Zinc's three-month price on the London Metal Exchange ticked higher during morning trading on Friday April 26, making headway back towards $2,800 per tonne and shrugging off fresh inflows of just under 4,000 tonnes into European locations.This month, more than 30,000 tonnes of zinc have been delivered into LME-registered warehouses, with over 20,000 tonnes sent to European warehouses in Rotterdam,...Read More

Generally London Metal Exchange prices have been weak in recent days and the strong dollar has been a factor in that, but dip-buying appears to be providing support in morning trading on Friday April 26. Asian equities generally weaker this morning Dollar index extends gains Market waiting for US GDP data Base metals Base metals prices on the LME were for the most part firmer across the...Read More

Only nickel prices on the Shanghai Futures Exchange managed to make significant headway during morning trading on Friday April 26, with the rest of the complex struggling against a firm US dollar.The most-traded June nickel contract on the SHFE stood at 98,350 yuan ($14,594) per tonne as at 10.22am Shanghai time on Friday, up by 0.7% or 650 yuan per tonne from Thursday's close of 97,700 yuan per t...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

The following Fastmarkets minor metals prices changed on Friday April 26:Minor metals Bismuth MB China domestic, yuan/tonne: 46,000-47,000 yuan per tonne from 46,800-47,800 yuanCadmium MB free market min 99.99%, cents/lb: 135-143 per lb from 137-143Chromium MB free market alumino-thermic, $/tonne: $8,200-8,700 per...Read More

An overview of the Chinese minor metals markets and the reasons for any price moves.Read More

Swedish steel trader BE Group believes that the second quarter of 2019 will be positive for the company's principal markets, it said on Thursday April 25."Demand in the next quarter is expected to remain strong in the company's main markets," president and chief executive officer Anders Martinsson said."Steel prices are expected to stay at the same level as in the first quarter, and the prices of...Read More

Monthly European alloy surcharges for stainless steel products have increased for May due to the euro's weak position against the dollar, Fastmarkets heard on Friday April 26.The May surcharge for grade-304 cold-rolled (CR) stainless sheet has increased to ?,?1,410-1,450 ($1,571-1,616) per tonne, a gain of ?,?20-23 per tonne from April levels, according to data released by Outokumpu, Acerinox and...Read More

China's leading stainless steel mills - Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - have released their May tender prices for high-carbon ferro-chrome this week, which are 50 and 200 yuan ($7.40 and 29.70) per tonne lower month on month. Tisco announced its May tender price for high-carbon ferro-chrome at 6,900 yuan per tonne on Wednesday April 24, a drop of 50 yuan per tonne from...Read More

The price of alloy steel scrap in Europe and the UK have decreased this week following lower nickel and ferrous scrap prices. The London Metal Exchange nickel price was the main driver behind the decline, having fallen to $12,345-12,350 per tonne on April 26 from $12,690-12,700 per tonne on April 18. Austenitic alloy scrap prices, for which nickel values are the most significant influence, reacted...Read More

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday April 26:Aluminium scrapFloated Frag: ?,?1,030-1,065 per tonne from ?,?1,030-1,075Cast: ?,?930-950 per...Read More

Vietnamese buyers have shifted their purchasing focus to Japanese H2 ferrous scrap in light of falling prices in the domestic Japan markets.However, prices in Taiwan rebounded on the back of firmer prices from key supplier the United States.Some market participants think that ferrous scrap prices have reached the bottom and will rebound soon, although others feel that more price falls will come du...Read More

Tata Steel aims to produce 32 million tonnes per year of crude steel at its Indian operations by 2025, the company said.The 2025 capacity target in India would constitute the entirety of the steelmakers' global crude capacity following the planned divestment of operations in Asia and a planned joint venture of European flat steel operations with Germany's ThyssenKrupp.Of the Indian steelmaker's cu...Read More

Since the year began, the TSX Index is up nearly 20%. With asset prices continuing to rise, it can be difficult to spot bargain stocks.Here are three stocks under $20 per share worthy of your attention. But take note: not all are buys.Crescent Point Energy Corp (TSX:CPG)(NYSE:CPG)Crescent Point has a volatile past.From 2002 to 2014, shares rose by more than 1,000%. Conditions took a turn for the w...Read More

RRSP investors, are you looking for quality stocks that you can tuck away into your portfolio and that will give you confidence that your money will grow well into your retirement years?For this, you should not only gather a list of top quality stocks, but you should also make sure your portfolio provides adequate diversification so that it can outperform in different economic and market environme...Read More

If there’s one thing you should buy during a continent-wide recession, it’s gold.This mineral is the king for a reason. People want it, people need it, and there will always be some place in this world that is willing to pay for it.That’s why today I’m recommending two strong gold stocks that could seriously bring your portfolio to the next level: Agnico-Eagle Mines (TSX:A...Read More

The latest commitment of traders report (COT report) showed that the hedge funds on the Comex (the "managed money" account) is now net short 33.9k contract of paper gold. This is a record net short position in paper gold for the managed money account on the Comex. The previous all-time high was 27.2k contracts at the end of December 2015.This explains a lot to me about the character of the pri...Read More

Tesla (NASDAQ: TSLA) shorts piled on big last week.After disappointing earnings, it was certainly fertile ground for a short attack.Most outspoken was was Gabe Hoffman, from Accipiter Capital Management, who said the following ..."The biggest issue for the stock is that Elon Musk - basically the lying magician - is not able to tell investors or his, you know, cult followers."Clearly Hoffman has an...Read More

Ron Struthers of Struthers' Resource Stock Report reviews results from drilling at the company's project, including a drill hole that intersected significant mineralization. I am very surprised at these great, high-grade results for the first drill pass on the first target at Zonte's Cross Hills. Before seeing more details below, or if you skip down lower, come back for some detail on IOCGs.What...Read More

Gold has failed to gaintraction over the past couple months, normally a seasonally-strong time.  That has really weighed on sentiment, leavingtraders increasingly bearish.  Goldinvestment demand has flagged dramatically with lofty stock markets spewinggreat euphoria.  That’s given gold-futuresspeculators the run of the market, where they have sold aggressively includingextreme...Read More