Base metal stocks Articles

Base Metals Investing - Prices, Mining Stocks and News

Jun 02, 2020 / Staff reporter

Top Gainers$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('click'); });ExchangeSymbolChartCurPricechg | %Crater GoldASXCGNAUD0.010.0022.22Hudson ResourcesTSX-VHUDCAD0.110.0215.79Jinchuan Group InternationalHKEX2362HKD0.560.0612.00Avino Silver & Gold MinesTSXASMCAD0.960.0910.35Excellon ResourcesTSXEXNCAD0.800.079.59Top Decliners$(document).ready(function() { $('.Chan...Read More

Base Metals Mining Companies Listed in All Countries

2020-06-02 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)Read More

IN CASE YOU MISSED IT: 5 key stories from June 1

June 02, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday June 1 that are worth another look.Mining company Rio Tinto has apologized for destroying one of Australia's oldest Aboriginal heritage sites in order to expand an iron ore project and said that it was urgently reviewing plans at other sites in the Juukan Gorge area.Aluminium producer Norsk Hydro and battery cell maker Northvolt hav...Read More

PRICING NOTICE: Proposal to extend the delivery window for the spot aluminium P1020A cif Japan premium

June 02, 2020 / Staff reporter

Fastmarkets is proposing to extend the delivery window for its aluminium P1020A (MJP) spot premium, cif Japan. The current methodology reflects cargoes sold on a cif basis for delivery to the main Japanese ports of Yokohama, Nagoya and Osaka within four weeks from the date of the transaction. Fastmarkets invites comment from market participants to determine whether extending the delivery window to...Read More

LIVE FUTURES REPORT 01/06: LME copper price nears $5,500; US construction spending lends support

June 02, 2020 / Staff reporter

The three-month copper price on the London Metal Exchange was higher at the close of trading on Monday June 1, needing only a further slight push to rise above $5,500 per tonne - a level it has not breached since March 11 - while a smaller-than-expected fall in US monthly construction spending also supported the base-metals complex.Copper's underlying price on the LME closed at $5,484 per tonne on...Read More

IN CASE YOU MISSED IT: 5 key stories from June 1

June 02, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday June 1 that are worth another look.Mining company Rio Tinto has apologized for destroying one of Australia's oldest Aboriginal heritage sites in order to expand an iron ore project and said that it was urgently reviewing plans at other sites in the Juukan Gorge area.Aluminium producer Norsk Hydro and battery cell maker Northvolt hav...Read More

UG2 chrome ore price extends gains; Chinese ferro-chrome markets stay firm

June 02, 2020 / Staff reporter

The UG2 chrome ore market rose for yet another week on Friday May 29, supported by Chinese buyers' attempts to restock, and ferro-chrome prices stabilized in firm market conditions. Fastmarkets' chrome ore South Africa UG2 concentrates index basis 42%, cif China climbed up for a fourth week in a row to $169 per tonne on Friday, up by $5 per tonne or 3% from $164 per tonne a week earlier. The...Read More

Price spreads widen in European ferro-chrome markets

June 02, 2020 / Staff reporter

Prices in the European high-carbon and low-carbon ferro-markets increased in in the week ended Friday May 29.In high-carbon trading, industry sources reported deals agreed for more than 1,000 tonnes of alloy that raised the upper end of the price assessment. And deals for about 350 tonnes of more refined-grade material were reported, which had the same effect on the price range in that market.In a...Read More

IN CASE YOU MISSED IT: 5 key stories from June 1

June 02, 2020 / Staff reporter

Here are five Fastmarkets stories you might have missed on Monday June 1 that are worth another look.Mining company Rio Tinto has apologized for destroying one of Australia's oldest Aboriginal heritage sites in order to expand an iron ore project and said that it was urgently reviewing plans at other sites in the Juukan Gorge area.Aluminium producer Norsk Hydro and battery cell maker Northvolt hav...Read More

Outright cobalt hydroxide index edges up in May; payables may lose strength to rise further

June 02, 2020 / Staff reporter

Outright spot cobalt hydroxide prices picked up in May with buyers seeking nearby units to fill gaps created by delayed shipments out of South Africa, and paying a premium to do so.Fastmarkets' cobalt hydroxide index, min 30% Co, cif China was calculated at $10.32 per lb on Friday May 29, up by 3.41% from the calculation at the end of April.The monthly index takes account of the month's spot cobal...Read More

TURKEY FERROUS SCRAP: Costlier imports push up local ship scrap prices

June 02, 2020 / Staff reporter

Turkish domestic ship scrap prices rose over the past week, in line with stronger imported scrap values, market sources said on Monday June 1.The Turkish steel producers resumed their deep-sea scrap purchases at higher prices after the Eid al-Fitr break, which marks the end of Ramadan.Following the upturn in import values, three steel mills raised their...Read More

DAILY SCRAP REPORT: Easing Covid-19 restrictions raise demand

June 02, 2020 / Staff reporter

Turkish steel producers have continued their deep-sea scrap purchases on further easing of the restrictions imposed to combat the Covid-19 pandemic in the country, sources said on Monday June 1.A steel mill in the Iskenderun region booked a Canadian cargo, comprising 10,000 tonnes of shredded, 15,000 tonnes of plate and structural scrap (P&S) and 25,000 tonnes of HMS 1&2 (90:10) at an average pric...Read More

Norsk Hydro, Northvolt enter battery recycling JV

June 02, 2020 / Staff reporter

Aluminium producer Norsk Hydro and battery cell maker Northvolt have formed a joint venture to harness recycling synergies between their two industries, Northvolt said. The Hydro Volt venture aims to leverage the Norwegian market for electric vehicles to secure a sustainable feed of battery materials. Northvolt, based in the Swedish city of Stockholm, said the joint recycling hub is slated to star...Read More

Outright cobalt hydroxide index edges up in May; payables may lose strength to rise further

June 02, 2020 / Staff reporter

Outright spot cobalt hydroxide prices picked up in May with buyers seeking nearby units to fill gaps created by delayed shipments out of South Africa, and paying a premium to do so.Fastmarkets' cobalt hydroxide index, min 30% Co, cif China was calculated at $10.32 per lb on Friday May 29, up by 3.41% from the calculation at the end of April.The monthly index takes account of the month's spot cobal...Read More

EC presents WTO with plans to toughen safeguard measures, particularly for HRC

June 02, 2020 / Staff reporter

The European Commission (EC) plans to replace general annual quotas for hot-rolled coil with quarterly country-specific quotas and introduce some other strict measures to existing safeguard restrictions against imported steel, Fastmarkets understands.The EC sent a notice listing the changes to the World Trade Organization on May 29. The EC initiated a second review of the existing safeguard measur...Read More

EUROPE HRC: Domestic prices still under pressure from poor demand

June 02, 2020 / Staff reporter

Northern European hot-rolled coil producers still face poor demand for flat steel, sources told Fastmarkets on Monday June 1.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at 402.50 ($446.83) per tonne on Monday June 1, up by 1.79 per tonne from 400.71 per tonne on May 29.Monday's index was calculated based on the latest deals, "workable" prices heard...Read More

EUROPE HRC WRAP: Domestic prices continue to fall on poor demand

June 02, 2020 / Staff reporter

Domestic prices for steel hot-rolled coil in Northern Europe decreased further during the week to Friday May 29, due to low demand.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was 400.71 ($444.84) per tonne on Friday, down by 6.79 per tonne week on week and by 25.54 per tonne month on month.Friday's index was calculated based on deals and "workable" prices heard a...Read More

US finds Mexico rebar circumvents duties

June 02, 2020 / Staff reporter

The United States Department of Commerce has announced an affirmative circumvention ruling against imports of steel concrete reinforcing bar (rebar) from Mexico.Commerce issued an affirmative preliminary circumvention ruling against Mexican rebar on March 4.Commerce said imports of straight rebar that is bent at one or both ends and produced and/or exported to the US by Deacero SAPI de CV circumve...Read More

US domestic, import MBQ steel prices flat; outlook improves

June 02, 2020 / Staff reporter

Prices for domestic and imported merchant bar quality (MBQ) steel in the United States remained flat in May amid stirrings of activity and an improving outlook.Fastmarkets' monthly price assessment for steel bar 2 x 2 x  -inch angle merchant products, fob mill US was unchanged at $33.80 per hundredweight ($676 per short ton) on Friday May 29 after declining to that level on April 24; the pric...Read More

RUSSIA REBAR: Prices drop in slow market for construction

June 02, 2020 / Staff reporter

Prices for steel rebar in Russia's Central Federal District around Moscow declined over the past week due to slow demand, sources told Fastmarkets on Monday June 1. Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% VAT was at 31,500-32,000 roubles ($449-456) per tonne on Monday, down from 32,000-33,000 last Tuesday. Activity in...Read More