"Bare-Breasted 'Mariannes' Face Off With French Police; Tear Gas, Pepper Spray Used On Protesting Yellow Vests | Zero Hedge #france https://t.co/15vrZZ0AkM"Read full newsRead More
The overseas market - already in a precarious position - shows yet another indication of continuing weakness into 2019.Read full newsRead More
"Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals https://t.co/rMjJTfFL22"Read full newsRead More
This year has been disappointing for commodities, but some of 2018's laggards, like gold, copper, corn, and soybeans, may be 2019's leaders. In one case, a leader from 2018 could become a laggard in the new year. "With political issues such as Brexit and the ongoing trade dispute between the U.S. and China, there are now a number of new opportunities that have opened up for 2019 for investors to t...Read More
In his latest interview with Jim Goddard, economist Mish Shedlock notes that all the major US indices are in correction mode and warns about a bear market that could last for years. Click for larger Mish is watching the 2,600 level closely. He notes that the S&P 500 has tested the 2,600 many times. If that level does break, Mish warns look out:The next break is it. It might retest this level fr...Read More
The stock market "secret" no one is talking about.The world's richest investors have been using this simple "trick" to build massive fortunes for decades.They've done everything in their power to hide the truth from individual investors. In the process they've created a totally uneven playing field... where most of the players don't even know the rules of the game.This lack of fairness is one of...Read More
Aluminium foundry premiums were on divergent paths this month, with the US premium boosted by tight supply and European premiums continuing to tumble. The foundry premium in Eastern Europe fell for the second month in a row. Demand in the automotive sector has been poor, and foundry is used in the production of alloy wheels.Fastmarkets assessed the Eastern European premium at $370-410 per tonne on...Read More
Liberty House has completed the acquisition of Rio Tinto's Dunkerque aluminium smelter in France for around $500 million. Part of the UK-based GFG Alliance, Liberty House said on Friday December 14 that the completion of the deal will add 285,000 tonnes per year to its aluminium capacity. The smelter, which is Europe's number one producer of aluminium, will be renamed ...Read More
Base metals on the London Metal Exchange closed lower on Friday December 12, with a higher dollar and stock increases putting pressure on prices.Aluminium closed at a slightly lower $1,926 per tonne - a 57,000-tonne delivery into LME-listed warehouses this morning ruled out a move back towards $2,000 per tonne.The three-month copper price also closed slightly lower than Thursday's closing level at...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 14. China The domestic ferro-chrome spot price was unchanged from last week after sellers were heard to have become unwilling to cut their prices further because the current price level has left them limited room for profits. The imported charge chrome market was lackluster. Sel...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 14. China The domestic ferro-chrome spot price was unchanged from last week after sellers were heard to have become unwilling to cut their prices further because the current price level has left them limited room for profits. The imported charge chrome market was lackluster. Sel...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Manganese ore prices dropped by as much as 8% on Friday December 14 after miners slashed offer prices to entice cautious buyers before the end of the year. Fastmarkets MB's 37% manganese ore index, fob Port Elizabeth dropped by 53 cents to $5.50 per dry metric tonne unit (dmtu)Fastmarkets MB's 37% manganese ore index, cif Tianjin dropped 51 cents to $6.22 per dmtu.Fastmarkets MB's 44% ma...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Adam HamiltonArchivesDec 14, 2018 The beleaguered gold stocks are recovering from their late-summer capitulation, enjoying a solid young upleg as investors gradually return. Their buying has pushed the leading gold-stock ETF near a major triple breakout technically. That event should really boost capital inflows into this sector, accelerating the rally. A major gold and gold-stock buying catalyst...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Global ferrous scrap prices fell by $5 per tonne or less during the week ending Friday December 14 following a period of quieter trading.The Turkish market witnessed another week with no new cargoes booked, leaving prices virtually unchanged, while US prices were flat, which was also due to a lack of fresh trades.India made no bookings but prices fell by $5, as did prices for Taiwan and Vietnam.Tu...Read More
Turkish steel producers have ended another week without making any deep-sea purchases because of the continued lack of demand for finished steel in the country's domestic and export markets, sources said on Friday December 14.Domestic mills have been holding back from scrap purchases for three weeks now, with only one cargo booked since November 23, which was a European cargo at an average price o...Read More
Comex copper prices weakened in morning trading on Friday December 14 after a release of softer Chinese industrial data, placing stress on the base metals complex.The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped by 1.85 cents to $2.7485 per lb.Analysts said weaker Chinese economic data was pressuring the base metals complex as a whole this...Read More