METALS EXPANSIONS- – VOLUME 46 WE TABULATE 18 NEW METALS PLANTS AND 4 SHUT OR DELAYED IN MARCH 2019; EXPANSIONS MOSTLY ARE STEEL & AL, AND OUTAGES IRON ORE AND COPPER 3/31/2019

VALE FOURTH-QUARTER REPORTS FILED ALMOST 2 MONTHS LATE; PEAK OUTAGES AT 120.8 MMT WITH SAMARCO; FORECASTS 320 MMT SALES 3/31/2019

GOLD INDUSTRY – – JEWELRY MARKET FAILS TO GROW, MAKING PRICES HINGE ON BUILLON ETFS, CENTRAL BANKS AND PRIVATE BARS/COINS 3/8/2019

IRON ORE INDUSTRY – – VALE AND SAMARCO NOW IDLE 110 MMT LARGE RELATIVE TO 1.8 BILLION TONNE EXPECTED WORLD STEEL OUTPUT 3/20/2019