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Frost rekindles Brazil corn fears as B3 hits limits
Frost across parts of Brazil’s corn producing states, and expectations of heavier frosts to come in the days ahead, have...
June 29, 2021
·
By Timothy Worledge, Eduardo Tinti
Insights
Infinity Lithium, LG Energy Solution sign MOU for lithium hydroxide offtake
Australia-listed Infinity Lithium Corp has entered into a non-binding memorandum of understanding (MOU) for the long-term supply of battery-grade lithium hydroxide with South Korean lithium-ion battery manufacturer LG Energy Solution, the Australian company said on Monday June 28.
June 29, 2021
·
By Susan Zou
Insights
Chinese creditors sue firm for billion-yuan copper concentrate loss
Seven creditors have sued a Chinese warehousing and logistics firm to claim a loss of copper concentrate worth 1.073 billion yuan ($166 million), according to several court documents, the latest of which was released on June 23.
June 29, 2021
·
By Julian Luk
Insights
Brazil’s 2020/21 corn estimate lowered to 94m mt, new crop upgraded: USDA
The USDA’s local office in Brazil lowered the country’s 2020/21 corn output estimate by 11 million...
June 28, 2021
·
By Eduardo Tinti
Insights
WEBINAR: Spotlight on European aluminium premiums
Join Fastmarkets and the London Metal Exchange on Tuesday July 6 for a webinar about European aluminium premiums ahead of the launch of the LME’s new cash-settled futures contract.
June 28, 2021
·
Insights
Russia sets export duties on 340 metal products [CORRECTED]
The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree.
June 26, 2021
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By Amy Hinton
Insights
SSS 2021: Customer requirements, financing key drivers of decarbonization – panel
Customer requirements and financing will shape the decarbonization of the steel industry, panelists said at Fastmarkets’ 2021 Steel Success Strategies Industry Briefing earlier this week.
June 25, 2021
·
By Carrie Bone
Insights
China’s Baowu joins Xinhai and Brazil’s Vale to invest in Indonesian NPI project
China’s Baowu Steel Group has signed an agreement to jointly invest in a nickel pig iron (NPI) project in Indonesia with Brazilian miner Vale and China’s Xinhai Technology, the company announced on Thursday June 24.
June 25, 2021
·
By Yingchi Yang
Insights
CHINA STEEL SCRAP: Strong domestic Japanese market makes deals difficult
Robust demand for steel scrap in the Japanese domestic market is supporting Japanese export prices, creating a wide bid-offer gap and making it very tough for Chinese buyers to clinch any deals, sources told Fastmarkets.
June 25, 2021
·
By Lee Allen
Insights
VIETNAM STEEL SCRAP: Buyers seek bulk cargoes from Australia, US amid high Japanese offers
Steel scrap buyers in Vietnam sought out deep-sea bulk cargoes from the United States and Australia in the week to Friday June 25 amid high offers for Japanese material, sources told Fastmarkets.
June 25, 2021
·
By Paul Lim
Insights
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