Domestic transaction prices for hot-rolled coil in Southern Europe increased over the week, supported by reduced availability of domestic material and rising import offers, sources told Fastmarkets on Wednesday December 18.Domestic pricesFastmarkets' weekly price assessment for steel hot-rolled coil, domestic, ex-works Southern Europe, was ?,?430-440 ($479-491) per tonne on December 18, up by ?,?1...Read More

Turkish steel mills made no deep-sea bookings for a second day, while prices remained firm, sources said on Wednesday December 18.Turkish steel mills made no deep-sea bookings for a second day, while prices remained firm, sources said on Wednesday December 18.At the beginning of the week, two Baltic Sea cargoes were sold at $299-300 per tonne cfr for HMS 1&2 (80:20).Some suppliers were heard offer...Read More

Seaborne prices for hard coking coal rose in the cfr China segment on Wednesday December 18 while those for premium products were largely stable, with support coming from a pickup in China's domestic market.Fastmarkets indicesPremium hard coking coal, fob DBCT: $135.67 per tonne, up $1.51 per tonnePremium hard coking coal, cfr Jingtang: $147.33 per tonne, unchangedHard coking coal, fob DBCT: $122....Read More

Seaborne prices for mid-grade iron ore came under some pressure on Wednesday December 18, with steelmakers in China continuing to show a preference for materials sold at Chinese ports.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.20 per tonne, down $0.87 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $92.29 per tonne, down $0.87 per tonne.62% Fe low-alumina fines, cfr Qingdao: $93...Read More

Anglo American has begun iron ore blending operations at a port in China, following the lead of other global miners.The miner has held a ceremony to celebrate completion of its first batch of "AAAF Blended Sinter Feed" at the port of Caofeidian in northern China's steel hub of Tangshan city, Fastmarkets learnt on Tuesday December 17.AAAF stands...Read More

Indonesian ferrous scrap demand should continue to grow in 2020 despite the new rules imposed by authorities."The new regulations should be smoothed out over the next couple of months and containerized scrap shipments should resume within the first half of the year," Hoffman Iron & Steel chief executive Phil Hoffman told Fastmarkets.He was referring to the new regulations enacted by the Indonesian...Read More

The contango in the London Metal Exchange cash/three-month aluminium spread widened in morning trading on Wednesday December 18 after a further 43,725 tonnes flowed into LME-approved global sheds. Some 14,650 tonnes of material were put back into warehouses in Johor while a greater 29,085 tonnes were delivered into warehouses in Port Klang, Malaysia, the third day of significant inflows into regio...Read More

China's hot-rolled coil exporters kept their offers high on Wednesday December 18 despite sliding domestic prices amid a limited supply of cheaper goods from other parts of the world in the international market.DomesticEastern China (Shanghai): 3,870-3,880 yuan ($553-554) per tonne, down 10 yuan per tonneNorthern China (Tangshan): 3,640 yuan per tonne, narrowed downward by 10 yuan per tonnePrices...Read More

Broader markets are generally weaker this morning, Wednesday December 18, with equities in Asia mainly lower, metals mixed and havens little changed.In Europe, fear that a hard Brexit has not vanished is weighing on sentiment, especially in sterling, while a lack of detail on the United States-China trade deal has made it difficult for markets to see further follow-through buying. Equities in Asia...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday December 18.Key driversThe price range of alloy has narrowed over the past week, with the low end moving up as sources reported deals done towards the upper end and with previous lows disappearing.Producers and traders are preparing for renewed demand in January in expectation of consumers in the steel sector and other usage areas.T...Read More

Cronimet Group has hired Martin Stepper, the former head of ferro-alloys at Thyssenkrupp, the company told Fastmarkets on December 18.Stepper will start in his new role as head of the...Read More

Te invitamos a ver el siguiente video: CJNG revela interrogatorio a polic?-as de Villagr??nhttps://youtu.be/7hSZxiJrka8COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior.com...Read More

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

ValueTrend portfolio manager Keith Richards says the leading sectors within the TSX 300 index do not support a lasting bull market at this time.The trouble with the TSX index is that it is a concentrated index. In truth, that's because the Canadian market is a concentrated market economy. For instance, the TSX 300 index holds:?- 32 per cent weighting in financial stocks and?- 16 per cent in ener...Read More

The company had set out to raise $80 million at $7.28 per share in a bank-led bought deal raising. Yesterday it said the $12 million over-allotment option was exercised in full.Read More

Thirty-three-year-old Micromine, owned by Sydney-based technology-focused private equity firm Potentia Capital and the founding Tuder family, also has offices in Brazil and Peru.Micromine regional manager Guido Perez said large and junior companies were developing new precious and base metals projects across Mexico. A solid pipeline of projects, competitive operating costs and rising metal prices...Read More

The game is rigged.We know this.But here's a little reminder...On Monday, the S&P 500 and Nasdaq each hit fresh record highs after optimism over trade deals helped push some assets higher.These new "record highs," which are no longer uncommon, seem to come and go based on the chess matches and pissing contests between kings and dictators, who, while drunk on power, make decisions that move markets...Read More

Gary TanashianThe Continuum (the systematic downtrend in long-term Treasury yields) has for decades given the Fed the green light on inflation. Sometimes it runs hot (as per the red arrows) and sometimes it runs cold. One year ago people were confused about why a declining stock market was not influencing Fed chief Powell to reverse his relatively hawkish tone.The orange arrow shows exactly why,...Read More

By: Ira EpsteinGold's latest technicals, resistance areas where bulls need to take out to get more interest going:Read More

Gold and silver are unchanged after majority of lawmakers in the U.S. House of Representatives voted to impeach Trump. In my view, gold and silver will remain firm due to Trump and his impeachment related news. Only some yearend profit taking in gold can result in a sell off. Exceptional year end US economic data release can also result in a selloff in gold. One needs to be ready to trade and ma...Read More