Prices for rebar produced and delivered in Northern Europe remained stable over the week ended Wednesday October 17, with buyers unwilling to commit to purchases beyond the very short term at a time of high uncertainty.Fastmarkets' weekly price assessment for domestic rebar in Northern Europe stayed at ?,?550-570 ($637-660) per tonne on October 17, with almost no new deals reported.There were reas...Read More

The following Fastmarkets noble alloys and ores prices changed on Wednesday October 17:Noble alloys Molybdenum Europe drummed molybdic oxide, $/lb: $11.90-12.00 per lb from $12.00-12.15 Ferro-molybdenum basis 65% min, in-warehouse Rotterdam, $/kg...Read More

The following Fastmarkets minor metals prices changed on Wednesday October 17:Antimony MB free market regulus, $/tonne: $8,150-8,500 per tonne from $8,400-8,600Antimony MMTA standard grade II, $/tonne: $8,150-8,450 per tonne from $8,400-8,600Antimony MB Chinese free market MMTA standard grade II, yuan/tonne: 51,000-51,500 yuan per...Read More

Key data from the Wednesday October 17 pricing session in Europe. Key drivers  The European ferro-titanium price range dropped again, extending price losses from the previous week on persistently low demand, which is encouraging cheaper offer prices. Some dealers are away due to holidays in Europe, which has cooled trading activity.  Reported trades...Read More

Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Wednesday October 17.Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Wednesday after sentiment improved following strong gains in global equity markets.Check Metal Bulletin's live futures report here.Weakness was felt in aluminium premiums ar...Read More

Ferrous scrap dock buying prices on the US East Coast weakened further despite the lack of fresh bulk sales, with the downward trend that started a week ago trickling into another export region, according to market sources.No cargoes were sold from either US coast over the past week, leaving bulk prices flat yet again. But - similar to the declines seen in Boston last week - some market participan...Read More

The stainless steel scrap market in the United States remains weak, with prices pressured by rising inventories at scrapyards, prompting some dealers to turn to the export market."Consumer melt schedules remain strong, but they just do not need much scrap right now," one major US processor source said."The export market has strengthened, with prices stronger in India, and Rotterdam has reported be...Read More

Domestic prices for ferrous scrap in Italy have been largely unchanged over the past month due to a good balance of supply and demand, sources told Fastmarkets this week.Fastmarkets' monthly price assessment for domestic grade E3 scrap in Italy remained at ?,?275-285 ($318-330) per tonne delivered on Thursday October 17, compared with ?,?270-290 per tonne delivered in September."The Italian scrap....Read More

Brazilian exports of pig iron totaled 187,026 tonnes in September this year, falling by 18.60% from 229,641 tonnes in the corresponding month in 2017, according to national foreign trade ministry MDIC.The main reason for the fall in exports was the reduced volume of deliveries to the United States.The North American country received 93,804 tonnes of Brazilian pig iron last month, down by 23.30% in...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transactions: iron oreIron oreGlobal Ore, 170,000 tonnes, 62% Fe Brazilian Blend fines, sold at...Read More

Seaborne iron ore prices went up on Wednesday October 17 amid bullish sentiment and a surge in the paper markets.MB 62% Fe Iron Ore Index: $73.36 per tonne cfr Qingdao, up by $1.86 per tonne.MB 62% Fe Pilbara Blend Fines Index: $72.39 per tonne cfr Qingdao, up by $1.86 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $78.75 per tonne cfr Qingdao, up by $2.05 per tonne.MB 58% Fe Premium Index: $61.4...Read More

The seaborne coking coal spot market strengthened on Wednesday October 17 after end users outside of China snapped up cargoes at higher prices.While a November-laycan cargo of a top Australian brand was sold to a southern Chinese mill at $216 per tonne cfr China, an East Asian steelmaker paid $225 per tonne fob Australia for a similar shipment during the day, according to various sources.A 50,000-...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday October 17*Copper -$112.17 (-778.14 yuan) Aluminium -$454.08 (-3,150.06 yuan) Zinc -$23.09 (-160.16 yuan) Nickel $242.03 (1,679.03 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More

China's domestic hot-rolled coil prices remained flat on Wednesday October 17, though the export index dropped amid weak demand. DomesticEastern China (Shanghai): 4,230-4,250 yuan ($612-614) per tonne, unchangedNorthern China (Tianjin): 4,120-4,130 yuan per tonne, unchangedEnd users continued to consume HRC at a steady rate and appeared to have no plans to stock up on materials, a trader in Shangh...Read More

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: HRCHot-rolled coilEast China, domestic, commercial-grade...Read More

Chinese cobalt sulfate trade log including business, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis. In addition, cobalt sulfate, Co 20.5% min, China ex-works, adjustment to low-grade cobalt low-end price at Co 20.5% basis, $/Ib is showed in the bracket, at $ per lb basis. Fastmarkets MB prices Click here for Fastmarkets MB'...Read More

The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday October 17:Aluminium scrapGroup 1 pure 99% & litho: ?1,400-1,450 per tonne from ?1,410-1,460Commercial pure cuttings: ?1,100-1,160 per tonne from ?1,110-1,160Clean HE9 extrusions: ?1,400-1,450...Read More

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Peninsula Energy Ltd (ASX:PEN) has achieved an 8% increase in production from its Lance Projects in Wyoming, US during the quarter ended September 30 2018, compared to the previous quarter.The increase in production is partly the result of the completion of a dried pounds reconciliation by the toll milling contractor for the period April 2018 to September 2018, as is standard industry practice dur...Read More