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China adds South Korea, Singapore to growing pool of scrap suppliers, prices rise
China has further diversified the list of countries supplying heavy scrap (HS) imports, with recent deals from both South Korea and Singapore, market participants told Fastmarkets on Wednesday February 10.
February 10, 2021
·
By Lee Allen
Insights
MORNING VIEW: Copper, nickel prices reach fresh multi-year highs, others upbeat
Base metals prices were putting in a strong performance on the last trading day before the Chinese New Year holiday, with all the metals, with the exception of an already strong tin, seeing gains this morning, Wednesday February 10.
February 10, 2021
·
By William Adams
Insights
US hot-rolled coil index slips from all-time high
Hot-rolled coil prices in the United States slipped from an all-time high while market participants debated whether the rally had run its course.
February 10, 2021
·
By Mark Shenk
Insights
Uruguay to complete first shipment of barley to China this month: report
Uruguay is expected to ship its first cargo of barley to China this month after first approving the country as a supplier to the...
February 9, 2021
·
By Juan Pedro Tomas
Insights
RESEARCH: European steel prices move up, but mood is more cautious
The latest forecasts from Fastmarkets’ team of analysts are ready to view.
February 9, 2021
·
By Alexander Kershaw
Insights
PEOPLE MOVES: HKEX hires JP Morgan’s Aguzin as CEO after Li’s retirement
Hong Kong Exchanges & Clearing Limited (HKEX) has appointed Alejandro Nicolas Aguzin as its new chief executive officer, effective May 24, 2021.
February 9, 2021
·
Insights
MORNING VIEW: Base metals prices looking stronger again as dollar slips; oil, gold also firmer
With the exception of tin, base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were firmer this morning, Tuesday February 9, as were the precious metals and oil, while the US dollar continued with its recent pullback.
February 9, 2021
·
By William Adams
Insights
US hot-rolled coil index remains at historic high
Spot hot-rolled coil prices in the United States remained stable to begin the week.
February 9, 2021
·
By Patrick Fitzgerald
Insights
CIT upholds US Section 232 steel tariffs
The United States Court of International Trade (CIT) upheld Section 232 tariffs on steel imports, ruling against steel consumers who argued that former President Donald Trump imposed the duties incorrectly.
February 9, 2021
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By Mark Shenk
Insights
Peru’s copper output falls in December; zinc production up again
Peru reported a year-on-year decrease in copper production for the second month in a row in December, while zinc output continued to recover, according to the latest data from the country's Ministry of Energy & Mines (Minem).
February 8, 2021
·
By Renato Rostás
Insights
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