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MORNING VIEW: Base metals prices mixed; weakness in equities, US CPI in focus
Base metals prices on the London Metal Exchange were little changed and consolidating this morning, Wednesday May 12, this after some choppy trading in recent days.
May 12, 2021
·
By William Adams
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
DAILY STEEL SCRAP: Turkish deep-sea scrap import prices supported by Chinese demand for billet
Turkish steel producers continued to pay higher prices for deep-sea scrap after securing more billet sales into China, market participants told Fastmarkets on Tuesday May 11.
May 11, 2021
·
By Cem Turken
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
MORNING VIEW: Base metals prices mainly higher, many at record levels, in strong trading volumes
Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were, for the most part, a lot stronger this morning, Monday May 10, but broader markets were mixed.
May 10, 2021
·
By William Adams
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
Construction to resume at Kwinana lithium hydroxide processing plant
Construction work will restart in the near future at the Kniwana lithium hydroxide plant in Western Australia after Australia-based exploration and mining company IGO joined the venture at the end of 2020, a spokesperson at joint-owner Tianqi told Fastmarkets on Tuesday May 4.
May 7, 2021
·
By Dalila Ouerghi
Insights
FOCUS: China’s stricter steel capacity swap ratios to cool overheated raw materials markets
China’s new and stricter steel capacity swap ratios will cool the overheated steelmaking raw materials market and pave the way for more electric-arc furnaces to be used in its mammoth steel industry, market sources told Fastmarkets this week.
May 7, 2021
·
By Alice Li
Insights
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