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Rebar and Wire Rod in Europe: Prices Decline Amid Weak Demand, Falling Scrap, and Import Pressure
The European longs market experienced another week of declines, with rebar and wire rod prices falling due to a combination of weak demand, lower scrap prices, and increasing competition from imports. Market sources report that September failed to bring the expected...
US Ferrous Scrap Export Prices Rebound to Turkey
A deal to export ferrous scrap from the US East Coast, concluded on Tuesday, September 23, and confirmed on Thursday, September 25, marked a reversal from recent market lows. A Turkish steel mill in the Marmara region purchased material at higher levels than...
China’s Battery Recycling Market Rebounds Slightly Ahead of Golden Week
China's battery recycling market showed a slight improvement in the week ending Thursday, September 25, supported by more favorable sentiment on battery metals. However, many recyclers preferred to take a wait-and-see approach ahead of the long Golden Week holiday...
Indonesia Aims to Regularize Mining Activities to Strengthen Industrial Chains
The International Critical Minerals and Metals Summit (ICMMS) opened on September 25 with a focus on strategic alliances in Indonesia's critical minerals trade. Nurul Ichwan, Deputy Minister for Investment Promotion at the Ministry of Investment and Downstream...