Mining executives are weighing the benefits and challenges of Chinese partnerships while grappling with price slumps and the looming impact of the US Inflation Reduction Act.

The heightened importance for the steel reinforcing bar (rebar) industry was apparent to market participants immediately, and has expanded to include multiple arms of the wider construction sector, including merchant bar, beams and wire rod, according to multiple sources in the rebar and general construction markets contacted by Fastmarkets on Wednesday October 2. The Category 4 […]

Chilean copper producer Codelco has not yet concluded negotiations for its 2025 premium offer to European customers but remains optimistic that the recent stimulus in China will provide a further boost to demand, the company’s chairman told Fastmarkets.

The process to pick a partner for Codelco’s lithium properties in the Maricunga salt flat is highly competitive, with a result due at the start of 2025, the company’s chairman told Fastmarkets.

The copper concentrates market was suffering from a dislocation that would probably lead to smelting cuts, the chairman of Chilean state-owned producer Codelco has said.

Fastmarkets heard from green steel producers, buyers and stakeholders at the annual Climate Week NYC event, held from September 22 to September 29

European steelmakers are committed to the decarbonization of the industry and are shifting to more environmentally friendly ways of working, despite the recent economic downturn making it more challenging to charge a premium for “green” steel, sources told Fastmarkets.

The deadly storm may lead to a temporary near-to-medium-term uptick in steel prices, as scrap flows dwindle and the need for new steel soars, sources said. “[Original equipment manufacturers] and service centers will experience a boost in sales to rebuild from the hurricane,” one mill source said. “The rebuild includes new equipment like tree-trimming trucks, […]

Turkish steelmakers have continued to invest in solar-power plants over recent months in search of greener steel production methods, Fastmarkets has heard.

As the mining industry converges for LME Week, a pressing question looms: will consumers be willing to shoulder the costs of sustainable metal production? At the FT Mining Summit‘s panel on “Supply, demand and decarbonization” in London on September 26, industry leaders grappled with the challenge of balancing sustainability investments against rising inflation and the […]