Base metals prices on the London Metal Exchange were up across the board this morning, Monday February 1, this despite weaker-than-expected manufacturing purchasing managers’ index (PMI) data out of China over the weekend.

Global ferrous scrap prices have yet to hit the buffers in their downward plunge. Buyers in Asia were holding back from purchases in the week ended Friday January 29, swooping in only for low-priced cargoes, but demand from China could support prices in the near term.

Friday’s confirmation that China had booked 2.1 million mt of US corn from the 2020/21 marketing year was among the more...

A fresh USDA export sales notice indicating a large volume of sales to China sent futures rallying...

Chilean lithium producer Sociedad Quimica y Minera (SQM) shareholders have approved a plan to raise $1.1 billion through the sale of common stocks, the company said on Friday January 22 as part of its expansion plan across its product range, which includes lithium and other industrial chemicals.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part firmer on Monday January 25, after having dipped on Friday – optimism over US President Joe Biden’s $1.9 trillion fiscal stimulus plan was outstripping the worrying news about the new Covid-19 cases in China.

A new outbreak of African swine fever (ASF) has been detected in southern China, marking the first case of the disease reported...

Lithium miner Pilbara Minerals has completed the acquisition of Altura Lithium, it said on Wednesday January 20.

Aluminium producer Rusal has partnered with Henan Mingtai Aluminium to deliver low-carbon aluminium products to meet growing market demand, it said on Tuesday January 19.

After an extended consultation period, Fastmarkets has decided to amend its discount assessment for No2 copper scrap imported into China so that it is aligned with the country’s new import policy for such material.