Some cathode makers have been switching back to lower-nickel cobalt manganese (NCM) from high-nickel NCM cathodes to reduce costs and encourage consumers amid slowing demand for electric vehicles (EVs), Fastmarkets understands
Find out how days before the 2023 United Nations Climate Change Conference (COP28) in Dubai, the World Economic Forum (WEF) outlined three key areas of investment for the global aluminium industry to reach net zero by 2050 – clean energy, emerging technologies and decarbonization infrastructure – but it will require hundreds of billions of dollars
“The [Department] has a set of tools through the Inflation Reduction Act [IRA] and the Bipartisan Infrastructure Law,” Annie Sartor, aluminum campaign director at clean industry advocate group Industrious Labs, said. “They are open to talking about what the industry needs. When we said the current investments were not enough, they were open to conversation,” […]
Copper scrap discounts in the United States continued to be steady in the week to Wednesday November 22, with sources noting little changes week on week ahead of the Thanksgiving holiday.
Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 5 and November 3. This consultation was done as part of our published annual methodology review process.
Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited non-ferrous materials, via an open consultation process between October 5 and November 3, 2023. This consultation was done as part of our published annual methodology review process.
Aluminium price on China’s economy Range-trading has characterized the LME aluminium price as the decline since the start of October attempts to stabilize. At the beginning of the year, market participants had overestimated China’s ability to stimulate its way out of the Covid-lockdown era, putting too much emphasis on a fast and robust recovery. However, as China’s economic […]
Fastmarkets assessed its new aluminium low-carbon differential P1020A, US Midwest at zero on Friday November 3. The assessment for the aluminium low-carbon differential for value-added product, US Midwest, also was at zero on Friday. Fastmarkets aims to bring transparency to the market with its new low-carbon aluminium differentials. “We are getting lots of questions about carbon […]
Indonesia is to increase its dominance in global nickel supply within the next five years, amid an ongoing growth in capacity in the country
The base-metals commodity markets are going through an “unprecedented” period, Saad Rahim, chief economist at global trader Trafigura, said at the London Metal Exchange’s own metals seminar which started the 2023 LME Week event in London on Monday October 9