Scrap Metal News
Recycling industry news and updates from global markets
July 26,2024 07:15 AM
Gold prices regained some ground on Friday after falling sharply in the previous session, ahead of key U.S. inflation data that could offer more cues on when interest rate cuts will start.
July 25,2024 08:00 AM
Gold prices slipped to its lowest in over two weeks on Thursday as profit-taking kicked in after gold's recent rally, while traders awaited U.S. economic data that could offer more cues on when the central…
July 24,2024 08:30 AM
Gold prices rose on Wednesday as the dollar slipped, with investors' focus shifting to U.S. economic data due this week for more signals on the timing of the central bank's interest rate cuts.
July 23,2024 08:00 AM
Gold prices fell to a more than one-week low on Monday as the dollar firmed, while traders awaited more U.S. economic data and comments from Federal Reserve officials this week for clarity on the timeline…
July 22,2024 08:00 AM
ining and transport conglomerate Grupo Mexico (GMEXICOB.MX), opens new tab on Monday reported a 34% increase in second-quarter net profit, topping analysts' forecasts at $1.122 billion, fueled by higher…
July 19,2024 08:00 AM
Gold prices dipped more than 2% on Friday, as the dollar gained and profit taking kicked in following bullion's all-time peak hit earlier this week, which was fuelled by rising expectations of U.S. interest…
July 18,2024 08:00 AM
Gold prices eased on Thursday but stayed around record high hit in the previous session, as expectations of a September interest rate cut from the U.S. Federal Reserve continued to gather momentum.
July 17,2024 07:00 AM
Gold prices extended their rise to a fresh all-time high on Wednesday, as growing optimism for an interest-rate cut from the U.S. Federal Reserve in September and a weaker dollar boosted demand.
July 16,2024 07:00 AM
Top U.S. steelmakers are expected to post a decline in second-quarter earnings and could face additional pressure from a further retreat in steel prices heading into a slow summer season, according to…
July 15,2024 07:00 AM
Cleveland-Cliffs (CLF.N), opens new tab will buy Canadian steelmaker Stelco Holdings (STLC.TO), opens new tab for C$3.85 billion ($2.8 billion), it said on Monday, marking its first acquisition since…
July 12,2024 05:00 AM
Products made with Chilean-mined lithium - used for electric-vehicle batteries - will be eligible for U.S. tax benefits, the Andean country's government said on Thursday.
July 11,2024 08:00 AM
Copper output at Chile state mining giant Codelco is still slumping after hitting a 25-year low last year, squeezing an already tight global market for the red metal that is in growing demand for electric…