Global primary aluminium premiums were mixed during the week to Tuesday February 7, mostly affected by weak spot demand and low activity in parts of Asia and in Brazil, while some markets remained supported amid growing tightness

Ferrous scrap prices in main Mexican markets dropped sharply in the week to Tuesday February 6 – their third consecutive weekly decrease – amid weak sentiment, Fastmarkets understands

After a consultation period which ended on Tuesday January 30, Fastmarkets has amended the chemical specifications and names of its MB-MNO-0001 manganese ore 44% Mn, cif Tianjin and MB-MNO-0005 manganese ore 44% Mn, fot Tianjin indices.

The international gallium market remains under pressure from the export control China introduced on the metal in August 2023, despite higher exports from China in December, Fastmarkets heard in the week to Monday February 5

Trading activity for pellet feed imported into China increased in the week to Friday January 19, with more tenders from Australia. The pellet feed premium, however, continued to face downward pressure from uncertain demand outlook among market participants, sources told Fastmarkets

Mining company Ares Strategic Mining (ARES) announced on Thursday February 1 that fabrication of its fluorspar acidspar manufacturing facility in the US state of Utah has begun

China Northern Rare Earth Group High Tech Co expects its net profit for 2023 to have decreased by 53.97-61%, the company announced on Monday January 29

China's aluminium industry has increased the development pace of green-power aluminium in recent years, by using more green power for electrolytic aluminium production to reduce carbon emission and also by actively pushing forward differentiation of the metal from its non-green-power counterpart

Fastmarkets proposes to split the current Brazilian aluminium P1020A delivered premium by launching two new domestic premium assessments to better reflect the two-tier market created by the different state value-added tax (VAT) rates, known as the ICMS tax.

February is set to be the best month for copper prices after a challenging start to the new year