NANO has targeted remote mining operations run by diesel fuel in locations where the logistics of providing a constant source of fuel “may be a challenge,” the CEO said. The company’s microreactors could also expand mining opportunities to more new locations. “It can make thousands of potential mines economic and come online, whereas before, they […]

US steel scrap prices ahead of November trade The Trend Indicator has rebounded into bullish territory, at 61.4 for November compared with a resolutely bearish 45.6 in October. This month’s indicator is at its highest since March’s outlook, when it was 65.2. The Outlook’s prediction model allows for an average month-on-month price increase of 5.1%. Respondents […]

Brazilian capital goods, construction and steel packaging industry groups are against a request from steel mills for the country to raise its steel import duties to 25%, already predicting rising costs in each sector if an increase is greenlit

Key talking points from the Nordics regional meeting of steel distributors’ association Eurometal, held in Copenhagen, Denmark, on Thursday October 5

Fastmarkets is proposing to discontinue its broker buying, FOB, price assessments for punchings and plate grade ferrous scrap in the Cleveland and Pittsburgh markets.

Fastmarkets is proposing to adjust the methodology for its FOB NOLA alternative irons prices to include bids, offers and assessments of the market as well deals in its weekly pricing session.

Fastmarkets has adjusted its dealer selling price assessments for ferrous scrap in Atlanta, effective Tuesday October 10.

Volatility in key currencies has been at the forefront of the minds of many steel and ferro-alloys producers, traders and buyers in 2023

The future is clouded for molybdenum markets into the end of 2023 and beyond, sources have suggested, as uncertainties persist around concentrates production and consumption, with the potential for knock-on effects on molybdic oxide and ferro-molybdenum. As LME Week approaches, Fastmarkets take a deep dive into production dynamics

Amid recent headlines about volatile bunker prices, rampant port congestion and a jump in ocean freight costs, metal market participants might be forgiven for thinking they have returned to 2021