China's hot-rolled coil prices were largely stagnant on Wednesday April 4 amid fluctuations in the futures market ahead of a four-day break in the country.DomesticEastern China (Shanghai): 3,850-3,900 yuan ($612-620) per tonne, widened upward by 20 yuan per tonneNorthern China (Tianjin): 3,840-3,870 yuan per tonne, unchangedHRC prices in Shanghai rose in the morning following strong gains in the f...Read More
Key data from the Wednesday April 4 pricing session in London.Indium ingots MB $/kg in-warehouse Rotterdam Key drivers: -Lack of crude raw material leads to lower output-Tender due on April 10-Tomb-sweeping Day in China from April 5-7 will create supply shortageKey quotes:...Read More
Shalina Resources and its Democratic Republic of the Congo (DRC)subsidiary, Chemaf SARL, have signed a marketing agreement for cobalt hydroxide with Trafigura, Chemaf said on Wednesday April 4. The marketing agreement covers cobalt output from existing producing assets operated by Chemaf - which specializes in cobalt and copper exploration, mining and processing in the DRC - and runs until Decembe...Read More
The US high-carbon ferro-manganese market weakened on Thursday March 29, as latent spot market demand and ample supplies wore on pricing. American Metal Market assessed spot prices for high-carbon ferro-manganese in-warehouse Pittsburg at $1,500-1,600 per long ton on Thursday, down 3.1% from $1,550-1,650 per long ton previously. The market has been bogged down by lackluster spot activity in r...Read More
China's domestic stainless steel prices fell again this week as high supply and weak demand continued to put pressure on the market.Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,800 yuan ($2,226-2,353) per tonne including VAT for the week ended Wednesday April 4, down 200-300 yuan per tonne from last Thursday. Buying in...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe.To view the latest price quotations, follow the links below:Europe- Ferro-vanadium delivered duty-paid in Europe- Vanadium pentoxide in-warehouse RotterdamChina- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Thursday March 29Ferro-vanad...Read More
The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday April 4:Aluminium scrap Group 1 pure 99% & litho: ?1,340-1,390 per tonne from ?1,380-1,430 per tonneCommercial pure cuttings: ?1,130-1,180 per tonne from ?1,150-1,200 per tonneClean HE9 extrusions: ?1,340-1,390 per...Read More
Aluminium ingot ADC 12 export prices fell after China dealt a serious blow to the raw material market with a blanket 25% tariff on US aluminium scrap.The move by China has meant that more domestic producers are looking to tolling deals to avoid paying the 25% import tax. Under the tolling deals, Chinese secondary alloy producers can import raw materials such as aluminium scrap from overseas and pr...Read More
Metal Bulletin looks at seven key things discussed in Xi'an last month at China Iron & Steel Association's 16th International Steel Market and Trade Conference that will have a major impact on the Asian and Chinese steel markets in the coming years.China plans to cut another 30 million tonnes of steel capacity in 2018China is planning to cut another 30 million tonnes of steel capacity in 2018 as p...Read More
Chinese aluminium and aluminium products are among a list of 1,300 items that the United States is targeting with a 25% import tax following its Section 301 investigation - a move which the Chinese Ministry of Commerce (MOC) said it "strongly condemns and firmly opposes."The office of the US Trade Representative (USTR) on Tuesday April 3 released a proposed tariff list on Chinese products which in...Read More
Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Wednesday it had increase to 90% its stake in Compa???-a Minera Teck Quebrada Blanca, which main asset is the namesake copper mine in Northern Chile.The Vancouver-based miner said the deal, worth $162.5 million, simplifies the ownership of Quebrada Blanca, giving Teck additional flexibility with respect to fin...Read More
Mining companies saw its shares plummet along with metal prices on Wednesday as trade tensions between the United States and China escalated, with Beijing hitting back at Trump's plans to impose $50 billion in tariffs to goods from the Asian superpower.China retaliated with a list of duties on key US imports, including soybeans, planes, cars, whiskey and chemicals, less than 11 hours after Washing...Read More
Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) has won a key battle in its ongoing row with Greece after an arbitration panel ruled in favour of the company's plans to build a plant for treating concentrates form the Olympias and Skouries projects, in the country's north.The panel rejected allegations that a technical study submitted by Eldorado was deficient and in violation of a transfer contract an...Read More
Weekly Reports |Apr 04 2018The spot uranium market saw its second highest monthly turnover in March, but still prices slip away.-Volumes up-Prices down By Greg PeelThis week's report is relatively brief given last week's Good Friday holiday.In the week prior, the US Department of Energy announced it would suspend periodic sales of government held uranium which were being used to fund the clean-up...Read More
Power Americas Minerals Corp. (TSXV:PAM) has an ongoing strategy to acquire cobalt projects in the Cobalt CampUbika Research has released an initiation report on Power Americas Minerals Corp. (TSXV:PAM), an energy-metals explorer focused primarily on its Kittson Cobalt Project located in northern Ontario. Power Americas Minerals recently completed a ~2,000m diamond drill program on the Kittson p...Read More
Jason Liosatos' talk with Paul Craig Roberts, former secretary in the Treasury under Ronald Reagan. We discuss Russia phobia, the Skripal Novichok poisoning, the Boris Johnson and Theresa May lies and false allegations, and whether they are sane and balanced enough to be in such positions of responsibility. Paul also explains the Middle East situation, Syria, the Deep State and much more.Paul Crai...Read More
Jordan Roy-Byrne looks at the recent moves in yields and assess what is important to watch moving forward. He also looks at how higher rates could impact the markets, which are the main factor keeping a lid on the metals prices. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publica...Read More
When you delete your account, people won't be able to see it on Facebook. It may take up to 90 days from the beginning of the deletion process to delete all of the thingsContinue...Read More
According to a recent study conducted by the National Institute on Retirement Security, 66% of working millennials - those born between 1981 and 1991 - have nothing saved for retirement.The study also points out that just 5% of working millennials are saving as much as financial experts recommend. The recommendation is 15% to 22% of salary, twice the amount recommended for previous generations.It'...Read More
Apr 06, 2018 Guest(s): Mark Cuban Owner, Dallas Mavericks "I hate gold. Gold is a religion," Mark Cuban, owner of the Dallas Mavericks, told Kitco News in an exclusive interview at the Three Sharks In A Castle Symposium. "I do not see it as an alternative to currency." Cuban said that while there may be some fundamental value to gold, "everything else is a collectible," he said, adding that gold...Read More