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China pivotal to achieving global drive to greener steel
The adoption of decarbonization technologies and greener practices in Asia will be pivotal to the global steel industry achieving is emissions reductions targets, according to Christopher Lilholm, head of global key account at Norwegian risk management business DNV.
October 14, 2024
·
By Shu Yi Zheng
Insights
Hydro increases US recycling capacity, R&D efforts amid growing interest for low-carbon aluminium
The aluminium producer Hydro has been focusing its research and development (R&D) efforts in the US on increasing its recycling-based extrusion ingot production, Hydro Aluminium Metals USA president Duncan Pitchford told Fastmarkets.
October 14, 2024
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By Luna Zhu
Insights
Chinese steelmakers raise November steel prices on SHFE rally, improved demand
Leading Chinese steelmakers will raise prices for their products by up to 600 yuan ($85) per tonne for domestic sales in November, following a significant rally in Shanghai steel futures prices and an increase in demand, sources told Fastmarkets on Thursday October 10.
October 11, 2024
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By Zihuan Pan
Insights
After consolidating ‘Pulp Valley’ in Brazil, Mato Grosso do Sul government aims to attract tissue industry
Read our exclusive interview with Eduardo Riedel, Governor of Mato Grosso do Sul and Jaime Verruck, Secretary of the environment, development, science, technology and innovation of Mato Grosso do Sul.
October 11, 2024
·
By Jorge Barbosa
Insights
SAF to account for 12% global aviation energy demand by 2050, said DNV
Sustainable aviation fuels (SAF) will start to see increased uptake from the 2030s and will account for up to 12% of world aviation energy demand by 2050, according to the 2024 Energy Transition Outlook published by Norwegian classification organization DNV on Wednesday October 9
October 11, 2024
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By Alexandra Chapman
Insights
Final decision on open consultation on methodology for Asia Graphic Paper
This consultation was done as part of our published annual methodology review process. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International […]
October 11, 2024
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By the Fastmarkets team
Insights
Copper prices in 2024 and 2025: a global overview and analysis
Copper's versatile applications and robust demand shape a complex global market outlook for 2024, with stable prices in the US, a mild recovery in China, and weak conditions in Europe, while Q4 forecasts suggest upward price pressure.
October 11, 2024
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By the Fastmarkets team, Boris Mikanikrezai, Andrew Cole
Insights
TSR and Novelis sign supply deal for ‘sustainable P1020 substitute’ high-grade aluminium scrap
Scrap processor TSR will supply aluminium flat-roller Novelis with high-grade European aluminium scrap that can serve as a “sustainable P1020 substitute,” a TSR executive told Fastmarkets on Thursday October 10.
October 10, 2024
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By Ross Yeo
Insights
Russia’s agriculture ministry to meet with grain exporters on potential export restrictions
A meeting between Russia’s Ministry of Agriculture and the country’s grain exporters is expected to be held on Friday October 11 to discuss potential restrictions on exports, sources told Fastmarkets on Wednesday October 9.
October 10, 2024
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By Masha Belikova
Insights
Battery material supply chains will self-organize, FT Mining Summit hears
Supply chains for battery and critical raw materials will reorganize themselves, with market efficiency superseding subsidies in supply chains, delegates heard at the recent Financial Times Mining Summit.
October 10, 2024
·
By Solomon Cefai
Insights
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