Market sentiment remain mixed on whether the investigation will impact aluminium prices and production

Chinese authorities are in the process of considering relaxing restrictions on the import of some specifications of black mass to the country, sources said

Chinese domestic authorities are in discussions to implement tighter targets on crude steel production across the country, in a bid to reduce energy consumption and carbon emissions, Fastmarkets understands

Aluminium premiums in all key regions remained well-supported in the week to Tuesday June 18, amid ongoing reports of tight availability, while market participants in Europe and Asia are focusing on ongoing negotiations for Japanese third-quarter supplies

News that Chinese investors are pumping billions of dollars of investment into the production of sustainable aviation fuel (SAF) could re-write the dynamics around exports of used cooking oil (UCO), trade sources told Fastmarkets on Friday May 17

The Kingdom of Saudi Arabia’s (KSA) ambitious plan to diversify away from oil and into metals will increase local nickel consumption and fund international mining projects, given recent massive investments in nickel-intense industries

Fastmarkets proposes to amend the name of the MB-AL-0231 Aluminium P1020A all-in price, delivered Midwest US, US cents/lb to clarify that the price is based on the London Metal Exchange cash aluminium price.

Market sentiment for black mass sales to Asia was hit by weakening battery metal prices in the week to Friday June 14, but solid demand from the expanding South Korean market was lending support to the payables, sources told Fastmarkets.

Aluminium and lithium market participants told Fastmarkets the European Commission’s provisional additional duties on Chinese electric vehicles (EVs) are supportive for production but they were not convinced they would be enough to reverse the fortunes of the weakening domestic European auto market

The European Union announced on Wednesday June 12 that it will impose additional tariffs of up to 38.1% on electric vehicles (EVs) imported from China from July 4.