Turkish deep-sea scrap import prices have increased sharply since China decided to remove the export tax rebate on some steel products. But demand among major scrap importers in Asia was still limited because of upcoming holiday periods in the region.

Fastmarkets, the global commodity price reporting agency, and NOREXECO ASA, the international pulp and paper exchange, today announced that the exchange will launch two new cash-settled China pulp futures contracts on June 1 based on Fastmarkets RISI’s NBSK CIF China assessment and Fastmarkets FOEX’ PIX China BHKP Net index.

The demand for nickel and cobalt as battery materials for electric vehicles (EV) will keep their long-term bullish fundamentals intact, according to Canadian miner Sherritt International.

Fastmarkets has corrected its weekly price assessment for Aluminium ingot ADC 12, exw dp China, yuan/tonne, which was published incorrectly on Wednesday April 28 due to a reporter error.

The world is looking for cleaner metallics. That has been the undeniable tenor from the steel industry for months. The United States already makes a majority of its steel via the cleaner electric-arc furnace production method, and European steelmakers have announced similar investments. In China, the government is cracking down on high-polluting steel output, and it recently announced the removal of import tariffs on clean metallics such as ferrous scrap and pig iron.

Demand for refined copper in China has now surpassed levels seen prior to the Covid-19 pandemic, according to Vancouver, Canada-based Teck Resources.

CBOT futures surged to the highest level since July 2008 on Thursday as it gained 4% in a single session and triggered a...

As the US steel market continues to build up steam, can the promise of new capacity in 2021 lead the way to a steel price correction?

China imported 31,496 tonnes of steel scrap in March of 2021, with 20,493 tonnes, or 65.1% coming from Japan, according to the country's General Administration of Customs.

Domestic demand in the United States for hot-rolled coil is "phenomenal" and is expected to remain that way for the rest of 2021 and into 2022, Steel Dynamics Inc (SDI) president and chief executive officer Mark Millett said during the company's earnings call.