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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.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
Nickel’s three-month price on the London Metal Exchange continued its uptrend during morning trading on Thursday June 27, with short-covering activity pushing the metal’s outright price higher while trade optimism supports commodity investment.
While US officials have given the impression that they will attempt to defuse the ongoing trade dispute with China at the upcoming Group of 20 (G20) summit on Friday June 28, their Chinese counterparts were less upbeat.
Base metals prices on the Shanghai Exchange broadly weakened during Asian morning trading on Thursday June 27, dragged down by a firm dollar and persisting uncertainty surrounding US-China trade relations.
European steelmakers voiced their concerns over the future viability of the UK steel industry, should the UK leave the European Union on October 31 without a deal, at the European Steel association’s (Eurofer) European Steel Day in Brussels on Wednesday June 26.
Here are five Fastmarkets MB stories you might have missed on Wednesday June 26 that are worth another look.
The Lusaka High Court in Zambia ruled on Wednesday June 26 that the appointed liquidator of Vedanta-owned Konkola Copper Mines (KCM) could not dispose of the assets, which include the country’s largest copper smelter Nchanga, according to a court document seen by Fastmarkets.
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