The close US election race means the predicted "blue wave" following a Joe Biden victory may turn out to be more of a "blue ripple", says Jefferies, which is now expecting a "skinny" stimulus ofRead More
An overview of the new energy raw materials markets and their latest price moves.Susan Zou and Sally Zhang in Shanghai, Carrie Shi in Beijing, and...Read More
Emily King, founder of Prospector - a digital platform which uses AI to connect investors to mining companies - said the mining industry needed to communicate differently to attract individuals sheRead More
Adam HamiltonArchivesNov 11, 2020 The US stock-market action last quarter proved a roller-coaster ride. Big US stocks first surged to record highs on hopes for more huge pandemic-stimulus spending from Congress. Then with little progress on that front, the stock markets plunged again. Q3'20 proved a chaotic quarter leading into this week's US elections. Its winding-down earnings season shows wheth...Read More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces an adjustment to the net smelter royalty purchase entered into with a third party on October 8, 2020.ADJUSTMENT TO THE PURCHASE OF NET SMELTER PRODUCTION ROYALTYOn October 15, 2020, the Company announced that it had entered into an agreement (the "original NSR Purchase Agreement") to acqu...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 6.ChinaThe domestic market has now been stable for eight weeks in a row, with sentiment bullish after major steelmakers rolled over their November tender prices and the futures market climbed.Hesteel set its November tender price for 72% ferro-silicon unchanged month on month...Read More
Key data from the Friday November 6 pricing session in London.Key drivers Strong hydroxide payables continued to help keep prices firm amid weak demand for standard and alloy grade cobalt.Producers and distributors aired concerns about metal demand, reporting aggressive bids and some are considering going below the current range. ...Read More
An overview of the new energy raw materials markets and their latest price moves.Susan Zou and Sally Zhang in Shanghai, Carrie Shi in Beijing, and...Read More
An overview of the new energy raw materials markets and their latest price moves.Susan Zou and Sally Zhang in Shanghai, Carrie Shi in Beijing, and...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...Read More
The key global scrap markets surged upward in the week to Friday November 6, as a result of strong purchasing activity, with Turkey continuing to buy a large volume of cargoes for a third week.Turkey books more material on positive long-steel export salesUS reports bookings from East and West CoastsGood demand boosts Taiwan scrap pricesVietnam moves up despite quiet marketIndian prices jump on tig...Read More
The price of shredded steel scrap imported into India and Pakistan moved up on Friday November 6 as a result of tight material supply, sources have told Fastmarkets.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $330.32 per tonne on Friday, up from $321.21 per tonne one week earlier.A deal for shredded material was heard at $325-326 per tonne cfr, and a...Read More
Prices for inter-merchant light iron scrap in the UK market were stable over the week to Friday November 6, extending a steady trend for the fourth consecutive week on firm domestic fundamentals and cemented by active export trading, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?95-105 ($124-137) per...Read More
The price of gold sharply rallied yesterday, increasing more than 3.5% higher to over $1,950 an ounce - a six-week high for the yellow metal.Meanwhile, sister silver traded some 5% higher yesterday, selling now for over $25.50 an ounce.But yesterday's action in the precious metals market might be a bit short-lived.Precious metals rallied yesterday as the U.S. dollar fell and the pound sterling ros...Read More
Nov 05, 2020 Guest(s): Kai Hoffmann - CEO, Soar Financial The short to medium-term outlook for gold depends on whether or not Joe Biden can maintain his lead into the White House, or if Donald Trump can beat current odds and win, said Kai Hoffman, founder and managing director of SOAR Financial Partners. "If Trump wins we might see a small selloff [in gold] again, just because of risk off, and...Read More
An overview of the new energy raw materials markets and their latest price moves.Susan Zou and Sally Zhang in Shanghai, Carrie Shi in Beijing, and...Read More
Bullish momentum has extended in China's battery-grade lithium carbonate market at the start of November with most producers pushing offer prices higher on reduced availability of material, sources told Fastmarkets on Thursday November 5.Bullish sentiment continued to spread in China's battery-grade lithium carbonate market with higher offers reported.China's lithium hydroxide prices declined due...Read More
Domestic prices for hot-rolled coil in Northern Europe moved up slightly day on day on Friday November 6, due to long lead times at European mills and a lack of import offers, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?512.53 ($604.08) per tonne on Friday, up by ?,?1.19 per tonne from ?,?511.34 per tonne on Thursday.T...Read More
Flat steel prices in the Turkish market increased sharply during the week to Friday November 6, with all prices going up by $30-60 per tonne on strong demand because of low stock levels, sources told Fastmarkets.Demand was good this week because stockists, steel service centers and end-users all had low stocks that needed to be replenished.Domestic pricesFastmarkets' weekly price assessment for st...Read More
China's hot-rolled coil exporters raised their prices on Friday November 6 amid domestic gains, while the weakening US dollar added fuel to the fire, sources said.DomesticEastern China (Shanghai): 4,040-4,060 yuan ($610-613) per tonne, up 30 yuan per tonneNorthern China (Tangshan) - weekly assessment: 3,820-3,860 yuan per tonne, up 60 yuan per tonneDomestic HRC prices continued their incline on Fr...Read More