Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Monday November 9, after markets reacted positively to Joe Biden winning the US presidential election and the resulting weaker dollar.

Market participants in China are increasingly confident that Chinese authorities will revive steel scrap imports into the country in 2021 following the release of new domestic scrap classification standards.

US ethanol and biodiesel producers could find themselves facing an uncertain future no matter what the outcome of the US...

There are reasons to believe the worst is over for a domestic steel market rattled by the Covid-19 pandemic, Nucor Corp president and chief executive officer Leon Topalian told attendees of Fastmarkets’ Steel Success Strategies Online conference on Monday October 26.

Uncertainty about next year’s aluminium fundamentals and consumer hesitance to commit to long-term, large-tonnage contracts has Alvance chief operating officer Guillaume De Goys expecting an active spot market in 2021.

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.

Half of the base metals prices on the London Metal Exchange have in recent days risen to multi-month highs, with copper reaching levels not seen since June 2018, and all of the metals are pushing higher this morning, Wednesday October 21.

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.

Recycled copper and aluminium that meet China’s standards for renewable metals instead of solid waste can be freely imported into the country starting from November 1, according to the Chinese Ministry of Ecology and Environment.

Comparing corn consumption, stocks, and stocks-to-use ratio globally, this year is very different to the drought year of 2012. What I think has changed is China’s demand since 2012-13, and that