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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
·
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
US HRC price dips, but market senses another spike
Hot-rolled coil prices in the United States continue to hover near their highest levels since August 2018, with buyers preparing for still more increases from the domestic mills.
December 9, 2020
·
By the Fastmarkets team
Insights
ANALYSIS: Ukraine’s terminals compete as grain exports fall short
A significant drop in Ukraine’s grain production, coupled with the increase in port capacity in recent years could drive higher...
December 8, 2020
·
By Masha Belikova
Insights
MORNING VIEW: Base metals looking robust as they tread water in high ground
The base metals remain upbeat this morning, Tuesday December 8, and the underlying story remains the same, infrastructure spending, economic recovery, a mass of liquidity and the potential for more US stimulus.
December 8, 2020
·
By William Adams
Insights
Bureaucracy stops 600 soybean lorries at Paraguay-Brazil border
Nearly 600 Paraguayan lorries transporting soybeans and bean derivatives have been stuck at the border with Brazil for nearly...
December 7, 2020
·
By Juan Pedro Tomas
Insights
MORNING VIEW: Metals markets mixed despite China’s strong trade data
The global economy looks stronger again - Chinese exports were up by 21.1% in November year on year - but the base metals were mixed on Monday December 7, having been exceptionally strong recently , so perhaps the market realizes a lot of the good news is baked in already.
December 7, 2020
·
By William Adams
Insights
HRC prices dashes past $850/t in US; $900/t ahead?
Hot-rolled coil prices in the United States have shot past $42.50 per hundredweight ($850 per short ton), and there is little on the horizon to stop them from hitting $45 per cwt or even $50 per cwt, market participants said.
December 5, 2020
·
Insights
Argentina’s Jan-Oct corn exports hit 34.5m mt record: chamber
Argentina has exported a record 34.5 million mt of corn in the January-October period, up 10% compared with the same...
December 4, 2020
·
By Juan Pedro Tomas
Insights
PRICING NOTICE: Amendment of criteria for aluminium P1020A (MJP) quarterly premium settlement
Fastmarkets will amend the settlement criteria for its MB-AL-0001 aluminium P1020A (MJP) quarterly premium, cif Japan, $ per tonne.
December 3, 2020
·
By Karen Ng
Insights
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