Most base metals registered declines in inventories at Shanghai Futures Exchange-registered warehouses during the week to Friday July 30, although lead was up by 6.5% and nickel rose by 1.5%.
Fastmarkets is launching a one-month consultation on several proposed updates to the wording of its assessment methodology.
China will raise its export tariffs on ferro-chrome and high-purity pig iron from August 1, its Ministry of Finance said on Thursday July 29.
China will cancel more rebates of value-added tax for some steel exports from August 1, its Ministry of Finance said on Thursday July 29.
_465x310.jpg)
Base metals prices on the London Metal Exchange were up across the board during morning trading on Thursday July 29 given a range of price-supportive events, with nickel the standout...
Civil unrest, Covid-19 and supply curbs – three factors that could keep cobalt prices high through 2021
Base metals prices on the London Metal Exchange were down across the board on Tuesday July 27, after a generally upbeat day on Monday, while the base metals on the...
.png)
Explosive growth in renewable diesel production has led to an extremely tight US soybean oil supply/demand situation that could take months, if not years, to alleviate.
Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.
The Vietnam Steel Association (VSA) is leading an industry-wide pushback against the country’s proposed export tax of 5% on steel billet, it said on Friday July 23.
