An overview of the battery raw materials markets and their latest price moves.Read More

Here are five Fastmarkets MB stories you might have missed on Monday October 21 that are worth another look.Brazilian apparent steel consumption was down by 6.4% in September, compared with the corresponding month in 2018, with demand retreating for both domestic and imported materials, national industry association Instituto A??o Brasil said on Thursday October 17.Estimated global primary alumini...Read More

Production at Yanfolila was up by 11% quarter on quarter and 37% year on year to 30,484oz of gold poured.Hummingbird's strong performance was helped by a rise in gold prices. Average gold prices for Q3 were US$1,422/oz, up from US$1,311/oz in Q2 and US$1,217 in Q3 2018, the company said"We are pleased to report that for the fourth quarter in a row production has increased and costs have decreased....Read More

Softening demand and ample availability caused manganese ore suppliers to cut their offer prices on Friday October 18. Many ore buyers in China held back from the market in anticipation of prices softening further in coming weeks after miners lowered their offer prices for November-delivery cargoes. This weighed heavily on high- and low-grade seaborne manganese prices and limited the volume of sal...Read More

The tungsten market remained cautiously bullish in Europe and China in the week to Friday October 18 due to lingering positive sentiment and tightening concentrate supply in China. The Chinese ammonium paratungstate export price rose by 4.3% week on week in response to continued strengthening in the Chinese market, but some market participants said they expect further uptrend momentum to be limite...Read More

Key data from the pricing sessions in Asia and Europe in the week to Friday October 18. China Key drivers  The high end of the antimony, MMTA standard grade II, ddp China price range continued to rise after domestic suppliers increased their offer prices on lingering bullish sentiment.   Trading activities waned after some consumers retreated from the market after completing st...Read More

BHP chief executive Andrew Mackenzie opened the meeting with remarks on safety and company culture, highlighting the company's efforts to reduce the likelihood of tailings dam failures, as well asRead More

Clive MaundThe normal and natural business cycle where periods of growth were punctuated by healthy recessions has been all but eliminated by government and Central Bank interference. The recessionary phases which saw bearmarkets and retrenchment were a part of the cycle that is essential for the maintenance of a healthy economy, because it involved the correction of excess and the elimination o...Read More

There is still a chance of Brexit by 31st October. This is the reason why cable has not crashed and gold has not zoomed. US-China trade talks will be closely watched as the month progresses. Crude oil and industrial metals will be very volatile. IMF has also said that gold and silver are hedges against inflation. After a long time, silver has been invoked as an inflation hedge. Invest in silver...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

Turkish steel producers skipped the first working day of the week, with no deep-sea bookings concluded and prices steady, sources said on Monday October 21.As a result of lack of fresh trades, the daily scrap indices remained flat at the beginning of the week.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was...Read More

Turkish domestic scrap prices increased up over the past week in response to rising imported scrap values, sources said on Monday October 21.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,380-1,505 ($239-261) per tonne on Monday, up from the TRY1,300-1,430 per tonne of last week.The upturn in the assessment came following rising b...Read More

Speaking to reporters on Friday about the widely condemned withdrawal from Northeastern Syria, President Trump claimed, "We've taken control of the oil in the Middle East - the oil we're talking about. The oil everybody was worried about. We have the U.S. is in control of that."After that comment was questioned, Trump doubled down on Friday, tweeting:And then again on Sunday, Trump tweeted:Both of...Read More

Here is what's new today on INK Ultra Money.Gold vs. Bitcoin: What Can Save You? - Real Vision (Free video)Positioning for gloom and boom with ATCO - INK Research (Subscriber video, free audio)Should every portfolio have a little exposure to bitcoin? - Real Vision (Subscriber video)Continue reading for links and summaries of each episode.1. Gold vs. Bitcoin: What Can Save You? - Real VisionA spot...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index had a quiet week adding 2 points to close at 1095.72.MACD climbed 5.6 points to 0.88. RSI edged up 6% or 2.5 points to 42.9.Support remains at 1085 and 1080. Resistance is at 1100 and 1120.The INK Canadian Insider Index outpaced the SPDR S&P 500 ETF (SPY*US) which was...Read More

Robust demand from overseas consumers of spherical graphite for the production of electric vehicles (EVs) has helped cap the downtrend in Chinese prices in the second half of this year, Fastmarkets heard on the sidelines of the Chinese Graphite Industry Association conference last week. The price of spherical graphite in China has declined steadily since the start of the year. Fastmarkets' assessm...Read More

Cobalt sellers held firm with their offer prices last week when a round of smaller-tonnage consumer purchases made up the spot market. Fastmarkets' price assessment for cobalt, standard grade in-whs Rotterdam stood at $17.75-18.10 per lb on Friday October 18, narrowing from $17.70-18.15 per lb a week earlier. The assessment for cobalt, alloy-grade in-whs Rotterdam was unchanged week on week a...Read More

Brazilian import volumes of flat steel products dipped by 22.51% in September 2019 while long steel imports almost doubled, soaring by 96.86%, according to figures from the country's economy ministry.Imports of hot-rolled coil (HRC) from China were only 619 tonnes last month, compared with 15,589 tonnes a year before.Meanwhile, China exported only 2,827 tonnes of cold-rolled coil (CRC) to Brazil,...Read More

Export prices for hot-rolled and cold-rolled coil from the Commonwealth of Independent States continued to decline over the past week, with buyers still pessimistic and waiting for prices to reach the bottom, sources told Fastmarkets on Monday, October 21.Fastmarkets' price assessment for steel HRC export, fob Black Sea, CIS was $375-385 per tonne on October 21, down from $380-395 per tonne a...Read More

HRC import prices in Asia continued to feel downward pressure over the past week, with supplies from Russia and India weighing on the spot market. Fastmarkets' weekly steel HRC import, cfr Vietnam price assessment, which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam, was $410-420 per tonne cfr in the week to Monday October 21, d...Read More