Allegheny Technologies Inc (ATI) has taken “decisive procurement actions to create a near-term price-protected nickel safety stock,” company chairman, president and chief executive officer Robert Wetherbee said in a conference call on Wednesday May 4.

After a consultation period, Fastmarkets has amended the publication time of its inferred China cobalt hydroxide price assessment from 3:00pm London time to 3:30pm, to begin on Monday May 9.

French steel tube maker Vallourec has partially resumed operations at its Pau Branco iron ore mine in Brazil, almost four months after halting the unit because of a dam spill, it said on Wednesday May 4

Prices for United States-origin steel scrap were easily undercutting those for Japan-origin material in the markets of Taiwan and Vietnam this week, market sources told Fastmarkets on Wednesday May 4

Aluminium premiums in Europe continued to reach new highs in the week to Tuesday May 3, while premiums in the United States, Japan and Brazil were unchanged but well supported.

Hotter on metals

Steel scrap outlook: Where will the US steel market get its prime scrap?

India’s expanding recycling sector will look to capitalize on the opportunity presented by ambitious carbon neutrality targets in the country, according to the Material Recycling Association of India (MRAI)

Broken trade flows, inflated steel prices and the pull of decarbonization targets are changing the way US steelmakers think, plan and run their day-to-day operations. Is the US steel scrap industry coming to an end of globalization and entering a new era of domestic sovereignty?

Nucor Corp quickly navigated panic in the pig iron market, even as it took a hardline approach and ceased all purchases from Russia at the onset of its war in Ukraine