Market participants in the aluminium industry are calling for more transparency in low-carbon aluminium pricing, following recent global initiatives to lower carbon emissions that have created greater demand for such products.

South African manganese miner Assmang has declared force majeure on some shipments after state transport provider Transnet issued the same notice last week.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed, albeit with a downside bias, during morning trading on Tuesday February 2, while silver was consolidating below highs but above its recent trading range.

The American Metals Supply Chain Institute (AMSCI) is urging President Joe Biden to eliminate steel and aluminium tariffs in an effort to lower domestic costs and boost employment in the United States' metals supply chain.

Hot-rolled coiled prices in the United States held essentially flat to begin February.

Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.

London, February 2 2021 (Press Release) – Euromoney Institutional Investor PLC (“Euromoney”), the international information services provider of essential information to global and specialist markets, announces the acquisition of 100% of The Jacobsen, an agricultural Price Reporting Agency (“PRA”) that predominantly serves the US agricultural commodity markets. The acquisition expands Fastmarkets global presence in agriculture, building on our recent acquisition of AgriCensus in 2020.

Fastmarkets proposes to amend the frequency of the publication of its copper cathode premium cif Rotterdam.

Fastmarkets proposes to discontinue pricing physical copper cathode premiums on a seaborne basis to South Korea.

Base metals prices on the London Metal Exchange were up across the board this morning, Monday February 1, this despite weaker-than-expected manufacturing purchasing managers’ index (PMI) data out of China over the weekend.