Adam HamiltonArchivesMar 13, 2020 With the major gold miners' stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic's extreme fear terrifying the markets, it's very important to stay grounded in the gold stocks' underlying fundamentals. Just this week they are finishing reporting their Q4'19 results, which were incredib...Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday March 13.China Spot domestic Chinese ferro-chrome prices have dropped after leading mill Tsingshan Group lowered its March tender price by 2.6%.The lower tender and...Read More

A substantial shareholder notice lodged this morning shows Squadron spent A$9.1 million buying 44.9 million Panoramic shares since the end of January. It gives Squadron an initial 5.Read More

Aluminium primary foundry alloy premiums were stable in Europe and the United States this week, with market participants pondering the long-term effects of the outbreak of 2019-nCoV coronavirus on the market's fundamentals and supply chain.EuropePremiums in Europe were steady, with market participants uncertain about the direction the market might take due to the measures being taken to try to con...Read More

An overview of the minor metals markets andthe reasons for any price moves.Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 336,29036,75954,064182,948511,252573,302602,075 Change from Prior Reporting Period -29,883-9,681-31,2954,814-17,893-56,364-58,869 Traders 20177796158300183 Small Speculators LongShortOpen Interest 60,16831,395633,470 -2,151354-58,515 non reportable positi...Read More

Do not look at corona virus news. It will only result in you making a wrong decision. Think long term. Thing strategically and then invest. Do not try to play the T20 cricket game. Hit or miss way of investing will result in more misses or more losses. Invest with a 5 day cricket test match view. A good investment call and you can easily make over hundred percent return before Christmas. Asian n...Read More

Public Health Sudbury & Districts medical officer Dr Penny Sutcliffe confirmed an attendee to the conference, which saw about 23,000 people gathered under the same roof, had tested virus-positive upon returning home."I am confirming that based on our investigations so far, the individual was not infectious while attending the PDAC 2020 conference March 2 and 3 in Toronto," said Sutcliffe."Our...Read More

German steelmakers have settled their monthly contracts for ferrous scrap in March with a month-on-month increase of ?,?10-15 ($11-17) per tonne, following the rise in the international market, sources told Fastmarkets on Friday March 13.The steelmakers, however, had wanted lower prices for scrap due to the fall in long steel demand that has resulted from the uncertainties related to the 2019-nCoV...Read More

The inter-merchant spot market for light iron scrap in the UK was steady for a fifth consecutive week, but there may be losses in the near term as other grade spot prices delivered to British steelmakers dropped after monthly settlements were agreed up on February, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant,...Read More

Activity in the Italian ferrous scrap market has almost vanished due to the country's lockdown to deal with the outbreak of 2019-nCoV coronavirus, sources told Fastmarkets on Friday March 13.On March 11, Italian Prime Minister Giuseppe Conte signed a decree tightening the country's lockdown from the conditions set out in a previous decree on March 9. While there were no explicit measures to restri...Read More

The Dow Jones Industrial Average Index (DJIA) closed down by 10% on Thursday March 12, taking the loss from the February high to 28.3%, while the London Metal Exchange three-month base metals at their recent lows have been down by an average of 16% - ranged between 10.4% for aluminium and 22.2% for zinc.DJIA futures were up by 1.6% in pre-market trading at 6.45am on Friday morning, although most A...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Chinese domestic spot battery-grade lithium carbonate prices stabilized temporarily on Thursday March 12 after a slight decrease last week, market in other regions remained flat with market participants worrying about an economic slowdown due to the spread of coronavirus (2019-nCoV) globally.China's battery-grade lithium carbonate prices stabilized this week after a decrease last week.China's lith...Read More

Steel import prices in South America were mixed over the past week, with some suppliers taking advantage of lower availability to present more expensive offers, while China-origin material was offered at lower levels, source told Fastmarkets.Market participants noted an unusual scenario of flat-rolled steel being offered to Brazil at lower levels than South American Pacific countries. Chinese stee...Read More

The hot-rolled coil market in Northern European weakened slightly on Friday March 13 on negative sentiment due to uncertainty relating to the novel coronavirus (2019-nCoV) outbreak, sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?481.18 ($540.29) per tonne on Friday March 13, down by ?,?1.32 per tonne from ?,?482.50 per tonne on M...Read More

Indian hot-rolled coil (HRC) producers have dropped their export prices of the commodity after the Indian rupee continued to weaken against the dollar. Fastmarkets' price of steel HRC export, fob main port India fell to $465-470 per tonne on Friday March 13, a drop of $15 per tonne or 3.1% from last week's assessment of $480-485 per tonne fob...Read More

Domestic rebar prices in Poland have been largely unchanged this week on flat scrap values and stable demand, sources told Fastmarkets on Friday, March 13.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, ex-works Poland, was unchanged at 1,900-1,930 zloty ($502-520) per tonne on Friday March 13.The assessment includes deals and offers heard in the market at 1,930-1...Read More

Yesterday, markets suffered their worst day since the Black Monday crash of 1987, as coronavirus panic continued to grip investors, triggering the second trading halt of the week.How bad is it? Seven of the top 10 largest daily point drops in the Dow have occurred over the past three weeks!Dow Jones Largest Daily Point LossesThe CBOE Volatility Index (VIX), used to measure the level of fear, risk,...Read More

Italian long steel producer Feralpi Group has announced the closure of one of its mills, starting from March 16, due to the outbreak of 2019-nCoV coronavirus, the company told Fastmarkets on Friday March 13.On March 11, Italian authorities issued another decree intended to help restrict the spread of the coronavirus infection, tightening the lockdown across the country from the conditions set out...Read More