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Merkel's conservatives say want stronger euro zone, wary of Macron plans

May 08, 2018 / www.kitco.com

MURNAU, Germany (Reuters) - Senior members of Chancellor Angela Merkel’s conservative bloc pushed back on Tuesday against criticism that Germany is blocking euro zone reform proposals by French President Emmanuel Macron.Merkel’s CDU-CSU bloc is opposed to any pooling of debts in Europe, any fiscal policy without national parliamentary control and the European Commission’s proposa...Read More

FREE MCX TIPS Lead Today – Lead Sell call 7f3 Advised to Enter between 156 – 156.20. CMP 156.20. Call is Now Active.. Trade as per call

May 08, 2018 / mcx.freetips.tips

Lead Today – Lead Sell call 7f3 Advised to Enter between 156 – 156.20. CMP 156.20. Call is Now Active.. Trade as per call7f3 : Lead Today Tips - Lead CMP 155.10 We will Sell More Lead if price 156 - 156.20 Add more sell if price 157 with SL 157.80 for Target 155 - 154AFTER POST CONTENT Read More

Lange discusses mine mouth operations, Westmoreland Coal Co. with Wyoming Public Media

May 08, 2018 / www.minesnewsroom.com

Ian Lange, assistant professor of economics and business at Colorado School of Mines, was recently interviewed by Wyoming Public Media about a potential Westmoreland Coal Co. bankruptcy and the company's mine-mouth operations. From the story:Ian Lange, Assistant Professor and Director of the Mineral and Energy Economics Graduate Program at the Colorado School of Mines said mine-mouth operations a...Read More

China accuses US of hostage-taking at the WTO

May 08, 2018 / www.kitco.com

GENEVA (Reuters) - The United States is threatening the World Trade Organization with “three hard blows”, including taking the system of judicial appointments hostage, China’s Ambassador to the WTO, Zhang Xiangchen, told its membership on Tuesday.Zhang said it was “dangerous and devastating” that the United States was challenging the WTO’s fundamental guiding pr...Read More

Argentina's domestic steel prices stable but currency fears increase

May 04, 2018 / www.metalbulletin.com

Domestic prices for steel products in Argentina are unchanged this month, but some market participants have reported fears of future changes because of the country's currency instability.Metal Bulletin's monthly assessment of Argentina's domestic price for hot-rolled coil (HRC) remained unchanged at $750-755 per tonne ex-works on Friday May 4, with the price of cold-rolled coil (CRC) stable at $86...Read More

Operation restarted after blockage cleared

May 08, 2018 / www.mining-journal.com

The company said early this week it had resumed the filtering of copper concentrates between the mine and the port on May 5 after successfully clearing a blockage.Read More

Free Aluminium Calls – Aluminium BUY Call 7ed given at price 159.35 Achieved 2nd Target 161. CMP 161.05. Total profit of 1.65 x 2 lot = 3.30 Points

May 08, 2018 / mcx.freetips.tips

Free Aluminium Calls – Aluminium BUY Call 7ed given at price 159.35 Achieved 2nd Target 161. CMP 161.05. Total profit of 1.65 x 2 lot = 3.30 PointsTIPS ID 7ed : Aluminium Carry Call - BUY Alumini at CMP 159.35 Add more at price 158.70 with SL below price 158.20 for Target 160.30 - 161. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

Tech sector gains keep world shares near one-week high

May 08, 2018 / www.kitco.com

LONDON (Reuters) - Oil prices eased on Tuesday from 3-1/2-year highs they hit on worries the United States may be set to pull out of a key nuclear accord with Iran, but robust tech sector gains in Asia helped support world stocks near one-week highs.U.S. President Donald Trump will announce at 1800 GMT whether Washington will withdraw from a deal that eased economic sanctions on Iran in exchange f...Read More

Argentina agrees to steel export quota following US' Section 232 investigation

May 02, 2018 / www.metalbulletin.com

The Argentinian government has agreed to quotas on steel products exported to the United States, thus avoiding tariffs associated with the US' Section 232 investigation, according to national steel association Acero Argentino.The country agreed to limit exports of steel products to the US to 180,000 tonnes per year, based on the average of steel exports during the past three years plus an addition...Read More

Mixed March quarter for Vast

May 08, 2018 / www.mining-journal.com

Gold output at Pickstone-Peerless climbed 4% from the previous quarter to a record 6,326 ounces, with 6,549oz sold during the three-month period, up 14%.Read More

FREE MCX TIPS Zinc Calls – RISK taker BUY Zinc at CMP 207.50 for Target 208.30 – 208.90 with SL below price 206.45

May 08, 2018 / mcx.freetips.tips

Zinc Calls – RISK taker BUY Zinc at CMP 207.50 for Target 208.30 – 208.90 with SL below price 206.45AFTER POST CONTENT Read More

US says something "terribly wrong" at WTO, attacks China

May 08, 2018 / www.kitco.com

GENEVA (Reuters) - The new U.S. ambassador to the World Trade Organization told the WTO’s membership on Tuesday that something had gone “terribly wrong” with judges at the world body and that China’s arguments showed Beijing was living in a fantasy.Addressing the WTO’s General Council for the first time, Dennis Shea said the WTO’s rules had substantial value and...Read More

ASIA STEEL OUTLOOK: China's HRC exports to Vietnam likely to fall once Formosa fires up new furnace

May 02, 2018 / www.metalbulletin.com

China could be badly affected by a shrinking import market for hot-rolled coil in Vietnam once Formosa Ha Tinh Steel fires up its new blast furnace this month, market sources told Metal Bulletin this week.Formosa Ha Tinh plans to increase its mill operating rates to "high" levels once its fires up its new 4,300 cubic meter No2 blast furnace in mid-May, a source told Metal Bulletin this week."...Read More

Aluminium Tips Today – Aluminium BUY Call 7ed given at price 159.35 Achieved 1st Target 160.30. CMP 160.35. Total 1 point x 2 lot = 2 points Profit

May 08, 2018 / mcx.freetips.tips

Aluminium Tips Today – Aluminium BUY Call 7ed given at price 159.35 Achieved 1st Target 160.30. CMP 160.35. Total 1 point x 2 lot = 2 points ProfitTIPS ID 7ed : Aluminium Carry Call - BUY Alumini at CMP 159.35 Add more at price 158.70 with SL below price 158.20 for Target 160.30 - 161. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

U.S. urges post-election Lebanon to keep policy of staying out of foreign wars

May 08, 2018 / www.kitco.com

BEIRUT (Reuters) - The U.S. embassy in Beirut on Tuesday urged all parties in Lebanon to uphold the country’s policy of disassociation from foreign conflicts, as they looked ahead to the formation of a new government after parliamentary elections on Sunday.“We urge all parties to uphold Lebanon’s international obligations, including those contained in U.N. Security Council Resolu...Read More

LIVE FUTURES REPORT 08/05: LME tin price drops 1.5%; Ali maintains strength

May 08, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange ended mostly lower at the close of trading on Tuesday May 8, with aluminium and zinc bucking the trend. Tin's three-month price was the most significant downward move in the complex, falling 1.5% and reaching a low of $20,865 per tonne during the afternoon.The drop comes after prices remained firmly above $21,000 per tonne throughout April, largely due to c...Read More

FREE MCX TIPS Lead Today Tips – Lead CMP 155.10 We will Sell More Lead if price 156 – 156.20 Add more sell if price 157 with SL 157.80 for Target 155 – 154

May 08, 2018 / mcx.freetips.tips

Lead Today Tips – Lead CMP 155.10 We will Sell More Lead if price 156 – 156.20 Add more sell if price 157 with SL 157.80 for Target 155 – 154AFTER POST CONTENT Read More

European steelmakers see recovery at risk from U.S. tariffs

May 08, 2018 / www.kitco.com

LONDON (Reuters) - A revival in European steel is at risk from U.S. President Donald Trump’s move to impose tariffs on imports, Eurofer said as it raised its 2018 forecast for apparent steel consumption.The consumption figure, which excludes the impact of inventory changes, is set to grow by 2.3 percent, above a previous forecast of 1.9 percent, the European steel association said on Tuesday...Read More

New Zealand trade rapprochement with Europe could boost NZ metal exports

May 08, 2018 / www.metalbulletin.com

An upcoming European Union/New Zealand free trade agreement (FTA) will benefit the metals industry, New Zealand and European experts have told Metal Bulletin, after a preparatory customs agreement between the partners came into force on May 1. Notably, Europe will gain more access to New Zealand's quality low emission-produced metals as well as metal components, Nick Collins, chief executive of in...Read More

Today Nickel Free Tips – Nickel Sell call 7e6 given at 942.40 Achieved 1st Target 935. CMP 935. Total profit of 7.4 x 2 lot = 14.8 Points

May 08, 2018 / mcx.freetips.tips

Today Nickel Free Tips – Nickel Sell call 7e6 given at 942.40 Achieved 1st Target 935. CMP 935. Total profit of 7.4 x 2 lot = 14.8 PointsTIPS ID 7e6 : Nickel Intraday - SELL Nickel at CMP 942.40 for Target 935 - 931 with SL Above price 950. Trade 2 lotsAFTER POST CONTENT Read More

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