Brazilian import volumes of flat and long steel displayed opposite tendencies in August, according to figures from the country's economy ministry published last week.Import volumes of flat steel declined year on year by 11.29% to 95,116 tonnes in the month, from 107,216 tonnes, mostly because of lower volumes imported from China.Imports of flat steel from China fell to 41,950 tonnes in August 2019...Read More
India has given the go-ahead to the state-owned Steel Authority of India (SAIL), to sell up to 7 million tonnes of iron ore annually , to maintain security of raw material supplies ahead of the expiration of 31 mining leases in the country next year. "The Ministry of Mines has allowed SAIL to offload in a year up to a quantity equivalent to [a] maximum [of] 25% of [the] total iron ore production i...Read More
Following a flip in global steel and ferrous trade flow trends last year caused by economic jitters in Turkey, trade defenses by the United States and production cuts in China, this year it is steel prices that are turning upside down. Hot-rolled coil (HRC) prices are now below rebar prices in a phenomenon rarely seen outside of the Chinese domestic markets. HRC import prices in Vietnam have...Read More
The whole battery supply chain will benefit from lithium benchmark pricing, Fastmarkets head of battery raw materials research William Adams says as he explores what is driving auto manufacturers to support this pricing mechanism. The auto industry is going through a period of unprecedented change due to companies introducing electric vehicles (EV) into their portfolios alongside internal combusti...Read More
The dream of building a new world-class copper-gold mine in Pakistan in an area bordering Afghanistan and Iran has been dashed, for now at least. The saga of Tethyan Copper Co's (TCC) efforts to develop the Reko Diq mine found resolution last week with an International Centre for Settlement of Investment Disputes (ICSID) ruling in favor of TCC following a dispute that has rumbled on for years.TCC,...Read More
Gold prices ended lower Thursday, marking their first loss in four sessions, a day after the Federal Reserve delivered a widely expected interest rate cut but left traders uncertain on the outlook for further monetary easing. "As we expected, gold and to a lesser degree silver came under pressure following the 'fact' of the U.S. rate cut," said analysts at Zaner Metals, in a daily report. Fed pol...Read More
The increasing consumption of scrap and a potential shift toward the electric-arc furnace (EAF) steelmaking route from the basic oxygen furnace (BOF) route in China are medium- to long-term threats to demand for steelmaking raw materials, while in the near team coking coal import volumes will continue to be affected by iron ore procurement strategies.This was the basis of Fastmarkets research team...Read More
Can you name any other cell phone providers other than AT&T, Verizon, Sprint or T-Mobile?If you can't, I don't blame you. The 'Big Four' have dominated the mobile provider space for decades.And with their dominance, they've been able to dictate the price of your monthly phone plan. The average starting price of an unlimited plan within the Big Four is now $68.75 a month.Notice I said "starting...Read More
"How is a child's birthday party like #retirement?Find out here and get 5 income-inducing ideas from one of the top REIT experts on the Seeking Alpha marketplace. (Want more ideas like these? Become a Marketplace subscriber!)https://t.co/ym7WJSEJmW#investing #personalfinance"Read full newsRead More
"Are DGI folks reaching for #yield? Is DGI a viable strategy? Should anybody sell $SBUX? Should #investors own $XOM? How much cash should be held? This Seeking Alpha author (and new granddad - congrats Mike! ???^) answers some of these questions. https://t.co/R5DwcawmXf #exxonmobil"Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2019) - Contact Gold Corp. (C)(theRead full newsRead More
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"The Tanger Factory Outlet #businessmodel is poorly understood. It is usually thought to be only about price. Tanger's recent operating metrics have declined from Excellent to Very Good, but it continues to get financially stronger. Continue reading... https://t.co/GKSua1XshB"Read full newsRead More
"#BankofAmerica Merrill Lynch weighs in on Altria. While acknowledging the regulatory and legislative risks around #vaping and Altria's $JUUL investment, BAML reiterates its Buy rating on $MO. Read more here and sign up for email updates. https://t.co/Tf646IcZmY #trading #stocks"Read full newsRead More
"Stocks ended the week on a sour note Friday after a report said the #China #trade delegation, which had visited DC for talks, abruptly canceled a planned visit to Montana.Join us on #WallStreet Breakfast to get caught up on #finance news.https://t.co/S8m0n2uIvg #stockexchange"Read full newsRead More
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"Gold steadied on Friday after losing momentum mid-week following the US Federal Reserves decision to cut interest rates by 25 basis points to a new target range of 1.75 percent to 2 percent on Wednesday (September 18). https://t.co/CFQWmTj65P #preciousmetals #gold #investingnews"Read full newsRead More
Shares in Horizonte Minerals have enjoyed a strong run this year. But there is an argument - one supported by several City analysts - that Horizonte's ?66mln market capitalisation doesn't reflect the mine developer's full potentialRead full newsRead More
"This week saw @KavangoRes announce progress in its hunt for Carbonatites at #Ditau. This project is starting to attract significant interest, withRead full newsRead More
"Armadale Capital jumped on Monday after revealing a premium placing that will fund progress at its key graphite project The ?500,000 raised will take Mahenge Liandu to the point of project-level construction financing https://t.co/m4ohb6t8Kf#ACP @ArmadaleCapital"Read full newsRead More