The UK light iron scrap market was steady this week although market sentiment soured slightly, suggesting that prices will fall next week if downward pressure from the worsening Turkish market is sustained, market sources told Metal Bulletin this week....Read More
Turkish steel producers returned to the deep-sea scrap markets as prices fell on Friday July 20....Read More
Due to an editor error, the base metals arbitrage for copper, aluminium, zinc and nickel for July 19 was published in the Metal Bulletin price book on Friday July 20, one day later than scheduled....Read More
Comex copper prices bounced back in early trading on Friday July 20 after Thursday's heavy sell-off after the dollar eased overnight....Read More
Seaborne iron ore trading slowed down on Friday July 20 amid softer prices....Read More
Base metal stocks at Shanghai Futures Exchange-approved warehouses were broadly lower week on week on Friday July 20, with nickel stocks falling for the 26th consecutive week. ...Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday July 20*...Read More
Weakness persists in the seaborne coking coal spot market, though more firm offers have emerged. ...Read More
China's HRC market softened on Friday July 20 amid weak demand, with producers said to be highly likely to lower their export prices amid a depreciation of the yuan, sources said....Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
The following Metal Bulletin minor metals prices changed on Friday July 20:...Read More
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Friday July 20. Gains were ranged between 0.2% for aluminium and lead and 1.1% for nickel, with copper up by 0.8% at $6,104 per tonne.Volume has been above average with 11,002 lots traded across the complex as at 7.47am London time. This follows an extremely weak performance...Read More
Participants in the Europe stainless steel market are processing the safeguarding measures that were announced by the European Commission (EC) on Wednesday July 18....Read More
The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday July 20:...Read More
Metal Bulletin is proposing to change its weekly price assessment for Rotterdam export HMS 1&2 (70:30 mix) to Rotterdam export HMS 1&2 (75:25 mix).HMS 1&2 (70:30) scrap is no longer being exported out of Rotterdam and has been replaced by HMS 1&2 (75:25) scrap.The proposed specification:Assessment: Ferrous scrap Rotterdam export HMS 1&2 (75:25 mix) $ per tonne fob Rotterdam Dimensions: 18x36 inche...Read More
Import prices for flat steel in South America declined this week with lower offers being reported and buyers pushing for price reductions....Read More
Import prices for flat steel in South America declined this week with lower offers being reported and buyers pushing for price reductions....Read More
(Kitco News) - A staggering diamond discovery hidden deep below the Earth’s surface could potentially make the precious stones common. But, the only problem is technology that could get them out does not yet exist.The Massachusetts Institute of Technology’s (MIT) team made the finding using seismic data or more simply put — sound waves.What they discovered was 1,000,000,000,000,0...Read More
Tips for Copper Today – Copper BUY Call c19 given at price 411.50 CMP 414.50 Near to 1st Target 415. Low risk taker book 3.5 Points / Rs 3500 per lotTIPS ID c19 : Today Copper Hold Call - BUY Copper at CMP 411.50 Add more at price 409.20 for Target 415 - 416.50 with SL below price 407.90 Read More
Nickel Today – Nickel BUY Call c1e given at price 917 CMP 926 Achieved 1st Target 927. CMP 927. Total profit of 10 Points per lot profitc1e : Nickel Trading Tips - BUY Nickel at CMP 917 for Target 927 - 935 with SL below price 906 Read More