Pig iron export prices from Brazil went up again during the week to Friday July 24 on a new sale to China and a new sale to the United States. Fastmarkets' price assessment of pig iron, export, fob port of Vitoria/Rio, Brazil was $322 per tonne on Friday, up from $320 per tonne a week earlier.A new cargo was sold to an international trader for the...Read More

The inter-merchant spot market for light iron scrap in the UK was steady over the week to Friday July 24, consolidating a small increase from the previous week, with relatively low levels of scrap coming into yards, industry sources said.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was unchanged at ?85-95 ($108-121) per tonne on...Read More

No activity was again reported in the United States' spot import pig iron market during the week ended Friday July 24, with pig iron prices still considered high compared with those for scrap and demand weak amid low utilization rates.Fastmarkets' weekly price assessment for pig iron, import, cfr Gulf of Mexico, US was $327-330 per tonne on Friday, widening downward from $330 per tonne a...Read More

The price of ferrous scrap imported into India in containers moved up in the week to Friday July 24, despite market expectations for demand to remain subdued until later in the year, sources told Fastmarkets.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $285.96 per tonne on Friday, up $4.50 from $281.46 per tonne a week earlier.A deal was heard at $285...Read More

Turkish steel mills stayed out of the deep-sea scrap market on Friday July 24, but still ended the week having booked around 248,000 tonnes of scrap, sources told Fastmarkets.Despite the quiet Friday, news emerged of a US cargo booked on Wednesday July 22, with a steel mill in the Iskenderun region making the booking at $269.50 per tonne cfr for HMS 1&2 (80:20). The cargo composition was not clear...Read More

The market for pig iron exports from the Commonwealth of Independent States (CIS) was firm during the week ended Thursday July 23, on continued demand in China and resumed interest in Turkey.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $319-324 per tonne on July 23, widening from $320-323 per tonne a week before.One sale of 60,000 tonn...Read More

Seaborne iron ore prices fell on Friday July 24, following a downturn in the futures market amid growing concerns over escalating tensions between China and the United States. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $109.39 per tonne, down $0.73 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $111.56 per tonne, down $1.24 per tonne. 58% Fe fines high-grade premium, cfr...Read More

Seaborne coking coal prices were relatively stable across the board on Friday July 24, with Chinese steel mills that still have import quotas preferring higher-quality material, sources told Fastmarkets.Fastmarkets indices Premium hard coking coal, fob DBCT: $108.22 per tonne, down $0.80 per tonne  Premium hard coking coal, cfr Jingtang: $119.39 per tonne, up $0.70 per tonne Hard coki...Read More

Three-month base metals prices on the London Metal Exchange softened during morning trading on Friday July 24, with positive manufacturing data out of Europe and a continued drawdown in LME stocks doing little to stop a complex-wide correction, that saw most metals decline by more than 1%. Leading on the downside this morning, LME nickel's outright price was recently at $13,475 per tonne, notching...Read More

The base metals were polarized this morning, Friday July 24, with prices on the London Metal Exchange down across the board, while the opposite was true for those on the Shanghai Futures Exchange.Asian-Pacific equities and major western pre-market equity futures indices were in negative territory this morning. Haven assets like gold, US treasuries and the yen are all pointing to a pick-up in inves...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process...Read More

The tantalum concentrate price was trading under pressure this week after Chinese buying started to slow down. Fastmarkets assessed the price for tantalite, basis 25% min Ta2O5, cif China at $64-65 per lb on Friday July 24 - Fastmarkets first assessment of this price following an extended consultation - down from last week's $65-67 per lb. Tantalum prices had started to move up in A...Read More

The spot cobalt metal price in China continued to rally in the second half of the week following upturns in the local futures market since Thursday and a slight improvement in consumers' restocking appetite. Fastmarkets' assessment for cobalt 99.8% Co min, exw China rose to 255,000-265,000 yuan ($36,363-37,789) per tonne (equivalent to approx. $14.59-15.16 per lb, less China VAT) on Friday Ju...Read More

The Chinese domestic ferro-silicon market dipped in the most recent trading session due to the continuing sluggish downstream magnesium market and easing supply concerns, with smelters ramping up their operations. Fastmarkets' price assessment for ferro-silicon 75% Si min, in-whs China was 5,800-5,900 yuan ($828-842) per tonne on Wednesday July 22, down by 100 yuan (1.7%) from 5,900-6,000 yua...Read More

An overview of the Chinese minor metals markets and the reasons for their latest price moves. Read More

July 24, 2020 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce a non-brokered private placement of a combination of units and flow-through shares of the Company for gross proceeds of up to C$4,000,000 (the “Offering“). Each unit (a "Unit") is being offered at a price of C$0.25 and will be comprised of one common share of the Company a...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesOf the major diversified miners, BHP posted a record quarter and year of iron ore production, capitalising on unexpe...Read More

The U.S. Bureau of Land Management has approved the development of the northern route to provide access to the Ambler mining district in northwest Alaska.According to South32 (ASX: S32) and Trilogy Metals (TSX: TMQ; NYSE: TMQ), partners in Ambler Metals, the Record of Decision (RoD) approves the development of the northern, or "A" route, which is to be a 211-mile-long gravel private access road in...Read More