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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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Base metals prices on the Shanghai Futures Exchange were mostly up during Asian morning trading on Wednesday January 30, supported by improving market sentiment amid ongoing trade talks between China and the United States.
Most base metals prices on the Shanghai Futures Exchange saw a slightly negative bias during Asian morning trading on Tuesday January 29 as market participants awaited the outcome of the US-China trade talks on January 30-31, although tin bucked the trend amid ongoing supply concerns.
Here are five Fastmarkets MB stories you might have missed on Monday January 28 that are worth another look.
A joint venture between Trafigura and a Saudi Arabian company will start building a major copper, zinc and lead smelter complex in Saudi Arabia approximately one year from now, a company source has confirmed with Fastmarkets.
Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Monday January 28, with the complex gaining support from a weak US currency and improved risk appetite in the market.
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.
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