A radical shake-up of the European Union's waste shipment regulations could lead to a total ban or the implementation of controls on scrap metal exports from the territory, Fastmarkets understands.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly lower this morning, Tuesday November 10, while prices consolidated after Monday’s double dose of positive news - that of Joe Biden winning the US presidential election and Pfizer announcing progress toward a potential Covid-19 vaccine.

Hot-rolled coil spot prices in the United States have surpassed $35 per hundredweight for the first time since March 2019.

Mitsui is to sell all of its 22.63% stake in Chile's Caserones copper mine, after posting a capital loss of more than ¥7 billion ($67.5 million), the Japanese company said on Monday November 9.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Monday November 9, after markets reacted positively to Joe Biden winning the US presidential election and the resulting weaker dollar.

Imports of unwrought copper and copper products to China rose significantly in the first 10 months of this year, according to customs data released on Saturday November 7.

Due to technical issues, Spain LWC offset and rotogravure prices for October 2018 through September 2019 were briefly transposed on the online portal and mobile app. We have now fixed the problem and prices are showing correctly. The price data published in PPI Europe was not affected by this problem. For questions or comments please […]

Though confirmed deals lowered hot-rolled coil prices in the United States on Friday November 6, the spot market may well hit $35 per hundredweight ($700 0per short ton) soon due to limited availability and rising raw material costs, according to sources.

The price of shredded steel scrap imported into India and Pakistan moved up on Friday November 6 as a result of tight material supply, sources have told Fastmarkets.

Fastmarkets has launched two new coefficients for the copper concentrates market, with data available from November 2 and an update published for the first time on Friday November 6.