Fastmarkets FOEX is inviting feedback from the industry on the pricing methodologies for its PIX Paper price indices, as part of its annual methodology review process. This consultation, which is open until April 13th, 2021, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]

Australian lithium spodumene concentrate producer Pilbara Minerals has agreed to an additional offtake agreement with Chinese lithium producer Yibin Tianyi, it said on Monday March 15.

Markets are starting the week mixed with base metals prices and equities in different regions showing divergent performances this morning, Monday March 15.

Fastmarkets FOEX invited feedback from the industry in an open consultation process between Feb. 1st and 26th, 2021 on the pricing methodology for its PIX European Pulp indices. The consultation was done as part of our annual methodology review process. Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. […]

Increasing scrap flows and bearish appetites led to softer prices in the majority of international steel scrap markets in the week to Friday March 12.

The seaborne premium hard coking coal fob market was quiet on Friday March 12 in the absence of buyers in the ex-China market.

Chinese steel scrap buyers have been absent from the import market due to the muted sentiment after some serious environmental inspections at steel mills in Tangshan yesterday, sources said on March 12.

New transactions concluded for containerized steel scrap cargoes sold to Bangladesh fetched lower prices over the past week, sources told Fastmarkets.

Fastmarkets today, Friday March 12, launches a weekly price assessment for drawing-quality steel wire rod for the Polish domestic market.

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday March 12, with prices generally consolidating after recent weakness/consolidation. A lack of follow-through selling suggests underlying sentiment is still bullish.