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LME states position on low-carbon nickel premiums as calls grow for new pricing mechanisms
The London Metal Exchange has reaffirmed its position on low-carbon nickel pricing, highlighting challenges concerning market scale and definitions, it said in a notice issued to its members on Tuesday March 5
March 6, 2024
·
By Callum Perry
Insights
US copper scrap exports fall in 2023 but expectations for long-term demand increases remain
Static discounts for copper scrap remained prevalent in the US for most of 2023, while expectations of growth in the long term held
March 5, 2024
·
By Kirstyn Petras
Insights
Interest grows for low-carbon aluminium in East Asia, but willingness to pay premium mixed
The rising interest for low-carbon primary aluminium within East Asia is clear, although its ability to command a premium remains uncertain, according to market participants
March 4, 2024
·
By Chay Chye Leng
Insights
European aluminium premiums face new wave of support from buoyant Asian markets
An ongoing disruption to trade via the Red Sea and recent strength in some Asian markets are providing support to aluminium premiums across Europe, despite a continued period of low regional demand, participants have told Fastmarkets
February 29, 2024
·
By Imogen Dudman
Insights
Aluminium, nickel avoid direct sanctions | Hotter Commodities
Aluminium and nickel appear to have once again escaped inclusion in the latest list of sanctions imposed by western governments on Russia, ending days of speculation that increased both the prices and the traded volumes of the metals.
February 26, 2024
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By Andrea Hotter
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
·
By the Fastmarkets team
Insights
Weak European aluminium demand remains key hurdle to market recovery – Norsk Hydro
Weak demand continues to stem profitability and prevent capacity return in the European aluminium market, Norsk Hydro’s chief executives told Fastmarkets in an exclusive interview on Wednesday February 14.
February 15, 2024
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By Imogen Dudman
Insights
Delayed publication of rand fixing prices for LME trade
The publication of Fastmarkets’ rand fixing prices for LME trade for Monday February 12 were delayed due to a technical issue.
February 13, 2024
·
By pricing@fastmarkets.com
Insights
Copper smelters feel pain as treatment and refining charges plummet | Hotter Commodities
The copper concentrate market was already tight, but the addition of major new smelting capacity this year – starting with the expansion of Freeport’s Gresik smelter in Indonesia — will likely mean maintenance breaks, capacity curtailments and potentially even closures while operating costs start to become untenable, Fastmarkets understands.
February 8, 2024
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By Andrea Hotter
Insights
Congress, collusion and can sheet | Hotter Commodities
Major aluminium producers Alcoa, Rio Tinto and Century Aluminum have been accused of pocketing vast sums of money from the sale of aluminium products to the beverage industry in the US at inflated prices – and of potentially colluding to do so
February 8, 2024
·
By Andrea Hotter
Insights
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