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Aluminium, nickel avoid direct sanctions | Hotter Commodities
Aluminium and nickel appear to have once again escaped inclusion in the latest list of sanctions imposed by western governments on Russia, ending days of speculation that increased both the prices and the traded volumes of the metals.
February 26, 2024
·
By Andrea Hotter
Insights
Glencore’s 2023 metals profits down on lower cobalt, nickel and zinc prices
Swiss trader Glencore’s profits halved in 2023 due to weaker energy and metals prices and production, according to the company’s full-year results released on Wednesday February 21
February 26, 2024
·
By James McKeigue
Insights
Australia plans tax relief to shield miners from nickel price slump
Western Australia plans to offer tax breaks to nickel producers in a bid to help the ailing industry amid crashing prices, the state government announced on Saturday February 17
February 26, 2024
·
By Yiwen Ju
Insights
Energy storage players might consider the benefits of financial derivatives
Volatile BRM prices can generate uneven profits and highlight the need for risk management
February 26, 2024
·
By David Becker, Phoebe O'Hara, the Fastmarkets team
Insights
Niron Magnetics gets $25 million to develop rare earth-free magnet
Niron said it is developing iron nitride magnets, which do not contain any rare earth elements. It was founded in 2014 and originated from the University of Minnesota. Niron plans to use the funds to expand its US production facilities in Minneapolis and aims to start producing 1,000 kg per year of iron nitride magnets […]
February 23, 2024
·
By Sofia Okun, Caroline Messecar
Insights
Decision to adjust 400-series stainless steel scrap consumer buying prices [correction, update]
Fastmarkets adjusted its assessments for the stainless steel scrap 430 bundles, solids, consumer buying price, delivered mill Pittsburgh and the stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh effective Monday February 12.
February 22, 2024
·
By Amy Hinton
Insights
Four key critical minerals in China likely to be under the spotlight at AFA 2024
Manganese, chrome, tungsten and vanadium will be key topics of discussion at Fastmarkets' upcoming Asia Ferroalloys Conference 2024 in Hong Kong on February 26-28, after appearing on China's latest list of critical minerals
February 22, 2024
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By the Fastmarkets team, Jessica Long, Tina Tong
Insights
Open consultation on methodology for Fastmarkets’ iron ore indices
Fastmarkets is inviting feedback from the industry on the pricing methodology for its iron ore indices, as part of its announced annual methodology review process.
February 22, 2024
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By Alice Li
Insights
Shining a light on lepidolite producers | Hotter Commodities
Lepidolite producers in China have been a major wildcard in the lithium industry of late, with production surging despite its higher cost, energy-intensive nature.
February 21, 2024
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By Andrea Hotter
Insights
EU weekly soybean imports amounted to 4,259 tonnes
Total EU soybean import for the year to date reaches 7.2 million tonnes, with Spain, Netherlands, Germany, Italy and Portugal being the main importers
February 21, 2024
·
By Eoin Hughes
Insights
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