Seaborne iron ore transactions slowed down on Wednesday August 29 with higher prices reported for 65% Fe fines as well as lumps....Read More
Iranian export billet prices have decreased by $10-15 per tonne over the week ended Wednesday August 29, due to the reduced interest in Iranian material caused by the economic sanctions introduced by the United States against the Middle Eastern country in early August....Read More
In-warehouse Shanghai zinc premiums ticked up due to active import business in the week ended Tuesday August 28, while global lead premiums were mostly steady in the ongoing quiet summer period. ...Read More
Participants in China's nickel market reported an increase in domestic nickel supply and premium ranges in the market widened Tuesday, while premiums in the European nickel market were flat for the last leg of the summer lull....Read More
Comex copper prices failed to hold onto weekly gains in morning trading on Wednesday August 29 with a stronger dollar proving a headwind. ...Read More
The latest news and price moves to start the North American day on Wednesday August 29. ...Read More
Due to a technical error, Metal Bulletin's Shanghai-London physical arbitrage calculation for aluminium was published incorrectly on Tuesday August 28. Metal Bulletin has corrected its physical arbitrage figure for aluminium imported to China on August 28. The price was incorrectly published as -$417.39 per tonne (-2,848.89 yuan). It should have been -$418.55 per tonne (-2,856.81 yuan). Metal Bull...Read More
Consumer demand and regulatory requirements are increasingly driving the responsible production and sustainability of aluminium, a senior executive at Rio Tinto Aluminium said. According to Tolga Egrilmezer, vice president for sales and marketing for the company's aluminium division, responsible production will also drive premiums higher. "It's early days and the market is really still in its infa...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday August 29*...Read More
Ratings agency Moody's has decreased its credit rating for Turkish steelmaker Erdemir Group to Ba3 from Ba2, and described its outlook as negative, Erdemir said on Wednesday August 28....Read More
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Metal Bulletin will publish certain price assessments for long steel and billet products in Turkey on Friday August 31, 2018, instead of Thursday August 30, because of the country's Victory Day public holiday.The following prices will be published on August 31:Turkey semi-finished and long steel- Turkey, export, rebar, $ per tonne fob main port- Turkey, domestic, rebar, $ per tonne exw- Turkey, ex...Read More
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Prices for domestic hollow steel sections produced and delivered in Northern Europe widened upward by ?,?10 per tonne this week, sources told Metal Bulletin on Wednesday August 29....Read More
Domestic prices for steel beams in Europe have held stable for the fifth week in a row, sources told Metal Bulletin on Wednesday August 29....Read More
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Share this articleOpen pit mining at Taseko's Gibraltar copper-molybdenum mine near Williams Lake, British Columbia. Source: Taseko Mines Ltd.Taseko Mines Ltd. [TKO-TSE] said Wednesday that the British Columbia government was successful in defending its First Nations consultation process in relation to the company's controversial New Prosperity gold-copper project.The company said the Supreme Cour...Read More
Share this articleSokoman Iron Corp. [SIC-TSXV] shares were active Wednesday after the company released assays from its high-grade, low-sulfidation, epithermal-style Moosehead Project in Central Newfoundland.The assays are from the remaining 12 holes of 15 completed in a Phase 1 drill program.The company said two holes intersected near surface, high-grade visible gold veins highlighted by MH-18-08...Read More
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