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

This consultation, which is open until March 8, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. Fastmarkets FOEX […]

China has released the first round of rare earth mining and smelting and separation quotas for 2024 in a joint announcement by the country's Ministry of Industry and Information Technology and the Ministry of Natural Resources on Tuesday February 6

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’s spot lithium prices edged up over the week to Thursday February 1 amid a sharp uptick in restocking demand ahead of the Lunar New Year holiday (LNY), and some sellers refraining from making sales to increase prices, sources told Fastmarkets

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

Russia’s National Packaging Confederation (NKPack) expects the domestic corrugated packaging and folding carton markets to grow by up to 5% in 2024 amid economic uncertainty and rising geopolitical tensions. “We expect more modest numbers than in 2023, but nevertheless, we predict growth in production of corrugated packaging at 5% and for folding cartons of 3-5%,” […]