Here are five Fastmarkets MB stories you might have missed on Tuesday December 17 that are worth another look.Import prices for steel slab in Southeast Asia and East Asia were stable during the past week, as suppliers' attempts to achieve higher prices failed despite the recovery in downstream hot-rolled coil prices.Market observers do not expect planned interruptions to power supply in South Afri...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comDec 17, 2019The amount of debt in both China and the United States is horrifying and it continues to grow.Debt growth is worshipped by millions of people who think it is a cure rather than a disease. Pleaseclick here now. Until the trade war began, the Chinese government was pressuring the...Read More

Market observers do not expect planned interruptions to power supply in South Africa by Eskom to affect deliveries from South32's Hillside aluminium smelter, they told Fastmarkets.State power utility Eskom implements load shedding - controlled power blackouts - to reduce pressure on the country's electricity grid when power is severely constrained.Last week it was forced to implement stage 6 load...Read More

Benchmark alumina prices have failed to trade above $300 per tonne since August 2019 and are likely to remain under pressure in 2020 partly because aluminium companies are diversifying along the supply chain, market participants said. There has been a sharp drop in alumina prices in 2019 - Fastmarkets' benchmark alumina index, fob Australia averaged $279.56 per tonne in November, 26.8% lower...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide additional details on its core drilling plans for the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figures 1 & 2).The fully funded $2M planned drill p...Read More

Among those companies were a mix of private explorers and project aggregators, spending millions of dollars in compliance-related funding to try to get funding for exploration, including Murray BasinRead More

All segments of the metals industry - especially aluminium and steel producers that supply the aerospace sector - are likely to be affected by Boeing's decision to suspend production of its grounded 737-Max airplanes in January 2020, an industry expert told Fastmarkets.Metals suppliers who provide materials to airplane parts manufacturers on shorter lead times - within three to six months - will b...Read More

Sierra Rutile is now worth just US$50 million, after Iluka chopped $290 million off its valuation, admitting the African enterprise had not met the investment case that underpinned the $330 millionRead More

Stewart Thomson, Graceland Updates 1. The amount of debt in both China and the United States is horrifying and it continues to grow. 2. Debt growth is worshipped by millions of people who think it is a cure rather than a disease. 3. Please click here now. Until the trade war began, the Chinese government was pressuring the country's private sector to reduce...Read More

Stefan Gleason, Money MetalsGold and silver prices remain mired in weeks-long trading ranges. They are essentially moving sideways - for now.Precious metals mining stocks, however, are moving up. The chart of the HUI gold miners index shows an uptrend in place since mid October.The HUI has traded above its 50-day moving average for several days in a row. The 50-day line itself is now also curlin...Read More

Economic news will be the key for now. Hedge funds and others are increasing their allocation to stocks for the first quarter of next year. It remains to be seen if gold ETF and gold investment demand see significant outflows. At current prices, I am against new very short term investment in gold. Silver use any 100-150 fall (if any) to invest. TODAY: It is wait and watch trade for gold, crude o...Read More

Turkish steel mills made no fresh deep-sea transactions on Tuesday December 17, with prices remaining stable, market sources said.Mills started the week by booking two Baltic Sea cargoes on Monday for February shipment.A steel mill in northern Turkey booked a Baltic Sea cargo comprising 10,000 tonnes of HMS 1&2 (80:20) at $299 per tonne cfr, 15,000 tonnes of shredded at $304 per tonne cfr, and 3,5...Read More

Indonesian ferrous scrap buyers are still cautious about purchasing imported cargoes even after state-owned surveyor KSO Sucofindo resumed inspections this week."Some traders are rushing to buy cargoes to supply Indonesian customers again but not all buyers are in the market yet," an industry source in Singapore told Fastmarkets on Tuesday December 17.Negotiations for containerized ferrous scrap i...Read More

Broader markets are generally still upbeat this morning, Tuesday December 17, with equities in Asia following the lead from western markets on Monday, although the metals are for the most part consolidating.The fact the metals are holding on to recent gains is impressive considering Monday's flash purchasing managers' index (PMI) data out across Europe and the United States was generally weak. It...Read More

LUCKNOW - Today, Associate Minister of Energy Bill Walker announced that the government is expanding access to natural gas to more families and businesses throughout rural, northern Ontario and Indigenous communities.The Ontario Energy Board (OEB) will begin the process of collecting information about natural gas expansion opportunities across Ontario and develop a report on eligible projects for...Read More

Fastmarkets' Middle East Iron and Steel 2019 event brought together hundreds of the region's top industry executives for meetings, panels, seminars and more this month in Dubai.Delegates left the conference armed with valuable insight to better navigate the industry waters made turbulent by safeguards and other protectionist policies. Participants heard calls from the Turkish steel industry for a...Read More

Here is what's new today on INK Ultra Money. All Canadian Insider users have access to today's free video and audio, while Canadian Insider Club Ultra members have access to all premium videos from Real Vision and INK Research. If you are not an Ultra member of the Canadian Insider Club, join today and save $99 on an Ultra membership every year (until you cancel) by using coupon code BLACKBOX at...Read More

Domestic transaction prices for hot-rolled coil in Northern Europe increased on Tuesday December 17, supported by a lack of lower offers as well as solid demand, market sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index domestic, ex-works Northern Europe was ?,?436.47 ($486.17) per tonne on Tuesday December 17, up from ?,?431.88 per tonne on Monday.The index was based on deals...Read More

Export prices of hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States have climbed further because of tight availability and rising local prices at outlet regions, market sources said on Monday December 16.Fastmarkets' weekly price assessment for steel HRC, export, fob Black Sea was $460-470 per tonne on Monday, up from $425-435 per tonne a week earlier.One sale of Russ...Read More

Fastmarkets' Middle East Iron and Steel 2019 event brought together hundreds of the region's top industry executives for meetings, panels, seminars and more this month in Dubai.Delegates left the conference armed with valuable insight to better navigate the industry waters made turbulent by safeguards and other protectionist policies. Participants heard calls from the Turkish steel industry for a...Read More