More than 100,000 tonnes of aluminium were delivered into London Metal Exchange warehouses in Gwyangyang, South Korea, on the morning of Wednesday February 8

European copper premiums continued to respond to the unprecedented increase in long-term contract levels in the week to Tuesday February 7, while those in China faced downward pressure due to limited buying and there was no movement in the US

Steel trading and production have come to a halt in the eastern Turkish region of Iskenderun following a devastating earthquake that hit the region on Monday February 6 and put mills in the area under force majeure, sources told Fastmarkets on Tuesday

Fastmarkets proposes to amend and realign its listed brands for alloy and standard grade cobalt to reflect new developments in the market and invites feedback on the following consultation.

China’s cobalt metal prices rose in the second half of the week to Friday February 3 due to the strength in local futures prices, but market sentiment remained bearish due to sustained weak demand, sources told Fastmarkets

Fastmarkets’ Shanghai-London arbitrage calculations for aluminium were published incorrectly on January 30-February 3 due to a formula error.

A 120-day closure of four Illinois dams scheduled for 2023 will disrupt barge shipments and have potentially both negative and positive impacts on scrap and finished steel products from Canada to Texas

Levels for UBL kraft paper are down $10/ton for 30-lb lightweight grocery bag paper and down by $10/ton for 50-lb unbleached natural multiwall sack kraft paper

RBP price remained unchanged as US old corrugated containers (OCC) ticked up in January

BRUSSELS, Feb 2, 2023 (PPI Europe) - PRICING NOTICE: Consultation on proposal to discontinue Russian containerboard prices – final decision