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Nickel premiums flat in Europe, China, amid quiet market conditions
Nickel premiums stayed flat around the world amid quiet trading in the week to Tuesday April 9.
April 10, 2024
·
By Dylan Duan, James McKeigue
Insights
E-Vac’s South Carolina rare earth magnet factory to get $112 mln IRA-funded tax credit
E-Vac Magnetics has been awarded $111.9 million in US tax credits to advance the construction of its first US rare earth magnet manufacturing facility in Sumter, South Carolina, it announced on Tuesday April 9
April 10, 2024
·
By Solomon Cefai
Insights
Base metal stocks in Shanghai bonded warehouses mixed in March; aluminium up 150%
Stocks of base metals in Shanghai bonded warehouses showed mixed fortunes in March, Fastmarkets has learned
April 10, 2024
·
By Sally Zhang, Ruby Liu, Dylan Duan, Shiyue Zhao
Insights
Natural graphite under pressure from synthetics, amid oversupply, slow trade flows
Oversupply and increased competition from lower-priced synthetic graphite are likely to continue to put downward pressure on natural flake graphite prices over the next few years, sources in Shanghai told Fastmarkets.
April 10, 2024
·
By Sybil Pan
Insights
Zinc benchmark TCs settled at $165/t; down nearly 40% y-o-y on continued tight supply
Teck Resources and Korea Zinc have agreed annual zinc treatment charges (TCs) at $165 per tonne for 2024, the lowest level since 2021, Fastmarkets has learned from multiple sources.
April 9, 2024
·
By Albert MacKenzie, Shiyue Zhao
Insights
TSMC Arizona to receive $6.6 billion funding under CHIPS for three semiconductor fabs
The United States Department of Commerce and TSMC Arizona, a subsidiary of the Taiwan Semiconductor Manufacturing Company Limited (TSMC), have signed a non-binding preliminary memorandum of terms (PMT) for direct funding under the CHIPS and Science Act, Commerce announced on Monday April 8
April 9, 2024
·
By Yasemin Esmen
Insights
Disruptive technologies, approaches needed to carry decarbonization forward for aluminium industry
Recent developments in the aluminium industry have provided incremental steps toward the industry’s decarbonization, but green energy sources, inert anodes and end-of-life scrap recycling can offer disruptive advances to achieve this goal, according to Peter von Czarnowski, director of casting technology expansion at Golden Aluminum.
April 9, 2024
·
By Yasemin Esmen
Insights
Brazilian crushers buy back soybean oil export positions to sell domestically
The recent shift is supported by the country's increased biodiesel blending mandate and there are moves to raise it further in the coming years
April 9, 2024
·
By Eduardo Tinti, Leticia Pakulski
Insights
Little demand for low-carbon aluminium; global differentials broadly steady
The low-carbon differential for aluminium P1020 in Europe was unchanged in the month to Friday April 5, with market participants reporting decreased interest in low-carbon units.
April 8, 2024
·
By Yasemin Esmen, Chay Chye Leng, Laura Roberts
Insights
Cobalt metal price stable on weak intermediate prices, low activity in Europe
Cobalt standard grade prices were stable in the week ended Friday April 5, due to poor demand for cobalt intermediates following price increases in early February amid tight supply in Europe.
April 8, 2024
·
By Sahil Shaw
Insights
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