Base metals prices on the London Metal Exchange were mainly lower this morning, Monday March 29, but those on the Shanghai Futures Exchange were stronger across the board while they reacted to Friday’s LME performance.

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.

Australian lithium spodumene concentrate producer Pilbara Minerals has agreed to an additional offtake agreement with Chinese lithium producer Yibin Tianyi, it said on Monday March 15.

Trafigura’s warehousing and logistics arm, Impala Terminals, has launched a certified carbon-neutral freight service allowing its customers to offset their indirect greenhouse gas (GHG) emissions by financing carbon projects worldwide.

Swiss miner-trader Glencore and Chinese battery materials producer GEM have extended their agreement for cobalt hydroxide supply by another five years.

Japan's Panasonic has teamed up with Norwegian aluminium producer Norsk Hydro and Norway's state-owned oil major Equinor to look into developing a sustainable battery business in Norway.

After the outbreak of the global pandemic, governments around the world sought measures to relieve the economic pressures of imposed lockdowns, mainly in the form of stimulus packages.

Thirty years from now, the global steel industry will likely use more briquetted iron products and scrap and hardly any steelworkers, executives said during the "Steel Industry 2050" panel at Fastmarkets' 2020 Steel Success Strategies Online conference.

Steel service centers and other processors are finding surprising opportunities during the Covid-19 pandemic, and 2021 demand appears poised to exceed expectations for metals consumption, panelists said at Fastmarkets' 2020 Steel Success Strategies Online conference this week.