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PRICING NOTICE: Launch of two high-carbon ferro-chrome assessments; phasing out existing price
Fastmarkets will launch two new European high-carbon ferro-chrome price assessments on Tuesday October 27 this year, which will run alongside the existing price assessment until the end of 2021.
October 22, 2020
·
By Jon Stibbs
Insights
LIVE FUTURES REPORT 22/10: LME base metals prices downbeat on US fiscal stimulus impasse; nickel slides 1%
Three-month base metals prices on the London Metal Exchange were collectively lower during morning trading on Thursday October 22, with the LME nickel price notching the biggest decline, while a continued impasse over a US coronavirus fiscal stimulus package cooled rallies seen earlier in the week.
October 22, 2020
·
By Hassan Butt
Insights
VIETNAM STEEL SCRAP: Chinese demand for Vietnamese billet boosts spot prices
Renewed interest for Vietnamese billets from Chinese buyers and higher offers from Japanese scrapyards have boosted prices in the week to Friday October 16.
October 16, 2020
·
By Paul Lim
Insights
MORNING VIEW: Base metals, with the exception of lead, hold up well considering nervousness in broader markets
Base metals prices on the LME and the SHFE were mixed this morning, Friday October 16, but overall were holding up well despite growing concern over the spread of Covid-19 across Europe and the United States.
October 16, 2020
·
By William Adams
Insights
LME WEEK 2020: Base metals 2021 negotiations start in virtual ‘mating season’
With a virtual LME Week starting on Monday October 19, the base metals market is starting to focus on negotiating 2021 contracts. Here, read about how the evolving nature of virtual negotiations is affecting the aluminium, copper, nickel and tin markets.
October 16, 2020
·
Insights
MORNING VIEW: Base metals, broader prices mixed on cooling market sentiment
Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.
October 15, 2020
·
By William Adams
Insights
PRICING NOTICE: Update to Fastmarkets’ consultation on low-carbon aluminium pricing
Fastmarkets is updating market participants on its initiative to price the physical low-carbon aluminium market.
October 14, 2020
·
Insights
MORNING VIEW: Base metals prices mixed with LME down, SHFE up, as are equities
Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities.
October 13, 2020
·
By William Adams
Insights
MORNING VIEW: Base metals prices mixed, but sentiment more bullish again
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Monday October 12, but sentiment has turned more bullish, especially in aluminium, since China returned from its Golden Week holiday.
October 12, 2020
·
By William Adams
Insights
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