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Steel and Scrap: the latest data from Mexico
According to data released by the Mexican Institute of Statistics and Geography (Inegi), Mexico's scrap metal imports stood at $82.4 million in January this year, up 0.9 percent year-on-year, the lowest level in 30 years. Scrap metal imports in the full year 2022 were...
Copper: prices keep pace as global banking concerns ease
Copper prices kept pace in Tuesday's Asian trading hours, thanks to the deal to buy the assets of Silicon Valley Bank (SVB), a troubled U.S. bank, boosting risk appetite despite concerns over weak Chinese demand. Three-month copper on the London Metal Exchange is up...
International Aluminum Institute launches Aluminum Forward 2030 coalition
The London-based International Aluminum Institute (IAI) has launched Aluminum Forward 2030, a coalition of 25 producer members and 20 customer and downstream companies committed to transforming the aluminum industry. The organization says the coalition's goal is to...
Metals: Aurubis chooses to double recycling capacity at Georgia plant
An equipment and technology contract signed by Hamburg, Germany-based Aurubis AG provides further details on the metals production and recycling company's intention to double the initially announced capacity of its scrap-fuelled copper refinery in Richmond, Georgia....