Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Tuesday March 9, with prices generally consolidating after recent weakness, while there are cross currents in the form of bond yields, stimulus and inflation expectations affecting sentiment.

Euronext rapeseed futures traded in Paris hit a record high on Monday amid a fresh surge in the global vegetable oil complex...

Base metals prices on the London Metal Exchange were weaker this morning, Monday March 8, but prices on the Shanghai Futures Exchange were mainly stronger while they caught up with the gains on the LME on Friday.

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.

ArrowMetals will become a seller of nickel sulfate after agreeing a tolling arrangement with Cyprus refinery Hellenic Minerals to produce battery-grade material.

Hot-rolled coil prices in the United States have hit another all-time high, driven by supply shortages and strength in domestic ferrous scrap pricing.

The recovery in China’s hog herd and renewed interest in biofuels, particularly from emerging green diesel solutions, will ensure...

Hot-rolled coil prices in the United States dipped day on day, but remain high due to an ongoing supply shortage and strong demand.

The strength of the economic recovery in China in 2020 defied the expectations of most market observers. According to estimates by Fastmarkets, apparent consumption in the country rose by 9% in 2020 compared with a 12% fall in the rest of the world.

Global agriculture giant Cargill has booked a capesize cargo vessel to ship dry bulk products out of Brazil to Europe to substitute...