[ferro-alloys.com] Summary
Industrial commodities rallied and then some ran out of steam.
LME warehouses supply China's appetite for commodities.
Lots of metal in Korean warehouses.
North Korea’s nuclear ambitions make tensions rise.
Financing ...
[ferro-alloys.com] IT couldn’t be confidently claimed that Ivan Glasenberg, Glencore CEO, is given over to hyperbole. In fact, his group’s grassroots exposure to the markets through its trading division means it’s probably more tuned into the ebbs and flows...
[ferro-alloys.com] Social inventories of 5 categories of finished steel in China’s 20 major cities rose in September on a monthly basis, according to China Iron and Steel Association (CISA).
[ferro-alloys.com] The latest price of molybdenum concentrate, ammonium molybdate and molybdenum oxide remains stability as the market is still in a stalemate.
[ferro-alloys.com] China’s economic growth likely slipped in the third quarter but was still in far better shape than last year, a private survey showed on Wednesday, while adding that major risks are looming for 2018.
[ferro-alloys.com] Steel billet prices fell in China and other markets last week, and buyers are refraining from closing deals as they wait for a definitive direction.