Export prices for Chinese cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) were little changed in the week to Tuesday March 26 amid limited trading activity ahead of a reduction in China's value-added tax (VAT) next month. Both CRC and HDG export prices had increased for the past six consecutive weeks up to March 19. China will reduce its VAT to 13% on April 1 from the current 16% for t...Read More
Exporters of Chinese hot-rolled coil lowered their prices slightly on Tuesday March 26 on sparse trading, while those in China's domestic market were remained largely steady amid slowing downstream demand.DomesticEastern China (Shanghai): 3,850-3,870 yuan ($573-576) per tonne, unchangedNorthern China (Tianjin): 3,800-3,810 yuan per tonne, narrowing downward 10 yuan per tonneWhile prices have been...Read More
China's domestic rebar prices resumed their downward trend on Tuesday March 26 after holding steady for a day, with bearish sentiment brought about by the upcoming decrease of value-added tax in the country weighing on the market. Domestic Eastern China (Shanghai): 3,800-3,850 yuan ($566-573) per tonne, down 30-40 yuan per tonneNorthern China (Beijing): 3,820-3,860 yuan per tonne, down 10-20 yuan...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: hot-rolled coilHot-rolled coilEast China, domestic,...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. ...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe analysis, published in the Journal of Cleaner Production 220 (2019), found 75% of deposits faced environmental, social or governance challenges that could impede their development.Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsCodelco stated SNC-Lavalin failed to meet its commitments under a $260 million contract including quality issues and delays in subcontractor payments and project execution.The news follows earlier profit warnings issued by the Montreal-based company related to aa engineering, procurement and...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsAs the company has previously reported, outbound copper concentrate transport is being interrupted by a community blockade 136km from the mine.The blockade is related to a compensation claim for the a pre-existing easement on the Yavi Yavi farmland transferred to the Fuerabamba community as p...Read More
Sentiment soured – hiccup or turning point? There has been a feel-good factor pervading the base metals so far this year due to US-China trade optimism and Fed dovishness. But after poor economic data again last week, sentiment began to sour. This may prove transitory, however, as the fundamentals of the base metals generally remain tight, and demand should pick up to help highlight this in Q...Read More
Prices back under broad-based pressure on...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
Aluminium The initial buying pressure seen in the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the...Read More
Global growth concerns surge Weaker-than-expected manufacturing...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus dow...Read More
Prices now back in consolidation...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
Share this articleA 76-kg gold-rich specimen from the Beta Hunt mine in Western Australia. Source: RNC Minerals.RNC Minerals [RNX-TSX; RNKLF-OTCQX], aka Royal Nickel Corp., shares were active Tuesday March 26 after the company announced a $12 million bought deal financing, and a purchase option on a gold processing facility in Australia.RNC said the potential purchase of the Higginsville mill an...Read More
Fresh Ambatovy woes another reminder of HPAL frailties As the LME nickel price slipped below $13,000 per tonne last week in line with the risk-off sentiment that returned to the complex, this market is finding support from its own fundamentals in the form of still-falling stocks and fresh supply disruptions. On the latter point, we heard of a further 9% downward revision to Ambatovy’s annual...Read More
Vale's output of metallurgical coal dropped by 11.40% year-on-year in 2018, after bad weather affected its operations in Mozambique early last year, the company said on Tuesday March 26.Production totaled 6.16 million tonnes last year, compared with 6.95 million tonnes in 2017, it added.Coal output was affected by heavy rainfall during the first quarter of 2018, as well as other bottlenecks in com...Read More
Impressive tin price resilience While most...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issu...Read More
SHFE stock outflows may signal start...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as s...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Iron ore fines production from Brazilian miner Vale increased during 2018 but just fell short of the earlier guidance of 390 million tonnes, according to a production report published by the company on Tuesday March 26.Vale's iron ore output in 2018 was 384.6 million tonnes, 4.95% above the 366.5 million tonnes of 2017. In October last year, the company had confirmed its annual production guidance...Read More