Of particular interest this week:
World Steel production: Appears sluggish, at best, with sparse signs of growth.
Oil: 30th June – Iranian decisions.
Coking Coal: SSCC settlements for Sept Qtr are above LVPCI.
Copper China’s economic releases show cooling. Market looking for prospective stimuli from government.
Nickel Nine process plants may be completed this year.
Zinc & Lead IBG at Captain’s Flat. Silver, a potted history. The three countries with largest silver Reserves.
Tin Indonesia has effectively lost its pricing power (for tin).
Aluminium Underlying trend is (reported) for production acceleration.
Gold China planning a CNY-denominated gold price fix.
Platinum & Palladium Pt sector is on hard times. Cut-backs and asset sales are planned.
Oil Decisions re- Iran on 30 June, re its nuclear agreements.
Coal Outlook for coking coal looking toward China’s (Sept/Oct) peak steel consumption season.
Iron Ore China’s steel demand is reported to be in a process of slowing.
Shipping Chinese coking coal imports fell in May. China’s port iron ore inventories are down.
World Steel Production (May): Watch carefully for growth outside China.
USA – Orders to: Durable Goods, Vehicles, Computers & Electronics: mixed outcomes