Metal & Recycling News
Within the quota, exporters will face a five percent duty, with a minimum of €15 per metric ton.
Regulators say rising inflows of low-cost plastic materials, some marketed as recycled, are distorting the market and undermining the EU’s circular economy goals.
The agreement carries a seven-year term, requiring annual lease payments of US$25,000 and a minimum of US$1 million in exploration and development spending during the first three years.
U.S. Steel responded by filing suit, claiming Algoma already owed approximately $22 million, with potential damages approaching $100 million.
Harness Wire 35% Recovery prices were down marginally by CNY 50 per MT as of Tuesday, December 30, 2025.
Copper Transformer and Cu Yokes prices were down by $0.01 per Lb and $0.03 per Lb respectively on the Index.
A city spokesperson said no injuries have been reported.
The analysts said they expect LME copper prices to average $10,710 in the first half of 2026.
Researchers say that the plastic industry, retailers, prominent plastic-reliant brands, and related trade associations are retracting their sustainability commitments while continuing to rely on single-use plastic packaging.
A rate reduction also slashes the cost of borrowing for traders who speculate in precious metals, potentially juicing investment further.
Volatility defined commodity markets in 2025, with precious metals outperforming and industrial metals facing sharp policy-driven swings. As 2026 approaches, the scrap market is shifting from price discovery toward access and availability. Here is ScrapMonster’s strategic outlook on the year ahead.
The steelmaker says it is ready to defend the case and believes the claimant faces serious obstacles on both admissibility and substance.
Looking ahead to 2026, analysts expect the broader bull trend to continue, though with higher volatility and periodic consolidation.
Rising global demand for copper, driven by the energy transition, electrification of transport, and renewable infrastructure buildout, underpins the positive outlook.
The company began trading on the TSX Venture Exchange on December 2.
The marginal pullback highlights short-term adjustments rather than a shift in underlying demand trends.
Shred SS prices reported an increase of CNY 100 per MT on the Index.
330 SS prices were up by $0.03 per Lb.
The first of two price increases at scrap metal dealers this year occurred when winter weather conditions limited supplies nine months ago.
Freeport updated on progress at Grasberg in November saying full production is expected to be restored in 2027.
EHMB is an important intermediate for the synthesis of several commercially significant products.
Silver, which boasts a far smaller market, has been the star performer this year, rallying nearly 150% as the metal's industrial use has put a focus on supply deficits.
ICRA expects domestic hot-rolled coil (HRC) prices to average around 50,500 rupees per ton ($560–$565) in fiscal year 2025/2026.
Under the deal terms, Global Panduro will pay USD 45 million in cash at closing and issue a USD 65 million loan note to First Quantum.
State officials also note that the higher fee is intended to offset rising costs for retailers.