Fastmarkets will discontinue its assessment of the MB-CU-0410 copper rod premium, ddp Midwest US, US cents per lb, from November 6. After a consultation period, which ended on Wednesday October 8, Fastmarkets will discontinue the premium due to low market liquidity and a lack of demand. Fastmarkets received only neutral or indifferent feedback during the consultation […]

Major Indian secondary lead manufacturer Pondy Oxides & Chemicals Limited (POCL) has reaffirmed its commitment to the green transition by making a strategic investment in US-headquartered ACE Green Recycling.

Due to “a lapse in federal funding,” US Census Bureau trade data will not be updated until after the government shutdown is resolved, the US Census Bureau website said on Tuesday October 7. Fastmarkets typically publishes ferrous, non-ferrous scrap and raw material data after it is released, within the first 10 days of each calendar […]

Stay updated with our latest veg oils price commentary. Crude palm oil (CPO) futures traded in both directions on Friday October 3 before halting its two-day positive streak to end lower amid pre-weekend positioning and as palm tracked similar movements recorded in related soybean oil futures on the Chicago Mercantile Exchange.

India has bought large amounts of soyoil from Argentina during the three days in which Argentina's export tax on several agricultural products was suspended, with soyoil prices plummeting by more than $50 per tonne on a CFR West Coast India basis since the suspension was announced.

The publication of several Fastmarkets copper concentrates indices and coefficients was delayed by 53 minutes on Friday October 3 because of a reporter error. Fastmarkets’ pricing database has been updated. The affected prices were:MB-CU-0508 Copper concentrates TC implied smelters purchase, $/tonneMB-CU-0509 Copper concentrates TC implied traders purchase, $/tonneMB-CU-0510 Copper concentrates RC implied smelters purchase, US cents per lbMB-CU-0511 Copper […]

Fastmarkets proposes to launch a price index for West Coast steel hot-rolled coil, following ample feedback from the market suggesting we could provide additional clarity to the steel market with prices focused in that region. The hot-rolled coil market dynamics in the West Coast region are unique compared with those in the Midwest and South […]

The publication of the affected prices was delayed for 58 minutes. The following indices were published late:MB-MNO-0001 Manganese ore high grade index, cif Tianjin, $ per dmtuMB-MNO-0002 Manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, $/dmtuMB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $/dmtu These prices are a part of the Fastmarkets Ores & […]

Vitol is expanding its presence in copper trading with senior hires and a cautious, long-term strategy. The move highlights the growing role of metals in energy traders’ portfolios as markets shift post-Ukraine conflict.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey.