A summary of full year 2019 financial results for German metals distributor Kl??ckner & Co SE. In brief: The company cites falling steel prices and weak demand for a drop in earnings. Shipments and sales both fell across all segments of the business. Full year 2019 results Earnings before interest, taxes, depreciation and amortization (Ebitda)...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country's growth outlook at risk. The full scale and impact of the outbreak remain to be seen, but it is cer...Read More
(IDEX Online) - The MJSA Expo and JA New York Spring events have both been canceled at five days' notice, because of coronavirus fears in New York.The MJSA Expo, the longest-running jewelry trade show in the USA, which last year attracted 3,000 buyers, says it hopes to announce new dates soon.JA New York Spring, which attracts 600 jewelry brands, designers and suppliers, says it has two...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.2020 will see lead transition into a market surplus after several years of significant deficit, according to Wood Mackenzie.Despite total exchange stocks of refined metal remaining near historical lows, softening demand has damaged se...Read More
(IDEX Online) - Star Diamond Corporation is to sue Rio Tinto over a joint venture, accusing it of "bad faith predatory practices".The two Canadian companies joined forces in 2017 to establish Star-Orion South, the first commercial diamond in Saskatchewan province.But Star Diamond, the smaller partner in the agreement, claims Rio Tinto has overspent on exploration, failed to share "any meaningful d...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.India's renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would s...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.All eyes will be on the Indonesian nickel market in 2020.The knives may be out for the country’s nascent stainless industry but the staggering potential for expansion in NPI may reduce the impact of the nickel ore export ban to...Read More
(IDEX Online) - Alrosa, Russia's leading diamond miner, today blamed weak demand for a 21 per cent drop in revenue and a 31 per cent slump in net profit for 2019.It released financial results days after announcing it would cut supply to match the falling demand due to the coronavirus epidemic.Sales were down 12 per cent because of "weaker demand in the rough and polished diamonds market," Alr...Read More
Ferrous scrap market participants in the United States are steeling themselves for the likelihood of a pricing downturn in April, due to a multitude of uncertain economic and geopolitical conditions threatening the market outlook. Domestic steel mills successfully limited the pricing upside during the March trade - unanimously holding their ground on a $10-per-gross-ton increase on prime scrap whi...Read More
Turkish steel producers have continued to hold back from the deep-sea scrap market despite shrinking stock levels because of the firm prices being asked, sources said on Tuesday March 10.There have been no new bookings so far this month, but suppliers were keeping their offers steady.Offers of HMS 1&2 (80:20) from the US remained at $280 per tonne cfr, while offers of similar material increased by...Read More
Seaborne premium hard coking coal prices fell on Tuesday March 10, amid bearish sentiment caused by volatility in global financial markets and, more specifically, due to cuts in domestic coke prices in China. Fastmarkets indicesPremium hard coking coal, fob DBCT: $157.29 per tonne, down $1.36 per tonnePremium hard coking coal, cfr Jingtang: $166.66 per tonne, down $2.78 per tonneHard cok...Read More
The seaborne iron ore market has been bolstered on Tuesday March 10 amid concerns over supply constraints from Brazil and positive expectation for steel demand in March and April. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $92.09 per tonne, up $4.13 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $93.40 per tonne, up $4.13 per tonne58% Fe fines high-grade premium, cfr Qing...Read More
The publication of Fastmarkets China Domestic Coking Coal price estimate for Monday March 9 was delayed due to an administrative error. The Fastmarkets pricing database, MInD, has since been updated. Below are the details of the price.Price name: MB-COA-0001 Hard coking coal domestic China spot market , Shanxi-origin, delivered Tangshan Quality:Volatile matter: 75 Y value: >16 Ash: <=11.5 Su...Read More
Waiting...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.Su...Read More
Global economy continues taking coronavirus damage 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 lates...Read More
Aluminium The LME three-month aluminium price registered a...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 breaks below its 2019 low 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
Waiting to see how much...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...Read More
Lots of EV news, but little is particularly...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 iss...Read More
Tin looks more resilient...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...Read More