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Scrap Metal News
Recycling industry news and updates from global markets
May 08,2024 08:00 AM
Gold steadied on Wednesday while investors awaited U.S. data for clues on potential interest rate cuts by the Federal Reserve, though a slight uptick in the dollar limited any upside.
May 07,2024 08:00 AM
Tesla (TSLA.O), opens new tab supplier Piedmont Lithium (PLL.O), opens new tab has officially obtained a North Carolina state mining permit after posting a $1 million reclamation bond to develop an open-pit…
May 06,2024 08:00 AM
The European Union cleared U.S. Steel's (X.N), opens new tab $14.9 billion buyout by Japan's Nippon Steel (5401.T), opens new tab on Monday, allaying competition concerns from a deal that has drawn political…
May 03,2024 09:00 AM
The US Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite.
May 02,2024 07:00 AM
Belgium's Nyrstar (NYR.BR), opens new tab is reactivating the Budel zinc smelter in the Netherlands after a four-month period of care and maintenance.
May 01,2024 08:00 AM
London Metals Exchange(LME) on Wednesday launched a consultation requiring producers of aluminium brands deliverable against its contracts to submit carbon emissions data by March 2025.
April 30,2024 09:00 AM
India's gold demand in the March quarter rose 8% from a year ago, but recent rallies in prices of the precious metal could cut its total consumption in 2024 to the lowest in four years, the World Gold…
April 29,2024 09:14 AM
A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a matter of months, projecting growth of 3.2%, due to geopolitical tensions, economic uncertainty…
April 26,2024 08:10 AM
Newmont Corp (NEM.N), opens new tab beat Wall Street estimates for first-quarter profit on Thursday, as the world's largest gold miner benefited from robust production, higher prices and lower operating…
April 25,2024 08:00 AM
Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak European…
April 24,2024 07:00 AM
Gold prices steadied on Wednesday as risk premiums over tensions in the Middle East eased, while investors strapped in for U.S. economic data due later in the week that could offer clues to the Federal…
April 23,2024 08:00 AM
Gold prices steadied on Tuesday after hitting a more than two-week low on diminishing fears about an escalation of tensions in the Middle East, with investors awaiting key economic data for further clarity…