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Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

July 03, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

July 03, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam, trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt standard grade, in-whs...Read More

Happy Canada Day junior mining!

July 01, 2020 / www.canadianinsider.com

In this week's INK Market Report, we dug into the bull market taking place in Canadian junior mining stocks. Canada's venture market is in the throes of a V-shaped recovery with the S&P/TSX Venture Index ending the first six months of 2020 up an impressive 7.4%. To celebrate, below we have a special Canada Day offer to help you capitalize on the junior mining boom of 2020.Canada's Venture Index i...Read More

China's cobalt metal imports double y-o-y in May; hydroxide shipments plunge

July 03, 2020 / www.metalbulletin.com

China imported more than double the volume of cobalt metal in May compared with the same period last year due to arbitrage opportunities, according to market sources. China imported 435 tonnes of cobalt metal in May, up 107% year on year from 210 tonnes and 151% higher than April 2020 when imports totaled only at 173 tonnes, according to China Customs data. Several market participants cited the na...Read More

IN CASE YOU MISSED IT: 5 key stories from July 2

July 03, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday July 2 that are worth another look.European importers of long steel and hot-rolled coil have claimed that this week's definitive decision in the EU steel imports safeguard case review ignored the interests of independent buyers and focused protection only on steelmakers, market sources told Fastmarkets on Wednesday July 1.Chilean...Read More

EUROPE CRC: Domestic prices up on demand recovery, higher feedstock costs

July 03, 2020 / www.metalbulletin.com

European domestic prices for cold-rolled coil moved up over the week ended Wednesday July 1, supported by a degree of demand revival and higher prices for hot-rolled coil feedstock, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel cold-rolled coil, domestic, exw Northern Europe, was ?,?480-510 ($539-573) per tonne on July 1, up by ?,?10-20 per tonne week on week from ?,...Read More

EUROPE HRC: Transaction prices inch further up in the north

July 03, 2020 / www.metalbulletin.com

The daily index for hot-rolled coil in Northern Europe has inched up further supported by demand recovery and the continuing lack of competitive imports, sources told Fastmarkets on Thursday July 2.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?401.52 ($451.17) per tonne on Thursday, up by ?,?1.52 per tonne day on day from ?,?400.00 per tonne on...Read More

IN CASE YOU MISSED IT: 5 key stories from July 2

July 03, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday July 2 that are worth another look.European importers of long steel and hot-rolled coil have claimed that this week's definitive decision in the EU steel imports safeguard case review ignored the interests of independent buyers and focused protection only on steelmakers, market sources told Fastmarkets on Wednesday July 1.Chilean...Read More

EGYPT STEEL BILLET, REBAR: Billet import prices decrease, demand weak

July 03, 2020 / www.metalbulletin.com

Steel billet import prices decreased in Egypt on lower bids in the week to Thursday July 2, sources told Fastmarkets.In addition, Egypt imposed a 10% duty on imports of finished steel products under HS code 7208, 7209, 7210, 7211, 7212, 7213, 7214, 7215, and 7216, in effect from June 24.The duty does not affect semi-finished product imports, but billet is already subject to a 16% safeguard duty un...Read More

European market lambasts amended steel safeguards

July 03, 2020 / www.metalbulletin.com

European importers of long steel and hot-rolled coil have claimed that this week's definitive decision in the EU steel imports safeguard case review ignored the interests of independent buyers and focused protection only on steelmakers, market sources told Fastmarkets on Wednesday July 1.The European Commission (EC) presented its definitive decision in the safeguard case on June 30. The adjusted m...Read More

DAILY STEEL SCRAP: Market quiet while mills await clear price direction

July 03, 2020 / www.metalbulletin.com

The Turkish scrap import market was quiet on Thursday July 2, following two bookings on Wednesday, with mills stepping back to wait for lower prices, sources told Fastmarkets. On Wednesday, a steel mill in the Iskenderun region booked a cargo from the United States, comprising 16,000 tonnes of HMS 1&2 (80:20) at $256 per tonne, 6,000 tonnes of shredded at $261 per tonne and 8,000 tonnes of plate a...Read More

Canadian tax authorities recover C$82 million from Kitco in fraud case

July 02, 2020 / news.goldseek.com

This news report, translated from the original French, is 2 years old but seems to have escaped notice outside Quebec.* * *Revenu Quebec Concludes a Secret Agreement with a Gold MerchantFrom The Journal of MontrealWednesday, April 25, 2018https://www.journaldemontreal.com/2018/04/25/revenu-quebec-conclut-un-ac...Revenu Quebec has just concluded a secret agreement with the Montreal firm Metaux Ki...Read More

Precious Metals Update Video: Gold Corrects

July 02, 2020 / news.goldseek.com

By: Ira Epstein Gold price fell on Wednesday and markets will be jump with holidays starting. What to look out for price action wise:Read More

Asian Metals Market Update: July-2-2020

July 02, 2020 / news.goldseek.com

Technical trend after the release of US June nonfarm payrolls is the key. Tomorrow's US Holiday will not have any impact on trading volumes etc. No one is sleeping in the pandemic. Fomc minutes continued to accommodative monetary stance and uncertain economic outlook. Bond yields were also looked into. Impact on gold, silver and US dollar Index by FOMC Minutes: Jobs creation will be the key to...Read More

IRON ORE DAILY: Seaborne prices stable in active trading

July 03, 2020 / www.metalbulletin.com

Iron ore prices maintained their current level on Thursday July 1 amid active trading in the seaborne market and the ports in China, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $99.47 per tonne, up $0.30 per tonne.62% Fe low-alumina fines, cfr Qingdao: $102.10 per tonne, down $0.40 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $90.97 per tonne, up $0...Read More

IRON ORE MONTHLY: SGX 65% Fe contract trading volumes hit new high

July 03, 2020 / www.metalbulletin.com

Robust steel production rates in China kept seaborne iron ore prices above $100 per tonne cfr China for the whole of June, but meager profit margins are beginning to keep Chinese mills away from higher grades of the steelmaking raw material. Prices for 62% Fe iron ore averaged $102.49 per tonne cfr last month - a 10% month-on-month increases - while those for 65% Fe products averaged $115.45 per t...Read More

Junior Explorer Begins Field Work on Copper-Gold Prospect in Yukon Territory

July 02, 2020 / www.theaureport.com

The president and CEO of Granite Creek Copper outlines prospects for the Stu Copper-Gold project in this conversation with Maurice Jackson of Proven and Probable. Maurice Jackson: Welcome to Proven and Probable. Today, we're going to highlight an early-stage exploration company focused on copper, gold and silver located in the Yukon, in Canada's prolific Minto Copper District, Granite Creek Coppe...Read More

Explorer's Shares Expected to 'Materially Rerate' in H2/20

July 02, 2020 / www.theaureport.com

Recent drill results from Troilus Gold's Quebec project are analyzed in a Red Cloud Securities report. In a May 15 research note, Red Cloud Securities analyst Jacob Willoughby reported that drilling continues to grow the Southwest zone at Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) Troilus project in Quebec.Willoughby reviewed Troilus Gold's recently reported results of six holes drilled in South...Read More

Cabral Sitting on a Plateau of Gold

July 02, 2020 / www.theaureport.com

Bob Moriarty of 321gold discusses the resource calculations at this company's gold project in Brazil and explains why he's an investor. Native Gold in Quartz, Central Zone, Cui? Cui?I fully approve of garimpeiro miners. Rarely can they read and write. They can live under conditions that the majority of us could never handle. They mine in a totally different way than do the junior resource compani...Read More

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