Oversupply caused by growing refining capacity in China overturned the fundamentals of the Chinese Class-1 nickel market in 2023 and the effects are expected to be extended and amplified in 2024, sources told Fastmarkets

The Asian aluminium market is expected to continue its recovery in 2024 after it struggled to meet expectations in the prior year, market participants have told Fastmarkets

Another year is behind us, with no shortage of discussion topics when reflecting on the US residential construction and wood products markets in 2023. In many ways, the year played out how our team expected as we laid out in last year’s “Predictions” piece. Here is how our predictions played out throughout 2023: Want to […]

These changes are driven by the need to adapt to an uncertain market environment and a sluggish economy, especially with pessimistic steel demand from China's real estate sector

Learn more about how Chinese ferro-alloy smelters are planning to strengthen green production efforts in 2024

Rare earth magnet production looks set to advance in the US and Europe in 2024, with market participants outside of China seeking to secure and onshore the supply chain for magnets

Secondary aluminium markets in Europe should be significantly influenced by the availability of scrap through this year, with the rate of exports to Asia from Europe playing a key role in shaping price trends for ingot, according to industry sources

With China's domestic producers increasing or expanding their capacities, the supply of gallium in the Chinese market is gradually rising. But due to uncertainties in the new year's export control policies and insufficient downstream demand, the market might face a more severe oversupply in 2024, according to sources

A rapid change in the spot copper concentrate market since October has sent a clear signal of fiercer competition to secure copper concentrates in 2024, which will be felt in other copper raw materials markets, like blister and anodes, sources told Fastmarkets

With China’s fluorspar prices hitting a record high in 2023, market participants in China expect export prices to fluctuate little throughout 2024, mainly due to shortage of supply