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Six predictions for the housing and softwood lumber markets | 2024 preview
Another year is behind us, with no shortage of discussion topics when reflecting on the US residential construction and wood products markets in 2023. In many ways, the year played out how our team expected as we laid out in last year’s “Predictions” piece. Here is how our predictions played out throughout 2023: Want to […]
January 12, 2024
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By Dustin Jalbert
Insights
Rare earth magnet production outside Asia gearing up | 2024 preview
Rare earth magnet production looks set to advance in the US and Europe in 2024, with market participants outside of China seeking to secure and onshore the supply chain for magnets
January 10, 2024
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By the Fastmarkets team, Sofia Okun, Solomon Cefai
Insights
Asia’s move toward green steel picks up pace
Decarbonization of the steel industry in Asia is set to accelerate, with steelmakers pressed to export more amid weak local demand and oversupply, necessitating the increase of low-carbon steel supply
December 21, 2023
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By Nabilah Awang
Insights
China EV sales exceed one million units and BRM prices remain under pressure
While the downstream electric vehicle market witnessed spectacular sales and output growth in November, the upstream battery raw materials prices continued to experience bearishness amid slow buying and increasing capacity
December 20, 2023
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By Sybil Pan, Carrie Shi, Zihao Li, the Fastmarkets team
Insights
Turning volatility into victory: A toolbox for battery makers
As the electric vehicle (EV) revolution accelerates, battery makers find themselves at the forefront of a burgeoning industry but an industry not without its challenges
December 20, 2023
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By the Fastmarkets team
Insights
The automotive supply chain: A guide to strategically sourcing raw materials
As the demand for battery materials continues to grow, those in procurement are facing a huge challenge: making sure they can get a steady and reliable supply of battery materials
December 20, 2023
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By the Fastmarkets team
Insights
Navigating battery supply challenges and price momentum for the automotive sector
In the ever-expanding world of electric vehicles (EVs), industry players face three key challenges; securing a reliable supply of battery materials, determining the most cost-effective battery chemistry and navigating the impact of current price momentum on profit margins.
December 20, 2023
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By the Fastmarkets team
Insights
A make-or-break year for non-Chinese gallium market | 2024 preview
With China’s stringent implementation of its gallium export controls persisting through to the end of 2023 at least, 2024 looks set to become a make-or-break year for gallium market participants outside China
December 18, 2023
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By Solomon Cefai
Insights
US senate proposes tax credit for rare earth magnets with bipartisan backing
Legislation to implement a US production tax credit for rare earth magnets made domestically has been introduced in the US Senate with bipartisan backing, the proposing senators announced on Friday December 15
December 18, 2023
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By Solomon Cefai
Insights
Steel industry weighs the costs as CBAM transition period begins
Steel market participants gathered at the Nordics regional meeting of steel distributors’ association Eurometal in Copenhagen, Denmark on Thursday October 5, where key discussion topics were how the EU’s Carbon Border Adjustment Mechanism (CBAM) will operate and the risks importers face once it reaches final implementation
October 13, 2023
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By Julia Bolotova
Insights
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