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Mongolia replaces Australia as top coking coal supplier to China
Mongolia shipped twice as much metallurgical coal to the Chinese market than Australia in September, confirming its position as the key supplier of the steelmaking raw material to China.
October 26, 2020
·
By Min Li
Insights
HRC ticks up for seventh consecutive day in US
Hot-rolled coil prices in the United States climbed for the seventh day in a row, mostly due to low availability of material and inventories.
October 24, 2020
·
By Grace Asenov
Insights
Rusal America signs ‘green’ aluminium contracts in Mexico
Rusal America Corp has secured “green” aluminium supply contracts with two separate Mexican downstream manufacturers, with one being the “greenest” slab contract ever signed in North America, president and chief executive officer Brian Hesse told Fastmarkets on Thursday October 22.
October 24, 2020
·
By Michael Roh
Insights
TAIWAN STEEL SCRAP: Buyers fail to keep prices stable after increases in Turkey
Import scrap buyers in Taiwan failed to keep prices stable in the week to Friday October 23 after the bellwether market in Turkey reported price increases, sources said.
October 23, 2020
·
By Paul Lim
Insights
PRICING NOTICE: Proposal to amend premium hard coking coal specs, launch two new grade differentials
Fastmarkets proposes to amend the specifications of its premium hard coking coal indices to align more closely with the most prominent low-vol products traded in the spot market. These amendments will apply to both the fob DBCT and cfr Jingtang indices.
October 23, 2020
·
Insights
US hot-rolled coil index up on lean inventories, long lead times
US hot-rolled coil prices continue their upward march as sources increasingly debate not whether the trend is sustainable into 2021 but for how long into next year current price levels might hold.
October 23, 2020
·
Insights
South America corn woes reopen Vietnam’s origin options
Surging corn prices in key South American export hubs have forced Vietnam’s corn suppliers to seek other origins, potentially...
October 22, 2020
·
By Veronika Prykhodko
Insights
LME WEEK 2020: LME selects lithium hydroxide price to underpin futures contract
The London Metal Exchange will launch a lithium contract based on the monthly average of Fastmarkets’ price assessment for lithium hydroxide monohydrate, it said during an online briefing on Thursday October 22 as part of the annual LME Week event.
October 22, 2020
·
By the Fastmarkets team
Insights
PRICING NOTICE: Launch of two high-carbon ferro-chrome assessments; phasing out existing price
Fastmarkets will launch two new European high-carbon ferro-chrome price assessments on Tuesday October 27 this year, which will run alongside the existing price assessment until the end of 2021.
October 22, 2020
·
By Jon Stibbs
Insights
LIVE FUTURES REPORT 22/10: LME base metals prices downbeat on US fiscal stimulus impasse; nickel slides 1%
Three-month base metals prices on the London Metal Exchange were collectively lower during morning trading on Thursday October 22, with the LME nickel price notching the biggest decline, while a continued impasse over a US coronavirus fiscal stimulus package cooled rallies seen earlier in the week.
October 22, 2020
·
By Hassan Butt
Insights
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