Here are five Fastmarkets stories you might have missed on Monday March 15 that are worth another look.Brazilian slab and hot-rolled coil producer ArcelorMittal Tubar??o expects to resume operations at its hot-strip mill this week, after the equipment was put under maintenance on Monday March 8.The Aluminium Stewardship...Read More
Under the C$343 million deal, Evolution is offering $2.65 per share, a 46% premium to the Friday close. Battle North (TSX: BNAU), which is the rebadged Rubicon Minerals redeveloping its Bateman (formerly Phoenix) gold project, reached an all-time high of $2.62 intraday before closing at $2.60. Still in Toronto, uranium play Denison Mines (TSX: DML) rose 14.79% ahead of its shares being a...Read More
The latest data for the global manganese ore market for the week ended March 15, 2021.Read More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it has elected to exercise its rights under the terms and conditions of the 2,500,000 common share purchase warrants ("Warrants") that were issued in connection with the purchase of a net smelter royalty ("NSR") in October 2020 to accelerate the expiry date of the Warrants. The origi...Read More
China's nickel pig iron (NPI) price fell in the week to Friday March 12, pressured by a lack of spot activity and weakness in the London Metal Exchange three-month nickel price.Fastmarkets assessed the nickel pig iron, high-grade NPI content 10-15%, spot, ddp China at 1,140-1,160 yuan ($175-178) per nickel unit on March 12, down by 40-50 yuan (3.8%) per nickel unit from 1,180-1,210 yuan per nickel...Read More
Here are five Fastmarkets stories you might have missed on Monday March 15 that are worth another look.Brazilian slab and hot-rolled coil producer ArcelorMittal Tubar??o expects to resume operations at its hot-strip mill this week, after the equipment was put under maintenance on Monday March 8.The Aluminium Stewardship...Read More
Key data from the pricing sessions in the United States, Europe and Asia for the week ended Friday March 12. United States Short supply supported the price rally that has now entered its eighth week. Spot demand remains good despite a slowdown in automaking related to a shortage of computer...Read More
Domestic ferrous scrap prices in Germany increased significantly in the month to Monday March 15, supported by the trend in international trading, sources told Fastmarkets.Fastmarkets' monthly price assessment for steel scrap No E3 (old thick steel scrap), domestic, delivered mill, Germany, was ?,?360-370 ($430-442) per tonne on March 15, up by ?,?20-30 per tonne from ?,?330-350 per tonne in mid-F...Read More
In her early career, La Farga chief executive Inka Guix? had not considered working for the business founded by her father and grandfather, but in her late-20s she accepted an invitation to join the company and assist in its expansion. She recounts her route to the top of the business and discusses the outlook for copper with Andrea Hotter. If Inka Guix? had taken her teacher's advice not to go...Read More
Markets are starting the week mixed with base metals prices and equities in different regions showing divergent performances this morning, Monday March 15. United States 10-year treasuries yields strong at 1.64%, showing risk-onChina's industrial production and retail sales climb more than expected......but unemployment also risesBase metals Three-month base metals prices on the London Metal Excha...Read More
German carmaker Volkswagen Group is working on the development of six battery-manufacturing sites in Europe to guarantee security of supply for its electric vehicle (EV) fleet, it said on Monday March 15.The group was presenting its new technology roadmap for the period to 2030 during its first Power Day event."E-mobility has become a core business for us. We are now systematically integrating add...Read More
Key data from Fastmarkets' pricing session in China on Friday March 12.Key drivers Cobalt metal price in China falls amid weak market sentiment following a slump in local futures prices, while spot trading was thin due to buyers' reluctance to accept higher prices.Chinese cobalt tetroxide market was...Read More
Here are five Fastmarkets stories you might have missed on Monday March 15 that are worth another look.Brazilian slab and hot-rolled coil producer ArcelorMittal Tubar??o expects to resume operations at its hot-strip mill this week, after the equipment was put under maintenance on Monday March 8.The Aluminium Stewardship...Read More
"An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd."- Benjamin GrahamGold looks set to post one of its worst-performing quarters in years.The yellow metal started the year off strong, trading for over $1,900 an ounce. But rising U.S. Treasury yields and a stronger dollar served to depress gold prices over the past several week...Read More
S2 Resources (ASX: S2R) is a greenfields explorer, targeting "company making" precious and base metal discoveries, in mining friendly jurisdictions of Australia and Finland. The Company is building a pipeline of new belt-scale projects and drill-ready prospects, in highly endowed, but under-explored and/or emerging districts. We learned from Matthew Keane, CEO of S2 Resources that in 2020 they exp...Read More
Mark Jarvis, CEO and Director of Giga Metals Corporation (TSX.V: GIGA, FSE: BRR2) aims to be a premier supplier of the key battery metals for electric vehicles: Nickel and Cobalt. They recently released an updated preliminary economic assessment (PEA). The Company's Turnagain Project, located in north central British Columbia, is among the largest undeveloped nickel-cobalt sulfide deposit in the w...Read More
Brazilian slab and hot-rolled coil producer ArcelorMittal Tubar??o expects to resume operations at its hot-strip mill this week, after the equipment was put under maintenance on Monday March 8."ArcelorMittal Tubar??o informs a stoppage occurred in its hot-strip mill on March 8, 2021, with no impact on safety. The equipment is under maintenance, aiming to...Read More
Domestic prices for hot-rolled coil in Northern Europe were largely stable day on day on Monday March 15, supported by a shortage of material in the region, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?791.25 ($945.39) per tonne on Monday March 15, down by just ?,?1.75 per tonne from ?,?793.00 per tonne on Friday March...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view. This month's key North American steel forecast highlights: US hot-rolled coil prices continued to move in line with our forecasts in February, although actual prices again modestly exceeded our forecasts. Domestic HRC prices averaged $1,194 per ton in February, exceeding our forecast price of $1,150 per ton for the month. U...Read More
Just like the rodeo, today's market environment is full of thrills. In the Energy sector, we are seeing small companies eating the lunch of bigger names when it comes to returns. The sector is also confronting climate change, and that is opening up opportunity for investors.The latest Insights: Energy fun and financial disruption (image by Jaimie Harmsen on Unsplash)All that in the latest Insights...Read More