American Metal Market is part of Fastmarkets

After a consultation, Fastmarkets is increasing the publication frequency of its non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, CIF Shanghai, from once a week to twice a week.

The assessments will consider scrap extrusions, also known as profiles, comprised of 6063 aluminium alloy in two qualities: clean production scrap and post-consumer scrap with maximum impurities of 5% (also known as 95/5). The specifications of the new price assessments will be as follows: Aluminium scrap, clean production extrusions (6063), delivered consumer Europe, € per […]

Nickel and cobalt prices fluctuated through the month, but Fastmarkets’ assessments of battery-grade lithium carbonate spot prices fell for most of August due to poor consumer demand and a severe oversupply of material, sources said. Asia The sharp downtrend in lithium prices observed during the month also led to a decline in the value of […]

New plans to introduce block trades for bilaterally negotiated transactions on the London Metal Exchange are aimed at enhancing liquidity and transparency without harming the exchange’s core physical user base, chief executive officer Matthew Chamberlain told Fastmarkets.

As we approach the end of the first quarter after the termination of the quarterly European ferro-chrome benchmark, Fastmarkets looks at what has happened since the benchmark ended – and what could happen next.

The willingness among steel consumers to pay premiums for ‘green’ products was not enough to offset the extra cost of the technology transition in the short term, according to Dr Karel Eloot, senior partner in the global materials insights department of management consultant McKinsey & Co.