So far this year, aluminum prices have risen about 40%, faster than all other heavily traded metals. Perhaps few people know that Guinea, a West African country of 13 million people, plays a large role…

China's coking coal and coking coal prices fell more than 6% on September 14, the third consecutive decline due to concerns about the government's output cut controls aimed at stabilizing prices and supply guarantee. Data…

China's hot-rolled bar and coil traded in a tight range, but both were close to high, as peak seasonal demand and China's production cuts at mills pushed prices of these two commodities. higher. Stocks of…

Indonesia's Ministry of Energy and Mineral Resources (EMR) said the country's benchmark coal price has set its highest level in more than a decade as demand skyrocketed in China, South Korea and Europe. EMR fixed…

The market often focuses attention on natural resources such as oil, gold, copper and iron ore. However, focusing only on these areas means you will miss out on a number of other items that are…

The Covid-19 pandemic will continue to disrupt global supply chains, and cargo congestion will last until 2023. Semiconductor shortages are affecting consumers' ability to buy cars, smartphones and virtually all electronics. This situation will not…

In the context of difficult transportation, ports in many countries are constantly facing unprecedented pressure to disrupt supply chains. But even if the supply chain is resumed, will businesses be able to recover? Young intellectuals…

Experts, manufacturers and consumers are not optimistic that the aluminum market will cool down. Supply chain difficulties have roiled commodity markets, pushing aluminum prices to a 13-year high this week. The aluminum price fever is…

In a notice issued late on Thursday afternoon (September 9,), China's National Food and Strategic Reserve Administration (NFSRA) announced that it had released the national strategic reserve oil to lower the price of energy. this.…

ron ore prices fell this week for the second consecutive week as demand from China slowed down due to the policy of restricting steel output in the country, amid signs of slowing Chinese economic activity.…

Mr. Le Quang Trung, Deputy General Director, Vietnam National Shipping Lines, said that there is a link between foreign shipping lines to set market prices. In addition, these shipping lines also charge surcharges in addition…

China has made an unprecedented intervention in the global oil market by releasing its national strategic oil reserve for the first time with the express purpose of lowering the price of this energy. The announcement…

China's iron ore futures fell, topping a second straight weekly decline, hovering near a seven-month low on worries about steel production curbs. January 2022 iron ore traded on October 10 on the Dalian Commodity Exchange…

Nickel, traded on the London Metal Exchange, rose 2.5% to $20,205 a tonne, while aluminum rose 1.6% to $2,837.50 a tonne after touching $2,848, its highest level since 2008. . The price of nickel traded…

China's imports of major commodities appear to be showing signs of strong growth in August, but the increase in volume is more nuanced and illustrates the divergence between the short-term view and the longer-term fundamentals.…

- Coke prices increased more than 7%, coke increased more than 5% - Dalian iron ore prices hit 7-month low Dalian iron ore for January delivery fell 2.7% China's coking coal and coking coal prices…

Guinea possesses the world's leading reserves of iron ore and bauxite, closely linked to the global supply chain. Last week's coup is pushing the West African country's mining industry into a gray area. Last weekend,…

Three-month aluminum futures on the London Metal Exchange on September 8 fell 0.5% to $2,760/ton. Copper fell 1.1% to $9,344 a tonne, zinc rose 1.2% to $3,043, lead fell 0.1% to $2,272, tin fell 2.9%…

Coking coal prices in Dalian rose nearly 16% on the impact of the five-day protests. Coke prices in Dalian rose for the eighth consecutive session. Iron ore prices continued to fall deeply because investors did…

Global copper smelting activity in August fell as plants largely extended maintenance downtime, while flooding and power constraints also had an impact on copper smelting activity. Satellite service SAVANT and broker Marex said copper smelters…

- Copper imports have fallen for 10/11 months since October 2020 - Buyers are reluctant at prices above 9,000 USD/ton - China's aluminum exports in August at highest level since March 2020 China's copper imports…

While iron ore prices in Asia are falling, coking coal prices are moving in the opposite direction, due to China's import ban from Australia and supply struggles. Coke prices traded in Singapore on September 7,…

Increased purchases from Asia-Pacific countries and a tight supply of coal via the railway, linking the coal-producing provinces of South Africa to the port of Richards Bay, continue to keep South African coal prices at…

Thermal coal prices across Asia hit a high, amid low inventories in China and India due to strong electricity consumption. The most-traded thermal coal futures contract on the Zhengzhou Commodity Exchange jumped more than 4%…

The Vietnam Chamber of Commerce and Industry (VCCI) believes that the argument for raising steel billet tax to keep domestic production is not convincing because the domestic market does not seem to be short of…

World iron ore production growth is forecast to accelerate in the coming years, “ending a long period of stagnation” – as iron ore prices fell to a decade low in 2015 (average $55 USD). /ton).…

Oil prices in the afternoon session (September 6) fell about 1 USD/barrel, prices fell after the world's top exporter Saudi Arabia reduced the price of crude oil contracts for Asia at the end of the…

Last session, the price of oil, grains, coal, aluminum... increased, while the price of gold and coffee turned down. In the energy market, oil prices rose slightly as investors were optimistic about global economic growth…

Steel prices today increased to 5,381 yuan / ton on the Shanghai Exchange. MEPS has raised its global crude stainless steel production forecast to 56.5 million tonnes for 2021, up 11% year-on-year. Steel price today continues…

China began auctioning 150,000 tonnes of industrial metal, the third sale from its state reserves this year aimed at easing the pressure on businesses from high commodity prices. China is offering processors and manufacturers the opportunity…

China's iron ore futures fell more than 8% on Thursday, as a sluggish spot market while restrictions on steel output across the country dampened the outlook for reserve demand. September iron ore (iron ore) prices…

Nickel prices on the Shanghai Futures Exchange rose to a record high, supported by steady demand and low worldwide inventories.On the Shanghai futures exchange, nickel price in October 2021 reached a record of 149,870 CNY…

Oil prices rebounded on Wednesday afternoon (September 1), after a US industry report showed crude inventories fell more than expected last week. Prices rose ahead of the OPEC+ meeting, where the Organization of the Petroleum…

China's policy of reducing greenhouse gas emissions is helping Nippon Steel, the world's fifth-largest steel company, increase profits as iron ore prices plummet. China helps Japanese steel company sublimate According to Nippon Steel, China's plan…

According to experts, coal prices in South Africa could increase until the end of 2021 amid problems with the railway, connecting the coal-producing provinces of South Africa and the port of Richards Bay. Limited supply…

Widely used in the transportation and packaging industries, aluminum prices have recently surged as a result of soaring global demand, as the world economy recovers, amid rising transportation costs and constrained supply. difficult, especially from…

Aluminum prices in London have spiked to their highest in more than 10 years and are on track for a seventh straight monthly session as limited output in top producer China fueled concerns about tight…

China's stainless steel prices traded on August 31 up more than 4%, supported by strong nickel prices and supply concerns following controls on energy-intensive projects. Nickel price traded on the Shanghai Exchange rose to a…

China's steel futures prices rose about 4% on August 30, as industrial metal inventories fell for a fourth straight week and increased downstream demand. Data from consulting firm Mysteel showed that stocks of five main…

The most traded aluminum for October delivery on the Shanghai Futures Exchange rose 3.2% to 21,355 CNY. Copper prices traded on the Shanghai bourse rose 1.6% to CNY69,960/ton, nickel rose 2.5% to CNY144,450/ton, tin rose…

  Dalian iron ore for January delivery fell 1.4% to CNY 840/ton, but gained 9.3% for the week after 5 consecutive weeks of decline. - The price of coking coal on China's Dalian Commodity Exchange…

By the late evening of August 28, 44 container ships had to anchor in nearby waters and waited patiently to get a place to unload at the port of Los Angeles - Long Beach, California.…

Never in history has container shipping exploded like it is now. However, experts in the transport sector also realized that a similar phenomenon occurred in another sector, which is dry bulk, in the years 2007-2008.…

The pilot shale oil production area covers an area of ​​up to 2,778 km2 in Tung Lieu basin and aims to achieve an output of more than 1 million tons of oil per year by…

Accumulated in 7 months, coal exports to Indonesia reached 236 thousand tons, up 68 times in volume over the same period in 2020. Faced with this situation, the Ministry of Industry and Trade requested to…

China announced to suspend import and export through Lung Vai border gate (the Vietnamese side is Coc Nam border gate, Lang Son) to tighten measures to prevent the COVID-19 epidemic. The government of Pingxiang -…

Closing the session on August 27, prices of oil, gold, rebar and sugar all increased, natural gas still highest in 32 months, aluminum highest in more than 3 years, Robusta coffee highest in 4 years,…

Today the value dropped to 5,175 yuan/ton on the Shanghai Exchange. Futures values maintain momentum driven by hopes of an improvement such as steel demand in China and struggling margins. Today reduced value again Today's…

Supply chain difficulties have resulted in significant delivery delays and increased additional costs, The vast network connecting ports, container ships and trucking companies around the world is in serious disarray, while shipping costs skyrocket. That's…

The ship Yara Birkeland will run the first trip between two Norwegian towns with a design of 103 containers, a speed of 13 knots. A Norwegian company has created what it calls the world's first…

Iron ore, one of the hottest commodities this year, is falling sharply as China's steel output shows signs of slowing down. Iron ore prices fell sharply Since mid-July this year, iron ore prices have fallen…

Accumulated in the first 7 months of the year, the import turnover of iron and steel scrap from the US reached $ 460 million, an increase of 4.2 times over the same period in 2020,…

During the past period, container prices have increased with no sign of stopping, and container volumes have decreased significantly, especially when operations at ports in Yantian were interrupted. Meanwhile, ports in Ningbo (China) and also…

In order to solve the difficulties that make domestic steel consumption difficult, Vietnamese steel enterprises have had to find a way to boost exports. The outbreak of the COVID-19 epidemic in many localities caused a…

Accumulated in the first 7 months of the year, the import turnover of iron and steel scrap from the US reached $ 460 million, an increase of 4.2 times over the same period in 2020,…

The world coal market is becoming "hot" than ever. Coal prices have continuously broken high records to reach new highs due to strong demand and many other factors. Coal price traded on the Dalian Exchange…

Dalian coking coal increased by 5.8%, coking coal increased by 6.5%. Dalian iron ore rose 6.1%, Singapore iron ore increased 8.5%. Dalian coking coal and coking coal prices traded on August 24 rose to record…

London copper prices fell on August 24 as caution began ahead of the US Federal Reserve symposium later this week. Three-month copper on the London Metal Exchange fell 0.5% to $9,234 a tonne, while the…

The Australian Anti-Dumping Commission determined that Vietnamese enterprises did not commit dumping, the Vietnamese Government did not subsidize and interfere in the precision steel pipe manufacturing industry. The Australian Anti-Dumping Commission (ADC) has issued an…

Inventory value recorded a sudden growth in many steel enterprises. What is the cause of this increase in hoarding and will it bring risks to enterprises in the near future when steel prices are forecasted…

South African coal prices hit a multi-year high, above $140 a tonne due to problems with the rail system linking South Africa's coal-producing provinces and the port of Richards Bay. Increased trading activity by Indian…

Most of the main oil-consuming countries are currently either in the third or fourth wave of Covid-19 infections since the start of the pandemic, or are battling to contain community outbreaks. The number of Covid-19…

Oil prices rose on Monday morning (August 23), recovering from several bearish sessions, although concerns about increased cases of the Delta variant kept sentiment cautious. Brent crude rose $1.16, or 1.8 percent, to $66.34 a…

The Dalian Commodity Exchange (China) on August 19 announced that it would raise trading fees for some coking coal and coking coal futures contracts from August 24, after trading sessions in the past few days.…

The Baltic Exchange Dry Index rose 3% on August 20 to 4,092, its highest level since mid-2010, extending a nine-session streak of gains, driven by commodity demand. Globally, recovery amid further shipping restrictions, especially in…

The Ministry of Industry and Trade decided to impose an official anti-dumping tax on some H-shaped steel products of Malaysian origin at 10.64%. The Trade Remedies Administration (Ministry of Industry and Trade) said that recently,…

Steel prices today increased to 5,064 yuan / ton on the Shanghai Exchange. With the global steel production recovery underway, the seaborne iron ore trade deficit is expected to deepen in 2021 and stretch into…

China Iron and Steel Association (CISA) on August 19 continued to urge its members to limit the country's total steel exports and reduce exports of low-grade products, in order to ensure domestic supply and make…

Copper prices traded on August 20 fell to their lowest in more than four months as a massive Chinese sell-off curbed growth. Copper prices traded on the London Metal Exchange fell 1.6% to $8,901 a…

China is in a dilemma as restrictions on steel production could cripple efforts to control prices. This will have a significant impact on the global steel market, because China accounts for about 60% of the…

Most logistics enterprises belonging to the "Tan Cang" family such as ILB, TCL, TCW... all grew in revenue and profit in the first half of the year. Member unit Tan Cang Marine Services is about…

Shipping ports around the world always face delays due to waves, fog or storms. However, the Covid-19 pandemic has caused the biggest disruption since container shipping began growing 65 years ago. Meanwhile, experts predict supply…

Oil prices fell on Friday, the longest losing streak since February 2020, as the number of COVID-19 infections spiked worldwide, stoking concerns about slowing fuel demand, while gasoline stocks faltered. The US unexpectedly increased, putting…

China's National Bureau of Statistics (NBS) said that global commodity prices will remain high in the short term and the country will continue to take measures to secure supply and stabilize prices. According to NBS…

"China's 'zero-tolerance' policy is an effective way to deal with the epidemic, but it also has many negative effects on the supply chain," according to Dawn Tiura, Sourcing's managing director. Industry Group, an American-based manufacturing…

GHRC steel price in the US may peak at $2,000 in Q3; in China commitments to cut emissions cause the country to limit production output and limit exports; opportunities for manufacturers, including in Southeast Asia…

The evolution of the Covid-19 epidemic is still extremely complicated in Vietnam, especially in the southern provinces and cities, where most of the important seaports connecting trade between Vietnam and the world are concentrated. such…

When the container market is increasingly "hot", many businesses "blow up prices" abnormally, Chinese businessmen have sought to buy old ships for long-term rental. Recently, a series of Chinese companies have been established with the…

From August 18, Tan Thanh border gate (Lang Son) will return to normal customs clearance after the Vietnamese and Chinese sides have agreed on the process to prevent the Covid-19 epidemic. The Ministry of Industry…

VDSC believes that the price of hot rolled steel (HRC) of Hoa Phat (HPG) in the third quarter will continue to increase to $960/ton and remain at $900/ton in the fourth quarter of 2021. Therefore,…

Steel prices today fell to 5,171 yuan / ton on the Shanghai Exchange. China Steel Corp, China's largest steel producer, said it would raise domestic prices by 1.2% next month. Steel prices continue to fall…

China steel futures prices fell, with rebar leading the decline after falling to the lowest level in more than 10 days, as industrial output growth was slower than expected. Data from China's National Bureau of…

China steel futures prices fell, with rebar leading the decline after falling to the lowest level in more than 10 days, as industrial output growth was slower than expected. Data from China's National Bureau of…

The alternating corrections caused the "wave" of steel stocks to gradually slow down, statistics on the market, since the end of the second quarter, the market price of steel stocks has decreased by 6-15%. After…

The Vietnam Trade Office in Indonesia (Ministry of Industry and Trade) recommends that Vietnamese coal importers note that in the process of trading coal from Indonesia, they should not sign new transaction agreements with these…

The latest UN report indicates that coal needs to escape from global energy systems, to avoid severe climate change. However, for most of the countries in Asia, coal is still a highly used fuel. A…

President Joe Biden has long been a staunch supporter of America's abandonment of crude oil in favor of renewable energy. However, his administration recently opened up a proposal to OPEC to increase production. The Biden…

Japan's steelmakers are on track to recover their annual profits after a slump caused by the COVID-19 pandemic, amid rising world demand driving commodity prices higher. Japan's second-largest steelmaker, JFE Holdings, on August 12 doubled…

Recently, China had to partially close a container port with the third busiest operation in the world after an employee was infected with nCoV. As a result, global trade and supply chains could suffer more…

The price of iron ore futures traded on August 13 in China fell more than 4% and has been on a continuous downward trend due to sluggish steel production demand because of government control of…

Nickel price on August 13 increased by 1.7% to $ 19,705 / ton, towards the third consecutive session of price increases. Meanwhile, the September nickel contract in Shanghai closed up 4.6% to 146,720 yuan. Nickel…

Hai Phong Department of Finance has just issued Notice No. 385/TB-STC dated August 11, 2021 on the change of the unit that collects fees for the use of infrastructure works, service works and public utilities…

Oil prices in the morning session (August 11) rose due to an improved US fuel demand outlook. Industry data showed US crude and gasoline inventories fell last week, while the US Energy Information Administration raised…

The Vietnam Maritime Administration has been implementing many solutions to ensure that the logistics supply chain via sea is not "broken". The specific solution is to create open conditions so that Vietnamese ship owners can…

World aluminum prices are up 31% year-to-date, now hitting a decade high, and are expected to soon outstrip 2010's record high as demand is forecast to grow the most this year. so far because the…

China's iron ore demand is also being masked by a policy of tightening steel output, concerns about the impact of the worst COVID-19 outbreak since early last year, inflationary pressures and industry growth. industry slows…

- Three-month copper futures on the London Metal Exchange rose 0.9 percent to $9,454.50 a tonne. - Copper prices for September delivery traded on August 10 on the Shanghai Futures Exchange fell 0.2% to 69,550…

Dalian iron ore fell for the fifth session SGX iron ore drops to lowest since April 19 Spot iron ore hits its weakest level since April 2 Dalian iron ore traded on August 10 fell…

South Africa's coal indexes hit 13-year highs, reaching over $130 a tonne. According to experts, coal prices may continue to increase in the short term due to limited supply. The price of domestically produced NAR…

BSC believes that export steel prices will tend to correct due to the recovery in world supply. Steel prices will gradually return to the long-term average due to the decline in world steel prices due…

In the investment outlook report of the global oil and gas industry just released, international credit rating agency Fitch Ratings said that Saudi Arabia (Saudi Arabia) will lead the increase in oil and gas output.…

Oil prices fell more than 2% on Monday (August 9), extending last week's sharp decline on the back of a stronger dollar and concerns that curbing a new pandemic in Asia, especially China, could hurt.…

If from the beginning of the year (January 2021) up to now, the country's reference coal price has increased by 72.7%. The coal price in August 2021 is Indonesia's highest price in the past 10…

China has turned from boosting global demand for key commodities into a drag on growth, its customs data for July confirming a weakening trend for imports of crude oil, iron ore and copper. Coal is not…

Container freight rates from China to the West have increased sharply recently, in the context of a global supply chain that has been strained for months now and the outbreak of Delta variants in many…

In the coming time, normal construction steel products will meet the steel demand for the domestic market. Hot rolled coil (HRC) will still be imported because the domestic supply can only meet more than 50%…

Tin and aluminum prices are likely to continue to outperform other base metals in the second half of 2021 due to strong demand and tight supply. "Tin and aluminum prices are still much stronger than…

The world iron ore price has been on a downward trend recently. China's steel industry authorities and experts say the price drop has only just begun, as it could last until the end of the…

Copper prices in London fell on August 6 and are set to fall weekly, as a stronger dollar makes the greenback-denominated metal more expensive for holders of other currencies. Three-month copper on the London Metal…

Demand for copper for the electric vehicle and renewable energy sectors has surged, making the metal's price action a hot topic among investors and economic planners. Copper is one of the most important metals in…

World oil prices rose on the morning of August 5, but the increase did not offset the previous day's decline, after an unexpected increase in crude oil inventories in the US, the world's top oil…

The price of iron ore for September delivery fell 5.6% to 999 CNY (equivalent to 154.54 USD)/ton during the session. Iron ore prices ended the session down 4.8% at 1,007 yuan, the lowest since April…

The US government is still trying to clarify the situation, but multiple reports say an oil tanker has been attacked in the Gulf of Oman and the status of several other ships is currently unknown.…

Chinese companies that want to go global are facing an unusual problem: transportation. The ability to access low-cost manufacturing centers at home has long been a major competitive advantage for Chinese enterprises to compete abroad.…

On Comex, copper for September delivery fell 1.4% compared to Monday, to only $9,619 per tonne due to pressure on metal imports from the Chinese market. Before the new wave of Covid-19, the re-expansion of…

Copper prices traded lower on August 3 on concerns that the rapid spread of powerful COVID-19 variants will further spur lockdowns and limit demand for the industrial metal. Three-month copper futures on the London Metal…

Higher electricity demand due to hot weather has supported higher coal prices. South African coal prices, hitting multi-year highs, hit $130/ton. Coal quotes from South Africa may continue to rise in the short term, due…

The price of iron ore on the Singapore Exchange fell 16% within a month. For steel, it is likely that prices will continue to increase in the coming months. Asian iron ore prices fell in…

Oil fell on Monday morning in Asia, as concerns about a slowing economic recovery in China, the second-biggest consumer of oil globally, dimmed the fuel demand outlook. Investors are also looking to the Organization of…

Starting today, August 1, 2021, China increased export tax on iron and steel to a new high, and at the same time removed the export tax reduction for 23 steel products. Starting today, 1/ In…

Trung Quốc sé tăng thuế xuất khẩu đối với gang thép từ 1/8, đồng thời loại bỏ việc giảm thuế xuất khẩu đối với 23 sản phẩm thép nhằm đảm bảo nguồn cung trong nước…

In the first 6 months of 2021, the country's iron and steel exports reached over 5.88 million tons (up 50.5% compared to the first 6 months of 2020), earning nearly 4.52 billion USD (up 117%).…

World oil prices fell on the morning of July 30, although on track to post solid gains for the week with demand growing faster than supply, while the positive impact of vaccinations reduced the increase…

In the first six months of this year, China imported a total of 139.56 million tons of coal, down 19.7 percent year-on-year. In June 2021 alone, imports have increased, with the highest 28.4 million tons…

Many organizations and experts agree that oil prices will continue to increase. The almost only factor that can hinder this upward momentum is the possibility of a resurgence of the Covid-19 pandemic. With the success…

Steel prices in China fell for a second session in a row as concerns about slowing demand for construction materials and manufacturing outweighed worries about output cuts. The country's intention to increase steel export tax…

Copper prices traded on the London Metal Exchange (LME) fell 0.5% to $9,714.50 a tonne after hitting $9,924 on July 28, the highest level since June 15. Copper prices traded on July 29 near a…

Steel prices today increased to 5,684 yuan / ton on the Shanghai Exchange. Crude steel output of mills in Turkey reached 19.7 million tons in the first half of 2021, 20.2% higher than the same…

Oil prices rose on Wednesday morning after data showed US crude and product inventories fell more than expected last week, bolstering expectations that demand will outpace supply growth. supply increased even amid the COVID-19 spike.…

Iron ore prices traded in China and Singapore both increased on July 26, the first gain after five previous losses, as steel industry profit margins recovered in China, pushing up demand for iron ore. up.…

Vietstock - Oil almost flat on worries about demand Oil prices steadied on Monday (July 26) as the spread of the Covid-19 Delta variant raised concerns about future fuel demand, although crude supplies look set…

Oil prices rose slightly on Tuesday morning, as investors bet tight supply and rising vaccination rates would help offset any impact on demand from a rise in COVID-19 cases. -19 worldwide. Brent crude oil futures…

Experts predict that the world and Vietnam iron and steel markets will have strong fluctuations in the third and fourth quarters of this year. In 2021, the story of the iron and steel market is…

Oil prices fell on the morning of July 23, but ended the week stable after recovering from a sharp drop earlier in the week, bolstered by expectations of a rebound in demand. Brent crude oil…

Three-month copper on the London Metal Exchange fell 2.1% to $9,232 a tonne. The price of the metal hit its lowest level since June 21 at $9,131 after the New York market opened. Copper prices…

Import-export tax policy in general and steel export tax are long-term policies that contribute to promoting the domestic manufacturing industry, including the steel industry. The view of the Steel Association (VSA) is that the Government…

The Chinese government asked factories in Jiangsu, Fujian and Yunnan provinces to cut output. The price of iron ore for September delivery on the Dalian exchange on July 21 was 181.3 USD/ton, down 3.9% compared…

World coal prices have increased for many months now, but actually increased sharply from May 2021 due to insufficient supply to meet demand, in the context of hot weather in China pushing up electricity demand,…

Coal prices in Europe have climbed to their highest level in a decade, to $135 per tonne. Limited supply of raw materials and increased use of electricity amid heat waves in several EU countries have…

SHANGHAI, Jul 19 (SMM) — Opening trends of Shanghai base metals were mixed on Monday morning, as US PPI and CPI rose simultaneously last week, and Fed chairman reaffirmed the easing stance of monetary policies.…

The Organization of Petroleum Exporting Countries (OPEC+) has agreed to increase oil supplies from August to boost the global economic recovery. In a statement, OPEC+ said 23 members of the group had agreed from August…

Each car 'born' requires 900 kg of steel, how is the auto industry affected when steel prices rise? Steel is an important material in the automotive industry. Manufacturers need an average of 900 kg of…

Prices of all iron and steel grades rose this week, with stainless steel gaining the most, more than 7%, while iron ore gained more than 6%, other products also on the rise. The price of…

China's stainless steel futures prices rose more than 5% on June 15, hitting an all-time high on strong consumption and rising raw material supplies, while concerns over production cuts in the sector increased. Steel sector…

Not only in China, the stainless steel market is heating up globally due to scarce supply but rapidly increasing demand, along with rising raw material prices. Metals demand continues to grow globally as manufacturing and…

The oil market recently recorded new fluctuations after OPEC and OPEC + could not reach an agreement on the production quota starting from August 2021. The oil market recently recorded new fluctuations after the Organization…

Oil prices fell again on the morning of July 15 as investors prepared for more supply. Brent crude for September delivery fell 44 US cents, or 0.6%, to $74.32 per barrel, while US crude (WTI)…

Iron ore futures in Asia rose more than 3%, on concerns that tight supply of the steelmaking raw material would reduce Chinese steel demand. The most-traded iron ore in September on China's Dalian Commodity Exchange…

Proposing to increase the export tax rate of steel billet (headings 72.06 and 72.07) from 0% to 5%. It is proposed to reduce the MFN import tax rate for reinforced concrete from 20% to 15%.…

Although the domestic and imported iron and steel prices are decreasing by 10-11.4%, the domestic construction iron and steel prices are still at a record high. On July 12, at authorized dealers and stores of…

SHANGHAI, Jul 14 (SMM) — Shanghai base metals were mostly lower on Wednesday morning as investors digested hotter-than-expected U.S. inflation data and corporate earnings. Meanwhile, their counterparts on the LME declined across the board. Shanghai…

World oil prices on the morning of July 13 recovered from the previous closing drop, when it was expected that US crude inventories would decrease further. Brent crude for September delivery rose 25 cents, or…

SHANGHAI, Jul 13 (SMM) — There have been rumours in the market that China will reduce crude steel production in 2021. However, cumulative crude steel output from January to May announced by the National Bureau of…

SHANGHAI, Jul 13 (SMM) — Operating rates across major aluminium processors slid 0.1% from a week ago to 72.7% last week. Aluminium wire and cable sector performed the best due to concentrated delivery to the State…

SHANGHAI, Jul 13 (SMM) — Shanghai base metals were mostly lower on Tuesday morning as investors awaited the release of China's trade data for June. Meanwhile, their counterparts on the LME also fell for the…

Steel prices on the Shanghai Stock Exchange - the reference for the Asian market - continued to rise to the highest level within 8 weeks after the Chinese Government announced measures to ease monetary policy,…

The iron ore market in China is under strong downward pressure due to concerns that demand will decrease when the Chinese Government steps up control activities on steel production in the near future to achieve…

Domestic demand may be weaker in the June-September period due to seasonality, high selling prices and the negative impact of Covid-19. Steel demand weakens due to seasonality, high prices and Covid-19, expect steel prices to…

Previously, in March 2020, Vingroup spent 450 billion VND to buy back all shares in Huong Hai - Quang Ngai from partners, and assigned Vinfast to be the organization in the name of the shares…

The European Commission (EC) decided to extend the period of application of safeguard measures in the form of tariff quotas (TRQ) for some imported steel products for an additional 3 years (effective from January 1st).…

Copper prices fell in the last session after the US Federal Reserve (Fed) confirmed its plan to tighten monetary policy earlier than initially expected, which will reduce liquidity in the market. Copper futures for three-month…

World oil prices rose on the afternoon of July 9 as data showed that US gasoline and crude oil inventories fell and fuel demand increased. Brent oil futures rose 27 cents, or 0.4%, to $74.39…

- The price of coke for September delivery on the Dalian exchange, China was at 2,472 CNY/ton ($381.5/ton), down 5.3% compared to 7/7. - Coking coal futures fell 5.3% at 1,831 CNY/ton ($280/ton), the lowest…

SHANGHAI, Jul 9 (SMM) — Shanghai base metals were mostly higher on Friday morning as investors looked ahead to the release of China's inflation data. Meanwhile, their counterparts on the LME advanced across the board.…

Recently, the Vietnam Maritime Administration has reported to the Ministry of Transport the results of an interdisciplinary inspection team on shipping rates and surcharges at 10 foreign shipping lines operating in Vietnam. Specifically include: MSC,…

Since August 2020, the price of US HRC steel has increased nearly 4 times compared to the starting level of only 440 USD/ton. Steel prices are continuing to rise rapidly, setting new records thanks to strong…

In a dispatch sent to the Minister of Agriculture and Rural Development, VASEP said that member businesses are "impatient" because of high sea freight rates, along with a prolonged shortage of containers with no direction.…

Vietnam's open-pit coal mines have been and will continue to play an important role in the development of Vietnam's coal industry. In order to ensure the safety of deep mining, meet the output requirements, and…

Although the cost of transporting containers from Vietnam to European and North American seaports has increased by 5 to 10 times compared to the first months of 2020, most of the profits have gone to…

Copper prices on the London Exchange (LME) fell from a three-week high as the dollar strengthened and oil prices fell. Prior to the last session, copper prices had two consecutive gains as investors increased their…

Steel prices in the Chinese market rose in the last session on the rise of steel raw material prices and the forecast that the Government of this country will increase production control, despite the slowing…

Steel factories in Tangshan, China reopened after the 100th anniversary of the founding of the Communist Party of China. Iron ore futures on the Dalian Stock Exchange, for September delivery, rose 5.6% to 1,226 yuan…

Despite weakening demand from India's power generation companies, coal prices in South Africa rose to $114 per tonne due to limited export coal supplies. The Chinese government's suspension of some coal mines before the public…

SHANGHAI, Jul 6 (SMM) — Operating rates across major aluminium processors decreased slightly by 0.3 percentage point from a week ago to 73.1% last week as orders declined with the arrival of the traditional off-season.…

SHANGHAI, Jul 6 (SMM) — Futures and spot prices of ferrous metals fluctuated last week. The futures prices of coking coal and coke weakened amid looser control after July 1

SHANGHAI, Jul 5 (SMM) — Shanghai base metals were mostly higher on Monday morning as investors digested a better-than-expected US jobs report. Meanwhile, their counterparts on the LME fell for the most part.

Statistics from the Vietnam Seaport Association show that in the first half of 2021, Cai Mep - Thi Vai port (Vung Tau) continues to be among the fastest growing seaports in the world, with an…

Chinese steel prices rose for a seventh straight session on lingering concerns about the supply outlook. The world's leading producer of building materials and manufacturing is looking to reduce output this year. Hot rolled rods…

Besides, the steel price gap between Europe, North America and Vietnam is increasing, which means a good profit margin for domestic exporters. Therefore, VDSC expects export volume to increase strongly in the second half of…

Copper prices were under pressure due to weak manufacturing data from China and a stronger dollar. Copper prices on July 2 on the London Metal Exchange (LME) fell 0.6% to $9,317.5 per tonne, the metal…

Expensive raw materials combined with falling steel demand in China weigh on steelmakers' profits. Some steelmakers in Tangshan have reduced output. While ports near Beijing such as Tangshan, Jingtang, Caofeidian also suspended operations until the…

In the first 5 months of 2021, coal imports reached 16.43 million tons, equivalent to 1.46 billion USD, a sharp decrease of 33% in volume and a decrease of 19% in turnover. According to statistics…

Iron ore prices in China fell after four consecutive sessions of gains as demand for steel in the country showed signs of decline and investors worried about market interventions by the Chinese government. Closing the…

Iron ore for September futures on China's Dalian Commodity Exchange closed down 2.7% at 1,153 yuan ($178.57) per tonne after four consecutive gains. The July iron ore contract in Singapore fell 2.3% to $207.75 a…

The DOC concluded that copper pipes imported from Vietnam were dumped in the US by a margin of 8.35%, significantly lower than the dumping margin alleged by the US domestic industry of 110%. The Department…

Asian iron ore prices are volatile. After 4 consecutive gaining sessions, the last session's price reversed to decrease as China's steel demand fell due to unfavorable weather and the government of this country continuously introduced…

Iron ore prices in Asia rose as iron ore inventories at Chinese ports steadily declined. Iron ore for September term on the Dalian Commodity Exchange, China closed up 2.1% to 1,196 CNY ($185.31)/ton, up for…

Copper prices fell  0.2 percent to $9,397.50 per tonne, nickel prices fell 1.8 percent to CNY 135,240 per tonne, copper prices fell 0.8 per cent to CNY67,960 per tonne, and zinc prices fell 0.4 per…

Copper price maintained around $9,417/ton, 3-month tin futures rose 0.5% to $30,800/ton. Prices of metals used in the power and construction sectors are up about 5% this week. Copper prices held steady on June 28, 2021…

SHANGHAI, Jun 28 (SMM) — Shanghai base metals traded mixed on Monday morning as official data showed that China's industrial profits for May slowed. Meanwhile, their counterparts on the LME rose for the most part…

At the end of the last trading session, on the London floor, the price of copper futures for delivery in 3 months remained stable at 9,417 USD/ton, tin price increased by 0.5% in the last…

Iron ore price on June 26 increased by 1.2% to 1,185 CNY/ton. The price of rebar 10/2021 traded on the Shanghai Exchange this session increased by 1.8% to 5,066 CNY/ton; Hot rolled coil, used in…

Despite the outbreak of the COVID-19 pandemic that caused the industry's global growth outlook to collapse, China recorded an increase in crude steel production of up to 5.2%, touching 1.053 million tons. The price of…

Copper prices fell for the first time this week as mixed signals from the Fed made investors nervous about the timing of a U.S. rate hike, which could weaken demand for the metal. At the…

Iron ore price on June 24, 2021 increased by 4.0% to 1,173 CNY/ton. The price of rebar delivered in October 2021 increased by 1.4% to 4,934 yuan/ton; hot rolled coil increased by 0.7% to 5,153…

Copper prices on June 24, 2021 extended gains after the head of the US central bank vowed to keep interest rates low to promote economic recovery. On the London bourse, three-month copper futures rose 2%…

Steel prices in China fell after the Chinese government's move to investigate speculation in iron ore, the main raw material in the steel production process. Ore prices fell immediately after China's move.

SHANGHAI, JUNE 23 (SMM) - The average CIF price of 1.5% ore last Friday stood at $64/wmt, unchanged from a week earlier. Most sellers have sold out their expected July sales as the large influx…

SHANGHAI, Jun 23 (SMM) — Operating rates at secondary aluminium producers stood at 59.56% in May, down 5.44 percentage points month on month, but up 10.87 percentage points year on year. Operating rates fell across…

Hoa Phat's CB240 steel coil was at VND 16,600/kg, down VND 600/kg compared to the price from June 7 to June 20, equivalent to 3.6%.

At the end of the trading session on June 22, 2021, the reference copper futures price on the London floor increased by 0.6% to $9,203 per tonne, in some sessions the price dropped to only…

Iron ore for September futures fell 8.8% to 1,121 CNY (equivalent to 173.31)/ton, sometimes down to only 1,118.5 CNY, the lowest since June 8. Iron ore for July delivery on the Singapore Exchange fell 5.7…

Copper futures prices last week closed at a two-month low after a double shock from Beijing. China's pledge to release its national stockpile may signal Beijing's commitment to price curbs, while also warning state-owned enterprises…

Although China is still the largest importer of goods in the world, China is no longer at the center of the global goods industry. Commodity prices are currently falling, but it is still too early…

Copper prices for delivery on June 19, 2021 fell 1.7% to $9,159/ton and fell about 8.5% this week. Copper exports in May 2021 reached 79,044 tons, up 3.4% compared to April 2021 and up 67.7%…

The iron ore market was mixed largely because investors were bewildered about the conflicting policies of the Chinese government. Iron ore, one of the hottest commodities in the early days of the recent rally in…

Giá nguyên liệu sản xuất thép tại Trung Quốc ngày 18/6/2021 tăng, được thúc đẩy bởi sản lượng thép thô hàng tháng đạt mức cao kỷ lục và nhu cầu tăng mạnh. Trên sàn Đại…

Copper prices fell to a two-month low, after the US Federal Reserve raised expectations of interest rate hikes, boosting the dollar and weakening demand for the metal. Prices have also been hit by top consumer…

Inventories of rebar across Chinese steelmakers and social warehouses stood at 10.66 million mt as of June 17, up 3.8% from a week ago. Stocks are up 8.7% from a year earlier. SHANGHAI, Jun 17…

SHANGHAI, Jun 17 (SMM) – LME and SHFE base metals mostly went up in the overnight trading on Wednesday after Fed brought forward the interest rate hikes into 2023. In LME market, copper went up 0.73%,…