Artemis all set thanks to unique approachSPONSOREDartemis resourcesGroup June quarter copper production was 24,577 tonnes, while gold production was 68,740 ounces, at C1 costs of negative US5.4c per pound of payable copper.Read More

Decreasing ferrous scrap prices and overall weak demand have eroded wire rod spot prices in the United States, Fastmarkets has learned.Fastmarkets' monthly assessment for steel wire rod (low carbon) industrial quality, fob mill US fell to $29-29.50per hundredweight ($580-590 per short ton) on Tuesday July 21, down by 4.1% from $30-31 per cwt last month, when sources indicated the domestic wir...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesAntofagasta produced 177,700 tonnes of copper in Q2, a fall of 8.4% quarter-on-quarter driven by lower grades from the company's Centinela Concentrates division.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesTo be fair, they're flocking back not just because of takeover gossip or the copper price rally, but also because the penny has dropped the company could soon become the largest copper producer in theRead More

Hollow steel sections prices in Northern and Southern Europe were unchanged on Wednesday July 22 with much of the market already away for the summer, sources told Fastmarkets. Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?540-560 ($620-642) per tonne on Wednesday, unchanged week on week. The weekly steel sections (medium), domestic,...Read More

Egyptian long steel producer El Marakby Steel will add a total of 400,000 tonnes per year to its steel rebar and wire rod production capacity, company chairman of board Hassan ElMarakby said on July 17.El Marakby Steel signed a certificate of acceptance with SMS Group for the wire rod and rebar mill, which will have the capability to produce 10-32 mm thickness rebar and 5.5-12mm...Read More

Sentiment in the European hot-rolled coil market has been positive despite the seasonal slowdown in activity in the second half of the summer, sources told Fastmarkets on Wednesday July 22.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?407.68 ($467.82) per tonne on Wednesday, up by just ?,?0.01 per tonne from ?,?407.67 per tonne on July 21.Wedne...Read More

Steel H-beam prices in Europe moved up on Wednesday July 22, after producers achieved the price increases they had been pushing for over recent weeks, sources have told Fastmarkets. Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe was ?,?530-560 ($608-643) per tonne on Wednesday, up from ?,?520-550 per tonne the week before. The corresponding weekly pr...Read More

Advanced Micro Devices (AMD), a NASDAQ 100 stock moved above $59.00 and $59.27 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Wednesday July 22ndU.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US74.50 cents following release of Canada's June Consumer P...Read More

Turkish steel producers have continued their deep-sea scrap purchases for August shipments but at slightly higher prices, sources said on Wednesday July 22.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 13,000 tonnes of HMS 1&2 (95:5) at $273 per tonne cfr. The cargo was scheduled to be shipped before August 19.A steel mill in the Marmara region booked US cargo, compri...Read More

Seaborne iron ore prices moved down on Wednesday July 22 amid market expectations that strong supply from Australia could offset supply uncertainties from Brazil. Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $110.95 per tonne, down $0.48 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $112.84 per tonne, down $0.16 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $99.51 per tonn...Read More

The seaborne premium hard-coking coal fob Australia index increased on Wednesday July 22 following the latest transaction, which market participants attributed to an optimistic outlook shared among miners and traders, Fastmarkets heard.Fastmarkets indicesPremium hard coking coal, fob DBCT: $109.93 per tonne, up $1.67 per tonne Premium hard coking coal, cfr Jingtang: $119.23 per tonne, down $0.24 p...Read More

Fastmarkets' seaborne premium hard coking coal cfr China index continued to edge up slightly on Tuesday July 21 after the latest transaction saw it rebound further from last week's perceived 'bottom'.Fastmarkets indicesPremium hard coking coal, fob DBCT: $108.26 per tonne, down $0.09 per tonne Premium hard coking coal, cfr Jingtang: $119.47 per tonne, up $0.91 per tonneHard coking coal,...Read More

Chinese hot-rolled coil importers are sourcing for cargoes from Vietnam amid domestic price increases, with interest for Indian products declining due to tensions between China and the South Asian country.DomesticEastern China (Shanghai): 3,950-3,970 yuan ($566-568) per tonne, up 50-60 yuan per tonneDomestic HRC prices surged on Wednesday July 22 amid increased liquidity in the market, which led s...Read More

The London Metal Exchange three-month base metals prices were predominantly subdued during morning trading on Wednesday July 22, with zinc futures leading the decline while fresh cancelations and a steady decline in the US dollar index did little to boost sentiment. LME zinc's outright price was recently at $2,189 per tonne, a decline of over 2.5% from a morning high of $2,263 per tonne, while tur...Read More

China's domestic rebar prices rose further on Wednesday July 22 on stronger demand following weather improvements in the eastern part of the country.Domestic Eastern China (Shanghai): 3,610-3,640 yuan ($518-522) per tonne, up by 30-40 yuan per tonneThe rainy season in the major markets of eastern China, such as Shanghai, Jiangsu and Zhejiang provinces came to an end in the last couple of days, acc...Read More

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

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

An overview of the minor metals markets and the reasons for any price moves.Read More

Key data from the pricing session in Europe on Wednesday July 22.Key driversThe ferro-titanium market has dropped to a range last seen on February 3, 2017, when the assessed price was $3.70-4.10 per kg delivered. Depressed consumer demand for steel resulted in excess steel supply which, combined with the seasonal summer slowdown in heavy industry, led steel suppliers to get rid of their stocks. Th...Read More