SHANGHAI, Mar 26 (SMM) – After it was forecast that Tangshan's air pollution is likely to reach the orange level, the city activated its emergency level ?...? response to heavy air pollution at 20:00 on March 25 until further notice, SMM learned.An orange-level alert is the second-highest in China’s four-level air pollution warning system. An orange-level alert indicates that...Read More

SHANGHAI, Mar 26 (SMM) – After it was forecast that Tangshan's air pollution is likely to reach the orange level, the city activated its emergency level ?...? response to heavy air pollution at 20:00 on March 25 until further notice, SMM learned.An orange-level alert is the second-highest in China’s four-level air pollution warning system. An orange-level alert indicates that...Read More

Regenerative medicinecompany, AVITA Medical (ASX:AVH | OTCQX:AVMXY), today revealed that it will bepresenting an economic model demonstrating the cost benefit of its RECELL (R)treatment at the International Society for Pharmacoeconomics and OutcomesResearch (ISPOR) 23rd Annual International Meeting.The abstract forpresentation, titled 'Inpatient Cost of Acute Care for Severe Burn Patients:Validati...Read More

Private Blog – Silver for the Close of MarchRead More

The following is a summary of our recent podcast, "Jeffrey Hirsch Says "Super Boom" Forecast Still in Play," which can be accessed on our site here or on iTunes here.Stock Trader Almanac's Jeffrey Hirsch breaks the market down into five major components: psychological, fundamental, technical, monetary and seasonal. In our last interview with him in December 2017, he noted that...Read More

SHANGHAI, Mar 26 (SMM)? 1/4 ? China releases data on its import and export of copper in Feruary 2018 (Unit: mt): Read More

SHANGHAI, Mar 26 (SMM) – The price spread between spot nickel briquette and Russian nickel plate stood at just 200 yuan/mt during the week ended March 23, compared with a typical price spread of 600-700 yuan/mt.This is because traders have held back from selling nickel briquette and offered high given their losses in imports, SMM believed.The average weekly loss of imported nickel briquette...Read More

Brazil has launched an anti-dumping investigation into imports of steel rolling-mill rollers from China, according to the country's foreign trade secretariat, Secex.The decision follows indications that Chinese rollers were entering the country at lower prices than domestic products, resulting in significant dumping margins, Secex said...Read More

EY said the move to more technologically advanced mine operating systems had been good for productivity but suggested some networks and even workstations were openly accessible online, with gaps coming because of lax standards away from miners' head offices.The fear of data intruders is not unreasonable. According to EY data, 55% of energy and resources companies surveyed had "experienced a s...Read More

SHANGHAI, Mar 26 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last Friday nightGrowing trade tension dragged the US dollar index down to a month-low of 89.496, down 0.4% during the day and 0.8% over the week.Such bearish sentiment also led base metals to fall across the board except for zinc. SHFE copper saw a smaller decline but fell cl...Read More

AuStar Gold Limited (ASX:AUL), formerly MantleMining (ASX:MNM), has updated the market this morning on the current drillingprogramme its undertaking at the Rose of Denmark (RoD) gold mine.Today's news is the fourth announcement fromthe company reporting significant assays from the ongoing drill programme at RoD,with highlights including: ?EUR? ROD021 1.3m at 45.4 g/t from 0.5m, including0.4m at 14...Read More

Much like mortgage debt is to home prices, margin debt is to stock prices. With the Dow rising 25% and hitting new record highs every fourth day on average during 2017, borrowings for stock purchases have been hitting new records in tandem. The fear surrounding this trend has been a perpetual worry during this bull market. Sensational headlines sell, but often ignore context.In the real world, it'...Read More

SHANGHAI, Mar 26 (SMM) – Spot copper in the Shanghai market was offered at a discount of 200-150 yuan/mt on the morning of Monday March 26, SMM learned. This compared with discounts of 190-130 yuan/mt on the morning of Friday March 23. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, please email service.e...Read More

SHANGHAI, Mar 26 (SMM) – High-grade nickel pig iron (NPI) plants in China saw mixed profits as of late-March mainly due to their locations and furnaces, SMM research showed.While some high-grade NPI plants in Shandong province registered profits of more than 30% higher than their cash costs, those in Jiangsu and Fujian provinces saw profits between 20-30%. In Inner Mongolia, however, profits...Read More

SHANGHAI, Mar 26 (SMM) –Copper: While the market was rattled by the rising trade tension, crude oil saw a big jump in prices, which may give certain support to copper prices. We expect LME copper to trade at $6,620-6,670/mt today with SHFE copper at 49,700-50,200 yuan/mt. In the physical market, spot discounts are seen at 140-220 yuan/mt with thin trading activity as downstream consumers tak...Read More

SHANGHAI, Mar 26 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last Friday nightGrowing trade tension dragged the US dollar index down to a month-low of 89.496, down 0.4% during the day and 0.8% over the week.Such bearish sentiment also led base metals to fall across the board except for zinc. SHFE copper saw a smaller decline but fell cl...Read More

SHANGHAI, Mar 26 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last Friday nightGrowing trade tension dragged the US dollar index down to a month-low of 89.496, down 0.4% during the day and 0.8% over the week.Such bearish sentiment also led base metals to fall across the board except for zinc. SHFE copper saw a smaller decline but fell cl...Read More

South Korea is working to ease the steel import quota limits imposed by the United States following its Section 232 investigations, the Korea Iron & Steel Association (Kisa) said on Monday March 26.The 70% quota is based on the average US import volumes from South Korea for 2015-2017, which is about 74% of 2017's total, and was imposed after the US exempted South Korea from the Sect...Read More

Colorado School of Mines PhD candidate Andrew Pfluger has been selected to receive the W. Wesley Eckenfelder Graduate Research Award for 2018 by the American Academy of Environmental Engineers and Scientists.The award is given each year to an environmental engineering or environmental science graduate student whose research contributes to the knowledge pool of wastewater management. Award selectio...Read More

SHANGHAI, Mar 26 (SMM) –Copper: While the market was rattled by the rising trade tension, crude oil saw a big jump in prices, which may give certain support to copper prices. We expect LME copper to trade at $6,620-6,670/mt today with SHFE copper at 49,700-50,200 yuan/mt. In the physical market, spot discounts are seen at 140-220 yuan/mt with thin trading activity as downstream consumers tak...Read More