HudBay 042219
HUDBAY MINERALS: ROSEMONT ADVANCES; COMMENTS FROM LALOR MINE VISIT; LOWER EARNINGS ESTIMATES AS COPPER SOFT; CONSTANCIA SLOW TO FINISH COMMUNITY DEALS 4/22/2019
HUDBAY MINERALS: ROSEMONT ADVANCES; COMMENTS FROM LALOR MINE VISIT; LOWER EARNINGS ESTIMATES AS COPPER SOFT; CONSTANCIA SLOW TO FINISH COMMUNITY DEALS 4/22/2019
ALLEGHENY TECHNOLOGIES EARNINGS ESTIMATES CUT AGAIN AS ATI CUT GUIDANCES FOR BOTH SEGMENTS FOR 2019 4/23/2019
FOREST PRODUCTS – – MARCH HOUSING STARTS CONTINUE DECLINES; WOOD PRICES MAKE SPRING LOWS INSTEAD OF PEAKS 4/26/2019
FREEPORT-McMORAN INC. LONE STAR DRILL INTERCEPTS EXCITING 4/25/2019
ALCOA SUFFERS FROM MARKET RECESSION FEARS FOR LME INGOT AND FALLING ALUMINA PRICES, BUT SOME DATA ARE VERY FAVORABLE 4/25/2019
SPOT MARKETS – – SCRAP STEEL PRICES FALL $20-$25/T IN APRIL; SCRAP PAPER DOWN; VEHICLE SALES FALL IN MANY REGIONS; METALS INVENTORIES FALL FAST NONETHELESS
COPPER INDUSTRY – – TEN COPPER PROJECTS ADVANCE AND ANOTHER DOZEN OR MORE IN PLANNING IN USA 4/12/2019
IRON ORE INDUSTRY – – PRICES RISE MORE AS LOST OUTPUT STEADY AT 141.8 MMT IN 1.8 BILLION TONNE EXPECTED WORLD STEEL OUTPUT 4/12/2019
ANGLOGOLD ASHANTI STABLE OUTLOOK; OBUASI RESTART IN GHANA COULD BE 10% MORE OUTPUT IN 2021; WE MODEL 1 OF 3 ASSET SALES 4/9/2019
ALLEGHENY TECHNOLOGIES HAS SEVERAL NEAR-TERM HEADWINDS 4/7/2019