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Lower European aluminium premiums risk deterring imports, freight rates fall
Lower aluminium premiums in Europe risk deterring imports amid falling freight rates, with some market participants now looking at the availability of material for 2023 in light of the various smelter cuts on the continent
November 25, 2022
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By the Fastmarkets team, Carrie Bone
Insights
Anglo, Aurubis sign deal to develop green copper traceability
Anglo American and Germany-based Aurubis have signed a memorandum of understanding (MoU) to jointly develop a solution that will ensure copper, a key commodity in energy transition, is traceable and sustainably produced, the London-based miner announced on Thursday, November 24
November 24, 2022
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By Renato Rostás
Insights
Downward trend in European aluminium premiums slows; inquiries pick up
Primary aluminium premiums in Rotterdam stabilized on Friday, November 18 after months of steep declines
November 21, 2022
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Insights
China issues plan for non-ferrous metals industry to comply with peak carbon emissions goals
China laid out a plan on Thursday, November 10 to decarbonize the non-ferrous metals industry, reiterating the energy-intensive sector's need to not exceed peak carbon emissions by 2030 in response to the country’s climate goals
November 18, 2022
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By Yiwen Ju
Insights
Alcoa lobbying US, LME to sanction Russian aluminium
Alcoa has been lobbying the US government to sanction Russian aluminium, the major global and leading US aluminium producer said at a conference in New York on Wednesday November 16
November 18, 2022
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By Orla O'Sullivan
Insights
LME nickel price soars, narrowly avoids ‘disruption event’ as base metals futures mostly rise
Base metals futures on the London Metal Exchange gave an overall positive performance during the morning trading session on Monday November 14, with the metals mostly continuing their upward trajectory from the previous week
November 14, 2022
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By Callum Perry
Insights
LME decides not to ban Russian metal, keeps ‘status quo’
The London Metal Exchange has decided not to ban or otherwise change how it deals with Russian metal, the exchange said on Friday November 11
November 14, 2022
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By Orla O'Sullivan
Insights
US revokes Russia’s market economy status; import duties likely to rise
The United States Department of Commerce revoked Russia’s market economy status on Thursday, November 10, which is likely to lead to higher duties on aluminium imported from Russia and could potentially boost US aluminium premiums, sources told Fastmarkets
November 11, 2022
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By Orla O'Sullivan
Insights
US aluminium premiums continue to move higher amid wider global downtrend
Aluminium premiums in Europe and Japan continued to move lower in the week to Tuesday November 8, under pressure from weak consumer demand, while premiums in the United States bucked the downtrend for a second week despite uncertainty over the midterm elections there
November 10, 2022
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By Carrie Bone, Orla O'Sullivan, Imogen Dudman, Jinfan Yang
Insights
Inclusion of indirect emissions in CBAM could jeopardize EU decarbonization ambitions: European Aluminium
Industry association European Aluminium has warned of the negative impact of including indirect emissions in the European Union’s Carbon Border Adjustment Mechanism (CBAM)
November 9, 2022
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By Josh Fulton
Insights
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