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Weak aluminium packaging sector weighs on Constellium results, despite improving automotive shipments
The continued weakness in the aluminium packaging sector has been reflected in the financial results of producer Constellium published on Wednesday July 26, with lower revenue and shipments reported for the segment
July 28, 2023
·
By Carrie Bone
Insights
Aluminium can inventory surplus will clear by 2025: SDI CEO
Steel Dynamics Inc (SDI) will dedicate nearly half of the output from its 650,000-tonne capacity aluminium rolling mill Columbus, Mississippi, to primarily produce beverage cans, a market currently experiencing a glut of inventory
July 24, 2023
·
By Jason Smith
Insights
Proposal to launch new European aluminium diecasting ingot assessments [update]
Fastmarkets proposes to launch weekly price assessments for European aluminium pressure diecasting ingot, DIN 230 and DIN 239, to expand its coverage of Europe’s secondary aluminium alloys market.
July 14, 2023
·
By Declan Conway
Insights
Weak construction output hampers European aluminium, steel market
Slower demand for construction materials continues to weigh on Europe’s aluminium and steel market price and premiums
July 11, 2023
·
By the Fastmarkets team, Julia Bolotova, Imogen Dudman, India-Inés Levy
Insights
Fastmarkets to launch P0610 netback for aluminium P1020A Rotterdam premiums
Fastmarkets will launch a published P0610 purity netback for its aluminium P1020A Rotterdam premiums beginning on August 1, 2023.
July 6, 2023
·
By Imogen Dudman
Insights
Mixed month ahead for base metals prices as optimism over China cools
Base metal futures on the London Metal Exchange are showing little signs of change as China's potential economic stimulus failed to materialize in June causing sentiment of rebounding Chinese demand to dampen
July 5, 2023
·
By the Fastmarkets team
Insights
China’s auto sector recovers in May, but raw materials market mixed
China’s automotive output and sales posted year-on-year growth in May amid measures to promote consumption during the May Day holiday and due to a low base a year earlier, the China Association of Automobile Manufacturers (CAAM) said
June 15, 2023
·
By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
Insights
Delayed publication of aluminium diecasting scrap/ingot UK
The publication of Fastmarkets’ price assessments for aluminium scrap LM6/LM25 and LM24 gravity diecasting ingot, delivered consumer UK and the UK aluminium scrap grades price assessments for Wednesday June 14 were delayed due to a reporter error.
June 14, 2023
·
By Declan Conway
Insights
How will aluminium prices trend in June 2023?
Aluminium prices continue to be affected by several factors in June 2023 and were trending lower on the LME earlier this month despite the pick-up in Chinese services in May
June 14, 2023
·
By the Fastmarkets team, Yang Cao, Andy Farida
Insights
Proposal to launch FCA, P0610 netbacks for aluminium P1020A Rotterdam premiums
Fastmarkets proposes to launch published netback rates for both purity and incoterm differentials for its aluminium P1020A Rotterdam premiums.
June 6, 2023
·
By Imogen Dudman
Insights
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