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US corrugated board CEOs optimistic about long-term business despite short-term challenges
Smurfit Kappa CEO Tony Smurfit, Hood Container pres/COO Charlie Hodges, and Kruger senior vice-president and COO Michael Lafave discussed the containerboard and corrugated box markets during a discussion panel on Nov. 8 at Fastmarkets’ Forest Products International Containerboard Conference (ICC) in Chicago, IL
November 8, 2022
·
By Renata Mercante
Insights
Green Lithium to set up UK’s first large-scale lithium refinery producing battery-grade lithium
Junior lithium start-up, Green Lithium, will aim to produce 50,000 tonnes per year of battery-grade lithium to meet 6% of the EU and UK’s 2030 battery requirements
November 8, 2022
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By Dalila Ouerghi
Insights
Rise of southern rebar may boost nearshoring, a boon to buyers
Opinions are mixed on whether new steel reinforcing bar capacity will be absorbed by a down market, but a spate of planned mills in the southern United States may signal a shift toward nearshoring that could offer buyers relief from high freight costs and volatile global supply chains
November 8, 2022
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By Abby Verret
Insights
US aluminium scrap imports decline in September vs August
Imports of aluminium scrap into the United States fell by 9.61% month on month in September, with decreases recorded in all import categories, according to the latest data from the US Department of Commerce
November 8, 2022
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By Kirstyn Petras
Insights
Proposal to discontinue Seattle/Portland turnings price assessment
Fastmarkets proposes to discontinue its steel scrap machine shop turnings, consumer buying price trend, delivered mill Seattle/Portland, $ per gross ton, due to a lack of liquidity.
November 7, 2022
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Insights
Proposal to discontinue Detroit foundry grades
Fastmarkets proposes to discontinue three foundry grade price assessments included in its Detroit consumer buying price series due to a lack of liquidity.
November 7, 2022
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Insights
Nickel the talk of the town at LME Week 2022
Battery materials, specifically nickel, dominated many conversations during LME Week 2022
November 7, 2022
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By Callum Perry
Insights
European sack kraft market calms amid economic fears and high stocks
Both unbleached and bleached sack kraft paper in Europe have seen price stabilize in the third quarter of 2022
November 7, 2022
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By Fastmarkets Forest Products
Insights
Codelco raises 2023 copper premium offer to Chinese clients by 33%, sources
Chilean state-owned copper producer Codelco has made a premium offer of $140 per tonne to Chinese copper market participants for its 2023 copper cathode supply, at least two sources receiving the offer told Fastmarkets on Monday, November 7
November 7, 2022
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By Sally Zhang
Insights
First half of 2022 shows North American lumber output decline vs previous year
A year on year comparison for the North American lumber output
November 4, 2022
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By Joe Pruski
Insights
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