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Commodities Roundup: Iron ore outlook; UK EV supply chain challenges; US oil, natural gas output forecasts


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For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets.
MetalMiner, a sister site of ours, scours the landscape for what matters. This week:
Iron ore outlook
Amid recovering steel demand  in large part powered globally by China’s stimulus-driven recovery efforts  the demand for iron ore, too, has surged.
MetalMiner’s Stuart Burns delved into the steelmaking material and asked if it has already reached peak prices for 2021.
“Finished steel prices in China have fluctuated strongly through the winter,” Burns wrote. “Rebar prices are coming under considerable pressure, but coil prices are holding up well. That disparity underlines the relative strength of manufacturing compared to construction. ....

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December metals prices; Steel Dynamics guidance; Section 337 probe


This morning in metals news: MetalMiner’s Maria Rosa Gobitz recaps movements in December metals prices;
Steel Dynamics released its Q4 earnings guidance; and, finally, the United States International Trade Commission launched a Section 337 investigation relating to vehicle control systems.
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Recapping December 2020 metals prices
MetalMiner’s Maria Rosa Gobitz recapped the last two weeks in metals and oil as the year draws to a close. ....

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