Year-on-year increases in contract base prices for special bar quality (SBQ) steel products put 2023 deal levels on par with spot prices seen early this month, market participants told Fastmarkets, noting that some buyers also negotiated shorter contract terms on fears of a price drop late next year

Leading mining companies have recently expanded their exposure to copper via acquisitions rather than through greenfield investments, but new projects are needed to feed an expected rise in demand amid global energy transition trends, market experts have told Fastmarkets

What does 2023 have in store for the US scrap market? Find out today in our monthly US steel scrap price trends outlook

The outlook for the steel plate industry in the United States is cloudy for 2023 due to three conflicting factors: more incoming supply, expectations for stronger demand and the decoupling of the plate market from hot-rolled coil prices

Our monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead

US steel scrap prices are experiencing historic highs — but as the market stabilizes, will the spread between busheling over shredded continue to widen beyond historical averages in 2023?

Steel prices in the United States are unlikely to return to last year’s highs over the next year due to incoming steel capacity and falling raw materials prices, which could affect steel mills’ profitability, analysts told Fastmarkets

The European charge and high-carbon ferro-chrome benchmark for the third quarter of 2022 has slumped by 16.7% from the previous quarter’s settlement to $1.80 per lb

The aluminium packaging sector has continued to report robust demand and financial results despite the weaker market conditions that have hobbled some other aluminium end-users

A common theme emerged in July during the second-quarter earnings calls of major steel producers — many are highlighting their hedging strategies against deteriorating spot prices for hot-rolled coil