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SA Recycling Strengthens Its Presence In The United States: New Acquisitions Across Florida And Texas
US-based group SA Recycling has completed a new phase of strategic expansion, strengthening its presence in the Southeastern United States and in Texas through a targeted acquisition in Florida and the opening of a new operational facility in the Texas market....
Steel Scrap: Taiwan Pushes Prices To New Highs, Turkey Held Back By Margins
The Asian market for imported ferrous scrap is moving through a phase of strong upward tension, with Taiwan at the forefront in recording new period highs. Spot prices for containerized scrap have in fact posted a sixth consecutive increase, reaching the highest...
Glencore And Congo’s Critical Minerals: The US–DRC Axis Targets Reduced Dependence On China
Swiss mining and trading group Glencore has entered advanced discussions to sell a 40% stake in its copper and cobalt mines in the Democratic Republic of Congo (DRC) to US-backed investors, in a move that could carry significant geopolitical implications for global...
Asian Steel Awaits The Lunar New Year: Weak Prices, Frozen Trading And Markets On Hold
China’s hot-rolled coil (HRC) market is moving into the typical pre-Lunar New Year slowdown, with activity reduced to a minimum, trading virtually absent and prices under pressure. On Tuesday February 3, domestic spot prices recorded a further downward widening,...