Of particular interest this week:
– Global Steel output slowed for July.
– Zinc – Chinese exports
– Tin – The deficit is in doubt.
– Oil – IEA’s demand forecast change.
– Iron Ore – China is soaking up iron ore.
Copper – MTH reported high Cu-Ni-PGE results from Nanadie Well.
Nickel – Nickel West – for sale.
Zinc & Lead – Chinese Zn exports surging. Expect TC/RC’s to increase. Doe Run selling La Oroya.
Tin – Revised export / Import data for Indonesia & China. Defer the deficit.
Aluminium – Chinese bauxite imports for July.
Gold – Prices up down on softer Chinese data, but up Friday on Ukraine and USA news.
Platinum & Palladium – Sales of USA’s platinum coins collapsed on lack of interest.
Oil – IEA reduced forecast for crude oil demand.
Coal – Lack of interest in Sept Qtr negotiations for HCC. China to ban movement of low-quality thermal.
Iron Ore – CISA forecasts China’s 2014 steel output at 830 Mt, implying a stronger Dec HY.
Shipping – Outlook for shipping up on forecast growth of iron ore and coal shipments.
Global Steel output. ó slower.
USA Housing Starts. ó improved.
Japan Electricity Demand: ó (seasonally) lower.