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Steel & Metal
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Platinum Group Metal Prices Update for July 30th

As of today, July 30, 2025, platinum group metal (PGM) prices show current rates in London. Platinum is priced at $1,398.00 per troy ounce, while palladium is trading at $1,264.00 per troy ounce. Rhodium is currently at $7,050.00 per troy ounce, iridium at $4,450.00 per troy ounce, and ruthenium at $800.00 per troy ounce. These figures reflect the market snapshot for PGMs today, which are utilized in various industrial applications, including catalytic converters, electronics, and jewelry. The prices of these metals are subject to daily fluctuations influenced by global demand, supply chain dynamics, and economic indicators.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices