Fastmarkets has corrected its price assessment for the aluminium 6063 extrusion billet premium, in-whs dp Rotterdam, which was published incorrectly on Friday February 26 due to a reporter error.

Hot-rolled coil prices in the United States dipped day on day, but remain high due to an ongoing supply shortage and strong demand.

The strength of the economic recovery in China in 2020 defied the expectations of most market observers. According to estimates by Fastmarkets, apparent consumption in the country rose by 9% in 2020 compared with a 12% fall in the rest of the world.

Glencore has appointed BMO Capital Markets to arrange the sale or explore partnerships for its entire wholly-owned zinc, lead and silver mining portfolio in South America, according to several sources and documents viewed by Fastmarkets.

A crackdown on industrial activity in Tangshan, China’s steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.

Hot-rolled coil prices in the United States climbed again, surpassing the record high established the previous day, after market participants noted an acute shortage of spot-market material.

Chile produced 457,100 tonnes of copper in January, down by 0.7% from 460,100 tonnes in the same month in 2020, the Chilean copper commission, Cochilco, said on Tuesday March 2.

China will actively promote the development of offshore wind power as part of its effort to build clean energy infrastructure across the country, according to a carbon neutrality action plan issued by State Grid Corporation of China on Monday March 1.

Base metals prices on the London Metal Exchange were in consolidation mode on Tuesday March 2, with tin declining slightly following a near 9% dive on Monday and nickel decreasing by 1%, amid a stronger US Dollar Index, which is at its highest since the first week of February.

Base metals prices on the London Metal Exchange were mixed this morning, Tuesday March 2, while on the Shanghai Futures Exchange they were mainly weaker.