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Correction to shredded auto scrap weekly composite
Fastmarkets has corrected its MB-STE-0523 Steel scrap shredded auto scrap, consumer buying price, delivered mill, $/gross ton, weekly composite, which was published incorrectly since June 14.
July 26, 2024
·
By Fastmarkets Staff
Insights
Lithium prices in China, CJK extend weakness amid ongoing weak fundamentals
China’s lithium prices continued to trend downward amid weak demand and futures weakness over the week to Thursday July 25
July 26, 2024
·
By Zihao Li
Insights
Global spot copper markets mixed; China ticks up, US tight, Europe quiet
Asian spot copper premiums rose in the week ended Tuesday July 23, with premiums imported into China increasing on improved arbitrage terms. In the US market, supply failed to keep up with strong demand while in Europe participants were mostly off for the summer holidays
July 25, 2024
·
By Albert MacKenzie, Sally Zhang, Rae Boyadjis
Insights
Freeport-McMoRan’s Kathleen Quirk says copper scarcity means companies are buying rather than building new supply
In the fourth episode of Fastmarkets critical minerals podcast Fast Forward, Freeport-McMoRan CEO and president Kathleen Quirk tells host Andrea Hotter why there's a preference to buy and not build new supplies of copper right now
July 25, 2024
·
Insights
Proposal to amend frequency of China steel scrap import price indices
Fastmarkets proposes to amend the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China, and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China to once a month from the current weekly basis.
July 25, 2024
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By Tianran Zhao
Insights
Demand for aluminium in green transition supporting otherwise challenging downstream markets: Norsk Hydro CEO
Demand for primary aluminium from the green transition remains a “brighter spot” for consumption amid an otherwise challenging downstream demand outlook, Eivind Kallevik, Norsk Hydro’s chief executive officer and president, told Fastmarkets in an exclusive interview on Tuesday July 23
July 24, 2024
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By Imogen Dudman
Insights
China’s lithium carbonate imports remain high in June, adds to oversupply
Persistently high import volumes of lithium carbonate into China have intensified oversupply in the country's domestic market for the material at a time when demand remains weak, sources told Fastmarkets on Tuesday July 23
July 24, 2024
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By Zihao Li
Insights
ACG’s Gediktepe deal first step in creating mid-tier copper producer | Hotter Commodities
Acquisition Company Limited (ACG) has agreed to buy the Gediktepe mine in Turkey — the company’s first deal as it works to build a sizeable mid-tier copper producer, its chairman and chief executive officer told Fastmarkets.
July 24, 2024
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By Andrea Hotter
Insights
Brazil suspends exports of poultry meat, products to over 40 countries, including China
Learn more about the self-imposed embargo that came into place after a confirmed case of Newcastle disease in Brazil.
July 23, 2024
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By Leticia Pakulski, Marcela Caetano, the Fastmarkets team
Insights
Speculative interests in copper driving base metals narratives, says Sucden Financial
Copper market price speculation is driving the base metals narrative, head of research at UK-based services provider Sucden Financial Daria Efanova said during the company’s third-quarter metals webinar on Wednesday July 17.
July 23, 2024
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By Natasha Porter
Insights
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