Few transactions are expected this week in between the holidays.Johannesburg, 16 February (Argus) — Southern hemisphere-focused metals and minerals group South32 expects to marginally increase its Australian manganese ore output in its 2017 and 2018 fiscal years, but uncertainty remains about output volumes at its lower grade South African operations Read more.Houston, 14 March (Argus) — US spreads for mill-grade mixed low-copper clips and painted siding weakened Tuesday, after multiple mills completed purchasing for March purchasing and some ventured into securing supply for April.
Market bulls believe that the prevailing copper prices do not reflect current events on the supply side.Houston, 14 March (Argus) — US service center shipments of steel products fell by 1.7pc in February from a year earlier.London, 16 March (Argus) — Export sales of Russian and Ukrainian basic pig iron (BPI) have all but ground to a halt, with extremely low supply continuing to keep offer levels far higher than scrap, compelling several buyers to turn to alternative lower-priced metallic products instead of Read more.
Johannesburg, 27 February (Argus) — Lithium developers Lithium Australia and Lepidico have settled their legal dispute which was announced on 4 November last year.London, 27 February (Argus) — Chinese domestic steel prices rose in the past two days, buoyed by expectations of production cuts in Hebei province in the first half of March, with Shanghai hot-rolled coil (HRC) values registering the sharpest gains.Houston, 5 January (Argus) — US steel imports dropped by 15pc in 2016 from a year earlier, driven lower by falling imports from South Korea, Turkey and Japan.Beijing, 18 January (Argus) — Chinese private-sector Xiaxian Guangju Magnesium, in Xia county in Shanxi province, has cut production because of environmental inspections.Houston, 14 March (Argus) — The Comex copper price gained ground for a third day on Tuesday, after reversing early losses, amid ongoing outages at three major mines and uncertainty as a Federal Reserve policy meeting got underway.Houston, 6 March (Argus) — US special high grade zinc premiums held unchanged in the latest week as a strike persists and exchange stockpiles remain low.Nickel premiums for full truckload melting grade, 4x4inch cathodes were assessed at 20- Read more.Prices for crude oil, crude oil products and natural gas futures constantly change in response to new information and reflect the adjustments being made to.
Output in the latest week ended 24 December decreased to 1.64mn net tons (1.49metric tonnes) from 1.69mn nt a week earlier, according to the American Read more.Johannesburg, 23 February (Argus) — World number two platinum producer Impala Platinum said it expects the challenges and uncertainties confronting the southern African platinum group metals industry to remain significant and to continue to constrain primary metal supply.Houston, 2 March (Argus) — Ferritic stainless scrap was unchanged Thursday as many await the monthly ferrous scrap settlements expected in the next several days.Analyse Oil with indicators, trend lines and various price displays.Houston, 9 March (Argus) — Premiums for full-plate nickel cathodes were unchanged in the latest week amid steady European demand and tight supply of high grade material.Houston, 9 February (Argus) — Delaware-based chemical and titanium dioxide producer Chemours has raised its March prices for all titanium dioxide grades.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.Houston, 16 February (Argus) — Stainless: EU, Asia prices up with LME Stainless steel 304 scrap prices increased in Europe and Asia in the latest week on a combination of higher exchange nickel pricing, solid steel mill demand and signs of tightening in scrap supply.
Since the start of the year prices have risen for all titanium units, from minerals to crude spo Read more.A 10pc production cut is equal to more than 2,000t of uranium or mo Read more.NYMEX Futures Prices (Crude Oil in Dollars per Barrel, All Others in Dollars per Gallon).New York, 2 February (Argus) — Pennsylvania-based specialty metals producer Carpenter Technology shipped 6.4pc fewer alloys and engineered products in its second fiscal quarter ending 31 December from a year earlier.
London, 27 February (Argus) — Australian titanium miner Iluka Resources is focusing its cash resources on growth projects after posting a loss in 2016 while keeping its idled mature production assets offline.A majority of the bulk alloys assessed were unchanged this week due to consumers relying on long-term Read more.Coal shippers will be delayed by a lengthy closure of the Markland locks and dam near Warsaw, Kentuck Read more.London, 29 December (Argus) — The vanadium pentoxide market made strong gains this year that could continue in early 2017, as production cuts have tightened supply internationally.Rare earth oxide and metal prices were mostly stable in January, as producers and consumers kept to the sidelines ahead of the public holidays.Houston, 10 January (Argus) — Combined imports of ferrous scrap and pig iron into the US southeast fell by 15.6pc in November from a year earlier on weak imports of pig iron from Russia and South Africa.London, 29 December (Argus) — Manganese alloys markets are unchanged amid year-end holidays, extending a steady trend from before the week before Christmas with most dealers away until early January.
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.Houston, 25 January (Argus) — Bare bright spreads were flat Wednesday as dealers continue to find it hard to sell to overbought consumers.New York, 28 February (Argus) — US silicon: Outlook improving Silicon metal prices were flat for a sixth week, but more inquiries from cast aluminum alloy producers are signaling silicon prices may move higher in coming weeks.
Houston, 13 March (Argus) — The Comex copper price rose Monday as disruptions at three mines supported higher copper prices for a second trading day.Houston, 2 February (Argus) — Premiums for 4x4inch cut nickel cathodes fell in Europe on increased supply while premiums for full-plate cathodes were unchanged amid weak business.London, 20 January (Argus) — European prices for ferro-titanium have started rising in response to renewed spot market buying and tighter supply, after falling to a seven-year low in July-December.
Houston, 26 January (Argus) — Comex copper prices fell Thursday on profit-taking in thin trade ahead of the weekend and lunar new year holidays after copper reached a 19-month high.Houston, 8 March (Argus) — The midwest premium for primary aluminum held unchanged this week despite expectations of a fall in the near term amid a lack of spot demand.Houston, 19 July (Argus) — US iron and steel scrap consumption fell by 3.5pc in April from a year earlier, amid increased use of pig iron and direct reduced iron (DRI).Houston, 17 February (Argus) — The US exported 13pc less aluminum scrap in 2016 than a year earlier, led by a sharp drop in used aluminum beverage can (UBC) exports.US copper exports rose to 82,295t for the month from 80,675t a year earlier, according to US Commerce Department Read more.Johannesburg, 20 March (Argus) — Tanzania-focused rare earths developer Peak Resources receives an Environmental Certificate from the government for its Ngualla rare earths project which is a pre-requisite for the granting of a mining licence.
Houston, 1 March (Argus) — US imports of aluminum remelt scrap ingot (RSI) jumped by 107pc in 2016, as South Korea shipments soared by ten-fold.Beijing, 5 January (Argus) — Around 30pc of Chinese general galvanised steel plants in Tianjin, Hebei and Guangdong provinces have suspended production because of environmental protection checks.