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ARE ZINC PRICES SOARING?

NEGOTIATOR’S TAKE:  Upwards pressure on Zinc makes it difficult for galvanized steel buyers   |   08.13.16 – Pacific Northwest – Caught between an updraft by dwindling supply and the gravity of slwoing growth in global deman, zinc prices seem to

STEEL MILLS BOOSTING PRICES: COLD-ROLLED COIL HITS A ONE-YEAR HIGH

  NEGOTIATOR’S TAKE:  With cheap imports gone, North American steel makers keep raising prices.   04.18.16 – Trading barely above multiyear lows Steel is being a different animal this year. While metals such as aluminum, copper and nickel are trading

ZINC RISES AS STOCKPILES DROP THE MOST SINCE 2007

  NEGOTIATOR’S TAKE: As zinc rises, expect galvanized steel products to follow suit.   04.11.16 – Largest decline in 8 years Zinc rallied with other industrial metals as inventories in warehouses tracked by the London Metal Exchange declined the most

FERROUS SUPPLY CHAIN REELING AMID UNPRECEDENTED PRICE HIKES IN STEEL, IRON ORE

  NEGOTIATOR’S TAKE: The surge in Chinese steel prices is bound to put pressure on steel prices globally.   03.07.16 – Precipitous climb in prices The ferrous supply chain reeled March 7 amid a precipitous and unprecedented climb in steel

METAL PRICES TO BOTTOM OUT: MOST ANALYSTS HOPEFUL

  NEGOTIATOR’S TAKE: It might be a good time to lock in prices for metal products.   February 2016 – The price collapse stops here When will base metal prices stop falling?  They have been trending lower for months, even

U.S. FLAT-ROLLED STEEL PRICES UNCHANGED

NEGOTIATOR’S TAKE:  Falling steel prices mean opportunities continue to negotiate prices reductions for steel components.   U.S. hot-rolled and cold-rolled steel coil prices were still under pressure on Monday with many anticipating further declines but current levels were unchanged.  Platts

NICKEL TRADING LIKE IT’S 2008

NEGOTIATOR’S TAKE:  Looks like Nickel prices may stay low for a long time to come, making Stainless Steel components more economically viable than in the past.   On the London Metal Exchange (LME), benchmark nickel for three-month delivery is currently

METALS PRICES FOLLOW GOLD’S WAKE IN MULTIYEAR LOWS

NEGOTIATOR’S TAKE: A great time to be calling your metal parts suppliers and negotiating decreases.   China adding to market malaise Prices of major traded-metals have tumbled to multi-year lows as weak Chinese manufacturing data added to the brew of excess

COPPER AT LOWEST SINCE FINANCIAL CRISIS

NEGOTIATOR’S TAKE: Industrial metals are at 6-year lows – a great time to approach suppliers to lower prices. Copper futures dipped below $5,000 a metric ton Tuesday (August 18, 2015) for the first time since the financial crisis, dropping under

Metals up on ECB and Fed news

Metal prices on the London Metal Exchange have significantly increased last week, boosted by measures from the European Central Bank (ECB), infrastructure spending in China and hopes to see U.S. Federal Reserve (Fed) do more. The week started with a new