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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.
Our team of over 160 reporters and analysts brings you the latest metals markets analysis while diving into the important developments impacting price volatility.
We’ve got you covered across steel and steel raw materials, scrap and secondary, ores and alloys, base metals, minor metals, industrial minerals markets, including the energy transition. Make sense of what’s happening in your markets and stay one step ahead of the game.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
Metals and wider markets are mixed this morning, Wednesday April 15, while traders brace for more economic and corporate data that will start to show the economic hit that the global economy has suffered.
South Korea’s two largest steelmakers plan to slash their intake of import scrap over the coming months amid weak finished steel demand, market sources have told Fastmarkets.
Seaborne coking coal prices rose on Wednesday April 15 due to active trading in China, though demand from countries such as Japan was heard to be weak amid production cuts implemented by mills.
Markets are looking brighter this morning Tuesday April 14, on a combination of more mining production cuts, a deal on an oil supply cut, better Chinese trade data that showed imports were only down by 0.9% year on year in March and some reopening of businesses in Europe.
Here are five Fastmarkets stories you might have missed on Monday April 13 that are worth another look.
China’s ferrous scrap market plummeted over the past three weeks due to destocking pressure on sellers coupled with low procurement rates among mills, which sent prices to their lowest in close to two years.
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