Seaborne iron ore prices were rangebound on Thursday October 18, with the market showing signs of cooling off from Wednesday's bullishness.MB 62% Fe Iron Ore Index: $73.58 per tonne cfr Qingdao, up by $0.22 per tonne.MB 62% Fe Pilbara Blend Fines Index: $72.61 per tonne cfr Qingdao, up by $0.22 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $78.60 per tonne cfr Qingdao, down by $0.15 per tonne.MB...Read More

(Updates prices, market activity)By Collin EatonHOUSTON, Oct 18 (Reuters) - Oil prices fell on Thursday as investors' concerns returned to the impact an escalating trade row between China and the United States will have on oil demand growth and data showing ample supplies.Global benchmark Brent crude has fallen almost $8 per barrel since reaching a four-year high of $86.74 on Oct. 3, weakened by l...Read More

* China sell-off drags Asia shares lower* 10-year U.S. yield dips after touching 1-week high* Oil falls further on U.S. data; Saudi news limits drop (Updates prices, changes comment)By Rodrigo CamposNEW YORK, Oct 18 (Reuters) - Stocks fell on Thursday while German and U.S. bond prices rose in a move toward safety assets, with traders citing the Sino-U.S. trade war, Italy's budget concerns and a wi...Read More

* China drags Asia shares lower; Europe flat* Wall St drops after weak industrial earnings, hawkish Fed* 10-year U.S. yield climbs to 3.217 percent* Oil falls further on rising U.S. inventories (Updates prices, changes comment, dateline from previous LONDON)By Rodrigo CamposNEW YORK, Oct 18 (Reuters) - The U.S. dollar index rose on Thursday alongside Treasury yields after Federal Reserve policymak...Read More

* China sell-off drags Asia shares lower* 10-year U.S. yield little changed after rise to 1-week high* Oil falls further on U.S. data; Saudi, Iran limit drop (Updates prices, changes comment)By Rodrigo CamposNEW YORK, Oct 18 (Reuters) - Stocks fell sharply on Thursday while the Japanese yen rose in a move toward safety assets, with traders citing the Sino-U.S. trade war, Italy's budget concerns an...Read More

* FTSE 100 hands back earlier gains, ends down 0.3 pct* CRH (LON:CRH) tumbles after weak Heidelbergcement results* Unilever declines as volume miss overshadows sales growth* Healthcare boosted by Novartis results (Updates prices, adds details)By Josephine Mason and Helen ReidLONDON, Oct 18 (Reuters) - Britain's top share index eased on Thursday as disappointing earnings hurt construction m...Read More

Investing.com - Gold prices were flat on Thursday as investors paused to digest the latest meeting minutes from the Federal Reserve.Comex gold futures for December delivery inched up 0.06% to $1,228.10 a troy ounce as of 8:02 AM ET (12:02 GMT).The hawkish Fed minutes showed that while the central bank had some doubts about the economy, it still planned to gradually increase interest rates in Decem...Read More

Oct 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday:** Hungarian holding companies Konzum KONU.BU and Opus Global OPUSG.BU announced a plan to merge, creating a combined entity with a market capitalisation of about 350 billion to 400 billion forints ($1.25 billion to $1.43 billion). German copper products maker Wieland-Werke has submitte...Read More

The Turkish deep-sea scrap market showed signs of renewed activity on Thursday October 18, with prices being pushed upward by rumors of a new cargo booking.So far this week, no deep-sea cargo bookings have been heard, but rumors of a European cargo being sold were circulating on the market today. But the details began to emerge...Read More

Imported steel billet prices in Egypt decreased in the week ended Thursday October 18, with demand in the country remaining weak.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $480-485 per tonne cfr on Thursday, falling from...Read More

The Comex copper price tumbled in the morning on Thursday October 18 after the US Federal Reserve indicated another interest rate rise is imminent. The copper price for December settlement on the Comex division of the New York Mercantile Exchange dipped 4.10 cents to $2.7370 per lb. The broad-based weakness in the base metals follows a rebound in the dollar after the minutes from the US Federal Op...Read More

BHP's zinc concentrates production rose 5% year on year in the three months ended September 30, 2018, according to the company's quarterly production report released on Wednesday October 17. The company produced 30,558 tonnes in the July-September period, up 5% from 29,201 tonnes in the same period of 2017, although production dropped by 15% on a quarterly basis. The miner produced 35,983 tonnes o...Read More

Key data from the Wednesday October 17 pricing session in Asia. Key drivers: Cheaper offers from new supply regions including the Middle East, Russia, Spain and Italy put pressure on Chinese exporters to lower their prices.This new supply was diverted to Japan from Europe and...Read More

Australian-Chinese miner MMG has increased 2018 production guidance from Dugald River, with a ramp-up at the Australian zinc mine progressing faster than expected.Dugald River will produce 140,000-150,000 tonnes of zinc in concentrate this year, MMG said, above the 120,000-140,000 tonnes previously stated by the company."The Dugald River ramp up continues to track ahead of schedule, with mining an...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday October 18*Copper -$95.64 (-665.08 yuan) Aluminium -$452.61 (-3,147.39 yuan) Zinc -$82.92 (-576.6 yuan) Nickel $317.67 (2,208.99 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More

The latest metal markets news and price moves to start the North American day on Thursday October 18.Zinc continued to outperform the other base metals during morning trading the London Metal Exchange following a large cancellation at LME-listed warehouses.The three-month zinc price peaked at $2,687 per tonne this morning, its highest since the start of October, after more than 31,000 tonnes of th...Read More

Polish secondary aluminium producer Alumetal SA raised capacity at its plant in Gorzyce, Poland, earlier this month, it said, amid falling prices - diecasting alloy is down by than ?,?200 in Europe since the start of 2018.Capacity at the producer's Gorzyce plant has increased to more than 20,000 tonnes per year from 8,000 tpy, it said. The expansion will also allow the company's plant to produce a...Read More

Prices for US domestic rebar remained flat despite a modest gain in Chicago shredded scrap prices, while imported prices remain static due to a lack of confirmed market activity. Fastmarkets AMM's assessment for domestic rebar held at $35-36 per hundredweight ($700-720 per short ton) fob Midwest mill on Wednesday October 17, while imported rebar remained at $676-700 per ton cfr Port of Houston. No...Read More

Import prices for flat-rolled steel in the United States are mostly in line with levels recorded two weeks ago, although market participants have said that import volumes could recover if recent domestic price increases take full effect.Fastmarkets AMM's assessment for imported hot-rolled coil (HRC) narrowed upward to $740-780 per short ton cfr port of Houston on Thursday October 17 from $720-780...Read More

China's domestic hot-rolled coil prices decreased on Thursday October 18 following a sharp drop in the futures market. DomesticEastern China (Shanghai): 4,210-4,230 yuan ($608-611) per tonne, down 20 yuan per tonneNorthern China (Tianjin): 4,110-4,120 yuan per tonne, down 10 yuan per tonneThe significant drop in the futures market dampened demand for HRC and pushed down spot prices for the product...Read More