Domestic prices for hot-rolled coil in Northern Europe were unchanged day on day on Monday August 17, after a gradual increase last week, sources have told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?419.17 ($496.32) per tonne on Monday August 17, unchanged from August 14.The index was, however, up by ?,?5.00 per tonne week on wee...Read More

Domestic prices for steel hot-rolled coil across Europe increased further over the week to Friday August 14, despite seasonally slow market activity.Buyers told Fastmarkets they expect prices to continue the recovery in September when market activity improves after the summer slowdown.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe was calculated a...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 continued its purposeful upward climb and added 21.74 points or 2.1% and closed at 1069.58. The INK CIN is now up over 11.5% in the past 6 weeks.MACD dipped 1.48 to 1.41. RSI remained steady, dropping just 0.16 points to 76.36. It has now been trading elevated above 7...Read More

Here are five Fastmarkets stories you might have missed on Monday August 17 that are worth another look.The board of directors of Brazil-based miner Vale has approved a project to expand capacity in the miner's Serra Sul iron ore site, in the country's northern Caraj??s region, by 20 million...Read More

Prices for rebar in Russia's Central Federal District around Moscow remained flat over the week to August 17, while sentiment in the market remained bullish on good demand from construction, sources said.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia was 35,000 roubles ($480) per tonne on Monday, including 20% VAT, flat with the week before and...Read More

The domestic steel rebar price in Brazil increased for the second consecutive month in August, after steelmakers' attempts to raise it in July were successful, market participants said.Fastmarkets' monthly assessment of steel reinforcing bar (rebar) domestic, delivered Brazil was 2,510-2,620 Reais ($463-483) per tonne on Friday August 14, up from 2,410-2,530 Reais per tonne on July 10.As well as r...Read More

Here are five Fastmarkets stories you might have missed on Monday August 17 that are worth another look.The board of directors of Brazil-based miner Vale has approved a project to expand capacity in the miner's Serra Sul iron ore site, in the country's northern Caraj??s region, by 20 million...Read More

Turkish domestic scrap prices increased over the past week in line with strengthening domestic finished steel prices and imported scrap costs, sources said on Monday August 17.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey was 1,890-2,115 lira ($257-288) per tonne on Monday, up from 1,720-2,045 lira per tonne last week.A number of steel mills ra...Read More

The board of directors of Brazil-based miner Vale has approve a project to expand capacity in the miner's Serra Sul iron ore site, in the country's northern Caraj??s region, by 20 million tonnes to 120 million tonnes per year. The Serra Sul 120 project will expand the production capacity of Vale's S11D mine and plant, which is the main unit in the Caraj??s region, with start-up expected to the fir...Read More

Exporters of steel slab from the Commonwealth of Independent States (CIS) managed to strengthen their positions further in mid-August by signing several contracts with traditional customers at higher prices.The continuing positive trend in the finished flat steel products sector, both in customers' markets and in the CIS region, as well as the reduced availability of slab, were the main reasons fo...Read More

The story of how an inner city liquor store grew its business serves as an example of what sector expert Michael Ballanger calls " a compelling revelation of 'academics versus practicality.'" In watching the travesty of disinformation, misinformation and moral hazard formation ongoing in the global financial markets, I am immediately reminded of a case study from my university days of which I was...Read More

Troilus Gold's updated resource and its leverage to the gold price are discussed in a Canaccord Genuity report. In a July 29 research note, analyst Tom Gallo reported that Canaccord Genuity raised its target price on Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) after the explorer released an updated Troilus project resource and after the financial services firm applied a revised gold price of CA$2,0...Read More

This system, on X-Terra Resources' property, correlates with historical, undrilled electromagnetic anomalies, the company noted. X-Terra Resources Inc. (XTT:TSX.V; XTRRF:OTCMKTS; XTR:FSE) identified a new mineralized system at its Troilus East project in Northern Quebec and near the former Troilus open pit, it announced in a news release.During its initial prospecting of Troilus East, Quebec-base...Read More

Gold Standard Ventures will use the proceeds from common share sales it makes through the program to advance its flagship project in Nevada. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release it created an at-the-market (ATM) equity program.Under the new program, developed with the assistance of BMO Capital Markets, the gold explorer and developer plans to issue up to...Read More

Irving Resources states drilling provides "solid confirmation a significant precious metal vein system underlies the Nanko target." In a news release, Irving Resources Inc. (IRV:CSE; IRVRF:OTCMKTS) announced that the first two holes drilled in the Nanko target at the Omui mine site of its Omu gold project in Japan indicate the presence of a strong mineralizing system."We now have solid confirmati...Read More

GoldMining states the new member brings to Gold Royalty extensive experience with financings and investments in the mining space. GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) announced in a news release that Warren Gilman joined the board of directors of its subsidiary, Gold Royalty Corp. "With his 30 years of experience as a deal maker and investor in the metals and mining sector, Warren will be an i...Read More

Shares of Comstock Mining reached a new 52-week high today after the firm reported positive Q2/20 financial and operating results highlighting debt restructuring, non-mining asset sales and a new mercury remediation venture. Underground mine stock photoComstock Mining Inc. (LODE:NYSE.MKT) today announced that it filed its Form 10-Q quarterly report last week and reported selected strategic and fi...Read More

The domestic steel rebar price in Brazil increased for the second consecutive month in August, after steelmakers' attempts to raise it in July were successful, market participants said.Fastmarkets' monthly assessment of steel reinforcing bar (rebar) domestic, delivered Brazil was 2,510-2,620 Reais ($463-483) per tonne on Friday August 14, up from 2,410-2,530 Reais per tonne on July 10.As well as r...Read More

China's auto producers scaled back their output in July and sold fewer cars in comparison with a month earlier, the China Association of Automobile Manufacturers (CAAM) reported last week.The country produced 2.20 million vehicles last month, down by 5.3% from June. Its auto sales amounted to 2.11 million units, down by 8.2% month on month, CAAM said.But despite the month-on-month drops, China's a...Read More

The board of directors of Brazil-based miner Vale has approve a project to expand capacity in the miner's Serra Sul iron ore site, in the country's northern Caraj??s region, by 20 million tonnes to 120 million tonnes per year. The Serra Sul 120 project will expand the production capacity of Vale's S11D mine and plant, which is the main unit in the Caraj??s region, with start-up expected to the fir...Read More