India is stepping back from importing ferrous scrap and aiming to become a more self-sufficient steelmaker. But what issues led to this change of tactics and how will it affect global scrap trade flows? Fastmarkets investigates.

Tata Steel’s recycling business in India is to offer domestically produced shredded material to the Indian market, adding to its existing offering, the company told Fastmarkets on Wednesday April 7.

Teck Resources has agreed to supply China's largest zinc smelter with zinc concentrates from its Red Dog mine this year, diversifying the market for what is one of the world's biggest exporters of the metal.

Asia will soon be hit by a “steel tsunami”, a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.

Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were for the most part stronger this morning, Friday March 26, suggesting overall sentiment remains bullish while participants see dips as a buying opportunity.

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange, as well as spot precious metals prices, were mainly weaker this morning, Tuesday March 23, as were broader markets.

The Coalition of American Metal Manufacturers and Users (Cammu) claims that United States Commerce Secretary Gina Raimondo was mistaken about the success of the Section 232 steel and aluminium tariffs, and reiterated its call for their termination.

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.

Fastmarkets today, Wednesday March 17, launches a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid.

Markets are starting the week mixed with base metals prices and equities in different regions showing divergent performances this morning, Monday March 15.