Fastmarkets will apply moisture limits of maximum 5% on its black mass payables indicators across several of its markets following a one-month consultation period.

Xerion Advanced Battery Corp. is about to commission a 50-tonne cobalt production unit in Dayton, Ohio, part of its strategy to scale early annual output to 2,000 tonnes.

Rising energy costs and policy decisions are shaping the future of US aluminium smelting. Domestic production, investment and competitiveness depend on low-cost power, tariff impacts and the transition to renewable and nuclear energy sources.

Fastmarkets has launched AG-TLW-0040 Bleachable fancy tallow, delivered California, cts/lb on Monday October 20.

Barry Zekelman discusses how the domestic steel industry remains a cornerstone of America’s national security, energy independence and technological growth.

The US Defense Logistics Agency has canceled its contract opportunity to purchase up to 7,500 tonnes of alloy-grade cobalt due to unresolved issues with the statement of work. The cancellation comes amid a sharp rise in cobalt prices, with the agency indicating the solicitation will be reissued once the issues are resolved.

This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.

Charter Steel is strengthening its partnerships with automotive manufacturers and fastener companies through advanced CHQ steel production and domestic sourcing.

After a consultation period, Fastmarkets will clarify and amend some of the specifications for MB-ZN-0005 Zinc SHG min 99.995% ingot premium, ddp Midwest US, US cents/lb; MB-PB-0006 Lead 99.97% ingot premium, ddp Midwest US, US cents/lb; MB-SN-0011 Tin grade A min 99.85% ingot premium, ddp Midwest US, $/tonne; MB-NI-0240 Nickel 4x4 cathode premium, delivered Midwest US, US cents/lb; MB-NI-0241 Nickel briquette premium, delivered Midwest US, US cents/lb; and the corresponding all-in prices for all of these, including the quality, unit and location.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey.