(IDEX Online) - International auction house Bonhams has appointed Brett O'Connor as Senior International Jewellery Director and Senior Vice President, US. O'Connor will also join the US Executive Team. O'Connor takes up his new position at the start of November based in Bonhams' New York office. O'Connor is a globally renowned auctioneer and leading senior specialist in the jewe...Read More
The government of Mexico will request an exemption from a 25% duty that Canada plans to impose on imports of steel products."The Mexican government will take all actions necessary to protect Mexican exporters in the near term," the country's economy secretariat said late in the week ended Friday October 12."It will also use all the available resources...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: HRC, CRC, HDGHot-rolled coilChina, export, hot-rolled coil, offered at $560-590 per tonne cfr, to Saudi Arabia. China, export, hot-rolled coil, offered at $590-595 per ton...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebarOman, export, rebar, traded at $525 per tonne cfr, theoretical weight,...Read More
Trading activity in the CIS export billet market remained quiet early in the week that began on Monday October 15 amid a mismatch between suppliers' offers and customers' bids.Some market participants expected that conditions in the regional steel market would improve because of the better diplomatic relations between Turkey and the United States, which could have a positive effect on CIS-origin s...Read More
Prices for rebar and billet in the United Arab Emirates were mostly stable in the week ended Tuesday October 16, and demand was moderate, sources told Fastmarkets.Local rebar producers rolled over their prices, and market activity now is better than in the previous week, when buying was very scarce.Domestic rebarLocal producers were offering rebar at 2,016-2,018 dirhams ($549) per tonne ex-works.A...Read More
Chinese export prices soared last week, supported by strength in the domestic market, while markets in Europe and the United States were slowed by subdued activity levels. Chinese export price rises on domestic strength upon emergence from holidays.European ferro-vanadium market steady at 13-year high, awaiting further demand.Vanadium pentoxide price sets new 13-year high in Europe, following Chin...Read More
For the most part, gold has held on to the recent gains which occurred on Thursday of last week and continued into trading yesterday. Currently, gold futures basis the most active December Comex contract is trading down $2.30 and is fixed at $1,228 per ounce. Gold traded to an intraday high today of $1235.90, which is just below yesterday's high. However, gold could not hold onto its modest gains...Read More
Higher October tender prices for ferro-chrome in China have boosted prices for imported ore and alloy. Chinese mills' tender prices boost spot prices for imported ore, alloyDomestic spot prices stable in China Alloy prices steady in Japan, South Korea European alloy prices continue to slide Alloy prices stabilize in the United StatesChrome ore and ferro-chrome import spot markets strengthened agai...Read More
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Week in review With LME...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
(Kitco News) - Australian scientists are proposing to launch a satellite that would be able to look 300?km (186 miles) beneath the Earth’s surface, unlocking “Australia’s hidden mineral wealth,” according to the Australian Academy of Science's National Committee for Earth Sciences.This kind of “downward-looking telescope” would completely change the exploration...Read More
Aluminium The three-month LME aluminium price...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 lat...Read More
(Kitco News) - Gold prices are slightly up and not far below Monday’s 10-week high in early-afternoon U.S. trading Tuesday. The gold bulls are impressed their metal is able to hold gains amid a solid rally in the U.S. stock market today. December gold futures were last up $1.80 an ounce at $1,232.50. December Comex silver was last down $0.007 at $14.72 an ounce.The near-term technical postu...Read More
Week in review Copper enjoyed a...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 a...Read More
Gold is “back in fashion,” says Lukman Otunuga, research analyst at FXTM. Spot metal hit a three-month high of $1,has been as high as $1,232.70 an ounce Monday and remains near that level, hovering just under $1,230 in early-Tuesday trading. “A combination of factors ranging from depressed equity markets, trade disputes, global growth fears and geopolitical tensions have brought...Read More
LME Week wakes lead market...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
Alio Gold Inc. (TSX, NYSE American: ALO) has agreed to sell non-core assets in Nevada to Coeur Rochester, Inc., a subsidiary of Coeur Mining, Inc., for $19 million payable in shares of Coeur common stock. The assets being sold include the Lincoln Hill project, Wilco project, Gold Ridge property and other nearby claims. Alio also says it reduced its outstanding debt with Macquarie Bank Ltd. fr...Read More
Short-term soft patch in long-term bull story...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
(Kitco News) - Gold continues to garner bids as macro fundamentals continue to favor the upside risk. Uncertainties surrounding global trade, the Italian budget, Brexit and the upcoming mid-term elections in the U.S. have the global financial markets on edge. Although the equity market has somewhat stabilized, we are still over 1,000 points away from last week's high. The market remains net short...Read More