London Metal Exchange metals prices were all lower on Friday February 26, following a spike in US 10-year Treasury bonds and a higher US Dollar Index.Tin and copper futures prices fell from their recent highs amid profit-taking, while nickel dropped below $19,000 per tonne.Yields on the 10-year US Treasury bonds jumped to 1.6% on Thursday before drifting down to 1.43% on Friday morning, but the ri...Read More

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

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday February 26.China Low-grade seaborne prices jumped after South African miners raised their offers due to rising freight costs and expectations of lower shipments in the coming weeks following logistical disruptions. High-grade prices also edged up amid improving downstream sentiment. The stronger ra...Read More

The spot market for copper concentrate was little changed in the week ended Friday February 26, despite a flurry of lower bids and offers.Fastmarkets' copper concentrates TC index, cif Asia Pacific, was $35.80 per tonne on Friday, the same as a week before and the lowest price on records that go back to 2013.Several market participants cited a...Read More

Bob Moriarty ArchivesFeb 26, 2021The resource shares have been in a massive correction since peaking in August of 2020. For a time it looked as if it was getting long in the tooth at the end of Tax Loss Silly Season in December but the blip higher soon turned into yet more decline.But Saturday February 27th is a full moon. At full moons markets tend to either accelerate in the direction they are t...Read More

Fastmarkets will publish its first low-carbon aluminium differentials for primary aluminium (P1020A) and value-added products in Europe on Friday March 5.A "green" supply chain has been a key focus for the aluminium market over the past few years. One main point of discussion has been whether low-carbon aluminium can fetch a premium due to its "green" status.Fastmarkets aims to bring transparency...Read More

In that time, Chinese ferrous scrap import volumes virtually fell to zero as sweeping solid-waste import restrictions took no prisoners - despite ferrous scrap's green recyclable reputation.Read More

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

Adam HamiltonArchivesFeb 26, 2021Following a necessary correction, the gold miners' stocks have spent much of recent months bottoming. This healthy basing process is rebalancing sentiment, preparing the way for this sector's next bull-market upleg. That is looking to coincide with gold stocks' spring rally, one of their strongest times of the year seasonally. That stiff tailwind blowing behind bul...Read More

An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in...Read More

Pakistan's government has said that Fastmarkets' import index for ferrous scrap will be used for customs valuations of ferrous scrap, according to an official ruling published on February 25.The decision came after meetings to determine customs values, held on January 14 and February 3 with key industry stakeholders - including the Federation of Pakistan Chambers of Commerce & Industry (FPCC&I), t...Read More

Steel scrap prices have increased across all major markets over the week to Friday February 26, driven by strengthening steel markets and a jump in bulk freight rates.Turkish mills continue to book cargoes at higher pricesUS export prices rise in sales to South Korea, TurkeyVietnamese buyers juggle tight billet-scrap spreadsTaiwan import market boosted by strong freight ratesIndia market mirrors i...Read More

The price of austenitic steel scrap in the UK and Europe moved up in the week ended Friday February 26, but a drop in the price of nickel on Friday meant that a downward correction next week was likely, sources have told Fastmarkets.Fastmarkets' weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, was ?1,200-1,210 ($1,694-1,708) per tonne on Friday, an...Read More

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

Chinese domestic lithium prices continued to rise in the week to Thursday February 25, supported by continued tight spot supply, and most producers are targeting even higher prices in March.China's domestic battery-grade lithium carbonate price increased by 9.9% week on week supported by a lack of supply. Most producers raised their offering prices again this week. The lithium hydroxide marke...Read More

Import prices for flat-rolled steel in South America soared in the week to Friday February 26, boosted by a swift increase in bulk freight rates and higher offers from Chinese mills, returning to the market after the Lunar New Year holiday.By the end of the week, some of offers previously presented to the continent were pulled, due to uncertainties regarding delivery. Reduced availability of cargo...Read More

Adriatic Metals Plc (ASX:ADT, LSE:ADT1) is a precious and base metals explorer and developer that owns the world-class, very high-grade Vares silver project, in Bosnia & Herzegovina and the Raska zinc deposit in Serbia, pro-mining European regions, with highly-skilled workforces as well as extensive existing infrastructure and logistics. We learned from Paul Cronin, Managing Director & CEO of Adri...Read More

I thought this story would be dead by now... but the madness is actually far from over. In a surprise move, GameStop (NYSE: GME) shares soared Wednesday afternoon and again during trading Thursday. Unusual options activity and an odd picture of a McDonald's ice cream cone tweeted by activist investor Ryan Cohen - a major shareholder and member of GameStop's board - sparked the action.On cue, the...Read More

The price range for Indian hot-rolled coil exports narrowed slightly in the week ended Friday February 26 with HRC prices in Asian markets moving upward.Prices for Indian HRC exports to Europe remained stable even while Indian mills continued to restrain their export tonnages of such material to stay within European quota limits.The price of steel HRC (commodity), export, fob main port...Read More

Northisle Copper and Gold Inc. (TSX-V: NCX) owns the district-scale North Island Project, located near Port Hardy, British Columbia. The North Island Project is one of the most promising copper and gold porphyry deposits in Canada, with the robust PEA boasting low cost and long mine life. The Company is aggressively advancing its exploration and development program in 2021. We learned from Sam Lee...Read More