Recent News

IRON ORE DAILY: Seaborne prices up amid supply jitters

April 09, 2020 / www.metalbulletin.com

Iron ore prices in the seaborne Chinese portside market went up on Wednesday April 8, with futures prices on the Dalian Commodity Exchange and Singapore Exchange also showing gains.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $83.64 per tonne, up by $0.91 per tonne.62% Fe low-alumina fines, cfr Qingdao: $85.15 per tonne, up by $1.04 per tonne.58% Fe fines high-grade premium, cfr Qingdao:...Read More

COKING COAL DAILY: Chinese participants drive trading activity

April 09, 2020 / www.metalbulletin.com

Trading activity picked up in the fob Australia segment of the seaborne premium hard coking coal market on Wednesday April 8, with Chinese participants' buying activity heard to be driving the incline.Fastmarkets IndicesPremium hard coking coal, fob DBCT: $134.27 per tonne, up $1.26 per tonnePremium hard coking coal, cfr Jingtang: $139.11 per tonne, down $0.10 per tonneHard coking coal, fob DBCT:...Read More

Covid-19 vs 2015 financial crisis - how much further can steel prices fall?

April 09, 2020 / www.metalbulletin.com

The fate of the steel world continues to hang in the balance: Numerous scrapyards have stopped operations, blast furnaces around the world have stopped and aggressive offers by traders for Russian and Indian supply have pushed prices down further. In the Asia hot-rolled coil market, for example, Russian and Indian material is expected to remain the lowest-priced supply in the spot market for...Read More

FASTMARKETS MB DAILY PDFs

April 09, 2020 / www.metalbulletin.com

Daily PDFs will be downloadable until Friday April 10. After that, because of the UK's Easter holidays, the next daily PDF will be downloadable on Wednesday April 15.Read More

GLOBAL ZINC & LEAD WRAP: Zinc, lead spot appetite weak globally on demand, supply woes

April 09, 2020 / www.metalbulletin.com

Spot appetite for zinc and lead were weak across different regional markets this week while respective lockdowns adversely affect industrial activities including steelmaking and battery manufacturing, sources said on Tuesday April 7.Some zinc producers in Europe maintained operations to fill up on lost output from Latin America, while spot appetite for zinc ingots remained minimal Two major batter...Read More

CHINA HRC: Exporters cautious about possible global output cut

April 09, 2020 / www.metalbulletin.com

Spot prices for Chinese hot-rolled coil were largely stable on Wednesday April 8, with exporters exercising caution amid the possibility of steelmakers worldwide cutting output due to a continually weakening market caused by the Covid-19 pandemic.DomesticEastern China (Shanghai): 3,220-3,230 yuan ($456-457) per tonne, unchangedNorthern China (Tangshan): 3,190-3,200 yuan per tonne, widening upward...Read More

LIVE FUTURES REPORT 08/04:LME base metals prices capped as rally wanes; 44kt of Cu flows in

April 09, 2020 / www.metalbulletin.com

London Metal Exchange three-month base metals prices were broadly trading in negative territory during the morning session on Wednesday April 8, with the gains made in the previous day's short-covering rally ebbing away. "LME base metal prices are consolidating after recent gains but the 'sell the rally' mentality continues to overhang and that is likely to cap upside price potential in the short...Read More

CHINA REBAR: Prices in eastern region fall on destocking needs

April 09, 2020 / www.metalbulletin.com

Eastern China's rebar prices dropped on Wednesday April 8 on destocking pressure, while those in the northern region held steady on rising demand. Eastern China (Shanghai): 3,370-3,400 yuan ($478-482) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,330-3,370 yuan per tonne, unchanged Demand for rebar in eastern China has reached a "steady and good" level since mid-March, market p...Read More

MINOR METALS MARKET REPORT 08/04: Lack of demand causes antimony price slump

April 09, 2020 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for their latest price moves.Read More

TITANIUM SNAPSHOT: Alloy market consolidates gains, new supply doubts

April 09, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday April 8.Key drivers The ferro-titanium market in Europe has consolidated gains made in the first week of April, cementing prices amid new concerns about production in the UK adding to existing supply worries from key international exporter Russia. UK-based sources have doubts on near-term production due to the Covid-19 pandemic tha...Read More

Noble to close base metals, rare earth trading desks in major headcount cut - sources [UPDATED]

April 09, 2020 / www.metalbulletin.com

Hong Kong trading house Noble Group Holdings will close its base metals and rare earths trading desks as part of widespread board-mandated staffing cuts, informed sources told Fastmarkets. Noble's board is said to have agreed on a directive for a major cut to headcount across the business, with traders informed that they would be let go on Monday and Tuesday this week. "They are blaming Covid-19 b...Read More

FOCUS: Supply uncertainties lead cobalt-hydroxide market to fixed-price spot deals

April 09, 2020 / www.metalbulletin.com

Spot cobalt hydroxide deals are being concluded on a fixed-price basis while buyers and sellers seek to shield themselves from market volatility expected to come from measures taken to curb the global spread of the coronavirus.News late last month that South Africa would enter a 21-day lockdown created uncertainty over the supply of cobalt hydroxide in the coming weeks and months. About 65% of the...Read More

FOCUS: Why is the seaborne manganese ore price surging while chrome ore rise lags?

April 09, 2020 / www.metalbulletin.com

The lockdown in South Africa has sparked a sharp rise in seaborne manganese ore prices in China, whereas the chrome ore market has lagged behind due to different end uses, slower portside price movements and high stocks. South Africa has been under a nationwide lockdown since Thursday March 26, implemented to prevent the spread of the Covid-19 virus. The country's metals and mining operations...Read More

EC imposes provisional anti-dumping duties on HR stainless imports from China, Taiwan, Indonesia

April 09, 2020 / www.metalbulletin.com

The European Commission has imposed anti-dumping duties on imports of hot-rolled stainless steel products originating in China, Taiwan and Indonesia into the European Union, it announced on Tuesday April 7.The provisional duties relate to an investigation started on August 12, 2019, following the European Steel Association Eurofer's complaint lodged two months earlier.The investigation applies to,...Read More

Japan's national emergency halts China-bound scrap inspections, exports

April 09, 2020 / www.metalbulletin.com

China Certification & Inspection Group's (CCIC) Japanese unit has suspended operations after Prime Minister Shinzo Abe declared a state of national emergency in major areas of Japan in response to the spreading Covid-19 virus, Fastmarkets learned. On Tuesday April 7, the Japanese government announced a month-long national emergency in Tokyo, Osaka, Fukuoka and four other prefectures.CCIC Japa...Read More

NOBLE ALLOYS MARKET REPORT 08/04: Ferro-vanadium up 5.5% on South Africa supply concerns [CORRECTED]

April 09, 2020 / www.metalbulletin.com

An overview of the noble alloys markets and the reasons for any price moves.Read More

Donate Live To Make Jassy Sad! Help With Tommy Sotomayors YouTube Welfare Game! Click The Link

April 09, 2020 / www.youtube.com

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April 09, 2020 / www.youtube.com

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PAQUE DE CONFINEMENT: PRENONS ENSEMBLE LE PAIN ET LE VIN CE SOIR - Allan Rich

April 09, 2020 / www.youtube.com

Plusieurs d'entre vous ont ?(C)t?(C) manipul?(C) par des personnes affirmant que p??que 2020 ?(C)tait le 7 avril et non le 8 avril. Leur argument a ?(C)t?(C) de dire que nous sommes dans une ann?(C)e bissextile. Hors cela est bas?(C) sur l'ann?(C)e solaire, mais p??que selon la bible est bas?(C) sur le calendrier LUNAIRE. Donc p??que 2020 commence bien le 8 avril au soir. (caldendrier lunaire ASTR...Read More

Wednesday Night Live April 8,2020 feat Pastor Andrew Jackson Jr

April 09, 2020 / www.youtube.com

West Irving Church Of God In Christ, Wednesday Night Live April 8,2020 feat Pastor Andrew Jackson, JrRead More

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