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Scrap Metal News
Recycling industry news and updates from global markets
Cyclic Materials to build $20 million recycling plant in Arizona
April 23,2025 07:00 AM
BMW-backed (BMWG.DE), opens new tab rare earths and metals recycler Cyclic Materials said on Wednesday it will build its first commercial plant in Arizona as part of a push to boost U.S. critical minerals…
April 22,2025 06:00 AM
Barrick Gold sells Alaska mine stake to John Paulson, NovaGold for up to $1.1 billion
Canada's Barrick Gold (ABX.TO), opens new tab said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources (NG.TO), opens…
April 21,2025 06:00 AM
China's export controls are curbing critical mineral shipments to the world
China's export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over…
April 18,2025 06:00 AM
Ukraine says aiming to wrap up mineral deal talks within a week
Kyiv said on Friday it aims to complete talks by the end of next week about a deal with Washington on jointly exploiting Ukrainian mineral resources, an agreement Ukrainian officials hope will go some…
April 17,2025 06:00 AM
Gold's record rally pauses as investors cash in gains
Gold prices fell more than 1% on Thursday after a sharp rise in the previous session as investors booked profits ahead of a long weekend, although softer dollar and escalating U.S.-China trade tensions…
April 16,2025 07:00 AM
China March crude steel output hits 10-month high on improved margins
China's crude steel output in March climbed 4.6% from the prior year to the highest level in 10 months, driven by robust exports and favourable margins.
April 15,2025 04:00 AM
Nucor cuts prices for hot rolled coils for the first time since the beginning of the year
For the first time since the beginning of the year, the US steel company Nucor has announced a reduction in the weekly spot price (CSP) for hot rolled coil (HRC). Offers for the current week dropped by…
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