Fastmarkets has decided to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China because the price is not a key price benchmark.

A domestic price mechanism for lithium in the US is essential to bring transparency to the industry in order to successfully secure supply of the critical mineral, Graham Harris, chairman and director at Surge Battery Metals, told Fastmarkets in an interview.

Fastmarkets proposes to amend the specifications of its MB-LI-0012 spodumene min 6% Li2O, spot price, cif China, $/tonne and its MB-LI-0043 spodumene min 6% Li2O, contract price, cif China, $/tonne to amend the minimum lithium content and tonnage for the assessments.

The UK government’s first release of provisional biofuel data for the calendar year to the end of July 2024, published on Wednesday August 14, reveals a notable decline in renewable fuel activity compared with the same period last year.

French soft wheat conditions declined by 1 percentage point in the week to August 12, according to a weekly report released by farm agency FranceAgriMer on Friday August 16.

Fastmarkets will amend its MB-NI-0246 nickel sulfate, cif Japan and Korea, $/tonne and its MB-NI-0247 nickel sulfate premium, cif Japan and Korea, $/tonne price assessments from a single price to a range as of the assessment on Friday August 23.

A $3 billion deal between BHP and Lundin Mining is the first concrete sign that Argentina’s new president, Javier Milei, can persuade international investors to build copper mines in the country.

Fastmarkets launched price assessments for AG-RSD-0005 rapeseed cpt crush plant and AG-RSD-0006 rapeseed cpt POC on Monday August 19, 2024.

Several Chinese lithium producers are considering production cuts or complete suspension to mitigate losses from high costs amid the ongoing lithium price decline and muted demand, sources told Fastmarkets.

Fastmarkets analysts expect aluminium demand from European carmakers to slow this year, as consumer sentiment remains pessimistic and cautious