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COKING COAL DAILY: Coking coal, PCI prices up in cfr, fob markets
Seaborne coking coal prices surged up in both the cfr and fob markets on Friday May 14 due to increased buying interest and positive market sentiment in both markets.
May 14, 2021
·
By Alice Li
Insights
FOCUS: Indian steel exports under threat amid worker shortage, freight problems
Exports of ferrous materials from India could become more logistically challenging in the coming weeks while the country battles the Covid-19 pandemic, market participants have told Fastmarkets.
May 12, 2021
·
By Lee Allen
Insights
Latam soyoil basis strengthens on China, India demand
Soyoil premiums over CBOT futures for Argentine and Brazilian soyoil have strengthened sharply this week on robust Indian...
May 11, 2021
·
By Liliana Minton
Insights
EUROPE HRC WRAP: Domestic prices continue to rise, ArcelorMittal increases offers further
Domestic prices for hot-rolled coil in the EU increased in the week to Friday May 7, with ArcelorMittal and some other mills further increasing their offer prices.
May 10, 2021
·
Insights
STEEL SCRAP WRAP: Prices may break through $500/t, sources say
Global steel scrap prices surged in the week to Friday May 7 and could well break through the $500 per tonne cfr mark, starting in Asia, market sources have told Fastmarkets.
May 7, 2021
·
By Amy Hinton
Insights
India’s vegoil imports to slump in May-June amid Covid-19
Indian demand for vegetable oils is expected to experience a sharp decline in May-June amid demand...
May 7, 2021
·
By Anna Platonova, Liliana Minton
Insights
COMMENT: China’s new ferrous tax regime to kickstart new era of steel
China's new tax regime for ferrous raw materials and steel exports will kick off a new era for the steel sector, one in which demand and supply will become more balanced and the country cuts its dependency on iron ore at a faster pace.
May 6, 2021
·
By Paul Lim
Insights
STEEL SCRAP WRAP: Turkish prices boosted by billet demand in Asia
Turkish deep-sea scrap import prices have increased sharply since China decided to remove the export tax rebate on some steel products. But demand among major scrap importers in Asia was still limited because of upcoming holiday periods in the region.
April 30, 2021
·
By Amy Hinton
Insights
India’s JSW reduces steel output to divert oxygen to fight against Covid-19
Major Indian steelmaker JSW Steel is reducing steel production to ensure that sufficient oxygen is sent from its plants to the healthcare sector to help combat the surge in Covid-19 cases in the country, it said this week.
April 29, 2021
·
By Min Li
Insights
MORNING VIEW: Aluminium leads on the upside, other base metals shy away from the highs
Aluminium prices on the London Metal Exchange set fresh multi-year highs on Wednesday April 21, while copper and tin shied away from previous highs, and the rest remain rangebound this morning.
April 22, 2021
·
By William Adams
Insights
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