Turkey exported 465,646 tonnes of flat steel products in March 2021, up by 52.34% year on year from the 305,658 tonnes exported in March 2020, according to the Turkish Statistical Institute (TUIK).The country's total exports of flat steel products for the first three months of the year came to 1,085,001 tonnes, down by 8.45% from the 1,185,141 tonnes exported in January-March 2020, TUIK said....Read More
Turkey imported 781,869 tonnes of flat steel in March 2021, up by 67.35% from 467,201 tonnes in the corresponding month of 2020, according to the Turkish Statistical Institute (TUIK).The country's total flat steel imports in January-March 2021 jumped to 1,997,692 tonnes in the first three months of the year, an increase of 9.69% from the 1,821,147 tonnes imported in the corresponding period of 202...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade. Trading volume on U.S. and Canadian exchanges is expected to be lower than average today. Other equity markets are closed for the May Day holiday including China, Japan, Thailand, United Kingdom and Russia.Clorox dropped $1.40 to $181.10 after Wells Fargo downgraded the stock from Overwe...Read More
Brazil's iron ore exports increased by 7.49% in April versus the same month in 2020, according to data from the country's economy ministry published on Monday May 3, with Vale's operations beginning to ramp up production.Brazilian iron ore exports totaled 25.79 million tonnes in April compared with 23.99 million tonnes a year before, the economy ministry said.Vale, the world's largest iron ore pro...Read More
Seaborne iron ore prices were flat on Monday May 3 amid limited trading activity due to the Labor Day holiday in China from May 1-5. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $188.85 per tonne, unchanged62% Fe low-alumina fines, cfr Qingdao: $190.01 per tonne, unchanged 58% Fe fines high-grade premium, cfr Qingdao: $161.53 per tonne, unchanged 65% Fe Brazil-origin fines, cfr Qingdao:...Read More
Limited trading activity in the seaborne coking coal market kept prices largely flat on Monday May 3.Fastmarkets indicesPremium hard coking coal, fob DBCT: $111.13 per tonne, up $0.35 per tonnePremium hard coking coal, cfr Jingtang: $226.79 per tonne, unchangedHard coking coal, fob DBCT: $103.71 per...Read More
Seaborne iron ore pellet and concentrate prices rose further in the week ended Friday April 30, with healthy mill margins stimulating steelmakers' appetite for high-grade steelmaking raw materials.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $227.01 per tonne, up $7.88 per tonne.65% Fe blast furnace pellet, cfr Qingdao: $262.04 per tonne, up $9.66 per tonne Key driversHigh prices f...Read More
The CME Group's cash-settled lithium futures contract, which is settled against Fastmarkets' assessment for the lithium hydroxide battery grade, spot price cif China, Japan & Korea, was traded for the first time on Monday May 3. A total five tonnes was traded at $14.25 per kg on Monday, the same...Read More
The return of high copper prices has come in the nick of time for Chile, but as the price for the red metal rallies, politicians believe the mining industry could be contributing significantly more to help the country through the Covid-19 pandemic.Long-viewed as the most stable destination for foreign investment in South America, Chile's increasingly fraught political scene is increasing risks for...Read More
A new whitepaper by Roskill that examines the potential of patent analysis to understand the lithium-ion battery technological landscape found the market trend is decidedly leaning towards nickel, cobalt, manganese and aluminum in terms of material utilization.Next to these metals is also silicon which, according to Roskill, is gaining share in commercial products and could be considered a technol...Read More
Commodities exchange operator CME Group launched on Monday a futures contract for lithium, seeking to capitalize on growing demand for the key ingredient in the batteries that power electric vehicles (EVs) and high tech devices.Five tonnes were traded at the Lithium Hydroxide CIF CJK on the first session at US$14.25 per kg. The price is settled against Fastmarkets' assessment for lithium hydroxide...Read More
Key raw materials from iron ore to grain rally in tandem as global economy picks upRead full newsRead More
The timeline is the most detailed Ford has given for such production, but it doesn't mean the company will be producing battery cells by then.Read full newsRead More
Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property ...Read full newsRead More
SECACO, Burkina Faso (AP) - For months, human traffickers beat and drugged Blessing,...Read full newsRead More
Canaccord Genuity Stick to Their Hold Rating for Eldorado Gold CorpRead full newsRead More
American Eagle Gold Corp. is pleased to announce that effective tRead full newsRead More
Kenorland Minerals Ltd. is pleased to announce that is has acqRead full newsRead More
The average long-term market rate of return is about 7%. So, it’s extraordinary that these three TSX stocks have at least 40% upside potential over the next 12 months!Like gold or silver?All the money printing around the world is making fiat currencies like Canadian dollars and U.S. dollars worth less. This, in turn, should make gold and silver worth more.Investing in Wheaton Precious Metals...Read More
Buying the dip on beaten-down stocks may sound like a risky proposition. However, it may also provide investors an opportunity to buy stocks at an attractive valuation. We’ll look at three such undervalued gems you can buy on the TSX today.Real MattersReal Matters (TSX:REAL) stock is trading 20% below its 52-week high. This company provides residential and real estate appraisal as well as ti...Read More