The Silver price collapsed in March hitting a 12-month low of US$11.64. Silver has gone to rally by close to 110% since March lows against the US dollar.At time of writing, silver is trading at US$24.31 an ounce...Read full newsRead More
Sokoloff says you can own gold bullion, the GLD ETF, invest in gold royalty companies and/or gold miners.Read full newsRead More
Sokoloff says you can own gold bullion, the GLD ETF, invest in gold royalty companies and/or gold miners.Read full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Thursday October 29 that are worth another look.Italian trade unions Uilm and Fiom-Cgil have called for steelworkers at ArcelorMittal Italia to go on strike on November 5 because they have not been given any clear...Read More
The three-month price of tin on the London Metal Exchange lagged behind at the close of trading on Thursday October 29, showing the greatest daily losses at 1.1% and slipping below nearby support levels.Meanwhile, a large cancelation in the morning meant that LME lead futures remained elevated over the day.Tin's outright price on the LME closed at $17,822 per tonne on Thursday afternoon, falling f...Read More
En+ Group, the majority owner of aluminium producer UC Rusal, has urged the European Commission to remove any tariffs on low-carbon aluminium to spur the 'green' economy. In a statement released on Thursday October 29, En+ said applying a "one size fits all" Carbon Border Adjustment Mechanism (CBAM), as currently suggested, could be counterproductive. The theme of low-carbon aluminium and sustaina...Read More
Here are five Fastmarkets stories you might have missed on Thursday October 29 that are worth another look.Italian trade unions Uilm and Fiom-Cgil have called for steelworkers at ArcelorMittal Italia to go on strike on November 5 because they have not been given any clear...Read More
Lundin Mining is on track for an early 2021 restart of expansion works at its Neves Corvo zinc mine in Portugal.The expansion plans, which were halted earlier this year due to the Covid-19 pandemic are expected to boost zinc concentrate capacity by 80,000 tonnes per year. The company said preparation work for the restart of both the surface and underground construction sites ha...Read More
Here are five Fastmarkets stories you might have missed on Thursday October 29 that are worth another look.Italian trade unions Uilm and Fiom-Cgil have called for steelworkers at ArcelorMittal Italia to go on strike on November 5 because they have not been given any clear...Read More
Before the disruptions caused by the Covid-19 pandemic, 2020 was expected to be an important year for the rollout of 5G telecommunications networks, with more operator launches globally and declining prices for smartphones and other 5G-enabled devices.While the rollout has been disrupted in the short term, the increase in remote working that has resulted from lockdown measures has underscored the...Read More
Turkey's steel mills did not make any purchases of deep-sea market steel scrap on Thursday October 29 due to a public holiday to mark Republic Day in the country.No new cargo trades were heard on the market but mills have already booked as many as 10 cargoes this week. It was not known if they would return to the market on the last day of the week for...Read More
Prices for cargoes of ferrous scrap exported from Japan are poised to continue rising amid strong appetite from Vietnam and continued concerns over global scrap supply, sources told Fastmarkets.Vietnam was heard paying $300-305 per tonne cfr for Japanese H2 scrap in bulk at the end of last week, which Japanese sources said was equivalent to around ?28,500 per tonne fob.One South Korean mill was h...Read More
Here are five Fastmarkets stories you might have missed on Thursday October 29 that are worth another look.Italian trade unions Uilm and Fiom-Cgil have called for steelworkers at ArcelorMittal Italia to go on strike on November 5 because they have not been given any clear...Read More
Lundin Mining is on track for an early 2021 restart of expansion works at its Neves Corvo zinc mine in Portugal.The expansion plans, which were halted earlier this year due to the Covid-19 pandemic are expected to boost zinc concentrate capacity by 80,000 tonnes per year. The company said preparation work for the restart of both the surface and underground construction sites ha...Read More
A summary of Australian lithium miner Orocobre's results for the third quarter of 2020, released on Thursday October 29.In brief The company's output dropped by 6% quarter on quarter due to a scheduled three-week shutdown at its brine-based Olaroz lithium facility in the Jujuy province of northern Argentina. Sales volumes from Olaroz surged by 112% quarter on quarter on sales at discounted prices...Read More
The lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea, $/kg trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More
Key data from the Wednesday October 28 pricing session in Shanghai.Key drivers Spot domestic Chinese cobalt metal prices edged lower amid lingering weak sentiment, while buyers succeeded in negotiating lower prices, taking advantage of competition among traders who usually require steady cash flow. The price range for...Read More
Here are five Fastmarkets stories you might have missed on Thursday October 29 that are worth another look.Italian trade unions Uilm and Fiom-Cgil have called for steelworkers at ArcelorMittal Italia to go on strike on November 5 because they have not been given any clear...Read More
Domestic prices for hot-rolled coil in Northern Europe were fairly stable day on day on Thursday October 29, but steelmakers remained bullish due to good order books and a lack of competitive import offers, market sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?505.22 ($593.92) per tonne on Thursday, up by just ?,?0.22 per...Read More