Metals Markets

Steelmakers said demand is rebounding after a slump earlier this year, driven by booming construction and heavy equipment industries, and slowly expanding automotive production.Despite higher raw materials costs triggered by Russia’s…

Rio Tinto RIO -2.85% PLC offered to pay roughly $2.7 billion to buy out minority shareholders in Canada’s Turquoise Hill TRQ -2.52%…

Surging prices for the metals that make up electric-vehicle batteries have ended a decadelong decline that brought the cost of EVs to within spitting distance of gasoline-powered vehicles.…

Rising power prices are causing a shakeout in the aluminum sector, forcing the closure of some plants and tightening global supplies.The price of aluminum on the London Metal Exchange has increased by 24% over the past six months to more…

RICHARDS BAY, South Africa—Last May, three men strode into a suburban street and sprayed gunfire into a car, killing mining executive Nico Swart on his way to work.Mr. Swart, 47 years old, had been a general…

U.S. steel producers are buying up scrap businesses, seeking a steady supply of raw material from junked cars, old pipes and manufacturing waste for new mills. Indiana-based MetalX LLC began supplying North Star BlueScope with scrap from a…