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Optimus Steel’s doubling of Texas mill capacity aimed at expanding rebar, wire rod market share
Optimus Steel’s ongoing expansion and upgrades at its Beaumont, Texas facility since 2021 will – by the time of completion in late 2024 – double its rolling capacity from 800,000 tons per year to 1.6 million tpy
June 15, 2023
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By the Fastmarkets team, Robert England, Rijuta Dey
Insights
China’s auto sector recovers in May, but raw materials market mixed
China’s automotive output and sales posted year-on-year growth in May amid measures to promote consumption during the May Day holiday and due to a low base a year earlier, the China Association of Automobile Manufacturers (CAAM) said
June 15, 2023
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By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
Insights
Delayed publication of aluminium diecasting scrap/ingot UK
The publication of Fastmarkets’ price assessments for aluminium scrap LM6/LM25 and LM24 gravity diecasting ingot, delivered consumer UK and the UK aluminium scrap grades price assessments for Wednesday June 14 were delayed due to a reporter error.
June 14, 2023
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By Declan Conway
Insights
How will aluminium prices trend in June 2023?
Aluminium prices continue to be affected by several factors in June 2023 and were trending lower on the LME earlier this month despite the pick-up in Chinese services in May
June 14, 2023
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By the Fastmarkets team, Yang Cao, Andy Farida
Insights
EV withdrawal from RVO package raises hopes for biodiesel lift
The Environmental Protection Agency (EPA) proposes new figures for biofuel allowance
June 14, 2023
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By the Fastmarkets team
Insights
Long road ahead for ‘green’ manganese metal
Progress is being made toward fostering more environmentally friendly manganese metal production, with market participants increasingly considering the carbon emissions and environmental impact of electrolytic manganese metal (EMM) production
June 14, 2023
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By Solomon Cefai
Insights
Livista’s lithium chemicals refinery to use 50% recycled feedstock by 2030 | Hotter Commodities
A new lithium chemicals refinery in Germany will use recycled feedstock for half of its capacity by 2030, according to its owner, Livista Energy Europe
June 14, 2023
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By Andrea Hotter
Insights
Proposal to launch Saudi Arabia domestic rebar price
Fastmarkets proposes to launch a weekly price assessment for steel reinforcing bar (rebar) domestic, delivered Saudi Arabia.
June 13, 2023
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By Serife Durmus
Insights
US Department of Energy announces new funding for lithium-ion battery recycling
The US Department of Energy announced on Monday June 12 that it was allocating more than $192 million in new funding for recycling batteries from consumer products
June 13, 2023
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By Yasemin Esmen
Insights
Key takeaways from the Fastmarkets BRM global outlook webinar
We look at some key predictions for the battery materials market from our recent global outlook webinar. Register to access the webinar recording for free
June 13, 2023
·
By the Fastmarkets team
Insights
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