An overview of the battery raw materials markets and the latest price moves.Read More
London Metal Exchange aluminium futures closed at their lowest level in two weeks, but copper, lead, nickel and tin finished the day strongly, rebounding after losses in previous days.The LME's three-month aluminium 5pm closing price was $1,746 per tonne on Friday August 14, down by $7.50 per tonne from Thursday's close and marking its lowest closing level since July 31.Prices were under downward...Read More
An overview of the battery raw materials markets and the latest price moves.Read More
Bob Moriarty ArchivesAug 14, 2020Depending on which liars you listen to, we have had the Wuhan/Covid 19 flu for about 9 months. In that time we should have learned a lot. The quality of our data should be better now than it was back in February/March. Alas I think the opposite is true. We are being lied to more and more every day.There is some kind of flu that probably came from Wuhan that may or...Read More
Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday August 14.ChinaThe UG2 chrome ore market recorded a pick-up in activity over the past week, with buyers procuring at around the current index level, while some sales were reported above this level later in the week ...Read More
Key data from the pricing sessions in Europe, China and the United States in the week ended Friday August 14.China Domestic prices hold steady, some suppliers continuously report tight spot availability, while those with cargoes held their offer prices firm Export market remained subdued with light liquidityEurope The...Read More
Adam HamiltonArchivesAug 14, 2020 The major gold miners' stocks have skyrocketed since mid-March's stock panic, attracting in a deluge of new capital inflows. That recently catapulted this normally-contrarian sector to extremely-overbought levels, necessitating a rebalancing correction. The gold miners are just finishing reporting their operating and financial results from the challenging last qua...Read More
The MAC royalty generated EBITDA of $48 million in the June half, up 16% due to strong iron ore prices. The new business has been named Deterra Royalties.Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday August 14. ChinaSeaborne manganese ore prices continued to climb up amid improved sentiment resulting from growing portside ore and alloy prices and continued buying of 37% manganese ore material. Prices for 44% manganese ore will follow the trend pending fresh offers, sources said.Portside ore pric...Read More
An overview of the minor metals markets andthe reasons for any price moves.Read More
Management had a few "good" field trips before the lockdown measures put a stop to it early this year, but two of those files remain active. "It's a matter of tempering expectations.Read More
An overview of the battery raw materials markets and the latest price moves.Read More
The inter-merchant spot market for light iron scrap in the United Kingdom was up over the week to Friday August 14 due to firmer demand from major shredders that supply consumers in the steel sector combined with persistently tight availability, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was assessed at...Read More
Turkish steel mills held back from the deep-sea scrap markets this week amid limited long steel demand in the country's export and domestic markets. And the slowdown in Turkey stopped global scrap prices increasing further.Turkish steel mills focused on finished steel sales instead of scrap purchasesRecent sales to Turkey and Bangladesh kept US export markets firmWeak steel markets in Vietnam cool...Read More
Liberty Steel Group, part of the GFG Alliance, is to buy French steel rail business Hayange and the Ascoval steelworks. Liberty Steel Group has committed to providing an initial ?,?65 million ($76.83 million) in new financing for Hayange and Ascoval to enact its industrial plan. Further details of development plans for the sites will be announced in due course, Liberty Steel said on Friday August...Read More
NORTH BAY - The Ontario government is investing $5 million in Norgalv to help the steel galvanizing company open a new plant in North Bay. The funding is being delivered through the Northern Ontario Heritage Fund Corporation (NOHFC) and will be used to build a new facility, purchase equipment and establish a single production line, creating 45 new full-time jobs."We are proud to support the expans...Read More
PICKERING - The Ontario government is supporting a plan by Ontario Power Generation (OPG) to safely extend the life of the Pickering Nuclear Generating Station. The updated schedule will provide electricity consumers with emission-free, low-cost energy and allow 4,500 high-quality jobs to remain in Durham region longer.Under its proposed plan, Ontario Power Generation (OPG) will keep Pickering's u...Read More
An overview of the battery raw materials markets and the latest price moves.Read More
What's your biggest fear?Snakes? Spiders? Sharks?Heights? Clowns? Airplane crashes?Public speaking? Heart Disease? Wolverines?Think of your biggest fear and hold it in your mind for a moment.(And email me if your greatest fear is in fact wolverines... because I have a lot of questions, beginning with why you are around wolverines in the first place.)Whatever you're thinking of right now can most l...Read More
China's battery-grade lithium prices held in the week ended Thursday August 13 due to a stalemate in negotiations between buyers and sellers. Buyer opposition to sellers' higher offers kept the Chinese battery-grade lithium carbonate price rangebound. China's lithium hydroxide market held for the fifth consecutive week. Continued weak Asian battery-grade lithium demand kept the spot mark...Read More