The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe, and China....Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China....Read More
Three-month base metals prices on the London Metal Exchange were positively higher in the morning of Thursday August 9, with the complex up an average of 0.4%. Leading the gains was LME copper, up 1.1%, followed by tin (+0.5%), lead and zinc (both up 0.4%). Meanwhile, aluminium is up 0.1%, consolidating after yesterday's strong surge of 3.2% amid industrial action at Alcoa’s Pinjarra alumina...Read More
Turkish deep-sea scrap import prices have gone down with the news of a fresh Baltic Sea cargo, despite overall demand still being very weak, sources said on Thursday August 9....Read More
China's ferrous futures were mixed in the morning trading of August 9 on unclear sentiment. Carbon steel and raw materials contracts diverged in price direction....Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 point in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for weekly Jobless Claims was 220,000 versus a revised 219,000 last week. Actual was 213,000. Consensus for July Producer Prices was an increase of 0.2% versus a gain of 0.1% in June. Actual...Read More
China's domestic rebar prices remained on a downward trend on Thursday August 9, with little trading activity apparent in the market....Read More
China's hot-rolled coil prices fell on Thursday August 9, dragged down by low demand....Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday August 9*...Read More
Three-month base metals prices on the London Metal Exchange were positively higher in the morning of Thursday August 9, with the complex up an average of 0.4%. Leading the gains was LME copper, up 1.1%, followed by tin (+0.5%), lead and zinc (both up 0.4%). Meanwhile, aluminium is up 0.1%, consolidating after yesterday's strong surge of 3.2% amid industrial action at Alcoa's Pinjarra alumina refin...Read More
Chinese cobalt sulfate prices continued to edge lower, although the pace of has declined slowed as spot prices have fallen to below production costs. ...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday August 9.Check Metal Bulletin's live futures report here.LME snapshot at 0137 London timeLatest 3M LME Prices Price ($/t) Change since yesterday's close ($)Copper6,171.50-1.5Aluminium2,130.5024.5Lead2,1402.5Zinc2,597-15Tin19515115Nickel13,950-100SHFE snapshot at 0937 S...Read More
Chinese cobalt sulfate trade log including business, bids and offers reported to Metal Bulletin....Read More
Import prices for stainless steel in East Asia kept largely steady over the past week, amid stable domestic demand in China and tepid regional demand....Read More
China's domestic stainless steel prices were unchanged over the past week amid weak demand....Read More
CIS export billet prices softened somewhat on Thursday August 9 with a lack of supporting factors in the market, Metal Bulletin has heard....Read More
Gold is trading modestly higher today, with the most active December’s futures contract currently trading up $3.20 and fixed at $1221.50. Today’s net gain is a direct result of fractional buying as well as a modestly lower U.S. dollar.This can be best illustrated when looking at physical gold, which is currently fixed at $1213.20. Today’s net gain of $2.70 can be divided with alm...Read More
(Kitco News) - Iamgold Corp. (TSX: IMG; NYSE: IAG) reported a higher adjusted profit in the second quarter Wednesday, with revenue rising on higher gold prices even though sales dipped slightly.Excluding special items, adjusted net earnings were put at $13.1 million, or 3 cents share, up from $4.3 million, or a penny, in the same quarter a year ago.The company listed a net loss of $26.2 million, o...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
WASHINGTON (Reuters) - The Trump administration moved on Wednesday to drastically shrink a government agency tasked with identifying looming financial risks, notifying around 40 staff members they would be laid off, according to a person familiar with the changes.The employees at the Office of Financial Research (OFR) were told on Wednesday they will lose their jobs as part of a broader reorganiza...Read More