The president of one of Brazil’s truck unions has warned in local media that upcoming strike action, scheduled for February 1...

The base metals on the London Metal Exchange and on the Shanghai Futures Exchange were mixed this morning, Thursday January 14, with prices generally holding up in high ground but some weakness is showing up on the charts in the likes of zinc.

Base metals prices were for the most part weaker during morning trading on Monday January 11, while the dollar was firmer in line with strong US treasury yields.

Sluggish Chinese domestic steel scrap prices mean there has been a large gap between bids and offers for imports of steel scrap this week, market sources told Fastmarkets on Friday January 8.

China's looming presence as a new buyer in the Asian seaborne scrap market has sparked concerns of tight supply in the region, including in Taiwan, sources told Fastmarkets this week.

Freight Investor Services (FIS) completed the first brokered trade of the CME Group’s cash-settled cobalt futures contract on Thursday January 7, the company told Fastmarkets.

US-headquartered lithium producer Albemarle Corp will double lithium carbonate output at its brine-sourced production facility, Silver Peak, based in Nevada, it said on Thursday January 7.

Fastmarkets is proposing to launch a weekly import price assessment for steel billet on a cfr China basis.

Markets seem to be anticipating a Democratic win in the Georgia Senate run-off this morning, Wednesday January 6, and that could be bullish for commodities because a Democratic-controlled US Congress could push through larger fiscal stimulus packages.

Fastmarkets is proposing to launch a new daily China ferrous scrap import price assessment to enhance its growing editorial coverage of the Asian market for the steelmaking raw material.