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BETTING ON BLOCKCHAIN: MineHub partners with Contour to add digital LC functionality
Blockchain technology platform MineHub and digital trade finance network Contour have partnered to integrate their digital metals, mining-focused supply chain, and trade finance technology, the companies said.
May 18, 2021
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By Andrea Hotter
Insights
US to make up for lost time in transition to low-carbon world, Yellen says
The United States plans to “make up for lost time” in the battle against climate change by developing new technologies and investing in the products that will drive the transition to a global, low-carbon economy, according to the country’s Treasury chief, Janet Yellen.
May 18, 2021
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By Andrea Hotter
Insights
Iron ore’s most volatile week: How we got here and what comes next
Fastmarkets’ 62% Fe iron ore fines index just experienced its most volatile week on record: a biggest-ever daily gain of $18.31 on Monday May 10 came before a new high of $237.57 per tonne on May 12, followed by a record daily loss of $28.78 on May 14.
May 18, 2021
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Insights
Argentina’s new biofuels law could increase soyoil export capacity
The potential approval of a draft bill to set a new biofuels law with new blending mandates is likely to increase the volume of soyoil...
May 17, 2021
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By Juan Pedro Tomas
Insights
STEEL SCRAP WRAP: Global scrap market heats up on surging steel demand
Surging steel demand in the majority of global markets pushed prices up in most regions in the week to Friday May 14. Only the United States deep-sea ferrous scrap market remained inactive, while Chinese scrap prices fell victim to softer prices for finished steel products.
May 14, 2021
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By Amy Hinton
Insights
COKING COAL DAILY: Coking coal, PCI prices up in cfr, fob markets
Seaborne coking coal prices surged up in both the cfr and fob markets on Friday May 14 due to increased buying interest and positive market sentiment in both markets.
May 14, 2021
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By Alice Li
Insights
Pulp price volatility: Seven things you need to know
Volatility in global pulp markets has increased over the past 20 years, never more so than in 2021. Find out what’s driving price and creating volatility, and what role pulp futures trading played in the recent price rally.
May 13, 2021
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Insights
FOCUS: Indian steel exports under threat amid worker shortage, freight problems
Exports of ferrous materials from India could become more logistically challenging in the coming weeks while the country battles the Covid-19 pandemic, market participants have told Fastmarkets.
May 12, 2021
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By Lee Allen
Insights
Latam soyoil basis strengthens on China, India demand
Soyoil premiums over CBOT futures for Argentine and Brazilian soyoil have strengthened sharply this week on robust Indian...
May 11, 2021
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By Liliana Minton
Insights
EUROPE HRC WRAP: Domestic prices continue to rise, ArcelorMittal increases offers further
Domestic prices for hot-rolled coil in the EU increased in the week to Friday May 7, with ArcelorMittal and some other mills further increasing their offer prices.
May 10, 2021
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Insights
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