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European secondary aluminium prices steady, scrap under pressure
European secondary aluminium prices have been stable in the week to Friday August 25, while Fastmarkets launched two additional grades of alloy that have also been steady so far through the month
August 29, 2023
·
By Declan Conway
Insights
China’s automotive output, sales drop in July amid reduced buying in summer lull
China’s automotive output and sales both fell in July, on a month-on-month and year-on-year basis, because of reduced seasonal demand in the summer season and the higher base in July 2022, the China Association of Automobile Manufacturers (CAAM) said this week
August 17, 2023
·
By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
Insights
China stimulus policies key to sustaining base metal price rises, Sucden Financial says
Economic stimulus policies put in place by the government of China will be key to sustaining price rises among base metals in the coming quarters, Daria Efanova, head of research at UK-based services provider Sucden Financial, said during the company’s third-quarter metals webinar on Wednesday, August 2
August 11, 2023
·
By the Fastmarkets team, Carrie Bone, Albert MacKenzie
Insights
Automakers increasingly interested in green aluminium: Novelis
Novelis has noted increasing enthusiasm for low-carbon aluminium sheet from the automotive sector, more so than its other business segments, including beverage cans and specialty markets, according to a top executive at the company
August 7, 2023
·
By Grace Asenov
Insights
Fastmarkets launches inferred P0610 aluminium Rotterdam premium calculations
Fastmarkets has launched calculations of two inferred P0610 aluminium Rotterdam premiums, following the first publication of its P0610 netback on Tuesday August 1.
August 3, 2023
·
Insights
Base metals price mixed forecast on China stimulus pressure
Despite concerns over the uncertainty of China’s economic recovery, base metals price forecasts remain mixed for aluminium, copper, lead, nickel, tin and zinc prices
August 2, 2023
·
By the Fastmarkets team
Insights
Weak aluminium packaging sector weighs on Constellium results, despite improving automotive shipments
The continued weakness in the aluminium packaging sector has been reflected in the financial results of producer Constellium published on Wednesday July 26, with lower revenue and shipments reported for the segment
July 28, 2023
·
By Carrie Bone
Insights
Aluminium can inventory surplus will clear by 2025: SDI CEO
Steel Dynamics Inc (SDI) will dedicate nearly half of the output from its 650,000-tonne capacity aluminium rolling mill Columbus, Mississippi, to primarily produce beverage cans, a market currently experiencing a glut of inventory
July 24, 2023
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By Jason Smith
Insights
Proposal to launch new European aluminium diecasting ingot assessments [update]
Fastmarkets proposes to launch weekly price assessments for European aluminium pressure diecasting ingot, DIN 230 and DIN 239, to expand its coverage of Europe’s secondary aluminium alloys market.
July 14, 2023
·
By Declan Conway
Insights
Weak construction output hampers European aluminium, steel market
Slower demand for construction materials continues to weigh on Europe’s aluminium and steel market price and premiums
July 11, 2023
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By the Fastmarkets team, Julia Bolotova, Imogen Dudman, India-Inés Levy
Insights
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