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Steel industry will be main consumer of imported hydrogen, Germany’s strategy says
Germany’s steel industry will be one of the country’s main consumers of imported hydrogen in the next two decades, according to the hydrogen import strategy approved by the country’s Federal Cabinet on Wednesday July 24
July 25, 2024
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By Julia Bolotova, Darina Kahramanova
Insights
Decision to launch US black mass payable indicators, amendment to specifications
Fastmarkets will launch its new suite of US black mass payable indicators on Wednesday August 7, following a one-month consultation period.
July 24, 2024
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By Kirstyn Petras
Insights
Demand for aluminium in green transition supporting otherwise challenging downstream markets: Norsk Hydro CEO
Demand for primary aluminium from the green transition remains a “brighter spot” for consumption amid an otherwise challenging downstream demand outlook, Eivind Kallevik, Norsk Hydro’s chief executive officer and president, told Fastmarkets in an exclusive interview on Tuesday July 23
July 24, 2024
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By Imogen Dudman
Insights
ACG’s Gediktepe deal first step in creating mid-tier copper producer | Hotter Commodities
Acquisition Company Limited (ACG) has agreed to buy the Gediktepe mine in Turkey — the company’s first deal as it works to build a sizeable mid-tier copper producer, its chairman and chief executive officer told Fastmarkets.
July 24, 2024
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By Andrea Hotter
Insights
Speculative interests in copper driving base metals narratives, says Sucden Financial
Copper market price speculation is driving the base metals narrative, head of research at UK-based services provider Sucden Financial Daria Efanova said during the company’s third-quarter metals webinar on Wednesday July 17.
July 23, 2024
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By Natasha Porter
Insights
Markets largely adjusted to China’s germanium, gallium, graphite export controls one year on
After initial market turbulence when China introduced export controls on gallium, germanium and graphite last year, a new normal has settled into the international markets for these metals, market participants have told Fastmarkets
July 22, 2024
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By Sybil Pan, Solomon Cefai, Nico Zhang
Insights
Proposal to discontinue price assessment for Russia pig iron exports, FOB Baltic Sea
Fastmarkets proposes to discontinue its weekly price assessment for MB-IRO-0001 Pig iron export, fob main port Baltic Sea, CIS.
July 22, 2024
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By Marina Shulga
Insights
Hydrogen-based iron ore production far-off, risky in wartime – Ferrexpo
The use of green hydrogen to produce direct-reduced iron (DRI) is set to transform the steelmaking industry, an executive from Ferrexpo has said
July 22, 2024
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By Shu Yi Zheng
Insights
How green hydrogen hubs can restructure future commodities production
Green hydrogen is emerging as a game-changer for decarbonizing entire industries heavily reliant on fossil fuels. Major commercial sectors like aviation, shipping, and steel production are looking to green hydrogen as the next big thing to replace fossil fuels and achieve sustainability
July 22, 2024
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By Paul Lim
Insights
Delayed publication of steel billet index export, fob Black Sea, CIS
Fastmarkets’ pricing database has been updated. The steel billet index export, fob Black Sea, CIS price was published at $496 per tonne on July 19. This price is part of the Fastmarkets steel price package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price […]
July 19, 2024
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By Zdravko Cherkezov
Insights
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