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Pakistan to use Fastmarkets’ ferrous scrap index for customs valuations
Pakistan's government has said that Fastmarkets' import index for ferrous scrap will be used for customs valuations of ferrous scrap, according to an official ruling published on February 25.
March 1, 2021
·
By Carrie Bone
Insights
Better corn yield cuts Mexico’s 2021 corn import outlook: GCMA
Better than expected yields in some Mexican producing regions are expected to cut the country’s 2021 corn imports by nearly...
February 26, 2021
·
By Juan Pedro Tomas
Insights
VIETNAM STEEL SCRAP: Buyers shun imports on narrow scrap-billet spreads
Spot prices in the key Vietnamese scrap import market rebounded strongly during the week to Friday February 26, even though buyers with inventories were not actively purchasing due to high prices and the narrow scrap-billet spread, according to market sources.
February 26, 2021
·
By Paul Lim
Insights
US hot-rolled coil index closes in on $1,240/t
Hot-rolled coil prices in the United States continue to hit record highs, with further upside expected, Fastmarkets understands.
February 26, 2021
·
By Patrick Fitzgerald
Insights
Comex rise sparks Cu scrap woes; prices soar in US
The United States' copper scrap market has been thrown out of balance since the price for the red metal surged above the $4 per lb on Comex this week.
February 26, 2021
·
By Rijuta Dey
Insights
Trade casts doubt on India’s ambitious wheat crop forecasts
India-based trade sources have reacted coolly to news that the country is on track to produce a second consecutive record...
February 25, 2021
·
By Masha Belikova
Insights
Iron ore enters an age of change
Market growth and decarbonization collide to create an unclear future for steelmaking
February 25, 2021
·
Insights
LIVE FUTURES REPORT 25/02: Aluminium, copper rise 2% to new highs
Aluminium crossed the $2,200-per-tonne mark and copper continued to extend its bullish rally on the London Metal Exchange during morning trading on Thursday February 25, with a softer US Dollar Index supporting higher prices in the complex.
February 25, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Cu, Al, Sn prices steam ahead, others consolidate
Apart from nickel on the London Metal Exchange, the rest of the base metals on both the LME and Shanghai Futures Exchange were once again stronger this morning, Thursday February 25.
February 25, 2021
·
By William Adams
Insights
US hot-rolled coil index climbs past $61/cwt to another record
Hot-rolled coil prices in the United States have risen yet again to an all-time high after buyers perceived that the tight availability of spot material likely will not loosen up before domestic mills begin a series of maintenance outages.
February 24, 2021
·
By the Fastmarkets team
Insights
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