The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday November 2:Noble alloysFerro-vanadium basis 78% min, free delivered duty paid, $/kg: $117.00-120.00 per kg from $115.00-119.00Ferro-vanadium US 70-80% V, $/Ib: $54.00-55.50 per Ib from $53.50-55.50Vanadium pentoxide min 98%, in-warehouse Rotterdam, $/lb: $26.50-27.50 per Ib from $26.00-26.50Bulk alloysFerro-ch...Read More
NEW YORK (Reuters) - The dollar rose against the yen and the euro on Friday in a choppy session, as worries that a trade deal between the United States and China may not be imminent curtailed risk appetite and boosted safe-haven demand for the greenback.White House economic adviser Larry Kudlow told CNBC that President Donald Trump has not asked U.S. officials to draw up a proposed trade plan for...Read More
China's domestic spot battery-grade lithium carbonate prices stabilized this week, after last week's producer hikes brought an end to a year-long downturn. Some small orders were concluded at higher levels, but major buyers completed their purchasing earlier in October at cheaper prices, sources said. Lithium hydroxide prices remained stable on slow buying. ?EUR? Battery-grade lithium ca...Read More
Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per tonne on an ex-works China basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets price assessment for lithium carbonate min 99.5% Li2CO3 battery grade, spot price range, ex-works China, yuan per tonne. Fa...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 15 points in pre-opening trade. Index futures are responding to news that talks on trade negotiations between China and the U.S. are progressing. Index futures were virtually unchanged following release of U.S. economic news at 8:30 AM EDT. Consensus for October Non-farm Payrolls was an increase to 189,000 from downwa...Read More
Good morning from Fastmarkets MB's offices in Asia, bringing the latest news and pricing stories on Friday November 2. Base metals prices on the Shanghai Futures Exchange were largely supported by positive sentiment during Asian morning trading, after the Chinese authorities pledged preemptive and prompt actions on...Read More
Ferrous scrap prices in most parts of the world were firm in the week ending on Friday November 2, with healthy demand in the key import market of Turkey supporting global prices.But prices in Asia weakened because steel mills in Vietnam and Taiwan held back from purchasing ferrous scrap due to fierce price competition in the downstream billet and long steel markets.Turkey importsTurkish steel mil...Read More
Prices for light iron scrap in the United Kingdom moved up by ?5 per tonne this week, due to material tightness and an increase in Turkish scrap prices, sources told Fastmarkets MB on Friday November 2.Fastmarkets' weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant basis moved up by ?5 per tonne to ?90-120 ($116-155) per tonne on Friday November 2, from ?85-115 per tonn...Read More
The price of shredded ferrous scrap imported into India was stable this week, with traders waiting until after the Diwali religious festival to resume transactions, sources told Fastmarkets on Friday November 2.Fastmarkets' weekly index for containerized imports of shredded scrap into India was $355.52 per tonne cfr Nhava Sheva on November 2, down only slightly from $355.67 per tonne cfr Nhava She...Read More
Turkish steel mills resumed their deep-sea scrap purchases on Friday November 2 after a short break, with prices remaining firm.A Baltic Sea supplier was offering 30,000-35,000 tonnes of HMS 1&2 (95:5) at $345 per tonne on November 1; a steel mill in the Iskenderun region booked the cargo at $342 per tonne...Read More
China's iron ore futures fell further on Friday November 2, dragging down prices and the amount of physical trading activity.MB 62% Fe Iron Ore Index: $73.97 per tonne cfr Qingdao, down by $1.28 per tonne.MB 62% Fe Pilbara Blend Fines Index: $73 per tonne cfr Qingdao, down by $1.28 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $76.96 per tonne cfr Qingdao, down by $1.20 per tonne.MB 58% Fe Premi...Read More
Several years ago, I was invited to visit the New York Mercantile Exchange (or NYMEX) by my friend Steven Spivak, a professional commodities trader.For those of you unfamiliar with the NYMEX, it’s the exchange where commodities like orange juice, pork bellies, gold, crude oil, natural gas, copper, and silver are traded. (A good deal of the Eddie Murphy movie Trading Places takes place there...Read More
ELKO, Nevada, Nov. 2, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) ("U.S. Gold" or the "Company") today announced that, it has entered into an At-the-Market Offering Agreement (the "ATM Agreement") with H.C. Wainwright & Co., LLC ("Wainwright") as sales manager. Under the terms of the ATM Agreement, the Company will be entitled to sell, at its sole discretion and from time to time as...Read More
ELKO, Nevada, Nov. 2, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) ("U.S. Gold" or the "Company") today announced that the Company has amended its bylaws, updated certain of its corporate governance policies and entered into employment agreements with Edward Karr, as Chief Executive Officer, and David Rector, as Chief Operating Officer.Edward Karr, Chief Executive Officer, commented, "U.S....Read More
Kirkland Lake, Ontario - (October 30, 2018) - RJK Explorations Ltd. (“RJK” or the “Company“) (TSXV: RJX.A) has received results from the recent soil geochemical program on its Rolling Pond Property located in the Moosehead Trend of Central Newfoundland. The Phase 1 program was initiated to identify the southeastern extension of the Rolling Pond Structure associated with...Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Metal Bulletin prices Click here for Fastmarkets MB's price assessment for low-grade cobalt, in-warehouse, $ per lb Click here for...Read More
The following Fastmarkets minor metals prices changed on Friday November 2:Minor metalsBismuth MB China domestic, yuan/tonne: 48,000-51,000 yuan per tonne from 49,000-51,500 yuanChromium MB free market alumino-thermic, $/tonne: $10,800-11,500 per tonne from $10,700-11,500Cobalt Sulfate,...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
European transaction prices for grade-304 cold-rolled (CR) stainless steel sheets decreased further this week with competition between European and Asian material continuing.Fastmarkets' weekly price assessment for the material fell to ?,?2,180-2,240 ($2,480-2,549) per tonne delivered on Friday November 2, down by $20-60 per tonne.https://www.metalbulletin.com/My-price-book.html?price=43619Meanwhi...Read More