The latest news and price moves to start the Asian day on Tuesday October 16.

Trading activity in the seaborne iron ore pellet market was subdued last week, with some participants expecting prices to come down.

Due to a technical error, several European pulp and paper prices for October were overwritten briefly Oct. 15 with incorrect data. The correct prices have now been restored. For any questions, please contact pricing@risi.com.

Domestic Chinese battery-grade lithium carbonate and hydroxide prices softened on Thursday October 11 due to lower concluded prices after the Golden Week national holiday on October 1-7.

Market participants have hailed Singapore Exchange’s (SGX) decision to launch a high-grade iron ore derivative, basis Fastmarkets’ daily 65% Fe iron ore price, saying it will serve the burgeoning need for better price risk management tools.

The Singapore Exchange (SGX) will launch a high-grade iron ore derivative product to be settled against the daily MB 65% Fe iron ore index published by Fastmarkets, the exchange said on Thursday October 11.

The latest news and price moves to start the Asian day on Thursday October 11.

The steel scrap sector in the United States still depends on exports to Turkey, a member of the Fastmarkets research team said during the ferrous session at the Bureau of International Recycling (BIR) conference in London last weekend.

Fastmarkets AMM is further extending the consultation period for its proposal the change the frequency of its US Midwest Hot-Rolled Coil Index until Tuesday October 30, to allow for additional market feedback.

The latest news and price moves to start the Asian day on Wednesday October 10.