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Peru still ‘a good place’ to invest in copper mining, despite concerns over disruption – sources
Recent disruptions to Peruvian mines have raised concerns about social tensions reducing the attractiveness of the industry to investors, but market participants told Fastmarkets that they still rate Peru highly as a copper mining hub
November 23, 2022
·
By Albert MacKenzie
Insights
Codelco to slash copper sales to China by 50% amid production challenges, sources say
Codelco, the world’s biggest copper producer, will halve its refined copper sales to China in 2023, citing major production challenges at its Chuquicamata complex and closure of the Ventanas smelter, both in Chile
November 23, 2022
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By Julian Luk
Insights
Downward trend in European aluminium premiums slows; inquiries pick up
Primary aluminium premiums in Rotterdam stabilized on Friday, November 18 after months of steep declines
November 21, 2022
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Insights
China issues plan for non-ferrous metals industry to comply with peak carbon emissions goals
China laid out a plan on Thursday, November 10 to decarbonize the non-ferrous metals industry, reiterating the energy-intensive sector's need to not exceed peak carbon emissions by 2030 in response to the country’s climate goals
November 18, 2022
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By Yiwen Ju
Insights
Alcoa lobbying US, LME to sanction Russian aluminium
Alcoa has been lobbying the US government to sanction Russian aluminium, the major global and leading US aluminium producer said at a conference in New York on Wednesday November 16
November 18, 2022
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By Orla O'Sullivan
Insights
Slumping freight rates struggle to entice more containerized metal trade
The global trade for metals shipped in containers is being constrained by weak demand despite lower freight costs and higher availability of boxes compared with earlier in the year, sources have told Fastmarkets
November 18, 2022
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By Lee Allen, Jon Stibbs, Claire Patel-Campbell
Insights
8 global scrap metal prices to watch
Fastmarkets experts share a unique visual snapshot of the ever-changing global scrap markets in 8 scrap metal price charts
November 14, 2022
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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
Around the world in eight scrap spreads
Unprecedented scrap market volatility has created widespread uncertainty in global scrap price movements. Fastmarkets experts analyze the eight market-changing events influencing the global scrap markets
November 14, 2022
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By Lee Allen, Cem Turken, Lisa Gordon, Sean Barry, Kirstyn Petras, Jim Lawrence
Insights
LME decides not to ban Russian metal, keeps ‘status quo’
The London Metal Exchange has decided not to ban or otherwise change how it deals with Russian metal, the exchange said on Friday November 11
November 14, 2022
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By Orla O'Sullivan
Insights
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