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Increase in frequency of Fastmarkets’ European aluminium PFA premiums
Fastmarkets is increasing the frequency of its primary foundry alloy (PFA) silicon 7 ingot premiums in Europe from monthly to twice a month.
July 20, 2022
·
Insights
Chinese aluminium giant spells out steps to carbon neutrality by 2055
The world’s top aluminium producer released a plan on Friday July 15 spelling out its climate-care goals, which were announced in late June, in an attempt to heed China’s call and be at the forefront of the global work toward a sustainable future
July 18, 2022
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By Yiwen Ju
Insights
The death of steel in automotive – fact or fiction?
At this year’s Steel Success Strategies conference in Miami, the expert steel automotive panel delved into the risks and opportunities facing steel in automotive production
July 15, 2022
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By Kimberly Leppold
Insights
Hydro announces new investments to meet growing low-carbon aluminium demands from auto sector
Norwegian aluminium company Norsk Hydro announced a fresh wave of investments on Thursday July 7, expanding the company’s use of post-consumer scrap and focusing on meeting low-carbon aluminium demand from the European automotive industry
July 8, 2022
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By Imogen Dudman
Insights
Alumina market grapples with rising costs, Atlantic differential may switch direction
The alumina sector is continuing to grapple with rising costs and weakening market conditions, while the Atlantic differential could switch direction due to refinery production cuts and aluminium smelter closures, sources told Fastmarkets.
July 7, 2022
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By Carrie Bone
Insights
Aluminium mating season: Three reasons why the 2023 negotiations won’t be like any other
For 35 years, aluminium buyers, sellers and traders from all over the world have come together at the International Aluminium Conference to kick off the mating season. In the lobby and networking spaces of this event, careful negotiations take place between consumers looking to secure supply, traders looking for arbitrage windows and producers looking for long-term deals.This year’s mating season won’t be like any other. Here are three big reasons why.
July 6, 2022
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Insights
Alcoa will cut alumina production by up to 15% at San Ciprián on high gas prices
Alcoa will reduce production at its San Ciprián alumina plant in Spain because of high natural gas prices, it said late last week.
July 5, 2022
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By Carrie Bone
Insights
Aluminium traders brace for possibility of more smelter cuts amid rising energy costs
Surging energy prices in Europe have led to fresh concerns about aluminium production across the continent, with market participants mulling the possibility of additional smelter cuts
June 30, 2022
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By Imogen Dudman
Insights
Large-scale electric-car charging risks overloading power grids – battery innovator
As the world-wide push to electrify transport gains momentum, potential pitfalls have become apparent. The large-scale charging of electric vehicles, for example, risks overloading power grids and may not be sustainable, battery innovator Dr. Avishek Kumar told Fastmarkets in an interview
June 27, 2022
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By Paul Lim
Insights
German port strikes add to logistics, congestion woes for base metals trade
Europe’s base metals market has been plagued by logistical issues for the majority of 2022, and the most recent strike by workers at the Port of Hamburg in Germany will add to these woes, participants told Fastmarkets
June 23, 2022
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By Carrie Bone
Insights
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