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US Midwest Busheling Feb '23 (THG23)
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News & Headlines for [[ item.sessionDateDisplayLong ]]
DRI and Indian Coast Guard’s Joint Operation Foils Gold Smuggling Attempt

The boat used for smuggling was also seized.

GCQ23 : 1,995.1 (-0.02%)
GRQ23 : 1,995.1 (-0.02%)
B.C. Court Approves Sale of Red Lake Mine

Now, West Red Lake Gold Mines says the transaction is expected to close on June 28, 2023.

AISI Releases Annual Statistical Report for 2022

The AISI ASR report is the most comprehensive reference of its kind, providing extensive coverage of the American steel industry and selected statistical data on the Canadian, Mexican and world steel industries....

HVM23 : 945.00 (+1.07%)
THN23 : 485.00s (+2.11%)
C-M24 : 380.00s (+1.88%)
V7V23 : 538.00s (-1.65%)
V5M23 : 1,032.00s (unch)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
Novelis to Supply Aluminum Beverage Can Sheet to Coca-Cola

The supply will be made from various plants including the Bay Minette, Alabama plant, which is expected to start commissioning in 2025.

ALQ23 : 2,313.50 (+0.64%)
Q8Z23 : 2,319.50s (+1.38%)
R8M23 : 1,960.50s (-0.03%)
ALPAUSY15.CM : 0.6939 (unch)
ALPAUSY51.CM : 0.4211 (-0.21%)
Nucor Signed Carbon Capture and Storage Agreement with ExxonMobil

The project is expected to kick start in 2026 and will help Louisiana achieve its net-zero carbon emissions goal by 2050.

HVM23 : 945.00 (+1.07%)
THN23 : 485.00s (+2.11%)
C-M24 : 380.00s (+1.88%)
V7V23 : 538.00s (-1.65%)
V5M23 : 1,032.00s (unch)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
1st June, 2023: North American Scrap Metal Prices Surged on Index

309 SS and 310 SS prices increased by $0.02 per Lb and $0.03 per Lb respectively on a daily basis.

1st June, 2023: Scrap Gold Prices Surged, Platinum Declined, Silver Unchanged

In the Hallmarked category, the 14 carat gold scrap prices were up by $ 6.78 per Oz.

Asian Countries Posted Mixed Trend in Scrap Metal Trade

Also, the country’s aluminum scrap imports totalled around 129,000 tons in April, down by 12.5% from the previous month.

Glencore to Invest in Peru Copper Mine Expansion Project

It must be noted that the expansion project has been delayed on account of social unrest in the region

31st May, 2023-North American Copper Scrap Prices Dipped on Index

Copper Transformer Scrap remained unchanged.

Barchart Exclusives

S&P Futures Climb Ahead of Key U.S. Payrolls Data, U.S. Congress Passes Debt Bill
June S&P 500 futures (ESM23) are trending up +0.45% this morning as the passage of a U.S. debt ceiling bill in Washington boosted market sentiment, while investors looked ahead to a crucial U.S. nonfarm payrolls report that might clarify the Federal Reserve’s policy path. Read more

Barchart Metals News

Dollar Falls on Lower Bond Yields and Strength in Stocks
The dollar index (DXY00 ) on Thursday fell -0.74% and posted a 1-week low. A decline in T-note yields Thursday undercut the dollar. The dollar also came under pressure after the May ISM manufacturing index contracted more than expected, which was dovish for Fed policy. In addition, the action by... Read more
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