Energy crisis spotlight

What the energy crisis means for commodity markets across the globe

The current energy crisis in Europe as a result of Russia’s invasion of Ukraine earlier in 2022 means that the prices of fuel oil, gas and electricity have soared. Russia has turned off the taps on natural gas to Europe, leaving countries scrambling to diversify their energy sources. Across the continent, producers of key raw materials including aluminium and steel are facing a weaponization of the energy they need for production. This has sent the cost of power soaring.

Keep up-to-date with not only how this is impacting commodity markets across Europe, but also what this means for Europe’s plans to achieve net-zero greenhouse gas emissions by 2050. Will we see a boost in the production of the critical minerals needed to produce batteries for electric vehicles? Or, will the energy requirements to run these gigafactories be too much?

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The latest articles and insights on the energy crisis

Uncover the top drivers of the European sack kraft paper industry and access the webinar replay for the full analysis

Southeast Asia’s steel industry faces a long journey to decarbonization and the shift to producing “green steel,” according to Sheren Omega, head of sustainability at one of Indonesia’s leading steelmakers, Gunung Raja Paksi (GRP)

After a year of record-high inflation, we look at how European pulp and paper mills have adapted to the new reality, with examples of energy-transition-related investments announced or completed in 2022

Steelmakers in Taiwan are planning for severe production cuts this summer amid a surge in electricity costs starting in April, coupled with dismal steel demand in the spot market, sources have told Fastmarkets

European energy analysts’ “what if” questions have turned into “what now” questions in the wake of Russia’s stalled war efforts against Ukraine

Pulp and paper CEO panel at Fastmarkets Europe Conference 2023 reviewed the lessons learnt and changes going forward

Read our LME Week 2022 coverage

Battery materials, specifically nickel, dominated many conversations during LME Week 2022

Key battery raw materials such as cobalt and lithium were among the main discussion points at London Metal Exchange (LME) Week during the week of Monday, October 24

Chilean mining minister Marcela Hernando was at pains to dispel any worries that the mining industry may have about the position her country’s government takes on mining, when she attended the London Metal Exchange’s LME Week event, October 24-28


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