Scrap Metal News
Recycling industry news and updates from global markets
March 01,2024 07:00 AM
Gold started March on a positive note, with prices rising to a four-week high on Friday after muted economic data hardened expectations of a U.S. interest rate cut by June.
February 29,2024 12:00 PM
Gold scaled a one-month high on Thursday as the dollar slipped after U.S. inflation data came in line with expectations, with traders' attention turning to further commentary from Federal Reserve officials…
February 28,2024 08:00 AM
India's coal sector is united about one thing. It doesn't matter if you are a miner, trader, utility or steelmaker, you are bullish, extremely bullish.
February 27,2024 08:00 AM
Rio Tinto (RIO.L), opens new tab said on Monday that the Canadian government had awarded it C$18 million ($13 million) to decarbonize iron ore processing in Labrador West.
February 26,2024 10:00 AM
The London Metal Exchange (LME) should classify its nickel contracts into "clean" and "dirty" ones to give customers more choice, Australian iron ore magnate Andrew Forrest said on Monday.
February 23,2024 06:00 AM
Gold prices held steady on Friday, but were set for a slight weekly gain buoyed by a softer dollar and safe-haven demand from escalating tensions in the Middle East, even as U.S. Federal Reserve officials…
February 22,2024 08:00 AM
Gold prices fell from a near two-week high on Thursday, driven by a firm U.S. dollar after jobless claims data indicated a strong economy, while investors awaited further economic data for guidance on…
February 21,2024 08:00 AM
Canada will require steel importers to report "country of melt and pour" information to border authorities from Nov. 5 to make the North American supply chain more reliable and resilient, the trade ministry…
February 20,2024 08:00 AM
Indonesia's exports of refined tin all but evaporated in January with just 400 metric tons shipped abroad by the world's largest exporter, all in the form of solder.
February 19,2024 08:00 AM
Precious metals producer Polymetal International has agreed to sell its Russian assets to a Siberian gold miner for about $3.7 billion, it said on Monday of a deal forced at a knock-down price by repercussions…
February 16,2024 07:00 AM
Gold ticked up on Friday but was on course for a second straight weekly fall after hot inflation data cooled prospects of early rate cuts by the Federal Reserve.
February 15,2024 08:00 AM
Gold prices gained on Thursday after softer U.S. economic data pushed U.S. dollar and Treasury yields lower, while market focus shifted to commentary from Federal Reserve officials for cues on the timeline…