Hot-rolled coil prices in the United States were largely steady at the start of the week, although some are questioning when the recent run in the market might end.

Chilean lithium producer Sociedad Quimica y Minera (SQM) shareholders have approved a plan to raise $1.1 billion through the sale of common stocks, the company said on Friday January 22 as part of its expansion plan across its product range, which includes lithium and other industrial chemicals.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part firmer on Monday January 25, after having dipped on Friday – optimism over US President Joe Biden’s $1.9 trillion fiscal stimulus plan was outstripping the worrying news about the new Covid-19 cases in China.

Hot-rolled coil prices in the United States again edged lower, even as buyers have continued to struggle to find spot tonnage at the domestic mills.

There remained a dearth of interest for imported ferrous scrap in key buyer market Vietnam due to the sharp price downtrend in the week to Friday January 22, market sources told Fastmarkets.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part down on Friday January 22, after having been up across the board a day earlier, while markets generally seem to be taking a breather after the enthusiasm the US presidential inauguration brought.

Hot-rolled coil prices in the United States have eased somewhat after soaring to a record high one week ago.

A new outbreak of African swine fever (ASF) has been detected in southern China, marking the first case of the disease reported...

Hot-rolled coil prices in the United States dipped despite buyers still struggling to find spot tons at competitive prices.

Lithium miner Pilbara Minerals has completed the acquisition of Altura Lithium, it said on Wednesday January 20.