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Market welcomes addition of synthetic graphite to EC’s Critical Raw Materials Act
European producers of synthetic graphite have welcomed the addition of the material into the European Commission’s Critical Raw Materials Act (CRMA) but they stress more needs to be done for the sector to compete with Chinese imports and meet the act’s goals
November 20, 2023
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By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs
Insights
What’s ahead for base metals prices?
Aluminium price on China’s economy Range-trading has characterized the LME aluminium price as the decline since the start of October attempts to stabilize. At the beginning of the year, market participants had overestimated China’s ability to stimulate its way out of the Covid-lockdown era, putting too much emphasis on a fast and robust recovery. However, as China’s economic […]
November 8, 2023
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By the Fastmarkets team
Insights
US Midwest low-carbon aluminium differentials at zero; interest grows
Fastmarkets assessed its new aluminium low-carbon differential P1020A, US Midwest at zero on Friday November 3. The assessment for the aluminium low-carbon differential for value-added product, US Midwest, also was at zero on Friday. Fastmarkets aims to bring transparency to the market with its new low-carbon aluminium differentials. “We are getting lots of questions about carbon […]
November 6, 2023
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By Yasemin Esmen
Insights
Launch of US low-carbon aluminium differentials: pricing notice
Fastmarkets is launching low-carbon aluminium differentials to its existing US Midwest P1020A and value-added product (VAP) premium contracts to meet market interest in low-carbon aluminium pricing mechanisms.
November 3, 2023
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By Yasemin Esmen
Insights
Delayed publication of aluminium diecasting scrap/ingot UK
The publication of Fastmarkets’ price assessments of both aluminium scrap LM24 pressure diecasting ingot and aluminium scrap LM6/LM25 gravity diecasting ingot, delivered consumer UK, as well as other UK aluminium scrap grades for Wednesday November 1 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
November 1, 2023
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By Ross Yeo
Insights
Aluminium prices bullish outlook, will it last into 2024?
The aluminium market is experiencing a bullish sentiment, with rising prices. As we reach the end of the financial year, aluminium buyers are left wondering if this trend will last
October 12, 2023
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By the Fastmarkets team
Insights
LME trialing VWAP expansion ahead of January launch, CEO says: LME Week | Hotter Commodities
The London Metal Exchange (LME) is trialing the expansion of its closing price methodology across five of its base metals contracts ahead of launching next year, the exchange’s chief executive officer told Fastmarkets
October 9, 2023
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By Andrea Hotter
Insights
Weak demand across global base metal markets as LME warehouse stocks continue to climb: LME Week
Rising base metal stock levels on the London Metal Exchange continue to highlight a poor physical demand environment, with the anticipated return in global demand remaining a key talking point ahead of LME Week, participants told Fastmarkets on Friday October 6
October 9, 2023
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By the Fastmarkets team, Imogen Dudman, Albert MacKenzie, Josh Fulton, Laura Roberts
Insights
Struggling German economy weighs on base metals markets: LME Week
European industrial production is struggling due to high interest rates, rising energy costs and inflation, but with the German economy hit particularly hard, market participants in the base metals sector are worried that the EU powerhouse might fall into a recession
October 9, 2023
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By the Fastmarkets team, Carrie Bone, Josh Fulton, Laura Roberts
Insights
Open consultation on IOSCO-audited non-ferrous price assessments, indices
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.
October 5, 2023
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By Juliet Walsh, Fleur Ritzema
Insights
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