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Mexico's Ahmsa looking for partnership options

September 25, 2019 / www.metalbulletin.com

Mexico's largest integrated steelmaker, Altos Hornos de M?(C)xico (Ahmsa), has been considering capitalization options, including the sale of its ownership stake or building a partnership with another company."Regarding information published today about an alleged process of sale of the company, Ahmsa affirms it has been working with several options for capitalization or partnership with many indu...Read More

India Reduces Industry's Tax Burden

September 23, 2019 / www.diamonds.net

RAPAPORT... The Indian government has lowered the rate of goods and services tax(GST) for certain diamond work in a move that will help buoy the struggling sector, the nation's Gem & Jewellery Export Promotion Council (GJEPC) said. GST on diamond "job work" - manufacturing or otheractivities that a company outsources to a third party, such as diamond cuttingor jewelry making - will drop t...Read More

IREPAS DUSSELDORF: The more China cuts steelmaking capacity, the more Asean will grow - SEAISI

September 25, 2019 / www.metalbulletin.com

The Association of South East Asian Nations (Asean) is expecting a large number of steelmaking projects dedicated to both flat and long steel production in the next decade, covering not only regional demand but also excess volumes that may be exported, according the South East Asia Iron and Steel institute (SEAISI). The Asean regional intergovernmental organization comprises the Philippines, Indon...Read More

Canadian company touts value-add power of non-dilutive funding model

September 24, 2019 / www.mining-journal.com

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesUnder a 2016 agreement, WPM has committed to fund upfront cash payments of $140 million for development work on...Read More

GULF FLAT STEEL IMPORTS: Prices fall further as buyers await market bottom

September 25, 2019 / www.metalbulletin.com

The prices for flat steel products imported into the United Arab Emirates and Saudi Arabia have fallen this week on continuing limited demand, sources told Fastmarkets on Tuesday September 24.Buyers did not want to book big tonnages before prices hit bottom, they said.UAEOffer prices for hot-rolled coil (HRC) from China were heard at $450-460 per tonne cfr this week, with offers of India- and Japa...Read More

Codelco issues US$2B in bonds

September 24, 2019 / www.mining-journal.com

Stellar result for PolarXSPONSOREDpolarxThe company, the world's largest copper producer, aims to align its debt profile with the timelines when its structural development projects such as Chuquicamata underground, a new mine level at El Teniente, the Inca mine at Salvador, and the mine-plant transfer system at Andina, will be in full production. "These projects account for three-quarters of the e...Read More

GULF STEEL BILLET, REBAR: Billet, rebar prices down, demand weak

September 25, 2019 / www.metalbulletin.com

Import prices for steel billet and rebar in the United Arab Emirates fell this week because of soft demand, and rebar prices were also expected to decline, sources said on Tuesday September 24.Market participants expected that new domestic rebar prices would be announced in the near future, Fastmarkets heard.Billet importsBillet was on offer from Oman at about $405-410 per tonne cpt, and $390 per...Read More

First Quantum in talks to sell Zambia copper stake

September 24, 2019 / www.mining-journal.com

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesThe Toronto-based miner on Monday refuted Bloomberg reports last week saying the company was drawing preliminar...Read More

RUSSIA FLAT STEEL: Prices down on seasonal demand slowdown

September 25, 2019 / www.metalbulletin.com

Steel hot-rolled sheet prices in Russia's Central Federal District around Moscow have declined over the week to Monday September 23 due to the seasonal slowdown, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-rolled sheet, domestic, cpt Moscow, Russia was 43,000-44,000 roubles ($671-687) per tonne on September 23, including 20% VAT, narrowing downward from 43,000-44,90...Read More

Positive PEA for Highland Copper's White Pine North

September 23, 2019 / www.mining-journal.com

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesBased on geotechnical data last updated in 2015, the company reported White Pine North could be profitable as a...Read More

KGHM mulls resubmitting Ajax application

September 23, 2019 / www.mining-journal.com

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesIn the wake of the federal rejection of the Ajax opencast development on environmental grounds in June last yea...Read More

Market Summary: Still hostage to macro and trade war headwinds

September 24, 2019 / www.metalbulletinresearch.com

Still...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subs...Read More

Aluminium: One step forward, two steps back

September 24, 2019 / www.metalbulletinresearch.com

Poor German PMI, Middle East tensions...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More

Technical analysis: Rolling over

September 24, 2019 / www.metalbulletinresearch.com

Aluminium The LME three-month aluminium price briefly traded...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus d...Read More

Copper: Vulnerable to more short-covering

September 24, 2019 / www.metalbulletinresearch.com

In this week’s analysis, we review...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue a...Read More

Steelmaking Raw Materials Trade Log, September 24, 2019

September 25, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Latest transaction:Pig ironSouth...Read More

Lead: Trying to erode $2,100/t resistance

September 24, 2019 / www.metalbulletinresearch.com

Resistance above $2,100 per tonne...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More

Nickel: Post-peak trading still orderly

September 24, 2019 / www.metalbulletinresearch.com

There has been a plethora of nickel-specific data...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the late...Read More

Tin: Likely to enter a catch-up phase

September 24, 2019 / www.metalbulletinresearch.com

Tin prices have become...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’...Read More

Zinc: Bearish risks overhanging price outlook

September 24, 2019 / www.metalbulletinresearch.com

Structural tightness begins to ease The...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue a...Read More

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