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APT Stock Hits New Highs on Face Mask Demand

February 27, 2020 / www.schaeffersresearch.com

The company said it has booked roughly $14.1 million orders for its N-95 face mask Alpha Pro Tech, Ltd. (NYSE:APT) is surging in early trading after the firm updated the status of orders for its proprietary N-95 face mask in direct response to the COVID-19 outbreak. APT said it has booked roughly $14.1 million in orders since Jan. 27, an increase of $3.6 million since its previous report last week...Read More

Stock Sell-Off Set to Continue with New COVID-19 Cases in Focus

February 27, 2020 / www.schaeffersresearch.com

Microsoft warned it's taking longer than expected for its supply chain to normalizeDow Jones Industrial Average (DJI) futures are signaling more losses for stocks this morning, as the coronavirus fears continue to sweep Wall Street. Reports this morning point to a possible "community spread" of the virus in California, suggesting it could begin spreading more widely in the U.S. Tech stocks look re...Read More

Harvest Minerals (#HMI) on the rise after announcing that it has been granted a full mining permit for its 100%-ow...

February 27, 2020 / twitter.com

"Harvest Minerals (#HMI) on the riseafter announcing that it has been granted a full mining permit for its 100%-owned Arapua fertiliser projecthttps://t.co/PvXM3cOwWz"Read full newsRead More

RT @pauljohnson9691: #ECR - ??~EUR -

February 27, 2020 / www.proactiveinvestors.co.uk

ECR Minerals (LON:ECR) CEO Craig Brown speaks to Proactive London's Andrew Scott soon after returning from Australia where he says they've had numerous approaches and a number of site visits regarding potential deals for its assets in Victoria.Read full newsRead More

Egypt Seeks Midas Touch With New Gold-Mining Exploration Tender

February 27, 2020 / dlvr.it

Egypt announced a new exploration tender for gold-mining, offering international companies a chance to bid on blocks in the eastern desert after revamping regulations that drew complaints from investors.Read full newsRead More

IN CASE YOU MISSED IT: 5 key stories from February 26

February 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

GLOBAL NICKEL WRAP: Mixed picture for premiums

February 27, 2020 / www.metalbulletin.com

Chinese nickel premiums increased in the week to Tuesday February 25, along with one in the United States, but European premiums remained flat, near a perceived bottom, sources told Fastmarkets.China's nickel premiums rise on falling arbitrage loss between Shanghai and London exchanges The floor lifts slightly for US nickel briquette premiums European nickel premiums stay low, reflecting...Read More

GLOBAL TIN WRAP: European market questions US stock inflows, US sentiment improves, Asian premiums unchanged

February 27, 2020 / www.metalbulletin.com

Global tin premiums were steady in the week to Tuesday February 25, despite poor demand and with rising stock volatility turning the focus on delivery incentives amid a large inflow into LME warehouses in Los Angeles. European market questions LA inflows US sentiment improves Asia demand in question Fresh inflows puzzle European tin market; premiums steadyIn Europe, Fastmarkets assessed the tin 99...Read More

Markets mixed as virus spreads

February 27, 2020 / www.mining-journal.com

The global tally has reached 81,109, with 412 new cases confirmed yesterday in China and 459 elsewhere including in four new countries - Algeria, Austria, Croatia and Switzerland.Key markets were mixed around the globe, with London's FTSE 100 managing a 0.35% gain to climb off the previous day's one-year low.The S&P 500 closed lower but the Nasdaq gained.Futures were similarly mixed.Gold had d...Read More

IN CASE YOU MISSED IT: 5 key stories from February 26

February 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

TITANIUM SNAPSHOT: Markets extend steady trend despite quiet activity

February 27, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday February 26.Key drivers: Quiet ferro-titanium business in late February has not encouraged cheaper offer prices, with European suppliers expecting renewed demand for quarterly settlements in March and keen to hold their sales prices until then. 40 tonnes of alloy business has been reported to...Read More

IN CASE YOU MISSED IT: 5 key stories from February 26

February 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

TITANIUM SNAPSHOT: Markets extend steady trend despite quiet activity

February 27, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday February 26.Key drivers: Quiet ferro-titanium business in late February has not encouraged cheaper offer prices, with European suppliers expecting renewed demand for quarterly settlements in March and keen to hold their sales prices until then. 40 tonnes of alloy business has been reported to...Read More

DAILY SCRAP REPORT: Mills restrict purchasing to stem further price rises

February 27, 2020 / www.metalbulletin.com

The Turkish steel mills have continued to be largely silent in the deep-sea scrap markets to try to restrict the upward trend in prices, sources said on Wednesday February 26.The mills were very active in the deep-sea scrap markets in the period February 4-24, booking at least 22 cargoes totaling more than 700,000 tonnes. As a result, scrap import prices into Turkey have been climbing since the be...Read More

MORNING VIEW: Metals on back footing as equity indices undergo reality check

February 27, 2020 / www.metalbulletin.com

Base metals prices were for the most part weaker this morning, Wednesday February 26, weighed down by further weakness from global equity markets that have in recent days been shaken from their complacency.The latest retreat in equities was partly fueled by the US Centers for Disease Control and Prevention warning Americans to prepare for the spread of the novel coronavirus (2019-nCoV) in the Unit...Read More

IN CASE YOU MISSED IT: 5 key stories from February 26

February 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

EUROPE HDG: Domestic prices pick up in north on good demand

February 27, 2020 / www.metalbulletin.com

Domestic prices for hot-dipped galvanized coil (HDG) have narrowed upward in Northern Europe over the past week, supported by strong demand and an absence of imported alternative material, sources told Fastmarkets on Wednesday February 26.Fastmarkets' weekly price assessment for steel HDG, domestic, exw Northern Europe, was ?,?580-600 ($630-652) per tonne ex-works on February 26, compared with ?,?...Read More

EUROPE HRC: Market mood bullish on few import offers, long domestic-coil lead times

February 27, 2020 / www.metalbulletin.com

The mood in the European hot-rolled coil market has been bullish amid a lack of competitive import offers and domestic mills' good order books, sources told Fastmarkets on Wednesday February 26.Northern EuropeFastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe was at ?,?483.71 ($525.29) per tonne on Wednesday February 26, down by ?,?0.27 per tonne day on day from ?,?...Read More

IN CASE YOU MISSED IT: 5 key stories from February 26

February 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

EUROPE REBAR: Prices flat in market quietened by holiday absences

February 27, 2020 / www.metalbulletin.com

Domestic steel rebar prices in Europe were unchanged this week due to a lack of both trading activity and demand, sources told Fastmarkets on Wednesday February 26.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was ?,?475-485 per tonne on Wednesday, unchanged week on week.The market was reported to be quiet this week because of public h...Read More

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