JX Advanced Metals, Mitsui Kinzoku, Marubeni and Mitsubishi Materials(MMC) inked a deal to integrate MMC's copper concentrate procurement and related products sales business into Pan Pacific Copper (PPC), marking a significant consolidation of Japan's copper concentrate purchasing sector amid persistent pressure from weak treatment and refining charges (TC/RCs).

Fastmarkets has launched a new weekly price assessment for tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan $ per kg on Friday May 29.

Fastmarkets will increase the frequency of the normalization coefficient used for its daily mid-grade iron ore indices from Tuesday June 2.

Fastmarkets is extending the consultation period for its proposed changes to the copper concentrates TC/RC index cif Asia Pacific and is also proposing the normalization of gold and silver payables within the index calculation.

Fastmarkets will launch a new weekly price assessment for tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan $ per kg on Friday May 29.

Vingroup Corp subsidiary VinMetal and UK-based Primetals Technologies have signed a memorandum of understanding (MoU) on Thursday May 7 to cooperate on the development of VinMetal’s high-tech integrated steel complex in Vietnam’s Ha Tinh province, according to local media reports.

The recent appreciation of the Chinese yuan against the US dollar is rippling through Asia’s ferrosilicon market, squeezing Chinese export margins, lifting regional prices and shifting currency risks downstream to buyers.

Fastmarkets will discontinue three of its US-assessed palm and lauric oil prices following an open consultation.

The amendment follows the decision made on May 14, after a consultation period for the proposed changes which took place between April 3 and May 11. The changes were first proposed in a pricing note published on April 3.  The purpose of the changes is to align the publication times to the activity in the […]

South Korea has stepped up its efforts to support its steel sector, amid escalating tensions in the Middle East and tariff pressures elsewhere, by including the sector in a $54 billion support package for key industries in the country, Fastmarkets understands.