March 2024

SHFE lead posts largest gain amid mixed base metal price movements

Base metal prices on the Shanghai Futures Exchange (SHFE) moved in divergent directions during morning trading on Friday March 29, with lead again posting the largest gain.

LME base metals prices mostly up ahead of Easter break

Lead saw the biggest gains among the base metals on the London Metal Exchange, with the whole complex, bar tin, rising by the 5pm close ahead of the Easter break on Thursday, March 28.

Australian alumina market finds support following fresh liquidity

Key data from Fastmarkets’ alumina pricing session on Thursday March 28.

Base metals warrant report for March 27

A summary of the London Metal Exchange base metals warrant premiums from across the globe in the two weeks ended Wednesday March 27.

Seaborne iron ore prices largely stable; concentrate premiums drop on weak demand

Seaborne iron ore prices were largely stable on Thursday March 28 in line with futures and swap prices, while mid-grade iron ore fines and high-grade concentrates were traded in lower price premiums in the seaborne spot market, sources told Fastmarkets.

Asia coking coal prices rise slightly following trade for Australian prime hard coal

Asian coking coal prices increased slightly on Thursday March 28 after a new trade was concluded, market sources told Fastmarkets.

Chinese HRC prices continue declining, CISA calls for production cut

China's hot-rolled coil prices remained on a downtrend on Thursday March 28 amid weak demand.

LME nickel price biggest mover in mild market conditions

Nickel was the standout performer of the London Metal Exchange base metals on Thursday March 28, in an overall mixed trading session.

China domestic rebar prices set new Q1 low

China's domestic rebar prices remained on their downward trend on Thursday March 28 due to weak demand, with prices hitting their lowest point for the first quarter of 2024, sources said.

China's domestic stainless steel prices fall on weak demand, lower nickel prices

China’s domestic stainless steel prices decreased over the week ended Wednesday March 27 due to weaker demand for stainless steel and a drop in nickel prices.