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Containerboard prices show minor upticks in the GCC region
Discover how the recycled fiber-based containerboard market in the GCC maintained stability amidst fluctuating costs and rising global interest.
November 7, 2024
·
By Eva Nyman
Insights
Cobalt market reacts to Trump second presidential term
As the dust settles in Washington and Americans wake up to news that Donald Trump is once again president-elect, participants in the cobalt market discuss the wider ramifications on a crucial coming four years for the electric vehicle (EV) industry.
November 7, 2024
·
By Alexander Cook
Insights
Used cooking oil (UCO) futures contract: frequently asked questions
Fastmarkets and the Intercontinental Exchange (ICE) introduced the used cooking oil (UCO) Gulf (Fastmarkets) futures contract on November 01, 2024. This contract is linked to Fastmarkets' used cooking oil price assessment and addresses growing demand and complexity in the biofuel feedstock market. It offers market participants a valuable tool for risk management
November 7, 2024
·
By the Fastmarkets team
Insights
Market remains skeptical about China’s easing restrictions on recycled copper and aluminium imports from mid-November
Chinese authorities officially announced that they will be expanding the range of permitted recycled copper and aluminium imports from mid-November, but market participants Fastmarkets spoke to at a conference this week are not convinced that this will mean more material will be imported into the country in the short run.
November 7, 2024
·
By Carman Chew
Insights
Steel, auto interests make wishlist for president-elect Trump
A trade group representing the US steel industry and a selection of executives with exposure to the automotive sector have highlighted their needs for the incoming second administration of new president-elect Donald Trump.
November 7, 2024
·
By Kirstyn Petras, Chris Kavanagh, Dan Hilliard, Rijuta Dey, the Fastmarkets team
Insights
North, Latin American steel markets eye trade impact after Trump re-election
Steel market participants in both the North and Latin American markets are keeping tabs on the impact of trade relations with China in the aftermath of Donald Trump’s victory in the 2024 US presidential elections.
November 7, 2024
·
By Alesha Alkaff, Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
Inflation Reduction Act in focus in Trump presidency | Hotter Commodities
Donald Trump has previously said he plans to repeal the Inflation Reduction Act (IRA), at least partially, and rescind its unspent funds.
November 7, 2024
·
By Andrea Hotter
Insights
Open consultation on methodology for aluminium P1020A premium in-whs dup, dp Rotterdam in relation to the EU’s carbon border adjustment mechanism
Fastmarkets is inviting feedback on the pricing methodology for MB-AL-0004 aluminium P1020A premium, in-whs dp Rotterdam and MB-AL-0346 aluminium P1020A premium, in-whs dup Rotterdam ahead of the definitive period of the European Union’s Carbon Border Adjustment Mechanism which starts from January 2026.
November 6, 2024
·
By Imogen Dudman
Insights
US steel manufacturer Cleveland-Cliffs bullish in 2025 on falling interest rates, election certainty
Cleveland-Cliffs expects 2025 to be a strong year for the company, citing decreasing interest rates, certainty after the US elections and an increase in manufacturing onshoring, top executives said in the company’s third-quarter earnings call on Tuesday November 5.
November 6, 2024
·
By Alesha Alkaff
Insights
DOE announces $44.8 million in funds for battery recycling; sources believe efforts to continue regardless of election results
The United States Department of Energy (DOE) announced on Thursday October 31 a further $44.8 million in funding from the Bipartisan Infrastructure Law (BIL) for eight projects to lower the costs of recycling electric vehicle (EV) batteries and EV battery components to ultimately decrease overall EV costs.
November 6, 2024
·
By Kirstyn Petras
Insights
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