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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.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
Base metals prices on the London Metal Exchange were mixed but little changed this morning, Friday September 25, this after once again running into dip-buying on Thursday.
US hot-rolled coil prices continued to hold their ground around $30 per hundredweight ($600 per ton) amid chatter that another round of mill price hikes could be rolled out late this month or early next.
Trader Minmetals has decided to wind down its operations in the United States citing increasing uncertainty for Chinese state-backed firms operating in the North American country, Fastmarkets has learned.
Base metals prices on the London Metal Exchange were down across the board this morning, Thursday September 24, while risk-off gathered pace on concerns that the Covid-19 pandemic is spreading aggressively again.
Fastmarkets today launches two new prices for import containerized scrap and one for deep-sea bulk scrap, all on a cfr Bangladesh basis.
Hot-rolled coil prices in the United States retreated below $30 per hundredweight, with most sources seeing that level as the ceiling.
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