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
Nickel and lead futures prices on the London Metal Exchange pushed up on the morning of Friday April 16, while most other metals consolidated after a Thursday session that saw copper pulling along most of the other base metals. Nickel's three-month price was the only one in the complex to not close higher on Thursday - drifting down some $14 from Wednesday close to $16,364 per tonne...Read More
Base metals prices on the Shanghai Futures Exchange were for the most part stronger this morning, Friday April 16, supported by robust economic data, while the base metals on the London Metal Exchange were consolidating after yesterday's strength, which followed strong US data. China's gross domestic product (GDP) climbed by 18.3% year on year in Q1US treasury yields dropped, lifting gold and equi...Read More
With the latest trade case against silicon imports expected to conclude in domestic producers' favor, the price of silicon metal in the United States has reached its highest point in more than a decade - surpassing the highs reached at the time of the last trade case in 2018.Fastmarkets assessed the price for silicon, ddp US at $1.43-1.50 per lb on Thursday April 15, up from $1.41-1.48 per lb on A...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 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 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...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...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...Read More
Key data from Fastmarkets' pricing sessions on Friday April 16 in China, Europe and the United States.China The China ferro-silicon price continued to narrow downward in alignment with the lowering of steel mills' tender prices for 72% grade alloys and the availability of inventory. Smelters in Ningxia and Qinghai were ramping up production, which largely offset the supply shortage arising from...Read More
Key data from Fastmarkets' pricing sessions on Friday April 16 in China, Europe and the United States.China Seaborne low-grade manganese ore prices declined after major suppliers cut their offers and buyers showed a healthy appetite for offers that matched portside prices. Seaborne high-grade manganese ore prices also fell, with existing offers rejected by buyers, who cited low portside prices. Po...Read More
Turkish steel producers ended the working week with no deep-sea bookings, amid limited demand in the country's domestic long steel market, sources told Fastmarkets on Friday April 16.There have been no deep-sea bookings since the end of last week, when a steel mill in the Iskenderun region paid an average price of $436 per tonne cfr for 35,000 tonnes of HMS 1&2 (95:5) and 15,000 tonnes of shredded...Read More
Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia. Read More
In a new report on copper, global investment bank Goldman Sachs says meeting the Paris climate goals and supporting the green transition away from fossil fuels and towards electrification will see a surge in copper demand and forecasts a long-term supply gap of 8.2 million tonnes of the metal by 2030, the "highest on record" and "twice the size of the gap that triggered the bull market in copper i...Read More
Spot prices for imported ferrous scrap in China were stable on Friday April 16 even with Chinese steel mills continuing to seek out cargoes of HRS101, the Chinese grade for plate and structural scrap.The highest bids heard for such cargoes were $500-501 per tonne cfr northeastern China, though mills that are not actively seeking material or those that harbor bearish sentiment are bidding at $485-4...Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) hopes to develop Canada's next gold camp at its 100%-owned Indin Lake gold project in the Northwest Territories, about 220 km north of Yellowknife, says Keyvan Salehi, the company's president and CEO. The property has "the right land position and geological setting and structures to host significant gold deposits and has the potential to become a major go...Read More
Skeena Resources (TSX: SKE; US-OTC: SKREF) released an updated resource estimate for the company's flagship Eskay Creek gold-silver project. Located in the Golden Triangle district of northwestern British Columbia Eskay Creek is a past-producing underground mine first discovered in 1988, that Skeena initially optioned from Barrick Gold (TSX: ABX; NYSE: GOLD) in 2017, before acquiring 100% ownershi...Read More
China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of declines.China is the world's biggest gold consumer, gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars each year, but its imports plunged...Read More
About 150 tonnes of gold worth $8.5 billion at current prices is likely to be shipped following the green light from Beijing.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More