Copper concentrate treatment and refining charges (TC/RCs) continued to drop toward the end of January as smelters cover cargoes that look to be delayed from Chile and Peru.What you need to know China smelters covering short positions exacerbated by Chile, Peru delays High sea swells are preventing cargoes from leaving some ports in Chile Las Bambas shipments have started to resume A...Read More

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

Monica KingsleyPosted Jan 30, 2021Yesterday‘s recovery ended on a weak note as stock bulls gave up the opening gap. Disappointing in the very short run, especially given that other key markets acted likewise weak. Neither corporate bonds, nor gold, nor oil could get their act together, and are hanging in the balance. Inviting the bears to probe the defences, how far south will they be able t...Read More

Tin's forward price rose by 1.5% in the week ended Friday January 29, while the rest of the base-metals complex on the London Metal Exchange, nickel and zinc in particular, showed lower prices than on Monday.This was blamed on several macro-economic factors turning sentiment downward for metals."With the exception of tin, across the board the base metal suite has come under pressure this week," St...Read More

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

Adam HamiltonArchivesJan 29, 2021 The major gold miners' upcoming earnings season should prove amazing. They enjoyed some of the highest prevailing gold prices ever witnessed last quarter, which sure ought to fuel massive earnings growth. Especially if their output levels and production costs stayed fairly stable, which is likely based on precedent. Incredibly-strong fundamentals should attract mo...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday January 29.China Sentiment among buyers has been dampened by falling silico-manganese futures prices and a smaller-than-expected increase in Hebei Iron & Steel's February purchase price for alloy, accompanied by a reduction in the tonnage the mill plans to procure.The portside market r...Read More

Copper concentrate treatment and refining charges (TC/RCs) continued to drop toward the end of January as smelters cover cargoes that look to be delayed from Chile and Peru.What you need to know China smelters covering short positions exacerbated by Chile, Peru delays High sea swells are preventing cargoes from leaving some ports in Chile Las Bambas shipments have started to resume A...Read More

Key data from Fastmarkets' pricing sessions in the week to Friday January 29 in China, Europe and the United States.China Spot ferro-silicon prices narrowed upward by 200-300 yuan ($31-46) per tonne amid little liquidity due to a supply shortage, while sentiment strengthened after many mills raised their tender prices for February-delivery ferro-silicon. Hesteel, China's second-largest steel mill,...Read More

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

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

Global ferrous scrap prices have yet to hit the buffers in their downward plunge. Buyers in Asia were holding back from purchases in the week ended Friday January 29, swooping in only for low-priced cargoes, but demand from China could support prices in the near term.Turkey re-enters spot marketBearish sentiment in US on lower transaction pricesTaiwan market in rapid descentCovid-19 in Vietnam dam...Read More

Turkish steel producers skipped deep-sea purchases on the last working day of the week, with sentiment still negative due to limited demand for rebar and steel billet, sources said on Friday January 29.The most recent deals were heard late on Wednesday January 27, when two US cargoes were booked, bringing the week's total to three. A steel mill in the Iskenderun region booked a cargo from the...Read More

The price range for UK-origin light iron has dropped ?5 ($5.65) per tonne in the week ending Friday January 29 after a fall in European deep-sea export markets to traditional buyers in Turkey in the past couple of weeks weighed on British scrap prices, trade sources said. Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was ?130-145...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part weaker this morning, Friday January 29, with aluminium bucking the trend on both exchanges and March tin on the SHFE also higher. Asian-Pacific equities and major western pre-market equity index futures were weaker this morningOverall the base metals are looking heavyBase metals Three-month alumini...Read More

The rally in China's domestic lithium prices continued to influence markets in the rest of Asia in the week to Thursday January 28, but trading has thinned in the run-up to the Lunar New Year holiday in mid-February. China's battery-grade lithium prices rose again due to limited spot availability and because some producers had stopped offering ahead of Chinese New Year. Asian battery-grade lithium...Read More

Ionic Rare Earths Limited (ASX: IXR) currently owns 51% (earning up to a minimum of 60%) of the Makuutu Rare Earths Project, located 120 km east of Kampala in Uganda. The deposit stretches 37 km in length and has demonstrated potential for a long life, low-cost capital intensity source of critical and heavy rare earths. We learned from Tim Harrison, Managing Director of Ionic Rare Earths that they...Read More

Torio Mining executives, Trip Lea: (Co-Founder, Co-Chairman), Andre Vienna (Co-Founder, COO) and Rene Romer (Capital Markets and Merchant Banking Advisor to Torio), lay out their portfolio and plans. The Company's mining rights, and operating mine are located in the northern part of the State of Mato Grosso, in Brazil, right in the heart of the Alta Floresta Gold Belt, which is well-known in Brazi...Read More

"As the present now / Will later be past / The order is rapidly fadin'. / And the first one now will later be last / For the times they are a-changin'."- Bob DylanA line's been drawn in the sand...On one side stand the people of Main Street, led by a merry band of Reddit traders. On the other side stands the silk suit and martini lunch crowd known as Wall Street. And Main Street just dealt Wall...Read More

South America's import prices for flat-rolled steel were mostly down during the week ended Friday January 29, with China-origin material offered at lower levels for April shipment.Some customers, on the other hand, had concerns that their previous expectations of a steeper downtrend after the Chinese New Year holiday period would not materialize due to high raw material costs and potential output...Read More