The price of shredded ferrous scrap imported into India has fallen for a sixth consecutive week to a new year-to-date low, although a potential recovery could be in sight, sources told Fastmarkets on Friday August 23.Fastmarkets' weekly price assessment for steel scrap, shredded, index, import, cfr Nhava Sheva, India, was $292.71 per tonne on Friday, down from $300.67 per tonne on August 16.There...Read More
The Turkish steel mills have continued to make bookings for September delivery at fairly stable prices, sources said on Friday August 23.A steel mill in Izmir booked a European cargo, comprising HMS 1&2 (80:20) at $274 per tonne and bonus at $284 per tonne cfr late on Thursday. The cargo was 25,000 tonnes in total but the composition was not clear...Read More
Seaborne iron ore prices rebounded for a second day on Friday August 23 amid derivatives gains, but market confidence is yet to recover. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $87.81 per tonne, up $3.39 per tonne. 62% Fe Pilbara Blend Fines, cfr Qingdao: $88.19 per tonne, up $3.39 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $86.57 per tonne, up $3.44 per tonne. 58%...Read More
Seaborne coking coal prices were flat on Friday August 23, leaving segments of the market wondering if they have bottomed out.Fastmarkets indicesPremium hard coking coal, fob DBCT: $153.67 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $166.12 per tonne, unchangedHard coking coal, fob DBCT: $138.76 per tonne, unchangedHard coking coal, cfr Jingtang: $153 per tonne, unchangedLow-vol PC...Read More
While most base metals traded on the London Metal Exchange rose during the morning session on Friday 23 due to a marginal 0.19% increase in the United States' Dow Jones Industrial Average index, the LME three-month tin price hit its lowest since February 2016.The LME three-month tin price continues to buckle under the weight of continual stock inflows and is now trading around $15,885 per tonne, d...Read More
China's domestic rebar prices were stable on Friday August 23, with some restocking being done ahead of the weekend keeping the market supported.Domestic Eastern China (Shanghai): 3,660-3,690 yuan ($516-521) per tonne, unchangedNorthern China (Beijing): 3,600-3,630 yuan per tonne, unchangedTraders kept their prices flat despite gains in the figures market in an effort to secure more sales before t...Read More
With little changed in the depressed markets, focus will now turn to what ideas central bankers come up with when they meet at the Economic Policy Symposium at Jackson Hole, in the US state of Wyoming, on Friday August 23.Thursday's flash manufacturing purchasing managers' indices (PMI) showed US manufacturing moving into contraction for the first time since 2009, while Japan and Europe remained i...Read More
Base metals prices on the Shanghai Futures Exchange were in consolidation mode again on Friday August 23, with the complex broadly down - led by a 1% decline in zinc.Losses in the other SHFE base metals were largely limited: October copper (-0.1%), October aluminium (-0.3%), October lead (-0.1%), September tin (-0.8%), while nickel bucked the trend with a gain of 0.1%.The weakness across the base...Read More
Key data from the August 23 pricing session in London.Key drivers:- Cobalt prices consolidated their recent gains, with traders continuing to restock in anticipation of tightness resulting from the closure of the Mutanda mine in the Democratic Republic of Congo at the end of the year.- Modest consumer buying took place at similar price levels, but characterized by smaller volume deals. End-users.....Read More
An overview of the minor metals markets and their latest price moves.Read More
The following Fastmarkets minor metals prices changed on Friday August 23:Minor metalsAntimony max 100ppm Bi, in-whs Rotterdam $/tonne: $5,850-6,050 per tonne from $5,900-6,100Antimony MMTA standard grade II, in-whs Rotterdam, $/tonne: $5,700-5,950 per tonne from $5,700-6,000Bismuth 99.99% Bi min, in-whs Rotterdam, $/lb: $2.70-2.90 per lb from $2.75-2.95Bismuth 99.99% Bi min, in-whs China, yuan/to...Read More
An overview of the Chinese minor metals markets and their latest price moves.Read More
The Tenke Fungurume copper-cobalt mine in the Democratic Republic of Congo (DRC) has seemingly become a financial headache for Chinese miner China Molybdenum, which holds an 80% stake in the mine.China Molybdenum said that the mine was now in a "deficit zone" because falling metal prices, higher taxes and royalties and rising production costs were "squeezing the business profitability" of min...Read More
Stainless steel prices in the European domestic market increased this week after a key mill announced that monthly alloy surcharges will rise sharply in September, sources told Fastmarkets on Friday August 23. Finland-based Outokumpu said its September surcharge for grade-304 stainless steel flat products will increase to ?,?1,557 ($1,726) per tonne, a gain of ?,?175 per tonne from the August valu...Read More
Hey guys and gals,0:13 - Intro0:59 - Hole 1, Par 52:48 - Hole 2, Par 44:26 - Hole 3, Par 35:16 - Hole 4, Par 46:57 - Hole 5, Par 37:47 - Hole 6, Par 59:31 - Hole 7, Par 310:27 - Hole 8, Par 411:55 - Hole 9, Par 5-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comThis video is sponsored by Golf Clash and Playdemic.This is the playthrough for Pro Division in the Coastal Classic Tournament. We...Read More
Hey guys and gals,0:13 - Intro1:03 - Hole 1, Par 52:41 - Hole 2, Par 44:28 - Hole 3, Par 35:21 - Hole 4, Par 47:34 - Hole 5, Par 38:27 - Hole 6, Par 510:10 - Hole 7, Par 311:01 - Hole 8, Par 413:08 - Hole 9, Par 5-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comThis video is sponsored by Golf Clash and Playdemic.This is the playthrough for Expert Division in the Coastal Classic Tournament....Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Rick Rule, David Morgan, Bill Murphy and Craig Hemke will discuss SILVER in 2019, and take your questions LIVE!Bill Murphy: https://www.lemetropolecafe.com/Rick Rule: http://www.sprottusa.com/David Morgan: https://www.themorganreport.com/Craig Hemke: https://www.tfmetalsreport.com/EXCLUSIVE CONTENTPatreon: https://www.patreon.com/KennedyFinanceKF STORE: https://teespring.com/stores/kennedy-...AFFI...Read More
Max interviews Wolf Richter of WolfStreet.com about the significance of negative yields and what it says about the future of our economy.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialis...Read More