Recent News

Groundbreaking blood test can detect cancer years before symptoms appear

July 28, 2020 / marketsanity.com

"What we showed is: up to four years before these people walk into the hospital, there are already signatures in their blood that show they have cancer." "That's never been done before."Continue...Read More

Miami Marlins cancel home opener after nearly half the players test positive for coronavirus

July 28, 2020 / marketsanity.com

The team played against the Phillies despite knowing about four positive COVID-19 cases on the team on Sunday.Continue...Read More

Why Marxist Organizations Like BLM Seek to Dismantle the "Western Nuclear Family"

July 28, 2020 / marketsanity.com

The ultimate goal is the abolition of a society based upon private property in the means of production.Continue...Read More

Cramer: Gold's move higher is a sign that a vaccine will fail

July 28, 2020 / marketsanity.com

CNBC's Jim Cramer says the the spike in gold prices is an indication that investors believe a Covid-19 vaccine will fail and that central banks will continue printing money to prop up the economy during the crisis.Read More

Brazilian steel consumption set to fall by 14.4% in 2020, A??o Brasil says

July 28, 2020 / www.metalbulletin.com

Brazilian apparent steel consumption is set to fall by 14.4% in 2020 as first-half figures were largely affected by restrictions put in place to limit the spread of the Covid-19 pandemic, the national steelmakers' association, Instituto A??o Brasil, said on Monday July 27.Consumption is expected to total 17.96 million tonnes this year, compared with 20.98 million tonnes in 2019, the association st...Read More

US threatens to cut Brazilian semi-finished steel quota - A??o Brasil

July 28, 2020 / www.metalbulletin.com

The United States government has been threatening to reduce an existing quota for imports of semi-finished steel products from Brazil in 2020, national steel institute A??o Brasil said on Monday July 27.US representatives are considering the possibility of blocking the fourth quarter quota for semi-finished steel, which would prevent around 351,000 tonnes of Brazil-origin slab and billet from bein...Read More

IN CASE YOU MISSED IT: 5 key stories from July 27

July 28, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday July 27 that are worth another look.No spot trading was heard for imported rebar into Singapore in the week to July 27, due to high inventory levels and weak downstream demand, market sources told Fastmarkets.Will a call via social media...Read More

Brazilian steel consumption set to fall by 14.4% in 2020, A??o Brasil says

July 28, 2020 / www.metalbulletin.com

Brazilian apparent steel consumption is set to fall by 14.4% in 2020 as first-half figures were largely affected by restrictions put in place to limit the spread of the Covid-19 pandemic, the national steelmakers' association, Instituto A??o Brasil, said on Monday July 27.Consumption is expected to total 17.96 million tonnes this year, compared with 20.98 million tonnes in 2019, the association st...Read More

US threatens to cut Brazilian semi-finished steel quota - A??o Brasil

July 28, 2020 / www.metalbulletin.com

The United States government has been threatening to reduce an existing quota for imports of semi-finished steel products from Brazil in 2020, national steel institute A??o Brasil said on Monday July 27.US representatives are considering the possibility of blocking the fourth quarter quota for semi-finished steel, which would prevent around 351,000 tonnes of Brazil-origin slab and billet from bein...Read More

CIS LONG STEEL EXPORTS: Mills keep offers high despite limited demand

July 28, 2020 / www.metalbulletin.com

Offer prices for exports of steel rebar and wire rod from the CIS region trended upward in the second half of July, with mills citing increased scrap costs and long steel prices in Turkey, but trading activity was limited amid thin demand in the majority of markets.Rebar offers from the CIS region were heard at $430 per tonne fob Black Sea in the week ended Friday July 24, against $410 per tonne f...Read More

IN CASE YOU MISSED IT: 5 key stories from July 27

July 28, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday July 27 that are worth another look.No spot trading was heard for imported rebar into Singapore in the week to July 27, due to high inventory levels and weak downstream demand, market sources told Fastmarkets.Will a call via social media...Read More

LIVE FUTURES REPORT 27/07: LME tin price above $18,000 at year-high; lead performs well despite inflows

July 28, 2020 / www.metalbulletin.com

The three-month price of tin on the London Metal Exchange was higher at the close of trading on Monday July 27, at its highest settlement price since July 2019 in a 2.2% rise on the day, with lead futures following upward despite a sizable 10,000-tonne stock inflow.Tin's outright price on the LME closed at $18,035 per tonne on Monday afternoon, climbing by more than 2% from an intraday low of $17,...Read More

IRON ORE DAILY: Further slump in prices for seaborne cargoes due to short-term uncertainty

July 28, 2020 / www.metalbulletin.com

Seaborne iron ore prices were down on Monday July 27, prompted by uncertainty over the short-term outlook due to escalating political tensions between the United States and China, according to trade sources. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $107.68 per tonne, down $1.71 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $109.66 per tonne, down $1.90 per tonne. 58% Fe fines hi...Read More

COKING COAL DAILY: Demand recovery sparks upturn in seaborne fob premium price

July 28, 2020 / www.metalbulletin.com

The price of seaborne premium hard coking coal in the fob market went up on Monday July 27 in the latest transaction. While Chinese demand for seaborne materials was constrained by the country's import restrictions, markets outside of China were showing signs of recovery.Fastmarkets indicesPremium hard coking coal, fob DBCT: $109.38 per tonne, up by $1.16 per tonnePremium hard coking coal, cfr Jin...Read More

LIVE FUTURES REPORT 27/07: LME tin price above $18,000 at year-high; lead performs well despite inflows

July 28, 2020 / www.metalbulletin.com

The three-month price of tin on the London Metal Exchange was higher at the close of trading on Monday July 27, at its highest settlement price since July 2019 in a 2.2% rise on the day, with lead futures following upward despite a sizable 10,000-tonne stock inflow.Tin's outright price on the LME closed at $18,035 per tonne on Monday afternoon, climbing by more than 2% from an intraday low of $17,...Read More

EUROPE HRC: Domestic prices rise despite seasonal slowdown

July 28, 2020 / www.metalbulletin.com

Domestic prices for hot-rolled coil in Northern Europe increased day on day on Monday July 27 despite a seasonal decline in demand, sources have told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?409.66 ($477.38) per tonne on Monday, up by ?,?1.45 per tonne from ?,?408.21 per tonne on July 24.Monday's index was based on deals heard...Read More

FOCUS: Musk's EV nickel plea drives LME price up 6%, but will anyone sign up?

July 28, 2020 / www.metalbulletin.com

Will a call via social media for "more nickel" give a jolt to the electric vehicle (EV) revolution that has been stalled by the Covid-19 pandemic? Or will suppliers find themselves unable to fulfil the dreams of entrepreneur Elon Musk?The three-month price of nickel on the London Metal Exchange has jumped by 6% since Musk, chief executive officer of EV producer Tesla, made a public plea for global...Read More

Depressed MJP aluminium demand causes stocks to jump 2.6% in June

July 28, 2020 / www.metalbulletin.com

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose by 2.6% month on month at the end of June, according to data released by major Japanese trading house Marubeni Corp. Total aluminium stocks at the three ports stood at 347,300 tonnes on June 30, up by 8,800 tonnes from 338,500 tonnes at the end of May, figures released on Monday July 27 showed. This...Read More

China copper scrap discount deepens with buyers wary of shipping, customs concerns

July 28, 2020 / www.metalbulletin.com

Many Chinese importers have become wary of logistics and customs clearance uncertainties, which has resulted in a widening of the price spread between recycled product and refined copper so far in July 2020."Although offer prices of copper scrap are lower now, we are not at [the level of] the spot market," a copper scrap consumer source said.Fastmarkets assessed the price of copper scrap No2 coppe...Read More

Trader Tiberius joins ASI to help 'drive low-carbon future'

July 28, 2020 / www.metalbulletin.com

The Aluminium Stewardship Initiative (ASI) has welcomed trader Tiberius as a new general supporter member, bringing the total number of ASI members to 128. Other trading houses including Concord Resources, Mitsui and Marubeni Corp have all joined in 2020. Trafigura has been a member since 2019. ASI is a global non-profit standards setting and certification organization with a focus on bringing mar...Read More

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