Ford is making a $3.7-billion investment in its business, which will be spread out across its plants in Michigan, Ohio and Missouri, and will expand both electric vehicle (EV) and internal combustion engine vehicle (ICE) production

The Korean chemical company LG Chem announced on Thursday June 2 that it was establishing a joint venture with Korea Zinc subsidiary Kemco for recycling precursors, the raw materials for cathodes used in electric vehicles.

Cleveland-Cliffs reported it has made progress toward reducing its carbon emissions per short ton of steel produced, according to a 2021 sustainability report the company released in May

Dwindling demand and differing supply situations between regions pressured aluminium billet premiums down or kept them unchanged across the world on Wednesday June 1, with clear bearishness slowly taking over global markets

There has been an evolution in US steelmakers' raw material strategy in the past several years, with mills pivoting from an effort to randomly own as many tons as they could to becoming more vertically integrated and owning material that can feed their meltshops

The fall in import prices for finished steel products in the United States was not enough to attract many buyers due to logjams at domestic ports that have made it costly, time-consuming and risky to buy foreign steel, Fastmarkets has learned

Fastmarkets will adjust its steel and steel raw materials publishing schedule for the EMEA, CIS and Turkey regions this week due to the UK public holidays on Thursday June 2 and Friday June 3.

In a year that has witnessed an exceptionally volatile nickel market, Myra Pinkham collects expert metal analysts' views on the causes and their opinions on the outlook for the vital base metal now

Fastmarkets has temporarily suspended pricing for ferrous scrap turnings in the Cleveland market effective Wednesday June 1 due to the absence of local buyers.

Fastmarkets invited feedback from the industry on its pricing methodologies for its Northern Europe and United States hot-rolled coil (HRC) indices as part of its annual methodology review process.