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One of the last five aluminium smelters in the United States – the privately owned Magnitude 7 Metals LLC smelter in Marston, Missouri – is considering closing if a buyer is not found, Fastmarkets has learned
China’s State Council has set a two-year action plan for cleaner air, and the comprehensive strategy to improve air quality will affect all key economic sectors, market sources told Fastmarkets
Decarbonization of the steel industry in Asia is set to accelerate, with steelmakers pressed to export more amid weak local demand and oversupply, necessitating the increase of low-carbon steel supply
The publication of Fastmarkets’ CFR Manila billet price was delayed on Tuesday December 19 due to a technical error.
While the downstream electric vehicle market witnessed spectacular sales and output growth in November, the upstream battery raw materials prices continued to experience bearishness amid slow buying and increasing capacity
A recent clarification of the Section 45X tax credit under the Inflation Reduction Act (IRA) that includes aluminium in the critical minerals list will help boost domestic production, according to aluminium producers in the United States
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