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Steel prices in times of crisis
Understanding the events of 2008 versus 2020 as experienced across the leading steel-producing regions
March 11, 2021
·
Insights
Lithium, rare earth production could provide jobs for coal miners, US energy secretary says
The United States’ transition to new energy will require increased domestic mineral production, Energy Secretary Jennifer Granholm said on Tuesday March 9.
March 10, 2021
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By William Clarke
Insights
China soymeal futures hit 2-mth low amid new ASF outbreak
Soymeal futures in China slumped to a two-month low on Wednesday as bearish sentiment was boosted by new African...
March 10, 2021
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By Johnny Huang
Insights
Trafigura’s Impala Terminals launches carbon-neutral freight service
Trafigura’s warehousing and logistics arm, Impala Terminals, has launched a certified carbon-neutral freight service allowing its customers to offset their indirect greenhouse gas (GHG) emissions by financing carbon projects worldwide.
March 9, 2021
·
By Andrea Hotter
Insights
Argentine sunseeds to be shipped to Romania for the first time
Romania – one of Europe’s key sunseed producers – is set to import its first ever cargo of Argentine sunflower seeds after dry...
March 9, 2021
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By Rei Geyssens
Insights
LIVE FUTURES REPORT 09/03: LME aluminium price falls 1%; nickel below $16,000/t
The three-month nickel price on the London Metal Exchange fell to $15,910 per tonne during morning trading on Tuesday March 9, while the aluminium price slid by 1%, with consolidation mode still in force across the complex as a number of macroeconomic factors affect sentiment.
March 9, 2021
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By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices mixed as markets face cross currents
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.
March 9, 2021
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By William Adams
Insights
EU rapeseed futures hit record amid China-Australia wash out talk
Euronext rapeseed futures traded in Paris hit a record high on Monday amid a fresh surge in the global vegetable oil complex...
March 8, 2021
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By Johnny Huang, Rei Geyssens
Insights
MORNING VIEW: Metals remain in correction mode with stronger dollar a headwind
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.
March 8, 2021
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By William Adams
Insights
STEEL SCRAP WRAP: Global prices continue surge on strong demand
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.
March 5, 2021
·
By Amy Hinton
Insights
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