborne low-grade manganese ore managed to tick upward in the latest assessment period, which ended on Friday November 15, amid a revival in buying appetites. http://www.metalbulletin.com/Article/3904761/Low-grade-manganese-ore-price-shows-first-rise-since-August-high-grade-consolidates.htmlMon, 18 Nov 2019 15:05:00 GMTTURKEY FERROUS SCRAP: Domestic auto bundle prices rise, ship scrap to followDomestic auto bundle scrap prices in Turkey have increased in line with rising imported scrap values, with local ship scrap prices expected to follow soon, sources said on Monday November 18. http://www.metalbulletin.com/Article/3904727/TURKEY-FERROUS-SCRAP-Domestic-auto-bundle-prices-rise-ship-scrap-to-follow.htmlMon, 18 Nov 2019 13:32:00 GMTINTL FERRO-ALLOYS CONF: Manganese flake price falls over 2019 trigger Chinese production cuts Industry figures at the International Ferro-alloys conference in Budapest this week will be discussing future developments in the manganese markets after a dramatic turn in the manganese flake price over the past year; Fastmarkets looks at the key reasons behind the slump. http://www.metalbulletin.com/Article/3904700/INTL-FERRO-ALLOYS-CONF-Manganese-flake-price-falls-over-2019-trigger-Chinese-production-cuts.htmlMon, 18 Nov 2019 12:23:00 GMTIRON ORE DAILY: Seaborne prices rangebound, market waits for restriction announcementSeaborne iron ore prices were rangebound on Monday November 18, as market participants awaited the official announcement for the winter heating season restrictions in China.http://www.metalbulletin.com/Article/3904724/IRON-ORE-DAILY-Seaborne-prices-rangebound-market-waits-for-restriction-announcement.htmlMon, 18 Nov 2019 12:10:00 GMTCOKING COAL DAILY: Seaborne market awaits driversThe seaborne coking coal market was quiet on Monday November 18 with participants awaiting the emergence of fresh bids and offers.http://www.metalbulletin.com/Article/3904720/COKING-COAL-DAILY-Seaborne-market-awaits-drivers.htmlMon, 18 Nov 2019 11:05:00 GMTLIVE FUTURES REPORT 18/11: Downward pressure mounts for LME aluminium price after 92,000-tonne inflow; nickel holds below $15,000 per tonneThe three-month aluminium price on the London Metal Exchange was lower during morning trading on Monday November 18, with continuing inflows of material into LME-registered warehouses in Asia fueling selling pressure. http://www.metalbulletin.com/Article/3904717/LIVE-FUTURES-REPORT-1811-Downward-pressure-mounts-for-LME-aluminium-price-after-92000-tonne-inflow.htmlMon, 18 Nov 2019 10:33:00 GMTINTERVIEW: Meaningful cobalt supply from battery recycling yet to come – GEM’s Tiger Pan Large-scale cobalt supply from recycled electric vehicle (EV) batteries is yet to come, Tiger Pan, vice general manager of GEM Co Ltd, told Fastmarkets in a recent interview. http://www.metalbulletin.com/Article/3904709/INTERVIEW-Meaningful-cobalt-supply-from-battery-recycling-yet-to-comeGEMs-Tiger-Pan.htmlMon, 18 Nov 2019 10:24:00 GMTASIA HRC: Buyers forced to restock on price reboundsHot-rolled coil prices in Asia continued to gain last week, forcing buyers to restock after several months of hesitation. http://www.metalbulletin.com/Article/3904708/ASIA-HRC-Buyers-forced-to-restock-on-price-rebounds.htmlMon, 18 Nov 2019 10:03:00 GMTCHINA HRC: Spot prices rise on tight supplyChina’s hot-rolled coil prices regained more upward momentum on Monday November 18 on a drop in supply. http://www.metalbulletin.com/Article/3904715/CHINA-HRC-Spot-prices-rise-on-tight-supply.htmlMon, 18 Nov 2019 10:03:00 GMTINTERVIEW: ‘Our industry is always searching for a competitive edge’ - Wendt Corp presidentNow under the leadership of Tom Wendt Jr, the family owned and operated Wendt Corp has served the scrap metal recycling industry for over 40 years. Bette Kovach asks him about the growth of the business founded by his father, now chairman, in 1977 and company strategy to supply ever more demanding markets.http://www.metalbulletin.com/Article/3904344/INTERVIEW-Our-industry-is-always-searching-for-a-competitive-edge-Wendt-Corp-president.htmlMon, 18 Nov 2019 10:00:00 GMTCobalt prices drift lower amid cautious spot buying, falling raw material costsWeeks of slow spot buying from consumers comfortable working with low stock levels has brought cheaper offers into the spot cobalt market so far in November. http://www.metalbulletin.com/Article/3904714/Cobalt-prices-drift-lower-amid-cautious-spot-buying-falling-raw-material-costs.htmlMon, 18 Nov 2019 09:50:00 GMTSeaborne iron ore concentrate prices dip slightly, pellet market largely rangeboundSeaborne iron ore concentrate prices fell slightly last week, while pellet prices appeared to be rangebound with Chinese buyers still buying cargoes at prices relatively similar to the previous week. http://www.metalbulletin.com/Article/3904706/Seaborne-iron-ore-concentrate-prices-dip-slightly-pellet-market-largely-rangebound.htmlMon, 18 Nov 2019 09:24:00 GMTCHINA REBAR: Prices rise further, but pessimism emergesChina’s domestic rebar prices increased further on Monday November 18 amid low inventories, though participants were less optimistic about the market due to softening demand. http://www.metalbulletin.com/Article/3904711/CHINA-REBAR-Prices-rise-further-but-pessimism-emerges.htmlMon, 18 Nov 2019 09:18:00 GMTGLOBAL VANADIUM WRAP: Chinese vanadium market rebounds; European V2O5 price jumps by 17%Export prices for ferro-vanadium and vanadium pentoxide (V2O5) in China rebounded last week, bolstered by strength in both the domestic and European vanadium markets; in Europe, tightened availability and a firmer ferro-vanadium market drove the V2O5 price up by around 17%.http://www.metalbulletin.com/Article/3904707/GLOBAL-VANADIUM-WRAP-Chinese-vanadium-market-rebounds-European-V2O5-price-jumps-by-17.htmlMon, 18 Nov 2019 09:05:00 GMTFOCUS: GCC billet suppliers look outward amid slowing domestic construction Billet producers in the Gulf Cooperation Council (GCC) countries have become more active in export markets this year amid a slowdown of construction activity in the region, Fastmarkets has learnt. http://www.metalbulletin.com/Article/3904590/FOCUS-GCC-billet-suppliers-look-outward-amid-slowing-domestic-construction.htmlMon, 18 Nov 2019 07:05:00 GMTLIVE FUTURES REPORT 18/11: Nickel leads SHFE base metals downward with 2% dropBase metals prices on the Shanghai Futures Exchange were down across the board during the morning trading session on Monday November 18, with nickel giving the worse performance of the complex while the metal’s prices continue to correct following a strong run-up between June and September.http://www.metalbulletin.com/Article/3904705/LIVE-FUTURES-REPORT-1811-Nickel-leads-SHFE-base-metals-downward-with-2-drop.htmlMon, 18 Nov 2019 04:35:00 GMTGLOBAL TUNGSTEN SNAPSHOT: Chinese APT price weakens on thin demand; European market steady on firm offersKey data from the pricing sessions in London and Shanghai in the week to Friday November 15.http://www.metalbulletin.com/Article/3904701/GLOBAL-TUNGSTEN-SNAPSHOT-Chinese-APT-price-weakens-on-thin-demand-European-market-steady-on-firm.htmlMon, 18 Nov 2019 03:37:00 GMTGLOBAL FERRO-SILICON SNAPSHOT: Prices remain steady worldwide amid stagnant demandKey data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 15.http://www.metalbulletin.com/Article/3904660/GLOBAL-FERRO-SILICON-SNAPSHOT-Prices-remain-steady-worldwide-amid-stagnant-demand.htmlMon, 18 Nov 2019 03:06:00 GMTGLOBAL BILLET WRAP: Prices rise again on Chinese demand, higher scrap costsSteel billet prices in most markets around the world continued on an upward trend in the week ended Friday November 15 amid a recovery in scrap prices in the Turkish import market as well as increasing demand for billet in China. http://www.metalbulletin.com/Article/3904635/GLOBAL-BILLET-WRAP-Prices-rise-again-on-Chinese-demand-higher-scrap-costs.htmlMon, 18 Nov 2019 00:01:00 GMTBrazilian pig iron export prices up on new sale, full order booksPig iron export prices from Brazil have risen again on higher deal prices and full order books through the end of the year, market sources told Fastmarkets during the week ended Friday November 15. http://www.metalbulletin.com/Article/3904658/Brazilian-pig-iron-export-prices-up-on-new-sale-full-order-books.htmlFri, 15 Nov 2019 23:25:00 GMTWEEKLY SCRAP WRAP: Turkish demand keeps global prices firmScrap prices in the global markets have been firm during the working week from Monday November 11 to Friday November 15 thanks to demand from mills in Turkey and Southeast Asia and to seasonal factors that raised costs. http://www.metalbulletin.com/Article/3904646/WEEKLY-SCRAP-WRAP-Turkish-demand-keeps-global-prices-firm.htmlFri, 15 Nov 2019 19:48:00 GMTMINOR METALS MARKET REPORT 15/11: Cadmium rebounds; selenium edges down again on deals achievedAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3904651/MINOR-METALS-MARKET-REPORT-1511-Cadmium-rebounds-selenium-edges-down-again-on-deals-achieved.htmlFri, 15 Nov 2019 19:44:00 GMTEUROPE HRC: Mills start to raise offers, deal price increase to followEuropean steelmakers increased their offer prices on hot-rolled coil at the end of this week, and transaction prices were also expected to rise, sources told Fastmarkets on Friday November 15. http://www.metalbulletin.com/Article/3904656/EUROPE-HRC-Mills-start-to-raise-offers-deal-price-increase-to-follow.htmlFri, 15 Nov 2019 18:47:00 GMTUS PIG IRON: Bookings resume at higher pricesBuyers in the United States resumed pig iron purchases at higher prices in the week to Friday November 15, due to the improving scrap and hot-rolled coil markets. http://www.metalbulletin.com/Article/3904648/US-PIG-IRON-Bookings-resume-at-higher-prices.htmlFri, 15 Nov 2019 18:43:00 GMTGLOBAL MANGANESE SNAPSHOT: Relative stability in cif ore prices; oversupply continuesKey data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 15. http://www.metalbulletin.com/Article/3904650/GLOBAL-MANGANESE-SNAPSHOT-Relative-stability-in-cif-ore-prices-oversupply-continues.htmlFri, 15 Nov 2019 18:26:00 GMTUK SCRAP: Light iron price range narrows amid firm demandThe inter-merchant spot price for light iron scrap in the UK narrowed higher in the week ended Friday November 15, with firm demand possibly pushing up prices in the near term, trade sources told Fastmarkets.http://www.metalbulletin.com/Article/3904654/UK-SCRAP-Light-iron-price-range-narrows-amid-firm-demand.htmlFri, 15 Nov 2019 18:03:00 GMTLIVE FUTURES REPORT 15/11: LME nickel price fails to recover above $15,000/t; tin tops losses The three-month nickel price on the London Metal Exchange was unable to close above nearby resistance amid low turnover on Friday November 15, while tin topped losses in a 1.2% downturn. http://www.metalbulletin.com/Article/3904655/LIVE-FUTURES-REPORT-1511-LME-nickel-price-fails-to-recover-above-15000t-tin-tops-losses.htmlFri, 15 Nov 2019 18:01:00 GMTUK FERROUS SCRAP: Market rebounds on export price recoverySuppliers in the UK have won a round of price increases for their monthly intake of ferrous scrap from domestic suppliers for November delivery contracts, paring losses made the month before. http://www.metalbulletin.com/Article/3904645/UK-FERROUS-SCRAP-Market-rebounds-on-export-price-recovery.htmlFri, 15 Nov 2019 18:00:00 GMTEUROPE ALLOY STEEL SCRAP: Grade-316 prices fall on nickel and moly costs The price of grade-316 stainless steel scrap in the UK domestic market decreased substantially this week on lower nickel and molybdenum prices, sources told Fastmarkets on Friday November 15. http://www.metalbulletin.com/Article/3904647/EUROPE-ALLOY-STEEL-SCRAP-Grade-316-prices-fall-on-nickel-and-moly-costs.htmlFri, 15 Nov 2019 17:49:00 GMTBATTERY RAW MATERIALS MARKET REPORT 15/11: Cobalt hydroxide payables edge lower on limited restocking interest in ChinaAn overview of the battery raw materials markets and their latest price moves. http://www.metalbulletin.com/Article/3904640/BATTERY-RAW-MATERIALS-MARKET-REPORT-1511-Cobalt-hydroxide-payables-edge-lower-on-limited-restocking.htmlFri, 15 Nov 2019 17:46:00 GMTINDIA IMPORT SCRAP: Prices up despite mixed sentimentThe price of ferrous scrap imported into India continued to climb this week, despite mixed sentiment and only limited trading towards the end of the week, sources told Fastmarkets on Friday November 15. http://www.metalbulletin.com/Article/3904604/INDIA-IMPORT-SCRAP-Prices-up-despite-mixed-sentiment.htmlFri, 15 Nov 2019 17:36:00 GMTNOBLE ALLOYS MARKET REPORT 15/11: V2O5 price jumps nearly 17%, following ferro-vanadium risesAn overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3904602/NOBLE-ALLOYS-MARKET-REPORT-1511-V2O5-price-jumps-nearly-17-following-ferro-vanadium-rises.htmlFri, 15 Nov 2019 17:15:00 GMTPOLAND REBAR: Domestic prices up on higher scrap costsDomestic rebar prices in Poland have increased over the past week in response to higher costs for scrap raw material, sources told Fastmarkets on Friday November 15. http://www.metalbulletin.com/Article/3904642/POLAND-REBAR-Domestic-prices-up-on-higher-scrap-costs.htmlFri, 15 Nov 2019 17:12:00 GMTGLOBAL CHROME SNAPSHOT: UG2 chrome ore price slumps 7% after suppliers slash offers Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday November 15. http://www.metalbulletin.com/Article/3904643/GLOBAL-CHROME-SNAPSHOT-UG2-chrome-ore-price-slumps-7-after-suppliers-slash-offers.htmlFri, 15 Nov 2019 16:55:00 GMTIndian domestic steel billet prices fall on low rebar demandDomestic prices for secondary steel billet in India over the week to Friday November 15 fell by 400 rupees ($6) per tonne, with makers of long steel products reducing their purchases of semi-finished material on a lack of sustained demand for products such as rebar. http://www.metalbulletin.com/Article/3904637/Indian-domestic-steel-billet-prices-fall-on-low-rebar-demand.htmlFri, 15 Nov 2019 16:55:00 GMT CIS STEEL BILLET: Sale to Turkey sends prices upwardThe CIS export billet price picked up at the end of the week on a booking to Turkey, market participants said.http://www.metalbulletin.com/Article/3904589/CIS-STEEL-BILLET-Sale-to-Turkey-sends-prices-upward.htmlFri, 15 Nov 2019 16:28:00 GMTTURKEY FLAT STEEL: Prices rise as buyers fear further increasesTurkish flat steel producers increased their prices during the week ended Friday November 15 because of rising raw material costs, but demand was better in the market because of the belief that prices may increase even further. http://www.metalbulletin.com/Article/3904587/TURKEY-FLAT-STEEL-Prices-rise-as-buyers-fear-further-increases.htmlFri, 15 Nov 2019 16:27:00 GMTCNIA calls for domestic Chinese alumina producers to ‘cool’ overheated supply The vice president of China Nonferrous Industry Association (CNIA) has called for domestic producers to produce less alumina and undertake “rational investment on alumina new projects” to cool China’s enthusiasm for production that began in 2018. http://www.metalbulletin.com/Article/3904591/CNIA-calls-for-domestic-Chinese-alumina-producers-to-cool-overheated-supply.htmlFri, 15 Nov 2019 16:26:00 GMTDAILY SCRAP REPORT: Import offers for Turkey steady despite pause in tradingThe Turkish steel mills went through the last working day of the week with no deep-sea scrap bookings, while prices were mostly stable, sources said on Friday November 15. http://www.metalbulletin.com/Article/3904605/DAILY-SCRAP-REPORT-Import-offers-for-Turkey-steady-despite-pause-in-trading.htmlFri, 15 Nov 2019 16:22:00 GMTGERMANY FERROUS SCRAP: Domestic prices jump on demand pickup, rise in global pricesSteelmakers in Germany have settled their monthly steel scrap contracts for November with an average month-on-month rise of €25-30 ($28-33) per tonne, sources told Fastmarkets this week. http://www.metalbulletin.com/Article/3904456/GERMANY-FERROUS-SCRAP-Domestic-prices-jump-on-demand-pickup-rise-in-global-prices.htmlFri, 15 Nov 2019 16:10:00 GMTTURKEY COATED FLAT STEEL: Prices increase on stronger demandTurkish prices for hot-dipped galvanized coil (HDG), and color-coated coil or pre-painted galvanized iron (PPGI), increased in the week to Friday November 15, with demand improving on low stocks and expectations that prices will rise further, sources told Fastmarkets.http://www.metalbulletin.com/Article/3904558/TURKEY-COATED-FLAT-STEEL-Prices-increase-on-stronger-demand.htmlFri, 15 Nov 2019 15:06:00 GMTCHINA MINOR METALS MARKET REPORT 15/11: Silicon price firms on supply tightness, bismuth dips ahead of Fanya auctionAn overview of the Chinese minor metals markets and the reasons for their latest price moves. http://www.metalbulletin.com/Article/3904464/CHINA-MINOR-METALS-MARKET-REPORT-1511-Silicon-price-firms-on-supply-tightness-bismuth-dips-ahead-of.htmlFri, 15 Nov 2019 14:00:00 GMTCIS PIG IRON: Prices up on higher sales Export pig iron prices from the Commonwealth of Independent States have increased during the week ended Thursday November 14, on resumed sales to the United States - the largest market - at higher levels, sources told Fastmarkets.http://www.metalbulletin.com/Article/3904466/CIS-PIG-IRON-Prices-up-on-higher-sales.htmlFri, 15 Nov 2019 13:28:00 GMTPRICING NOTICE: Correction to Turkey import steel scrap pricesFastmarkets has corrected its daily price calculations for steel scrap imported into Turkey of EU and US origin, which were published incorrectly on Monday November 11, Tuesday November 12 and Wednesday November 13 due to a calculation error.http://www.metalbulletin.com/Article/3904460/PRICING-NOTICE-Correction-to-Turkey-import-steel-scrap-prices.htmlFri, 15 Nov 2019 13:09:00 GMTIRON ORE DAILY: Seaborne prices still strong amid firm support from steady finished steel demandSeaborne iron ore prices continued to climb on Friday November 15, with support from steady demand for steel products. http://www.metalbulletin.com/Article/3904458/IRON-ORE-DAILY-Seaborne-prices-still-strong-amid-firm-support-from-steady-finished-steel-demand.htmlFri, 15 Nov 2019 13:02:00 GMTLimited supply drives up Southeast Asian billet import prices Prices in Southeast Asia’s steel billet market were given a boost during the week to Friday November 15 due to limited cargoes available in the spot market after Chinese buyers resumed billet imports. http://www.metalbulletin.com/Article/3904454/Limited-supply-drives-up-Southeast-Asian-billet-import-prices.htmlFri, 15 Nov 2019 12:38:00 GMTCOKING COAL DAILY: Fresh import curbs in China leave market mixedSeaborne coking coal prices saw little movement on Friday November 15 amid divided opinion on the impact that the latest import restrictions at Chinese ports would have on the market.http://www.metalbulletin.com/Article/3904459/COKING-COAL-DAILY-Fresh-import-curbs-in-China-leave-market-mixed.htmlFri, 15 Nov 2019 11:37:00 GMTGLOBAL LITHIUM WRAP: Bearish Asian markets eye continuously weakening Chinese carbonate price for direction China’s domestic battery-grade lithium market remains under downward pressure, with lower offers for carbonate bringing the assessment down by 1.8% week on week on Thursday November 14, while the downtrend in Chinese prices is weighing on the seaborne Asia market, market sources said. http://www.metalbulletin.com/Article/3904455/GLOBAL-LITHIUM-WRAP-Bearish-Asian-markets-eye-continuously-weakening-Chinese-carbonate-price-for.htmlFri, 15 Nov 2019 11:30:00 GMTCHINA REBAR: Prices rise further but caution emergesChina’s rebar prices continued to rise on Friday November 15, though traders have started to become more cautious about the market losing its upward momentum.http://www.metalbulletin.com/Article/3904445/CHINA-REBAR-Prices-rise-further-but-caution-emerges.htmlFri, 15 Nov 2019 10:55:00 GMTLIVE FUTURES REPORT 15/11: Selling pressure brings LME nickel price below $15,000/t; fresh 46kt inflow for AlThe three-month nickel price on the London Metal Exchange dropped below the nearby $15,000 per tonne support level during morning trading on Friday November 15, while there was another fresh inflow for aluminium. http://www.metalbulletin.com/Article/3904447/LIVE-FUTURES-REPORT-1511-Selling-pressure-brings-LME-nickel-price-below-15000t-fresh-46kt-inflow-for.htmlFri, 15 Nov 2019 10:43:00 GMTCHINA HRC: Mills raise offers amid pick-up in buying activityChina’s hot-rolled coil producers raised their offers on Friday November 15 on strong buying activity throughout this week.http://www.metalbulletin.com/Article/3904444/CHINA-HRC-Mills-raise-offers-amid-pick-up-in-buying-activity.htmlFri, 15 Nov 2019 10:25:00 GMTSHFE STOCKS REPORT 15/11: Lead stocks soar by 33%; nickel up by 18%Lead stocks at Shanghai Futures Exchange-approved warehouses recorded the largest increase in percentage terms in the week ended Friday November 15, with the heavy metal’s stocks now up by 79.3% since the beginning of the month.http://www.metalbulletin.com/Article/3904440/SHFE-STOCKS-REPORT-1511-Lead-stocks-soar-by-33-nickel-up-by-18.htmlFri, 15 Nov 2019 09:48:00 GMTVale pilots yuan futures-based iron ore salesBrazilian miner Vale has diversified its iron ore sales to yuan-denominated futures contract pricing, which is the first time for global miners to use such pricing.http://www.metalbulletin.com/Article/3904435/Vale-pilots-yuan-futures-based-iron-ore-sales.htmlFri, 15 Nov 2019 09:45:00 GMTMORNING VIEW: Countertrend moves underway in base metals despite risk-on in equitiesThere are cross currents flowing through broader markets, risk-on is still evident in equities, base metals are generally pulling back in countertrend moves from the stronger tone seen in October and early November and there is some nervousness around judging by the pick-up in demand for havens in recent days.http://www.metalbulletin.com/Article/3904436/MORNING-VIEW-Countertrend-moves-underway-in-base-metals-despite-risk-on-in-equities.htmlFri, 15 Nov 2019 08:44:00 GMTINTL FERRO-ALLOYS CONF: Ferro-vanadium discounts to widen for 2020 contracts on weak steel demand outlook Suppliers are offering wider discounts in early negotiations for long-term ferro-vanadium contracts for 2020 compared with this year, according to market sources. http://www.metalbulletin.com/Article/3904345/INTL-FERRO-ALLOYS-CONF-Ferro-vanadium-discounts-to-widen-for-2020-contracts-on-weak-steel-demand.htmlFri, 15 Nov 2019 08:00:00 GMTChina Hongqiao-backed consortium wins rights for Guinea’s Simandou iron ore projectGuinea’s largest bauxite developer, SMB-Winning Consortium, has won a tender to develop two blocks of the Simandou project, the site of what is considered one of the world’s largest untapped deposits of high-grade iron ore.http://www.metalbulletin.com/Article/3904272/China-Hongqiao-backed-consortium-wins-rights-for-Guineas-Simandou-iron-ore-project.htmlFri, 15 Nov 2019 05:55:00 GMTLIVE FUTURES REPORT 15/11: SHFE base metals prices largely down on disappointing Chinese dataBase metals prices on the Shanghai Futures Exchange were broadly down during the morning trading session on Friday November 15, with nickel giving the worst performance of the complex with a 2.7% drop.http://www.metalbulletin.com/Article/3904434/LIVE-FUTURES-REPORT-1511-SHFE-base-metals-prices-largely-down-on-disappointing-Chinese-data.htmlFri, 15 Nov 2019 04:45:00 GMTLIVE FUTURES REPORT 14/11: LME aluminium price narrows while spreads flip to contago; zinc slips below $2,400The three-month aluminium price on the London Metal Exchange was lower at the close of trading on Thursday November 14, closing at its lowest level since late-October, while zinc’s outright price similarly fell to its lowest level in just over a month. http://www.metalbulletin.com/Article/3904409/LIVE-FUTURES-REPORT-1411-LME-aluminium-price-narrows-while-spreads-flip-to-contago-zinc-slips-below.htmlThu, 14 Nov 2019 18:27:00 GMTALUMINA ROUND-UP: Australian fob price steady around $280 per tonneThe fob Australia price for alumina has hovered around the $280 per tonne mark in relatively liquid trading over the week ended Thursday November 14. http://www.metalbulletin.com/Article/3904372/ALUMINA-ROUND-UP-Australian-fob-price-steady-around-280-per-tonne.htmlThu, 14 Nov 2019 16:58:00 GMTDAILY SCRAP REPORT: Mills book more scrap for December, but worry over long steel demandTurkish steel producers have continued to book scrap shipments for December deliveries at prices remaining largely stable, sources said on Thursday November 14. http://www.metalbulletin.com/Article/3904346/DAILY-SCRAP-REPORT-Mills-book-more-scrap-for-December-but-worry-over-long-steel-demand.htmlThu, 14 Nov 2019 16:10:00 GMTCHINA COBALT SNAPSHOT: Consumers retreat on comfortable tetroxide, hydroxide stocks; sulfate demand low Key data from the Wednesday November 13 pricing sessions in Shanghai and London. http://www.metalbulletin.com/Article/3904340/CHINA-COBALT-SNAPSHOT-Consumers-retreat-on-comfortable-tetroxide-hydroxide-stocks-sulfate-demand-low.htmlThu, 14 Nov 2019 15:57:00 GMTArgentina’s steel consumption to remain stable next year, rebound in 2021: TerniumArgentina’s steel consumption is likely to be little changed from this year's level in 2020 and recover only in 2021, according to a preliminary forecast by Ternium Argentina. http://www.metalbulletin.com/Article/3904280/Argentinas-steel-consumption-to-remain-stable-next-year-rebound-in-2021-Ternium.htmlThu, 14 Nov 2019 15:44:00 GMTAsian steel plate prices set for strong start in 2020, Japanese steelmaker saysSupport for steel plate prices in Asia was likely to continue in 2020 because of the environmental restrictions imposed by the Chinese government on steelmaking during the coming winter, a source at a leading Japanese steel mill told Fastmarkets this week. http://www.metalbulletin.com/Article/3904342/Asian-steel-plate-prices-set-for-strong-start-in-2020-Japanese-steelmaker-says.htmlThu, 14 Nov 2019 15:17:00 GMTTURKEY STEEL BILLET: Import, export prices improve on recovering demandSteel billet import and export prices in Turkey have increased slightly over the past week, in line with improving demand. But domestic prices have remained fairly stable, sources said on Thursday November 14. http://www.metalbulletin.com/Article/3904336/TURKEY-STEEL-BILLET-Import-export-prices-improve-on-recovering-demand.htmlThu, 14 Nov 2019 14:55:00 GMTTURKEY LONG STEEL: Domestic prices recover slightlyRebar and wire rod prices in the Turkish domestic market have gone up slightly over the past week, in line with higher scrap costs and recovering demand, sources said on Thursday November 14.http://www.metalbulletin.com/Article/3904311/TURKEY-LONG-STEEL-Domestic-prices-recover-slightly.htmlThu, 14 Nov 2019 14:30:00 GMTINTL FERRO-ALLOYS CONF: Vanadium leads price declines fueled by slowing global growth, steel demand While the ferro-alloys industry prepares to gather in Budapest for the annual International Ferro-alloys conference on November 17-19, Fastmarkets looks at the key price moves since last year's conference. http://www.metalbulletin.com/Article/3904296/INTL-FERRO-ALLOYS-CONF-Vanadium-leads-price-declines-fueled-by-slowing-global-growth-steel-demand.htmlThu, 14 Nov 2019 14:20:00 GMTEGYPT STEEL BILLET, REBAR: Price increases stimulate demandPrices for steel rebar and billet in Egypt rose in the week ended Thursday November 14, stimulating demand as buyers looked to avoid being caught by any further increases, sources told Fastmarkets.http://www.metalbulletin.com/Article/3904305/EGYPT-STEEL-BILLET-REBAR-Price-increases-stimulate-demand.htmlThu, 14 Nov 2019 13:50:00 GMTTURKEY LONG STEEL EXPORTS: Mills keep prices steady despite weak demandThe Turkish rebar and wire rod export markets have remained mostly quiet over the past week on limited demand, sources said on Thursday November 14. http://www.metalbulletin.com/Article/3904304/TURKEY-LONG-STEEL-EXPORTS-Mills-keep-prices-steady-despite-weak-demand.htmlThu, 14 Nov 2019 13:45:00 GMTPRICING NOTICE: Change to Fastmarkets MB’s midpoints and averagesFastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.http://www.metalbulletin.com/Article/3904302/PRICING-NOTICE-Change-to-Fastmarkets-MBs-midpoints-and-averages.htmlThu, 14 Nov 2019 13:05:00 GMTIRON ORE DAILY: High-grade fines index surges past $95/t The Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao crossed the $95-per-tonne mark for the first time since October 25 on Thursday November 14.http://www.metalbulletin.com/Article/3904297/IRON-ORE-DAILY-High-grade-fines-index-surges-past-95t.htmlThu, 14 Nov 2019 12:15:00 GMTCOKING COAL DAILY: Import suspension at some Chinese ports creates uncertaintyAn informal suspension of coal imports at ports in the eastern Chinese province of Jiangsu province and some parts of southern China has raised uncertainties in the seaborne coking coal market, though the country’s downstream steel market strengthened on Thursday November 14.http://www.metalbulletin.com/Article/3904290/COKING-COAL-DAILY-Import-suspension-at-some-Chinese-ports-creates-uncertainty.htmlThu, 14 Nov 2019 11:40:00 GMTLIVE FUTURES REPORT 14/11: LME aluminium price ignores 78kt inflow; tin improvesThe three-month aluminium price on the London Metal Exchange was little moved during morning trading on Thursday November 14, ignoring a fresh inflow of more than 78,000 tonnes into LME-registered Asian warehouses.http://www.metalbulletin.com/Article/3904279/LIVE-FUTURES-REPORT-1411-LME-aluminium-price-ignores-78kt-inflow-tin-improves.htmlThu, 14 Nov 2019 11:03:00 GMTCHINA REBAR: Surge in new construction starts boost prices China’s rebar prices rose further on Thursday November 14 following the release of statistics showing a surge in construction starts in the first 10 months of the year.http://www.metalbulletin.com/Article/3904277/CHINA-REBAR-Surge-in-new-construction-starts-boost-prices.htmlThu, 14 Nov 2019 10:42:00 GMTCHINA HRC: Inventory drop bolsters pricesChina’s hot-rolled coil market maintained its upward trajectory on Thursday November 14 amid a drop in inventory levels.http://www.metalbulletin.com/Article/3904275/CHINA-HRC-Inventory-drop-bolsters-prices.htmlThu, 14 Nov 2019 09:45:00 GMTArcelorMittal CEO expects 5-6% rise in Brazilian steel use in 2020; Gerdau even more bullishBrazilian apparent steel use is showing signs of recovery and will increase significantly from next year, ArcelorMittal Long Carbon Latin America chief executive officer Jefferson de Paula said this week. http://www.metalbulletin.com/Article/3904266/ArcelorMittal-CEO-expects-5-6-rise-in-Brazilian-steel-use-in-2020-Gerdau-even-more-bullish.htmlThu, 14 Nov 2019 09:06:00 GMTLIVE FUTURES REPORT 14/11: SHFE base metals prices mixed on fading trade optimism, weak data; zinc down 1.1%Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Thursday November 14, with zinc leading on the downside with a 1.1% drop.http://www.metalbulletin.com/Article/3904269/LIVE-FUTURES-REPORT-1411-SHFE-base-metals-prices-mixed-on-fading-trade-optimism-weak-data-zinc-down.htmlThu, 14 Nov 2019 05:15:00 GMTFOCUS: Scrap could account for 50% of Chinese steel production by 2030China’s annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country’s steel output, according to the China Association of Metal Scrap Utilization (Camu). http://www.metalbulletin.com/Article/3903616/FOCUS-Scrap-could-account-for-50-of-Chinese-steel-production-by-2030.htmlThu, 14 Nov 2019 05:00:00 GMTHenry to take over as BHP chief executiveMike Henry has been named chief executive officer and executive director of BHP, effective from January 1, 2020.http://www.metalbulletin.com/Article/3904261/Henry-to-take-over-as-BHP-chief-executive.htmlWed, 13 Nov 2019 23:12:00 GMTEUROPE WIRE ROD: Prices unchanged despite rises in scrap costsThe price of steel wire rod in Europe has remained stable this week despite recent substantial increases in the price of ferrous scrap, Fastmarkets heard on Wednesday November 13. http://www.metalbulletin.com/Article/3904234/EUROPE-WIRE-ROD-Prices-unchanged-despite-rises-in-scrap-costs.htmlWed, 13 Nov 2019 18:40:00 GMTBASE METALS WARRANT REPORT 13/11A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday November 13. http://www.metalbulletin.com/Article/3904068/BASE-METALS-WARRANT-REPORT-1311.htmlWed, 13 Nov 2019 18:06:00 GMTEUROPE SECTIONS: Prices stable but increases may come soonPrices for hollow steel sections in Northern and Southern Europe were unchanged this week although some mills were offering higher prices on possible rises in feedstock costs, market sources told Fastmarkets on Wednesday November 13. http://www.metalbulletin.com/Article/3904226/EUROPE-SECTIONS-Prices-stable-but-increases-may-come-soon.htmlWed, 13 Nov 2019 18:05:00 GMTPRICING NOTICE: Amendment to pig iron/HBI price assessment publication timesFastmarkets has amended the publication times of its weekly global pig iron and hot-briquetted iron (HBI) price assessments from 3pm to 4pm London time. http://www.metalbulletin.com/Article/3904082/PRICING-NOTICE-Amendment-to-pig-ironHBI-price-assessment-publication-times.htmlWed, 13 Nov 2019 18:05:00 GMTEUROPE BEAMS: Prices stay flat but mills poised to push through increasesSteel H-beam prices in Europe remained unchanged in the week to Wednesday, November 13, but sources told Fastmarkets that mills are starting to increase their offer prices to reflect recent rises in feedstock costs. http://www.metalbulletin.com/Article/3904157/EUROPE-BEAMS-Prices-stay-flat-but-mills-poised-to-push-through-increases.htmlWed, 13 Nov 2019 17:56:00 GMTLIVE FUTURES REPORT 13/11: Selling pressure pushes LME zinc price down 2%; tin approaches $16,000/t The three-month zinc price on the London Metal Exchange continued its sell-off at the close of trading on Wednesday November 13, recording moderate turnover, while tin’s outright price teased a break below nearby support.http://www.metalbulletin.com/Article/3904236/LIVE-FUTURES-REPORT-1311-Selling-pressure-pushes-LME-zinc-price-down-2-tin-approaches-16000t.htmlWed, 13 Nov 2019 17:56:00 GMTIranian billet prices keep climbing as mills sell January allocationExport billet prices from Iran have surged in the week to Wednesday November 13 with mills starting sales of their January-rolling material, Fastmarkets has learnt. http://www.metalbulletin.com/Article/3904222/Iranian-billet-prices-keep-climbing-as-mills-sell-January-allocation.htmlWed, 13 Nov 2019 17:28:00 GMTMINOR METALS MARKET REPORT 13/11: Low buying appetite pushes antimony prices down furtherAn overview of the minor metals markets and their latest price moves.http://www.metalbulletin.com/Article/3904229/MINOR-METALS-MARKET-REPORT-1311-Low-buying-appetite-pushes-antimony-prices-down-further.htmlWed, 13 Nov 2019 17:27:00 GMTEUROPE HRC: Market falls quiet but higher offers expected soonThe European market for domestic hot-rolled coil has been quiet over the past week with domestic steelmakers taking a step back from trading activity but expected to return with higher offers soon, sources told Fastmarkets on Wednesday November 13. http://www.metalbulletin.com/Article/3904151/EUROPE-HRC-Market-falls-quiet-but-higher-offers-expected-soon.htmlWed, 13 Nov 2019 17:05:00 GMTGLOBAL ZINC & LEAD WRAP: US zinc premium ignores record-low New Orleans stocks; Shanghai markets subdued by arb loss Global zinc premiums were left with little room to maneuver against exchange-stock drawdowns and high import losses this week, while persistent backwardations in the metal's forward curve kept spot trading opportunities minimal. http://www.metalbulletin.com/Article/3904053/GLOBAL-ZINC-and-LEAD-WRAP-US-zinc-premium-ignores-record-low-New-Orleans-stocks-Shanghai-markets.htmlWed, 13 Nov 2019 16:55:00 GMTNOBLE ALLOYS MARKET REPORT 13/11: Ferro-vanadium continues incline on good sentiment; prices jump over 8%An overview of the noble alloys markets and their latest price moves.http://www.metalbulletin.com/Article/3904224/NOBLE-ALLOYS-MARKET-REPORT-1311-Ferro-vanadium-continues-incline-on-good-sentiment-prices-jump-over-8.htmlWed, 13 Nov 2019 16:25:00 GMTDAILY SCRAP REPORT: Mills continue to book scrap at steady prices [CORRECTED]Turkish steel producers have continued their deep-sea scrap purchases for December deliveries at steady prices, sources said on Wednesday November 13. http://www.metalbulletin.com/Article/3904120/DAILY-SCRAP-REPORT-Mills-continue-to-book-scrap-at-steady-prices-[CORRECTED].htmlWed, 13 Nov 2019 16:02:00 GMTTURKEY STEEL PIPE EXPORTS: Mills raise export offers on costlier raw materialsTurkish steel pipe export prices have advanced in the past month due to increasing raw material costs and stronger demand in the domestic market, sources said on Wednesday November 13.http://www.metalbulletin.com/Article/3904084/TURKEY-STEEL-PIPE-EXPORTS-Mills-raise-export-offers-on-costlier-raw-materials.htmlWed, 13 Nov 2019 15:55:00 GMTGLOBAL NICKEL WRAP: US briquette premium up; China plates premiums slidePremiums for full-plate nickel cathodes in China declined in the week to Tuesday November 12 as import arbitrage margins shrank, while in Europe premiums were flat and in the United States briquette premiums edged up.http://www.metalbulletin.com/Article/3904049/GLOBAL-NICKEL-WRAP-US-briquette-premium-up-China-plates-premiums-slide.htmlWed, 13 Nov 2019 15:25:00 GMTFastmarkets-settled MJP aluminium contract to launch on LMEThe London Metal Exchange is seeking to launch a new cash-settled main Japanese ports (MJP) aluminium premium contract settled against a Fastmarkets price, the exchange said on Wednesday November 13. http://www.metalbulletin.com/Article/3904060/Fastmarkets-settled-MJP-aluminium-contract-to-launch-on-LME.htmlWed, 13 Nov 2019 15:00:00 GMTChinese copper smelters to lead benchmark TC/RC talks after Japanese decline - sourceChinese copper smelters will continue to lead benchmark copper concentrate negotiations despite approaching Japan's Pan Pacific Copper (PPC) to negotiate the annual deal from a stronger position, sources said. http://www.metalbulletin.com/Article/3904057/Chinese-copper-smelters-to-lead-benchmark-TCRC-talks-after-Japanese-decline-source.htmlWed, 13 Nov 2019 14:03:00 GMT