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Weak aluminium packaging sector weighs on Constellium results, despite improving automotive shipments
The continued weakness in the aluminium packaging sector has been reflected in the financial results of producer Constellium published on Wednesday July 26, with lower revenue and shipments reported for the segment
July 28, 2023
·
By Carrie Bone
Insights
Aluminium can inventory surplus will clear by 2025: SDI CEO
Steel Dynamics Inc (SDI) will dedicate nearly half of the output from its 650,000-tonne capacity aluminium rolling mill Columbus, Mississippi, to primarily produce beverage cans, a market currently experiencing a glut of inventory
July 24, 2023
·
By Jason Smith
Insights
China’s auto sales rise for second month in June amid broad economic recovery
China’s auto output and sales rose for a second straight month in June, due to central and local government stimulus measures, along with carmakers introducing new models and sales incentives to try and hit their mid-year sales targets
July 18, 2023
·
By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
Insights
Weak construction output hampers European aluminium, steel market
Slower demand for construction materials continues to weigh on Europe’s aluminium and steel market price and premiums
July 11, 2023
·
By the Fastmarkets team, Julia Bolotova, Imogen Dudman, India-Inés Levy
Insights
Are China’s export curbs on gallium and germanium a political symbol or a real threat? [update]
Restrictions on critical minerals by China cast uncertainty over industry
July 7, 2023
·
By the Fastmarkets team, Solomon Cefai
Insights
Mixed month ahead for base metals prices as optimism over China cools
Base metal futures on the London Metal Exchange are showing little signs of change as China's potential economic stimulus failed to materialize in June causing sentiment of rebounding Chinese demand to dampen
July 5, 2023
·
By the Fastmarkets team
Insights
Can China’s cheaper nickel sulfate make its way overseas?
Chinese participants are mulling over nickel sulfate exports into neighboring Japan and South Korea, with the main driver the regional price gap between China and these countries, Fastmarkets heard on Tuesday June 27
June 30, 2023
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By Yiwen Ju
Insights
Decarbonization must be across value chain, not just copper competition, Aurubis CEO says
The copper industry must work together to decarbonize procedures across the board to tackle the challenges of climate change while moves toward electrification will create a boom in copper demand, Aurubis chief executive officer Roland Harings has said
June 20, 2023
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By Albert MacKenzie
Insights
Climate change presents ‘once-in-a-century’ opportunity for commodities traders: TELF
In a highly energy-intensive and carbon-generative industry like ferro-chrome, producers naturally have a growing focus on their energy usage and emission levels and what they can do to mitigate them, especially while end users increasingly look to solidify their own green credentials
June 20, 2023
·
By Claire Patel-Campbell
Insights
European Parliament adopts updated battery directive targeting circular economy
The European Parliament adopted an update to the European Union’s battery directive on Wednesday June 14, which is intended to further foster circular production for batteries in the bloc
June 16, 2023
·
By Solomon Cefai
Insights
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