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LIVE FUTURES REPORT 05/01: Tin, copper continue to rise on weak dollar
The three-month tin price on the London Metal Exchange crossed the $21,200-per-tonne mark while copper edged above $7,900 per tonne during morning trading on Tuesday January 5, with a weak dollar continuing to offset worries about new lockdowns in Europe and the Georgia run-off election in the United States.
January 5, 2021
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By the Fastmarkets team
Insights
LIVE FUTURES REPORT 24/11: Copper sets new year-to-date high, others follow upward
The three-month copper price on the London Metal Exchange rose to a peak not seen since June 2018 this morning, Tuesday November 24, pulling the rest of the complex higher after a day of correction on Monday.
November 24, 2020
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By the Fastmarkets team
Insights
US biofuels sector faces squeeze as presidential outlooks collide
US ethanol and biodiesel producers could find themselves facing an uncertain future no matter what the outcome of the US...
November 4, 2020
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By John McGarrity
Insights
MORNING VIEW: Base metals prices mixed, equities stronger on further reflation expectations
Base metals prices were pausing and precious metals were mainly on a back footing this morning, Friday January 8, with sentiment generally bullish on the prospects for greater fiscal spending out of the United States when Joe Biden becomes the president in a few weeks’ time.
January 8, 2021
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By William Adams
Insights
US HRC price nears $35/cwt; mills said mulling big hikes for 2021 volumes
Hot-rolled coil prices in the United States are within striking distance of $35 per hundredweight amid speculation that January order books could be opened at substantially higher figures.
November 6, 2020
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Insights
MORNING VIEW: Copper sets fresh high; broader markets mostly upbeat, while gold suffers
The base metals on the London Metal Exchange were firmer across the board this morning, Tuesday November 24, although those on the Shanghai Futures Exchange were mixed following the weakness seen on the LME on Monday.
November 24, 2020
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By William Adams
Insights
MORNING VIEW: Base metals prices continue to strengthen, led by tin
Strong gains were seen across the base metals on the London Metal Exchange at the start of the week and most of the metals in London and all the metals on the Shanghai Futures Exchange were up again this morning, Tuesday January 5.
January 5, 2021
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By William Adams
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
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By William Adams
Insights
SSS 2020: SDI Texas EAF targets exposed auto
Steel Dynamics Inc’s (SDI) new $1.9-billion flat-rolled steel mill in Sinton, Texas, could be the first electric-arc furnace (EAF) facility to produce exposed-grade automotive material, the company’s top executive said.
October 28, 2020
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By Michael Cowden
Insights
SSS 2020: SDI Texas EAF targets exposed auto
Steel Dynamics Inc’s (SDI) new $1.9-billion flat-rolled steel mill in Sinton, Texas, could be the first electric-arc furnace (EAF) facility to produce exposed-grade automotive material, the company’s top executive said.
October 28, 2020
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Insights
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