Fastmarkets has amended the quantity and timing specifications of its price assessment for steel billet imports, cfr Southeast Asia, $/tonne after a one-month consultation period.

Here are five Fastmarkets MB stories you might have missed on Monday August 19 that are worth another look.

Guangxi Nanguo, who recently had to suspend its newly constructed 300,000 tonne per year copper smelter due to a lack of funds, has entered into procurement financing agreements with state-owned conglomerate Minmetals, sources with direct knowledge told Fastmarkets.

A wave of risk-on is flowing through broader markets this morning, Monday August 19, on expectations that central banks will provide stimulus going forward to cushion moves toward recession.

Base metals prices on the Shanghai Futures Exchange were mostly down during morning trading on Monday August 19 while markets reacted to comments from US President Donald Trump over the weekend that the United States is “doing very well with China and talking” but suggested he was not ready to sign a deal.

Here are five Fastmarkets MB stories you might have missed on Friday August 16 that are worth another look.

Against the background of heavy economic and geopolitical clouds, markets are getting some lift on Friday August 16, presumably since they have absorbed all the latest gloomy news on global economy, trade, the unrest in Hong Kong and debt default concerns in Argentina.

Base metals prices on the Shanghai Futures Exchange were broadly little changed to up during morning trading on Friday August 16, with nickel giving the best performance of its peers with a gain of 2.4%.

Here are five Fastmarkets MB stories you might have missed on Thursday August 15 that are worth another look.

Chilean state-owned copper producer Codelco began operations at Chuquicamata’s subterranean phase on Wednesday August 14, with an aim to increase mine life by 40 years and to improve the division’s productivity, the company said.