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Alcoa will cut alumina production by up to 15% at San Ciprián on high gas prices
Alcoa will reduce production at its San Ciprián alumina plant in Spain because of high natural gas prices, it said late last week.
July 5, 2022
·
By Carrie Bone
Insights
Aluminium traders brace for possibility of more smelter cuts amid rising energy costs
Surging energy prices in Europe have led to fresh concerns about aluminium production across the continent, with market participants mulling the possibility of additional smelter cuts
June 30, 2022
·
By Imogen Dudman
Insights
Large-scale electric-car charging risks overloading power grids – battery innovator
As the world-wide push to electrify transport gains momentum, potential pitfalls have become apparent. The large-scale charging of electric vehicles, for example, risks overloading power grids and may not be sustainable, battery innovator Dr. Avishek Kumar told Fastmarkets in an interview
June 27, 2022
·
By Paul Lim
Insights
German port strikes add to logistics, congestion woes for base metals trade
Europe’s base metals market has been plagued by logistical issues for the majority of 2022, and the most recent strike by workers at the Port of Hamburg in Germany will add to these woes, participants told Fastmarkets
June 23, 2022
·
By Carrie Bone
Insights
Century’s Hawesville smelter to close as energy soars, Aluminium prices slump
The United States’ largest primary aluminium producer, Century Aluminum, will close its biggest US smelter for up to a year due to “soaring energy prices,” the company announced on Wednesday June 22
June 23, 2022
·
By Orla O'Sullivan
Insights
Bearish sentiment builds in European base metals markets
Sentiment in the base metals markets in Europe was turning increasingly bearish, a number of participants told Fastmarkets on Tuesday June 21, with macro-economic uncertainties creating additional caution among consumers with the approach of the seasonal summer slowdown
June 21, 2022
·
By Callum Perry
Insights
China’s alumina exports into Russia continue to soar in May; China becomes net exporter
China’s alumina exports into Russia jumped again in May amid steady demand from the latter country to plug its shortfall due to its invasion of Ukraine and subsequent sanctions against it
June 21, 2022
·
By Yiwen Ju
Insights
Aluminium market split on future direction of weakening Rotterdam P1020 markets
European aluminium premiums have fallen from recent record highs in the week ended Wednesday June 15 due to increasingly bearish sentiment and a drop off in spot demand, but there is disagreement in the market about how far spot premiums can drop in current conditions
June 15, 2022
·
By Imogen Dudman
Insights
European aluminium billet premiums fall following surge of overseas imports
European aluminium billet premiums have fallen from recent record highs following a surge of imports, resulting in an oversupplied market at a time when demand from the automotive sector has weakened, participants told Fastmarkets
June 14, 2022
·
By Carrie Bone, Imogen Dudman
Insights
Amendment to frequency of LME base metals warrant premium assessments
Fastmarkets has amended the frequency of its assessments of London Metal Exchange base metals warrant premiums to fortnightly from weekly
June 14, 2022
·
Insights
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