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.

Corn futures jumped 2% and soybean futures by a steeper 4% towards Tuesday’s market close, as an ongoing dispute between...

Brazil’s iron ore exports increased by a third in December compared with a year earlier, according to statistics from the country’s economy ministry.

Delivery and sales from leading US-based electric vehicles (EVs) manufacturer Tesla showed strong growth over the course of 2020 despite the economic setbacks and logistic disruptions triggered by the global spread of Covid-19 and its economic consequences, according to data released by the company on Saturday January 2.

The new year has started with optimism in the air and base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up by an average of 1.8% and 1.4% respectively this morning, Monday January 14.

Fastmarkets has updated its formula for calculating the daily physical nickel arbitrage in Shanghai, after China announced it would lower the import tax on certain non-alloyed nickel from 2% to 1%, from January 1, 2021.