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PRICING NOTICE: Amendment to copper concentrate TC/RC index methodology
Fastmarkets has decided to revise the outlier detection method used in the calculation of its copper concentrate treatment and refining charge (TC/RC) index.
June 2, 2021
·
By Julian Luk
Insights
MORNING VIEW: Zinc, tin prices eye the upside; rest lose upward momentum
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday June 2 - zinc and tin prices were up on both exchanges and were looking robust, while the others have lost recent upward momentum.
June 2, 2021
·
By William Adams
Insights
ENERGY TRANSITION: The complex path to net zero
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”
June 2, 2021
·
By Andrea Hotter
Insights
G7 criticizes subsidies driving overcapacity in steel, aluminium
Leaders of the Group of Seven (G7) countries have reaffirmed their commitment to fair trade and criticized the use of subsidies that create excess capacity, including in steel and aluminium.
June 1, 2021
·
By Andrea Hotter
Insights
DAILY STEEL SCRAP: Mills seek support from finished steel sales before committing to scrap bookings
Turkish steel producers remained quiet in the deep-sea scrap market and instead continued to focus on finished steel, sources told Fastmarkets on Tuesday June 1.
June 1, 2021
·
By Cem Turken
Insights
Turnagain nickel project in Canada has potential to be world’s first carbon-neutral mine, exec says
Mineral sequestration could be used to develop the world’s first-ever carbon-neutral nickel mine, according to the president of Giga Metals Corp, which is developing the Turnagain project in British Columbia, Canada.
June 1, 2021
·
By Andrea Hotter
Insights
WTO to review EU-Malaysia palm, China-Australia barley cases
The World Trade Organization established two expert panels late last week to review complaints around China’s imposition of...
June 1, 2021
·
By John McGarrity, Timothy Worledge
Insights
NOREXECO launches China softwood and hardwood pulp futures based on Fastmarkets prices
NOREXECO ASA, the international pulp and paper exchange, launched two cash-settled China pulp futures contracts on June 1 based on Fastmarkets’ prices to meet growing demand for hedging in the international pulp market.
June 1, 2021
·
Insights
STEEL SCRAP WRAP: Prices trend downwards on worsening sentiment
Global steel scrap prices dropped in the week to Friday May 28 on poor sentiment resulting from a weaker Chinese market and a softening of the Turkish market.
May 28, 2021
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By Amy Hinton
Insights
DAILY STEEL SCRAP: Fresh US cargo sends prices down further
Turkish deep-sea scrap import prices went down further at the end of the week on the news of a fresh US booking, market participants told Fastmarkets on Friday May 28.
May 28, 2021
·
By Cem Turken
Insights
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