This year, the report's key Investment Risk Index (IRI) expanded to cover 99 jurisdictions, providing ratings across five core areas of mining-related risk: Legal, Governance, Social, Fiscal and Infrastructure.Head of Aspermont research and intelligence Chris Cann said the relevance of robust risk management tools had increased since the publication of last year's report."Though we were without th...Read More

By: Ira EpsteinGold resistance in DEC-Gold around $1485-1488. Neutralize the bear case short-term with a move above $1,496:Read More

There will be short covering and renewed buying in gold and silver if they rise today and tomorrow. Better to wait and watch before going short. Crude oil if it rises till Monday will break past $60.00 and may be even form a lower base at $60.00. China is in a recession. There is severe jobs woes in China just like India. Chinese urban jobless rate continues to climb. Chinese service activity ex...Read More

Key data from the Wednesday November 13 pricing sessions in Shanghai and London. Key drivers China's cobalt sulfate price dropped by 6% from last Friday when weak demand forced suppliers to cut offers to encourage sales and facilitate cashflow in the run-up to year-end.The cobalt tetroxide price is under...Read More

While the ferro-alloys industry prepares to gather in Budapest for the annual International Ferro-alloys conference on November 17-19, Fastmarkets looks at the key price moves since last year's conference. An overall bearish mood has prevailed in most of the ferro-alloys and related markets for most of the year amid oversupply and weakening demand. Some prices are now trading at multi-year lows in...Read More

Turkish steel producers have continued to book scrap shipments for December deliveries at prices remaining largely stable, sources said on Thursday November 14.A steel mill in the Marmara region booked a US cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $260 per tonne, 12,000 tonnes of shredded at $265 per tonne and 3,000 tonnes of plate and structural scrap (P&S) at $270 per tonne cfr late...Read More

Fastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.This will ensure consistency of published values across all of Fastmarkets MB's delivery channels.Where Fastmarkets MB publishes prices as a low-high range, users have the option to view the calculated midpoint of that range. From Monday December 9, Fastmarke...Read More

China's annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country's steel output, according to the China Association of Metal Scrap Utilization (Camu)."China continues to maintain its course of expanding the usage of ferrous scrap in steelmaking, as part of its aim to reduce pollution. Using ferrous scrap can reduce 1.6 tonnes of carbon emissions for...Read More

Key data from the Wednesday November 13 pricing sessions in Shanghai and London. Key drivers China's cobalt sulfate price dropped by 6% from last Friday when weak demand forced suppliers to cut offers to encourage sales and facilitate cashflow in the run-up to year-end.The cobalt tetroxide price is under...Read More

It may not be politically correct to say this, but I'm going to say it anyway...If you're beautiful, you can get away with anything.Nowhere is this more apparent than with Mina Chang, the senior Trump official who not only lied about her qualifications to get the job of Deputy Assistant Secretary for the Bureau of Conflict and Stabilization Operations but even faked a Time magazine cover with her...Read More

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are in yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets MB prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co...Read More

Argentina's steel consumption is likely to be little changed from this year's level in 2020 and recover only in 2021, according to a preliminary forecast by Ternium Argentina.Next year is expected to be a period of transition due to the change of government in the country, Ternium Argentina general director Mart?-n Berardi said on Wednesday November 13 during the 60th Latin American Steel Congress...Read More

Support for steel plate prices in Asia was likely to continue in 2020 because of the environmental restrictions imposed by the Chinese government on steelmaking during the coming winter, a source at a leading Japanese steel mill told Fastmarkets this week."Reduced supply in winter, when Chinese producers cut back their output, means that prices are likely to move up from now on," the source said.C...Read More

Fastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.This will ensure consistency of published values across all of Fastmarkets MB's delivery channels.Where Fastmarkets MB publishes prices as a low-high range, users have the option to view the calculated midpoint of that range. From Monday December 9, Fastmarke...Read More

Here are five Fastmarkets MB stories you might have missed on Thursday November 14 that are worth another look.China's annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country's steel output, according to the China Association of Metal Scrap Utilization (Camu).Copper miners and smelters look set to agree the lowest annual benchmark for concentrate i...Read More

Rebar and wire rod prices in the Turkish domestic market have gone up slightly over the past week, in line with higher scrap costs and recovering demand, sources said on Thursday November 14.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was 2,850-2,900 Turkish lira ($495-504) per tonne, narrowing up from the last week's 2,830-2,900 Turkish lira pe...Read More

Prices for steel rebar and billet in Egypt rose in the week ended Thursday November 14, stimulating demand as buyers looked to avoid being caught by any further increases, sources told Fastmarkets.Egyptian rebar producers were offering rebar at E ?9,600-10,370 ($594-641) per tonne ex-works including 14% VAT, up from last week's E ?9,600-9,900 per tonne ex-works including VAT.Some Egyptian rebar pr...Read More

Turkish steel producers have continued to book scrap shipments for December deliveries at prices remaining largely stable, sources said on Thursday November 14.A steel mill in the Marmara region booked a US cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $260 per tonne, 12,000 tonnes of shredded at $265 per tonne and 3,000 tonnes of plate and structural scrap (P&S) at $270 per tonne cfr late...Read More

Fastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.This will ensure consistency of published values across all of Fastmarkets MB's delivery channels.Where Fastmarkets MB publishes prices as a low-high range, users have the option to view the calculated midpoint of that range. From Monday December 9, Fastmarke...Read More

Dear Friend of GATA and Gold:If you want to know which investment houses have been getting the infamous "repo" loans from the Federal Reserve Bank of New York in recent weeks, as GATA has wanted to know, you'll have to wait two years, according to a letter received from the bank today in response GATA's request for the information.The delay, the New York Fed's letter says, is authorized by the D...Read More