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Ferro-chrome markets prepare for another year of uncertainty in 2024
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 […]
December 20, 2023
·
By Claire Patel-Campbell
Insights
China EV sales exceed one million units and BRM prices remain under pressure
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
December 20, 2023
·
By Sybil Pan, Carrie Shi, Zihao Li, the Fastmarkets team
Insights
Decision to discontinue two inferred chromite price assessments
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.
December 20, 2023
·
By Claire Patel-Campbell
Insights
Turning volatility into victory: A toolbox for battery makers
As the electric vehicle (EV) revolution accelerates, battery makers find themselves at the forefront of a burgeoning industry but an industry not without its challenges
December 20, 2023
·
By the Fastmarkets team
Insights
The automotive supply chain: A guide to strategically sourcing raw materials
As the demand for battery materials continues to grow, those in procurement are facing a huge challenge: making sure they can get a steady and reliable supply of battery materials
December 20, 2023
·
By the Fastmarkets team
Insights
Navigating battery supply challenges and price momentum for the automotive sector
In the ever-expanding world of electric vehicles (EVs), industry players face three key challenges; securing a reliable supply of battery materials, determining the most cost-effective battery chemistry and navigating the impact of current price momentum on profit margins.
December 20, 2023
·
By the Fastmarkets team
Insights
US aluminium industry welcomes clarification on Section 45X
A recent clarification of the Section 45X tax credit under the Inflation Reduction Act (IRA) that includes aluminium in the critical minerals list will help boost domestic production, according to aluminium producers in the United States
December 20, 2023
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By Yasemin Esmen
Insights
Fastmarkets to launch new Mexican scrap price forecasts amid rising competition in the region | 2024 preview
Demand for ferrous scrap rises in North America is surging and competition in the region for scrap and iron metallics is hotting up
December 19, 2023
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By Alexander Kershaw
Insights
Correction to nickel mixed hydroxide precipitate, outright price, fob Indonesia on December 18
Please note Fastmarkets has corrected its MB-NIO-0005 nickel mixed hydroxide precipitate, outright price, fob Indonesia, which was published incorrectly on Monday December 18.
December 19, 2023
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By Yiwen Ju
Insights
A make-or-break year for non-Chinese gallium market | 2024 preview
With China’s stringent implementation of its gallium export controls persisting through to the end of 2023 at least, 2024 looks set to become a make-or-break year for gallium market participants outside China
December 18, 2023
·
By Solomon Cefai
Insights
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