Become a customer

IN CASE YOU MISSED IT: 5 key stories from November 13

Here are five Fastmarkets MB stories you might have missed on Wednesday November 13 that are worth another look.

November 14, 2019
By Generic people page
Base metals Copper

The London Metal Exchange is seeking to launch a new cash-settled main Japanese ports (MJP) aluminium premium contract settled against a Fastmarkets price, the exchange said on November 13.

Low demand for long steel products such as rebar was at the root of the problems facing the steel industry, according to the International Rebar Producers & Exporters Association (Irepas).

Shanghai copper cathode premiums continued to soften in the week ended Tuesday November 12 as a result of low buying interest and a poor import arbitrage, while rates in Europe and the United States were unchanged week on week.

Prices for seaborne low-grade and high-grade manganese ore were on divergent paths in the week ended Friday November 8, with the former continuing to trend downward on persistently weak market sentiment while the latter experienced a slight rebound following a number of large-volume deals.

A cutback in chrome ore production is needed to rebalance the surplus affecting the ferro-chrome supply chain, delegates claimed at this week’s ICDA Chromium 2019 conference in New Delhi, India.

What to read next
Delayed publication of Shanghai copper premiums
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
December 23, 2024
 · 
By Callum Perry
Proposal to amend frequency of some US base metals premiums
Fastmarkets proposes to amend the frequency of the publication of several US base metal price assessments to a monthly basis, including MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US; MB-SN-0036 tin 99.85% premium, in-whs Baltimore; MB-SN-0011 tin 99.85% premium, ddp Midwest US; MB-NI-0240 nickel 4x4 cathode premium, delivered Midwest US and MB-NI-0241 nickel briquette premium, delivered Midwest US.
December 2, 2024
 · 
By Rae Boyadjis
Possible Trump tariffs on Canada, Mexico spur alarm in US aluminium market
The news that President-elect Donald Trump is considering additional tariffs on goods from China as well as on all products from US trading partners Canada and Mexico has spurred alarm in the US aluminium market at a time that is usually known to be calm.
November 27, 2024
 · 
By Yasemin Esmen
City, Urban, Railing
How global copper, nickel markets will drive the outlook for cobalt in 2025
Unlike most other commodities, cobalt is primarily a by-product – with 60% derived from copper and 38% from nickel – so how will changes in those markets change the picture for cobalt in the coming months following a year of price weakness and oversupply in 2024?
November 26, 2024
 · 
By Angeline Shi
Copper recycling must accelerate to meet green energy demand, IEA says
Copper recycling will become increasingly critical as the world transitions to cleaner energy systems, the International Energy Agency (IEA) said in a special report published early this week.
November 25, 2024
 · 
By Carman Chew
Proposal to reduce frequency, increase timing window of US low-carbon aluminium differentials
Fastmarkets proposes to lower the frequency of its assessments for MB-AL-0389 aluminium low-carbon differential P1020A, US Midwest and MB-AL-0390 aluminium low-carbon differential value-added product US Midwest. Fastmarkets also proposes to extend the timing window of these same assessments to include any transaction data concluded within up to 18 months.
November 21, 2024
 · 
By Yasemin Esmen