The three-month tin price on the London Metal Exchange was little moved during morning trading on Tuesday February 18, with the largest single inflow in two months having a muted effect on price action, while nickel futures slipped below $13,000 per tonne. The underlying tin price on the LME was recently seen at $16,595 per tonne, while turnover was high at some 215 lots traded as of 9:15am London...Read More
Broader markets, mainly equity indices, have been fairly complacent about the potential negative economic impacts of the coronavirus (2019-nCov). But this morning, Tuesday February 18, that may be changing with Asian equities down across the board as more companies and countries get jittery.Apple warns it will miss its sales target, South Korea warns it is in an emergency situation and calls for "...Read More
Special bar quality (SBQ) steel spot prices in the United States have been weighed down by declining ferrous scrap costs, with demand across most major end markets flat to slightly weak, market participants said.On the hot-rolled side of the market, Fastmarkets' monthly price assessment for steel bar hot-rolled special bar quality (SBQ) 1-inch round 1000 series (carbon), fob mill US was at $34.50...Read More
Demand for passenger cars in the EU dropped by 7.50% year-on-year in January 2020, following four consecutive months of recovery.New car sales in Europe totalled 956,779 vehicles in Janaury 2020, compared with 1,034,407 units sold in the corresponding month of 2019, the European Automotive Manufacturers Association (ACEA) said on Tuesday February 18.The...Read More
Ukraine's largest producer of long steel, ArcelorMittal Kryvyi Rih (AMKR), is currently bringing its new continuous casting machine No3 (CCM No3) to designed capacity, the company announced on Monday February 17."We already produce 150mm billet at CCM No3 and will start production of 130mm billet soon, " a company source told Fastmarkets.The equipment addition is part of a company project to repla...Read More
Uncertainty in the global flat steel market caused by falling prices for exports from China has been affecting demand and putting pressure on the market for exports from the Commonwealth of Independent States (CIS), sources told Fastmarkets on Monday February 17.Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS, was $460-480 per tonne on Monday, down from $...Read More
Domestic prices for hot-rolled coil have been fairly stable day on day in the north of Europe and sentiment remains positive, sources told Fastmarkets on Tuesday February 18.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?480.31 ($520.51) per tonne on Tuesday February 18, up by ?,?0.31 per tonne from ?,?480.00 per tonne on February 17.The index was calcul...Read More
Turkish steel producers made more bookings of deep-sea scrap for March shipment, with prices strengthening further on firm demand, sources told Fastmarkets on Tuesday February 18.A steel mill in the Iskenderun region booked a US cargo comprising 20,000 tonnes of HMS 1&2 (90:10) at $282.50 per tonne, 5,000 tonnes of shredded at $285 per tonne and 5,000 tonnes of bonus at $290 per tonne cfr.This com...Read More
News of Australian miner Rio Tinto's production cuts amid continued bearish sentiment among Chinese buyers on downstream demand prevented any significant movement in seaborne iron ore prices on Tuesday February 18.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.18 per tonne, down $0.30 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $89.51 per tonne, down $0.30 per tonne.62% Fe low-a...Read More
Seaborne coking coal prices were up on Tuesday February 18 with tight seaborne supply driving sentiment, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $155.43 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $164.58 per tonne, up $3.30 per tonneHard coking coal, fob DBCT: $127.01 per tonne, unchangedHard coking coal, cfr Jingtang: $146.95 per tonne, up $4.35 per...Read More
China's domestic hot-rolled coil prices were largely steady on Tuesday February 18 amid thin trading, though some mills lowered their export offers in an attempt to reduce their inventories.DomesticEastern China (Shanghai): 3,470-3,490 yuan ($497-500) per tonne, up 10 yuan per tonneNorthern China (Tangshan): 3,230 yuan per tonne, unchangedSellers in Shanghai tried to shore up the market by issuing...Read More
With the exception of those for aluminium, base metals prices on the Shanghai Futures Exchange were down at the close of the morning session on Tuesday February 18 as investors seemingly shrugged off further stimulus measures by China on Monday.Nickel was the worst performer of its complex over the morning, with the metal's most-traded April contract dropping to 103,800 yuan ($14,866) per tonne, d...Read More
Glencore will prioritize the production ramp-up of its Katanga mining asset in the Democratic Republic of Congo (DRC) in 2020, the trader-miner said on Tuesday February 18 during its full-year results announcement.The company's production guidance at Katanga is 270,000 tonnes of copper and 29,000 tonnes of cobalt contained in concentrates and hydroxides, and it expects the successful commissioning...Read More
Challenging conditions will continue in the South African ferro-chrome market and Chinese production will continue to expand, Glencore said on Tuesday February 18.The trader-miner announced on February 4 a 9% drop in ferro-chrome output for the full year of 2019 to 1.44 million tonnes, due to maintenance taken during periods of high costs and low prices.Deteriorating ferro-chrome market conditions...Read More
Watch as Tommy and Eddie are challenged by two fans (with the same name) who ask some tough questions. We think you'll learn something new, and maybe even something helpful!Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Luis J. Gomez is on the road this week so Zac Amico is joined by Mike Feeney, Brendan Sagalow and Doug Brian to discuss Valentine's Day plans, the Wrinkles The Clown documentary, childhood fears, the Satanic Panic, the guy punching the woman's seat on a flight, face tattoos on celebrities, everything you ever wanted to know about Zac's penis piercing(s), the stripper who fell from a 15 ft pole, st...Read More
Gold has been one of the most popular investments over the last 12 months, as many investors seek safe-haven assets ahead of what experts are saying will be an inevitable recession sooner rather than later.This has led the price of gold to rise by over 20% the last 12 months, a substantial increase for the precious metal.As you would expect, gold mining stocks, which are leveraged heavily to the p...Read More
Today, we’ll take a quick look at two questions that a lot of risk-averse Canadian investors are asking at the moment: Is a recession really on the cards, and why are dividend stocks a good way to stay invested and keep bringing in that cash?To answer the first question, there is some indication that the bull run could peak this year, and a market correction south of the border could precede...Read More
Calibre Mining's El Limon ball mill in Nicaragua. Credit: Calibre Mining. After completing the acquisition of the El Limon and La Libertad mines in Nicaragua from B2Gold last year, Calibre Mining has reported its first quarterly results as a gold producer.The company reported fourth-quarter production of 33,506 oz. gold at all-in sustaining costs of $959 per oz. Calibre posted a net income of $3....Read More