Oil is a commodity that plays anindisputable role in the global economy. At the start of the 20th century,the oil industry went into mass production, thus giving birth to what we referto as the modern era of oil consumption. Gradually, coal was starting to take abackseat to it and oil became the world’s #1 fuel source and the undisputedking of commodity trading.To this very day, this remains...Read More

Oil is a commodity that plays anindisputable role in the global economy. At the start of the 20th century,the oil industry went into mass production, thus giving birth to what we referto as the modern era of oil consumption. Gradually, coal was starting to take abackseat to it and oil became the world’s #1 fuel source and the undisputedking of commodity trading.To this very day, this remains...Read More

Oil is a commodity that plays anindisputable role in the global economy. At the start of the 20th century,the oil industry went into mass production, thus giving birth to what we referto as the modern era of oil consumption. Gradually, coal was starting to take abackseat to it and oil became the world’s #1 fuel source and the undisputedking of commodity trading.To this very day, this remains...Read More

VANCOUVER, BC, Jun 24, 2020 (Canada NewsWire via COMTEX) --Highlights: -- Creation of Gold Royalty Corp. (GRC), a new and wholly owned gold-focused royalty...Read full newsRead More

First Mining is beginning to make waves on international equity marketsRead full newsRead More

Saudi Arabia's oil giant Aramco said on Friday it will raise domestic gasoline prices for July, state news TV reported.Read full newsRead More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Despite the Federal Government's efforts to diversify the economy, earn more foreign exchange and create jobs, reports of illegal goldRead full newsRead More

The US primary foundry alloy premium inched up on Friday July 10 even as spot activity remained muted, supported by improving sentiment as automotive supply chains in the US normalize. Premiums in Europe were unchanged.US premium rises, but market quietFastmarkets assessed the aluminium wheel alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US at 6-9 cents per lb on July 10, up fr...Read More

The posting of 1.81 trillion yuan in new Chinese loans early in the European trading session on Friday July 10 led to a rally across all London Metal Exchange three-month base metals prices.LME base metals futures moved higher as fund positioning became less bearish, with bids moving into firmly bullish territory, and all metals, apart from tin, ended the day up compared with Thursday's close."You...Read More

A vast amount of investment will be required to achieve meaningful change in the carbon footprint of aluminium across a broad portion of the industry, and the commercial impetus is not there yet, according to the secretary general of the International Aluminium Institute (IAI). Nonetheless, the industry needs to meet the challenge of changing consumer expectations and work together to collectively...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday July 10.China Seaborne ore prices fell in response to lower offers for August shipments, with some market participants remaining bearish about the near-term outlook due to rising portside stocks and higher-than-expected volumes of cargoes flowing to China (particularly for 37% material). There was go...Read More

Key data from the pricing sessions in Asia, Europe and the United States in the week ending Friday July 10.China The spot price range for 75-grade ferro-silicon narrowed downward due to continuing weakness in the magnesium sector, despite major steel mills increasing their July tender prices for 72-grade alloy. Hebei Steel set its final July tender price for 72-grade ferro-silicon at 6,100 yu...Read More

Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday July 10.Europe The high-carbon market continued to soften in response to weakening demand with Europe entering the summer slowdown.The low-carbon ferro-chrome market tumbled further to a multi-year low with producers slashing offer prices to win available...Read More

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

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt alloy grade, in-whs...Read More

Steel scrap prices in the Asian markets have recovered following the Kanto auction in Japan, while Turkish deep-sea scrap import values inched down at the end of the week due to weak demand for rebar.Turkish steel producers resumed their deep-sea scrap purchases at the end of the week at slightly lower pricesUS export markets broke silence at the end of the week with fresh cargoes to TurkeyJapanes...Read More

Turkish steel producers resumed deep-sea scrap purchases at the end of the week at slightly lower prices, sources said on Friday July 10.A steel mill in the Izmir region booked a cargo from the United States, comprised of shredded scrap at $258 per tonne and bonus-grade scrap at $263 per tonne cfr.Another steel mill in the Marmara region also booked a US cargo at $255 per tonne cfr for a...Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday July 10.China Seaborne ore prices fell in response to lower offers for August shipments, with some market participants remaining bearish about the near-term outlook due to rising portside stocks and higher-than-expected volumes of cargoes flowing to China (particularly for 37% material). There was go...Read More