Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday August 16....Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade. Index futures are responding to news of renewed trade talks between China and the U.S. as well as better than expected quarterly reports by two Dow Jones Industrial stocks. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobl...Read More
The Turkish steel producers have extended their silence in the deep-sea scrap markets amid the uncertainty caused by the tensions between the United States and Turkey, sources said on Thursday August 16....Read More
The UK Competition and Markets Authority (CMA) has ordered European Metal Recycling (EMR) to sell five of the scrap metal waste yards that it bought from Metal Waste Recycling (MWR) because of concerns about reduced competition....Read More
Physical iron ore was traded at lower prices on Thursday August 16 following further losses in the paper market....Read More
Lower offers on a trading platform in contrast with actual transactions for seaborne coking coal on Thursday August 16 have left market participants in a state of confusion....Read More
China's metallurgical coke market is picking up strength in August, with domestic prices soaring amid supply concerns, pushing up export offers....Read More
China's ferrous futures picked up strength during the early trading session on Thursday August 16 after two subdued mornings, with the rebar and coke contracts leading the charge....Read More
Base metals prices on the London Metal Exchange were broadly higher during morning trading on Thursday August 16, recovery slightly after reaching fresh 2018 lows at the close of trading on Wednesday. ...Read More
China's growing focus on antimony smuggling along the China-Vietnam border has left many in the antimony market worried they will not get their contracts fulfilled. ...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
The latest metal markets news and price moves to start the North American day on Thursday August 16....Read More
Key data from the Wednesday August 15 pricing session in Shanghai. ...Read More
Import prices for stainless steel in East Asia dipped slightly over the past week on mills' lower offers and weak regional demand....Read More
China's domestic stainless steel prices moved down over the past week on soft demand and losses in the nickel market. ...Read More
Copper and brass scrap discounts in the United States were mixed, with some widening this past week while others held steady; and brass ingot makers' scrap prices dropped across the board amid news of a decline in Comex copper prices....Read More
Key data from the Wednesday August 15 pricing session in Asia. ...Read More
p>Gold prices declined dramatically today with December futures trading to a low of $1,180. As of 4:30 PM Eastern standard time, gold futures have come off of the lows and are trading at $1,182.30, which is a net decline of $18.40. The selling began with dollar strength moving the precious yellow metal lower. At its high, the dollar index traded to 96.87. However, as the dollar moved off of its hi...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
(Kitco News) - Copper prices tumbled on the news that the world’s largest copper mine might be saved from another strike, keeping investors focused on the supply/demand part of the market.The price of copper plunged to the lowest level since May, with the September N.Y. copper last trading at 257 cents, down 4.01% on the day. There were reports early Wednesday about a proposal being pre...Read More