Market sources believe hot-rolled coil prices in the Northern European domestic market will remain on an upward trend into the second quarter despite reaching a new peak this week, with steelmakers widely seen as having in the upper hand in current market conditions that have shown no signs of easing.

Base metals prices on the Shanghai Futures Exchange were weaker on Wednesday March 31, while they track the movement of three-month prices on the London Metal Exchange on Tuesday, but LME prices have found support this morning.

A green-tinged recovery from Covid-19 sees readjustment in iron ore price dynamics.

Total crude steel output across 64 major producer countries was 150.2 million tonnes in February 2021, down by 8% month on month but up by 4% from February 2020, the World Steel Association (Worldsteel) said on March 23.

Fastmarkets is proposing to launch a zinc SHG ingots in-warehouse Southeast Asia warrant premium to complement its current zinc warrant coverage, which is focused on Europe and United States.

The UK steel industry is a key focus of the British government’s £1 billion ($1.4 billion) Industrial Decarbonization Strategy, which is intended to create the world’s first low-carbon industrial sector.

Troubled Argentine crusher Vicentin has returned to full production at its soybean crushing plant at San Lorenzo for the first time...

Fastmarkets today, Wednesday March 17, launches a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid.

Treatment and refining charges for copper concentrate fell again to new 10-year-lows in the week ended Friday March 12, with Fastmarkets’ copper concentrate index dropping to less than $30 per tonne/3 cents per lb for the first time.

The global steel industry has never been an easy one to navigate but now the onslaught of Chinese steel production has affected many steelmakers around the world, Fastmarkets heard.