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.

Chinese cobalt refiners are preparing to use cobalt metal as feedstock for sulfate and tetroxide production, as tightening supply and price rallies on cobalt hydroxide from the Democratic Republic of Congo (DRC) have made smelters look for alternatives, market sources told Fastmarkets.

US and European wheat futures declined on Friday September 26 on expectations of ample global supplies as the Northern Hemisphere harvest nears its end, and on the prospects of healthy harvests in Southern Hemisphere producers Australia and Argentina.

Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

Fastmarkets’ pricing database has been updated. The affected prices were:MB-STE-0416 Steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, $ per tonneMB-STE-0417 Steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, $ per tonneMB-STE-0894 Steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonneMB-STE-0100 Steel scrap, HMS 1&2 (80:20 […]

These monthly prices were published on September 11 and have now been cancelled. Fastmarkets’ pricing database has been updated to reflect this change. The next publication will be on October 2, when the market will be assessed as normal. Fastmarkets’ pricing database has been updated to reflect this change. The following prices were published early:MB-ZIR-0014 Zircon, […]

Fastmarkets proposes to include additional EU Carbon Border Adjustment Mechanism (CBAM) costs in its benchmark aluminium P1020A premium fca dp premium assessments for Italy (MB-AL-0316), and Spain (MB-AL-0319) from January 1, 2026, when the definitive period of the EU’s CBAM is set to begin. The MB-AL-0316 aluminium P1020A premium fca dp Italy and MB-AL-0319 aluminium P1020A premium fca dp […]

Learn how Canada is helping its softwood lumber industry with substantial financial support during tough economic times.

Geology not ideology: Why collaboration is key in the critical minerals supply chain