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Copper: prices near important short-term resistance
London's benchmark copper prices stabilized Wednesday amid uncertain trade, with the dollar settling after the previous day's sharp losses, while speculation that China, the metal's main consumer, may soon ease its zero-COVID policy provided some support. As of 09:32...
Ferrous scrap: U.S. exporters increase bulk shipments in September
U.S. ferrous scrap exporters increased dry bulk shipments in September, finding buyers in a greater variety of countries, including the second largest shipment to India so far this year. U.S. ferrous scrap bulk exports totaled 400,658 tons in September, up 3.8 percent...
Copper: Wieland will increase smelting capacity in Germany
German copper and alloy semi-finished products company Wieland said it plans to invest 80 million euros ($79.7 million) in a copper scrap melting plant to be located at its current plant in Vöhringen, Germany. The addition of about 80,000 tons of annual recycling...
Rare earth: the race for supplies in the West is hampered by the energy crisis
The West's race to reduce dependence on Chinese rare earth metals continues to face energy-related obstacles. Europe's energy problems appear to be getting worse with the withdrawal of Russian troops from Ukraine and Putin's doubling of gas restrictions. Not only are...