Rebounds were under way in the base metals in London and Shanghai this morning, Wednesday June 23, but we will have to wait to see how the metals react to today’s manufacturing purchasing managers index (PMI) data.

Australia-listed IGO Ltd is one step closer to forming a joint venture with Chinese lithium producer Tianqi Lithium after key regulatory requirements for the internal restructuring of the Australasian arm of the latter to proceed have been satisfied, IGO said on Tuesday June 22.

How a do-it-yourself (DIY) boom and home-renovation craze fueled the fire.

The Turkish steel mills have been staying away from deep-sea scrap purchases because of weak rebar sales and a sufficiency of scrap stocks, market participants told Fastmarkets on Tuesday June 22.

China returned to the market for Australian wheat for August-September shipment dates, despite the ongoing geopolitical

Domestic prices for hot-rolled coil in Europe increased in the week to Friday June 18, despite a trading slowdown that resulted from both buyers and sellers holding back from deals.

Work is under way in Fredrikstad, Norway, to build a plant that will be key to electric vehicle (EV) transportation in Europe.

Fastmarkets has corrected its PCI low-vol cfr Jingtang index, which was published incorrectly on Friday June 18 due to an error.

Global scrap prices in the key markets diverged in the week to Friday June 18, with those in Asia moving upward, while Turkish scrap prices fell amid slow buying driven by uncertainty over finished steel sales.

The finalists have been announced for the 12th annual Fastmarkets Awards for Steel Excellence.