Broader markets are generally upbeat this morning, Monday December 16, helped by last week's partial United States-China trade deal and some positive economic data out of China.But the base metals are mixed and gold prices are up, which suggests there is still some concern about the terms of the trade deal.Chinese industrial production rose 6.2% in November, up from 4.7% previously while retail sa...Read More

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below:Europe- Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V- Vanadium pentoxide 98% V2O5 min, in-whs Rotterdam, $/lb V2O5China- Ferro-vanadium 78% V min, fob China, $/kg V- Vanadium pentoxide 98% V2O5 m...Read More

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5%...Read More

The domestic price of hot-rolled coil in Northern Europe was largely stable on Monday December 16 although steelmakers continue to insist on higher prices, market sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index domestic, ex-works Northern Europe was calculated at ?,?431.88 ($480.14) per tonne on Monday compared with ?,?432.08 per tonne on Friday.The assessment is based on "...Read More

South American steel import prices continued to climb during the week ended Friday December 13, following the trend of global prices, as customers rushed to book February-shipment cargoes ahead of the holidays, sources said.Fastmarkets' latest price assessment for steel hot-rolled coil import, cfr main ports South America, was $500-515 per tonne on Friday December 13, a three-month high and up fro...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. After unsuccessfully attempting to climb above 1170 a second week in a row, the Index took a second small breather in a row last week and finished down 4.36 points at 1165.13.MACD dropped 1.22 points and remains range-bound. RSI dropped another 10 points to 61.Support rests at 1150 and 11...Read More

Chinese products have become more competitive in the Asian hot-rolled coil market in recent weeks due to cargoes from other parts of the world being offered into the region at higher prices.Fastmarkets' assessment for steel HRC import, cfr Vietnam, which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam, was $480-485 per tonne cfr Vietnam for the...Read More

China's finished steel output grew by 10.4% year-on-year in November as mills raised production in response to steel price gains, according to the National Bureau of Statistics.Finished steel production reached 104 million tonnes during the month, which was also up 1.34% from October.Market participants said that mills had been accelerating their production amid price surges.Hot-rolled coil prices...Read More

China's domestic rebar prices moved down slightly on Monday December 16 amid falling futures.Eastern China (Shanghai): 3,860-3,890 yuan ($553-558) per tonne, down 10 yuan per tonneNorthern China (Beijing): 3,550-3,570 yuan per tonne, down 20 yuan per tonneThe losses in the futures market led to a deterioration of sentiment in the spot market. In the northern region, end-user demand dropped sharply...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, beams and other long steel products. Latest transaction: rebarRebar East China, domestic, grade...Read More

Turkish steel producers began the week by booking deep-sea scrap for shipment in February, sources told Fastmarkets on Monday December 16.A steel mill in northern Turkey booked a Baltic Sea cargo comprising 10,000 tonnes of HMS 1&2 (80:20) at $299 per tonne cfr, 15,000 tonnes of shredded at $304 per tonne cfr and 3,500 tonnes of bonus at $310 per tonne cfr.A steel mill in the Izmir region booked a...Read More

By: Gary SavageMost people (investors) are driven by emotions. Retail investors becoming more bullish as the SPX diverges further from the 200 day moving average.Gold's potential is mind-boggling right now, I'll explain..http://blog.smartmoneytrackerpremium.com/Read More

Richard (Rick) MillsThe Europeans want their gold back. Amid global trade uncertainty, a pall hanging over the European Union due to continued economic weakness, the exit of Great Britain still a real possibility, and dark, nationalist undercurrents swirling, several of the 28-strong EU members are looking to gold as collateral in the event of a continent-wide "storm" that blows their individ...Read More

StrengthsThe best performing metal this week was platinum, up 3.57 percent as money managers increased their bullish outlook and took their net long position to a 22-month high. Gold traders remained bullish on the price outlook for bullion even amid trade optimism early in the week, according to the weekly Bloomberg survey. Turkey's gold reserves rose $348 million from the previous week and a...Read More

Dave Kranzler, Mining Stock JournalGold and silver are set up potentially for an explosive move, fueled by the inevitable escalation of Central Bank money printing. The Federal Reserve has led the charge on this account over the last three months as the financial system has begun to veer off the rails.Currently, the Fed is printing money at the fastest rate in its history. The brown stuff is hit...Read More

RambusTonight I would like to update some commodities charts we haven't looked at in a while. There have been some subtle changes taking place that need to be addressed. Just like the PM complex that topped out in 2011 many commodities also topped out that same year and have been correcting ever since. With the US dollar at an important inflection point it may be time for commodities in general...Read More

By: Ira EpsteinGold weekly chart just below the resistance area, what to look out this week:Read More

Global political weather is such that financial markets will not sleep during Christmas and New Year weeks. Do not sleep in the next three weeks on your short term investment. Still anything can happen. If you are on a vacation or plan to go on a vacation for the next three weeks, then close very short term open positions in any future and options and ETF. If you are holding physical gold, any p...Read More

French ConnectionSuppressed CompetitionDo Hard ThingsReach Out & ListenVIP AccessChristmas in Puerto Rico, Pat Cox, and MoreWe choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, o...Read More

Turkish steel producers continued to raise their domestic scrap purchase prices over the past week amid higher imported scrap values, sources said on Monday December 16.The price of scrap imported into Turkey has risen over the past week due to tightening supply and firm demand.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $296.06 per tonne...Read More