Steady demand in China, reduced availability of material and a rebound in the cost of scrap all gave support to the market for pig iron exports from the Commonwealth of Independent States during the week ended Thursday October 17, Fastmarkets has heard.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $270-280 per tonne on October 17, widen...Read More
The whereabouts of minor metal stocks held by the now defunct Fanya Metals Exchange has been a weight on the outlook of minor metals prices and contract negotiations since the exchange collapsed in 2015. The whereabouts of minor metal stocks held by the now defunct Fanya Metals Exchange has been a weight on the outlook of minor metals prices and contract negotiations since the exchange collapsed i...Read More
Market participants in both China and Europe have been taking a wait-and-see approach to procurement in the run-up to the auctions of four cargoes of minor metals formerly held by the Fanya Metal Exchange. On October 11, Southwestern China's Kunming Intermediate People's Court announced germanium, gallium, tellurium and selenium stocks will be auctioned over a 24-hour period starting at 10am...Read More
Trading activity in the seaborne coking coal market was largely muted on Friday October 18, though reports emerged of a second-tier cargo being traded at a fixed price under a long-term contract.Fastmarkets indicesPremium hard coking coal, fob DBCT: $150.73 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $164.76 per tonne, unchangedHard coking coal, fob DBCT: $125.50 per tonne, up $2.3...Read More
China's hot-rolled coil prices slid further on Friday October 18 although demand was stable, amid dampened sentiment due to a weakening of the futures market.DomesticEastern China (Shanghai): 3,490-3,510 yuan ($493-495) per tonne, widened downward by 10 yuan per tonneNorthern China (Tangshan): 3,490 yuan per tonne, down 10 yuan per tonneA trader in Shanghai said that prices had weakened despite st...Read More
China's domestic rebar prices dropped on Friday October 18 amid renewed expectations of looser steelmaking restrictions in the northern region over the next few months of the cold season.Eastern China (Shanghai): 3,580-3,610 yuan ($505-510) per tonne, down 30-40 yuan per tonneNorthern China (Beijing): 3,550-3,590 yuan per tonne, down 10-20 yuan per tonneThe Ministry of Ecology & Environment has re...Read More
An overview of the minor metals markets and the reasons for their latest price moves. Read More
The following Fastmarkets minor metals prices changed on Friday October 18:Minor metals Bismuth 99.99% Bi min, in-whs Rotterdam, $/lb: $2.60-2.90 per lb from $2.55-2.90Bismuth 99.99% Bi min, in-whs China, yuan/tonne: 40,000-42,000 yuan per tonne from 39,500-41,500 yuanChromium alumino-thermic 99% min, in-whs Rotterdam,...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves. Read More
The price of stainless steel cold-rolled sheet in Europe has decreased over the past week under pressure from slow trading, Fastmarkets heard on Friday October 18.Fastmarkets' price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was ?,?2,300-2,350 ($2,554-2,609) per tonne on October 18, down by ?,?50 per tonne week on week from ?,?2,...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday October 18:Aluminium scrapFloated frag, delivered consumer Europe, ?,?/tonne:...Read More
Market participants in Asia were taken by surprise this week after price upticks in the bellwether Turkish scrap import market followed the United States' decision to once again double its tariffs on Turkish steel.As a result, Taiwanese buyers have had to pay higher prices for imported containerized cargoes on the back of limited supplies from the US West Coast.However, Vietnamese buyers are...Read More
China granted small additional volumes of ferrous scrap import quotas for the remaining months of 2019 on Friday October 18. The 13th batch of quotas will allow three companies to import another 610 tonnes of ferrous scrap, according to a notice from the China Solid Waste & Chemicals Management Center seen by Fastmarkets. The companies are: Company: Tianjin Yuwei Hongcheng Metals Quota: 100 tonnes...Read More
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Ex-Scotland Yard Detective Reveals How London Police Protect Elite Paedophile RingsJon's YouTube channel:https://www.youtube.com/channel/UCKqh...Watch more true crime podcasts: https://www.youtube.com/playlist?list...Jon on Twitter: https://twitter.com/wedger_jonFacebook: https://www.facebook.com/miketarraga1/JustGiving: https://www.justgiving.com/crowdfundi...Jon's foundation: https://www.jonwedg...Read More
What’s In Play NowIt has been about 2 months since the gold stock sector, as represented by the HUI index, topped out. The ensuing correction has been a whipsaw affair of ups and downs, but smoothing that volatility out we find an ongoing correction in time and price that has not been too difficult to manage.The pattern that some would call a “complex H&S” (TA-speak for a fre...Read More
Another round of global monetary easing has just begun! More than 30 central banks around the world have cut interest rates this year so far. The Fed and the ECB are certainly among them. Should gold investors look forward to these policies playing out? Let’s find out how gold tends to behave during such an extraordinary period! Ladies and Gentlemen! Another round of global monetary easing h...Read More
India continues to remind us that they are a massive piece of physical silver demand...by Matt from Silver Fortune via Silver Fortune Read More
According to the Centers for Disease Control and Prevention (CDC), every year about 735,000 Americans have a heart attack.Of these, 525,000 are a first heart attack and 210,000 happen in people who have already had a heart attack.The CDC says that heart disease takes the lives of around 600,000 Americans every year or 1 in 4 deaths. And, it's the leading cause of death for both men and women of mo...Read More
Tommy knows what he wants to wear for Halloween but the family have other ideasYou can follow me here:Instagram: http://instagram.com/gracesworldofficialFacebook: https://www.facebook.com/gracesworldo...YouTube (Grace's World): https://www.youtube.com/c/gracesworldYouTube (Grace's World - Spanish): https://www.youtube.com/c/elmundodegraceYouTube (Grace's Room): https://www.youtube.com/c/gracesroomRead More