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EC names critical, strategic raw materials under proposed new act
The European Union’s much-anticipated Critical Raw Materials Act, announced on Thursday March 16 by European Commission president Ursula von der Leyen, has set out new lists of the raw materials now formally designated as strategic and critical
March 17, 2023
·
By Claire Patel-Campbell
Insights
Delayed publication of cobalt, lithium prices
The publication of a number of Fastmarkets’ price assessments was delayed on Thursday March 16 for technical reasons.
March 16, 2023
·
By Justin Yang
Insights
European nickel uncut cathode and briquette premiums rise but premiums steady elsewhere
Continued tightness of class one supply within Europe and increased buying interest amid falling London Metal Exchange nickel prices and fresh liquidity have prompted an increase in premiums within Europe, while US and Chinese premiums remain steady for now
March 16, 2023
·
By the Fastmarkets team, Callum Perry, Yiwen Ju, Ian Templeton, Dylan Duan
Insights
Proposal to launch US magnesium assessment extended
Following an initial 30-day consultation period, Fastmarkets has elected to extend its market consultation regarding its proposal to launch a US magnesium metal price assessment to allow for further feedback and clarification from the industry.
March 15, 2023
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By Chris Kavanagh
Insights
Flack to acquire steel, aluminium OEMs to drive US hedging adoption
Flack Global Metals (FGM) will acquire steel and aluminium original equipment manufacturers (OEMs) and incorporate its hedging model into those businesses to accelerate the adoption of the financial tool in the United States, Flack’s founder and chief executive officer Jeremy Flack said
March 15, 2023
·
By Rijuta Dey
Insights
Chinese NPI prices continue to slide on increased supplies from Indonesia
The decline in China’s nickel pig iron (NPI) prices continued for a fourth consecutive week on Friday March 10, with units from Indonesia boosting supplies and prices falling to their lowest levels since September 2, 2022
March 14, 2023
·
By Dylan Duan
Insights
Canada’s ban on Russian aluminium imports | Hotter Commodities
Canada has banned the import of aluminium products from Russia due to the ongoing war in Ukraine, effective immediately, the country’s deputy prime minister said on Friday March 10
March 14, 2023
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By Andrea Hotter
Insights
Correction to the assessment for manganese flake, Rotterdam
Fastmarkets has corrected its weekly price for manganese 99.7% electrolytic manganese flake, in-whs Rotterdam following a reporter error.
March 13, 2023
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By Janie Davies
Insights
ABTC secures black mass deal with TechMet-Mercuria, acquires new battery recycling site
Lithium-ion battery materials company American Battery Technology Co (ABTC) has agreed a deal with global marketing and supply chain platform TechMet-Mercuria for black mass material which will be generated by the first phase of ABTC’s new recycling facility
March 13, 2023
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By the Fastmarkets team, Lee Allen, Yasemin Esmen
Insights
Extension of cobalt metal brand consultation
Fastmarkets is extending the consultation period on the proposed changes to its accepted brands for cobalt metal grades in the pricing methodology.
March 10, 2023
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By Alexander Cook
Insights
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