SHFE base metal price movements mixed; lead posts largest gain

Base metal prices on the SHFE Futures Exchange (SHFE) were in mixed movements on Friday April 19, with lead posting the largest gain.

19 April 2024 Ruby Liu

Asian black mass payables remain firm, dash for material tightens EU supply

Greater demand for black mass in Asia could be hampering the supply of higher-quality material from Europe, sources told Fastmarkets in the week to Thursday April 18.

18 April 2024 Lee Allen, Tianran Zhao

BASF moves closer to battery metal recovery with new prototype plant start-up

Chemicals firm BASF announced on Wednesday April 17 that it has started operations at its prototype metal refinery for lithium-ion battery recycling in Schwarzheide, Germany.

18 April 2024 Lee Allen

LME base metals prices continue to rally; tin, copper reach fresh 2024 highs

Base metal prices on the London Metal Exchange were largely trading higher at the 5pm close on Thursday April 18, with tin and copper reaching fresh 2024 highs amid broad-based upward pressure driven by positive macroeconomic sentiment.

18 April 2024 Imogen Dudman

Energy trader Vitol returns to metals space amid growing demand for energy transition materials

Energy trading company Vitol Group is set to move back into metals trading, while interest for materials associated with the ongoing global energy transition grows, Fastmarkets understands.

18 April 2024 Imogen Dudman

Nickel market reaction to new sanctions largely muted; GCHL bans Russian material from new trading platform

The reaction to new sanctions placed on the trading of Russia-origin nickel on venues such as the London Metal Exchange has been largely muted for physical market participants, Fastmarkets understands.

18 April 2024 Callum Perry

LME base metals rise on improved risk appetite, fresh aluminium, copper cancelations

Base metals prices on the London Metal Exchange rose at the open of trading on Thursday April 18 on an improved ‘risk appetite’ and bullish conditions prompted by the fresh restrictions on handling new Russia-origin metal.

18 April 2024 Laura Roberts

China's domestic stainless steel prices rise following metal sanctions on Russia

Domestic stainless steel prices in China rose in the week to Wednesday April 16 following expectations of an increase in nickel prices on the back of fresh metal sanctions on Russia, sources said.

18 April 2024 Jessica Zong

Most SHFE base metal prices rise on economic tailwinds

Most base metal prices on the Shanghai Futures Exchange (SHFE) continued to climb on Thursday April 18 on the back of positive sentiment following faster-than-expected growth in China’s economy in the first quarter of 2024.

18 April 2024 Yiwen Ju

LME base metals prices rise; sanctions remain front of mind

Base metals prices on the London Metal Exchange were well supported at the 5pm close of trading on Wednesday April 17, with sanctions remaining front of mind for many.

17 April 2024 Laura Roberts