Look beyond market approach to project valuations: van ZylLeadershipGenesis opens new chapter at UlyssesSPONSOREDgenesis minerals'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningPantoro bullish on bigger production profileSPONSOREDpantoro limitedCodelco raised $500 million in New York via the issue of a 31-year bond at a 3.Read More

Steel billet exporters from the Commonwealth of Independent States (CIS) have continued to increase their offer prices, despite trading being limited by the difference between mills' offers and buyers' bids, sources told Fastmarkets on Wednesday December 9.Offers of steel billet for February shipment from some Russian and Ukrainian mills were heard within the range of $530-540 per tonne fob on Wed...Read More

Iran's export prices for steel billet and slab continued their uptrends in the week to Wednesday December 9, boosted by global price rises for steel products and raw material costs. Both prices have hit their highest point since July 2018, having risen sharply in recent weeks. Fastmarkets' weekly price assessment for steel billet, export, fob ports Iran was $490-500 per tonne on December 9, r...Read More

AVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsThat's the assessment of capital market firm Argonaut Securities, with executive chairman Eddie Rigg pointing out at the New World Metals conference in Perth today the strong correlation betweenRead More

Steel wire rod prices in the south of Europe moved up again in the week to Wednesday December 8, driven by tight availability of material and increasing feedstock costs, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe, was ?,?520-530 ($630-642) per tonne on Wednesday, up by ?,?10 per tonne from ?,?510-520 per...Read More

The domestic price in Northern Europe for steel wire rod increased again over the week to Wednesday December 9, supported by short supply, good demand and a jump in feedstock costs, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, rose to ?,?550-570 ($666-690) per tonne on Wednesday, up by ?,?10-20 per tonne from...Read More

The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.The potential headwinds – political tensions between the United States and China, a no-deal Brexit and the continuing out of control spread of the virus, are for now taking a backseat.* China’s consu...Read More

Fastenal (FAST), a NASDAQ 100 stock moved above $49.18 to an all-time high extending an intermediate uptrend. TSX Energy iShares (XEG) moved above $6.10 resuming an intermediate uptrend.  Pre-opening Comments for Wednesday December 9thU.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US7...Read More

Ferrous scrap exports from the United States shot up by 26.6% month on month in October amid a surge in shipments to Turkey, Bangladesh and Mexico.US exports of ferrous scrap totaled 1.49 million tonnes in October, up from just shy of 1.18 million tonnes in September and 1.87 million tonnes August.Shipments to Turkey, the top buyer of US ferrous scrap, rose by 93.1% to 365,237 tonnes from 189...Read More

The United States' ferrous scrap export market remains robust, with East Coast recyclers again raising prices in a bid to attract scrap while they compete with domestic mills for raw material.After a series of modest $5- and $10-per-gross-ton increases in recent weeks, No1 heavy melt prices jumped by $15 to $20 per ton at East Coast exporters over the past week.Exporters had been trying to ke...Read More

Turkish steel mills continued to book deep-sea scrap cargoes for February shipment at increasing prices, which are being driven up by improving steel and billet values, sources said on Wednesday December 9.A steel mill in the Marmara region booked a European cargo, comprising 15,000 tonnes of HMS 1&2 (75:25) and 15,000 tonnes of a mixture of bonus, busheling and plate & structural (P&S) at an...Read More

Seaborne iron ore trading was limited on Wednesday December 9, however, lump prices performed well amid active trading at ports and less pellet supply, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $150.16 per tonne, up $1.81 per tonne62% Fe low-alumina fines, cfr Qingdao: $149.81 per tonne, up $1.64 per tonne58% Fe fines high-grade premium, cfr Qingdao: $13...Read More

Seaborne coking coal prices in the cfr market jumped on Wednesday December 9 due to relatively tight supplies for steel mills in China, sources told Fastmarkets.Fastmarkets indicesPremium hard coking coal, fob DBCT: $102.81 per tonne, down $0.27 per tonnePremium hard coking coal, cfr Jingtang: $176.55 per tonne, up $7.03 per tonneHard coking coal, fob DBCT: $92.56 per tonne, down $0...Read More

London Metal Exchange nickel, zinc and tin prices hit new 2020 highs on the morning of Wednesday December 9, with the base metals complex upbeat due to new proposals for a US Covid-19 stimulus package and the dollar index remaining low. Zinc's three-month price was up 1.9% at $2,852.50 per tonne on Wednesday from Tuesday's closing price of $2,799.50 per tonne. This price set a new high for 2020, a...Read More

The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.The potential headwinds - political tensions between the United States and China, a no-deal Brexit and the continuing out of control spread of the virus, are for now taking a backseat. China's consumer price i...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and Michael Greenfield in London, Susan Zou...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

Key data from Fastmarkets' pricing session in Europe on Wednesday December 2.Key drivers Ferro-titanium has jumped to a peak last seen in May 2013, with the price again reaching $6.90 per kg ddp, with consumer demand reported out as far as February on limited output.A crunch in scrap supplies in the past few months is fueling a rally in scrap prices and that, in turn, is pushing up...Read More

The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More

The cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt hydroxide p...Read More