China, Japan steel bodies meet, tie to clamp down on soaring iron ore prices: experts

The exchanges between steel bodies from China and Japan signified that global soaring prices of the raw material could be restrained to some extent and a more reasonable pricing mechanism may be established to address strained supply chains, experts have said. The remarks followed Luo Tiejun, vice president of China Iron and Steel Association (CISA) …

The post China, Japan steel bodies meet, tie to clamp down on soaring iron ore prices: experts first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/china-japan-steel-bodies-meet-tie-to-clamp-down-on-soaring-iron-ore-prices-experts/

Large steel mills grow larger on improved supply-chain efficiencies: Crisil

Large steel makers took huge strides in terms of both operations and financial performance last fiscal, increasing their market share by 500 basis points (bps) on-year to 58 per cent despite their share of industry capacity remaining unchanged, said a Crisil report today. The improvement was driven by supply-chain efficiencies, higher exports, and captive mines …

The post Large steel mills grow larger on improved supply-chain efficiencies: Crisil first appeared on Hellenic Shipping News Worldwide

https://www.hellenicshippingnews.com/large-steel-mills-grow-larger-on-improved-supply-chain-efficiencies-crisil/

China state planner to step up monitoring of commodity prices, market supervision

China’s state planner said on Wednesday it will step up monitoring of commodity prices and commodity market supervision to maintain order in the market. The statement by the National Development and Reform Commission came after China reported factory gate prices rose at their fastest annual pace in...

https://www.hellenicshippingnews.com/china-state-planner-to-step-up-monitoring-of-commodity-prices-market-supervision/

Interview: Malaysia 2021 palm oil output seen up on better weather, yield: MPOB chief

Malaysia’s key crude palm oil (CPO) numbers are expected to strengthen in 2021 over the last year levels, led by the industry’s improved prospects from favorable weather conditions and better yields, said Malaysian Palm Oil Board’s Director General Ahmad Parveez Ghulam Kadir. Ahmad Parveez said Malaysia’s CPO production, oil extraction rate (OER) and palm oil …

The post Interview: Malaysia 2021 palm oil output seen up on better weather, yield: MPOB chief first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/interview-malaysia-2021-palm-oil-output-seen-up-on-better-weather-yield-mpob-chief/

Copper steadies as Chinese producer inflation stokes price curb fears

Copper prices steadied on Wednesday as high factory gate prices in China raised concerns of price curbs by the government, countering support from supply worries and a promising demand outlook. Three-month copper on the London Metal Exchange was up 0.04% at $9,967.50 a tonne by 0733 GMT, while the...

https://www.hellenicshippingnews.com/copper-steadies-as-chinese-producer-inflation-stokes-price-curb-fears/

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