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The metals and mining market is going through a period of fundamental change. The industry is racing to meet decarbonization targets; all while supply chains are being tested to their limits. New mill capacity is coming online while others are closing. The ongoing war in Ukraine and other market forces have created unprecedented price volatility and imbalances in supply and demand.
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The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24
Brazilian aluminium supply coming from Companhia Brasileira de Alumínio (CBA) is said to have tightened, helping to boost the P1020A ingot premium, market participants told Fastmarkets in the two weeks to Wednesday April 24
In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks
The Brazilian Executive Management Committee for the Foreign Trade Chamber (Gecex-Camex) decided to increase steel import duties during one year to 25%, while establishing import volume quotas for 11 steel products, according to a document published on Tuesday April 23
This move aligns with global demands for sustainability in the mining sector and sets Nexa on a path toward achieving net zero emissions by 2050
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
Singapore-based lithium-ion battery recycling company Green Li-ion has launched its first commercial-scale installation to produce battery-grade cathode and anode materials from black mass and cathode powder – the first of its kind in North America
This development has led to a tightening market supply and bullish sentiment among traders, despite the immediate aftermath not showing a price hike
The global decarbonization drive is turning electrical steel into one of China’s key ferrous products, with electrical steel exports surging in recent years, sources told Fastmarkets
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.