Nonferrous scrap export volumes from the United States rose in October, with decreases in used beverage cans (UBCs), nickel and zinc scrap being offset by increases in aluminium, copper and lead scrap, according to the latest data from the US Department of Commerce. In year-to-date comparisons, however, only exports of aluminium scrap declined
Luxembourg-based recycler Befesa’s facility in Mooresboro, North Carolina, is the first in the world to manufacture special high-grade (SHG) zinc solely from recycled zinc
Base metals futures on the London Metal Exchange gave an overall positive performance during the morning trading session on Monday November 14, with the metals mostly continuing their upward trajectory from the previous week
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%
Base metal futures on the London Metal Exchange bar aluminium were down on Monday, October 31, the first full day of trading following LME Week
The Chinese government plans to lower the import thresholds for impurities contained in metals concentrates, indicating that the old standards are no longer practical, sources have told Fastmarkets
The London Metal Exchange has announced new additions to the LMEpassport which will provide increased transparency on brands using scrap material and broaden disclosure to non-LME brands
Soaring energy prices, particularly in Europe, have dominated headlines globally and have had significant impacts on base metal prices, both on the London Metal Exchange and in physical spot premiums
The negotiation season for long-term contracts is well under way in many of the base metal markets, and participants globally have noted that the price volatility seen so far in 2022 and the soaring energy costs in Europe have weighed on consumer sentiment
Fastmarkets has corrected its zinc SHG ingot premium fca Malaysia, which was published incorrectly on Tuesday October 18, due to an error.
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