The three-month tin price on the London Metal Exchange was higher during morning trading on Friday March 27, with prices supported by a cancellation of 700 tonnes out of LME-registered warehouses in Port Klang, while zinc futures showed signs of improvement. Tin's underlying price on the LME was recently seen at $14,310 per tonne, up from a morning low of $13,970 per tonne. Turnover was moderate a...Read More
Rebar importers outside China have been asking lower prices due to the decrease in billet prices in the international market, while China's domestic rebar prices were flat on Friday March 27 amid steady trading.Eastern China (Shanghai): 3,470-3,500 yuan ($490-495) per tonne, unchanged Northern China (Beijing): 3,380-3,400 yuan per tonne, unchangedThe weak futures led to lower buying interest in sp...Read More
Markets are looking quite mixed this morning, Friday March 27, with most Asian-Pacific equity indices up, the pre-market Dow Jones Industrial Average (DJIA) down by 1.1%, while base metals prices on the London Metal Exchange and Shanghai Futures Exchange are up and gold is down from recent highs.It is not surprising the markets are mixed as it is confusing that the DJIA rallied by 6.4% on Thursday...Read More
Base metals prices on the Shanghai Futures Exchange were all up at the close of morning trading on Friday March 27, with the complex buoyed by positive performances in equity markets overnight and this morning.The $2-trillion economic stimulus package approved by the United States Senate late on Wednesday and expectations of a coordinated response from Group of 20 (G20) nations to combat the Covid...Read More
First Solar - the world's leading manufacturer of solar power modules - is continuing operations at its main sites in the United States, Malaysia and Vietnam despite Covid-19 virus restrictions on industrial activity in all three countries.First Solar is focused on the cadmium telluride photovoltaic market, a subdivision of the thin-film solar industry. The US-headquartered company said on Th...Read More
Fastmarkets is proposing to increase the pricing frequency of its cobalt hydroxide payable indicator, min 30% Co, cif China, to twice weekly from weekly.The cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end), is currently published weekly, on Wednesdays.Following an initial consultation with the market, and a review of typical...Read More
Key data from the Friday March 27 pricing session in Shanghai.Key drivers The cobalt metal price took a break from its persistent downturn amid the supply disruptions following the 21-day lockdown in South Africa, which started midnight on Thursday March 26. Producers have attempted to raise offers while traders continued to destock...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
The price of stainless steel in the European domestic market increased this week with producers anticipating shortages following the closure of all production sites in Italy, sources told Fastmarkets on Friday March 27. On March 21, the Italian government issued a decree closing all non-essential production operations in the country, including steelmaking. Following this, many mills elsewhere in E...Read More
Prices in Southeast Asia's steel billet market have plunged over the past week, tracking losses seen in the bellwether Turkish ferrous scrap import market amid the fallout from the Covid-19 pandemic. Fastmarkets' daily price assessment for steel billet, import, cfr Southeast Asia, which mainly looks at 120-150mm 5sp grade billet sold into Manila, was $380-385 per tonne on Friday March 27, down $5...Read More
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Welcome to Kevin Zadai's Official YouTube Channel Kevin Zadai is known as the man who went to heaven and back, so he knows that heaven is for real.In 1992 during a routine surgery, I met with Jesus on the other side. The time I spent in the presence of Jesus profoundly changed me to my core. I believe Jesus promised me that my story, including all the things I learned during our conversation, has...Read More
I hate red lights...SUBSCRIBE: http://bit.ly/2UYcjkFFOLLOW KEVIN:Instagram: http://bit.ly/2P4s1qmFacebook: http://bit.ly/39JxUkPTikTok: https://www.tiktok.com/@kevinjamesoff...Twitter: http://bit.ly/38Hmf6aFor live show and upcoming events visit www.KevinJames.com????: Kinnane BrothersRead More
Beaucoup de sujet dans cette vid?(C)o, tellement les choses vont vite: l'appel du Pape pour la pri??re mondial et annonce sur le shabbat, pri??re contre le covid 19 depuis J?(C)rusalem par les leaders du Christianisme, du Juda??sme et de l'Islam, contamination de plusieurs leaders, etc.Playlist sur le sujet du coronavirus: https://www.youtube.com/playlist?list...Nouvelles r??gles concernant vos co...Read More
It’s a tale as old as the stock market itself. During a stock market crash, or really any type of disaster, there is one place where investors look to keep their money safe: gold.Gold and now gold stocks have become a safe haven for investors looking to keep their finances from the ruins during times of market volatility. But this time, it could be a bit different. It’s now not 100% cl...Read More
Teck Resources Inc. (TSX:TECK.B)(NYSE:TECK) got crushed with practically every other stock in the sector over the past months. Slowing economic conditions have hit commodities hard. Teck is sitting at a price of just over $10 a share at the time of this writing, which is fairly low historically. Is now a good time to buy Teck as a contrarian play?The situationEven before the coronaviru...Read More
The inevitable market crash has finally happened. Experts have been telling us about it for the last couple of years. The COVID-19 outbreak has finally brought it front and centre.For a long-term investor with cash to invest, the market crash might be a blessing in disguise. But it is desperate times for those who are looking for short-term gains.All stocks don’t respond in the same manner t...Read More
A storm doesn’t discriminate between big and small; it hits everyone equally. This is particularly true if you take a look at the senior and junior stock exchange right now. Just as the TSX has come down with coronavirus, TSXV has also started showing symptoms.During the market crash, many small businesses are hit worse than the large players. The reason for that is simple. They usually don&...Read More
Black Tusk Resources has submitted a drill permit application for 18 drill pads at the McKenzie East Gold project in Quebec. In a news release, gold exploration and development company Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced that it has submitted an application to the Quebec Ministry of Forests, Wildlife and Parks for a permit to conduct exploration drilling on the...Read More