Fastmarkets will launch a weekly import price assessment for steel billet on a cfr China basis from February 26 after a month of consultation.

The board of Chilean lithium producer Sociedad Quimica y Minera (SQM) has approved the company’s investment in the Mount Holland lithium project in Western Australia, it said on Wednesday February 17.

Heavy snow across parts of the southern US has brought chaos to logistics in the key export hub of the US Gulf and is likely...

Recovery hopes tied into the rollout of Covid-19 vaccines and some brighter economic data has driven up bond yields that in turn has lifted the dollar, and that seems to be creating some hesitancy in the metals this morning, Wednesday February 17.

After reviewing the initial feedback on its proposal to launch a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid, Fastmarkets MB is extending the consultation period by two weeks.

Uruguay’s soybean planted area increased by approximately 7% in the 2020/21 crop cycle compared with the previous crop...

With China still on holiday, base metals prices on the London Metal Exchange have been consolidating this morning, Tuesday February 16, even though broader markets remain upbeat.

Even with Chinese market participants on holiday, base metals prices on the London Metal Exchange have for the most part been bullish on Monday February 15, with the exception of zinc.

The prospect of more than 5 million tons of additional flat-rolled steel production starting up in the United States by the end of this year has convinced some market participants that the current run of all-time record-high sheet prices must come to a screeching halt by summer.

With Greater China on holiday, base metals trading on the London Metal Exchange has been quiet this morning, Friday February 12, with prices little changed and trading volumes light - but so far prices are holding up in high ground.