Digital platform revolutionizes traditional jeweler business practices NEENAH, Wis. (August 11, 2020) - Jewelers Mutual Group launched the ZingTM platform, created to drive the jewelry industry into the future. The Zing platform empowers jewelers, manufacturers, wholesalers, and others to conduct business digitally. It simplifies pro...Read More

Hot-rolled coil prices in the United States continued to hover around $23 per hundredweight ($460 per short ton) this week, while demand outlook remained unclear, according to sourcesFastmarkets' daily hot-rolled coil index, fob mill US was calculated at $22.96 per cwt ($459.20 per ton) on Wednesday August 12, down 0.5% from $23.08 per cwt on Tuesday August 11, but up 0.2% from $22.91 per...Read More

Consumption of steel end-products by Turkey increased by 8.7% year-on-year in January-June 2020, while crude steel production decreased by 16.3% compared with the first six months of 2019, the Turkish Steel Producers' Association (TCUD) said on Tuesday August 11.The TCUD believed that the decline in production was a consequence of exports decreasing as a result of quota regimes in external markets...Read More

A summary of the financial results for Egypt's biggest steelmaking group, Ezz Steel, for the period from January 1 to March 31, 2020.In briefEarnings were down because "the negative effect of Covid-19 damped the positive volume trend [seen by Ezz Steel] at the beginning of the first quarter of 2020... Export quantities suffered the most," according to Paul Chekaiban, chairman and managing director...Read More

Prices for domestic cold-rolled in Europe were largely unchanged in the week to Wednesday August 12 due to the seasonal summer slowdown, although sources believe some mills will push offers up, Fastmarkets heard.Fastmarkets' weekly price assessmentfor steel cold-rolled coil, domestic, exw Northern Europe was ?,?500-510 ($588-600) per tonne on August 12, compared with ?,?490-510 per tonne a week ea...Read More

The price of steel H-beams in Europe was unchanged this week amid quiet summer market activity, but market participants said they expect increases in the coming weeks because of rising raw material costs and improving demand, sources told Fastmarkets on Wednesday August 12. Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe was ?,?530-560 ($623-658) per...Read More

The Iranian export billet and slab market was under pressure from lower export demand, particularly in Asia, as well as domestic demand in the week ended Wednesday August 12, sources said.Demand in the Asian region, which has been largely limited to China in recent months, decreased also due to the weakening futures market.The most-traded October rebar futures contract closed at 3,805 yuan per ton...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesConsolidated copper production for the June quarter was down 27% from the previous quarter to 18,026 tonnes, reflecting Constancia's suspension to mid-May.Hudbay put Peru production guidance at 65,000-75,000t of copper and 25,000-35,000 ounces of precious metals, down from its earlier forecast of 80,000-95,000t and 45,000-55,000oz...Read More

Increased choppiness in the base metals in recent days suggests the bullish and bearish camps are getting more balanced and a new fight for supremacy is unfolding.This morning, Wednesday August 12, the bears have the upper hand, with base metals prices down on the London Metal Exchange and Shanghai Futures Exchange - both complexes were down by an average of 1.4% as at 6.20am London timeWider mark...Read More

Seaborne premium hard coking coal prices remain relatively flat on Wednesday August 12 amid a quiet seaborne spot market until one transaction was heard later in the evening, Fastmarkets heard.Fastmarkets indicesPremium hard coking coal, fob DBCT: $104.42 per tonne, down $0.09 per tonnePremium hard coking coal, cfr Jingtang: $115.86 per tonne, up $0.02 per tonneHard coking coal, fob DBCT: $87.15 p...Read More

ZINCMINI CARRY TIPS ZincMini Carry Tips – Buy ZincMini APRL at CMP 144.05 Add more if price Near 143 with SL 141.90 for Target 145.90 – 146.90 – 147.80 (CARRY) Read More

Seaborne iron ore prices showed slight upticks on Wednesday August 12 with firm support from a healthy appetite for the raw material among steelmakers, according to trade sources.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $121.51 per tonne, up by $0.42 per tonne.62% Fe low-alumina fines, cfr Qingdao: $121.00 per tonne, up by $0.55 per tonne.58% Fe fines high-grade premium, cfr Qingdao:...Read More

LEADMINI TIPSLeadMini Tips – LeadMini Sell Call 225a given at 132.80 Almost near to 1st Target 131.40. CMP 131.50. Profit of 1.3 x 2 lot = 2.60 PointsCALL ID 225a : LeadMini Tips - SELL LeadMini April at CMP 132.80 for Target tomorrow 131.40 - 130.40 with SL Above price 134.05. Risk Taker trade 2 lots Read More

Italy iShares (EWI) moved above $26.32 extending an intermediate uptrend.Morgan Stanley (MS), an S&P 100 stock moved above $53.14 extending an intermediate uptrend.Royal Bank (RY), a TSX 60 stock moved above $98.27 extending an intermediate uptrend. Nutrien (NTR), a TSX 60 stock moved above $51.76 extending an intermediate uptrend.Inter Pipeline (IPL), a TSX 60 stock moved above $14.58 extendi...Read More

ABN Amro will end its financing activities of commodity clients globally, it said on Wednesday August 12.The Dutch bank will stop all non-European corporate financing, which accounts for around 45% of its current client loan portfolio, and will wind down units in the United States, Asia, Australia and Brazil, in a process expected to take around three to four years."The Trade & Commodity Finance a...Read More

COPPER TODAYCopper Today – Copper April Buy Call 225f given at price 376.20 CMP 377.70. Low risk taker book 1.5 Points / Rs 3750 Per lot. Risk Taker Hold as per tipsCALL ID 225f : Intraday Copper Tips - BUY Copper April at CMP 376.20 for Target 378.50 - 379.90 with SL below price 373.90 Read More

Intraday Copper Tips – BUY Copper April at CMP 376.20 for Target 378.50 – 379.90 with SL below price 373.90 Read More

TODAY LME : 27/03/2020Daily LME Daily Stocks is as followsAluminium up by 19100MTCopper down by -650MTLead unchange -25MTNickel down by -30MTZinc down by -725MT Daily LME Cancelled Warrants is as followsAluminium down by -2675MTCopper down by -1150MTLead up by 250MTNickel down by -210MTZinc down by -850MT Read More

LeadMini Tips – SELL LeadMini April at CMP 132.80 for Target tomorrow 131.40 – 130.40 with SL Above price 134.05. Risk Taker trade 2 lots Read More

ZINCMINI TIPSZincmini Tips – Zinc Mini Buy Call 224b given at 144.20 CMP 145.60. Low risk taker book 1.40 x 2 lot = 2.80 Points / Rs 2800 Profit. Risk Taker HOLDCALL ID 224b : ZincMini Calls - BUY 2 lot ZincMini March at CMP 144.20 Add more if price 143.10 with SL 141.90 for Target 146 - 147.50 Read More