By: Ira EpsteinGold's 18-DMA moving higher, today in the $1460's. Gold show bullish signs:Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday August 9.  US Key drivers  Excess supply endures, with contracted material, silicon-rich scrap alternatives and grade 5-5-3 increasingly coming to the United States from numerous overseas suppliers.  Business remains subdued for automakers, lowering their demand for secondary aluminium...Read More

Key data from the pricing sessions in Asia and Europe in the week ended Friday August 9. China Key drivers The price of antimony MMTA standard-grade II, ddp China ended a month of stability last week, dropping after some domestic suppliers lowered their offer prices to secure sales.  Concerns over the possible outflow of antimony stocks held in Fanya Metal Exchange warehouses in the nea...Read More

The price of ferrous scrap in Mexico's northern Monterrey region increased in the week ended Tuesday August 13, while prices in the southern Baj?-o region remained stable, Fastmarkets has learned.Fastmarkets' assessment for steel scrap No1 busheling, consumer buying price, delivered mill Monterrey, was 4,850 pesos ($248) per tonne on August 13, up from 4,700 pesos per tonne a week before, while th...Read More

The Turkish deep-sea scrap markets were unchanged today while trading paused in the country due to the Eid al-Adha religious holiday, sources told Fastmarkets on Tuesday August 13.The Turkish market and those in other Middle Eastern territories will be closed until August 15 for Eid al-Adha; no new cargoes are expected...Read More

The UK ferrous scrap market for deliveries to domestic consumers in August has settled with prices unchanged for the third month in a row, balanced between relatively tight supply and low key demand, Fastmarkets heard on Tuesday August 13.The uncertainty about underlying consumption in the UK and Europe, because of weaker manufacturing, helped to confirm the downward trend. And the weakness of ste...Read More

The economic and geopolitical clouds are getting more widespread and darker with unrest in Hong Kong and debt default concerns in Argentina adding to market concerns that are already stressed by the continuing US-China trade dispute, poor global economic data, stalemate over Iran and the potential for a hard Brexit. Gold has pushed up to another fresh multi-year high on Tuesday August 13, but some...Read More

Gold futures finished higher Monday, near a six-year peak above $1,500-an-ounce set last week, as the U.S.-China trade battle showed few signs of letting up, and as demonstrations in Hong Kong heightened fears about the health of global markets and economies. December gold GCZ19, -0.15% on Comex rose $8.70, or 0.6%, to $1,517.20 an ounce, while September silver SIU19, -0.26% added 14 cent, or 0....Read More

Under the cloud of the continuing US/China trade dispute, which has no end in sight and is weighing on global economic activity, market sentiment is subdued. But numerous events are buffeting prices - with nickel supported by short-covering and fresh buying against concerns about present and future supplies, while copper mine supplies may be affected by strikes at ports in Peru. Zinc and tin, rema...Read More

Revenue at lithium producer Livent increased in the second quarter of 2019 on higher volumes of lithium compounds sold, which offset the lower prices achieved.North American lithium producer Livent's revenue increased by 5.7% in the second quarter of 2019 to $114 million, from $107.9 million in the corresponding quarter of last year.Higher volumes of material sold partially offset the lower prices...Read More

Albemarle has put its lithium production expansion plans on hold due to current market oversupply and lower prices, Luke Kissam, the company chief executive officer said. Changes to China's new energy vehicles (NEVs) subsidies, shifts in cathode chemistry and the oversupply of lithium carbonate have raised concerns among the energy storage value chain, Kissam said during the company's second-quart...Read More

For the past seven or eight years, the worst performing market in the world has been oil. The great shale revolution turned the United States into the world's largest oil producer, employed hundreds of thousands of people, transformed the highways into SUV rage tracks, but did nothing for oil stocks. Explorers, producers, blue chips, and wildcatters couldn't catch a bid. Back in the day, if a l...Read More

The export market for Commonwealth of Independent (CIS)-origin hot-rolled coil and cold-rolled coil were slow on pessimistic buyers' mood, sources told Fastmarkets on Monday August 12.Fastmarkets' price assessment for steel HRC, export, fob Black Sea, CIS was $470-485 per tonne on Monday, unchanged week on week."Local markets in the key outlets are weak, in such conditions import price should go d...Read More

China's hot-rolled coil prices rose on Tuesday August 13 after trading picked up a day earlier, though some mills lowered their export offers in an attempt to secure sales.DomesticEastern China (Shanghai): 3,700-3,710 yuan ($525-526) per tonne, up 40 yuan per tonneNorthern China (Tangshan): 3,700 yuan per tonne, up 30-50 yuan per tonneMills in northern China raised their ex-works offers by around...Read More

Some market participants expect China's hot-rolled coil prices to rebound in the near future, bolstered by stronger trading, although ex-works prices in northern China dropped on Monday August 12.DomesticEastern China (Shanghai): 3,660-3,670 yuan ($519-521) per tonne, up 20 yuan per tonneNorthern China (Tangshan): 3,650-3,670 yuan per tonne, down 30-50 yuan per tonneSpot prices in Shangh...Read More

Here is the video summary of the August 13th INK Morning report which looks at soaring Eldorado Gold (ELD) and the risk that it may spring a financing on investors, just as New Gold (NGD) recently did.INK Research and Canadian Insider are both subscriber-supported. We do not accept payments from issuers or promoters for stock coverage. This video first appeared on INKResearch.com.Script:Eldorado...Read More

China exported 2,807 tonne of ferro-vanadium (basis 75% vanadium) in the first half of 2019, a drop of 17.9% from 3,419 tonnes over the same period in 2018, according to official but unconfirmed data seen by Fastmarkets. The pronounced year-on-year dip in the export of ferro-vanadium was mainly due to a higher Chinese price compared with its European counterpart for most of the first half of the y...Read More

In this week's newsletter, we add Argentina to the list of things for investors to worry about. Will crude oil give us the signal to exhale? Also, our broadcast of the week looks at insider buying in the oil patch and our insider of the week reminds us that financing risk is a live and well for gold stocks in these early days of the bullion bull market. Click here to read the latest edition of In...Read More

Import prices for rebar in Singapore dipped in the past week with buyers staying away from the spot market on expectations of further decreases due to a weakening of the raw materials sector upstream.The weekly Fastmarkets price assessment for steel reinforcing bar (rebar) import, cfr Singapore - which mainly looks at cargoes sold into Singapore on a theoretical-weight basis - was $480-485 per ton...Read More

China's domestic rebar prices picked up some strength on Tuesday August 13 amid early gains in the futures market. Domestic Eastern China (Shanghai): 3,650-3,680 yuan ($517-521) per tonne, up 20 yuan per tonneNorthern China (Beijing): 3,610-3,640 yuan per tonne, up 10 yuan per tonneRebar futures picked up late on Monday and stayed high for the rest of the day. The most-traded October contract stay...Read More