Tokyo (Platts)--24 Oct 2016 956 am EDT/1356 GMT
The Platts CIF Japan premium for spot aluminum imports stood at
$65-$70/mt plus London Metal Exchange cash CIF Japan on Monday, flat since
October 4 as deals were reported done in this price range.
Warsaw (Platts)--24 Oct 2016 955 am EDT/1355 GMT
The chief executive of Europe's largest coking coal producer, Poland's
Jastrzebska Spolka Weglowa (JSW), said Monday the current high benchmark price
is a one-off and would not necessarily be reflected in contracts with its
Singapore (Platts)--24 Oct 2016 537 am EDT/937 GMT
India is on the verge of imposing antidumping duties on coke from China
and Australia -- a move that will give domestic coke producers some reprieve
amid surging coal prices, several sources said Monday.
Sao Paulo (Platts)--21 Oct 2016 534 pm EDT/2134 GMT
Brazil's domestic hot-rolled coil prices continued to be stable for the
week ended Friday, despite market chatter about an impending price hike in the
coming weeks, market sources said.
Lima (Platts)--21 Oct 2016 517 pm EDT/2117 GMT
Peruvian poly-metallic producer Minera El Brocal increased copper and
zinc output in the third quarter after ramping up a $473 million expansion of
its concentrator plant, the company said Friday.
London (Platts)--21 Oct 2016 845 am EDT/1245 GMT
Gold exports from Switzerland totaled 149 mt in September, down 9% from
163 mt in August, Swiss federal customs data showed Tuesday.
Sydney (Platts)--21 Oct 2016 841 am EDT/1241 GMT
China's alumina import volumes, which have been relatively low during the
nine months to September, are expected to swell significantly during the
months of October and November, industry sources said.
Tehran (Platts)--21 Oct 2016 842 am EDT/1242 GMT
Demand in Iran's steel billet market is estimated as average, but is
better than the last few weeks, traders said.
Tokyo (Platts)--21 Oct 2016 209 am EDT/609 GMT
Japanese molybdenum traders are continuing to offer material for 2017
supply at discounts to the Platts monthly average prices, as was seen for most
contracts settled for this year, sources said Friday.
Louisville, Kentucky (Platts)--20 Oct 2016 609 pm EDT/2209 GMT
New Day Aluminum, whose parent company is headed by the former senior
management of Wise Metals, was the successful bidder for the remaining
upstream assets of US-based producer Noranda Aluminum.
Pittsburgh (Platts)--20 Oct 2016 607 pm EDT/2207 GMT
Steel Dynamics President and CEO Mark Millett said during the company's
third-quarter earnings call Thursday that US sheet steel pricing had likely
reached its trough for this year, but buyers were skeptical that pricing
would not continue to stair-step down.
London (Platts)--20 Oct 2016 843 am EDT/1243 GMT
The London Metal Exchange's ferrous scrap contract saw 3,800 lots traded
Wednesday, the largest total for a single session since the contract's
inception in the fourth quarter last year, data published by the exchange
London (Platts)--20 Oct 2016 845 am EDT/1245 GMT
The Platts SHG zinc marker was assessed unchanged in October at
$120-$140/mt plus LME cash IW Rotterdam, despite falling premiums in the US,
as market sources noted that recent outages at Nyrstar smelters over Q3 had
tightened short-term supply and lifted premiums.
Sydney (Platts)--20 Oct 2016 843 am EDT/1243 GMT
Australia-listed miner South32 has lowered its production and sales
guidance for its Australian Illawarra Metallurgical Coal operation for fiscal
2016-2017 (July-June) after production rates fell in July-September, the
company said in its quarterly production results Thursday.
Singapore (Platts)--20 Oct 2016 544 am EDT/944 GMT
The Japanese spot import market for Chinese aluminum alloy ADC12 was
lackluster in recent sessions after the yen weakened against the dollar,
Japanese trade and consumer sources said Tuesday.
Pittsburgh (Platts)--19 Oct 2016 555 pm EDT/2155 GMT
The range of hot-rolled steel coil prices available in the US sheet
market broadened and sunken lower in the last week, as some mills have
maintained high offer levels while others have sold significantly cheaper
levels to secure business, market sources said Wednesday.
London (Platts)--19 Oct 2016 1046 am EDT/1446 GMT
China's central bank added 5 mt to its gold reserves in September, the
same volume as in July and August, data released by the People's Bank of China
Liverpool (Platts)--19 Oct 2016 1047 am EDT/1447 GMT
Australian miner Atlas Iron was hit by rising metallurgical coal costs
in its first quarter ended September, according to its latest production
Tehran (Platts)--19 Oct 2016 928 am EDT/1328 GMT
The priority of Mobarakeh Steel Company is to supply material required by
Iran's downstream manufacturers, while export is of secondary importance,
according to Mahmoud Akbari, deputy head of sales at Iran's largest steel
London (Platts)--19 Oct 2016 921 am EDT/1321 GMT
The global copper market recorded a 90,000 mt surplus in January-August,
down from a surplus of 302,000 mt in the whole of 2015, the World Bureau of
Metal Statistics said Wednesday.
Tokyo (Platts)--19 Oct 2016 515 am EDT/915 GMT
The Platts CIF Japan premium for 99.7% aluminum ingot was assessed at
$65-$70/mt plus London Metal Exchange cash CIF Japan Wednesday, unchanged
since October 4.
Louisville, Kentucky (Platts)--18 Oct 2016 525 pm EDT/2125 GMT
At least two bidders, including stalking horse New Day Aluminum LLC, were
still competing late afternoon Tuesday for the right to acquire Noranda
Aluminum's remaining upstream assets, sources confirmed to S&P Global Platts.
Pittsburgh (Platts)--18 Oct 2016 524 pm EDT/2124 GMT
A US East Coast bulk ferrous scrap cargo sold late Monday has helped
establish a floor for domestic US scrap pricing, sources said Tuesday.
Singapore (Platts)--18 Oct 2016 941 am EDT/1341 GMT
Industry and financial experts attending the 2016 LBMA/LPPM Precious
Metals Conference this week debated whether financial and retail investors
would continue to favor gold amid demographic changes in Asia or if another
financial crisis unfolded.
Singapore (Platts)--18 Oct 2016 940 am EDT/1340 GMT
Peabody Energy and Glencore PLC have sealed October-December benchmark
deals in Asia for flagship Australian premium mid-vol coking coal grades at
$200/mt FOB Australia, but other suppliers like Anglo American are still
holding firm, according to sources.
Hong Kong (Platts)--18 Oct 2016 940 am EDT/1340 GMT
Spot treatment charges for imported zinc concentrate paid to Chinese
smelters fell to $80-$90/mt in October, from $90-$100/mt in September,
industry sources said Tuesday.
London (Platts)--18 Oct 2016 512 am EDT/912 GMT
Turkish sheet producers have filed new anti-dumping and countervailing
duty petitions against hot rolled coil imports from China, Russia and Ukraine,
sources told S&P Global Platts.