Import prices for containerized ferrous scrap in the key Taiwanese market slipped further in the week to Friday October 9 ahead of a major holiday in the territory, sources said.

Global commodity trader Trafigura will restart its copper mining operation at Pweto in the Democratic Republic of the Congo (DRC), the government announced on Thursday October 8.

SAN FRANCISCO, 9 October 2020 (PPI Pulp & Paper Week) – Four of the largest six North American containerboard and corrugated box companies were said to be out with early November price increases of 8-11% for corrugated boxes sheets, industry contacts told Fastmarkets RISI’s PPI Pulp & Paper Week as of Oct. 7. The largest […]

Hot-rolled coil prices in the United States have settled in at around $31.50 per hundredweight ($630 per short ton), and market participants expect them to continue moving higher in the weeks ahead.

A roundup of employment cutbacks announced in Worker Adjustment and Retraining Notice Act letters filed to state labor agencies in the United States over the past month or two, including at least 14 full closures, indexed by sector.

Fastmarkets is proposing to launch a weekly Pakistan import shredded steel scrap index to provide transparency to a market whose global prominence was recently demonstrated by its robust performance even during the most testing conditions of the initial Covid-19 pandemic.

Prices for steel scrap imported into Bangladesh in containers have gone down again over the past week, while those for bulk cargoes were steadier, market participants told Fastmarkets on Thursday October 8.

Base metals prices on the London Metal Exchange were mixed this morning, Thursday October 8, while equity markets were mainly upbeat because US fiscal packages may still be forthcoming.

The world’s largest metals stockpile is becoming more difficult to finance. That is a problem for those who trade it, and for metal markets in general.

US hot-rolled coil prices remained above $630 per short ton on tight supply and long lead times, but sentiment from buyers was mixed as sources weighed buying material now or waiting for lower prices.