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MORNING VIEW: Base metals bullish; copper, nickel in driving seat
The base metals remain buoyant on good volumes this morning, Friday November 27, but equity indices were looking mixed.
November 27, 2020
·
By William Adams
Insights
No-deal Brexit would cripple domestic UK aluminium scrap market, participants say
With just 35 days remaining until the United Kingdom withdraws from the European Union, the country’s potential departure from the EU single market could see its domestic aluminium scrap market face business-critical trade barriers that, according to market participants, would send the UK’s scrap industry hurtling backwards.
November 27, 2020
·
By Hassan Butt
Insights
Malaysian crude palm oil price to move higher after India tax cut
Malaysian crude palm oil prices are set to move higher after the Indian government announced on Thursday...
November 26, 2020
·
By Rei Geyssens
Insights
MORNING VIEW: LME copper price extends gains, other metals hold up in high ground
Markets were generally buoyant this morning, Thursday November 26, with more certainty on the horizon than of late, helped by US president-elect Joe Biden’s transition to the White House and with a rollout of the vaccines now insight, if things go according to plan.
November 26, 2020
·
By William Adams
Insights
Turkey’s Isdemir starts planned maintenance on blast furnace
Iskenderun Demir Celik (Isdemir), a subsidiary of Turkey’s biggest steel producing group Erdemir Group, has started planned maintenance at its blast furnace no 2.
November 25, 2020
·
By Serife Durmus
Insights
Europe plans to have globally competitive EV battery industry by 2025, says EC
Europe could produce enough battery cells to meet the needs of its captive electric vehicle (EV) industry and could even be in a position to export batteries by 2025, according to the vice-president of the European Commission.
November 25, 2020
·
By Dalila Ouerghi
Insights
MORNING VIEW: Record highs on the Dow Jones highlight surge in confidence, which underpins already strong base metals
Base metals prices on the London Metal Exchange were mixed this morning, Wednesday November 25, as were those on the Shanghai Futures Exchange, but overall they seem to be consolidating in high ground, with copper having set a fresh high for the year at $7,360 per tonne earlier this morning.
November 25, 2020
·
By William Adams
Insights
China’s new crop barley buying spurs French prices on 1m mt rumours
The loss of supply from Australia has sparked an unusually early start to China's buying of new crop feed barley from key...
November 25, 2020
·
By Masha Belikova, Alex Riabukha
Insights
ABB, Talga sign agreement for Swedish battery anode project
Talga Resources has signed a Memorandum of Understanding (MoU) with global technology leader ABB to support the development and construction of Talga’s Vittangi anode project in northern Sweden.
November 25, 2020
·
By Sybil Pan
Insights
US hot-rolled coil index climbs further
Hot-rolled coil prices in the United States have risen to their highest in almost exactly two years after more buyers perceived that a true steel shortage is intensifying for the end of 2020 and the beginning of the first quarter of 2021.
November 25, 2020
·
By the Fastmarkets team
Insights
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