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Rare earth prices stabilize as sellers resist further decreases
China’s magnet rare earth prices were flat in the week to Thursday June 20, with sellers resisting a further price decline amid persisting weak demand, Fastmarkets heard
June 26, 2024
·
By the Fastmarkets team, Solomon Cefai
Insights
New ARZYZ FRP project opportunity for Mexico to depend less on imports
Mexican secondary aluminium alloy smelter and distributor of primary metals ARZYZ Metals expects that the company’s new project to produce domestic flat-rolled products (FRP) will reduce Mexico's dependence on imports, a press officer told Fastmarkets on Monday June 24
June 26, 2024
·
By Leticia Simionato
Insights
Aluminium use in China’s NEVs to surge by 2030, but challenges exist
The aluminium market in China was expected to come under massive demand from the new energy vehicle (NEV) sector in the years ahead, but the aluminium industry still faced various challenges in the application of the metal in NEVs, Fastmarkets has learned.
June 25, 2024
·
By Ruby Liu
Insights
Interview with Jeremy Weir, CEO of Trafigura | Fast Forward podcast episode 3 transcript
Read the full transcript from episode three of Fast Forward podcast with Andrea Hotter on geopolitics and the energy transition with Trafigura's Jeremy Weir.
June 25, 2024
·
Insights
BMW opens first US press shop at South Carolina plant where it will manufacture EVs
The German auto-manufacturer BMW opened its first press shop in North America at its plant in Spartanburg, South Carolina, where it will produce the exterior for its X3 model, the company announced on Friday June 21
June 25, 2024
·
By Yasemin Esmen
Insights
China’s refined copper exports surge to 8-year peak and high exports continue
China’s exports of refined copper rose to an eight-year high in May, with exports expected to stay elevated through June, sources told Fastmarkets in the week to Friday June 21
June 25, 2024
·
By Sally Zhang
Insights
Proposal to launch US black mass payable indicators
Fastmarkets proposes to launch weekly price assessments for black mass payable indicators, ex-works US, to provide insight to the United States’ burgeoning battery recycling sector.
June 24, 2024
·
By Kirstyn Petras, Lee Allen
Insights
Chinese lithium price weakness persists with CIF CJK stable
Spot lithium prices in China’s domestic market declined over the week to Thursday June 20, due to ongoing weak spot demand from the sluggish downstream battery sector and bearish sentiment, sources told Fastmarkets
June 24, 2024
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By Zihao Li, Grace Asenov
Insights
Drop in Jan-May crude steel output in China drags down ferro-alloys markets
The decline in crude steel output in the first five months of 2024 dragged down Chinese ferro-alloys markets, including ferro-silicon and silico-manganese, sources told Fastmarkets on June 21
June 24, 2024
·
By Tina Tong, Jessica Long
Insights
How Saudi Arabia’s plans to increase base metals production, consumption will affect markets
Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets
June 21, 2024
·
By Albert MacKenzie, Imogen Dudman, James McKeigue, Natasha Porter, Laura Roberts
Insights
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