The latest bids, offers and deals in the global markets for ferrous scrap products. Latest transaction: HMS, shreddedTurkey, import; 13,000-17,000 tonnes...Read More
Seaborne iron ore prices outperformed portside values on Tuesday April 17.Metal Bulletin 62% Fe Iron Ore Index: $64.51 per tonne cfr Qingdao, up by $0.58 per tonneMetal Bulletin 58% Fe Premium Index: $52.22 per tonne cfr Qingdao, up by $0.13 per tonneMetal Bulletin 65% Fe Iron Ore Index: $82 per tonne cfr Qingdao, up by $1 per tonneMetal Bulletin 62% Fe China Port Price Index: 458 yuan per wet ton...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transactions: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara Blend fines, sold at $63.33 per tonne cfr China, laycan May 3-12.Rio Tinto,...Read More
The seaborne coking coal market continues to weaken slowly but surely on Tuesday April 17, with lower offers made failing to generate much interest. At one point, a cargo of premium low-vol hard coking coal was offered at $190 per tonne cfr China but it was later retracted by the seller due to a lack of interest, sources told Metal Bulletin. A 135,000-tonne shipment of semi-hard coking coal was so...Read More
Domestic prices for ferrous scrap in Italy decreased this month after the price jump in March, sources told Metal Bulletin.In March, scrap prices increased ?,?30 ($37) per tonne month on month, yet the market has changed direction.Metal Bulletin's monthly price assessment for domestic grade E3 scrap in Italy was ?,?285-300 ($352-371) per tonne delivered in April, compared with ?,?290-310 per tonne...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday April 17*Copper -$107.39 (-675.63 yuan) Aluminium -$634.93 (-3,994.46 yuan) Zinc -$66.77 (-420.07 yuan) Nickel -$971.50 (-6,111.88 yuan) *The physical arbitrage numbers...Read More
China's hot-rolled coil prices edged up on Tuesday April 17 amid a strengthening of the paper market, particularly in the morning trading session.DomesticEastern China (Shanghai): 3,940-3,980 yuan ($627-634) per tonne, narrowed upward by 10 yuan per tonneNorthern China (Tianjin): 3,880-3,900 yuan per tonne, up 10 yuan per tonne In Shanghai, spot cargoes were traded at the higher end of range in th...Read More
The aluminium market has got an awful lot going for it as the stand-out metal on the London Metal Exchange, both in terms of price performance, at a six-year high near $2,370 per tonne, and record electronic outright turnovers which have been seen in excess of 30,000 lots daily. This scenario, based on a compelling and previously unpredicted perfect storm of supply-demand fundamentals, global trad...Read More
Antimony prices in Europe continued to edge lower last week amid increasing availability of stocks in Rotterdam, while Chinese prices fell on dull downstream demand and expectations of increased concentrate supplies. Metal Bulletin assessed the MMTA standard grade II antimony in-warehouse Rotterdam price at $8,400-8,550 per tonne on Friday, unchanged from Wednesday's assessment, when prices h...Read More
Base metals prices had a strong start to the trading week after a solid close on Monday April 16. Two metals dominated the headlines yesterday: the London Metal Exchange's three-month aluminium price continued its vertical surge, while nickel closed above $14,000 per tonne amid growing concerns that the United States could implement additional sanctions on Russia. But overnight news suggests that...Read More
Vietnam's ferrous scrap imports increased 14.4% to 423,214 tonnes in March 2018, up from 370,069 tonnes in the same period last year.Japan was the largest supplier of ferrous scrap, sending 126,695 tonnes in March, up from 113,251 tonnes sent in March last year.The United States was the second-largest supplier, sending 102,307 tonnes, up from 73,159 tonnes sent in March 2017. Vietnamese...Read More
The aluminium market has got an awful lot going for it as the stand-out metal on the London Metal Exchange, both in terms of price performance, at a six-year high near $2,370 per tonne, and record electronic outright turnovers which have been seen in excess of 30,000 lots daily. This scenario, based on a compelling and previously unpredicted perfect storm of supply-demand fundamentals, global trad...Read More
Tips for Aluminium – SELL Aluminium at CMP 156.65 for Target 155.50 – 155 with SL Above price 157.65AFTER POST CONTENT Read More
(Kitco News) - The recent positive gold price action has been restrained by a hawkish Federal Reserve outlook, said TD Securities in a report.“International tensions, a somewhat weaker USD and volatility in equities have taken gold as high as $1,365/oz this week. But, the yellow metal has yet to emerge from a tight trading range in the face of several expected increases in the Fed Funds rate...Read More
Lead Target Tips – Lead BUY Carry Call 5e5 given at price 151.60 Achieved 1st 152.70 & 2nd 153.70 Target. CMP 155.50. Total profit of 2.10 x 2 lot = 4.20 Points5e5 : Lead Carry Call - Buy Lead at CMP 151.60 for Target 152.70 - 153.70 with SL below price 150.40. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Aluminium Tips – Aluminium SELL Call 5de given at price 152.75 Triggered SL at price 154. Total 1.25 Points SL hit in Aluminium5de : Today Aluminium Tips - Only High Risk taker sell Aluminium at CMP 152.75 for Target 151.80 - 151 with SL Above price 154AFTER POST CONTENT Read More
Copper Commodity Call – Copper Mcx BUY Call 5d1 given at price 443.60 Achieved 1st 446.80 & 2nd Target 448 (CMP 450) Total Profit of 4.40 x 2 lot = 8.80 Points5d1 : Copper Carry Tips - BUY Copper Commodity at CMP 443.60 for Target 446.80 - 448 with SL below price 440.50. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Gold futures are trading fractionally higher today, with the most active June 2018 Comex contract currently fixed at $1,348.60, a net gain of $0.70 on the day. Spot gold is currently trading up $0.20 on the day and fixed at $1345.60.According to the KGX (Kitco Gold Index), it is dollar weakness that is 100% accountable for today’s fractional price increase. Gold has gained five dollars in va...Read More
Today Lead – Lead buy carry call 5e5 given at price 151.60 CMP 152.75 Achieved 1st Target 152.70. Total profit made 1.10 x 2 lot = 2.20 Points5e5 : Lead Carry Call - Buy Lead at CMP 151.60 for Target 152.70 - 153.70 with SL below price 150.40. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
(Reuters) - The United States and Britain on Monday warned of a global cyber attack targeting routers and other networking equipment, blaming Russian government-backed hackers for the campaign on government agencies, businesses and critical infrastructure operators.Washington and London issued a joint alert, saying the widespread, global campaign began in 2015 and could be escalated to launch offe...Read More