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Amendment to aluminium P1020A MJP quarterly premium methodology
Fastmarkets has amended its aluminium P1020A (MJP) quarterly premium assessment methodology.
February 17, 2023
·
Insights
Glencore’s coalface challenge | Hotter on metals
Glencore’s new chief executive officer Gary Nagle is learning a key management lesson the hard way, namely: “You can't please all of the people all of the time
February 17, 2023
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By Andrea Hotter
Insights
Trafigura faces alleged nickel swindle | Hotter on metals
Global commodities trader Trafigura is suing Indian businessman Prateek Gupta and companies connected with him after discovering an allegedly elaborate scheme of nickel fraud
February 16, 2023
·
By Andrea Hotter
Insights
Nickel market reacts to Trafigura’s ‘shocking’ fraud allegations
Nickel market participants around the world reacted with alarm to the allegations of “systematic fraud” raised by global commodity trading house Trafigura that could result in losses of up to $577 million
February 13, 2023
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By Callum Perry
Insights
India’s ambitious green steel goals depend on challenge of scrap supply
India has tough targets when it comes to increasing the volume of steel scrap being consumed by the country’s steel sector, but to reach its targets it will have to consider the supplies of such material that are available to Indian mills, an industry conference has heard
February 13, 2023
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By Lee Allen, Min Li
Insights
Getting nickel going again | Hotter on metals
There’s widespread agreement that the London Metal Exchange nickel contract is broken, but little consensus on how to get it going again.
February 10, 2023
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By Andrea Hotter
Insights
More than 100,000 tonnes of aluminium delivered into Gwyangyang LME warehouses
More than 100,000 tonnes of aluminium were delivered into London Metal Exchange warehouses in Gwyangyang, South Korea, on the morning of Wednesday February 8
February 8, 2023
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By Carrie Bone
Insights
European refined copper premiums still adjusting to recent rises; China premiums under pressure
European copper premiums continued to respond to the unprecedented increase in long-term contract levels in the week to Tuesday February 7, while those in China faced downward pressure due to limited buying and there was no movement in the US
February 8, 2023
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By Sally Zhang, Yasemin Esmen, Albert MacKenzie
Insights
GM deal the poster child for the US’ Inflation Reduction Act | Hotter on metals
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
February 1, 2023
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By Andrea Hotter
Insights
Tight supply, robust demand for high-purity aluminium keeps differential high
The current shortage of some higher purity grades of aluminium, such as P0610, and the robust demand for units should maintain the higher differential to prices for P1020-grade aluminium, market sources told Fastmarkets on Monday January 30
February 1, 2023
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By Carrie Bone, Imogen Dudman
Insights
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