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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
·
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
·
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
·
Insights
GLOBAL LITHIUM WRAP: Seaborne Asian carbonate price rises on tight availability
The battery-grade seaborne Asian lithium carbonate market continued to post gains over the week on Thursday May 6 amid tight spot availability.
May 7, 2021
·
By the Fastmarkets team
Insights
Copper trades at $10,000/t, but main consumer China is not buying
The price of copper has hit $10,000 per tonne once before, but this time around things are different.
May 6, 2021
·
Insights
Bunge’s Q1 earnings jump, EPS revised 25% up on positive market trends
Global grain merchant Bunge has reported net income of $831 million in the first quarter of 2021, a recovery from a $184 million loss in the same quarter of last year...
May 4, 2021
·
By Liliana Minton
Insights
Brazil’s flat steel producers to increase May prices by 10-18%
Brazilian flat steel producers are poised to raise domestic prices by 10-18% in May, due to rising global steel and raw materials values, along with resilient local demand, market participants told Fastmarkets this week.
April 30, 2021
·
By Renato Rostás
Insights
NOREXECO to launch new China pulp futures contracts based on Fastmarkets prices on June 1
Fastmarkets, the global commodity price reporting agency, and NOREXECO ASA, the international pulp and paper exchange, today announced that the exchange will launch two new cash-settled China pulp futures contracts on June 1 based on Fastmarkets RISI’s NBSK CIF China assessment and Fastmarkets FOEX’ PIX China BHKP Net index.
April 30, 2021
·
Insights
SPECIAL REPORT: The push for cleaner metallics
The world is looking for cleaner metallics. That has been the undeniable tenor from the steel industry for months. The United States already makes a majority of its steel via the cleaner electric-arc furnace production method, and European steelmakers have announced similar investments. In China, the government is cracking down on high-polluting steel output, and it recently announced the removal of import tariffs on clean metallics such as ferrous scrap and pig iron.
April 28, 2021
·
Insights
White-hot CBOT, farmer sales drive Argentina cash corn to discount
The supercharged global corn complex has heaped pressure on physical premiums in Argentina’s Up River hub as the high...
April 27, 2021
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By Masha Belikova, Timothy Worledge
Insights
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