The copper market surged in morning trading on Tuesday February 19 in the United States amid rising optimism for a trade resolution between the world's two largest economies - the US and China.The copper price for March settlement on the Comex division of the New York Mercantile Exchange jumped by 6.5 cents per lb to $2.8635 per lb.Positive news about US-Chinese trade sentiment continued to suppor...Read More

The London Metal Exchange has released the fees for its new cash-settled futures contracts which will be launched on March 11, three of which are settled against Fastmarkets MB benchmarks.The cash-settlement fee for the aluminium premiums contracts will be $0.35 per leg, per side of the trade, per lot, the LME said on Tuesday February 19. The aluminium premiums suite includes a duty-unpaid Eu...Read More

Brazilian distributors' flat-rolled steel sales volumes fell by 19.5% year on year to 228,600 tonnes in January due to high inventories held by clients, figures from local flat steel association Inda show.Domestic flat steel sales had totaled 283,800 tonnes in January 2018, Inda said on Tuesday February 19.Flat steel producers made an effort to increase sales in December, leaving buyers stocked, I...Read More

Flat steel prices in the Brazilian domestic market were expected to be unchanged throughout the first quarter of 2019, according to local flat steel distributors' association Inda."I don't see room for a price increase to occur before April," Inda president Carlos Loureiro told journalists on Tuesday February 19.On the other hand, he believed that rumors of price discounts which circulated in rece...Read More

Rebar suppliers to Russia's Central federal district, the major steel-consuming region in the country, have increased their offer prices on expectations of a seasonal rebound in secondary market demand in March.Fastmarkets' weekly price assessment for domestic 12mm A500C rebar in Russia, including 20% VAT, was 36,000-38,500 roubles ($543-581) per tonne cpt Moscow on Monday February 18, up from 33,...Read More

The price trend in the CIS export billet market reversed at the beginning of this week, going downward with buying activity in the major outlets turning sluggish, Fastmarkets heard on Tuesday February 19.This was partially due to the massive volumes of bookings done in recent weeks. Another reason, howover, was the weakening of the import scrap market in Turkey as well as lower billet prices in Ch...Read More

The price for steel rebar imported into the United Arab Emirates decreased this week in the latest deals, despite demand being stronger than in previous weeks, sources told Fastmarkets on Tuesday February 19.The reason for the fall in the rebar import price was that producers in Oman, currently the main exporter of rebar to the UAE, could not raise their prices for rebar as much as they had for bi...Read More

The Turkish scrap import market continued to be quiet on Tuesday February 19 because of the slow rebar and billet sales in the country, sources told Fastmarkets.The mills in the country were still struggling to sell rebar and billet in both the domestic and export markets, so they were delaying their raw material purchases, Fastmarkets heard."Turkish producers were expecting to sell some rebar to...Read More

Hot metal remains the principal method of choice for Chinese steelmakers despite the recent surges in the price of iron ore, according to data from Fastmarkets research this week.The use of hot metal allows Chinese steelmakers to continue to enjoy cost savings in comparison with the use of ferrous scrap, even though production costs have increased following the rises in iron ore prices.The price r...Read More

Iron ore prices in China were up by 7% in a monthly comparison in January on restocking ahead of the Lunar New Year and the Vale dam failure that boosted seaborne prices.Read More

Seaborne iron ore prices were mixed on Tuesday February 19, with the MB 65% Fe Iron Ore Index dipping slightly while the MB 62% Fe Iron Ore Index saw an uptick after a trade was heard done at a higher price.MB 62% Fe Iron Ore Index: $89.21 per tonne cfr Qingdao, up $0.89 per tonne. MB 62% Fe Pilbara Blend Fines Index: $88.61 per tonne cfr Qingdao, up $0.90 per tonne. MB 62% Fe Iron Ore Index-Low A...Read More

Trading activity in the second-tier segment of the coking coal market appears to be gaining traction following the emergence of more offers and bids.At least four cargoes of second-tier hard coking coal with laycan of February or March were offered in the market, sources said on Tuesday February 19.Two cargoes of a higher-ranked brand of hard coking coal were sold at $180 per tonne fob Australia t...Read More

BHP expects iron ore demand in 2019 to remain at levels similar to last year despite uncertainties over short-term supply, it said on Tuesday February 19."Firm pig iron production" and unexpected iron ore supply disruptions had resulted in prices for the steelmaking raw material "performing strongly" during the six months to December, the miner noted in its half-year report.The Fastmarkets MB 62%...Read More

Ferrous futures in China registered mild movements during Asian morning trading on Tuesday February 19, ending the session slightly below their opening prices amid a cloudy outlook due to supply disruptions upstream.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,673 yuan ($543) per tonne, down 12 yuan per tonne May hot-rolled coil: 3,664 yuan per tonne, down 5 yuan...Read More

Aluminium's three-month price on the London Metal Exchange was little changed during morning trading on Tuesday February 19, with continued volatility in stock flows across LME-listed Malaysian warehouses doing little to jolt the metal's stagnant price action.Three-month aluminium has failed to trade above $2,000 per tonne since October 2018 and has consolidated in thin ranges around $1,850 per to...Read More

China's hot-rolled coil exporters stuck with their high prices on Tuesday February 19 amid optimism for the domestic market on an expected recovery in demand.DomesticEastern China (Shanghai): 3,750-3,780 yuan ($554-558) per tonne, up 20-30 yuan per tonneNorthern China (Tianjin): 3,710-3,720 yuan per tonne, up 10 yuan per tonnePrices continued to rebound during the day with demand in Shanghai stren...Read More

Buoyant manganese ore prices and strong demand have enabled Africa-focused Jupiter Mines to announce a 24% dividend yield on its shares in its first year of being listed on the Australian Stock Exchange (ASX).For its financial year ending February 28, 2019, Jupiter Mines will pay a dividend of A$0.025 ($0.017) per share on May 21, the company announced on Tuesday February 19, days after revea...Read More

The three-month base metals prices traded on the London Metal Exchange were mixed and little changed on the morning of Tuesday February 19.Zinc led the decline with a 0.3% drop to $2,635 per tonne from $2,643.50 per tonne at Monday's close, followed by nickel that was down by 0.2% at $12,440 per tonne from $12,465 per tonne, while aluminium was up by 0.2% at $1,858 per tonne from $1,854 per tonne....Read More

click here for crispy cash donations https://streamlabs.com/tommysotomayor...CLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU & PURCHASE TICKETS FOR THE ANTI PC TOUR! https://www.sotomayorent.com/preorder...donate at http://www.paypal.me/tommysotomayorDonate To Team RED: https://streamlabs.com/tommysotomayor...Donate To Team Geen: https://streamlabs.com/theguruandthew... Other Ways...Read More

Brandon Gomes - Somber (Feat. Alana) Official Music VideoDirected + Edited by Rob Thompson Song Produced by Silky beatsSong link: https://fanlink.to/bgsomberBrandon Gomes Socials:https://www.instagram.com/_brandongomes/https://www.Twitter.Com/_BG_GomesAlana Socials:https://www.instagram.com/alanaserves/https://twitter.com/alanaservesRob Thompson Socials:https://www.instagram.com/b_thompson1/https:...Read More