April 23, 2021

Iron ore price up as China steel futures hit new highs

Steel futures in China reached new highs as investors weighed the nation’s commitment to lowering production against its strong demand.

April 23, 2021

FX investors see metals as a way to get in on Biden’s trillions

Currency investors are already picking the winners of the infrastructure spending boom that the plan is likely to unleash.

April 23, 2021

Home: Shanghai aluminum soars as China’s production stalls

Shanghai aluminum prices last week hit their highest since 2010 as the Chinese market gears up for a seasonal demand peak.

April 22, 2021

China steel prices leap to record highs on robust demand, clampdown

Rebar on the Shanghai Futures Exchange is trading near its highest since 2009.

April 22, 2021

Mining M&A deals top $13 billion in Q1— report

Total deal value saw a 8.3% increase over Q1 2020, TD Securities was top adviser by volume, Goldman Sachs and Perella Weinberg Partners by value.

April 22, 2021

Gold price retreats as US jobs data signals recovery

Applications for state unemployment insurance unexpectedly plunged to a fresh pandemic low, new data shows.

April 22, 2021

Aluminum commands record premium in US amid economic recovery

The latest surge is driven by a jump in demand and shipping costs and a tariff holdover from the Trump administration.

April 22, 2021

Canada Nickel consolidates, expands Ontario landholding

Canada Nickel will own six additional properties located near its flagship Crawford property.

April 22, 2021

Record copper scrap flows this year won’t plug deficit

Scrap typically accounts for about a third of global copper supplies at around 30 million tonnes.

April 22, 2021

Russell: Iron ore and China steel output aren’t sticking to the script

The China steel and iron ore market narrative for 2021 was supposed to be pollution-led curbs on steel, coupled with rising iron ore supply. Neither is happening.