Brazil's automotive output grew by 5.47% year on year in March, despite several plants closing toward the end of the month, national automakers association Anfavea said on Wednesday April 7.The country produced 200,340 vehicles in March, up from 189,958 units in same month in 2020 and up 1.68% from 197,035 units in February 2021, the association said."The figures in March were acceptable despite t...Read More

Lift-off for Highfield ResourcesSPONSOREDhighfield resourcesKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdHot Chili rises to the topSPONSOREDhot chiliThe PEA outlined average annual production of 112,300 tonnes of copper for 27 years, with 140,000tpy over the first 10 years, fro...Read More

Forest product stocks and related ETFs are moving higher. Global Timber iShares (WOOD) moved above $88.48 to an all-time high extending an intermediate uptrend. Interfor (IFP.TO) moved above Cdn$30.81 to an all-time high extending an intermediate uptrend.Canfor (CFP.TO) moved above $29.00 extending an intermediate uptrend.Pre-opening Comments for Wednesday April 7thU.S. equity index futures were l...Read More

Turkish deep-sea scrap import prices pushed up again after three fresh cargoes were sold from the United States and Baltic Sea regions for May shipment, market participants told Fastmarkets on Wednesday April 7.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 16,000 tonnes of HMS 1&2 (80:20), 8,500 tonnes of shredded, 4,500 tonnes of bonus, 3,500 tonnes of rail and a 2,5...Read More

Iron ore prices pushed up on Wednesday April 7, chasing previous increments in steel prices but depressing seaborne activity, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $173.63 per tonne, up $2.73 per tonne62% Fe low-alumina fines, cfr Qingdao: $174.16 per tonne, up $3.16 per tonne58% Fe fines high-grade premium, cfr Qingdao: $154.65 per tonne, up $1.40 per to...Read More

The seaborne premium hard coking coal price stayed largely flat in the fob market and decreased in the cfr market on April 7 Wednesday after major buyers in south China became cautious to buy seaborne cargoes amid uncertain limits on import coal quotas, market sources told Fastmarkets.Fastmarkets indicesPremium hard coking coal, fob DBCT: $115.11 per tonne, up $0.04 per tonnePremium hard coking co...Read More

The import price for heavy scrap (HS) into China maintained its upward trend this week, with more buying interest heard in the spot market amid climbing prices in the region. Fastmarkets' price assessment for steel scrap, heavy recycled steel materials, cfr China was $475-480 per tonne on Wednesday April 7, up by $15 from $460-465 per tonne on April 6. This followed a $5 narrowing in the rang...Read More

Fastmarkets has corrected its daily iron ore 62% Fe Pilbara Blend Fines Differential and 62% Fe Pilbara Blend Fines Index, which were published incorrectly on Tuesday April 6 due to a calculation error.Fastmarkets' daily index for 62% Fe Pilbara Blend Fines Differential (MB-IRO-0076) and 62% Fe Pilbara Blend Fines index (MB-IRO-0114) should have been $-1.16 per tonne and $169.74 per tonne respecti...Read More

- U.S. Gold Corp. intends to drill up to 5,000 feet (approx. 1,500 m) in up to 2 holes as part of ongoing exploration- These holes seek to assess a new target concept below post-mineral cover to the east of Nevada Gold Mines' Gold Quarry mine- Target was developed using structural projections, gravity data and geochemistryELKO, Nev., April 7, 2021 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU),...Read More

China's hot-rolled coil prices rose further to their highest in nearly 13 years on Wednesday April 7, though trading activity weakened amid rising inventory levels, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,550-5,570 yuan ($848-851) per tonne, up 10 yuan per tonneSeveral traders in Shanghai said sellers in the spot market issued high offers in the morning but had to make reducti...Read More

London Metal Exchange three-month lead and zinc prices were on the rise on Wednesday April 7 while copper and nickel prices fell from their closing prices on Tuesday following a spate of buying that pushed most metals' prices up by between 1.5-3%. The LME lead futures price was at $1,980.50 per tonne on Wednesday - its highest in just over a month when the metal closed at $2,051 per tonne on March...Read More

Key data from pricing session in London on Wednesday April 7. Key drivers:  Profit-takers continue to offer below $22 per lb, although deals at higher levels are still achievable.  An absence of Chinese buyers inquiring...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...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...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 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 22.50-23.00 on Wednesday April...Read More

A snap election on April 6 focused on mining, fishing and the environment, saw Greenland's Inuit Ataqatigiit (Community of the People party) secure 37% of the votes, giving it 12 seats in the 31-seat national assembly (Inatsisartut).Inuit Ataqatigiit opposes the development of Greenland Minerals' (US-OTC: GDLNF; ASX: GGG) Kvanefjeld rare earths project, which would produce uranium oxide as a by-pr...Read More

A preliminary economic assessment on Osisko Mining's (TSX: OSK) Windfall project in Quebec's James Bay region outlines a 3,100 tonne-per-day two-ramp underground mine with a process facility that would produce an average of 238,000 gold oz. a year over an 18-year life. The gold development company is targeting first production from the gold deposit by 2024.In its first seven years, Windfall would...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday April 7.Key drivers The titanium markets in Europe were steady over the week, with the Easter holiday quietening trading activity while some market participants, particularly steelmakers, are still absent, trade sources said.More trading activity is due next week after market participants return in full following the holiday break....Read More