The London Metal Exchange has announced new additions to the LMEpassport which will provide increased transparency on brands using scrap material and broaden disclosure to non-LME brands

High global energy costs coinciding with potential macroeconomic headwinds are threatening the production of metals that are pivotal in helping countries meet decarbonization goals

Scrap metal products were being repurposed as part of the green solution to achieve decarbonization, and some major market participants at the beginning of the recycling chain have been exploring ways to get a slice of the so-called ‘green premium,’ Fastmarkets has heard

Soaring energy prices, particularly in Europe, have dominated headlines globally and have had significant impacts on base metal prices, both on the London Metal Exchange and in physical spot premiums

With soaring European energy prices squeezing margins and curtailing production of various commodities, Fastmarkets explores whether the crisis risks the postponement of investment in renewable power and in the transition to green metals.

The negotiation season for long-term contracts is well under way in many of the base metal markets, and participants globally have noted that the price volatility seen so far in 2022 and the soaring energy costs in Europe have weighed on consumer sentiment

Fastmarkets is proposing to change its aluminium premiums methodology to reflect its decision to follow international sanction guidelines on the inclusion of brands.

Aluminium premium offers reported to Fastmarkets in the United States rose in some instances and fell in others in a contradictory, initial reaction to news of a possible US ban on aluminium imports from Russia that broke last week

Primary foundry alloy (PFA) premiums in the US and European aluminium markets moved down in the month to Friday, October 14, amid weak spot purchasing and despite the US considering a ban on Russian aluminium

The European aluminium market is preparing for further volatility with uncertainty building over the future availability of Russian aluminium supply, market participants told Fastmarkets on Thursday, October 13