China’s manganese ore port stocks dropped to a six-year low in early March, driven by tightening global supply and stronger-than-expected demand in recent months, market sources have told Fastmarkets.

These prices are scheduled for publication at 2-3pm London time, but were published at 4.24pm. Fastmarkets’ pricing database has been updated. The following prices were affected:MB-STE-0092 Steel reinforcing bar (rebar), domestic, cpt Poland, zloty per tonneMB-STE-0891 Steel wire rod (drawing quality), domestic, delivered Poland, zloty per tonne The prices are part of the Fastmarkets steel price package. […]

Fastmarkets is launching assessments of the MB-AL-0407 aluminium P1020A premium, cif Mexico, and the MB-AL-0406 aluminium 6063 extrusion billet premium, cif Mexico, on Tuesday March 11, and will also launch an assessment of the MB-AL-0408 aluminium low-carbon differential P1020A, cif Mexico, on Tuesday March 25. After a consultation period, Fastmarkets is launching assessments of the three […]

Fastmarkets has reduced the frequency of publication of its steel billet index export, fob Black Sea, CIS, due to lower market liquidity. The change follows a month-long consultation period with most feedback supporting the decision. The proposal was published on February 6 and the consultation ended on March 6. The new specifications are listed below, with the […]

Fastmarkets proposes to amend its MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam assessment and launch an assessment for chromium alumino-thermic 99.4% min, in-whs Rotterdam. Fastmarkets proposes to amend the pricing methodology for its chromium alumino-thermic 99% min, in-whs Rotterdam assessment to bring it in line with the Chinese specifications currently followed by the market.  The […]

Fastmarkets has corrected the rationale for its MB-NIO-0004 Nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan and South Korea that was published incorrectly on Wednesday February 26. The rationale mistakenly stated that the nickel mixed hydroxide precipitate payable indicator was unchanged on February 26 when it had widened upward. The […]

The update can be found here or on the Fastmarkets platform via a search of the report’s headline.

Nickel matte is a raw material used to produce nickel sulfate, along with mixed hydroxide precipitate and nickel briquette, feeding into the battery sector. With the commission of new class-1 nickel projects in China and Indonesia, nickel matte is also widely used to make nickel full plate cathodes. We have been seeing a boom in […]

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 […]

The following prices were published with a delay of 16 hours and 39 minutes: MB-MAG-0018 – Magnesia, dead burned, 95% MgO, fob Europe, $/tonneMB-MAG-0013 – Magnesite, Greek, raw, max 3.5% SiO2, fob East Mediterranean, €/tonneMB-MAG-0012 – Magnesia, European calcined, agricultural, cif Europe, €/tonneMB-MAG-0019 – Magnesia, fused, 97% MgO, cif Europe, $/tonne These prices are a part […]