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Following extensive market engagement, Fastmarkets MB is extending the consultation period for amendments to the specification of its spodumene 5-6% cif China price and proposal to discontinue its 5-6% fob Australia and 7-7.5% cif China prices to provide additional time for market participants to submit feedback.
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were for the most part little changed to firmer this morning, Monday September 21, with only December nickel in Shanghai showing a loss.
Hot-rolled coil prices in the United States have risen for the fourth day in a row, with buyers divided on whether prices will remain at relatively elevated levels through the end of the year.
Most trade associations reacted positively to the surprise announcement on Tuesday September 15 that the United States was removing tariffs on aluminium imported from Canada, but some took issue with the quota system that has taken its place.
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