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The metals and mining markets are constantly changing. Stay connected to the stories driving change across the global metals markets, including the lasting effect of Russia’s invasion of Ukraine, energy price hikes, trade flow disruptions and the pull of decarbonization targets.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
Turkish steel mills returned to the deep-sea scrap markets amid better domestic steel demand, causing prices to rise, while other major markets except Vietnam were largely stable during the working week ended Friday May 8.
Nickel briquettes will be allowed for delivery on the Shanghai Futures Exchange from October 16 for contracts for November delivery onwards, the Exchange announced on Friday May 8.
Here are five Fastmarkets stories you might have missed on Friday May 8 that are worth another look.
China’s ferrous scrap prices moved up sharply over the past week due to tight supply, eating into the profits of mills that operate electric-arc furnaces.
Broader markets were mixed this morning, Thursday May 7 after Wednesday’s employment data in the United States knocked market confidence, but with a barrage of data expected today and Friday, the market is braced for a reality check.
Broader markets were mixed this morning, Wednesday May 6, while base metals prices on the London Metal Exchange were up across the board. Base metals prices on the Shanghai Futures Exchange were mixed following Chinese participants’ return to the market after the country’s Labor Day holiday (May 1-5).
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