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UK steel scrap exports to India slump but other destinations may step in
UK export volumes of steel scrap to India have fallen in the current quarter, although sources in the British scrap industry said that other destinations should be able to take up the excess, Fastmarkets heard on Wednesday September 25.
September 27, 2024
·
By Declan Conway, Aameer Sayed
Insights
Interview with Matthew Chamberlain, CEO of the London Metal Exchange | Fast Forward podcast episode 6 transcript
Read the full transcript from episode 6 of Fast Forward podcast on trading power and the role of the London Metal Exchange (LME) in the energy transition with CEO Matthew Chamberlain.
September 24, 2024
·
Insights
Looking to diversify into metals, Saudi Arabia acquires shares in Middle East aluminium production
This week’s multiple announcements by the majority state-owned Saudi Arabian mining company Ma’aden that it was acquiring shares of aluminium producers in the region shows that the Middle Eastern aluminium industry has matured, according to Fastmarkets analyst Andy Farida
September 23, 2024
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By Yasemin Esmen
Insights
The future of metals trading with the LME’s Matthew Chamberlain
Ahead of LME Week 2024, the exchange's CEO, Matthew Chamberlain, sat down with Andrea Hotter for Fast Forward podcast to talk about the exchange's role in facilitating responsible sourcing and transparency along the metals supply chain
September 20, 2024
·
Insights
Investment in aluminium scrap processing key to securing supply amid global shortage: LME week
Investing in scrap processing capacity will be a key factor for the aluminium industries in Europe and North America in securing enough suitable scrap to decarbonize their primary alloys, industry sources said at Fastmarkets’ International Aluminium conference in Athens, Greece.
September 20, 2024
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By Ross Yeo
Insights
China to boost liquidity in carbon emission trading system
China is working ways to boost the national carbon trading market liquidity by including more industrial firms from the steel, cement and electrolytic aluminum sectors to participate, as well as restarting the voluntary greenhouse gas (GHG) emissions reduction trading, sources told Fastmarkets.
September 20, 2024
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By Zihuan Pan, Alice Li, the Fastmarkets team
Insights
Proposal to amend frequency of US aluminium billet premium
Fastmarkets proposes to amend the frequency of MB-AL-0052 aluminium 6063 extrusion billet premium, delivered Midwest US, US cents/lb.
September 16, 2024
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By Yasemin Esmen
Insights
Launch of all-in CME-based low-carbon aluminium price for the US
Fastmarkets will launch an aluminium low-carbon P1020A all-in price, Chicago Mercantile Exchange-based, delivered Midwest US, US cents/lb on Monday September 23.
September 16, 2024
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By Yasemin Esmen
Insights
Spotlights for scrap, alumina, green premiums and Chinese production at International Aluminium Conference
Aluminium’s most important players met at Fastmarkets’ International Aluminium Conference in Athens on September 10-12 to debate the issues shaping the future of the industry. We highlight some of the standout quotes.
September 13, 2024
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By James McKeigue
Insights
LME inventories of copper, nickel, zinc rise in August
Total open-tonnage stocks in London Metal Exchange-registered warehouses rose by 6.0% to 1,137,907 tonnes at the end of August, from 1,073,574 at the end of July, according to the latest data released by the exchange on Tuesday, September 10.
September 11, 2024
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By the Fastmarkets team, Albert MacKenzie, Natasha Porter
Insights
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