Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe future economy is looking greenSPONSOREDlomiko metals incThe potential to give voters the final say on the likely US$1.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe contract is the largest single operational contract for the Motheo project and has a term of seven years and three months, with the option to extend for a year.Read More
Steel wire rod prices in the north of Europe were broadly stable at high levels during the week to Wednesday June 9, with more rises expected due to supply tightness, sources said.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe was unchanged week on week at ?,?830-850 ($1,011-1,035) per tonne on Wednesday.Several bookings were reported in...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe future economy is looking greenSPONSOREDlomiko metals incKSM is one of the largest undeveloped gold-copper deposits in the world with proven and probable reserves of 3...Read More
U.S. equity index futures were slightly higher this morning. S&P 500 futures were up 4 points in pre-opening trade. The Canadian Dollar was quiet at US82.78 cents prior to news from the Bank of Canada. Its overnight lending rate for Canada's major banks to be announced at 10:00 AM EDT is expected to remain unchanged at 0.25%.UPS (UPS $209.76) is expected to open higher after the company raised...Read More
Stainless steel scrap prices in the United States rose again over the past week amid big gains in the ferrous market and while nickel prices have continued to hover just above the $8-per-lb ($17,640-per-tonne) threshold."We can thank the iron market for the latest stainless price increase, especially since the London Metal Exchange nickel continues to struggle to move further to the upside," one d...Read More
Turkish steel mills continued their deep-sea scrap purchases for July shipment at slightly higher prices on Wednesday June 9, having only just resumed buying activity on Tuesday after a near-two-week break, market participants told Fastmarkets.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $498 and bonus scrap at $508 per tonne cfr.The same mill also bo...Read More
Fastmarkets' index of the 63% Fe Australia-origin lump ore premium, cfr Qingdao, hit a record-high on Wednesday June 9 amid strong activity on a trading platform.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $212.67 per tonne, up by $3.17 per tonne62% Fe low-alumina fines, cfr Qingdao: $214.71 per tonne, up $2.90 per tonne58% Fe fines high-grade premium, cfr Qingdao: $187.88 per tonne, up...Read More
Seaborne premium hard coking coal prices remained largely stable in both the cfr and fob on markets Wednesday June 9, with most market participants on the sidelines, source said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $168.50 per tonne, up $0.20 per tonnePremium hard coking coal, cfr Jingtang: $282.87 per tonne, up $0.20 per tonneHard coking coal, fob DBCT: $145.43 per tonne, up $3...Read More
Prices for steel scrap imported into China were unchanged for a fourth consecutive day on Wednesday June 9 despite the June Kanto Tetsugen auction result inching up by ?362 ($3) per tonne from last month.The Kanto Tetsugen, which is a cooperative of scrap dealers in the Tokyo region, closed its monthly H2-grade scrap export auction on Wednesday with the winning bid price at ?49,195 per tonne fas...Read More
A major Japanese steelmaker will hike its offers for August-shipment hot-rolled coil amid tight supply and high raw materials prices, a source close to the company told Fastmarkets.The steelmaker will increase its offer to $1,100-1,200 per tonne cfr Southeast Asia, widening up by $50 per tonne compared with July-shipment materials. It will also increase its offer to $1,200-1,300 per tonne cfr to o...Read More
-Company on track to complete CK Gold Project Pre-Feasibility Study-Inclusion in the index could lead to greater institutional and ETF awareness and increased overall liquidityELKO, Nev., June 9, 2021 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today announced that it has been added to the Russell Microcap (R) Index as part of the...Read More
China's domestic hot-rolled coil prices trended higher on Wednesday June 9 amid a rallying futures market sparked by concerns over the supply of raw materials.DomesticEastern China (Shanghai): 5,530-5,550 yuan ($865-868) per tonne, narrowing upward by 30-80 yuan per tonne.The most-traded HRC futures contract on the Shanghai Futures Exchange reached an intraday high of 5,400 yuan per tonne on Wedne...Read More
Nickel gained the most in percentage terms during morning trading on the London Metal Exchange on Wednesday June 9, while other base metals were mostly unchanged from Tuesday at high levels.The LME three-month nickel price reached $18,130 per tonne on Wednesday morning, up from its previous close at $17,942 per tonne. The contract rose to a three-month high of $18,475 per tonne on June 3 - its hig...Read More
China's domestic rebar prices picked up on Wednesday June 9 as a result of futures gains leading to stronger demand, market sources said.DomesticEastern China (Shanghai): 4,960-5,000 yuan ($776-782) per tonne, up by 40-50 yuan per tonneRebar futures staged a slight rebound on Tuesday and Wednesday, following a large drop on Monday, which market participants said was a "reasonable price change".The...Read More
LME base metals have looked tired, having lost their upward momentum in the past few days, but underlying support looks plentiful, with all the base metals on the SHFE being in positive territory this morning, Wednesday June 9. US 10-year treasury yields have fallen, not on haven buying, but because the market seems more sanguine that central banks will not rock the boat anytime soon......but will...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Ewa Manthey, Charlotte...Read More
An overview of the consumer electronics markets and their latest price moves.Dalila Ouerghi and Cristina Belda...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, in-whs Rotterdam, $/lb at 19.80-20.60 on Wednesday...Read More