A radical shake-up of the European Union's waste shipment regulations could lead to a total ban or the implementation of controls on scrap metal exports from the territory, Fastmarkets understands.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly lower this morning, Tuesday November 10, while prices consolidated after Monday’s double dose of positive news - that of Joe Biden winning the US presidential election and Pfizer announcing progress toward a potential Covid-19 vaccine.

Mitsui is to sell all of its 22.63% stake in Chile's Caserones copper mine, after posting a capital loss of more than ¥7 billion ($67.5 million), the Japanese company said on Monday November 9.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Monday November 9, after markets reacted positively to Joe Biden winning the US presidential election and the resulting weaker dollar.

Market participants in China are increasingly confident that Chinese authorities will revive steel scrap imports into the country in 2021 following the release of new domestic scrap classification standards.

US ethanol and biodiesel producers could find themselves facing an uncertain future no matter what the outcome of the US...

The London Metal Exchange has approved the resignation of French bank Société Générale from its Category II and LMEprecious membership structure, outlining in a note to members on Tuesday November 3 that the entity will no longer trade as a general clearing member of LMEClear with immediate effect.

Fastmarkets reporters present the key themes and discussion points from the Lithium Supply and Markets online conference, which was held online on October 26-28.

Hot-rolled coil prices in the United States declined for the second consecutive day due to diminishing spot market activity and a lack of availability from steel producers, according to market participants.

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.