Crude oil prices traded weaker Wednesday, which was a negative outside market factor for metals today.
FORBES: Comex Gold Rebounds On Bargain Hunting, Short Covering
Epstein is a veteran of the markets and has followed the historical tendencies for metals.
In that era Japan's appetite for metals funded Vale's big investments in rail and sea transport.
In March he launched Metique, in partnership with Commerce One, as a procurement portal for metals producers.
Orders dropped for metals such as steel and aluminum, metal parts, electrical equipment and appliances, and defense aircraft.
In the mining industry, even though commodity prices for metals and coal have declined compared to their year-ago levels.
FORBES: Caterpillar's Shares Look Cheap On Recovery Prospects
Rather, that the specific part of it which is militias mining for metals is a small part of it.
Meanwhile, the bank says it looks for transportation demand for metals in China to slow but nevertheless still grow.
Crude oil prices are trading steady to weaker Wednesday morning, which is also a negative outside market factor for metals today.
FORBES: Comex Gold Slightly Lower Amid Firmer U.S. Dollar Index, Weaker Crude Oil Prices
Crude oil prices are trading slightly higher Wednesday morning, which is also a slight positive outside market factor for metals today.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Trades Near Steady As EU Developments Awaited
Any monetary easing presumably would boost industrial demand for metals, Melek said.
FORBES: Chinese Data Sends Some Base, Precious Metals To Highest Levels In More Than A Month
Adding to the concern are similar drops in prices for metals such as palladium and rhodium that often mined along with platinum.
FORBES: Analysts: Too Soon For Platinum Tumble To Hurt Output, But 'Something...To Keep An Eye On'
Despite the current gains in gross long positions, Commerzbank said prices for metals could be under pressure as investors practice risk aversion.
FORBES: Speculators Increase Bullish Gold, Silver Positions, Cut PGMs -- CFTC Data
For metals such as hafnium and indium, recycling is the only way to extend the lifetime of critical sectors of the electronics industry.
FORBES: Recycling Scrap Rare Metals Vital to Future Technologies
The outlook for metals will continue to be based on the global economic uncertainty, said Patricia Cauley, director, metals products at CME Group.
FORBES: 'QE3' Would Be The 'Most Bullish Factor' For Commodities -- Panel
They test a patient's urine for metals, give a chelating agent, then test the urine again to see if it has more metal.
We also went berserk for metals and mining stocks this year.
Sharp declines in commodity prices and demand for metals have led Kazakhstan's big mining companies to cut production and send thousands of workers on leave at half-pay.
ECONOMIST: Central Asia and the financial crisis: After the boom | The
"It is only the surface that has been scraped for metals around the world, " said Magnus Ericsson, a senior partner at Raw Materials Group, a Solna, Sweden-based consultancy.
Ira Epstein, director of the Ira Epstein division of The Linn Group, said in the near-term he believes the negative seasonal tendency for metals to slip will take over.
Although prices for precious metals outside of platinum rose slightly in the week ended Oct. 30, prices for the metals skidded Friday in the aftermath of a stronger-than-expected U.S. October payrolls data.
FORBES: FOCUS: Speculators Continue To Cut Metals Positions Across The Board -- CFTC
In a report for Rio Tinto and the Australian National University, Ross Garnaut and Ligang Song, two economists, argue that by 2020 China's demand for metals may increase by the equivalent of the industrial world's annual total demand now.
The move is bearish for base metals since it does not do enough to stimulate economic demand which is necessary for those industrial metals.
FORBES: FOCUS: Fed's 'Twist' Program Likely To Have Little Long Term Impact On Markets
Such is theoretically bearish for the precious metals markets if one reckons that all the past monetary stimulus measures have been bullish for the metals.
There is no de minimis exemption for these metals if they are necessary for the functionality or production of the product, so even trace amounts count.
FORBES: Conflict Minerals Rule Imposes Big Burdens On Manufacturers
The main industrial use for the metals is catalytic-converter systems for motor vehicles.
FORBES: PGMs Continue Ascent On South African Labor Issues; Further Gains Seen In Months Ahead
The data from the National Bureau of Statistics showed that demand for refined metals, steel and other materials used for building remains subdued.
BBC: China manufacturing activity shrinks again in September
Friday will be an extra important trading day for the precious metals and for most other markets, heading into an uncertain weekend with traders and investors wondering what to expect on the EU front come next Monday.
应用推荐