TSX-listed Tsodilo Resources has submitted a renewal application for prospecting licence 369/2014 to the Botswana Department of Mines (DoM) within the Ministry of Mineral Resources, Green Technology and Energy Security.The renewal application is for a two-year period and the area includes the company’s BK16 kimberlite project.AdvertisementThe centrepiece of the renewal application is the Pha...Read More
Sales of semi-finished steel products at Russia's largest steelmaker, Novolipetsk Steel (NLMK), dropped by 8% year on year in the second quarter of 2019 to 1.52 million tonnes, the company said this week.Slab sales totaled 1.51 million tonnes in the April-June period, down by 14% compared with the second quarter of 2018.Of this figure 577,000 tonnes were sold to third parties, down by 8,7% ye...Read More
Export prices for China-origin cold-rolled coil were stable during the week ended Tuesday July 16 despite sluggish demand in the export markets because of environmental restrictions imposed on blast furnace production in the East Asian country, market sources said.The continued supply tightness in the iron ore market was also expected to provide additional support to steel prices, a trader in Tian...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company said in February challenging ground conditions required some "potentially significant" changes to the design and schedule of the $5.3 billion development.Read More
Brazilian miner Vale expected its second-quarter results to be affected by adjustments in provisions it made for compensation payments related to the disaster at a tailings dam in Brumadinho, in the country's southeastern Minas Gerais state.The adjustments will include a deposit of 400 million Reais ($107 million) in compensation for collective moral damages to be made on August 6.The company repo...Read More
Turkish steel producers remained quiet in the deep-sea scrap markets, awaiting some signs of recovery in the finished steel sector, sources said on Tuesday July 16.The last verified scrap deal was on July 9 when a steel mill in the Iskenderun region booked a UK cargo at $288 per tonne cfr for HMS 1&2 (80:20).Since then, Turkish steel mills have stayed away from the deep-sea markets...Read More
Anglo-Australian miner Rio Tinto shipped 85.4 million tonnes of iron ore in the April-June quarter of 2019, but this volume was down by around 3% year on year, according to the company's second-quarter operations review published on Tuesday July 16.The lower shipments of 100% basis iron ore were due to disruptions to its operations when Western Australia was hit by Tropical Cyclone Veronica at the...Read More
Macro...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subs...Read More
Strong Chinese industrial production data has...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest i...Read More
The Turkish domestic scrap markets remained mostly quiet last week due to the subdued finished steel markets and the seasonal summer slowdown, sources said on Tuesday July 16.Steel mills have kept their buy prices for auto bundle scrap flat, but ship scrap prices increased slightly due to expectations of a rebound in the price...Read More
Aluminium LME aluminium started trading this week on...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download...Read More
Tentative rebound Copper prices have attempted...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
Export pig iron prices from the south of Brazil remained weak on uncertainty in both the scrap and iron ore markets, sources told Fastmarkets.Fastmarkets' weekly price assessment for pig iron exported from the south-eastern Minas Gerais region of Brazil was down $5 at $310-315 per tonne fob on Friday July 12. After the assessment was published two sales were heard done at $315 per tonne...Read More
Right to be favouring the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it&#...Read More
Jakarta talking about reinstating ore export ban There...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the...Read More
Seaborne iron ore lump premiums fell on Tuesday July 16, because cheaper alternatives were available at Chinese ports, market participants told Fastmarkets.Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $122.15 per tonne, up $0.74 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $122.07 per tonne, up $0.74 per tonne. Fastmarkets' index for iron ore 62...Read More
Concerns about widening restrictions on imported coal at Chinese ports took center stage on Tuesday July 16, even as trading activity in the spot market remained subdued. A branded cargo changed hands at $180 per tonne fob Australia on the Global Coal platform, sources said during the day. The trade was not included in the calculation of Fastmarkets' fob DBCT index as it fell outside the eight-wee...Read More
Rebound likely to steepen The rebound...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
Prices attempting to form a base... ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More