China's domestic hot-rolled coil prices rebounded on Friday December 4, motivating overseas buyers to pay higher prices for the Chinese flat steel product.DomesticEastern China (Shanghai): 4,280-4,290 yuan ($654-655) per tonne, up 10 yuan per tonneNorthern China (Tangshan) - weekly assessment: 4,130-4,160 yuan per tonne, up 130 yuan per tonneSpot prices increased again during the day after a sligh...Read More

China's domestic rebar prices dropped further on Friday December 4 for an accumulated decrease of 120 yuan per tonne from a week earlier amid subdued demand.DomesticEastern China (Shanghai): 3,970-4,000 yuan ($609-612) per tonne, down by 40 yuan per tonneNorthern China (Beijing) weekly assessment: 3,700-3,730 yuan per tonne, down by 90-110 yuan per tonneTemperatures fell in China this week, disrup...Read More

An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in London, Susan Zou, Amy Lv...Read More

Key data from the Friday December 4 pricing session in London. Key drivers: Metal prices unchanged in a steadily, but thinly, traded market. Sellers hold firm with offers across the range, dependent on tonnage and shape, and buyers struggle to find weak sellers for nearby units. ...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday December 4.China Seaborne manganese ore prices of both grades rose after miners successfully sold their January shipments at flat offer prices following a rise in the portside ore market and despite high inventories. Portside manganese ore prices of both grades ticked up after traders raised their o...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 cobalt standard grade,...Read More

Canada's Seabridge Gold (TSX: SEA; NYSE: SA) is buying Pretium Resources' (NYSE: PVG) Snowfield property in northwest British Columbia for $100 million in cash, a 1.5% net smelter royalty related to all production and a $20 million future contingent payment.The Toronto-based miner says the acquisition of Snowfield, immediately adjacent to its 100%-owned KSM gold-copper project in northeast B.C.,...Read More

Mining and commodities trader Glencore (LSE: GLEN) said today that Gary Nagle, the head of its coal division, would replace Ivan Glasenberg as the company's top boss early next year.Glasenberg, who has led Glencore since 2002, said in 2018 that he would step down in three to five years. At the time, he said the firm had already begun training a small group of front runners to take over the po...Read More

We are all familiar with the principles and practice of recycling and re-using, and for many it is a common practice of daily life. Our society has a long history of recycling glass, aluminium cans, plastic (in all its forms), cars, scrap metal, jewelry, electronics, paper and so on. We increasingly re-use clothing, vinyl is back and vintage wear is now a high-fashion statement. What if reduce, re...Read More

OceanaGold (TSX: OGC; ASX: OGC) has received permits for three deposits at its Macraes gold mine, about 60 km north of Dunedin in the South Island of New Zealand, that will allow it to extend the life of the mine from 2021 to 2028. The permits will enable the development of the new Golden Point Underground Mine (GPUG), extend the Deepdell North Stage III open-pit deposit, and expand mineralisati...Read More

David Elliott - Featured Speaker - GMS: November 10th, 2020 from The Northern Miner on Vimeo.Read More

Turkish steel mills continued to make deep-sea scrap purchases at a slow pace at the end of the working week, with prices remaining fairly stable, sources told Fastmarkets.A steel producer in the Marmara region booked a Baltic Sea cargo comprising HMS 1&2 (80:20) at $360 per tonne and bonus at $370 per tonne cfr late on Thursday December 3. The cargo breakdown was not disclosed by the parties.As a...Read More

Optimistic sentiment in the Taiwanese ferrous scrap import market has led to limited offers for cargoes and continued increases over the week to Friday December 4, sources said.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $330 per tonne on Friday December 4, narrowing upward by $5 per tonne day on day an...Read More

Key data from Fastmarkets' pricing sessions in China, Europe and the United States in the week ending Friday December 4. China  The export price climbed for a fourth consecutive week to reach a two-year high, with liquidity reported after months of muted trading activity in the export market.The domestic spot price stabilized after jumping by 5.4% in the previous week, with...Read More

German steelmaker Thyssenkrupp is conducting a joint feasibility study with energy company STEAG to develop a hydrogen hub to be used in green steel production at its Duisburg site, the company said on Thursday December 3.The study will focus on construction of a water electrolysis plant at the STEAG site in Duisburg-Walsum by Thyssenkrupp Uhde Chlorine Engineers, the structuring of energy supply...Read More

The U.S. House of Representatives voted on Friday to decriminalize marijuana at the federal level, but the legislation is not expected to advance further as long as the Senate remains in Republican hands.Read full newsRead More

Company Executives share vision and answer questions live at VirtRead full newsRead More

Sanatana Resources Inc. has arranged a non-brokered private placeRead full newsRead More