Stable demand from steel fabricators and stockists, and higher raw material ferrous scrap prices boosted Singapore's rebar import market during the week to Monday May 10, market sources said.One transaction was heard concluded at $715 per tonne cfr Singapore on a theoretical weight basis for an Indian rebar cargo, and another transaction was heard at $730 per tonne cfr Singapore on a theoretical w...Read More
Export offers for Chinese rebar and wire rod increased sharply over the past week amid domestic gains in China, though no buyers took them up.Fastmarkets' steel reinforcing bar (rebar) index export, fob China main port was at $1,020 per tonne on Tuesday May 11, up by $192.50 per tonne from $827.50 per tonne on April 27.This is the highest that export prices for Chinese rebar have been since August...Read More
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Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
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Today, some significant volatility is creeping into financial markets. Recent inflation numbers blew away economist predictions for the kind of price surges consumers can expect. Accordingly, expectations of rate hikes have ushered in a wave of selling today.However, there are options for investors looking to navigate this environment in a defensive way. These two stocks are among my top picks for...Read More
Investing in equity markets does not always require huge capital upfront. Even with a small but regular investment, one can create significant wealth over the long term. So if you are ready to invest, here are three Canadian stocks that you can buy under $10 to earn superior returns over the next three years.B2GoldB2Gold (TSX:BTO)(NYSEMKT:BTG) is a gold mining company with its mines located in Mal...Read More
When it comes to starting a reliable, passive income, there are few better alternatives than high-yield dividend stocks, especially if they are Dividend Aristocrats. But these are relatively rare, and if you calculate your returns based on how much you invested (if we disregard the capital growth dividend stocks offer), it usually takes more than a decade for stock to “reimburse” your...Read More
Despite the stellar run-up in most stocks listed on the TSX Index, a few are still trading at lower prices. While these stocks are trading cheaper, their strong fundamentals, continued demand, and growth initiatives suggest that they have a long runway for growth. I believe the increased spending on digital platforms, recovery in consumer demand, and positive secular industry trend...Read More
When you were a kid, what did you want to be when you grew up?A teacher?An archaeologist?A pirate?A soldier?An antiquarian arms dealer?If you answered yes to any of the above, then you are in for a treat. If you didn't, then, well, you are still in for a treat.That's because I spent the better part of an afternoon speaking with someone who fits all of those bills. Sean Rich has a very specific set...Read More
Here are five Fastmarkets stories you might have missed on Wednesday May 12 that are worth another look.The so-called "Suez Armada" of vessels that were delayed by the unintentional blockage of the Suez Canal has now been processed by the Port of Rotterdam, but the port was still "extremely" busy and there were challenges ahead for the...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 12.Please click...Read More
Futures prices on the London Metal Exchange were down across the board at the close of trading on Wednesday May 12, after higher-than-expected inflation indicators in the United States pushed the dollar up to its highest figure this week.Lead was the metal most badly affected by the inflation numbers released earlier on Wednesday, with its price down by 1.6% to $2,187 per tonne, from $2,222 per to...Read More
Here are five Fastmarkets stories you might have missed on Wednesday May 12 that are worth another look.The so-called "Suez Armada" of vessels that were delayed by the unintentional blockage of the Suez Canal has now been processed by the Port of Rotterdam, but the port was still "extremely" busy and there were challenges ahead for the...Read More
The UG2 chrome ore market ticked up for the first time since March of this year in response to increased buyer interest over the week to Tuesday May 11, sources said.Fastmarkets' chrome ore South Africa UG2 concentrates index basis 42%, cif China price assessment was $150 per tonne on May 11, a rise of $1 (0.67%) from $149 per tonne a week earlier."The number of inquiries we received was the highe...Read More
The vehicle would acquire soon-to-be phased out coal mines in safe jurisdictions and maintain existing production capacity before closing them down in 2045, said Bloomberg.Read More
Commodity trading company Traxys has renewed a $1.33 billion revolving credit facility with 26 lenders, it said on Monday May 10, dating the completion of the deal as May 4.Lead arrangers were Rabobank, Deutsche Bank, ING, Soci?(C)t?(C) G?(C)n?(C)rale, Natixis...Read More