Here are five Fastmarkets stories you might have missed on Wednesday March 17 that are worth another look.The volume of Southeast Asian steel billet available to importers across Asia is on the rise following new capacity upgrades at key suppliers in Indonesia and Vietnam, sources told Fastmarkets.Treatment charges (TCs)...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 17.Please click...Read More

Keith WeinerPosted Mar 17, 2021By the M0 measure of the money supply, there was a 52% increase between February 2020 and January of this year. This is a graph of M0 going back to 2000.(Click on image to enlarge)There. Proof of the cominghyperinflation.It took centuries to get to $3.4 trillion monetary base, and less than a year to increase it by over half. QED. This is all you need to know!At leas...Read More

Fastmarkets has renamed its China alumina assessment as ex-works (exw) China, from delivered duty paid (ddp) China, effective Wednesday March 17.This corrects a labeling error that had been in place since the launch of the alumina metallurgical grade assessment in September 2006. Current and historical data reflects alumina metallurgical...Read More

A special dividend of US39.6c brought total dividends paid out 2020 to 72.6c - versus 19.8c paid in 2019.Read More

Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, announces subsidiary company, East Side Games Inc. ("ESG"), has entered into a multi-year partnership with World of Wonder Productions Inc. ("WOW") for the exclusive mobile game rights to Emmy Award-winning competition series, RuPaul's Drag Race, to develop and publish a new...Read More

Fastmarkets has renamed its China alumina assessment as ex-works (exw) China, from delivered duty paid (ddp) China, effective Wednesday March 17.This corrects a labeling error that had been in place since the launch of the alumina metallurgical grade assessment in September 2006. Current and historical data reflects alumina metallurgical...Read More

The market for ferro-chrome in Europe continued to strengthen during the week to Tuesday March 16, with some producers successfully raising their offer prices and other participants reporting the market to be unmoved.Fastmarkets' price assessment for ferro-chrome, high carbon, 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe widened upward by $0.03 per lb Cr, or 1.2%, to $1.15-1.40 per lb...Read More

Bearish sentiment and lower bids for chrome ore in China have followed a period of restocking in southern China, while demand in Inner Mongolia remains muted, according to market participants.Fastmarkets' chrome ore South Africa UG2 concentrates index basis 42%, cif China fell by $8 (4.4%) to $172 per tonne on Tuesday March 16, from $180 per tonne a week earlier.Portside UG2 chrome ore prices have...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

Turkish deep-sea scrap import prices have been weakening recently because of strong supplies, with steelmakers also staying away from the market due to limited steel sales, sources said on Wednesday March 17.The most recent deep-sea bookings occurred at the end of the last week, when two Baltic Sea cargoes were sold at $435-437 per tonne cfr on HMS 1&2 (80:20) basis.Since then, steel mills in Turk...Read More

Japanese steel scrap exporters are facing acute problems in sourcing vessels in which to make shipments, leading to an oversupply of scrap at exporters' yards which in turn is driving down prices, market sources told Fastmarkets on Wednesday March 17.Rising freight rates have been inflating cfr-basis scrap and steel prices across Asia in recent weeks but the situation in Japan is now so severe tha...Read More

ArcelorMittal has launched three new initiatives that will help it meet its net zero commitment, including a $100 million per year investment fund to develop technology that will support and accelerate the transition to net zero carbon steelmaking, the company said on Wednesday March 17. Innovation fund The company aims to deliver on its net zero commitment by 2050 and the $100 million per year "X...Read More

Base metals prices on the London Metal Exchange were mainly firmer on Wednesday March 17, while on the Shanghai Futures Exchange they were weaker across the board. Broader markets were treading water ahead of this evening's US Federal Open Market Committee (FOMC) announcements and press conference. United States 10-year treasuries yields have firmed again to 1.63% EU passenger car registrations ar...Read More

China's nickel plate premiums fell amid a closed arbitrage window while market participants in Europe and the United States reported minimal buying interest in the week to Tuesday March 16.Poor arbitrage muted Chinese nickel plate market.European plate premiums reach balance with great demand for briquetteUS spot buying due to increase post-pandemicChina's nickel premium down; nickel sulfate upwar...Read More

Share this article TORONTO - Tinka Resources Ltd. [TK-TSXV; TKRFF-OTC; TLD-FSE] shares rallied in heavy trading volume Wednesday, March 17 after the company released new drilling results from the company's Ayawilca Project in Peru.The latest results include assays from six diamond drill holes from a 2020-2021 resource expansion and infill drill program.Four holes were located in the Camp area, an...Read More

"You have to check out Ben Franklin... How does Wall Street NOT see it coming?"When my colleague Alex Koyfman floated this odd question my way in the predawn hours this morning, I'll admit I was a bit confused at first.But if there's one thing I've learned over the past decade, it's to pay close attention to Alex whenever his excitement reaches a pitch like this. When Alex gets this excited, peop...Read More

GoGold Resources Inc. (TSX: GGD, OTCQX: GLGDF) is a Canadian-based silver and gold producer, focused on operating, developing, exploring and acquiring high-quality projects in Mexico. The Company operates the Parral Tailings mine, in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects, in the state of Jalisco. We learned from Bradley Langille, President, CEO...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 17 that are worth another look.The volume of Southeast Asian steel billet available to importers across Asia is on the rise following new capacity upgrades at key suppliers in Indonesia and Vietnam, sources told Fastmarkets.Treatment charges (TCs)...Read More

Domestic prices for steel hot-dipped galvanized coil in Europe moved up again over the week to Wednesday March 17, due to a material shortage combined with strong demand, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil, domestic, exw Northern Europe, was ?,?900-930 ($1,073-1,108) per tonne on March 17, up by ?,?10-30 per tonne week on week from ?,...Read More