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Korea Zinc-Trafigura all-in-one nickel refinery to expand East Asian MHP supply
Zinc producer Korea Zinc has entered into a $140 million investment agreement with Trafigura to build an “all-in-one” nickel refinery, it said on Friday November 17
November 21, 2023
·
By Laura Roberts
Insights
What’s ahead for base metals prices?
Aluminium price on China’s economy Range-trading has characterized the LME aluminium price as the decline since the start of October attempts to stabilize. At the beginning of the year, market participants had overestimated China’s ability to stimulate its way out of the Covid-lockdown era, putting too much emphasis on a fast and robust recovery. However, as China’s economic […]
November 8, 2023
·
By the Fastmarkets team
Insights
Early publication of Fastmarkets SHG zinc US premium
Fastmarkets’ special high grade zinc premium, delivered domestic US, US cents per lb, was published earlier than scheduled on Tuesday October 31 due to an error.
October 31, 2023
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By Amy Hinton
Insights
LME trialing VWAP expansion ahead of January launch, CEO says: LME Week | Hotter Commodities
The London Metal Exchange (LME) is trialing the expansion of its closing price methodology across five of its base metals contracts ahead of launching next year, the exchange’s chief executive officer told Fastmarkets
October 9, 2023
·
By Andrea Hotter
Insights
Volcan suspends work at Islay mine in Peru on falling zinc price
Peruvian zinc-lead miner Volcan has suspended operations at its Islay mine since mid-July, mainly due to the weakening of the zinc price that has eroded mining margins, Fastmarkets has learned from industry sources
August 17, 2023
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By Shiyue Zhao
Insights
Correction to zinc Southeast Asia premiums
Fastmarkets has removed the premiums for zinc Southeast Asia which were published in error on Tuesday August 15.
August 15, 2023
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By Juliet Walsh
Insights
US nonferrous scrap exports rise October vs September
Nonferrous scrap export volumes from the United States rose in October, with decreases in used beverage cans (UBCs), nickel and zinc scrap being offset by increases in aluminium, copper and lead scrap, according to the latest data from the US Department of Commerce. In year-to-date comparisons, however, only exports of aluminium scrap declined
December 20, 2022
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By Kirstyn Petras
Insights
Befesa produces SHG solely from recycled zinc; to reach capacity in 2023
Luxembourg-based recycler Befesa’s facility in Mooresboro, North Carolina, is the first in the world to manufacture special high-grade (SHG) zinc solely from recycled zinc
November 25, 2022
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By Yasemin Esmen
Insights
LME nickel price soars, narrowly avoids ‘disruption event’ as base metals futures mostly rise
Base metals futures on the London Metal Exchange gave an overall positive performance during the morning trading session on Monday November 14, with the metals mostly continuing their upward trajectory from the previous week
November 14, 2022
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By Callum Perry
Insights
Possible change in China’s zero-Covid policy drives base metals prices up; nickel up 8.2%
Three-month prices for base metals on the London Metal Exchange all rose at the 5pm close of trading on Tuesday November 1, with nickel’s price increasing by 8.2%
November 1, 2022
·
By Albert MacKenzie
Insights
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