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Trafigura faces alleged nickel swindle | Hotter on metals
Global commodities trader Trafigura is suing Indian businessman Prateek Gupta and companies connected with him after discovering an allegedly elaborate scheme of nickel fraud
February 16, 2023
·
By Andrea Hotter
Insights
Turkey makes tentative return to US ferrous scrap export market
A Turkish mill in a region geographically unaffected by the earthquakes in the southeast of the country on February 6 made a return to the US ferrous scrap export market on Friday February 10
February 15, 2023
·
By Amy Hinton
Insights
Fifth US flat-rolled steel hike driven by higher spot demand, scrap prices: sources
Flat-rolled steel producers in the United States increased spot prices for the fifth time in less than three months on Monday February 13, led by an uptick in spot demand and higher scrap prices, according to market participants; the latest hikes bring the total increases to $260 per short ton
February 15, 2023
·
By Alesha Alkaff
Insights
Umicore starts industrialization of manganese-rich CAM production
Battery materials firm Umicore has started the industrialization of its high lithium, manganese (HLM) cathode active material (CAM), it said, and was targeting commercial production and use in electric vehicles in 2026
February 15, 2023
·
By Justin Yang
Insights
India finds 5.9 million-tonne lithium deposit
The Geological Survey of India discovered a new lithium deposit containing 5.9 million tonnes of inferred lithium resources in the country’s Salal-Haimana area of the Reasi District of Jammu and Kashmir, the Indian government said on Thursday February 9
February 15, 2023
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By Zihao Li
Insights
GreenRoc wins ERMA support for Amitsoq graphite project
The European Raw Materials Alliance (ERMA) has given its official support to GreenRoc Mining’s Amitsoq graphite project in southern Greenland with the intention of improving the security of graphite supply for the EU, which has categorized it as a critical material
February 15, 2023
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By the Fastmarkets team, Jon Stibbs, Sofia Okun
Insights
Argentina’s 2022-23 production and export revenue to fall
Drought impacts major agriculture production areas
February 15, 2023
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By Jocelyn Garcia
Insights
Delayed publication of Bajio ferrous scrap prices
The publication of Fastmarkets’ Mexican ferrous scrap prices was later than scheduled on Tuesday February 14 due to a reviewer error.
February 14, 2023
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By Grace Asenov
Insights
US ferrous scrap market expected to remain stout on strong mill demand
The US Midwest ferrous scrap market extended its upward momentum, rising in February for the first time since 2010 on strong export, good order books and low scrap inventories
February 14, 2023
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By Lisa Gordon
Insights
Europe’s sack kraft paper market calm moving into Q1 2023 with some brown prices on the decline
Inventory destocking for bleached and unbleached paper results in flat prices and drop in demand
February 13, 2023
·
By Fastmarkets Forest Products
Insights
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