Digging Deep

Defense Metals in the Media

February 16, 2024

Our 2024 Predictions, Part 2

January 11, 2024

Our 2024 Predictions, Part 1

January 02, 2023

Can Gold Hit $3,000 in 2024?

29 December, 2023

Will Bitcoin ETFs Kill Gold?

November 21, 2023

What's Next for Gold?

06 June, 2023

Platinum and Palladium

February 2022

Transition to Production

June 15, 2021

Silver Suppression?!

February 02, 2021

Gold: Year in Review 2020, and 2021 Outlook

January 04, 2021

Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

AbraPlata: CMR's full analysis of an Argentina focussed gold and silver junior

May 2020

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

US hot-rolled coil prices dip but stay above $61/cwt

February 27, 2021 / www.metalbulletin.com

Hot-rolled coil prices in the United States remained above $61 per hundredweight, with market participants scrambling to find spot material, according to market participants.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $61.72 per hundredweight ($1,234.40 per short ton) on Friday February 26, down by 0.21% from $61.85 per cwt on February 25 but up by 1.83% from $60....Read More

Gerdau takes maintenance stoppage at Ouro Branco steel unit

February 27, 2021 / www.metalbulletin.com

Brazilian flat and long steel producer Gerdau was carrying out a maintenance stoppage late this month at its integrated steel unit in Ouro Branco city, in the country's southeastern Minas Gerais state.The maintenance work will involve Gerdau's blast furnaces, steel mill and rolling facilities, and was expected to last for three weeks, the company told Fastmarkets on Friday February 26."Supply [of...Read More

Indian HRC export price narrows on exports to Middle East

February 27, 2021 / www.metalbulletin.com

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

EUROPE HRC: Domestic prices inch up; mills seek price rise for coil products

February 27, 2021 / www.metalbulletin.com

Domestic prices for steel hot-rolled coil in Northern Europe increased day on day on Friday February 26, with European steelmakers increasing their offers for coil products amid good demand and short supply, sources said.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, ex-works Northern Europe at ?,?738 ($899.86) per tonne on Friday, up by ?,?3 from ?,?735 per tonne the prev...Read More

Earnings buoyed by US$3.25/lb copper price

February 26, 2021 / www.mining-journal.com

Auteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliMegatrends 2035: How expansion of megacities will impact demand for commodities?EURRead More

Solaris Resources on winning streak in Ecuador

February 26, 2021 / www.mining-journal.com

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliWith the management of the Augusta Group, which has an unrivalled track-record of value creation in exploration and development within the mining sector, totalling over $4.5 billion in exit transactions in the past decade, Solaris Resources is emerging as a force to be reckoned with as it pushes ahead with an expanded drilling pr...Read More

Colombia launches copper areas auction

February 25, 2021 / www.mining-journal.com

Auteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliMegatrends 2035: How expansion of megacities will impact demand for commodities?EURRead More

Brazilian pig iron export prices rise on reports of new deals

February 27, 2021 / www.metalbulletin.com

Pig iron export prices from the south of Brazil increased again in the week to Friday February 26 on reports of new deals being done, with at least one shipment destined for the US.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $500-515 per tonne on Friday, up from $480-500 per tonne a week before.One sale of pig iron from the south of Brazil was heard to t...Read More

US PIG IRON: Market up on further restocking, increased freight rates

February 27, 2021 / www.metalbulletin.com

The pig iron import market in the United States continued to strengthen during the week to Friday February 26 on further restocking and increased freight rates, market sources said.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was $550 per tonne on Friday, an increase of $30-40 from $510-520 per tonne a week ago.One large pig iron buyer continued to restock, buying a c...Read More

STEEL SCRAP WRAP: Global prices rise amid strong steel markets, rising freight

February 27, 2021 / www.metalbulletin.com

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

EUROPE ALLOY STEEL SCRAP: Austenics prices rise but correction likely on late nickel fall

February 27, 2021 / www.metalbulletin.com

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

SOUTH ASIA STEEL SCRAP: Prices continue rise in line with international market

February 27, 2021 / www.metalbulletin.com

Prices for shredded steel scrap imported into India and Pakistan are following the trend of the international market and moving up over the week to February 26, sources told Fastmarkets.IndiaFastmarkets calculated its steel scrap, shredded, index, import, cfr Nhava Sheva, India at $459.75 per tonne this week, up from $430.86 per tonne one week earlier.There were no deals heard in the market t...Read More

UK STEEL SCRAP WEEKLY: Light iron market extends bounce on tight supply, good export demand

February 27, 2021 / www.metalbulletin.com

The recent bounce in the United Kingdom's light iron steel scrap market extended into this week due to tight domestic supplies amid renewed export demand, sources told Fastmarkets. Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was ?145-160 ($205-226) per tonne on Friday February 26, up from ?140-150 per tonne on February 19. The...Read More

COKING COAL DAILY: Seaborne coking coal prices weak with limited buying interest

February 27, 2021 / www.metalbulletin.com

Seaborne premium hard coking coal prices in both the fob and cfr markets edged down on Friday February 26 with most market participants, especially trading houses, taking a wait-and-see attitude.Fastmarkets indicesPremium hard coking coal, fob DBCT: $125.73 per tonne, down $1.27 per tonnePremium hard coking coal, cfr Jingtang: $218.55 per tonne, down $0.49 per tonneHard coking coal, fob DBCT: $119...Read More

IRON ORE DAILY: Low-grade iron ore attracts buyers amid falling coke prices

February 27, 2021 / www.metalbulletin.com

Iron ore prices increased on Friday February 26, with low-grade iron ore fines rising fast due to lower coke prices, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $175.78 per tonne, up $1.54 per tonne62% Fe low-alumina fines, cfr Qingdao: $176.27 per tonne, up $1.57 per tonne58% Fe fines high-grade premium, cfr Qingdao: $161.74 per tonne, up $1.68 per tonne65% Fe Brazil-orig...Read More

AEROSPACE MATERIALS MARKET REPORT 26/02: Good user demand, tight availability boost V2O5 price

February 27, 2021 / www.metalbulletin.com

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

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 26/02: Tight prompt supply boosts V2O5 prices further

February 27, 2021 / www.metalbulletin.com

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

February 27, 2021 / www.metalbulletin.com

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

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

February 27, 2021 / www.metalbulletin.com

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...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

February 27, 2021 / www.metalbulletin.com

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

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