Governments of countries which are responsible for half of the global gross domestic product (GDP) outlined new targets for the previously agreed Breakthrough Agenda, a 12-month action plan to accelerate the drive toward decarbonization, delegates heard on Friday November 11 at the United Nations’ COP27 climate change conference in Egypt

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

Unprecedented scrap market volatility has created widespread uncertainty in global scrap price movements. Fastmarkets experts analyze the eight market-changing events influencing the global scrap markets

The London Metal Exchange has decided not to ban or otherwise change how it deals with Russian metal, the exchange said on Friday November 11

The United States Department of Commerce revoked Russia’s market economy status on Thursday, November 10, which is likely to lead to higher duties on aluminium imported from Russia and could potentially boost US aluminium premiums, sources told Fastmarkets

The acceptance of green steel so far has been limited by competitive market forces, but it is likely to remain a fundamental focus in the industry, according to market participants

A data analysis

The top 10 copper producers in China are looking to convince the Chinese government to relax copper scrap import standards to improve their secondary production ratio

Southern Yellow Pine prices have plummeted in recent months as a result of inflation and other economic challenges

Aluminium premiums in Europe and Japan continued to move lower in the week to Tuesday November 8, under pressure from weak consumer demand, while premiums in the United States bucked the downtrend for a second week despite uncertainty over the midterm elections there