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Iron ore Q2 2021 update to 2040
China continues to astonish the world with it’s unrelenting steel production growth – on track to comfortably reach our 5% growth forecast for 2021...
Can China keep Russian aluminium smelters afloat?
It’s been more than two months since UC Rusal suspended operations at its 1.75 Mtpa Nikolaev alumina refinery in Ukraine. The subsequent Australian...
Steel short-term outlook May 2021
Chinese government enforced production cuts have yet to impact the market, so we think more will be done – likely attempts to curb underlying steel...
Iron ore markets short-term outlook May 2021
Another month, another record price for iron ore! The benchmark 62% fines index hit a new all time high of $235/t CFR on May 12th and the monthly a...
Global lead short-term outlook May 2021
Despite being a mid-pack runner among the base metal prices for most of the month, lead still managed to reach a 16-month high and finish May level...
Global copper short-term outlook May 2021
The risk-off tone that set in across the markets in March continued into the first half of April. Three-month copper prices remained fairly erratic...
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