Inert anode technology is one of several methods UC Rusal will use to achieve carbon neutrality by 2050, with the company to lay out a roadmap on its path forward in September, a senior executive at the aluminium producer told Fastmarkets.According to Roman Andryushin, company head of sales and marketing, the roadmap will not just focus on reducing emissions across Rusal's smelting operations but...Read More

Led by the tech sector, the benchmark index in New York closed up 0.33% yesterday to 4,141.59.The gold price has gained from this point yesterday, to US$1,745 an ounce on the spot market.Talk of rising US inflation could further improve sentiment for gold as a hedge against inflation.Nevada-focused i-80 Gold (TSX: IAU), a spin-out following Equinox Gold's acquisition of Premier Gold Mines, lost 7....Read More

A summary of base metals premiums from across the globe for the week to Tuesday April 13.Please click...Read More

Fastmarkets will launch a weekly price assessment for ferro-tungsten basis 75% W fob China on Wednesday April 14.Following a one-month consultation, Fastmarkets has decided to relaunch its ferro-tungsten, China export min 75% $ per kg W, fob China price assessment after discontinuing it in March 2019 due to limited spot liquidity in the market.But market participants have reported a resurgence in...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 13 that are worth another look.A court in the southeast Brazilian state of Minas Gerais has accepted a request for bankruptcy protection from local iron ore pellet producer Samarco, which is owned 50:50 by Vale and BHP,...Read More

Visible progress has been made toward network readiness and availability of 5G telecommunications in the first quarter of 2021, after delays last year resulting from the Covid-19 pandemic, sources have told Fastmarkets.To date this year, there has been already a significant ramping-up of the uptake of 5G devices. The Global Mobile Suppliers Association (GSA), in its 5G devices summary for March 20...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 13 that are worth another look.A court in the southeast Brazilian state of Minas Gerais has accepted a request for bankruptcy protection from local iron ore pellet producer Samarco, which is owned 50:50 by Vale and BHP,...Read More

Ferrous scrap prices in Mexico edged up in the central Baj?-o region but were stable in the region near northern Monterrey city, with fewer buyers in the marketthan usual.One scrap buyer was applying price increases of 100-200 pesos ($5-10) this week in Mexico, but most buyers either held the line on prices or were purchasing minimum volumes due to high costs.Fastmarkets assessed the&nbs...Read More

Turkish steel producers continued to avoid deep-sea ferrous scrap bookings due to weak finished steel sales, market sources said on Tuesday April 13.A steel mill in the Iskenderun region booked a Canadian cargo at the end of the last week comprising 35,000 tonnes of a 95:5 mix of No1 and No2 heavy melting scrap and 15,000 tonnes of shredded at an average price of $436 per tonne cfr, caus...Read More

Base metals prices on the London Metal Exchange were down across the board this morning, Tuesday April 13, as were most of the metals prices on the Shanghai Futures Exchange, while broader markets were quiet.China's trade data showed imports and exports grew, highlighting broad-based economic recovery Markets waiting for the release of United States consumer prices today and to see how that will a...Read More

Visible progress has been made toward network readiness and availability of 5G telecommunications in the first quarter of 2021, after delays last year resulting from the Covid-19 pandemic, sources have told Fastmarkets.To date this year, there has been already a significant ramping-up of the uptake of 5G devices. The Global Mobile Suppliers Association (GSA), in its 5G devices summary for March 20...Read More

Share this article VANCOUVER - Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF), sole owner of one of the last large, undeveloped salars in Argentina's Lithium Triangle, reported that it has commenced drilling the deepest production well ever undertaken in the third phase of its inaugural drilling program in the Tolillar Salar.Alpha continues to drill with two rigs. One of the two has now mov...Read More

Milton Friedman famously said, "Inflation is always and everywhere a monetary phenomenon."This idea has generally been regarded as bad ever since. Recently the nabobs at the Federal Reserve thought so poorly of it that they decided to stop producing reports of M1 and M2 money supply every week and will now produce them every month instead.Of course, it is in the Fed's interest to not report its co...Read More

Domestic prices for hot-rolled coil in Northern Europe continued to rise on Tuesday April 13 due to a material shortage, market sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index domestic, exw Northern Europe at ?,?905.00 ($1,077.07) per tonne on Tuesday April 13, up by ?,?3.33 per tonne from ?,?901.67 per tonne on April 12.The index was up by ?,?20.99 per tonne...Read More

Flat steel import prices to the United Arab Emirates and Saudi Arabia increased sharply in the week to Tuesday April 13 despite weak demand, sources told Fastmarkets.The weakness in demand was attributed to the Islamic holy month of Ramadan that started on the evening of April 12, traditionally a slow period for both countries amid reduced working hours.But uncertainty on rebates fo...Read More

Demand for long steel products was weak in the United Arab Emirates during the week to Tuesday April 13, with prices close to those heard last week, sources told Fastmarkets.The Islamic holy month of Ramadan started on April 12, and demand was unlikely to improve over the period because of the traditionally reduced working hours.In addition, there were hardly any new projects in the country, and s...Read More

A summary of operational results for Russia's largest steelmaker, Novolipetsk Steel (NLMK), for the January-March quarter of 2021. The company also has assets in Europe and the United States.In brief Steel product sales to export markets fell to 1.2 million tonnes, down by 21% quarter on quarter, with a decline in pig iron sales but a rise in intragroup slab deliveries. Sales in home markets incre...Read More

China's domestic rebar prices stopped their downward trend on Tuesday April 13 following a recovery in the futures market, Fastmarkets heard.DomesticEastern China (Shanghai): 4,980-5,000 yuan ($760-764) per tonne, up by 10-20 yuan per tonneRebar futures rebounded from two days' of decreasing on the positive news from the futures market.Spot rebar prices followed suit but rose by just 10-20...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 13 that are worth another look.A court in the southeast Brazilian state of Minas Gerais has accepted a request for bankruptcy protection from local iron ore pellet producer Samarco, which is owned 50:50 by Vale and BHP,...Read More

Topics Discussed Include:*The one thing that makes Jim Rickards nervous regarding systemic financial stability*What happened with Archegos*Virus, Lockdowns, Economic Impacts*The New Great Depression - How to measure it*The Spanish Flu was the worst pandemic in history*What happens when you have both a pandemic and depression at the same time*Why depressions over time cause a massive loss of wealth...Read More