Coal and Steel

Oil helped Wall Street to another rally last night as traders positioned ahead of tonight’s Fed meeting. Dow up 140. (Accessible only for subscribers before 10:15 AEST)

Miner strategies; coking coal’s future; manganese surplus; Goldman Sachs more constructive on Oz steel; strong growth likely in aluminium scrap.

A sudden jump in US bond yields overnight may be indicative of Fed expectations. Dow up 228. (Accessible only for subscribers before 10:15 AEST)

Wall Street posted its lowest level of intraday volatility in almost a month last night, ahead of Thursday night’s big event. Dow down 62. (Accessible only for subscribers before 10:15 AEST)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Wall Street appears to now be consolidating ahead of next week’s Fed meeting. Dow up 76. (Accessible only for subscribers before 10:15 AEST)

Sims Metal continues to revamp its business. The stumbling blocks remain a weak global steel market and profitability issues in the central regions of the US, although capitla management is possible.

The Dow turned a 200 point opening gain into a 239 point loss by the close as Wall Street decided the rebound has run its course for now. (Accessible only for subscribers before 10:15 AEST)

Wall Street has returned to the point from which it tumbled two weeks ago, thanks to a little help from China speculation. Dow up 390. (Accessible only for subscribers before 10:15 AEST)

Picking well funded explorers; oil price strain apparent; reviewing iron ore break-even prices; zinc deficit continues; gold doldrums.