Moving existing stocks out of the country despite logistical challenges becomes priority

DRC minister, Julien Paluku Kahongya, says regulation of artisanal mining is the way forward to ensure sustainable and ethical cobalt production for the battery raw materials market

Wheat FOB prices continue to rise amid global export reductions

Following a consultation period and market feedback, Fastmarkets will not discontinue its biweekly imported steel plate price assessment.

China’s alumina exports to Russia surged in April amid stronger demand from the latter due to international trade sanctions imposed on it following its invasion of Ukraine

Brazilian foreign trade chamber Camex has decided to cut import duties by an additional 10% until the end of 2023 after having already reduced tariffs by 10% in November 2021, according to a document published in the country’s official gazette on Tuesday May 24

Fastmarkets used the London Metal Exchange base metals prices at 9:41am London time for the arbitrage calculations on Monday May 23, because there was no data available at 8:00am due to a system error.

India may become increasingly absent from the global seaborne steel markets following the introduction of an export duty at a rate of 15% on a raft of steel products, sources told Fastmarkets

India has started to impose a 15% export duty on iron and steel products and raised the export duty on steelmaking raw materials such as iron ore to 50%

Ukrainian steelmakers, particularly Metinvest and Interpipe, have welcomed the decision by the United States to suspend Section 232 tariffs of 25% against imports of steel from the country for one year