Here are five Fastmarkets stories you might have missed on Wednesday December 16 that are worth another look.A collaboration between metals and mining companies including Anglo American, Glencore and Tata Steel have released a proof of concept carbon tracing platform to trace emissions across the value chain using distributed ledger...Read More

"With regard to interest rates, we continue to expect it will be appropriate to maintain the current 0-0.25% target range for the federal funds rate until labour market conditions have reached levels consistent with the committee's assessments of maximum employment and inflation has risen to 2% and is on track to moderately exceed 2% percent for some time," he said.Gold rose to US$1,865 an ounce o...Read More

Chilean copper producer Codelco renewed its labor agreement with the workers' unions representing employees at the Ventanas division located in the country's central Valpara?-so region, the state-owned miner said on Tuesday December 15.The new contracts will be effective for 36 months from February 1, 2021 for Union No.1 and from May 1 for the Turnados Union, Codelco said. Similar to the deal...Read More

Three mines on three continents are examples of what's happening in copper, the metal voted by investors as the most likely to succeed in both the old world of construction and plumbing and the newRead More

Global nickel premiums were largely unchanged in the week to Tuesday December 16, while in China, prices for nickel pig iron (NPI) and nickel sulfate responded positively to improved buying interest and strong nickel prices on the LME. European and US premiums both steady in thin marketChina's NPI and nickel sulfate prices up; plate premiums static LME price spike keeps European premiums firm desp...Read More

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW / TSX-V:SIM / FRA: WK3D) (the "Company" or "Siyata") announced the commercial launch of its Uniden (R) Mobile Coverage Kit (MCK), which is intended to empower first responders and government agencies to stay connected even in remote areas where cellular coverage is weak.Siyata's Uniden (R) MCK is designed to significantly improve cellular...Read More

Seaborne charge chrome ferro-chrome deals concluded at higher prices in the week to December 15 in response to tight availability of material, which ended four weeks of stability, sources said.Fastmarkets' ferro-chrome, 50% Cr, import, cif main Chinese ports assessment was at $0.72 per lb contained Cr on Tuesday, up by 2 cents or 2.9% from $0.70 per lb the preceding week. The increase in imported...Read More

Here are five Fastmarkets stories you might have missed on Wednesday December 16 that are worth another look.A collaboration between metals and mining companies including Anglo American, Glencore and Tata Steel have released a proof of concept carbon tracing platform to trace emissions across the value chain using distributed ledger...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and Michael Greenfield in London, Susan Zou...Read More

Here are five Fastmarkets stories you might have missed on Wednesday December 16 that are worth another look.A collaboration between metals and mining companies including Anglo American, Glencore and Tata Steel have released a proof of concept carbon tracing platform to trace emissions across the value chain using distributed ledger...Read More

Turkish deep-sea scrap import prices continued to climb on Wednesday December 16, with fresh bookings heard from Europe and the Baltic Sea regions, sources told Fastmarkets.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $435 per tonne and bonus at $445 per tonne cfr. The cargo composition could not be verified at the time of publication.Another steel...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday December 16.Key drivers Ferro-titanium has jumped more than 11% during the week to Wednesday December 16 to a peak last seen in January 2013 amid a flurry of orders from consumers in the steel sector, both for prompt shipment and for deliveries in January and February. The titanium scrap markets, where supplies have been getting tig...Read More

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally firmer this morning, Wednesday December 16, with prices holding up in high ground, backed by optimism that vaccines will lead to stronger recoveries next year, while the weaker dollar and concerns about inflation were also supportive. Japan's flash manufacturing purchasing managers index (PMI) climbed...Read More

Here are five Fastmarkets stories you might have missed on Wednesday December 16 that are worth another look.A collaboration between metals and mining companies including Anglo American, Glencore and Tata Steel have released a proof of concept carbon tracing platform to trace emissions across the value chain using distributed ledger...Read More

Hot-rolled coil prices in the United States continued to test 12-year highs following a wave of quietly announced but successful mill increases, market participants said.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $48.89 per hundredweight ($977.80 per ton) on Wednesday December 16, up 5.3% from $46.44 per cwt on Tuesday December 15 and up 11.1% from $44 per cwt a...Read More

Share this article SUDBURY - The Federal Economic Development Initiative for Northern Ontario and the Northern Ontario Heritage Fund Corporation plan to create more than 100 full-time jobs, to improve Canada's supply chain and reduce import dependency for electric vehicle battery production.The Government of Canada and the Government of Ontario are each investing $5 million in the First Cobalt Co...Read More

Share this articleTORONTO - Kirkland Lake Gold Ltd. (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that a quarterly dividend payment for the fourth quarter of 2020 of US$0.1875 per common share will be paid on January 14, 2021 to shareholders of record as of the close of business on December 31, 2020. The US$0.1875 per share payment represents a 50% increase in the quarterly dividend from the previo...Read More

Domestic transaction prices for hot-rolled coil increased substantially across Europe in the week to Wednesday December 16 due to a shortage of material in the market, sources told Fastmarkets.But the number of transactions and volumes were reported to be limited due to buyers' concern that the price rise is unlikely to be sustainable for long.Fastmarkets calculated its daily steel hot-rolled coil...Read More

Just before our office closed for the holidays, I had the pleasure of sitting down and talking about the state of the markets heading into 2021 with the founder and president of Angel Publishing, Brian Hicks.These thoughtful discussions I have with colleagues are hands-down one of my favorite parts of the job. It's incredibly rewarding to listen to and discuss ideas with top-notch analysts and the...Read More

Wire rod prices in the United States have jumped higher in response to significant scrap price increases, with mills passing those costs along to consumers, as well as a falling dollar, which has pushed import prices even higher - making them less competitive against domestic supply, Fastmarkets has learned.Fastmarkets' monthly price assessment for steel wire rod (low carbon) industrial quality, f...Read More