The London Metal Exchange has released the fees for its new cash-settled futures contracts
to be launched on March 11, three of which – an aluminium premium contract, an alumina futures contract and a cobalt contract – are settled against Fastmarkets MB price benchmarks.
Hot metal remains the principal method of choice for Chinese steelmakers
despite the recent surges in the price of iron ore, according to data from Fastmarkets research this week.
A consortium of metals and mining industry participants has teamed up with a blockchain technology firm to develop a platform
to improve supply chain management and create efficiencies in the sector.
US automotive industry groups have voiced concerns about potential Section 232 tariffs on imports of vehicles and vehicle parts
, arguing that such trade duties would have damaging effects across the industry.
Global miner Eurasian Resources Group will place its Boss Mining copper-cobalt unit in Democratic Republic of Congo on care and maintenance
at the end of February 2019, the company has told Fastmarkets.