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China announces new duties on US agricultural imports as US tariffs take effect
China has announced additional tariffs of up to 15% on imports of US goods from March 10, with the new measures covering largely agricultural products, alongside restricted exports to 15 US companies, according to a notice posted by the country’s Ministry of Finance and Ministry of Commerce on Tuesday, March 4. Imports of agricultural goods […]
March 4, 2025
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By the Fastmarkets team, Regina Koh, Masha Belikova, Jenny Ma
Insights
Delayed publication of Chinese battery-grade lithium hydroxide, lithium carbonate price averages
The February monthly average and weekly averages between February 15 and 28 for the two prices (MB-LI-0040 and MB-LI-0036) were not calculated because of the error. This delay did not affect the publication of the actual daily assessments. Fastmarkets’ pricing database has been updated. These prices are a part of Fastmarkets’ industrial minerals package. For more information […]
March 4, 2025
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Insights
Zinc market insights from IZA San Diego conference
Presenters shared insights into zinc market dynamics at the International Zinc Association’s (IZA) International Zinc and Zinc Oxide conference held February 23-26 in San Diego.
March 3, 2025
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By Natasha Porter, Rae Boyadjis, the Fastmarkets team
Insights
Iron ore surplus in 2025: Market shake-up for Vale, Rio Tinto and China
Iron ore markets face major shifts as an oversupply looms in 2025, driven by weak demand from Chinese steel mills and changing pricing trends. Key players like Vale and Rio Tinto are tackling challenges such as fluctuating shipments, blending practices in China, and a competitive global market.
March 3, 2025
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By Alice Li, Shu Yi Zheng, the Fastmarkets team
Insights
Tariff threat pushes up lumber prices despite average demand
The perpetually moving target of tariffs on Canadian lumber shipments to the US frustrated traders and had broad impacts on sales in many species. Despite middling demand, the threat of tariffs combined with relatively tight supplies left many prices higher for the week. The delay in announcement of preliminary AD rates by the Commerce Department […]
March 3, 2025
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By Joe Pruski, the Fastmarkets team
Insights
Proposal to amend in-whs Rotterdam chromium alumino-thermic 99% min assessment, launch 99.4% min assessmen
Fastmarkets proposes to amend the pricing methodology for its chromium alumino-thermic 99% min, in-whs Rotterdam assessment to bring it in line with the Chinese specifications currently followed by the market. The Chinese specifications currently in use by the market have been drawn up by the Minor Metals Trade Association (MMTA). The existing methodology adheres to […]
February 28, 2025
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By Julienne Raboca
Insights
Pallet prices holding steady as market awaits tariff decision
Pallet prices in the US market held steady this month amid uncertainty on how proposed tariffs under the Trump administration would play out. The tariffs, if sustained, could significantly worsen inflation, threatening the trust that many voters placed in Trump to lower prices. While the immediate effects on the US pallet system are limited, a […]
February 28, 2025
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By Ian Templeton, Antonio Gallotta
Insights
Proposal to amend in-whs Rotterdam chromium alumino-thermic 99% min assessment, launch 99.4% min assessment
Fastmarkets proposes to amend its MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam assessment and launch an assessment for chromium alumino-thermic 99.4% min, in-whs Rotterdam. Fastmarkets proposes to amend the pricing methodology for its chromium alumino-thermic 99% min, in-whs Rotterdam assessment to bring it in line with the Chinese specifications currently followed by the market. The […]
February 28, 2025
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By Julienne Raboca
Insights
Bets are on ‘rising star’ LFP in recycling market, ACE Green CEO says
ACE Green is revolutionizing the battery recycling industry by focusing on LFP recycling through innovative, modular, and low-capex technology.
February 28, 2025
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By Lee Allen
Insights
African graphite supply in 2025: Market shifts, challenges and strategic importance
Graphite producers in Southeast Africa, including Madagascar, Mozambique and Tanzania, are becoming key players as global demand shifts away from China. Despite challenges like infrastructure and competition, growing demand for large graphite flakes and downstream processing signals a promising future for the region by 2025
February 27, 2025
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By Solomon Cefai, Venus Wang, the Fastmarkets team
Insights
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