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Steelmaking Raw Materials Trade Log, February 22, 2019

February 23, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More

Tech Talk for Friday February 22nd 2019

February 22, 2019 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade. The Canadian Dollar was up 0.07 to 75.70 cents U.S. following release of December Canadian Retail Sales. Consensus was a slip of 0.3% versus a drop of 0.9% in November. Actual was a slip of 0.1%.Royal Bank (RY $102.27) is expected to open higher after increasing its quarterly dividend. K...Read More

COKING COAL DAILY: Seaborne market quiet after a flurry of trades earlier in the week

February 23, 2019 / www.metalbulletin.com

The seaborne coking coal market was quiet on Friday February 22 following a flurry of transactions through the week that sent prices of premium hard coking coal up by more than 4% over the week.Fastmarkets' cfr China Premium Hard Coking Coal Index was unchanged from the previous day at $212.60 per tonne on Friday, but up 4.8% from Monday, while the fob Australia Premium Ha...Read More

LIVE FUTURES REPORT 22/02: Trade talk progress buoys LME base metals prices; Cu climbs 1.2% on 37kt fresh cancelation

February 23, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mostly higher during morning trading on Friday February 22, with three-month copper and nickel prices breaching nearby resistance levels, while trade sentiment around US-China trade talks continues to support commodity investments. Copper's three-month price continues to trade in an uptrend amid a decade-low in LME stocks, while traded volumes r...Read More

CHINA HRC: Prices up on higher offers ahead of the weekend

February 23, 2019 / www.metalbulletin.com

China's hot-rolled coil prices continued to rise on Friday February 22, boosted by sellers pushing for higher prices amid pre-weekend restocking.DomesticEastern China (Shanghai): 3,780-3,790 yuan ($563-564) per tonne, narrowing upward 20 yuan per tonneNorthern China (Tianjin): 3,720-3,730 yuan per tonne, up 30 yuan per tonneSellers enjoyed higher prices today, with buyers restocking as usual...Read More

SHFE vs LME physical arbitrage 22/02: Copper, aluminium, zinc, nickel

February 23, 2019 / www.metalbulletin.com

Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday February 22* Copper -$162.52 (-1,095.04 yuan) Aluminium -$340.73 (-2,295.78 yuan) Zinc -$99.84 (-672.67 yuan) Nickel -$295.69 (-1,992.3yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More

CHINA REBAR: Domestic prices keep rising on re-stocking demand

February 23, 2019 / www.metalbulletin.com

China's domestic rebar prices maintained their upward trend on Friday February 22 with stockists looking to replenish their inventories. Domestic Eastern China (Shanghai): 3,720-3,760 yuan ($554-560) per tonne, up 20 yuan per tonneNorthern China (Beijing): 3,730-3,750 yuan per tonne, up 30 yuan per tonneSome stockists were actively buying rebar to replenish inventories, wh...Read More

5 Ways to Make Money with Your Body (Legally)

February 22, 2019 / dailyreckoning.com

Could you use some extra cash? Donating body materials can be akin to a part-time job. And the pay is often better than driving for a ridesharing company or working as a retail clerk. We'll start with the easiest way to earn money with your body and work our way to the more complex.1. Hair - up to $1,500 ... or more!Buyers want healthy, attractive hair for wigs, extensions, and art projects. Hair...Read More

MINOR METALS MARKET REPORT 22/02: Tellurium down on thin demand; low offers from China affect indium

February 23, 2019 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

There are Billions to Be Claimed... Is Any of It Yours?

February 22, 2019 / dailyreckoning.com

State governments are sitting on boatloads of unclaimed dollars. Right now Florida alone is holding $1 billion, Washington ... $1.3 billion, Illinois ... $2.9 billion, California ... a whopping $9.3 billion, New York ... a jaw dropping $14 billion. And the billions keep pouring in. According to the National Association of Unclaimed Property Administrators (NAUPA), in FY 2015, $7.763 BILLION wa...Read More

FASTMARKETS NON-FERROUS PRICE CHANGES 22/02: Minor Metals

February 23, 2019 / www.metalbulletin.com

The following Fastmarkets minor metals prices changed on Friday February 22:Bismuth MB China domestic, yuan/tonne: 48,500-50,500 yuan per tonne from 49,000-51,000 yuanChromium MB free market alumino-thermic, $/tonne: $8,800-9,600 per tonne from $8,800-9,650Cobalt MB free market alloy grade, $/lb: $15.60-16.80 per lb from $15.90-17.35Cobalt MB free market standard grade,...Read More

CHINA MINOR METALS MARKET REPORT 22/02: Selenium price falls on dull demand

February 23, 2019 / www.metalbulletin.com

An overview of the Chinese minor metals markets and the reasons for any price moves.Read More

Cobalt grade differential narrows as consumers stand back

February 23, 2019 / www.metalbulletin.com

Standard-grade cobalt prices were forced closer in line with prices for alloy-grade material earlier this week after consumers resisted paying a premium for the former, despite its tighter availability. Fastmarkets assessed the standard-grade cobalt price at $16.05-18 per lb, in-warehouse Rotterdam, on Wednesday February 20, down by 6.2% from $17-19.30 per lb on February 15.The alloy-grade cobalt...Read More

EUROPE STAINLESS STEEL: Prices stable but market braced for sharp rises

February 23, 2019 / www.metalbulletin.com

Prices for long and flat stainless steel products in Europe were stable this week, but at least one producer has announced sharp increases for March and the rest of the market is expected to follow suit.Finland-based Outokumpu announced on its website on Thursday February 21 that alloy surcharges for grade-304 cold-rolled (CR) sheets for March will increase by ?,?123 ($139) per tonne to ?,?1,351 (...Read More

PRIZE MINING PROVIDES UPDATE ON REINSTATEMENT OF TRADING

February 22, 2019 / prizemining.com

Vancouver, British Columbia (February 22, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to provide a status update on the reinstatement of trading in the securities of Prize. The TSX Venture Exchange (the Exchange) issued a Bulletin on the afternoon of Thursday, February 21, 2019, following confirmation that the Company meets co...Read More

GLOBAL CHROME SNAPSHOT: UG2 index into China up 2.5% on mill restocking; high-carbon FeCr in Europe increases

February 23, 2019 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 22. Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 22.China  The domestic ferro-chrome spot price rose in response to higher raw material prices pushing up production costs. But Tisco steel mill announced their March tender...Read More

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 22/02:

February 23, 2019 / www.metalbulletin.com

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday February 22:Aluminium scrap Floated Frag: ?,?1,050-1,095 per tonne from...Read More

ATAC Resources Ltd. announces Private Placement

February 22, 2019 / www.atacresources.com

February 22, 2019 - Vancouver, B.C. - ATAC Resources Ltd. (TSX-V: ATC) (“ATAC” or the “Company”) announces a non-brokered private placement offering (the “Offering”) of up to $3,000,000. The Offering will consist of the sale of flow-through units at a price of $0.35 per flow-through unit. Each flow-through unit will consist of one flow-through common share and o...Read More

Asian ferrous scrap prices set to retreat, market participants say

February 23, 2019 / www.metalbulletin.com

Asian ferrous scrap demand softened this week, especially after Vietnamese buyers booked large quantities last week. Price falls in key bellwhether market Turkey alsoexacerbated bearish sentiment. Some Asian ferrous scrap market participants feel that prices have peaked and are getting ready to fall after this week."Prices have most likely peaked and should start coming off soon," a ferrous scrap...Read More

Commentary: Four traps in US mining law for the unwary Canadian miner

February 22, 2019 / www.northernminer.com

Acquiring unpatented mining claims on federal "public lands" in the United States is considerably different than acquiring tenures under the mining law in Canada or elsewhere in the world where a "registration" system is used to validate claim ownership.The U.S. law is based on the General Mining Law of 1872. Under that law, the right to locate is "self-initiated" (meaning no act of the federal go...Read More

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