An overview of the battery raw materials markets and their price moves from the past week.Read More

Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Friday January 25, with a downturn in the US dollar index supporting higher prices, while tin futures fell on more than 1,000 tonnes of inflows.Closing above $6,000 per tonne for the first time this year, copper's three-month price appreciated by 2.2% over the afternoon and total volumes traded toppe...Read More

First Quantum Minerals has suspended production at its Cobre Las Cruces copper mining and hydrometallurgical complex in Spain following a land slippage at its open-pit mine on Wednesday January 23. The area has been evacuated and isolated for safety and environmental procedures since the land slippage in the early morning, the Canadian mining company said. The miner did...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

First it was the loudly broadcast convening of the Working Group on Financial Markets - aka "the Plunge Protection Team" - by the PPT's el Jefe, Steven Mnuchin. This was followed the "mouse that roared" speech from Fed head, Jerome Powell, hinting that the Fed would moon-walk away from rate hikes.Today was trial Hindenburg launched by the Wall St Journal suggesting that the Fed was considering...Read More

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below:Europe- Ferro-vanadium delivered duty-paid in Europe - Vanadium pentoxide in-warehouse Rotterdam China- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Friday January...Read More

Christophe Olivier, the head of copper concentrates trading at commodities firm MRI Trading, has left the organization after 11 years, sources close to the company told Fastmarkets on Friday January 25.Olivier, who had been with the firm since 2007, resigned earlier this week to pursue other opportunities, one source said.MRI declined to comment at the time of publication.It is unclear whether the...Read More

Adam HamiltonArchivesJan 25, 2019 The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely r...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

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

Global ferrous scrap prices recovered earlier losses and moved upward during the week ended Friday January 25, with a number of deals being done at higher prices, Fastmarkets heard throughout the week.Prices into Turkey moved up after new deep-sea cargo bookings, which also helped to push up export scrap prices from the United States. Good demand increased scrap prices in Asia, while India made ga...Read More

UK alloy steel scrap prices were stable this week, with firmer nickel and molybdic oxide prices being offset by stronger sterling versus the euro.With the majority of UK scrap being shipped to the European continent, any increase in the value of sterling must be balanced by lower prices in order to keep cargoes competitive.Therefore, UK scrap prices were largely stable this week. The price of 18/8...Read More

The price of shredded ferrous scrap imported into India went up this week after deals were agreed at higher prices, market participants said on Friday January 25.Fastmarkets' weekly index for containerized imports of shredded scrap into India was $322.34 per tonne cfr Nhava Sheva on January 25, up from $318.73 per tonne cfr Nhava Sheva on January 18.Deals for shredded material were heard done at $...Read More

Comex copper prices rebounded on Friday January 25 after three straight declines amid a lower dollar and a round of technical buying. The copper price for March settlement on the Comex division of the New York Mercantile Exchange surged 5.35 cents to $2.6980 per lb. Market participants remain wary of commodity markets, though, with Chinese and...Read More

Edward Meir of INTL FCStonetopped the base metals leaderboard in the Apex fourth-quarter 2018 contest, with an accuracy rating of 98.51%, while SP Angel were top of the precious metals table with 97.53% accuracy.For steel raw materials, Fastmarkets topped the leaderboard with 93.38% accuracy.Click on the image below to download the full report.Second in the base metals leaderboard was Caroline Bai...Read More

INTL FCStone's Edward Meir took the top spot on Fastmarkets' Apex 2018 yearly base metals leaderboard with an accuracy rating of 98.75%.In second place for base metals was Capital Economics' Caroline Bain with an accuracy rating of 98.25%, while Fastmarkets was third with 96.75%. Citi and CLSA's Andrew Driscoll were in joint fourth place with 96.69%.In the precious metals category, Georgette Boele...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

China's domestic spot battery-grade lithium carbonate price weakened on Thursday January 24 after some suppliers sold at lower levels to boost cash flow ahead of the Lunar New Year holiday, while the battery-grade lithium hydroxide price in China and those in the rest of the world were unchanged. Battery-grade lithium carbonate prices edged down on cheaper concluded deals. Lithium hydroxide prices...Read More

Coated steel prices in Turkey were stable in the week ended Friday January 25, with some producers closing their sales books because they were planning to increase prices.The producers wanted to wait and see whether price increases for hot-rolled coil (HRC) would be accepted by the market, before announcing new prices, sources told Fastmarkets.Fastmarkets' weekly price assessment for Turkish domes...Read More

Most flat steel import prices decreased in South America during the week ended Friday January 25, but hot-rolled coil (HRC) was boosted by higher demand and a slight recovery.Fastmarkets assessed the HRC import price in South America at $525-540 per tonne cfr on January 25, up from $520-530 per tonne a week before. This was the highest price since December 7 last year.With Chinese export prices go...Read More