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STEEL SCRAP WRAP: Downtrend in global markets continues
Turkey came back to the deep-sea export markets in the week ended Friday February 5, capitalizing on lower prices, while buying appetite in the Asian markets was subdued by the imminent Lunar New Year holiday.
February 5, 2021
·
By Amy Hinton
Insights
LIVE FUTURES REPORT 05/02: Nickel up to $17,900/t; zinc set for weekly gain of 3%
Three-month base metals prices on the London Metal Exchange were up across the board on the morning of Friday February 5, led by a 1.4% gain in nickel, with the US Dollar Index easing after reaching a three-month high on Thursday.
February 5, 2021
·
By the Fastmarkets team
Insights
FOCUS: China fishes for Japan scrap imports with premiums over domestic prices
Chinese steelmakers have been actively bidding for Japanese import scrap cargoes at prices above the China domestic market level in recent days, sources have told Fastmarkets.
February 5, 2021
·
By Jessica Zong
Insights
China washes out soybean, vegoil cargoes amid poor margins
China-based soybean crushers and vegetable oil processors have resold at least 10 cargoes of Brazilian soybeans, as well...
February 3, 2021
·
By Johnny Huang
Insights
Fastmarkets’ low-carbon aluminium differentials to bring transparency to emerging trend
Market participants in the aluminium industry are calling for more transparency in low-carbon aluminium pricing, following recent global initiatives to lower carbon emissions that have created greater demand for such products.
February 2, 2021
·
Insights
STEEL SCRAP WRAP: Prices yet to hit bottom in downward drive
Global ferrous scrap prices have yet to hit the buffers in their downward plunge. Buyers in Asia were holding back from purchases in the week ended Friday January 29, swooping in only for low-priced cargoes, but demand from China could support prices in the near term.
January 29, 2021
·
By Amy Hinton
Insights
China’s вЂcorn diplomacy’ ushers in Biden era, Phase One anniversary
Friday’s confirmation that China had booked 2.1 million mt of US corn from the 2020/21 marketing year was among the more...
January 29, 2021
·
By Masha Belikova, Timothy Worledge
Insights
First Quantum sees higher copper production over next three years
First Quantum Minerals expects to achieve higher copper production in the next three years out to 2023, driven largely by its operations in Zambia and Panama.
January 26, 2021
·
By Andrea Hotter
Insights
PEOPLE MOVES: Tianqi Lithium appoints Xia Juncheng as CEO
Xia Juncheng has become the chief executive officer of Chinese lithium producer Tianqi with effect from Saturday January 16, according to a filing to the Shenzhen Stock Exchange.
January 20, 2021
·
By Carrie Shi
Insights
LIVE FUTURES REPORT 19/01: Copper sole LME base metal to make gains; Al continues to fall
Copper was the only base metal on the London Metal Exchange to register a gain during morning trading on Tuesday January 19, while aluminium’s forward price continued to drop and tin recorded the biggest decline, with the complex still capped by a firm dollar.
January 19, 2021
·
By the Fastmarkets team
Insights
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