A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday July 14.Please click...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 14 that are worth another look.The International Rebar Producers & Exporters Association (Irepas) expects the prospects for global long steel products to remain satisfactory for the rest of 2021 and for 2022.The European Commission adopted on July 14...Read More

Investment and management company Dada Holdings has sold a portion of its stake in New Day Aluminum Holdings to Concord Resources Ltd, the companies said.The deal, for an undisclosed sum, gives the commodities merchant trader a substantially larger equity interest in New Day, which is the parent of Noranda Bauxite, Noranda Alumina and Niche Industrial Chemicals.In addition to retaining a minority...Read More

Market terms for copper concentrates reached a 10-year high in April 2021; since then it has only been uphill for sellers.Fastmarkets' calculation of the index for copper concentrates TC/RC, which measures a mid-point for processing fees paid to smelters, hit $42.40 per tonne/ 4.24 cents per lb on July 9, almost double the low set on April 9.Over the weekend, information began to filter throu...Read More

"This is not going to be music to the Fed's ears," Nuveen chief investment officer of global equities Saira Malik said on Bloomberg TV."The Fed is going to be acknowledging that inflation is going to be running hotter going forward. We're also dealing with peak earnings growth in the second quarter and also the Delta variant. That makes for a tough climb in the second half of this year."...Read More

China's domestic ferro-chrome prices rose further in the week ending Tuesday July 13 after major production regions imposed tighter power restrictions, while prices for imported charge chrome followed suit amid bullish sentiment across international markets.The county of Huade in Inner Mongolia ordered a number of local smelters to halt production for 15-20 days from July 6 because they exceeded t...Read More

A sharp run-up in the iron ore price in China - the world's biggest consumer and importer of the key steelmaking ingredient - at the end of last year and again in May "were not beneficial for theRead More

Here are five Fastmarkets stories you might have missed on Wednesday July 14 that are worth another look.The International Rebar Producers & Exporters Association (Irepas) expects the prospects for global long steel products to remain satisfactory for the rest of 2021 and for 2022.The European Commission adopted on July 14...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies and...Read More

The European Commission (EC) adopted on Wednesday July 14 a package of proposals under the EU Green deal that affect the metals industry, including a Carbon Border Adjustment Mechanism (CBAM).The CBAM will apply to imports into the EU of iron and steel, aluminium, cement, fertilizers and electricity.During a transition period from 2023 to 2025, importers will have to report the emissions embodied...Read More

Chinese authorities are unlikely to lower barriers to allow more lower-grade scrap to enter the country, panelists said at the Singapore Steel Forum 2021 on Wednesday July 14.China imported 221,409 tonnes of ferrous scrap in the first five months of 2021, according to Chinese customs statistics, which was a 2,894% increase from the same period in 2020.Most of the material imported has been higher...Read More

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally weaker this morning, Wednesday July 14, after stronger-than-expected inflation data from the United States on Tuesday raised concerns.US consumer price index (CPI) climbed by 0.9% month on month in June, after a 0.6% rise in MayUS 10-year treasury yields rebound to 1.4%, after a low of 1.25% last week...Read More

Share this article TORONTO - Fredonia Mining Inc. (formerly Richmond Road Capital Corp.) (TSXV: FRED) reported that further to the press release issued on June 28, 2021 in respect of the subscription receipt financing of $6.4 million, the escrow release conditions under the Offering have been satisfied and Fredonia has received approval from the TSX Venture Exchange to list its common shares on t...Read More

Share this article TORONTO - OceanaGold [OCG-TSX, OCGT-ASX] is poised to restart its Didipio gold-copper mine after the Philippine Government renewed the Didipio Mine Financial and Technical Assistance Agreement (FTAA) for an additional 25 years.The shares rallied on the news, rising 6.0% or 13.5 cents to $2.40 on volume of 3.26 million. The shares are currently trading in a 52-week range of $4.0...Read More

We spoke with Dr. Adrian McArthur, CEO and Director of Meridian Mining UK S (TSXV: MNO) - a mineral exploration company, focused on becoming the next mid-tier, Copper-Gold developer, with a focus on Brazil. The Company's priority is the Caba??al project, an advanced, VMS district scale Cu-Au project, located in the state of Mato Grosso. The project has an extensive database of 400 historic diamond...Read More

The European Commission (EC) adopted on Wednesday July 14 a package of proposals under the EU Green deal that affect the metals industry, including a Carbon Border Adjustment Mechanism (CBAM).The CBAM will apply to imports into the EU of iron and steel, aluminium, cement, fertilizers and electricity.During a transition period from 2023 to 2025, importers will have to report the emissions embodied...Read More

Four years ago, my mother-in-law gave me a little piece of advice that I practically dismissed at the time. It was a tip to check out the lithium market. Mind you, this was back in 2017, when every news headline and two-minute clip on CNBC was gushing over Tesla, Elon Musk, and the lithium boom that was raging at the time. So we had already set our sights on the next leg of the EV boom by the t...Read More

Domestic prices for hot-rolled coil across Europe have remained high despite a slowdown in demand and competitive import offers, sources told Fastmarkets on Wednesday July 14.Buyers were reported to be largely inactive in the market due to the effect of the seasonal slowdown. They have also been holding back from acquiring substantial volumes over the past few weeks, mainly due to still-high price...Read More

Domestic prices for cold-rolled coil in Europe have remained high despite competitive import offers to the region in the week to Wednesday July 14, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel CRC, import, cfr main port Northern Europe, was ?,?1,150-1,200 ($1,360-1,419) per tonne on July 14, down by ?,?50 per tonne week on week from ?,?1,200-1,250 per tonne.The assessmen...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 14 that are worth another look.The International Rebar Producers & Exporters Association (Irepas) expects the prospects for global long steel products to remain satisfactory for the rest of 2021 and for 2022.The European Commission adopted on July 14...Read More