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IRON ORE DAILY: Prices continue to trend down, interest in iron ore lump grows

April 11, 2019 / www.metalbulletin.com

Seaborne iron ore prices continued to slide on Wednesday April 10, while the seaborne spot market remained subdued with no open tenders being issued by the major miners.MB 62% Fe Iron Ore Index: $94.61 per tonne cfr Qingdao, down $0.24 per tonne. MB 62% Fe Pilbara Blend Fines Index: $93.73 per tonne cfr Qingdao, down $0.24 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $96.57 per tonne cfr Qingd...Read More

COKING COAL DAILY: Wide offer-bid gap keeps market uncertain

April 11, 2019 / www.metalbulletin.com

Uncertainties continue to linger in the seaborne coking coal spot market, with most participants still keeping away from the premium hard coking coal segment due to a divergence between offers and bids.While offers for premium hard coking coal have stayed largely stable at $200-204 per tonne cfr China, bids from end users have emerged around $190-195 per tonne cfr, various sources told Fastmarkets...Read More

Lower Kanto Tetsugen tender price heats up scrap contest for Asia

April 11, 2019 / www.metalbulletin.com

Japanese ferrous scrap is expected to be more competitive against materials from the United States' west coast after the Kanto Tetsugen tender price plunged on Wednesday April 10, market sources told Fastmarkets MB.The cooperative of scrap dealers in Japan's most-industrialized region concluded its April export tender of H2-grade scrap at ?23,300 ($209) per tonne fas Tokyo Bay, down ?1,710 per t...Read More

CHINA REBAR: Domestic prices lose upward momentum

April 11, 2019 / www.metalbulletin.com

China's domestic rebar prices dropped slightly on Wednesday April 10 due to softer demand. Domestic Eastern China (Shanghai): 4,000-4,050 yuan ($596-603) per tonne, down 50-70 yuan per tonneNorthern China (Beijing): 3,940-3,980 yuan per tonne, down 10-20 yuan per tonneBuyers have been cutting their procurement rates since Tuesday due to recent price increases. They continued to limit their purchas...Read More

GLOBAL ALUMINIUM WRAP: Wide LME contangos buoy Rotterdam, US Midwest premiums; Italy market liquidity up

April 11, 2019 / www.metalbulletin.com

Strong LME spreads bolstered aluminium premiums in both the US Midwest and Europe in the week ended on Tuesday April 9, while increased metal availability in Trieste helped increase market liquidity in Italy and main Japanese port (MJP) premiums held firm amid active trading despite short supply. Benchmark Rotterdam duty-unpaid premium touches $100 per tonne for first time since June 2018US Midwes...Read More

CHINA HRC: Prices withdraw on lower trading activity

April 11, 2019 / www.metalbulletin.com

China's hot-rolled coil prices retreated on Wednesday April 10 with trading activity in the domestic market said to be at moderate levels.DomesticEastern China (Shanghai): 3,970-3,980 yuan ($591-593) per tonne, down 20 yuan per tonneNorthern China (Tianjin): 3,930-3,940 yuan per tonne, down 10 yuan per tonneA Shanghai-based trader said buyers were only placing orders on an as-needed basis, rather...Read More

LIVE FUTURES REPORT 10/04: LME base metals prices consolidate in lackluster European trading while fresh tariffs loom

April 11, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange consolidated during morning trading on Wednesday April 10, with most metals trading in narrow ranges and buying appetite in Europe subdued. Volumes traded have been thin this morning. The most-traded metal is copper with just over 4,000 lots changing hands as of 9:30am London time. The three-month copper price is trading just below $6,480 per tonne d...Read More

BATTERY MATERIALS CONF: EVs will progress to solid-state batteries in 10-15 years, pending manufacturing developments

April 11, 2019 / www.metalbulletin.com

Electric vehicles will shift to using solid-state batteries using lithium metal in the long term, but requisite developments in the manufacturing process mean batteries with liquid electrodes will remain in use until at least the late 2020s, according to Emily Hersch, managing partner of DCDB Group. "The practical reality of how [solid-state technology] goes from laboratory to supply isn't so much...Read More

FASTMARKETS NON-FERROUS PRICE CHANGES 10/04: Minor metals

April 11, 2019 / www.metalbulletin.com

The following Fastmarkets minor metals prices changed on Wednesday April 10:Antimony MB Chinese free market MMTA standard grade II, yuan/tonne: 44,000-45,000 yuan per tonne from 43,500-45,000 yuanCobalt MB free market alloy grade, $/lb: $16.50-17.30 per lb...Read More

TITANIUM SNAPSHOT: Firm fundamentals boost prices

April 11, 2019 / www.metalbulletin.com

Key data from the Wednesday April 10 pricing session in Europe.Key driversThe European ferro-titanium price moved up in the past week, while scrap markets also increased amid firm fundamentals that have fueled a price rally since March. Current business conditions are expected to persist through April and into May. There were reports that a major German steelmaker booked 150 tonnes of alloy for sh...Read More

Chinese antimony price pushed up by production halts in Lengshuijiang

April 11, 2019 / www.metalbulletin.com

Chinese domestic prices for antimony gained some momentum late last week when all the private antimony producers in Lengshuijiang, in China's central province of Hunan, were required to halt production for safety checks, sources told Fastmarkets on Tuesday April 9.On April 3, before a national public holiday on April 5, relevant authorities in Lengshuijiang, which is China's major antimony product...Read More

METALS MORNING VIEW 10/04: LME base metals prices on defensive after global risk sentiment sours

April 11, 2019 / www.metalbulletin.com

Global risk sentiment soured overnight following news that the International Monetary Fund (IMF) has downgraded its global growth outlook for 2019 to 3.3% from 3.5% previously. The IMF forecasts the slowdown seen in the second half of 2018 to continue into the first half of this year before picking up in the second half of 2019. The projected growth rate for next year was unchanged at 3.6%.As a re...Read More

FASTMARKETS NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES 10/04

April 11, 2019 / www.metalbulletin.com

The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday April 10:Aluminium scrapLoose old rolled cuttings: ?680-710 per tonne from ?690-720Cast wheels: ?1,140-1,170 per tonne...Read More

Interview: The LME's new cobalt contract

April 11, 2019 / www.northernminer.com

The following is an interview by Cobalt 27 Capital (TSX-V: KBLT; US-OTC: CBLLF) chairman Anthony Milewski with the London Metal Exchange's Product Development department to discuss the LME's electric-vehicle battery materials initiatives and the launch of its new cobalt contract.Anthony Milewski: What is the London Metal Exchange and what does it offer as a platform?London Metal Exchange: The Lond...Read More

Drugstore & Affordable Dupes For Most Hyped Skincare Products: Dry, Combo & Oily Skin Types

April 11, 2019 / www.youtube.com

Hi guys! This is a veeryyy highly requested skincare products video all about affordable and drugstore dupes! This is for all of you, dry skin, combination skin, oily skin and sensitive skin types, so there's definitely something that all of you could add to your current skincare routine! ??~~Just some of the brands we mention are Tatcha, Drunk Elephant, Fresh, Sunday Riley and much more! So check...Read More

This Leading Indicator Looks Bullish for Gold

April 11, 2019 / www.miningfeeds.com

There are more than a handful of things I can cite as leading indicators for the Gold price.Ratios such as Gold against the stock market and Gold against foreign currencies are generally good leading indicators. The gold stocks and Silver can function as leading indicators at times.The yield curve and bonds can also be leading indicators.But there is one thing I've never mentioned, nor written abo...Read More

Are You Considering an Investment in Cameco Corporation (TSX:CCO)?

April 11, 2019 / www.fool.ca

Over the past 12-month period, Cameco (TSX:CCO)(NYSE:CCJ) has seen its share price appreciate over 25%, becoming one of the top movers on the market. That may come as a surprise to many, particularly as the uranium miner has struggled with depressed demand over the past decade, as utilities have shied away from nuclear reactors for their electricity needs.Let’s take a look at some of the ev...Read More

Attention Contrarian Investors: Are Gold Stocks Undervalued Today?

April 11, 2019 / www.fool.ca

The strong recovery in equity markets in 2019 has wiped out many of the deals that were available at the end of last year, but some sectors, including gold, continue trade at depressed levels and investors are wondering whether this is the right time to add gold miners to their portfolios.Let’s take a look at the current situation in the gold market and see if gold stocks such as Barrick Gol...Read More

This Leading Indicator Looks Bullish for Gold

April 11, 2019 / www.miningfeeds.com

There are more than a handful of things I can cite as leading indicators for the Gold price.Ratios such as Gold against the stock market and Gold against foreign currencies are generally good leading indicators. The gold stocks and Silver can function as leading indicators at times.The yield curve and bonds can also be leading indicators.But there is one thing I've never mentioned, nor written abo...Read More

Sprott lets Northern Sphere warrants expire

April 11, 2019 / www.mining-journal.com

Sprott's company said its 2.5 million share purchase warrants, with an exercise price of C60c per share, had expired, decreasing his beneficial ownership by about 5.Read More

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