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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
·
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
·
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
·
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
·
Insights
Trafigura to set up Toronto trading office – sources
Trafigura is set to open an office in Toronto, Canada, to help foster links with mining companies based in the region, sources told Fastmarkets.
February 10, 2021
·
Insights
China turns to imported copper blister, cathode while scrap loses luster in 2020 [CORRECTED]
China increased refined and unrefined copper imports by over 31% year on year in 2020, whereas scrap inflow shrank significantly, reflecting the import policy change for waste products that came into force at the end of the year.
February 10, 2021
·
By Julian Luk
Insights
MORNING VIEW: Copper, nickel prices reach fresh multi-year highs, others upbeat
Base metals prices were putting in a strong performance on the last trading day before the Chinese New Year holiday, with all the metals, with the exception of an already strong tin, seeing gains this morning, Wednesday February 10.
February 10, 2021
·
By William Adams
Insights
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