The 2021 annual benchmark negotiations for lead and zinc concentrate treatment charges (TCs) continue, with aggressive bids and offers reportedly being pushed by major miners and smelters.

Asia will soon be hit by a “steel tsunami”, a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.

Vietnamese buyers have been seeking bulk deep-sea ferrous scrap to make up for a lack of supply from Japan, market sources told Fastmarkets.

A green-tinged recovery from Covid-19 sees readjustment in iron ore price dynamics.

Total crude steel output across 64 major producer countries was 150.2 million tonnes in February 2021, down by 8% month on month but up by 4% from February 2020, the World Steel Association (Worldsteel) said on March 23.

The three-month nickel price on the London Metal Exchange was up by 1% during morning trading on Tuesday March 23, while aluminium fell to $2,227.50 per tonne, with a combination of macroeconomic factors and fundamentals issues resulting in mixed price movements.

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange, as well as spot precious metals prices, were mainly weaker this morning, Tuesday March 23, as were broader markets.

The Shanghai Futures Exchange’s plans to list ferro-chrome futures, potentially this year, will bring welcomed hedging opportunities and may weaken the dominance of China’s stainless steel mills in the ore and alloy markets, participants told Fastmarkets.

A lack of demand for staple corn volumes out of the key Ukraine corn market, and lingering expectations of niche demand from...

Operations at the Hemerdon tungsten and tin mine in Devon in the United Kingdom could restart early next year, its executive team said, while expecting to go public in the second quarter of next year if prices stay as elevated as they are now.