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FOCUS: Market doubtful of near-term end to China’s ban on Australian coal imports
Nearly two months after Chinese steel mills were verbally notified to halt imports of Australian coal, market participants and industry analysts tell Fastmarkets about the consequences of the ban and their predictions for its future.
December 4, 2020
·
By Min Li
Insights
CFR China soybeans trade at below netback cost as traders hit bids
Soybeans delivered into China are trading at a theoretical discount to the origin price as a fall-off in futures over the...
December 4, 2020
·
By Johnny Huang
Insights
Argentina’s Jan-Oct corn exports hit 34.5m mt record: chamber
Argentina has exported a record 34.5 million mt of corn in the January-October period, up 10% compared with the same...
December 4, 2020
·
By Juan Pedro Tomas
Insights
Glencore, GEM extend cobalt supply deal until 2029
Swiss miner-trader Glencore and Chinese battery materials producer GEM have extended their agreement for cobalt hydroxide supply by another five years.
December 3, 2020
·
Insights
Copper price hikes may no longer lead to huge rise in availability of scrap
The recent surge in copper prices might not lead to swathes of scrap being suddenly released into the market, as happened after a similar situation nearly a decade ago, sources told Fastmarkets this week.
December 3, 2020
·
By Julian Luk
Insights
EXCLUSIVE: Chinese dealers taking over Japanese scrapyards to secure supply
A number of Chinese dealers and business entities are taking over Japanese scrapyards, or setting up scrap businesses in Japan, to secure sufficient supply of the steelmaking raw material for steel mills in China, market sources told Fastmarkets this week.
December 1, 2020
·
By Paul Lim
Insights
MORNING VIEW: Base metals mainly bullish; copper romps ahead, helped by strong Chinese data
Base metals prices were mainly stronger this morning, Monday November 30, helped by strong Chinese manufacturing purchasing managers’ index (PMI) data and a weaker dollar, but some of the metals are starting to look tired.
November 30, 2020
·
By William Adams
Insights
VIETNAM STEEL SCRAP: Strong demand by billet producers stokes price increases
Vietnamese scrap buyers have continued sourcing import cargoes amid supply tightness and stable demand in the week to Friday November 27, market sources told Fastmarkets.
November 27, 2020
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By Paul Lim
Insights
No-deal Brexit would cripple domestic UK aluminium scrap market, participants say
With just 35 days remaining until the United Kingdom withdraws from the European Union, the country’s potential departure from the EU single market could see its domestic aluminium scrap market face business-critical trade barriers that, according to market participants, would send the UK’s scrap industry hurtling backwards.
November 27, 2020
·
By Hassan Butt
Insights
Europe plans to have globally competitive EV battery industry by 2025, says EC
Europe could produce enough battery cells to meet the needs of its captive electric vehicle (EV) industry and could even be in a position to export batteries by 2025, according to the vice-president of the European Commission.
November 25, 2020
·
By Dalila Ouerghi
Insights
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