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Russia sets export duties on 340 metal products [CORRECTED]
The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree.
June 26, 2021
·
By Amy Hinton
Insights
FOCUS: Russian steel export tax could create billet boom in Asia
The likely introduction of an export tax on Russian semi-finished steel products could cause tight supplies and a jump in prices for steel billet in Asia over the second half of 2021, sources told Fastmarkets on Friday June 25.
June 25, 2021
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By Lee Allen
Insights
FOCUS: Battle begins to recycle millions of EV batteries
Work is under way in Fredrikstad, Norway, to build a plant that will be key to electric vehicle (EV) transportation in Europe.
June 21, 2021
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Insights
STEEL SCRAP WRAP: Asian prices diverge from subdued Turkish market
Global scrap prices in the key markets diverged in the week to Friday June 18, with those in Asia moving upward, while Turkish scrap prices fell amid slow buying driven by uncertainty over finished steel sales.
June 18, 2021
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By Amy Hinton
Insights
Gathering storms prompt US Midwest вЂderecho’ warning
Weather forecasts expecting a burst of storms to form over the key growing regions of the US Midwest have sparked fears that...
June 17, 2021
·
By Timothy Worledge
Insights
ENERGY TRANSITION: Solar power capacity growth requires guaranteed supply of minerals and metals
Enabling large-scale expansion of solar power production capacity is a crucial part of the transition to a sustainable future for energy, but its prospects of growth rest on the current and future availability of key minerals and metals.
June 17, 2021
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By the Fastmarkets team
Insights
MSC confirms suspension of tin smelting operations in Malaysia until June 28
Tin smelting operations at the Malaysian Smelting Co (MSC) will be suspended until June 28, the company confirmed this week, after the country's Covid-19 lockdown was extended again.
June 16, 2021
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By the Fastmarkets team
Insights
Graphite producers for anode market adopting ESG faster than other sectors
Awareness and incorporation of environmental, social, and corporate governance (ESG) policies within the graphite market are slowly developing, with take-up greater downstream - especially in the anode sector - and among developing companies, sources told Fastmarkets.
June 15, 2021
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Insights
Ganfeng Lithium to buy 50% stake in Mali lithium mine for $130 million
China lithium producer Ganfeng Lithium is acquiring a 50% stake in a special purpose company that owns the Goulamina hard-rock mine in Mali for $130 million, the company said on Tuesday June 15.
June 15, 2021
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By Susan Zou
Insights
Opportunity for a scrap pricing supercycle
Growing steel demand presents an opportunity for a scrap pricing supercycle in the next decade, writes Bill Beck, reporting on the Fastmarkets virtual Scrap, DRI, and Mini-Mills conference in mid-April.
June 14, 2021
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Insights
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