Fastmarkets proposes to amend the frequency of its assessments of the London Metal Exchange base metals warrant premiums to fortnightly from weekly.

Fastmarkets is proposing to amend the frequency of its zinc spot concentrate treatment charges (TC) price assessment to fortnightly from its present monthly timing.

Sentiment in the base metals markets in Europe was turning increasingly bearish, a number of participants told Fastmarkets on Tuesday June 21, with macro-economic uncertainties creating additional caution among consumers with the approach of the seasonal summer slowdown

The Shanghai Futures Exchange copper price used in Fastmarkets’ base metals arbitrage calculation on Friday July 15 has been amended due to an unprecedented market change.

The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.

This new supercycle, focused on specific commodity groups in the energy transition, has investors aiming to improve their ESG standards and approach

The benchmark three-month aluminium price on the London Metal Exchange fell just short of the $2,000-per-tonne mark at the 5pm close on Wednesday November 18, ending the day at $1,998 per tonne, up by 1% from the previous day’s close.

After a month-long consultation period, Fastmarkets has discontinued its two zinc ingot premiums for the Indian market.

Hydro’s Slovalco aluminium facility in Slovakia will stop all primary aluminium production by the end of September 2022, Hydro said on Wednesday, August 17

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