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Proposal to amend aluminium P1020A methodology for Europe, US, Japan
Fastmarkets proposes to amend its IOSCO-accredited aluminium P1020A premium methodology to allow for flexibility on the underlying futures price used.
March 7, 2023
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By Juliet Walsh
Insights
Do OEM offtakes need careful structuring? Voltaire Minerals’ Brocas thinks so | Hotter Commodities
Original equipment manufacturers (OEMs) have been buying equity in miners to secure access to battery raw materials, but David Brocas, co-founder and managing partner of Voltaire Minerals Partners, contends that the offtake agreements may not be in the best interest of miners unless carefully structured
March 7, 2023
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By Andrea Hotter
Insights
US West Coast scrap export prices rise in the wake of higher Turkey sales
A Bangladeshi buyer has paid a large premium to secure a ferrous scrap cargo from the US West Coast, with a slew of post-earthquake cargo deals made to Turkey at higher prices and domestic tightness also boosting the market
March 6, 2023
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By Amy Hinton
Insights
UK Financial Conduct Authority opens investigation into LME’s March 2022 suspension of nickel futures
The UK's Financial Conduct Authority (FCA) has opened an enforcement investigation into the London Metal Exchange’s “conduct, systems and controls” related to nickel futures trading
March 6, 2023
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By Yiwen Ju
Insights
Provenance a problem for US tariff on Russian aluminium
The US intends to impose a 200% tariff on imports of Russia-origin aluminium, as well as derivative products containing it
March 6, 2023
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By Andrea Hotter
Insights
US Scrap Trends Outlook: March
March ferrous market poised for staunch increase
March 6, 2023
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By Sean Barry
Insights
UK regulator FCA steps up its nickel investigation
Almost a year after the London Metal Exchange temporarily suspended trading in its nickel contract, it has become the subject of the first enforcement investigation of a UK exchange by its regulator
March 6, 2023
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By Andrea Hotter
Insights
Ukraine’s weekly grain exports increase to 1.3 million tonnes
The country's grain shipments gain pace despite delayed Black Sea ports inspections
March 6, 2023
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By Yana Suharskaya
Insights
Open consultation on methodology for Woodfiber & Biomass Markets – final decision
BELLINGHAM, WA, Feb 22, 2023 – Fastmarkets RISI invited feedback from the industry on the pricing methodology for Woodfiber & Biomass Markets, via an open consultation process between Dec. 16, 2022, and Feb. 13, 2023. This consultation was done as part of our published annual methodology review process. Minimal feedback was received during the consultation period […]
March 6, 2023
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Insights
Broadened US tariff on Russia aluminium triggers LME contango jump: sources
A sharp contango developed in London Metal Exchange aluminium prices on Friday February 24 — the only price reaction so far to US tariffs on Russian aluminium that are far wider in scope than before
March 3, 2023
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By Orla O'Sullivan
Insights
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