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MORNING VIEW: Base metals prices slip as rally runs into resistance, dollar firms
Base metals prices were for the most part weaker during morning trading on Monday January 11, while the dollar was firmer in line with strong US treasury yields.
January 11, 2021
·
By William Adams
Insights
US industry injured by PC strand imports, ITC says in final determination
Manufacturers in the United States have been materially injured by imports of pre-stressed concrete (PC) steel wire strand from Argentina, Colombia, Egypt, the Netherlands, Saudi Arabia, Taiwan, Turkey and the United Arab Emirates (UAE), the US International Trade Commission (ITC) has determined.
January 9, 2021
·
By Robert England
Insights
CHINA STEEL SCRAP: Stifled domestic prices restrict import trades
Sluggish Chinese domestic steel scrap prices mean there has been a large gap between bids and offers for imports of steel scrap this week, market sources told Fastmarkets on Friday January 8.
January 8, 2021
·
By Jessica Zong
Insights
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
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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
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