Most base metals registered declines in inventories at Shanghai Futures Exchange-registered warehouses during the week to Friday July 30, although lead was up by 6.5% and nickel rose by 1.5%.Out of the base metals complex, lead stocks gained the most in the week, rising to 168,421 tonnes, up by 10,348 tonnes - or 6.5% - from 158,073 tonnes one week ago. Lead stocks have now logged six straight wee...Read More

China's domestic hot-rolled coil prices rose on Friday July 30, while export prices held stable after tax authorities announced the cancellation of more steel export rebates.DomesticEastern China (Shanghai): 6,000-6,010 yuan ($929-930) per tonne, up by 60-80 yuan per tonneNorthern China (Tangshan): weekly assessment: 5,880-5,920 yuan per tonne, up by 160-190 yuan per tonne The most-traded HRC cont...Read More

The new infection cases in Eastern China's Nanjing city made some construction sites in a few districts slowing work, but didn't cause major influence in a large range and the rebar prices kept the upward trend on Friday July 30.DomesticEastern China (Shanghai): 5,340-5,370 yuan ($827-831) per tonne, up by 40 yuan per tonneNorthern China (Beijing) weekly assessment: 5,250-5,320 yuan per tonne, up...Read More

The three-month aluminium contract on the London Metal Exchange hit a new year-to-date high of $2,615 per tonne in morning trading on Friday July 30, while zinc moved back above the $3,000-per-tonne psychological level.Aluminium gained 0.9% from Thursday's closing price of $2,591 per tonne and is set for a 4.3% increase this month. It started the month at $2,507.50 per tonne on July 1. Sentiment i...Read More

The global manganese ore and alloy price and their recent price movesIndiaThe market was stable after declining for three weeks, with demand in Europe drying up due to the holiday season and soaring freight costs. Sentiment remained bearish this week with traders reporting prices may fall further once consumers return to the market.EuropeThe European silico-manganese market...Read More

An overview of the aerospace materials markets and the latest price moves.Jessica Long, Ruby Liu and Carrie...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies,...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...Read More

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade 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...Read More

Key data from Fastmarkets' pricing session in China on Thursday July 29.Key drivers: The vanadium pentoxide price fell following the previous rally due to weakened crude steel manufacturing demand caused...Read More

The Vietnamese steel market remained in a state of shutdown during the week ended Friday July 30 due to a worsening of the Covid-19 pandemic situation in the country, which limited interest in imported scrap, sources told Fastmarkets.Offers for bulk Japanese H2-grade material were heard at $485 per tonne cfr Vietnam, although there was a bid at $480 per tonne cfr Vietnam by a southern Vietnamese s...Read More

Spot prices for imported scrap into China were unchanged on Friday July 30 amid limited negotiations between buyers and sellers."There are hardly any offer prices for cfr China scrap in the market now. Prices for heavy scrap (HS) in Japan are quite high, which makes export deals to China very hard to clinch," a Japanese exporter source told Fastmarkets.The source indicated a market level for HS in...Read More

Weaker demand for imported containerized ferrous scrap in Taiwan as a result of lower operating rates among electric-arc furnace operators and surging Covid-19 cases in many parts of Asia dampened spot prices in the week to Friday July 30.Fastmarkets' daily price assessment for containerized steel scrap, heavy melting scrap 1&2 (80:20), United States material import, cfr main port Taiwan was $440...Read More

Lomiko Metals (TSXV: LMR; US-OTC; LMRMF) has released a preliminary economic assessment (PEA) for its 100%-owned La Loutre graphite project in southeastern Quebec, about 120 km northwest of Montreal.The PEA envisions an open-pit mine with an average annual production of 97,400 tonnes of graphite concentrate over a 14.7-year mine life for a total life-of-mine output of 1.4 million tonnes of graphi...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsThe path to decarbonising the mining industrySPONSOREDAfter what amounted to a decade-long industry trough, diamond miners are at last reporting stronger sales, with De Beers'...Read More

The first gold has been poured at Thor Exploration's (TSXV: THX; AIM: THX) 100%-owned Segilola open-pit mine in Nigeria and the company forecasts the mine will produce about 40,000 oz. gold this year.Commercial production is targeted for September when the plant will be running at a processing rate of 715,000 tonnes per year; Segilola will be Nigeria's first commercial gold mine, Thor says.Segilol...Read More

In its second acquisition in the battery metals space in six months, Sibanye-Stillwater (NYSE: SBSW), one of the world's largest primary producers of platinum, palladium and rhodium and its third-largest gold producer on a gold-equivalent basis, is buying 100% of Eramet SA's Sandouville nickel hydrometallurgical processing facility in Normandy, France, in a deal valued at ?,?65 million ($96 millio...Read More

Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company's Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the operation so far this year. The top white Type IIa gem rock, found from direct milling of ore sourced from the M/PK(S) section of the South Lobe, is also third gem quality +300 carat produced from the unit. The other two are...Read More

SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) is selling its non-core royalty portfolio to EMX Royalty (TSXV: EMX; NYSE-AM: EMX) for a total of US$100 million.The sum consists of US$33 million in cash; US$33 million in EMX shares; and US$34 million in deferred compensation payments that will be delivered on project development milestones.Once the transaction closes, SSR Mining will own about 12%...Read More

Precious metals mining company Sibanye-Stillwater is going to buy the Sandouville nickel hydrometallurgical processing facility from French mining group Eramet SA in a move to build on its strategy to diversify into the battery metals supply chain, the company said.The current Sandouville facilities, located in Normandy, France, include a hydrometallurgical nickel refinery with a capacity of 12,00...Read More