(IDEX Online) - Diamond firms Niru Group and EZ Diamonds are combining their polished diamond operations into a joint business. Both manufacturers are specialists in small high-quality diamonds typically used by watch and jewelry makers with thousands of calibrated assortments. EZ Diamonds' round stones of 0.70 carats and below will move into Niru's The companies say they...Read More
(IDEX Online) - De Beers has announced its sales dates for next year, while ALROSA has published its sales results announcements for 2019. De Beers Sales Cycles 2019: Sight 1: January 21-25 Sight 2: February 25 - March 1 Sight 3: April 1-5 Sight 4: May 13-17 Sight 5: June 17-21 Sight 6: July 22-26 Sight 7: August 19-23 Sight 8: September 23-27 Sight 9: November 4-8 Sight 10: December 9-13 &...Read More
RAPAPORT... Diamcor Mining's rough-diamond sales rose 62% year on yearto $1.4 million in the third fiscal quarter. The company sold 7,162 carats during the period which ends December 31, for an average price of $196 per carat, it said last week. At its December tender, the last of the quarter, the miner garnered$303,138 from the sale of 1,905 carats, at an average price of $159 per carat.Dia...Read More
Export prices for Chinese cold-rolled coil (CRC) and hot-dipped galvanized (HDG) coil edged up during the week ended Wednesday December 26 following a two-week decline, with most mills no longer in a rush to secure overseas sales.Major mills in China generally lowered their asking prices for both products, but only accepted smaller discounts on their offers for confirmed bookings, in contrast to t...Read More
China's hot-rolled coil prices were little changed on Wednesday December 26 both domestically and in the export market amid sparse trading.DomesticEastern China (Shanghai): 3,720-3,750 yuan ($540-544) per tonne, down 10-20 yuan per tonneNorthern China (Tianjin): 3,650-3,660 yuan per tonne, narrowing downward 10 yuan per tonneWhile prices in Shanghai were as high as 3,740-3,750 yuan per...Read More
All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More
The latest news and price moves to start the Asian day on Thursday December 27.The London Metal Exchange will reopen Thursday following a two-day break in trading - for Christmas and the annual Boxing Day holiday.Here is how prices looked at the most-recent close of trading, on December 24:Chinese battery materials producer GEM has signed a memorandum with South Korea's Ecopro to supply the latter...Read More
The past 12 months have served as a reality check for the battery raw materials markets.While 2017 was a year of soaring prices and investor interest, 2018 has seen supply responses, substitution debates, and at times, plummeting prices. It's not that the fundamentals aren't still strong. By 2025, Fastmarkets' forecast is for plug-in electric vehicle (EV) sales to grow at a compound annual growth...Read More
Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Wednesday December 26.Base metals prices on the Shanghai Futures Exchange were on divergent paths during Asian morning trading on Wednesday December 26, with aluminum registering the largest gain on news of further capacity cuts in China. Check Fastmarket MB's live futures report here. Ferro-c...Read More
Base metals prices on the Shanghai Futures Exchange were on divergent paths during Asian morning trading on Wednesday December 26, with aluminum registering the largest gain on news of further capacity cuts in China.The most-traded February aluminium contract on the SHFE stood at 13,860 yuan ($2,011) per tonne as at 10.12am Shanghai time, up by 70 yuan per tonne from Tuesday's close.The increases...Read More
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, commercial-grade...Read More
China's rebar prices were unchanged on Wednesday December 26 both in the domestic and the export market, aslower billet charges offset higher futures prices. Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($543-548) per tonne, unchangedNorthern China (Beijing): 3,610-3,650 yuan per tonne, unchangedTangshan billet prices decreased 40 yuan per tonne to 3,350 yuan per tonne on weak dem...Read More
New Turkish flat steel producer Yildiz Iron and Steel started production of cold rolled coil (CRC) in early December, the company said last week.The mill has capacity for 1.5 million tonnes per year (tpy) of CRC at its facility in Kocaeli, close to Istanbul.Yildiz Iron & Steel...Read More
The VIX Index spiked on Monday on increasing equity market volatility.The Nikkei Average plunged 5.0% to 19,156 on Christmas Eve completing a double top pattern. Trader's CornerEquity Indices and related ETFsDaily Seasonal/Technical Equity Trends for December 24th 2018 Green: Increase from previous dayRed: Decrease from previous day CommoditiesDaily Seasonal/Technical Commodities Trends...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transactions: rebarRebar East China, domestic, grade...Read More
The latest bids, offers and deals in the global markets for steel billet, slab and bloom. Latest transaction: billetBillet China,...Read More
I hope you had a wonderful Christmas. And I hope you got the chance to look at that potentially life-changing video... though if you didn't don't worry. I made sure to get you some extra time, just click here to take a look before it comes down tonight!After that, let's back to the story.What's Your Game?If you didn't already know, rugby is one of the most physically demanding sports there is, far...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Iron oreBeijing Iron Ore Trading Center (Corex), joint cargo, 50,000 tonnes of 61% Fe Jimblebar fines and 120,000...Read More
China's ferrous futures stayed rangebound in morning trading on Wednesday December 26 amid a lingering holiday atmosphere.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,407 yuan ($494) per tonne, up 5 yuan per tonne May hot rolled coil: 3,366 yuan per tonne, unchanged Dalian Commodity Exchange May iron ore: 490 yuan per tonne, up 1 yuan per tonne May coking coal: 1...Read More
Comex copper prices recovered during mid-week trading, with shallow trading temporarily benefiting the base metals complex.The copper price for March settlement on the Comex division of the New York Mercantile Exchange rose 3.75 cents to $2.6985 per lb.Markets are expected...Read More