Improved demand from the construction sector kept China's domestic rebar prices from falling further on Wednesday December 2.DomesticEastern China (Shanghai): 4,030-4,060 yuan ($613-617) per tonne, unchangedSeveral contractors raised their procurement rates during the day to replenish their inventories, having limited their buying in the past 10 days.The stronger demand, coupled rising futures, pu...Read More

Key data from Fastmarkets' Wednesday December 2 pricing session in Europe.Key drivers?EUR?Cadmium found support with demand in India, the most important spot market for the material, increasing over the past two weeks after a long period of slow activity.?EUR?The results of a tender from Russian producer Chelyabinsk showed evidence of refreshed interest among consumers. This tender...Read More

Drilling completed and additional technical studies underway Company plans to rapidly advance the project once PFS results are receivedELKO, Nevada, Dec. 2, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to provide an end of field season report for its CK Gold Project, an advanced stage gold and copper exploration and d...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and Michael Greenfield in London, Susan Zou and Amy Lv in Shanghai and Carrie Shi in Beijing contributed to this article.Fastmarkets has reworked the market reports it previously published for the minor metals, noble alloys and battery raw materials sectors to align them with end-use sectors. C...Read More

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

The cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt hydroxide p...Read More

The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More

The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More

It has been almost one year since the start of the Covid-19 outbreak and global economies are still recovering from the fallout. Fastmarkets analyzes the effects of the pandemic on global cobalt supply and trade flows.Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday December 2. Key drivers The ferro-titanium jumped to a peak last seen in September 2018 amid a jump in renewed demand from steel mills.Steelmakers have been looking for ferro-titanium both on a spot basis and for shipment out as far as the early second quarter of 2021, suppliers say....Read More

The market for UG2 chrome ore in China fell in the week ended Tuesday December 1 after stainless steel mill Tsingshan lowered its ferro-chrome tender price for December delivery.Fastmarkets' chrome ore South Africa UG2 concentrates index, basis 42%, cif China, fell for the fourth consecutive week to $131 per tonne on Tuesday, down by $2 per tonne (1.5%) from $133 per tonne the preceding week. The...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.While much commentary has been written about Asian economies performing far better than those elsewhere this year during the global Covid-19 pandemic, it is stainless steel markets in Europe and the United States that are ending the year in better shape than their Asian counterparts.We do not talk of demand levels or demand g...Read More

With European scrap metal supply still falling short of pre-Covid-19 levels, the "high-volume, low-margins" model adopted by giant recyclers could be out-of-date, industry executives said."Due to Covid-19-led lockdowns, we were at 30% of the normal capacity back then, now we are probably back to three-quarters but actual supply of copper scrap is not actually as high as it was," said Susie Burrage...Read More

Liberty Steel Group's move to acquire the steel unit of German industrial conglomerate Thyssenkrupp has moved to the due diligence phase, the UK-based steel company told Fastmarkets on Wednesday, December 2. "Thyssenkrupp and Liberty Steel Group have agreed to enter a further process phase. Liberty Steel will shortly begin detailed due diligence and thus gain insight into key business data [o...Read More

BMO Capital Markets says that a surge in the price of Chinese rare earth metals in November is a reflection of the geopolitical tensions between that country and the developed world.Commenting on the sudden price gains in a research note, BMO's commodity analyst Colin Hamilton also said that as nations around the world consider self-sufficiency in rare earths and other critical minerals, while als...Read More

The domestic Northern Europe steel wire rod price soared over the week to Wednesday December 2, pushed up by long lead times and good buying appetite. Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe rose to ?,?540-550 ($648-660) per tonne on Wednesday, up by ?,?40-50 per tonne from ?,?500 per tonne a week earlier. The assessment is b...Read More

A new research note from battery supply chain specialist and price reporting agency, Benchmark Mineral Intelligence, has a warning for carmakers about the direction of battery prices used in electric vehicles - they won't fall indefinitely.Andrew Leyland, Head of Strategic Advisory at Benchmark, points out that lithium ion battery cell prices have fallen from US$290 per kiloWatt hour six years ago...Read More

Newmont (TSX: NGT; NYSE: NEM) is ramping up towards full operations at its Musselwhite mine in Ontario following successful commissioning of the mine's conveyor system and the material handling system. Commercial production has now been restored at the Musselwhite conveyor.Musselwhite is a fly-in, fly-out operation located approximately 500 km north of Thunder Bay, Canada. The property covers an a...Read More

B.C.-focused juniors Serengeti Resources (TSXV: SIR) and Sun Metals (TSXV: SUNM) plan to combine to create a "premier Canadian multi-asset copper-gold developer."The merger will bring together the companies' adjacent projects in north-central British Columbia - Serengeti's 67%-owned Kwanika project and Sun Metals' Stardust project. It will also bring together Sun Metals' Lorraine project, 40 km no...Read More