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Market Summary: Price gains amid holiday-thinned liquidity may not hold

February 05, 2019 / www.metalbulletinresearch.com

Price...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.Subs...Read More

Aluminium: In line with our forecast

February 05, 2019 / www.metalbulletinresearch.com

January price gain well below 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 issue as soon...Read More

EU flat steel distributor shipments down 3% in 2018

February 06, 2019 / www.metalbulletin.com

European distributors of flat steel products reported a 3.1% year-on-year drop in shipment volumes in 2018, Eurometal said this week. "Shipments decelerated mainly in the second half of 2018, with mounting uncertainties regarding the European automotive industry and related supplier sectors," the regional federation for steel, tube and metals distribution and trade, said on Monday February 4. ...Read More

Technical analysis: Getting overbought

February 05, 2019 / www.metalbulletinresearch.com

Aluminium Follow-through selling on Friday February 1 initially...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.Plu...Read More

Copper: Rebound set to continue

February 05, 2019 / www.metalbulletinresearch.com

In this week’s analysis, we intend...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 a...Read More

CIS STEEL BILLET: Price surges further on rising raw materials costs

February 06, 2019 / www.metalbulletin.com

The CIS export price for steel billet continued to move upward at the start of the week beginning on Monday February 4, with mills pushing offers higher amid a global rise in raw materials prices.Offers of March-rolling billet from Russian and Ukrainian mills were heard within the range of $435-440 per tonne fob Black Sea, up from 430-440 per tonne fob at the end of last week.The rise in global sc...Read More

Lead: Base in place, higher prices coming

February 05, 2019 / www.metalbulletinresearch.com

Prices extend gains to levels...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...Read More

GLOBAL SLAB OUTLOOK: Sentiment turns bullish on thin supply, costlier raw materials

February 06, 2019 / www.metalbulletin.com

Major global steel slab markets are set to recover in February after a months-long downturn, with suppliers raising their offers amid higher prices of iron ore and ferrous scrap as well as limited slab availability, participants told Fastmarkets on Monday February 4.CISMarket participants were positive in their forecasts of export prices from the Commonwealth of Independent States (CIS), following...Read More

Nickel: Too much, too soon?

February 05, 2019 / www.metalbulletinresearch.com

Nickel price up 25% already this year After...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 iss...Read More

Tin: Buy the dips

February 05, 2019 / www.metalbulletinresearch.com

In this week’s analysis, we review...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 a...Read More

Zinc: Q4 2018 producer results in focus

February 05, 2019 / www.metalbulletinresearch.com

Testing $2,800 per tonne 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 as soon...Read More

Base metals investment analysis: How long might fund short-covering continue?

February 05, 2019 / 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

Demand Indicators: February 5 2019

February 05, 2019 / www.metalbulletinresearch.com

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

Tech Talk for Tuesday February 5th 2019

February 05, 2019 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Alphabet (GOOGL) dropped $27.17 to $1114.25 despite reporting higher than consensus fourth quarter sales and earnings. Profit margins on advertising revenues were less than consensus. Several investment firms slightly lowered their target price on the stock.Gilead (GILD $70.05) is expected...Read More

Vale puts immediate halt to operations at 13 mln tpy Vargem Grande iron ore complex

February 06, 2019 / www.metalbulletin.com

Brazilian iron ore miner Vale will halt operations at the Vargem Grande complex sooner than was scheduled, the company said on Monday February 4.This was one of the mines already included in the company's decommissioning plan for tailings dams, but its stop has been brought forward, Vale added. Mine output has been stopped immediately although the decommissioning process could take two or three ye...Read More

LIVE FUTURES REPORT 05/02: Comex copper prices rebound during Lunar New Year

February 06, 2019 / www.metalbulletin.com

Comex copper prices in the United States shrugged off earlier losses in morning trading on Tuesday February 5, with the base metals complex temporarily boosted by the lack of Chinese participation while the East Asian country begins its Lunar New Year holiday.The copper price for March settlement on the Comex division of the New York Mercantile Exchange rebounded by 2.20 cents on February 5 to $2....Read More

LIVE FUTURES REPORT 05/02: LME base metals prices consolidate recent gains; nickel keeps above $13,000/t

February 06, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mixed during morning trading on Tuesday February 5, with most metals consolidating gains made at Monday's close while low stocks and a weaker dollar fail to prompt upward price action. Across afternoon trading on Monday, nickel, zinc and lead futures rallied to reach fresh highs, with low liquidity due to the Chinese New Year holidays contributi...Read More

The Lost Secret to U.S. Growth

January 30, 2019 / dailyreckoning.com

No rate hike today.As roundly expected, the Federal Reserve held steady.Mr. Jerome Powell claimed his band of 12 would be "patient" with rate hikes.But we are not so concerned with the day's changing scenery, the shifting kaleidoscope.Our concern is rather the grand sweep, the long view... the perspective of the circling eagle.Today we attempt a wider glance.What holds the eternal key to growth an...Read More

COBALT MONTHLY REVIEW - JANUARY: Oversupply pressures metal prices below $20 per lb; cobalt sulfate moves to premium

February 06, 2019 / www.metalbulletin.com

Oversupply continued to push European cobalt metal prices downward in January 2019, with buyers stepping back from the spot market amid a shared negative outlook.Meanwhile, the Chinese price for cobalt sulfate ticked upward because of stockpiling before the Lunar New Year holiday, February 4-10.Price movesThe cobalt benchmark price moved below $20 per lb in late January, with persistent selling pr...Read More

GLOBAL MANGANESE WRAP: imported ore prices tick down in China during quiet pre-holiday period

February 06, 2019 / www.metalbulletin.com

Trades of small volumes led to a small fall in manganese ore prices in the week ended Friday February 1, while most producers expect to return to the market after the Chinese New Year holiday (February 4-10). Low- and high-grade manganese ore prices in China tick down  Low grade fob ore index stable due to freight rate fall  Tight supply supports silico-manganese price in Europe  H...Read More

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