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

Following a 30 day consultation period, Fastmarkets has realigned its consumer buying prices for No1 busheling in North Carolina and South Carolina respectively, effective from the January 2023 settlement.

After market feedback, Fastmarkets is extending the consultation period on the proposed changes to its pricing methodology for low-carbon ferro-chrome in Europe.

Shortages of high-grade pellet-feed iron ore concentrates and good-quality ferrous scrap such as plate and structural grades mean that direct-shipping iron ore fines are likely to remain the mainstay steelmaking raw material

Growing uncertainty about end-user demand and input costs through 2022 has driven a change in consumer habits in Europe’s aluminium and steel markets, with traders foreseeing a continuation of hand-to-mouth buying going into 2023

Volatility was one of the main themes for cobalt prices in 2022 and market participants will take a wait-and-see approach toward long-term supply contracts in the coming year

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

China has decided to remove its import tariff on cobalt metal (Harmonized System code 81052020), a move which is not expected to largely impact the domestic market due to weak demand for the metal, sources told Fastmarkets

A potential lifting of China's sanctions on the import of Australian metallurgical coal and China's post-Covid-19 recovery will be key factors to watch in 2023, market sources told Fastmarkets on Wednesday January 4