Spot copper concentrate processing charge rose to its highest level since June last year, with the market firming up levels after a month of volatility.Smelter deals concluded for clean spot concentrates at low-to-mid $50s, including shipment diverted as a result of a smelter outage in Yantai. Major smelters...Read More

The flooding caused by torrential rains that have battered central China's Henan province since last weekend has disrupted logistics and deliveries there although production remains largely unaffected, market sources told Fastmarkets.Henan, one of China's most populous provinces, is a major production hub for base metals including lead, zinc, copper and nickel. Some regions of the province, inclu...Read More

Lead and tin jumped by more than 2% each, while nickel rose 1.9% following news of BHP's nickel supply deal with Tesla yesterday.Copper rose for a third day, adding 1.1% to US$9,417.78 per tonne.According to data from the International Copper Study Group, preliminary data for the first four months of 2021 showed world copper mine and refined production increased by 4% and apparent refined usage ro...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More

Key data from Fastmarkets' pricing sessions in the United States, China and Europe for the week ended Friday July 23.China The in-warehouse China ferro-silicon price went up following the news that a major producer in Inner Mongolia will issue a production cut due to the electricity controls in summer; in addition, Ningxia will start a series of electricity controls to limit production. Spot avail...Read More

Spot copper concentrate processing charge rose to its highest level since June last year, with the market firming up levels after a month of volatility.Smelter deals concluded for clean spot concentrates at low-to-mid $50s, including shipment diverted as a result of a smelter outage in Yantai. Major smelters...Read More

China's alumina price has risen after severe floods in Henan province led to the closure of several local refineries, market sources told Fastmarkets.Fastmarkets' weekly price assessment for alumina metallurgical grade, exw China was 2,425-2,560 yuan ($375-397) per tonne on Thursday July 22, widening upward by 60 yuan per tonne from 2,425-2,500 yuan per tonne one week earlier, after offe...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies and...Read More

Stephen Wilkinson, President and CEO of Gold'n Futures Mineral Corp. catches us up and reviews steps needed to revitalize the Hercules Gold Project. Gold'n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based, exploration company, advancing its flagship Hercules Gold Project.The Hercules Gold Project is a well-known, high-grade gold project, located 120 kilometres northeas...Read More

We spoke with Lewis Lawrick, President, CEO and Director of Magna Terra Minerals Inc. (TSXV: MTT). Magna Terra owns three district-scale, advanced gold exploration projects, in the world class mining jurisdictions of New Brunswick, Newfoundland and Labrador. In the summer of 2020, the Company acquired a portfolio including two district-scale gold exploration assets from their Sister Company, Anaco...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More

The Turkish steel mills continued to limit their deep-sea scrap bookings in the week ended Friday July 16 due to weak finished steel sales, while the downturn in the country had a knock-on effect on prices in the global markets.Turkish mills restrict deep-sea purchases to put downward pressure on pricesSummer slowdown hits US export marketCovid-19 pandemic shuts down local long steel and scrap mar...Read More

First and foremost, it's time to cash in on our Starbucks (NASDAQ: SBUX) $123 call(s) expiring on July 30 for a gain of at least 209% as of Friday morning. Congrats on another big win in just a week's time! And just so there are no misunderstandings:Today's Action to Take: Sell your SBUX July 2021 $123.00 calls expiring on July 30, 2021. Now, onto an equally pressing market opportunity for you.U...Read More

Global scrap prices remained broadly stable over the week to Friday July 23; trading remains subdued due to public holidays and a resurgence of Covid-19.Turkish mills remain silent on public holidayUnited States export market apprehensive of downward correctionChinese prices improve on rising demandVietnam market flat on lack of interestTaiwanese scrap prices impacted by Covid-19 related lockdownI...Read More

The inter-merchant light iron scrap market in the United Kingdom was steady in the week to Friday July 23, consolidating small gains from the previous week amid strong domestic fundamentals, despite quiet export sales to key destinations such as Turkey and the Indian subcontinent, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered...Read More

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally stronger this morning, Friday July 23, the exception was lead on the LME that was down by 0.5%, but that was after a strong gain on Thursday. Lead, tin and nickel all pushed the boundary on the upside on Thursday with gains of 1.5% or moreEuropean Central Bank projected a dovish outlook on monetary po...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More

Part 1 (part 2 below)Part 2Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on...Read More

The flooding caused by torrential rains that have battered central China's Henan province since last weekend has disrupted logistics and deliveries there although production remains largely unaffected, market sources told Fastmarkets.Henan, one of China's most populous provinces, is a major production hub for base metals including lead, zinc, copper and nickel. Some regions of the province, inclu...Read More

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More