As May trading approaches, pressure on US domestic scrap prices continues to build, fuelled by peaked finished steel prices, the collapse of export markets in April, and seasonally increasing scrap inflows.
Central bank gold buying and global trade tensions are likely to push bullion prices to near $5,000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he reinforced…
US President Donald Trump has issued an executive order to develop a domestic deep-sea mining industry, which activists say “bypasses” United Nations’ processes.
Spot gold traded at $3,281.76 an ounce by 12:25 p.m. ET for a 2% intraday decline, its third in four days. The most-traded US gold futures contract fell 1.6% to $3,293.50 an ounce.
BMW-backed (BMWG.DE), opens new tab rare earths and metals recycler Cyclic Materials said on Wednesday it will build its first commercial plant in Arizona as part of a push to boost U.S. critical minerals…
Canada's Barrick Gold (ABX.TO), opens new tab said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources (NG.TO), opens…
China's export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over…
Kyiv said on Friday it aims to complete talks by the end of next week about a deal with Washington on jointly exploiting Ukrainian mineral resources, an agreement Ukrainian officials hope will go some…
Gold prices fell more than 1% on Thursday after a sharp rise in the previous session as investors booked profits ahead of a long weekend, although softer dollar and escalating U.S.-China trade tensions…
China's crude steel output in March climbed 4.6% from the prior year to the highest level in 10 months, driven by robust exports and favourable margins.
For the first time since the beginning of the year, the US steel company Nucor has announced a reduction in the weekly spot price (CSP) for hot rolled coil (HRC). Offers for the current week dropped by…
