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Production cost rise is a concern for alumina refining in China as downturn deepens
Some alumina refineries in China were finding it difficult to make profits in the face of higher production costs and falling alumina prices, raising the risk of production cuts in the future, Fastmarkets heard on Thursday June 9
June 9, 2022
·
By Yiwen Ju
Insights
Change to Fastmarkets’ base metals arbitrage calculation on June 9
Fastmarkets used the London Metal Exchange base metals prices at 09:44 GMT for the arbitrage calculations on Thursday June 9, because there was no data available at 08:00 GMT due to a system error.
June 9, 2022
·
By Sally Zhang
Insights
Argentina sets reference price for lithium exports
Official reference price to bring additional transparency to the local lithium sector
June 9, 2022
·
By the Fastmarkets team
Insights
Energy transition supercycle ‘different’ to previous supercycles, Soc Gen’s Haigh says
This new supercycle, focused on specific commodity groups in the energy transition, has investors aiming to improve their ESG standards and approach
June 9, 2022
·
By Callum Perry
Insights
Gap for 62-65% Fe iron ore narrows amid stronger demand for mid-grade fines
Seaborne iron ore prices are seeing narrower 62-65% Fe spreads amid stronger preference for mid-grade fines and stable demand from buyers, sources told Fastmarkets on Wednesday June 8
June 9, 2022
·
By Paul Lim
Insights
‘Green steel’ premiums to become commonplace within the next decade
Additional premiums for low-carbon ‘green steel’ are still a niche market, but will they become the norm in the next three-to-10 years? The answer is yes, according to the expert panelists at Fastmarkets’ International Iron Ore conference in Düsseldorf, Germany, in early June
June 9, 2022
·
Insights
Wheat futures surge after Russia strikes Ukrainian grain terminal
Europe's trading volume further reduced due to concerns about drought affecting French crops
June 9, 2022
·
By Mark Shenk
Insights
Proposal to adjust Detroit turnings price
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap turnings in Detroit, effective from the July 2022 monthly settlement.
June 8, 2022
·
By Sean Barry
Insights
Correction to stainless scrap dealer prices
Fastmarkets has corrected its dealer buying prices for stainless scrap 304 solids, clips and stainless scrap 304 new clips in Pittsburgh, which were published incorrectly on Tuesday June 7 due to a reporting error.
June 8, 2022
·
By Sean Barry
Insights
Optimization software cuts steelmakers’ costs, carbon: Fero Labs
Steel producers in the United States are using optimization software to cut costs for raw materials, reduce quality issues and meet sustainability targets, according to Berk Birand, co-founder and chief executive officer of Fero Labs
June 8, 2022
·
By Grace Asenov
Insights
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