Recent News

China AM: Ferrous futures move in different directions

December 12, 2018 / www.metalbulletin.com

China's ferrous futures moved in different directions during morning trading on Tuesday December 11, with steel and coke futures prices moving up while that of coking coal fell.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,306 yuan ($478.70) per tonne, up 17 yuan per tonneMay hot-rolled coil: 3,281 yuan per tonne, up 23 yuan per tonneDalian Commodity Exc...Read More

ASIAN MORNING BRIEF 11/12: LME base metal prices fall; Chinese alumina prices facing pressure in 2019 due to drop in demand, added supply; Trafigura writes off $72 million of Nyrstar stake equity value

December 12, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Tuesday December 11.Base metal prices started the week with a step downward on the London Metal Exchange on Monday December 10. Read more in our live futures report.Here are how prices looked at the close of trading:A drop in demand for alumina and supply from new projects coming on stream in 2019 will put Chinese alumina prices under...Read More

LIVE FUTURES REPORT 11/12: LME base metals prices edge higher on continued US-China trade talks

December 12, 2018 / www.metalbulletin.com

Base metals trading on the London Metal Exchange were broadly higher during morning trading on Tuesday December 11. Lead was the best performer in the morning, up 1.1% to $1,972 per tonne. Only aluminium and tin posted slight losses, falling to $1,942 and $18,920 per tonne respectively. Reports of US and China trade talks continuing despite the detention of China technology company Huawei's chief...Read More

SHFE vs LME physical arbitrage 11/12: Copper, aluminium, zinc, nickel

December 12, 2018 / www.metalbulletin.com

Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday December 11* Copper -$96.63 (-668.44 yuan) Aluminium -$440.06 (-3,043.98 yuan) Zinc -$107.90 (-746.36 yuan) Nickel $392.60 (2,715.73 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More

CHINA REBAR: Bearish outlook continues pushing down prices

December 12, 2018 / www.metalbulletin.com

Market pessimism weighed on China's rebar prices in both the domestic and the export market on Tuesday December 11. Domestic Eastern China (Shanghai): 3,770-3,800 yuan ($546-550) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,470-3,500 yuan per tonne, down 30 yuan per tonneBuyers kept procurement rates low amid bad weather, with work suspended at many construction sites in no...Read More

METALS MORNING VIEW 11/12: Base metals find support again, but upside likely to be capped

December 12, 2018 / www.metalbulletin.com

Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Tuesday December 11, with average gains of 0.2%. This after they again tested support levels on Monday, when support held to varying degrees.Copper led on the upside this morning with a 0.6% gain to $6,133 per tonne, while aluminium dipped 0.1% to $1,945 per tonne. Volume across the complex has...Read More

GLOBAL ANTIMONY WRAP: European prices ease further on thin trading, China prices stall

December 12, 2018 / www.metalbulletin.com

Thin spot activity in the European antimony market pressured prices lower still in the region while an improvement in Chinese sentiment enabled prices there to stabilize. Chinese market steadyFastmarkets MB assessed the price of MMTA standard grade-II antimony, delivered duty-paid, in China at 49,500-50,000 yuan per tonne on Wednesday December 5, unchanged from the previous week. Sellers proved re...Read More

SILICON SNAPSHOT: Chinese fob price rises on continued buying; sentiment in European market positive

December 12, 2018 / www.metalbulletin.com

Key data from the pricing sessions in London and Shanghai on Friday December 7.China The Chinese grade-553 silicon price range narrowed upward by $10 per tonne to $1,580-1,650 per tonne last week from the previous week.Japanese traders continued to buy cargoes for delivery in the first quarter of 2019, prompting the slight rebound in the price.Europe Grade-441 and grade-553 silicon prices in Europ...Read More

LIVE FUTURES REPORT 10/12: Comex copper opens softer in new week

December 12, 2018 / www.metalbulletin.com

Comex copper prices softened on Monday morning in the United States amid weak Chinese data and continued equity market weakness.The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped 2.25 cents to $2.7370 per lb."We expect copper prices to strengthen in the coming days," Fastmarkets analyst Boris Mikanikrezai said. "Although there is plenty of uncert...Read More

Transnet reopens Saldanha iron ore and manganese transportation channel early

December 12, 2018 / www.metalbulletin.com

South African state transport operator Transnet has reopened the railway transportation route for iron ore and manganese deliveries to Saldanha port earlier than expected, the company announced on Monday December 10.Transnet had to declare force majeure on deliveries when a railway bridge on the route was damaged on November 28 due to a collision. This prompted leading manganese ore miners to decl...Read More

METALS MORNING VIEW 10/12: Metals under pressure as broad market weakness weighs on sentiment

December 12, 2018 / www.metalbulletin.com

Base metals continue to face headwinds from the continuing trade dispute between the United States and China, but also from tension over the arrest of Huawei's chief financial officer, Brexit, social unrest in France and stuttering equity markets.Three-month base metals prices on the London Metal Exchange were down across the board on Monday December 10, with average losses of 0.5%, ranged between...Read More

EUROPEAN MORNING BRIEF 10/12:SHFE zinc leads the complex down; US Treasury moves Rusal deadline to Jan 21; Nov Cu blister copper RC drops

December 12, 2018 / www.metalbulletin.com

Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Monday December 10.All base metals prices, barring that of aluminium, on the Shanghai Futures Exchange fell during Asian morning trading on Monday December 10 amid disappointing economic data out of China.Check Fastmarkets MB's live futures report here.The US Treasury Department's Office of Fo...Read More

US stainless steel prices drop, outlook muted

December 12, 2018 / www.metalbulletin.com

Stainless steel prices in the United States have mostly declined in December, extending a downward trend largely stemming from a decrease in alloy surcharges that have weighed on transaction prices, market participants said.Fastmarkets' assessment for Type 304 and Type 304L stainless steel cold-rolled sheet stood at $1.25 and $1.28 per lb respectively on Monday December 10, down by $0.04 and...Read More

DAILY SCRAP REPORT: Mills hold off buying, await better market clarity

December 12, 2018 / www.metalbulletin.com

Turkish steel mills started the trading week without any deep-sea bookings because of uncertainty prevalent across Asian markets, sources told Fastmarkets MB.The mills were mostly watching the situation in Chinese steel market for clues to market direction, sources said on Monday December 10."The phone did not ring... Everybody is watching China and is not willing to buy scrap until the situation...Read More

TURKEY FERROUS SCRAP: Falling finished steel prices weaken local scrap values

December 12, 2018 / www.metalbulletin.com

Turkish domestic scrap prices have gone down over the past week in line with falling finished steel values, sources said on Monday December 10.Fastmarkets' weekly price assessment for domestic auto bundle (DKP grade) ferrous scrap was TRY1,590-1,710 ($300-323) per tonne delivered on December 10, narrowing down from TRY1,590-1,780 per tonne on December 3.The change in the assessment came after some...Read More

FOCUS: 2019 blister copper RC annual talks stalled over divergence on fundamentals

December 12, 2018 / www.metalbulletin.com

Negotiations over the 2019 blister copper refining charge (RC) terms are still ongoing three weeks after Asia Copper Week in Shanghai, with parties holding divergent views over Zambian government directives and scrap availability underlying the supply-demand dynamics in the coming year. In November, major blister copper suppliers and buyers, including First Quantum and Jiangxi Copper, agreed to tr...Read More

Legisla????o do SUS | Prof. ? Andr?(C)a Paula | 14/03 ? s 17h15

December 12, 2018 / www.youtube.com

Material da Aula: https://enfconcursos.com/l/14-03-susSaiba Como Passar em Concursos de EnfermagemVeja Este V?-deo Exclusivo: https://enfconcursos.com/l/408?cursoEnfermagemConcursos de EnfermagemEnfermagem para ConcursosConcursos Enfermeiro 2018Como passar em Concursos de Enfermagem?Read More

Is an Inverted Yield Curve Bullish for Gold?

December 12, 2018 / www.miningfeeds.com

In recent days we've seen the beginnings of an inversion in the yield curve.The 2-year yield and the 5-year yield have inverted but not yet the the 2-year yield and the 10-year yield, the curve that is watched most. However, "2s and 10s" as bond traders would say appear headed for an inversion very soon.We know that an inversion of the yield curve precedes a recession and bear market. That is good...Read More

2 Canadian Gold Stocks to Make Your TFSA Shine

December 12, 2018 / www.fool.ca

The last decade has been pretty weak for gold investors. Gold futures have recorded some of its lowest numbers, with 2018 seeing a 7.1% decrease since the January.But some analysts are seeing a sign of hope on the horizon. Gold is finally trading at more than $1,600 per ounce at the time of writing this article, and that's the best price since July. Historically, gold has seen the best prices in t...Read More

Is an Inverted Yield Curve Bullish for Gold?

December 12, 2018 / www.miningfeeds.com

In recent days we've seen the beginnings of an inversion in the yield curve.The 2-year yield and the 5-year yield have inverted but not yet the the 2-year yield and the 10-year yield, the curve that is watched most. However, "2s and 10s" as bond traders would say appear headed for an inversion very soon.We know that an inversion of the yield curve precedes a recession and bear market. That is good...Read More

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