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India marks sunoil shift with 27k mt Argentina soyoil buying spree
Close to 30,000 mt of soyoil traded in Argentina’s Up River hub on Tuesday after a fall in prices tempted Indian importers to switch...
March 2, 2021
·
By Rei Geyssens
Insights
China expands offshore wind capacity, aims for carbon neutrality by 2060
China will actively promote the development of offshore wind power as part of its effort to build clean energy infrastructure across the country, according to a carbon neutrality action plan issued by State Grid Corporation of China on Monday March 1.
March 2, 2021
·
By Ruby Liu
Insights
MORNING VIEW: Base metals prices weaker in Shanghai, mixed in London
Base metals prices on the London Metal Exchange were mixed this morning, Tuesday March 2, while on the Shanghai Futures Exchange they were mainly weaker.
March 2, 2021
·
By William Adams
Insights
US hot-rolled coil index passes $62/cwt
The hot-rolled coil price has hit a new high in the United States, moving above $62 per hundredweight.
March 2, 2021
·
By Patrick Fitzgerald
Insights
Pres. Fernandez pledges support to Argentina meals, oils exports
The Argentine government will focus on boosting production and exports of value-added agricultural products, President Alberto...
March 2, 2021
·
By Juan Pedro Tomas
Insights
US A380.1 secondary aluminium alloy price, Nasaac rise to nearly 6½-year highs
The benchmark A380.1 secondary aluminium alloy price and the London Metal Exchange’s North American special aluminium alloy contract (Nasaac) spiked to more than six-year highs, supported by healthy demand even as a semiconductor chip shortage disrupts automotive supply chains.
March 1, 2021
·
By Michael Roh
Insights
PRICING NOTICE: Delayed publication of blister copper monthly RC
Publication of Fastmarkets’ assessment of blister copper refining charges (RCs) for February was delayed due to a reporter error.
March 1, 2021
·
By Julian Luk
Insights
Pakistan to use Fastmarkets’ ferrous scrap index for customs valuations
Pakistan's government has said that Fastmarkets' import index for ferrous scrap will be used for customs valuations of ferrous scrap, according to an official ruling published on February 25.
March 1, 2021
·
By Carrie Bone
Insights
VIETNAM STEEL SCRAP: Buyers shun imports on narrow scrap-billet spreads
Spot prices in the key Vietnamese scrap import market rebounded strongly during the week to Friday February 26, even though buyers with inventories were not actively purchasing due to high prices and the narrow scrap-billet spread, according to market sources.
February 26, 2021
·
By Paul Lim
Insights
China soymeal futures plunge amid macro selloff, trade warnings
Soymeal futures in China slumped on Friday as traders dumped positions amid a wider sell-off in the global market, with...
February 26, 2021
·
By Johnny Huang
Insights
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