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VIETNAM STEEL SCRAP: Prices on their way to $500 /t – sources
Import prices for ferrous scrap in Vietnam increased during the week to Friday May 7 on bullish sentiment in the spot market, and could break the $500-per-tonne-cfr-Vietnam mark for bulk cargoes, industry sources told Fastmarkets.
May 7, 2021
·
By Paul Lim
Insights
MORNING VIEW: Base metals prices mixed; aluminium lurches higher with copper, lead following
Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were for the most part stronger this morning, Friday May 7, as were broader markets.
May 7, 2021
·
By William Adams
Insights
GLOBAL LITHIUM WRAP: Seaborne Asian carbonate price rises on tight availability
The battery-grade seaborne Asian lithium carbonate market continued to post gains over the week on Thursday May 6 amid tight spot availability.
May 7, 2021
·
By the Fastmarkets team
Insights
NEWSBREAK: ArcelorMittal Europe raises HRC prices by $36/t
ArcelorMittal has again increased its official offer prices for hot-rolled coil in Europe by €30 ($36) per tonne, sources told Fastmarkets on Friday May 7.
May 7, 2021
·
Insights
China imports 73% of record Brazilian soybean exports in April
Some 73% of the all-time record 17.4 million mt of soybeans exported from Brazil in April were bound to China, with the...
May 6, 2021
·
By Eduardo Tinti
Insights
DAILY STEEL SCRAP: Mills book more deep-sea cargoes despite sharp price rises
Turkish steel producers continued booking deep-sea scrap for June shipment despite fast-rising prices, sources told Fastmarkets on Thursday May 6.
May 6, 2021
·
By Cem Turken
Insights
Copper trades at $10,000/t, but main consumer China is not buying
The price of copper has hit $10,000 per tonne once before, but this time around things are different.
May 6, 2021
·
Insights
MORNING VIEW: Copper, aluminium upbeat, other metals tread water in high ground
Base metals prices on the London Metal Exchange were a bit more mixed this morning, Thursday May 6, while the return of trading on the Shanghai Futures Exchange after the Labor Day holidays saw good gains in all metals apart from zinc.
May 6, 2021
·
By William Adams
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
Argentina’s 2021/22 barley area set for 28% y-o-y increase: BAGE
Argentine farmers are forecast to plant a total of 1.15 million ha with barley in the 2021/21 crop cycle, an increase of 28%...
May 5, 2021
·
By Juan Pedro Tomas
Insights
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