Base Metal Stocks Articles

NEWS UPDATE Today LME Stock Inventory : 10/04/2018

10/04/2018 1:47 PM / Administrator

Today LME Stock Inventory : 10/04/2018Aluminium -4550 MTCopper -2650 MTNickel -684 MTLead UnchangedTin +10 MTZinc -2050 MTAFTER POST CONTENT Read More

FREE MCX TIPS Copper Calls – BUY Copper at CMP 444.30 Add more if price 443 with SL 441.90 for Target 446.50 – 447.90

10/04/2018 1:38 PM / Vaidik Calls

Copper Calls – BUY Copper at CMP 444.30 Add more if price 443 with SL 441.90 for Target 446.50 – 447.90. Trade 2 lotsAFTER POST CONTENT Read More

Gold Showing Impressive Resilience Despite Rallying U.S. Stock Market

Apr 10 2018 12:48PM / Kitco News

(Kitco News) - Gold prices were modestly up in midday trading Tuesday, despite trader and investor risk appetite being keen early this week, as evidenced by solid rallies in the U.S. stock indexes and other world stock markets. Gold and silver bulls should consider their metals’ performance so far this week as pretty impressive, given little risk aversion in the marketplace, at present. June...Read More

FREE MCX TIPS Mcx Lead Tips – BUY Lead at CMP 155.80 for Target 156.70 – 157.30 with SL below price 154.70

10/04/2018 11:28 AM / Het Commodity

Mcx Lead Tips – BUY Lead at CMP 155.80 for Target 156.70 – 157.30 with SL below price 154.70. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

Kevin O'Leary: Stay Away From Gold Miners, Hold Bullion

Apr 10 2018 10:07AM / Kitco News

(Kitco News) - It's a battle of the Shark Tank stars when it comes to gold. While Mark Cuban sees more value in a holding a “pet rock” than the yellow metal, Kevin O’Leary said it’s a definite part of his portfolio.  It’s a battle of the Shark Tank stars when it comes to gold.While Mark Cuban sees more value in a holding a “pet rock” than the yellow m...Read More

Mcx Zinc Carry Update – Zinc Buy carry call 4ec Advised at price 208.50 Achieved 1st Target 210. CMP 210.40. Total 1.9 x 2 lot = 3.80 Points Profit

10/04/2018 10:06 AM / Dharma Investment

Mcx Zinc Carry Update – Zinc Buy carry call 4ec Advised at price 208.50 Achieved 1st Target 210. CMP 210.40. Total 1.9 x 2 lot = 3.80 Points Profit4ec : Zinc Mcx Carry - Buy Zinc at CMP 208.50 Add more if price 207.50 with SL 206.50 for Target 210 - 211.20. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

RBC's Gero: Gold May Still Benefit From 'Geopolitical Turmoil,' Deficits

Apr 10 2018 9:42AM / Kitco News

Gold is “off the radar of the funds for now” as a rally occurs in stocks, says George Gero, managing director with RBC Wealth Management. However, he adds, gold at some point could still show a reaction to “all the geopolitical turmoil” and “new worries about [a] looming deficit as a result of tax cuts.” The Congressional Budget Office says after Republican...Read More

Gold Prices Holding Gains Following 0.3% Rise In U.S. PPI

Apr 10 2018 8:34AM / Kitco News

(Kitco News) - The gold market is holding its own as U.S. wholesale inflation pressures rose more than expected last month.Tuesday, the U.S. Labor Department said its Producer Price Index (PPI) rose 0.3% in March following an increase of 0.2% in February. According to consensus forecasts, economists were expecting an increase of 0.1%. For the year, producer prices rose 3.0%. Core PPI, which strip...Read More

Newmont: Work On Ahafo Expansion Still Suspended After Fatalities

Apr 10 2018 8:25AM / Kitco News

Newmont Mining Corp. (NYSE: NEM) says the Ahofo mill expansion and all civil surface construction work remain suspended until the company and authorities “are satisfied that work can resume safely.” Six construction contract workers were killed in an accident on Saturday, and an investigation is being led by the Inspectorate Division of Ghana’s Minerals Commission. Newmont...Read More

Gold Remains Range Bound

Apr 10 2018 8:18AM / Kitco Commentary

(Kitco News) - Gold remains caught in a tight trading range, bouncing up against resistance once again at the $1,339 area. The softening of the trade war jargon overnight saw Chinese President Xi Jinping offer a more conciliatory tone by promising to open up the Chinese market. This was offset by concerns over the level of the U.S. response to Syria's use of chemical weapons. Until the response, i...Read More

ASIAN MORNING BRIEF 10/04: LME base metals mostly higher; LME volumes up after sanctions against UC Rusal; Irepas warns of likely steel quotas

April 10, 2018 / Dalton Barker

The latest news and price moves to start the Asian day on Tuesday April 10.Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Monday April 9, with only lead and zinc bucking the trend. Read more in our live futures report.Here is how prices looked at Monday's close:Volume traded on the London Metal Exchange has soared since the United States Treasury...Read More

ASIAN MORNING BRIEF 10/04: LME base metals mostly higher; LME volumes up after sanctions against UC Rusal; Irepas warns of likely steel quotas

April 10, 2018 / Dalton Barker

The latest news and price moves to start the Asian day on Tuesday April 10.Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Monday April 9, with only lead and zinc bucking the trend. Read more in our live futures report.Here is how prices looked at Monday's close:Volume traded on the London Metal Exchange has soared since the United States Treasury...Read More

LIVE FUTURES REPORT 10/04: LME aluminium breaks record trading volume; nickel gains momentum

April 10, 2018 / Hassan Butt

Base metals prices on the London Metal Exchange continued to climb at the close of trading on Tuesday April 10, while aluminium volumes surpassed 37,000 lots traded. Aluminium maintained its upward momentum throughout the day, reaching a high of $2,242 per tonne, the highest since January 29. "Supply fears and uncertainty are the factors driving aluminium prices higher, but such an overreaction ma...Read More

LME suspends putting Rusal metal on-warrant

April 10, 2018 / Alice Mason

The London Metal Exchange has introduced a "temporary conditional suspension" on placing Rusal metal on-warrant, effective from April 17, it said on Tuesday April 10. This follows the announcement on Friday April 6 that the United States has sanctioned and frozen the assets of Oleg Deripaska and UC Rusal. In a notice released to LME members today, the exchange stated that the suspension is in plac...Read More

CESCO: Codelco to maintain copper production in 2018, sell more to Europe

April 10, 2018 / Perrine Faye

Chilean state-owned miner Codelco will maintain its copper output at stable levels this year before a small increase in 2019 and small declines the following two years, new commercial vice president Roberto Ecclefield said. Production from Codelco's wholly-owned mines is expected to be slightly lower at 1.67 million tonnes in 2018 compared with 1.73 million tonnes last year due to declining ore gr...Read More

GLOBAL VANADIUM WRAP: European FeV prices slide on traders profit-taking; V2O5 prices up on supply concerns

April 10, 2018 / Anna Xu

The European ferro-vanadium market retreated last week while traders sold cheaper in order to take profits amid quieting spot demand. European ferro-vanadium market slides while traders take profits European V2O5 prices strengthen on lack of availability US ferro-vanadium market flat lines with market falling dormantSpot prices for European ferro-vanadium slipped to $69-72 per kg on April 6, deliv...Read More

Alumina index hits $470/t while Alunorte force majeure, tightness drag on

April 10, 2018 / Charlotte Radford

Alumina prices have continued to accelerate so far this week, underpinned by tightness caused by disrupted production at Hydro's Alunorte alumina refinery. Metal Bulletin's daily fob Australia alumina index was calculated at $476.39 per tonne on Tuesday April 10, up $24.67 or 5.5% compared with the previous day's assessment. "The market is tight, and only getting tighter by the day. You can e...Read More

South Korean authorities order 20-day shutdown at Young Poong's Seokpo zinc smelter

April 10, 2018 / Archie Hunter

Young Poong's 300,000-tonne-per-year Seokpo zinc smelter will begin an enforced 20-day shutdown on June 11 after the Korean Environmental Agency found the company guilty of multiple environmental transgressions, local media including Yonhap News reported. Seokpo smelter, which is located in a national park, released waste water into the local environment with fluoride and selenium levels above the...Read More

GLOBAL VANADIUM WRAP: European FeV prices slide on traders profit-taking; V2O5 prices up on supply concerns

April 10, 2018 / Anna Xu

The European ferro-vanadium market retreated last week while traders sold cheaper in order to take profits amid quieting spot demand. European ferro-vanadium market slides while traders take profits European V2O5 prices strengthen on lack of availability US ferro-vanadium market flat lines with market falling dormantSpot prices for European ferro-vanadium slipped to $69-72 per kg on April 6, deliv...Read More

Chromium prices jump 25% on severe supply shortage

April 10, 2018 / Tanya Ashreena

A severe shortage of chromium, along with firm downstream demand, has caused prices of the metal to hit their highest level in almost seven years. Metal Bulletin's weekly price assessment for in-warehouse chromium soared 25% to $13,250-13,995 per tonne on Friday April 6, from $10,500-11,300 per tonne the week before. The price was last seen at $13,000-14,000 per tonne in June 2011. "It is a p...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok