Hot air hand dryers in multiple men's and women's bathrooms in 3 basic science research areas in an academic health center were screened Continue...Read More
Turkish billet prices for domestic, export and import trades have all continued to fall over the past week amid sluggish demand, sources told Metal Bulletin on Thursday April 12.CIS-region billet suppliers have continued to lower their offers to Turkey since last week, citing the fall in Chinese export billet prices as well as a slump in import scrap prices in Turkey earlier in the week.They were...Read More
The subprime mortgage industry blew up after the Great Recession but is now being resurrected as the "nonprime" market.Continue...Read More
Previous CFO Nigel Robinson was promoted to CEO, while business development director Gavin Ferrar was moved into the CFO position, with both changes effective April 16.Robinson joined CAML in November 2007 as group financial controller and has been CFO since April 2009. He previously worked for six years as management for British Airways and prior to this he worked at KPMG.He was also formerly a r...Read More
Domestic rebar prices in Egypt fell this week while demand remained low, sources told Metal Bulletin on Thursday April 12.The country's biggest producer, Ezz Steel, is currently offering rebar at E ?12,528 ($708) per tonne ex-works, including 14% VAT, down from E ?12,790 per tonne ex-works.Beshay Steel, also a major domestic producer, is offering rebar at...Read More
SHANGHAI, Apr 12 (SMM) – Nonferrous metals futures were weaker for the most part except for SHFE nickel. Zinc plunged nearly 3.6%, copper lost over 1%, tin fell almost 1%, while aluminium and lead slipped.The ferrous complex also closed lower, except for hot-rolled coil. Coking coal slid nearly 4%, coke dropped 3%, iron ore fell nearly 1%, and rebar edged down.Copper: SHFE copper was dragged...Read More
Everyone is paying attention to the chemical attack in Syria. Meanwhile, the most important turnover in the world remains mostly Continue...Read More
China's domestic rebar prices declined again on Thursday April 12 with sellers attempting to destock to cut their losses.Domestic Eastern China (Shanghai): 3,630-3,680 yuan ($578-586) per tonne, down 30 yuan per tonne Northern China (Beijing): 3,660-3,690 yuan per tonne, down 40 yuan per tonne Stockists made a bid to get their inventories down before their value decreases further, cutting prices t...Read More
Resources now total 209,265t of contained lithium oxide - 20.46 million tonnes grading 1.02% lithium oxide - with 86% of the new estimate in the measured and indicated categories.Read More
For the past four years, every time gold hit the 1350-1370 level or so, it is turned down sharply.Continue...Read More
- EU and euro face growing risks including trade wars, energy independence and war with Russia in Middle East- Middle East war involving Russia may badly impact energy dependent & fragile EU- Trade and actual wars on European doorstep show the strategic weakness of the EU- Toxic combination due to growing anti-EU and anti-Euro sentiment in many EU nations- Investors should diversify to hedge inv...Read More
Import prices for stainless steel in East Asia rose over the past week with Chinese suppliers maintaining their high offers amid costlier nickel, although there was no considerable uptick in demand.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,100-2,230 per tonne cif East Asian ports for the week ended Wednesday April 11, up $20-100 per tonne...Read More
SHANGHAI, Apr 12 (SMM) – China’s sales of new-energy vehicles (NEV) in the first quarter pf 2018 more than doubled year on year as demand grew, according to China Association of Automobile Manufacturers (CAAM).From January to March, sales of NEVs stood at 143,000 units. This is up 154% from the first quarter of 2017. Output for January-March 2018 stood at 150,000 units,...Read More
The pit-constrained resource comprises an indicated 3.65 million tonnes at 5.18% zinc equivalent and an inferred 32.98Mt at 5.03% ZnEq.Read More
Optimistic mood as trading resumes after spring break.Polished prices stable, with 1 ct. RAPI -0.1% in March. Chinese dealers buying stockahead of potential yuan devaluation that may raise local prices if China-UStrade war emerges. European high-end market mixed, with large luxury housesdoing better than smaller niche players: LVMH 1Q jewelry & watch sales +9%to $1.2B; De Grisogono to cut arou...Read More
(IDEX Online) - The official website of the 38th World Diamond Congress has gone live, allowing participants to register for the June 19-21 biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), the WFDB said. The three-day gathering, organized by the Israel Diamond Exchange, will take place at the Hilton Hotel in...Read More
Mining industry body the South African Diamond Producers Organisation (Sadpo) hosted its second yearly Diggers Conference at the All Seasons Resort, in Christiana, North West province, last month. The organisation chose Christiana because it is centrally located between the two provinces where the majority of its members are based. About 130 people, including speakers and sponsors, attended the Ma...Read More
SHANGHAI, Apr 12 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightWeighed down by potential US military action in Syria, the US dollar index edged down slightly and hovered around 89.5, but received some support from the Fed’s March meeting.The Syria factor also depressed base metals except for LME aluminium. LME aluminium...Read More
(IDEX Online) - CIBJO President Gaetano Cavalieri visited Bahrain, as the guest of DANAT, the Bahrain Institute for Pearls & Gemstones, during which he met with the leadership of the country's fast-developing gemstone and jewelry centre, and discussed the possibility of its hosting the CIBJO Congress in 2019. Located on an archipelago on the northern flank of the Arabian Peninsula,...Read More