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STEEL SCRAP WRAP: Global prices continue surge on strong demand
Steel scrap prices continued to surge this week due to sustained demand from buyers in all markets, with the exception of India. Downstream steel prices have supported raw material price increases in Asia, with buyers melting scrap to feed demand for billet and long steel products.
March 5, 2021
·
By Amy Hinton
Insights
India marks sunoil shift with 27k mt Argentina soyoil buying spree
Close to 30,000 mt of soyoil traded in Argentina’s Up River hub on Tuesday after a fall in prices tempted Indian importers to switch...
March 2, 2021
·
By Rei Geyssens
Insights
Trade casts doubt on India’s ambitious wheat crop forecasts
India-based trade sources have reacted coolly to news that the country is on track to produce a second consecutive record...
February 25, 2021
·
By Masha Belikova
Insights
Argentine soyoil prices at new highs on global tight oilseed supply
Soybean oil prices in Argentina have surged to fresh multi-year highs on Wednesday boosted by concerns on...
February 24, 2021
·
By Rei Geyssens
Insights
STEEL SCRAP WRAP: Downtrend in global markets continues
Turkey came back to the deep-sea export markets in the week ended Friday February 5, capitalizing on lower prices, while buying appetite in the Asian markets was subdued by the imminent Lunar New Year holiday.
February 5, 2021
·
By Amy Hinton
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
·
By Amy Hinton
Insights
Turkey widens wheat tender terms as prices keep rising
Turkey’s state grain importer again widened the terms of an upcoming wheat tender, its second change to the terms...
January 20, 2021
·
By Tom Houghton, Alex Riabukha
Insights
Assmang declares force majeure on ferro-manganese production in South Africa
Mining and metals producer Assmang has declared force majeure on its medium-carbon ferro-manganese production in South Africa, a source told Fastmarkets this week.
January 12, 2021
·
By Declan Conway
Insights
SOUTH ASIA STEEL SCRAP: Prices move up despite dull market
The prices of steel scrap imported into India and Pakistan moved up in the week to Friday January 8 despite a dull and uncertain market, sources have told Fastmarkets.
January 8, 2021
·
By Carrie Bone
Insights
Arg. corn trade to guarantee domestic supply in bid to restart exports
Argentina’s farming sector has offered an olive branch to the national government in a bid to cool mounting tensions around...
January 8, 2021
·
By Juan Pedro Tomas, Timothy Worledge
Insights
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