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Aluminium premiums reach new highs in Europe, steady in US, Japan, Brazil
Aluminium premiums in Europe continued to reach new highs in the week to Tuesday May 3, while premiums in the United States, Japan and Brazil were unchanged but well supported.
May 4, 2022
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By Renato Rostás, Orla O'Sullivan, Imogen Dudman, Yiwen Ju
Insights
Where will the US steel market get its prime scrap?
Broken trade flows, inflated steel prices and the pull of decarbonization targets are changing the way US steelmakers think, plan and run their day-to-day operations. Is the US steel scrap industry coming to an end of globalization and entering a new era of domestic sovereignty?
May 3, 2022
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By Grace Asenov, Kimberly Leppold
Insights
Nucor flexible in building raw material supply
Nucor Corp quickly navigated panic in the pig iron market, even as it took a hardline approach and ceased all purchases from Russia at the onset of its war in Ukraine
May 3, 2022
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By Lisa Gordon
Insights
Copper is top performer in Friday morning rebound for LME base metals
Copper and zinc made the biggest morning gains among the base metals on the London Metal Exchange on Friday, April 29, supported by the Chinese government's commitment to supporting its economy through its ongoing Covid-19 lockdowns
April 29, 2022
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By the Fastmarkets team
Insights
European aluminium market tightness worsens as logistics issues plague ports
The European aluminium market has experienced extreme tightness so far in 2022, due to high energy costs pushing European smelters offline just when there has been strong demand and with the situation being exacerbated by Russia's invasion of Ukraine
April 29, 2022
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By Imogen Dudman
Insights
‘Green’ alumina can command a premium, producers say
Alumina produced in a sustainable way can command a premium like aluminium, panelists at Fastmarkets’ bauxite and alumina conference said on Thursday April 28
April 28, 2022
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Insights
Energy transition at risk due to minerals supply constraints, lack of recycling, Eurometaux report says
Critical shortfalls loom without new primary metals supply and better recycling in the system soon, endangering Europe’s goal of a more autonomous clean energy system, according to a new study commissioned by Eurometaux, the region’s association of metal producers
April 27, 2022
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By Andrea Hotter
Insights
Global copper market drivers push and pull
Multiple drivers are pushing and pulling copper supply and demand. Myra Pinkham reviews their impact and gathers expert opinion on what may happen next in the markets for the red metal
April 26, 2022
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By Myra Pinkham
Insights
CME to launch options contract on aluminium physical futures
CME Group will launch an options contract on its physically-delivered aluminum futures on May 23, pending regulatory review, the Chicago-based exchange said
April 26, 2022
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By Orla O'Sullivan
Insights
Rising cobalt prices won’t dent battery sector demand
Cobalt market participants attending last week’s MMTA conference in Sheffield, UK, claimed that cobalt price rises that have supported the market since the beginning of the year will not lead to falling demand from the quickly-growing battery industry
April 21, 2022
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By the Fastmarkets team
Insights
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