Physical iron ore prices dropped on Monday October 14 following losses in the derivatives markets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $91.49 per tonne, down $2.27 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $92.03 per tonne, down $0.22 per tonne.62% Fe low-alumina fines, cfr Qingdao: $90.17 per tonne, down $2.73 per tonne.58% Fe fines high-premium, cfr Qing...Read More

Seaborne coking coal prices moved up on Monday October 14 after Chinese end users returned to the spot market for the first time after a holiday in the first week of the month to mark China's National Day.Fastmarkets indicesPremium hard coking coal, fob DBCT: $146.62 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $164.36 per tonne, up $4.86 per tonneHard coking coal, fob DBCT: $123.13...Read More

Pig iron import prices in the United States stopped falling last week, despite weak scrap and hot-rolled coil prices, due to limited availability caused by suppliers focusing on the more lucrative Chinese market.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $290-300 per tonne on October 11, unchanged week on week."The pig iron price should go down, considering whe...Read More

Seaborne iron ore concentrate continued to see narrower discounts after China's week-long National Day holiday in early October, while the pellet market remained weak.ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao stood at $99.88 per tonne last Friday October 11, up $3.43 per tonne from the numbers for the previous two weeks.Fastmarkets' daily index for iron ore...Read More

The metals market remains cautious because there still seems a long way to go before a United States-China trade deal can be reached.Weak Chinese trade data highlights how the global economy is suffering - China's US dollar-denominated exports fell by 3.2% in September year on year, while imports dropped 8.5% in the same comparison.Asian equities are firmer across the board because at least some p...Read More

Base metal prices on the Shanghai Futures Exchange were mixed during morning trading on Monday October 14, with the complex largely shrugging off news of a "partial" trade deal being struck between the United States and China at the end of last week. There was fresh optimism in global markets on Friday after US President Donald Trump announced negotiators from China and the US had reached a substa...Read More

Key data from the pricing sessions in Asia and Europe in the week to Friday October 11. China Key drivers  The price for antimony, MMTA standard grade II, ddp China gained 3.2% after domestic suppliers raised their offer prices in response to resumed buying interest from consumers returning from the week-long National Day holiday (October 1-7). Many antimony producers were reluctant...Read More

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets MB prices Click here for Fastmarket MB's price assessment for cobalt sulfate,...Read More

China's cobalt metal price consolidated gains made since late August on Friday October 11 due to weak demand and falling futures prices following the week-long national holiday break. Fastmarkets' assessment for cobalt 99.8% Co min, exw China dropped to 295,000-310,000 yuan per tonne (approx $16.72-17.57 per lb, China-VAT free) on Friday, down by 2.4% from the midweek pricing session. Spot de...Read More

I still remember the day my college girlfriend told me her dad's stock portfolio was worth $110,000.I was floored. Between that, a good job, and a nice house on Long Island- the guy was rich!Twenty years later, it would take a little bit more to get my attention.I tell you, as modestly as possible, that my current home is worth eleven times as much as that $110,000 stock portfolio. My investments,...Read More

The low end of the domestic Chinese selenium price was pulled down over the past week by lower raw material costs as a result of ample supply of upstream crude selenium. Fastmarkets assessed the selenium 99.9% Se min, in-whs China price at 85-135 yuan ($12-19) per kg on Friday October 11, down by 5 yuan on the low end from 90-135 yuan per tonne the week before. The price has fallen by 47.6% f...Read More

As the United States' Section 232 tariffs on steel imports enter the second half of their second year, ferrous markets across the globe are still reeling from their effects.The tariffs - imposed after a year-long Section 232 investigation into whether imports of steel, as well as aluminium, posed a national security risk to the US - were vaunted as policies to safeguard the country's domestic indu...Read More

The Bureau of International Recycling (BIR) will advocate for a Chinese proposal to discard the term "scrap" by officially renaming certain copper scrap products as "recyclable copper raw materials", whilst seeking further clarity with Chinese officials on the definition and specifications of importable scrap, the association said on Sunday October 13.In Chinese, "scrap" and "waste" are essentiall...Read More

Tom Bird, the head of Bureau of International Recycling (BIR), will leave his position as the chief operating officer of Chiho Environmental Group in November, Fastmarkets learned on Sunday October 13.Chiho Environmental is China's largest scrap metal recycling company. It runs 700 yards globally with extensive operations in the recycling of ferrous...Read More

Vancouver-based explorer Falcon Gold Corp. (TSXV: FG) announced in September that it signed two binding agreements to acquire a 100% interest in two gold mining claim blocks in the Red Lake mining district in northwest Ontario.The two new acquisitions add to Falcon's existing portfolio of gold, copper, nickel and cobalt projects in central Canada and Argentina.The two claims cover an area of appro...Read More

Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftThree of the world's biggest mining companies, BHP, Rio Tinto and Fortescue Metals Group...Read More

Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftAccenture's resources lead Ann Burns acknowledges one of the three aims in the Triple Ze...Read More

Gold futures rise Monday to post their first gain in three sessions, finding support as the so-called "phase one" of the U.S.-China trade deal reportedly hit...Read full newsRead More

"#AMCAST has a Vision for the Future: Industry practices that produce less waste and use less of our earths surface to produce the same supply.#AMCAST will be exhibiting as a bronze partner at #FutureofMining Americas in Denver this month. #FOMAmericashttps://t.co/AwEsSSgUq6"Read full newsRead More

"Congratulations to Nickel Mines on wining Best Financing/Structured Deal!#NickelMines is an Australian public company emerging as a globally significant, low cost producer of nickel pig iron, a key ingredient in the production of stainless steel. #MJAwards"Read full newsRead More