Fastmarkets, the industry-leading cross-commodity PRA, announced on Thursday November 19 that CME Group has chosen Fastmarkets as the PRA for its new cash-settled cobalt futures contract, which will launch on December 14, pending regulatory review. The new contract will be listed on and subject to the rules of COMEX and settled against the benchmark daily standard-grade cobalt price assessed by Fastmarkets.

The benchmark three-month aluminium price on the London Metal Exchange fell just short of the $2,000-per-tonne mark at the 5pm close on Wednesday November 18, ending the day at $1,998 per tonne, up by 1% from the previous day’s close.

A scramble for corn and soybean planting area is likely to dominate the years ahead, as aВ surge in global and Chinese...

Japan's Panasonic has teamed up with Norwegian aluminium producer Norsk Hydro and Norway's state-owned oil major Equinor to look into developing a sustainable battery business in Norway.

The metals were looking robust this morning, Wednesday November 18, and for the most part are managing to drive higher despite concerns about the rapid spread of Covid-19 and some mixed economic data of late.

Hot-rolled coil prices in the United States held steady while more service centers tried and failed to enter the spot market for January 2021 shipments, with some buyers now unable to supply customers with enough tonnage to fulfill downstream needs.

China is expected to import a new record high of 100 million mt this calendar year despite concerns for weak global demand...

Fastmarkets proposes to amend the specifications of its manganese ore 44% Mn index.

Hot-rolled coil prices in the United States have continued to climb amid an ongoing supply squeeze and robust overall market fundamentals, Fastmarkets has learned.

Russia-based steelmaker NLMK's US subsidiary has reached a settlement with the United States government on a lawsuit regarding Section 232 tariffs on steel imports.