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.

China’s monthly corn imports reached the highest level on record in May this year as the country...

Rebounds were under way in the base metals complex in London this morning, Friday June 18, while in Shanghai the base metals mostly reflected the weakness seen on the London Metal Exchange on Thursday.

Volkswagen Group is seeking partnerships with battery raw material producers in order to vertically integrate and achieve security of supply and competitive prices for its minerals needs, a spokesperson for the German automaker told Fastmarkets on Thursday June 17.

Fastmarkets will launch a monthly assessment of the discount for No1 copper material, candy/berry, on a cif China basis on June 28.

Enabling large-scale expansion of solar power production capacity is a crucial part of the transition to a sustainable future for energy, but its prospects of growth rest on the current and future availability of key minerals and metals.

The gap between lithium spot and contract prices has narrowed significantly in 2021 as a result of tight availability along the lithium supply chain and price evolution, market sources said.

Awareness and incorporation of environmental, social, and corporate governance (ESG) policies within the graphite market are slowly developing, with take-up greater downstream - especially in the anode sector - and among developing companies, sources told Fastmarkets.

China lithium producer Ganfeng Lithium is acquiring a 50% stake in a special purpose company that owns the Goulamina hard-rock mine in Mali for $130 million, the company said on Tuesday June 15.

Growing steel demand presents an opportunity for a scrap pricing supercycle in the next decade, writes Bill Beck, reporting on the Fastmarkets virtual Scrap, DRI, and Mini-Mills conference in mid-April.