Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia.Read More

Domestic steel rebar prices in Poland surged in the week to Friday December 4, supported by strong demand and long lead times, sources told Fastmarkets.Polish rebar producers were seeking higher prices this week amid good buying activity and a shortage of material.Local mills have already accounted for December production, according to sources."Prices are soaring in Poland - it's a...Read More

German steelmaker Thyssenkrupp is conducting a joint feasibility study with energy company STEAG to develop a hydrogen hub to be used in green steel production at its Duisburg site, the company said on Thursday December 3.The study will focus on construction of a water electrolysis plant at the STEAG site in Duisburg-Walsum by Thyssenkrupp Uhde Chlorine Engineers, the structuring of energy supply...Read More

The price for pig iron exports from Brazil increased again during the week to Friday December 4 mainly because of a global uptrend, although trade from the country was muted over the week.Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil, at $420 per tonne on Friday, up from $405 per tonne a week before.No new sales were heard from the south of Brazil during the w...Read More

The main global scrap markets continued to move higher in the week to Friday December 4, with most markets continuing regular purchases of material. Turkish steel mills continue to pay higher pricesUnited States market remains subdued post-holidayVietnam reports higher pricesTaiwan market reports optimistic sentiment and tight supplyIndian market expresses uncertainty over higher pricesTurkeyTurki...Read More

The prices of alloy steel scrap in the UK domestic market were largely unchanged this week despite lower nickel costs, because tight supply continued to provide pricing support, sources told Fastmarkets on Friday November 4.Fastmarkets' weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, on Friday was ?950-980 ($1,276-1,316) per tonne, narrowing downwa...Read More

Steel slab export prices from Brazil soared in the week ended Friday December 4, rising above $600 per tonne fob when producers with low availability raised their prices and focused on high-paying markets.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, was $590-600 per tonne fob on December 4, up by $60-75 per tonne from $515-540 per tonne on November 27.The asse...Read More

The publication of Fastmarkets' CIS billet export index for Friday December 4 has been delayed because of a reporter error in setting the publishing time. Rather than the scheduled time of 16.00 UK, the index will be published at 18.00 UK time.The Fastmarkets price book and database for the steel billet index, export, fob Black Sea, CIS, will both be updated at that time.For more information, or t...Read More

German steelmaker Thyssenkrupp is conducting a joint feasibility study with energy company STEAG to develop a hydrogen hub to be used in green steel production at its Duisburg site, the company said on Thursday December 3.The study will focus on construction of a water electrolysis plant at the STEAG site in Duisburg-Walsum by Thyssenkrupp Uhde Chlorine Engineers, the structuring of energy supply...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...Read More

Liberty Gold Corp. announced infill drill results from two zones at its Black Pine Project that included 1.41 g/t Au over 22.9 meters and 1.51 g/t Au over 56.4 meters. Three Liberty Gold Black Pine DiscoveriesIn a news release, Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced additional results from reverse circulation (RC) drilling at its Carlin-style Black Pine oxide gold property located in...Read More

Trafigura is setting its sights on hydrogen as the new fuel source of the future and has earmarked $62 million for transport-centered hydrogen technology investments.It will pump $20 million into hydrogen firm H2 Energy to develop the production, storage and distribution of green hydrogen for refueling stations and industrial customers.The remaining $42 million will be used to fund the development...Read More

My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years.  If not, check out Part I and Part II of our recent Gold and Silver research and price predictions. Today, we are seeing further evidence that metals are...Read More

Gold and silver exchange-traded funds (ETFs), a measure of large investor interest, areexperiencing outflows as opposed to an almost interrupted inflow over the lastfew months.Mining stocks which either look for orproduce these metals have been moving sideways, testing the "mettle"of even perma-bulls.Many investors see these as negative signs. But I view it as a Mr. Market's last big eff...Read More

Gold plunged below $1,800. Will these declines finally end?November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27). What is going on? Well, it seems that investors have switched into a risk-on state of mind, which sent the safe-haven asse...Read More

It’s crunch time for gold and the U.S.Dollar Index (USDX), as they find themselves at a crossroads. As of Wednesday,the USDX is holding its lows but wants to move up, thus invalidating itsbreakdown. And gold? Well, gold did gain a bit today, but it’s essentiallyjumping up in an elevator that’s moving down – it just doesn’t have enoughsteam to break out.While it’...Read More

Although the apparent results of the 2020 election are still being contested, members of the global ruling elite are already looking forward to a post-Trump era in American politics – and a post-vaccine world economy.They have encapsulated their policy agenda for 2021 and beyond into two words: “Great Reset.”The notion of a Great Reset comes directly from the World Economic Forum...Read More

ArcelorMittal is to increase its official spot offer price for second-quarter rolling hot-rolled coil across Europe to ?,?650 ($788.56) per tonne ex-works effective immediately, sources told Fastmarkets on Friday December 4.They added that the traditional gap between offers in Northern and Southern Europe has now disappeared altogether.Offers of hot-dipped galvanized coil also moved up to ?,?...Read More

An acute shortage of containers and new rule changes by container lines have combined over the past week to again raise containerized shipping costs for commodity market participants.Trading sources told Fastmarkets that container lines have not only continued to raise freight rates but have also introduced additional measures that will serve to make life increasingly difficult for companies invol...Read More

German steelmaker Thyssenkrupp is conducting a joint feasibility study with energy company STEAG to develop a hydrogen hub to be used in green steel production at its Duisburg site, the company said on Thursday December 3.The study will focus on construction of a water electrolysis plant at the STEAG site in Duisburg-Walsum by Thyssenkrupp Uhde Chlorine Engineers, the structuring of energy supply...Read More