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Fastmarkets to launch six CIF India aluminium scrap price assessments amid rising demand
Indian imports of aluminium scrap have been rising consistently in recent years, creating significant demand among market participants for more transparent, comprehensive CIF India pricing.
April 15, 2024
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By Lee Allen
Insights
US and UK restrict exchange trading of new Russian aluminium, copper and nickel
Metal exchanges will be prohibited from accepting these metals from Russia, said releases from the US and UK governments on Friday April 12
April 15, 2024
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By Grace Asenov
Insights
Base metal stocks in Shanghai bonded warehouses mixed in March; aluminium up 150%
Stocks of base metals in Shanghai bonded warehouses showed mixed fortunes in March, Fastmarkets has learned
April 10, 2024
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By Sally Zhang, Ruby Liu, Dylan Duan, Shiyue Zhao
Insights
Disruptive technologies, approaches needed to carry decarbonization forward for aluminium industry
Recent developments in the aluminium industry have provided incremental steps toward the industry’s decarbonization, but green energy sources, inert anodes and end-of-life scrap recycling can offer disruptive advances to achieve this goal, according to Peter von Czarnowski, director of casting technology expansion at Golden Aluminum.
April 9, 2024
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By Yasemin Esmen
Insights
Little demand for low-carbon aluminium; global differentials broadly steady
The low-carbon differential for aluminium P1020 in Europe was unchanged in the month to Friday April 5, with market participants reporting decreased interest in low-carbon units.
April 8, 2024
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By Yasemin Esmen, Chay Chye Leng, Laura Roberts
Insights
Cash flow difficulties pressure Brazilian aluminium scrap dealers
Aluminium scrap dealers selling to large recycling companies in Brazil are facing cash flow difficulties because they have been forced to receive delayed payments, which may lead to more severe outcomes, like company closures, sources told Fastmarkets
April 4, 2024
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By Leticia Simionato
Insights
Century Aluminum to build green aluminium smelter in the US with DOE grant
Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
March 26, 2024
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By Yasemin Esmen
Insights
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
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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
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