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    • Coil, Spiral, Machine
      Chinese hot-rolled coil prices rise but buyer interest remains mixed
      China’s domestic and export steel hot-rolled coil prices rose on Monday October 28, reflecting a robust performance in the futures market, but the upward price movement did not translate into increased demand.
      October 29, 2024
       · 
      By Jessica Zong
      Insights
    • Person, Steel, Clothing
      Chinese stainless steel prices fall on weak demand and lower raw materials costs
      Chinese stainless steel prices fell in the week ended Wednesday October 23 in both the domestic and export markets, in response to weak demand and lower-cost raw materials, sources told Fastmarkets
      October 29, 2024
       · 
      By Jessica Zong
      Insights
    • Flag, Argentina Flag
      Global steel market: Four early takeaways from Alacero Summit 2024 in Buenos Aires
      Steel leaders from throughout Latin America gathered during October 29-31 in Buenos Aires, Argentina, at Alacero Summit 2024 to learn more about the region's growing importance in the global steel market
      October 29, 2024
       · 
      By Gabriela Brumatti, Ana Enis, Dan Hilliard, the Fastmarkets team
      Insights
    • Eramet regains full ownership of Centenario lithium project in Argentina
      Paris-headquartered minerals firm Eramet announced the buy-back of Tsingshan Holding Group’s 49.9% stake in Eramine Sudamerica on Thursday October 24, effectively regaining full ownership of the Centenario lithium project in Argentina.
      October 29, 2024
       · 
      By Callum Perry, Ewan Thomson, the Fastmarkets team
      Insights
    • Architecture, Building, Office Building
      Fastmarkets launches Chinese green ferro-alloys prices to cover whole clean steel supply chain
      China’s ferro-alloy industry continues to track toward sustainable development, focusing on decarbonization as a foundation and utilizing renewable energy and advanced technologies to reduce electricity consumption, waste gas and slag.
      October 29, 2024
       · 
      By Tina Tong, Paul Lim, Jessica Long, the Fastmarkets team
      Insights
    • Proposal to amend aluminium low-carbon differential P1020A, Europe
      Fastmarkets proposes to amend the timing window of its MB-AL-0381 aluminium low-carbon differential P1020A, Europe from up to three months to up to 18 months.
      October 29, 2024
       · 
      By Imogen Dudman
      Insights
    • Astronomy, Earth, Globe
      CME spodumene futures contract sees trading activity on launch day
      The Chicago Mercantile Exchange’s cash-settled spodumene concentrate futures contract was traded for the first time on Monday October 28, the day the contract launched.
      October 28, 2024
       · 
      By Callum Perry, Zihao Li, the Fastmarkets team
      Insights
    • Aluminium, Architecture, Building
      US Treasury’s finalized Section 45X a big win for secure supply chains, aluminium manufacturing: sources
      On Thursday October 24, the US Department of Treasury and the Internal Revenue Service (IRS) released the final rules regarding the Section 45X credits under the US Internal Revenues Code. The final rules clarify definitions and confirm credit amounts for eligible components, including solar and wind energy, inverters, qualifying battery components and applicable critical minerals. […]
      October 28, 2024
       · 
      By Yasemin Esmen
      Insights
    • Correction to electrical steel, non-grain oriented, CFR India, on October 18: pricing notice
      The price was published in error as $760-770 per tonne. This has now been corrected to $660-670 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets‘ steel package. For more information, or to provide feedback on this correction notice, or if you would like to provide […]
      October 28, 2024
       · 
      By Suresh Nair
      Insights
    • Rock, Coal, Face
      GEMCO’s manganese ore suspension: a volatile market driven by weak Chinese steel demand, panic buying
      Prices for seaborne high-grade manganese ore have plunged in October 2024, with producers announcing cuts to production and exports amid poor levels of purchasing in China But the most recent price drop was merely the latest dramatic move in a period of increased volatility, following the suspension of operations at South32’s Groote Eylandt Mining Co […]
      October 25, 2024
       · 
      By Tina Tong, Holly Chant
      Insights
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