The London Metal Exchange’s relevance has “arguably never been stronger” despite a challenging year, according to Nicolas Aguzin, chief executive officer of LME's owner Hong Kong Exchanges and Clearing (HKEX)

Scrap metal products were being repurposed as part of the green solution to achieve decarbonization, and some major market participants at the beginning of the recycling chain have been exploring ways to get a slice of the so-called ‘green premium,’ Fastmarkets has heard

Using implied volatility to evaluate price targets

The negotiation season for long-term contracts is well under way in many of the base metal markets, and participants globally have noted that the price volatility seen so far in 2022 and the soaring energy costs in Europe have weighed on consumer sentiment

Premiums for copper cathode imported into China surged during the week to Friday October 14, following the country’s National Day holidays, reaching its highest recorded level since Fastmarkets started tracking the market in 2015

German copper producer Aurubis is implementing a premium of $228 per tonne for 2023 for its European clients, the company said on Thursday October 13 in a memo to customers seen by Fastmarkets

Chilean state-owned copper producer Codelco has made a premium offer in the low- to mid-$230s per tonne to its key European clients for 2023 supply, sources have told Fastmarkets

Sustainable sourcing of metals is one of the most talked about issues for markets in 2022, dominating the discussion at conferences and in many markets entering their annual contract negotiation seasons. Copper is no different

Eagle Metals Inc is looking to diversify its copper and stainless steel supply chains in the face of soaring energy costs and rising demand, which could create supply deficits, according to the specialty reroll mill’s top executive

Base metals prices on the London Metal Exchange were mostly lower during morning trading on Monday September 26, with the strong dollar and demand concerns still weighing on the market