Brazilian steel use down 2.1% in November, A??o Brasil says

Brazilian apparent steel consumption dropped by 2.1% year on year in November, as an increase in long-steel demand was not enough to offset a quick decline reported for flat-rolled products, national steelmakers' association Instituto A??o Brasil said on Thursday December 19.

Steel consumption totaled 1.72 million tonnes during November, down from 1.76 million tonnes a year before.
Flat-steel use was 1.01 million tonnes, an 8.4% year-on-year decrease from 1.1 million tonnes in November 2018, while long-steel demand reached 713,000 tonnes, rising by 8.5% from 657,000 tonnes in the same comparison.

Long-steel demand has been recovering since late in the third quarter, according...

Gold stocks mixed after previous week's huge gains

Large TSXV gold multiple driven up by high Artemis weighting

Monetary-driven precious metals outperform major base metals

Gold stocks hit by plunging equities markets

Gold stocks down as metal and equities momentum fades