Both hardwood and softwood pulp demand remained weak but Suzano surprises with price hike announcement

European spot copper market participants noted challenging market conditions in the week to Tuesday, August 22, with financing costs and weak demand putting downward pressure on premiums

Declining production in Europe has contributed to the fade in exports to the US

US Steel (USS) must name its potential buyers, Cleveland-Cliffs said in a filing with the US Securities and Exchange Commission (SEC) on Tuesday August 22, escalating a very public disagreement between the two integrated steelmakers

A combination of Cleveland-Cliffs and US Steel into a single automotive steel market behemoth, if approved, is widely expected to wield considerable pricing power

Weak Chinese packaging demand and a sharp depreciation of the Chinese renminbi resulted in slumping exports of packaging material

With the ferrous scrap industry converging on the Thai capital of Bangkok for the Material Recycling Association of India’s (MRAI) first Southeast Asian business summit on August 21-22, eager eyes are being cast toward the future growth potential of the region’s ferrous scrap markets

A number of sources have told Fastmarkets that there is already demand in Europe for copper with green credentials. Less clear, however, is whether the supply demand balance has created the need for premiums for green copper, and what the future holds for the material

Lightweight coated paper struggled more than supercalendered paper, while further capacity closure announcements hit the market

China’s automotive output and sales both fell in July, on a month-on-month and year-on-year basis, because of reduced seasonal demand in the summer season and the higher base in July 2022, the China Association of Automobile Manufacturers (CAAM) said this week