The world is looking for cleaner metallics. That has been the undeniable tenor from the steel industry for months. The United States already makes a majority of its steel via the cleaner electric-arc furnace production method, and European steelmakers have announced similar investments. In China, the government is cracking down on high-polluting steel output, and it recently announced the removal of import tariffs on clean metallics such as ferrous scrap and pig iron.

Demand for refined copper in China has now surpassed levels seen prior to the Covid-19 pandemic, according to Vancouver, Canada-based Teck Resources.

Fastmarkets proposes to revise the outlier detection method used in the calculation of its copper concentrate treatment and refining charge (TC/RC) index to reflect timely changes of an increasingly active spot market.

With the exception of the June nickel contract, base metals prices on the Shanghai Futures Exchange were weaker this morning, Wednesday April 28.

Due to a reviewer error, the publication of Fastmarkets’ aluminium P1020A premium, ddp Midwest US was delayed on Tuesday April 27.

The supercharged global corn complex has heaped pressure on physical premiums in Argentina’s Up River hub as the high...

Copper is once again pushing ahead with its advance toward $10,000 per tonne this morning, Tuesday April 27, and such is the upward momentum now across most of the complex that it has woken nickel up from its two-month slumber in low ground.

Algeria has become the latest country on a growing list of buyers looking to import milling wheat cargoes and secure supply...

Copper led the London Metal Exchange base metals higher this morning, Monday April 26, and most of the base metals on the Shanghai Futures Exchange were up too, while the market continued to benefit from the strong purchasing managers’ index (PMI) data that was out on Friday.

Sustained demand for containerized ferrous scrap imports in the key Taiwanese market should continue to support prices in the near term, market sources told Fastmarkets.