Base metals prices on the Shanghai Futures Exchange were weaker on Wednesday March 31, while they track the movement of three-month prices on the London Metal Exchange on Tuesday, but LME prices have found support this morning.

To align our terminology with other parts of the Fastmarkets business, Fastmarkets RISI, Fastmarkets FOEX and Random Lengths will rename our “Coverage Notes” as “Pricing Notices” with effect from March 31, 2021. Historical notes will still contain the term “Coverage Notes,” however, future notes will be labelled “Pricing Notice” and the relevant section on our […]

Argentina’s oilseed workers union SOEA has threatened to mount new protest actions at key Rosario crushing and export facilities...

Turkish deep-sea scrap import prices edged up on Tuesday after firm offers from the Baltic Sea region, although many mills were looking to achieve further rebar sales in the export and domestic markets before purchasing more scrap, sources said on March 30.

Tin market participants say they saw the record-breaking squeeze coming, but in pandemic-time trading, how does it get back to normal?

Apart from aluminium, base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were firmer this morning, Tuesday March 30, with broader markets also firmer having partially shook off, for now, contagion worries from last week’s hedge fund troubles.

Mexico will remain a net importer of finished steel and is facing a challenge, with its scrap deficit expected to swell by 2025, a McKinsey & Co executive said.

Mexico will remain a net importer of finished steel and is facing a challenge, with its scrap deficit expected to swell by 2025, a McKinsey & Co executive said.

Asia will soon be hit by a “steel tsunami”, a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.

Base metals prices on the London Metal Exchange were mainly lower this morning, Monday March 29, but those on the Shanghai Futures Exchange were stronger across the board while they reacted to Friday’s LME performance.