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Zinc demand expected to grow this decade despite soft demand, supply challenges, IZA director says: LME Week
Demand for zinc was expected to grow by 2030, despite the challenges facing both the supply and demand sides, Andrew Green, executive director of the International Zinc Association, said in an exclusive interview with Fastmarkets during LME Week in London
October 9, 2024
·
By Natasha Porter
Insights
Rio Tinto to acquire Arcadium Lithium in a ‘significant’ moment for lithium market
The agreement, valued at about $6.7 billion, has been unanimously approved by both companies’ boards of directors and is expected to close in mid-2025 subject to an Arcadium shareholder vote, according to joint announcement published on Wednesday. “This feels like a significant moment for lithium and shows how far the market has come in recent […]
October 9, 2024
·
By Callum Perry
Insights
Correction to Turkey import steel scrap, deal-weighted rolling average on October 7
Fastmarkets has corrected MB-STE-0894 steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonne, which was published incorrectly on Monday October 7.
October 8, 2024
·
By Ross Yeo
Insights
Open consultation on IOSCO-audited non-ferrous price assessments, indices
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.
October 8, 2024
·
By James McKeigue
Insights
US scrap trends outlook: October 2024
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey
October 8, 2024
·
By the Fastmarkets team
Insights
Fastmarkets launches green prices for Asia long steel, China HRC as industry eyes sustainable future
There are more signs emerging of the green steel evolution in Asia, even as steelmakers seek to differentiate themselves with green certifications to edge ahead of competitors, market sources have told Fastmarkets.
October 8, 2024
·
By Paul Lim
Insights
What Vale’s latest Q4 pellet premiums tell us about the steelmaking sector in 2024
Brazilian miner Vale's fourth-quarter premiums for direct-reduced (DR) and blast furnace (BF) iron ore pellets have been adjusted to their lowest levels since the start of the year - but what does this key supplier's move reveal about the state of steelmaking in 2024?
October 8, 2024
·
By Norman Fong
Insights
Lithium carbonate, spodumene prices edge higher on Chinese stimulus measures
Prices for lithium carbonate and spodumene rose at the beginning of October, supported by renewed strength on the Guangzhou Futures Exchange (GFEX) following news of stimulus measures to support China’s economy
October 8, 2024
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By Callum Perry, Yasemin Esmen, Ewan Thomson, the Fastmarkets team
Insights
Higher dock costs will boost steel prices and reduce imports, said market sources
Higher costs resulting from a tentative deal to end the strike at East Coast and Gulf Coast ports could reduce imports, increase reshoring and drive up the cost of steel products in the US, according to market observers and participants
October 7, 2024
·
By Robert England
Insights
Softwood lumber market thrown into turmoil following strikes and Hurricane Helene
Read an excerpt of our weekly Lumber Market Report, examining the impacts of Hurricane Helene.
October 7, 2024
·
By Joe Pruski, the Fastmarkets team
Insights
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