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    • 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
    • CAD Diagram, Diagram, Aircraft
      How is the steel industry supporting DRI expansion amid weak global demand?
      Raw material prices have come under the pressure of falling steel demand around the world since the second half of 2023, and market participants expect the trend to extend into 2024
      March 18, 2024
       · 
      By Norman Fong
      Insights
    • Aluminum ingots
      Aluminium demand to benefit from ‘under-appreciated’ role in energy transition
      Increasing amounts of aluminium are being used to make solar panels, reduce vehicle emissions and upgrade electricity networks in a structural shift to patterns of long-term aluminium consumption
      March 18, 2024
       · 
      By James McKeigue
      Insights
    • Construction, Construction Crane, Field
      Policies, economy loom over future South American lithium supply, local market says
      Lithium-rich South America has come to an impasse in developing new projects that will help supply the global energy transition, amid new governments taking office and regulation uncertainties, Fastmarkets has heard
      March 12, 2024
       · 
      By the Fastmarkets team, Justin Yang, Renato Rostás
      Insights
    • Machine, Motor, Engine
      Carmakers announce big investments in Brazil and a focus on hybrids
      Car manufacturers have recently announced investments totalling more than 117 billion Reais ($23.48 billion) in Brazil for the production of cars that use decarbonization technologies, with a focus on hybrid models
      March 12, 2024
       · 
      By Renato Rostás, Felipe Peroni, Gabriela Brumatti
      Insights
    • China ferro-alloys sectors show muted response to 2024 economy targets
      The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets
      March 11, 2024
       · 
      By Jessica Long, Tina Tong
      Insights
    • Construction, Construction Crane, Urban
      Construction industry outlook: Raw materials price trends in 2024
      What is the outlook for key raw materials in the construction industry in 2024, including steel, scrap, aluminium and lumber?
      March 11, 2024
       · 
      By the Fastmarkets team
      Insights
    • Rock, Slate, Crystal
      Lithium price fluctuation should not deter market growth
      Fluctuations observed in lithium spot prices in recent years are not expected to undermine the long-term growth potential of the market, according to the chief executive officer of UK-based mineral processing company Green Lithium
      March 11, 2024
       · 
      By Dalila Ouerghi
      Insights
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