Seaborne premium hard coking coal prices were relatively steady on Friday September 25 with no transactions heard, however, market participants expect premium hard coking coal prices to increase gradually and higher hard coking coal and pulverized coal injection (PCI) prices in the cfr market.Fastmarkets indicesPremium hard coking coal, fob DBCT: $133.81 per tonne, down $0.05 per tonne Premium har...Read More
Soft demand sent China's domestic rebar prices falling this week, with those in the eastern region being down by 60-80 yuan per tonne despite holding steady on Friday September 25. DomesticEastern China (Shanghai): 3,600-3,640 yuan ($528-534) per tonne, unchangedNorthern China (Beijing) weekly assessment: 3,570-3,590 yuan per tonne, down by 50 yuan per tonne End users kept their rebar invent...Read More
Base metals prices on the London Metal Exchange were mixed but little changed this morning, Friday September 25, this after once again running into dip-buying on Thursday.A late rally in US equities on Thursday lent support to broader markets.US Congress is working on a $2.2 trillion stimulus package that could be voted on next week.Asian-Pacific equities were for the most part stronger this morni...Read More
The cobalt standard grade, in-whs Rotterdam, $/lb 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.Fastmarkets assessed cobalt standard grade, in-whs...Read More
The cobalt alloy grade, in-whs Rotterdam, $/lbtrade 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.Fastmarkets assessed cobalt...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
The cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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 pricing sessions in Europe, Asia and the United States for the week ending Friday September 25.China Tight spot availability continued to consolidate the domestic market with prices remaining firm amid positive sentimentSome mills raised their October tender prices for 72% ferro-silicon, while the market was waiting for tender prices from major steel mills ...Read More
The price of flat stainless steel products in Europe increased in the week to Friday September 25 on higher nickel costs, sources told Fastmarkets. Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe was ?,?1,980-2,030 ($2,308-2,366) per tonne, up by ?,?50 per tonne week on week from ?,?1,930-1,980 per tonne previous...Read More
Prices for steel scrap cargoes imported into South Korea fell again over the last seven days amid weakening Japanese offer prices and stifled demand, sources told Fastmarkets on Friday September 25.Japanese exporters reduced offer prices over the last week due to a lack of buying interest from Vietnam and Taiwan at the previous levels, sources said, while smaller suppliers focusing on Korea had al...Read More
Vietnamese steel mills booked Japanese scrap during the week to Friday September 25 as a result of sellers cutting their offer prices in an attempt to offload material before China's "Golden Week" holiday on October 1-8.Offers for bulk Japanese H2 cargoes fell consistently throughout the week, from $303-305 per tonne cfr Vietnam at the mid-week point to $295-297 cfr Vietnam by Friday. There was on...Read More
Import prices for containerized ferrous scrap in the key Taiwanese market fell in the past week on increasingly bearish sentiment brought about by falling prices in Turkey and limited buying interest. Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $272-275 per tonne on Friday September 25, widening do...Read More
The Toronto Stock Exchange continues to trade on a negative note, as the September sell-off doesn’t seem to be ending. On Friday morning, the TSX Composite Index was down by 0.2%. By Thursday, the index had already shed nearly 2% on a week-to-date basis. The Canadian market benchmark is likely to end the second consecutive week in negative territory.Earnings released this weekEarlier this we...Read More
Many investors are worried that another stock market crash is around the corner, as governments reduce fiscal stimulus measures to prop up the economy. The COVID-19 crisis has impacted the stock market, small businesses, and self-employed individuals all over the world. Moreover, inflation fears, as federal reserve banks announce commitments to low interest rates, are driving investors to gold ass...Read More
It might seem risky to invest in stocks on the Toronto Stock Exchange as the world still grapples with the COVID-19 pandemic. Nevertheless, it is important to remember that investing is a long-term endeavor. There will naturally be ups and downs in the stock market.Don’t worry about the current value of your retirement portfolio. Instead, focus on maintaining a comfortable balance betwe...Read More
The old saying goes that "necessity is the mother of invention." With nearly 200,000 Americans dead and no end to the pandemic in sight, it seems that now, more than ever, that saying applies. We desperately need a cure for COVID-19 so that we can get back to life as we knew it before March of this year. Remember when you could have family gatherings without worrying about getting sick? Or get...Read More
FenixOro Gold Corp is pleased to announce that Logan Drilling hasRead full newsRead More
TORONTO, Sept.25, 2020(GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX, OTC:FDVXF, Frankfurt:8FD.F) is pleased to announce that Logan Drilling has...Read full newsRead More
VANCOUVER, British Columbia, Sept.25, 2020(GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. ("Mission Ready" or the "Company") (TSXV: MRS) is pleased to...Read full newsRead More
In our latest Insights, we look at the battle between the bulls and bears that is shaping up on INK Ultra Money. On balance, the bulls seem to be tipping towards the Energy sector as a possible path to higher returns. Meanwhile, the financial system is at risk of being disrupted by cryptocurrency. Finally, our insider of the week helps to ensure that junior gold mining stays in the opportunity sp...Read More