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

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

Fastmarkets has corrected its MB-AL-0277 aluminum alloy C355.2 ingot, delivered, $/lb, which was published incorrectly on Thursday March 21.

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

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

The publication of Fastmarkets’ US base metals prices were published early during the week of March 11-15 following the daylight saving time change in the US on March 10.

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

Following an initial 30-day consultation period, Fastmarkets has elected to extend the consultation period to amend the frequency of its US Midwest low-carbon aluminium differentials to allow for further feedback from the industry.

Recovery in global aluminium demand depends on interest rates, mainly in the United States and Europe, while the global scenario remains challenging

What is the outlook for key raw materials in the construction industry in 2024, including steel, scrap, aluminium and lumber?