Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

British steel scrap suppliers have mostly settled monthly delivery prices for steel scrap to domestic consumers at prices up by ?30 ($42) per tonne for March.This increase will recover all the losses made one month earlier, amid persistently tight local supplies and firm demand for exports to traditional deep-sea markets, industry sources told Fastmarkets on Wednesday March 10.The move was seen a...Read More

High bulk freight costs are causing severe challenges in shipping ferrous materials this week, sources told Fastmarkets.Bulk freight rates have increased since the start of the year, underpinned by expensive oil and a lack of available vessels in major global markets, such as China.Brent crude oil prices were at $67.20 per barrel at the end of trading on March 9, up from $65 per barrel on Feb...Read More

Seaborne premium hard coking coal prices in both the fob and cfr markets inched down on Wednesday March 10 following active trading in the fob market the previous day, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $118.27 per tonne, down $1.13 per tonnePremium hard coking coal, cfr Jingtang: $212.98 per tonne, down $1.31 per tonneHard coking coal, fob DBCT: $109.40 per tonne,...Read More

An increase in domestic steel scrap supplies in China and lower mill purchase prices in some regions have dampened import prices, sources told Fastmarkets on Wednesday March 10.Fastmarkets' price assessment for steel scrap, heavy recycled steel materials, cfr China was $495-500 per tonne on Wednesday, narrowing downward by $5 per tonne from a day earlier.Japanese HS (equivalent to Chinese import g...Read More

A correction has been issued for this article.The...Read More

Iron ore prices were largely rangebound on Wednesday March 10 in a more stable market following the steep plunge on Tuesday, with the lower prices attracting some buying interest but overall demand is suppressed due to continued environmental restrictions in China. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $164.67 per tonne, up $0.26 per tonne 62% Fe low-alumina fines, cfr Qingdao: $...Read More

China's domestic hot-rolled coil prices further fell on Wednesday March 10 amid a subdued futures market despite a drop in inventory levels over the past week.DomesticEastern China (Shanghai): 4,830-4,850 yuan ($741-745) per tonne, down 20-110 yuan per tonneA Shanghai-based trader said trading activity was moderate during the day Wednesday after sellers lowered prices.He said spot sellers had to k...Read More

LME copper rebounded after a 2.4% fall, while tin's price increased by more than $500 per tonne on the morning of Wednesday March 10, with a stable US Dollar Index and volatile equity markets keeping the other base metals in consolidation mode. The CSI Index, which measures performance of the top 300 stocks traded on the Shanghai Stock Exchange, was down 2% on Tuesday, while the Nasdaq gained more...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila...Read More

The United States' transition to new energy will require increased domestic mineral production, Energy Secretary Jennifer Granholm said on Tuesday March 9."Many parts of the country are sitting on top of the materials that we need to produce battery technologies," Granholm said during a webinar hosted by renewable advocacy group Securing America's Future Energy. Granholm said that there would be "...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday March 10.Key drivers Ferro-titanium deals for relatively small tonnages were reported within the range as suppliers awaited the full return of consumers in the steel sector for second quarter deliveries. The alloy market must go up in terms of prices in the near term if new scrap offer prices are achieved in the coming weeks, accord...Read More

Fastmarkets rounds up the latest logistical issues affecting supplies of metal, ores and alloys from African countries, in the period from January 18 to Monday March 8.March 8South African manganese ore supply reductions are starting to become more obvious to the market after severe rains between December 2020 and February 2021 caused serious flooding, which halted some production and damaged rail...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...Read More

March 10, 2021 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce further high-grade silver results from its fall/winter exploration program at its wholly owned Langis Project located in the Cobalt Camp of Ontario, Canada. This press release includes assays from 78 shallow diamond drill core holes, LM-20-136 to LM-21-213 totaling 6,810.60m o...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...Read More

The Indian silico-manganese export market should cement recent price gains that have pushed up the high end of the range to a level last seen in April 2018 on firm domestic fundamentals that are influencing exporter offer prices, industry sources told Fastmarkets.Indian trade sources said firm domestic demand has encouraged higher export offer prices to customers in Southeast Asia, the Middle East...Read More

Canada is uniquely positioned to become a "global leader in electric vehicle manufacturing," says Francois-Philippe Champagne, Canada's Minister of Innovation, Science and Industry, in a fireside chat with Invest in Canada's CEO Ian McKay at this year's PDAC.As countries worldwide begin to electrify their transportation systems, Canada offers unique advantages, the minister said. "Canada offers re...Read More

As part of its climate efforts, the federal government is providing $7.1 million to Tugliq Energy to help fund the installation of two more wind turbines at Glencore's remote Raglan nickel mine.The operation, in the Nunavik region of northern Quebec, already has two 3-MW wind turbines, one constructed in 2014, and the second in 2018. The two turbines currently generate around 10% of mine power, sa...Read More

The maiden resource for the Treaty Creek gold project in contains 19.4 million oz. gold equivalent in the Goldstorm and Copper Belle zones, says 100% owner Tudor Gold Corp. (FSE:TUC). The property is located in northwest British Columbia, bordering Seabridge Gold's (TSX:SEA; NYSE: SA) KSM gold-copper project and Pretium Resources' (TSX: PVG; NYSE:PVG) Brucejack gold mine.Tudor used the data from 2...Read More