FastMarkets

MORNING VIEW: LME base metals run into dip buying after recent weakness

Rebounds were under way in the base metals complex in London this morning, Friday June 18, while in Shanghai the base metals mostly reflected the weakness seen on the London...

PRICING NOTICE: Launch of No1 copper material discount assessment

Fastmarkets will launch a monthly assessment of the discount for No1 copper material, candy/berry, on a cif China basis on June 28.

ENERGY TRANSITION: Solar power capacity growth requires guaranteed supply of minerals and metals

Enabling large-scale expansion of solar power production capacity is a crucial part of the transition to a sustainable future for energy, but its prospects of growth rest on the current...

MSC confirms suspension of tin smelting operations in Malaysia until June 28

Tin smelting operations at the Malaysian Smelting Co (MSC) will be suspended until June 28, the company confirmed this week, after the country's Covid-19 lockdown was extended again.

Rusal to use funds from Nornickel share buyback to upgrade, expand aluminium operations

Russian aluminium producer Rusal is to invest in the expansion and upgrading of its aluminium operations using capital raised through Nornickel's proposed share buyback scheme, the company said on Tuesday...

Metal markets predict auto demand recovery in second half of 2021

Many aluminium and steel market participants are increasingly optimistic that automotive production will bounce back in the second half of the year and hopeful that the semiconductor chip shortage will...

MORNING VIEW: LME metals mixed in quiet trade with China on holiday

Metals continue to languish in high ground during morning trading on Monday June 14, with tin being the exception as it continues to push higher on strong fundamentals due to...

PRICING NOTICE: Widening of delivery window for European aluminium billet premiums

Fastmarkets is extending the delivery window for its price assessments of aluminium 6063 extrusion billet premiums in Europe to three months.

PRICING NOTICE: Amendment to frequency of Italy SHG zinc premium assessments

After a one-month consultation period, Fastmarkets has amended the timing specifications for its assessment of Italian SHG (special high grade) zinc premiums.

MORNING VIEW: Underlying support in base metals continues to look robust

LME base metals have looked tired, having lost their upward momentum in the past few days, but underlying support looks plentiful, with all the base metals on the SHFE being...