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China electrical steel poised for green boost, but experts warn against overcapacity
Chinese steelmakers are strengthening their position as global leaders in electrical steel after China's introduction of new motor efficiency standards, but experts have warned that supply may soon outpace demand and that overcapacity in high-end electrical steel products could generate downward pressure on prices.
September 20, 2024
·
By Sam Li Xiaoyu
Insights
China to boost liquidity in carbon emission trading system
China is working ways to boost the national carbon trading market liquidity by including more industrial firms from the steel, cement and electrolytic aluminum sectors to participate, as well as restarting the voluntary greenhouse gas (GHG) emissions reduction trading, sources told Fastmarkets.
September 20, 2024
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By Zihuan Pan, Alice Li, the Fastmarkets team
Insights
What Trump, Harris policies could mean for steel in the US
Here are some ways their proposed policies are aligned or differ when it comes to steel: Aligned: Both candidates support domestically-made steel Harris and Trump are both cognizant of the critical role of the steel industry in the US’ national security, infrastructure and energy industry, Kevin Dempsey, president and chief executive officer of the American […]
September 19, 2024
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By Alesha Alkaff
Insights
Decision to amend spodumene min 6% Li2O cif China prices
Fastmarkets has amended the minimum accepted lithium content and minimum accepted tonnage of its MB-LI-0012 spodumene min 6% Li2O, spot price, cif China and its MB-LI-0043 spodumene min 6% Li2O, contract price, cif China.
September 19, 2024
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By Zihao Li, Callum Perry
Insights
Chile launches economic strengthening plan in wake of steelmaker Huachipato closure
The Chilean Ministry of Economy released a strengthening plan to reverse — in the short and medium term — the reduction in jobs and the decline in industrial infrastructure and steel production due to the closure of the country's largest steel mill, Compañía Siderúrgica Huachipato, which officially ceased operations on Monday September 16.
September 19, 2024
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By Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
Australia still ‘attractive’ for alumina producers despite heightened ESG considerations: International Aluminium 2024
Australian alumina production remains “attractive” although heightened environmental-social-governance (ESG) considerations have been causing some tension recently, delegates said during a panel discussion at Fastmarkets’ International Aluminium conference in Athens, Greece, on September 10-12.
September 19, 2024
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By Laura Roberts
Insights
Five factors that could accelerate or decelerate the adoption of a green steel premium in the US: LME Week
According to our survey of the US steel market, almost half of respondents believe it will take more than 18 months for a green steel premium to be collected in the US – here we explore the factors that could influence the speed of adoption
September 18, 2024
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By the Fastmarkets team
Insights
Nth Cycle CEO interview: Commercial operations start in Ohio and modularity a necessity in US critical materials supply chain
Critical metal refiner Nth Cycle became the first company in the US to produce premium nickel-cobalt mixed hydroxide precipitate (MHP) this week, when it began commercial-scale operations on Monday September 9
September 17, 2024
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By Kirstyn Petras
Insights
Policy uncertainty poses short-term risk for US anode sector but long-term outlook remains strong, said Syrah CEO
Delays in US policy support for its domestic anode supply chain have made investment decisions harder, even as expectations for a medium-term supply shortage persist, Shaun Verner, chief executive officer of Australia-listed Syrah Resources, told Fastmarkets in an interview in August
September 16, 2024
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By Solomon Cefai
Insights
Four reasons why China faces an unparalleled steel crisis
Bearishness lingers in China’s ferrous market despite price rises seen for some steel products in recent days, market participants told Fastmarkets in the week to Wednesday September 11
September 16, 2024
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By Jessica Zong, Tina Tong, Jessica Long, the Fastmarkets team
Insights
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