American Metal Market is part of Fastmarkets

Copper market participants have told Fastmarkets that European demand for the red metal in 2023 is “not all doom and gloom,” although the market will face problems

The mining sector will need to get over its reticence to operate in jurisdictions with high-risk profiles in order to achieve the growth required for the move to a new generation of energy markets

Fastmarkets made the decision to transition the pricing of Houston ferrous scrap prices from dealer selling to consumer buying assessments in August 2022.

Given the sharp price increases recorded by several major seaborne steel scrap markets at the start of this new year, it can be easy to forget the host of structural issues still bubbling under the surface of the trade

Buying appetite in China for high-purity copper scrap of overseas origin is expected to remain strong in 2023, with questions over the supply of domestic scrap in the country, and a growing trend to repurpose scrap materials as part of the decarbonization movement across the world

Saudi Arabia’s sovereign wealth fund has joined forces with the country’s state-owned mining firm to create a company that invests in mining assets globally in the transition to a new generation of energy markets