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EXCLUSIVE: China’s biggest private copper smelter files for bankruptcy
China's largest privately owned copper smelter, Dongying Fangyuan, has filed for bankruptcy, kicking off a debt-restructuring process, multiple sources claimed to Fastmarkets.
August 20, 2021
·
By Julian Luk
Insights
India cuts soy and sunoil import tax to keep lid on edible oil prices
The Indian government confirmed on Friday it will reduce the import duty on soyoil and sunoil by 7.5 percentage points with...
August 20, 2021
·
By Liliana Minton
Insights
BANGLADESH STEEL SCRAP: Higher freight boosts deep-sea offers from US
Increasingly higher bulk freight rates have resulted in deep-sea cargoes of ferrous scrap being offered at higher prices to Bangladesh in the past week, sources told Fastmarkets on Thursday August 20.
August 20, 2021
·
By Lee Allen
Insights
Chinese port congestion, high demurrage rates reduce liquidity in seaborne alumina market
Many Chinese alumina buyers are currently steering clear of purchasing seaborne alumina due to persistent congestion at several Chinese ports, sources told Fastmarkets on Thursday August 19.
August 20, 2021
·
By Hui Li
Insights
Argentina’s 2021/22 corn area to reach 7.1 million ha: BAGE
Argentine farmers are expected to plant 7.1 million ha with corn in the 2021/22 crop cycle, an increase of 7.5% or 500,000 ha...
August 19, 2021
·
By Juan Pedro Tomas
Insights
USDA invests $26 million in biofuel infrastructure
The U.S. Department of Agriculture (USDA) has announced it is investing $26 million to build infrastructure to expand the...
August 19, 2021
·
By Jocelyn Garcia
Insights
Argentina’s corn reserves extend year-round export presence
The presence of huge corn stocks in Argentina’s market are likely to extend the country’s export season much longer than usual...
August 19, 2021
·
By Timothy Worledge
Insights
South Korean steel scrap imports continue revival amid higher steel output
July imports of steel scrap to South Korea increased both on a month-on-month and year-on-year basis following another strong month in June, according to data from the Korea International Trade Association.
August 18, 2021
·
By Lee Allen
Insights
RUSSIA REBAR: Domestic price rebound on influence of export duty
Domestic prices for steel rebar in Russia’s Central Federal District around Moscow narrowed upward by 2,000 roubles ($27) per tonne in the seven days to Monday August 16.
August 17, 2021
·
By Elina Virchenko
Insights
Parana low water levels ‘could last to end-2021’: INA
Low water levels in the Parana riverВ could last until the end of October and possibly even through to the end of the year, local...
August 16, 2021
·
By Juan Pedro Tomas
Insights
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