Hot-rolled coil prices in the United States continue to hover near their highest levels since August 2018, with buyers preparing for still more increases from the domestic mills.

The base metals remain upbeat this morning, Tuesday December 8, and the underlying story remains the same, infrastructure spending, economic recovery, a mass of liquidity and the potential for more US stimulus.

Nearly 600 Paraguayan lorries transporting soybeans and bean derivatives have been stuck at the border with Brazil for nearly...

The global economy looks stronger again - Chinese exports were up by 21.1% in November year on year - but the base metals were mixed on Monday December 7, having been exceptionally strong recently , so perhaps the market realizes a lot of the good news is baked in already.

China’s steel billet and slab imports in October decreased compared with September due to lower prices than other importers, although they maintained year-on-year rises.

Hot-rolled coil prices in the United States have shot past $42.50 per hundredweight ($850 per short ton), and there is little on the horizon to stop them from hitting $45 per cwt or even $50 per cwt, market participants said.

Gary Nagle will become the new chief executive officer of Glencore when Ivan Glasenberg retires during the first half of 2021, the company said on Friday December 4.

Nearly two months after Chinese steel mills were verbally notified to halt imports of Australian coal, market participants and industry analysts tell Fastmarkets about the consequences of the ban and their predictions for its future.

Soybeans delivered into China are trading at a theoretical discount to the origin price as a fall-off in futures over the...

Hot-rolled coil prices in the United States are testing highs not seen since the Section 232 market shock in 2018 and might soon be pushing up against highs last seen in 2008, in the heady days before the financial crisis.