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

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

The London Metal Exchange three-month copper price maintained its level on Friday March 13, closing at $5,460, with almost 31,000 lots traded on the day.The copper price touched a high of $5,589 per tonne but also fell to a low of $5,319.50, before consolidating around the $5,400-per-tonne mark.The copper price was also supported by the fresh cancellation of 1,150 tonnes on Friday, bring...Read More

The main coking coal exports hub of Dalrymple Bay Coal Terminal (DBCT) in Queensland, Australia, declared force majeure after vessel loading operations were suspended earlier this week, market sources told Fastmarkets on Friday March 13.Fastmarkets indicesPremium hard coking coal, fob DBCT: $162.13 per tonne, up $2.57 per tonnePremium hard coking coal, cfr Jingtang: $166.68 per tonne, up $1.82 per...Read More

Seaborne iron ore prices moved higher on Friday March 13 as portside iron ore stocks fell, steel and steelmaking raw materials futures rose, China's central bank provided another boost to the economy and global equities market found a footing following a rout earlier this week.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $91.71 per tonne, up $0.96 per tonne. 62% Fe low-alumina fines, cfr...Read More

SD Friday Wrap: Last weekend was the last normal weekend. Here comes the grave new world, so dig in and hunker down before next week if possible...Editor's Note: These charts were set up before 12:30 p.m. EST and do not reflect price action after that time.*****I don't have a lot of time to write this Friday afternoon.Please accept my apologies in advance.You don't have a lot of time to be reading...Read More

Just days after gold traders, gold investors, and goldbugs thought the sharp decline was nothing more than a bad dream, reality kicked in...by Przemyslaw Radomski via Sunshine ProfitsIn yesterday's analysis, we wrote that the outlook for the precious metals sector remained bearish, and we wrote that if you've been wondering which parts of the precious metals sector are likely to decline the mo...Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday March 13. United States  Thin available inventory pressured prices upward. Consumer interest was still limited but suppliers drove liquidity...Read More

The pig iron market in the United States has weakened during the week to Friday March 13, under pressure from the general economic uncertainty caused by the novel coronavirus (2019-nCoV), sources told Fastmarkets.Fastmarkets' price assessment of pig iron, import, cfr Gulf of Mexico, US, was $345-347 per tonne on Friday, down from $360-363 per tonne a week ago."We are concerned about the effects...Read More

Most mill-grade aluminium scrap prices fell in the United States this past week, encouraged by weaker London Metal Exchange aluminium prices and uncertainty resulting from the spread of the novel coronavirus."The mill-grades are down this week. The LME dropped a lot, and scrap hasn't fallen as much but it's down a bit," one US scrap seller said.Fastmarkets assessed the segregated low copper alloy...Read More

The London Metal Exchange three-month copper price maintained its level on Friday March 13, closing at $5,460, with almost 31,000 lots traded on the day.The copper price touched a high of $5,589 per tonne but also fell to a low of $5,319.50, before consolidating around the $5,400-per-tonne mark.The copper price was also supported by the fresh cancellation of 1,150 tonnes on Friday, bring...Read More

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

A summary of UC Rusal's financial results for the full year to December 31, 2019. In brief:  Rusal recorded a net profit of $960 million in the 12 months to December 31, 2019 compared with $1.698 billion in 2018, a fall of 43.5%. The company's revenue fell by 5.5% to $9.711 billion from $10.28 billion over the same period of 2018.  Rusal attributed the fall in profit to a 15.1% decrease...Read More

A summary of Hydro's financial results for 2019 up to December 31. In brief:  Hydro's underlying earnings before interest and taxes (Ebit) decreased to 3.36 billion Norwegian kroner ($336 million) from 9.07 billion Norwegian kroner for 2018.  The decrease mainly reflects lower aluminium and alumina prices. It was partly offset by increased production in Brazil, lower raw material costs a...Read More

The Institute of Scrap Recycling Institutes (ISRI) has decided to cancel the annual recycling event in Las Vegas next month, the biggest of its kind in the scrap industry, citing concerns over the spread of the coronavirus (2019-nCoV).ISRI Convention and Exposition - the largest event in the recycling industry - was originally scheduled to take place on April 25-30 in Las Vegas, United States. The...Read More

The three-month nickel price on the London Metal Exchange recouped the previous day's losses during morning trading on Friday March 13, while zinc futures also made a 3.6% recovery to push back above nearby resistance levels. Nickel's outright price on the LME was recently at $12,545 per tonne, with trading volumes over the morning exceeding 8,300 lots, second to copper's 15,300 lots exchanged as...Read More

Hot band prices in the United States took a drop on Friday March 13, with market participants unsure about how to navigate the potential impact of the novel coronavirus (2019-nCoV).Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $28.25 per hundredweight ($565 per short ton) on Friday March 13, down by 2.9% from $29.09 per cwt the day before and down 6.5% fro...Read More

Prices for cold-rolled and galvanized sheet in the United States weakened after the spread of coronavirus and financial-system volatility convinced market participants that inventory buys will dry up until American businesses can better measure health and economic outcomes.Some sources said they spent more time this week assessing the impact of the broader economic events on their companies than t...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

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