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Low-carbon aluminium demand expected to grow exponentially by 2030, McKinsey says
Demand for low-carbon aluminium, steel and copper is expected to grow by 2030, consultancy firm McKinsey said in a report published on Friday, October 28
November 3, 2022
·
By Justin Yang
Insights
US Midwest aluminium premium turns upward after falling since May
The US Midwest aluminium premium for P1020A material rose for the first time in 36 assessments on Tuesday November 1, with most US market participants expecting there to be further upside
November 2, 2022
·
By Orla O'Sullivan
Insights
Possible change in China’s zero-Covid policy drives base metals prices up; nickel up 8.2%
Three-month prices for base metals on the London Metal Exchange all rose at the 5pm close of trading on Tuesday November 1, with nickel’s price increasing by 8.2%
November 1, 2022
·
By Albert MacKenzie
Insights
European steel and aluminium sectors call for cautious implementation of carbon import levy
Trade body European Aluminium and the European steel association, Eurofer, have teamed up with other sectors facing a proposed carbon levy on imports, to call for a gradual implementation of the new regulations supporting the EU's transition to climate neutrality by 2030
November 1, 2022
·
By Holly Chant
Insights
LME base metal futures mostly down, zinc reaches 18 month low
Base metal futures on the London Metal Exchange bar aluminium were down on Monday, October 31, the first full day of trading following LME Week
October 31, 2022
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By Callum Perry, Josh Fulton
Insights
Decline of Russian steel in US negates need for sanctions
Imports of Russian steel into the United States have dropped precipitously this year, negating the need for a formal ban similar to the one reportedly being considered for aluminium
October 31, 2022
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By Grace Asenov
Insights
After a sharp slide, US Midwest aluminium premium may have hit a bottom
The benchmark US Midwest aluminium premium was steady on Friday, October 28 for the first time since the beginning of September, prompting some sources to say the premium has reached a bottom
October 28, 2022
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By Orla O'Sullivan
Insights
CME Group posts record daily volumes for aluminium futures contract in October
The CME Group has tripled the volumes traded on its physically delivered global aluminium futures contract since the first quarter of 2022 - reaching a single-day high of 7,929 contracts on October 5, with a daily average of about 3,000 contracts so far this month and open interest at a record 1,411 contracts on October 19
October 27, 2022
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By Carrie Bone
Insights
Sustainability focus continues as LME announces additions to LMEpassport – LME Week
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
October 24, 2022
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Insights
Energy crisis creates challenging environment for producers of key energy transition materials: LME Week
High global energy costs coinciding with potential macroeconomic headwinds are threatening the production of metals that are pivotal in helping countries meet decarbonization goals
October 24, 2022
·
By Justin Yang
Insights
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