The steel mesh-quality wire rod market in the south of Europe moved up in line with what sources had expected this week, with short availability and expensive scrap driving prices, market participants told Fastmarkets on Wednesday January 13.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe was ?,?650 ($791) per tonne on Wednesday January 1...Read More

The Turkish deep-sea markets remained largely silent on the third working day of the week, but with sentiment beginning to turn negative, sources said on Wednesday January 13.After a number of steel scrap cargoes were booked at the end of last week, the mills stepped back from deep-sea bookings."The number of offers is increasing, especially from US merchants. I think this might be a sign of a dow...Read More

Look beyond market approach to project valuations: van ZylLeadershipNeo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesThe ramp-up was hobbled by COVID-19 impacts last year and the need for a geotechnical review, with the company striking deals...Read More

Seaborne coking coal prices in the fob market were higher across the board on Wednesday January 13 following a transaction sealed at a higher price. Fastmarkets indices Premium hard coking coal, fob DBCT: $114.38 per tonne, up $10.39 per tonne Premium hard coking coal, cfr Jingtang: $208.95 per tonne, up $0.76 per tonne Hard coking coal, fob DBCT: $102.29 per tonne, up $7.98 per tonne Hard coking....Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe PEA will consider potential development options for the various deposits—which include...Read More

The seaborne iron ore lump premium rose on Wednesday January 13, supported by firm demand and limited supply, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $170.11 per tonne, down $2.56 per tonne 62% Fe low-alumina fines, cfr Qingdao: $170.90 per tonne, down $2.10 per tonne 58% Fe fines high-grade premium, cfr Qingdao: $156.92 per tonne, down $0.78 per tonne 65%...Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe company intersected 126.2m grading 0.31 grams per tonne gold, 0.53% copper and 34.6g/t silve...Read More

Coal exports from Australia's metallurgical coal hub of Queensland fell by 10.2% in December 2020 from the same period in 2019 but were 18.9% higher month on month.Some 18.66 million tonnes of coal - including thermal coal - were shipped from the region last month, compared with 20.78 million tonnes a year earlier and 15.69 million tonnes in November, according to data from North Queensland...Read More

After strong gains on the London Metal Exchange on Tuesday January 12, when prices closed up with gains averaging 1.8%, prices were for the most part little changed this morning, with nickel the main mover.Nickel prices have been moving higher while the market reacts to a mining ban on the island of Tumbagan in the Philippines and as supply in New Caledonia continues to be disrupted by protesters....Read More

Bausch Health (BHC), a TSX 60 stock moved above Cdn$30.52 extending an intermediate uptrend. Quarterly results beat consensus.Couche Tard (ATD.B), a TSX 60 stock moved below Cdn$40.32 on rumors that it has offered to purchase Carrefour. Canadian "gassy" stocks continue moving higher. Birchcliffe Energy moved above $2.17 extending an intermediate uptrend.  Pre-opening Comments for Wednesday Ja...Read More

Lead and nickel's forward prices had the biggest increases among the London Metals Exchange complex on Wednesday January 13, with the rest of the metals trading sideways amid supportive sentiment from the prospect of a new stimulus package in the United States. Lead's three-month price was at $2,039.50 per tonne just before 9:30am, a 0.9% increase from its closing price on Tuesday. The metal fell...Read More

After strong gains on the London Metal Exchange on Tuesday January 12, when prices closed up with gains averaging 1.8%, prices were for the most part little changed this morning, with nickel the main mover.Nickel prices have been moving higher while the market reacts to a mining ban on the island of Tumbagan in the Philippines and as supply from miner SLN in New Caledonia continues to be disrupted...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday January 13.Key drivers The European ferro-titanium market followed a slow start to the year with another low-key trading week, although strong buying interest in Asia was encouraging higher offer prices in Europe. Only a few truckloads of alloy were reported being sold at $7.80 per kg delivered in Europe.Most business was repor...Read More

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam, $/lb at 17.45-18.05 on Wednesday January 13, 2021.Sale...Read More

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt alloy grade, in-whs Rotterdam,...Read More

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt hydroxide p...Read More

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More

Prices of both Chinese imported charge chrome and UG2 chrome ore continued to rise in the week to Tuesday January 12, supported by a surging domestic spot ferro-chrome market. The city of Ulanqab, a major ferro-alloy production hub in China's autonomous region of Inner Mongolia, has ordered smelters to shut down their small furnaces. The expectation of resultant lower supply in the short term imme...Read More

Nickel premiums in the United States and China rose in the week to Tuesday January 12 on stronger demand for metal in both regions, while premiums in Europe were unchanged.US briquette premium increases 25% from record low.Narrowing import arb in China spurs bullish sentiment.European demand dampened by high London Metal Exchange price.US briquette premium rises from floorThe nickel briquette prem...Read More