(Kitco News) - There are strange things done in the midnight sun By the men who moil for gold - Robert ServiceNearly three years ago, I traveled up to the Yukon to explore the region’s mining sector. I left with a strong sense of optimism among the mining CEOs as they were expecting that it would be only a matter of time before investors started to take notice of the region’s mining un...Read More
The latest news and price moves to start the Asian day on Friday June 22.Zinc prices on the London Metal Exchange fell by more than 2% by the close of trading on Thursday June 21, while sister metal lead struggled to find support amid an intensified trade war between China and the United States. Read more in our live futures report.Here are how prices looked at the close of trading:The L...Read More
The latest news and price moves to start the Asian day on Friday June 22.Zinc prices on the London Metal Exchange fell by more than 2% by the close of trading on Thursday June 21, while sister metal lead struggled to find support amid an intensified trade war between China and the United States. Read more in our live futures report.Here are how prices looked at the close of trading:The L...Read More
The latest news and price moves to start the Asian day on Friday June 22.Zinc prices on the London Metal Exchange fell by more than 2% by the close of trading on Thursday June 21, while sister metal lead struggled to find support amid an intensified trade war between China and the United States. Read more in our live futures report.Here are how prices looked at the close of trading:The L...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Base metals on the London Metal Exchange ended mostly higher on Friday June 22, mounting a sustained fightback against the week-long dollar rally that fueled downward momentum across the complex.Nickel's three-month price finished above $15,000 per tonne and up 5% on its weekly low of $14,580 per tonne on June 19.With price rises supported by a downtrend in LME inventories - they are at their lowe...Read More
Chinese customs has suspended the publication of trade data for some key metal products including refined zinc, lead, nickel and copper raw materials such as scrap and concentrates, sources said. Chinese research analysts, whose work depends upon trade data from the world's top metal producing and consuming country, told Metal Bulletin they have been only granted very limited access to trade data...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
European import prices for austenitic alloy steel scrap narrowed slightly higher this week, with sources noting limited supply, however, the market is largely stable, with participants awaiting the third-quarter ferro-chrome benchmark settlement.Expectations for the ferro-chrome benchmark - a significant driver of steel scrap prices - had previously been for a substantial decrease amid weak spot p...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Chinese customs has suspended the publication of trade data for some key metal products including refined zinc, lead, nickel and copper raw materials such as scrap and concentrates, sources said. Chinese research analysts, whose work depends upon trade data from the world's top metal producing and consuming country, told Metal Bulletin they have been only granted very limited access to trade data...Read More
Pasar copper smelter in the Philippines is expected to operate at a reduced capacity during the second half of the year while the company makes repairs to its sulfuric acid cooling plant, Metal Bulletin has learned. Pasar, which is 78% owned by Swiss miner-trader Glencore, halted output in January due to a failure in the smelter's sulfuric acid cooling plant. Despite restarting in February, t...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Turkey's ferrous scrap import market remained quiet on Friday June 22 ahead of the outcome of the Turkish general election on Sunday. Market activity briefly picked up on Tuesday and Wednesday this week, with four deep-sea cargoes booked after a slow start to the week following a public holiday in Turkey to celebrate Eid on Friday last week. But activity waned again in the days before the election...Read More
Comex copper prices continued their downtrend on the last trading day of the week despite the dollar softening. Copper for July settlement on the Comex division of the New York Mercantile Exchange dipped 0.10 cents or 0.1% to $3.0205 per lb. The contract is now on a seven-day losing streak. "We have a bullish outlook on copper. We have a hypothetical long position in copper that we initiated at th...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
China's domestic spot battery-grade lithium hydroxide prices fell on Thursday June 21 following the recent downtrend in the lithium carbonate market as well as because of quiet buying activity among downstream consumers. Lithium hydroxide prices fell on lower offers and deals. Lithium carbonate prices stable in China due to slow market activity. Downstream consumers held off from buying in anticip...Read More
India is proposing increases for import duties on 30 products from the United States including certain steel goods, in a tit-for-tat move against the latter's Section 232 tariffs on steel and aluminum.Flat-rolled coated steel, stainless hot-rolled steel coil, grain-oriented electrical steel, steel spring and several other structural and construction steel products will be subject to a 15% increase...Read More
China's domestic hot-rolled coil prices retreated slightly on Friday June 22 after trading activity fell due to bad weather.DomesticEastern China (Shanghai): 4,260-4,280 yuan ($656-659) per tonne, down 10 yuan per tonneNorthern China (Tianjin): 4,200-4,220 yuan per tonne, down 20 yuan per tonne Although the rainy season for many parts of the country began earlier this week, the effect it had on th...Read More