Cobalt traders are taking advantage of pronounced arbitrage opportunities arising out of regional variations in price moves and buying preferences between China and Europe. In seasonally-slow summer trading, such activity has contributed to steep falls in physical prices in the international market in recent weeks. Metal Bulletin assessed low-grade and high-grade cobalt prices at $3...Read More
European alloy steel surcharges have dropped for August deliveries of grade-304 cold-rolled (CR) stainless steel sheet, after six consecutive months of growth, because of the recent fall in the cost of nickel....Read More
The UK light iron scrap market edged down this week following the same negative market sentiment from last week, after continued weakness in the Turkish market, sources told Metal Bulletin....Read More
The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday July 27:...Read More
Import prices for containerized heavy melting scrap (HMS) in Taiwan softened further this week on ample supply and poor end-user demand....Read More
Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More
Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More
Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More
Teck Resources has sold formerly prohibited zinc concentrates from its Red Dog mine into China, a move that could lead to a more liquid global spot market for the commodity....Read More
An overview of the battery raw materials markets and their price moves from the past week.[Editor's note: This article was updated on Monday July 30 to replace an...Read More
An overview of the battery raw materials markets and their price moves from the past week.[Editor's note: This article was updated on Monday July 30 to replace an...Read More
Nickel Tips – nickel buy Call ca2 given at price 432.50 (435+430) CMP 438.50. Low risk taker book 6 x 2 lot = 12 Points hereca2 :Nickel Calls Today - Buy Nickel at CMP 435, Add more if price 430 with SL 426 for Target 443 - 448 Read More
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) late Thursday reported that the company was profitable in the second quarter, with gold production so far this year on track to exceed 2018 guidance.Net earnings were put at $18 million, or 2 cents per share, a turnaround from a net loss of $39.9 million, or 4 cents, in the second quarter of 2017. Excluding special items, the company’s income would be a...Read More
Nickel Calls Today – Buy Nickel at CMP 435, Add more if price 430 with SL 426 for Target 443 – 448 Read More
NEW YORK (Reuters) - The euro fell on Thursday, declining the most in a month, as the European Central Bank clung to its easy money policy and signaled no change in its timetable to move away from ultra low rates or end its bond purchase program.Sterling, already pressured by a strong dollar, fell on the European Union’s rejection of key elements of Britain’s new trade proposals after...Read More
(Kitco News) - Despite its continued underperformance within the precious metals market, one global investment firm remains optimistic that silver will regain its luster.In an interview with Kitco News, Nicolas Robin, portfolio manager for commodity investments at Columbia Threadneedle Investments, said that when interest in the precious metals sector picks up, he expects silver to outperform gold...Read More
(Kitco News) - There's an old trading adage that says when the major, mainstream business media finally catches wind of a major market move and then reports on it, that market move has then very likely run its course. Thursday, a Barron's report on Dow Jones Newswires entitled "Gold Could Be in a Prolonged Tailspin" suggested the yellow metal's price will not recover any time soon. In fa...Read More
COPPER TARGETCopper Target Tips – Copper SELL Call given at price 432.10 Achieved 1st Target 430 & 2nd Target 429. CMP 428.50. Total profit of 3.10 x 2 lot = 6.20 Points / Rs 6200 Read More
(Kitco News) - Gold prices are moderately lower and silver prices are slightly down in early-afternoon U.S. trading Thursday. Bearish near-term technical postures for gold and silver combined with no major fundamental news to drive the markets at present are allowing both metals prices to drift sideways to lower. August gold futures were last down $5.40 an ounce at $1,226.40. September Comex silve...Read More
Intraday Copper Today – SELL 2 lot Copper at CMP 432.10 for Target 430 – 429 with SL Above price 434.20 Read More