Brazilian flat steel and iron ore producer Usiminas has appointed Carlos H?(C)ctor Rezzonico chief executive officer of its 70%-owned mining subsidiary, Minera????o Usiminas, it announced on Wednesday July 18....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. ...Read More
Physical iron ore prices strengthened on Thursday July 19 amid gains in China's steel market....Read More
Chinese buyers in the seaborne coking coal spot market remained inactive on Thursday July 19 amid anticipations for prices to bottom out. ...Read More
China's ferrous futures trended upward during morning trading on Thursday July 19, with the coking coal and coke contracts ending the session particularly higher, though prices in the Chinese physical market showed a mixed trend....Read More
China's hot-rolled coil prices rebounded on Thursday July 19 to snap a two-day decline after investor sentiment was lifted by news of the central bank's measures to boost liquidity, while output cuts in northern China also added fuel to the fire....Read More
Three-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Thursday July 19. Losses were ranged between a 0.1% drop for aluminium and a 2% fall for zinc. The three-month copper price was down by 0.8% at $6,129 per tonne.Volume has been above average with 9,737 lots traded across the complex as at 7.22am London time.This follows a ge...Read More
Import prices for stainless steel in East Asia were largely unchanged over the past week with buyers continuing to hold back, although a few participants have a bearish outlook amid a softening nickel market and possible supply increases....Read More
Domestic stainless steel prices in China picked up some upward momentum over the past week on a slight improvement in demand. ...Read More
Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More
Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More
Algeria's steel billet import market is set for dramatic changes in the next couple of years, largely as a result of the country's fast-growing local steel industry.The country's steelmaking capacity is expected to grow by around 7 million tonnes by the end of 2020, which will lead to significant reduction in, if not the total elimination of, billet imports, sources told M...Read More
Target for Nickel – Nickel BUY Call c00 given at price 912.75 (915.50+910) Achieved 2nd Target 929. Made CMP 934. Total profit of 16.25 x 2 lot = 32.50 PointsTIPS ID c00 : Nickel Intraday Today - Buy Mcx Nickel Jul at CMP 915.50 Add more at price 910 for Target 924 - 929 with SL below price 905 Read More
Lead Call – Lead BUY Call e0b given at price 148 CMP 148.60.. Low risk trader book 0.60 Points per lot at CMPe0b :Lead - Buy Lead at CMP 148 for Target 148.70 - 149.50 with SL below price 147.10 Read More
Lead – Buy Lead at CMP 148 for Target 148.70 – 149.50 with SL below price 147.10 Read More
Free Zinc Tips – Zinc Buy Call bf7, given at price 175.50 Achieved 2nd Target 177.40. CMP 179. Total profit of 1.9 Points / Rs 9500 per lotTIPS ID bf7 : Mcx Zinc Intraday - BUY Zinc at CMP 175.50 Add more at price 174.60 with SL 174 for Target 176.80 - 177.40 Read More
Today Nickel Target – Nickel Buy Call c00 given at price 912.75 (915.50+910) Achieved 1st Target 924 Made 927 CMP. Total Profit of 11.25 x 2 lot = 22.50 PointsTIPS ID c00 : Nickel Intraday Today - Buy Mcx Nickel Jul at CMP 915.50 Add more at price 910 for Target 924 - 929 with SL below price 905 Read More
Although gold futures are trading slightly higher, today’s trading activity is highlighted by the fact that gold traded to a lower low and a lower high than yesterday. Currently, gold futures (August Comex contract) are trading at $1,227.80, which is a net gain of $0.50 on the day. It is the intraday low that is most noteworthy.Traders took the precious yellow metal to $1,220.90, a new low f...Read More
MCX COPPER TARGET LEVELCopper Target Level – Copper Aug Sell positional call b15, given at price 479.50 Achieved Big Target 440 & 2nd Target 420. Made 415 today. profit of 59.50 Points per lotb15 : Copper Calls - SELL Copper August at CMP 479.50 for Target 440 - 420 with SL Above price 500. Hold and Carry Upto Result Read More
Nickel Intraday Today – Buy Mcx Nickel Jul at CMP 915.50 Add more at price 910 for Target 924 – 929 with SL below price 905 Read More