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Lithium demand from EV industry stronger than estimated: Albemarle
“We are probably underestimating the [lithium] demand from EV [electric vehicle] industry,” Kevin Chen, vice president commercial, APAC at major lithium producer Albemarle said on Fastmarkets’ Asian Battery Material Conference 2023
May 4, 2023
·
By Jingtai Lun
Insights
Indonesia to prioritize domestic MHP production
Indonesia will stop providing licenses for new nickel pig iron (NPI) facilities and will assess the position of nickel matte due to concerns over nickel ore availability
May 4, 2023
·
By Callum Perry
Insights
US Scrap Trends Outlook: May
North American ferrous scrap prices are due a further downward correction in May following drops incurred on cut grades and shredded scrap in April; primes trended sideways over the period
May 3, 2023
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By Sean Barry
Insights
Japanese softwood lumber importers are shifting toward monthly purchases
Sales have shifted toward monthly commitments and spot market replenishment
May 3, 2023
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By Peter Malliris
Insights
Stymied flow of raw materials along Mississippi River may shore up May’s ferrous scrap market
The current curtailment of barge shipments along the upper portion of the Mississippi River due to flooding is balancing some of the negative sentiment brought on by a swathe of end-of-month cancelations sent out by US mills to their suppliers
May 3, 2023
·
By Amy Hinton
Insights
EU bans import of four Ukrainian agri products into border EU countries until June 5
Preventative measures imposed to address concerns of local farmers in neighboring EU member states
May 3, 2023
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By Masha Belikova
Insights
NextSource targets 2024 for fully vertically integrated graphite project with mine commissioning
NextSource Materials is increasing output from its newly commissioned Molo graphite mine in Madagascar to meet demand from the refractories sector and as part of its downstream expansion into the anode market
May 3, 2023
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By Jon Stibbs
Insights
Argentina’s soybean output forecasts may be cut further on low yields
Reports by the Buenos Aires Grains Exchange's (Bage) forecast the country's soybean crop to decline
May 2, 2023
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By Marcela Caetano
Insights
Mitsui-Kobe Steel joint venture cements Middle East as vital DRI hub, but further efforts are required
Mitsui and Kobe Steel are seeking to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant within the Special Economic Zone at Duqm, in the Sultanate of Oman
May 2, 2023
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By Norman Fong
Insights
Cobalt market outlook: Five key factors to watch
Fastmarkets experts share cobalt forecasts, data and interactive price charts to demonstrate the volatile battery materials landscape and make some key predictions about the future of the cobalt market
May 2, 2023
·
By the Fastmarkets team
Insights
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