Turkish deep-sea scrap import prices went up on Monday February 4 after a new cargo booking was heard, sources told Fastmarkets.A cargo came to light on Monday which was reported to have sold on Friday, but after the submission deadline for that day's indices.A steel mill in the Izmir region booked a European cargo comprising...Read More

Domestic scrap prices in Turkey have increased over the past seven days, in line with higher costs for imported scrap, sources said on Monday February 4.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) scrap was TRY1,595-1,690 ($306-324) per tonne delivered on February 4, rising from TRY1,500-1,660 per tonne last week.https://www.metalbulletin.com/My-price-book.html?Price=...Read More

Seaborne iron ore prices were flat on Monday February 4 as the global market's biggest buyer, China, started its week-long Lunar New Year holiday.MB 62% Fe Iron Ore Index: $85.53 per tonne cfr Qingdao, unchanged. MB 62% Fe Pilbara Blend Fines Index: $86.37 per tonne cfr Qingdao, unchanged. MB 62% Fe Iron Ore Index-Low Alumina: $87.32 per tonne cfr Qingdao, unchanged. MB 58% Fe Premium Index: $78.7...Read More

Seaborne coking coal spot prices were stable on Monday February 4, amid a lull in trading with China off for Lunar New Year holiday."With the port issues in China and market participants away the whole week, we are waiting for seaborne coking coal prices to soften back to the $190s per tonne [fob Australia] level," an Indian end user said, opting to stay on the sidelines till the Chinese buyers ar...Read More

In a continued uptrend, the three-month nickel price is now trading above $13,000 per tonne for the first time since August 2018, and is up just under 24% from the start of the year when nickel futures were trading under $11,000 per tonne. Click...Read More

Aluminium billet premiums in Europe are under pressure after US sanctions against Russian producer UC Rusal were removed, yet primary aluminium premiums have moved in the opposite direction. Billet premiums in Italy and Spain were the most affected with increased availability of material and competitively lower offers pushing the market down. Fastmarkets assessed the premium for aluminium bil...Read More

The price for copper in the United States market fell in morning trading on Monday February 4 on a lack of fresh news about the US-China trade war, Fastmarkets heard.The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped by 0.60 cents on Monday to $2.7670 per lb.Market participants kept their focus on any new developments in the US-China trade battle...Read More

The London Metal Exchange has approved the Category II membership resignation of independent clearing firm GH Financials Ltd with effect from 11:59pm London time on Monday February 4, the exchange said in a note to members. GH Financials' LME membership dates back to 2012, with the firm's initial membership approval coming alongside BOCI Global Commodities UK Ltd, the LME's first Chinese member. T...Read More

Due to the Chinese New Year holidays on February 4-10 and the closure of the Shanghai Futures Exchange (SHFE), Fastmarkets MB will not publish any live futures reports during Asian hours this week.Fastmarkets MB will continue to publish two live future reports, focusing on London Metal Exchange prices, during European hours as well as one live futures report focusing on CME metal futures markets d...Read More

Key data from the February 1 pricing session in London. Key drivers- Cobalt prices continue to soften, with material from certain metal brands understood to be in adequate supply over the coming months, because they were not committed to long-term supply deals. Benchmark standard-cobalt prices were down by 21.5% in January; alloy-grade prices were down by 23%.- The pace of price declines slowed wh...Read More

The global antimony market was quiet in the week ended Friday February 1 with trading slowing down ahead of the Lunar New Year. Chinese market participants will be largely absent from the market for a week dated February 4-10 for the annual celebration. In Europe, Fastmarkets' price assessment for trioxide-grade antimony, in-warehouse Rotterdam, was stable week on week at $7,800-8,000 per tonne on...Read More

Three-month base metals prices on the London Metal Exchange were mixed this morning, Monday February 4, with copper down by 0.4% at $6,116 per tonne and zinc leading on the upside with a 0.6% gain. Aluminium, nickel and lead were all up by 0.2% and tin was little changed.With the Lunar New Year holidays (February 4-10) underway in China and across most of Asia, volume across the LME base metals co...Read More

In Europe, the ferro-silicon price fell to lows last seen in February 2017 last week on suppliers competing for business from steelmakers keen to push down their feedstock prices amid weakening underlying consumption; while the domestic Chinese market dropped by 2.4% week on week amid quiet business conditions ahead of Lunar New Year. Chinese domestic and export prices drop  European market...Read More

Global vanadium prices were stable to slightly firmer in the week ended Friday February 1, underpinned by fundamental tightness albeit with many Chinese players already out for the new year holidays. European vanadium prices firm as sellers see no pressure to destock Chinese markets hold steady while market winds down for Lunar New Year US ferro-vanadium price rises on deal done at high...Read More

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China. To view the latest price assessments, follow the links below: Europe - Ferro-vanadium, delivered duty-paid in Europe, $ per kg V - Vanadium pentoxide, in-warehouse Rotterdam, $ per lb V2O5 China - Ferro-vanadium, 78% min, fob China, $ per kg V - Vanadium pentoxide, 98% min, fob C...Read More

Import prices for steel slab in Southeast Asia and East Asia increased over the past week amid higher offers after a month-long price decline, although trading activity was sparse due to the wide bid-offer spread.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $430-445 per tonne cfr on Monday February 4, up $15-20 per tonne from a week earlier.One deal...Read More

OceanaGold (TSX: OGC; ASX: OGC) says its mines in the Philippines, New Zealand and the U.S. will produce a total of between 500,000 and 550,000 oz. of gold and 14,000 to 15,000 tonnes of copper this year at all-in sustaining costs (AISC) ranging from US$850 and US$900 per oz. gold sold.In 2018 the company produced 533,300 oz. of gold and 15,000 tonnes of copper at AISC of US$767 per ounce.This ye...Read More

Brian Paes-Braga (Director, Fiore Group) discusses his investment into the film & television business with Thunderbird Entertainment. Jennifer Twiner McCarron (CEO, Thunderbird Entertainment) explains the massive content streaming investment opportunity with Netflix, Amazon, Apple TV, etc.Join us at an upcoming event! http://www.cambridgehouse.comBe part of our investment community:http://www.camb...Read More

by Morris HubbarttFebruary 5, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com a...Read More

After surging to its highest price since May 2018, gold has pulled back sharply in recent days because of renewed optimism for the global economic outlook and for stocks. This doesn't mean that the gold bull market is over, with a range of indicators, key being growing economic and geopolitical uncertainty, pointing to firmer gold during 2019. That will act as a powerful tailwind for many gold sto...Read More