The slowdown in animal fats demand was caused by various reasons, including the oversupply of feedstocks, cheap biofuels tickets and negative production margins, sources told Fastmarkets Wednesday.

Nippon Steel doubled down on its promised billion-dollar-plus capex investment promise to US Steel on Wednesday August 28, drawing the ire of the United Steel Workers (USW) labor union..

Fastmarkets will initiate the planned update of its suite of North American non-ferrous scrap dealer buying prices on Tuesday September 2, following a 30-day consultation period.

Fastmarkets amended the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China on Wednesday August 28.

Fastmarkets will adjust the normalization calculation of its manganese ore high grade indices while keeping the same chemistry specifications and methodology.

The new EU Deforestation Regulation mandates exporters to provide detailed documentation and geolocation data to prove wood products are deforestation-free.

The pulp prices fell due to increased inventories and supply availability, with northern bleached softwood kraft (NBSK) and southern bleached softwood kraft (SBSK) experiencing price drops amid summer slowdowns and muted demand from China.

Fastmarkets proposes to amend five of its magnesia dead burned, calcined and fused FOB China price assessments from weekly publication to monthly.

China’s nickel sulfate prices have been consolidating within the range of 26,000-27,500 yuan ($3,653-3,863) per tonne in the past few weeks, with no signs of a clear direction, sources told Fastmarkets.

California could soon enact legislation that would make electric vehicle (EV) battery producers responsible for ensuring end-of-life management and recycling of their batteries after Senate Bill (SB) 615 was approved by the Assembly Committee on Appropriations, clearing the way for a floor vote.