Nickel market participants rejected the idea of making nickel sulfate or other Class 2 products eligible for delivery against the Class 1 London Metal Exchange (LME) contract and want the exchange to instead focus on fixing the existing contract, according to the LME chief executive officer

While there’s more work to be done, stability has been restored to the London Metal Exchange nickel contract and confidence in its value as a pricing mechanism is starting to return, according to the exchange’s chief executive officer

Volatility in key currencies has been at the forefront of the minds of many steel and ferro-alloys producers, traders and buyers in 2023

The merger will set new paper packaging market leaders in the region, said Fastmarkets’ analyst

The paper packaging giant’s announcement comes amidst reports of more projects being delayed or canceled

Rising base metal stock levels on the London Metal Exchange continue to highlight a poor physical demand environment, with the anticipated return in global demand remaining a key talking point ahead of LME Week, participants told Fastmarkets on Friday October 6

The short-term outlook for copper is being understandably muted by investors’ macroeconomic and geopolitical concerns despite an ongoing positive story for the longer term, the chairman of Chilean state-owned copper producer Codelco said in an interview

Codelco is currently negotiating with fellow Chilean miner Sociedad Quimica y Minera (SQM) to create a lithium production partnership, the chairman of the state-owned copper producer told Fastmarkets

Codelco expects to begin to gradually increase its copper production following several years of declining output, with a roughly 30% rise from current levels expected by 2030, the chairman of Chile’s state-owned copper company told Fastmarkets

The future is clouded for molybdenum markets into the end of 2023 and beyond, sources have suggested, as uncertainties persist around concentrates production and consumption, with the potential for knock-on effects on molybdic oxide and ferro-molybdenum. As LME Week approaches, Fastmarkets take a deep dive into production dynamics