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Soybean oil market dynamics, supply and price volatility in the South American region
South America, the main supplier of soybean oil to global markets, has been undergoing profound changes in recent years. The trends we are seeing in two main markets, Argentina – the world’s largest exporter of soybean oil – and Brazil, the world’s largest producer of soybeans, will shape global trade dynamics in the coming years. […]
November 13, 2024
·
By Joao Morciani
Insights
Securing IRA-compliant nickel units to get tougher | Hotter Commodities
It was already getting more difficult to source nickel qualified as compliant to the Inflation Reduction Act (IRA). Under a future Donald Trump administration, it’s likely to get harder still, in the short-term at least.
November 13, 2024
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By Andrea Hotter
Insights
India’s cost concerns in critical minerals outweigh issues in relying on imports: sources
India should invest to avoid its dependance on imports for almost 100% of its cobalt, lithium and nickel requirements, according to a report by the think tank Institute for Energy Economics and Financial Analysis (IEEFA). But slow government action and a focus on short-term costs keep India reliant on imported critical minerals, sources told Fastmarkets.
November 12, 2024
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By Callum Perry, Sahil Shaw, the Fastmarkets team
Insights
Texas rebar giant CMC gets hit with $110M anti-trust verdict in lawsuit with Pacific Steel Group
A California federal jury has issued a $110 million anti-trust verdict against Commercial Metals Company on November 5, finding the Texas-based rebar producer liable for multiple anti-trust violations, while awarding Pacific Steel Group (PSG) millions of dollars due to lost profits and additional damages.
November 12, 2024
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By Melissa VanDervort
Insights
Lagging in green steel is major risk for Chinese steelmakers
Steelmakers that lag behind in decarbonization will be first to be phased out after green steel capacity rises to meet future demand, a senior advisor from a major Chinese steel company told delegates at the China Steel Industry Summit for 2025.
November 12, 2024
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By Zihuan Pan
Insights
Proposal to launch Mexico domestic CRB and import SBS boxboard from the US assessments
Fastmarkets proposes to launch Mexico domestic CRB and import SBS boxboard from the US assessments. Fastmarkets proposes to launch two price assessments for (1) Cartonboard/Boxboard, coated recycled folding boxboard, domestic CRB kraft/grey back, 320-325 g/m2 or 16-pt, delivered, Mexico, Peso/tonne and (2) for Cartonboard/Boxboard, US export solid bleached sulfate board (SBS) 16-pt folding carton, C1S, fob, […]
November 12, 2024
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By the Fastmarkets team
Insights
Delay to November ferrous scrap settlements
Fastmarkets advises that, as of Monday November 11, certain monthly North American ferrous scrap assessments are yet to settle.
November 11, 2024
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By Sean Barry
Insights
Framing lumber prices continue to surge amid election optimism and interest rate cuts
Read a snippet of our weekly lumber report, analyzing how the US election and interest rate cuts have impacted prices.
November 11, 2024
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By Joe Pruski, the Fastmarkets team
Insights
European BEK pulp prices tumble by triple digits a third time
Access a snippet of Fastmarkets PPI Europe, our weekly deep dive into the European paper, packaging and fiber markets.
November 11, 2024
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By Eva Nyman
Insights
Publication of Fastmarkets’ steel scrap No1 busheling, delivered mill Chicago assessment on Friday November 8
On Friday November 8, 2024, Fastmarkets published MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton.
November 8, 2024
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By Sean Barry
Insights
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