Spreads narrowed to 79-82pc of the Argus midwest transaction from 78-80pc a week e Read more.New York, 7 February (Argus) — Continued tightening of cobalt supply lifted prices for a fifth consecutive week.Houston, 14 March (Argus) — Canadian service center shipments of steel products, excluding structural, fell by 7.8pc in February from a year earlier while inventories fell by 3.3pc. Shipments totaled 365,700net tons (331,757metric tonnes), down from 396,900nt a year earlier, the Illinoi Read more.
Houston, 18 January (Argus) — Used aluminum beverage can (UBC) spreads narrowed Wednesday as some consumers hiked bids and others were forced to reluctantly keep up.Houston, 5 January (Argus) — Premiums for 4x4inch nickel cathodes dropped in the latest week while premiums for full-plate nickel cathodes were unchanged amid very thin holiday trade.West Texas Intermediate (WTI), also known as Texas light sweet, represents local fundamentals for crude oil in the U.S. and sent via pipeline.Houston, 3 March (Argus) — Stainless steel scrap processors in the US raised buying prices for 304 scrap Friday in a push to build inventories amid anticipation of stronger consumer demand.
The probe was launched after a complaint was lodged by a comm Read more.Some consumers are out of the market for February and dealers have limited options for spot deals in the month as many consum Read more.Freight rates for 30,000t scrap cargoes on Supramax vessels from A Read more.
The five-year review concerns stainless steel butt-welded pipe fittings that if rem Read more.London, 17 January (Argus) — Commodity analysts expect LME zinc prices to consolidate the gains accumulated in 2016 on Chinese demand, but warn about the downward pressure of profit-taking strategies in 2017.Houston, 31 January (Argus) — Bare bright copper scrap rose in thin trade while other scrap prices remained unchanged across Europe in the latest week amid ample supply.Beijing, 17 March (Argus) — Joint venture partners Mineral Resources, Neometals and Ganfeng Lithium have sent another shipment of spodumene from the Mt Marion project in Western Australia.Houston, 18 January (Argus) — UK-based Barclays bank raised its outlook for average copper prices for this year by 32pc, reflecting a decline in its projected surplus, stronger Chinese growth, delays in output ramp-ups and some boost prompted by pro-growth policies in the US pledged by i Read more.The Anglo Australian resources group took the decision because work Read more.Houston, 10 January (Argus) — US ferrous scrap imports from Canada increased by 39pc in November from a year earlier as shipments to Detroit increased to 2016 highs.
London, 25 January (Argus) — Russian speciality metals producer Chepetsk Mechanical Plant (CMP) and AA Bochvar High Technology Scientific Research Institute for Inorganic Materials (VNIINM) have patented a new vacuum arc melting process to manufacture hafnium ingot.Houston, 16 February (Argus) — Smelter-grade aluminum scrap prices rose in the latest week amid a soaring secondary alloy market and a higher midwest transaction price.
The pickup Friday in copper came on the back of strong US nonfarm payroll numbers and news of a strike at a major copper mine, the third major mine stoppage in Read more.Johannesburg, 24 January (Argus) — Metals explorer Australian Mines is making progress with a definitive feasibility study and a scoping study at two scandium-cobalt projects in Australia.
CHRIS | Crude Oil Futures, Continuous Contract #1 (CL1Total global pig iron production fell to 92.09mn t in February — down from 98.28mn t in January, although up from Read more.Houston, 1 March (Argus) — Comex copper strengthened for a fourth day after President Donald Trump delivered his first address to Congress, reiterating his pledges to boost infrastructure spending and revitalize factories and the economy in a speech that was sparse on details.Houston, 9 January (Argus) — Texas-based recycler and steelmaker Commercial Metals (CMC) is set to become the only US producer of hot-rolled, spooled rebar.
Can the Saudis restore oil prices to reasonably high levels without losing much in the way of market share.Sao Paulo, 10 March (Argus) — London-based tungsten producer W Resources will restart production at its La Parrilla tungsten mine in Spain in the second half of this year following the installation of new crushing equipment.London, 17 March (Argus) — Ukrainian titanium ore producer UMCC reported a 26pc increase in sales of ilmenite in 2016.London, 2 March (Argus) — Export prices of Russian and Ukrainian basic pig iron (BPI) have continued to rise sharply over the past week, with the escalation of supply disruptions in Ukraine having removed a significant amount of tonnage from the market, and wider fundamentals providing f Read more.Many domestic suppliers withheld tons late last year hoping to unload material in January if prices incr Read more.The deposit is estimated to contain 196,000t of zinc and 153,000t of lead within an ore Read more.
Short-Term Energy Outlook Supplement: Brent Crude Oil SpotThe project includes multiple cobalt-nickel target zones in an area which historically produced around 430,000t of the two metals in the 19th c Read more.
Houston, 9 February (Argus) — Comex copper prices edged lower Thursday as the US dollar was heading towards its high for the week during mid-day trading.Houston, 22 March (Argus) — US copper cathode premiums held onto recent gains as concerns of a supply deficit outweighed lackluster physical demand in the last week.Houston, 6 March (Argus) — US stainless: Scrap prices hold Stainless scrap processors buying prices were flat today, due in part to steady, range-bound nickel trading on the London Metal Exchange.Sao Paulo, 9 January (Argus) — Luxembourg-based stainless steel maker Aperam considers a binding offer from German business turnaround specialist mutares for its stainless steel welded tubes businesses in France.London, 1 February (Argus) — Coking coal prices should logically be around 1.9 times the price of thermal coal on average for the foreseeable future, according to analysis by US bank Citi.New York, 19 January (Argus) — Prices for supply of seaborne US coking coal exports were flat to lower this week as buyers held back on new purchases.The one-month outage will not affect shipments as Ahmsa has Read more.Xun Luo1 Apr 15, 2007 Abstract: This project studies the analysis of fundamental drivers for the prices of.Global LME aluminum inventories fell to 2.07mn metric tonnes (t) from Read more.
Sao Paulo, 4 January (Argus) — New private car registrations in France rose 5.8pc in December from a year earlier to 194,381 vehicles, pointing to higher demand for ferro-alloys suppliers and steel producers in 2017.The Houston-based company expects volume at its bulk terminals this year to increase by 1.3pc to Read more.Houston, 15 March (Argus) — Premiums for P1020 aluminium remained unchanged in the latest week with limited spot trading while London Metal Exchange (LME) aluminium held in a tight range.Houston, 7 March (Argus) — Stainless scrap processor buying prices were unchanged Tuesday as nickel exchange prices have traded in a tight range in recent days.Oversupply of available and inexpensive scrap has caused cathode demand to suffer, even with off-grade cathodes offered at a discount to the Read more.Houston-Galveston exports fell to 312,062metric tonnes (t) from 577,970t a year earlier after Turkey booked only one cargo from Houston in 2016.Johannesburg, 26 January (Argus) — South Africa-based platinum and metals producer Lonmin sold 385,496t of by-product chromite concentrate in its December fiscal first quarter, well down on sales of 438,717t in its year-earlier quarter.