Nickel continued to reach its highest prices in a month while the rest of base metals on the London Metal Exchange were marginally higher on Thursday April 8, with the prospect of more economic stimulus and supportive fiscal measures in the United States boding well for equity markets and metal futures.

Tata Steel’s recycling business in India is to offer domestically produced shredded material to the Indian market, adding to its existing offering, the company told Fastmarkets on Wednesday April 7.

A shortage of truck drivers and flat-bed trucks is delaying steel shipments at critical points in the supply chain and further driving up shipping costs and lead times, Fastmarkets has learned.

A shortage of truck drivers and flat-bed trucks is delaying steel shipments at critical points in the supply chain and further driving up shipping costs and lead times, Fastmarkets has learned.

Electric vehicles (EVs) and batteries feature prominently in US President Joe Biden’s $2-trillion plan to rebuild the country's infrastructure and economy.

Fastmarkets has corrected its weekly manganese ore 37% index, cif Tianjin and 44% index, cif Tianjin rationales, which were published incorrectly on Tuesday April 6 due to reporter error.

Liberty Steel has resumed production at its UK special steel plant in Rotherham, the steelmaker said on Tuesday April 6.

London Metal Exchange futures prices for copper, nickel, zinc and tin started the week with gains on Tuesday April 6, following positive economic data released in the United States and China on Monday.

Fastmarkets has corrected its monthly assessment of Shanghai bonded aluminium stocks, which was published incorrectly on Friday February 26 due to a reporter error.

Fastmarkets is proposing amendments to the specifications of its weekly price assessment for steel billet, import, cfr China.