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

Growing uncertainty about end-user demand and input costs through 2022 has driven a change in consumer habits in Europe’s aluminium and steel markets, with traders foreseeing a continuation of hand-to-mouth buying going into 2023

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

Fastmarkets is extending the consultation period for its proposal to launch an assessment of the secondary aluminium billet premium, delivered duty paid Europe, for a further two weeks, following initial feedback on the proposed specifications.

The recent drop in freight rates and rising Chinese alumina prices have reportedly opened the arbitrage window for imports from Australia to restart, sources told Fastmarkets

Recycling and sustainable production have become topics that mining companies have had to face up to, the audience at Mines and Money’s Resourcing Tomorrow conference heard

Saudi Arabian multi-metal company Ma’Aden and the government of the Kingdom of Saudi Arabia are seeking to increase the position of the country in the global metals supply chain through further investment into the industry within the country

Key data from Fastmarkets’ aluminium ingot ADC 12 pricing session in China on Wednesday November 30

German equipment provider SMS Group will provide a logistics and storage system for a forthcoming $238.7 million aluminium foil plant being built in the US by South Korea’s LOTTE Group to meet demand for the material’s use in electric vehicles (EVs)

Industry association European Aluminium has put together an independent taskforce to investigate certain aluminium imports to the region from Turkey, according to documents seen by Fastmarkets