Leibowitz: North America tackles Chinese imports, but the future remains unclear
North America is not quite speaking with one voice about China, but the cooperation is evident.
Sustainability: Energy Transition
Across the Pacific: The power of three
Nissan, Honda and Mitsubishi come together, looking for ways to make use of recycled metals in their manufacturing products.
The evolution of EV demand
A four-year retrospective on EV demand and its implications for copper and the recycled metals industry.
"A game changer." LME to add emissions data tracking for aluminum ahead of EU policy
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."
Price: Why have steel emission policies forgotten about recycling?
Why then do many leading international institutions and steel manufacturers argue for emission policies that discourage recycling altogether?
DOE to fund up to $934.6M in aluminum, copper decarb projects
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).
CRU Aluminum: Scrap Flows Remain Global Issue as Market Prepares for 2024
The LME aluminum three-month price was unchanged on the morning of Nov. 3 and was seen trading at $2,235 per tonne. The post CRU Aluminum: Scrap Flows Remain Global Issue as Market Prepares for 2024 appeared first on Steel Market Update.
Glencore to recycle batteries in Iberian Peninsular
Commodity trader and mining company Glencore intends to partner two companies to tackle what it describes as one of the biggest medium- to long-term challenges in the battery sector: recycling lithium-ion batteries through establishment of a purpose-built plant. The Switzerland-based group’s partners in Spain and Portugal will be industrial and commercial waste management company FCC […]
CRU: Teck Rejects Glencore’s Unsolicited Offer
Directors of Canadian miner Teck Resources have unanimously turned down what it described as an “opportunistic acquisition proposal” from Glencore. The offer values the Canadian miner at around US$23 billion (€21 bn). Glencore made the move soon after Teck announced first copper production from the QB2 expansion at Quebrada Blanca, Chile. Teck’s CEO Jonathan Price […] The post CRU: Teck Rejects Glencore’s Unsolicited Offer appeared first on Steel Market Update.
Sims takes bearish stance on immediate prospects
Though longer term market fundamentals remain good, global metal recycler Sims Limited says significant volatility makes the short-term outlook uncertain. “Aggressive interest rate rises to combat rapidly increasing inflation have reduced the demand for steel, copper and aluminium, and therefore the demand for recycled metal,” the Australia-based company said in commentary accompanying release of its […]