The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreVale, Global Ore, 170,000 tonnes of 62% Fe Brazilian Blend fines, traded at $90.20...Read More
The world's first high-grade iron ore derivative contract has provided the market with a more complete risk-management portfolio that reduces risks associated with different grades of the steelmaking raw material, Tan Say Liang, general manager of the Shanghai office of Singapore Exchange (SGX), said during a conference last month."China's long-term aim to tighten regulations on emissions are poin...Read More
Iron ore prices strengthened on Monday March 18 due to increasing uncertainty over Vale supplies from Brazil, although the impact was offset by further production restrictions on steelmakers in China's Tangshan region.MB 62% Fe Iron Ore Index: $88.26 per tonne cfr Qingdao, up $1.74 per tonne. MB 62% Fe Pilbara Blend Fines Index: $87.38 per tonne cfr Qingdao, up $1.74 per tonne. MB 62% Fe Iron Ore...Read More
The seaborne coking coal market was muted on Monday March 18 following a flurry of trades involving forward cargoes last week. A May-laycan cargo of premium hard coking coal was heard offered at $214 per tonne fob Australia during the day. A May-laycan cargo in the same category had changed hands at $204 per tonne fob Australia last week.Second-tier cargoes were heard offered at around $192-194 pe...Read More
Copper's three-month price on the London Metal Exchange consolidated during morning trading on Monday March 18, remaining below its nearby $6,500 per tonne resistance level, with a fresh rewarranting of just below 25,000 tonnes failing to provide a major headwind to price action. Total LME on-warrant copper stocks now sit at around 138,000 tonnes. They are up by more than 84% since the start of Ma...Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Monday March 18* Copper -$152.52 (-1,025.87 yuan) Aluminium -$299.66 (-2,015.62 yuan) Zinc -$140.58 (-945.56 yuan) Nickel -$273.15 (-1,837.32 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE...Read More
China's domestic hot-rolled coil prices experienced a strong rebound on Monday March 18 with buyers making a rush for materials ahead of a reduction in the country's value-added tax on April 1.DomesticEastern China (Shanghai): 3,860-3,870 yuan ($575-576) per tonne, up 60-70 yuan per tonneNorthern China (Tianjin): 3,810-3,830 yuan per tonne, up 60 yuan per tonneTrading activity was robust in both S...Read More
Three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Monday March 18, the exception being copper, whose price was up by 0.7% at $6,474 per tonne, compared with $6,431.50 per tonne at Friday's close.Volume was average, with 6,328 lots traded on LME Select as at 7.23am London time, compared with 19,661 lots at a similar time on Friday. Spot...Read More
Base metals prices on the Shanghai Futures Exchange were mostly lower during the morning trading session on Monday March 18 despite a weak US dollar, amid poor market sentiment and the news that China will cut its value-added tax (VAT) rate for the manufacturing and other sectors from April 1.Base metals prices were also struggling at the start of the week amid weaker-than-expected economic...Read More
Key data from the pricing sessions in London and Shanghai on Friday March 15.China- The Chinese grade 553 silicon export price rose to $1,560-1,620 per tonne on March 15 from $1,550-1,610 per tonne on March 8, reflecting a resumption in demand- The grade 553 silicon price has been underpinned by improved buying interest from Southeast Asian traders and buyers, while market participants also noted...Read More
The Chinese antimony price downtrend entered its third consecutive week amid persistently thin buying interest from the country's downstream market in the latest assessment period ended Wednesday March 13. Fastmarkets assessed the price of MMTA standard-grade II antimony, delivered duty-paid in China, at 46,000-46,500 yuan ($6,844-6,918) per tonne on Wednesday, down by 2.6% from 47,000-48,000 yuan...Read More
Bulk alloy suppliers are reporting increased prompt demand from British consumers amid concerns about potential supply disruptions when the United Kingdom leaves the European Union. Increased demand as a result of increased call-offs - consumers exercising their rights to material under existing contracts - as well as better spot demand, could lead to higher prices in the coming weeks, according t...Read More
Nagarik Network has collaborated with popular comedian Manoj Gajurel for "Dhukka Hunus - Kehi Nahunjel Kehi Hundaina". The show began airing on 1st Jan 2019. New episode will be aired on Nagarik Network App, YouTube Channel and NagarikNetwork.com.The first and only video content portal with entertainment, sports, politics and lifestyle content tailored for the Nepali audience.Our Social Media Prof...Read More
Boa noite senhores e senhoras, live teste...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 19, 2019 The next US central bank announcement is tomorrow, and whatever happens is win-win for gold.If the Fed surprises most analysts and hikes rates, the stock market probably crashes, and gold stocks rally strongly. If the Fed does nothing and makes another statement that QT coul...Read More
"My sense is we are coming up on another crisis and it's going to be worse than the last one" - John Titus"Money exits not buy nature but by law" - Aristotle - When Rule of Law breaks down, it enables bankers, via their Central Bank tentacles, to take control of the monetary system. The process is accompanied by the gradual collapse of the system upon which that money is predicated. This pro...Read More
Sprott Capital Partners was lead agent for the raising at $2.67 per flow-through share and $1.95 per share. Eric Sprott's 2176423 Ontario Ltd acquired about 2.Read More
American Lithium's TLC Project near Tonopah, Nevada. Source: American Lithium Corp.American Lithium Corp. [LI-TSXV] on Tuesday March 19 released the first assays from Phase one drilling on its TLC lithium claystone project near Tonopah, Nevada.The first drill hole returned 1,109 Li over 61 metres from a near surface depth of 11 metres, including 1.5 metres of 1,615 ppm Li.Tuesday's announcement ma...Read More