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China stimulus policies key to sustaining base metal price rises, Sucden Financial says
Economic stimulus policies put in place by the government of China will be key to sustaining price rises among base metals in the coming quarters, Daria Efanova, head of research at UK-based services provider Sucden Financial, said during the company’s third-quarter metals webinar on Wednesday, August 2
August 11, 2023
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By the Fastmarkets team, Carrie Bone, Albert MacKenzie
Insights
Vale sells stakes in Energy Transition Metals business; deals must face Canada scrutiny
Brazilian miner Vale has signed a binding agreement with Manara Minerals of Saudi Arabia under which the latter will buy a stake in Vale Base Metals (VBM), the holding entity for the South American company’s Energy Transition Metals (ETM) business, it announced on Thursday July 27
August 7, 2023
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By Carrie Bone, Bruno Martins
Insights
Automakers increasingly interested in green aluminium: Novelis
Novelis has noted increasing enthusiasm for low-carbon aluminium sheet from the automotive sector, more so than its other business segments, including beverage cans and specialty markets, according to a top executive at the company
August 7, 2023
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By Grace Asenov
Insights
Base metals price mixed forecast on China stimulus pressure
Despite concerns over the uncertainty of China’s economic recovery, base metals price forecasts remain mixed for aluminium, copper, lead, nickel, tin and zinc prices
August 2, 2023
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By the Fastmarkets team
Insights
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
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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
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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
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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
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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
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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
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By the Fastmarkets team
Insights
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