US Midwest aluminium premium ticks up on Canada rail block

The US Midwest aluminium premium reversed a more than nine-month downtrend on Tuesday February 25 with some deals concluded at slightly higher premiums, but spot opportunities remain limited and trade disruptions have amplified uncertainty.

25 February 2020 Michael Roh

WEEKLY BASE METAL PREMIUMS REPORT: 25/02

A summary of base metals premiums from across the globe for the week to Tuesday February 25.

25 February 2020 Fastmarkets MB staff

LIVE FUTURES REPORT 25/02: LME zinc shows 0.3% decline; lead tops gains in 2% uptick

The three-month zinc price on the London Metal Exchange was lower at the close of trading on Tuesday February 25, with the price edging down by 0.3% in a broadly positive trading afternoon, while lead futures topped the base-metals complex.

25 February 2020 Hassan Butt

LIVE FUTURES REPORT 25/02: Selling pressure cools with LME nickel price climbing 1.7%; tin gains 1.1%

The three-month nickel price on the London Metal Exchange outperformed its peers across morning trading on Tuesday February 25, with all base metals trading in positive territory, while complex-wide selling pressure that emerged on Monday afternoon continued to ease.

25 February 2020 Hassan Butt

FREE WEB SEMINAR: The evolution of the alumina market and key drivers

Fastmarkets will host a free web seminar on Wednesday February 26 at 10am London time, to discuss the current trends for alumina and the evolution of its pricing.

25 February 2020 Alice Mason

MORNING VIEW: Markets pause to adjust to Monday’s sell-off, but little has changed for the better

Consolidation across a broad section of markets is underway this morning, Tuesday February 25, while Monday’s sell-offs pause as markets adjust to lower prices, but little has changed for the better.

25 February 2020

LIVE FUTURES REPORT 25/02: Broad-based weakness continues in SHFE base metals; Pb bucks trend

With the exception of that for lead, base metals prices on the Shanghai Futures Exchange were down at the close of the morning session on Tuesday February 25, with heightened risk aversion after a sell-off in global equity markets overnight pressuring the market.

25 February 2020 Anna Xu

IN CASE YOU MISSED IT: 5 key stories from February 24

Here are five Fastmarkets stories you might have missed on Monday February 24 that are worth another look.

25 February 2020 Fastmarkets MB staff

LIVE FUTURES REPORT 24/02: Coronavirus fears push LME zinc price down 2.7%; copper follows amid risk-off sentiment

The three-month zinc price on the London Metal Exchange fell by more than 2% at the close of trading on Monday February 24, with downward moves taking it to its its lowest close since July 2016, while broad risk-off sentiment across the base-metals complex saw copper lose 1.2% of its outright price.

24 February 2020 Hassan Butt

Chinese copper scrap discount falls on metal price drop; cargo deliveries resume

The discount for copper scrap imported into China has fallen in February on a lower commodity price and a negative arbitrage, with the impact of virus-led delivery delays on the overseas scrap price being minimal in the Chinese market.

24 February 2020 Julian Luk