The Coalition of American Metal Manufacturers and Users (Cammu) claims that United States Commerce Secretary Gina Raimondo was mistaken about the success of the Section 232 steel and aluminium tariffs, and reiterated its call for their termination.

Stakeholders from aluminium producers to downstream consumers in Europe have a strong interest in market growth but more comprehensive transparency around various aluminium smelter emissions is needed to sustain that growth, Anne-Claire Lejeune, green and sustainable asset originator at bank Natixis, said in an interview with Fastmarkets.

Three-month base metals prices on the London Metal Exchange were down across the board during morning trading on Tuesday March 16, with tin’s price falling the most to $24,630 per tonne – this after the complex mostly ended in positive territory on Monday.

Base metals prices were mixed this morning, with those on the London Metal Exchange mainly weaker, while prices on the Shanghai Futures Exchange were more mixed this morning, Tuesday March 16, but Asian-Pacific equities were upbeat.

Markets are starting the week mixed with base metals prices and equities in different regions showing divergent performances this morning, Monday March 15.

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday March 12, with prices generally consolidating after recent weakness/consolidation. A lack of follow-through selling suggests underlying sentiment is still bullish.

Economic and policy experts at aluminium, steel and scrap trade associations are hopeful about demand and policy prospects in 2021, but remain wary about potential problems that could still arise from the Covid-19 pandemic.

The three-month nickel price on the London Metal Exchange fell to $15,910 per tonne during morning trading on Tuesday March 9, while the aluminium price slid by 1%, with consolidation mode still in force across the complex as a number of macroeconomic factors affect sentiment.

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Tuesday March 9, with prices generally consolidating after recent weakness, while there are cross currents in the form of bond yields, stimulus and inflation expectations affecting sentiment.

Fastmarkets has corrected its price assessment for the aluminium 6063 extrusion billet premium, in-whs dp Rotterdam, which was published incorrectly on Friday February 26 due to a reporter error.