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Sustainability focus continues as LME announces additions to LMEpassport – LME Week
The London Metal Exchange has announced new additions to the LMEpassport which will provide increased transparency on brands using scrap material and broaden disclosure to non-LME brands
October 24, 2022
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Insights
LME decisions not always ‘universally applauded’ but in best interests of market, HKEX: LME Week
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)
October 24, 2022
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Insights
US Department of Energy issues $2.8bln in grants for domestic battery industry
United States President Joe Biden announced on Wednesday, October 19 that the Department of Energy (DoE) will be awarding $2.8 billion in grants from the Bipartisan Infrastructure Law
October 21, 2022
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By Jon Stibbs
Insights
Increasing base-metals price sensitivity emerges as uncertainty weighs on consumers: LME Week
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
October 20, 2022
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By Callum Perry
Insights
Proposal to revamp US nickel scrap prices [update]
Following a consultation period and market feedback, Fastmarkets will proceed with a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.
October 19, 2022
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By Sean Barry
Insights
Increase in frequency of Fastmarkets’ nickel sulfate price assessments cif China, Japan, Korea
Fastmarkets is increasing the frequency of its nickel sulfate price assessments, cif China, Japan and Korea, to weekly from monthly, with the first weekly price assessments to be published on Friday October 21.
October 17, 2022
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By Juliet Walsh
Insights
GM to collaborate with Queensland Pacific Metals for nickel and cobalt supply
United States automotive firm General Motors (GM) announced it has entered a collaboration agreement with Australia-based miner Queensland Pacific Metals (QPM) for nickel and cobalt sulfate supply
October 12, 2022
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By Callum Perry
Insights
Eagle Metals forced to diversify copper, stainless suppliers
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
September 26, 2022
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By Grace Asenov
Insights
LME base metals remain under pressure from strong dollar, demand worries
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
September 26, 2022
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Insights
Metals companies call on EU leaders for emergency action on energy prices
The heads of 40 metals companies and a number of industry associations have called on European Union leaders to take emergency action to temporarily reduce gas prices in order to alleviate costs and help continued production at their sites
September 7, 2022
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By Andrea Hotter
Insights
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