Fastmarkets is proposing a realignment of its dealer selling price for ferrous scrap machine shop turnings in St Louis, effective from the September 2022 monthly settlement.

Fastmarkets is proposing a realignment of its consumer buying prices for No1 bundles and No1 busheling scrap in Alabama, effective from the September 2022 monthly settlement.

Fastmarkets has corrected its consumer buying price for cut structural/plate 3’max, delivered mill Philadelphia, following an input error during the monthly domestic ferrous scrap trade in May.

Participants in the US steel market were divided on the impact of a price increase from Nucor’s sheet mill group this week, with some suggesting hot-rolled coil prices could fall further while others were optimistic that announcement could halt - or even reverse — the recent downtrend

Market sources reported that China’s State Reserve Bureau (SRB) is planning to stockpile cobalt metal, which limited cheaper export offers from the country and helped stabilize international cobalt prices on Tuesday August 9

The promise of the EV revolution is extraordinary – but price, supply and geopolitical risks conspire to make delivering on that promise more challenging

Chromite prices rose further in the two weeks to Tuesday May 31 on support from cost pressures and logistical issues in South Africa

UG2/MG chrome ore prices experienced major declines in the week to Tuesday July 12, dropping by $15 per tonne week on week, as the market saw the beginnings of a break in the continuing stalemate of recent weeks

The European charge and high-carbon ferro-chrome benchmark for the third quarter of 2022 has slumped by 16.7% from the previous quarter’s settlement to $1.80 per lb

Executives at major flat-rolled steel producers in the United States discussed three common themes during their companies’ earnings calls for the second quarter of 2022, sharing views on a potential recession, affects from recent government policy changes and trends in steel raw materials