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Steelmaking Raw Materials Trade Log, December 3, 2019

December 04, 2019 / 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....Read More

COKING COAL DAILY: Seaborne market to remain stable

December 04, 2019 / www.metalbulletin.com

Participants in the seaborne coking coal market said they saw little room for prices to move significantly amid stable supply-demand drivers.Fastmarkets indicesPremium hard coking coal, fob DBCT: $136.86 per tonne, down $1.09 per tonnePremium hard coking coal, cfr Jingtang: $147.60 per tonne, up $0.97Hard coking coal, fob DBCT: $120.70 per tonne, unchangedHard coking coal, cfr Jingtang:&...Read More

Codelco belts it out of Chuquicamata

December 03, 2019 / www.mining-journal.com

Galena provides a leading lightSPONSOREDgalena miningIn September the company began operating one of the largest, most ambitious and important ore conveyor systems in mining which will take material 14km from the bottom of the underground mine to the surface for processing. The system, built by Ingenieria y Construccion Sigdo Koppers (ICSK), will transport 140,000 tonnes per day of ore for the nex...Read More

2020 a defining year for SolGold

December 03, 2019 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesFor Mather, transitioning from a junior explorer with no mine building experience into a large-scale miner via the financing and development of a multi-billion dollar blockcave mining operation seemsRead More

Vale cuts Q1 2020 iron ore target on Brucutu tailings dam halt

December 04, 2019 / www.metalbulletin.com

Vale has cut its iron ore production and sales target to 68-73 million tonnes from 70-75 million tonnes for the March quarter 2020, due to a reduction in operating rates for up to two months at its Brucutu mine.The company is to temporarily suspend tailings disposal at the Laranjeiras dam serving the Brucutu mine to assess the dam's geotechnical characteristics, the Brazilian miner said late...Read More

Coro enlarges Marimaca copper oxide resource

December 02, 2019 / www.mining-journal.com

Galena provides a leading lightSPONSOREDgalena miningThe Marimaca resource now includes a measured and indicated resource of 70.4 million tonnes grading 0.60% copper and an inferred resource of 43Mt grading 0.Read More

CHINA HRC: Prices move higher despite thinner trading

December 04, 2019 / www.metalbulletin.com

China's hot-rolled coil prices continued to gain on Tuesday December 3 despite slower trading, with supply remaining tight in the east of the country.DomesticEastern China (Shanghai): 3,740-3,750 yuan ($531-532) per tonne, up 20 yuan per tonneNorthern China (Tangshan): 3,640-3,650 yuan per tonne, widening upward by 10 yuan per tonneA Shanghai-based trader said trading in the east of the...Read More

CHINA REBAR: Prices down on oversupply outlook

December 04, 2019 / www.metalbulletin.com

China's domestic rebar prices decreased on Tuesday December 3 amid bearish expectations for weakening demand but high output over the next two months. Eastern China (Shanghai): 3,990-4,020 yuan ($566-571) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,720-3,750 yuan per tonne, down 40 yuan per tonne December and January are seasonally weak months for rebar demand in mo...Read More

Market Summary: More of the same

December 03, 2019 / www.metalbulletinresearch.com

More...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.Subsc...Read More

MORNING VIEW: Markets cool after Trump tariffs pour cold water on sentiment

December 04, 2019 / www.metalbulletin.com

While the metal markets have hardly been bullish, United States President Donald Trump undermined confidence across broad markets when he re-imposed tariffs on steel and aluminium imports from Argentina and Brazil and threatened France with tariffs too.This has raised concerns that a US-China trade deal may be delayed, especially following Trump's signing legislation supporting protesters in Hong...Read More

Aluminium: Price struggling higher

December 03, 2019 / www.metalbulletinresearch.com

LME aluminium price rose 1.1% last...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 soo...Read More

LIVE FUTURES REPORT 03/12: Trade tensions pressure SHFE base metals; nickel prices correct after recent losses

December 04, 2019 / www.metalbulletin.com

Base metals prices on the Shanghai Futures Exchange were broadly down during the morning trading session on Tuesday December 3 after a pick-up in global trade tensions dampened market sentiment. On Monday, US President Donald Trump announced via a series of posts on social media platform Twitter that he was imposing new tariffs on steel and aluminium imports from Brazil and Argentina."Brazil and A...Read More

Technical analysis: Mixed bag

December 03, 2019 / www.metalbulletinresearch.com

Aluminium On a month-on-month basis, LME aluminium's 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 dow...Read More

Copper: Rebound to continue in near term

December 03, 2019 / www.metalbulletinresearch.com

Trading regime To assess the relative...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

Lead: 73% of May-October rally undone

December 03, 2019 / www.metalbulletinresearch.com

Lead prices maintain downward momentum...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

Nickel: Still room to work lower

December 03, 2019 / www.metalbulletinresearch.com

LME nickel price now down 28% from September...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

Tin: Firmer fundamentals to support prices

December 03, 2019 / www.metalbulletinresearch.com

Trading regime The correlation...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...Read More

Zinc: Threatening fresh 2019 lows

December 03, 2019 / www.metalbulletinresearch.com

This week we analyse the bullish...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...Read More

Base metals investment analysis: Fund selling intensified in November

December 03, 2019 / 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

Demand Indicators: 3 December 2019

December 03, 2019 / 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

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