Asia coking coal prices continued to rise on Thursday December 7, with spot market participants pricing in the potential impact of tropical cyclone Jasper on Australian supplies and sentiment, sources told Fastmarkets.
07 December 2023
Paul Lim, Olivia Zhang, Bella Cheng
Seaborne iron ore prices edged up on Thursday, December 7, amid positive market sentiment and elevated crude steel output, sources told Fastmarkets.
07 December 2023
Alice Li
Base metal prices on the London Metal Exchange remained mixed across the complex on the morning of Thursday December 7, following disappointing economic data from China.
07 December 2023
Carrie Bone
Chinese hot-rolled coil prices extended their gains, hitting a four-month high on Thursday December 7, thanks to the sustained support from raw materials costs and the resurgence of expectations for big stimulus measures, sources told Fastmarkets.
07 December 2023
Zihuan Pan
China’s domestic rebar prices remained on an uptrend on Thursday December 7 due to the higher prices for raw materials and positive steel export data released on the same day, sources said.
07 December 2023
Jessica Zong
China’s domestic stainless steel prices dropped sharply over the week ended Wednesday December 6 and set a new year-to-date low, which attracted buying interest, sources told Fastmarkets.
07 December 2023
Jessica Zong
Base metal prices on the Shanghai Futures Exchange (SHFE) movements were broadly down across the board during the morning trading session on Thursday December 7, with tin the sole metal to record an increase.
07 December 2023
Chay Chye Leng
Base metal prices on the London Metal Exchange were mixed across the complex at the 5pm close on Wednesday December 6.
06 December 2023
Laura Roberts
Seaborne iron ore prices rose on Wednesday December 6 in line with futures and swap prices, demand for seaborne cargoes increasing on restocking demand, and slightly improved import arbitrage, sources told Fastmarkets.
06 December 2023
Shu Yi Zheng
Most Asian coking coal prices rose on Wednesday December 6 amid strong purchasing interest on the globalCOAL trading platform, market sources told Fastmarkets.
06 December 2023
Paul Lim, Olivia Zhang, Bella Cheng