Good morning from Fastmarkets MB's offices in Asia, bringing the latest news and pricing stories on Friday November 2. Base metals prices on the Shanghai Futures Exchange were largely supported by positive sentiment during Asian morning trading, after the Chinese authorities pledged preemptive and prompt actions on...Read More
Ferrous scrap prices in most parts of the world were firm in the week ending on Friday November 2, with healthy demand in the key import market of Turkey supporting global prices.But prices in Asia weakened because steel mills in Vietnam and Taiwan held back from purchasing ferrous scrap due to fierce price competition in the downstream billet and long steel markets.Turkey importsTurkish steel mil...Read More
Prices for light iron scrap in the United Kingdom moved up by ?5 per tonne this week, due to material tightness and an increase in Turkish scrap prices, sources told Fastmarkets MB on Friday November 2.Fastmarkets' weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant basis moved up by ?5 per tonne to ?90-120 ($116-155) per tonne on Friday November 2, from ?85-115 per tonn...Read More
The price of shredded ferrous scrap imported into India was stable this week, with traders waiting until after the Diwali religious festival to resume transactions, sources told Fastmarkets on Friday November 2.Fastmarkets' weekly index for containerized imports of shredded scrap into India was $355.52 per tonne cfr Nhava Sheva on November 2, down only slightly from $355.67 per tonne cfr Nhava She...Read More
Turkish steel mills resumed their deep-sea scrap purchases on Friday November 2 after a short break, with prices remaining firm.A Baltic Sea supplier was offering 30,000-35,000 tonnes of HMS 1&2 (95:5) at $345 per tonne on November 1; a steel mill in the Iskenderun region booked the cargo at $342 per tonne...Read More
China's iron ore futures fell further on Friday November 2, dragging down prices and the amount of physical trading activity.MB 62% Fe Iron Ore Index: $73.97 per tonne cfr Qingdao, down by $1.28 per tonne.MB 62% Fe Pilbara Blend Fines Index: $73 per tonne cfr Qingdao, down by $1.28 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $76.96 per tonne cfr Qingdao, down by $1.20 per tonne.MB 58% Fe Premi...Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Metal Bulletin prices Click here for Fastmarkets MB's price assessment for low-grade cobalt, in-warehouse, $ per lb Click here for...Read More
The following Fastmarkets minor metals prices changed on Friday November 2:Minor metalsBismuth MB China domestic, yuan/tonne: 48,000-51,000 yuan per tonne from 49,000-51,500 yuanChromium MB free market alumino-thermic, $/tonne: $10,800-11,500 per tonne from $10,700-11,500Cobalt Sulfate,...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
European transaction prices for grade-304 cold-rolled (CR) stainless steel sheets decreased further this week with competition between European and Asian material continuing.Fastmarkets' weekly price assessment for the material fell to ?,?2,180-2,240 ($2,480-2,549) per tonne delivered on Friday November 2, down by $20-60 per tonne.https://www.metalbulletin.com/My-price-book.html?price=43619Meanwhi...Read More
Key data from the Tuesday October 30 pricing session in Shanghai. Key drivers - Battery demand weakened slightly in the Chinese market over October, and it sent ripples into battery raw materials, including nickel briquette. - Both duty-free and duty-paid nickel briquette is abundant in the Chinese domestic market. - Nickel briquette has also been affected by weak demand from the stainless steel s...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday November 2:Aluminium scrapFloated Frag: ?,?990-1,050 per tonne from ?,?1,000-1,050Aluminium ingotDuty paid...Read More
Ferrous scrap prices in Asia continued to trend downward this week amid intense competition in the downstream billet and long steel markets."The low prices in those markets are resulting in weaker price ideas for ferrous scrap in Asia," a Japanese trader told Fastmarkets MB on Friday November 2.The bearish sentiment is expected to persist for the short term and drive down ferrous scrap import pric...Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & Commentmusic https://youtu.be/pksGmraauuQRead More
Hedge fund managers sit at the top of the financial world's food chain. They're generally seen as the smartest money managers, and their companies have the most flexibility to pursue new opportunities. The result is supposed to be the best possible returns - for clients who can afford the high fees.But lately things haven't worked out that way. Hedge fund managers appear baffled by the behavior of...Read More
Bob Moriarty ArchivesNov 3, 2018With the exception of a short burst higher in January of 2018, Aurania Resources has pretty much been bound in a trading range from about $2 to about $3 for the last year. I used to believe that to make money in resources, you wanted to buy a good company and hold on to it forever. Eric Sprott had the same theory. Between 2011 and 2015 his fund dropped 93%. That&rsq...Read More
Hedge fund managers sit at the top of the financial world's food chain. They're generally seen as the smartest money managers, and their companies have the most flexibility to pursue new opportunities. The result is supposed to be the best possible returns - for clients who can afford the high fees.But lately things haven't worked out that way. Hedge fund managers appear baffled by the behavior of...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More