Young investors should take risks if there’s a good shot at obtaining market-beating results over the long term. If the risk/reward scenario makes sense and time is on your side (you’ve got at least five years to invest), some of the higher-flying, high-growth Canadian stocks may make sense to buy, at least in part. Getting some skin in the game in a company you truly believe in over t...Read More
Is your internet slow?Do you ever just sit there, watching your cursor make an infinite loop of circles while you wait for a link to open and content to load?Does your web browser freeze up or crash when all those ridiculous video ads automatically start to play?Well it's not just you, or your computer.It's the internet.It's America's internet.It's terrible.That might seem kind of strange since we...Read More
Here are five Fastmarkets stories you might have missed on Wednesday August 11 that are worth another look.ArcelorMittal will start up a third rolling mill at its Jo??o Monlevade long steel plant in Brazil's southeastern Minas Gerais state in January 2022, due to strong demand and...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 11.Please click...Read More
Tin's three-month price reached yet another all-time peak of $35,795 per tonne on Wednesday August 11 on the London Metal Exchange. Most other base metals, copper being the sole exception, were also up while the US Dollar Index pulled back slightly.Months-long supply tightness and continued demand for tin meant that its three-month price has risen by 70% since the start of the year, having been $2...Read More
Spot ferro-chrome prices in China continued to correct downward after peaking at a 13-year high point at the end of July, despite the continuing output restrictions caused by power supply limitations in a number of production regions.Fastmarkets' price assessment for ferro-chrome, spot, 6-8% C, basis 50% Cr, ddp China, fell by 400-500 yuan to 10,400-10,800 yuan ($1,603-1,665) per tonne on Tuesday...Read More
Union leaders and the operating company of Chile's Escondida mine have agreed terms on a new collective bargaining agreement, potentially avoiding a proposed strike at the world's largest copper mine.In a statement reported in the Chliean daily El Mercurio, operating company Minera Escondida said: "The company and the directors of the Union No1 have concluded negotiations [on a] collecti...Read More
The company said the schedule to achieve 75% of full production of 2.7Mtpa had increased by 1.Read More
Liontown is aiming to deliver a definitive feasibility study for its Kathleen Valley project in Western Australia by year-end and be in production in 2024.Read More
Swiss trader ArrowMetals & Trading is building a base metals concentrates desk, having hired three traders in the past month.Julian Gonzalez, Raphael Senn and Javier Villegas, all formerly of Cliveden Trading, have recently joined Arrow to trade copper, zinc and...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Dalila...Read More
An overview of the consumer electronics markets and their latest price moves.Janie Davies and Dalila...Read More
Turkish steel mills remained out of the deep-sea scrap market on Wednesday August 11, booking no new cargoes, sources told Fastmarkets.With no new transactions heard, the market remained steady.A small number of older cargo deals had come to light at the start of this week, for material...Read More
Japanese steel scrap exporters were unwilling to part with large tonnages of material at current market prices ahead of a long holiday in the country starting this week, sources told Fastmarkets on Wednesday August 11.Japanese sellers cautious about new salesLarge gap between containerized and bulk-shipment prices for Taiwan imported scrapChinese scrap import market quiet despite futures gains; pr...Read More
Base metals prices on the LME were mainly weaker this morning, Wednesday August 11, after average rebound gains of 1.4% on Tuesday, while SHFE base metals prices were mainly stronger in reaction to yesterday's LME gains.US Senate passes $1 trillion infrastructure bill, focused on the transport system Wall Street set fresh record highs on Tuesday US dollar strong and climbing and US treasury yields...Read More
Share this article VANCOUVER - Critical Elements Lithium Corp. [CRE-TSXV, CRECF-OTCQX, F12-FSE] shares rallied Wednesday after the company said the Canadian Government has rendered a favourable decision in relation to its proposed Rose Lithium-Tantalum Mining Project in James Bay, Quebec.Critical Elements has said it aspires to become a large, responsible supplier of lithium to the electric vehic...Read More
Here are five Fastmarkets stories you might have missed on Wednesday August 11 that are worth another look.ArcelorMittal will start up a third rolling mill at its Jo??o Monlevade long steel plant in Brazil's southeastern Minas Gerais state in January 2022, due to strong demand and...Read More
Domestic prices for heavy steel plate in Europe moved down slightly in the week ended Wednesday August 11 due to limited trading activity, sources told Fastmarkets.Demand has been weak because of the seasonal slowdown across Europe, but this was expected to recover in September, following the traditional cycle.In addition, competitive offers from Central Europe have contributed to the downbeat sen...Read More
If I were to ask you when we first started to fall in love with coal, there are dozens of answers you might give me.Perhaps some of the younger crowd would say 1990, when coal consumption in the U.S. topped 1 billion tons that year for the first time in history. Or maybe a few of the grizzled veterans in our investment community here would say 1961, the year that coal became a major go-to fuel to...Read More
Domestic prices for hot-rolled coil were stable in Northern Europe and down in Italy on Wednesday August 11 due to seasonally weak trading activity, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,138.13 ($1,334.51) per tonne on August 11, down by ?,?0.62 per tonne from ?,?1,138.75 per tonne on August 10.The index was dow...Read More