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Provenance a problem for US tariff on Russian aluminium
The US intends to impose a 200% tariff on imports of Russia-origin aluminium, as well as derivative products containing it
March 6, 2023
·
By Andrea Hotter
Insights
Broadened US tariff on Russia aluminium triggers LME contango jump: sources
A sharp contango developed in London Metal Exchange aluminium prices on Friday February 24 — the only price reaction so far to US tariffs on Russian aluminium that are far wider in scope than before
March 3, 2023
·
By Orla O'Sullivan
Insights
US aluminium scrap, secondary alloy prices mixed on quieter market
Smelter-grade aluminium scrap prices moved in different directions in the week to Thursday February 23, with sources citing bouncing prices and changing export demand
March 1, 2023
·
By Kirstyn Petras
Insights
European aluminium sector sees only minimal boost from improving automotive demand
High stock levels are keeping consumer requirements low despite a recovery in automotive demand, Fastmarkets has observed
March 1, 2023
·
By the Fastmarkets team, Carrie Bone, Imogen Dudman
Insights
Rio Tinto, BMW MoU highlights growing consumer demand for sustainable automotive materials
Growing consumer demand for automotive manufacturers to use sustainable materials is driving the uptake of low-carbon aluminium, with producer Rio Tinto announcing a partnership with BMW Group to supply the metal
February 20, 2023
·
By Carrie Bone
Insights
Norsk Hydro to await ‘comfort and visibility’ in aluminium demand before bringing back idled capacity
European aluminium producer Norsk Hydro will not bring smelter capacity back into the market until demand assurance returns, the company’s chief financial officer Pål Kildemo told Fastmarkets in an exclusive interview
February 20, 2023
·
By Imogen Dudman
Insights
Amendment to aluminium P1020A MJP quarterly premium methodology
Fastmarkets has amended its aluminium P1020A (MJP) quarterly premium assessment methodology.
February 17, 2023
·
Insights
More than 100,000 tonnes of aluminium delivered into Gwyangyang LME warehouses
More than 100,000 tonnes of aluminium were delivered into London Metal Exchange warehouses in Gwyangyang, South Korea, on the morning of Wednesday February 8
February 8, 2023
·
By Carrie Bone
Insights
Correction to Shanghai aluminium arbitrage calculations for January 30-February 3
Fastmarkets’ Shanghai-London arbitrage calculations for aluminium were published incorrectly on January 30-February 3 due to a formula error.
February 6, 2023
·
By Sally Zhang
Insights
Tight supply, robust demand for high-purity aluminium keeps differential high
The current shortage of some higher purity grades of aluminium, such as P0610, and the robust demand for units should maintain the higher differential to prices for P1020-grade aluminium, market sources told Fastmarkets on Monday January 30
February 1, 2023
·
By Carrie Bone, Imogen Dudman
Insights
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