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The metals and mining markets are constantly changing. Stay connected to the stories driving change across the global metals markets, including the lasting effect of Russia’s invasion of Ukraine, energy price hikes, trade flow disruptions and the pull of decarbonization targets.
Our team of over 160 reporters and analysts brings you the latest metals markets analysis while diving into the important developments impacting price volatility.
We’ve got you covered across steel and steel raw materials, scrap and secondary, ores and alloys, base metals, minor metals, industrial minerals markets, including the energy transition. Make sense of what’s happening in your markets and stay one step ahead of the game.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
The Chinese domestic spot battery-grade lithium carbonate price fell by 2.1% on Thursday March 19 hitting a new low, with more European carmakers closing production due to the spread of the coronavirus (2019-nCoV) and market participants feeling increasing pressure on the whole market.
The China Iron & Steel Association (Cisa) has said that iron ore indices should be based on “real market transactions rather than being influenced by futures and swaps curves.”
Asian Pacific equity indices are firmer this morning, Friday March 20, as are many of the base metals and all of the precious metals, but given the worst no doubt lies ahead in terms of weaker demand for non-household consumables in Europe and the United States, the current upturn may be a countertrend move or a two-thirds-of-the-way-down pause.
Base metals prices on the Shanghai Futures Exchange were up across the board at the close of the morning trading session on Friday March 20, with the complex benefiting from the emergence of some modest optimism in broader markets.
Physical trading for copper in China has ground to a halt after the tumbling copper price on the Shanghai Futures Exchange (SHFE) startled the market, Fastmarkets heard.
MMG temporarily reduced productions at its Peruvian copper mine-Las Bambas following the local governments’ declaration of a 15-day state of national emergency to contain the coronavirus (2019-nCoV), the Australian-Chinese miner said on Thursday March 19.
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