The price of grade-304 stainless steel flat products in Europe widened downward this week in anticipation of much more substantial decreases in December, when mills were expected to bring into effect significantly lower alloy surcharges, Fastmarkets heard on Friday November 29.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivere...Read More
Monthly European alloy steel surcharges have plunged for December because of lower nickel and molybdenum costs, Fastmarkets heard on Friday November 29.Fastmarkets' December range for the stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe was ?,?1,579-1,608 ($1,738-1,770) per tonne, down by ?,?114-122 per tonne from the November values. December...Read More
Demand from key markets Vietnam and South Korea was strong this week, with major steel mills procuring large quantities of imported scrap.Taiwanese buyers also continued to pay higher for imported cargoes, although a major holiday in its key supplier the United States meant that there was less liquidity in the Taiwan import market this week.VietnamFastmarkets' price assessment for bulk shipments o...Read More
In a bid to end weeks of anti-government protests and riots that have left at least 26 people dead and 13,500 injured, Chile's political parties have agreed on a process to design a new constitution.The deal, reached in the early hours of Nov. 15, strives to resolve Chile's worst political crisis since its return to democracy a generation ago and marks a step into the unknown for a country long la...Read More
Vancouver-based Awal?(C) Resources (TSXV: ARIC) has intercepted near-surface, high-grade gold at its Empire prospect, part of its 90%-owned Odienn?(C) project in northwestern C??te d'Ivoire, close to the country's borders with Mali and Guinea.ANGET-CI, a local company, holds the other 10%.The company kicked off a 3,000-metre drill program at Odienn?(C) with 2,500 metres drilled at Empire in Octobe...Read More
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Rio forecasts its iron ore shipments to rise as much as 5% in 2020.Read full newsRead More
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