Domestic prices for hot-dipped galvanized (HDG) coil in Europe have been stable over the past week because market activity has not recovered fully after the new year holidays in the EU, sources told Fastmarkets on Thursday January 17.The prices for HDG, however, might move up due to the effects from the imposition of definitive measures in the safeguard case on steel product imports by the Europea...Read More
"To kick off the new year we put together a top 20 of 2020, Junior Miners to Add to Your Watchlist.Happy new from Insidexploration :)https://t.co/4ic5MdlOC1$RJX $RNX $WM $IMR $NRG $BMK $NOB $BAR $NRN $AIIM $BTU $PGM $PGZ $VRR $GTR $MAI $NHK $CCW $CVB $NCU"Read full newsRead More
Seaborne coking coal prices were largely stable in both the cfr and fob markets on Tuesday July 6, with most market participants still on the sidelines after the centenary of the Chinese Communist Party on July 2, sources told Fastmarkets.Fastmarkets indicesPremium hard coking coal, fob DBCT: $202.52 per tonne, down $0.68 per tonnePremium hard coking coal, cfr Jingtang: $308.55 per tonne, up $0.70...Read More
(Kitco News)- Gold prices have fallen belowcritical support at $1,300 an ounce and while the market is oversold, there isstill room for prices to move lower, according to some analysts.Gold has finally moved below itsrecent range as the market has been unable to withstand rising interest-rateexpectations, which have pushed U.S. 10-year bond yields above 3%, theirhighest level since 2011. June gold...Read More
Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs of $985-$1,040 per oz. at its Eagle River mine complex in northern Ontario.The gold producer also forecasts a significant grade increase to 15.5-16.5 grams gold per tonne, compared to a reserve grade of 12.2 grams gold and a recent high of 13.3 grams gold achieved in the third quarter...Read More
"$RELL - Richardson Electronics, Ltd.'s (RELL) CEO Edward Richardson on Q2 2020 Results - Earnings Call Transcript. Read more and get updates on any stock! https://t.co/qKldfZQXxf #business #stocks #investing"Read full newsRead More
US flat steel import prices have again climbed to record highs, with buyers in the United States competing with those in other countries to purchase material in a tight global market."Imports are getting more and more attention, but there is not a lot of availability," an East Coast distributor said.Fastmarkets' assessment for steel hot-rolled coil, import, ddp Houston was at $1,650-1,700 per shor...Read More
Aluminium Trading Call – SELL Aluminium Call 88f given at price 157.15 Achieved 1st Target 156. CMP 155.70. Total Profit of 1.45 x 2 lot = 2.90 Points88f : Aluminium Tips - SELL Aluminium at CMP 157.15 for Target 156 - 155.20 - 154.50 with SL Above price 158.60AFTER POST CONTENT Read More
"No voices calling for peace. No voices critical of empire. Just establishment media and current and former Pentagon officials who feed off the trillion dollar war machine."Continue...Read More
* Dollar lifted as euro slides on Italian political uncertainty* Dollar index near fresh 5-month high brushed overnight* Aussie, loonie, kiwi supported by ebb in risk aversionBy Shinichi SaoshiroTOKYO, May 17 (Reuters) - The dollar stood tall against a basket of currencies on Thursday, as the euro retreated to a five-month low on concerns the political developments in Italy could cause wider disru...Read More
Global aluminium billet premiums were flat or lower on Friday January 18, with market participants citing ample availability of material and lackluster demand as the main reasons behind the moves.At the same time, participants were said to be holding back from concluding deals while they await further developments regarding the US sanctions against Russian producer UC Rusal. Premiums in Southern E...Read More
The "phase one" trade deal will reportedly be inked later this weekWith the signing of the "phase one" trade deal apparently just days away, the Dow Jones Industrial Average (DJI) is continuing its climb midday. The blue chip index is joined in positive territory by the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), though upside has been fairly limited overall. Meanwhile, February-dated crude f...Read More
China's domestic rebar prices gained upward momentum on Wednesday July 14 due to a reduction in steel production in several provinces.DomesticEastern China (Shanghai): 5,180-5,220 yuan ($800-806) per tonne, up by 100-120 yuan per tonneThe China Iron & Steel Association (Cisa) reports that steel production dropped sharply in early July, posting a second consecutive 10-day...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Risk of a sustained Chinese slowdown is higher after the Chinese president stressed the need to maintain political stability. Jobs are the key to every nation. Increase in joblessness will create political issues in communist China. Industrial metals can fall first or the pace of rise will reduce after comments from the Chinese president. The Chinese have started/intend to start a massive infrast...Read More
ArcelorMittal Kryvyi Rih, the major long steel producer in Ukraine, has called on the country's government to review its decision to impose an import tariff on rebar and wire rod steel imports from Belarus, referring to evidence of dumping.On December 6, 2019, the Interagency Commission on International Trade announced the results of an anti-dumping investigation into steel imports from Belarus an...Read More
Several steelmakers in China stopped issuing export offers this week, while others sharply increased their offer prices to overseas buyers, suggesting that the Chinese government's desire to see production cuts is starting to have an impact.Steel mills, including Shandong Iron & Steel and Yingkou Medium Plate Co, have issued no export offers this week, with limited availability forcing them to pri...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
(IDEX Online) - The Jewelers' Security Alliance (JSA) awarded its 15th Annual Industry Service Award to Christina (Chris) Hackler, vice president of Asset Protection- Global for SignetJewelers at its annual luncheon. This marks the first time the award has been presented to a woman."Chris has been a close partner of JSA for many years, and has served on JSA's Board of Directors sin...Read More