The China Iron & Steel Association (Cisa) has said that iron ore indices should be based on “real market transactions rather than being influenced by futures and swaps curves.”
Physical trading for copper in China has ground to a halt after the tumbling copper price on the Shanghai Futures Exchange (SHFE) startled the market, Fastmarkets heard.
Prices in Southeast Asia’s steel billet market were unchanged despite a slump in emerging market currencies following investors’ preference for haven assets in uncertain economic conditions, Fastmarkets heard.
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A round-up of the London Metal Exchange three-month base metals price movements following the outbreak and subsequent spread of the novel coronavirus (2019-nCoV).
Here are five Fastmarkets stories you might have missed on Monday March 16 that are worth another look.
Domestic prices for hot-rolled coil in Northern Europe have decreased over the past week due to uncertainty over the novel coronavirus (2019-nCoV) and more competitive import offers.
Chinese hot-rolled coil exporters expressed growing concern over thin trading caused by the global spread of the novel coronavirus (2019-nCoV) on Thursday March 12, despite improved control of the outbreak...
Market sentiment in the Chinese domestic rebar market was optimistic on Thursday March 12 after the National Health Commission (NHC) announced the peak of the novel coronavirus (2019-nCoV) in China...
The continued spread of the novel coronavirus (2019-nCoV) worldwide has weighed on China’s tungsten market in the week to Wednesday March 11, sources told Fastmarkets.
The publication of Fastmarkets China Domestic Coking Coal price estimate for Monday March 9 was delayed due to an administrative error.
