Selenium prices in Europe continued to hit fresh highs this week, climbing to their strongest level since January 2015."Selenium doesn't seem to be stopping," a trader said, adding, "India has been buying again and the sentiment is still positive."Metal Bulletin assessed selenium free market in-warehouse prices at $23-25.50 per lb on Wednesday March 29, up 1% from the previous assessment.Selenium...Read More
Base metals prices on the London Metal Exchange are for the most part stronger today, Thursday March 29, with prices up by an average of 0.6%. Nickel leads the advance with a 2% rise to $13,300 per tonne, while copper is up by 1% at $6,732 per tonne.Volume has been high with 12,789 lots traded as of 07.56am London time. This morning's strength builds on recent consolidation, with most of the metal...Read More
The base price assessments for flat and long stainless steel products in Europe remained stable this week amid strong competition between stockholders, sources told Metal Bulletin on Thursday March 29.Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet was ?,?1,050-1,130 ($1,299-1,397) per tonne delivered in Northern Europe on Thursday, unchanged...Read More
China's ferrous futures experienced a third morning of gains on Thursday March 29 after big losses toward the end of last week after both the country and the United States announced fresh tariffs against each other's products.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,260 yuan ($518) per tonne, up 42 yuan per tonne May hot-rolled coil: 3,616 yuan per tonne,...Read More
Persistently low buying interest in East Asia, inventory pressures in China, and falling nickel prices continued to push down the region's stainless steel market over the past week.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed CRC was $2,090-2,180 per tonne cif East Asian ports for the week ended Wednesday March 28, down $70-80 per tonne from a week earlier. Metal B...Read More
The European aluminium secondary market has set a fresh 2018 low for the seventh straight week due to falling London Metal Exchange and scrap prices as well as increased availability. Metal Bulletin's assessment of secondary aluminium 226 diecasting ingot prices fell to ?,?1,760-1,810 ($2,176-2,238) per tonne on Thursday March 29, down from ?,?1,790-1,840 per tonne on March 23. "It is a stran...Read More
Import prices for containerized heavy melting scrap (HMS) in Taiwan fell further this week with re-rollers holding off on purchases due to bearish sentiment in the market.Metal Bulletin's price assessment for Taiwanese imports of HMS 1&2 (80:20) from the United States was $340-345 per tonne cfr on Thursday March 29, down $15 per tonne from a week earlier.Traders in Taiwan said they did not conclud...Read More
(Kitco News) - This could be a good time to invest in gold as the risk to the precious metal’s prices is “firmly” to the upside, according to Capital Economics.Gold stands to benefit greatly from any escalation in trade war fears, as an increase in tensions will lead to investors selling riskier assets and buying safe-haven options, said Capital Economics’ commodities econo...Read More
Nickel Carry Call – BUY Nickel at CMP 853.50 for Target 865 – 870 with SL below price 845AFTER POST CONTENT Read More
Nickel Carry Call – BUY Nickel April at CMP 853.50 for Target 865 – 870 with SL below price 845AFTER POST CONTENT Read More
MCX ZINC TRADINGZinc Trading – Today Zinc April Sell call 2e1 given at price 214.60. Achieved 2nd Target 212.80. Total profit of 1.8 Points per lot / Rs 9000CALL ID 2e1 : Tips for Zinc Today - SELL Zinc APRIL at CMP 214.60 for Target 213.50 - 212.80 with Small SL Above price 215.20AFTER POST CONTENT Read More
Now for the second day in a row, gold continues to trade under pressure. Although yesterday’s price action contained a higher high then Monday, gold fell under pressure to close $11 lower on the day. Dollar strength and selling pressure not only continued but also accelerated today with gold losing 1.38% of value.As of 3:49 PM Eastern standard time, gold futures (April futures contract) are...Read More
Mcx Nickel Live Tips – Nickel April Buy call 2f8, Given at price 848 Achieved 1st Target 855. CMP 855. Total Profit of 7 x 2 lot = 14 Points ProfitTIPS ID 2f8 : Today Intraday Nickel Call - BUY Nickel APRIL at CMP 848 for Target 855 - 862 with SL below price 839. Trade with 2 lotsAFTER POST CONTENT Read More
Today Intraday Nickel Call – BUY Nickel APRIL at CMP 848 for Target 855 – 862 with SL below price 839. Trade with 2 lotsAFTER POST CONTENT Read More
Copper Call – Copper Tips 2d3 Advised Sell at 431.20 (430.40+432) Triggered SL at price 434.10. Total 2.9 Points SL hit per lotTIPS ID 2d3 : Copper Free Tips Today - SELL Copper at CMP 430.40 Add more at price 432 with SL Above 434.10 for Target 427 - 425.50AFTER POST CONTENT Read More
Today Zinc Free Tips – Zinc April Sell call 2e1 given at price 214.60 Made low 213.40 (05:33pm) Achieved 1st Target 213.50. Profit of 1.10 Points per lotTIPS ID 2e1 : Tips for Zinc Today - SELL Zinc APRIL at CMP 214.60 for Target 213.50 - 212.80 with Small SL Above price 215.20AFTER POST CONTENT Read More
Aluminium Positional Tips – Sell 2 lot Aluminium at CMP 130.80 for Target 129.0 – 128 with SL Above price 132.10AFTER POST CONTENT Read More
TIPS FOR ZINC TODAYTips for Zinc Today – SELL Zinc APRIL at CMP 214.60 for Target 213.50 – 212.80 with Small SL Above price 215.20AFTER POST CONTENT Read More
TORONTO Reuters) - Canadian mining magnate Peter Munk, who built Barrick Gold Corp from a single mine into the world's largest producer of gold, has died at the age of 90, the company said on Wednesday.The blunt-spoken miner became renowned for his philanthropy, donating millions to healthcare and at universities in Toronto and Israel. Munk was invested as a Companion to the Order of Canada, the c...Read More
Copper Free Tips Today – SELL Copper at CMP 430.40 Add more at price 432 with SL Above 434.10 for Target 427 – 425.50AFTER POST CONTENT Read More