Fastmarkets discontinued its weekly premium assessments for special high grade (SHG) zinc basis in-warehouse Singapore and Malaysia on Tuesday February 12.

The outlook for the Brazilian mining industry has become very murky following a major accident in one of Vale’s mines and the consequent increased scrutiny on operations by authorities, according to analysts.

Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Tuesday February 12, with a firm dollar and uncertainty surrounding trade talks between China and the United States hampering the complex.

The seaborne iron ore market agreed on the logic behind the rise in prices on the first day of trading after China’s return from the Lunar New Year on Monday February 11 but by day two it failed to reach an agreement on the rally’s sustainability.

Here are five Fastmarkets MB stories you might have missed on Monday February 11 that are worth another look.

NEW YORK, Feb. 12, 2019 (PPI Global) – As part of an ongoing effort to streamline recovered paper coverage, Fastmarkets RISI is proposing the following changes to its US export price assessments: Discontinue assessments of all export recovered paper grades FAS Chicago (price IDs 1888, 1298, 12113,12103, 11889, 12107) bound for Asia Discontinue assessments of […]

President Donald Trump’s Section 232 tariffs and quotas on imported steel and aluminium from the European Union show no signs of going away soon, according to politicians and industry experts in Germany.

Turkey’s biggest steel producer, Erdemir Group, reported earnings before interest, taxes, depreciation and amortization (Ebitda) for 2018 of TRY8.302 billion ($1.579 billion*), up 52.24% from TRY5.453 billion for 2017.

China’s return to the market after a week-long break for Lunar New Year has not brought with it a rush to restock and that has led to some disappointed selling across the base metals traded on the London Metal Exchange, with the complex down by an average of 0.9% this morning, Monday February 11.

Nickel prices on the Shanghai Futures Exchange surged to a four-month high on Monday February 11 following a rally in iron ore futures on the first trading day after China’s break for the Lunar New Year.