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Metals companies call on EU leaders for emergency action on energy prices
The heads of 40 metals companies and a number of industry associations have called on European Union leaders to take emergency action to temporarily reduce gas prices in order to alleviate costs and help continued production at their sites
September 7, 2022
·
By Andrea Hotter
Insights
Speira to curtail 50% of aluminium smelter production at Rheinwerk plant; cites high energy costs
Global aluminium rolling and recycling company Speira will curtail 50% of the current smelter production at its Rheinwerk plant until further notice citing rising energy prices, the company announced on Wednesday, September 7
September 7, 2022
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By Imogen Dudman
Insights
Aluminium premiums still under pressure in Japan, Europe, Brazil, but US market quiet
Aluminium premiums continued their global downtrend in the week to Tuesday September 6 with the exception of the US Midwest premium, which was unchanged after the Labor Day holiday in the United States.
September 7, 2022
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By Carrie Bone, Renato Rostás, Orla O'Sullivan, Imogen Dudman, Chay Chye Leng
Insights
Brazilian alumina exports rise 62% in August
Brazilian alumina exports grew by 62.24% year on year in August on higher shipments, in particular from northeastern Maranhão state, where the Alumar refinery is located, according to data published by the economy ministry on Monday September 5.
September 5, 2022
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By Renato Rostás
Insights
Six months of war: How has it changed the global steel market?
August 24 marked six months since the beginning of Russia’s unprovoked invasion of Ukraine on February 24
September 5, 2022
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By Lee Allen, Julia Bolotova, Vlada Novokreshchenova, Serife Durmus, Marina Shulga
Insights
Manganese, chrome industries seek answers to South Africa’s transport network woes
Fastmarkets explores the logistical challenges facing South African ore exports, from the perspective of chrome and manganese markets
September 5, 2022
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By Jon Stibbs, Claire Patel-Campbell
Insights
Why are aluminium, zinc premiums reacting differently to Europe’s energy crisis?
The energy crisis across Europe is leading to capacity being taken offline as producer margins become squeezed, but aluminium and zinc premiums are having opposite reactions
September 2, 2022
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By Callum Perry
Insights
Steel prices unlikely to rally significantly in near term: analysts
Steel prices in the United States are unlikely to return to last year's highs over the next year due to incoming steel capacity and falling raw materials prices, which could affect steel mills’ profitability, analysts told Fastmarkets
September 2, 2022
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By Alesha Alkaff
Insights
Correction to US West Coast ferrous scrap export index
Fastmarkets’ calculation of its steel scrap HMS 1&2 (80:20), export index, fob Los Angeles was published incorrectly on Wednesday August 31 due to a reporting error.
September 1, 2022
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By Sean Barry
Insights
LME will delist brands which do not comply with responsible sourcing policy
The London Metal Exchange will delist brands that do not comply with its responsible sourcing policy, it announced on Thursday, September 1.
September 1, 2022
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Insights
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