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December 2020
24 December 2020
The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal transition period ends, easing metals and minerals market participants’ fears of logistics paralysis and material shortages.
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24 December 2020
World crude steel production increased by 6.6% year on year in November, with China, Germany and Ukraine posting the largest increases.
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23 December 2020
Most China’s magnesia prices rose further on Tuesday December 22 due to a shortage of availability, while market participants are keeping a watchful eye on new cases of Covid-19 infections reported in Dalian, Liaoning province, that could affect magnesia delivery through Dalian ports.
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18 December 2020
Sales of passenger cars in the EU dropped by 11.99% year on year in November 2020, due to a second wave Covid-19 lockdown measures being introduced in several member states.
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17 December 2020
Tighter controls on mining activity in China’s Liaoning province and strict environmental regulations have eased the oversupply of magnesia in the country, stirring up an optimistic price outlook for 2021.
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16 December 2020
The Fastmarkets holiday pricing schedule is below.
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11 December 2020
ArcelorMittal Gijon resumed steel making operations this week after six days of downtime due to industrial action, a company representative told Fastmarkets.
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08 December 2020
There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars Jensen, chief executive officer of SeaIntelligence Consulting, said in an interview with Fastmarkets.
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02 December 2020
Exports of magnesia including dead burned magnesia, fused magnesia and caustic calcined magnesia increased in October year on year due to better buying activities from global customers compared with last year.
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November 2020
25 November 2020
The recent surge in container freight costs and availability of cargo space continue to disrupt trade flows in minerals and metals, with trading companies finding themselves unable to dodge the soaring shipping rates.
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25 November 2020
Global crude steel output rose for the third consecutive month in October as other countries joined China in ramping up production, according to the latest figures from the World Steel Association (Worldsteel).
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25 November 2020
European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of the European flat steel market, sources told Fastmarkets.
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18 November 2020
Most of China’s magnesia export prices increased for the first time in 2020 due to falling supply, recent positive government regulations and a stronger yuan against the US dollar, sources said.
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17 November 2020
China’s crude steel, hot metal and finished steel output continued to grow on a year-on-year basis in October, according to data released by the country’s National Bureau of Statistics on Monday November 16.
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16 November 2020
Fifteen countries signed up to the Regional Comprehensive Economic Partnership at the annual summit of the Association of Southeast Asian Nations (Asean) on Sunday November 15.
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16 November 2020
China produced 17.45 million tonnes of refractory materials in China in the first nine months of 2020, down by 7.3% year on year, although performance improved in the third quarter compared with earlier in the year.
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12 November 2020
Fast-rising costs for container freight on a number of major shipping routes are causing disruption in trade flows for minerals and metals alike, sources told Fastmarkets on Thursday November 12.
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10 November 2020
With China significantly ahead of the curve in terms of economic recovery after Covid-19, its ambitious infrastructure investments have been under the spotlight because of the enormous boost to domestic consumption - especially demand for steel products.
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06 November 2020
Contracts for the supply of several mineral raw materials for 2021 are expected to be shorter in their duration and cover smaller volumes compared with previous years, while market participants claim negotiations are progressing slowly and with no clear market references.
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06 November 2020
A summary of ArcelorMittal's financial results for the third quarter of 2020.
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04 November 2020
A summary of results from France-headquartered minerals producer and processor Imerys for the third quarter of 2020, released on Monday November 2.
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04 November 2020
China’s exports of dead burned magnesia (DBM) and fused magnesia (FM) decreased year-on-year in September 2020, with global demand showing no significant recovery after the Covid-19 pandemic. But exports of caustic calcined magnesia (CCM) were up slightly.
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02 November 2020
The latest forecasts from Fastmarkets' team of analysts is ready to view.