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US ferrous scrap market torn between tight supply, tame demand
The US ferrous scrap market remains in limbo ahead of August’s ferrous trade, with participants divided as to whether summer demand from the domestic and export markets will tip the balance of extremely low scrap flows in US sellers’ favor next month
July 25, 2023
·
By Amy Hinton
Insights
Spotlight on sulfate: Volatility expected in manganese sulfate amid supply and processing capacity bottlenecks
Sometimes regarded as the “forgotten” battery material, attention towards manganese has increased drastically as participants seek to localize supply chains and ramp up battery production to meet growing demand
July 25, 2023
·
By the Fastmarkets team, Callum Perry, Solomon Cefai
Insights
China’s domestic stainless steel market waits for stimulus package
China’s domestic stainless steel prices were flat over the week ending Wednesday July 19 amid weak demand, but some participants expected the central government to release stimulus policies for manufacturers to push up stainless steel demand
July 25, 2023
·
By Jessica Zong
Insights
Will Europe have enough lithium to meet demand?
Fastmarkets experts use the Fastmarkets NewGen lithium long-term forecast to explore Europe's lithium reserves and look into whether there is adequate lithium supply to meet the soaring demand for sustainable energy solutions
July 25, 2023
·
By Jordan Roberts
Insights
Aluminium can inventory surplus will clear by 2025: SDI CEO
Steel Dynamics Inc (SDI) will dedicate nearly half of the output from its 650,000-tonne capacity aluminium rolling mill Columbus, Mississippi, to primarily produce beverage cans, a market currently experiencing a glut of inventory
July 24, 2023
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By Jason Smith
Insights
China’s anode market tilts toward synthetic graphite amid supply shake-up
The anode market has increasingly shifted focus to synthetic graphite from natural material in response to increased capacity and changing feedstock in China, which dominates the global market. And in response Fastmarkets will start to price assess petroleum needle coke and green petroleum coke on an ex-works China basis
July 24, 2023
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By the Fastmarkets team, Jon Stibbs, Sybil Pan
Insights
Open consultation on methodology for cobalt hydroxide index
Fastmarkets invites feedback on a proposal to increase the publication frequency of cobalt hydroxide index 30% Co min, cif China, $/lb, from once per week to daily.
July 21, 2023
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By Alexander Cook
Insights
Five frontline EU countries push to extend ban on Ukrainian grain and oilseeds imports
Bulgaria, Hungary, Poland, Romania and Slovakia try to impose preventative measures to address concerns of local farmers
July 21, 2023
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By Serina Gothard
Insights
Tata Group’s UK gigafactory to produce cobalt and lithium-based batteries
Tata Group announced this week that it is to invest £4 billion ($5.2 billion) in a 40GW battery cell 'gigafactory' in the UK - producing both lithium and cobalt-based batteries for car manufacturers in the UK and across Europe
July 20, 2023
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By Sayaka Kurata
Insights
ArcelorMittal starts production of low carbon heavy steel plate in Spain
Leading European steelmaker ArcelorMittal has expanded its range of low carbon steel products, responding to increasing demand for carbon-reduced steel in Europe, Fastmarkets heard on Wednesday July 19
July 20, 2023
·
By Julia Bolotova
Insights
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