Iron ore prices mostly edged down on Wednesday March 24, due to reduced trading activity, sources told Fastmarkets, but high-grade fines gained slightly due to concerns over supplies of Carajas fines from Brazil.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $161.39 per tonne,down $0.41 per tonne62% Fe low-alumina fines, cfr Qingdao: $161.97 per tonne,down $0.03 per tonne58% Fe fines high...Read More

A major blockage of the Suez Canal by a large container ship, leading to a vessel traffic jam, is adding to disruption in the global bulk freight markets.The Ever Given, a large container ship flagged in Panama and operated by Taiwanese firm Evergreen, was blown off-course by bad weather late on Tuesday March 23.The vessel is still blocking traffic travelling in both directions in the southern par...Read More

Fastmarkets' US lead premium reached its highest since 2012 due to supply tightness, while the zinc premium went up in Southeast Asia over freight cost hikes.Concerns voiced over the Chinese refined zinc production amid power cuts in major producing areas and a low zinc concentrates treatment charges (TC) while premiums are unchanged for zinc ingots.On-warrant zinc stocks in New Orleans' LME sheds...Read More

Tin market participants say they saw the record-breaking squeeze coming, but in pandemic-time trading, how does it get back to normal?It was at the beginning of the year when the phones started to ring. Hedge funds, eager to hitch a ride on the steadily rising price of tin, were in the market to buy physical stocks of the valuable metal that is predominately used in electronics.Solder makers and s...Read More

Aluminium recovered by 1% during morning trading on the London Metal Exchange on Wednesday March 24 after Tuesday's sell-off saw most of the base metals complex fall by more than 1%.The three-month aluminium price was at $2,243 per tonne at 9am on Wednesday, following a 2.3% drop - the largest in the complex - on Tuesday to $2,219.50 per tonne. Tuesday's slump on the LME was prompted by rumors out...Read More

China's domestic hot-rolled coil prices held steady on Wednesday March 24, with support emerging from a pick-up in trading activity, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,050-5,080 yuan ($776-780) per tonne, unchangedA Shanghai-based trader noted that trading was particularly active in the afternoon when HRC futures registered strong gains.While spot prices were largely stab...Read More

Base metals prices on the London Metal Exchange were mixed this morning, Wednesday March 24, while those on the Shanghai Futures Exchange were for the most part weaker, following Tuesday's weakness on the LME.Asian-Pacific equities were generally nervous this morning, and low US treasury yields suggest risk-offStronger US dollar may prove to be a headwind for metals Base metalsLME three-month base...Read More

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

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Charlotte...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,...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 Cobalt...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 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 assessed Cobalt sulfate...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday March 24. Key drivers Ferro-titanium spot market activity was minimal while negotiations begin for second-quarter supply.Steelmakers in Europe issue almost 600 tonnes of bids for ferro-titanium to be delivered between April and June, according to alloy suppliers. More tenders expected in the coming days, with some seen agreed befor...Read More

March 24, 2021 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce further high-grade silver results from its fall/winter exploration program at its wholly owned Langis Project located in the Cobalt Camp of Ontario, Canada. This news release includes holes LM-21-214 to LM-21-219 and is a total of 1036.3m of NQ size core from the Shaft 6 area...Read More

Resolute Mining (LSE: RSG; ASX: RSG) is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the company was told to cease all activities and operations at the mine site.In a press release today, Resolute said that the action on behalf of the Minister of Lands and Natural Resources was unexpected, and that the company is seeking clarification from the...Read More

With an initial resource estimate for its past-producing Black Pine project in Idaho expected in the second quarter, Liberty Gold (TSX: LGD) has released assay results for the final 35 reverse circulation (RC) drillholes completed as part of last year's 43-875-metre RC program at the site.The results were from five targets, the D-1, D-2 and D-3 zones within Liberty's "Discovery Focus Area" and ass...Read More

Drilling at the southern part of the Cliff Creek area at Benchmark Metals' (TSXV: BNCH) Lawyers project in the Golden Triangle area in B.C. has hit broad zones of gold-silver mineralization and returned high-grade intercepts. The company is working towards a bulk tonnage resource for the project, expected in the first quarter, which would be followed by a preliminary economic assessment.Notable in...Read More

Canadian junior Musk Metals (CNSX: MUSK: US-OTC: GPMNF) is buying the Elon lithium project in Quebec, which would add the coveted battery metal to its gold-focused portfolio."Fuelled by the recent shift to electric vehicles, demand for battery metals and materials has skyrocketed," CEO Nader Vatanchi stated in the announcement. While most people think of Elon Musk, the founder and CEO of electri...Read More

Minor metals prices have rebounded in the first quarter of 2021 after a year when the Covid-19 pandemic stifled trade and demand visibility. Fastmarkets highlights the key drivers behind the recent price moves. Strong demand from China China's economy began to restart last year far ahead of the rest of the world, which was still feeling the economic impact of Covid-19 shutdowns. Stimulus measures...Read More