The latest forecasts from Fastmarkets' team of analysts is ready to view.As we approach the end of the first half of 2021, steel markets in Europe and the United States continue to heat up. This six-month period is largely unprecedented, with both steel prices and steelmakers' margins hitting a number of new record highs throughout.The rally is likely nearing its end, however, with global steel ou...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Bulk and noble alloys both moved largely in line with our price forecasts globally over the past month, though several markets surprised to the upside, exceeding our forecast gains. Stronger-than-forecast pricing momentum was primarily triggered by supply shortages in numerous...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:?EUR? US sheet prices hit record highs again in May, with upward momentum persisting into June. Actual US hot-rolled coil prices averaged $1,553 per ton in May, largely in line with our forecast of $1,540 per ton. Prices remain supported by strong underlying sup...Read More
An overview of the new energy materials markets and their price moves in the week to Friday September 10.Susan Zou, Yingchi Yang and...Read More
An overview of the new energy materials markets and their price moves in the week to Friday September 10.Susan Zou, Yingchi Yang and...Read More
The zinc concentrate market remained broadly stable in the fortnight to Friday September 10, with smelters and traders reporting a quiet period but also a continued uptrend on treatment charges since August.Zinc spot concentrate TC, cif China was assessed at $75-92 per tonne on Friday, with the top end of the range rising by $2 since August 27.Smelters had reserved enough concentrate for the...Read More
A bullish mood overtook the London Metal Exchange decisively on Friday September 10, with zinc, aluminium and nickel setting new year-to-date highs on a day that also saw copper volumes exceed 20,000 lots for the first time in three weeks.Aluminium's three-month price set a new 2021 peak of $2,937 per tonne, rising by 3.4% from Thursday's closing price and by 5.9% since the start of the week, when...Read More
An overview of the new energy materials markets and their price moves in the week to Friday September 10.Susan Zou, Yingchi Yang and...Read More
Battery-grade lithium hydroxide prices in Asia accelerated higher in the week ended Thursday September 9, while lithium carbonate prices were left playing catch-up.Chinese lithium prices extend gains amid tight supply.Lithium prices in Seaborne Asian market once again track the strength in China...... as do prices in Europe and the United States after spot activity picks up.Lithium prices in China...Read More
Activities at the S??o Francisco do Sul port, in Brazil's southern Santa Catarina state, resumed after a truckers' road blockade prevented normal operations during this past week, a spokesperson for the port's operator told Fastmarkets on Friday September 10.According to a report from the country's infrastructure ministry, blockades ended entirely on Friday. Demonstrations that broke out across Br...Read More
Sentiment in the European hot-rolled coil market was becoming increasingly gloomy, reflecting the deterioration in demand from the automotive sector, and with prices in the north of the region sliding on Friday September 10, sources have told Fastmarkets.The automotive sector in Europe was reported to be working at reduced rates because of the global shortage of semiconductor chips for onboard ele...Read More
Prices for shredded steel scrap imports into Pakistan inched upward in the week to Friday September 10, supported by healthy demand, sources told Fastmarkets.Prices in India showed small week-on-week rises but have fluctuated in narrow ranges through the week, with trading activity limited.PakistanFastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan, at...Read More
An overview of the consumer electronics markets and their latest price moves.Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Cristina Belda, Dalila Ouerghi...Read More
Turkey returned to the deep-sea steel scrap market with renewed vigor in the week to Friday September 10 although regional mills kept their prices stable at lower levels while those in Asia went up on healthy demand over the period.Turkey scrap prices stable after raft of deep-sea bookingsUnited States scrap export prices still in decline Vietnamese import interest renewed amid higher Chinese...Read More
Base metals prices were higher on both the LME and the SHFE this morning, Friday September 10, with the broader markets also up. Additionally, metals that were previously looking vulnerable now look less vulnerable, suggesting traders are still comfortable being exposed to the metals.United States president Joe Biden and China's leader Xi Jinping are meeting in an effort to improve relationsThe Eu...Read More
An overview of the new energy materials markets and their price moves in the week to Friday September 10.Susan Zou, Yingchi Yang and...Read More
The light-iron scrap market in the United Kingdom was steady during the week to Friday September 10, stabilizing losses from the week prior on persistent tight availability, despite slower export markets to deep-sea destinations, trade sources said.Fastmarkets' weekly price assessment for steel scrap 5C loose old light domestic, delivered inter-merchant, UK was ?170-185 ($235-255) per tonne...Read More
The zinc concentrate market remained broadly stable in the fortnight to Friday September 10, with smelters and traders reporting a quiet period but also a continued uptrend on treatment charges since August.Zinc spot concentrate TC, cif China was assessed at $75-92 per tonne on Friday, with the top end of the range rising by $2 since August 27.Smelters had reserved enough concentrate for the...Read More