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China soybean crush plunges to 6-mth low, stocks jump
China's weekly soybean crush volume slumped to its lowest level since early April as operation rates dropped sharply amid an...
October 15, 2020
·
By Johnny Huang
Insights
MORNING VIEW: Base metals, broader prices mixed on cooling market sentiment
Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.
October 15, 2020
·
By William Adams
Insights
Russia’s Vyborg Cellulose starts WTK production
Vyborg Cellulose, a Russian producer of unbleached kraft pulp and containerboard which went bankrupt at the end of 2018, started white-top kraftliner (WTK) production in September, market sources confirmed to PPI Europe. The company is now under the management of Russia’s Segezha Group. Vyborg began trial production at the end of Q3 and manufactured 500 […]
October 15, 2020
·
Insights
US hot-rolled coil index steady near $650/t; supply outlook murky
Hot-rolled coil prices in the United States held mostly steady day on day, with some sources indicating that prices are on an uptrend while others were split on mill availability and lead times.
October 15, 2020
·
By Elizabeth Ramanand
Insights
NEWSBREAK: China to release new standards for steel scrap imports by end of year
China will release new standards for steel scrap imports by the end of 2020, the National Standard Formation Committee said at a recycled raw materials conference in Shanghai.
October 14, 2020
·
By Jessica Zong
Insights
China’s HRC inventories up 8.5% in early October; steel output drops
Steel inventories at member mills of the China Iron & Steel Association (Cisa) and in the spot market both increased in early October, although mills cut crude and finished steel output, according to data released on Wednesday October 14.
October 14, 2020
·
By Jessica Zong
Insights
HRC price hits $32.50 per cwt in US; more gains anticipated
Hot-rolled coil prices in the United States have increased to $32.50 per hundredweight ($650 per ton), and some sources think they could peak at $35 per cwt or more before the market cycles back down.
October 14, 2020
·
Insights
Southern China port impounds copper slag cargo that was shipped as ‘concentrates’
Customs officials in southern China have impounded just under 10,000 tonnes of copper ‘concentrates’ after it turned out to be smelting waste, which is prohibited from entering the country.
October 13, 2020
·
By Julian Luk
Insights
MORNING VIEW: Base metals prices mixed with LME down, SHFE up, as are equities
Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities.
October 13, 2020
·
By William Adams
Insights
Paracel moves on with preparation steps for new BEK mill in Paraguay
SAO PAULO, 13 October 2020 (PPI Latin America) – Paraguay may be the next new source of bleached eucalyptus kraft (BEK) pulp in South America, as a project for a 1.5 million tonnes/yr mill in the country begins to take shape. After months of rumors, the company Paracel has begun to dialogue with local communities […]
October 13, 2020
·
By Marina Faleiros
Insights
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