Carpentaria Resources expects its planned high-grade iron ore product to find interest among buyers in the Middle East while the latter looks to diversify supply options for pellet feed, managing director Quentin Hill said during an investor briefing this week."There is a supply gap in terms of both quality and quantity in the Middle East and with only three companies accounting for bulk of the su...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Latest transaction: iron oreIron ore Rio Tinto, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $113.80 per tonne cfr China, laycan July 13-22.Vale, Corex, 190,000...Read More
Eastern China's hot-rolled coil prices widened upward on Thursday June 27 amid fluctuations caused by movements in the futures market.DomesticEastern China (Shanghai): 3,900-3,950 yuan ($567-574) per tonne, widening upward 30 yuan per tonneNorthern China (Tianjin): 3,840-3,850 yuan per tonne, unchangedMarket participants in Shanghai rushed to buy at 3,830-3,850 yuan per tonne in the morning after...Read More
China's rebar prices regained some upward momentum on Thursday June 27 on early gains in the futures market.Domestic Eastern China (Shanghai): 3,940-3,980 yuan ($573-579) per tonne, up 30-40 yuan per tonneNorthern China (Beijing): 3,800-3,840 yuan per tonne, up 30-40 yuan per tonneRebar futures rose to a high of 4,095 yuan per tonne in the morning, which led traders in the spot market to take thei...Read More
Import prices for stainless steel in East Asia experienced an uptick over the past week amid a recovery in the nickel market, though downstream demand remained soft.The three-month nickel contract on the London Metal Exchange ended Wednesday June 26's official trading session at $12,430-12,440 per tonne, up $480-485 per tonne from a week earlier.The increase came amid supply disruptions arising fr...Read More
The Chinese domestic cobalt metal price fell by 3.1% in the midweek pricing session due to sluggish demand during the traditionally weak consumption season causing suppliers to compete fiercely for limited inquiries in the spot market. Fastmarkets assessed the Chinese domestic cobalt metal price at 220,000-250,000 yuan per tonne ($12.85-14.61 per lb, less China-VAT) on Wednesday June 26, down...Read More
European steelmakers voiced their concerns over the future viability of the UK steel industry, should the UK leave the European Union on October 31 without a deal, at the European Steel association's (Eurofer) European Steel Day in Brussels on Wednesday June 26.A "no deal" Brexit would mean the UK would leave the EU, and all related agreements and bodies, without a transition period. No preferenti...Read More
Domestic stainless steel prices in China kept rising over the past week on increasing demand and a strengthening of the nickel market.The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,100-14,500 yuan ($2,050-2,108) per tonne including value-added tax for the week ended Wednesday June 26, up by 100-150 yuan per tonne from a...Read More
Glencore (LON: GLEN) says 19 illegal artisanal miners have died, "with possible further unconfirmed fatalities," when two galleries caved in at Kamoto Copper Company's KOV open-pit copper mine in the Democratic Republic of Congo (DRC).The mine has experienced "daily intrusions onto its concession by on average 2,000 illegal artisanal miners per day," the Switzerland-based commodities giant stated...Read More
Kevin Gates - Push ItDownload/ Stream - https://kevingates.lnk.to/PushItIDSubscribe for more official content from Kevin Gates:https://kevingates.lnk.to/SubscribeFollow Kevin GatesTwitter: http://twitter.com/kevin_gatesInstagram: http://instagram.com/iamkevingatesFacebook: https://facebook.com/kvngatesSoundcloud: https://soundcloud.com/kevingatesWebsite: http://www.kvngates.comThe official YouTube...Read More
Was passiert, wenn Philipp Amthor (CDU) - die ?EUR?konservative Allzweckwaffe" der Union - auf Kevin K? 1/4 hnert (SPD) - den wohl m??chtigsten Juso-Chef aller Zeiten - trifft? Die Antwort: ein interessanter und hitziger Schlagabtausch der beiden Jungpolitiker. In dieser DISKUTHEK-Folge, dem neuen Youtube-Debattenformat vom stern, diskutieren Amthor und K? 1/4 hnert ? 1/4 ber die Wohnungskrise, So...Read More
The gold miners' stocks just blasted higher to a major decisive breakout this week! Driven by gold's own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back traders, with their buying unleashin...Read More
The gold miners' stocks just blasted higher to a major decisive breakout this week! Driven by gold's own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back traders, with their buying unleashin...Read More
The Shandong stake is being acquired at the cost of A6.2c per share, while the direct investment into Triton is costing Jinan Hi-Tech 4.1c per share.Read More
The Fitch Group unit says it's increasingly likely that China might use its near-monopoly (72% of the global rare earths market) as leverage over the coming months.The US is highly dependent on Chinese imports to satisfy its demand for rare earth metals, with China having supplied up to 80% of the rare earths imported by the US between 2014 and 2017.According to Fitch, historical precedence sugges...Read More
Food scarcity is emerging as one of the defining issues of a new era.According to the UN, about 815 million people (roughly 10% of the global population) currently live undernourished.By 2050, the global population is expected to reach almost 10 billion. And the planet's food supplies will be under far greater stress.Water shortages, pollution, rising energy costs, urbanization, and geopolitical i...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 298,10861,55459,841160,228420,378518,177541,773 Change from Prior Reporting Period 23,475-8,7563,18618,23554,53044,89648,960 Traders 20775745660287189 Small Speculators LongShortOpen Interest 59,42835,832577,605 7,0733,00951,969 non reportable positionsCh...Read More
The gold miners' stocks just blasted higher to a major decisive breakout this week! Driven by gold's own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back traders, with their buying u...Read More
- Gary Tanashian, NFTRHYou may know me as the......guy.The guy using the planets of an imaginary gold sector Macrocosm with proper fundamentals that are decidedly not imaginary but rather, are necessary to call a real bull phase or even bull market. By managing a strict set of macro and sector fundamental inputs (to the sound of crickets and little else in the sector) NFTRH and its subscribe...Read More
By: Ira EpsteinGold technical update -- preparing for the G20, China and more:Read More