Soybean and corn export volumes test port capacity and force competition for finite logistics.

Hot-rolled coil prices in the United States have again moved higher, with some mills holding off from making offers, demand continuing to rise slowly and supply remaining restricted by mill idlings, outages and a slab shortage, Fastmarkets understands.

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The rate at which soybeans are being planted in Brazil is slowing and is now on course to be the slowest...

Chinese power plants and steel mills have been asked by the authorities to stop importing thermal and coking coal from Australia, sources told Fastmarkets on Monday October 12.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Monday October 12, but sentiment has turned more bullish, especially in aluminium, since China returned from its Golden Week holiday.

Low inventory levels and longer lead times have pushed hot-rolled coil prices in the United States up to their highest in 17 months, with mills holding most of the negotiating power.

Scrap prices across the global markets moved down in the week ended Friday October 9, largely due to Turkey’s return to the market, although making purchases at lower prices than previously.

Seaborne premium hard coking coal prices declined on Friday October 9 after sources told Fastmarkets that state-owned steel mills in China had received notification in late September not to import coking coal from Australia after October 1.