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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
·
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
·
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
US revokes Russia’s market economy status; import duties likely to rise
The United States Department of Commerce revoked Russia’s market economy status on Thursday, November 10, which is likely to lead to higher duties on aluminium imported from Russia and could potentially boost US aluminium premiums, sources told Fastmarkets
November 11, 2022
·
By Orla O'Sullivan
Insights
China’s top copper producers call for loosening of scrap import standards
The top 10 copper producers in China are looking to convince the Chinese government to relax copper scrap import standards to improve their secondary production ratio
November 11, 2022
·
By Julian Luk
Insights
US aluminium premiums continue to move higher amid wider global downtrend
Aluminium premiums in Europe and Japan continued to move lower in the week to Tuesday November 8, under pressure from weak consumer demand, while premiums in the United States bucked the downtrend for a second week despite uncertainty over the midterm elections there
November 10, 2022
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By Carrie Bone, Orla O'Sullivan, Imogen Dudman, Jinfan Yang
Insights
Inclusion of indirect emissions in CBAM could jeopardize EU decarbonization ambitions: European Aluminium
Industry association European Aluminium has warned of the negative impact of including indirect emissions in the European Union’s Carbon Border Adjustment Mechanism (CBAM)
November 9, 2022
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By Josh Fulton
Insights
US aluminium scrap imports decline in September vs August
Imports of aluminium scrap into the United States fell by 9.61% month on month in September, with decreases recorded in all import categories, according to the latest data from the US Department of Commerce
November 8, 2022
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By Kirstyn Petras
Insights
Nickel the talk of the town at LME Week 2022
Battery materials, specifically nickel, dominated many conversations during LME Week 2022
November 7, 2022
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By Callum Perry
Insights
Codelco raises 2023 copper premium offer to Chinese clients by 33%, sources
Chilean state-owned copper producer Codelco has made a premium offer of $140 per tonne to Chinese copper market participants for its 2023 copper cathode supply, at least two sources receiving the offer told Fastmarkets on Monday, November 7
November 7, 2022
·
By Sally Zhang
Insights
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