The build-up of Shanghai bonded copper stocks continued in April, albeit at a slower pace, with restrictions to prevent the spread of Covid-19 disrupting logistics, particularly earlier in the month

Allegheny Technologies Inc (ATI) has taken “decisive procurement actions to create a near-term price-protected nickel safety stock,” company chairman, president and chief executive officer Robert Wetherbee said in a conference call on Wednesday May 4.

Hotter on metals

Fastmarkets is inviting feedback from the industry on the pricing methodology for its assessment of the price of nickel sulfate ex-works mainland China, as part of a methodology review process to meet the International Organization of Securities Commissions (IOSCO) principles.

A summary of what happened to nickel trading in March and the impact this had on the publication and display of the LME nickel data on the Fastmarkets platform

10 factors that could put the brakes on electric vehicle growth

Latest analysis for aluminium, copper, lead, nickel, tin and zinc from our team of base metals experts

Nickel prices on the London Metal Exchange had fallen by 4% at the 5pm close of trading on Friday March 25, after another week of disruptions.

The Fastmarkets LME Nickel March Average has been skewed by the suspension of the market followed by the disrupted Officials published for the 8-21st March and the 23rd March. Please see the LME Notice 22/064 Nickel Market Update Resumption of Trading, paragraph 24 in regard to Averages methodology in the event of a disrupted Official. […]

North American Stainless (NAS) will define the nickel portion of the April 2022 surcharge for its stainless products using only London Metal Exchange official closing prices from February 21-March 18, the company said on Friday, March 18, noting that days that included disruption events will be omitted.