"$AXU - Alexco Resource Corp (AXU) CEO Clynt Nauman on Q3 2019 Results - Earnings Call Transcript. Read more and get updates on any stock! https://t.co/RLEiNwDh5f #finance #trading #business"Read full newsRead More
"Natural Gas: Massive Weather Model Divergence Presents Excellent Trading Setup. Subscribe to Seeking Alpha for more: https://t.co/ialzZzv4uJ #business #stocks #stockmarket"Read full newsRead More
"$RILYH - How To Earn 20% + Annualized From B. Riley Financial Bond In 7 Months. Get more updates here: https://t.co/e2T0Y2NWu4 #finance #economy #stockmarket"Read full newsRead More
The three-month nickel price on the London Metal Exchange was unable to close above nearby resistance amid low turnover on Friday November 15, while tin topped losses in a 1.2% downturn. Nickel's underlying price on the LME closed at $14,975 per tonne, failing to hold above the nearby $15,000 per tonne resistance level despite achieving an intraday high of $15,155 per tonne. Volumes traded in LME...Read More
An overview of the battery raw materials markets and their latest price moves. Read More
The vice president of China Nonferrous Industry Association (CNIA) has called for domestic producers to produce less alumina and undertake "rational investment on alumina new projects" to cool China's enthusiasm for production that began in 2018. Speaking during a CEO dialogue session at an Antaike aluminium conference in Qingdao on Thursday November 14, Shang Fushan said: "As we all know, after t...Read More
An overview of the battery raw materials markets and their latest price moves. Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday November 15. China Fastmarkets UG2 chrome ore index hit a record low in its fifth consecutive week of decline, down 7.1% after suppliers cut offer prices sharply following strong resistance from buyers amid oversupply. Domestic spot ferro-chrome price in China continued to edge lower due...Read More
Adam HamiltonArchivesNov 15, 2019 The major gold miners just enjoyed a phenomenal quarter for gold, which soared after its first bull-market breakout in years. Q3'19's much-higher prevailing gold prices should've driven soaring earnings for the miners, due to their big inherent profits leverage to gold. So this just-completed Q3 earnings season is the most important for this sector in a long time....Read More
The vice president of China Nonferrous Industry Association (CNIA) has called for domestic producers to produce less alumina and undertake "rational investment on alumina new projects" to cool China's enthusiasm for production that began in 2018. Speaking during a CEO dialogue session at an Antaike aluminium conference in Qingdao on Thursday November 14, Shang Fushan said: "As we all know, after t...Read More
Most market participants expect the China domestic alumina price to fall further as more imported cargoes arrive in an already oversupplied market, delegates at the aluminium conference held in Qingdao on November 13-15 told Fastmarkets.Sources estimated the average monthly surplus on domestic alumina would reach 200,000 tonnes in second half of the year."Roughly, I would say, the surplus each mon...Read More
An overview of the minor metals markets and their latest price moves.Read More
An overview of the battery raw materials markets and their latest price moves. Read More
Scrap prices in the global markets have been firm during the working week from Monday November 11 to Friday November 15 thanks to demand from mills in Turkey and Southeast Asia and to seasonal factors that raised costs. Turkish mills continue to book scrap for December, but concerns persist over weak long steel demand US suppliers seek higher prices for exports Chinese demand for downstream billet...Read More
The inter-merchant spot price for light iron scrap in the UK narrowed higher in the week ended Friday November 15, with firm demand possibly pushing up prices in the near term, trade sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?75-90 ($96-116) per tonne on Friday, up by ?5 per tonne at the low end...Read More
Suppliers in the UK have won a round of price increases for their monthly intake of ferrous scrap from domestic suppliers for November delivery contracts, paring losses made the month before.This was in line with a recovery in export prices, Fastmarkets heard on Friday November 15.The UK monthly steel scrap market to domestic consumers has settled with prices up by an average of ?15 ($19) per ton...Read More
There are cross currents flowing through broader markets, risk-on is still evident in equities, base metals are generally pulling back in countertrend moves from the stronger tone seen in October and early November and there is some nervousness around judging by the pick-up in demand for havens in recent days.Another record close for the S&P500.LME three-month nickel price down by around 20% from...Read More
An overview of the battery raw materials markets and their latest price moves. Read More
China's domestic battery-grade lithium market remains under downward pressure, with lower offers for carbonate bringing the assessment down by 1.8% week on week on Thursday November 14, while the downtrend in Chinese prices is weighing on the seaborne Asia market, market sources said. Chinese lithium carbonate price fell again due to slow buying activities from downstream buyers. Chinese lith...Read More
European steelmakers increased their offer prices on hot-rolled coil at the end of this week, and transaction prices were also expected to rise, sources told Fastmarkets on Friday November 15.Some Northern European mills announced a price rise for the product of about ?,?30 ($33) per tonne, according to market sources.Fastmarkets' weekly price assessment for steel HRC, domestic, exw Northern Europ...Read More