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Storm wreaks havoc for US Gulf logistics, raises force majeure fear
Heavy snow across parts of the southern US has brought chaos to logistics in the key export hub of the US Gulf and is likely...
February 17, 2021
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By Masha Belikova, Timothy Worledge
Insights
LME increases tin market monitoring as rampant spread tightness continues
The London Metal Exchange has increased oversight of its tin contracts in response to chronically tight spreads despite deliveries into its global warehousing system.
February 17, 2021
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Insights
PRICING NOTICE: Extension of consultation period for proposed launch of ferro-niobium price assessment
After reviewing the initial feedback on its proposal to launch a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid, Fastmarkets MB is extending the consultation period by two weeks.
February 16, 2021
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By Ewa Manthey
Insights
MORNING VIEW: Base metals consolidate, outlook bullish, but have already done a lot
With China still on holiday, base metals prices on the London Metal Exchange have been consolidating this morning, Tuesday February 16, even though broader markets remain upbeat.
February 16, 2021
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By William Adams
Insights
EU GREEN STEELMAKING: Producers bring first certified green steel to the market
Steel companies ArcelorMittal and Ovako have both begun to offer the first certified "green steel", following increased scrutiny on emissions from customers, the two companies announced separately.
February 15, 2021
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By Carrie Bone
Insights
MORNING VIEW: Base metals prices tread water while Greater China markets are closed
With Greater China on holiday, base metals trading on the London Metal Exchange has been quiet this morning, Friday February 12, with prices little changed and trading volumes light - but so far prices are holding up in high ground.
February 12, 2021
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By William Adams
Insights
US hot-rolled coil index jumps over $1,190/t
Confirmed deals have driven hot-rolled coil prices in the United States over $59.50 per hundredweight ($1,190 per short ton), to an all-time high.
February 12, 2021
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By Patrick Fitzgerald
Insights
American manufacturing group seeks end to Section 232 tariffs
The Coalition of American Metal Manufacturers and Users (CAMMU) is calling on United States President Joe Biden to end the Section 232 steel and aluminium tariffs, a position that puts it at odds with groups representing domestic steel producers.
February 11, 2021
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By Michael Roh
Insights
Bunge’s Q4 earnings jump on higher crush margins, vegoil demand
Global grain merchant Bunge has reported net income of $551 million in the final quarter of 2020, ending December 31...
February 10, 2021
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By Veronika Prykhodko
Insights
Iron ore’s critical role in decarbonizing steelmaking
Iron ore plays a critical role in decarbonizing steelmaking. What does greener steel mean for global iron ore markets? And what part will China play in driving change? Our global steel and iron experts weigh in.
February 10, 2021
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Insights
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