Diamond mining major De Beers Group has not recorded any cases of tuberculosis (TB) among its permanent South African employees in 2019. South Africa’s overall TB infection figure is about 567 per 100 000 people, with the country’s mining industry at about 435 per 100 000 people, according to the Minerals Council South Africa, explains De Beers Group senior occupational health manager...Read More
The price of ferrous scrap imported into India climbed by less than $1 per tonne this week while market participants struggled to source material, they told Fastmarkets.Fastmarkets' steel scrap, shredded, index, import, cfr Nhava Sheva was $282.56 per tonne on Friday November 29, up from $281.98 per tonne last week."The market picked up a little bit today," a trader said. "Next month is only half...Read More
Pig iron export prices from Brazil increased further in the week ended Friday November 29 because of further sales to China and the United States.Fastmarkets' weekly price assessment for pig iron export, fob port of Vitoria/Rio climbed to $302-303 per tonne on Friday from $295-300 per tonne a week earlier.One trader reportedly bought 60,000 tonnes at $302-303 per tonne fob in position, although so...Read More
Turkish steel scrap import prices continued to strengthen in the latest deep-sea cargo, despite sluggish demand for finished rebar and billet, sources said on Friday November 29.A steel mill in the Marmara region booked a European cargo, comprising HMS 1&2 (75:25) at $263 per tonne and bonus at $278 per tonne cfr. The cargo composition was not clear at the time of publication.This was only the sec...Read More
Pig iron exporters from the Commonwealth of Independent States were bullish in the week to Friday November 29 because of low availability and several sales to the United States and China.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea was $300-305 per tonne on November 28, narrowing upward from $295-305 per tonne fob a week ago.A sale was heard to...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials....Read More
Galena provides a leading lightSPONSOREDgalena miningNoting the easiest place to operate would always be "at home with our dogs at our feet", the company has launched a "virtual field campaign" by acquiring nearly 60 tonnes of samples from the defunct Greenlandic national exploration company.The company will reanalyse the samples using modern methods.Galena provides a leading lightSPONSOREDgalena...Read More
Seaborne coking coal prices ended the week higher amid a flurry of transactions on Friday November 29. Fastmarkets indicesPremium hard coking coal, fob DBCT: $134.66 per tonne, up $0.99 per tonnePremium hard coking coal, cfr Jingtang: $147.30 per tonne, down $0.47Hard coking coal, fob DBCT: $120.70 per tonne, unchangedHard coking coal, cfr Jingtang: $130.25 per tonne, unchanged...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.Volume on U.S. exchanges is expected to be well below average today. U.S. exchanges close at 1:00 PM EST.The Canadian Dollar was virtually unchanged at U.S. 75.23 cents following release at of Canada's GDP report for September at 8:30 AM EST. Consensus was an increase of 0.2% versus a gai...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 29EuropeThe European ferro-silicon spot price climbed by about 2.5% over the week after jumping by more than 7% in the previous week - supply worries have boosted trading activity. One deal for 500 tonnes was reportedly sold to a consumer by a trader at ?,?960 per tonne although deals at th...Read More
Global silico-manganese output dropped in October compared with September in all regions except the CIS, according to the International Manganese Institute (IMnl).World silico-manganese supply dropped by 2.6% from September to 1.61 million tonnes due to Chinese smelters cutting production, which offset rising output in India, Malaysia and South Korea.The CIS region produced 122,000 tonnes of silic...Read More
An overview of the minor metals markets and their latest price moves.Read More
The Chinese domestic indium price will probably slip further in the coming weeks amid the prevailing weak market sentiment, delegates to a minor metals conference in the country's Hunan province told Fastmarkets this week.During the Chinese Minor Metals Forum held in Changsha city over November 27-28, many market participants cited their concerns over a possible round of auctions in the coming mon...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
The price of grade-304 stainless steel flat products in Europe widened downward this week in anticipation of much more substantial decreases in December, when mills were expected to bring into effect significantly lower alloy surcharges, Fastmarkets heard on Friday November 29.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivere...Read More
Monthly European alloy steel surcharges have plunged for December because of lower nickel and molybdenum costs, Fastmarkets heard on Friday November 29.Fastmarkets' December range for the stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe was ?,?1,579-1,608 ($1,738-1,770) per tonne, down by ?,?114-122 per tonne from the November values. December...Read More
Demand from key markets Vietnam and South Korea was strong this week, with major steel mills procuring large quantities of imported scrap.Taiwanese buyers also continued to pay higher for imported cargoes, although a major holiday in its key supplier the United States meant that there was less liquidity in the Taiwan import market this week.VietnamFastmarkets' price assessment for bulk shipments o...Read More
In a bid to end weeks of anti-government protests and riots that have left at least 26 people dead and 13,500 injured, Chile's political parties have agreed on a process to design a new constitution.The deal, reached in the early hours of Nov. 15, strives to resolve Chile's worst political crisis since its return to democracy a generation ago and marks a step into the unknown for a country long la...Read More
Vancouver-based Awal?(C) Resources (TSXV: ARIC) has intercepted near-surface, high-grade gold at its Empire prospect, part of its 90%-owned Odienn?(C) project in northwestern C??te d'Ivoire, close to the country's borders with Mali and Guinea.ANGET-CI, a local company, holds the other 10%.The company kicked off a 3,000-metre drill program at Odienn?(C) with 2,500 metres drilled at Empire in Octobe...Read More
"Final 2018 #nickel market balance published by INSG confirming 144kt deficit and significant production declines in Canada & Australia (via BMO)"Read full newsRead More