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Alumar sells aluminium in Brazilian low-VAT market
Brazilian aluminium producer Alumar has strategically entered the low value-added tax (VAT) market in the São Paulo region since the beginning of 2024, market participants told Fastmarkets over the last month.
July 3, 2024
·
By the Fastmarkets team, Leticia Simionato, Renato Rostás
Insights
Rio Tinto to install zero-carbon smelting technology ELYSIS at demonstration plant in Quebec
Rio Tinto will install carbon-free aluminium smelting cells at its Arvida smelter in Quebec, Canada, using the first technology license issued by ELYSIS, the company announced on Friday June 28
July 3, 2024
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By Yasemin Esmen
Insights
Proposal to amend the frequency of Aluminium P1020A (MJP) spot premium, cif Japan, $/tonne
Fastmarkets proposes to amend the frequency of its MB-AL-0343 aluminium P1020A (MJP) spot premium, cif Japan, $/tonne to daily from twice weekly.
July 1, 2024
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By Chay Chye Leng
Insights
New ARZYZ FRP project opportunity for Mexico to depend less on imports
Mexican secondary aluminium alloy smelter and distributor of primary metals ARZYZ Metals expects that the company’s new project to produce domestic flat-rolled products (FRP) will reduce Mexico's dependence on imports, a press officer told Fastmarkets on Monday June 24
June 26, 2024
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By Leticia Simionato
Insights
Aluminium use in China’s NEVs to surge by 2030, but challenges exist
The aluminium market in China was expected to come under massive demand from the new energy vehicle (NEV) sector in the years ahead, but the aluminium industry still faced various challenges in the application of the metal in NEVs, Fastmarkets has learned.
June 25, 2024
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By Ruby Liu
Insights
BMW opens first US press shop at South Carolina plant where it will manufacture EVs
The German auto-manufacturer BMW opened its first press shop in North America at its plant in Spartanburg, South Carolina, where it will produce the exterior for its X3 model, the company announced on Friday June 21
June 25, 2024
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By Yasemin Esmen
Insights
How Saudi Arabia’s plans to increase base metals production, consumption will affect markets
Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets
June 21, 2024
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By Albert MacKenzie, Imogen Dudman, James McKeigue, Natasha Porter, Laura Roberts
Insights
Indonesia vows to invest more in aluminium supply chain in strategy for critical metals
Indonesia is preparing to invest more in its aluminium supply chain as part of its wider critical metals strategy, Fastmarkets understands
June 20, 2024
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By Laura Roberts
Insights
Investigation into automotive model certification expected to dampen aluminium demand in Japan
Market sentiment remain mixed on whether the investigation will impact aluminium prices and production
June 20, 2024
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By Chay Chye Leng
Insights
Aluminium premiums being supported in all key regions
Aluminium premiums in all key regions remained well-supported in the week to Tuesday June 18, amid ongoing reports of tight availability, while market participants in Europe and Asia are focusing on ongoing negotiations for Japanese third-quarter supplies
June 19, 2024
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Insights
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