Last week’s weaker tone in the metals has flowed through into morning trading on Monday May 4, with the three-month base metals on the London Metal Exchange down by an average of 0.6%, led by a 0.9% fall in copper to $5,061 per tonne.

An overview of the battery raw materials markets and their price moves from the past week.

Carpenter Technology intends to close two domestic powder metal production facilities and exit its downstream oil and gas business to preserve liquidity during the Covid-19 pandemic, the company said in an earnings report.

Weda Bay Nickel, the Indonesia-based joint venture between French multi-metal miner Eramet, Chinese stainless steel giant Tsingshan and regional miner PT Antam went into the early stages of production on Thursday April 30, Eramet announced on the same day.

Fastmarkets RISI invited feedback from the industry on the pricing methodologies for North American Packaging Paper and Board and North American Recovered Paper, via an open consultation process between March 27th and April 24th, 2020. This consultation was done as part of our published annual methodology review process. No feedback was received during the consultation […]

The latest forecasts from Fastmarkets’ team of analysts is ready to view.

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

ABN AMRO Bank has filed a claim against China’s largest private copper smelter Dongying Fangyuan, according to a court document seen by Fastmarkets.

Base metals prices and global equity indices were holding up in high ground this morning, Thursday April 30, helped by the US Federal Open Market Committee’s message of continued support, an expansion in manufacturing activity at China’s larger factories, a stronger oil price and because state-sponsored inventory buying in China bodes well for the metals.

Due to a typing error, Southern Bleached Softwood Kraft delivered to the US East was incorrectly published Apr 29 in the Fastmarkets RISI online portal, mobile app and World Pulp Monthly Table 5. The correct price should have read $1060/tonne and not $1160/tonne as originally published. The database and Table 5 have now been corrected. […]