Steel plate prices in the United States were steady again during the week ended Friday August 23, indicating that the two rounds of price increases announced by domestic plate mills have failed to gain traction.Fastmarkets' price assessment for steel cut-to-length plate carbon grade, fob mill US, was at $35.50 per hundredweight ($710 per short ton) on Friday August 23 - unchanged since July 19.&nb...Read More

RAPAPORT... The organizers of the Hong Kong Jewellery & Gem Fair have assured the trade that the September show will take place as planned, and denied claims that exhibitors are requesting it be postponed due to ongoing protests in the municipality. "We have not received demands for cancellation as stated ina joint letter recently sent to us by three trade associations," Celine Lau, director o...Read More

Chinese reinforcing bar has regained full competitiveness in the Singapore import market, with offers falling to levels on par with Indian and Turkish rebar.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore - which mainly looks at cargoes sold into Singapore on a theoretical-weight basis - was at $475 per tonne for the week to Monday August 26,&...Read More

Import prices for steel slab in Southeast Asia and East Asia were flat during the past week, although market sentiment became more bearish after trade tensions between China and the United States escalated, market sources said.China's Ministry of Finance announced last week that it would impose import tariffs of 5-10% on US products in stages from September 1. "The worsening trade situation is lik...Read More

An exceptionally rare and highly important pale greyish-green jade carving of a dragon head, Tang dynasty (AD 618-907), 16.5 cm long, estimated to sell for $2.5 to $3.5 million,  is offered in the Important Chinese Ceramics and Works of Art auction of September 13, at Christie's in New York This pale greyish-green jade dragon head comes to auction at Christie's in New York from the...Read More

Miranda Hollingshead wasn't going to search for diamonds - she only wanted to know HOW to find them. She still ended up leaving with a 3.72-carat rough stone. Hollingshead, of Bogata, Texas, visited Arkansas's Crater of Diamonds State Park for the first time. But according to Hollingshead, that wasn't her original plan. "I was just going to pick up a transmission that day, but my s...Read More

The World Diamond Council published a report, written by WGC Research Manager Ray Jia, that during the past five years, Chinese retail jewelers have seen their profit drop. Some retailers have even seen net profits shrinking over the period. Most of them have made efforts to address this by introducing high-margin and innovative products "such as 3D-hard gold and "5G" gold." Jia noted that in rece...Read More

Ernest Blom, president of the World Federation of Diamond Bourses (WFDB) said the issue of lab-grown diamonds (LGD) would - once again - be on the agenda of the event, with a panel discussion featuring industry experts. "What distinguishes natural diamonds from lab-created diamonds, apart from the whole love element, is that natural diamonds are a non-renewable source," Blom says. "The supply...Read More

China's rebar market softened on Monday August 26 amid escalating trade friction between the country and the United States, with both sides announcing tariffs against the other's products ahead of the weekend.Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($513-517) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,590-3,610 yuan per tonne, down 10-20 yuan per tonneThe Chinese gove...Read More

The Antwerp World Diamond Centre (AWDC) will open its doors on the Industry Open Company Day organized by the Flanders' Chambers of Commerce. On this day, in Flanders, hundreds of companies open their doors to the public, enabling it to take a look behind the scenes visit. At the AWDC, visitors will help diamond enthusiasts discover the fascinating world of diamonds and teach them how to buy...Read More

Alrosa, a world leading diamond miner, will hold its annual True Colors auction of fancy color diamonds for the second time in upcoming September. Alrosa held its first auction for fancy color diamonds in 2018 as part of its strategy to become a recognized, authoritative source for fancy color diamonds. Prospective buyers can view the diamonds during the Hong Kong Jewellery & Gem Fair, from t...Read More

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, plate, sheet and other flat steel products.Hot-rolled coilEast China, domestic, commercial-grade HRC...Read More

China's hot-rolled coil prices dropped in both the spot and futures markets on Monday August 26, amid escalating trade tensions between the country and the United States.DomesticEastern China (Shanghai): 3,670-3,680 yuan ($517-519) per tonne, down 50 yuan per tonneNorthern China (Tangshan): 3,650 yuan per tonne, down 50 yuan per tonneSpot prices plunged after mills lowered their offers in the morn...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaPeel cracks Cobar codeSPONSOREDpeel miningThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningHowever the pair have terminated the letter of intent relating to EAM's nearby majority-owned Harvest project containing the Terakimti gold heap leach projec...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe United States Bureau of Land Management has completed the DEIS for the Ambler Mining District Industrial Access project, with public comments on the proposed access road accepted until October 14.The permitting process has been five years in the making for the company. Quality emerges at Galan's blue-chip lithium...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningPeel cracks Cobar codeSPONSOREDpeel mining"Recent exploration by AWX within a recently identified Miocene porphyry copper-gold belt on northern Vancouver Island has resulted in the discovery of a sig...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Iron oreVale, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62% Fe Brazilian Blend fines, traded at the October average of Fastmarkets' index for iron ore 62% Fe low-alumina fines, cfr Qingdao and another 62% Fe index, plus a premium of $1.60 per tonn...Read More

Seaborne coking coal prices gained some strength on Monday August 26, in line the expectations of some segments of the market last week.Fastmarkets indicesPremium hard coking coal, fob DBCT: $154.28 per tonne, up $0.61 per tonnePremium hard coking coal, cfr Jingtang: $166.25 per tonne, up $0.13 per tonneHard coking coal, fob DBCT: $138.76 per tonne, unchangedHard coking coal, cfr Jingtang: $153 pe...Read More

Seaborne iron ore concentrate continued to fetch narrower discounts last week, while the pellet market stayed soft.ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao was at $93.12 per tonne last Friday August 23, down $3.16 per tonne from a week earlier. The movement was based on visible market activity detailed below, which was included in the index calculation acco...Read More

(Corrects company name to Antofalla Minerals in paragraph 6,(not Antofagasta Minerals)) By Cassandra Garrison BUENOS AIRES, Aug 26 (Reuters) - Argentina's oppositioncandidate Alberto Fernandez met with mining companies on Mondayin capital Buenos Aires to discuss his plans for the sector, twosources who attended the meeting said. Fernandez, the front-runner for October's presidentialelection, told...Read More