"Columbus Energy (#CERP) says work is continuing to advance the CO?,, pilot project on its Inniss-Trinity project in S America.Firm has completed workovers surveying the AT-4 and AT-13 wells in prep for future CO?,, injection and enhanced oil productionhttps://t.co/4LbjCxnp1Z"Read full newsRead More

"Range Resources (#RRL) takes a 13.4pc hit after announcing the planned sale of its Trinidad subsidiary to LandOcean Energy Services.The sale will offset all debt and payables due from Range to LandOcean, and will also include a $2.5m cash payment.https://t.co/PC3SVDRYDw"Read full newsRead More

A unique situation is emerging in the gold market now.Neither the dollar nor the real interest rate has dropped so much that this could explain the current price of gold.For the steady growth of the gold price, one still needs something more.A unique situation is emerging in the gold market now, which means either the complete elimination of the well-established dependencies between the price of g...Read More

"Porsche unveiled the all-electric Taycan, at simultaneous events today in Germany, China and Ontario. Find out more details here! https://t.co/Vod64Gib2j #bmw #taycan #tesla #luxurycar #luxurycars"Read full newsRead More

"The bulls are hoping for a break to the upside. The bears are concerned about a downside break. Which way will it break? Nobody knows. The biggest risk is what happens when the market quitsRead full newsRead More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday September 4.Please click...Read More

The three-month zinc price on the London Metal Exchange topped gains at the close of trading on Wednesday September 4, appreciating by almost 5% to close at its highest level since August 5, while the copper outright price closed at a two-week high. The three-month zinc contract ended the day's trading at $2,310 per tonne, closing above the nearby resistance level for the first time since early Au...Read More

Ahead of Fastmarkets' Battery Materials Europe conference in Amsterdam, find out what our industry experts think are the key drivers in the market and what's on the horizon. Fastmarkets will host a free web seminar on Wednesday September 18 at 3pm London time to discuss recent market moves in the battery raw materials sector. Click here to register for the webinar. Date Wednesday September 18, 201...Read More

We're currently in the last phase of a gold bull rally, and this phase will see the most upside action, this according to Frank Giustra, chairman of Leagold.  I think we're in the third and final phase of the gold market that's started in 2001, and this will be the most explosive phase for gold," Giustra told Kitco News.  Giustra noted that past monetary policies of the Federal Reserve...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday September 4 that are worth another look.A sustained weakness in the United States' Midwest aluminium premium and increased barge freight rates pushed the estimated arbitrage between Southeast Asian warehouses and the United States to an 18-month low.Zinc premiums in Northern Europe have risen with falling zinc prices, while sp...Read More

Key data from Fastmarkets' Wednesday September 4 pricing session in Europe.Key driversThe ferro-titanium market is stable, with industry sources reporting deals done within the current price range and market attention turning to consumer tenders due in the next few weeks. Almost 120 tonnes of alloy was reported sold in the past few days, with more tonnages heard at the upper end of the latest asse...Read More

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

Turkish steel producers have bought several deep sea cargoes from various locations at heavily reduced prices, sources told Fastmarkets on Wednesday September 4.There were three confirmed cargoes today - two from the United States and another from the United Kingdom.A steel mill in the Marmara region purchased a UK cargo comprising 18,000 tonnes of HMS 1&2 (80:20) at $250 per tonne cfr. This compa...Read More

Key data from Fastmarkets' Wednesday September 4 pricing session in Europe.Key driversThe ferro-titanium market is stable, with industry sources reporting deals done within the current price range and market attention turning to consumer tenders due in the next few weeks. Almost 120 tonnes of alloy was reported sold in the past few days, with more tonnages heard at the upper end of the latest asse...Read More

The somber trading sentiment in Asia is turning exceedingly bearish, with ferrous scrap prices plunging to levels not seen for years, market sources told Fastmarkets."It's gloom and doom all over the place. No one has anything good to say about the ferrous scrap markets at this point in time," a trading manager in Singapore told Fastmarkets.Several of the key price points in Asia have shown sharp...Read More

While lack of progress on United States-China trade talks remains ever present, the potential removal of the logjam over Hong Kong seems to be providing some cheer across markets.Europe, Japan and the US are now suffering manufacturing contraction, but there are early signs that parts of China's economy are starting to recover. Following a rebound in the Caixin manufacturing purchasing managers' i...Read More

After a period of correction that lasted for about three weeks, the price for Chinese cobalt metal has been given fresh strength by rising raw materials costs and tightened spot supply.Fastmarkets' price assessment for cobalt, 99.8% Co min, ex-works China, was 265,000-285,000 yuan per tonne (equivalent to $14.83-15.95 per lb, minus China VAT) on Wednesday September 4. This was up by 2.2% from 258,...Read More

Cobalt trade log including business, bids and offers reported to Fastmarkets. Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse (in-whs) basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets' price assessment for standard-grade cobalt, in-whs Rotterdam, $/lbClick here...Read More

European market participants now question whether an expected domestic price rise for hot-rolled coil (HRC) will be seen, due to the emergence of competitive offers from India, sources told Fastmarkets on Wednesday September 4.Buyers had expected that transaction prices would move up in the first half of September, supported by a seasonal recovery in trading activity.But this expectation has faded...Read More

Turkey exported 463,220 tonnes of flat steel products in July 2019, according to the Turkish Statistical Institute (TUIK), down by 21.58% year on year from 590,685 tonnes exported in July 2018.The negative sentiment in the flat steel market in Europe in May, when orders for June and July shipping were placed, contributed to the decrease in exports. The United States market, however, has been pract...Read More