Scrap Metal News
Recycling industry news and updates from global markets
July 01,2022 08:00 AM
Copper prices slumped on Friday to their weakest in 17 months as inflation data reinforced fears that central bank tightening would push economies into a recession and hit metals demand.
June 30,2022 08:00 AM
Copper prices fell on Thursday to log their biggest quarterly slump since 2011 as COVID lockdowns in China and slowing economic growth curtailed demand.
June 29,2022 09:00 AM
South Korean battery maker LG Energy Solutions (LGES) (373220.KS) said on Wednesday it had entered into a non-binding deal for battery-grade lithium supply with Compass Minerals (CMP.N) while negotiations…
June 28,2022 09:00 AM
Copper prices slipped on Tuesday as the dollar rose and recession concerns were back in focus, but hopes for stronger demand after top consumer China relaxed its COVID-19 quarantine mandates provided…
June 28,2022 08:00 AM
Albemarle Corp (ALB.N) plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, executive Eric…
June 27,2022 08:00 AM
Copper prices steadied on Monday as sentiment improved after top consumer China eased COVID restrictions and the dollar slipped, but fears of a recession, rising prices and higher interest rates weighed…
June 24,2022 08:00 AM
Physical gold dealers offered bigger discounts in India this week to lure buyers as the wedding season concluded, while some consumers in China bought bullion to hedge against growing economic concerns.
June 23,2022 08:00 AM
The London Metal Exchange said on Thursday it had appointed management consultants Oliver Wyman to carry out an independent review of the events that led to a week-long suspension of nickel trading in…
June 22,2022 08:00 AM
Available zinc inventories in registered warehouses of the London Metal Exchange (LME) more than halved this week, but supplies could be replenished from China, where stocks have been rising, analysts…
June 21,2022 08:00 AM
China produced a record 3.42 million tonnes of primary aluminium in May as the country's smelters continue to ramp up run-rates.
June 20,2022 08:00 AM
India's top steelmaker Tata Steel (TISC.NS) imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing…
June 17,2022 12:00 PM
The London Metal Exchange (LME) approved rules on Friday for members to report all over the counter (OTC) positions, a move taken after off-exchange trading was partly blamed for a wild spike in nickel…