The rationale was missing the backwardation data on Monday. The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US: “The LME C/3M spread was trading at a $38.37/t backwardation at the time of assessment on Monday, compared to a $23.00/t backwardation on Friday.” The published price is unaffected by this […]

The price was initially published as $60-70 per tonne and has since been corrected to $60-68 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The price rationale was correct. For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data […]

Copper smelters struggling with record low treatment and refining charges (TCs/RCs) won’t be able to look to the Cobre Panama mine to ease market tightness any time soon.

Robert Yildirim aims to make CoreX a top 50 mining giant, expanding in nickel, chrome and renewables.

Fastmarkets has amended the name of the price assessment for nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China. The name of the price has been shortened to nickel ore with 1.8% nickel content, cif China to enhance its readability and alignment with other Fastmarkets nickel ore […]

After a month-long consultation period, Fastmarkets has discontinued this price due to low market liquidity. All short-term forecasts associated with this price (or these prices) produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Natasha Porter by email at: pricing@fastmarkets.com. Please […]

The amendment to the name of the price assessment for nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China has been delayed following a reporter error. Fastmarkets decided to amend the name of the price assessment, shortening it to nickel ore with 1.8% nickel content, following a […]

Navigating LME nickel: A cautious optimism amid bearish sentiment

Aluminium demand in India is set to continue its sharp growth over the next three years, fueled by an expanding automotive sector in the South Asian country, Fastmarkets heard at the Material Recycling Association of India (MRAI) international conference held in Jaipur on January 28-30.

Over a decade since its first attempt, Glencore appears to have taken another tilt at Rio Tinto.