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Europe to redraw iron ore supply lines after Russia’s invasion forces Ukrainian miner to halt operations
Europe will have to rethink its iron ore supply lines after major producer Metinvest was forced to shut three mining and processing operations, because of logistics issues caused by Russia's invasion of Ukraine, the GMK Center think-tank told Fastmarkets this week
July 8, 2022
·
By Paul Lim
Insights
Alumina market grapples with rising costs, Atlantic differential may switch direction
The alumina sector is continuing to grapple with rising costs and weakening market conditions, while the Atlantic differential could switch direction due to refinery production cuts and aluminium smelter closures, sources told Fastmarkets.
July 7, 2022
·
By Carrie Bone
Insights
China’s alumina exports into Russia continue to soar in May; China becomes net exporter
China’s alumina exports into Russia jumped again in May amid steady demand from the latter country to plug its shortfall due to its invasion of Ukraine and subsequent sanctions against it
June 21, 2022
·
By Yiwen Ju
Insights
5 things we learned at Fastmarkets’ Steel Success Strategies
Attendees of Fastmarkets' 37th annual Steel Success Strategies conference - June 5-7 in Miami Beach, Florida - discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways
June 21, 2022
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By Alesha Alkaff
Insights
Aluminium market split on future direction of weakening Rotterdam P1020 markets
European aluminium premiums have fallen from recent record highs in the week ended Wednesday June 15 due to increasingly bearish sentiment and a drop off in spot demand, but there is disagreement in the market about how far spot premiums can drop in current conditions
June 15, 2022
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By Imogen Dudman
Insights
European aluminium billet premiums fall following surge of overseas imports
European aluminium billet premiums have fallen from recent record highs following a surge of imports, resulting in an oversupplied market at a time when demand from the automotive sector has weakened, participants told Fastmarkets
June 14, 2022
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By Carrie Bone, Imogen Dudman
Insights
Energy transition supercycle ‘different’ to previous supercycles, Soc Gen’s Haigh says
This new supercycle, focused on specific commodity groups in the energy transition, has investors aiming to improve their ESG standards and approach
June 9, 2022
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By Callum Perry
Insights
Optimization software cuts steelmakers’ costs, carbon: Fero Labs
Steel producers in the United States are using optimization software to cut costs for raw materials, reduce quality issues and meet sustainability targets, according to Berk Birand, co-founder and chief executive officer of Fero Labs
June 8, 2022
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By Grace Asenov
Insights
Many hurdles ahead, negative risks persist, Irepas raw materials chief tells conference
A wide variety of factors have contributed to “a really shaky period” in international trade, delegates heard at the 86th meeting of Irepas, the International Rebar Producers & Exporters Association, held in Istanbul, Turkey, on May 29-31, 2022
June 8, 2022
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By Cem Turken
Insights
SDI targeting 80% capacity at Sinton by Q3
Steel Dynamics Inc (SDI) is aiming for its new $1.9-billion electric-arc furnace (EAF) mill in Sinton, Texas, to be operating at 80% capacity by the third quarter before hitting full capacity by year-end, chief financial officer Theresa Wagler said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, on Monday June 6
June 7, 2022
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By Sean Barry
Insights
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