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CMOC cobalt production soars by 178% in H1 2024, straining an already oversupplied market
Chinese mining giant CMOC reported a 178% year-on-year increase in cobalt metal production for the first six months of 2024, according to an announcement by the company on Friday July 12
July 18, 2024
·
By Alexander Cook, Angeline Shi
Insights
US industry unsure of Brazil slab exemption for ‘melt and pour’ requirement for Mexican steel imports
Steel industry participants in the United States are unclear whether Brazilian slab imports will be exempt from the 25% tariffs under Section 232 that will be levied on Mexican imports for steel that is not melted and poured in Mexico, the US or Canada, sources told Fastmarkets on Wednesday July 17
July 18, 2024
·
By Rijuta Dey
Insights
Amendment to the name of US all-in aluminium price
Fastmarkets has amended the name of MB-AL-0231 Aluminium P1020A all-in price, delivered Midwest US, US cents/lb as of Wednesday July 17.
July 17, 2024
·
By Yasemin Esmen
Insights
Private chargers dominate UK’s EV landscape
Analysis by UK-based industry group ChargeUK shows that there are now more than 930,000 public, home and workplace charging points for electric vehicles (EVs) across the nation, supporting 1.1 million such vehicles
July 17, 2024
·
By Misha Simonovska
Insights
Drop in European manufacturing tightens aluminium scrap availability
Aluminum scrap generation in Europe is expected to decrease in the current quarter due to lower demand from downstream metal producers amid the domestic seasonal summer slowdown, according to the latest market overview from the Bureau of International Recycling (BIR)
July 17, 2024
·
By Declan Conway
Insights
Delayed publication of Turkish domestic prices
The publication of Fastmarkets’ price assessments for MB-STE-0093 Turkey domestic auto bundle scrap and MB-STE-0094 Turkey domestic melting scrap from shipbreaking for June 17 were delayed due to a reporter error.
July 16, 2024
·
By Cem Turken
Insights
Delayed publication of steel scrap shredded, index, import, cfr Port Qasim, Pakistan
The publication of Fastmarkets’ MB-STE-0887 steel scrap shredded, index, import, cfr Port Qasim, Pakistan was delayed on Tuesday July 16 due to a technical error.
July 16, 2024
·
By Aameer Sayed
Insights
Brazil’s soybean exports continue at strong pace in July
Brazilian soybean exports maintained a robust pace in July, surpassing last year's figures, while corn shipments faced challenges in keeping up with demand.
July 16, 2024
·
By Marcela Caetano
Insights
Correction to manganese ore high grade index, cif Tianjin on July 12
Fastmarkets has corrected its MB-MNO-0001 manganese ore high grade index, cif Tianjin, $ per dmtu, which was published incorrectly on Friday July 12.
July 16, 2024
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By Tina Tong
Insights
China’s June NCM battery output down for third consecutive month
China’s nickel-cobalt-manganese (NCM) battery output in June registered fell to 20.5 gigawatts hours (GWh), down by 1.5 GWh, or 6.8%, from the 22 GWh in May, and down by 3.7 GWh, or 15.3%, from the 24.2 GWh in March, according to the data from China Automotive Battery Innovation Alliance (CABIA)
July 16, 2024
·
By Venus Wang
Insights
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