Survey: SGX swaps settlement price on Apr 23
*Volume is based on one side of the trade. 1 lot = 500 metric tonnes. Minimum Price Fluctuation: $0.01 per dry metric tonne ($5.00/lot) *Settlement prices are for mark-to-market open positions as at 8 p.m. (Singapore time). Settlement prices are summarized in quarterly and yearly basis and they
Apr 24, 2024 13:46
Kyoei Steel holds rebar prices for May
Kyoei Steel, Japan's largest rebar producer, has decided to maintain its domestic rebar prices for May sales, saying it wants to ensure that its price increases to date "penetrate the market".
Apr 24, 2024 12:15
FMG ships 43 mln t iron ore in Jan-Mar, down 6% YoY
Fortescue Metals Group (FMG), the world's fourth-largest iron ore miner, shipped a total of 43.3 million wet tonnes of iron ore over January-March this year, or the third quarter of fiscal year 2024 (July 2023-June 2024), with the volume falling 11% from the previous quarter and down by 6% on
Apr 24, 2024 12:00
DAILY: China's coking coal price hikes slow as sentiment cools
China's coking coal prices continued revising up on April 23 amid relatively active purchases, from end-users. However, coal prices hikes were seen slowing down yesterday alongside a slight cooling in market sentiment, according to market sources.
Apr 24, 2024 11:30
WSA: Global Q1 crude steel output edges up 0.5% YoY
Crude steel production among the 71 countries reporting to the World Steel Association (WSA) posted an uptick of 0.5% on year to reach 469.1 million tonnes in the first quarter of this year, according to the association's release on April 23.
Apr 24, 2024 11:15
FLASH: Brazil sets import quotas for 11 steel products
Brazil's government revealed on Tuesday its decision to enforce import quotas on 11 steel products, alongside the imposition of a 25% tax on imports exceeding the set volume, according to its foreign trade body Gecex/Camex on April 23 local time.
Apr 24, 2024 10:45
DAILY: China's thermal coal market muted, prices stable
China's thermal coal markets at both pitheads and northern ports largely remained muted on April 23, with thickening bearish expectations keeping buyers at bay, Mysteel has found.
Apr 24, 2024 10:35
DAILY: China's rebar price further dips on thin sales
Chinese rebar prices saw further decreases following a lackluster performance in its futures market on April 23, while heavy rains in southern parts of China suppressed downstream demand for construction steel and partly contributed to sluggish trading activities in the spot market yesterday.
Apr 24, 2024 10:30
DAILY: Strong fundamentals bolsters China's met coke market
The trading in China's metallurgical coke market was brisk on April 23 as steelmakers were active in procuring feed coke thanks to their healthier profit margins. The sizzling demand for coke, coupled with coke firms' consistent restriction on production, has strengthened the fundamentals in the cok
Apr 24, 2024 10:25
FLASH: Asmi's world's first production line for 10,000-tonne anode materials has officially started
Recently, Hunan Asmi New Materials Co., Ltd., located in Ningxiang High tech Zone, has officially launched the production line of 10,000 tonne lithium-ion battery anode precursor independently developed. This is the world's first continuous automated production line of 10,000 tonne lithium-ion batte
Apr 24, 2024 10:10
Construction steel prices: Nanjing
MHP seaborne cargo prices: CIF China
Construction steel prices: Shanghai
Nickel matte portside prices: China
Construction steel prices: Hangzhou