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Base metal futures on the London Metal Exchange bar aluminium were down on Monday, October 31, the first full day of trading following LME Week
Imports of Russian steel into the United States have dropped precipitously this year, negating the need for a formal ban similar to the one reportedly being considered for aluminium
The Chinese government plans to lower the import thresholds for impurities contained in metals concentrates, indicating that the old standards are no longer practical, sources have told Fastmarkets
The benchmark US Midwest aluminium premium was steady on Friday, October 28 for the first time since the beginning of September, prompting some sources to say the premium has reached a bottom
The publication of Fastmarkets’ weekly CIS and European pig iron price assessments for Thursday October 27 were delayed because of an error
The CME Group has tripled the volumes traded on its physically delivered global aluminium futures contract since the first quarter of 2022 – reaching a single-day high of 7,929 contracts on October 5, with a daily average of about 3,000 contracts so far this month and open interest at a record 1,411 contracts on October 19
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