Key data from the March 9 pricing session in LondonKey driversThe price for standard-grade cobalt increases on the top end of the range; sellers hold firm with offers and are in little rush to drop them for low-volume inquiries. The alloy-grade price holds firm, with several sellers citing market tightness on good demand being reported in the aerospace, medical implant and other downstream ma...Read More
Key data from the Friday March 6 pricing session in Shanghai.Key drivers Export price for China-origin electrolytic manganese flake plunges after exporters lower their offer prices in a quiet market. Overseas...Read More
German chemical conglomerate BASF, Russian miner Nornickel and Finnish state-owned energy company Fortum have signed a letter of intent for a battery recycling cluster in Harjavalta, Finland, serving the electric vehicles (EV) market. The joint venture aims to foster the production and use of responsibly produced recycled raw materials in the battery market, using closed-loop recycling to re-use t...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday March 6. China The UG2 chrome ore price hit its lowest level since April 2016 in its third consecutive week of decline. Spot Chinese ferro-chrome prices steady due to the market awaiting March tender prices from...Read More
US non-ferrous scrap export volumes in January increased by only 1% compared with a year previous, according to data from the US Department of Commerce. Volumes totaled 233,878 tons in January, up from 231,593 tons in January 2019.Of the six scrap metal categories tracked by Fastmarkets - aluminium, used beverage cans (UBCs), copper, lead (other than lead-acid batteries), nickel and zinc - UB...Read More
The Chinese government has announced a fourth quota for copper scrap imports, which importers must apply for to bring scrap material into China.A total of 3,520 tonnes of copper scrap will be allowed to enter into China under the latest quota, according to a release on Saturday March 7 from the China Solid Waste & Chemicals Management Bureau, which is part of the Ministry of Ecology and Environmen...Read More
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Global economy continues taking coronavirus damage ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lates...Read More
Aluminium The LME three-month aluminium price registered a...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus dow...Read More
Copper breaks below its 2019 low ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
Waiting to see how much...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it...Read More
Lots of EV news, but little is particularly...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest iss...Read More
Tin looks more resilient...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it...Read More
Zinc prices break to fresh multi-year...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Base metals prices were up across the board this morning, Tuesday March 10, on expectations that central banks and governments will step in to stop the rout. This follows Monday’s slump across a broad set of assets that saw the base metals on the London Metal Exchange down by an average of 4.3% at their lows, oil futures slump by more than 35%, the Dow Jones Industrial Average Index (DJIA) of...Read More
U.S. equity index futures were sharply higher this morning. S&P 500 futures were up 80 points in pre-opening trade. Index futures responded to news that the Trump Administration will announce fiscal measures later today to offset coronavirus fears.Crude oil recovered $3.11 to $34.24 per barrel on rumors that Russia and key OPEC members will resume negotiations on production quotas.UPS gained $...Read More
Here are five Fastmarkets stories you might have missed on Friday March 6 that are worth another look.Most flat steel import prices in South America have remained unchanged in the week ended March 6, in a market lull before the start of negotiations for May shipments, although sellers were indicating that more expensive offers would be presented in the weeks ahead.The International Copper Study Gr...Read More
Here are five Fastmarkets stories you might have missed on Friday March 6 that are worth another look.Most flat steel import prices in South America have remained unchanged in the week ended March 6, in a market lull before the start of negotiations for May shipments, although sellers were indicating that more expensive offers would be presented in the weeks ahead.The International Copper Study Gr...Read More