Hot-rolled coil prices in the United States have remained in the $57- to $58-per-hundredweight ($1,140- to $1,160-per-short-ton) range, with most market participants indicating that the market has not yet reached its tipping point.

Ferrous markets are volatile, and 2020 marked one of the most up-and-down years for steel pricing in recent memory, but perhaps no year was as unpredictable as 2008.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly weaker this morning, Wednesday February 3, with zinc prices bucking the trend.

Market fundamentals have reasserted their influence on copper pricing in the first quarter of 2021, but macro forces are expected to push and pull the red metal’s price in the near term, driving volatility.

Last week, Mato Grosso’s soybean harvest reached just under 5% of the projected area, with the country’s safrinha corn...

Market participants in the aluminium industry are calling for more transparency in low-carbon aluminium pricing, following recent global initiatives to lower carbon emissions that have created greater demand for such products.

South African manganese miner Assmang has declared force majeure on some shipments after state transport provider Transnet issued the same notice last week.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed, albeit with a downside bias, during morning trading on Tuesday February 2, while silver was consolidating below highs but above its recent trading range.

The American Metals Supply Chain Institute (AMSCI) is urging President Joe Biden to eliminate steel and aluminium tariffs in an effort to lower domestic costs and boost employment in the United States' metals supply chain.

Hot-rolled coiled prices in the United States held essentially flat to begin February.