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INTERVIEW: Magontec to start magnesium alloys production at Qinghai facility in Q3

Australia-listed Magontec Ltd aims to start producing magnesium alloys at its Qinghai casthouse in the third quarter of this year, executive chairman Nicholas Andrews told Metal Bulletin during an interview on the sidelines of the 74th annual world magnesium conference in Singapore this week.

May 25, 2017
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By Shivani Singh

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METALS MORNING VIEW 25/05: Metals prices generally firmer in light volume

Base metals prices are little changed this morning, Thursday May 25, with three-month zinc prices off 0.5% at $2,638 per tonne, copper is off 0.1% at $5,696 per tonne, while the rest are up between 0.1% to 0.2%.

May 25, 2017
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By Generic people page

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METALS MORNING VIEW 24/05: China’s debt downgrade weighs on metals’ prices

Base metals prices are weaker this morning, Wednesday May 24, with prices down an average of 1.1% on the London Metal Exchange, as Moody’s Investors Services has cut China’s debt rating to A1 from Aa3 – the first cut since 1989.

May 24, 2017
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By Generic people page

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WORLD MAGNESIUM CONF: QingHai SaltLake starts Mg production at its 100,000-tpy facility

China’s QingHai SaltLake Industry Co Ltd has begun producing magnesium at its recently constructed 100,000-tpy facility, the company’s chief geologist and vice director of R&D Wang Shijun told participants at the 74th annual World Magnesium Conference in Singapore on Monday May 22.

May 23, 2017
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By Shivani Singh

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METAL MORNING VIEW 23/05: Metals prices consolidate, flash PMI data may provide direction

Base metals prices on the London Metal Exchange are treading water this morning, Tuesday May 23, with prices down an average of 0.2%.

May 23, 2017
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By Generic people page

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GLOBAL FERRO-SILICON WRAP: Thin inventories bolster US prices; EU prices threatened by steelmaking cuts

The US ferro-silicon market continues to make up ground on global pricing, while European prices have taken a step back amid expectations of waning demand from end-users.

May 22, 2017
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By Generic people page

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GLOBAL CHROME WRAP: Prices drop across all regions as steel market remains weak

Ferro-chrome and chrome ore prices weakened in all global regions as consumer interest and spot activity became increasingly scarce due to weak steel markets.

May 22, 2017
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By Generic people page

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GLOBAL MANGANESE WRAP: Manganese ore prices surge; alloys supported globally

Strength remained in the global manganese ore and alloy markets last week, with ore prices gaining almost 5% week-on-week.

May 22, 2017
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By Generic people page

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GLOBAL ANTIMONY WRAP: Prices in China stable; European prices continue to consolidate

The consolidation in antimony prices continued in Europe last week with prices for standard grade II coming off slightly while prices in China remained stable.

May 22, 2017
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By Anna Xu

Insights
METALS MORNING VIEW 22/05: Metals consolidate Friday’s gains, but look well placed

The base metals on the London Metal Exchange are consolidating this morning, Monday May 22, with prices down an average of 0.7%, although that is skewed by a 3% decline in three-month nickel prices to $9,085 per tonne. The rest are down an average of 0.4%, except tin prices which are little changed.

May 22, 2017
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By Generic people page

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Top stories across markets

China soybean crush plunges to 6-mth low, stocks jump

China’s weekly soybean crush volume slumped to its lowest level since early April as operation rates dropped sharply amid an…

October 15, 2020

By: Johnny Huang

MORNING VIEW: Base metals, broader prices mixed on cooling market sentiment

Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.

October 15, 2020

By: William Adams

Russia’s Vyborg Cellulose starts WTK production

Vyborg Cellulose, a Russian producer of unbleached kraft pulp and containerboard which went bankrupt at the end of 2018, started white-top kraftliner (WTK) production in September, market sources confirmed to PPI Europe. The company is now under the management of Russia’s Segezha Group.Vyborg began trial production at the end of Q3 and manufactured 500 tonnes […]

October 15, 2020

US hot-rolled coil index steady near $650/t; supply outlook murky

Hot-rolled coil prices in the United States held mostly steady day on day, with some sources indicating that prices are on an uptrend while others were split on mill availability and lead times.

October 15, 2020

By: Elizabeth Ramanand

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