Neste has canceled its 120 MW electrolyzer project at the Porvoo refinery due to economic and regulatory challenges, reflecting a broader trend of energy companies scaling back renewable fuel investments.

Fastmarkets proposes to amend the timing window of its MB-AL-0381 aluminium low-carbon differential P1020A, Europe from up to three months to up to 18 months.

The prices reflect the rising demand among market participants for green ferro-chrome prices from the Chinese market, amid the continuous push by the country, which is the world’s largest ferro-chrome producer, to drive green production of the materials in line with decarbonization goals. Fastmarkets’ green ferroalloy domestic, ferro-chrome differential, will be assessed every week against […]

The Chicago Mercantile Exchange’s cash-settled spodumene concentrate futures contract was traded for the first time on Monday October 28, the day the contract launched.

On Thursday October 24, the US Department of Treasury and the Internal Revenue Service (IRS) released the final rules regarding the Section 45X credits under the US Internal Revenues Code. The final rules clarify definitions and confirm credit amounts for eligible components, including solar and wind energy, inverters, qualifying battery components and applicable critical minerals. […]

In late September, the People’s Bank of China (PBOC) announced a cut in the existing mortgage rate by an average of 50 basis points.

Prices for seaborne high-grade manganese ore have plunged in October 2024, with producers announcing cuts to production and exports amid poor levels of purchasing in China But the most recent price drop was merely the latest dramatic move in a period of increased volatility, following the suspension of operations at South32’s Groote Eylandt Mining Co […]

Nickel premiums remained stable worldwide, with the London Metal Exchange's three-month nickel price hitting its lowest point since mid-September.

Nickel pig iron (NPI) prices in China continued to climb in the week to Friday October 18, on an increase in tradbg amid positive sentiment, sources told Fastmarkets.

This consultation was done as part of our published annual methodology review process. No formal feedback was received during the consultation period and therefore Fastmarkets will proceed with the following proposed changes. Following extensive market research, Fastmarkets proposed to launch new assessments for bleached and unbleached European sack kraft to provide assessments that are more […]