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Proposal to amend specifications of Fastmarkets’ manganese ore high grade indices
Fastmarkets proposes to amend the chemical specifications of its indices for high grade CIF and FOT Tianjin manganese ore.
June 28, 2024
·
By Janie Davies
Insights
Spot activity slows across global copper market
Copper demand remains weak in China and Europe, with some European sources noting liquidity heading to the US while others note the market is slightly less quiet than the previous month and American sources agree that the market appears to be stabilizing from previous highs
June 27, 2024
·
By Albert MacKenzie, Sally Zhang, Rae Boyadjis
Insights
Missing data point for fluorspar prices
Fastmarkets has observed a missing data set in its fluorspar fob China pricing history. Price data for three fluorspar, FOB China assessments for February 8, 2024, were missing due to a reporter error.
June 26, 2024
·
By Nina Hu
Insights
Correction to Australia, Brazil alumina FOB indices on June 25
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Tuesday June 25 due to a back end calculation error.
June 26, 2024
·
By Laura Roberts
Insights
BASF to cancel $2.6 billion nickel-cobalt refining project in Indonesia
German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project
June 26, 2024
·
By Sybil Pan
Insights
Using low-carbon steel demand to push steel mills’ decarbonization moves: IIO 2024
A low-carbon world will still need steel that can satisfy the diverse demands of a variety of downstream sectors, Frederik Leus, of ArcelorMittal’s Xcarb Business Development section, said in an address to Fastmarkets’ International Iron Ore and Green Steel Summit, being held in Vienna, Austria, on June 25
June 26, 2024
·
By Alice Li
Insights
Rare earth prices stabilize as sellers resist further decreases
China’s magnet rare earth prices were flat in the week to Thursday June 20, with sellers resisting a further price decline amid persisting weak demand, Fastmarkets heard
June 26, 2024
·
By the Fastmarkets team, Solomon Cefai
Insights
New ARZYZ FRP project opportunity for Mexico to depend less on imports
Mexican secondary aluminium alloy smelter and distributor of primary metals ARZYZ Metals expects that the company’s new project to produce domestic flat-rolled products (FRP) will reduce Mexico's dependence on imports, a press officer told Fastmarkets on Monday June 24
June 26, 2024
·
By Leticia Simionato
Insights
BMW opens first US press shop at South Carolina plant where it will manufacture EVs
The German auto-manufacturer BMW opened its first press shop in North America at its plant in Spartanburg, South Carolina, where it will produce the exterior for its X3 model, the company announced on Friday June 21
June 25, 2024
·
By Yasemin Esmen
Insights
China’s refined copper exports surge to 8-year peak and high exports continue
China’s exports of refined copper rose to an eight-year high in May, with exports expected to stay elevated through June, sources told Fastmarkets in the week to Friday June 21
June 25, 2024
·
By Sally Zhang
Insights
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