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Global crude steel output up 4% in February – Worldsteel
Total crude steel output across 64 major producer countries was 150.2 million tonnes in February 2021, down by 8% month on month but up by 4% from February 2020, the World Steel Association (Worldsteel) said on March 23.
March 24, 2021
·
By Alice Li
Insights
LIVE FUTURES REPORT 23/03: LME nickel price at $16,600/t, aluminium down 2%
The three-month nickel price on the London Metal Exchange was up by 1% during morning trading on Tuesday March 23, while aluminium fell to $2,227.50 per tonne, with a combination of macroeconomic factors and fundamentals issues resulting in mixed price movements.
March 23, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Metals prices generally weaker, as were broader markets
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange, as well as spot precious metals prices, were mainly weaker this morning, Tuesday March 23, as were broader markets.
March 23, 2021
·
By William Adams
Insights
COMMENT: Could China’s ferro-chrome futures be a game-changer?
The Shanghai Futures Exchange’s plans to list ferro-chrome futures, potentially this year, will bring welcomed hedging opportunities and may weaken the dominance of China’s stainless steel mills in the ore and alloy markets, participants told Fastmarkets.
March 23, 2021
·
By Jon Stibbs
Insights
Handy, panamax trade driven apart on Ukraine’s contrasting corn outlooks
A lack of demand for staple corn volumes out of the key Ukraine corn market, and lingering expectations of niche demand from...
March 19, 2021
·
By Masha Belikova
Insights
INTERVIEW: Operators to bring UK’s Hemerdon tin-tungsten mine to production early in 2022; set sights on IPO
Operations at the Hemerdon tungsten and tin mine in Devon in the United Kingdom could restart early next year, its executive team said, while expecting to go public in the second quarter of next year if prices stay as elevated as they are now.
March 19, 2021
·
By the Fastmarkets team
Insights
CHINA STEEL SCRAP: Shipping bottlenecks, low demand limit trading
Import prices for heavy scrap (HS) in China moved down on Friday March 19 amid shipping difficulties and a drop in buying demand, sources told Fastmarkets.
March 19, 2021
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By Jessica Zong
Insights
China soyoil stocks shrink further on lower soybean crush
Soyoil stocks in China fell below the level of 800,000 mt for the first time in at least three years as soybean crush volume...
March 18, 2021
·
By Johnny Huang
Insights
INTERVIEW: Li-Cycle sees Rochester EV battery hub as ‘start of something big’
Battery recycling start-up Li-Cycle sees the commercial production achieved at its Rochester, New York, plant as the start of something big.
March 18, 2021
·
Insights
FERRO-NIOBIUM SNAPSHOT: Prompt supply tight amid continued flows to China
Key data from Fastmarkets’ pricing session in Europe on Wednesday March 17.
March 17, 2021
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By Ewa Manthey
Insights
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