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US HRC price hits more than 20-month high of $35.19/cwt
Hot-rolled coil spot prices in the United States have surpassed $35 per hundredweight for the first time since March 2019.
November 10, 2020
·
By Patrick Fitzgerald
Insights
Argentine grain receivers resume direct actions as salary talks fail
The union representing Argentina's grain receivers, Urgara, has announced that they will resume direct industrial action after...
November 9, 2020
·
By Juan Pedro Tomas
Insights
Japan’s Mitsui to sell stake in Caserones copper mine in Chile
Mitsui is to sell all of its 22.63% stake in Chile's Caserones copper mine, after posting a capital loss of more than ¥7 billion ($67.5 million), the Japanese company said on Monday November 9.
November 9, 2020
·
By Julian Luk
Insights
MORNING VIEW: Base metals prices mainly higher on weaker dollar as Joe Biden becomes president-elect
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Monday November 9, after markets reacted positively to Joe Biden winning the US presidential election and the resulting weaker dollar.
November 9, 2020
·
By William Adams
Insights
China’s unwrought copper imports jump, copper concs imports flat in Jan-Oct
Imports of unwrought copper and copper products to China rose significantly in the first 10 months of this year, according to customs data released on Saturday November 7.
November 9, 2020
·
By Julian Luk
Insights
Deals lower US hot-rolled coil index; $35/cwt still seen as imminent
Though confirmed deals lowered hot-rolled coil prices in the United States on Friday November 6, the spot market may well hit $35 per hundredweight ($700 0per short ton) soon due to limited availability and rising raw material costs, according to sources.
November 7, 2020
·
By Patrick Fitzgerald
Insights
PRICING NOTICE: Launch of two copper concentrates index coefficients
Fastmarkets has launched two new coefficients for the copper concentrates market, with data available from November 2 and an update published for the first time on Friday November 6.
November 6, 2020
·
Insights
SHFE STOCKS REPORT 06/11: Minimal movement in inventories; lead up 6.5%
Deliverable stocks of base metals in Shanghai Futures Exchange-registered warehouses were little moved in the week to Friday November 6, with the biggest percentage change seen in lead at 6.5%.
November 6, 2020
·
By Karen Ng
Insights
PRICING NOTICE: Proposal to amend pricing frequency of zinc spot concentrate TC price assessment
Fastmarkets is proposing to amend the frequency of its zinc spot concentrate treatment charges (TC) price assessment to fortnightly from its present monthly timing.
November 6, 2020
·
Insights
FOCUS: China’s new steel scrap standards ‘will pave way for imports’
Market participants in China are increasingly confident that Chinese authorities will revive steel scrap imports into the country in 2021 following the release of new domestic scrap classification standards.
November 5, 2020
·
By Jessica Zong
Insights
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