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US aluminium, copper industries to receive $900 mln from Energy Department program to cut emissions
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
March 26, 2024
·
By Yasemin Esmen
Insights
Billions to flow from US government into metals; energy key | Hotter Commodities
The US could get a new primary aluminium smelter, investments in copper recycling and projects to decarbonize iron and steelmaking as part of a $6 billion government package announced on Monday, March 25
March 25, 2024
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By Andrea Hotter
Insights
Correction to US aluminum alloy C355.2 ingot on March 21
Fastmarkets has corrected its MB-AL-0277 aluminum alloy C355.2 ingot, delivered, $/lb, which was published incorrectly on Thursday March 21.
March 22, 2024
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Insights
Constellium joins aluminium producers exploring hydrogen power to decarbonize operations
Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
March 20, 2024
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By Yasemin Esmen
Insights
Hydro anticipates green premiums as solar plant starts up at Brazil’s Alunorte
The project, which powers the world's largest alumina refinery outside China, Alunorte, not only marks a significant leap towards sustainability but also showcases Norsk Hydro's commitment to reducing carbon emissions
March 19, 2024
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By Leticia Simionato
Insights
Aluminium demand to benefit from ‘under-appreciated’ role in energy transition
Increasing amounts of aluminium are being used to make solar panels, reduce vehicle emissions and upgrade electricity networks in a structural shift to patterns of long-term aluminium consumption
March 18, 2024
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By James McKeigue
Insights
Recovery of global aluminium demand depends on interest rates in the US and Europe
Recovery in global aluminium demand depends on interest rates, mainly in the United States and Europe, while the global scenario remains challenging
March 11, 2024
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By Leticia Simionato
Insights
Construction industry outlook: Raw materials price trends in 2024
What is the outlook for key raw materials in the construction industry in 2024, including steel, scrap, aluminium and lumber?
March 11, 2024
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By the Fastmarkets team
Insights
US Department of Commerce’s preliminary finding bullish for US billet premium
In a move set to reshape the aluminium market, the US Department of Commerce's preliminary findings reveal unfair subsidies by China, Indonesia, Mexico, and Turkey, sparking predictions of tightened supply and rising premiums
March 8, 2024
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By Yasemin Esmen
Insights
Launch of two Brazilian aluminium delivered premiums
Fastmarkets will launch two new Brazilian premium spot assessments for aluminium P1020A, delivered Sao Paulo region on Tuesday March 5 to better reflect the two-tier market created by the different state value-added tax (VAT) rates, known as the ICMS tax.
March 4, 2024
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By Leticia Simionato
Insights
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