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Manganese flake rallies on virus fears; Europe traders seize momentum

A mixture of fears over supply disruptions amid the Wuhan coronavirus outbreak and low stocks in Rotterdam are giving European traders enough leverage to increase their offers substantially, which has already an effect on prices.

January 30, 2020
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By Generic people page

Insights
FOCUS: Virus jitters will affect China’s steel exports, sources say

The Wuhan coronavirus will likely influence fundamentals in China’s steel market and Chinese export trends in the near future, sources told Fastmarkets this week.

January 30, 2020
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By Generic people page

Insights
HOTTER ON METALS: Coronavirus adds to global growth challenges

Trade disputes and geopolitical uncertainties had already made the prospects for global economic growth uncertain. A coronavirus has now added to the challenges facing financial markets.

January 30, 2020
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By Andrea Hotter

Insights
APEX Q4 2019: SP Angel team tops base metals prediction leaderboard

John Meyer, Sergey Raevskiy and Simon Beardsmore of SP Angel clinched the top spot on the base metals leaderboard for the Apex fourth-quarter 2019 predictions, with an accuracy rating of 99.29%, while Rhona O’Connell of INTL FC Stone came top for precious metals with a rating of 99.26%.

January 30, 2020
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By Amy Hinton

Insights
BREAKING: China offering force majeure certs for coronavirus-hit businesses

The China Council for the Promotion of International Trade is offering "force majeure certificates" to businesses in China affected by the outbreak of the Wuhan novel coronavirus.

January 30, 2020
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By Generic people page

Insights
IN CASE YOU MISSED IT: 5 key stories from January 29

Here are five Fastmarkets MB stories you might have missed on Wednesday January 29 that are worth another look.

January 30, 2020
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By Generic people page

Insights
FOCUS: Wuhan virus likely to dent Q2 demand for steel, iron ore in Asia

Sentiment in the seaborne iron ore and Asian steel markets have deteriorated amid a rapid spread of the 2019-nCoV – or Wuhan novel coronavirus – in China, which appears to have intensified in the last week.

January 29, 2020
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By Generic people page

Insights
FOCUS: China’s virus lockdown puts copper sellers, smelters in logistical bind

The outbreak of a coronavirus has led to the prolonged closure of Chinese businesses, triggering delays in logistical operations with copper market participants looking to ship cathodes and concentrates into the country.

January 29, 2020
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By Generic people page

Insights
Lithium juniors still see appetite among investors despite depressed prices, cost overruns

The low price of lithium and cost overruns on junior projects have made investors cautious about the sector, creating doubt about whether lithium juniors will be able to access capital and ensure a supply of lithium in the years ahead.

January 29, 2020
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By Generic people page

Insights
PRICING NOTICE: Friday Jan 31 China-focused minor metals, ores & alloys content and pricing

Due to the enforced extension of China's Lunar New Year holidays, Fastmarkets will roll over the following minor metals, ores and alloys price assessments on Friday January 31.

January 29, 2020
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By Generic people page

Insights

Top stories across markets

Recovery in steel demand boosts Turkish deep-sea scrap imports

Turkish steel mills resumed their deep-sea steel scrap bookings after a recovery in steel sales in the country’s domestic and export markets, sources said on Thursday May 26

May 26, 2022

By: Cem Turken

Fastmarkets to launch cif China bauxite price, discontinue fob Guinea, extend fob Brazil consultation

Following the conclusion of a one-month consultation, Fastmarkets will launch an assessment of the price for bauxite, cif China, $ per dmt, will discontinue its existing bauxite fob Guinea price assessment, and will extend the consultation on its fob Brazil price assessment regarding alignment of new specifications.

May 26, 2022

By: Carrie Bone

US Steel Scrap May 2022 Analysis

US domestic obsolete scrap prices have continued to be firm on a historical basis but fell below our expectations this month. And the differential between shredded and HMS scrap remains at its widest on record

May 26, 2022

By: Alexander Kershaw

Energy key to green steel targets: steel leaders

Steel industry leaders in the United States announced at a press conference on Tuesday, May 17, that renewable energy sources hold the key to bringing already-green electric-arc furnaces (EAFs) to carbon neutrality

May 26, 2022

By: Abby Verret

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