Post-holiday purchases from wire, cable plants lift processing charges of aluminium rod 

In the first post-CNY week ended Feb 15, average processing charges of aluminium rod in Shandong rebounded 70 yuan/mt from pre-holiday

Price Review Forecast

01:14:35PM

Market commentary Aluminium rod Processing fee
Growing manganese capacity in Indonesia to shrink China’s exports there

Indonesia Tsingshan on Feb 13 commissioned its second manganese production line

Smm Insight

12:10:16PM yesterday

Manganese Stainless steel
Tepid purchases, higher stocks lower rebar prices from highs

As of Feb 14, social and in-plant stocks of rebar increased by 4.69 million mt from the last week before CNY, and stood at 11.73 million mt

Price Review Forecast

01:38:07PM Feb 15, 2019

Market commentary Inventory data Rebar
Vale issues likely to buoy iron ore prices in mid to long run

In the short term, however, iron ore futures and spot prices are expected to moderate after prices rose this week

Smm Insight

07:06:34PM Feb 14, 2019

Market commentary Iron ore
Holiday, product shift to lower Feb output of hot-rolled coils

Chinese steelmakers plan to produce a total of 7.97 million mt of hot-rolled sheet coils this month, 6.3% less than a month earlier

Smm Insight

10:54:08AM Feb 14, 2019

Production data Steel HRC Hot-rolled coils Hot-rolled sheet coils
Rebar inventories accumulate in 1st week after CNY

While traders returned, few downstream plants resumed, and this grew deliveries of rebar to warehouses

Data Analysis

01:43:56PM Feb 13, 2019

Inventory data Rebar
Wider losses to lower Yangshan copper import premiums

As of Feb 12, Yangshan copper premiums stood at $60-76/mt for warehouse warrants and $59-74/mt for bill of lading

Smm Insight

11:56:35AM Feb 13, 2019

Market commentary Copper Yangshan copper premiums
Silicon prices remain weak in Jan on sluggish consumption

Cash flow issues across sellers ahead of CNY also accounted for weak prices in silicon

Price Review Forecast

11:32:25AM Feb 13, 2019

Market commentary Silicon
Low inventories, post-holiday demand to shore up copper prices

SHFE copper inventories stood at 142,700 mt as of Feb 1, up 23,000 mt from Jan 25

Smm Insight

08:06:53PM Feb 11, 2019

Market commentary Copper
Ghana Manganese likely to be in negotiation with gov't over suspension

GMC was required to halt its mining operations by Feb 15 to allow for a 'financial and technical audit'

Smm Insight

04:28:32PM Feb 11, 2019

Market commentary Manganese
Post-holiday purchases from wire, cable plants lift processing charges of aluminium rod 

Post-holiday purchases from wire, cable plants lift processing charges of aluminium rod 

In the first post-CNY week ended Feb 15, average processing charges of aluminium rod in Shandong rebounded 70 yuan/mt from pre-holiday

01:14:35PM

Price Review Forecast

Market commentary Aluminium rod Processing fee
Growing manganese capacity in Indonesia to shrink China’s exports there

Growing manganese capacity in Indonesia to shrink China’s exports there

Indonesia Tsingshan on Feb 13 commissioned its second manganese production line

12:10:16PM yesterday

Smm Insight

Manganese Stainless steel
Tepid purchases, higher stocks lower rebar prices from highs

Tepid purchases, higher stocks lower rebar prices from highs

As of Feb 14, social and in-plant stocks of rebar increased by 4.69 million mt from the last week before CNY, and stood at 11.73 million mt

01:38:07PM Feb 15, 2019

Price Review Forecast

Market commentary Inventory data Rebar
Vale issues likely to buoy iron ore prices in mid to long run

Vale issues likely to buoy iron ore prices in mid to long run

In the short term, however, iron ore futures and spot prices are expected to moderate after prices rose this week

07:06:34PM Feb 14, 2019

Smm Insight

Market commentary Iron ore
Holiday, product shift to lower Feb output of hot-rolled coils

Holiday, product shift to lower Feb output of hot-rolled coils

Chinese steelmakers plan to produce a total of 7.97 million mt of hot-rolled sheet coils this month, 6.3% less than a month earlier

10:54:08AM Feb 14, 2019

Smm Insight

Production data Steel HRC Hot-rolled coils Hot-rolled sheet coils
Rebar inventories accumulate in 1st week after CNY

Rebar inventories accumulate in 1st week after CNY

While traders returned, few downstream plants resumed, and this grew deliveries of rebar to warehouses

01:43:56PM Feb 13, 2019

Data Analysis

Inventory data Rebar
Wider losses to lower Yangshan copper import premiums

Wider losses to lower Yangshan copper import premiums

As of Feb 12, Yangshan copper premiums stood at $60-76/mt for warehouse warrants and $59-74/mt for bill of lading

11:56:35AM Feb 13, 2019

Smm Insight

Market commentary Copper Yangshan copper premiums
Silicon prices remain weak in Jan on sluggish consumption

Silicon prices remain weak in Jan on sluggish consumption

Cash flow issues across sellers ahead of CNY also accounted for weak prices in silicon

11:32:25AM Feb 13, 2019

Price Review Forecast

Market commentary Silicon
Low inventories, post-holiday demand to shore up copper prices

Low inventories, post-holiday demand to shore up copper prices

SHFE copper inventories stood at 142,700 mt as of Feb 1, up 23,000 mt from Jan 25

08:06:53PM Feb 11, 2019

Smm Insight

Market commentary Copper
Ghana Manganese likely to be in negotiation with gov't over suspension

Ghana Manganese likely to be in negotiation with gov't over suspension

GMC was required to halt its mining operations by Feb 15 to allow for a 'financial and technical audit'

04:28:32PM Feb 11, 2019

Smm Insight

Market commentary Manganese