The company issued a replacement prospectus to update its mineral resources and exploration targets in resp Read more.Houston, 22 March (Argus) — US copper cathode premiums held onto recent gains as concerns of a supply deficit outweighed lackluster physical demand in the last week.Turkish scrap import prices fell after a continental European seller sold a premium quality Baltic-origin Read more.Guy processes aluminum and stainless steel products for the food, dairy, pharmaceutical and beverage industries.Houston, 7 February (Argus) — Stainless steel scrap processor buying prices continued to climb Tuesday, in line with rising nickel prices on the London Metal Exchange (LME), even as volumes were lukewarm as some dealers held out for higher numbers.Houston, 17 January (Argus) — The stainless steel scrap market was mixed Tuesday with processor buying prices for stainless 304 scrap trading sideways and molybdenum-bearing stainless 316 gaining on material tightness and stronger molybdenum prices.
View the latest MCX Crude oil Rate in India, MCX Current Crude oil Price in India, MCX Live - Todays Crude oil Rate, Crude oil Charts, Crude oil News, Contract.The company expects to benefit from improving macroeconomic and market conditions as the ener Read more.New York, 25 January (Argus) — The US market for selenium was down for a second straight week amid growing supplier stocks and lower Chinese prices.
Import applications totaled 2.3mn net tons (2.1mn metric tonnes) in February, down from 2.7mn permit tons a y Read more.Sao Paulo, 17 February (Argus) — Zinc concentrate production in Peru rose by 3pc to 120,239t in December from the same month a year earlier.
The company sold 1.1mn net tons (nt) of steel in 2016, flat from a year earlier.Spreads for 5052 segregated alloy clips, a grade in high demand for i Read more.Tumbling stock markets across the globe have sent shivers through metals markets amid weak manufacturing figures that raise concerns the Chinese economic slowdown will deepen.Houston, 8 March (Argus) — US copper cathode premiums strengthened in the latest week amid mounting concerns of a supply deficit after two consecutive weeks of declines in premiums.New York, 27 December (Argus) — A third week of strong superalloy and foundry demand pushed cobalt prices higher.Producer cutbacks and long-term commitments combined with a resurgence of consumer buy Read more.
Houston, 28 February (Argus) — Spreads for most aluminum scrap purchased by US sheet mills were weaker Tuesday as consumers are ahead of their procurement targets and London Metal Exchange aluminum traded near 2017 highs.But some point to prices already above fundamentals and underrated economic and political headwinds in 2017.London, 15 February (Argus) — Swiss investment bank UBS has maintained its projections of weaker iron ore prices this year compared with 2016, despite the rally in the value of the steel feedstock at the end of last year and its continued strength over the past five weeks.Houston, 21 March (Argus) — Stainless scrap processor buying prices were up Tuesday for nickel-bearing grades as processors look to build inventories in anticipation of strong consumer demand expected in April.Houston, 18 January (Argus) — UK-based Barclays bank raised its outlook for average copper prices for this year by 32pc, reflecting a decline in its projected surplus, stronger Chinese growth, delays in output ramp-ups and some boost prompted by pro-growth policies in the US pledged by i Read more.It signed a definitive agreement to acquire the project from NASDAQ-listed Silver Standard Read more.Spreads were flat at 79-80pc of the Argus midwest transaction price, while outright prices Read more.Central economic planning agency NDRC and the industry, environment and land resources ministries will conduct investigations across the country, guided by a Read more.Houston, 2 March (Argus) — Melting grade nickel premiums rose this week amid tightness in material available for purchase on the spot market.
Houston, 1 March (Argus) — Nymex crude futures fell today, declining for a second day as US oil inventories saw an eighth straight week on increases.Import applications totaled 2.9mn net tons (2.6mn metric tonnes) in January, up from 2.7mn permit tons a year e Read more.Hess will replace standing independent director, Martin So Read more.London, 18 January (Argus) — Chinese domestic billet prices in Tangshan fell for the second consecutive day because of slowing sales.New York, 31 January (Argus) — US high-grade cobalt prices were up for a fourth week as spot market demand outpaced metal availability.Houston, 13 March (Argus) — Special high grade zinc in-warehouse Rotterdam premiums increased in the latest week amid limited spot trading activity.
Steel imports totaled 2.8mn net tons (2.5mn metric tonnes) in November, up from 2.35mn nt a Read more.New York, 3 January (Argus) — US silicon metal prices were down in the latest week amid falling demand from the aluminum alloy market.New York, 17 March (Argus) — North American billings of semiconductor equipment rose by 63.8pc during February amid greater investment from memory and foundry manufacturers.
This comes as the company widens losses for the financial year ended 30 Sep Read more.Mid-volatile coking coal for delivery in the prompt 90 days fob Colombian p Read more.Tianjin port stocks were up by 160,000t to 1.36mn t comp Read more.Spot market demand was weaker following several weeks of strong consumer purchases.The company now has two furnaces in production after hot-commissioning a silico-manganese furnace i Read more.Sao Paulo, 21 March (Argus) — Peruvian production of tin concentrate increased by 18.1pc year on year to 1,400t in January, but was 16.4pc lower than in December.New York, 21 March (Argus) — US high-grade cobalt was up in the latest week, supported by ongoing supply tightness.
Cerro Matoso, controlled by Australian resources firm South32, produced 37,092t of ferronickel last year, up 1.1pc from the 36,672t reported in January-December 2015, Colomb Read more.New York, 15 March (Argus) — US selenium prices rallied for a fourth week, driven by thin near-term availability.Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract.A majority of the bulk alloys assessed were unchanged this week due to consumers relying on long-term Read more.
Mumbai, 2 February (Argus) — India plans to auction 70 mineral blocks, including manganese, tungsten, molybdenum and iron ore in the current fiscal year that ends on 31 March 2018.Houston, 8 March (Argus) — US exports of scrapped lead batteries rose by 41pc in January from the same month a year earlier, while exports of lead scrap recovered from batteries rose by 16pc.New York, 9 March (Argus) — US ferro-titanium prices were up in the latest week amid tightening scrap and alloy supplies.Beijing, 19 January (Argus) — Leading Chinese lithium producer private-sector Jiangxi Ganfeng Lithium plans to increase its lithium carbonate production capacity in the next few years.London, 30 January (Argus) — Australian prospective rare metals producer Alkane Resources is accelerating efforts to secure financing for its Dubbo Zirconia project, where it aims to start construction this year.Brent Crude Oil Price Outlook The rally seen in oil prices at the end of 2016 and in early 2017 has lost impetus in response to an increase in supply in non-OPEC.Johannesburg, 19 January (Argus) — Australian copper developer Finders Resources achieved copper cathode output of 6,159t in the first full quarter of production at its Wetar copper project in Indonesia.
Houston, 10 January (Argus) — US ferrous scrap exports to Mexico increased by 36pc in November, led by exports from San Diego.The US took in 4.23mn metric tonnes of international crude aluminum and alloys in 2016, up from 3.38mn t in the prior Read more.Johannesburg, 7 February (Argus) — Joint venture partners Mineral Resources, Neometals and Ganfeng Lithium Company have shipped the first lithium concentrates from the Mt Marion project in Western Australia.