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S KOREA STEEL SCRAP: Mills avoid expensive imports, focus on local scrap
Steelmakers in South Korea have focused on procuring steel scrap from their domestic market, along with some cut-price deals from Japan, over the past week, sources said on Friday November 20.
November 20, 2020
·
By Lee Allen
Insights
China’s post-pandemic air travel to see 8,600 plane purchases in next 20 years – Boeing
China's expected recovery in air travel after the Covid-19 pandemic is expected to result in 8,600 new airplane purchases over the next 20 years, according to US manufacturer Boeing.
November 20, 2020
·
By Paul Lim
Insights
VIETNAM STEEL SCRAP: China billet purchases, supply tightness continue to drive up prices
Scrap supply tightness and continued purchasing of billets by China have continued to drive Vietnamese import prices up in the week to Friday November 20, market sources told Fastmarkets.
November 20, 2020
·
By Paul Lim
Insights
COKING COAL DAILY: Seaborne premium indices edge up; China’s Australia import ban widens fob-cfr gap to $62/t
Seaborne premium hard coking coal prices in both fob DBCT and cfr Jingtang markets edged up on a daily basis on Friday November 20 although the ongoing restriction from China on Australian coal imports has caused a widening differential between the prices since late October.
November 20, 2020
·
By Min Li
Insights
US copper, brass scrap prices mixed; mart eyes China import regulations
US copper scrap exporters are waiting to see how China’s new regulations affect the flow of scrap metal to the Asian country, which could have a significant impact on domestic copper scrap prices.
November 20, 2020
·
By Rijuta Dey
Insights
Finance, margin crunch prompts clutch of closures in Asia metals trade
Commodity traders have long forecast that there would be consolidation in their own industry, and in some of the world’s biggest centers for metals business that has already started to happen.
November 19, 2020
·
Insights
Corn, soybean area to clash on structural demand boom, tight stocks
A scramble for corn and soybean planting area is likely to dominate the years ahead, as aВ surge in global and Chinese...
November 18, 2020
·
By Rei Geyssens
Insights
China 2020 soybean imports to hit new record of 100m mt: USSEC
China is expected to import a new record high of 100 million mt this calendar year despite concerns for weak global demand...
November 17, 2020
·
By Johnny Huang
Insights
PRICING NOTICE: Proposal to amend manganese ore 44% Mn index specifications
Fastmarkets proposes to amend the specifications of its manganese ore 44% Mn index.
November 17, 2020
·
By Jon Stibbs
Insights
What we learned from the Chinese and European infrastructure initiatives
After the outbreak of the global pandemic, governments around the world sought measures to relieve the economic pressures of imposed lockdowns, mainly in the form of stimulus packages.
November 16, 2020
·
By Kimberly Leppold
Insights
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