Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 21.China The Chinese ferro-silicon spot price remained as high as in the previous week with major alloy producers holding their offer prices at 6,800 yuan ($966) per tonne. Cross-provincial transport has slightly improved in the past week. Market participants expected a downtrend in the spo...Read More

Share this articleVANCOUVER - Teck Resources Ltd. is warning that it will take an impairment charge of about $1.13 billion if the federal government decides not to approve its Frontier oilsands mining project.A decision on the $20.6-billion, 260,000-barrel-per-day project, which is expected to produce about four million tonnes of greenhouse gas emissions per year over 40 years, is expected befor...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Nouveau Monde Graphite Inc. (TSX.V: NOU; OTCQX: NMGRF; Frankfurt: NM9) is developing the Matawinie graphite mining project, located in Saint-Michel-des-Saints, 150 km north of Montr?(C)al, QC, and it is the largest graphite operation projected in the Western world. The 2018 Feasibility Study revealed strong economics, with projected graphite concentrate production of 100,000 tons per year, with an...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday February 21.China The seaborne price of low-grade manganese ore was static, with buyers resisting attempts by some producers to raise offer prices, amid high inventories and weak demand. The seaborne price of high-grade manganese ore rose after some deals were concluded at higher offer levels, with l...Read More

Domestic prices for hot-rolled coil in Northern Europe have increased day on day due to better demand from distributors, sources told Fastmarkets on Friday February 21.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?483.99 ($522.49) per tonne on Friday February 21, up by ?,?2.92 per tonne from ?,?481.07 per tonne on February 20.The index was calculated ba...Read More

Today is Friday, February 21, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,645.35. It's up 1.57% from yesterday and up 24...Read More

Today is Friday, February 21, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Alliance Resource Partners LP (NASDAQ: ARLP), CNX Resources Corporation (NYSE: CNX), and VAALCO Energy (NYSE: EGY).Alliance Resource Partners LP (NASDAQ: ARLP)Alliance Resource Partners LP (NASDAQ: ARLP) is a $963.29 million company today with a one-year return of -61.09%. Let...Read More

Turkish domestic prices for hot-dipped galvanized coil (HDG) and color-coated coil increased in the week to Friday February 21, amid improving demand and low stock levels, sources told Fastmarkets.In addition, some coated coil producers still had a shortage of hot-rolled coil - the base product for coated flat steel - so were reluctant to give discounts.Domestic pricesLocal producers were offering...Read More

Hot-rolled coil import prices decreased in Turkey during the week ended Friday February 21, with demand remaining moderate due to low domestic stock levels across the country, market participants said.Scrap prices continued to increase during the week, with the Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, reaching $273.48 per tonne on February...Read More

Today we breach into a topic that no one on Wall Street or in the mainstream financial media wants discussed. It's almost taboo to even mention. That's because it's something that's collectively worth billions of dollars to the fat cats on Main Street and in the media.Your understanding of this could mean deeply cutting into the bottom line for some and crippling the ability to operate for others....Read More

Polish domestic rebar prices were stable during the week to Friday February 21 after a decrease the previous week, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, ex-works Poland, was unchanged at 2,050-2,150 zloty ($517-543) per tonne on February 21. This follows a decline to this level on February 14 from 2,150-2,200 zloty...Read More

Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website.1. Enthusiastic Aquilini - INK ResearchAs esports gains in popularity, Enthusiast Gaming Holdings (EGLX) has thrown its hat into the ring to try and profit from all the excitement. The compa...Read More

Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website.1. Managing eighty billion dollars worth of risk - Real VisionWith a record number of pension funds underfunded, the notion of having an "overfunded pension" can sound impossible. And yet th...Read More

Higher raw materials costs in the global market, particularly for scrap, spurred some Egyptian rebar producers to raise their offers to domestic customers during the week to Thursday February 20.Ezz Steel was offering rebar at E ?10,100 ($646) per tonne, up from E ?9,900 per tonne a week earlier, although it was ready to give an E ?80-per-tonne discount if a firm bid was made.Suez Steel announced...Read More

Here is the video summary of the INK morning report distributed to INK subscribers and Canadian Insider Club members on February 3rd. Gold and silver miner Bluestone Resources (BSR) received a boost from a familiar name in the mining industry. Now it looks set to climb the Lassonde mine life value curve.New CEO and new moneyGet full access to INK Research morning reports and much more by becomi...Read More

Prices in Southeast Asia's steel billet market declined during the week to Friday February 21 because of low-priced Japanese billet transactions and competitive offers for Chinese billet.But market sentiment turned positive towards the end of the week, with sources saying that prices are likely to have bottomed out for now.Fastmarkets' daily price assessment for steel billet, import, cfr Southeast...Read More

The inter-merchant spot market for light iron scrap in the UK was unchanged in the week ended Friday February 21, stable for a second week amid steady demand and regular increases in European scrap export prices, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?70-90 ($90-116) per tonne on Friday....Read More

The price of ferrous scrap imported into India surged this week on freight rate increases and a rising Turkish scrap market, sources told Fastmarkets on Friday February 21.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $303.09 per tonne on Friday, up by $16.13 per tonne from $286.96 per tonne one week ago.Deals for shredded at the start of the week were...Read More

Turkish deep-sea scrap import prices continued to surge on Friday February 21, with mills booking more cargoes for March shipment, sources told Fastmarkets.A steel producer in the Izmir region booked a US cargo comprising 18,000 tonnes of HMS 1&2 (80:20) at $280 per tonne, 10,000 tonnes of shredded at $285 per tonne and 2,000 tonnes of bonus at $290 per tonne cfr.Another steel mill in the Iskender...Read More