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MORNING VIEW: Base metals prices mixed, stronger dollar a headwind
Base metals prices on the London Metal Exchange were mainly weaker, while those on the Shanghai Futures Exchange were mainly firmer this morning, Thursday February 4, with the weaker dollar likely weighing on dollar-denominated prices.
February 4, 2021
·
By William Adams
Insights
Are higher copper prices here to stay?
Market fundamentals have reasserted their influence on copper pricing in the first quarter of 2021, but macro forces are expected to push and pull the red metal’s price in the near term, driving volatility.
February 2, 2021
·
Insights
Fastmarkets’ low-carbon aluminium differentials to bring transparency to emerging trend
Market participants in the aluminium industry are calling for more transparency in low-carbon aluminium pricing, following recent global initiatives to lower carbon emissions that have created greater demand for such products.
February 2, 2021
·
Insights
MORNING VIEW: Base metals prices mixed while participants await developments, especially on US stimulus negotiations
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed, albeit with a downside bias, during morning trading on Tuesday February 2, while silver was consolidating below highs but above its recent trading range.
February 2, 2021
·
By William Adams
Insights
US steel importers call for end to tariffs, quotas
The American Metals Supply Chain Institute (AMSCI) is urging President Joe Biden to eliminate steel and aluminium tariffs in an effort to lower domestic costs and boost employment in the United States' metals supply chain.
February 2, 2021
·
By Mark Shenk
Insights
Trade log: US HRC – January 25-29, 2021
Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.
February 2, 2021
·
By Grace Asenov
Insights
Trade log: US HRC – January 19-22, 2021
Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.
January 26, 2021
·
By Grace Asenov
Insights
MORNING VIEW: Base metals prices, broader markets bullish
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up across the board this morning, Thursday January 21, showing dips and pauses are attracting further buying, with tin and nickel leading on the upside.
January 21, 2021
·
By William Adams
Insights
PRICING NOTICE: Amendment to No2 copper scrap discount assessment
After an extended consultation period, Fastmarkets has decided to amend its discount assessment for No2 copper scrap imported into China so that it is aligned with the country’s new import policy for such material.
January 19, 2021
·
By Julian Luk
Insights
MORNING VIEW: LME base metals prices mixed with aluminium following zinc lower
Base metals prices on the London Metal Exchange were mixed this morning, Tuesday January 19, but aluminium prices have followed recent weakness in zinc, breaking support levels in the process.
January 19, 2021
·
By William Adams
Insights
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