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EC sets guidelines for goods movements as logistics problems bite due to coronavirus

March 18, 2020 / www.metalbulletin.com

The European Commission (EC) has published guidelines for border management measures including goods transportation during the outbreak of 2019-nCoV coronavirus, now that logistics issues have begun to bite, the EC said on Monday March 16.The rapid spread across Europe of the Covid-2019 disease caused by the virus has forced governments to resort to strict measures, including border closures in so...Read More

Angola making progress in strengtheningits precious stone sector

March 13, 2020 / www.miningweekly.com

Angola has launched a limited public tender to contract three independent diamond evaluators to evaluate the some 9.2-million carats of rough diamonds produced in the country each year. The contracts would fall under government’s services provision regime. The tender is open to both Angolan and foreign bidders, but proposals must be submitted in Portuguese. To win, the bidders will have to h...Read More

ArcelorMittal postpones BF restart in Krakow on coronavirus fears

March 18, 2020 / www.metalbulletin.com

ArcelorMittal Poland had decided to postpone the restart of its blast furnace (BF) at its Krakow plant, the company said on Tuesday March 17.The decision not to restart in the second half of March, as originally planned, was made amid the uncertainty resulting from the spread of the coronavirus (2019-nCoV) in Europe and related risks, the steelmaker said."We have observed that several customers...Read More

GULF STEEL BILLET, REBAR: Local prices down on coronavirus concerns

March 18, 2020 / www.metalbulletin.com

Domestic rebar prices in the United Arab Emirates have gone down over the past week amid concerns about the spread of the 2019-nCoV coronavirus outbreak, sources said on Tuesday March 17.Local rebar producers announced new monthly domestic prices on February 25. Emirates Steel was offering rebar at 1,897 dirhams ($516) per tonne ex-works last week, but the company lowered its price once again this...Read More

GULF FLAT STEEL IMPORTS: Coronavirus outbreak keeps demand sluggish

March 18, 2020 / www.metalbulletin.com

Flat steel import prices in the United Arab Emirates and Saudi Arabia remained steady over the week, with market demand limited amid the novel coronavirus (2019-nCoV) outbreak, sources said on Tuesday March 17.UAEChinese suppliers' offers for hot-rolled coil (HRC) were stable at $475-485 per tonne cfr this week, while Japanese suppliers continued to offer the same material at $480-485 per tonne.Fa...Read More

Mexican ferrous scrap prices stable; market muted by virus concerns, currency moves

March 18, 2020 / www.metalbulletin.com

Ferrous scrap prices in the Mexican domestic market were unchanged in the week ended Friday March 13 amid growing uncertainty in raw material markets due to the novel coronavirus (2019-nCoV) outbreak and a massive devaluation of Mexico's currency.Prices were reported at stable levels last week, with market participants trying to anticipate the direction prices will take in the coming days."We will...Read More

COKING COAL DAILY: Prices steady but impact of 2019-nCoV outbreak now being felt in Mongolia, Mozambique

March 18, 2020 / www.metalbulletin.com

Seaborne coking coal prices remained largely stable on Tuesday March 17, amid subdued trading activity. Fastmarkets indicesPremium hard coking coal, fob DBCT: $163.74 per tonne, up $0.69 per tonnePremium hard coking coal, cfr Jingtang: $167.70 per tonne, up $0.93 per tonne.Hard coking coal, fob DBCT: $146.01 per tonne, unchangedHard coking coal, cfr Jingtang: $152.50 per t...Read More

IRON ORE DAILY: Steely edge for the steelmaking raw material

March 18, 2020 / www.metalbulletin.com

Seaborne iron ore prices moved up on Tuesday March 17 with market participants highlighting rebar and iron ore as the star performers in China, with physical iron ore prices performing strongly during the day.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $91.20 per tonne, up $0.32 per tonne 62% Fe low-alumina fines, cfr Qingdao: $92.39 per tonne, up $0.25 per tone58% Fe fines high-grade...Read More

Market Summary: Quantifying the demand damage

March 17, 2020 / www.metalbulletinresearch.com

Quantifying...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 publishe...Read More

Aluminium: Trying to consolidate

March 17, 2020 / www.metalbulletinresearch.com

Global risk-off selling intensifies Global markets...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 lat...Read More

Technical analysis: Long-term support levels under threat

March 17, 2020 / www.metalbulletinresearch.com

Aluminium Despite the broad-based selling in the LME...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...Read More

PRICING NOTICE: Delayed publication of China domestic coking coal price

March 18, 2020 / www.metalbulletin.com

The publication of Fastmarkets China Domestic Coking Coal price estimate for Monday March 16 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 TangshanQuality:Volatile matter: 75Y value: >16Ash: <=11.5Sulfur:...Read More

Copper: Sitting at a major support

March 17, 2020 / www.metalbulletinresearch.com

Copper at its lowest since November...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 so...Read More

Lead: 2020 demand outlook scaled back

March 17, 2020 / www.metalbulletinresearch.com

Prices more volatile, contango returns...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

Government measures to control virus locking country down

March 17, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesPresident Martin Vizcarra has declared a national state of emergency including a 15-day national quarantine, in addition to stopping international flights to Europe and closing land borders.Read More

Nickel: Relative resilience

March 17, 2020 / www.metalbulletinresearch.com

Nickel prices sold off again... The LME three-month...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 la...Read More

Tin: Fundamentals do not justify the recent sell-off

March 17, 2020 / www.metalbulletinresearch.com

End of ‘low beta’...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

Zinc: Surplus for 2020

March 17, 2020 / www.metalbulletinresearch.com

Global risk sell-off intensifies The LME...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

Antofagasta holds firm on 2020 guidance

March 17, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesAntofagasta CEO Iván Arriagada said the company's operations had "not yet been affected", and that copper production would be between 725,000-755,000 tonnes, as he advised towards the end ofRead More

Base metals investment analysis: Bearish risks for copper as positioning not yet overly bearish

March 17, 2020 / www.metalbulletinresearch.com

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.SubscribeRead More

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