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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
·
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
Future of UK EV battery production hangs in balance following Britishvolt collapse
The recent collapse of hopeful UK electric vehicle battery manufacturer Britishvolt has left the future of both the domestic battery and car industries shrouded with doubt
February 1, 2023
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By Alexandra Chapman
Insights
Delayed publication of manganese ore port indices
The publication of Fastmarkets’ manganese ore port indices, which were due to be published on Monday January 30, was delayed to Tuesday January 31 due to an editor error.
January 31, 2023
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By Jingtai Lun
Insights
Partnerships are secret to rapid realization of Northern Graphite plans, CEO says
Northern Graphite plans to fast-track the growth of its huge battery anode material (BAM) project in North America through partnerships and by keeping costs low, chief executive officer Hugues Jacquemin has told Fastmarkets
January 30, 2023
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By Jon Stibbs
Insights
Conclusion of open consultation on calculation of averages on the Fastmarkets platform
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
January 27, 2023
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By Fleur Ritzema
Insights
Tesla expects rising credits while IRA drives investment
Tesla expects tax credits from the US Inflation Reduction Act (IRA) to be worth $150-250 million per quarter this year to the automaker and increase through the year as its car volumes grow, according to the company’s chief financial officer
January 27, 2023
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By Andrea Hotter
Insights
Nickel briquette premiums decline in US, Europe; cathode premiums mixed
Spot market premiums for nickel products showed mixed fortunes in Europe and the US in the week ended Tuesday January 24, with briquette premiums in both regions moving downward on a shift in sentiment
January 27, 2023
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By the Fastmarkets team, Callum Perry, Ian Templeton
Insights
Five things we learned at Fastmarkets’ Scrap & Steel ’23 conference
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
January 27, 2023
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Insights
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