(Updates with closing prices) By Peter Hobson LONDON, Jan 3 (Reuters) - Copper and most other industrialmetals fell on Friday as the killing of a top Iranian commanderby the United States sent shockwaves through markets, pushingoil prices sharply higher.Investors rushed to safe-haven assets such as gold and stockmarkets fell as Iran said it would seek revenge. Benchmark copper on the London Metal...Read More
China's domestic hot-rolled coil prices were largely steady on Friday January 3 amid an inactive market.DomesticEastern China (Shanghai): 3,900-3,910 yuan ($559-561) per tonne, narrowed downward by 10 yuan per tonneNorthern China (Tangshan): 3,640 yuan per tonne, unchangedMost sellers kept their prices unchanged, though a few of them lowered them slightly to generate sales.But buyers kept their pr...Read More
China's domestic rebar market was mixed on Friday January 3, with prices in the eastern region falling on supply pressure while those in the northern gained some strength in the absence of that factor.Eastern China (Shanghai): 3,690-3,720 yuan ($530-534) per tonne, down 10-20 yuan per tonneNorthern China (Beijing): 3,550-3,580 yuan per tonne, up 20-30 yuan per tonneSustained deliveries to the spot...Read More
U.S. equity index futures were lower this morning following news that a U.S. airstrike killed an Iranian general and a top Iraqi commander. S&P 500 futures were down 36 points to 3,222.75.Iran warned retaliation for the U.S. airstrike. Commodity markets responded. WTI Crude Oil jumped $2.27 to $63.45 per barrel. Energy stocks are expected to open higher. . Gold jumped $36.00 to $1,548.30 per o...Read More
The latest selenium transactions, bids, offers and assessments in Europe reported to Fastmarkets.Unless otherwise stated, all prices are per lb and on an in-warehouse Rotterdam basis. Delivered prices are netted back.To view the latest price assessment for selenium, 99.5% Se min, in-whs Rotterdam, click...Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse (in-whs) basis. Delivered prices are netted back. Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse (in-whs) basis. Delivered prices are netted back. Fastmarkets...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
Editor's note: America's no.1 futurist George Gilder, fears the U.S. has lost its technological and entrepreneurial edge. China has instead emerged as the next global technological leader. Today Mr. Gilder defends a controversial Chinese company against accusations by The Wall Street Journal, and shows you why the U.S. is in no position to complain.Dear Reader,On Christmas day, overflowing with ho...Read More
Fastmarkets is proposing to discontinue the calculation and publication of its China cobalt sulfate, Co 20.5% min, ex-works, adjustment to the low-grade cobalt low-end price. The China cobalt sulfate, exw standard-grade adjustment is calculated against Fastmarkets' assessment of the all-in exw China cobalt sulfate price and the low end of the standard-grade cobalt price. Fastmarkets has...Read More
Prices for stainless steel flat products in Europe moved down during the week to Friday January 3, sources Fastmarkets.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304 transaction domestic, delivered North Europe was ?,?2,100-2,140 ($2,350-2,395) per tonne on January 3, down from ?,?2,130-2,150 per...Read More
Prices for austenitic grades of stainless steel scrap were unchanged during the week to Friday January 3 due to minimal market activity after the Christmas and New Year's holidays across Europe.Fastmarkets' price assessment for stainless steel scrap 316 solids domestic, delivered merchants UK price held at ?1,150-1,180...Read More
Ferrous scrap prices in Asia have started to come off in the new year, with market sources expecting a downward trend to emerge in the near term.Taiwanese buyers lowered their bids this week in the face of limited offers, especially after domestic billet prices in Turkey started to dip. Major Turkish mills were reported to have lowered their offers for the semi-finished product by $5-10 per tonne....Read More
Cordoba Minerals (TSXV: CDB) says a strategic investment from China's JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January.JCHX is currently completing underground development work in the Democratic Republic of Congo at the Kamoa-Kakula copper project, which is jointly operated by Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF)...Read More
Recently listed Dore Copper Mining (TSXV: DCMC) has signed an option agreement to acquire 100% of the Joe Mann gold mine in Quebec. The project is 50 km from the company's Copper Rand mill, which previously processed material from the mine between 2004 and the mine's closure in 2007.The 2,700-tonne-per-day Copper Rand concentrator is 8 km southwest of Chibougamau.The Joe Mann gold mine, privately...Read More
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TORONTO ,Jan. 2, 2020/CNW/ - Dor?(C) Copper Mining Corp. (theRead full newsRead More
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