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Correction to stainless scrap dealer prices
Fastmarkets has corrected its dealer buying prices for stainless scrap 304 solids, clips and stainless scrap 304 new clips in Pittsburgh, which were published incorrectly on Tuesday June 7 due to a reporting error.
June 8, 2022
·
By Sean Barry
Insights
SDI targeting 80% capacity at Sinton by Q3
Steel Dynamics Inc (SDI) is aiming for its new $1.9-billion electric-arc furnace (EAF) mill in Sinton, Texas, to be operating at 80% capacity by the third quarter before hitting full capacity by year-end, chief financial officer Theresa Wagler said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, on Monday June 6
June 7, 2022
·
By Sean Barry
Insights
Chilean copper production falls 8.9% in April, Cochilco says
Chile’s copper production decreased by 8.93% in April from a year earlier despite a recovery from Escondida, with fewer volumes reported for Codelco and Collahuasi, the country’s copper commission, Cochilco, said on Thursday June 2
June 3, 2022
·
By Renato Rostás
Insights
Global aluminium billet premiums under pressure amid softening demand
Dwindling demand and differing supply situations between regions pressured aluminium billet premiums down or kept them unchanged across the world on Wednesday June 1, with clear bearishness slowly taking over global markets
June 2, 2022
·
By Carrie Bone, Renato Rostás, Orla O'Sullivan, Yiwen Ju
Insights
It’s the start of a commodity supercycle, serial entrepreneur Tvede says
Even with prices at all-time highs, there is a very high likelihood for upward momentum to persist over the coming decade, according to serial entrepreneur and venture capitalist Lars Tvede
May 31, 2022
·
By the Fastmarkets team
Insights
Chinese alumina exports to Russia surge in April
China’s alumina exports to Russia surged in April amid stronger demand from the latter due to international trade sanctions imposed on it following its invasion of Ukraine
May 24, 2022
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By Yiwen Ju
Insights
Change to Fastmarkets’ base metals arbitrage calculation on May 23
Fastmarkets used the London Metal Exchange base metals prices at 9:41am London time for the arbitrage calculations on Monday May 23, because there was no data available at 8:00am due to a system error.
May 23, 2022
·
By Sally Zhang
Insights
Sustainability is fundamentally reshaping investors’ approach to finance | Hotter on metals
A shift in spending from high- to low-carbon assets as part of the energy transition culture could create the biggest reallocation of capital in history – and is already fundamentally reshaping investors’ approach to financing
May 17, 2022
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By Andrea Hotter
Insights
Investment in battery recycling continues as Hydrovolt begins commercial recycling operations
In the face of a worsening supply deficit for key battery raw materials including lithium and cobalt, battery producers are seeking new ways to secure raw materials for electric vehicle batteries
May 17, 2022
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By Callum Perry
Insights
‘Extreme’ trucking tightness in Europe underpins elevated base metals premiums
Availability and the costs of trucking are now starting to significantly impact the flow of material in continental Europe, putting pressures on supply chains and keeping base metals premiums elevated, participants have told Fastmarkets
May 12, 2022
·
By Callum Perry
Insights
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