The price of nickel ore narrowed upward amid limited supply in the week to Friday July 26 amid bad weather and increasing Covid-19 infections in southeast Asia, while the cargo liquefaction of nickel ores also concerned sources, Fastmarkets learned.Fastmarkets' latest assessment for the price of laterite ore with 1.5% Ni content, cif China was $78-80 per tonne on Friday July 23, up by $3 (1.0...Read More

The strike follows seven weeks of negotiations and is due to what Unifor president Jerry Dias, called "Rio Tinto's greed and lack of respect'" for the union members.Read More

China's leading stainless steel producer, Tsingshan Group, has set its tender price for August-delivery ferro-chrome at 10,795 yuan ($1,665) per tonne, the company announced on Monday July 26. This is its highest tender price since September 2008.The tender price is also 2,400 yuan per tonne (29%) than what the eastern Chinese mill had sought for July-delivery material.Supply interruptions Market...Read More

Here are five Fastmarkets stories you might have missed on Monday July 26 that are worth another look.China's drive to achieve peak carbon by 2030 and carbon neutrality by 2060 will likely mean a higher steel industry concentration ratio in time, sources told Fastmarkets.Norway-based aluminium and renewable...Read More

A summary of China's battery raw materials exports for June 2021.In brief Exports of cobalt tetroxide increased both month on month and year on year in June amid rising buying appetite from South Korea, the Netherlands and Belgium.Lithium carbonate exports fell slightly on a monthly...Read More

Base metals prices on the Shanghai Futures Exchange were up by an average of 1.1% this morning, Monday July 26, while they followed Friday's gains on the London Metal Exchange that averaged 1.3%. Chinese equities under pressure after authorities tighten regulationsPre-market western equity index futures showing a weaker startBase metalsLME three-month base metals prices were mainly weaker this mor...Read More

Share this article TORONTO - Dundee Precious Metals Inc. (TSX:DPM) reported the successful completion of its previously announced acquisition of INV Metals Inc. pursuant to a court-approved plan of arrangement. Pursuant to the Arrangement, each former INV Metals shareholder is entitled to receive 0.0910 of a DPM common share for each INV Metals common share held.DPM has acquired all of the outsta...Read More

A summary of China's battery raw materials exports for June 2021.In brief Exports of cobalt tetroxide increased both month on month and year on year in June amid rising buying appetite from South Korea, the Netherlands and Belgium.Lithium carbonate exports fell slightly on a monthly...Read More

A summary of China's battery raw materials imports for June 2021.In Brief Imports of cobalt intermediates increased in June with improved logistics and buying appetite increased due to rising downstream cobalt salts prices. Imports of cobalt metal decreased month on month with most materials being purchased by overseas buyers driven by...Read More

$2.5 billion...That's how much U.S. consumers spent on plant-based milk last year.On top of that, they spent nearly $2 billion ($1.9 billion to be exact) on other plant-based dairy products, such as yogurt, creamers, and ice cream.And here's the interesting part...These plant-based dairy consumers are not all vegans. In fact, the majority of these consumers are omnivores.So why are so many non-veg...Read More

In this week's Insights, we assess what our signals on the INK platform are flashing about the prospects for inflation-oriented stocks.Energy stocks on saleSpoiler alert: our insider of the week has been buying the dip. Click here to read. Read More

The world's biggest energy producers are sitting on a secret that threatens to unravel the entire market. Instead of embracing progress and investing in the future, massive corporations like Shell and BP are clinging to the past - at your expense. Public opinion and government pressure have been forcing the fossil fuel industry into a corner for years now. The people have spoken, and they want a...Read More

Key data from the Friday July 23 pricing session in China.Key driversChina's spot domestic cobalt metal prices were broadly stable due to slight fluctuations in local future prices in the second half of the week. Most buyers kept holding watchful attitudes and only purchased small volumes of materials.The cobalt tetroxide market remained quiet...Read More

Here are five Fastmarkets stories you might have missed on Monday July 26 that are worth another look.China's drive to achieve peak carbon by 2030 and carbon neutrality by 2060 will likely mean a higher steel industry concentration ratio in time, sources told Fastmarkets.Norway-based aluminium and renewable...Read More

Domestic prices for hot-rolled coil were fairly stable in Europe over the week ended Friday July 23 due to a seasonal demand slowdown and limited availability.Firm offers were still scarce in the Northern European HRC market. Mills in the region had good order books and could only offer fourth-quarter production HRC, with some of them claiming to be sold out until the year-end.The already short su...Read More

Domestic prices for hot-rolled coil inched down in Northern Europe but were unchanged in Italy on Monday July 26 due to limited trading activity, sources told Fastmarkets.Offers from Northern European suppliers remained limited. Mills in the region had good order books and could only offer fourth-quarter-production HRC, with some of them claiming to be sold out until the end of the year, sources s...Read More

Typhoon In-fa made landfall in eastern China's Zhejiang province on Friday July 23, resulting in a serious drop in demand for steel products and disruptions to transport in coastal areas.Zhejiang and Shanghai have had heavy rain since Friday night, and the typhoon was forecast to reach Jiangsu and Shandong provinces in the next two days.Construction sites have gradually been stopping work since la...Read More

Spot rebar import prices in Singapore widened downward during the week to Monday July 26 on the return of Indian material in the spot market, sources told Fastmarkets.An Indian rebar cargo was offered by a trader at $740-745 per tonne cfr Singapore, although this was not met by any interest from Singaporean buyers.There were also offers for Middle Eastern rebar at $750-755 per tonne cfr Singapore...Read More

China's domestic rebar prices maintained their upward trend on Monday July 26 on replenishment demand from trading houses, but end user demand remained weak, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,340-5,370 yuan ($823-828) per tonne, up by 70-80 yuan per tonneTrading houses purchased actively on Monday because they expect rebar prices to rise due to likely production res...Read More

"How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually, then suddenly."These lines from Ernest Hemingway's novel The Sun Also Rises, reveal a lot about the human experience when it comes to success and failure.With the economy in an artificially inflated bubble, it is eminent that there will be winners and losers when it pops. Those that are successful will be the ones that have...Read More