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Correction to 400 series stainless steel scrap prices on March 11
Fastmarkets has corrected its price assessments for stainless steel scrap 409 and 430 bundles delivered to mill, Pittsburgh, which were published incorrectly on Monday March 11.
March 14, 2024
·
By Amy Hinton
Insights
Glencore injects $75 million into battery recycler Li-Cycle
Ontario-based battery recycling company Li-Cycle announced that the company had received a $75 million investment from Glencore, building on previous investments and their existing long-term partnership
March 14, 2024
·
By Lee Allen, Kirstyn Petras
Insights
Weak demand drives slump in UK steel scrap monthly prices
Weak demand in both the UK domestic and export steel scrap markets has created a glut of supply and brought a raft of cheaper offer prices into British steelmakers for monthly delivery settlements in March, trade sources told Fastmarkets in the week ended Tuesday March 12
March 13, 2024
·
By Declan Conway
Insights
What lies behind the rapid decline in spot copper concentrates TC/RCs?
The recent decline in spot copper concentrates treatment and refining charges (TC/RCs) is startling, with Fastmarkets’ indices falling 38.87% month on month to a record low in February and still falling. But what lies behind the slump, and can anything be done to halt the slide? Fastmarkets investigates
March 12, 2024
·
Insights
Proposal to launch laterite ore 1.3% nickel content cif China
Fastmarkets proposes to launch a weekly assessment for laterite ore with 1.3% nickel content, cif China, $/tonne.
March 12, 2024
·
By Dylan Duan
Insights
Chinese seaborne manganese ore prices climb further but buyer sentiment weakens
Seaborne manganese ore prices to China rose further in the week to Friday March 8, following fresh deals in the higher and lower-grade markets
March 12, 2024
·
By the Fastmarkets team, Holly Chant, Tina Tong
Insights
Wave of M&A starting as containerboard producers struggle with weak demand
After two difficult years, we anticipate demand for containerboard and corrugated board in Europe will start to recover this year. However, sluggish growth in the European economy will likely continue to be sluggish and consumer spending remains uncertain in the near term. Challenges will increase as containerboard capacity grows faster than demand during the next […]
March 11, 2024
·
By Tero Eerikainen
Insights
Recovery of global aluminium demand depends on interest rates in the US and Europe
Recovery in global aluminium demand depends on interest rates, mainly in the United States and Europe, while the global scenario remains challenging
March 11, 2024
·
By Leticia Simionato
Insights
China ferro-alloys sectors show muted response to 2024 economy targets
The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets
March 11, 2024
·
By Jessica Long, Tina Tong
Insights
Construction industry outlook: Raw materials price trends in 2024
What is the outlook for key raw materials in the construction industry in 2024, including steel, scrap, aluminium and lumber?
March 11, 2024
·
By the Fastmarkets team
Insights
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