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The MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents/lb rationale mistakenly quoted the London Metal Exchange cash/three month spread to be trading at a $0.15 per tonne contango at the time of assessment on Wednesday. That is now corrected to read that it was trading at a $37 per tonne contango at the time of assessment.Fastmarkets’ […]
Fastmarkets received an array of feedback regarding the proposed changes following the publication of the initial consultation on February 24 and the subsequent extension to the consultation on March 26 to April 9. After carefully reviewing the feedback received, Fastmarkets has decided to proceed with the inclusion of Greatpower cut cathodes, Hanrui cut cathodes, Lygend cut cathodes, and […]
A recent consultation sought feedback on the inclusion of brands into the cobalt standard grade brand list. The feedback received was mixed in its support of adding a powder brand; as a result, Fastmarkets is reopening part of the previous consultation to seek further feedback and clarity on the proposed change. Due to a limited […]
The publication of Fastmarkets’ MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China on Tuesday April 15 was delayed because of a technical issue. Fastmarkets’ pricing database has been updated. The following price was affected: MB-CHO-0003 Chrome ore South Africa UG2/MG concentrates index, cif China, $/tonne The price is a part of the Fastmarkets ores […]
Fastmarkets invited feedback from the industry on the pricing methodology for iron ore indices, via an open consultation process between March 10 to April 7 2025.This consultation was done as part of our published annual methodology review process. A full list of all the prices covered can be found in the original consultation. Fastmarkets received feedback […]
Tariffs are creating a short-term period of volatility, but are not shifting conviction on the long-term fundamentals of the copper market, the chief executive officer of Rio Tinto Copper has said
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