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MORNING VIEW: Base metals prices consolidate in quiet conditions as China celebrates Lunar New Year
With markets in China and much of Southeast Asia closed on Thursday February 11 ahead of Lunar New Year, trading on the London Metal Exchange this morning has been quiet with the base metals ranged between being down by 0.3% and up by 0.2%.
February 11, 2021
·
By William Adams
Insights
PRICING NOTICE: Proposal to reduce frequency of low-vol PCI indices
Fastmarkets is proposing to reduce the frequency of its two low-volatility pulverized coal injection (PCI) indices to a weekly basis from a daily basis.
February 11, 2021
·
By Paul Lim
Insights
American manufacturing group seeks end to Section 232 tariffs
The Coalition of American Metal Manufacturers and Users (CAMMU) is calling on United States President Joe Biden to end the Section 232 steel and aluminium tariffs, a position that puts it at odds with groups representing domestic steel producers.
February 11, 2021
·
By Michael Roh
Insights
Iron ore’s critical role in decarbonizing steelmaking
Iron ore plays a critical role in decarbonizing steelmaking. What does greener steel mean for global iron ore markets? And what part will China play in driving change? Our global steel and iron experts weigh in.
February 10, 2021
·
Insights
China turns to imported copper blister, cathode while scrap loses luster in 2020 [CORRECTED]
China increased refined and unrefined copper imports by over 31% year on year in 2020, whereas scrap inflow shrank significantly, reflecting the import policy change for waste products that came into force at the end of the year.
February 10, 2021
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By Julian Luk
Insights
China adds South Korea, Singapore to growing pool of scrap suppliers, prices rise
China has further diversified the list of countries supplying heavy scrap (HS) imports, with recent deals from both South Korea and Singapore, market participants told Fastmarkets on Wednesday February 10.
February 10, 2021
·
By Lee Allen
Insights
MORNING VIEW: Copper, nickel prices reach fresh multi-year highs, others upbeat
Base metals prices were putting in a strong performance on the last trading day before the Chinese New Year holiday, with all the metals, with the exception of an already strong tin, seeing gains this morning, Wednesday February 10.
February 10, 2021
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By William Adams
Insights
Uruguay to complete first shipment of barley to China this month: report
Uruguay is expected to ship its first cargo of barley to China this month after first approving the country as a supplier to the...
February 9, 2021
·
By Juan Pedro Tomas
Insights
PEOPLE MOVES: HKEX hires JP Morgan’s Aguzin as CEO after Li’s retirement
Hong Kong Exchanges & Clearing Limited (HKEX) has appointed Alejandro Nicolas Aguzin as its new chief executive officer, effective May 24, 2021.
February 9, 2021
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Insights
MORNING VIEW: Base metals prices looking stronger again as dollar slips; oil, gold also firmer
With the exception of tin, base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were firmer this morning, Tuesday February 9, as were the precious metals and oil, while the US dollar continued with its recent pullback.
February 9, 2021
·
By William Adams
Insights
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