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Aurubis Considers Building a New Primary Copper Smelter in the United States: It Would Be the First in Decades
Germany-based Aurubis, Europe's leading refined copper producer and one of the world's largest recyclers of nonferrous metals, is considering building a new primary copper smelter in the United States, a project that could be the first major facility of its kind built...
US Ferrous Scrap Export Prices Rise: Turkish Demand Supports Market Despite Rising Freight Rates and US-China Tensions
US ferrous scrap export prices continued their upward trend in the first half of October, supported by new transactions to Turkey and demand to replenish inventories for November shipments. Despite rising freight costs and maritime tensions between the United States...
Base Metals Slow at SHFE: Copper Leads Declines in an Increasingly Cautious Market Following Trade Tensions
Base metal prices on the Shanghai Futures Exchange (SHFE) recorded slight declines on the morning of Friday, October 17, with the sole exception of tin, which closed slightly higher. Copper posted the sharpest decline, reflecting a more cautious sentiment among...
ArcelorMittal Considers Restarting Its Hunedoara Rolling Mill in Romania, But Doubts Remain About Costs and Supplies from Ukraine
The steel group ArcelorMittal is evaluating the possibility of restarting rolling operations at its Hunedoara mill in Romania as early as November, according to a company press release on Wednesday, October 15. The plant had been suspended in early September due to...