Europe’s base metals market has been plagued by logistical issues for the majority of 2022, and the most recent strike by workers at the Port of Hamburg in Germany will add to these woes, participants told Fastmarkets
European aluminium billet premiums have fallen from recent record highs following a surge of imports, resulting in an oversupplied market at a time when demand from the automotive sector has weakened, participants told Fastmarkets
Dwindling demand and differing supply situations between regions pressured aluminium billet premiums down or kept them unchanged across the world on Wednesday June 1, with clear bearishness slowly taking over global markets
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.
