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Amendment to export steel assessments, billet index from Black Sea
Fastmarkets confirms the amendment of five of its steel products assessments and steel billet index originated from the Black Sea.
May 22, 2024
·
By Marina Shulga, Vlada Novokreshchenova
Insights
Record-high copper prices freeze Chinese spot trading
Global copper futures prices are in a frenzy, with record highs being logged on the New York-based Commodity Exchange (Comex), London Metal Exchange and Shanghai Futures Exchange (SHFE) in recent days
May 22, 2024
·
By Sally Zhang
Insights
European ferro-chrome market prepares for future after end of quarterly benchmark
European ferro-chrome market faces uncertainty after discontinuation of quarterly benchmark pricing system
May 22, 2024
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By Claire Patel-Campbell, Janie Davies, Holly Chant
Insights
Fundamental factors create ripe environment for recent copper price spike
Copper prices have pushed up on global metal exchanges in recent weeks and the London Metal Exchange three-month copper price hit an all-time high on Monday May 20, but what are the key reasons behind the record-breaking surge in prices?
May 22, 2024
·
By Albert MacKenzie
Insights
LME copper’s all-time high aided by funds positioning, COMEX squeeze on shorts
Fundamental supply tightness was part of the reason behind this week's LME three-month copper contract all-time high, but the rate of change was also down to an influx of financial investors and the interconnected squeeze on short positions on COMEX, sources told Fastmarkets
May 22, 2024
·
By Albert MacKenzie
Insights
South Korea building national lithium reserves
The South Korea government has started to build up a national stockpile of lithium reserves through the state-owned Korea Mine Rehabilitation & Mineral Resources Corp (KOMIR), Fastmarkets was told on Tuesday May 21
May 22, 2024
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By Zihao Li
Insights
Launch of US green steel prices
Fastmarkets is launching a US green steel differential to hot-rolled coil and an accompanying US green steel base price. The launch is targeting growing interest from the auto sector and elsewhere in a low-carbon-emission HRC option. It complements differentials and base prices in Europe and Asia.
May 22, 2024
·
By Daniel Hilliard
Insights
Discontinuing the PIX Pellet Nordic Index – Notice of Implementation
For comments and queries, please email hello.foex@fastmarkets.com, indicating “PIX Pellet Nordic Index” in the subject line of the email.
May 22, 2024
·
By the Fastmarkets team
Insights
Rising futures prices drive Chinese battery makers to increase nickel output amid EV slowdown
A host of Chinese battery manufacturers have been increasing their production of electrolytic nickel to reap gains from strong futures prices because the growth in downstream demand for electric vehicles (EVs) is slowing, Fastmarkets heard on Tuesday May 21
May 22, 2024
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By Yiwen Ju
Insights
US looks to decarbonize aluminium industry, spurred by policy and demand
A surge in recycling capacity in the US aluminium industry is coming in the next few years while for now it continues to meet most of its primary aluminium needs from Canada.
May 22, 2024
·
By Yasemin Esmen
Insights
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