Fastmarkets is proposing to launch a daily index for Italy’s domestic steel hot-rolled coil market to replace the existing weekly price assessment for the product in Southern Europe.

The board of Chilean lithium producer Sociedad Quimica y Minera (SQM) has approved the company’s investment in the Mount Holland lithium project in Western Australia, it said on Wednesday February 17.

After reviewing the initial feedback on its proposal to launch a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid, Fastmarkets MB is extending the consultation period by two weeks.

Startup Italvolt will build the first lithium-ion battery gigafactory in Italy with an initial capacity of 45 GWh, it announced on Monday February 15.

British ferro-titanium producers have moved to allay any worries about trading with Europe after the UK's exit from the European Union trading bloc (‘Brexit’), with most confident they can satisfy the EU's strict regulations on chemicals.

With China still on holiday, base metals prices on the London Metal Exchange have been consolidating this morning, Tuesday February 16, even though broader markets remain upbeat.

Steel companies ArcelorMittal and Ovako have both begun to offer the first certified "green steel", following increased scrutiny on emissions from customers, the two companies announced separately.

Fastmarkets will publish inferred low-carbon midpoint calculations for some aluminium P1020A and value-added product (VAP) markets in line with the launch of the low-carbon aluminium differentials.

Fastmarkets proposes to launch a weekly Poland domestic steel wire rod (drawing quality) price assessment to complement Fastmarkets’ existing suite of European long steel prices.

Iron ore plays a critical role in decarbonizing steelmaking. What does greener steel mean for global iron ore markets? And what part will China play in driving change? Our global steel and iron experts weigh in.