December 15, 2020

Pendulum swings in favour of aluminum demand and prices

Flourishing demand in China and the United States, higher freight costs and tight scrap supplies are expected to fuel further rises in prices of the metal.

December 9, 2020

‘Green stimulus packages’ key driver for base metal demand, says analyst

“The path to economic recovery will be long and slow,” says Intl FCStone metals analyst Natalie Scott-Gray.

December 8, 2020

US Steel to buy remaining Big River stake amid steel surge

U.S. Steel is exercising a call option and will use cash on hand to buy the stake for about $774 million.

December 7, 2020

China imports ever more aluminum as alloy demand booms

China imported another 220,000 tonnes of unwrought aluminum in October, extending one of the most unexpected trends in a year of metals market upheaval.

December 7, 2020

Biden infrastructure plans will prop up base metals markets

Plans by US President-elect to spend $2 trillion on infrastructure are expected to underpin metals prices in the coming months.

December 1, 2020

Mining supercycle talk back as copper, iron ore prices surge to 7-year highs

Goldman Sachs predicts "structural bull market" for commodities similar to 2000s as rising demand, green energy investment combine with chronic undersupply.

November 27, 2020

Scrap metal demand to grow over next two decades – report

According to Wood Mackenzie, consumer and investor pressures asking for recycled content are starting to change the scrap metal market.

November 26, 2020

Vedanta sounds out bondholders on debt extension

The mining giant started approaching the investors to discuss possible debt extensions after the company’s failed attempt to delist its India unit,

November 20, 2020

Rio Tinto’s new aluminium alloys promise to support recycling by die casters

The mining giant’s new alloy series has been developed for high pressure vacuum die casters to mix with their own scrap and recycled cleaned crushed wheels.

November 13, 2020

Rusal secures $4.5bn loan extension from Sberbank

The company will now start repaying the loan, secured by Rusal's 27.8% stake in Norilsk Nickel , from 2024.