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Japanese Ferrous Scrap Prices Rise After Holidays
Spot prices for Japanese ferrous scrap rose in the week ending Wednesday, September 24, immediately after the holiday, thanks to a combination of supply constraints and rising ocean freight costs, which allowed suppliers to push up offers despite still-weak demand....
Hudbay Minerals Temporarily Suspends Operations at Constancia Copper Mine in Peru
Copper producer Hudbay Minerals announced it has temporarily suspended operations at its Constancia copper mine in Peru due to social unrest in the region. The decision, announced Thursday, September 25, by a company spokesperson, was made to ensure employee safety....
The European Union Expands the List of Strategic Projects on Critical Raw Materials
The European Commission (EC) announced on Thursday, September 24, that it intends to expand the list of strategic projects recognized under the Critical Raw Materials Act (CRMA) and officially opened a new call for applications. The deadline for applications is...
US Copper Scrap Prices Remain Steady in September
The US copper scrap market showed substantial stability in the week ending Wednesday, September 24, with discounts and purchase prices remaining largely unchanged. According to several industry sources gathered by Commodity Evolution, demand remained in line with...