Regeneron (REGN), a NASDAQ 100 stock moved below $467.00 extending an intermediate downtrend.Healthcare SPDRs (XLV) moved below $114.10 completing a double top pattern.Brazil iShares (EWZ) moved below $34.06 extending an intermediate downtrend.Bank of America (BAC), an S&P 100 stock moved above $34.37 extending an intermediate uptrend. General Electric (GE), an S&P 100 company moved above...Read More

Turkish domestic ship scrap prices have increased over the past week amid increasing imported scrap values, market participants told Fastmarkets on Monday February 22.A deep-sea transaction done late on Wednesday February 17 - where a steel mill in the Marmara region booked a US cargo comprising 25,000 tonnes of HMS 1&2 (80:20) at $418 per tonne cfr - raised the daily scrap indices by more than...Read More

Export pig iron prices from the south of Brazil went up during the week to Friday February 19 on bullish supplier sentiment after they reported full order books, sources said.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $480-500 per tonne on Friday, up from $470 per tonne a week before. Suppliers from the south of Brazil were heard to be rejecting bids a...Read More

Seaborne premium hard coking coal prices in the fob and cfr markets diverged on Monday February 22 with new transactions heard, Fastmarkets was told.Fastmarkets indicesPremium hard coking coal, fob DBCT: $137.05 per tonne, down $4.08 per tonnePremium hard coking coal, cfr Jingtang: $223.39 per tonne, up $5.91 per tonneHard coking coal, fob DBCT: $130.07 per tonne, down $4 per tonneHard coking coal...Read More

Iron ore prices increased on Monday February 22 on support from an increase in steel prices, although emissions restrictions in Tangshan area are likely to restrict operations, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $175.96 per tonne, up $2.41 per tonne62% Fe low-alumina fines, cfr Qingdao: $175.98 per tonne, up $1.98 per tonne58% Fe fines high-grade premi...Read More

China allowed five cargoes of Australian coking coal to be unloaded last week after a wait of several months, industry sources told Fastmarkets on Monday February 22.Of these cargoes, four were unloaded in Jingtang port and one in Caofeidian port.The vessels had been waiting at anchorage along Jingtang port and Caofeidian port in Hebei province, China, for months, the sources said.It remains uncle...Read More

China's domestic rebar prices moved up sharply on Monday February 22 amid a return of end users in the market, which raised demand and made market participants bullish.DomesticEastern China (Shanghai): 4,600-4,640 yuan ($709-715) per tonne, up by 130-140 per tonne More end users returned to the market from their Chinese New Year break during the day, which strengthened demand for rebar significant...Read More

Prices for seaborne iron ore concentrate increased in the week ended Friday February 19 along with a strengthening of the derivatives market while those for pellets softened from recent highs amid a slow recovery of demand after the Chinese New Year holiday.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $192.61 per tonne, up $8.14 per tonne.65% Fe blast furnace pellet, cfr Qingdao: $...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...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 at 23.50-24.00 on Monday February 22, 2021....Read More

Key data from Fastmarkets' pricing session in London on Friday February 19.Key drivers Antimony prices in Europe continued to rise, following sharp price increases in China, due to an unceasing antimony ore shortage that forced some producers in Hunan - the country's antimony production hub - to halt or suspend operations. Traders are monitoring replacement...Read More

Key data from Fastmarkets' pricing session in China on Friday February 19.Key drivers Chinese producers raise offer prices amid antimony concentrate shortage and stockpiling interest from buyers. Many producers in Hunan province, which is China's antimony production hub, have suspended...Read More

Prices for rebar imports into Singapore increased in the week to Monday February 22 on bullish sentiment caused by the return of Chinese steel market participants, sources told Fastmarkets.Both Turkish and Chinese steel mills had raised their offers against a bullish backdrop after the Lunar New Year holidays.A major east China steel mill was the only supplier for Chinese rebar, offering at $660 p...Read More

Initial assays from the first drill program on the Warintza West zone at Solaris Resources' (TSX: SLS; US-OTC: SLSSF) flagship Warintza project in Ecuador were "so exciting," says President and CEO Daniel Earle, that the company doubled the number of drill rigs from six to 12 rigs."We made the new discovery with the very first hole of the program," Earle said in an interview. "Not only that, but a...Read More

The S&P/TSX Composite Index fell 75.93 points (0.41%) to finish the Feb. 15-19 trading week at 18,384.27. The Global Base Metals Index rose 10.2% to 169.75 and the Global Mining Index gained 2.1% to 108.27. Spot gold fell US$39.70 per oz. (2.2%) to US$1,784.60 per oz., and the S&P/TSX Global Gold Index dropped 7.5% to 281.01.Teck Resources' Class A common shares jumped $4.01 to $32.97. The company...Read More

The Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the trading week at US$1,784.60 per oz., down 2.2%.HudBay Minerals rose 19.9% to US$8.09 per share. The company reported a net loss of US$144.6 million or US55 ?per share in 2020, compared to a net loss of US$343.8 milli...Read More

Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger rand pushing up production costs.Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger South African rand pushing up production costs, while stronger manganese alloy futures supported downstream sentiment. Fastmarkets' manganese ore index 37% Mn, cif Tia...Read More

The S&P/TSX Venture Composite Index climbed 2.92% to finish the Feb. 15-19 trading week at 1,067.44. Spot gold fell US$39.70 per oz. (2.2%) to finish the trading week at US$1,784.60 per ounce.Uranium explorer ISOEnergy rose 74 ? to $2.98. The junior announced that its co-founder, Craig Parry, is stepping down as president and CEO but will remain on the board. Tim Gabruch will take on the CEO posit...Read More

Azure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsAuteco has the right ingredients with PickleSPONSOREDauteco mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationWhat's happened over the past two years in iron ore is case study of su...Read More

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