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STEEL SCRAP WRAP: Global prices continue surge on strong demand
Steel scrap prices continued to surge this week due to sustained demand from buyers in all markets, with the exception of India. Downstream steel prices have supported raw material price increases in Asia, with buyers melting scrap to feed demand for billet and long steel products.
March 5, 2021
·
By Amy Hinton
Insights
ArrowMetals signs nickel sulfate tolling deal for Q3 2021 production
ArrowMetals will become a seller of nickel sulfate after agreeing a tolling arrangement with Cyprus refinery Hellenic Minerals to produce battery-grade material.
March 5, 2021
·
Insights
China hog recovery, biodiesel to underpin ‘very strong 2021’: ADM
The recovery in China’s hog herd and renewed interest in biofuels, particularly from emerging green diesel solutions, will ensure...
March 4, 2021
·
By Timothy Worledge
Insights
RESEARCH: The Year of the Ox is bringing out the bulls
The strength of the economic recovery in China in 2020 defied the expectations of most market observers. According to estimates by Fastmarkets, apparent consumption in the country rose by 9% in 2020 compared with a 12% fall in the rest of the world.
March 4, 2021
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By Marina Maliushkina
Insights
China expands offshore wind capacity, aims for carbon neutrality by 2060
China will actively promote the development of offshore wind power as part of its effort to build clean energy infrastructure across the country, according to a carbon neutrality action plan issued by State Grid Corporation of China on Monday March 1.
March 2, 2021
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By Ruby Liu
Insights
Pres. Fernandez pledges support to Argentina meals, oils exports
The Argentine government will focus on boosting production and exports of value-added agricultural products, President Alberto...
March 2, 2021
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By Juan Pedro Tomas
Insights
Pakistan to use Fastmarkets’ ferrous scrap index for customs valuations
Pakistan's government has said that Fastmarkets' import index for ferrous scrap will be used for customs valuations of ferrous scrap, according to an official ruling published on February 25.
March 1, 2021
·
By Carrie Bone
Insights
China soymeal futures plunge amid macro selloff, trade warnings
Soymeal futures in China slumped on Friday as traders dumped positions amid a wider sell-off in the global market, with...
February 26, 2021
·
By Johnny Huang
Insights
Iron ore enters an age of change
Market growth and decarbonization collide to create an unclear future for steelmaking
February 25, 2021
·
Insights
Argentine soyoil prices at new highs on global tight oilseed supply
Soybean oil prices in Argentina have surged to fresh multi-year highs on Wednesday boosted by concerns on...
February 24, 2021
·
By Rei Geyssens
Insights
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