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A Bangladeshi buyer has paid a large premium to secure a ferrous scrap cargo from the US West Coast, with a slew of post-earthquake cargo deals made to Turkey at higher prices and domestic tightness also boosting the market
The UK’s Financial Conduct Authority (FCA) has opened an enforcement investigation into the London Metal Exchange’s “conduct, systems and controls” related to nickel futures trading
March ferrous market poised for staunch increase
Almost a year after the London Metal Exchange temporarily suspended trading in its nickel contract, it has become the subject of the first enforcement investigation of a UK exchange by its regulator
Fastmarkets is inviting feedback from the industry on the pricing methodology for its steel billet import, cfr Manila, $/tonne, assessment, as part of its announced annual methodology review process.
A sharp contango developed in London Metal Exchange aluminium prices on Friday February 24 — the only price reaction so far to US tariffs on Russian aluminium that are far wider in scope than before
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