Turkish steel mills remained absent from the deep-sea scrap import market on Wednesday March 24, due to the slump in the value of the lira and weak steel demand, market participants told Fastmarkets.

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.

Fastmarkets is proposing to launch a zinc SHG ingots in-warehouse Southeast Asia warrant premium to complement its current zinc warrant coverage, which is focused on Europe and United States.

Battery recycling start-up Li-Cycle sees the commercial production achieved at its Rochester, New York, plant as the start of something big.

Key data from Fastmarkets’ pricing session in Europe on Wednesday March 17.

Fastmarkets today, Wednesday March 17, launches a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid.

Stakeholders from aluminium producers to downstream consumers in Europe have a strong interest in market growth but more comprehensive transparency around various aluminium smelter emissions is needed to sustain that growth, Anne-Claire Lejeune, green and sustainable asset originator at bank Natixis, said in an interview with Fastmarkets.

Three-month base metals prices on the London Metal Exchange were down across the board during morning trading on Tuesday March 16, with tin’s price falling the most to $24,630 per tonne – this after the complex mostly ended in positive territory on Monday.

Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), on Tuesday March 16 announced that its benchmark administrator Fastmarkets Benchmark Administration Oy (FBA) has been authorized under Article 34 of the EU Benchmarks Regulation (BMR).

Fastmarkets will, on Wednesday March 17, launch a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid.