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Could headwinds hinder softwood lumber markets’ return to normalcy? | 2024 preview
Softwood lumber traders worldwide begin 2024 with a glimmer of hope that a post-pandemic new normal might finally emerge after several years of upheaval. Plateauing interest rates and encouraging signs in the U.S. housing market in late 2023 provided a reason for guarded optimism in North America. U.S. and Canadian exports to China increased last […]
January 18, 2024
·
By Peter Malliris
Insights
Oversupply continues to put pressure on NPI, MHP markets in 2024 | 2024 preview
The rise in capacity-building in the past years in both China and Indonesia quickly turned nickel market once in short-supply into an oversupplied one, not only in China, but also globally
January 18, 2024
·
By the Fastmarkets team, Yiwen Ju, Dylan Duan
Insights
Proposal to amend frequency of European steel beams, hollow sections prices
Fastmarkets proposes to amend the publishing frequency of its northern and southern steel beams and hollow sections prices from weekly to monthly, to better reflect current levels of market liquidity.
January 17, 2024
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By Holly Chant, Janie Davies
Insights
Black mass payables fall in Europe due to “very soft” market
Payables for black mass (shredded and sorted lithium-ion batteries) in the European domestic market continued to drop in the week to January 15 amid weak demand and abundant supply
January 17, 2024
·
By Lee Allen, Tianran Zhao
Insights
Stardust Power to build lithium refinery in Oklahoma, US: CEO | Hotter Commodities
Stardust Power Inc is to build a battery-grade lithium refinery in Oklahoma in the United States, with major construction starting later in 2024, the US-based company’s founder and chief executive officer told Fastmarkets
January 16, 2024
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By Andrea Hotter
Insights
A new heavy rare earth is discovered in China’s Bayan Obo region
A new heavy rare earth mineral was discovered in China's Bayan Obo district, in Baotou city of Inner Mongolia, according to the daily news released by the country's Baogang group
January 16, 2024
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By the Fastmarkets team
Insights
Mercedes-Benz steps up plans for lithium battery recycling with hydromet plant purchase
Major carmaker Mercedes-Benz has deepened its plans to expand operations in Europe’s lithium-ion battery recycling space with the order of a new hydrometallurgical plant to recover battery metals from black mass
January 15, 2024
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By Lee Allen
Insights
Wasde: Black Sea revisions add 2 million tonnes to global wheat balances
The latest Wasde report by the USDA tightened its view of US wheat balances but compensated for the trim with a significant upswing in global supply and stock figures
January 15, 2024
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By Timothy Worledge
Insights
Oversupply sets tone for China’s nickel market | 2024 preview
Oversupply caused by growing refining capacity in China overturned the fundamentals of the Chinese Class-1 nickel market in 2023 and the effects are expected to be extended and amplified in 2024, sources told Fastmarkets
January 15, 2024
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By Dylan Duan
Insights
Launch of Indonesian ferro-chrome import price: pricing notice
Fastmarkets launches MB-FEC-0023 Ferro-chrome 50% Cr import, cif Indonesia, $/lb on Thursday January 11 2024.
January 13, 2024
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By Tina Tong
Insights
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