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This week’s multiple announcements by the majority state-owned Saudi Arabian mining company Ma’aden that it was acquiring shares of aluminium producers in the region shows that the Middle Eastern aluminium industry has matured, according to Fastmarkets analyst Andy Farida
Fastmarkets will launch a monthly price assessment for graphite flake 94% C, -100 mesh, cif US ports, $/tonne on Thursday October 3.
Ahead of LME Week 2024, the exchange’s CEO, Matthew Chamberlain, sat down with Andrea Hotter for Fast Forward podcast to talk about the exchange’s role in facilitating responsible sourcing and transparency along the metals supply chain
The price of standard-grade cobalt has fallen to its lowest so far this year in the week ending Friday September 20, on slow demand and continued oversupply.
Investing in scrap processing capacity will be a key factor for the aluminium industries in Europe and North America in securing enough suitable scrap to decarbonize their primary alloys, industry sources said at Fastmarkets’ International Aluminium conference in Athens, Greece.
Chinese steelmakers are strengthening their position as global leaders in electrical steel after China’s introduction of new motor efficiency standards, but experts have warned that supply may soon outpace demand and that overcapacity in high-end electrical steel products could generate downward pressure on prices.
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