Fastmarkets proposes to amend the specifications of its hot-dipped galvanized steel import price on a cfr South America basis to narrow the range of products included and better reflect the base-grade material traded in the region.

Fastmarkets proposes to change the publication time of its Latin American steel price assessments to Friday at 2-3pm New York time from Friday 2-3pm London time.

Fastmarkets proposes to discontinue four price assessments of steel in Argentina following a long period of low liquidity and an inactive spot market.

Asian-Pacific equities and the base metals trading on the London Metal Exchange were weaker this morning, Tuesday July 14, with profit-taking emerging in the face of increased Covid-19 cases and earnings uncertainty.

Here are five Fastmarkets stories you might have missed on Monday July 13 that are worth another look.

Domestic prices for steel hot-rolled coil moved up across Europe in the week ended Friday July 10, supported by the continuing lack of competitive import offers.

Japanese carmaker Honda has acquired about 1% of the shares in Chinese battery maker Contemporary Amperex Technology (CATL) through a non-public issuance of stocks, with the intention of securing a stable supply of batteries from the Chinese firm, the two companies said in a joint statement on Friday July 10.

Copper futures in London and Shanghai soared in early morning trading on Monday July 13 after miners in Chile declared they would strike over wages, Fastmarkets understands.

Broader markets were upbeat this morning, Monday July 13, with Covid-19, weather-related supply disruptions and the threat of a labor strike at the Zaldivar copper mine in Chile driving sentiment.

Here are five Fastmarkets stories you might have missed on Friday July 10 that are worth another look.