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Brazil’s January corn exports at all-time high
According to official customs data, the country has exported the largest corn volume on record, while its soybean exports lag behind
February 2, 2023
·
By Eduardo Tinti
Insights
Japan pins hope on all-solid-state lithium batteries (ASSLB) as it falls behind in battery race
Japan was where the world’s first lithium-ion battery and hybrid vehicle were made, but the country is aware that its position in the production of both battery materials and battery cells is falling behind its Asian peers, Fastmarkets heard on Tuesday, January 31
February 2, 2023
·
By Julian Luk
Insights
Glencore reports 40% cobalt output increase in 2022
Glencore achieved a 40% year-on-year increase in cobalt output during 2022 to a total of 43,800 tonnes, the company said in its annual production report published on Wednesday February 1
February 2, 2023
·
By the Fastmarkets team, Alexander Cook, Sayaka Kurata
Insights
Iron ore concentrate premiums poised for rebound despite narrowing spread with sinter-pellet feed
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
February 2, 2023
·
By Norman Fong
Insights
GM deal the poster child for the US’ Inflation Reduction Act | Hotter on metals
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
February 1, 2023
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By Andrea Hotter
Insights
Jervois delays ramp-up to capacity at US cobalt mine to Q2
Australia-based cobalt and nickel supplier Jervois Global has delayed the start of commercial production of cobalt concentrate at its mine in the US state of Idaho, it said in a quarterly update on Monday January 30
February 1, 2023
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By Alexander Cook
Insights
US Scrap Trends Outlook: February
Low supply, strong demand to spur scrap prices higher in Feb, market says
February 1, 2023
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By Sean Barry
Insights
Turkish mills already up to 10 US ferrous scrap cargo purchases in 2023
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
February 1, 2023
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By Amy Hinton
Insights
Tight supply, robust demand for high-purity aluminium keeps differential high
The current shortage of some higher purity grades of aluminium, such as P0610, and the robust demand for units should maintain the higher differential to prices for P1020-grade aluminium, market sources told Fastmarkets on Monday January 30
February 1, 2023
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By Carrie Bone, Imogen Dudman
Insights
Open consultation on methodology for Log Lines – final decision
Fastmarkets RISI invited feedback from the industry on the pricing methodology for Log Lines, via an open consultation process between Dec. 15, 2022, and Jan. 23, 2023.
February 1, 2023
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Insights
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