HRC price in US steady at around $55/cwt
Hot-rolled coil prices in the United States were largely steady at the start of the week, although some are questioning when the recent run in the market might end.
Guest Blogs
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Steel applauds US President Biden's 'Buy America' order
Steelmakers in the United States and the United Steelworkers union applauded President Joe Biden’s plan to sign an executive order intended to strengthen “Buy America” laws.
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Trade log: US HRC – January 19-22, 2021
Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.
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LME sets launch date for lithium futures contract settled against Fastmarkets price
The London Metal Exchange will launch its new cash-settled lithium futures contract on June 14, 2021, settled against Fastmarkets’ price assessment for lithium hydroxide monohydrate.
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Lithium miner SQM to raise $1.1bln to fund production expansion plan
Chilean lithium producer Sociedad Quimica y Minera (SQM) shareholders have approved a plan to raise $1.1 billion through the sale of common stocks, the company said on Friday January 22...
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MORNING VIEW: Base metals prices mainly upbeat as dips continue to be bought
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part firmer on Monday January 25, after having dipped on Friday – optimism over...
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US hot-rolled coil index edges lower; tightness continues
Hot-rolled coil prices in the United States again edged lower, even as buyers have continued to struggle to find spot tonnage at the domestic mills.
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COBALT FUTURES SNAPSHOT: CME traded volumes exceed 100 lots
Latest analysis from recent activity on the CME’s cobalt metal futures contract, cash-settled against Fastmarkets’ price assessment for cobalt standard grade, in-whs Rotterdam.
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Landmark import scrap cargo held up by delays at Chinese port
The first delivery of imported scrap to arrive in China since last month’s relaxation of import restrictions has been held up by delays at the port, market sources told Fastmarkets...
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GLOBAL LITHIUM WRAP: Chinese carbonate tightness supports first Asian seaborne market move in 18 ...
Tightness in the Chinese domestic battery grade lithium compound market drove further price upswings and supported a similar move up in the Asian seaborne lithium carbonate market in the week...