Major global steel scrap markets have started to level off in recent days following sharp increases in the preceding few weeks.

The premium hard coking coal price stayed largely flat in both the cfr and fob markets on Friday April 9 due to weak demand from end-users, market sources told Fastmarkets.

Chinese ferrous scrap buyers are considering higher bids for imported heavy scrap, with steel mills in both east and northeast China looking to purchase more quantities in the coming weeks.

Import prices for ferrous scrap in Vietnam are still increasing due to a strengthening downstream steel market, though the rate of increase has slowed, sources told Fastmarkets on Friday April 9.

Base metals prices on the London Metal Exchange edged lower during morning trading on Friday April 9 in low-volume trading conditions.

Chicago corn futures gained up to 4% Thursday as a combination of buying from ethanol producers and after the USDA revealed...

Nickel continued to reach its highest prices in a month while the rest of base metals on the London Metal Exchange were marginally higher on Thursday April 8, with the prospect of more economic stimulus and supportive fiscal measures in the United States boding well for equity markets and metal futures.

Electric vehicles (EVs) and batteries feature prominently in US President Joe Biden’s $2-trillion plan to rebuild the country's infrastructure and economy.

China-based nickel and stainless steel producer Tsingshan Holding Group will invest 10.3 billion yuan ($1.57 billion) to build a lithium-ion battery plant in the southern China province of Guangdong, it said on April 1.

London Metal Exchange futures prices for copper, nickel, zinc and tin started the week with gains on Tuesday April 6, following positive economic data released in the United States and China on Monday.