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Metals companies call on EU leaders for emergency action on energy prices
The heads of 40 metals companies and a number of industry associations have called on European Union leaders to take emergency action to temporarily reduce gas prices in order to alleviate costs and help continued production at their sites
September 7, 2022
·
By Andrea Hotter
Insights
Speira to curtail 50% of aluminium smelter production at Rheinwerk plant; cites high energy costs
Global aluminium rolling and recycling company Speira will curtail 50% of the current smelter production at its Rheinwerk plant until further notice citing rising energy prices, the company announced on Wednesday, September 7
September 7, 2022
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By Imogen Dudman
Insights
Aluminium premiums still under pressure in Japan, Europe, Brazil, but US market quiet
Aluminium premiums continued their global downtrend in the week to Tuesday September 6 with the exception of the US Midwest premium, which was unchanged after the Labor Day holiday in the United States.
September 7, 2022
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By Carrie Bone, Renato Rostás, Orla O'Sullivan, Imogen Dudman, Chay Chye Leng
Insights
Brazilian alumina exports rise 62% in August
Brazilian alumina exports grew by 62.24% year on year in August on higher shipments, in particular from northeastern Maranhão state, where the Alumar refinery is located, according to data published by the economy ministry on Monday September 5.
September 5, 2022
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By Renato Rostás
Insights
Why are aluminium, zinc premiums reacting differently to Europe’s energy crisis?
The energy crisis across Europe is leading to capacity being taken offline as producer margins become squeezed, but aluminium and zinc premiums are having opposite reactions
September 2, 2022
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By Callum Perry
Insights
Key talking points ahead of Fastmarkets’ International Aluminium Conference
Seven key talking points across the aluminium supply chain ahead of Fastmarkets’ annual Aluminium Conference, taking place in Barcelona, Spain, on September 13-15
August 30, 2022
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By Carrie Bone, Imogen Dudman
Insights
Aluminium billet premiums remain under pressure globally
Aluminium billet premiums trended downward globally on Friday, August 26, with participants in all the major markets reporting a decrease
August 26, 2022
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By Carrie Bone, Renato Rostás, Orla O'Sullivan, Jinfan Yang
Insights
Concerns build among traders about LME warehouse stocks
Physical metal and London Metal Exchange warrant traders have voiced increasing concerns to Fastmarkets over the current low stock levels in LME-listed warehouses globally
August 22, 2022
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By Callum Perry
Insights
European aluminium smelter cuts, strikes threat increase market uncertainty
European aluminium participants are split regarding the potential premium impact of recent smelter closures and strike action across the continent, with uncertainty over future demand continuing to weigh on the market
August 18, 2022
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By Imogen Dudman
Insights
Hydro’s Slovalco to stop primary aluminium production due to ‘high electricity prices’
Hydro’s Slovalco aluminium facility in Slovakia will stop all primary aluminium production by the end of September 2022, Hydro said on Wednesday, August 17
August 17, 2022
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Insights
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