American Metal Market is part of Fastmarkets

Recycled metals including prime steel scrap are becoming the gold standard commodity for producers and consumers of quality, low-carbon metals. Follow the discussion as our Senior expert Lisa Gordon analyses the impact of prime scrap shortages on the US HRC market

The US Midwest aluminium premium for P1020A material rose for the first time in 36 assessments on Tuesday November 1, with most US market participants expecting there to be further upside

Following a one-month consultation, Fastmarkets has amended its 62% Fe iron ore port index base specifications to more closely reflect the chemical composition of mainstream mid-grade ores produced in Australia’s Pilbara region

Three-month prices for base metals on the London Metal Exchange all rose at the 5pm close of trading on Tuesday November 1, with nickel’s price increasing by 8.2%

The Chinese battery-related nickel market has continued to show strength, with domestic prices rising and demand appearing strong for intermediate feedstock products such as nickel mixed-hydroxide-precipitate (MHP). But the international sulfate market has continued to show weakness on a spot basis with little buying interest reported.

Trade body European Aluminium and the European steel association, Eurofer, have teamed up with other sectors facing a proposed carbon levy on imports, to call for a gradual implementation of the new regulations supporting the EU’s transition to climate neutrality by 2030