Recent News

EUROPE ALLOY STEEL SCRAP: Effect of sharp nickel price rise muted by weak demand

January 12, 2019 / www.metalbulletin.com

The effect of a sharp uptick in nickel values on alloy steel scrap prices this week was muted by ongoing poor demand, sources told Fastmarkets on Friday January 11.Being a key component of stainless steel, nickel prices exert considerable influence over the price of alloy steel scrap, with price movements in the former usually being reflected in a the latter in the same week. On Friday, the t...Read More

INDIA IMPORT SCRAP: Prices inch up but sentiment still negative

January 12, 2019 / www.metalbulletin.com

The price of shredded ferrous scrap imported into India inched up this week following deals done at higher prices from last week but for smaller tonnages, market participants said on Friday January 11.Fastmarkets MB's weekly index for containerized imports of shredded scrap into India inched up to $319.24 per tonne cfr Nhava Sheva on January 11, from $318.39 per tonne cfr Nhava Sheva on January 4....Read More

DAILY SCRAP REPORT: Turkish mills continue to replenish stocks

January 12, 2019 / www.metalbulletin.com

Turkish steel mills continued to book deep-sea ferrous scrap for February at the end of the week because of low stock levels, sources told Fastmarkets on Friday January 11.A steel mill in the Iskenderun region booked a US cargo, comprising 25,000 tonnes of HMS 1&2 (95:5) at $283 per tonne and 13,000 tonnes of shredded at $285 per tonne cfr.Market participants indicated that the HMS 1&2 (80:20) pri...Read More

UK SCRAP: Light iron market holds steady; signing of monthly deals expected

January 12, 2019 / www.metalbulletin.com

The light iron steel scrap market in the United Kingdom has been stable in the week ended Friday January 11, extending a steady performance in prices to a fourth consecutive week.The market's focus is on the outcome of contact negotiations between British scrap suppliers and consumers in the steel industry, most of which are expected to be concluded early next week.While some sources suggest deals...Read More

IRON ORE DAILY: Prices rangebound as yuan strengthens against dollar

January 12, 2019 / www.metalbulletin.com

Iron ore prices were largely rangebound on Friday January 11 with further pressure applied to the port market due to a stronger exchange rate for China's yuan against the US dollar.MB 62% Fe Iron Ore Index: $73.45 per tonne cfr Qingdao, up by $0.09 per tonne.MB 62% Fe Pilbara Blend Fines Index: $73.59 per tonne cfr Qingdao, up by $0.09 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $75.04 per ton...Read More

MINOR METALS MARKET REPORT 11/01: Gallium unaffected by Chalco's partial closure; manganese flakes edge down

January 12, 2019 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.What will drive prices in 2019? Join...Read More

FASTMARKETS NON-FERROUS PRICE CHANGES 11/01: Minor metals

January 12, 2019 / www.metalbulletin.com

The following Fastmarkets minor metals prices changed on Friday January 11:Minor metalsBismuth MB China domestic, yuan/tonne: 49,500-51,000 yuan per tonne from 47,000-49,000 yuanCobalt MB free market alloy grade, $/lb: $22.00-24.50 per lb from $24.50-26.25Cobalt MB free market standard grade, $/lb: $23.50-25.25 per lb from $24.75-26.25Cobalt Sulfate, Co...Read More

CHINA MINOR METALS MARKET REPORT 11/01: Bismuth price gains on firm offers; tellurium price drops on sufficient supply

January 12, 2019 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.What will drive prices in 2019? Join...Read More

METALS MORNING VIEW 11/01: Base metals split into two camps, but strong start to trading day across the LME complex

January 12, 2019 / www.metalbulletin.com

Base metals on the London Metal Exchange were firmer this morning, Friday January 11, with three-month prices up by an average of 0.9%. Zinc and nickel led the way with gains of 1.3% and 1.2% respectively, while copper was up by 0.9% at $5,972 per tonne as at 6.45am London time - the same price it held at a similar time on Thursday.Volume across the complex has been above average with 8,805 lots t...Read More

EUROPE STAINLESS STEEL: Prices stable as trading begins to pick up

January 12, 2019 / www.metalbulletin.com

Prices were unchanged in the European stainless market in the week to Friday January 11, with trading beginning to pick up after the Christmas/New Year break int he region - although full activity has not yet been achieved. It remains unclear to what extent the sharp decreases to alloy surcharges have been implemented by distributors and service centers in their own selling prices. Many such...Read More

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 11/01

January 12, 2019 / www.metalbulletin.com

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday January 11:Aluminium ingotDuty paid delivered works pressurediecasting ingot price...Read More

Asian scrap prices dip despite higher demand, stronger yen

January 12, 2019 / www.metalbulletin.com

Asian ferrous scrap prices dipped during the week ended Friday January 11 this week despite stronger demand from end users in the region.Steel mills in Vietnam and South Korea booked large volumes of ferrous scrap throughout the week from the United States, Japan and Russia. However, prices did not increase due to the ample supply in the market.Vietnam Fastmarkets' import price assessment for heav...Read More

DAVIES ON ORES: Last year's good news proving a drag on manganese in 2019

January 12, 2019 / www.metalbulletin.com

Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.Manganese ore prices have started 2019 by continuing a slide that began in December, weighed down by weak downstream demand in China, where market participants are reluctant to buy because of fea...Read More

Jayant Bhandari talks Bitcoin, India, money, and more!

January 12, 2019 / www.youtube.com

Jayant and Adam talk about Bitcoin and the world.Bitcoin has potential in India. http://jayantbhandari.com/Jayant's Youtube Channel- https://www.youtube.com/channel/UC1Gy... Jayant on Twitter- https://twitter.com/JayantBhandari5Upvote this: https://steemit.com/bitcoin/@bitcoinm...Buy your Bitcoin Trezor storage device here: https://buytrezor.com/?a=c81d29b7bbf1Buy Bitcoin at Coinbase here: https:/...Read More

Custom News2

January 12, 2019

Custom News2Read More

Grow Your TFSA With These 3 Booming Gold Stocks With 1-Year Returns as High as 75%

January 12, 2019 / www.fool.ca

With the U.S. dollar weakening, as expectations on the extent of interest rate hikes has moderated, we have seen gold prices rally again.In late 2011, gold prices peaked at close to $1,900 per ounce then retreated steadily to levels of just over $1,000 per ounce at the end of 2015. Prices are currently just shy of $1,300 per ounce.There are certainly many questions that remain with respect to wher...Read More

2 Glittering Gold Stocks Paying Dividends to TSX Investors

January 12, 2019 / www.fool.ca

Investors currently flip-flopping over gold should today consider Lundin Mining (TSX:LUN), a hale and hearty materials ticker that can give Canadian stock market aficionados a bit of protection from the vagaries of the TSX index with the precious yellow stuff. It may even be suitable for a TFSA or RRSP, with some defensiveness, a clean balance sheet, the current undervaluation, and a corresponding...Read More

Vista Gold: Overlooked And Undervalued

January 12, 2019 / investmentresearchdynamics.com

Vista Gold (VGZ) has a storied history as a junior gold miner. In 2012 new management, led by CEO, Fred Earnest, took control of the operations and has been advancing the Mt. Todd gold project, which is the largest undeveloped gold project in Australia.Mt. Todd contains nearly 6 million ounces of gold reserve (proven/probable). A Preliminary Feasibility Study updated in 2018 shows a project wi...Read More

Interview with Rob McEwen, Chairman & Chief Owner of McEwen Mining (NYSE: MUX, TSX: MUX): Rapidly Growing Gold and Silver Producer in the Americas

January 12, 2019 / www.metalsnews.com

McEwen Mining Inc. (NYSE: MUX, TSX: MUX) is a growing gold and silver producer in the Americas, with operations in Argentina, Mexico, Nevada, and Canada. The Company's goal is to qualify for inclusion in the S&P 500. We learned from Mr. Rob McEwen, Chairman & Chief Owner of McEwen Mining, that in 2019 the company will be producing 200,000 ounces gold equivalent. It's internal growth pipeline could...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok