Iron ore prices fell sharply on Friday May 14 amid concerns over weakened steel demand, sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $208.79 per tonne, down by $28.78 per tonne62% Fe low-alumina fines, cfr Qingdao: $211.19 per tonne, down by $28.81 per tonne58% Fe fines high-grade premium, cfr Qingdao: $179.29 per tonne, down by $27.93 per tonne65% Fe Brazil-origin fines, cf...Read More

Base metals, with the exception of tin and zinc, registered an increase in inventories at Shanghai Futures Exchange-registered warehouses during the week to Friday May 14, with lead up the most in percentage terms, at 22%.Lead stocks totaled 77,220 tonnes on Friday, up by 13,899 tonnes from 63,321 tonnes a week ago. The largest inflow was at Zhejiang Tianchuan warehouse, Zhejiang province, where v...Read More

Seaborne coking coal prices surged up in both the cfr and fob markets on Friday May 14 due to increased buying interest and positive market sentiment in both markets. Prices for seaborne pulverized coal injection (PCI) material continued to increase in the cfr market in the week to May 14, due to persistent supply tightness and relatively good demand, but remained largely stable in the fob market...Read More

China's domestic rebar prices tumbled further on Friday May 14 amid falling futures and weaker demand, shedding some of Monday's big gains. Prices in eastern China ended the week 350-360 yuan per tonne higher while those in the north are up by 630-640 yuan per tonne week on week.DomesticEastern China (Shanghai): 5,780-5,800 yuan ($896-900) per tonne, down by 120-130 yuan per tonneNorthern China (B...Read More

Copper dipped to its lowest price in a week during morning trading on Friday May 14, with aluminium also continuing to soften, while a slowdown in China's economic stimulus has dampened the bullish sentiment seen earlier in the week.The three-month copper price was at $10,245 per tonne at 9am on Friday, down from $10,342 per tonne at the close on Thursday. After hitting an all-time high of $10,767...Read More

Base metals prices on both the LME and SHFE were mainly weaker this morning, Friday May 14, and seem to have got some downward momentum, even though broader markets have seen a buy-the-dip mentality emerge.Asia-Pacific equities rebounded on Friday US treasury yields eased as United States Federal Reserve officials stuck to their view that inflationary pressures will be transitoryMetals could final...Read More

China's alumina prices increased this week in a more bullish market following the strong showing for aluminium on the Shanghai Futures Exchange.Fastmarkets' weekly price assessment for alumina metallurgical grade, exw China was 2,360-2,370 yuan ($366-367) per tonne on Thursday, up 10-20 yuan per tonne from 2,340-2,360 yuan last week."The aluminium price was...Read More

An overview of the aerospace materials markets and the latest price moves.Read More

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

Key data from Fastmarkets' pricing session in China on Friday May 14.Key drivers The China manganese flake export price edged higher on active deals and inquiries.  The price move followed...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...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.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....Read More

Key data from Fastmarkets' Friday May 14 pricing sessions in China, India, the United States and Europe.China Seaborne low-grade manganese ore prices continued to rise after suppliers successfully concluded sales at higher prices amid strong buying interest. Buyers said they had expected a price uptick due to rising production costs caused by the appreciation of the South African rand and expensiv...Read More

Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world's energy systems is also used in heating, cooling, electronics, power generation and transmission, automotive applications and has antimicrobial abilities.Demand from the green energy transition has sparked a rally on copper markets. The world's top 10 biggest copper mines...Read More

The demand for improved environmental and social governance (ESG) continues to intensify. Of the many issues that ESG covers, it is carbon emissions that are receiving the most attention due to the fight to prevent further climate change. For miners, this same issue happens to be the most problematic.Investors with deep pockets and major market influence are pushing for miners to adopt aggressiv...Read More

Marathon Gold (TSX: MOZ) is raising $50 million (US$41.27 million) in a private placement to support exploration and development activities at its Valentine gold project in Newfoundland.A single institutional investor, Pierre Lassonde and Trinity Capital Partners Corporation and Affiliates, participated in the offering, Marathon said. The financing consists of 14,285,714 common shares priced at...Read More

China, the country leading global sales of new energy vehicles (NEVs), not only will maintain its market position accounting for half of all expected global NEV during the next decade, but it may also make a grand entrance into western markets. This is according to London-based market analyst CRU, whose recent EV report states that local sales will be driven in part by government policy - such as...Read More

Iamgold (TSX: IMG, NYSE: IAG) has confirmed it will resume operations at its Westwood underground mine in southwestern Qu?(C)bec in the second half of the year.The gold mine has been halted since late October, which forced Iamgold to lay off 437 workers or 70% of its underground staff following a seismic event at the operation.The mill restarted in November, processing stockpile and Grand Duc sat...Read More