Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Different markets, different cycles. Mining companies suffered for their sins in the downturn a little earlier than the oil and gas sector. Now they are emerging into a new upturn, also ahead of the game.  What challenges do...Read More

(IDEX Online) - A Hatton Garden jeweler has ditched the term "bridal" from all its literature.It also says it will no longer uses the word "her" when referring to ring sizes.Queensmith Master Jewellers, in the heart of London's traditional diamond area, describes itself as "Gay-Friendly" on its website.It says at least five per cent of its customers are from same-sex couples and says it is mo...Read More

(IDEX Online) - Ronnie VanderLinden has stepped down after eight years as president of the Diamond Manufacturers & Importers Association of America (DMIA). In a farewell message he urges members - manufacturers, importers, and dealers - to embrace e-commerce.He writes: "The current focus of online business, an adjustment to the reality that has been pushed to the forefront for all of us,...Read More

An overview of the chrome ore and alloy markets on Tuesday February 23 and their latest price moves.China The domestic spot ferro-chrome market resumed its upward momentum after the Lunar New Year holiday (February 11-17). Inner Mongolia's continuing restrictions on ferro-alloy production means there is a supply shortage, which is feeding the bullish sentiment Many market participants anticipated...Read More

(IDEX Online) - A fund for Namibia's former political inmates of South Africa's notorious Robben Island prison is prospecting for diamonds.It is now seeking to extend its license to explore a 1,500-hectare concession along the Orange River on the Namibia/South Africa border for alluvial gems.Proceeds from the sale of diamonds will benefit the Namibian Former Robben Island Political Priso...Read More

(IDEX Online) - Signet has donated $1m to provide COVID-19 jabs for school staff in Akron, Ohio, USA.The jeweler has a long-standing charitable link with the city's Akron Children's Hospital, which had to suspend many non-essential procedures last year because of the pandemic."This gift comes at a critical time to help provide a valuable service to our local schools so our kids and their...Read More

Consolidation seeped into the complex on the London Metal Exchange during trading on Tuesday February 23, with copper the only one to close higher and most metals posting lower closing prices versus Monday, when all reached new 2021 highs.Nickel's three-month price, which reached $20,110 per tonne on Monday - the mosthighest level since May 2014 - was under selling pressure on Tuesday and fel...Read More

Industry association Verband Deutscher Metallh??ndler (VDM) has slammed proposals by the London Metal Exchange to close its open-outcry trading floor, increases fees and change its margin methodology, saying that these moves would contradict the LME's core mission to serve the physical metals markets and could lead to the elimination of the exchange's dates structure.The organization represents ar...Read More

China's auto output and sales gained year on year in January due to the government's continuous efforts to control the Covid-19 pandemic, which helped support the prices of metal raw materials, Fastmarkets understands.The country produced 2.388 million units of vehicles in January, up by 34.6% from a year ago, China Association of Automobile Manufacturers (CAAM) data shows.China's automotive sales...Read More

A summary of Alumina Ltd's full-year 2020 results for the period ending on December 31, 2020.The results also include the 2020 results for Alcoa World Alumina & Chemicals (AWAC), 40%-owned by Alumina Ltd and 60% owned by Alcoa.In brief Alumina Ltd recorded a net profit after tax of $146.6 million for 2020, compared with $214 million in 2019. Excluding significant items, net profit would have been...Read More

For a fourth trading day in a row, copper's three-month price on the London metal Exchange rose to a new year-to-date high on Tuesday February 23, while the rest of the base metals traded slightly lower than where they were on Monday, when they all reached fresh 2021 highs. The red metal's high of $9,305 per tonne this morning is the most since early August 2011, nevertheless copper retreated to $...Read More

Total primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 9.7% year on year at the end of January, data from Japanese trading house Marubeni on Monday February 22 shows.Aluminium stocks at the three ports totaled 275,500 tonnes as of January 31, down by 29,700 tonnes from 305,200 tonnes a year earlier, according to the data.The year-on-year decline...Read More

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliArgentina Argentina looks a strong candidate to be the big winner from this developing copper cycle.Read More

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliAuteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationSpeaking on a webinar last week, S&P commodities analyst Jason Sapp...Read More

The European Commission (EC) has decided not to impose preliminary anti-subsidy duties on hot-rolled coil originating from Turkey.The investigation, however, will continue, the EC said on February 18.The investigation was started in June 2020, following a complaint lodged by the European steel association Eurofer.Provisional measures in the anti-subsidy case were scheduled to be set by March 12, 2...Read More

The domestic hot-rolled coil price in Northern Europe remained fairly stable on Tuesday February 23 on support from good demand and short supply, sources said.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?726 ($881.07) per tonne on Tuesday February 23, up by ?,?1 per tonne from ?,?725 per tonne on February 22. The index was down by ?,?1.50 p...Read More

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliGiven the LME copper price rallied to an almost 10-year high on Tuesday, it is no surprise Jefferies continues to push the red metal as its "preferred" commodity.Read More

Flat steel import prices were mostly unchanged, with hot-rolled coil (HRC) bookings made from India to the United Arab Emirates and Saudi Arabia during the week, sources told Fastmarkets on Tuesday February 23.Despite prices remaining mostly stable, market participants expect price increases because of the recent rises in global markets.Fastmarkets' weekly price assessment for steel HRC, export, f...Read More

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliAuteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationThe holes returned long intervals of high-grade mineralisation from sur...Read More

The steel billet and rebar markets in the United Arab Emirates remained quiet in the week to Tuesday, February 23, with buyers expecting prices to increase, sources told Fastmarkets."If the prices will increase is not the question," a trader said, "[but rather] by how much will prices increase?" Rebar producers in the UAE are expected to announce new prices soon and buyers have been in wait-a...Read More