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    • Car, Transportation, Vehicle
      E-Vac’s South Carolina rare earth magnet factory to get $112 mln IRA-funded tax credit
      E-Vac Magnetics has been awarded $111.9 million in US tax credits to advance the construction of its first US rare earth magnet manufacturing facility in Sumter, South Carolina, it announced on Tuesday April 9
      April 10, 2024
       · 
      By Solomon Cefai
      Insights
    • electric vehicle speeds through street
      TSMC Arizona to receive $6.6 billion funding under CHIPS for three semiconductor fabs
      The United States Department of Commerce and TSMC Arizona, a subsidiary of the Taiwan Semiconductor Manufacturing Company Limited (TSMC), have signed a non-binding preliminary memorandum of terms (PMT) for direct funding under the CHIPS and Science Act, Commerce announced on Monday April 8
      April 9, 2024
       · 
      By Yasemin Esmen
      Insights
    • Rolls upon rolls of galvanized steel
      China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
      China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at a recent industry conference.
      April 5, 2024
       · 
      By Zihuan Pan
      Insights
    • Food, Fruit, Grapes
      Latin American food exports start to improve after weak 2023, supporting packaging demand
      After reporting weak export volumes throughout 2023 as a result of the economic recession affecting important global markets, the latest food export statistics from Latin American countries are bringing relief for corrugated packaging producers in the region, sources told Fastmarkets. Interested in the latest developments and trends in the paper packaging industry? Speak to our team […]
      April 3, 2024
       · 
      By Marina Faleiros
      Insights
    • Chile lays out lithium policy details | Hotter Commodities
      Chile’s government has laid out its plan to significantly boost the country’s lithium production, opening up 26 lithium salt flats for private investment and naming the Atacama and Maricunga salt flats as strategic to the state.
      March 28, 2024
       · 
      By Andrea Hotter
      Insights
    • European flat steel
      China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
      China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at an industry conference on Friday March 22
      March 26, 2024
       · 
      By Zihuan Pan
      Insights
    • US aluminium, copper industries to receive $900 mln from Energy Department program to cut emissions
      The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
      March 26, 2024
       · 
      By Yasemin Esmen
      Insights
    • Construction, Construction Crane, Urban
      China’s new 2027 “green construction” target to boost domestic steel decarbonization
      China's National Development and Reform Commission (NDRC) has set a target for the building of green and low-carbon high quality buildings from 2027 to make significant improvements in energy-saving and carbon emission reduction in the construction sector, it said in a notice on Friday March 15 2024
      March 25, 2024
       · 
      By the Fastmarkets team, Alice Li, Jessica Zong
      Insights
    • Should India ‘heavily subsidize’ metals firms to insulate from Western trade barriers?
      Western governments are increasingly implementing policies to protect their local metal-producing industries from rival products made in the developing world, but how should eastern lawmakers and companies respond to these moves?
      March 22, 2024
       · 
      By the Fastmarkets team, Lee Allen, Aameer Sayed
      Insights
    • Mercedes-Benz inks green steel supply deal with Nucor
      Mercedes-Benz has signed its second deal with a major US steel producer to supply greener steel in hopes of reaching decarbonization goals by the year 2039, the German automaker announced on Wednesday March 20
      March 20, 2024
       · 
      By Mark Burgess
      Insights
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