In the newest dramatic allegations against suspected Russian malfeasance, the Department of Defense (DoD) on Thursday revealed that it believes the Russian military targeted Continue...Read More

Brazilian export prices for steel slab went up for the third consecutive week on Friday April 23 when local mills raised their offers, mainly to the United States, and were aiming for higher prices in other regions, including the domestic market.Fastmarkets assessed the price for steel slab, export, fob main port Brazil, at $880-900 per tonne on Friday, up by $10 per tonne from $870-890 per tonne...Read More

Chinese buyers resumed imports of steel billet over the past week, underpinned by strong long steel demand in the domestic market, sources said on Friday April 23.Chinese exporters raised their long steel offers over the past fortnight amid worries that the country's export rebate of 13% on such materials will be removed, with prices jumping to hit the highest levels since October 2008.The strong...Read More

Why this royalty is an important stepping-stone for Empress Royalty is discussed in a Red Cloud Securities report. In an April 19 research report, Red Cloud Securities analyst David Talbot reported that Empress Royalty Corp. (EMPR:TSX; EMPYF:OTCQB) acquired a silver stream on Telson Mining's Tahuehueto project in Durango, Mexico, for US$5 million. Production is expected to start there around year...Read More

BMO Capital Markets initiated coverage of Corvus Gold with an "Outperform (Speculative)" rating as it expects that additional exploration and infill drilling will expand Corvus' resource base, further driving a higher net asset value and share price multiple. In an April 15 research note, BMO Capital Markets Analyst Brian Quast advised that the firm is initiating coverage of Corvus Gold Inc. (KOR...Read More

The highlights of Royal Gold's Investor Day are presented in a BMO Capital Markets report. In an April 20 research note, BMO Capital Markets analyst Jackie Przybylowski reported the takeaways from Royal Gold Inc.'s (RGLD:NASDAQ; RGL:TSX) recent Investor Day.During the event, Przybylowski noted, the royalty and streaming company explained its strategy for building its asset portfolio. Royal Gold r...Read More

Peter Krauth of Silver Stock Investor discusses silver's rise and what may lie ahead. Spot silver is trading around $26 per ounce...but you can't buy any at that price.Instead, you'll have to pay almost 50% more.That's right. If you want silver right now, you'll need to pay at least $35 per ounce.If you prefer government mint coins, and you're willing to wait a month to get them, you'll have to p...Read More

European ferro-titanium producers are increasingly looking for feedstock alternatives, such as vacuum scrap, to tackle weaker alloy bid prices from consumers in the steel sector. Some producers have been switching more of their intake of smelting feed to make alloy, using higher quality vacuum scrap, after turnings prices jumped by almost 65% since the start of the year. Turnings scrap has been in...Read More

China's exports of major steel products rose significantly in March on a year-on-year basis due to the attractive prices for Chinese materials in January and February, when most March shipments were booked.For instance, exports of hot-rolled coil totaled 1.78 million tonnes last month, an increase of 92% year on year, according to Chinese customs data. Fastmarkets' price assessment for steel hot-r...Read More

Vale was authorized by environmental regulators of the southeastern Rio de Janeiro state to maintain activities at its Gua?-ba Island iron ore terminal in Mangaratiba, after the local city hall ordered it to be suspended, the company said on Thursday April 22.Early on Thursday, Vale announced that it had been notified of a temporary stoppage order for the terminal issued by the Mangaratiba municip...Read More

Tata Steel has filed a lawsuit against Liberty Steel over its speciality steel business deal made in 2017, Fastmarkets heard on Thursday April 22.A Tata Steel spokesperson confirmed the company has filed a commercial court claim against Liberty Steel concerning the speciality steel division deal, however, the spokesperson declined to go into more details because this is an active case.Liberty Stee...Read More

Brazilian export prices for steel slab went up for the third consecutive week on Friday April 23 when local mills raised their offers, mainly to the United States, and were aiming for higher prices in other regions, including the domestic market.Fastmarkets assessed the price for steel slab, export, fob main port Brazil, at $880-900 per tonne on Friday, up by $10 per tonne from $870-890 per tonne...Read More

Global steel scrap markets began to revive with growing downstream demand for finished steel in the week to Friday April 23. But regional prices diverged over the period, with Turkish buyers securing scrap at lower levels while Asian importers had to contend with price increases.Mills in Turkey secured cheaper European scrap to feed increased rebar exportsUnited States sales were on hold, with exp...Read More

Key data from Fastmarkets' Friday April 23 pricing sessions in China, Europe, India and the United States.China General sentiment in the Chinese ferro-silicon market remained positive after Ningxia issued committed to conserving energy, reducing emissions, upgrading environmental facilities and weeding out outdated production facilities; supporters broadly held their ...Read More

An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in...Read More

European ferro-titanium producers are increasingly looking for feedstock alternatives, such as vacuum scrap, to tackle weaker alloy bid prices from consumers in the steel sector. Some producers have been switching more of their intake of smelting feed to make alloy, using higher quality vacuum scrap, after turnings prices jumped by almost 65% since the start of the year. Turnings scrap has been in...Read More

Space debris is poised to be the next frontier of recycling even while more companies attempt to make low Earth orbit safer for space industrial ecosystems. Space scrap will feed these industrial ecosystems and act as the raw material feedstock for any advanced space manufacturing systems, such as 3D printing, Airbus' in-space manufacturing and assembly roadmap owner Christophe Figus told Fastmark...Read More

Nickel's three-month price showed the biggest rise among base metals on the London Metal Exchange at the close of trading on Friday April 23, with most prices finishing the week on a positive note due to a low US Dollar Index and fund buying acitivty in the complex.The price of nickel was up by 2% to $16,395 per tonne from Thursday's 5pm price of $16,063 per tonne, after trading sideways for most...Read More

The London Metal Exchange is suspending the trading of all prompt dates from December 2021 onwards on its cash-settled alumina futures contract with immediate effect, it said on Friday April 23. The LME alumina contract was launched on March 11, 2019 and settled against Fastmarkets MB's benchmark daily fob Australia alumina index in a basket alongside CRU's alumina index. Equal weighting was...Read More

Deliverable stocks of base metals in Shanghai Futures Exchange-registered warehouses all declined in the week to Friday April 23, due to consumers trucking their cargoes out before the Labour Day holiday in China, sources said.SHFE nickel stocks totaled 8,560 tonnes this week, down by 994 tonnes or 10.4% from 9,554 tonnes last Friday, data shows.The largest outflow of nickel this week left Zhongch...Read More