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SPECIAL REPORT: The push for cleaner metallics
The world is looking for cleaner metallics. That has been the undeniable tenor from the steel industry for months. The United States already makes a majority of its steel via the cleaner electric-arc furnace production method, and European steelmakers have announced similar investments. In China, the government is cracking down on high-polluting steel output, and it recently announced the removal of import tariffs on clean metallics such as ferrous scrap and pig iron.
April 28, 2021
·
Insights
Chinese refined copper demand surpasses pre-Covid-19 levels, Teck says
Demand for refined copper in China has now surpassed levels seen prior to the Covid-19 pandemic, according to Vancouver, Canada-based Teck Resources.
April 28, 2021
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By Andrea Hotter
Insights
CBOT soybean oil futures hit 12-year high, trades limit up
CBOT futures surged to the highest level since July 2008 on Thursday as it gained 4% in a single session and triggered a...
April 22, 2021
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By Rei Geyssens, Liliana Minton
Insights
US flat steel capacity boom
As the US steel market continues to build up steam, can the promise of new capacity in 2021 lead the way to a steel price correction?
April 22, 2021
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Insights
IN FIGURES: Japan accounts for 65% of China’s steel scrap imports in March
China imported 31,496 tonnes of steel scrap in March of 2021, with 20,493 tonnes, or 65.1% coming from Japan, according to the country's General Administration of Customs.
April 22, 2021
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By Tianran Zhao
Insights
‘Phenomenal’ HRC demand to continue: SDI
Domestic demand in the United States for hot-rolled coil is "phenomenal" and is expected to remain that way for the rest of 2021 and into 2022, Steel Dynamics Inc (SDI) president and chief executive officer Mark Millett said during the company's earnings call.
April 21, 2021
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By Abby Verret
Insights
GLOBAL COPPER WRAP: Shanghai premiums at 7-mth low; Europe, US markets flat
China’s import premiums for copper cathode are in free fall, and market sentiment remained very low in current unfavorable import condition. Premiums in other regions held unmoved.
April 21, 2021
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By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices up on LME, down on SHFE; haven assets in demand
Base metals prices on London Metal Exchange were up across the board this morning, Wednesday April 21, but those on the Shanghai Futures Exchange were mainly weaker, as were broader markets, while haven assets were bid for.
April 21, 2021
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By William Adams
Insights
MORNING VIEW: LME base metals prices up across the board, broader markets weaken
Base metals prices on London Metal Exchange were stronger across the board this morning, Tuesday April 20, but those on the Shanghai Futures Exchange were mixed, as were broader markets, following weakness on Wall Street on Monday.
April 20, 2021
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By William Adams
Insights
Major Chinese metal producers bought North Korean zinc, lead, gold concs
Several major Chinese metal producers bought zinc and gold concentrates produced in North Korea in 2019, despite economic sanctions, a court ruling has revealed.
April 19, 2021
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By Julian Luk
Insights
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