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TAIWAN STEEL SCRAP: China’s looming presence spurs supply concerns
China's looming presence as a new buyer in the Asian seaborne scrap market has sparked concerns of tight supply in the region, including in Taiwan, sources told Fastmarkets this week.
January 8, 2021
·
By Paul Lim
Insights
Arg. corn trade to guarantee domestic supply in bid to restart exports
Argentina’s farming sector has offered an olive branch to the national government in a bid to cool mounting tensions around...
January 8, 2021
·
By Juan Pedro Tomas, Timothy Worledge
Insights
MORNING VIEW: Base metals prices mixed, equities stronger on further reflation expectations
Base metals prices were pausing and precious metals were mainly on a back footing this morning, Friday January 8, with sentiment generally bullish on the prospects for greater fiscal spending out of the United States when Joe Biden becomes the president in a few weeks’ time.
January 8, 2021
·
By William Adams
Insights
FIS completes first brokered cobalt trade on CME
Freight Investor Services (FIS) completed the first brokered trade of the CME Group’s cash-settled cobalt futures contract on Thursday January 7, the company told Fastmarkets.
January 8, 2021
·
By Susan Zou
Insights
US HRC price soars past $54 per cwt
Confirmed purchasing activity and extraordinarily volatile raw material costs have propelled hot-rolled coil prices in the United States past $54 per hundredweight.
January 8, 2021
·
By Patrick Fitzgerald
Insights
Albemarle announces expansion plans at Nevada lithium extraction site
US-headquartered lithium producer Albemarle Corp will double lithium carbonate output at its brine-sourced production facility, Silver Peak, based in Nevada, it said on Thursday January 7.
January 7, 2021
·
By Dalila Ouerghi
Insights
MORNING VIEW: Base metals continue higher while gold pulls back
Markets remained upbeat on the morning of Thursday January 7 despite the outbreak of violence in Washington, DC, with nickel joining copper and tin in setting fresh new multi-month highs but gold turning lower.
January 7, 2021
·
By William Adams
Insights
US hot-rolled coil index lurches back above $51.50/cwt
Hot-rolled coil prices in the United States rebounded on Wednesday January 6, but talk of lower deals remained in the market.
January 7, 2021
·
By Grace Asenov
Insights
Argentina’s trade hurries to register wheat as export fears mount
Exporters and traders have accelerated wheat export registrations from Argentina as concern mounts that the government could...
January 6, 2021
·
By Masha Belikova
Insights
PRICING NOTICE: Proposal to launch cfr China steel billet price
Fastmarkets is proposing to launch a weekly import price assessment for steel billet on a cfr China basis.
January 6, 2021
·
By Jessica Zong
Insights
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