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Hydro’s Slovalco to stop primary aluminium production due to ‘high electricity prices’
Hydro’s Slovalco aluminium facility in Slovakia will stop all primary aluminium production by the end of September 2022, Hydro said on Wednesday, August 17
August 17, 2022
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Insights
Alba reports soaring profits in second-quarter, half-year results
A summary of second-quarter and first-half results posted by Aluminium Bahrain (Alba) for the period ending June 30, 2022
August 16, 2022
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By Carrie Bone
Insights
Early publication of daily European steel HRC indices
The publication of Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe and daily steel hot-rolled coil index, domestic, exw Italy for Monday August 15 took place earlier than scheduled due to a reporter error.
August 15, 2022
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By Julia Bolotova
Insights
Fastmarkets launches open market consultation on nickel MHP pricing
Fastmarkets invites all nickel market participants to provide feedback on its initiative to launch a price for the physical mixed-hydroxide-precipitate (MHP) market.
August 15, 2022
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By Callum Perry
Insights
Heatwave power cuts halt zinc, aluminium production in southern China
All industrial activity in Sichuan province in southern China is being curtailed to divert tight energy supplies to households from Monday August 15 until Saturday August 20
August 15, 2022
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By Yiwen Ju, Jinfan Yang
Insights
Landmark US bill a boon but may mean higher global metal market prices
The Inflation Reduction Act in the United States may ironically cause global metal market prices to rise for some metals used in electric vehicles (EVs), Fastmarkets sources said
August 12, 2022
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By Orla O'Sullivan
Insights
Why metals markets are responding differently to inflation this time round
Globalization, financialization and other key differences in today’s metals markets make comparisons to past periods of inflation potentially misleading. Fastmarkets experts discuss.
August 12, 2022
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By Alexander Kershaw
Insights
EU metal-shipping crisis worsens after Rhine River water levels plummet
An alarming drop in water levels in Germany’s Rhine River and other key waterways in Europe has led to massively strained logistics in shipping commodities across Europe, driving up costs and exacerbating material supply, sources told Fastmarkets
August 11, 2022
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By Lee Allen, Carrie Bone, Julia Bolotova, Elina Virchenko
Insights
Proposal to adjust Houston turnings price
Fastmarkets is proposing a realignment of its dealer selling price for ferrous scrap machine shop turnings in Houston, effective from the September 2022 monthly settlement.
August 10, 2022
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By Sean Barry
Insights
More infrastructure is needed to support the growing use of EVs | Hotter on metals
While huge investments are being made to design, manufacture and improve electric vehicles, solutions to the means of charging rapidly growing numbers of them are needed too
August 10, 2022
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By Andrea Hotter
Insights
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