American Metal Market is part of Fastmarkets

The publication of Fastmarkets’ Taiwan Base Metals prices for Tuesday May 28 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

Supply disruption and financial speculation helped most base metals prices hit 2024 highs in the week to Friday May 24, yet demand remains mostly muted

The United States Trade Representative’s (USTR) office announced a further extension of all China Section 301 tariff exclusions on 352 Chinese import and 77 pandemic-related categories through June 14, after which, the tariff exclusion for China’s graphite anodes will not be extended, the USTR announced on Friday May 24

Fastmarkets is inviting feedback from the industry on the pricing methodology for its MB-IRO-0004 pig iron import, cfr Gulf of Mexico, US assessment as part of its annual methodology review process.

Fastmarkets invited feedback from the industry on the pricing methodology for its MB-STE-0185 steel cold-rolled coil, fob mill US, $/cwt; MB-STE-0186 steel hot-dipped galvanized coil (cold-rolled base), fob mill US, $/cwt; and MB-STE-0172 steel cut-to-length plate carbon grade, fob mill US, $/cwt between April 10 and May 10, 2024. This consultation was done as part of our published annual methodology review process.

The three-month copper price on the London Metal Exchange has slumped significantly since hitting an all-time high of $11,104.50 per tonne on Monday May 20