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LIVE FUTURES REPORT 30/03: SHFE base metals prices consolidate; aluminium succumbs to follow-through weakness

March 30, 2018 / www.metalbulletin.com

Aluminium prices on the Shanghai Futures Exchange were weaker during Asian morning trading on Friday March 30, tracking the decline seen on the London Metal Exchange on Thursday.The most-traded May aluminium contract declined to 13,705 yuan ($2,178) per tonne as of 10.16am Shanghai time, down by 0.8% or 115 yuan per tonne from Thursday's close.Overnight weakness in the LME's three-month aluminium...Read More

Zinc, lead concentrate TCs finally rebound; annual talks still ongoing

March 30, 2018 / www.metalbulletin.com

Zinc and lead concentrate treatment charges (TCs) rose in March, reflecting expectations of better supply and fewer smelter shorts in the market.Concluded deals were few and far between, with much of the market waiting for annual contract reference prices to settle before delving into the spot market.Both zinc and lead concentrate markets are in the process of turning away from super-tight conditi...Read More

Copper concentrate TC/RCs continue trend lower in March despite supply boost

March 30, 2018 / www.metalbulletin.com

Copper concentrate treatment and refining charges (TC/RCs), ticked lower at the end of March, with traders continuing to bid lower for spot material and smelters re-adjusting bids to the downside.The Metal Bulletin copper concentrates TC/RC index stood at $66 per tonne/6.6 cents per lb on Thursday March 29, down from $68.6/6.86 cents a fortnight ago.Copper concentrate TC/RCs, discounts on exchange...Read More

Codelco achieves second highest copper output ever in 2017

March 30, 2018 / www.metalbulletin.com

Chilean state-owned miner Codelco achieved its second highest copper output ever in 2017, despite contending with a decline in ore grades, the company announced on Thursday March 30.Production from Codelco's wholly-owned mines totaled 1.73 million tonnes last year, an increase of 1.5% from 2016's 1.71 million tonnes."We reached the second largest production of our history despite the decline in or...Read More

Egypt's Ezz Steel returns to normal operations in 2017

March 30, 2018 / www.metalbulletin.com

Egypt's biggest steel producer, Ezz Steel, enjoyed normal industrial operations in 2017 after several years of disturbed activity, the company said on Thursday March 29. Firstly, Ezz Steel did not suffer any interruptions to the electricity or natural gas supplies. Secondly, the foreign currency needed for the purchase of imported raw materials was made available without limitation, company chairm...Read More

Long Steel Products Trade Log, March 30, 2018

March 30, 2018 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebar East China, domestic, grade...Read More

Semi-finished Steel Products Trade Log, March 30, 2018

March 30, 2018 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for steel billet, slab and bloom. Latest transaction: billetBillet China,...Read More

Flat Steel Products Trade Log, March 30, 2018

March 30, 2018 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: Hot-rolled coilHot-rolled coilEast China,...Read More

WEEKLY SCRAP WRAP: Turkish import prices flat on a solo trade; US export prices up on fresh cargo sales

March 30, 2018 / www.metalbulletin.com

Turkish steelmakers returned to the deep-sea ferrous scrap market picking up a cargo at stable prices, while US ferrous scrap exporters continue to enjoy bulk sales at strong numbers to emerging markets. On the other hand, Taiwan's and India's import scrap prices dipped on limited trading, due to buyers in both markets remaining conservative in the face of lower Chinese steel prices and uncer...Read More

China's domestic stainless steel prices edge lower amid weak trading

March 30, 2018 / www.metalbulletin.com

China's domestic stainless steel prices widened downward slightly over the past week amid sparse trading activity. Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,200-15,100 yuan ($2,256-2,399) per tonne including VAT for the week ended Thursday March 29, compared with 14,300-15,100 yuan per tonne from a week earlier. Demand sti...Read More

Scientists turn to 'self-heating' to make lithium batteries more efficient

March 31, 2018 / www.mining.com

A team of researchers at Rensselaer Polytechnic Institute found a way to use the internal heat of lithium-ion batteries to diffuse into a smooth layer the dendrites that form after several cycles of discharge-recharge.Dendrites are sort of "branches" that emanate out of the lithium metal surface and can grow long enough to create a short circuit between the battery's electrodes, leading to a fire...Read More

Newmont Mining : Gold mining company kicks off voc-ed center for Cripple Creek-Victor students

March 31, 2018 / dlvr.it

March 20--View CommentsA gold mining company is donating $275,000 to help build a vocational and technical education center for Cripple Creek-Victor School District RE-1.The need is very evident,... | mars 21,2018Read full newsRead More

Eldorado Gold updated Greek mine plan reduces 'footprint'

March 31, 2018 / dlvr.it

Canada's Eldorado Gold Corpfiled a new technical report for itscontentious Skouries gold mine project in Greece on Thursday,which said itRead full newsRead More

Randgold Resources - GOLD - Mining code proposal submitted to DRC government

March 31, 2018 / dlvr.it

Joint Press Release* KINSHASA, DRC / ACCESSWIRE / March 29, 2018 / Mining industry representatives* in the Democratic Republic of Congo have submitted a formal proposal to the country's Ministry of Mines ...Read full newsRead More

Ely Gold Royalties Options Key Monitor Claims to Orla Mining

March 31, 2018 / dlvr.it

Vancouver, British Columbia--(Newsfile Corp. - March 28, 2018) - Ely Gold Royalties Inc. (TSXV: ELY) (OTC Pink: ELYGF) (Read full newsRead More

Newmont Mining : Gold mining company kicks off voc-ed center for Cripple Creek-Victor students

March 31, 2018 / dlvr.it

March 20--View CommentsA gold mining company is donating $275,000 to help build a vocational and technical education center for Cripple Creek-Victor School District RE-1.The need is very evident,... | mars 21,2018Read full newsRead More

2008 Redux-Cubed (at least cubed)?

April 01, 2018 / investmentresearchdynamics.com

There is plenty of dysfunction in plain sight to suggest that the financial markets can't bear the strain of unreality anymore. Between the burgeoning trade wars and the adoption in congress this week of a fiscally suicidal spending bill, you'd want to put your fingers in your ears to not be deafened by the roar of markets tumbling - James Kuntsler, "The Unspooling"Many of you have likely seen dis...Read More

BUZZ-USD/IDR bears look for all-clear as UST yields weigh

April 01, 2018 / www.kitco.com

* USD/IDR gaps down to 13740 vs prev close 13760, bearish bias* Enters Bollinger downtrend channel, pending close below 13740* Bears may get signal to sell, target 200 WMA at 13575* US Treasury yields compress, dragging dollar lower across Asia* Multi-year lows notched in USD/KRW, USD/MYR early Mon* Indonesia inflation data due later today, slight uptick expected<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^...Read More

GLOBAL MARKETS-Asia stocks begin new quarter on modest gains, dollar steady

April 01, 2018 / www.kitco.com

* MSCI Asia-Pacific index up 0.3 pct, Nikkei rises 0.2 pct* Dollar little changed against euro, yen* Crude oil extends gains By Shinichi SaoshiroTOKYO, April 2 (Reuters) - Asian stocks began the newquarter on Monday with mild gains following a strong performanceby global equities last week, while the dollar held steadyawaiting key economic indicators.MSCI's broadest index of Asia-Pacific shares ou...Read More

BUZZ-GBP/USD higher in early trade but losing steam

April 01, 2018 / www.kitco.com

* Cable up 0.21% in early Asia, range so far 1.4010/37* Friday's low at 1.4005, 21 DMA at 1.3997 initial supports* Below that 50% retracement of Mar range at 1.3978 back-up support* 5 DMA crosses through 10 day, upside momentum is waning* Friday's high at 1.4060 initial resistance* 10 DMA at 1.4090 now looks to be a good level to sell <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^...Read More

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