European flat steel products distributors reported a slight increase in shipments in full 2017.European flat steel products distributors reported a slight increase in shipments in full 2017.European flat steel distributors reported a 0.2% year-on-year increase in shipments in full 2017, the European federation for steel, tube and metals distribution and trade, Eurometal, said on February 9.This sl...Read More

Indian steelmaker JSW broke its record for monthly crude steel production in January 2018. JSW's crude steel production in January was 1.46 million tonnes, compared with 1.36 million tonnes in the same month in 2017, the firm said in a filing to the Bombay Stock Exchange (BSE) on Thursday February 8. The record monthly total comes after the firm recorded its highest-ever quarterly total ...Read More

China's rebar futures increased on Monday February 12 as the country's steel production hub announced more manufacturing restrictions, while spot prices were stable amid sparse trading ahead of the Chinese New Year holiday. Domestic Eastern China (Shanghai): 3,860-3,920 yuan ($613-623) per tonne, unchanged. Northern China (Beijing): 3,950-3,990 yuan per tonne, unchanged. Ferrous futures jumped by...Read More

Manganese ore prices jumped by as much as 35 cents per lb on Friday February 9, as consumers stockpiled ahead of Chinese New Year in anticipation of further price increases. Ore prices jump as much as 35 cents as consumers stockpileAlloy prices drift in ChinaIndian alloy prices pull back as China winds downEuropean alloy prices hold in thin tradingAlloy markets stand firm in USA Manganese ore pric...Read More

Ferro-chrome prices held in China and chrome ore prices weakened, as spot trading wound down ahead of Chinese New Year, after mills had bought in early. Ferro-chrome prices hold in China as holidays approachChrome ore prices edge lowerAlloy prices jump in Japan, South KoreaAlloy prices jumping Asia as special steel orders growUS alloys prices edge higher Ferro-chrome prices held in China and chrom...Read More

Iron ore prices fell slightly but stayed above $76 per tonne cfr China on Monday February 12 amid a slowdown in trading in the physical market.Metal Bulletin's 62% Fe Iron Ore IndexToday: $76.24 per tonne cfr QingdaoDaily change: down by $0.22 per tonneMonth-to-date average: $75.76 per tonneMetal Bulletin's 58% Fe Premium IndexToday: $60.84 per tonne cfr QingdaoDaily change: down...Read More

The physical iron ore market wound down further on Monday February 12 with participants more or less already in a holiday mood for the Chinese New Year break, which starts officially on Thursday in China.Key driversChina's ferrous futures were rangebound during the day, while the spot steel market also reported little change in prices and trading activity.With most of mills' procurement staff alre...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. Latest transaction: iron oreIron oreVale, Beijing Iron...Read More

The seaborne coking coal market had a muted start to the week with many participants already in a holiday mood ahead of a weeklong break in China for the Chinese New Year."There was a slew of transactions last week since Chinese end-users had not been procuring materials in the seaborne market in a while but it has been interrupted by the upcoming holiday," a southern Chinese end-user source told...Read More

China's ferrous futures mostly started the week with slight gains during the morning trading session on Monday February 12.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,910 yuan ($621) per tonne, up 15 yuan per tonne May hot-rolled coil: 3,966 yuan per tonne, down 1 yuan per tonne Dalian Commodity Exchange May iron ore: 522 yuan per tonne, down 0.50 yuan per tonne...Read More

The price differential between high and low-grade cobalt narrowed last week, reflecting strong demand for units with chemical applications and a pronounced tightness for broken cathodes and briquettes.Prices for both grades continued to firm while consumer demand and tight supply persisted in the week before the Lunar New Year. Metal Bulletin's benchmark low-grade cobalt price assessment ended the...Read More

Chromium prices held at a five-year high on Friday February 9 due to a severe shortage of material and strong downstream demand. Metal Bulletin assessed in-warehouse chromium prices at $9,000-9,700 per tonne on Friday, stable with the previous week's assessment, and up 14% from January 26, when the market stood at $8,050-8,350 per tonne. Prices are at their highest level since March 2013. The...Read More

Chinese silicon export prices jumped up by 1.3% on Friday February 9 due to currency uncertainty and tightening spot availability, while US silicon prices rose again on higher logistics costs and supply concerns ahead of the final determinations on the anti-dumping and countervailing duty probes. Chinese silicon metal export price breached $2,000 per tonne in the latest pricing assessment amid a b...Read More

Tightening supply continued to push European antimony prices higher last week while the Chinese market had begun to close down ahead of the upcoming Lunar New Year holidays.Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,400-8,600 per tonne on Friday February 9, up from the midweek assessment of $8,300-8,500 per tonne.Trioxide grade antimony prices in-wa...Read More

Key data from the Friday February 9 pricing session in London:Key data from the Friday February 9 pricing session in Europe:Cadmium min 99.95% MB free market Cts per lb cif global main port Key drivers: - Seasonal...Read More

Base metals prices on the London Metal Exchange seem to have found buying interest this morning, Monday February 12, with all of the base metals, except lead (-0.3%), showing gains averaging 1%. The three-month copper price leads the way with a 1.8% rally to $6,870 per tonne - this after a low last Friday of $6,733 per tonne.Volume has been high with 12,015 lots traded as of 07:09 am London time -...Read More

Europe's anti-dumping duty on imports of stainless steel wire originating from India will expire on November 9, 2018, unless a review is initiated, the European Commission said on February 9.The European Commission (EC) set definitive anti-dumping duties of 0.7-12.5% for the products from India on November 8, 2013. The EC lowered the rate for material produced by India's Venus Group to 6.9%,...Read More

Attorneys from Antofagasta's First Environmental Tribunal, together with company executives, researchers and conservation experts, visited, flew over and sailed around the site where Andes Iron's Dominga mine and port project would be located, in the central Coquimbo region. The trip was part of an evaluation process the court was prompted to undertake following Andes Iron's appeal of an August 20...Read More

Vancouver-based MGX Minerals (CSE: XMG) is known for its unconventional mining methods aimed at recovering lithium, nickel, vanadium, and cobalt mostly from waste material from different extractive industries.Without changing the way it operates, the Canadian miner now wants to set foot in the world's second lithium producing country: Chile. Thus, management announced the opening of a field office...Read More

The Association of Mineral Exploration in British Columbia recently awarded Seabridge Gold (TSX: SEA)(NYSE:SA) the 2017 Robert R. Hedley Award for excellence in social and environmental responsibility at its KSM project, which the company says is one of the largest undeveloped gold projects in the world measured by reserves.Inspired by the work at KSM, Brent Murphy, Seabridge Vice President of Env...Read More