With resignations, acquisitions and co-operation agreements, the last few weeks of 2017 were unusually busy for many European steel companies. Metal Bulletin brings together some of the more important stories from the festive period.British Steel chief resigns British Steel has started 2018 without a permanent chief executive officer, after the resignation of Peter Bernscher on December...Read More

Momentum as well as technicals for the US dollar are bearish. Everyone is short the greenback. I will prefer to look for signs of profit taking on short US dollar positions. FOMC minutes on Wednesday, US December private ADP employment numbers on Thursday and US December nonfarm payrolls on Friday will affect the short term trend of the US dollar. Last year the focus of the markets was on intere...Read More

Prices are likely to rise in the eurozone manufacturing sector this year following the purchasing managers' index (PMI) for the region reaching a record high in December 2017, data organization IHS Markit said on Tuesday January 2.December's final manufacturing PMI for the eurozone was 60.6, compared with 60.1 in July, amid strong expansions in new orders and output. The reading was the highest re...Read More

VANCOUVER, Jan. 2, 2018 /PRNewswire/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to report on key milestones achieved for 2017 and strategic goals for 2018 both for the Company and for its Moss Mine located in the Oatman District in NW Arizona, USA.Dear Shareholders,The past year has been transformative for Northern Vertex as...Read More

As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in December 2017.The case list below includes only updates. For other continuing cases in 2017, see the January, February, March, April, May, June, July, August, September, October and November updates.INVESTIGATING REGIONProductOrigin of...Read More

A summary of base metals premiums across the globe for the week to Tuesday January 2.Read More

With resignations, acquisitions and co-operation agreements, the last few weeks of 2017 were unusually busy for many European steel companies. Metal Bulletin brings together some of the more important stories from the festive period.British Steel chief resigns British Steel has started 2018 without a permanent chief executive officer, after the resignation of Peter Bernscher on December...Read More

Base metals prices were on divergent paths at the close on the London Metal Exchange on Tuesday January 2 while most prices tried to consolidate recent gains. Zinc was one of the strongest performers today, hitting a high of $3,352 per tonne - the highest since August 2007. Lead followed its sister metal higher, closing up 2%. "Zinc has opened 2018 in a bullish mood; still, falling LME stocks sugg...Read More

Flat steel buyers in the United Arab Emirates and Saudi Arabia preferred to wait for new prices to be announced before making any new purchases, sources told Metal Bulletin on Tuesday January 2.There was no new price published after the New Year holiday, and the domestic markets in those countries were trying to get used to the imposition of 5% VAT on January 1, 2018.However, most buyers were expe...Read More

The latest metal markets news and price moves to start the North American day on Tuesday January 2.Base metals prices on the London Metal Exchange have started the year in a strong position with prices mostly in positive territory during morning trading today.This comes following a positive end to the year last week where copper hit a near four-year high and most metals closed near to their 2017 y...Read More

Good morning from Metal Bulletin's offices in Asia, bringing the key news and market stories on Tuesday January 2. Copper prices on the Shanghai Futures Exchange (SHFE) fell during the Asian morning session on the first trading day of 2018 after China's official Purchasing Managers' Index (PMI) came in below market expectations. Check Metal Bulletin's live futures report here. LME snapshot at 0251...Read More

In the days leading up to the 2016 presidential election, which saw Donald Trump beat Hillary Clinton in an unprecedented win, a wealthyContinue...Read More

RAPAPORT PRESS RELEASE, January 2, 2018, New York... Polished diamond prices stabilized in December following a better-than-expected holiday season. US consumer sentiment was boosted by economic growth, record-high stock markets and a drastic tax overhaul that is expected to raise disposable income and discretionary spending. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds edged up 0.3% i...Read More

RAPAPORT... The European Union (EU) has taken over the chairmanship ofthe Kimberley Process (KP) for 2018, with Italian politician FedericaMogherini heading the operation.The leadership of the KP switches every year, with Australiataking charge in 2017 and the United Arab Emirates in 2016. India is the vicechair this year, and will become chair in 2019. "For the European Union, the Kimberley Proce...Read More

RAPAPORT... Christmas was not white enough for jewelry buyers in NewHampshire, after a local retailer had promised to refund in-store purchases ifenough snow fell.Springer's Jewelers said it would return up to $10,000 toanyone who bought products between November 24 and December 9, as long as itsnowed at least 6 inches outside its Portsmouth store on December 25. But with only 4.3 inches falling,...Read More

(IDEX Online) - The European Union has taken over as chair of the Kimberley Process (KP) as of today under the leadership of High Representative Vice President Federica Mogherini.   The EU was vice-chair last year when Australia headed the body. India is the vice-chair this year and will chair the organization in 2019.   Mogherini said: "For the European Union, the Kimberley Process is p...Read More

RAPAPORT... As the silly season comes to a slowend, here's another list of stories we feel  are worth revisiting. They didn't quite make our list of most-read stories of 2017, but they were certainly among our favorites and made their mark during the year:1. CanLady Gaga Save Tiffany & Co?2. SarineVentures into Diamond Grading3. NewDiamond Ads Refocus on Love Moments4. Israel Takes I...Read More

(IDEX Online News) - There was a small rise in the IDEX polished diamond price index during December following a flat performance in November.   The Index began the month at 120.02 and ended at 120.90.     Outlook   Sentiment in the diamond centers was generally positive in the global diamond centers, with diamantaires looking forward to strong holiday sales and the Chinese N...Read More

(IDEX Online) - The Hong Kong Trade Development Council (HKTDC) will stage the 5th Hong Kong International Diamond, Gem & Pearl Show from 27 February to 3 March at the AsiaWorld-Expo, and the 35th Hong Kong International Jewellery Show from 1 to 5 March at the Hong Kong Convention and Exhibition Centre (HKCEC).   The twin shows anticipate a total of more than 4,480 exhibitors from over 5...Read More

Commonwealth of Independent States steel export slab and billet prices are expected to level off in the first quarter of 2018 after the erosion of slab's premium to billet in the second half of 2017, sources told Metal Bulletin. But longer-term prospects for the slab-billet spread are uncertain and could depend on Chinese investments in secondary steelmaking capacity. "Our short-term forecast says...Read More