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US hot-rolled coil index closes in on $1,240/t
Hot-rolled coil prices in the United States continue to hit record highs, with further upside expected, Fastmarkets understands.
February 26, 2021
·
By Patrick Fitzgerald
Insights
Comex rise sparks Cu scrap woes; prices soar in US
The United States' copper scrap market has been thrown out of balance since the price for the red metal surged above the $4 per lb on Comex this week.
February 26, 2021
·
By Rijuta Dey
Insights
Trade casts doubt on India’s ambitious wheat crop forecasts
India-based trade sources have reacted coolly to news that the country is on track to produce a second consecutive record...
February 25, 2021
·
By Masha Belikova
Insights
Iron ore enters an age of change
Market growth and decarbonization collide to create an unclear future for steelmaking
February 25, 2021
·
Insights
MORNING VIEW: Cu, Al, Sn prices steam ahead, others consolidate
Apart from nickel on the London Metal Exchange, the rest of the base metals on both the LME and Shanghai Futures Exchange were once again stronger this morning, Thursday February 25.
February 25, 2021
·
By William Adams
Insights
Argentine soyoil prices at new highs on global tight oilseed supply
Soybean oil prices in Argentina have surged to fresh multi-year highs on Wednesday boosted by concerns on...
February 24, 2021
·
By Rei Geyssens
Insights
China’s steel mills look elsewhere for contractual supplies after ‘unpredictable politics’ disrupts flow of Australian coking coal
China's “unpredictable political moves” in relation to coking coal from Australia has driven some Chinese steel mills to increase their contractual supplies of the steelmaking raw material from elsewhere, sources told Fastmarkets this week.
February 24, 2021
·
By Alice Li
Insights
US hot-rolled coil index climbs past $61/cwt to another record
Hot-rolled coil prices in the United States have risen yet again to an all-time high after buyers perceived that the tight availability of spot material likely will not loosen up before domestic mills begin a series of maintenance outages.
February 24, 2021
·
By the Fastmarkets team
Insights
EU decides to skip preliminary anti-subsidy duties on Turkish HRC, investigation continues
The European Commission (EC) has decided not to impose preliminary anti-subsidy duties on hot-rolled coil originating from Turkey.
February 23, 2021
·
Insights
LIVE FUTURES REPORT 23/02: Copper continues upsurge, nickel falls below $19,500/t
For a fourth trading day in a row, copper’s three-month price on the London metal Exchange rose to a new year-to-date high on Tuesday February 23, while the rest of the base metals traded slightly lower than where they were on Monday, when they all reached fresh 2021 highs.
February 23, 2021
·
By the Fastmarkets team
Insights
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