Bauxite miners in Guinea must build refineries in the country and respect their obligations or face administrative action, Moussa Magassouba, the country’s Minister of Mines & Geology, said during a keynote speech at Fastmarkets’ Bauxite and Alumina conference in Miami, United States, on Wednesday April 27.
Fastmarkets proposes to launch a bauxite cif China price and discontinue its existing fob Guinea and Brazil prices to better reflect changing market preferences.
The automotive industry’s shift to electric vehicles (EVs) is demanding that its steel suppliers upstream support it, Jean-Martin Van der Hoeven, chief marketing officer of ArcelorMittal’s global automotive division, told Carrie Bone in an exclusive interview for Fastmarkets
The automotive industry’s shift to electric vehicles (EVs) has put the sustainability efforts of its suppliers under scrutiny, Jean-Martin Van der Hoeven, chief marketing officer of ArcelorMittal’s global automotive division, told Fastmarkets in an exclusive interview.
Global ferrous scrap prices have continued to fall in the week to August 13 due to high freight rates, Covid-19 outbreaks in importing countries and poor downstream steel demand.
