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Increased metal refining capacity in China and Indonesia has led to a rise in production of Chinese and Indonesian cobalt metal brands.Data gathered from pricing sessions shows an increase in the trading activity of these brands on a spot and forward basis in the in-whs Rotterdam market. This data also shows these brands transacting more […]
The US has the opportunity to be self-reliant on manganese for use in batteries once South32’s Hermosa project is up and running, the president of Hermosa told Fastmarkets.
During the consultation period, Fastmarkets received extensive feedback from all sectors of the European aluminium industry. You can find the original consultation notice here. Fastmarkets will now evaluate the written comments received, before publishing a final decision on the consultation. If you would like to provide price information by becoming a data submitter, please contact Sayaka […]
The rationale was missing the backwardation data on Monday. The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US: “The LME C/3M spread was trading at a $38.37/t backwardation at the time of assessment on Monday, compared to a $23.00/t backwardation on Friday.” The published price is unaffected by this […]
US President Donald Trump has reinstated the full 25% steel tariffs under Section 232. This decisive move aims to curb surging imports and bolster US manufacturing. With exemptions removed and impacts stretching from producers to downstream manufacturers, the global steel industry braces for widespread effects.
The price was initially published as $60-70 per tonne and has since been corrected to $60-68 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The price rationale was correct. For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data […]
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