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UPDATE: Russia’s floating grain export tax to use exchange price: minister
Russia will again adjust its export tax regime and look to have a long-term system in place by April that will use local...
February 4, 2021
·
By Alex Riabukha
Insights
US steel rallies in 2008, 2020 very different, analysts say
Ferrous markets are volatile, and 2020 marked one of the most up-and-down years for steel pricing in recent memory, but perhaps no year was as unpredictable as 2008.
February 3, 2021
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By Amy Bennett
Insights
Are higher copper prices here to stay?
Market fundamentals have reasserted their influence on copper pricing in the first quarter of 2021, but macro forces are expected to push and pull the red metal’s price in the near term, driving volatility.
February 2, 2021
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Insights
Fastmarkets’ low-carbon aluminium differentials to bring transparency to emerging trend
Market participants in the aluminium industry are calling for more transparency in low-carbon aluminium pricing, following recent global initiatives to lower carbon emissions that have created greater demand for such products.
February 2, 2021
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Insights
US steel importers call for end to tariffs, quotas
The American Metals Supply Chain Institute (AMSCI) is urging President Joe Biden to eliminate steel and aluminium tariffs in an effort to lower domestic costs and boost employment in the United States' metals supply chain.
February 2, 2021
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By Mark Shenk
Insights
Fastmarkets expands its PRA operation by acquiring The Jacobsen
London, February 2 2021 (Press Release) – Euromoney Institutional Investor PLC (“Euromoney”), the international information services provider of essential information to global and specialist markets, announces the acquisition of 100% of The Jacobsen, an agricultural Price Reporting Agency (“PRA”) that predominantly serves the US agricultural commodity markets. The acquisition expands Fastmarkets global presence in agriculture, building on our recent acquisition of AgriCensus in 2020.
February 2, 2021
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Insights
Argentina soymeal slumps to 40% of world trade in 2020/21: BCR
The proportion of Argentine soymeal in international markets is expected to reach 39.9% in the 2020/21 cycle, the lowest level...
February 2, 2021
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By Juan Pedro Tomas
Insights
STEEL SCRAP WRAP: Prices yet to hit bottom in downward drive
Global ferrous scrap prices have yet to hit the buffers in their downward plunge. Buyers in Asia were holding back from purchases in the week ended Friday January 29, swooping in only for low-priced cargoes, but demand from China could support prices in the near term.
January 29, 2021
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By Amy Hinton
Insights
China’s вЂcorn diplomacy’ ushers in Biden era, Phase One anniversary
Friday’s confirmation that China had booked 2.1 million mt of US corn from the 2020/21 marketing year was among the more...
January 29, 2021
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By Masha Belikova, Timothy Worledge
Insights
Lithium miner SQM to raise $1.1bln to fund production expansion plan
Chilean lithium producer Sociedad Quimica y Minera (SQM) shareholders have approved a plan to raise $1.1 billion through the sale of common stocks, the company said on Friday January 22 as part of its expansion plan across its product range, which includes lithium and other industrial chemicals.
January 25, 2021
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By Dalila Ouerghi
Insights
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