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Aluminium billet premiums fall in key global locations except for US market
The aluminum billet markets in the key global locations of Europe, Brazil and Thailand softened in the month to Friday December 15, while the US market edged higher
December 18, 2023
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By the Fastmarkets team, Renato Rostás, Carrie Bone, Yasemin Esmen, Chay Chye Leng
Insights
Aluminium industry must invest in three key areas to hit net zero: WEF report
Find out how days before the 2023 United Nations Climate Change Conference (COP28) in Dubai, the World Economic Forum (WEF) outlined three key areas of investment for the global aluminium industry to reach net zero by 2050 – clean energy, emerging technologies and decarbonization infrastructure – but it will require hundreds of billions of dollars
December 1, 2023
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By Yasemin Esmen
Insights
Launch of new European aluminium low-carbon differentials for value added products; phased discontinuation of existing VAP differential
After an extended consultation period, Fastmarkets will launch two new European aluminium low-carbon value-added product (VAP) differentials to complement its existing low-carbon offering in Europe and begin the phased discontinuation of the existing MB-AL-0382 aluminium low-carbon value-added product differential.
November 28, 2023
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By Carrie Bone
Insights
Primary aluminium stakeholders seek DOE clean energy investments
“The [Department] has a set of tools through the Inflation Reduction Act [IRA] and the Bipartisan Infrastructure Law,” Annie Sartor, aluminum campaign director at clean industry advocate group Industrious Labs, said. “They are open to talking about what the industry needs. When we said the current investments were not enough, they were open to conversation,” […]
November 28, 2023
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By Yasemin Esmen
Insights
Cautious optimism among miners after election of Milei as Argentina president
There is a sense of cautious optimism in the mining sector following the election of Javier Milei as the new president of Argentina on Sunday November 19, Fastmarkets understands
November 28, 2023
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By the Fastmarkets team, Callum Perry, Albert MacKenzie
Insights
Challenges, opportunities for greener manganese alloy production: IFA 2023
Despite this, in their discussion on manganese ore and manganese alloys, experts including Asia Minerals Limited (AML) director Gautam Kumar, Project Blue founder Jack Beddar and WoodMac research director Kevin Fowkes weighed in on the various methods for reducing carbon emissions and the challenges they pose for ferro-alloys producers. “The problem is the most hazardous […]
November 21, 2023
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By Holly Chant
Insights
Market welcomes addition of synthetic graphite to EC’s Critical Raw Materials Act
European producers of synthetic graphite have welcomed the addition of the material into the European Commission’s Critical Raw Materials Act (CRMA) but they stress more needs to be done for the sector to compete with Chinese imports and meet the act’s goals
November 20, 2023
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By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs
Insights
What’s ahead for base metals prices?
Aluminium price on China’s economy Range-trading has characterized the LME aluminium price as the decline since the start of October attempts to stabilize. At the beginning of the year, market participants had overestimated China’s ability to stimulate its way out of the Covid-lockdown era, putting too much emphasis on a fast and robust recovery. However, as China’s economic […]
November 8, 2023
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By the Fastmarkets team
Insights
US Midwest low-carbon aluminium differentials at zero; interest grows
Fastmarkets assessed its new aluminium low-carbon differential P1020A, US Midwest at zero on Friday November 3. The assessment for the aluminium low-carbon differential for value-added product, US Midwest, also was at zero on Friday. Fastmarkets aims to bring transparency to the market with its new low-carbon aluminium differentials. “We are getting lots of questions about carbon […]
November 6, 2023
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By Yasemin Esmen
Insights
Launch of US low-carbon aluminium differentials: pricing notice
Fastmarkets is launching low-carbon aluminium differentials to its existing US Midwest P1020A and value-added product (VAP) premium contracts to meet market interest in low-carbon aluminium pricing mechanisms.
November 3, 2023
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By Yasemin Esmen
Insights
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