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Battery materials market facing oversupply and macroeconomic headwinds in 2024 | 2024 preview
Fastmarkets looks ahead to 2024 and beyond at some key developments for the battery materials market as the clean energy transition faces a challenging global economic and geopolitical backdrop
January 22, 2024
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By the Fastmarkets team
Insights
Could headwinds hinder softwood lumber markets’ return to normalcy? | 2024 preview
Softwood lumber traders worldwide begin 2024 with a glimmer of hope that a post-pandemic new normal might finally emerge after several years of upheaval. Plateauing interest rates and encouraging signs in the U.S. housing market in late 2023 provided a reason for guarded optimism in North America. U.S. and Canadian exports to China increased last […]
January 18, 2024
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By Peter Malliris
Insights
Stardust Power to build lithium refinery in Oklahoma, US: CEO | Hotter Commodities
Stardust Power Inc is to build a battery-grade lithium refinery in Oklahoma in the United States, with major construction starting later in 2024, the US-based company’s founder and chief executive officer told Fastmarkets
January 16, 2024
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By Andrea Hotter
Insights
Mercedes-Benz steps up plans for lithium battery recycling with hydromet plant purchase
Major carmaker Mercedes-Benz has deepened its plans to expand operations in Europe’s lithium-ion battery recycling space with the order of a new hydrometallurgical plant to recover battery metals from black mass
January 15, 2024
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By Lee Allen
Insights
Asian aluminium demand anticipated to gradually recover, sources say | 2024 preview
The Asian aluminium market is expected to continue its recovery in 2024 after it struggled to meet expectations in the prior year, market participants have told Fastmarkets
January 12, 2024
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By the Fastmarkets team, Ruby Liu, Chay Chye Leng
Insights
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
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