While navigating the Asian steel markets in 2024, market participants will come up against both supply chain bright spots and demand uncertainty characterized by a sluggish Chinese property sector and green steel pressures

Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. The feedback received included comments both for and against the proposal. Those ones against were mostly general, but no respondent said that the index is actively commercially used by them. Considering the responses, Fastmarkets FOEX has arrived at a […]

China’s lithium prices resumed their downtrend in the week to Thursday December 21 amid continued tepid appetite from consumers, with a softening futures market contributing to further weakness in the spot market, sources told Fastmarkets

One of the last five aluminium smelters in the United States – the privately owned Magnitude 7 Metals LLC smelter in Marston, Missouri – is considering closing if a buyer is not found, Fastmarkets has learned

China’s State Council has set a two-year action plan for cleaner air, and the comprehensive strategy to improve air quality will affect all key economic sectors, market sources told Fastmarkets

China’s Ministry of Commerce has prohibited the export of rare earth magnet production technology and machinery by adding it to its list of Export Prohibited and Restricted Technologies

Rare earth magnets are becoming the lithium and cobalt of electric motors, playing a critical role in delivering power, torque, and efficiency, while production increasingly shifts toward Europe and the US to meet rising EV demand, comply with new sourcing rules, and strengthen supply security.

Fastmarkets’ weekly price assessment for ferro-chrome high carbon 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe remained at $1.69-2.08 per lb Cr on Tuesday, and its weekly price assessment for ferro-chrome high carbon 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe held at $1.00-1.10 per lb Cr. But various challenges have plagued both steel and […]

While the downstream electric vehicle market witnessed spectacular sales and output growth in November, the upstream battery raw materials prices continued to experience bearishness amid slow buying and increasing capacity

Fastmarkets will discontinue its fortnightly, inferred price assessments for MB-CHR-0004 chromite, foundry, 45.8% Cr2O3 min, wet bulk, fob South Africa, $/tonne (inferred) and MB-CHR-0006 chromite, refractory grade, 46% Cr2O3 min, wet bulk, fob South Africa, $/tonne (inferred) on Wednesday December 27, 2023.