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    • India’s huge EV battery gigafactory plans could spur black mass imports and cut exports, said Lohum founder
      India’s burgeoning electric vehicle (EV) battery-making industry could mean the country becomes a significant importer and a reduced exporter of black mass in the coming years, Rajat Verma, founder and chief executive officer of Indian battery recycler Lohum, told Fastmarkets in an interview
      February 12, 2024
       · 
      By Lee Allen
      Insights
    • Conab slashes Brazil soybean output to 149.4M tonnes and corn to 113.6M tonnes
      Brazil's food agency, Conab, has reduced its soybean and corn output forecasts due to adverse weather conditions impacting crop development,
      February 9, 2024
       · 
      By Marcela Caetano
      Insights
    • Copper smelters feel pain as treatment and refining charges plummet | Hotter Commodities
      The copper concentrate market was already tight, but the addition of major new smelting capacity this year – starting with the expansion of Freeport’s Gresik smelter in Indonesia — will likely mean maintenance breaks, capacity curtailments and potentially even closures while operating costs start to become untenable, Fastmarkets understands.
      February 8, 2024
       · 
      By Andrea Hotter
      Insights
    • Congress, collusion and can sheet | Hotter Commodities
      Major aluminium producers Alcoa, Rio Tinto and Century Aluminum have been accused of pocketing vast sums of money from the sale of aluminium products to the beverage industry in the US at inflated prices – and of potentially colluding to do so
      February 8, 2024
       · 
      By Andrea Hotter
      Insights
    • Pricing Notice
      Amendment to aluminium P1020A all-in price, delivered US Midwest
      Fastmarkets has amended the formula for its MB-AL-0231 — aluminum P1020A all-in price, delivered Midwest US, US cents/lb to include the London Metal Exchange official cash AM bid aluminium price effective immediately.
      February 8, 2024
       · 
      By Grace Asenov
      Insights
    • US Congressman accuses Alcoa, Century, Rio Tinto of anti-competitive behavior in aluminium market | Hotter Commodities
      A US Congressman has alleged that aluminium producers including Alcoa, Century Aluminum and Rio Tinto have engaged in anti-competitive price collusion by not offering duty-free aluminium to buyers in the country’s beverage industry
      February 8, 2024
       · 
      By Andrea Hotter
      Insights
    • Box, Indoors, Interior Design
      US packaging paper demand dropped by 2% while unbleached capacity rose by 9% in 2023
      The pace of demand for paper packaging in the US slowed in 2023 due to end-user destocking and prices for unbleached paper dropped by $40-50 compared to 2022
      February 8, 2024
       · 
      By Gregory Rudder
      Insights
    • Global aluminium premiums mixed amid low activity
      Global primary aluminium premiums were mixed during the week to Tuesday February 7, mostly affected by weak spot demand and low activity in parts of Asia and in Brazil, while some markets remained supported amid growing tightness
      February 8, 2024
       · 
      By the Fastmarkets team, Imogen Dudman, Yasemin Esmen, Chay Chye Leng, Leticia Simionato
      Insights
    • Mexican ferrous scrap market falls further; attention turns to US domestic settlement
      Ferrous scrap prices in main Mexican markets dropped sharply in the week to Tuesday February 6 – their third consecutive weekly decrease – amid weak sentiment, Fastmarkets understands
      February 7, 2024
       · 
      By Felipe Peroni
      Insights
    • China issues first batch of rare earths quotas for 2024
      China has released the first round of rare earth mining and smelting and separation quotas for 2024 in a joint announcement by the country's Ministry of Industry and Information Technology and the Ministry of Natural Resources on Tuesday February 6
      February 7, 2024
       · 
      By the Fastmarkets team
      Insights
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