As utilities continue to consider tenders for term supply contracts, the spot market has slowed ahead of pricing indicators being revealed.
Miner strategies; coking coal’s future; manganese surplus; Goldman Sachs more constructive on Oz steel; strong growth likely in aluminium scrap.
Despite its economic slowdown, China is speeding up nuclear energy development.
Picking well funded explorers; oil price strain apparent; reviewing iron ore break-even prices; zinc deficit continues; gold doldrums.
To reflect current market conditions, TradeTech last week increased its spot and mid-term weekly price indicators while reducing its long-term indicator.
The spot uranium price continues to tick higher as a reflection of an increasing number of utilities seeking term supply contracts.
GavekalDragonomics’ Anatole Kaletsky explains why cheap oil is the best contrarian indicator around.
There are early signs the traditional summer slowdown in the uranium market may be coming to an end.
Last week Japan restarted the first of its idled nuclear reactors.
Subdued outlook for alumina and nickel prices; China’s devaluation and the impact on iron ore; likely messages from oil & gas earnings reports.