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Correction to Phila scrap price
Fastmarkets has corrected its consumer buying prices for steel scrap No1 bundles, delivered mill Philadelphia and steel scrap No1 busheling, delivered mill Philadelphia based on further pricing data submitted for the domestic ferrous scrap monthly trade in February
February 9, 2022
·
By Sean Barry
Insights
Rebar futures slide after China announces ‘supervisory’ role in iron ore market
A sudden downturn in rebar futures on the SHFE put pressure on spot prices on Wednesday February 9, after a slump in iron ore futures was sparked by news that the Chinese authorities plan to strictly supervise speculation about the iron ore market
February 9, 2022
·
By Jessica Zong
Insights
US wheat stocks to remain steady: Fastmarkets AgriCensus Wasde preview
Ending stocks are expected to remain steady for US wheat in the USDA's upcoming monthly update
February 8, 2022
·
By Masha Belikova
Insights
Nornickel’s Global Palladium Fund launches physically-backed ETC for EV metals
The launch of this exchange-traded commodity will be one of the first exchange-traded products offering carbon-neutral nickel
February 8, 2022
·
By the Fastmarkets team
Insights
Traditional blast furnace-based steelmakers need to adapt to remain relevant – Gunung Capital
Steelmakers will need to adapt quickly to the burgeoning decarbonization movement in Asia to remain relevant, Gunung Capital managing partner Kelvin Fu told Fastmarkets in an interview
February 8, 2022
·
By Alex Theo
Insights
Graphite demand from EV battery sector forecast to rise over 35% in 2022
The supply-demand balance has been updated based on our expectations for growth from the EV battery sector
February 8, 2022
·
By Amy Bennett
Insights
Correction to pricing rationale of Fastmarkets’ Iron ore 62% Fe low-alumina fines
Fastmarkets has corrected the pricing rational for MB-IRO-0144 Iron ore 62% Fe low-alumina fines, cfr Qingdao, which was published incorrectly on Thursday February 3 due to an input error
February 4, 2022
·
Insights
Brazil’s soybean output set to fall further as dry weather persists
Tough weather conditions mean lower yields for Brazil's soybean crops
February 3, 2022
·
By Marcela Caetano
Insights
New lithium market cycle offers growing opportunities for traders
The rebound in global demand for and prices of lithium compounds is creating a market environment that is increasingly attractive for commodity traders
February 3, 2022
·
By the Fastmarkets team
Insights
Cobalt recycling operations help EV industry meet metals recycling targets
As demand for cobalt continues to significantly increase, actors in the supply chain look to ensure they can access more sustainably sourced battery raw materials
February 2, 2022
·
By Justin Yang
Insights
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