Metal Bulletin's low-grade cadmium prices rose by 4.9% in the latest pricing session on strong demand from India. The 99.95% cadmium quotation rose to 120-133 cents per lb on Wednesday February 14 from 117-133 cents on Friday, while the 99.99% quotation remained stable at 120-135 cents per lb. "There is huge demand in India for cadmium and a lack of availability in the market," a trader...Read More
Key data from the Wednesday February 14 pricing session in Europe:Key data from the Wednesday February 14 pricing session in Europe:Indium ingots MB $/kg in-warehouse Rotterdam Key drivers - Crude supply tightness -...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
The following Metal Bulletin minor metals prices changed on Wednesday February 14:Antimony MMTA standard grade II, $/tonne: $8,400-8,700 per tonne from $8,400-8,600 Cadmium MB free market min 99.95%, cents/lb:...Read More
The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday February 14:Aluminium scrap Group 1 pure 99% & litho: ?1,400-1,450 per tonne from ?1,420-1,470 Commercial pure cuttings:...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.But with the US economy now booming and predicted to accelerate this year, it looks as if things can only get better through 2018. Unsurprisingly, some of the most profi...Read More
Feb 14 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times* Britain's statistics agency, the ONS, said it was changing its schedule for the release of labour market data to give lawmakers more time to understand the politically sensitive jobs figures ahead of parliamentary...Read More
(Adds background)SEOUL, Feb 14 (Reuters) - South Korea's trade ministry said on Wednesday it will take a dispute to the World Trade Organization against the United States for imposing high anti-dumping duties on South Korean steel and transformers. The move comes after the United States in May 2016 slapped anti-dumping duties on Korean steel products and transformers of up to 60.81 percent by app...Read More
(Kitco News) - Markets are very much preoccupied with volatility in the equity space at the moment and many investors are overlooking serious geopolitical risks, which could push gold prices up, according to Saxo Bank.“The market is so focused on NASDAQ volatility that a lot of geopolitical risk is being ignored,” chief economist at Saxo Bank Steen Jakobsen said in a note published on...Read More
Dollar weakness continues to accelerate, with the dollar index breaking below 90 today. As of 4:00 PM Eastern standard time, the U.S. dollar index is trading off by 51 points and is currently fixed at 89.58. This marks the second consecutive day of lower pricing.The dollar has been in a defined, slow, and methodical decline since November of last year when the dollar index was trading at roughly 9...Read More
(Kitco News) - Gold prices were ending the U.S. day session modestly up Tuesday. A weakening U.S. dollar index early this week is propping up the precious metals markets. There was also some mild safe-haven demand featured today, as the U.S. stock market is lower, but so far in an orderly fashion. April Comex gold futures were last up $4.70 an ounce at $1,331.00. March Comex silver was last down...Read More
(Kitco News) - While the shine has come off Platinum Group Metals in the past month, some analysts continue to see potential for the precious metals throughout the year.After a stellar 2017, palladium has led the selloff in the PGM market, dropping more than 13% from its all-time highs seen a month ago. March palladium futures last traded at $982.30 an ounce. At the same time, the spread has close...Read More
(Kitco News) - The gold market is regaining some lost ground Tuesday, benefiting from a weaker U.S. dollar as markets continue to digest President Donald Trump’s proposed budget for 2019.April gold futures last traded at $1,331 an ounce, up 0.35% on the day. The gains come as the U.S. Dollar index has dropped below the critical psychological level of 90 points. The USD Index last traded at 8...Read More