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China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at an industry conference on Friday March 22
March 26, 2024
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By Zihuan Pan
Insights
US aluminium, copper industries to receive $900 mln from Energy Department program to cut emissions
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
March 26, 2024
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By Yasemin Esmen
Insights
Billions to flow from US government into metals; energy key | Hotter Commodities
The US could get a new primary aluminium smelter, investments in copper recycling and projects to decarbonize iron and steelmaking as part of a $6 billion government package announced on Monday, March 25
March 25, 2024
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By Andrea Hotter
Insights
China’s new 2027 “green construction” target to boost domestic steel decarbonization
China's National Development and Reform Commission (NDRC) has set a target for the building of green and low-carbon high quality buildings from 2027 to make significant improvements in energy-saving and carbon emission reduction in the construction sector, it said in a notice on Friday March 15 2024
March 25, 2024
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By the Fastmarkets team, Alice Li, Jessica Zong
Insights
Correction to US aluminum alloy C355.2 ingot on March 21
Fastmarkets has corrected its MB-AL-0277 aluminum alloy C355.2 ingot, delivered, $/lb, which was published incorrectly on Thursday March 21.
March 22, 2024
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Insights
Potential impacts of Red Sea crisis on Asian paper packaging trade flows?
There is a lot of uncertainty around how disruptive the Red Sea crisis will be on trade flows. Reports suggest that it is adding costs and extending shipping times as major shipping companies opt to sail around the Cape of Good Hope rather than through the Red Sea. In some instances, it appears that for […]
March 22, 2024
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By Beth Lis
Insights
Should India ‘heavily subsidize’ metals firms to insulate from Western trade barriers?
Western governments are increasingly implementing policies to protect their local metal-producing industries from rival products made in the developing world, but how should eastern lawmakers and companies respond to these moves?
March 22, 2024
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By the Fastmarkets team, Lee Allen, Aameer Sayed
Insights
Proposal to discontinue Log Lines prices for Region 4 logs: Final decision
No feedback was received during the consultation period and therefore we will discontinue Region 4 pricing. This consultation, sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing […]
March 22, 2024
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By the Fastmarkets team
Insights
China’s cost advantages, improving demand overshadow Western incentives for manganese sulfate production: Firebird CEO
Producing battery-grade manganese sulfate in China is “logical” even for non-Chinese companies, due to the country’s strong demand and cost competitiveness, according to the chief executive officer of emerging Australia-headquartered producer Firebird Metals
March 21, 2024
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By Solomon Cefai
Insights
Know what’s behind your packaging price: Food and beverage paper packaging scenario models
Get clear insights into your paper packaging costs and optimize your procurement strategy
March 20, 2024
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By the Fastmarkets team
Insights
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