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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
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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
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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
US hot-rolled coil index closing in on $33/cwt
Hot-rolled coil prices in the United States are at their highest point in nearly 18 months amid a supply squeeze that shows no short-term signs of letting up, market participants said.
October 16, 2020
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Insights
US hot-rolled coil index steady near $650/t; supply outlook murky
Hot-rolled coil prices in the United States held mostly steady day on day, with some sources indicating that prices are on an uptrend while others were split on mill availability and lead times.
October 15, 2020
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By Elizabeth Ramanand
Insights
HRC price hits $32.50 per cwt in US; more gains anticipated
Hot-rolled coil prices in the United States have increased to $32.50 per hundredweight ($650 per ton), and some sources think they could peak at $35 per cwt or more before the market cycles back down.
October 14, 2020
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Insights
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