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Q4 MJP aluminium talks face further delay – sources
Fourth quarter negotiations for aluminium into Main Japanese Ports (MJP) between producers and market participants have been extended for another week, with negotiations now expected to conclude on Friday September 17.
September 13, 2021
·
By the Fastmarkets team
Insights
STEEL SCRAP WRAP: Demand ramps up in Turkey, Asia
Turkey returned to the deep-sea steel scrap market with renewed vigor in the week to Friday September 10 although regional mills kept their prices stable at lower levels while those in Asia went up on healthy demand over the period.
September 10, 2021
·
By Amy Hinton
Insights
VIETNAM STEEL SCRAP: More interest for imported scrap amid surging China billet prices
Interest for ferrous scrap imports in Vietnam has increased during the week to Friday September 10 due to rebounding billet prices in China, sources told Fastmarkets.
September 10, 2021
·
By Paul Lim
Insights
MORNING VIEW: Base metals and broader markets upbeat again
Base metals prices were higher on both the LME and the SHFE this morning, Friday September 10, with the broader markets also up. Additionally, metals that were previously looking vulnerable now look less vulnerable, suggesting traders are still comfortable being exposed to the metals.
September 10, 2021
·
By William Adams
Insights
Brazil’s corn output at 4-year low on ‘most challenging crop’: Conab
Brazil will produce 85.7 million mt of corn in 2020/21, 16.4% lower on the year as weather disruptions slashed second crop...
September 9, 2021
·
By Eduardo Tinti
Insights
US-EU Section 232 pact seen sparking import surge
Steelmakers in the United States and the United Steelworkers (USW) union warned that a potential US accord with the European Union to end the dispute resulting from the former President Donald Trump administration’s Section 232 steel and aluminium tariffs could boost imports from Europe and hurt the domestic industry.
September 9, 2021
·
By Mark Shenk
Insights
GASC settles 300,000 mt wheat tender, buys mostly Ukrainian
Egypt’s state-backed grain importing agency has confirmed results of its most recent tender, picking up 300,000 mt of...
September 8, 2021
·
By Timothy Worledge
Insights
EU suggests quotas to persuade US to exempt European steel, aluminium from Section 232 tariffs
A correction has been issued for this article. The update can be found here.
September 7, 2021
·
Insights
China continues steel billet buying at higher prices amid output cut news
Steel billet buyers in China have continued to make import purchases in recent days amid expectations that further domestic production cuts will be imposed at the start of next year, sources told Fastmarkets on Tuesday September 7.
September 7, 2021
·
By Lee Allen
Insights
Brazil’s agribusiness splits on backing Bolsonaro amid rising tensions
Splits in Brazil’s agricultural hierarchy could be laid bare in the coming days after the country’s agribusiness entities went...
September 6, 2021
·
By Eduardo Tinti, Marcela Caetano
Insights
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