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Metal & Steel News

Waste & RecyclingMetals & SteelPrecious MetalsMining
China's Steel Sector is Softening, But with Resilience

China's Steel Sector is Softening, But with Resilience

This raises the possibility that China may find it harder to increase steel exports in 2025.
Capstone Copper Consolidated Copper Output Hit Record High in 2024

Capstone Copper Consolidated Copper Output Hit Record High in 2024

The company aims to deliver meaningful copper production growth in 2025, he added.
Global Aluminum Market to See Turbulent Year of Trading: Andy Home

Global Aluminum Market to See Turbulent Year of Trading: Andy Home

The market is unconvinced that tariffs will be imposed.
Novelis Honored as a Sustainable Leader in Manufacturing

Novelis Honored as a Sustainable Leader in Manufacturing

Novelis is the first U.S.-based aluminum manufacturer to receive the prestigious recognition.
Nucor’s Emission Targets Awarded GSCC Certification

Nucor’s Emission Targets Awarded GSCC Certification

Nucor is already one among the cleanest steel manufacturers of the world.
Shapiro Backs Joint Bid for US Steel

Shapiro Backs Joint Bid for US Steel

In July 2023, the iconic steel company rejected a $7.3 billion bid from Cliffs because it worried that federal regulators may disapprove of a merger based on monopoly concerns.
“Green” Aluminum Smelter Could Come to Kentucky after Department of Energy Grant

“Green” Aluminum Smelter Could Come to Kentucky after Department of Energy Grant

Kentucky Conservation Committee director Lane Boldman is a proponent of the site. She says it would be a big job creator.
Swedish Steelmaker SSAB Exits US Green Steel Funding Talks

Swedish Steelmaker SSAB Exits US Green Steel Funding Talks

Canary Media in the US was first to report on the change in the funding talks.
Kremlin Says EU Sanctions on Russian Aluminum would Risk Destabilizing a ‘Fragile’ Global Market

Kremlin Says EU Sanctions on Russian Aluminum would Risk Destabilizing a ‘Fragile’ Global Market

Russian aluminum giant Rusal, the world’s largest aluminum producer outside China, did not provide an immediate comment.
Antofagasta Reports Flat 2024 Copper Output

Antofagasta Reports Flat 2024 Copper Output

The company had previously guided to a range of 670-710,000 tons versus 660,600 tons in 2023.
Thyssenkrupp Announced Key Update on $13.1B Green Steel Plan

Thyssenkrupp Announced Key Update on $13.1B Green Steel Plan

The current government has been keen on advancing projects promoting decarbonisation of the industrial sector, with hydrogen being the centre of that strategy.
Mitsubishi Halts Metal Trading in China after Suspected Copper Fraud

Mitsubishi Halts Metal Trading in China after Suspected Copper Fraud

Mitsubishi booked the loss from its Chinese trading operations in the quarter from July to September, which it said related to a client's default on payment in a copper deal.
Possible U.S. Steel Sale Could Impact Ohio Valley, Weirton Facility Plans

Possible U.S. Steel Sale Could Impact Ohio Valley, Weirton Facility Plans

Lourenco Goncalves, CEO of Cleveland-Cliffs, expressed optimism about the project.
AISI: U.S. Weekly Raw Steel Output Jumped

AISI: U.S. Weekly Raw Steel Output Jumped

During the week, 1.659 million net tons (NT) of domestic raw steel were produced in the US.
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Metal Prices

Base Metals
Alumina 98.5% min734.26$US/MT
Aluminum Alloy A3563204.9045$US/MT
Aluminum Alloy ADC122727.77$US/MT
Minor Metals
Ammonium heptamolybdate 54% min30410.33$US/MT
Ammonium metavanadate 98% min9463.93$US/MT
Ammonium Tetrathiomolybdate 56% min30025.38$US/MT
High Purity Metals
Aluminum ingot purity 999990041900.00EUR/Kg
Aluminum oxide purity 990000012100.00EUR/Kg
Aluminum powder -325 mesh purity 99500008000.00EUR/Kg
Rare Earth
Cerium carbonates TREO 45% min, CeO2 / REO 100%854.90$US/MT
Cerium Metal 99% min 3254.80$US/MT
Cerium oxides 99.9% min1009.40$US/MT

January 20, 2025: Scrap Gold, Silver and Platinum Prices Dropped on the Index

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