Fastmarkets proposes to amend the specifications of its premium hard coking coal indices to align more closely with the most prominent low-vol products traded in the spot market. These amendments will apply to both the fob DBCT and cfr Jingtang indices.

US hot-rolled coil prices continue their upward march as sources increasingly debate not whether the trend is sustainable into 2021 but for how long into next year current price levels might hold.

Surging corn prices in key South American export hubs have forced Vietnam’s corn suppliers to seek other origins, potentially...

The London Metal Exchange will launch a lithium contract based on the monthly average of Fastmarkets’ price assessment for lithium hydroxide monohydrate, it said during an online briefing on Thursday October 22 as part of the annual LME Week event.

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.

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.

Base metals prices on the London Metal Exchange were weaker this morning, Thursday October 22, this after a day of general strength on Wednesday that saw copper prices climb, intraday, back above $7,000 per tonne.

Hot-rolled coil prices in the United States have remained steady above $33.50 per hundredweight ($670 per short ton); meanwhile, market activity has slowed, with buyers waiting to purchase more material amid expected additional increases and rising offer prices.

Sellers of soymeal and soyoil out of Argentina have lifted offers for nearby loading of the product

A global boom in home appliance sales during the Covid-19 pandemic is causing a shortage in flat steel supplies in China, and in turn supporting prices, Fastmarkets has heard.