Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
Sitting on solid supply and demand fundamentals, palladium may have more room to grow even with the recent run-up in prices, this according to Phil Streible, senior market strategist at RJO Futures. "There's no question on how high [palladium] could go because of the fact that there's limited supply and it's controlled by Russia and what little comes out of South Africa. With the new regulations...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
The implementation of tariffs and quotas against US steel and aluminium imports has been heralded and criticized as an unusual trade remedy, with President Donald Trump's administration applying blanket duties rather than more focused - and more typical - anti-dumping and countervailing margins.Section 232 of the Trade Expansion Act of 1962, a cold-war era law, allows the president to place restri...Read More
As of March 23, it has been a full year since US President Donald Trump's administration imposed tariffs against imported steel and aluminium under Section 232 of the Trade Expansion Act of 1962, which allows the president to place restrictions on imports on national security grounds.Trump's trade measures have drawn criticism from several US trading partners who argue that these actions violate e...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Fastmarkets' alumina index fob Australia moved to its highest level since early December due to unrelenting market tightness. The daily fob Australia alumina index rose to $412.94 per tonne on Friday March 22, up from $403.58 per tonne the previous day and 6.7% higher month on month from $386.90 per tonne on February 22. Key drivers Tightness in the market continues to...Read More
A conflict between Norwegian aluminium group Norsk Hydro and the Brazilian federal prosecutors' office, MPF, could put the company's bauxite production in the Northern state of Par?? at risk.MPF is claiming Minera????o Paragominas' operational license for an ore pipeline and a power transmission line expired in 2014. This would mean the bauxite producer is illegally operating the assets, according...Read More
Adam HamiltonArchivesMar 22, 2019 The mid-tier gold miners' stocks have been rallying on balance in recent months, carving a solid young upleg. They've mostly finished reporting their latest fourth-quarter results, revealing how they are faring fundamentally. Their operating and financial performance is very important for investors, as the mid-tier realm is where most of the gold-stock sector's ga...Read More
U.S. manufacturing activity eased to the lowest level in nearly two years this month, according to a private reading published Friday, pulling Wall Street lower and piling more pressure on the Treasury yield curve, which inverted for the first since in more than ten years. IHS Markit's flash reading of overall activity in the world's biggest economy was pegged at 54.3 points, well above the 50 m...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
An overview of the minor metals markets andthe reasons for any price moves.An overview of...Read More
Global scrap prices have gone up slightly except in Vietnam during the working week from Monday March 18 to Friday March 22, with demand being seen in Turkey only later in the week. Turkish steel producers returned to the market at the end of the week US ferrous scrap export prices up Vietnam ferrous scrap prices fall on weak demand Taiwanese prices rise on higher offers India on holidayTurkey imp...Read More
Austenitic alloy steel scrap prices edged higher in Europe this week in reaction to more stable nickel costs. The three-month official bid/offer spread for nickel on the London Metal Exchange was $13,010/13,020 per tonne on Friday March 22, compared with $12,945/12,960 per tonne on March 15.This...Read More
Prices for light iron steel scrap in the United Kingdom have been rolled over this week amid steady trading while regular inter-merchant business and firm demand from major shredders support the market, sources told Fastmarkets on Friday March 22.Fastmarkets' weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant basis was ?90-110 ($118-145) per tonne on March 22. The current...Read More
The Friday Market Minute Stocks slide after European manufacturing PMI falls to lowest level since 2013, while a new orders index hits a 2012 trough, as trade disputes hammer exports in the world's biggest economic bloc.US Treasury Department sanctions on two Chinese shipping firms accused of helping North Korea evade restrictions on its nuclear weapons program rattle nerves ahead of next week's...Read More
With three-month base metals prices on the London Metal Exchange having come off their weekly highs, most metals remained under selling pressure and have continued to consolidate this morning, Friday March 22.The initial weakness seen in the dollar index following the surprisingly dovish tone struck by the US Federal Open Market Committee (FOMC) at the conclusion of their meeting on Wednesday prov...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
China's domestic lithium spot market stabilized in the week ended Thursday March 21 after price dips a week ago, while assessments in the seaborne markets weakened on low demand and thin trading activity. China's battery-grade lithium carbonate and hydroxide prices were steady after slight price decreases last week. Lithium prices in China remain under downward pressure due to continued low d...Read More
Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per tonne on an ex-works China basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets price assessment for lithium carbonate min 99.5% Li2CO3 battery grade, spot price range, ex-works China, yuan per tonne.Fastmark...Read More