CHINA HRC: Overseas buyers warming up to higher prices

Overseas buyers have become more willing to pay for Chinese hot-rolled coil, although China's domestic market experienced some weakness on Thursday January 9.

Domestic
Eastern China (Shanghai): 3,880-3,920 yuan ($559-564) per tonne, unchanged
Northern China (Tangshan): 3,620-3,630 yuan per tonne, widened downward by 10 yuan per tonne
Transactions in Shanghai were largely concluded at 3,900-3,920 yuan per tonne, while some smaller-gauge products fetched lower prices because of rising supply.

These smaller-gauge products fetched higher prices previously, which resulted in more orders being placed for them. But the increased demand had in turn led to mills producing more of such...

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