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Delayed publication of US aluminium P1020 premium
The following premium was affected:MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents per lb The premium is a part of the Fastmarkets base metals package. For more information, or to provide feedback on the delayed publication of this premium, or if you would like to provide price information by becoming a data submitter to this […]
February 24, 2025
·
By Grace Asenov
Insights
Proposal to amend cobalt standard grade, in-whs Rotterdam brands: pricing notice
Increased metal refining capacity in China and Indonesia has led to a rise in production of Chinese and Indonesian cobalt metal brands. Data gathered from pricing sessions shows an increase in the trading activity of these brands on a spot and forward basis in the in-whs Rotterdam market. This data also shows these brands transacting […]
February 24, 2025
·
By Fastmarkets Staff
Insights
Hermosa project gives US chance at manganese self-reliance, president says | Hotter Commodities
The US has the opportunity to be self-reliant on manganese for use in batteries once South32’s Hermosa project is up and running, the president of Hermosa told Fastmarkets.
February 21, 2025
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By Andrea Hotter
Insights
Close of open consultation on methodology review for aluminium P1020A premium in-whs dup, dp Rotterdam in relation to the EU’s carbon border adjustment mechanism
During the consultation period, Fastmarkets received extensive feedback from all sectors of the European aluminium industry. You can find the original consultation notice here. Fastmarkets will now evaluate the written comments received, before publishing a final decision on the consultation. If you would like to provide price information by becoming a data submitter, please contact Sayaka […]
February 20, 2025
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By James McKeigue
Insights
Correction to rationale of aluminium P1020A premium, ddp Midwest US
The rationale was missing the backwardation data on Monday. The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US: “The LME C/3M spread was trading at a $38.37/t backwardation at the time of assessment on Monday, compared to a $23.00/t backwardation on Friday.” The published price is unaffected by this […]
February 19, 2025
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By James McKeigue
Insights
Trump reinstates steel tariffs: global reactions and economic fallout
US President Donald Trump has reinstated the full 25% steel tariffs under Section 232. This decisive move aims to curb surging imports and bolster US manufacturing. With exemptions removed and impacts stretching from producers to downstream manufacturers, the global steel industry braces for widespread effects.
February 17, 2025
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By Robert England, Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
Correction to copper grade A cathode ER premium, bonded in-whs Shanghai assessment
The price was initially published as $60-70 per tonne and has since been corrected to $60-68 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The price rationale was correct. For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data […]
February 17, 2025
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By Shiyue Zhao
Insights
Cobre Panama gives no reprieve to copper smelters | Hotter Commodities
Copper smelters struggling with record low treatment and refining charges (TCs/RCs) won’t be able to look to the Cobre Panama mine to ease market tightness any time soon.
February 14, 2025
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By Andrea Hotter
Insights
Robert Yildirim’s CoreX Holding targets chrome, nickel, renewables growth in 10-year strategy: interview
Robert Yildirim aims to make CoreX a top 50 mining giant, expanding in nickel, chrome and renewables.
February 14, 2025
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By Janie Davies
Insights
Lumber prices trending upwards after strong week of trade
Traders reported some of the strongest activity of the year to date in many species, with prices firming or moving higher in most regions. The stronger pace of sales emerged despite adverse weather conditions across many parts of the continent and stubbornly elevated mortgage interest rates. The Random Lengths Framing Lumber Composite Price finished $9 […]
February 14, 2025
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By Joe Pruski, the Fastmarkets team
Insights
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