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MORNING VIEW: Metals encounter resistance in high ground, in danger of looking top-heavy
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were generally weaker on Thursday June 3 morning, although nickel bucked the trend on both exchanges.
June 3, 2021
·
By William Adams
Insights
NEWSBREAK: China stopping inspections on 5 grades of ferrous scrap
Five grades of steel scrap will no longer need to undergo customs inspections at ports in China when they are imported into the country, beginning on June 10.
June 3, 2021
·
By Tianran Zhao
Insights
Steel Success Strategies and green steel: the US perspective
Green shoots are forming in the approach to clean steelmaking in the United States, with a new administration putting an increased emphasis on sustainability. The topic will be a key part of Fastmarkets' Steel Success Strategies conference, to be hosted June 21-24 in conjunction with World Steel Dynamics.
June 3, 2021
·
Insights
DAILY STEEL SCRAP: Market holds out for rebar demand recovery to support
Turkish steel mills remained largely silent in the deep-sea scrap import markets due to continued sluggish finished steel demand in both domestic and export outlets, market participants told Fastmarkets on Wednesday June 2.
June 2, 2021
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By Cem Turken
Insights
PRICING NOTICE: Amendment to copper concentrate TC/RC index methodology
Fastmarkets has decided to revise the outlier detection method used in the calculation of its copper concentrate treatment and refining charge (TC/RC) index.
June 2, 2021
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By Julian Luk
Insights
MORNING VIEW: Zinc, tin prices eye the upside; rest lose upward momentum
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday June 2 - zinc and tin prices were up on both exchanges and were looking robust, while the others have lost recent upward momentum.
June 2, 2021
·
By William Adams
Insights
PRICING NOTICE: Switch to using monthly wood products forecasts in IC dashboards
With effect from June 2021, Fastmarkets RISI has switched to using monthly wood products forecasts in dashboards on the Intelligence Center. Previously Fastmarkets RISI had shown quarterly forecasts for wood products, as for other grades. However, due to the extreme volatility in the markets at present, this has led to discrepancies between the forecasts and […]
June 2, 2021
·
Insights
ENERGY TRANSITION: The complex path to net zero
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”
June 2, 2021
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By Andrea Hotter
Insights
EUROPE HRC WRAP: Shortage drives prices further up, but market wary of China price fall
Domestic prices for hot-rolled coil in the EU increased in the week to Friday May 28, supported by continuing coil shortages and good demand.
June 1, 2021
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By Maria Tanatar
Insights
G7 criticizes subsidies driving overcapacity in steel, aluminium
Leaders of the Group of Seven (G7) countries have reaffirmed their commitment to fair trade and criticized the use of subsidies that create excess capacity, including in steel and aluminium.
June 1, 2021
·
By Andrea Hotter
Insights
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