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Three pathways to green steel in Asia
Fastmarkets explores three innovative pathways paving the way for sustainable steel production in Asia amidst rising capacity and demand challenges, driving the urgent need for decarbonization and low-carbon supply chain development
February 28, 2024
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By the Fastmarkets team, Paul Lim, Nabilah Awang
Insights
7 key reasons for BHP’s cooling steel outlook
Amid inflation and a global economic slowdown, BHP's outlook for the steel industry in China, the world's largest steel producer, has become less optimistic
February 27, 2024
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By the Fastmarkets team, Jessica Zong, Zihuan Pan, Nabilah Awang
Insights
Niron Magnetics gets $25 million to develop rare earth-free magnet
Niron said it is developing iron nitride magnets, which do not contain any rare earth elements. It was founded in 2014 and originated from the University of Minnesota. Niron plans to use the funds to expand its US production facilities in Minneapolis and aims to start producing 1,000 kg per year of iron nitride magnets […]
February 23, 2024
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By Sofia Okun, Caroline Messecar
Insights
Auto industry’s green steel awareness varies, according to CALSTART
Despite auto manufacturers' clear demand and willingness to pay a premium for green steel, understanding of the product varies widely in the industry, with larger OEMs like Ford, General Motors, and Volvo actively competing for its limited supply
February 19, 2024
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By Alesha Alkaff
Insights
US IRA scheme spurs activity on multiple fronts in graphite anode sector
Graphite companies Nouveau Monde Graphite, Novonix and Westwater have all announced offtake agreements in a developing US anode supply chain to comply with that country’s generous subsidy scheme under the Inflation Reduction Act and to ease the current dependence on China for material, Fastmarkets heard on Thursday February 15
February 16, 2024
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By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs
Insights
Fast-moving consumer goods: How raw material prices will impact costs in 2024
Fastmarkets’ 2024 outlook for key raw materials and ingredients used in the production and distribution of fast-moving consumer goods
February 15, 2024
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By the Fastmarkets team
Insights
Palm oil price and production outlook
Analyzing trends, outlooks and influential factors in the global palm oil market
February 14, 2024
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By the Fastmarkets team, Sathia Varqa, Regina Koh
Insights
Auto manufacturers, miners join forces over US mining tax incentive | Hotter Commodities
A group of major automotive manufacturers including Tesla and General Motors sent a joint letter with mining companies and electric vehicle (EV) battery companies on Monday February 5 urging the Biden administration to allow a 10% tax credit to apply to both mineral extraction and mineral processing in the US
February 12, 2024
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By Andrea Hotter
Insights
US Congressman accuses Alcoa, Century, Rio Tinto of anti-competitive behavior in aluminium market | Hotter Commodities
A US Congressman has alleged that aluminium producers including Alcoa, Century Aluminum and Rio Tinto have engaged in anti-competitive price collusion by not offering duty-free aluminium to buyers in the country’s beverage industry
February 8, 2024
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By Andrea Hotter
Insights
What’s in store for EV demand in 2024 and beyond?
Phoebe O'Hara, battery raw material analyst at Fastmarkets, shares her analysis on electric vehicle (EV) demand in 2023 and some insights for 2024 and beyond
February 6, 2024
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By Phoebe O'Hara
Insights
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