Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
The three-month zinc price on the London Metal Exchange was the top performer at the close of trading on Thursday June 18, with steady buying prompting its highest close since February, while copper futures consolidated above nearby support levels over the afternoon.Zinc's underlying price on the LME closed at $2,052 per tonne at 5pm London time, climbing from an intraday low of $2,012.50 pe...Read More
The London Metal Exchange three-month copper price rose during morning trading on Thursday June 18, breaching nearby resistance levels after a sizable fresh cancellation, while zinc futures maintained Wednesday afternoon's gains in a steady consolidation above $2,000 per tonne.LME copper's outright price was recently at $5,847.50 per tonne, climbing by over 1% from Wednesday's closing price of $5,...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
The term sheet was agreed with investment firm Lionhead Capital, whose founding partner Paul Quirk is a non-executive director at Cora.It includes US$6 million of equity, US$6 million of convertible debt and US$10 million of debt financing, and is dependent on Cora completing a positive definitive feasibility study (DFS) by the end of 2021.Cora's DFS needs to deliver a minimum six years' mine life...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that the Company has received its first major purchase order out of Australia for its UV350 dedicated in-vehicle IoT device, valued at approximately $300,000. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very pleased to enter into the Australian market with ou...Read More
"Although we continue to hold significant reservations about the eventual path of the earnings recovery and warn there are many challenges yet to be faced, our analysis now suggests that there isRead More
By: Gary SavageSPX short-term cycles, a head and tops topping pattern?Read More
By: Ira EpsteinGold is stuck in the middle of this dead zone. What is needed to get out of the range?Read More
IAMGOLD is the latest company to experience pushback and has suspended operations at its Rosebel gold mine in Suriname after the union resisted the implementation of prevention measures after seven workers were diagnosed with the virus.The union at Rosebel, which is forecast to produce 245,000-265,000 ounces of attributable production this year, resisted social distancing measures such as reducing...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
Domestic prices for ferrous scrap in Germany have increased by about ?,?5-10 per tonne month on month in June, sources told Fastmarkets on Thursday June 18.Fastmarkets' monthly price assessment for steel scrap No E3 (old thick steel scrap), domestic, delivered mill, Germany was ?,?235-245 ($264-275) per tonne on June 18, up by ?,?5 per tonne month on month from?,?230-240 per tonne in mid-May....Read More
Turkish steel mills booked no deep-sea cargoes on Thursday June 18, with a growing number of market participants now believing that prices have reached a peak, sources told Fastmarkets.News of a US deal from the beginning of the week was, however, heard on Thursday.A steel mill in the Izmir region booked a US cargo, comprising 15,000 tonnes of HMS 1&2 (80:20) at $265 per tonne and 15,000 tonnes of...Read More
Export prices for steel scrap from Japan remained largely unchanged in the week to Wednesday June 17, but market participants expecting to see lower prices in the next bookings.Japan's export scrap prices for H2 heavy scrap have been on a consistent upward trend since early April, but the high prices have put off many buyers over the past week, with key consumers in Taiwan concentrating...Read More
Markets were mixed again this morning, Thursday June 18; equity indices were weighing up the possible impact of second waves of Covid-19 against the supportive measures governments continue to provide and pledge. Asian-Pacific equity markets were mainly weaker this morning, as were pre-market major western equity index futures; the exception was China's CSI 300 Index. Developing Asian countries to...Read More
Last week, I spent most of my time in front of the television.I was battling a serious case of vertigo, and it made it nearly impossible to work on my computer, read a book, or do any kind of physical activity.So, I parked it in front of the idiot box and binged watched Vikings.Without a doubt, one of the best series on television. I got so caught up in it, that when the room stopped spinning and...Read More
On Thursday June 18, Fastmarkets launched two trade logs covering battery-grade lithium prices. The battery-grade lithium carbonate and lithium hydroxide trade logs cover the following prices: Lithium hydroxide monohydrate 56.5% LiOH.H2O min, battery grade, spot price cif China, Japan & Korea, $/kg ...Read More
Key data from the Wednesday June 17 pricing session in London. Key drivers Increased spot inquiry fails to continue into this week, with market participants indicating a short round of pre-summer restocking, that has now been concluded. Sources say strong...Read More