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COMMENT: Could China’s ferro-chrome futures be a game-changer?
The Shanghai Futures Exchange’s plans to list ferro-chrome futures, potentially this year, will bring welcomed hedging opportunities and may weaken the dominance of China’s stainless steel mills in the ore and alloy markets, participants told Fastmarkets.
March 23, 2021
·
By Jon Stibbs
Insights
PRICING NOTICE: Proposal to launch zinc SHG Southeast Asian warrant premium
Fastmarkets is proposing to launch a zinc SHG ingots in-warehouse Southeast Asia warrant premium to complement its current zinc warrant coverage, which is focused on Europe and United States.
March 22, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: LME base metals prices, broader markets mixed
Base metals prices on the London Metal Exchange were mixed on Monday March 22, while those on the Shanghai Futures Exchange were up across the board.
March 22, 2021
·
By William Adams
Insights
Raimondo mistaken about success of Section 232, metal manufacturers group says
The Coalition of American Metal Manufacturers and Users (Cammu) claims that United States Commerce Secretary Gina Raimondo was mistaken about the success of the Section 232 steel and aluminium tariffs, and reiterated its call for their termination.
March 20, 2021
·
By Mark Shenk
Insights
Handy, panamax trade driven apart on Ukraine’s contrasting corn outlooks
A lack of demand for staple corn volumes out of the key Ukraine corn market, and lingering expectations of niche demand from...
March 19, 2021
·
By Masha Belikova
Insights
INTERVIEW: Operators to bring UK’s Hemerdon tin-tungsten mine to production early in 2022; set sights on IPO
Operations at the Hemerdon tungsten and tin mine in Devon in the United Kingdom could restart early next year, its executive team said, while expecting to go public in the second quarter of next year if prices stay as elevated as they are now.
March 19, 2021
·
By the Fastmarkets team
Insights
VIETNAM STEEL SCRAP: Lack of vessels create low spot liquidity
A lack of vessels at Japanese ports has resulted in low liquidity for imported ferrous scrap in the key market of Vietnam in the week to March 19, market sources told Fastmarkets.
March 19, 2021
·
By Paul Lim
Insights
CHINA STEEL SCRAP: Shipping bottlenecks, low demand limit trading
Import prices for heavy scrap (HS) in China moved down on Friday March 19 amid shipping difficulties and a drop in buying demand, sources told Fastmarkets.
March 19, 2021
·
By Jessica Zong
Insights
Key role for UK steel in bid to set up world-first low-carbon industrial sector
The UK steel industry is a key focus of the British government’s £1 billion ($1.4 billion) Industrial Decarbonization Strategy, which is intended to create the world’s first low-carbon industrial sector.
March 18, 2021
·
By Carrie Bone
Insights
China soyoil stocks shrink further on lower soybean crush
Soyoil stocks in China fell below the level of 800,000 mt for the first time in at least three years as soybean crush volume...
March 18, 2021
·
By Johnny Huang
Insights
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