Global output of direct-reduced iron (DRI) increased by 21.2% year-on-year in July 2018, according to statistics published by the World Steel Association (Worldsteel) this week....Read More
Seaborne iron ore transactions slowed down on Wednesday August 29 with higher prices reported for 65% Fe fines as well as lumps....Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More
The Chinese seaborne coking coal spot market edged up following a rush of trades and an increase in inquiries from end-users....Read More
BHP expects grade differentials to persist in the iron ore market, with iron units in ore and penalties for impurities expected to remain the key drivers of the trend....Read More
US metallurgical coal producer Corsa Coal expects prices of the steelmaking raw material to be supported for the rest of the year, especially amid strong domestic demand and supply bottlenecks. ...Read More
China's domestic hot-rolled coil prices slid in the afternoon of Wednesday August 29 on futures losses, with sentiment dampened by news that inventory levels for the flat steel product grew in the country's central and western regions....Read More
China's domestic rebar prices increased on early-hour gains in the futures market as well as that in that for billet, though trading activity remained mixed in different regions. ...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from the Wednesday August 29 pricing session in London....Read More
Key data from the Wednesday August 29 pricing session in London....Read More
The following Metal Bulletin minor metals prices changed on Wednesday August 29:...Read More
Antimony prices in Europe and China rose in the week ended Friday August 24 amid concerns of tightened supply due to the latter's continued crackdown on antimony smuggling at the China-Vietnam border....Read More
The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday August 29:...Read More
Import prices for steel billet in Southeast Asia were flat on Wednesday August 29, with most participants holding off on offers and bids following the recovery in prices from major supplier Turkey....Read More
Gold futures are trading under pressure today with the most active December Comex contract currently down $8.80 (-0.72%) and fixed at $1,207 20. After gaining over $20 in value on Friday, gold tracked fractionally higher in trading yesterday. However, closing occurred below a key technical resistance level at $1,217 per ounce. Today gold opened right at resistance at $1,217.70 and traded to an int...Read More
(Kitco News) - Gold prices are slightly lower in early-afternoon U.S. trading Tuesday, after hitting a two-week high overnight. Some normal profit-taking from the shorter-term futures traders was featured today, following decent gains the past few sessions that do suggest the yellow metal has put in a near-term market bottom. December gold futures were last down $1.40 an ounce at $1,214.60. Decemb...Read More
(Kitco News) - Gold prices are trading near steady levels in late-morning U.S. dealings Tuesday, and have lost their modest overnight gains. With U.S. stock indexes hitting record highs, investor and trader optimism is running high, and that's putting some downside price pressure on the safe-haven metals markets. December gold was last up $0.40 at $1,216.40. By Jim Wyckoff For Kitco NewsFollow @j...Read More
Editor's Note: The article was updated reflect a drop in prices.(Kitco News) - In delayed reaction, the gold market has been unble to on to modest gains, falling from a two-week high as U.S. consumer confidence surges higher.Tuesday, the U.S. Conference Board, said that is Consumer Confidence Index increased to a reading of 133.4 in August, up from July's revised reading of 127.9 and handily beati...Read More
Gold has edged modestly higher again early Tuesday in response to currency-market movements, and the yellow metal may have more upside in store, assuming the U.S. dollar continues to cooperate, says Lukman Otunuga, research analyst at FXTM. Gold tends to move inversely to the greenback. Shortly before 8:30 a.m. EDT, spot gold was $1 higher at $1,211.80 an ounce. “Gold prices edged to a fresh...Read More