US corn exporters are eyeing the anticipated drop off in Brazilian corn production as a potential late boon to the export slate in a...

Base metals prices on the London Metal Exchange were little changed and consolidating this morning, Wednesday May 12, this after some choppy trading in recent days.

Exports of ferrous materials from India could become more logistically challenging in the coming weeks while the country battles the Covid-19 pandemic, market participants have told Fastmarkets.

Turkish steel producers continued to pay higher prices for deep-sea scrap after securing more billet sales into China, market participants told Fastmarkets on Tuesday May 11.

Turkish steel producers took a break from making deep-sea scrap purchases on Monday May 10 after last week’s buying spree that raised prices by $39 per tonne week on week, sources told Fastmarkets.

Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were, for the most part, a lot stronger this morning, Monday May 10, but broader markets were mixed.

Global steel scrap prices surged in the week to Friday May 7 and could well break through the $500 per tonne cfr mark, starting in Asia, market sources have told Fastmarkets.

Prices for shredded steel scrap imported into South Asia continued to rise on Friday May 7 but buyers were hesitant about booking material, sources have told Fastmarkets.

Turkish deep-sea scrap import prices continued to rise in the latest bookings agreed for June shipments, market sources said on Friday May 7.

Seaborne coking coal prices continued to increase in the cfr market on Friday May 7 amid expectations of further tight supply beause of the political tensions between China and Australia, market sources said. The fob market remained largely stable on the day amid soft buying activity.