The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara...Read More
One of the takeaways from LME Asia Week 2018 last week in Hong Kong was that changes in trading patterns, against the backdrop of rising algorithmic, computer-driven business, have resulted in a marked drop in average transaction sizes. But does this mean that the electronic platform, LME Select, and "one-lot wonders" are the way forward for metal traders and the industry, and that larger business...Read More
Base metals on the London Metal Exchange were mostly lower during morning trading on Wednesday May 23, with tin recording the only positive move despite continued strength in lead and nickel prices. Falling 1.8% over the morning, copper's three-month price has lost most of Tuesday's gains, with the red metal drifting back towards its $6,800 per tonne support level. Despite ongoing volatility in gl...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Three-month base metals prices on the London Metal Exchange were mixed on the morning of Wednesday May 23, with nickel and lead prices down by 0.4% and 1.4% respectively, while copper was off by 0.5% at $6,929 per tonne; aluminium and tin are both up by 0.2% and zinc is up by 0.5%.Volume on the LME has been average with 5,074 lots traded as of 6.56am London time. This follows a diverse performance...Read More
As the cobalt community gathers in Las Vegas for the Cobalt Institute's annual conference, Metal Bulletin takes a look at some of the key topics likely to dominate discussions at this year's event. Where next for cobalt prices? Cobalt prices have dropped from their multi-year highs in recent weeks, and top of the agenda will be where they are heading next. After seven months of steady increase, sp...Read More
A fire at United Stainless Steel Company's (USCO) stainless steel re-rolling mill in Salman Industrial City in Al Hidd, northern Bahrain, early on Tuesday May 22, has halted operations and could result in lost production, market sources told Metal Bulletin on Wednesday May 23.A fire at United Stainless Steel Company's (USCO) stainless steel re-rolling mill in Salman Industrial City in Al Hidd, nor...Read More
The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday May 23:Aluminium scrap Group 1 pure 99% & litho: ?1,425-1,465 per tonne from ?1,420-1,460 Commercial pure cuttings: ?1,180-1,220 per tonne from ?1,170-1,220...Read More
One of the takeaways from LME Asia Week 2018 last week in Hong Kong was that changes in trading patterns, against the backdrop of rising algorithmic, computer-driven business, have resulted in a marked drop in average transaction sizes. But does this mean that the electronic platform, LME Select, and "one-lot wonders" are the way forward for metal traders and the industry, and that larger business...Read More
One of the takeaways from LME Asia Week 2018 last week in Hong Kong was that changes in trading patterns, against the backdrop of rising algorithmic, computer-driven business, have resulted in a marked drop in average transaction sizes. But does this mean that the electronic platform, LME Select, and "one-lot wonders" are the way forward for metal traders and the industry, and that larger business...Read More
One of the takeaways from LME Asia Week 2018 last week in Hong Kong was that changes in trading patterns, against the backdrop of rising algorithmic, computer-driven business, have resulted in a marked drop in average transaction sizes. But does this mean that the electronic platform, LME Select, and "one-lot wonders" are the way forward for metal traders and the industry, and that larger business...Read More
One of the takeaways from LME Asia Week 2018 last week in Hong Kong was that changes in trading patterns, against the backdrop of rising algorithmic, computer-driven business, have resulted in a marked drop in average transaction sizes. But does this mean that the electronic platform, LME Select, and "one-lot wonders" are the way forward for metal traders and the industry, and that larger business...Read More
One of the takeaways from LME Asia Week 2018 last week in Hong Kong was that changes in trading patterns, against the backdrop of rising algorithmic, computer-driven business, have resulted in a marked drop in average transaction sizes. But does this mean that the electronic platform, LME Select, and "one-lot wonders" are the way forward for metal traders and the industry, and that larger business...Read More
One of the takeaways from LME Asia Week 2018 last week in Hong Kong was that changes in trading patterns, against the backdrop of rising algorithmic, computer-driven business, have resulted in a marked drop in average transaction sizes. But does this mean that the electronic platform, LME Select, and "one-lot wonders" are the way forward for metal traders and the industry, and that larger business...Read More
Nickel – Nickel BUY Call 949 given at price 997.30 (Advised SL Below price 989. It Made 988.80) Achieved 1st Target 1004. Profit of 6.7 Points per lot949 : Today Nickel Intraday - BUY Nickel at CMP 997.3 for Target 1004 - 1009 with SL below price 989AFTER POST CONTENT Read More
Mini Lead Mcx – Lead Mini SELL Call 978 given at 167.75 CMP 166.90. Low risk taker book 0.85 x 2 lot = 1.70 Points978 : Mcx Lead Mini Tips - SELL Lead Mini at CMP 167.75 for Target 166.55 - 166 - 165.55 with SL Above price 168.75AFTER POST CONTENT Read More
COPPER COMMODITY OPTIONS TIPSCopper Commodity Options – Copper JUN CE 465 BUY Call 88b, given at price 7.80 Achieved 2nd Target 15. CMP 15. Huge Profit in Copper tipsTIPS ID 88b : MCX Copper Option Call - BUY Copper 27 JUN CE 465 at CMP 7.80 for Target 13.10 - 15.0 with SL below price 3.10AFTER POST CONTENT Read More
TARGET FOR ZINC TODAYTarget for Zinc Today – Zinc Buy call 974 Given today at price 207.85 Achieved 1st 208.85 & 2nd Target 209.45. Total profit of 1.6 x 2 lot = 3.20 Points / Rs 16000974 : Mcx Zinc Call Today - Buy Zinc at CMP 207.85 for Target 208.85 - 209.45 with SL set below price 207AFTER POST CONTENT Read More
Today Zinc Mcx – Zinc BUY Call 974 given at 207.85 Achieved 1st Target 208.85. CMP 209.15. Total profit of 1.3 x 2 lot = 2.6 Points974 : Mcx Zinc Call Today - Buy Zinc at CMP 207.85 for Target 208.85 - 209.45 with SL set below price 207AFTER POST CONTENT Read More
Ever since gold broke below $1,300, exactly a week ago today, pricing has remained in an extremely narrow and defined trading range. The relationship between the daily open and closing price has diminished to just a couple of dollars each day. Although prices have dipped below a critical support level (0.618 % retracement) at $1,288, gold has effectively closed above that price point on all occasi...Read More