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VIETNAM STEEL SCRAP: Buyers cautious amid falling steel prices in China
Import prices for ferrous scrap in Vietnam continued to fall in the week to Friday May 28 due to sentiment weakened by plunging steel prices in China recently.
May 28, 2021
·
By Paul Lim
Insights
DAILY STEEL SCRAP: Mills step back from deep-sea bookings again, prices begin to slide
Turkish steel producers again stepped away from the deep-sea scrap market after a downturn in steel billet and finished steel prices, triggered by falling prices in China, market participants told Fastmarkets on Thursday May 27.
May 27, 2021
·
By Cem Turken
Insights
FOCUS: Copper-producing countries want to reap benefits of record price
Copper's price is trading at all-time highs - and now the countries where it is mined the most want a piece of the action.
May 27, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Most LME base metals trying to rebound, but copper struggling
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed during the morning of Thursday May 27, as were broader markets – are these pauses, or early signs of a stall?
May 27, 2021
·
By William Adams
Insights
PRICING NOTICE: Open consultation on methodology for global pulp
Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for global pulp, as part of its announced annual methodology review process. This consultation, which is open until June 18, 2021, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities […]
May 27, 2021
·
By Steven Sachoff
Insights
PRICING NOTICE: India steel scrap shredded index now twice-weekly
Fastmarkets has increased the frequency of its India steel scrap shredded index to twice-weekly from Tuesday May 25, 2021, following a consultation period which ended on May 20.
May 25, 2021
·
By Ross Yeo
Insights
DAILY STEEL SCRAP: Downturn in Chinese steel market keeps Turkish mills away from firm offers
Turkish steel mills skipped the second working day of the week with no deep-sea bookings amid negative signals from the Chinese steel industry, market participants told Fastmarkets on Tuesday May 25.
May 25, 2021
·
By Cem Turken
Insights
Arg. inflation steps ‘counterproductive’, stokes farmer uncertainty
The latest interventionist measure imposed by Argentina’s government, a 30-day export ban on beef to control domestic...
May 25, 2021
·
By Liliana Minton
Insights
MORNING VIEW: Base metals’ recent corrections once again run into dip-buying
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mainly positive on the morning of Tuesday May 25, with only SHFE lead showing significant weakness.
May 25, 2021
·
By William Adams
Insights
FOCUS: What China’s possible new steel export taxes mean for global ferrous industry
Market chatter about China possibly imposing new export taxes for steel as part of commodity price cooling measures has been rampant in the past week, causing traders and market participants to re-think their trading strategies, and overseas buyers to consider a potential supply shortfall.
May 25, 2021
·
By Alex Theo
Insights
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