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US hot-rolled coil index holds near $670/ton
Hot-rolled coil prices in the United States have remained steady above $33.50 per hundredweight ($670 per short ton); meanwhile, market activity has slowed, with buyers waiting to purchase more material amid expected additional increases and rising offer prices.
October 22, 2020
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By Elizabeth Ramanand
Insights
Arg. sellers lift soymeal, soyoil offers 3% after port explosion
Sellers of soymeal and soyoil out of Argentina have lifted offers for nearby loading of the product
October 21, 2020
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By Rei Geyssens
Insights
FOCUS: Cooking at home? You’re driving up China’s flat steel prices
A global boom in home appliance sales during the Covid-19 pandemic is causing a shortage in flat steel supplies in China, and in turn supporting prices, Fastmarkets has heard.
October 21, 2020
·
Insights
US hot-rolled coil index passes $670/t; mills hoping for $700/t
Hot-rolled coil prices in the United States have crossed the $33.50-per-hundredweight ($670-per-short-ton) threshold, and most signs indicate that they will continue to march upward, market participants said.
October 21, 2020
·
Insights
US hot-rolled coil index climbs higher on tightening supply
Hot-rolled coil prices in the United States have continued to move higher, supported by tightening supply brought on by rising demand in face of still-constrained domestic production.
October 20, 2020
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By Robert England
Insights
Certain recycled non-ferrous metals cleared for import to China from November
Recycled copper and aluminium that meet China’s standards for renewable metals instead of solid waste can be freely imported into the country starting from November 1, according to the Chinese Ministry of Ecology and Environment.
October 19, 2020
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By Justin Yang
Insights
OPINION: China demand to lift corn futures into 2021
Comparing corn consumption, stocks, and stocks-to-use ratio globally, this year is very different to the drought year of 2012. What I think has changed is China’s demand since 2012-13, and that
October 19, 2020
·
By Terry Reilly
Insights
HRC price barrels past $33/cwt in US, on upward trajectory
Hot-rolled coil prices in the United States have breached the $33-per-hundredweight mark, thanks mostly to ongoing tight capacity and decent demand levels.
October 17, 2020
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By Grace Asenov
Insights
ANALYSIS: Fears mount over South American corn supply crunch
The sight of cash offers in Brazil’s FOB Santos hub reaching premiums of 200 cents over the December contract was the...
October 16, 2020
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By Fastmarket team
Insights
LME WEEK 2020: Base metals 2021 negotiations start in virtual ‘mating season’
With a virtual LME Week starting on Monday October 19, the base metals market is starting to focus on negotiating 2021 contracts. Here, read about how the evolving nature of virtual negotiations is affecting the aluminium, copper, nickel and tin markets.
October 16, 2020
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Insights
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