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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
·
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
·
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
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
·
By Andrea Hotter
Insights
Global aluminium premiums mixed amid low activity
Global primary aluminium premiums were mixed during the week to Tuesday February 7, mostly affected by weak spot demand and low activity in parts of Asia and in Brazil, while some markets remained supported amid growing tightness
February 8, 2024
·
By the Fastmarkets team, Imogen Dudman, Yasemin Esmen, Chay Chye Leng, Leticia Simionato
Insights
China accelerating green power aluminium development
China's aluminium industry has increased the development pace of green-power aluminium in recent years, by using more green power for electrolytic aluminium production to reduce carbon emission and also by actively pushing forward differentiation of the metal from its non-green-power counterpart
February 1, 2024
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By Ruby Liu
Insights
Proposal to launch two Brazilian aluminium delivered premiums
Fastmarkets proposes to split the current Brazilian aluminium P1020A delivered premium by launching two new domestic premium assessments to better reflect the two-tier market created by the different state value-added tax (VAT) rates, known as the ICMS tax.
January 31, 2024
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By Leticia Simionato
Insights
Seasonal watch | Copper enters its brightest seasonal phase
February is set to be the best month for copper prices after a challenging start to the new year
January 31, 2024
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By Boris Mikanikrezai
Insights
The challenging world of Russian aluminium sanctions | Hotter Commodities
The London Metal Exchange is finding that when it comes to metal of Russian origin, and in particular aluminium, it can't please all of the people all of the time.
January 29, 2024
·
By Andrea Hotter
Insights
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