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Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were generally weaker on Thursday June 3 morning, although nickel bucked the trend on both exchanges.
Five grades of steel scrap will no longer need to undergo customs inspections at ports in China when they are imported into the country, beginning on June 10.
Green shoots are forming in the approach to clean steelmaking in the United States, with a new administration putting an increased emphasis on sustainability. The topic will be a key part of Fastmarkets’ Steel Success Strategies conference, to be hosted June 21-24 in conjunction with World Steel Dynamics.
Major non-ferrous scrap products such as insulated copper wire (ICW) and zorba will not be able to enter Malaysia under a newly proposed import guideline, an industry body said at the Bureau of International Recycling (BIR) Convention 2021 on Wednesday June 2.
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