Market participants in the United States expressed mixed views on the recent reduction in the Section 232 quota on imports of semi-finished steel product from Brazil for the fourth quarter.

Fastmarkets proposes to discontinue its lithium carbonate index, exw China due to its other price assessments for the battery grade lithium market emerging as the industry’s preferred benchmark.

Steel processor Wuppermann has extended the hot-dipped galvanized coil capacity at its plant in Gyor-Gönyu, Hungary, by around 50%, the German company said this week.

South African manganese alloys producer Transalloys has declared force majeure after a fire at its plant in the country on August 22 that severely impacted the raw material handling system feeding its five furnaces, it was revealed over the weekend.

Markets were for the most part upbeat this morning, Tuesday September 1, with all the metals on the London Metal Exchange firmer, as were pre-market major western equity index prices.

The key global scrap markets improved in terms of both sentiment and prices in the week to Friday August 28, after Turkey resumed its deep-sea cargo purchases following a three-week hiatus.

The momentum in the imported containerized scrap price from the United States West Coast sold into Taiwan slowed this week but industry sources expect some further upside in the near term.

APP China, an affiliate of Asia Pulp & Paper, has completed the takeover of the Bohui Group, thus becoming the effective controlling shareholder of Shandong Bohui Paper Industry with a 48.84% stake. The acquisition, which was finalized on Thursday, has restructured China’s virgin cartonboard sector. APP China was already the largest producer of the grade […]

Fastmarkets AMM proposes amendments to its weekly steel sheet and plate assessments.

Three-month base metals prices on the London Metal Exchange largely consolidated during morning trading on Thursday August 27, with thin turnover seeing price action largely unmoved, while continued weakness in the US dollar index failed to spur buying sentiment across metal markets ahead of this afternoon’s Federal Reserve speech.