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Large-scale electric-car charging risks overloading power grids – battery innovator
As the world-wide push to electrify transport gains momentum, potential pitfalls have become apparent. The large-scale charging of electric vehicles, for example, risks overloading power grids and may not be sustainable, battery innovator Dr. Avishek Kumar told Fastmarkets in an interview
June 27, 2022
·
By Paul Lim
Insights
Steel scrap exporters continue to seek alternative markets amid weak Turkish buying
Exporters of steel scrap have continued to explore alternative destination markets for sales of deep-sea scrap cargoes because of the slump in prices in Turkey, sources said in the week ended Friday June 24
June 24, 2022
·
By Lee Allen, Amy Hinton, Cem Turken, Tianran Zhao, Olivia Zhang, Holly Chant
Insights
German port strikes add to logistics, congestion woes for base metals trade
Europe’s base metals market has been plagued by logistical issues for the majority of 2022, and the most recent strike by workers at the Port of Hamburg in Germany will add to these woes, participants told Fastmarkets
June 23, 2022
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By Carrie Bone
Insights
Century’s Hawesville smelter to close as energy soars, Aluminium prices slump
The United States’ largest primary aluminium producer, Century Aluminum, will close its biggest US smelter for up to a year due to “soaring energy prices,” the company announced on Wednesday June 22
June 23, 2022
·
By Orla O'Sullivan
Insights
Redrawing the lithium geopolitical map is harder than it looks | Hotter on metals
Lithium has become one of the world's most coveted commodities in the drive to the energy transition, with governments working to align around its production just as they have traditionally aligned around oil
June 23, 2022
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By Andrea Hotter
Insights
Bearish sentiment builds in European base metals markets
Sentiment in the base metals markets in Europe was turning increasingly bearish, a number of participants told Fastmarkets on Tuesday June 21, with macro-economic uncertainties creating additional caution among consumers with the approach of the seasonal summer slowdown
June 21, 2022
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By Callum Perry
Insights
China’s alumina exports into Russia continue to soar in May; China becomes net exporter
China’s alumina exports into Russia jumped again in May amid steady demand from the latter country to plug its shortfall due to its invasion of Ukraine and subsequent sanctions against it
June 21, 2022
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By Yiwen Ju
Insights
5 things we learned at Fastmarkets’ Steel Success Strategies
Attendees of Fastmarkets' 37th annual Steel Success Strategies conference - June 5-7 in Miami Beach, Florida - discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways
June 21, 2022
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By Alesha Alkaff
Insights
US ferro-molybdenum, molybdic oxide specifications update
Following a 30-day consultation period, Fastmarkets has amended the minimum accepted tonnage for data collection of United States ferro-molybdenum and molybdic oxide from 10 tonnes to five tonnes.
June 16, 2022
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By Ian Templeton
Insights
India to hit E10 blending target in 2022
USDA forecasts fuel ethanol demand to rise by 26%
June 16, 2022
·
By John McGarrity
Insights
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