The automotive industry in Japan, a major contributor to aluminium demand, had been hit with a series of headwinds in the first half of 2024, hampering its long-anticipated recovery. But market participants still expect the automotive industry to support a recovery in aluminium demand

After a month-long consultation period, which ended on Wednesday July 31, Fastmarkets has amended the publication frequency of its MB-AL-0343 Aluminium P1020A MJP spot premium, cif Japan, from twice weekly to daily.

The automotive industry in Japan, a major contributor to aluminium demand, had been hit with a series of headwinds in the first half of 2024, hampering its long-anticipated recovery. But market participants still expect the automotive industry to support a recovery in aluminium demand.

Aluminium packaging producer Ball Corporation is poised to have an advantage due to producing bottles with a higher recycled aluminium content and having the highest recycled aluminium content in its alloys, Dan Fisher, chairman and chief executive officer, said during the company's earnings call on Thursday August 1

The newly introduced requirement of a certificate of origin and analysis when exporting aluminium from Mexico to the US is a source of concern among Mexican market participants, even if it is not expected to have a big impact on the country's domestic industry, Fastmarkets heard in the two weeks to Friday August 2

Demand for primary aluminium from the green transition remains a “brighter spot” for consumption amid an otherwise challenging downstream demand outlook, Eivind Kallevik, Norsk Hydro’s chief executive officer and president, told Fastmarkets in an exclusive interview on Tuesday July 23

Acquisition Company Limited (ACG) has agreed to buy the Gediktepe mine in Turkey — the company’s first deal as it works to build a sizeable mid-tier copper producer, its chairman and chief executive officer told Fastmarkets.

Copper market price speculation is driving the base metals narrative, head of research at UK-based services provider Sucden Financial Daria Efanova said during the company’s third-quarter metals webinar on Wednesday July 17.

Steel industry participants in the United States are unclear whether Brazilian slab imports will be exempt from the 25% tariffs under Section 232 that will be levied on Mexican imports for steel that is not melted and poured in Mexico, the US or Canada, sources told Fastmarkets on Wednesday July 17

Fastmarkets has amended the name of MB-AL-0231 Aluminium P1020A all-in price, delivered Midwest US, US cents/lb as of Wednesday July 17.