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Flat Steel Products Trade Log, November 13, 2018

November 14, 2018 / 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

Copper: Unsustainable price weakness

November 13, 2018 / www.metalbulletinresearch.com

No respite for copper price pressure... 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...Read More

Bitcoin Mining Takes Three Times More Energy Than Gold Mining - Study

November 12, 2018 / www.kitco.com

(Kitco News) - It takes three times as much energy to produce one dollar’s worth of bitcoin than one dollar’s worth of gold, according to a new research study.More specifically, it requires seventeen megajoules of energy to digitally mine one dollar's worth of bitcoin versus five megajoules needed to physically mine the same value in gold, said the report titled ‘Quantification O...Read More

Lead: Waiting game continues

November 13, 2018 / www.metalbulletinresearch.com

LME market still tight, but...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

Trump could answer written Russia probe questions this week: source

November 13, 2018 / www.kitco.com

Karen Freifeld(Reuters) - President Donald Trump is expected to provide written answers to questions from the special counsel probing Russian interference in the 2016 U.S. presidential election as soon as this week, a person familiar with the matter said on Tuesday.The questions from Special Counsel Robert Mueller that Trump is preparing to answer relate only to Moscow’s involvement in the e...Read More

Nickel: Price forecasts lowered

November 13, 2018 / www.metalbulletinresearch.com

Stainless steel price sell-off continues We opened our...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...Read More

Brazil lawmakers slam Norsk Hydro, regulators for Alunorte leak

November 13, 2018 / www.mining.com

RIO DE JANEIRO - "Failures and possible crimes" led to a February leak of mineral byproduct at Norsk Hydro ASA's Alunorte alumina refinery in the Amazonian state of Para, a special commission in Brazil's lower house said in a report released on TuesdayA congressional commission assembled to look into the incident blamed both the company and regulators, and called for civil and criminal investigati...Read More

Tin: Expect steeper price upside

November 13, 2018 / www.metalbulletinresearch.com

Tin’s resilience continues Tin...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 so...Read More

Hopes for Brexit deal lift euro and sterling

November 13, 2018 / www.kitco.com

NEW YORK (Reuters) - The euro and sterling rose on Tuesday as Britain and the European Union agreed on a preliminary text for the nation to leave the economic bloc in a bid to avoid a chaotic divorce that would disrupt the region’s economy.The stronger euro and sterling spurred profit-taking in the dollar, which reached a 16-month peak against a basket of currencies on Monday.Uncertainty ove...Read More

Zinc: Staying modestly bullish in the short term

November 13, 2018 / www.metalbulletinresearch.com

Dollar strength and technical selling acting...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 is...Read More

GLOBAL FERRO-SILICON WRAP: Chinese sellers turn to domestic market while yuan depreciation weakens export price; Europe, US markets steady

November 14, 2018 / www.metalbulletin.com

The domestic Chinese ferro-silicon market was stable in the week ended Friday November 9, while the European price stabilized after the prior week's drop and the US ferro-silicon spot market held week on week. Chinese suppliers focus on domestic market, export price lower on yuan depreciation  Europe steadies losses, awaits outcome of industry conference  US market focuses on long-term...Read More

GLOBAL MANGANESE WRAP: Good demand helps low-grade ore edge higher, high-grade market weakens on thin trading

November 14, 2018 / www.metalbulletin.com

Low-grade manganese ore prices ticked up again on better demand, while thin trading knocked high-grade prices. Low-grade prices rise againHigh-grade prices slideSilico-manganese holds in China, ferro-manganese stirs upwardHigh-carbon ferro-manganese ticks up in Europe, drops in United States Silico-manganese holds in Europe, US Low-grade manganese ore prices continued edging up on Friday Nove...Read More

Base metals investment analysis: Improvement in spec length, lead the anomaly

November 13, 2018 / www.metalbulletinresearch.com

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.SubscribeRead More

GLOBAL CHROME WRAP: Prices keep sliding in most major markets on subdued buying

November 14, 2018 / www.metalbulletin.com

Ore and alloy prices weakened further in China, Europe and the United States as buyers in all three markets held back interest. Ore prices dip again in ChinaSpot domestic and imported ferro-chrome prices still sliding in ChinaAlloy prices hold in Japan, South KoreaAlloy prices weaken in Europe, US Chrome ore and alloy prices continued to soften in China on Friday November 9 amid minimal prompt dem...Read More

Demand Indicators: November 13 2018

November 13, 2018 / www.metalbulletinresearch.com

Click here to download the Selected Demand IndicatorsACCESS 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

GLOBAL VANADIUM WRAP: Europe V2O5 price hits record high, US and China markets stall

November 14, 2018 / www.metalbulletin.com

European ferro-vanadium and vanadium pentoxide (V2O5) prices gained further strength on the back of limited supply availability in the week ended November 9, while in the United States and China vanadium prices stabilized on subdued market activity.?EUR? Chinese export prices stabilize amid thin export activity due to favorable domestic market ?EUR? Europe FeV prices rise amid the lack of supply a...Read More

Metals firmer on higher hopes for trade deals

November 13, 2018 / www.metalbulletinresearch.com

Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.6% on Tuesday November 13. Nickel and lead prices led with gains of 0.9%, while copper prices were up by 0.5% at $6,075 per tonne.Volume has been average with 5,328 lots traded as of 06:29am London time. Precious metals were up by an average of 0.4%, although spot gold prices lagged wi...Read More

Tech Talk for Tuesday November 13th 2018

November 13, 2018 / www.timingthemarket.ca

U.S. equity index futures moved higher this morning. S&P 500 futures were up 11 points in pre-opening trade.Home Depot gained $2.47 to $181.90 after reporting higher than consensus third quarter results. The company also raised its guidance. NVIDIA added $3.07 to $192.61 after Susquehanna upgraded the stock to Positive from Neutral.Michael Kors slipped $0.03 to $47.75 after MKM Partners lowere...Read More

Steelmaking Raw Materials Trade Log, November 13, 2018

November 14, 2018 / 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, tender, 82,728 tonnes of 62.93%...Read More

IRON ORE DAILY: Prices soften, premiums strong

November 14, 2018 / www.metalbulletin.com

Seaborne iron ore prices continued to weaken on Tuesday November 13, yet higher premiums were paid for 62% Fe Australian fines.MB 62% Fe Iron Ore Index: $75.73 per tonne cfr Qingdao, down $0.32 per tonne.MB 62% Fe Pilbara Blend Fines Index: $75.53 per tonne cfr Qingdao, down $0.32 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $77.72 per tonne cfr Qingdao, down $1.06 per tonne.MB 58% Fe Premium I...Read More

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