An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam, $/lb at 21.75-22.35...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt alloy...Read More
The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More
The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More
The price of flat-rolled stainless steel produced in Europe rose further this week while supply struggled to keep pace with demand, sources told Fastmarkets on Friday February 5. Fastmarkets' weekly price assessment of stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe was ?,?2,500-2,550 ($2,998-3,058) per tonne on Friday, up by ?,?120-150 per...Read More
Pakistan long steel producer Agha Steel is to install solar polar at its production facility in a push to achieve green steelmaking, the company said on Thursday February 4. As part of its "Green Steel Revolution," the company has signed a contract with Renewable Power Pvt Ltd to install a 2.25 Megawatt solar power project at its production facility. Using solar power would reduce its carbon emiss...Read More
Prices for imported containerized ferrous scrap in Taiwan have continued to trend downward despite efforts by some market participants to shore up the market.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $350-360 per tonne on Friday February 5, unchanged from a day earlier but down by $5-10 per tonne from...Read More
The upcoming Lunar New Year holiday in Vietnam, also known as Tet, has dampened buying sentiment during the week to Friday February 5, sources told Fastmarkets. Offers for bulk Japanese H2 materials were at $385 per tonne cfr Vietnam this week, with a buyer bidding at $380 per tonne cfr Vietnam.A rebound in the Japanese scrap market has led some Japanese sellers to raise offers to $400-405 per ton...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday February 5. China The domestic spot ferro-silicon price softened for the first time since early August 2020 after some suppliers trimmed their offer prices to generate sales ahead of the Lunar New Year holiday (February 11-17). Sentiment weakened due to falling futures prices in the week to Wed...Read More
The uptrend in European vanadium prices continued to accelerate at the beginning of February while end-user demand increased amid tight prompt supplies, sources told Fastmarkets.Fastmarkets' assessment for the ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe price was at $28.25-29.50 per kg on Friday February 5, up 2.2% from the midweek assessment of $28-28.50 per kg, when prices had...Read More
We were tempted to resist talking about the Reddit phenomenon but why not wade in, particularly now as we stand amongst the smoking ruins of the dreams of silver bugs, planet-wide, who thought all their Christmases had come at once.Sweeping in from nowhere the idea that the Gamestop surge could be leveraged to create a short squeeze in silver became the obsession of silver bugs over the last weeke...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an amended investment agreement with the Greek government covering the miner's operations in the north of the country.The new contract between Eldorado's subsidiary Hellas Gold and Greece replaces a 2004 transfer agreement between the parties, securing continued operation and further development.The agreement covers the Vancouver-based company's Skou...Read More
Initial assays from Gatling Exploration's (TSXV: GTR; US-OTC: GATGF) 25,000-metre drill program at its Larder gold project in northern Ontario are validating the company's decision to shift its exploration strategy to focus on near-surface mineralization, says president and CEO Jason Billan. The results are "starting to pay off" Billan said in an interview, adding that he believes there is "sig...Read More
Drilling on Radisson Mining Resources' (TSXV: RDS; US-OTC; RMRDF) 100%-owned flagship O'Brien gold project in Quebec continues to hit high-grade mineralisation below the current resource.Radisson said the drilling campaign has continued to define and expand three high-grade mineralised trends, located approximately 300, 600, and 900 metres, respectively, to the east of the past-producing O'Brien...Read More
Norilsk Nickel, the world's largest producer of palladium and nickel, will have to pay a record fine of 146 billion rubles (US$1.94 billion) in compensation for a huge fuel spill in the Arctic last May, a Russian court ruled on Feb. 5.The amount, while in line with a demand by the nation's environmental watchdog Rosprirodnadzor, more than doubles what Russia is seeking to get in mineral extracti...Read More
Traders on a Reddit platform triggered the frenzy in silver, but factors such as the use of the metal in solar panels are also fueling the price.Read full newsRead More
Lack of liquidity in PGMs makes it a potential targetRead full newsRead More
Amount more than doubles what Russia is seeking to get in mineral extraction tax this year.Read full newsRead More
Indonesia will no longer permit mining waste to be disposed in the ocean to allay concerns about the environmental impact of processing nickel used in electric vehicle (EV) batteries, a government official and a corporate mining source said.Read full newsRead More