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Market participants shared insight into the market dynamics for copper, nickel, zinc, lead and tin during LME Week, which ran September 30-October 4
The Western world’s industrial strength is beginning to drop, but Jakob Stausholm, chief executive officer of Rio Tinto, said at a London Metal Exchange seminar that there was “plenty of demand to be unlocked from reindustrialization.”
Fastmarkets has corrected MB-STE-0894 steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonne, which was published incorrectly on Monday October 7.
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey
Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.
There are more signs emerging of the green steel evolution in Asia, even as steelmakers seek to differentiate themselves with green certifications to edge ahead of competitors, market sources have told Fastmarkets.
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