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Stainless Steel Prices Rise in China on Higher NPI and Ferrochromium Prices
Stainless steel prices in China increased in the week ending Wednesday, September 17, both in the domestic and export markets. The increases were driven by higher costs for crucial raw materials such as nickel pig iron (NPI) and ferrochromium. The increase was also...
Ivanhoe Targets 550,000 Tons of Copper in 2025 Despite DRC Disruptions
Canadian company Ivanhoe Mines has announced that it expects to produce over 550,000 tons of copper this year at its mines in the Democratic Republic of the Congo (DRC), despite disruptions in May due to a seismic event that caused part of the Kakula site to flood....
US Copper Scrap Market Steady
The US copper scrap market remained stable in the week ending Wednesday, September 17, with prices firm and demand remaining very weak. "Demand is really, really quiet," commented one industry source, while another trader confirmed: "Copper scrap spreads are stable...
S. Norton Expands Glasgow Site with Major Investment in Sustainability and Exports
British scrap metal processor S. Norton has announced a major investment in its King George V Dock facility in Govan, Glasgow, acquired in December 2023. This move marks a significant advancement in both operational capacity and environmental sustainability for the...