Trading regime: macro trumps fundamentals The...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 i...Read More
China's rebar prices bounced back on Tuesday March 3 in both the domestic and export markets amid optimism for a strengthening of demand in the local market.Eastern China (Shanghai): 3,400-3,440 yuan ($488-494) per tonne, up 40-50 yuan per tonne Northern China (Beijing): 3,300-3,330 yuan per tonne, up 40 yuan per tonneRebar futures had a bullish start to the day, rising to as high as 3,466 yuan pe...Read More
Markets, traders and businesses still...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...Read More
The London Metal Exchange three-month copper price was little moved during morning trading on Tuesday March 3, with a fresh cancelation of some 17,200 tonnes redundant to price action, while zinc continued its downturn. Copper's outright price on the LME was recently at $5,735 per tonne. Turnover was high in copper over the morning - at just under 7,000 lots - as of 9:15am London time. This m...Read More
We published our latest monthly Stainless Steel Market...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...Read More
China's hot-rolled coil prices rose further on Tuesday March 3 after mills raised their offers, but fewer buyers placed orders in response.DomesticEastern China (Shanghai): 3,520-3,540 yuan ($503-506) per tonne, up 30-40 yuan per tonneNorthern China (Tangshan): 3,280-3,300 yuan per tonne, up 20 yuan per tonneTraders in both eastern China and northern China reported that trading activity had thinne...Read More
Tins relative resilience fading......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...Read More
After strong rallies in US equities at the start of the week that saw the Down Jones Industrial Average (DJIA) close up by 5.09%, markets are getting some comfort this morning from the prospect of easier monetary policy, which is helping them keep the negative impacts from the novel coronavirus (2019-nCoV) in the background.Most Asian equity markets are stronger this morning, but have not been as...Read More
Attempting to form a base above...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 a...Read More
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 its published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS 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 lat...Read More
Base metals traded on the Shanghai Futures Exchange enjoyed more broad-based price gains during the morning trading session on Tuesday March 3, with risk sentiment buoyed by expectations of further stimulus measures to offset the negative economic impact of the novel coronavirus (2019-nCOV) outbreak.The continued positivity in global markets comes ahead of scheduled talks between Group of Seven (G...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesFinancing risks can be managedSPONSOREDThe main priority is advancing construction of the Aripuana zinc project in Brazil, which is planned to produce 120,000 tonnes per year of zinc-eq...Read More
After strong rallies in US equities at the start of the week that saw the Down Jones Industrial Average (DJIA) close up by 5.09%, markets are getting some comfort this morning from the prospect of easier monetary policy, which is helping them keep the negative impacts from the novel coronavirus (2019-nCoV) in the background.Most Asian equity markets are stronger this morning, but have not been as...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesMcIntosh said the focus had turned to "rightsizing" the entry point to new projects while maintaining the company's core focus on quality growth, margins and returns.Read More
U.S. equity index futures were higher this morning. S&P futures were up 16 points in pre-opening trade. G7 central bank members confirmed this morning that they are willing to take measures as needed to offset a slowdown in economies related to the coronavirus breakout. However, no specific action was announced. Target slipped $0.23 to $108.83 after reporting lower than consensus fourth quarte...Read More
The 11sq.km Airstrip target was the largest gold-in-soil anomaly outlined so far on the greater 1,700sq.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resources"This arbitration procedure will not affect our current operations. The amounts discussed have been paid, under protest, and are promptly related to past activities. Currently, we operate under a new contract for guarantees and investment promotion measures," said Cerro Verde in a statement.The dispute with tax agency Sunat relates...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesGrowing social tensions in Chile, as the process leading to a public vote on whether or not to create a constituent assembly to draft a new constitution, is also likely to have been a factor in the cancelation.The event website referred to growing social unrest and the precautions the organisers were taking.Artemis all set thanks t...Read More
A buildup of manganese ore at Chinese ports is set to escalate in the coming weeks when a jump in fresh imports adds to a spillover of material into minor ports, manganese market sources predict. Manganese ore stocks in main Chinese ports stand at 4.64-4.85 million tonnes according to Fastmarkets' latest assessment on Monday March 2, compared with 4.52-4.64 million tonnes at the end of 2019....Read More