A joint venture between Trafigura and a Saudi Arabian company will start building a major copper, zinc and lead smelter complex in Saudi Arabia approximately one year from now, a company source has confirmed with Fastmarkets.

Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Monday January 28, with the complex gaining support from a weak US currency and improved risk appetite in the market.

Fastmarkets will again accept Rusal material produced after April 6, 2018, in its aluminium price assessments following the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) decision to remove sanctions imposed on UC Rusal.

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.

Here are five Fastmarkets MB stories you might have missed on Friday January 25 that are worth another look.

Following further consultation, Fastmarkets RISI proposes also to discontinue the following Crow’s prices when Crow’s publications are merged with Random Lengths at the beginning of the second quarter of 2019. Oriented Strandboard ¼” delivered Saskatchewan (Price ID 11157) Canadian Douglas-Fir Plywood Sheathing 7.5mm-5/16” delivered Vancouver, Calgary/Edmonton, Regina, Winnipeg, Toronto, Montreal, Maritimes (Price IDs 11197 to […]

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

The market cannot get too excited about base metals prices in 2019 while the trade conflict between the United States and China continues to dominate headlines, INTL FCStone analyst Edward Meir said.

INTL FCStone’s Edward Meir took the top spot on Fastmarkets’ Apex 2018 yearly base metals leaderboard with an accuracy rating of 98.75%.

Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.4% this morning, Friday January 25 - this despite Thursday’s generally weak flash manufacturing purchasing managers' index (PMI) data in Asia and Europe, although the United States showed a stronger number.