The latest forecasts from Fastmarkets' team of analysts are ready to view.Key ferro-alloy forecast highlights for the coming months:?EUR? A strong recovery in both bulk and noble alloys is expected in 2021 but the markets are unlikely to return to the levels seen before the outbreak of the Covid-19 pandemic. We have seen a quicker-than-expected recovery across various regions amid the economic fal...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Prices for most ferro-alloys maintained their upward momentum into October, solidifying previous gains and reflecting the improved demand from steelmakers, the rebuilding of depleted inventories, and the supply-side concerns following both planned and unplanned outages. Gains were noted for ferro-silicon, silicon metal, mang...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloys forecast highlights:Prices across most ore and alloy markets trended higher in September, buoyed by improving demand from steelmakers with the end of the summer holiday season in Europe and the United States, as well as maintained demand from Chinese steel mills. Tightening of alloy inventories...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Fastmarkets analysts were invited to present our outlook for the coking coal market at Coaltrans Asia, held online on November 23-25. One of the key topics at the event was the trade tensions between China and Australia, which overtook Mongolia to become the largest coking coal exporter to China this year...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In the iron ore market, supply issues including heavy rains at the start of the year, followed by staffing problems during the Covid-19 pandemic, have affected exports from Brazil. This has helped Australia gain a larger market share, but since June, Brazilian export volumes have returned to levels last seen before the...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese blast furnace (BF) utilization rates have stagnated and iron ore port stock volumes are rising, reaching their highest levels since March, which suggests that iron ore supply is becoming excessive while demand is not growing. Unsurprisingly, prices dropped last week and we expect the trend to continue. The market has...Read More
RAPAPORT... Ukrainian jewelry influencer Tatyana Pfaifer has launched an international competition for industry members, pledging to give $100,000 in prizes.The Jewellery Masterpiece Awards will honor excellence and artistry in the jewelry world on an annual basis, said Pfaifer, who runs the @Jewellery_Masterpiece Instagram and Facebook pages. She is inviting entries from jewelry artists, des...Read More
RAPAPORT... Lucapa Diamond Company has recovered yet another large rough stone as its African mines continue to produce high-value diamonds.The company found a 114-carat, D-color, type IIa diamond at its Lulo alluvial mine in Angola, it said Friday. The stone was the third above 100 carats Lulo has produced in the past eight weeks, after the miner discovered diamonds weighing 104 and 113 cara...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.We spoke in our previous tracker of stainless steel prices ending 2020 on a high. That trend has continued during early 2021 and, in fact, the upward rally in prices has increased its momentum.Compared with the monthly price increase of some 5% seen at the end of 2020, prices for grade-304 stainless steel in al...Read More
RAPAPORT... Sarine Technologies moved into the black in 2020 as deep cost cuts enabled the supplier of diamond-manufacturing equipment to weather the Covid-19 crisis.The Israel-based company reported a net profit of $2.4 million for the full year, compared with a loss of $1.4 million in 2019. This came despite a 20% drop in revenue to $41 million, Sarine reported Monday."The group took aggres...Read More
RAPAPORT... Alrosa will auction a 242.31-carat diamond in Dubai later this month, one of the largest gem-quality rough stones the Russian miner has unearthed in the past decade, it said Friday. The opening price will be in excess of $2 million.The March 22 sale will mark Alrosa's 100th large-diamond auction. The company rarely trades Russian-mined rough diamonds of this magnitude - those that...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.Following...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.Prices of stainless steel are generally set to reach highs for the year as 2020 comes to a close. For the most common nickel-containing grades of stainless steel, this upward trend is being driven above all by rising nickel prices, which themselves are hitting relatively high levels into the end of 2020.The price increases si...Read More
(IDEX Online) - Mountain Province is preparing to resume operations after a Covid outbreak closed its Gahcho Kue mine for almost a month. At least 19 workers at the site (pictured), in Canada's remote Arctic tundra, tested positive for the virus.The unscheduled closure is a further blow for the miner, which reported diamond sales down almost 18 per cent to to $208.2m in its full-ye...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.While much commentary has been written about Asian economies performing far better than those elsewhere this year during the global Covid-19 pandemic, it is stainless steel markets in Europe and the United States that are ending the year in better shape than their Asian counterparts.We do not talk of demand levels or demand g...Read More
(IDEX Online) - Anya Taylor-Joy wore over $2.3m of Tiffany & Co diamonds as she won a Golden Globes award for The Queen's Gambit.The 24-year-old actress appeared at last night's virtual event with a $250,000 platinum and diamonds pendant, a pair of $1.9m platinum and diamond earrings and a $160,000 platinum and diamond ring.US-born Taylor-Joy (pictured) paired the pieces with a green...Read More
(IDEX Online) - February saw another mixed bag of prices movements. Larger rounds - those over three carats - fared well but smaller fancies suffered.RoundsThere was mixed activity in goods of 0.70-cts and smaller during February, with slightly more downward movement in the 0.80 to 1.00-ct sizes, and a clear upward trend in larger goods of 3.00-4.99-cts. Price rises dominated among 0.50...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.While a world leader in many areas, the United States is a relatively small player when it comes to stainless steel. It produces a small amount of material, both in absolute and relative terms (i.e. compared to the size of its population), while a large share of its industry is in the hands of bigger European companies. Never...Read More
The price of tin fell throughout the day on Monday March 1 to its lowest in two weeks at the close of trading on the London Metal Exchange, while the fortunes of the rest of the base-metals complex was mixed following strong losses on the previous Friday.Tin's three-month price was down to $23,460 per tonne on March 1, its lowest 5pm closing price since February 12.The metal was rallying until Fri...Read More