About a year ago, metallurgical coal embarked on a long journey of great volatility and disruption. It emerged as the best performing commodity in 2016 after several years of declining prices. Prices have dropped and spiked several times since then and the volatility continued in 2017 with a cyclone disrupting the market and eventually also affecting the way the commodity is priced. Although therm...Read More
The past year, soaring metallurgical coal prices have greatly affected the costs involved in producing pig iron, a form of crude iron which is the product of the blast furnace. Metal Bulletin Research's Global Steel Cost Service details how coking coal and coke costs usually averaged around 35% of total pig iron production expenditure in 2014 and 2015 while iron ore stood for the majority of costs...Read More
About a year ago, metallurgical coal embarked on a long journey of great volatility and disruption. It emerged as the best performing commodity in 2016 after several years of declining prices. Prices have dropped and spiked several times since then and the volatility continued in 2017 with a cyclone disrupting the market and eventually also affecting the way the commodity is priced. Although therm...Read More
The past year, soaring metallurgical coal prices have greatly affected the costs involved in producing pig iron, a form of crude iron which is the product of the blast furnace. Metal Bulletin Research's Global Steel Cost Service details how coking coal and coke costs usually averaged around 35% of total pig iron production expenditure in 2014 and 2015 while iron ore stood for the majority of costs...Read More
About a year ago, metallurgical coal embarked on a long journey of great volatility and disruption. It emerged as the best performing commodity in 2016 after several years of declining prices. Prices have dropped and spiked several times since then and the volatility continued in 2017 with a cyclone disrupting the market and eventually also affecting the way the commodity is priced. Although therm...Read More
The past year, soaring metallurgical coal prices have greatly affected the costs involved in producing pig iron, a form of crude iron which is the product of the blast furnace. Metal Bulletin Research's Global Steel Cost Service details how coking coal and coke costs usually averaged around 35% of total pig iron production expenditure in 2014 and 2015 while iron ore stood for the majority of costs...Read More
Palisade Research November 24, 2017 Category: Research The world's zinc supply is diminishing. The machine that is China is once again rearing its insatiable head - the same machine that propelled resources to their all-time highs during the last supercycle. And now zinc warehouse stocks are already at 10-year lows.China accounts for nearly half of global zinc demand at 15 million tonnes - it is e...Read More
Palisade Research November 24, 2017 Category: Research The world's zinc supply is diminishing. The machine that is China is once again rearing its insatiable head - the same machine that propelled resources to their all-time highs during the last supercycle. And now zinc warehouse stocks are already at 10-year lows.China accounts for nearly half of global zinc demand at 15 million tonnes - it is e...Read More
Palisade Research November 2, 2017 Category: Research Uranium Superstar Goes All-In On Impending Nickel Crunch Mike Beck is surgical when it comes to investing.Utilizing a top-down approach, he first performs detailed analysis on a given commodity.If a supply crunch is imminent, he will hunt down the cheapest projects and acquire them. He believes that prices must reflect scarcity.In early 2005,...Read More
> Amid NAFTA talks, Mexico airs concerns over U.S. steel tariffs > Gold steadies after sell-off linked to hawkish Fed, strong dollar > Vale aims to cut nickel output costs as world glut looms > Mongolia's Oyu Tolgoi mine to lift force majeure > Zimbabwe has potential to meet 20 pct of global lithium demand > Brazilian agency fines Norsk Hydro unit in Para state > South Africa'...Read More
> U.S. crude oil production hit record high in November -EIA > OPEC February oil output falls as UAE over-delivers on cut - survey > China's domestic LNG plants reopen after shutdowns as heating crisis eases > Exxon quits Russian joint ventures, cites U.S. and EU sanctions > Noble Group plunges to $4.9 bln loss, in talks to wrap up debt deal > Amid NAFTA talks, Mexico airs concer...Read More
Palisade Research October 25, 2017 Category: Research What happens when you combine 60 of the industry's brightest minds with a picturesque hotel replete with historical consequence, and fuel the whole thing with booze? A networking extravaganza of epic proportions - welcome to the Inaugural Palisade Hard Asset Conference on Jekyll Island!The Jekyll Island Club served as a perfect setting- a small...Read More
Palisade Research October 25, 2017 Category: Research What happens when you combine 60 of the industry's brightest minds with a picturesque hotel replete with historical consequence, and fuel the whole thing with booze? A networking extravaganza of epic proportions - welcome to the Inaugural Palisade Hard Asset Conference on Jekyll Island!The Jekyll Island Club served as a perfect setting- a small...Read More
As reported by Metal Bulletin this week, the WSA presented their upwardly revised apparent demand growth forecasts for the world to a whopping 7% in 2017 thanks to a new, double-digit growth prediction for China, from merely zilch (0%) as predicted back in April.We have at Metal Bulletin Research (MBR) been pointing out since the first half of the year that any growth predicted under 5% for the ye...Read More
As reported by Metal Bulletin this week, the WSA presented their upwardly revised apparent demand growth forecasts for the world to a whopping 7% in 2017 thanks to a new, double-digit growth prediction for China, from merely zilch (0%) as predicted back in April.We have at Metal Bulletin Research (MBR) been pointing out since the first half of the year that any growth predicted under 5% for the ye...Read More
As reported by Metal Bulletin this week, the WSA presented their upwardly revised apparent demand growth forecasts for the world to a whopping 7% in 2017 thanks to a new, double-digit growth prediction for China, from merely zilch (0%) as predicted back in April.We have at Metal Bulletin Research (MBR) been pointing out since the first half of the year that any growth predicted under 5% for the ye...Read More
As reported by Metal Bulletin this week, the WSA presented their upwardly revised apparent demand growth forecasts for the world to a whopping 7% in 2017 thanks to a new, double-digit growth prediction for China, from merely zilch (0%) as predicted back in April.We have at Metal Bulletin Research (MBR) been pointing out since the first half of the year that any growth predicted under 5% for the ye...Read More
As reported by Metal Bulletin this week, the WSA presented their upwardly revised apparent demand growth forecasts for the world to a whopping 7% in 2017 thanks to a new, double-digit growth prediction for China, from merely zilch (0%) as predicted back in April.We have at Metal Bulletin Research (MBR) been pointing out since the first half of the year that any growth predicted under 5% for the ye...Read More
Not for the first time, almost any forecaster you ask will be busily upwardly revising their steel demand predictions for the Chinese market; again!After partially recovering last year against all expectations, most forecasters seemed to figure it was a "blip" and that the downturn since steel demand peaked in 2013 would resume its inevitable course. The structural argument about industrial identi...Read More
Not for the first time, almost any forecaster you ask will be busily upwardly revising their steel demand predictions for the Chinese market; again!After partially recovering last year against all expectations, most forecasters seemed to figure it was a "blip" and that the downturn since steel demand peaked in 2013 would resume its inevitable course. The structural argument about industrial identi...Read More