ICSG shows a lack of fundamental...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
Swing from deficit to balance...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
Share this articleThe Neal Project in Idaho, USA. Source: Pure Nickel Inc.Pure Nickel Inc. [NIC-TSXV; PNCKF-OTC] said Tuesday April 30 that it has signed a deal with a numbered company controlled by Eric Sprott that outlines the arm's length terms for the acquisition by Pure Nickel of a 51% interest in the Neal Development Ltd. Partnership from Sprott Mining, and the option to acquire an additiona...Read More
Monthly deficits continue, but are staying small The...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the l...Read More
Intense sell-off so far in April ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
Spreads trigger stock inflows, dent price...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Base metals prices on the London Metal Exchange were for the most part treading water this morning, Tuesday April 30, while the market digests the disappointing Chinese data released earlier. This, combined with the fact that many Asian market participants are away for holidays this week, is likely to lead to subdued trading – but reduced liquidity could also lead to increased volatility. Bas...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. The Canadian Dollar was virtually unchanged at 74.34 cents U.S. following release of the February GDP report. Consensus was an increase of 0.1% versus a gain of 0.3% in January. Actual was a decrease of 0.1%.Alphabet dropped $95.20 to $1201.00 after releasing less than consensus first quarte...Read More
Billet producers from the Commonwealth of Independent States (CIS) reduced their prices in the week ended Friday April 26 to attract buyers, and this affected the markets in most regions.But producers in other regions, such as Turkey, were not able to follow this tactic due to the strong prices in their regions for scrap raw materials.For example, Fastmarkets' daily ferrous scrap index for Norther...Read More
Steel production has stopped at the Algerian steel mill of Turkish steelmaker Tosyali after a workers' strike began on Wednesday April 24, according to local newspaper reports. Tosyali could not be reached for comment at the time of publication. "Production at Tosyali has stopped, and in the past two or three days, we have seen increased Algerian interest for wire rod imports from Italy and Spain,...Read More
If the United States places import tariffs on cars produced in Germany it could trigger an economic slowdown in Germany, corporate audit director of Czech steel distributor Ferona, Jan Moravec, said at Eurometal's Regional Meeting in Central Europe held in Prague on April 25.One of the major risks to the German steel industry is the import tariffs in the United States, Moravec said.Tariffs on impo...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
Billet producers from the Commonwealth of Independent States (CIS) reduced their prices in the week ended Friday April 26 to attract buyers, and this affected the markets in most regions.But producers in other regions, such as Turkey, were not able to follow this tactic due to the strong prices in their regions for scrap raw materials.For example, Fastmarkets' daily ferrous scrap index for Norther...Read More
Here are five Fastmarkets MB stories you might have missed on Friday April 26 that are worth another look.The United States-Mexico-Canada Agreement (USMCA) is doomed unless President Donald Trump's administration removes Section 232 tariffs - and the threat of quotas - from steel and aluminium imported from the United States' neighbors, two trade experts said.Warrant traders are reporting an uptic...Read More
Here are five Fastmarkets MB stories you might have missed on Friday April 26 that are worth another look.The United States-Mexico-Canada Agreement (USMCA) is doomed unless President Donald Trump's administration removes Section 232 tariffs - and the threat of quotas - from steel and aluminium imported from the United States' neighbors, two trade experts said.Warrant traders are reporting an uptic...Read More
London Metal Exchange base metals prices have generally been weak in recent days but some dip-buying seems to be emerging, which for now is providing support. But, with much of Asia in, or heading for, Golden Week and Labor Day holidays, liquidity is likely to shrink either leading to more volatility, or quiet trading in the days ahead. Base metals Three-month base metals prices on the L...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for March Personal Income was an increase of 0.3% versus a gain of 0.2% I February. Actual was a gain of 0.1%. Consensus for March Personal Spending was an increase of 0.7% versus an increase o...Read More
Steel production has stopped at the Algerian steel mill of Turkish steelmaker Tosyali after a workers' strike began on Wednesday April 24, according to local newspaper reports. Tosyali could not be reached for comment at the time of publication. "Production at Tosyali has stopped, and in the past two or three days, we have seen increased Algerian interest for wire rod imports from Italy and Spain,...Read More