Domestic prices for rebar in Poland inched down this week due to seasonally slow trading activity, sources told Metal Bulletin on Friday February 16.Metal Bulletin's weekly price assessment for domestic 12mm B500B-grade rebar in Poland was 2,310-2,340 zloty ($693-702) per tonne ex-works on February 16, compared with 2,310-2,360 zloty per tonne...Read More

Indian local secondary billet prices have risen by at least 1,000 rupees ($13) per tonne in the current week on a notable rise in the prices of finished steel products such as rebar.Domestic secondary billet, which is mainly produced through the induction furnace route, ended the week at prices of 32,500-33,000 rupees ($508-516) per tonne ex-mill on Friday February 16.This was a rise of at least 1...Read More

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday February 16:Noble alloys Molybdenum Europe drummed molybdic oxide, $/lb: $12.20-12.30 per lb from $12.00-12.25 Molybdenum US canned molybdic oxide, $/Ib: $12.20-12.60 per Ib from $12.10-12.30 Ferro-molybdenum basis 65% min, in-warehouse Rotterdam, $/kg Mo: $29.80-30.25 per kg from $29.90-30.20 Ferro-molybdenum...Read More

GT Gold Corp's saddle deposit was causing a lot of excitement last year and have recently announced some decent new results (link and link).SummaryDrilling has defined a small, moderate grade deposit.Moderate expansion potential:South Zone: partially open to the East and WestNorth Zone - TTD057 hit good values, but surface Au samples suggest that this zone is small.Porphyry mineralization in hole...Read More

The price range for austenitic alloy steel scrap imported into mainland Europe rose by ?,?10-30 per tonne week-on-week on Friday February 16, after the nickel price rose sharply.Metal Bulletin's weekly price assessment on Friday for 18/8 stainless steel solids imported into mainland Europe was ?,?1,150-1,160 ($1,435-1,448) per tonne cif main European ports, compared with ?,?1,120-1,150 per tonne c...Read More

Steel scrap prices in the world's major markets remained firm during the working week from Monday February 12 to Friday February 16.Turkish steel mills continued their deep-sea scrap purchases for March, with prices going up slightly over the week.Meanwhile, the United States' export market enjoyed the demand from Turkish mills and expected stronger prices in the country's own domestic market.Impo...Read More

India's import ferrous scrap markets have continued their strong start to the year with prices for containerized material rising amid continued good demand and reduced volumes being offered for sale, sources said on Friday February 16.Prices in the key Turkish import scrap market increased this week, which served both to help sentiment in India, and to create caution among sellers when considering...Read More

Turkish steel producers went through Friday February 16 making no deep-sea bookings, but they are still expected to book more scrap for March, according to market sources.The steel producers in Turkey booked a number of deep-sea cargoes throughout the week and prices have gone up slightly.On February 15, three steel mills booked deep-sea cargoes at around $353 per tonne...Read More

Vale's fourth-quarter metallurgical coal output increased by 23.90% in 2017, the company said on Friday February 16. Vale's fourth-quarter metallurgical coal output increased by 23.90% in 2017, the company said on Friday February 16. Output came to 1.42 million tonnes from October to December, compared with...Read More

Lead recycler Recylex's 2017 revenue rose almost one-fifth to ?,?450.3 million ($564.1 million) from a year ago due to soaring lead and zinc prices.Sales of lead, which accounts for over 70% of Recyclex's total revenue, rose 16% to ?,?324.1 million on strong lead prices and improving production last year, according to the company statement. During 2017, average lead and zinc prices in Europe rose...Read More

Base metals prices on the London Metal Exchange were mostly higher during morning trading on Friday February 16 with prices holding firm near fresh 2018 high levels. The three-month copper price has rallied back above $7,200 per tonne with the rally underpinned by a weaker dollar - the dollar index is now back below 89.00. Copper is now trading just $10 off its 2018 high of $7,262 per tonne - but...Read More

Metals prices on the London Metal Exchange are up across the board this morning, Friday February 16, by an average of 0.4%, while trading activity has been light due to the Lunar New Year holiday. Lead prices are up by the most in percentage terms, with a 0.7% rise, followed by aluminium (0.6%) copper (0.4%) at $7,217 per tonne, with nickel and tin prices up 0.35 and zinc little changed. With the...Read More

Key data from the Friday February 16 pricing session in EuropeMercury MB free market $ per flask in warehouseKey drivers - Supply has fallen as a result of the Minamata Convention that came into force...Read More

The following Metal Bulletin minor metals prices changed on Friday February 16:Minor metals Arsenic MB free market, $/Ib: $0.70-1.05 per Ib from $0.90-1.25 Cadmium MB free market min 99.99%, cents/lb: 122-142 cents per lb...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday February 16:Aluminium ingot Duty paid delivered works pressure diecasting ingot...Read More

Subscribe, rate and follow us on SoundCloud, iTunes, YouTube, Google Play, Stitcher or RSS Feed!We’re going high-tech this week with a focus on technology minerals and an update on the cobalt market. Matt is joined by Cobalt 27 Capital (TSXV: KBLT) chairman and CEO Anthony Milewski to discuss the global conversation around renewable energy and recent developments in the sector (8:55)...Read More

Acacia Mining (LON:ACA), Tanzania's No.1 bullion producer, which has been hit hard by a long-running dispute with the government of the East African nation, is mulling the sale of stakes in some or all of its operations in that country.In response to media speculation on the matter, the company said it was "engaging with a small number of potential investors" over the potential deal, adding it ad...Read More

Japanese trading house Mitsui & Co. is increasing its stake in Chile's Collahuasi copper mine, also owned by Anglo American and Glencore (44% each), but has decided to sell its 1.25% stake in the Los Pelambres mine, Antofagasta's (LON:ANTO) flagship asset.Mitsui has agreed to acquire JX Nippon Mining & Metals' 3.6% interest in Collahuasi, which takes its total stake in the mine to 11.03%...Read More

Brazil's Vale (NYSE:VALE), the world's No.1 iron ore miner, said Friday that output of the steelmaking material hit a fresh record high in 2017 thanks mainly to the outstanding performance of its so-called northern system, even though seaborne sales were a tad lower than in 2016.The Rio de Janeiro-based company said total iron ore production last year reached a record of 366.5 million tonnes, as...Read More