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European aluminium sector sees only minimal boost from improving automotive demand
High stock levels are keeping consumer requirements low despite a recovery in automotive demand, Fastmarkets has observed
March 1, 2023
·
By the Fastmarkets team, Carrie Bone, Imogen Dudman
Insights
BHP calls for ‘long overdue’ reform of LME metal delivery rules
Australian mining giant BHP has added to the growing industry pressure on the London Metal Exchange to reform its benchmark nickel price to make it more reflective of the physical market
February 24, 2023
·
By Callum Perry
Insights
Rio Tinto, BMW MoU highlights growing consumer demand for sustainable automotive materials
Growing consumer demand for automotive manufacturers to use sustainable materials is driving the uptake of low-carbon aluminium, with producer Rio Tinto announcing a partnership with BMW Group to supply the metal
February 20, 2023
·
By Carrie Bone
Insights
Norsk Hydro to await ‘comfort and visibility’ in aluminium demand before bringing back idled capacity
European aluminium producer Norsk Hydro will not bring smelter capacity back into the market until demand assurance returns, the company’s chief financial officer Pål Kildemo told Fastmarkets in an exclusive interview
February 20, 2023
·
By Imogen Dudman
Insights
Amendment to aluminium P1020A MJP quarterly premium methodology
Fastmarkets has amended its aluminium P1020A (MJP) quarterly premium assessment methodology.
February 17, 2023
·
Insights
Glencore’s coalface challenge | Hotter on metals
Glencore’s new chief executive officer Gary Nagle is learning a key management lesson the hard way, namely: “You can't please all of the people all of the time
February 17, 2023
·
By Andrea Hotter
Insights
Trafigura faces alleged nickel swindle | Hotter on metals
Global commodities trader Trafigura is suing Indian businessman Prateek Gupta and companies connected with him after discovering an allegedly elaborate scheme of nickel fraud
February 16, 2023
·
By Andrea Hotter
Insights
Nickel market reacts to Trafigura’s ‘shocking’ fraud allegations
Nickel market participants around the world reacted with alarm to the allegations of “systematic fraud” raised by global commodity trading house Trafigura that could result in losses of up to $577 million
February 13, 2023
·
By Callum Perry
Insights
India’s ambitious green steel goals depend on challenge of scrap supply
India has tough targets when it comes to increasing the volume of steel scrap being consumed by the country’s steel sector, but to reach its targets it will have to consider the supplies of such material that are available to Indian mills, an industry conference has heard
February 13, 2023
·
By Lee Allen, Min Li
Insights
Getting nickel going again | Hotter on metals
There’s widespread agreement that the London Metal Exchange nickel contract is broken, but little consensus on how to get it going again.
February 10, 2023
·
By Andrea Hotter
Insights
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