Improving demand for packaging and high paper for recycling costs pushed prices upwards in the Russian market

The CME Group has tripled the volumes traded on its physically delivered global aluminium futures contract since the first quarter of 2022 - reaching a single-day high of 7,929 contracts on October 5, with a daily average of about 3,000 contracts so far this month and open interest at a record 1,411 contracts on October 19

Fastmarkets proposes to discontinue its price assessment for hot-briquetted iron (HBI) exports from Venezuela, due to the sharp decline in shipments caused by the longstanding crisis in the country’s ironmaking industry and the unlikely prospect of any improvement in the near future.

Steel producers Tata Steel Netherlands, Salzgitter Flachstahl and Thyssenkrupp Steel Europe will supply carmaker Ford’s Europe division with low-carbon steel for its future vehicles, the car company said on Tuesday October 25

The top executive at Steel Dynamics Inc (SDI) said that a slowdown in inbound ferrous scrap may put the brakes on further big drops in prices

Low-priced offers of steel billet from China have significantly depressed sentiment in the key Southeast Asian steel market, sources told Fastmarkets on Tuesday October 25

The United States ferrous scrap market remains firmly in the doldrums ahead of November’s domestic ferrous trade with supply-side disruptions unlikely to change prevailingly poor demand, according to market participants

The London Metal Exchange has announced new additions to the LMEpassport which will provide increased transparency on brands using scrap material and broaden disclosure to non-LME brands

The London Metal Exchange’s relevance has “arguably never been stronger” despite a challenging year, according to Nicolas Aguzin, chief executive officer of LME's owner Hong Kong Exchanges and Clearing (HKEX)

China’s search for virgin fiber, Asia’s cooling demand for OCC and post-pandemic RCP supply