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

The United States' pig iron import market remained slow, with booking heard only from Brazil while a stand-off between buyers and suppliers from the Commonwealth of Independent States continued during the week to Friday April 9.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was at $560-570 per tonne on Thursday, up by $5 per tonne from $555-565 per tonne the previous we...Read More

The price for UK light iron scrap narrowed upward in the week to Friday April 9 as a result of the rising international market in key export destinations, sources told Fastmarkets.Fastmarkets' price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was ?145-155 ($199-213) per tonne on Friday, up by ?5 per tonne on the low end of the range from ?140-155 per t...Read More

Prices for shredded steel scrap imported into India and Pakistan rose in the week to Friday April 9 as a result of higher finished steel prices, sources told Fastmarkets.IndiaFastmarkets calculated its steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $456.38per tonne on Friday, up from $443.30 per tonne on April 1.Deals were heard at $445-450 per tonne and $455 per tonne this week,...Read More

Turkish steel producers continued to book deep-sea scrap cargoes for May shipment on Friday April 9, market sources said.A steel mill in the Iskenderun region booked a Canadian cargo comprising 35,000 tonnes of HMS 1&2 (95:5) and 15,000 tonnes of shredded at an average price of $436 per tonne cfr.This compares with a United States cargo sold a day earlier at $438 per tonne cfr on shredded basis.As...Read More

Iron ore prices were mostly stable on Friday April 9 due to weak liquidity in the seaborne market and a downtrend in steel prices, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $173.54 per tonne, up $0.44 per tonne62% Fe low-alumina fines, cfr Qingdao: $174.01 per tonne, up $0.30 per tonne58% Fe fines high-grade premium, cfr Qingdao: $154.47 per tonne, down $0.31 per tonne65...Read More

An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...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 grade, in-whs Rotterdam,...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 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 Cobalt hydroxide p...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.Read More

Competitively priced imports from Asia could limit further prices increases for stainless steel flat products produced in Europe, despite ongoing tightness in the domestic market, sources told Fastmarkets on Friday April 9. Fastmarkets' assessment for stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe was ?,?2,800-2,850 ($3,329-3,389) per tonne on Friday,...Read More

Skeena Resources (TSX: SKE; US-OTC: SKREF) has released an updated resource estimate for the company's Eskay Creek gold-silver project. Located in the Golden Triangle district of northwestern British Colombia, Eskay Creek is a past-producing mine first discovered in 1988 that Skeena initially optioned from Barrick Gold (TSX: ABX; NYSE: GOLD) in 2017, before acquiring 100% ownership in October of l...Read More

Ready for development copper-gold projectSPONSOREDjosemaria resources incKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdAre mining companies being held back by their board composition? SPONSOREDswannRising food prices suggest the agriculture sector is in the midst of a boom.Read More

Jiangxi Copper has canceled its plan to construct a copper scrap processing plant in Malaysia, chairman Zheng Gaoqing said on Thursday April 8 in a conference call to investors. In 2019, Jiangxi Copper became the first Chinese company to receive approval to set up a 150,000-tonne-per-year copper facility in Malaysia to process low quality copper scrap including insulated copper wire (ICW). Th...Read More

Chile's Codelco, the world's No. 1 copper producer, is taking Ecuador to international arbitration over the Llurimagua exploration project, which is being jointly advanced by the two nations.The 982-million-tonne Llurimagua copper project, about 80 km northeast of Ecuador's capital of Quito, is in the advanced exploration stage and could become the first mine the Chilean giant operates abroad.T...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and its majority-owned Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) have reached a deal that ends a standoff between the companies over funding for an expansion of the massive Oyu Tolgoi copper-gold mine in Mongolia.The funding plan addresses the remaining US$2.3 billion needed for the underground project, building on and replacing deals set up under a m...Read More

Chinese ferrous scrap buyers are considering higher bids for imported heavy scrap, with steel mills in both east and northeast China looking to purchase more quantities in the coming weeks."Buyers in the northeast can bid as high as $485-500 per tonne cfr China," a trader in China told Fastmarkets.A buyer source at a south China-based steel mill said he was willing to purchase at $480-500 per tonn...Read More

Canada's Barrick Gold (TSX: ABX; NYSE: GOLD) and Papua New Guinea (PNG) have ended a year-long standoff with an agreement that gives the country's government a majority stake in the Porgera gold mine and outlines plans to restart operations.The agreement sets up a new joint venture, in which PNG stakeholders have a 51% stake and Barrick Niugini Limited (BNL) 49%. The partnership owns the gold mine...Read More

Import prices for ferrous scrap in Vietnam are still increasing due to a strengthening downstream steel market, though the rate of increase has slowed, sources told Fastmarkets on Friday April 9.A higher auction price at Japan's Kanto Tetsugen, a cooperative of scrap dealers in the Tokyo area, will likely support further price increases.Bulk cargoes of Japanese H2 scrap were offered to Vietnam at...Read More