United States President Joe Biden announced on Wednesday, October 19 that the Department of Energy (DoE) will be awarding $2.8 billion in grants from the Bipartisan Infrastructure Law

Fastmarkets will launch a price assessment for nickel mixed hydroxide precipitate, cif China, Japan and South Korea, on Friday October 28.

Scrap metal products were being repurposed as part of the green solution to achieve decarbonization, and some major market participants at the beginning of the recycling chain have been exploring ways to get a slice of the so-called ‘green premium,’ Fastmarkets has heard

Soaring energy prices, particularly in Europe, have dominated headlines globally and have had significant impacts on base metal prices, both on the London Metal Exchange and in physical spot premiums

Using implied volatility to evaluate price targets

The negotiation season for long-term contracts is well under way in many of the base metal markets, and participants globally have noted that the price volatility seen so far in 2022 and the soaring energy costs in Europe have weighed on consumer sentiment

The energy crisis roiling Europe as a result of Russia’s invasion of Ukraine is expected to last longer than the coming winter, although efforts to secure alternative supplies are expected to eventually prove fruitful

Aluminium premium offers reported to Fastmarkets in the United States rose in some instances and fell in others in a contradictory, initial reaction to news of a possible US ban on aluminium imports from Russia that broke last week

Premiums for copper cathode imported into China surged during the week to Friday October 14, following the country’s National Day holidays, reaching its highest recorded level since Fastmarkets started tracking the market in 2015

Primary foundry alloy (PFA) premiums in the US and European aluminium markets moved down in the month to Friday, October 14, amid weak spot purchasing and despite the US considering a ban on Russian aluminium