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Lower CBA supply driving low-VAT aluminium premium higher in Brazil
Brazilian aluminium supply coming from Companhia Brasileira de Alumínio (CBA) is said to have tightened, helping to boost the P1020A ingot premium, market participants told Fastmarkets in the two weeks to Wednesday April 24
April 25, 2024
·
By Leticia Simionato
Insights
Copper concentrate traders ‘gambling’ on market tightness continuing into 2025
In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks
April 25, 2024
·
By Albert MacKenzie
Insights
Brazil increases import duty to 25%; quotas include HRC, CRC, HDG, Galvalume, tubes
The Brazilian Executive Management Committee for the Foreign Trade Chamber (Gecex-Camex) decided to increase steel import duties during one year to 25%, while establishing import volume quotas for 11 steel products, according to a document published on Tuesday April 23
April 25, 2024
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By Renato Rostás, Ana Enis, Gabriela Brumatti
Insights
Nexa receives funding from Brazil government for decarbonization goals
This move aligns with global demands for sustainability in the mining sector and sets Nexa on a path toward achieving net zero emissions by 2050
April 25, 2024
·
By Leticia Simionato
Insights
Decision to discontinue lithium contract price assessments
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
April 24, 2024
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By Justin Yang
Insights
Green Li-ion launches first US battery-grade pCAM-producing recycling facility
Singapore-based lithium-ion battery recycling company Green Li-ion has launched its first commercial-scale installation to produce battery-grade cathode and anode materials from black mass and cathode powder – the first of its kind in North America
April 24, 2024
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By Kirstyn Petras
Insights
GEMCO export sales and wharf operations to remain suspended until Jan-Mar 2025
This development has led to a tightening market supply and bullish sentiment among traders, despite the immediate aftermath not showing a price hike
April 23, 2024
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By Holly Chant, Tina Tong
Insights
Proposal to amend specifications, names of 37% manganese ore indices
Fastmarkets proposes to amend the chemical specifications and names of its CIF, FOB and FOT 37% manganese ore indices.
April 23, 2024
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By Tina Tong, Holly Chant
Insights
Electrical steel now China’s star product amid global decarbonization drive
The global decarbonization drive is turning electrical steel into one of China's key ferrous products, with electrical steel exports surging in recent years, sources told Fastmarkets
April 23, 2024
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By Jessica Long, Zihuan Pan
Insights
Why China’s new 2024 steel output cut policy is altering value chain dynamics
China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity
April 19, 2024
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By Jessica Zong, Alice Li, Jessica Long, Norman Fong, Tina Tong, Shu Yi Zheng
Insights
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