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Queues for aluminium halved at Istim warehouses in Port Klang
Waiting times for aluminium at Istim warehouses in Port Klang, Malaysia, fell to just 30 days at the end of November, according to the London Metal Exchange’s latest queue report.
December 11, 2020
·
Insights
MORNING VIEW: LME base metals prices consolidate after many set fresh highs on Thursday
Base metals prices on the London Metal Exchange were down across the board this morning, Friday December 11, this after copper, zinc, nickel and tin set fresh highs for the year either on Thursday or earlier this morning.
December 11, 2020
·
By William Adams
Insights
TAIWAN STEEL SCRAP: Prices at historical high on shipping delays, buyers seek bulk imports
Spot import prices for containerized ferrous scrap into Taiwan hit a historical high in the week to Friday December 11, because of delays to shipments from the United States West Coast, sources told Fastmarkets this week.
December 11, 2020
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By Paul Lim
Insights
Canada starts anti-dumping investigation into rebar from Oman, Russia
The Canada Border Services Agency (CBSA) has initiated an anti-dumping investigation into imports of specific concrete rebar from Oman and Russia, the agency said on December 4.
December 10, 2020
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By Patrick Fitzgerald
Insights
Traders unfazed as S. Korea’s feed sector buys corn despite bird flu
Traders have responded coolly to news that South Korea is battling an outbreak of avian flu, with most agreeing that the...
December 10, 2020
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By Veronika Prykhodko
Insights
CORRECTION: US ethanol output rebounds 17,000 b/d on week, stocks build
US ethanol production hit 991,000 b/d in the week ending December 4, the highest level since Covid-19 restrictions were...
December 9, 2020
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By Fastmarket team
Insights
PRICING NOTICE: Base metals pricing, coverage over holiday period
A reminder of Fastmarkets base metals pricing and coverage during the Christmas period.
December 9, 2020
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Insights
Aurubis’ annual earnings surge on higher copper scrap RCs
Aurubis, Europe's biggest copper producer, posted improved earnings in its latest annual results, largely thanks to higher scrap refining charges (RC) since its acquisition of recycling firm Metallo in May 2020.
December 9, 2020
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By Julian Luk
Insights
MORNING VIEW: Base metals remain strong with tin, nickel and zinc setting fresh 2020 highs
The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.
December 9, 2020
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By William Adams
Insights
Tianqi Lithium introduces strategic investor Australia IGO
China’s Tianqi Lithium’s wholly-owned subsidiary Tianqi Lithium Energy Australia Pty Ltd (TLEA) has brought in new strategic investor Australia-listed IGO Ltd as a 49% stakeholder, with both parties signing an initial investment agreement on Wednesday December 9.
December 9, 2020
·
By Carrie Shi
Insights
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