Equity analyst Don Vialoux says current 'best buys' are Canadian securities or ETFs that will benefit from the recovery in the Far East.Analyst Don Vialoux says that current 'best buys' are Canadian securities that will benefit from the recovery in the Far East.As the bite of winter settles in, longtime equity analyst Don Vialoux warns investors against buying into the cooling longer-term economic...Read More

The year 2021 will be a turning point for network readiness and availability of 5G telecommunications after delays last year resulting from the Covid-19 pandemic, sources have told Fastmarkets.More 5G smartphones, wearables and other consumer electronics have reached the mainstream market, while the increase in remote working practices that has resulted from lockdown measures continues to undersco...Read More

The prices of both copper and tin showed gains at the close of trading on Monday February 22, but signs of fatigue have started to emerge for the bulls in charge of nickel, which was down by 0.5% on a day when the entire London Metal Exchange base-metals complex set new multi-year highs.Copper closed up by 2.1%, at $9,097 per tonne, compared with Friday's 5pm price of $8,909.50 per tonne, while ti...Read More

Here are five Fastmarkets stories you might have missed on Monday February 22 that are worth another look.China allowed five cargoes of Australian coking coal to be unloaded last week after a wait of several months, industry sources told Fastmarkets on February 22.The year...Read More

Jack ChanPosted Feb 22, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal.Short-term signals can last for days and weeks and are more suitable for traders. Data is supportive for overall higher gold prices.Data is supportive for overall higher silver prices.Our ratio is on SELL...Read More

Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger rand pushing up production costs.Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger South African rand pushing up production costs, while stronger manganese alloy futures supported downstream sentiment. Fastmarkets' manganese ore index 37% Mn, cif Tia...Read More

Copper rallied to an almost 10-year high on the London Metal Exchange, rising to US$9,187 per tonne in early trading, the highest point since September 1, 2011, Marex Spectron's Anna Stablum said.It closed up 2.08% to $9,132.50/t.Nickel also touched $20,010/t, a level last seen in May 2014, Stablum said, before closing down 0.55% to $19,457.25/t.Meanwhile the gold price rose back above $1,800 an o...Read More

Norilsk blamed the accident, which occurred at one of its plants in Arctic Siberia 4.Read More

Here are five Fastmarkets stories you might have missed on Monday February 22 that are worth another look.China allowed five cargoes of Australian coking coal to be unloaded last week after a wait of several months, industry sources told Fastmarkets on February 22.The year...Read More

The year 2021 will be a turning point for network readiness and availability of 5G telecommunications after delays last year resulting from the Covid-19 pandemic, sources have told Fastmarkets.More 5G smartphones, wearables and other consumer electronics have reached the mainstream market, while the increase in remote working practices that has resulted from lockdown measures continues to undersco...Read More

Turkish steel scrap prices continued to rise on news of another cargo from the US on Monday February 22, which also led to a knock-on increase in finished steel and billet prices, sources told Fastmarkets. A steel producer in the northern Turkey booked a US cargo, comprising shredded at $440 per tonne and bonus at $445 per tonne cfr on Saturday February 20. The cargo composition has not yet been s...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up significantly across the board this morning, Monday February 22, with all base metals on the LME setting fresh multi- month or year highs.Relief that vaccine programmes are being rolled out across many countries to underpin economic recovery, along with the knowledge that past and future stimulus packages will be...Read More

Chile's Corfo on Friday February 19 filed an arbitration process with the International Chamber of Commerce against United States-based lithium miner Albemarle for allegedly underpaying royalties on its lithium sales, Corfo confirmed to Fastmarkets on Monday February 22.Corfo is Chile's state agency in charge of handling lithium contracts.Albemarle operates a lithium production facility in the lit...Read More

More than 100 years ago, this equation saved the world:And it might do it again!What we're looking at is the equation for the Haber-Bosch process.To the layman, this equation is little more than a string of letters and numbers. But without it, there's a good chance neither you nor I would exist today. It's quite likely that without this equation, neither of us would have been born.That's because w...Read More

Domestic prices for steel hot-rolled coil in Northern Europe increased over the week to Friday February 19, supported by good order books at domestic producers and solid demand.Prices in the South of the region, in the meantime, were stable over the same period.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?723.75 ($877.00) per tonne on February...Read More

Is everything a bubble? We have the verdict from Real Vision. Perhaps a more immediate concern is whether the traditional financial institution is at risk of going the way of the music CD.Will traditional banking end up like the CD?While we wait for the bubble and CD risk issues to play out, the market structure is changing and not in a good way for fundamental investors. That and more in this wee...Read More

Here are five Fastmarkets stories you might have missed on Monday February 22 that are worth another look.China allowed five cargoes of Australian coking coal to be unloaded last week after a wait of several months, industry sources told Fastmarkets on February 22.The year...Read More

Buying activity in the domestic steel rebar market in Russia's Central Federal District around Moscow was close to nil in the week to Monday February 22, due to bad weather conditions, Fastmarkets has heard.Official offer prices from major suppliers to the region were unchanged, but sources were expecting a downward correction soon.Snowstorms in the region over the assessment week put construction...Read More

Crude steel production in Italy inched higher year on year in January, while output in the long-steel sector registered a larger increase than that of the flat-steel sector, Italian steel association Federacciai said on Friday February 19. Italian crude steel production totaled 1.89 million tonnes in January, up by 0.7% from 1.88 million tonnes in the corresponding month last year. Long steel outp...Read More

Here are five Fastmarkets stories you might have missed on Monday February 22 that are worth another look.China allowed five cargoes of Australian coking coal to be unloaded last week after a wait of several months, industry sources told Fastmarkets on February 22.The year...Read More