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Flat Steel Products Trade Log, April 9, 2019

April 10, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transactions: hot-rolled coilHot-rolled coilEast China, domestic,...Read More

Slab import prices in Asia narrow downward on weak buying interest

April 10, 2019 / www.metalbulletin.com

Import prices for steel slab in Southeast Asia and East Asia dipped slightly over the past week amid softening demand in the region.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $490-495 per tonne cfr on Monday April 8, narrowing downward by $5 per tonne from $490-500 per tonne a week earlier.Mills in...Read More

Major expansions will include direct to blister smelter

April 10, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxThe DRC project is set to produce extremely high-grade concentrate containing 57% copper with essentially zero arsenic when the 6 million tonnes per year Kakula mine comes on stream, possibly fromRead More

Copper deficit overstated; is oversupply coming?

April 09, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarx"Producers have had a positive view for some time as the consensus has been that the world needs new mines, but our analysis is starting to show that deficits are neither as large or as long as peopleRead More

IRON ORE DAILY: Prices dip after rising above $95 per tonne

April 10, 2019 / www.metalbulletin.com

Seaborne iron ore prices corrected down slightly on Tuesday April 9 after surging past $95 per tonne cfr China on Monday.MB 62% Fe Iron Ore Index: $94.85 per tonne cfr Qingdao, down $0.45 per tonne. MB 62% Fe Pilbara Blend Fines Index: $93.97 per tonne cfr Qingdao, down $0.45 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $96.99 per tonne cfr Qingdao, down $0.61 per tonne. MB 58% Fe Premium Inde...Read More

Market Summary: China data and trade talks key for Q2 price direction

April 09, 2019 / www.metalbulletinresearch.com

China...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.Subs...Read More

Trade war acts as brake on copper investment

April 09, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxIn a presentation entitled, 2019: The year of Chilean mining, the minister commented that while copper demand was forecast to increase 2.Read More

Steelmaking Raw Materials Trade Log, April 8, 2019

April 10, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreVale, Beijing Iron...Read More

Aluminium: Short-term risks to the downside

April 09, 2019 / www.metalbulletinresearch.com

Prices continue to range-trade, shrugging off...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 i...Read More

Technical analysis: Key technical levels being tested

April 09, 2019 / www.metalbulletinresearch.com

Aluminium The LME aluminium price produced a fresh April low on Monday this week, and traded at $1,866 per tonne. Sellers were in complete control and the lack of buying pressure means that, technically, more downside can be expected from aluminium prices in the short term. That said, both the daily RSI and stochastic lines have reached oversold territory and there is a chance that the retest...Read More

Copper: TC/RCs down, prices and premiums to rise

April 09, 2019 / www.metalbulletinresearch.com

Higher premiums coming, but it has...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 soo...Read More

Euro Sun defends green plan for gold project

April 09, 2019 / www.mining-journal.com

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixThe company said it was commenting on its approach "in response to many...Read More

COKING COAL DAILY: Waiting game persists in seaborne market

April 10, 2019 / www.metalbulletin.com

An absence of firm offers and bids kept participants in the seaborne coking coal market on the sidelines on Tuesday April 9, with buyers in particular waiting for prices to bottom out."Current seaborne coking coal prices are already 100-200 yuan ($14.90-$29.80) per tonne lower than those for domestic materials [in China]. We are just hesitating about whether the price advantage makes up for the de...Read More

Nicola intersects 'significant mineralisation' north of old mine

April 09, 2019 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAmong the latest results, it reported 76.6m at 1.35% copper-equivalent, including 33.65m at...Read More

Lead: Sentiment in the doldrums

April 09, 2019 / www.metalbulletinresearch.com

Glass half empty for lead,...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&...Read More

Seaborne iron ore concentrate, pellet trading still inactive

April 10, 2019 / www.metalbulletin.com

The seaborne iron ore concentrate and pellet markets remained muted in the week ended on Friday April 5 despite the surges in iron-ore fines prices.ConcentrateFastmarkets' weekly MB 66% Fe Iron Ore Concentrate Index stood at $104.12 per tonne cfr China on Friday April 5, up by $7.39 per tonne from March 29.Fastmarkets' daily MB 65% Fe Iron Ore Index averaged $103.64 per tonne cfr China last week,...Read More

Nickel: All eyes on Shanghai

April 09, 2019 / www.metalbulletinresearch.com

Fastmarkets is holding its second annual Battery Materials...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...Read More

Thai Nguyen Iron & Steel bankruptcy will have limited impact on Vietnam scrap imports, sources say

April 10, 2019 / www.metalbulletin.com

The impending bankruptcy which Vietnam's Thai Nguyen Iron and Steel Joint Stock Company is facing will have limited impact on the Vietnam ferrous scrap import market, market sources told Fastmarkets MB this week.This is because the state-owned company has not been buying imported ferrous scrap since the last quarter of 2018."The company lost its scrap import licence last year, and is only purchasi...Read More

Tin: Price correction unfolding, as expected

April 09, 2019 / www.metalbulletinresearch.com

Price correction unfolding, as expected... While...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 lates...Read More

PRICING NOTICE: Clarification on MB 65% Fe Iron Ore Value-In-Use Index

April 10, 2019 / www.metalbulletin.com

Fastmarkets wishes to clarify a discrepancy in the publication of its 65% Fe Value-In-Use Index on March 11.The weekly Fastmarkets MB 65% Fe Iron Ore Value-In-Use Index, indicating the value of a 1% iron content differential in the 63-66% Fe range, was published incorrectly as $1.73 per tonne in the MBIOI email alert and PDF attachment on March 11 and subsequent dates due to an administrative erro...Read More

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