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 in April unchanged compared with market levels the month before, amid persistent supply tightness, trade sources said this week.The move follows initial signs around the turn of the month of a potential fall of ?20 ($27) per tonne due to a combination of reasons: downward pressure on Eu...Read More

China's steel scrap import prices narrowed upward on Wednesday April 14, with rises in finished steel prices driving momentum in the market.The country's steel mills continued to raise their bids for imports of HRS101-grade scrap, with at least one bid heard at $490-495 per tonne cfr eastern China.The highest bid from northeast China reached $500 per tonne cfr China on Wednesday, which sources sai...Read More

Seaborne iron ore prices made largely rangebound movements on Wednesday April 14 except for the low-grade fines price, which fell amid weaker demand from steelmakers, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $173.54 per tonne, up $0.29 per tonne62% Fe low-alumina fines, cfr Qingdao: $174.10 per tonne, down $0.03 per tonne58% Fe fines high-grade premium, cfr Qingdao: $15...Read More

The premium hard coking coal price inched up in the fob market due to increased procurement activity while the cfr market remained largely stable at the elevated level on Wednesday April 14, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $113.18 per tonne, up $0.59 per tonnePremium hard coking coal, cfr Jingtang: $218.87 per tonne, up $0.08 per tonneHard coking coal, fob DBCT:...Read More

British steel scrap suppliers have mostly settled monthly delivery prices for steel scrap to domestic consumers in April unchanged compared with market levels the month before amid persistent supply tightness, trade sources said this week. A correction has...Read More

Exports of steel scrap from Japan fell by 26.2% year on year in January-February 2021, although volumes shipped to China jumped sharply, the latest data from Japanese customs shows.Japan exported 501,006 tonnes of steel scrap in January and 639,148 tonnes in February to make a combined 1.14 million tonnes. That was down from the 1.54 million tonnes exported over the same period of 2020, customs da...Read More

Coal exports from Australia's Queensland state were down by 4.85% year on year in March, according to data from the North Queensland Bulk Ports Corp and Gladstone Ports Corp. Queensland, Australia's metallurgical coal hub, exported 15.71 million tonnes of coal - including small volumes of thermal coal - in March, compared with 16.51 million tonnes a year earlier, the latest data from the two port...Read More

China's imports of copper concentrate reached 2.1 million tonnes in March to set a new highest monthly record, customs data out on Tuesday April 13 shows. "The robust imports in March came after weaker shipment [volumes] in February, presumably, due to the fact that high sea waves at Chilean ports caused a delay. The higher concentrate imports came amid rising smelter production that requires raw...Read More

China's domestic hot-rolled coil prices continued to rise on Wednesday April 14 amid declining inventories.DomesticEastern China (Shanghai): 5,490-5,530 yuan ($839-845) per tonne, up 30-80 yuan per tonneMajor warehouses in Shanghai had a total of 445,800 tonnes of HRC on Wednesday, down by 27,900 tonnes from 473,700 tonnes a week earlier, according to a survey by a domestic trading company.The dro...Read More

The London Metal Exchange three-month aluminium price reached a new year-to-date high on Wednesday April 14 morning, while the rest of the complex was trending higher on support from a lower US dollar index.LME aluminium's price reached $2,322 per tonne around 9:30am on higher volumes, trading over 4,500 lots by that time, that surpassed copper, which was trading around 3,800 lots. This is th...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday April 14, and broader markets were pleased US consumer prices did not shock to the upside, but markets are likely to remain wary in case corporate earnings do not live up to high expectations.Tuesday's US consumer price index (CPI) reading climbed by 0.6% in March, slightly higher than...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, $/lb...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.Fastmarkets assessed...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? SPONSOREDswannWhat investors will be looking for in the spending habits of shoppers is evidence...Read More

Galactic mining could become a reality by 2025, with the first facility for such a purpose being planned for construction on the moon, according to Airbus."Lunar dust called solar regolith can be used to produce oxygen, metals, alloys and silicon, which will then be used as raw materials in an industrial process," the aerospace company's in-space manufacturing and assembly roadmap owner Christophe...Read More

Robert Friedland, the founder and executive co-chairman of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) gave a keynote presentation at this year's virtual CRU World Copper Conference. Filmed from his home in Singapore on April 13, the billionaire spoke about what the electric future will look like and what needs to happen to the supply chain to get there. He also called copper a "national security issu...Read More

Osisko Metals' (TSXV: OM; US-OTC: OMZNF) Pine Point project in the Northwest Territories has "all the ingredients you want for an outstanding base metals project," says the company's Chairman and CEO Robert Wares.The past-producing zinc-lead project, located about 60 km east of Hay River, benefits from established infrastructure, including an onsite electrical substation that provides low-cost hyd...Read More