stainless steel runs smoothly and nickel demand is still guaranteed

Stainless steel runs smoothly and nickel demand remains strong.

At the macro level, economic expectations are heating up, domestic economic conditions are improving, and market sentiment is optimistic.

In terms of industry, nickel ore supplies are tight and the price remains high. Ferronickel plants do not wish to ship goods at a loss, while stainless steel orders are good and prices remain stable

In general, the demand for nickel in the downstream industry is still guaranteed, and the Shanghai nickel market should not be pessimistic. The reference range of Shanghai Nickel 2102 contract is 115,000-123,000 yuan/ton, and the reference range of SS2102 contract is 1,3000-13600 yuan/ton.

In terms of operation, Shanghai nickel is long on dips, while stainless steel is on the sidelines.

Uncertainty risks: epidemic development, overseas economic stimulus policies, nickel resource imports, changes in stainless steel capacity utilization


Market review

Nickel prices dropped overall this week. Although the macro environment is generally positive, the continuous rise of the metal sector in the early stage has caused a phased correction in the sector, which has brought certain pressure on the nickel price. In addition, the industry is generally stable and there is no obvious good news for the time being. The transaction price of ferronickel is still at a low level, only nickel ore still has support.

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Analysis of price influence factors

1. Macro aspect

1.1. Overseas: Fiscal policy is expected to heat up, and the macro environment continues to warm up

Pfizer halved vaccine production in half a year, which once disturbed the market. OPEC’s production growth slowed down, and rising oil prices pushed up inflation expectations.

US President-elect Joe Biden nominated former Federal Reserve Chairman Janet Yellen as a candidate for finance minister, is conducive to the subsequent fiscal policies. The two parties in the United States jointly proposed a fiscal stimulus agreement, and the probability of fiscal stimulus increased during the year. U.S. manufacturing data has fallen, non-agricultural employment has been significantly lower than expected, the impact of the second outbreak of the epidemic is showing, and it

On the macro level, expectations of overseas fiscal stimulus heat up, the domestic economy continues to improve, and market sentiment tends to be optimistic. In terms of industry, the supply of nickel ore is tight and the prices remain high. Ferronickel plants are not willing to ship goods at a loss, and stainless steel orders are better and prices remain stable. In general, the demand for nickel in the downstream industry is still guaranteed, and the Shanghai nickel market should not be pessimistic. The reference range of Shanghai Nickel 2102 contract is 115,000-123,000 yuan/ton, and the reference range of SS2102 contract is 1,3000-13600 yuan/ton.

In terms of operation, Shanghai nickel is long on dips, while stainless steel is on the sidelines.

(Editor in charge: Chen Zhuang)

Invest in Exploration of High-grade silver in Nevada

High-grade silver in Nevada! Second wave with explosive price development expected! Benefit fully this time!

Newsflow after the recent discovery of exceptionally high grade “Bonanza silver” with up to 3,760 g / t silver! Share trades at a 68.2% discount at the year’s high!

Physical demand for silver products explodes 297 million ounces in the first nine months of this year!


There are many gold companies, but real silver stocks only a few: Our silver favourite is in the starting blocks – Eric Sprott as anchor investor!


First spectacular finds with “bonanza grades” of up to 3,760g / t silver


Expansion of the drilling program to at least 12,500 meters reported! The course fireworks from summer may repeat itself!

Dear readers,

The US elections are far from over, but the traditional markets have already decided to continue the rally until further notice! Smaller disruptions and price setbacks (like last week) are immediately used again for purchases! One would almost like to believe that it will always go on like this! Don’t let that fool you!

As in the past, the bear market starts when you least expect it! Prepare yourself and take some profits off the table at Amazon & Co. and invest them in tomorrow’s winning stocks!

Don’t run after high flyers – use corrections to get started!

Even if it is difficult, you have to equip your portfolio with the right stocks if it is still cheap! This is the only way to make big profits in the end! The catchphrase: Profit is in purchasing has never been more important than in these weeks and months.

Anyone who invested in gold, silver and, above all, mining stocks in February and March never fell asleep from laughing! Because month-long course fireworks followed with many 100% course gains! Unfortunately, many have missed this massive bull market or only got in at the very end! We have to learn from this!

In the last few weeks, precious metals and mines have finally come to the long-awaited correction and thus to new entry opportunities! Now you can go on a shopping spree again at affordable prices, which are often well below the annual high.

Because one thing is exact, the prospects for gold, silver and mining stocks have never been so good! It won’t be long before the mainstream runs into this sector again. If you see the current results of the big producers like Newmont Mining etc., then you know what’s coming!

The companies are earning themselves “stupid and stupid” and have to go on an acquisition tour. Also, many explorers are well-financed and have made some spectacular discoveries!
The next upswing is pending. With the right stocks

It is now! The second chance has come – take advantage of it!

Despite a little pause, the precious metals sector, and especially the small, narrow silver market, is in a sustainable bull market!

The demand for physical or exchange-traded silver products reached record levels this year. In the first nine months of this year alone, the global stocks of ETPs (Exchange Traded Products) rose by a staggering 297 million ounces of silver.

It is not a question of “if”, “when” until silver hits the all-time highs of January 1980 and April 2011 at USD 50!

That would be a performance of over 100%! But many times that you can earn with top silver stocks!

Summa Silver (Ticker Canada: SSVR, WKN: A2P4EE) has already proven this! And can do it again anytime!


With Summa Silver Corp. (Ticker Canada: SSVR, WKN: A2P4EE) you rely on a first-class silver company with a focus on Nevada.

Until the annual high reached, there will be quick 100-200% price gains – don’t miss the chance this time!

Chart Summa Silver_04


Brief review:

Summa Silver released sensational results from the first three drill holes on September 30th :

In the latest press release the company also reports on plans for a vital Phase II drilling program, which is to begin in the first quarter of 2021, as well as the highlights of the previous Phase I program:

Phase I Drill Program Expansion: The current program will be expanded to at least 12,500 meters to follow up on the first high-grade silver and gold results and the promising preliminary visual results observed in several drill holes.
Drill hole SUM20-06 with a sensational 3,760 grams of silver equivalent per ton over 2.5 meters.
Multiple Hole Evaluations Pending: The Company is awaiting assay results from 13 additional holes, all of which have been drilled but are pending results. High priority targets tested from both undefined extensions of known veins and other attractive zones where there has been little research in the past.
The current focus on step-out and exploration drilling:
Two core drills are still fully operational on the property.
The third rig mobilised on property: A reverse circulation drill rig is currently en route to the property and will be pilot drilling for at least 12 additional core holes.
New Phase II drill program planned: A major Phase II drill program scheduled for early 2021.
Hughes Property Drilling NR 14