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Biden imposes ‘melt and pour’ requirement for Mexican steel, aluminium imports
The US government will impose tariffs on steel and aluminium shipped from Mexico that were made elsewhere, in a bid to curb trans-shipment and excess production, the White House said in a statement on Wednesday July 10, a move widely applauded by the pair of metals industries
July 11, 2024
·
By Yasemin Esmen, Alesha Alkaff
Insights
Hydro, Porsche sign agreement for green aluminium in auto industry’s latest effort to decarbonize
Norway-based aluminium producer Hydro and German car manufacturer Porsche signed a long-term agreement on Tuesday July 9 for supply of low-carbon aluminium to further decarbonize the supply chain of Porsche’s sports cars. The agreement follows the letter of intent signed in April
July 11, 2024
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By Yasemin Esmen
Insights
Delay to July ferrous scrap settlements
Fastmarkets advises that, as of Wednesday July 10, certain monthly North American ferrous scrap assessments had yet to be settled.
July 10, 2024
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By Amy Hinton
Insights
Correction to Australia, Brazil alumina FOB indices on July 8
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 Monday July 8 due to an error.
July 9, 2024
·
By James McKeigue
Insights
Correction to rationales for battery-grade lithium hydroxide, carbonate CIF CJK on July 9
Fastmarkets has corrected the rationales for its MB-LI-0033 lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea and MB-LI-0029 lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea, which were published incorrectly on Tuesday July 9.
July 9, 2024
·
By Callum Perry, Zihao Li
Insights
Germany’s UFOP warns current rapeseed output ‘insufficient’ to meet demand
Germany's UFOP highlighted a global rapeseed supply shortage, urging increased planting in 2025 to meet demand amidst reduced production forecasts.
July 9, 2024
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By Timothy Worledge
Insights
June packaging focus: RCCM, UKL prices continue to climb, but FBB and WLC are flat
DS Smith announced a Euro 60/tonne price increase for European customers, with stable RCCM production costs and rising old corrugated container prices, while UKL prices surged across Europe except in the UK, hinting at potential hikes and market fluctuations.
July 9, 2024
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By Jessica Zimbalatti
Insights
Indonesian government looking to ease bauxite export ban
The Indonesian government is looking to ease its export ban on bauxite, sources familiar with the matter have told Fastmarkets
July 8, 2024
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By Ruby Liu, Laura Roberts, the Fastmarkets team
Insights
Russia’s war in Ukraine boosts copper demand
Russia's war against Ukraine is using millions of copper-containing shells, which has increased demand for the red metal, sources told Fastmarkets
July 8, 2024
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By James McKeigue
Insights
Fresh proposal to amend Iranian billet, slab price assessments
After an extended consultation, Fastmarkets is launching a new proposal to amend specifications of its MB-STE-0782 steel billet export, fob ports Iran and MB-STE-0781 steel slab export, fob ports Iran assessments.
July 4, 2024
·
Insights
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