(IDEX Online) - Coronavirus is being blamed for a sharp decline in imports to the U.S. Overall volumes of shipping containers entering the country will be down 3.8 percent in January and 12.9 percent in February (year-on-year), according to estimates by Global Port Tracker, which forecasts container trends.March is set to be down 9.5 percent, it says, in a report released by the National Retail Fe...Read More
RAPAPORT... Shares in Petra Diamonds slipped 16% in early trading Monday after the miner reported a net loss for the first fiscal half, and warned of operational problems that could affect annual production.The company reported a net loss of $10 million for the period ending December 31, an improvement on its $57.9 million loss the year before. The loss was due to a decline in rough-diamond p...Read More
Turkish steel producers made more bookings of deep-sea scrap for March shipment, with prices strengthening further on firm demand, sources told Fastmarkets on Tuesday February 18.A steel mill in the Iskenderun region booked a US cargo comprising 20,000 tonnes of HMS 1&2 (90:10) at $282.50 per tonne, 5,000 tonnes of shredded at $285 per tonne and 5,000 tonnes of bonus at $290 per tonne cfr.This com...Read More
RAPAPORT... Auction house Bonhams has postponed its upcoming Jewels and Jadeite sale amid an escalation in the coronavirus epidemic.The event, which had been due to take place in Hong Kong on March 12, will be rescheduled to a later date, a Bonhams spokesperson said Wednesday in an email to Rapaport News. It comes as the number of confirmed cases of coronavirus tops 60,000 worldwide, resultin...Read More
News of Australian miner Rio Tinto's production cuts amid continued bearish sentiment among Chinese buyers on downstream demand prevented any significant movement in seaborne iron ore prices on Tuesday February 18.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.18 per tonne, down $0.30 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $89.51 per tonne, down $0.30 per tonne.62% Fe low-a...Read More
Seaborne coking coal prices were up on Tuesday February 18 with tight seaborne supply driving sentiment, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $155.43 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $164.58 per tonne, up $3.30 per tonneHard coking coal, fob DBCT: $127.01 per tonne, unchangedHard coking coal, cfr Jingtang: $146.95 per tonne, up $4.35 per...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaThe government, which owns 34% of the giant copper-gold mine, had cancelled an earlier power agreement, with the parties then agreeing a bind...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexia"We have been very thoughtful and deliberate about the construct of our portfolio over many years now clearly the world trend is towards deca...Read More
Look beyond market approach to project valuations: van ZylLeadershipCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesOn a headline basis, underlying net profit after tax fell year-on-year from A$228 million to $164 million, though ope...Read More
Fragile...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Su...Read More
Tighter restrictions have been implemented by...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest i...Read More
Aluminium The upside momentum in LME aluminium has...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download th...Read More
Copper prices supported by fresh buying ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
Chinese lead demand forecasts lowered...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
Soaring nickel stocks – more than meets the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lates...Read More
Price grinds higher on...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’...Read More
Rising availability caps attempts to rebound ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issu...Read More
China's domestic hot-rolled coil prices were largely steady on Tuesday February 18 amid thin trading, though some mills lowered their export offers in an attempt to reduce their inventories.DomesticEastern China (Shanghai): 3,470-3,490 yuan ($497-500) per tonne, up 10 yuan per tonneNorthern China (Tangshan): 3,230 yuan per tonne, unchangedSellers in Shanghai tried to shore up the market by issuing...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More