Global tin ingot premiums notched significant increases in the two weeks to Tuesday February 23, with premiums in both the United States and Taiwan reaching new highs; at the same time, tight global tin supply has begun affecting European business, prompting a 22% rise in the Rotterdam ingot premium. US tin imports close to nil; premium surges to new high Taiwan tin trade gets liquidity boost...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday February 24.Please click...Read More

Bob Moriarty ArchivesFeb 24, 2021In the wild, animals tend to stick together because there is safety in being part of the herd. In investing the opposite is true. If you go to a party or are standing in line at the supermarket and everyone is talking about real estate or Tesla, or bitcon or even gold, that means it’s time to sell. When the entire herd knows something there is no investment o...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") an intelligent SaaS platform used for distribution of product information to any retailer globally, announces growing Mesh Connector?,,? sales and additional channel requests from a New York Stock Exchange-listed Fortune 1000 global hardware company with annual revenue in excess of $3 billion per year.The client...Read More

Coal output in the South American nation, the world's fifth largest exporter, hit a 16-year low in 2020 at 54.1 million tonnes, a 33% fall from the 80.3Mt in 2019 and 82.Read More

Manganese ore prices are likely to remain supported due to the strong rand and soaring freight rates, as well as logistical disruptions and healthy downstream demand, sources said.Fastmarkets manganese ore index 37% Mn, cif Tianjin was last calculated at $4.65 per dry metric tonne (dmtu) on Friday February 19, up nearly 14% over the past six months and about 4% year on year.But a stronger rand mea...Read More

Nickel futures prices in London rose on Wednesday February 24 after the world's top producer, Norilsk Nickel, announced it had suspended production at two of its mines: Oktyabrsky and Taimyrsky. The London Metal Exchange three-month nickel price was recently trading at $19,660 per tonne, 1.5% higher than at the 5pm close on Tuesday February 23.The price has rallied significantly in February, curre...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 24 that are worth another look.Brazilian steel prices have reached an equilibrium in comparison with international prices and are expected to remain at current premiums to imports, Gerdau chief executive officer Gustavo Werneck said...Read More

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

Turkish deep-sea scrap import prices continued to rise after fresh transactions came to light on Wednesday February 24, sources told Fastmarkets.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $445 per tonne and 5,000 tonnes of bonus at $455 per tonne cfr late on Tuesday February 23.Another steel mill in the same...Read More

Fresh deals to South Korea and Taiwan have raised Japanese export scrap prices over recent days, market participants told Fastmarkets on Wednesday February 24.Bullish sentiment in the market was underpinned by major Japan steel scrap buyer Tokyo Steel raising its buy prices by ?500 per tonne across all factories on Wednesday. The price hike, the second this week of its kind, means the steelmaker...Read More

Higher Japanese offers are heating up prices in the China import scrap market, sources told Fastmarkets on Wednesday February 24.Chinese buyers have focused more on procuring steel billet imports since the market returned from its Lunar New Year holidays earlier this month, with few recent scrap sales heard.Fastmarkets' price assessment of steel scrap, heavy recycled steel materials was at $470-47...Read More

Share this articleVANCOUVER - American Lithium Corp. (TSX-V: LI, OTCQB: LIACF, Frankfurt: 5LA1) reported it has been named to the 2021 TSX Venture 50, an annual ranking of top-performing listed companies on the TSX Venture Exchange.The 2021 TSX Venture 50 is an annual ranking of the top-performing listed companies from five industry sectors: Clean Technology and Life Sciences, Diversified Indust...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday February 24, with tin on the LME and the SHFE April copper contract in positive territory, while the rest were weaker.US Federal Reserve Chairman Jerome Powell told Congress that rates would stay low and the central bank would maintain strong support for the economyAsian-Pacific equitie...Read More

No matter how you look at the deep freeze that took place in Texas more than a week ago, the single, unerring fact that everyone agrees upon is that it was a complete disaster.Even more troubling was the rampant misinformation that flooded the media headlines.We're not talking random Twitter accounts regurgitating some narrative either.Like everything else lately, it didn't take long for the polit...Read More

The Chinese domestic price of cobalt metal surged in the first half of this week amid tightened supply and robust demand from the battery supply chain.Fastmarkets' assessment of cobalt 99.8% Co min, ex-works China rose to 390,000-420,000 yuan ($60,450-65,100) per tonne (approximately $24.26-26.13 per lb less China value-added tax) on Wednesday February 24, up by 11.3% from 358,000-370,000 yuan per...Read More

Premiums for nickel plate and briquette in China were flat in the week to Tuesday February 23 amid a lack of spot activity, but the nickel sulfate price in the country rose to a fresh all-time high, with a robust domestic electric vehicle (EV) market providing support.Premiums in Europe were also unchanged this past week, as were those for briquette in the United States, but US cut cathode premium...Read More

Domestic prices for hot-dipped galvanized coil increased again in Europe over the week to Wednesday February 24, due to a material shortage, sources have told Fastmarkets.In addition, demand from both end-consumers and distributors has been high, market participants said.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil, domestic, exw Northern Europe, was ?,?850-870 ($1,033...Read More

Domestic prices for steel heavy plate decreased in Italy over the week to Wednesday February 24 due to poor demand, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?630-640 ($766-778) per tonne on February 24, down by ?,?10 per tonne week on week from ?,?640-650 per tonne.The assessment was based on offers and deals he...Read More

Domestic prices for steel hot-rolled coil in Europe continued to recover over the week to Wednesday February 24, supported by material shortages combined with good demand, sources have told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?730.68 ($888.23) per tonne on Wednesday, up by ?,?4.68 per tonne from ?,?726.00 per tonne on Februa...Read More