There are many reasons to be bullish for silver. Lior breaks them down, and he shares the silver price he'd sell his stack at...by Patrick V. via SBTV with Lior GantzReturning SBTV guest, Lior Gantz, shares with us the many reasons to buy silver. Silver is the only commodity (amongst top 30 commodities in the world) that is far below its all time highs.Discussed in this interview:06:05 Investment...Read More

With gold & silver spiking and reports of massive demand, let's see if demand is overwhelming supply at the COMEX & SLV...by Chris Marcus via Arcadia Economics with Harvey OrganWith gold and silver spiking, amid reports of massive amounts of demand into SLV and the other silver ETF's, Harvey Organ was kind enough to join me on the show to share what he's seeing inside the COMEX.Harvey talks about...Read More

Indian domestic prices for secondary steel billet have fallen by 500 rupees ($7) per tonne in the week ended Friday August 9, on account of reduced buying by finished product makers, Fastmarkets has heard.Prices of secondary billet, mainly produced using the induction furnace process, have weakened even although billet mills have reduced their production, according to an official from a billet mil...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

A US District Court's decision to block Hudbay Minerals' Rosemont project, a proposed open-pit copper mine in southern Arizona, overshadowed the company's second-quarter earnings results, executives said in a conference call on Friday August 9."We are deeply disappointed and frustrated by the decision, which appears to overturn decades of settled mining law in the United States," Hudbay interim ch...Read More

Zinc's three-month price on the London Metal Exchange fell by 3% at the close of trading on Friday August 9, dropping its lowest price September 2016, while nickel futures held at newly elevated levels despite a 1.6% decline (over the day?). Turnover across the exchange was fairly light over the day's trading, with nickel volumes leading the complex at just over 10,500 lots exchanged by the close....Read More

Treatment and refining charges for spot copper concentrates trended lower still early in August, with traders placing sharp bids on tendered cargoes and smelters amid continued port disruptions in Peru.The Fastmarkets copper concentrate TC/RC index basis cif Asia Pacific dropped to $49.8 per tonne/ 4.98 cents per lb on August 9 from $50.4/5.04 cents a week ago. The latest value is another record l...Read More

The Chinese zinc industry has been asked to offer responses by mid-September to a government proposal on stricter import thresholds for zinc concentrate despite strong opposition. Under the current standards for zinc, in place since 2006, imported concentrates may contain a maximum of 0.6% arsenic, 0.3% cadmium and 0.06% mercury, according to the Ministry of Finance. The consultation document, iss...Read More

The Chinese domestic alumina price hit a fresh low on Thursday August 8 after falling for 13 consecutive weeks as a result of weaker domestic demand and an oversupplied market. Fastmarkets assessed the price of alumina metallurgical grade, ddp China at 2,380-2,450 yuan ($337-347) per tonne on Thursday, down 22.72% from the May peak of 3,050-3,200 yuan per tonne. Some market participants reported h...Read More

China launched a consultation paper on Friday August 9 to implement a stricter arsenic threshold on copper concentrates imports, a move that could lead to drastic changes in global trade flow of high-impurity concentrates and a further premium on treatment charges of clean concentrates. Under the proposed thresholds, the maximum content for imports would be 0.4% arsenic, 4.7% lead, 0.06% fluorine,...Read More

Fastmarkets MB has corrected its weekly price assessment for domestic hot-dipped galvanized steel in Eastern China, which was published incorrectly on Friday August 9 due to an input error.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil domestic, ex-whs Eastern China was originally published at 430-4,580 yuan per tonne. This has now been corrected to 4,530-4,580 yuan per...Read More

Domestic rebar prices in Poland have increased over the past week, supported by an anticipated increase in ferrous scrap costs and solid demand, sources told Fastmarkets on Friday August 9.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland, was 2,150-2,170 zloty ($557-562) per tonne on August 9, compared with 2,100-2,120 zloty per tonne a week earlier.The...Read More

Turkish prices for hot-dipped galvanized coil (HDG) and color-coated coil decreased over the week ended Friday August 9, with demand reported to be weak in both the local and export markets.Domestic Turkish coated coil producers began to offer discounts amid the slow market activity.Domestic pricesDemand in the country's local market was poor over the pricing week due to the summer holiday season...Read More

Turkish prices for hot-rolled coil and cold-rolled coil (HRC, CRC) decreased over the week ended Friday August 9 due to the regular summer slowdown and the Eid al-Adha religious holiday next week, sources told Fastmarkets.HRC exportsTurkey's export price for HRC decreased with lower offers, sources said.Fastmarkets' weekly price assessment for steel HRC, export, fob main port Turkey, was $490-495...Read More

Reduced volumes of Chinese-produced steel have been going into the country's export markets throughout 2019 so far. So why is it that steel product prices remain under pressure in other global markets?According to China's General Administration of Customs, in July 2019 the East Asian country exported 5.57 million tonnes of steel, including both semi-finished and finished material. This was down ye...Read More

Stuller Inc., the giant, Lafayette, Louisiana-headquartered merchandise and services supplier for jewelry professionals worldwide, announced it has appointed two new vice presidents. Brian Henderson joins Stuller as the new vice president of marketing and Alix Gonsoulin has been promoted to vice president of bridal, fine jewelry, and findings. Henderson, who relocated to Lafayette, has worked for...Read More

Shifting relationship dynamics, changing perceptions of femininity and the fast adoption of e-commerce channels are paving the way for increased diamond jewelry consumption in China, according to Mabel Wong McCormick, managing director of Diamond Producers Association (DPA) in China. "Expanded symbolism for diamond jewelry indicating a wider range of 'moments' in life will give rise to m...Read More

Content:   At Vicenzaoro September 2019, the topic of its "VISIO.NEXT" program will be "Spreading Sustainability." The program introduces show visitors to the topic and "culture of sustainability, communicating the importance and looking at the best and most effective practices for embarking on an entrepreneurial course heading in this direction." Among the topics covered will be the problem...Read More

  The 36th edition of India International Jewellery Show (IIJS) opened on Thursday, August 8th, albeit it only for those who had received an exclusive invitation for "Preview Day - By Invitation Only." On Friday August 9 the show floors were opened to all the registered participants. The IIJS will run until Monday August 12. The chief sponsor of the show, the Gem & Jewellery Export Promo...Read More

UK alloy steel scrap prices have increased over the past week due to rises in nickel costs, sources told Fastmarkets on Friday August 9.The price of nickel, 3 months, London Metal Exchange Daily Official, was $15,675-15,680 per tonne on August 9, up from $14,520-14,525 per tonne on August 2.Following a...Read More