Daily PDFs will be downloadable until Friday April 19. After that, because of the UK's Easter holidays, the next daily PDF will be downloadable on Wednesday April 24.Read More
Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama declined by 7.7% month-on-month in September, data released by major Japanese trading house Marubeni Corp on Wednesday April 17 showed.Total aluminium stocks at the three ports totaled 295,900 tonnes at the end of March, compared with 319,700 tonnes at the end of February, reversing the increase seen from...Read More
Wire rod prices in the United States have deteriorated for a third consecutive month due to a range of factors, with prices for imported material also down on fresh cfr offers originating from Europe, Africa and Asia, market sources said.Fastmarkets AMM's assessment for industrial quality low-carbon wire rod was at $37-38 per hundredweight ($740-760 per short ton) fob mill on Tuesday April 16, dow...Read More
The European Commission (EC), under its EU Merger Regulation, has approved Liberty House Group as a suitable purchaser of several steel plants put up for sale by ArcelorMittal, the Commission said on Wednesday April 17.The assets have been sold under commitments made by ArcelorMittal to the EC when it bought Italian steelmaker Ilva.Assets included within the divestment package are a steel plant in...Read More
The Iranian export billet price has remained firm over the past week, while the slab price has gained $5-10 in recent sales despite pessimism in the global steel market, sources told Fastmarkets."There may be some pressure on Iranian prices in the future, but not immediately," one trader said, referring to successful sales in the previous weeks. "Iranian mills have full order books through early J...Read More
The number of new passenger car registrations in the EU decreased by 3.93% year-on-year in March 2019.This made it the seventh consecutive month of decline, the European Automotive Manufacturers Assn (ACEA) said on Wednesday April 17.New car sales in Europe totalled 1,722,442 units in March 2019, down from 1,792,880 vehicles sold in the corresponding month of 2018."Demand decreased in all the majo...Read More
The price for rebar produced and delivered in Southern Europe has narrowed upward by ?,?15 per tonne over the past week with some Italian mills raising their previously low offers, market participants told Fastmarkets on Wednesday April 17.Fastmarkets' weekly price assessment for domestic rebar in Southern Europe was ?,?500-510 ($565-576) per tonne delivered on Wednesday, up from ?,?485-510 per to...Read More
The price range for domestic mesh-quality wire rod produced and delivered in Southern Europe has widened downward by ?,?10 per tonne week on week, with mills reducing their offers, market participants told Fastmarkets on Wednesday April 17.Fastmarkets' assessment of the EU domestic mesh-quality wire rod price in Southern Europe was ?,?525-550 ($593-621) per tonne on April 17, down from ?,?535-550...Read More
RAPAPORT... Okavango Diamond Company (ODC) has revealed a 20.46-caratpolished stone, the largest blue diamond to come out of Botswana. The Gemological Institute of America (GIA) has graded the oval brilliant-cut, type IIb diamond as fancy deep blue, with VVS2 clarity, ODCsaid. "From the first moment we saw the diamond, it was clear wehad something very special," Marcus ter Haar, managin...Read More
RAPAPORT... Alrosa's sales fell in the first quarter amid lower rough pricesand a larger proportion of small diamonds. Revenue from rough stones slid 37% year on year to $988million for the three months ending March 31, the Russia-based miner saidWednesday. Sales volume declined 21% to 10.6 million carats, while the averageprice decreased 20% to $123 per carat for gem-quality diamonds. Prices...Read More
RAPAPORT... Christie's New York Magnificent Jewels auction garnered $30.3 million on Tuesday, with a twin-stone ring leading the sale. The piece, bearing two pear modified brilliant-cut,fancy-vivid-blue, VS2-clarity diamonds weighing 3.06 and 2.61 carats, fetched$6.7 million, or $1.2 million per carat. Its presale estimate was $6 million to $8 million. Christie's sold six additional lots for...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.As Indonesia heads for the polls on 17 April, Wood Mackenzie's research director Andrew Harwood provides the following commentary:"We predict that President Jokowi will once again defeat his 2014 opponent, Prabowo Subianto, and secure...Read More
RAPAPORT?EUR?PRESSRELEASE, April 17, 2019, New York ...?EUR?The Rapaport Trade Mission to Sierra Leoneattracted a strong group of 29 international diamantaires and jewelers. Participants were from theUS, India, UAE, UK, Switzerland, Turkey, Canada, Spain, and Israel. For many,the trip was transformative as they visited the diggers in their villages andcame face to face with the challenges and oppo...Read More
Botswana's state-run Okavango Diamond Company unveiled on Wednesday what is believed to be the largest blue diamond ever discovered in the southern African country, which is one of the world's top producers.The 20.46-carat, oval-shape fancy precious rock has been named "The Okavango Blue" in honour of the Okavango Delta, the country's wildlife-rich world heritage site.From all coloured diamonds, b...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Gain powerful insights and make data-driven decisions with our new delivery solutions. Instantly access the most reliable and trusted data whenever and wherever you need it with the delivery option that best meets your needs.The scale...Read More
Stainless steel scrap prices in the United States are beginning to edge back slightly, with London Metal Exchange cash nickel values showing little movement since the beginning of March."Prices have not made significant moves for weeks as LME nickel [values] have traded in an unusually narrow range with supply and demand fundamentals firmly in place," one US dealer source said."I think the market...Read More
The Fifth Mediterranean Gemmological & Jewellery Conference will take place in Limasol, Cyprus, May 17 to 19, 2019. As usual, the conference is organized by Branko Deljanin of CGL-GRS (Canada) and George Spyromilios of IGL (Greece). The first four MGJ Conferences were held in Greece (2015), Spain (2016), Italy (2017) and Montenegro (2018). In the five years since it was held first the MGJ Con...Read More
Richard "Dick" Greenwood, a well-known, highly respected and treasured member of New York's colored gemstone business community, died on April 13, surrounded by his wife and children. A memorial service will be held on Thursday, April 19th at noon, at the Riverside Memorial Chapel in Mount Vernon, NY. In a tribute, Greenwood's longtime friend and business associate, Doug Parker, wrote t...Read More
Turkey has maintained steady but modest ferrous scrap purchases from suppliers in the United States but has been dealt a blow by Egypt on the steel front.Egypt has imposed a duties of 25% on imports of rebar and 3-15% on billet imports from Turkey effective Monday April 15. Turkey is also subject to quotas in the European Union and tariffs in the US.Rebar produce...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.China's influence on global commodity markets is unparalled. It's a matter of scale.China imports more than 60% of domestic demand for oil, gas and iron ore. Its imports of oil, LNG and coal account for around a fifth of glo...Read More