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The many forces driving nickel price volatility
Bullish sentiment about nickel demand, particularly for electric vehicles, compared with long timeframes needed to increase mine supplies, has driven prices higher. But continuing uncertainties about the future timing and extent of nickel demand and supply growth have created a volatile market, reports Gregory DL Morris.
June 9, 2021
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Insights
ENERGY TRANSITION: Trafigura, Yara sign MoU to develop clean fuel for shipping
Physical commodities trading company Trafigura Pte Ltd and agricultural commodities firm Yara International ASA have signed a memorandum of understanding (MoU) to collaborate on the development and promotion of ammonia as a clean fuel in shipping, Trafigura said.
June 7, 2021
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By Andrea Hotter
Insights
Prices for new China pulp futures contracts on Norexeco down slightly
With China’s pulp import market remaining at a standstill and the bleached softwood kraft (BSK) pulp futures market continuing to slump, prices for the two newly-launched China pulp futures contracts on Oslo-based Norexeco dipped slightly at the front end.
June 7, 2021
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Insights
STEEL SCRAP WRAP: Global export activity cools off in most markets
Appetites for steel scrap exports were broadly subdued in the week to Friday June 4, with the exception of imports into India and Pakistan.
June 4, 2021
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By Amy Hinton
Insights
BIR 2021: Steelmaking margins, prime scrap premiums to remain high in short term
Mammoth steel-scrap margins and high-grade premiums prevalent in recent months are likely to persist in the short term but should fall away by the end of the year, panelists at the ferrous session of this week’s Bureau of International Recycling (BIR) Convention said.
June 4, 2021
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By Lee Allen
Insights
ВВВArgentine soyoil basis hits record low as CBOT surges pass 71 ct/lb
Poor demand for physical soyoil from the world's biggest exporter has driven a wedge betweenВ Argentina's Up River market and...
June 3, 2021
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By Rei Geyssens
Insights
ENERGY TRANSITION: The complex path to net zero
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”
June 2, 2021
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By Andrea Hotter
Insights
G7 criticizes subsidies driving overcapacity in steel, aluminium
Leaders of the Group of Seven (G7) countries have reaffirmed their commitment to fair trade and criticized the use of subsidies that create excess capacity, including in steel and aluminium.
June 1, 2021
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By Andrea Hotter
Insights
Turnagain nickel project in Canada has potential to be world’s first carbon-neutral mine, exec says
Mineral sequestration could be used to develop the world’s first-ever carbon-neutral nickel mine, according to the president of Giga Metals Corp, which is developing the Turnagain project in British Columbia, Canada.
June 1, 2021
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By Andrea Hotter
Insights
STEEL SCRAP WRAP: Prices trend downwards on worsening sentiment
Global steel scrap prices dropped in the week to Friday May 28 on poor sentiment resulting from a weaker Chinese market and a softening of the Turkish market.
May 28, 2021
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By Amy Hinton
Insights
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