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Chilean tax reform sets royalties, tax for copper producers
The Chilean government has introduced a tax reform bill that, among other measures, would raise mining royalties on companies that produce more than 50,000 tonnes per year of copper, according to a release from the country’s ministry of finance
July 8, 2022
·
By Yasemin Esmen
Insights
Key Asia bulk import steel scrap markets record sharp rise amid pre-Eid buying
A raft of bookings for steel scrap in both Turkey and Pakistan this week ahead of the Islamic holy festival of Eid al-Adha has led to an acute rise in offer prices to key Asia bulk markets, sources told Fastmarkets
July 7, 2022
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By Lee Allen, Tianran Zhao
Insights
Shagang cuts another $7 per tonne off steel scrap procurement price
Shagang Group, China's largest privately-owned steel producer in Jiangsu province, East China, has announced a 50 yuan ($7) per tonne cut to its scrap procurement prices due to lower steel scrap consumption by domestic steel mills amid thin profits or even losses, market sources said
July 6, 2022
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By Olivia Zhang
Insights
Amendment to Bauxite fob Brazil specifications, publishing time
Fastmarkets has amended the specifications and publishing time of its price assessment for Bauxite fob Brazil following an extended consultation
June 30, 2022
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By Carrie Bone
Insights
Steel industry well-positioned to benefit from global renewable energy push
With the world paying more attention to renewable power and decarbonization, huge investments have been put into grid infrastructure and technology
June 29, 2022
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By Tianran Zhao
Insights
Other G7 countries block German and UK proposals for biofuels waivers
Spike in fossil fuel prices should stop countries from introducing relaxations of biofuels mandates
June 27, 2022
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By John McGarrity
Insights
Century’s Hawesville smelter to close as energy soars, Aluminium prices slump
The United States’ largest primary aluminium producer, Century Aluminum, will close its biggest US smelter for up to a year due to “soaring energy prices,” the company announced on Wednesday June 22
June 23, 2022
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By Orla O'Sullivan
Insights
Pulp growth, ESG challenges and paper transformation with Walter Schalka
We invited our 2022 Latin American CEO of the Year winner for a deep dive into the growth and transformation in the pulp and paper sector, as well as the challenge ahead
June 23, 2022
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Insights
An alternative view of North American containerboard supply expansion
Why Derek Malburg believes the concentration of the containerboard industry will fall significantly in the next few years as smaller players continue to get on board
June 21, 2022
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By Derek Mahlburg
Insights
What is the state of China’s fiber balance and how will that impact global fiber markets?
Hannah Zhao, director of fiber, explores how China's plans to restrict recovered paper imports have reshaped global fiber markets
June 21, 2022
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By Hannah Zhao
Insights
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