Kal KotechaPosted Jul 1, 2018Over the last few weeks, traders and investors have been dealing with multiple news items and external factors that have driven the US Indexes lower overall.This move is related to a fear component that comes with the uncertainty of these news events:Elections in Mexico.Uncertainty in the European Union.Debt and Market issues in China.Corruption and nepotism in Malaysi...Read More

Prices declined in most regions last week on weak market sentiment after a slump in the Chinese billet market early last week and mills from the CIS region reduced offers to get new bookings. China Billet prices in China's northern Tangshan region dropped by 70 yuan per tonne last week, quoted at 3,600 yuan ($543) per tonne on Friday June 29. Most of the decrease occurred over the weekend and on M...Read More

World manganese ore supply rose 2% year on year in May and was stable compared with April, according to the latest data from the International Manganese Institute (IMnI).May supply totaled 1.66 million tonnes dry metric tonnes. World demand in May rose 2.6% year on year and 12.9% compared with April to 1.62 million tonnes.Supply...Read More

Prices declined in most regions last week on weak market sentiment after a slump in the Chinese billet market early last week and mills from the CIS region reduced offers to get new bookings. China Billet prices in China's northern Tangshan region dropped by 70 yuan per tonne last week, quoted at 3,600 yuan ($543) per tonne on Friday June 29. Most of the decrease occurred over the weekend and on M...Read More

SHANGHAI, Jul 2 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index fell below 95 to close at 94.5 last Friday night, with pressure from a strengthened euro as the European leaders reached a migration deal. LME base metals saw mixed trading with zinc leading the loss and closing 1.7% lower on sluggish demand and...Read More

Investing.com - Gold prices are likely to remain under pressure this week as traders digest the minutes of the Federal Reserve’s June meeting on Thursday, when markets re-open after Wednesday’s Independence Day holiday.The Fed hiked interest rates in June and signaled for the first time that they could lift rates four times this year, a typically gold-negative factor.On Friday, metals...Read More

($5 TTS/$5 Media) Donate For Recognition: https://streamlabs.com/chaizy1*Disclaimer* Brandon Grosso is a paid actor and does not own nor have access to this channel, All rights reserved to theCHAIZYchannelBecome a Sponsor: https://www.youtube.com/user/theCHAIZ...Discord: https://discord.gg/w9p9hdReddit - https://www.reddit.com/r/theCHAIZYcha...Instagram:https://www.instagram.com/faysalkhatib/https...Read More

The International Energy Agency (IEA) has held a high-level meeting to identify the key issues faced by nuclear energy and to explore its future. Under current policies, together with limited investment in new reactors, nuclear's contribution to the energy mix in developed economies is set to decline significantly, the meeting heard.Attendees at the IEA high-level meeting (Image: IEA)"For more tha...Read More

A team of International Atomic Energy Agency (IAEA) experts has completed a review of the United Arab Emirates' overall nuclear energy infrastructure, the first ever Integrated Nuclear Infrastructure Review (INIR) conducted for a country in the final phase of the Agency's Milestones approach to infrastructure development.Kovachev, on the left, and FANR Deputy Director of Operations Raoul Awad (Ima...Read More

Nickel prices on the London Metal Exchange fell over 2% by the close of trading on Monday July 2, topping broad losses across the complex while escalating trade tensions and dwindling equity markets weigh on commodities.Reaching a high of $14,940 per tonne over the day, nickel's three-month price fell sharply during afternoon trading, drifting back to the $14,500 per tonne region. "If Chinese...Read More

Blister copper refining charges (RC) terms in China increased in June due to higher availability of overseas materials, which offset part of the capacity lost in the production halt while inspections took place over the month.The monthly blister copper 98-99% spot cif China RC rose to $215-235 per tonne, with a sale of several thousand tonnes reported at the higher end of the range and offers comi...Read More

Comex copper prices softened for the fourth consecutive day on July 2 morning in the US, with a stronger dollar keeping base metals pressured.Copper for September settlement on the Comex division of the New York Mercantile Exchange dipped 2.10 cents or 0.7% to $2.9450 per lb. The red metal is being pressured by threats of a global trade war due to increasing tariffs. New reports of president....Read More

BP plc is to buy Chargemaster, the UK's largest charging company for electric vehicles (EVs), in the latest move by oil and gas companies to tap into the electromobility revolution.Along with peers such as Royal Dutch-Shell and Total, oil conglomerate BP has been making relatively small but significant investments into the infrastructure required for charging EVs, and not just as a contributor to...Read More

Key takeaways from Industrial Minerals tenth Lithium Supply & Markets Conference, which took place in Las Vegas on June 26-28.Battery makers and new energy vehicle (NEV) manufacturers seek lower lithium prices, multi-year commitmentsThe world's largest consumers of lithium compounds, such as battery makers and NEV manufacturers, want lower and stable lithium prices. After the shortening of contrac...Read More

The XHB homebuilder ETF is decisively below three key moving averages after it knifed below its 50 dma last week. KB Homes reported a big earnings and revenue "beat" on Thursday after the market closed. The stock soared as much as 9% on Friday. Per the advice I gave my subscribers about shorting the inevitable price-spike in the stock, I shorted the stock Friday mid-day (July and August at...Read More

Blister copper refining charges (RC) terms in China increased in June due to higher availability of overseas materials, which offset part of the capacity lost in the production halt while inspections took place over the month.The monthly blister copper 98-99% spot cif China RC rose to $215-235 per tonne, with a sale of several thousand tonnes reported at the higher end of the range and offers comi...Read More

Key data from the pricing session in the week ended Friday June 29. China  Chinese stainless steel mills released higher tender prices for July.  Prolonged ferro-chrome smelter shutdowns have continued to tighten the market and boost prices.  Imported UG2 chrome ore prices dropped due...Read More

Prices for both low-grade and high-grade cobalt tipped below $40 per lb in the week ended Friday June 29, with sellers facing continued weak demand and competition for business.Low-grade and high-grade cobalt prices were assessed on Friday at $39.70-41.00 per lb, in-warehouse, down from $40.35-41.25 per lb at the start of the week."[The market is] dead in terms of people actually booking [material...Read More

The global downtrend in antimony prices continued last week amid weakening demand.In Europe, prices for antimony with bismuth content below 100ppm or trioxide-grade in-warehouse Rotterdam moved down to $7,900-8,150 per tonne on Friday June 29 from the mid-week assessment of $8,000-8,250 per tonne.The MMTA standard grade II antimony in-warehouse Rotterdam price was stable at $7,900-8,150 per tonne...Read More

Blister copper refining charges (RC) terms in China increased in June due to higher availability of overseas materials, which offset part of the capacity lost in the production halt while inspections took place over the month.The monthly blister copper 98-99% spot cif China RC rose to $215-235 per tonne, with a sale of several thousand tonnes reported at the higher end of the range and offers comi...Read More