China will allow 15,000 tonnes of ferrous scrap to be imported in 2019, according to a notice seen by Fastmarkets MB this week.The China Solid Waste & Chemicals Management Center listed nine companies in Zhejiang province that have been awarded quotas to import ferrous scrap through ports in the cities of Ningbo and Shanghai. The companies, listed below, can use their quotas in the third and fourt...Read More
Michael Overlander will leave his role as chief executive officer at Sucden Financial and move to become non-executive Chairman of the company, effective of January 1, 2020. Current deputy CEO Marc Bailey will take over the role of CEO from Overlander, Sucden confirmed on July 3. Overlander has worked for the Sucden Group since 1973 and was appointed to the board of Sucden Financial in 1984. He ha...Read More
Exporters of Chinese hot-rolled coil pushed ahead with higher prices on Wednesday July 3 on expectations of a turnaround of the domestic market, notwithstanding the day's losses.DomesticEastern China (Shanghai): 3,890-3,900 yuan ($566-568) per tonne, down 30 yuan per tonneNorthern China (Tianjin): 3,850-3,860 yuan per tonne, down 30 yuan per tonneSpot prices fell further after mills lowered their...Read More
The following Fastmarkets minor metals prices changed on Wednesday July 3:Minor metalsAntimony MB free market regulus, $/tonne: $6,100-6,250 per tonne from $6,180-6,400Antimony MMTA standard grade II, $/tonne: $6,000-6,200 per tonne from $6,100-6,350Antimony MB Chinese free market MMTA standard grade II, yuan/tonne: 37,500-39,000 yuan per tonne from 38,000-39,000 yuanBismuth...Read More
Key data from the Fastmarkets' Wednesday July 3 pricing session in Europe:Key drivers The European ferro-titanium price fell for the sixth consecutive week after six weeks of stability.Demand has been quiet while the market moves into the seasonal summer slowdown, although some European suppliers say they are resisting going as low as the prices currently being offered from Russia. The initial bou...Read More
China's leading stainless steel mills -Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - have cut their July tender prices for high-carbon ferro-chrome by 450-500 ($65-72) yuan per tonne month on month on July 3.Tsingshan and Baosteel announced the month on month 450-yuan-per tonne reduction in their July tender prices for high-carbon ferro-chrome earlier in the morning on July 3, with...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday July 3:Aluminium scrapCommercial pure cuttings: ?870-920 per tonne from ?900-950Loose old rolled cuttings:...Read More
Demand for flat steel in Turkey failed to improve in June even after the United States halved its import tariffs for Turkish steel to 25%, market participants told Fastmarkets.And local producers have now filled their order books until late August, they said on Wednesday July 3. Turkish steel prices started to rise on May 17 after US import duties of 50% introduced in August 2018 were cut to...Read More
Yesterday, the Dow Jones Industrial Average moved above its previous inter-day high at 26,951.81 to close at an all-time high.The NASDAQ Composite Index closed just below its inter-day all-time high at 8,176.08. StockTwits released yesterday @EquityClockPharmaceutical ETF $PPH moved above $59.16 setting an intermediate uptrend.Technical action by S&P 500 stocks to 10:00: Quiet. Intermedia...Read More
Free Nickel Intraday – BUY Nickel at CMP 881.0 for Target 888.20 – 892.60 with SL 774.90 (small SL) Read More
FREE NICKEL EXPERT TIPSFree Nickel Expert Tips – Nickel Buy Call 1c4a given at 874 Achieved 1st Target 884. Made 885.50. Total Profit of 10 Points per lotTIPS ID 1c4a : Free Nickel Tips Today - BUY Nickel at CMP 874 Add more at price 868 with SL 862 for Target 884 - 890 - 994 Read More
TODAY NICKEL LIVE TIPSToday Nickel Live Tips – Nickel Buy Call 1c45 given at price 869 Achieved 1st Target 875. CMP 884.20. Profit of 15.20 Points per lotTIPS ID 1c45 : Nickel Calls - Buy Nickel at CMP 869.0 with Small SL 864.40 for Target 875 - 889 Read More
Copper Calls – SELL Copper 2 lot at CMP 437.50 Add more 2 Sell at 439 with SL 440.10 for Target 435 – 434 Read More
Free Zinc Calls – BUY Zinc at CMP 199.10 for Target 200.10 – 200.90 with SL 197.90 Read More
Free Nickel Tips Today – BUY Nickel at CMP 874 Add more at price 868 with SL 862 for Target 884 – 890 – 994 Read More
MCX LEAD CALLS FREEMcx Lead Calls Free – Lead Buy Call 1c46 given at 152.60 CMP 153.20. Low risk taker book 0.60 Points/ Rs 3000 per lot RISK taker HOLD with SL to CostTIPS ID 1c46 : Lead Calls - BUY Lead at CMP 152.60 for Target 153.60 - 154 with SL 151.90 Read More
FREE MCX NICKEL TIPSFree Mcx Nickel Tips -Nickel Buy Call 1c45 given at 869 Achieved 1st Target 875. Made 875.5. Profit of 6 Points per lotTIPS ID 1c45 : Nickel Calls - Buy Nickel at CMP 869.0 with Small SL 864.40 for Target 875 - 889 Read More
Lead Calls – BUY Lead at CMP 152.60 for Target 153.60 – 154 with SL 151.90 Read More
Nickel Calls – Buy Nickel at CMP 869.0 with Small SL 864.40 for Target 875 – 889 Read More
ZINC COMMODITY LIVE TIPSZinc Commodity Live tips – Today Zinc Sell Call 1c3e given at 198.80 Achieved 1st Target 197.80. Total 1 Points/ Rs 5000 profit per lotTIPS ID 1c3e : Today Zinc Call - SELL Zinc at CMP 198.80 for Target 197.80 - 197 with SL 199.60 Read More