Key data from the Wednesday July 25 pricing session in Shanghai....Read More
German metals distributor Kl??ckner expects its 2018 earnings to be supported by higher demand and steel prices in both Europe and the United States, the company's two main markets, it said on July 24.As an example, Metal Bulletin's weekly price assessment for domestic hot-rolled coil (HRC) in Northern Europe has averaged at ?,?559.17 ($653.57) per tonne ex-works in the second quarter 2018, alread...Read More
Deal activity in the metals sector was lower in the second quarter due to heightened trade conflicts in North America, Asia, and Europe, according to a report by consultancy PwC. The value of mergers and acquisitions (M&A) in metals slumped by 51% in the period to $8.1 billion, although it was still up 69% compared to the year-earlier period. Most of the highest value deals in 2018 so far have bee...Read More
Brazilian crude steel production increased by 10.2% year on year in June, according to figures released by national steel association A??o Brasil on Wednesday July 25. Output totaled 2.92 million tonnes in June, up from 2.65 million tonnes a year before. In the same comparison, finished steel output grew by 4.6% to 1.88 million tonnes, from 1.80 million tonnes. Production of flat steel products to...Read More
German metals distributor Kl??ckner expects its 2018 earnings to be supported by higher demand and steel prices in both Europe and the United States, the company's two main markets, it said on July 24.As an example, Metal Bulletin's weekly price assessment for domestic hot-rolled coil (HRC) in Northern Europe has averaged at ?,?559.17 ($653.57) per tonne ex-works in the second quarter 2018, alread...Read More
Aluminium Tips – BUY Aluminium Aug at CMP 141.50 for Target 142.20 – 142.90 with SL below price 140.40 (HOLD IT) Read More
(Kitco News) - Coeur Mining, Inc. (NYSE: CDE) reversed to a profit in the second quarter on higher output, the company announced Wednesday.Net income came in at $2.9 million, or 2 cents per share, compared to a loss of $10 million, or 6 cents, in the second quarter of 2017. Adjusted net income from April through June was $1.1 million, or a penny per share, a turnaround from an adjusted loss of $1....Read More
(Kitco News) - Agnico Eagle Mines Ltd. (NYSE, TSX: AEM) late Wednesday reported a decline in its second-quarter profit but increased its production guidance for full-year 2018.Net income fell to $5 million, or 2 cents per share, from $54.9 million, or 24 cents, in the second quarter of 2017.The company listed a slew of special items, including a realized gain on asset disposals of $25 million, non...Read More
Today Nickel Call – Buy nickel at Cmp 940 for Target 948 – 954 with SL below price 928 Read More
(Kitco News) - Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported a net loss in the second quarter that was largely the result of a non-cash foreign-exchange loss, although output also fell from a year ago.The mining giant reported a net loss of $131 million, or 15 cents a share, compared to a profit of $135 million, or 16 cents, in the second quarter of 2017.The company listed a non-cash fo...Read More
At least for today, it seems the pendulum is swinging into bullish territory in regards to gold pricing. Recent declines in gold pricing have been based on two primary factors. First, dollar strength has weighed heavily on gold pricing. Secondly, traders have added selling pressure to the equation.This is the opposite of what traders witnessed today as a combination of dollar weakness and buying p...Read More
(Kitco News) - Barrick Gold Corp. (NYSE, TSX: ABX) late Wednesday reported a decline in its second-quarter adjusted earnings as output fell from a year ago mainly due to planned maintenance, which contributed to higher per-ounce costs although the price of the metal itself rose.Adjusted earnings came in at $81 million, or 7 cents per share, compared to $261 million, or 22 cents, in the same quarte...Read More
Free Zinc Call – Zinc Buy Call c89, given at price 180.40 Achieved 2nd Target 182. CMP Made 182.20 high. Total profit of 1.8 Points per lotCALL ID c89 : Zinc Calls - Buy ZInc at CMP 180.40 for Target 181.40 - 182 with SL belwo price 179.30 Read More
Free Zinc Mini Call – Zinc Mini Buy Call c90 given at price 180.80 Achieved 1st Target 181.80. CMP Made high 182.1. Total 1.1 Points per lot profitTIPS ID c90 :Mcx Zinc Mini Call - BUY Zinc Mini JUL at CMP 180.80 for Target 181.80 - 182.60 with SL below price 179.60 Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
Mcx Zinc Mini Call – BUY Zinc Mini JUL at CMP 180.80 for Target 181.80 – 182.60 with SL below price 179.60 Read More
Copper Trading – BUY COpper at CMP 429.20 for Target Target Tomorrow 431.50 – 432.60 with SL 427 Read More
Today Lead Trading – Lead Mcx Sell Call c86 given at price 147.90 Achieved 2nd Target 146.50. CMP 146.50. Total profit of 1.4 Points per lotc86 : Tips for Lead Today - Lead BUY Call c81 given at price 148. CMP 147.90. EXIT Cost to Cost.. SELL Lead at CMP 147.90 for Target 147 - 146.50 with SL Above price 149 Read More
Target for ZINC – Zinc BUY Call c89 given at price 180.40 Achieved 1st Target 181.40. CMP 181.60. Total 1.2 Points per lot profitCALL ID c89 :Zinc Calls - Buy ZInc at CMP 180.40 for Target 181.40 - 182 with SL belwo price 179.30 Read More
Zinc Calls – Buy ZInc at CMP 180.40 for Target 181.40 – 182 with SL belwo price 179.30 Read More