Turkish deep-sea scrap import prices have inched downward after slightly lower offers were heard from the Baltic Sea region on Tuesday March 27.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed the day at $366.95 per tonne cfr, down by $1.15 per tonne day-on-day.The daily index for similar US-origin scrap closed at $376.96 per tonne cfr, down...Read More
European steel association Eurofer has called for a quick decision in the region's safeguard case investigating imported steel, it said on Tuesday March 27.The European Commission (EC) started the safeguard case into 26 steel product types on March 26, in an attempt to prevent the redirection of steel in the global export markets from the United States to the EU."The investigation must act fast an...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 oreRio Tinto, tender, 190,000 tonnes of...Read More
Base metals prices on the London Metal Exchange were higher across the board during morning trading on Tuesday March 27. The market mostly ignored possible trade tensions between the United States and China and market sentiment has improved to boost prices. "It seems that the risks of a possible trade war between the US and China are being ignored completely on the base metals markets today - whic...Read More
Seaborne coking coal prices remain under pressure, with a cargo of premium materials being offered below $200 per tonne fob Australia on Tuesday March 27. There was also talk about another cargo of similar materials being offered around $205 per tonne cfr China. A Chinese trader source attributed the sudden plunge in seaborne coking coal prices to the weakening downstream market."[Prices] had been...Read More
China's domestic rebar prices bounced back slightly on Tuesday March 27 amid a pick-up in trading activity following several days of big losses. Domestic Eastern China (Shanghai): 3,440-3,520 yuan ($547-560) per tonne, up 20-30 yuan per tonne Northern China (Beijing): 3,660-3,690 yuan per tonne, up 20-30 yuan per tonne Rebar futures rose sharply during the morning trading session, hitting a high o...Read More
China's hot-rolled coil prices recovered some losses on Tuesday March 27 following a rebound in the futures market.DomesticEastern China (Shanghai): 3,730-3,780 yuan ($593-601) per tonne, up 30 yuan per tonneNorthern China (Tianjin): 3,710-3,740 yuan per tonne, up 40 yuan per tonneThe paper market charted a recovery during the day after successive days of decreases, which provided support to the s...Read More
Metal Bulletin will launch a price assessment for cobalt sulfate, 20.5% min Co, ex-works China, published as a $ per lb adjustment to the low end of Metal Bulletin's existing benchmark low-grade cobalt price assessment.Cobalt sulfate is one of the key materials used to produce lithium-ion nickel-cobalt-manganese (NCM) and nickel-cobalt-aluminium (NCA) batteries used in electric vehicles (EV). Chin...Read More
China's ferrous futures rose during morning trading on Tuesday March 27, with the steel contracts posting a strong recovery in particular after a week of losses.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,455 yuan ($549) per tonne, up 71 yuan per tonne May hot-rolled coil: 3,608 yuan per tonne, up 80 yuan per tonne Dalian Commodity Exchange May iron ore: 446 yua...Read More
TODAY LEAD INTRADAY CALLToday Lead Intraday Call – Lead Mcx BUY Call 27d Given at price 153.10 Achieved 1st Target 154.10 & Achieved 2nd Target 154.60. CMP 155.05. Profit of 1.5 x 2 lot = 3 Points / Rs 15000TIPS ID 27d : Mcx Lead - BUY 2 lot Lead at CMP 153.10 for Target 154.10 - 154.60 with SL below price 152.0AFTER POST CONTENT Read More
(Kitco News) - The gold market is finally due for some excitement as the yellow metal is looking ready to break out of its narrow trading range and challenge January’s high of $1,366 an ounce, said TD Securities in a report.“After being locked in a fairly tight range between $1,302-1,340/oz for many weeks, traders took the yellow metal higher into a position to challenge the high of $1...Read More
After dropping over 1100 points on Thursday and Friday of last week, the Dow Jones Industrial Average has staged a dynamic recovery today. As of 3:30 PM Eastern standard time, it is trading 622 points higher at 24,155. This recovery is the result of an easing of tensions regarding the possibility that there will be a trade war between China and the United States.In an interview with Fox News Treas...Read More
MCX NICKEL TARGET TIPS TODAYNickel Target Tips – Nickel BUY Call 271 Advised at price 835 Achieved 1st Target 842 (Made 843 high CMP) Total profit of 8 Points per lot in Nickel tips todayTIPS ID 271 : Mcx Nickel Free Tips - BUY Nickel at CMP 835 for Target Small at price 842 - 848 with SL below price 828AFTER POST CONTENT Read More
Nickel Trading Call – Mcx Nickel BUY Call 271 Advised at price 835 CMP 840.90. Low risk taker book 5.9 Points per lot. Moving Near to 1st TGTTIPS ID 271 : Mcx Nickel Free Tips - BUY Nickel at CMP 835 for Target Small at price 842 - 848 with SL below price 828AFTER POST CONTENT Read More
Free Zinc M Call – Zinc Mini Buy Hold Call 235 Given at 208.60 Achieved 1st Target 211 & 2nd Target 212.20 (Made 212.30 high) Total Profit of 3.6 Points per lotTIPS ID 235 : Tips for ZincMini - Buy Zinc Mini March Today at CMP 208.60 for Holding Target 211 - 212.20 with SL below price 206.90AFTER POST CONTENT Read More
Copper Trading – SELL Copper at CMP 429.40 Add more at price 431 with SL Above 433 for Target 425.50 – 423.60AFTER POST CONTENT Read More
Today Lead – Lead Mcx Buy call 27d given at price 153.10 Made 154.15 High. Achieved 1st Target 154.10. Total Profit of 1 Point x 2 lot = 2 PointsCALL ID 27d : Mcx Lead - BUY 2 lot Lead at CMP 153.10 for Target 154.10 - 154.60 with SL below price 152.0AFTER POST CONTENT Read More
Copper – Copper SELL Call 262 Given at price 427.4 (426.80+428) Triggered SL at price 429. Total 1.6 Points per lot SL hit in CopperTIPS ID 262 : Copper Tips Free Today - SELL Copper at CMP 426.80 Add more at price 428 with SL Above 429 for Target 424 - 422.50AFTER POST CONTENT Read More
Mcx Lead – BUY 2 lot Lead at CMP 153.10 for Target 154.10 – 154.60 with SL below price 152.0AFTER POST CONTENT Read More
Mcx Nickel Free Tips – BUY Nickel at CMP 835 for Target Small at price 842 – 848 with SL below price 828AFTER POST CONTENT Read More