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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
FOCUS: Copper-producing countries want to reap benefits of record price
Copper's price is trading at all-time highs - and now the countries where it is mined the most want a piece of the action.
May 27, 2021
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By the Fastmarkets team
Insights
FOCUS: What China’s possible new steel export taxes mean for global ferrous industry
Market chatter about China possibly imposing new export taxes for steel as part of commodity price cooling measures has been rampant in the past week, causing traders and market participants to re-think their trading strategies, and overseas buyers to consider a potential supply shortfall.
May 25, 2021
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By Alex Theo
Insights
How copper’s mine-supply crunch is driving prices to record highs
London Metal Exchange three-month copper futures hit $10,720 per tonne in May amid disruption from the Covid-19 pandemic and political tensions affecting material supply from mines.
May 20, 2021
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Insights
Cash market wrap: Futures collapse post-Wasde update
Our weekly recap of the main movements in global cash markets after the World Agricultural Supply and Demand Estimates (Wasde) May report.
May 19, 2021
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Insights
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