Market participants shared insight into the market dynamics for copper, nickel, zinc, lead and tin during LME Week, which ran September 30-October 4

The Western world’s industrial strength is beginning to drop, but Jakob Stausholm, chief executive officer of Rio Tinto, said at a London Metal Exchange seminar that there was “plenty of demand to be unlocked from reindustrialization.”

Demand for zinc was expected to grow by 2030, despite the challenges facing both the supply and demand sides, Andrew Green, executive director of the International Zinc Association, said in an exclusive interview with Fastmarkets during LME Week in London

Fastmarkets has corrected MB-STE-0894 steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonne, which was published incorrectly on Monday October 7.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.

There are more signs emerging of the green steel evolution in Asia, even as steelmakers seek to differentiate themselves with green certifications to edge ahead of competitors, market sources have told Fastmarkets.

Brazilian miner Vale's fourth-quarter premiums for direct-reduced (DR) and blast furnace (BF) iron ore pellets have been adjusted to their lowest levels since the start of the year - but what does this key supplier's move reveal about the state of steelmaking in 2024?

Higher costs resulting from a tentative deal to end the strike at East Coast and Gulf Coast ports could reduce imports, increase reshoring and drive up the cost of steel products in the US, according to market observers and participants

Fastmarkets is launching a green long steel differential to its weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore, as well as a weekly inferred green steel base price for rebar cfr Singapore.