American Metal Market is part of Fastmarkets

Africa is known for being home to many key resources, including copper and cobalt, but it’s equally known for its persistent logistics issues, such as trucking strikes, shortages of transport capacity and congested ports, which have caused constant delays in shipments from the region.

Concerns over battery security have escalated the debate over nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) battery origins in South Korea following an electric vehicle (EV) fire due to a faulty battery according to sources

Fastmarkets has decided to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China because the price is not a key price benchmark.

A $3 billion deal between BHP and Lundin Mining is the first concrete sign that Argentina’s new president, Javier Milei, can persuade international investors to build copper mines in the country.

The global steel industry is currently grappling between decarbonizing at higher costs while still attempting to maintain cost competitiveness with traditional blast furnace-based production methods, sources told Fastmarkets.

Fastmarkets analysts expect aluminium demand from European carmakers to slow this year, as consumer sentiment remains pessimistic and cautious