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MORNING VIEW: Base metals consolidating after three-day rebound
Consolidation has set in across the base metals on the London Metal Exchange this morning, Thursday June 24, while in Shanghai, moves were mixed in response to the combination of yesterday’s strength and this morning’s weakness on the LME.
June 24, 2021
·
By William Adams
Insights
MORNING VIEW: Rebound in base metals continues after last week’s pullback
Rebounds were under way in the base metals in London and Shanghai this morning, Wednesday June 23, but we will have to wait to see how the metals react to today’s manufacturing purchasing managers index (PMI) data.
June 23, 2021
·
By William Adams
Insights
FOCUS: Battle begins to recycle millions of EV batteries
Work is under way in Fredrikstad, Norway, to build a plant that will be key to electric vehicle (EV) transportation in Europe.
June 21, 2021
·
Insights
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 Metal Exchange on Thursday.
June 18, 2021
·
By William Adams
Insights
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.
June 17, 2021
·
By Julian Luk
Insights
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 and future availability of key minerals and metals.
June 17, 2021
·
By the Fastmarkets team
Insights
Can copper’s price rally last?
Copper prices have rocketed over the past year, but Myra Pinkham asks market analysts whether present drivers will continue to support them in the longer term.
June 14, 2021
·
Insights
FOCUS: Construction sector sounds alarm on surging long steel prices
With long steel prices in Europe reaching historically high levels, construction activity is slowing in some regions due to reduced supplies and delays, with some market sources fearing a decline in industrial activity long term.
June 14, 2021
·
By Carrie Bone
Insights
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 supply disruptions.
June 14, 2021
·
By William Adams
Insights
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 in positive territory this morning, Wednesday June 9.
June 9, 2021
·
By William Adams
Insights
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