The three-month nickel price on the London Metal Exchange was up by 1% during morning trading on Tuesday March 23, while aluminium fell to $2,227.50 per tonne, with a combination of macroeconomic factors and fundamentals issues resulting in mixed price movements.

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange, as well as spot precious metals prices, were mainly weaker this morning, Tuesday March 23, as were broader markets.

The Shanghai Futures Exchange’s plans to list ferro-chrome futures, potentially this year, will bring welcomed hedging opportunities and may weaken the dominance of China’s stainless steel mills in the ore and alloy markets, participants told Fastmarkets.

Fastmarkets proposes to discontinue price coverage for the following: Region 1, Douglas fir, K8; Region 2, Douglas fir, K8; Region 3, Douglas fir, China 12L; Region 3, Douglas fir, K8; Region 3, whitewoods K8; Region 3, whitewoods, China 12L; Region 3, maple, #2 sawmill; and Region 3, maple, #3 sawmill. The changes are proposed due […]

Fastmarkets is proposing to launch a zinc SHG ingots in-warehouse Southeast Asia warrant premium to complement its current zinc warrant coverage, which is focused on Europe and United States.

Base metals prices on the London Metal Exchange were mixed on Monday March 22, while those on the Shanghai Futures Exchange were up across the board.

The Coalition of American Metal Manufacturers and Users (Cammu) claims that United States Commerce Secretary Gina Raimondo was mistaken about the success of the Section 232 steel and aluminium tariffs, and reiterated its call for their termination.

A lack of demand for staple corn volumes out of the key Ukraine corn market, and lingering expectations of niche demand from...

Operations at the Hemerdon tungsten and tin mine in Devon in the United Kingdom could restart early next year, its executive team said, while expecting to go public in the second quarter of next year if prices stay as elevated as they are now.

A lack of vessels at Japanese ports has resulted in low liquidity for imported ferrous scrap in the key market of Vietnam in the week to March 19, market sources told Fastmarkets.