China's domestic rebar prices retreated on Tuesday February 26 after supply pressures led sellers to destock.Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($558-564) per tonne, down 10-20 yuan per tonneNorthern China (Beijing): 3,730-3,770 yuan per tonne, widened downward by 10 yuan per tonneSelling interest among stockists picked up due to an increase in inventory levels, which led to them...Read More
Business Insider reported that four US retail chains have filed for bankruptcy. They are Payless Shoesource, Charlotte Russe, Gymboree and FullBeauty Brands . "As the US retail industry emerges from one of its worst multi-year default cycles yet, companies are getting ready for a second, though less virulent round among smaller, weaker names," Business Insider quoted a report by Moody's Inves...Read More
Aim-listed BlueRock Diamonds has sold the 8.97 ct diamond and the 16.28 ct diamond, that it recovered earlier this month at its Kareevlei diamond mine, in the Kimberley region of South Africa.The 8.97 ct diamond achieved a price of $8 306/ct, valuing it at $74 513, while the 16.28 ct diamond sold for $4 849/ct, valuing it at $78 947.Advertisement“We have sold two high-quality . . . D-colour...Read More
The new WJA board members include: Kristyn Beausoleil, national director of partner development, Forevermark; Susan Chandler, chief merchandising officer, Citizen Watch America; Morgan Miller, account executive, Couture Show; Tina Olm, director enterprise business development, Jewelers Mutual Insurance Group; Jacqueline Raffi, vice president of business development (retail and national accounts),...Read More
Export prices for Chinese cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) increased again over the past week, with some mills continuing to raise their offers amid bullish sentiment and a stronger domestic market.Cold-rolled coilFastmarkets MB's weekly export price assessment for Chinese SPCC 1.0mm CRC was $545-555 per tonne fob on Tuesday February 26, up $5 per tonne from $540-550 per...Read More
ALROSA currently has a small market share in the USA. It counts Signet and Tifffany's among its rough diamond clients, but now the firm is aiming at boosting its polioshed sales in what is still the biggest diamond market in the world. In an exclusive interview with Yahoo Finance UK, Rebecca Foerster, the newly appointed head of ALROSA's US operations, said she "doesn't believe the negative headl...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 transaction: hot-rolled coilHot-rolled coilEast China, domestic, commercial-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
Russia may impose a six-month ban on exports of ferrous scrap material beginning in May after a request was filed by Russian pipemakers with the country's ministry of economic development.The Russian Foundation for Development of the Tube Industry (FRTP) brings together the country's largest pipemakers, including TMK, OMK and Chelpipe. The group began its campaign for a ban on ferrous scrap export...Read More
Endomines' golden opportunities to growSPONSOREDendominesThe company intersected high-grade mineralisation including zinc-rich massive sulphides and gold with drilling highlights including 35.6m grading 5.21% zinc, 0.33% copper, 1.37g/t gold and 15.7g/t silver.CEO Alan Hair said the discovery of the new zones within close proximity to the company's existing infrastructure and at shallow depth...Read More
Bezant buzz builds around big projectsSPONSOREDbezant resourcesWhite Gold Corp a major force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithium"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftIts shares shot up about 28% yesterday as it outline...Read More
Trade...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
Prices supported by US-China trade talk...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 a...Read More
Aluminium The rebound momentum since the February 19...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
From Tuesday February 26, Fastmarkets will update the normalization coefficients of the Turkey and Rotterdam ferrous scrap indices once per month instead of once per quarter. The indices to which this proposed change relates are the HMS 1&2 (80:20), Northern Europe-origin material, cfr Turkey index; the HMS 1&2 (80:20), USA-origin material, cfr Turkey index; and the HMS 1&2 (80:20), Nort...Read More
Spot TC/RCs have fallen in line...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
Another big deficit year in...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
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 oreRio Tinto, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62%...Read More
Iron ore prices continued to retreat on Tuesday February 26 with Chinese steelmakers still intent on reducing input costs due to no improvements in terms of output profitability.MB 62% Fe Iron Ore Index: $83.75 per tonne cfr Qingdao, down $1.09 per tonne. MB 62% Fe Pilbara Blend Fines Index: $83.15 per tonne cfr Qingdao, down $1.09 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $85.49 per tonne...Read More
Data supports our view that market temporarily rebalanced...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