Recent News

DAILY SCRAP REPORT: Turkish mills continue deep-sea bookings, prices edge up

June 03, 2020 / www.metalbulletin.com

Turkish steel producers continued their deep-sea scrap purchases for July shipments at firm prices on Tuesday June 2, sources told Fastmarkets.A steel producer in the Iskenderun region booked a US cargo, comprising 21,000 tonnes of HMS 1&2 (90:10) at $259 per tonne, 4,000 tonnes of shredded at $261 per tonne and 5,000 tonnes of plate & structural scrap (P&S) at $266 per tonne cfr on June 2. T...Read More

IRON ORE MONTHLY: SGX's 65% Fe contract volumes climb up again

June 03, 2020 / www.metalbulletin.com

The seaborne iron ore market found an average price for 62% Fe fines that breached $90-per-tonne during May, while improving steel prices, supply uncertainty from Brazil and declining iron ore inventory at Chinese ports were major drivers behind the strong iron ore markets, Fastmarkets understands.The monthly average price for 62% Fe iron ore rose 10.35% month on month to $93.16 per tonne in May,...Read More

COKING COAL DAILY: Premium seaborne cfr China price rises on concluded deal

June 03, 2020 / www.metalbulletin.com

Seaborne premium hard coking coal cfr China price rose on Tuesday June 2 after a transaction was signed at $120 per tonne, while prices for other segments remained relatively flat. Fastmarkets indices Premium hard coking coal, fob DBCT: $108.97 per tonne, down $0.05 per tonne Premium hard coking coal, cfr Jingtang: $116.88 per tonne, up $0.95 per tonne Hard coking coal, fob DBCT: $89.57 per tonne,...Read More

IRON ORE DAILY: Mid-grade seaborne prices up slightly on active spot trading

June 03, 2020 / www.metalbulletin.com

Seaborne iron ore prices in the mid-grade section of the market edged up on Tuesday June 2 amid active physical spot-market trading.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $101.32 per tonne, up by $0.87 per tonne.62% Fe low-alumina fines, cfr Qingdao: $104.13 per tonne, up by $0.24 per tonne.58% Fe fines high-grade premium, cfr Qingdao: $91.59 per tonne, down by $0.34 per tonne.65%...Read More

Brazilian iron ore exports fall 28% in May

June 03, 2020 / www.metalbulletin.com

Brazil's iron ore exports in May fell by over a quarter compared with the same period a year earlier.It exported 21.50 million tonnes of the steelmaking raw material last month, which is 28.2% lower than the 29.87 million tonnes it shipped out in May last year, according to figures released by the country's economy ministry on Monday June 1.Iron ore prices have been on the rise amid concerns about...Read More

CHINA HRC: Export offers rise above $440 per tonne amid domestic gains

June 03, 2020 / www.metalbulletin.com

China's hot-rolled coil producers have raised their offers above $440 per tonne fob after domestic prices strengthened further on Tuesday June 2.DomesticEastern China (Shanghai): 3,650-3,680 yuan ($512-516) per tonne, widening upward by 20 yuan per tonneNorthern China (Tangshan): 3,630 yuan per tonne, unchangedA Shanghai-based trader said sellers in the city issued offers of 3,650-3,660 yuan per t...Read More

CHINA REBAR: Domestic prices keep rising on growing demand

June 03, 2020 / www.metalbulletin.com

China's domestic rebar prices continued to trend upward on Tuesday June 2 amid stronger demand stimulated by rising futures.Domestic Eastern China (Shanghai): 3,590-3,620 yuan ($503-508) per tonne, up by 20 yuan per tonneBuyers raised their procurement rates amid a strengthening futures market, which pushed up spot prices.But some markets participants have expressed concerns over the possibility o...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

June 03, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam, $/lb at $14.75-15.15 on...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

June 03, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt alloy grade,...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

June 03, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

June 03, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed...Read More

FOCUS: Bulk alloys markets under pressure in Europe, India

June 03, 2020 / www.metalbulletin.com

Bulk alloys markets in Europe are coming under sustained pressure from weak demand, with prices for manganese alloys dropping through May, while ferro-silicon prices have been falling since April, sources said.Elsewhere, silico-manganese export prices have also been dropping in India, where recent restarts in production may be short-lived while producers consider cuts to stem or even reverse price...Read More

RESEARCH: Key takeaways from the latest Stainless Steel Tracker

June 03, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts is ready to view.Stainless steel prices are on the increase in June. As far as this market is concerned, it appears as though the Covid-19 pandemic has had little impact so far, with prices on the most common grades of stainless steel just 2-4% lower than they were at the turn of the year in most markets.Even in Asia, a region often talked ab...Read More

Kevin's corner live from Kevin's car

June 03, 2020 / www.youtube.com

Please check out myt-shirts and support by purchasing https://shop.spreadshirt.com/kevinsco...Follow me on Twitter https://twitter.com/kevinellerbe32Minorities for Trump on Facebook:https://www.facebook.com/groups/13615...FaceBook https://www.facebook.com/senseoutofno...Read More

Campbell vs. Fuhrman - Epic Takedown

June 03, 2020 / www.youtube.com

CAMPBELL vs FUHRMAN: EPIC TAKEDOWN - Today we're taking a deep dive into a book I recently discovered called Report On Permanent Weight Loss. This book exposes a buried controversy in the plant-based community, and documents the damage caused when weight loss study results are exaggerated. A flawed weight loss study detailed in the book was overseen by Joel Fuhrman, MD. The study was allegedly rid...Read More

Felipe Gordon - Hey, Keep Going

June 03, 2020 / www.youtube.com

Taken from J??piter[PALSM028]Buy release here:https://fanlink.to/PALMS028Shall Not Fadewww.shallnotfade.co.ukwww.instagram.com/shallnotfade/www.facebook.com/shallnotfade/https://open.spotify.com/playlist/7F2...Read More

Felipe Gordon - Hey, Keep Going

June 03, 2020 / www.youtube.com

Novaj ae-??? Sensations & feelingsGet it https://shallnotfade.co.uk/album/j-pi...Felipe Gordonhttps://soundcloud.com/felipe-gordonhttps://www.facebook.com/felipegordon...https://soundcloud.com/nomadarecShall Not Fadehttps://soundcloud.com/shallnotfadehttps://www.facebook.com/shallnotfade/https://shallnotfade.co.uk/https://www.instagram.com/shallnotfade/https://open.spotify.com/playlist/7F2...----...Read More

Is the Gold Rush Over for Precious Metals Stocks?

June 03, 2020 / www.fool.ca

Even though the global economy is a mess, stocks are telling a completely different story. Markets are roaring as if we are entering a new golden age of economic prosperity. I am in fact happy that volatility is dropping and risk is coming back online. Personally, I hope the gold rush is over at the moment. However, it is not for the reason that you might think. I am looking at adding to gold...Read More

$6,000 Invested in These 2 Stocks Could Make You a TFSA Fortune

June 03, 2020 / www.fool.ca

The Tax-Free Savings Account (TFSA) and RRSP are both fantastic tools for investors. While RRSP offers a significantly higher contribution limit, TFSA offers tax-free growth. If the bulk of your investment growth is taking place inside a TFSA, you can enjoy a cozy and well-funded retirement without worrying about being pushed into a higher tax bracket.That said, the “low” contribution...Read More

GoldMining outlines 1m oz resource at Almaden

June 03, 2020 / www.mining.com

The Almaden project is Located 140 km north of Boise, Idaho, pictured here. (Adobe Stock) GoldMining has announced a mineral resource estimate for its wholly owned 17.2-sq.-km Almaden project, 140 km north of Boise, Idaho.The pit-constrained estimate includes 43.5 million indicated tonnes grading 0.65 g/t gold for a total of 910,000 contained oz. with a further 9.2 million tonnes inferred at 0.5...Read More

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