Houston, 10 March (Argus) — Al: Scrap drifts lower in EU, Asia Prices of European and Asian aluminium scrap were mainly lower in the latest week as buyers sought to bid prices down to defend their margins amid short scrap supply in Europe and weak ingot sales in Asia.London, 9 January (Argus) — Turkish mills halted the initial talks on end of January shipments with deep-sea scrap suppliers today because adverse weather conditions in Turkey saw most offices shut by midday.New York, 14 March (Argus) — US high-grade cobalt rallied for a tenth straight week amid persistent supply tightness.Tumbling stock markets across the globe have sent shivers through metals markets amid weak manufacturing figures that raise concerns the Chinese economic slowdown will deepen.Prices for mixed low-copper clips, which are also purchased by rolling m Read more.Houston, 20 March (Argus) — US zinc: Premiums hold as deficit lingers Premiums for US special high-grade zinc ticked higher in the latest week as a strike persisted at a major North American refinery and London Metal Exchange (LME) stockpiles dropped in 12 out of the last 14 days.Houston, 18 January (Argus) — Stainless steel scrap processors raised 316 prices for a second consecutive day Wednesday as many look to build inventories in anticipation of stronger demand and tightness in molybdenum-bearing stainless grades.Houston, 30 December (Argus) — UK and European secondary aluminum alloy prices fell amid weak demand as 2016 drew to a close.
Houston, 19 January (Argus) — Most smelter-grade aluminum scrap prices fell Thursday while secondary alloy prices strengthened on an uptick in demand.Near-term metal availability continued to thin following strong offsho Read more.Houston, 6 February (Argus) — US stainless: Strong demand boosts 316 prices Stainless 316 scrap prices moved higher Monday for a third consecutive day amid strong demand and continuing tightness.Beijing has sent inspectors to Hebei, Henan, Guangxi, Heilongjiang and other provinces to identify and eliminate such capacity, in line with th Read more.Houston, 22 February (Argus) — US copper cathode premiums were weaker in the latest week after remaining flat for five weeks, as spot business was muted and dealers tried to entice consumers.
European blending companies said steel mills remain very busy and are holding prices unchanged from the prior w Read more.New York, 24 January (Argus) — Spot market orders from superalloy producers continued to reduce cobalt metal supplies, pushing up prices.
Adds context, reaction and comments from President Donald Trump Washington, 15 March (Argus) — President Donald Trump has taken the first step toward weakening US fuel-economy standards projected to lift the efficiency of cars and trucks by 40pc by 2025.Houston, 20 March (Argus) — Pennsylvania-based Universal Stainless Alloy Products announced today a base price increase of 5pc for stainless bar products, effective with all new orders entered by March 27.Johannesburg, 26 January (Argus) — Diversified resources group Anglo American has reported lower copper output for the fiscal year to 31 December, but higher production of nickel, manganese and platinum.London, 17 January (Argus) — Ilmenite production at Kwale Mineral Sands in Kenya rose almost 7pc year on year to 116,982t in the December quarter, Australian owner Base Resources said today.Johannesburg, 17 January (Argus) — Australian base metals explorer Red River Resources announces further high grade assays at its Thalanga zinc project in Queensland which is scheduled to start production in the second half of 2017.
Houston, 3 March (Argus) — Secondary aluminum alloy prices rallied for a third week as North American Specialty Aluminum Alloy Contract (Nasaac) prices climbed, limiting lower-priced ingot sales in the open market.Billet premiums also remained unchanged from the prior week with the low number of transactions keeping the Read more.You can trade Natural Gas futures at New York Mercantile Exchange (NYMEX).Johannesburg, 15 March (Argus) — A scoping study confirms the potential for the Flemington scandium-cobalt project in New South Wales to produce high quality scandium oxide, cobalt sulphate and nickel sulphate for up to 45 years.
The new furnace will replace three outdated pusher-type furnaces.Houston, 26 January (Argus) — Stainless steel 304 scrap prices fell in South Korea and Taiwan in the latest week as exchange nickel declined, while 304 scrap remained flat in Europe.
Houston, 15 February (Argus) — Canada-based Teck Resources is expecting to increase zinc output this year while lowering copper production on lower grades at Highland Valley mine in Canada and declining output at a Chilean mine.Houston, 9 February (Argus) — US steel import permit applications rose by 7.4pc in January from a year earlier while finished steel import market share remained flat at 25pc.Spreads were flat at 79-80pc of the Argus midwest transaction price, while outright prices Read more.Houston, 16 March (Argus) — Pennsylvania-based Carpenter Technology Corporation Thursday announced increases in base prices for all specialty stainless, high temperature, electronic and premium alloy steels, effective for all new non-contract orders placed after March 31.Beijing, 16 February (Argus) — Chinese general galvanised steel producers have not restarted production after the lunar new year holidays because of environmental checks and rising prices for the main feedstock, zinc.Beijing, 23 December (Argus) — French Mining group Eramet Comilog has increased its manganese ore export prices for China for January shipment, Chinese importers said.Kennecott produced 156,500t of refined copper last year while its output of mined copper r Read more.
Premier, now known by the name PT Liquidation Corp, Read more.Houston, 17 September (Argus) — US service center shipments of steel products fell by 8.9pc in August from the same month of 2014 while inventories rose.Houston, 8 March (Argus) — The Comex copper price dropped for a third day as Comex and London Metal Exchange warehouse inventories continued to rise.Processor buying prices for single truckloads of 304 scrap soli Read more.Houston, 8 March (Argus) — WTI crude futures fell by more than 5pc today after the US Energy Information Administration (EIA) reported a larger-than-expected build in domestic stockpiles.Washington, 3 February (Argus) — US oil and gas companies are on the verge of winning a years-long fight to scrap a regulation intended to fight corruption by requiring the industry to disclose payments to foreign governments.Houston, 17 January (Argus) — Premiums for copper cathodes fell in Shanghai trade and were flat in Europe in the latest week amid thin, post-holiday trade.The five-year review concerns stainless steel butt-welded pipe fittings that if rem Read more.
Houston, 14 February (Argus) — Mill-grade aluminum scrap spreads were steady Tuesday as many consumers have taken care of February needs and are building inventories for March.London, 19 January (Argus) — Steel prices in China continued to decrease today, as sales volumes dropped before the lunar new year holiday.New York, 16 February (Argus) — Titanium scrap prices were flat in the latest week after three weeks of gains, even as availability remains tight.
Houston, 22 March (Argus) — Portland-based steel manufacturer and recycler Schnitzer Steel forecast a positive operating income in the second quarter of 2017 at its auto and metals recycling segment amid higher sales volumes and prices.Sao Paulo, 10 March (Argus) — London-based tungsten producer W Resources will restart production at its La Parrilla tungsten mine in Spain in the second half of this year following the installation of new crushing equipment.
Johannesburg, 10 February (Argus) — Perth-based lithium developer Galaxy Resources expects to ship its second lithium concentrate delivery to China in late February.The rise may partly be the result of an increase in working days.Perth, 13 January (Argus) — Australian metals explorer Zenith Minerals is to invest in the Burro Creek lithium project in the US state of Arizona after completing due diligence.Freight rates for 30,000t scrap cargoes on Supramax vessels from A Read more.The Argus midwest transaction has also risen to its highest level so far for the new year, increasing by Read more.Houston, 18 January (Argus) — Canadian service center shipments of steel products, excluding structural, rose by 6.2pc in December from a year earlier while inventories rose by 0.4pc. Shipments totaled 290,000net tons (263,000metric tonnes) in December from 273,000nt a year earlier, the Read more.Johannesburg, 27 February (Argus) — Australia-listed Botswana Metals signals potential for lithium, tantalum and tin from soil sampling assays in north-eastern Botswana.Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals.New York, 12 January (Argus) — Suspended production at South African United Manganese of Kalahari (UMK) mines is not expected to immediately impact US manganese alloy markets, according to traders and distributors this week.
Houston, 7 March (Argus) — WTI crude futures fell slightly today as the US Energy Information Administration (EIA) increased its forecasts for domestic production in the next two years.The companies will sign a definitive agreement by 17 May followin Read more.